Texas State Alumni Association is located in San Marcos, TX. The organization was established in 1997. 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. Texas State Alumni Association 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 12/2023, Texas State Alumni Association generated $391.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $337.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE TEXAS STATE ALUMNI ASSOCIATION PROMOTES THE FUTURE BY EMBRACING THE PAST. THE ASSOCIATION IS THE LINK THAT FORGES A STRONG BOND BETWEEN ALUMNI AND THE UNIVERSITY. (SEE SCHEDULE O).
Describe the Organization's Program Activity:
Part 3 - Line 4a
ESTABLISH AND FOSTER MEANINGFUL AND LASTING RELATIONSHIPS WITH ALUMNI, FORMER STUDENTS AND FRIENDS; DEVELOP AND SUSTAIN INTERACTIVE RELATIONSHIPS WITH TEXAS STATE STUDENTS; FUND AND BUILD THE TEXAS STATE ALUMNI CENTER.
PROVIDE SCHOLARSHIPS AND OTHER STUDENT ENGAGEMENT TO TEXAS STATE UNIVERSITY STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tracy L Parker President | OfficerTrustee | 3 | $0 |
Larry Gaddes President El | OfficerTrustee | 3 | $0 |
Nicholas Costilla Young Alumni | Trustee | 3 | $0 |
Larry Douglas Treasurer | Trustee | 3 | $0 |
Susan Angell-Gonzalez Member | Trustee | 3 | $0 |
Natalie Berko Member | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $44,765 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $245,220 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $289,985 |
Total Program Service Revenue | $0 |
Investment income | $68,787 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $129,399 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$30,088 |
Net Income from Fundraising Events | -$66,146 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $391,937 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $25,000 |
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 | $11,297 |
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 | $18,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $20,794 |
Fees for services: Other | $0 |
Advertising and promotion | $30,316 |
Office expenses | $32,009 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $21,769 |
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 | $337,029 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $343,499 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $118,725 |
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 | $2,643,286 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,105,510 |
Accounts payable and accrued expenses | $106,779 |
Grants payable | $11,000 |
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 | $117,779 |
Net assets without donor restrictions | $2,887,731 |
Net assets with donor restrictions | $100,000 |
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 | $3,105,510 |