Arkansas State University Alumni Association Inc
- Assets
- $4.4m
- Revenue
- $259.3k
- Investments
- $0.0
- Employees
- 0
- Location
- State University, AR
- Founding
- 04/1992
- Data as of
- 06/2022
- EIN
- 58-1723646
Organization Overview
Arkansas State University Alumni Association Inc is located in State University, AR. The organization was established in 1992. 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. Arkansas State 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 06/2022, Arkansas State University Alumni Association Inc generated $259.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $342.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUTREACH EVENTS - HOST SEVERAL EVENTS THROUGHOUT THE YEAR TO REACH OUT TO ALUMNI AND RELATED COMMUNITY. EVENTS INCLUDE PANCAKES AND PJ'S AND THE WATERING HOLE.
MEMBERSHIP - FUNDS EXPENDED FOR VARIOUS ACTIVITIES AND EVENTS FOR MEMBERS' BENEFIT DURING THE YEAR.
HOMECOMING - SPONSOR FOR THE ASU FOOTBALL HOMECOMING GAME ACTIVITIES OF THE ARKANSAS STATE UNIVERSITY ALUMNI ASSOCIATION, INC.
ARKANSAS STATE UNIVERSITY FOUNDATION CHAPTERS - FUNDS USED TO HOST DONORS AND PROSPECTS FOR GIFTS TO THE ALUMNI ASSOCIATION AND/OR ARKANSAS STATE UNIVERSITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nonie Wiggins Past Preside | 0 | $0 | |
John Baine Vice Preside | 0 | $0 | |
Dale Morris Past Preside | 0 | $0 | |
Natalie Rogers Sect/treasur | 0 | $0 | |
Lindsay Burnett Executive Di | 0 | $0 | |
Peggy Wright President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,650 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $257,649 |
| Total Revenue | $259,299 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $153,775 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $20,473 |
| Other expenses | $156,748 |
| Total operating and administrative expenses | $342,196 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $342,196 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $198,084 |
| Savings and temporary cash investments | $635,131 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $48,733 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $10,951 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $3,528,311 |
| Other assets | $0 |
| Total assets | $4,421,210 |
| Accounts payable and accrued expenses | $21,298 |
| Grants payable | $0 |
| Deferred revenue | $5,213 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $26,511 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Arkansas State University Alumni Association Inc has recieved totaling $10,831.
| Awarding Organization | Amount |
|---|---|
Arkansas State University System Foundation Inc State University, AR PURPOSE: TO PROVIDE SUPPORT TO ARKANSAS STATE UNIVERSITY ALUMNI ASSOCIATION, INC. | $10,831 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Association Of Former Students Of Texas A & M University College Station, TX | $202,537,498 | $46,927,604 |
Mississippi Community Education Center Jackson, MS | $16,617,573 | $26,875,315 |
Angelo State University Foundation Inc San Angelo, TX | $35,914,777 | $13,132,707 |
Ex Students Association Of The Austin, TX | $164,001,121 | $27,599,217 |
Leadership Education Foundation College Station, TX | $3,972,064 | $10,009,970 |
Communities In Schools Of Greater Tarrant County Inc Fort Worth, TX | $6,563,272 | $10,310,134 |
Lsu Alumni Association Baton Rouge, LA | $42,813,688 | $3,814,637 |
Oklahoma State University Alumni Association Stillwater, OK | $25,317,339 | $3,350,380 |
Texas Tech Alumni Association Lubbock, TX | $17,376,523 | $4,664,357 |
Delta Delta Delta Foundation Dallas, TX | $24,531,824 | $3,988,064 |
Alumni Association Of The University Of Mississippi Oxford, MS | $10,836,240 | $2,076,893 |
University Of Missouri Alumni Assn Columbia, MO | $16,718,552 | $3,263,310 |