University Of Md Alumni Assoc Internatl Inc
- Assets
- $5.9m
- Revenue
- $583.4k
- Investments
- $5.9m
- Employees
- 0
- Location
- College Park, MD
- Founding
- 03/1981
- Data as of
- 06/2022
- EIN
- 52-1141540
Organization Overview
University Of Md Alumni Assoc Internatl Inc is located in College Park, MD. The organization was established in 1981. 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. University Of MD Alumni Assoc Internatl 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 06/2022, University Of MD Alumni Assoc Internatl Inc generated $583.4k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 18.3% each year . All expenses for the organization totaled $258.9k during the year ending 06/2022. While expenses have increased by 6.8% per year over the past 3 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 2020, University Of MD Alumni Assoc Internatl Inc has awarded 35 individual grants totaling $426,500. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
1) PROVIDES GRANTS TO UNIVERSITY SYSTEM OF MARYLAND ALUMNI ASSOCIATIONS; AND 2) SCHOLARSHIPS TO UNIVERSITY SYSTEM OF MARYLAND STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTED AND PROMOTED THE UNIVERSITY SYSTEM OF MARYLAND INSTITUTIONS BY AWARDING SCHOLARSHIPS TO STUDENTS AND GRANTS TO ALUMNI ASSOCIATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Donahue President/member | OfficerTrustee | 3 | $0 |
Candance Hall Member | Trustee | 1 | $0 |
David Flinchbaugh Member | Trustee | 1 | $0 |
Weyden Wedderburn Member | Trustee | 1 | $0 |
Charles Gregg Member | Trustee | 1 | $0 |
Estelle M Martin Vice President/member | OfficerTrustee | 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $103,073 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $480,346 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $583,419 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $154,000 |
| 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 | $33,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $60,095 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,653 |
| 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 | $2,883 |
| All other expenses | $0 |
| Total functional expenses | $258,931 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,465 |
| Savings and temporary cash investments | $15,871 |
| 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 | $5,893,175 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,912,511 |
| Accounts payable and accrued expenses | $31,140 |
| 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 | $31,140 |
| Net assets without donor restrictions | $271,642 |
| Net assets with donor restrictions | $5,609,729 |
| 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 | $5,912,511 |
Grants Awarded
Over the last fiscal year, University Of Md Alumni Assoc Internatl Inc has awarded $154,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
BOWIE STATE UNIVERSITY PURPOSE: GRANTS TO ALUMNI ASSOCIATIONS AND SCHOLARSHIPS TO STUDENTS. | $14,000 |
COPPIN STATE UNIVERSITY PURPOSE: GRANTS TO ALUMNI ASSOCIATIONS AND SCHOLARSHIPS TO STUDENTS. | $14,000 |
FROSTBURG STATE UNIVERSITY PURPOSE: GRANTS TO ALUMNI ASSOCIATIONS AND SCHOLARSHIPS TO STUDENTS. | $14,000 |
SALISBURY STATE UNIVERSITY PURPOSE: GRANTS TO ALUMNI ASSOCIATIONS AND SCHOLARSHIPS TO STUDENTS. | $14,000 |
UNIVERSITY OF BALTIMORE PURPOSE: GRANTS TO ALUMNI ASSOCIATIONS AND SCHOLARSHIPS TO STUDENTS. | $14,000 |
TOWSON UNIVERSITY PURPOSE: GRANTS TO ALUMNI ASSOCIATIONS AND SCHOLARSHIPS TO STUDENTS. | $14,000 |