Ball State University Alumni Association Inc
- Assets
- $1.5m
- Revenue
- $650.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Muncie, IN
- Founding
- 04/2011
- Data as of
- 06/2023
- EIN
- 27-0458828
Organization Overview
Ball State University Alumni Association Inc is located in Muncie, IN. The organization was established in 2011. 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. Ball State University Alumni Association 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 06/2023, Ball State University Alumni Association Inc generated $650.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $489.9k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
BALL STATE UNIVERSITY ALUMNI ASSOCIATION, INC. AIMS TO BE AN ADVOCATE FOR ALUMNI, TO ENRICH THEIR LIVES, AND INVOLVE THEM WITH BALL STATE UNIVERSITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION AWARDS ANNUAL SCHOLARSHIPS TO VARIOUS UNDERGRADUATE GROUPS IN RECOGNITION OF THEIR PARTICIPATION IN ALUMNI RELATED ACTIVITIES, INCLUDING INVOLVEMENT IN CARDINAL CORPS., HOMECOMING ORGANIZATION PARTICIPATION AND OTHER STUDENT-ALUMNI RELATED ACTIVITIES. SCHOLARSHIPS ARE ALSO PROVIDED FOR CHILDREN AND GRANDCHILDREN OF ALUMNI AND FOR GRADUATE AND DOCTORATE STUDENTS BASED ON ACADEMIC ACHIEVEMENT. ITS MISSION IN AWARDING THESE SCHOLARSHIPS IS TO FOSTER ONGOING PARTICIPATION IN ACTIVITIES OF THE UNIVERSITY.
OTHER PROGRAM SERVICES INCLUDE PROGRAM SUCH AS ALUMNI COUNCIL, ALUMNI AWARDS, CONSTITUENT PROGRAMS, PHOTO ID PROGRAM, CAPTAL CAMPAIGN DONATION, AND OTHER PROGRAMS DESIGNED TO ENGAGE ALUMNI AND PROMOTE LOYALTY TO THE UNIVERSITY.
THE MISSION OF HOMECOMING WEEK AND ACTIVITIES IS TO BRING ALUMNI BACK TO CAMPUS, PROVIDE ALUMNI WITH ACTIVITIES TO RECONNECT THEM WITH EACH OTHER AND WITH THE UNICERSITY AND INVOLVE ALUMNI WITH THE UNIVERSITY.
REGIONAL ALUMNI EVENTS SEEK TO PROVIDE OPPORTUNITIES FOR ALUMNI TO RECONNECT WITH EACH OTHER AND WITH THE UNIVERSITY, TO INVOLVE ALUMNI WITH THE UNIVERSITY, AND TO ENRICH THE LIVES OF ALUMNI.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Earley Chair | OfficerTrustee | 1 | $0 |
Laura Cain Vice Chair | OfficerTrustee | 1 | $0 |
Kelli Lawrence Past Chair | OfficerTrustee | 1 | $0 |
Stephon Jones Secretary | OfficerTrustee | 1 | $0 |
Nick Zuniga Treasurer | OfficerTrustee | 1 | $0 |
Brian Gallagher Bsu Board Of Trustee Rep | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $39,390 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $299,725 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $339,115 |
| Total Program Service Revenue | $86,382 |
| Investment income | $21,439 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $650,327 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $242,559 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $7,583 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,922 |
| Office expenses | $44,779 |
| Information technology | $7,759 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,833 |
| 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 | $2,037 |
| All other expenses | $20,658 |
| Total functional expenses | $489,881 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $72,674 |
| Savings and temporary cash investments | $1,301,080 |
| 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 | $9,495 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $91,038 |
| Total assets | $1,474,287 |
| Accounts payable and accrued expenses | $887 |
| Grants payable | $0 |
| Deferred revenue | $61,995 |
| 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 | $91,038 |
| Total liabilities | $153,920 |
| Net assets without donor restrictions | $649,190 |
| Net assets with donor restrictions | $671,177 |
| 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 | $1,474,287 |