UNIVERSITY OF SCIENCE AND ARTS OF OKLAHOMA ALUMNI ASSOCIATION INC (EIN 731366971) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

WHITNEY PALESANO

Phone

4055741320

Tax Period

2024-07-01 to 2025-06-30

UNIVERSITY OF SCIENCE AND ARTS OF OKLAHOMA ALUMNI ASSOCIATION INC, founded in 1995, is a small nonprofit in the Education sector that reported $176K in total revenue in fiscal year 2024. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $157K left a modest 10% surplus.

Mission

THE PURPOSE OF THE ASSOCIATION IS TO PERPETUATE AND PROMOTE THE INTEREST OF THE UNIVERSITY OF SCIENCE AND ARTS OF OKLAHOMA (USAO), TO PROVIDE LEADERSHIP FOR THE ALUMNI, TO ENCOURAGE ENROLLMENT IN THE UNIVERSITY, AND TO TAKE OTHER ACTION AS MAY BE DEEMED BENEFICIAL FOR THE UNIVERSITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $38,350

Program Service Revenue $11,615

Investment Income $122,733

Other Revenue $2,834

TOTAL REVENUE $175,532

Expense Breakdown

Grants Paid $118,845

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $144,574

Other Expenses $38,296

TOTAL EXPENSES $157,141

Year-over-Year Comparison

	2024	2023	Change
Revenue	$175,532	$363,486	-0.5%
Expenses	$157,141	$160,114	0.0%
Net Income	$18,391	$203,372	-0.9%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WHITNEY PALESANO	EXECUTIVE DI	15.00	Officer Director	$0	$0	$0
R EUGENE EARSOM	PRESIDENT	7.00	Officer Director	$0	$0	$0
CHARLIE LARGENT	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
MARISSA MOORE	RECORDING SE	5.00	Officer Director	$0	$0	$0
CHRIS WILLARD	CORRESPONDIN	1.00	Officer Director	$0	$0	$0
NICOLE MCMONAGLE	TREASURER	1.00	Officer Director	$0	$0	$0
AUTUMN DALMAN	DIRECTOR	1.00	Director	$0	$0	$0
APRIL LAWRENCE	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER SHEPARD	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE SKINNER	DIRECTOR	1.00	Director	$0	$0	$0
RON SULLIVAN	DIRECTOR	1.00	Director	$0	$0	$0
BETH WEHLING	DIRECTOR	1.00	Director	$0	$0	$0
JANA WARE	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL MCCORMICK	DIRECTOR	1.00	Director	$0	$0	$0
JOHN BARRETT-ROBERTS	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$175,532	$157,141	$3,204,444	$18,391
2024	$363,486	$160,114	$3,008,848	$203,372
2023	$121,360	$252,024	$3,470,512	$-130,664
2022	$99,699	$144,022	$3,601,176	$-44,323
2021	$245,741	$108,928	$2,756,350	$136,813
2020	$245,242	$143,945	$2,468,979	$101,297

UNIVERSITY OF SCIENCE AND ARTS OF OKLAHOMA ALUMNI ASSOCIATION INC