Parma Senior High School Alumni Association
- Assets
- $314.9k
- Revenue
- $28.0k
- Investments
- $235.4k
- Employees
- 0
- Location
- Parma, OH
- Founding
- 06/1975
- Data as of
- 06/2019
- EIN
- 23-7318245
Organization Overview
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 4 years, revenues have fallen by an average of (1.1%) 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 (6.6%) per year over the past 4 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.
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.
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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,228 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,468 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,696 |
| Total Program Service Revenue | $0 |
| 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 organizations and domestic governments. | $0 |
| 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 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 |
| Net Land, buildings, and equipment | $100 |
| 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 |
| Unrestricted restricted net Assets | $285,108 |
| Temporarily restricted net Assets | $29,786 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $314,894 |