Association Of Graduates Of The United States Military Academy
- Assets
- $718.6m
- Revenue
- $89.5m
- Investments
- $145.8m
- Employees
- 213
- Location
- West Point, NY
- Founding
- 12/1948
- Data as of
- 12/2023
- EIN
- 14-1260763
Organization Overview
Association Of Graduates Of The United States Military Academy, operating under the name West Point Assoc Of Graduates, is located in West Point, NY. The organization was established in 1948. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, West Point Assoc Of Graduates employed 213 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Point Assoc Of Graduates 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 12/2023, West Point Assoc Of Graduates generated $89.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $53.2m during the year ending 12/2023. While expenses have increased by 4.1% per year over the past 8 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.
Since 2014, West Point Assoc Of Graduates has awarded 149 individual grants totaling $307,292,069. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
FURTHERING THE IDEALS AND WELFARE OF THE USMA AND SUPPORTING AND SERVING ITS GRADUATES.
Describe the Organization's Program Activity:
EDUCATIONAL PROGRAMS AND FACILITIES: THE ASSOCIATION OF GRADUATES SERVES AS THE FOUNDATION WHICH SECURES PHILANTHROPIC SUPPORT FROM INDIVIDUALS, FOUNDATIONS AND CORPORATIONS TO PROVIDE ADDITIONAL FUNDING SUPPORT TO THE U.S. MILITARY ACADEMY AT WEST POINT ("USMA") AND THE ARMY WEST POINT ATHLETIC ASSOCIATION BASED ON THE NEEDS ESTABLISHED BY USMA SUPERINTENDENT. INCLUDED IN THIS SUPPORT IS FUNDING FOR THE CONSTRUCTION OF FACILITIES AND ENHANCEMENTS TO SUPPORT USMA, A NATIONAL HISTORIC LANDMARK. THESE FUNDS ARE ALSO DIRECTED TOWARDS ACADEMIC PROGRAMS THAT ENRICH THE CADET EXPERIENCE WITH AN ARRAY OF DIVERSE OPPORTUNITIES TO AUGMENT THE CORE CURRICULUM. OVERALL FUNDING, PROVIDED FROM PRIVATE SOURCES, HELPS TO SECURE USMA'S POSITION AS ONE OF THE PREEMINENT COLLEGES IN THE COUNTRY. IN ADDITION, THE ASSOCIATION OF GRADUATES IS THE ALUMNI ASSOCIATION FOR WEST POINT GRADUATES, KNOWN THROUGHOUT HISTORY AS THE "LONG GRAY LINE."
ALUMNI SERVICES: THE ASSOCIATION OF GRADUATES IS THE ALUMNI ASSOCIATION FOR THE UNITED STATES MILITARY ACADEMY AT WEST POINT WHOSE GRADUATES ARE KNOWN THROUGHOUT HISTORY AS THE "LONG GRAY LINE." THE ASSOCIATION PROVIDES VARIOUS PROGRAMS, ACTIVITIES, AND SERVICES TO HELP GRADUATES STAY CONNECTED TO EACH OTHER AND THE UNITED STATES MILITARY ACADEMY (USMA). THESE INCLUDE SUPPORT TO OVER 80 GRADUATE CLASSES AND OVER 120 WEST POINT SOCIETIES LOCATED AROUND THE WORLD. AMONG THE SERVICES ARE THE PROVISION OF SOFTWARE PLATFORMS TO SUPPORT THE OPERATIONS OF CLASSES AND SOCIETIES, MEMORIAL SUPPORT FOR FUNERALS AT WEST POINT, GRADUATE EVENTS AND REUNIONS, 50-YEAR CLASS AFFILIATION EVENTS, PROGRAMS TO WELCOME GRADUATES VISITING WEST POINT, GRADUATE INSIDER TOURS AND TRAVEL PROGRAMS, SMART PHONE APPLICATIONS TO FACILITATE GRADUATE CONNECTIONS, CAREER AND TRANSITION SERVICES AND SUICIDE PREVENTION AWARENESS. THE ASSOCIATION ALSO MAINTAINS DETAILED BIOGRAPHICAL AND HISTORICAL RECORDS ON GRADUATES OF USMA, AND IT OPERATES A GIFT SHOP.
