Valdosta State University Alumni
- Assets
- $312.6k
- Revenue
- $25.1k
- Investments
- $153.6k
- Employees
- 0
- Location
- Valdosta, GA
- Founding
- 11/1987
- Data as of
- 12/2021
- EIN
- 58-1734433
Organization Overview
Valdosta State University Alumni is located in Valdosta, GA. The organization was established in 1987. 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. Valdosta State University Alumni 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 12/2021, Valdosta State University Alumni generated $25.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $17.5k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENT/ALUMNI LUNCHEONS & RECEPTIONS
ALUMNI PROMOTIONS
STUDENT OUTREACH PROMOTIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beverly Richardson-Blake Secretary | 1 | $0 | |
Font Tornabene Chair, Booster Relations | 1 | $0 | |
Mike Beverly Treasurer | 1 | $0 | |
Mikki Hudson Wills First Vice President | 1 | $0 | |
Sirocus Barnes President | 1 | $0 | |
William A Fricks Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,754 |
| Dividends & Interest | $2,397 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,481 |
| Capital Gain Net Income | $11,481 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,500 |
| Total Revenue | $25,132 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $126 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,342 |
| Printing and publications | $0 |
| Other expenses | $16,052 |
| Total operating and administrative expenses | $17,520 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $17,520 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,028 |
| Savings and temporary cash investments | $147,953 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $153,644 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $312,625 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Valdosta State University Alumni has recieved totaling $3,500.
| Awarding Organization | Amount |
|---|---|
Lawrence W And Daryl L Swanstrom Foundation Fayetteville, GA PURPOSE: EDUCATIONAL | $2,500 |
Schwartz-Kruger Family Foundation Inc Macon, GA PURPOSE: EDUCATION | $1,000 |
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 |