Auburn Alumni Engineering Council
- Assets
- $482.1k
- Revenue
- $42.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Auburn, AL
- Founding
- 05/1976
- Data as of
- 04/2022
- EIN
- 63-0698846
Organization Overview
Auburn Alumni Engineering Council is located in Auburn, AL. The organization was established in 1976. 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. Auburn Alumni Engineering Council 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 04/2022, Auburn Alumni Engineering Council generated $42.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $82.5k during the year ending 04/2022. 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
TO PROMOTE ENGINEERING AT AUBURN UNIVERSITY BY AWARDING SCHOLARSHIPS AND AWARDS TO STUDENTS AND FACULTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARDING OF SCHOLARSHIPS AND AWARDS TO AUBURN UNIVERSITY ENGINEERING STUDENTS AND FACULTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Walt Woltosz Immediate Past Chair | OfficerTrustee | 1 | $0 |
Nicole Faulk Second Past Chair | OfficerTrustee | 1 | $0 |
Kenneth Kelly Chair | OfficerTrustee | 1 | $0 |
Brad Christopher Vice Chair | OfficerTrustee | 1 | $0 |
Jack Waddey Research | Trustee | 1 | $0 |
Maury Gaston Nominating | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $31,357 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,536 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,893 |
| Total Program Service Revenue | $0 |
| Investment income | $9,448 |
| 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 | $42,341 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $52,276 |
| 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 | $1,177 |
| 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 | $82,480 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $42,825 |
| 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 | $439,279 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $482,104 |
| 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 | $466,104 |
| Net assets with donor restrictions | $16,000 |
| 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 | $482,104 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Auburn Alumni Engineering Council has recieved totaling $30.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $30 |
Endowment Analysis
| Beg. Balance | $20,619 |
| Ending Balance | $20,619 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Tech Alumni Association Inc Atlanta, GA | $3,190,672 | $7,936,222 |
University Of Alabama Alumni Assoc Alumni Hall Tuscaloosa, AL | $63,747,922 | $7,156,369 |
University Of Florida Alumni Association Inc Gainesville, FL | $0 | $2,776,539 |
Alumni Association Of The University Of Mississippi Oxford, MS | $10,836,240 | $2,076,893 |
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 |
Mississippi State University Alumni Inc Mississippi State, MS | $2,835,779 | $1,848,662 |
Itba Alumni Foundation Inc Miami, FL | $3,754 | $1,559,691 |
University Of Southern Mississippi Alumni Association Hattiesburg, MS | $2,761,088 | $617,105 |
The Florida A & M University National Alumni Association Inc Tallahassee, FL | $2,980,396 | $1,234,088 |
Alpha Tau Omega-Gamma Rho Housing Corporation Franklin, TN | $613,479 | $784,389 |
Georgia State University Alumni Association Inc Atlanta, GA | $2,108,070 | $718,329 |