Kingston College Old Boys Assoc Usa Inc, operating under the name KCOBA USA Inc, is located in New Windsor, NY. The organization was established in 1994. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, 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. KCOBA USA Inc 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 05/2022, KCOBA USA Inc generated $251.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 29.5% each year . All expenses for the organization totaled $228.9k during the year ending 05/2022. While expenses have increased by 28.2% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE INTEREST OF KINGSTON COLLEGE KCAND PARTNER WITH OTHER ORGANIZATIONS ON INITIATIVES BENEFITING OUR LOCAL COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR FLAGSHIP SCHOLARSHIP PROGRAM AIMS TO PROVIDE GREATER ACCESS TO QUALITY SECONDARY AND TERITARY EDUCATION FOR DESERVING STUDENTS. OUR SELECTION PROCESS IS STRATEGIC AND AWARDS ARE BASED NOT SOLELY MERIT BUT ALSO INCLUDES CRITICAL NEED BASED COMPONENT. AS OF THE REPORTING PERIOD, THERE ARE OVER ONE HUNDRED AND FIFTY(150) STUDENTS RECEIVING SCHOLARSHIPS AWARDS.
KINGSTON COLLEGE SCIENCE LABS UPGRADE PROJECT WAS LAUNCHED TO UPGRADE THE SCIENCE BUILDING INFRASTRUCTURE AND REPLACE OUTDATED LAB EQUIPEMENTS AND MATERIALS.
WE SUPPORT VARIOUS SPORTING PROGRAMS AND INITIATIVES BENEFITING STUDENTS ATHLETES AT KINGSTON COLLEGE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
George Bell 1st Vice President | OfficerTrustee | 5 | $0 |
Courtney Richardson 2nd Vice President | OfficerTrustee | 7 | $0 |
Royland Gordon Treasurer | OfficerTrustee | 16 | $0 |
Winston Henry Secretary | OfficerTrustee | 8 | $0 |
Dwayne Montaque President | OfficerTrustee | 12 | $0 |
Barrington Burke-Green Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $7,925 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $221,008 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $228,933 |
Total Program Service Revenue | $0 |
Investment income | $46 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $13,700 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $8,929 |
Miscellaneous Revenue | $0 |
Total Revenue | $251,608 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $24,692 |
Grants and other assistance to domestic individuals. | $450 |
Grants and other assistance to Foreign Orgs/Individuals | $164,676 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $300 |
Office expenses | $13,932 |
Information technology | $1,671 |
Royalties | $0 |
Occupancy | $0 |
Travel | $10,349 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,216 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $228,890 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $129,007 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $19,012 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $16,089 |
Prepaid expenses and deferred charges | $2,239 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $12,602 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $178,949 |
Accounts payable and accrued expenses | $24,258 |
Grants payable | $0 |
Deferred revenue | $4,444 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $28,702 |
Net assets without donor restrictions | $67,230 |
Net assets with donor restrictions | $83,017 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $178,949 |
Over the last fiscal year, we have identified 3 grants that Kingston College Old Boys Assoc Usa Inc has recieved totaling $16,198.
Awarding Organization | Amount |
---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $21,798 |
Rockefeller Foundation New York, NY PURPOSE: IN SUPPORT OF RF DONATIONS TO CHARITABLE ORGANIZATIONS | $14,400 |
Chubb Charitable Foundation Philadelphia, PA PURPOSE: MATCHING GIFTS | -$20,000 |
Organization Name | Assets | Revenue |
---|---|---|
United States Coast Guard Academy Alumni Association Inc New London, CT | $53,324,091 | $18,444,264 |
Penn State Alumni Association University Park, PA | $100,014,631 | $13,658,978 |
Baseball Assistance Team Inc New York, NY | $16,328,027 | $4,707,517 |
United States Merchant Marine Academy Alumni Association And Fou Kings Point, NY | $55,826,934 | $8,053,233 |
Alumni Association Of New Jersey Institute Of Technology Paramus, NJ | $0 | $306,119 |
Alumni Of The Rabbinical College Knesseth Israel Of Slabodka Kowno Brooklyn, NY | $341,064 | $3,063,744 |
The Bronx High School Of Science Alumni Foundation Inc Bronx, NY | $31,172,697 | $12,367,161 |
Bernard M Baruch College Association Inc New York, NY | $9,740,278 | $4,039,630 |
Wellesley College Alumnae Association Wellesley, MA | $21,826,732 | $2,808,656 |
Yale Alumni Publications Inc New Haven, CT | $28,715 | $87,332 |
Seoul National University Foundation Inc Fort Lee, NJ | $6,845,557 | $3,716,699 |
Syracuse Health Science Center Medical Alumni Foundation Inc Syracuse, NY | $50,640,765 | $25,764,011 |