Morgan State University Alumni Association Incorporated
- Assets
- $967.7k
- Revenue
- $150.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 07/2003
- Data as of
- 06/2022
- EIN
- 52-2333675
Organization Overview
Morgan State University Alumni Association Incorporated is located in Baltimore, MD. The organization was established in 2003. 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. Morgan State University Alumni Association Incorporated 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, Morgan State University Alumni Association Incorporated generated $150.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $118.4k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MORGAN STATE UNIVERSITY ALUMNI ASSOCIATION OF MORGAN STATE UNIVERSITY EXISTS TO ASSIST THE UNIVERSITY IN HER MISSION AS A HISTORICALLY BLACK URBAN UNIVERSITY THROUGH THE COLLECTIVE EFFORT OF THE NATIONAL NETWORK OF HER ALUMNI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MORGAN STATE UNIVERSITY ALUMNI ASSOCIATION WAS FORMED TO STRENGHTEN AND EXTEND RELATIONSHIPS AMONG THE ALUMI AND ADVANCE THE WELFARE AND INTEREST OF THE UNIVERSITY.THE ALUMNI ASSOCIATION SUPPORTED VARIOUS ENRICHING PROGRAMS AT THE UNIVERSITY, CONTRIBUTED TO THE UNIVERSITY SCHOLARSHIP PROGRAMS AND ALSO SPONSORED HOMECOMMING AND OTHER EVENTS ON THE CAMPUS OF THE UNIVERSITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Fletcher Jr Past President | OfficerTrustee | 15 | $0 |
Heidi Bruce Executive Director | Officer | 40 | $0 |
Todd Beazer Treasurer | Trustee | 10 | $0 |
Phillis Davis President | Trustee | 10 | $0 |
Joanne Mack 1st Vice President | Trustee | 10 | $0 |
Gaynelle Lewis- Fleming Secretary | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $126,395 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,244 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $133,639 |
| Total Program Service Revenue | $0 |
| Investment income | $15,129 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $105 |
| 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 | $150,678 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $4,250 |
| Compensation of current officers, directors, key employees. | $4,250 |
| 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 | $8,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $200 |
| Office expenses | $5,873 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,014 |
| 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 | $32,036 |
| Total functional expenses | $118,439 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $174,808 |
| Savings and temporary cash investments | $41,479 |
| Pledges and grants receivable | $203,440 |
| 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 | $547,960 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $967,687 |
| 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 | $967,687 |
| 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 | $967,687 |
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 |
Penn State Alumni Association University Park, PA | $100,014,631 | $13,658,978 |
University Of Maryland Alumni Association Inc College Park, MD | $12,691,064 | $3,266,987 |
West Virginia University Alumni Association Inc Morgantown, WV | $18,753,718 | $1,910,317 |
Medical College Of Va Alumni Assoc Of Virginia Commonwealth Univ Richmond, VA | $0 | $190,238 |
Thaddeus Stevens Foundation Lancaster, PA | $7,318,571 | $3,742,597 |
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 |
West Virginia University Alumni Association Loyalty Permanent Endo Morgantown, WV | $16,950,235 | $1,354,020 |