State Alumni Foundation is located in Pembroke Pines, FL. The organization was established in 2019. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. State Alumni Foundation 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 12/2020, State Alumni Foundation generated $172.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (23.2%) each year. All expenses for the organization totaled $121.4k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (31.7%) per year over the past 3 years. 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
2020
Describe the Organization's Program Activity:
Part 3
PURCHASE, REMODELING AND EQUIPMENT OF THE OFFICES FOR THE ADMINISTRATIVE OPERATION OF THE ENTITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Magaly J Guedez DE Garcia Vice President | 0 | $0 | |
Ricardo Garcia Treasurer | 0 | $0 | |
Jhonatan Rodriguez President | 0 | $0 | |
Jose Rodriguez Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $172,344 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $172,344 |
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 | $23,558 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $10,405 |
Other expenses | $87,389 |
Total expenses | $121,352 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $52,340 |
Other assets | $0 |
Total assets | $52,340 |
Total liabilities | $3,329 |
Net assets or fund balances | $49,011 |
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