Wolmers Alumni Association Inc
- Assets
- $73.3k
- Revenue
- $195.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Pembroke Pines, FL
- Founding
- 10/2000
- Data as of
- 06/2022
- EIN
- 65-0818692
Organization Overview
Wolmers Alumni Association Inc is located in Pembroke Pines, FL. The organization was established in 2000. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wolmers 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, Wolmers Alumni Association Inc generated $195.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $149.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 7 years. 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
WOLMERS ALUMNI ASSOCIATION, INC., SOUTH FLORIDA CHAPTER DISBURSES FINANCIAL AID AND OTHER FORMS SUPPLEMENTAL ASSISTANCE TO STUDENTS AND ALMA MATER OF THE CORPORATION AND THE WOLMERS BOYS, GIRLS, AND PREP SCHOOLS
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL FINANCIAL ASSISTANCE TO HIGH SCHOOL STUDENTS AT WOLMER'S
SPECIAL PROJECTS RELATING TO EDUCATION TO WOLMERS' BOYS HIGH SCHOOL
SPECIAL PROJECTS RELATING TO EDUCATION TO WOLMERS' GIRLS HIGH SCHOOL
SPECIAL PROJECTS RELATING TO EDUCATION TO WOLMERS' PREP SCHOOL ALLOCATION OF TELETHON & EQUIPMENT TO PREP SCHOOL AND TECHNOLOGY AT ALL THREE SCHOOLS DONATIONS TO US ORGANIZATIONS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marlene Williams President | OfficerTrustee | 5 | $0 |
Andrew Samuels VP Administrarion | OfficerTrustee | 3 | $0 |
Dionne Bryan Secretary | OfficerTrustee | 4 | $0 |
Donna Lewis Lee VP Operations | OfficerTrustee | 3 | $0 |
Antoinette Rhoden Public Relations Officer | OfficerTrustee | 3 | $0 |
Dianne Houston Membership Officer | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,514 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $192,266 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $193,780 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,978 |
| Net Income from Gaming Activities | -$160 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $195,598 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $642 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $145,039 |
| 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 | $250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $130 |
| Office expenses | $281 |
| 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 | $1,482 |
| Total functional expenses | $149,848 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $73,278 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $73,278 |
| 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 | $73,278 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $73,278 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Wolmers Alumni Association Inc has recieved totaling $78,953.
| Awarding Organization | Amount |
|---|---|
Blue Lagoon Foundation Inc Big Canoe, GA PURPOSE: GENERAL FUND | $72,000 |
Good360 Alexandria, VA PURPOSE: TO ASSIST THOSE IN NEED. | $6,479 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $474 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Company Charitable Foundation Inc Atlanta, GA | $133,098,319 | $27,836,912 |
Harry T Mangurian Jr Foundation Inc Fort Lauderdale, FL | $88,622,200 | $12,675,522 |
Alabama Power Foundation Inc Birmingham, AL | $164,336,755 | $18,795,477 |
Masters Tournament Foundation Inc Augusta, GA | $56,432,291 | $20,283,494 |
Caring Foundation Birmingham, AL | $70,981,159 | $5,434,235 |
Malone Family Foundation Hobe Sound, FL | $111,664,161 | $13,667,566 |
The Fairholme Foundation Coral Gables, FL | $289,766,586 | $285,369 |
Nicklaus Childrens Health Care Foundation Inc North Palm Beach, FL | $45,302,726 | $13,320,876 |
Albert L Ueltschi Foundation Vero Beach, FL | $287,931,919 | $1,247,906 |
Speedwell Foundation Atlanta, GA | $165,926,993 | $26,115,784 |
Holtz Charitable Foundation Inc Orlando, FL | $5,015,513 | $2,659,459 |
Wiregrass Foundation Dothan, AL | $101,684,443 | $2,886,891 |