Walla Walla University Alumni Association
- Assets
- $2.8m
- Revenue
- $115.9k
- Investments
- $0.0
- Employees
- 0
- Location
- College Place, WA
- Founding
- 10/1984
- Data as of
- 06/2022
- EIN
- 91-1156522
Organization Overview
Walla Walla University Alumni Association is located in College Place, WA. The organization was established in 1984. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Walla Walla University 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 06/2022, Walla Walla University Alumni Association generated $115.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.6% each year . All expenses for the organization totaled $65.9k during the year ending 06/2022. 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
THE PURPOSE OF THE ALUMNI ASSOCIATION IS TO ENCOURAGE ALUMNI TO SUPPORT WWU (WALLA WALLA UNIVERSITY) AND ITS PURPOSES AND GOALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GIFT TO SENIOR CLASS $3,235. VIDEO PRODUCTION TO PROMOTE THE ALUMNI'S HISTORY WITH THE UNIVERSITY $7,663.
STUDENT SCHOLARSHIPS.
HOMECOMING AND OTHER ALUMNI EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurel Rogers Secretary | OfficerTrustee | 5 | $550 |
James Johnson Treasurer | OfficerTrustee | 5 | $550 |
Jackie Crombie Stonas Board Chair | OfficerTrustee | 5 | $0 |
Eric Denney President | OfficerTrustee | 5 | $0 |
Jerry Woods President Elect | OfficerTrustee | 5 | $0 |
Jilma Jimenez Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,970 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,970 |
| Total Program Service Revenue | $0 |
| Investment income | $108,578 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,322 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $115,870 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $33,500 |
| 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. | $1,100 |
| Compensation of current officers, directors, key employees. | $1,100 |
| 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 | $11,455 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,840 |
| Office expenses | $486 |
| Information technology | $924 |
| 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 | $0 |
| Total functional expenses | $65,917 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,098 |
| 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 | $323 |
| Net Land, buildings, and equipment | $35,939 |
| Investments—publicly traded securities | $2,782,890 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,841,250 |
| Accounts payable and accrued expenses | $50,762 |
| 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 | $50,762 |
| Net assets without donor restrictions | $533,934 |
| Net assets with donor restrictions | $2,256,554 |
| 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 | $2,841,250 |
Grants Awarded
Over the last fiscal year, Walla Walla University Alumni Association has awarded $33,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WALLA WALLA UNIVERSITY PURPOSE: FOR A SCHOLARSHIP FUND FOR STUDENT INTERNSHIPS | $25,000 |
WALLA WALLA UNIVERSITY PURPOSE: FOR STUDENT SCHOLARSHIPS | $8,500 |
Endowment Analysis
| Beg. Balance | $3,181,120 |
| Earnings | -$389,729 |
| Grants | $8,500 |
| Ending Balance | $2,782,891 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Symposia Medicus Inc Pleasant Hill, CA | $9,548,049 | $7,060,600 |
Oregon College Of Oriental Medicine Portland, OR | $13,674,480 | $5,613,074 |
Academy Of Chinese Culture And Oakland, CA | $2,706,944 | $3,106,403 |
Acupuncture And Integrative Medicine College Berkeley Berkeley, CA | $1,116,969 | $2,153,678 |
California Academy Of Physician Assistants Los Angeles, CA | $1,661,419 | $657,000 |
Foundation For Medical Excellence Portland, OR | $3,693,965 | $350,531 |
Association For Academic Surgery Inc Los Angeles, CA | $874,619 | $529,261 |