ASSOCIATED NURSING ALUMNI

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1978

Legal Domicile

Principal Officer

LISA DAVIDSON

Phone

2813429381

Tax Period

2022-01-01 to 2022-12-31

ASSOCIATED NURSING ALUMNI, founded in 1978, is a micro nonprofit that reported $53K in total revenue in fiscal year 2022. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $751K exceeded revenue, resulting in a 1319% operating deficit.

Mission

(A) TO ENCOURAGE CAREERS IN THE NURSING PROFESSION BY OFFERING SCHOLARSHIPS TO PERSONS PURSUING DEGREES IN NURSING, AND (B) TO CONTINUE FUNDING AN ENDOWMENT FOR THE RECENTLY ESTABLISHED SCHOOL OF NURSING AT THE UNIVERSITY OF ST. THOMAS

Program Service Accomplishments

Program 1

Expenses: $28,000

SCHOLARSHIPS AWARDED TO EIGHT NURSING STUDENTS IN ORDER TO SUPPORT AND PROMOTE SCIENTIFIC PURSUIT OF NURSING EDUCATION-ALL EIGHT RECIPIENTS ATTENDING THE UNIVERSITY OF ST. THOMAS (KYLE DACDAC...

SCHOLARSHIPS AWARDED TO EIGHT NURSING STUDENTS IN ORDER TO SUPPORT AND PROMOTE SCIENTIFIC PURSUIT OF NURSING EDUCATION-ALL EIGHT RECIPIENTS ATTENDING THE UNIVERSITY OF ST. THOMAS (KYLE DACDAC, CHRISTINA HOANG, YEN VI HOANG, KAILEE MANN, CLAUDIA MARTINEZ, ROHITH VERGHESE, TONIA VAXTER, AND LAKESHIA WILLIAMS)

Program 2

Expenses: $701,000

SUPPORT PROVIDED TO CARE-GIVING AND EDUCATIONAL ORGANIZATIONS, METHODIST HOSPITAL ($1,000) AND UNIVERSITY OF ST. THOMAS ($700,000)

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $8,022

Program Service Revenue $0

Investment Income $44,884

Other Revenue $0

TOTAL REVENUE $52,906

Expense Breakdown

Grants Paid $729,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $729,000

Other Expenses $21,695

TOTAL EXPENSES $750,695

Year-over-Year Comparison

	2022	2021	Change
Revenue	$52,906	$42,711	+0.2%
Expenses	$750,695	$28,188	+25.6%
Net Income	$-697,789	$14,523	-49.0%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
LISA DAVIDSON	PRESIDENT	2.00	Officer Director	$0	$0	$0
LYNETTE COOPER	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
JUDY ETZEL	SECRETARY	1.00	Officer Director	$0	$0	$0
DENISE HINES	TREASURER	1.00	Officer Director	$0	$0	$0
JOANN JACKOVICH	MEMBERSHIP COMM CHAIR	1.00	Director	$0	$0	$0
BETH PAPASAKELARIOU	NEWSLETTER COMM CHAIR	1.00	Director	$0	$0	$0
VERA KUHN	FINANCE COMM CHAIR	2.00	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
2022	$52,906	$750,695	No data	$-697,789
2021	$42,711	$28,188	$835,485	$14,523
2020	$17,822	$23,206	$769,324	$-5,384