Branford Alumni Committee Class Of 1972
- Assets
- $69.1k
- Revenue
- $12.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Wilson, NC
- Founding
- 09/2014
- Data as of
- 12/2023
- EIN
- 46-5268942
Organization Overview
Branford Alumni Committee Class Of 1972, operating under the name Branford Alumni Committee Class of 1972, is located in Wilson, NC. 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. Branford Alumni Committee Class of 1972 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, Branford Alumni Committee Class of 1972 generated $12.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (13.8%) each year. All expenses for the organization totaled $15.0k during the year ending 12/2023. 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
PROVIDE EDUCATIONAL SCHOLARSHIPS FOR LOW INCOME HIGH SCHOOL STUDENTS IN WILSON COUNTY AND DONATIONS TO LOCAL HOMELESS MEN SHELTERS AND BATTERED WOMEN SHELTERS, FOOD BANKS AND FEEDING CENTERS WHILE HONORING OUR FALLEN CLASSMATES THROUGH A PUBLIC MEMORIAL SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATIONS HOLD A BANQUET AND RAISE FUNDS AND GIVE STUDENTS SCHOLARSHIPS TO ATTEND THE COLLEGE OF THEIR CHOICE ANNUALLY. EIGHT STUDENTS WERE GIVEN SCHOLARSHIPS TO ATTEND THE SCHOOL OF THEIR CHOICE DURING 2023.
SEMI-ANNUAL MEMORIAL SERVICE HONORING FALLEN CLASSMATES WHICH INCLUDES A PRAYER SERVICE & VIGIL, SPEAKER AND OPEN DISCUSSION OF THEIR ACCOMPLISHMENTS DURING THEIR LIFETIME FOR THE NEXT GENERATION TO HEAR ABOUT AND BENEFIT FROM. WHEN CLASSMATES "FALL" WE PAY HOMAGE BY SENDING THEIR FAMILIES REEFS, FLOWERS AND FOOD. THERE WERE TWO CLASSMATES THAT LEFT US IN 2023.
DIDN'T HOLD ANY MAJOR FUNDRAISING EVENTS DUE TO COVID-19
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 |
|---|---|---|---|
Samuel Ray Farmer President | Officer | 10 | $0 |
Gail Murrain Vice President | Officer | 4 | $0 |
Eddie Honey Treasurer | Officer | 2 | $0 |
Alice Shedrick Secretary | Officer | 2 | $0 |
Nadine Yelverton Assistant Secretary | Officer | 1 | $0 |
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 | $12,076 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,076 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $12,076 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $14,706 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $110 |
| Advertising and promotion | $0 |
| Office expenses | $176 |
| Information technology | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $14,992 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,091 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $69,091 |
| 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 | $17,660 |
| Net assets with donor restrictions | $51,431 |
| 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 | $69,091 |