Tougaloo College National Alumni Association Inc is located in Tougaloo, MS. The organization was established in 2000. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, 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. Tougaloo College National 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 12/2021, Tougaloo College National Alumni Association Inc generated $63.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $53.3k during the year ending 12/2021. While expenses have increased by 9.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE FINANCIAL SUPPORT FOR TOUGALOO COLLEGE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Mcquirter Board Member | 2 | $0 | |
Joyce Delk Board Chairman | 2 | $0 | |
Ro'chelle Williams Board Secretary | 2 | $0 | |
Carlos Smith Treasurer | 2 | $0 | |
Carolyn White Business Manager | 2 | $0 | |
Tophas Anderson III Parliamentarian | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $25,051 |
Investment income | $7,682 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $30,609 |
Other Revenue | $0 |
Total Revenue | $63,342 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $4,550 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $911 |
Other expenses | $7,432 |
Total expenses | $53,268 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $153,581 |
Other assets | $0 |
Total assets | $153,581 |
Total liabilities | $0 |
Net assets or fund balances | $153,581 |
Over the last fiscal year, we have identified 2 grants that Tougaloo College National Alumni Association Inc has recieved totaling $10,200.
Awarding Organization | Amount |
---|---|
Methodist Lebonheur Healthcare Memphis, TN PURPOSE: TCNAA-HALL OF FAME-L WASHINGTON | $10,000 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $200 |
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