COMMUNICATIONS: DISSEMINATES INFORMATION ON THE CURRENT AND HISTORICAL ACTIVITIES, OBJECTIVES, AND METHODS OF THE UNITED STATES MILITARY ACADEMY TO GRADUATES AND OTHERS THROUGH VARIOUS PUBLICATIONS AND MEDIA TO ENHANCE THE IMAGE OF THE UNITED STATES MILITARY ACADEMY. THIS INCLUDES THE PUBLICATION OF "TAPS", AND THE ASSOCIATION'S QUARTERLY "WEST POINT MAGAZINE" PROVIDED TO OVER 55,000 GRADUATES FREE OF CHARGE, OVER 2,700 SOCIAL MEDIA UPDATES REACHING 96,000 INDIVIDUALS AS WELL AS REGULAR COMMUNICATIONS BY EMAIL.
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 |
|---|---|---|---|
Robert A Mcdonald Chairman | OfficerTrustee | 12 | $0 |
Herman E Bulls Vice Chairman | OfficerTrustee | 12 | $0 |
Ronald L Johnson Director | Trustee | 7 | $0 |
Curtis Harris Director | Trustee | 7 | $0 |
Thomas E Ayres Director | Trustee | 7 | $0 |
Deirdre P Dixon Director | Trustee | 7 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Andron Construction Corp Contruction | 12/30/23 | $5,355,440 |
Ewing Cole Contruction | 12/30/23 | $1,574,489 |
Turner Construction Company Contruction | 12/30/23 | $722,363 |
Servpro Of W Dutchess County & Kingston Cleanup & Restoration | 12/30/23 | $307,768 |
Tectonic Engineering & Surveying Engineering | 12/30/23 | $525,432 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $83,347,747 |
| Noncash contributions included in lines 1a–1f | $10,862,425 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $83,347,747 |
| Total Program Service Revenue | $1,620,979 |
| Investment income | $8,974,840 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $715,385 |
| Net Rental Income | -$31,691 |
| Net Gain/Loss on Asset Sales | -$6,282,339 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,136,183 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $89,481,104 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $29,297,709 |
| Grants and other assistance to domestic individuals. | $799,434 |
| Grants and other assistance to Foreign Orgs/Individuals | $26,147 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,607,971 |
| Compensation of current officers, directors, key employees. | $646,097 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,597,051 |
| Pension plan accruals and contributions | $556,643 |
| Other employee benefits | $907,349 |
| Payroll taxes | $989,597 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $121,299 |
| Fees for services: Accounting | $76,033 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $565,717 |
| Fees for services: Other | $720,569 |
| Advertising and promotion | $39,074 |
| Office expenses | $2,014,229 |
| Information technology | $1,740,412 |
| Royalties | $0 |
| Occupancy | $85,233 |
| Travel | $228,513 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,462,722 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $608,645 |
| Insurance | $115,993 |
| All other expenses | $123,448 |
| Total functional expenses | $53,156,813 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,566,077 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $46,584,915 |
| Accounts receivable, net | $236,637 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $684,870 |
| Prepaid expenses and deferred charges | $77,025 |
| Net Land, buildings, and equipment | $6,952,494 |
| Investments—publicly traded securities | $467,778,601 |
| Investments—other securities | $145,834,021 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $41,852,647 |
| Total assets | $718,567,287 |
| Accounts payable and accrued expenses | $4,026,139 |
| Grants payable | $2,473,914 |
| Deferred revenue | $3,141,277 |
| 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 | $7,275,016 |
| Total liabilities | $16,916,346 |
| Net assets without donor restrictions | $71,614,859 |
| Net assets with donor restrictions | $630,036,082 |
| 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 | $718,567,287 |
Grants Awarded
Over the last fiscal year, Association Of Graduates Of The United States Military Academy has awarded $29,297,709 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
UNITED STATES MILITARY ACADEMY PURPOSE: CADET FACLITIES | $3,319,585 |
UNITED STATES MILITARY ACADEMY PURPOSE: CADET ACTIVITES | $10,515,254 |
UNITED STATES MILITARY ACADEMY PURPOSE: USMA MISC | $126,791 |
UNITED STATES MILITARY ACADEMY PURPOSE: CADET EDUCATION | $7,377,865 |
UNITED STATES MILITARY ACADEMY PURPOSE: MEMORIAL PROJECTS | $546,073 |
UNITED STATES MILITARY ACADEMY PURPOSE: CADET EDUCATION | $194,966 |