Boise State University Alumni Asso… - Form 990 Financial Data

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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

1967

Legal Domicile

Principal Officer

Justin Jantz

Phone

2084261698

Tax Period

2024-07-01 to 2025-06-30

Boise State University Alumni Association Inc, founded in 1967, is a small nonprofit that reported $580K in total revenue in fiscal year 2024. Revenue surged 54% from the prior year, signaling strong growth momentum.

Mission

The Boise State Alumni Association connects, celebrates, and engages alumni and friends of the University to build lifelong relationships that support the future of our University.

Program Service Accomplishments

Program 1

Expenses: $553,014

The Association helped to sponsor a number of events during the fiscal year to assist in the development and advancement of Boise State 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 $579,647

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $579,647

Expense Breakdown

Grants Paid $149,850

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $553,014

Other Expenses $429,797

TOTAL EXPENSES $579,647

Year-over-Year Comparison

	2024	2023	Change
Revenue	$579,647	$376,327	+0.5%
Expenses	$579,647	$376,327	+0.5%
Net Income	$0	$0	N/A

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

$158,172

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Justin Jantz	President	5.00	Officer Director	$0	$0	$0
Galen Schuler	Vice President	1.00	Officer Director	$0	$0	$0
Brett Davis	Treasurer	1.00	Officer Director	$0	$0	$0
Jana Estes	Secretary	1.00	Officer Director	$0	$0	$0
Abbie Belthoff	Past President	5.00	Officer Director	$0	$0	$0
Hailie Johnson-Waskow	Director	1.00	Director	$0	$0	$0
Jim Hudson	Director	1.00	Director	$0	$0	$0
Nolan King	Director	1.00	Director	$0	$0	$0
Clayton Boeckel	Director (Until Apr 2025)	1.00	Director	$0	$0	$0
Miranda Cotton	Director	1.00	Director	$0	$0	$0
Nicole Criner	Director (Until May 2025)	1.00	Director	$0	$0	$0
Geo Engberson	Director (Until May 2025)	1.00	Director	$0	$0	$0
Patrick Fithen	Director	1.00	Director	$0	$0	$0
Michael Gillis	Director	1.00	Director	$0	$0	$0
Donny Hopoi	Director	1.00	Director	$0	$0	$0
Jim Kerns	Director (Until May 2025)	1.00	Director	$0	$0	$0
Heidi Peterson	Director	1.00	Director	$0	$0	$0
Bailey Reese	Director	1.00	Director	$0	$0	$0
Marc Rhoades	Director (Until May 2025)	1.00	Director	$0	$0	$0
Bryan Taylor	Director	1.00	Director	$0	$0	$0
Tamara Thompson	Director (Until May 2025)	1.00	Director	$0	$0	$0
Mary Toy	Director	1.00	Director	$0	$0	$0
Bryan Wewers	Director	1.00	Director	$0	$0	$0
Jonathan Wheatley	Director	1.00	Director	$0	$0	$0
Reid Wiggins	Director	1.00	Director	$0	$0	$0
Greg Williams	Director	1.00	Director	$0	$0	$0
Bernie Zimmerman	Director	1.00	Director	$0	$0	$0
Heather Hart Dunbar	Director (From May 2025)	1.00	Director	$0	$0	$0
Ben Fulcher	Director (From May 2025)	1.00	Director	$0	$0	$0
China Veldhouse Gum	Director (From May 2025)	1.00	Director	$0	$0	$0
Dawn Hall	Director (From May 2025)	1.00	Director	$0	$0	$0
Alfredo Hernandez	Director (From May 2025)	1.00	Director	$0	$0	$0
Lisa Gardner	Executive Director (Until Dec 2024)	40.00	Officer	$130,356	$27,816	$158,172

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	$579,647	$579,647	No data	No data
2024	No data	No data	No data	No data
2023	$449,971	$449,971	No data	No data
2022	$474,503	$474,503	No data	No data
2021	$208,369	$208,369	No data	No data
2020	$299,975	$299,975	No data	No data
2019	$385,577	$385,577	No data	No data
2018	$388,340	$388,340	No data	No data

Boise State University Alumni Association Inc