Fayette Schools Alumni Association
- Assets
- $248.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Somerville, TN
- Founding
- 03/2003
- Data as of
- 06/2023
- EIN
- 02-0550828
Organization Overview
Fayette Schools Alumni Association is located in Somerville, TN. The organization was established in 2003. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fayette Schools Alumni Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Fayette Schools Alumni Association generated $85.8k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $24.0k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
COMMITTED $24000 TO LAST YEAR'S STUDENTS FOR CONTINUED EDUCATION
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monroe Woods President | 17 | $0 | |
Herbert Grimes Treasurer | 13 | $0 | |
Emma Bryant Secretary | 13 | $0 | |
Wanda Keath Scholarship Chair | 8 | $0 | |
Retta Wilson Membership Chair | 12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $74,841 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,030 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,890 |
| Other Revenue | $0 |
| Total Revenue | $85,761 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $991 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $350 |
| Other expenses | $2,662 |
| Total expenses | $24,003 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $247,966 |
| Other assets | $0 |
| Total assets | $247,966 |
| Total liabilities | $0 |
| Net assets or fund balances | $247,966 |