EUROPEAN STUDIES ASSOCIATION

🔒

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

Tom Blair

Phone

4153344222

Tax Period

2024-10-01 to 2025-09-30

EUROPEAN STUDIES ASSOCIATION, founded in 1978, is a small nonprofit in the International Affairs sector that reported $628K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $561K left a modest 11% surplus.

Mission

We offer cultural and linguistic study tours in Europe often with colleges in California.

Program Service Accomplishments

Program 1

Expenses: $500,549 Revenue: $555,964

Study program for 105 students and faculty in France for the month of July in conjunction with three Calif. colleges.

Program 2

Expenses: $60,343 Revenue: $56,343

Three week cultural tour of Ireland for ten participants and a faculty leader in May

Program 3

Expenses: $0 Revenue: $0

No third program

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $5,000

Program Service Revenue $612,913

Investment Income $9,891

Other Revenue $0

TOTAL REVENUE $627,804

Expense Breakdown

Grants Paid $1,000

Salaries & Benefits $77,575

Fundraising Expenses $0

Program Expenses $560,892

Other Expenses $482,317

TOTAL EXPENSES $560,892

Year-over-Year Comparison

	2024	2023	Change
Revenue	$627,804	$546,879	+0.1%
Expenses	$560,892	$554,868	+0.0%
Net Income	$66,912	$-7,989	-9.4%

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

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

$35,000

Total Directors

$77,000

Key Employees

$75,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tom Blair	Director	25.00	Officer Director Key Emp Highest	$35,000	$0	$35,000
Dr Terri Nelson	Assoc Director former	0.00	Director Key Emp Highest	$5,000	$0	$5,000
N/A	Board Member	10.00	Director	$2,000	$0	$2,000
Prof Jennifer Saito	Board Member	20.00	Director Key Emp	$35,000	$0	$35,000

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	$627,804	$560,892	$454,432	$66,912
2024	$546,879	$554,868	$375,817	$-7,989
2023	$502,219	$443,734	$344,175	$58,485
2022	$629,100	$616,663	$285,696	$12,437
2020	$328,444	$338,660	$273,288	$-10,216