Morehouse College National Alumni Association
- Assets
- $591.9k
- Revenue
- $310.0k
- Investments
- $352.3k
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 01/1979
- Data as of
- 06/2021
- EIN
- 58-1400604
Organization Overview
Morehouse College National Alumni Association is located in Atlanta, GA. The organization was established in 1979. 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. Morehouse College National Alumni Association 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, Morehouse College National Alumni Association generated $310.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $210.2k 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 MOREHOUSE COLLEGE NATIONAL ALUMNI ASSOCIATION IS TO SUPPORT AND FURTHER THE IDEALS AND INTERESTS OF MOREHOUSE COLLEGE, VIA VARIED PROGRAMS BY REGIONAL AND LOCAL CHAPTERS THROUGHOUT THE WORLD UNDER THE DIRECTION OF THE NATIONAL HEADQUARTERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VARIOUS PROGRAMS
GAINED FINANCIAL SUPPORT FOR THE COLLEGE FROM THE ALUMNI BY SOLICITING SUPPORT FROM THE 17,500+ KNOWN GRADUATES THROUGH VARIOUS PROGRAMS.FACILITATED A SERIES OF PROFESSIONAL DEVELOPMENT SYMPOSIUMS THAT WERE BENEFICIAL TO BOTH MOREHOUSE AND SPELMAN STUDENTS AND ALUMNI.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Mcgee President | 20 | $0 | |
John Toliver Treasurer | 20 | $0 | |
Thomas Scott Financial Secretary | 20 | $0 | |
Brandon Banks Vice President At Large | 20 | $0 | |
Jim Henry Secretary | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $303,748 |
| Investment income | $6,239 |
| 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 | $309,987 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $86,050 |
| 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 | $6,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $84,543 |
| Advertising and promotion | $2,475 |
| Office expenses | $7,345 |
| Information technology | $11,928 |
| 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 | $10,115 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,545 |
| All other expenses | $0 |
| Total functional expenses | $210,151 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $239,618 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $352,308 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $591,926 |
| 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 | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $591,926 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Morehouse College National Alumni Association has recieved totaling $87,478.
| Awarding Organization | Amount |
|---|---|
Ford Motor Co Fund Dearborn, MI PURPOSE: MULTI-CULTURAL | $81,955 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,286 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $137 |
Mckesson Foundation Dallas, TX PURPOSE: CHARITABLE | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Tech Alumni Association Inc Atlanta, GA | $3,190,672 | $7,936,222 |
General Alumni Assoc Chapel Hill, NC | $118,995,183 | $8,416,070 |
University Of Alabama Alumni Assoc Alumni Hall Tuscaloosa, AL | $63,747,922 | $7,156,369 |
North Carolina State University Alumni Association Raleigh, NC | $63,898,145 | $4,644,432 |
University Of South Carolina Alumni Association Columbia, SC | $23,424,726 | $5,528,924 |
University Of Florida Alumni Association Inc Gainesville, FL | $0 | $2,776,539 |
University Of South Florida Alumni Association Inc Tampa, FL | $10,823,849 | $2,834,575 |
Florida State University Alumni Association Tallahassee, FL | $5,180,580 | $3,503,983 |
Clemson Alumni Association Clemson, SC | $16,585,557 | $2,139,290 |
Duke Alumni Association Inc Durham, NC | $792,785 | $1,542,394 |
Itba Alumni Foundation Inc Miami, FL | $3,754 | $1,559,691 |
The Citadel Alumni Association Charleston, SC | $12,996,112 | $2,040,375 |