Overview
What is Alumni Association Of Murray State University Inc?
The Alumni Association of Murray State University Inc, situated in Murray, Kentucky, serves as a vital organization for its alumni. Their primary mission revolves around providing financial support for maintaining the alumni office and fostering alumni engagement activities. Moreover, they extend their mission by offering scholarships to promote Murray State University, thereby contributing to the academic growth and development of its students. Based at 100 Alumni Center, this nonprofit entity demonstrates a commitment to its alma mater and its alumni community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating. The Alumni Association of Murray State University Inc has received a score of 73%, reflecting a mixed performance primarily in its accountability and finance practices. The rating is based solely on one beacon score, indicating that while the organization meets certain standards, it may fall short in other areas that are not measured.
Strengths of the organization include a fully independent board, with all 19 members maintaining independence. Additionally, the association has demonstrated strong financial practices, evidenced by a 0.00% liabilities to assets ratio and a program expense ratio of 100.00%. These metrics suggest that the organization is managing its financial resources effectively and primarily using its funds for its programs.
However, the overall Two-Star rating indicates there may be areas needing improvement beyond the financial metrics reported. Users are encouraged to consider not just the financial accountability but also other aspects of transparency and programmatic impact when assessing the overall effectiveness of the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Alumni Association Of Murray State University Inc legitimate?
Alumni Association Of Murray State University Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alumni Association Of Murray State University Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of Alumni Association Of Murray State University Inc?
The Alumni Association of Murray State University Inc's mission is centered around providing scholarships with the aim of promoting Murray State University. This organization serves to support the educational endeavors of students, thereby contributing to the university's growth and development. Additionally, they allocate funds for the maintenance of the alumni office and the promotion of alumni activities, fostering a sense of community among former students. In essence, their mission is to strengthen the ties between the university and its alumni, while investing in the future generation of Murray State students.
Who is the CEO of Alumni Association Of Murray State University Inc?
Carrie Mcginnis is the Executive Director of Alumni Association Of Murray State University Inc.
What is the revenue of Alumni Association Of Murray State University Inc?
Alumni Association Of Murray State University Inc's revenue in 2023 was $78,122.
Who are the executives of Alumni Association Of Murray State University Inc and what are their salaries?
There 20 volunteers at Alumni Association Of Murray State University Inc.
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Where can I find the form 990 for Alumni Association Of Murray State University Inc?
Alumni Association Of Murray State University Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Alumni Association Of Murray State University Inc
The Alumni Association of Murray State University Inc, as its mission, aims to promote Murray State University by providing scholarships. This nonprofit organization's primary goal is to invest in the educational future of individuals, thereby contributing to the university's growth and development. In addition to this, the association funds the upkeep of the alumni office and supports various alumni activities, thereby fostering a sense of unity and engagement among the university's former students. The Alumni Association of Murray State University Inc is committed to investing in the potential of its alumni and the university as a whole, with the belief that a strong alumni network can significantly contribute to the university's success.
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Impact
August, 2024
The Alumni Association Of Murray State University Inc's impact lies in providing scholarships to promote Murray State University, as well as allocating funds for the maintenance of the Alumni office and the promotion of Alumni activities. Through these efforts, the association supports the educational pursuits of students at Murray State University and fosters a strong sense of community among its alumni members. By offering financial assistance and organizational support, the Alumni Association contributes to the university's growth and mission of providing quality education to its students.
This information is meant to be a general summary of Alumni Association Of Murray State University Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $49,148
- Gross Receipts: $78,122
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CREDIT CARD AND INSURANCE ROYALTIES
Revenue
$131
EARNINGS ON SCHOLARSHIP FUNDS
Revenue
$49,017
Organization Details
Founding Year
2003
Phone
(270) 809-3437Principal Officer
Carrie Mcginnis
Main Address
100 ALUMNI CENTER, MURRAY, KY, 42071
NTEE Category
Code: B84 - Education
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