Angelo State University Ex-Students Association
- Assets
- $1.7m
- Revenue
- $161.9k
- Investments
- $0.0
- Employees
- 5
- Location
- San Angelo, TX
- Founding
- 05/1980
- Data as of
- 08/2022
- EIN
- 75-1620540
Organization Overview
Angelo State University Ex-Students Association is located in San Angelo, TX. The organization was established in 1980. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. As of 08/2023, Angelo State University Ex-Students Association employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Angelo State University Ex-Students 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 08/2022, Angelo State University Ex-Students Association generated $161.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $170.9k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (3.1%) 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
TO PROMOTE ANGELO STATE UNIVERSITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOMECOMING DINNER - THE ASSOCIATION HOSTS A HOMECOMING DINNER AS PART OF THE ASU HOMECOMING FESTIVITIES. DURING THE DINNER THE ASSOCIATION RECOGNIZES DISTINQUISHED ALUMNI, HONORARY ALUMNI, AND OUSTANDING FACULTY, STAFF, AND STUDENTS.
SPECIAL EVENT (RAM JAM) - EACH SATURDAY LEADING UP TO A FOOTBALL GAME THE ASSOCIATION HOSTS A PRE-GAME COOKOUT TO ENTERTAIN FANS BEFORE KICK-OFF. FANS MAY BRING PERSONAL GRILLS FOR TAILGAITING AND COMPLIMENTARY FOOD AND BEVERAGES ARE PROVIDED FOR MEMBERS OF THE ASSOCIATION. LOCAL BANDS PROVIDE ENTERTAINMENT AND DOOR PRIZES ARE PROVIDED BY A LOCAL RADIO STATION.
OTHER PROGRAM SERVICES - SERVICES AND SCHOLARSHIPS TO ANGELO STATE UNIVERSITY AND MEMBERSHIP DEVELOPMENT INCLUDING ADVERTISING, PERSONNEL EXPENSES, AND RETAIL SALES.
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 |
|---|---|---|---|
Corey Owens President | OfficerTrustee | 1 | $0 |
Jennifer Mccoy 1st Vice President | OfficerTrustee | 1 | $0 |
Carly Samaniego Secretary/treasurer | OfficerTrustee | 1 | $0 |
Clayton Boling Immediate Past President | OfficerTrustee | 1 | $0 |
Brett Nikolauk Past President | OfficerTrustee | 1 | $0 |
Chris Matlock Past President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $101,554 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,386 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $107,940 |
| Total Program Service Revenue | $20,298 |
| Investment income | $32,387 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $7,417 |
| Net Rental Income | -$43,312 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $22,359 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $14,434 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $161,944 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $3,558 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $272 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $34,829 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,613 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,142 |
| Office expenses | $10,607 |
| 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 | $51,278 |
| Insurance | $0 |
| All other expenses | $7,258 |
| Total functional expenses | $170,898 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $109,534 |
| 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 | $23,110 |
| Prepaid expenses and deferred charges | $4,928 |
| Net Land, buildings, and equipment | $1,012,703 |
| Investments—publicly traded securities | $500,289 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,650,564 |
| Accounts payable and accrued expenses | $62,885 |
| Grants payable | $0 |
| Deferred revenue | $57,222 |
| 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 | $120,107 |
| Net assets without donor restrictions | $1,530,457 |
| 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 | $1,650,564 |