Darden Student Association
- Assets
- $271.8k
- Revenue
- $271.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Charlottesvle, VA
- Founding
- 11/2009
- Data as of
- 06/2022
- EIN
- 54-1260281
Organization Overview
Darden Student Association is located in Charlottesvle, VA. The organization was established in 2009. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & 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. Darden Student Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2022, Darden Student Association generated $271.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $235.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 6 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 DARDEN STUDENT ASSOCIATION IS A STUDENT-LED ORGANIZATION MADE UP OF VOLUNTEERS WHO SERVE THE NEEDS AND INTEREST OF THE STUDENT BODY AT THE DARDEN SCHOOL OF BUSINESS AT THE UNIVERSITY OF VIRGINIA. PRIMARY ACTIVITIES INCLUDE FACILITATING EVENTS AND INITIATIVES TO SUPPORT THE STUDENT EXPERIENCE
Describe the Organization's Program Activity:
Part 3 - Line 4a
A SIGNIFICANT AMOUNT OF OUR EXPENSES ARE USED FOR ACTIVITIES EVENTS MEETINGS USED TO BRING TOGETHER THE STUDENTS AT DARDEN TO HELP FACILITATE STUDENTS TO GET TO KNOW EACH OTHER AND FORGE BONDS THAT ARE ESSENTIAL AS PART OF THE STUDENT EXPERIENCE AT THE DARDENSCHOOL OF BUSINESS AT THE UNIVERSITY OF VIRGINIA.
THE DSA HELPS FUND SOME OF THE EXPENSES THAT GO INTO RUNNING DARDEN'S GRADUATION EXERCISES HELD EVERY MAY OF THE SCHOOL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelcie Schofield VP Of Social | Officer | 10 | $0 |
Valentina Rizao VP Of Social | Officer | 10 | $0 |
Sree Kalyan Peruri VP Of Communications | Officer | 5 | $0 |
Bianca Eyales VP Of International Student Affairs | Officer | 3 | $0 |
Mark Kington VP Of Honor | Officer | 5 | $0 |
Manishi Parekh VP Of Finance | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $191,705 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $80,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $271,705 |
| 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 | $271,705 |
| 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. | $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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $235,220 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $211,306 |
| 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 | $60,504 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $271,810 |
| 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 | $271,810 |
| 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 | $271,810 |
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