Georgetown University Alumni Association Inc
- Assets
- $7.3m
- Revenue
- $765.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 07/1980
- Data as of
- 06/2021
- EIN
- 52-1170825
Organization Overview
Georgetown University Alumni Association Inc is located in Washington, DC. The organization was established in 1980. 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 a parent organization of an affiliated group for tax-exemption purposes. Georgetown 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 06/2021, Georgetown University Alumni Association Inc generated $765.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $345.1k during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE GEORGETOWN UNIVERSITY ALUMNI ASSOCIATION IS TO GENERATE GOODWILL AND SUPPORT FOR THE UNIVERSITY AND TO FOSTER A LIFELONG CONNECTION AMONG ALUMNI, OUR ALMA MATER AND THE GLOBAL GEORGETOWN COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GEORGETOWN UNIVERSITY ALUMNI ASSOCIATION (GUAA) STRATEGIC PLAN HAS THE FOLLOWING FIVE PRIORITIES: 1) TO CREATE A MORE INCLUSIVE AND CONNECTED COMMUNITY, FOSTERING JUSTICE AND EQUALITY IN PROGRAMMING, EDUCATIONAL, EMPLOYMENT AND CONTRACTING OPPORTUNITIES AND LEADING EFFORTS TO CREATE AN INCLUSIVE ACADEMIC AND WORK ENVIRONMENT; 2) INSPIRE LOYALTY AND SUPPORT BY FORGING ADDITIONAL CONNECTIONS BETWEEN ALUMNI AND ALMA MATER. STRENGTHEN GEORGETOWN'S GLOBAL BRAND, MISSION AND GOALS BY ENGAGING ALUMNI IN MEANINGFUL ACTIVITIES AND PROGRAMS; BROADENING AND DEEPENING VOLUNTEER OPPORTUNITIES; AND ENHANCING COMMUNICATION AMONG THE GEORGETOWN ALUMNI COMMUNITY; 3) INCREASE AND DIVERSIFY COMMUNICATIONS STRATEGIES, CHANNELS AND CONTENT TO REACH NEW AUDIENCES, DEEPEN ALUMNI ENGAGEMENT AND ADVANCE THE GLOBAL MISSION OF GEORGETOWN; 4) TO CREATE A BOARD-WIDE CULTURE OF MEASUREMENT AND ACCOUNTABILITY AND DEVELOP A FRAMEWORK FOR MEASURING AND COMMUNICATING DATA; 5) COLLECTIVELY AND INDIVIDUALLY, SUPPORT GUAA IN ACHIEVING/REALIZING BEST PRACTICES FOR BOARD AND ASSOCIATION MANAGEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank A Ciatto President | OfficerTrustee | 5 | $0 |
Julia Farr Executive Director | OfficerTrustee | 40 | $0 |
Kelly Mangan President Elect | OfficerTrustee | 2 | $0 |
Michael C Yaeger Treasurer | OfficerTrustee | 2 | $0 |
Patrick J Grant Parliamentarian | OfficerTrustee | 5 | $0 |
Richard M Hluchan Past President | OfficerTrustee | 2 | $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 | $141,957 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $220,680 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $399,509 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $765,719 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $82,599 |
| 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 | $58,929 |
| Fees for services: Accounting | $23,098 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $37,527 |
| Fees for services: Other | $0 |
| Advertising and promotion | $52,979 |
| Office expenses | $9,028 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,006 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,045 |
| Interest | $1,629 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $28,888 |
| Insurance | $0 |
| All other expenses | $2,040 |
| Total functional expenses | $345,077 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,436,601 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $25,553 |
| 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 | $12,644 |
| Net Land, buildings, and equipment | $424,983 |
| Investments—publicly traded securities | $357,743 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,257,524 |
| Accounts payable and accrued expenses | $12,322 |
| Grants payable | $0 |
| Deferred revenue | $216,800 |
| 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 | $249,382 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $50 |
| Total liabilities | $478,554 |
| Net assets without donor restrictions | $6,778,970 |
| Net assets with donor restrictions | $0 |
| 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 | $7,257,524 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Georgetown University Alumni Association Inc has recieved totaling $46,900.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $46,900 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Virginia Alumni Association Charlottesville, VA | $556,619,387 | $55,406,167 |
United States Naval Academy Alumni Assoc Annapolis, MD | $136,310,345 | $26,897,412 |
University Of Maryland Alumni Association Inc College Park, MD | $12,691,064 | $3,266,987 |
Medical College Of Va Alumni Assoc Of Virginia Commonwealth Univ Richmond, VA | $0 | $190,238 |
Virginia Commonwealth Universi ALUMNI Richmond, VA | $0 | $210,514 |
V M I Alumni Association Lexington, VA | $3,901,860 | $1,387,698 |
The William & Mary Alumni Association Williamsburg, VA | $17,614,016 | $1,967,274 |
Medical Alumni Association Of The University Of Maryland Inc Baltimore, MD | $3,956,640 | $1,660,288 |
The Alumni Corporation Of Alpha Omicron Delta Of Chi Psi Lexington, VA | $3,674,754 | $708,098 |
Howard University Medical Alumni Association Inc Silver Spring, MD | $6,250,169 | $644,575 |
German Club Alumni Foundation Incorporated Blacksburg, VA | $7,821,066 | $515,106 |
Friends Of The Queens University Of Belfast Inc Washington, DC | $95,322 | $435,532 |