NEVADA FACULTY ALLIANCE

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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

1983

Legal Domicile

Phone

7025304632

Tax Period

2022-07-01 to 2023-06-30

NEVADA FACULTY ALLIANCE, founded in 1983, is a small nonprofit that reported $203K in total revenue in fiscal year 2022. Revenue decreased 18% compared to the prior year. Expenses of $187K left a modest 8% surplus.

Mission

WORK FOR THE WELFARE AND ADVANCEMENT OF THE POST SECONDARY PUBLIC EDUCATION WITHIN THE STATE OF NEVADA AND THE IMPROVEMENT OF INSTRUCTIONAL OPPORTUNITIES FOR STUDENTS WHO SEEK POST-SECONDARY PUBLIC EDUCATION, INCLUDING GRADUATE AND PROFESSIONAL TRAINING

Program Service Accomplishments

Program 1

Expenses: $128,077 Revenue: $8,013

WORK THROUGH LOBBYING, COLLECTIVE BARGAINING AND IN OTHER WAYS:1. TO OBTAIN EXPLICIT GUARANTEES OF ACADEMIC FREEDOM AND TENURE AS EXEMPLIFIED BY THE AAUP 1940 STATEMENT OF PRINCIPLES OF ACADEMIC...

WORK THROUGH LOBBYING, COLLECTIVE BARGAINING AND IN OTHER WAYS:1. TO OBTAIN EXPLICIT GUARANTEES OF ACADEMIC FREEDOM AND TENURE AS EXEMPLIFIED BY THE AAUP 1940 STATEMENT OF PRINCIPLES OF ACADEMIC FREEDOM AND TENURE, THE 1958 STATEMENT OF PROCEDURAL STANDARDS ON FACULTY DISMISSAL PROCEEDINGS, AND THE 1971 PROCEDURAL STANDARDS ON THE RENEWAL AND NONRENEWAL OF FACULTY APPOINTMENTS, THE 1966 STATEMENT ON GOVERNMENT OF COLLEGES AND UNIVERSITIES, THE 1974 STATEMENT, AS REVISED IN 1981, ON FACULTY PARTICIPATION IN THE SELECTION, EVALUATION AND RETENTION OF ADMINISTRATORS, AND OTHER RELEVANT AAUP DOCUMENTS.2. TO INSURE THE VITAL PARTICIPATION OF FACULTY IN ESTABLISHING CURRICULA AND MAINTAINING PROPER PROFESSIONAL AND EDUCATIONAL STANDARDS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $194,907

Program Service Revenue $0

Investment Income $8,013

Other Revenue $0

TOTAL REVENUE $202,920

Expense Breakdown

Grants Paid $112,031

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $128,077

Other Expenses $75,088

TOTAL EXPENSES $187,119

Year-over-Year Comparison

	2022	2021	Change
Revenue	$202,920	$246,181	-0.2%
Expenses	$187,119	$107,742	+0.7%
Net Income	$15,801	$138,439	-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

N/A

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
CHERYL CARDOZA	TREASURER	1.00	Officer	$0	$0	$0
JIM NEW	PRESIDENT	1.00	Officer	$0	$0	$0
JOE RAY	SECRETARY	1.00	Officer	$0	$0	$0
SHANTAL MARSHALL	VICE PRESIDENT	1.00	Officer	$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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$202,920	$187,119	$556,134	$15,801
2022	$246,181	$107,742	$518,305	$138,439
2021	$200,939	$172,684	$541,393	$28,255
2019	$208,497	$186,265	$351,349	$22,232