Parma Senior High School Alumni Association is located in Parma, OH. The organization was established in 1975. 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. Parma Senior High School 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 06/2019, Parma Senior High School Alumni Association generated $28.0k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $16.4k during the year ending 06/2019. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 5 years. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION, SCHOLARSHIPS & TUITION GOALS SUPPORT HIGH SCHOOL ACTIVITIES, PROVIDE INFORMATIONM TO ALUMNI REGARDING ACTIVITIES AT HIGN SCHOOL REUNIONS; PROVIDE A DIRECTORY, NEWSLETTER AND A WEBSITE, AND PROVIDE ASSISTANCE IN ORGANIZINBG CLASS REUNIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARMA SENIOR HIGH SCHOOL SUPPORT AND PUBLIC RELATIONS:STUDENT SCHOLARSHIPS $ 13,050.TEACHER GRANTS $ 0.TOTAL SCHOLARSHIPS & GRANTS (PART I, LN 13) $ 13,050.AWARD DINNERS $ 150.DONATIONS TOWARD PUBLICATIONS & ACTIITIES $ 0.SCHOOL SOCIAL EVENTS $ 0.PUBLIC RELATIONS - MISC. $ 116.TOTAL OTHER SUPPORT ACTIVITIES (PART IX, LN 24A) $ 266.TOTAL SUPPORT ACTIVITIES .............................. $ 13,315.
PUBLIC RELATIONS EXPENSES:NEWSLETTERS TO ALUMNI $ 0.MEMBERSHIPS IN COMMUNITY ORGANIZATIONS 398.PUBLIC RELATION, MISC. 0.TOTALS(PART IX, LN 24C) ....................... $ 398.
OTHER SUPPORT EXPENSES:WEB SUPPORT SERVICES $ 0.TOTAL OTHER SUPPORT EXPENSES .......................... $ 0.
ALUMNI/SCHOOL HALL OF FAME AND RELATED EXPENSES:ALUMNI RECEPTION $ 0.ALUMNI COURTYARD & HOSTORICAL MARKER EXPENSES 0.HALL OF FAME EXPENSES 0.TOTALS(PART IX, LN 24B) ........................ $ 0.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $14,696 |
Investment income | $7,381 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $4,574 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $803 |
Miscellaneous Revenue | $0 |
Total Revenue | $28,004 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $13,050 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $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 | $1,050 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $451 |
Information technology | $487 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $721 |
All other expenses | $0 |
Total functional expenses | $16,423 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $48,192 |
Savings and temporary cash investments | $31,171 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $235,431 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $314,894 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Net assets without donor restrictions | $285,108 |
Net assets with donor restrictions | $29,786 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $314,894 |
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