Waterloo Alumni Association Incorporated
- Assets
- $34.4k
- Revenue
- $10.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Waterloo, AL
- Founding
- 09/2014
- Data as of
- 12/2021
- EIN
- 13-4238531
Organization Overview
Waterloo Alumni Association Incorporated is located in Waterloo, AL. The organization was established in 2014. 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. Waterloo Alumni Association Incorporated 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 12/2021, Waterloo Alumni Association Incorporated generated $10.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $10.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.7%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sylvia Orrick President | 4 | $0 | |
Timothy Mcfall Vice-President | 2 | $0 | |
Teresa Lowe Treasurer | 2 | $0 | |
Melony Carter Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,575 |
| Interest on Savings | $47 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $525 |
| Total Revenue | $10,147 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $100 |
| Contributions, gifts, grants paid | $10,561 |
| Total expenses and disbursements | $10,661 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,690 |
| Savings and temporary cash investments | $15,215 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,500 |
| Total assets | $34,405 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Waterloo Alumni Association Incorporated has awarded $17,601 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
VALERIA PERALTA NWSCC PURPOSE: SCHOLARSHIP | $3,500 |
MORGAN SCOTT MS STATE PURPOSE: SCHOLARSHIP | $2,000 |
MORGAN SCOTT MS STATE PURPOSE: SCHOLARSHIP | $2,000 |
RYAN MCCAIN WALLACE ST PURPOSE: SCHOLARSHIP | $2,000 |
TORRI MCFALL NWSCC PURPOSE: SCHOLARSHIP | $1,540 |
JESSICA GODWIN NWSCC PURPOSE: SCHOLARSHIP | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Tech Alumni Association Inc Atlanta, GA | $3,190,672 | $7,936,222 |
University Of Alabama Alumni Assoc Alumni Hall Tuscaloosa, AL | $63,747,922 | $7,156,369 |
University Of Florida Alumni Association Inc Gainesville, FL | $0 | $2,776,539 |
Alumni Association Of The University Of Mississippi Oxford, MS | $10,836,240 | $2,076,893 |
University Of South Florida Alumni Association Inc Tampa, FL | $10,823,849 | $2,834,575 |
Florida State University Alumni Association Tallahassee, FL | $5,180,580 | $3,503,983 |
Mississippi State University Alumni Inc Mississippi State, MS | $2,835,779 | $1,848,662 |
Itba Alumni Foundation Inc Miami, FL | $3,754 | $1,559,691 |
University Of Southern Mississippi Alumni Association Hattiesburg, MS | $2,761,088 | $617,105 |
The Florida A & M University National Alumni Association Inc Tallahassee, FL | $2,980,396 | $1,234,088 |
Alpha Tau Omega-Gamma Rho Housing Corporation Franklin, TN | $613,479 | $784,389 |
Georgia State University Alumni Association Inc Atlanta, GA | $2,108,070 | $718,329 |