Overview
What is North Carolina State University Alumni Association Inc?
North Carolina State University Alumni Association Inc, situated in Raleigh, North Carolina, is a nonprofit organization dedicated to fostering a lifelong connection with its alma mater, NC State University. The association publishes an alumni magazine, organizes events for its members, awards scholarships, and actively promotes NC State within the community. Through various programs and services, the Alumni Association aims to strengthen the bond between its alumni and the university, ultimately fostering a sense of pride among its members.
Official website here: www.see schedule o
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating)
North Carolina State University Alumni Association Inc has received a solid three-star rating from Charity Navigator, reflecting a commendable performance in accountability and finance. The organization boasts an impressive 88% of its board members being independent, ensuring strong governance. Moreover, it has a perfect score for various financial oversight measures, indicating a high level of transparency and adherence to best practices in nonprofit management.
Strengths of the organization include its notable financial health, with a liabilities to assets ratio of 0.31% and a working capital ratio of 16.02 years, suggesting that it is well-positioned to meet its obligations. However, the program expense ratio of 62.02% indicates that a significant portion of its budget is dedicated to program-related activities, though there may be room for improvement in this area. Additionally, the fundraising efficiency ratio at $0.44 points to challenges in maximizing fundraising efforts relative to expenses.
Overall, while the North Carolina State University Alumni Association Inc demonstrates strong governance and financial health, the organization may need to focus on enhancing its fundraising strategies and increasing its program expense ratio to ensure a more balanced allocation of resources.
This AI summary has been generated from information found on Charity Navigator.
Is North Carolina State University Alumni Association Inc legitimate?
North Carolina State University Alumni Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Carolina State University Alumni Association 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $746,431
For more financial information, click here
Official website here: www.see schedule o
What is the mission statement of North Carolina State University Alumni Association Inc?
The North Carolina State University Alumni Association Inc serves to engage alumni and friends, fostering a lifelong connection to the university. They achieve this through various programs and services, enhancing pride in NC State University. The association publishes an alumni magazine, organizes alumni functions, awards scholarships, and promotes awareness of NC State in the community. By doing so, they aim to maintain and strengthen the bond between alumni and their alma mater.
Official website here: www.see schedule o
Who is the CEO of North Carolina State University Alumni Association Inc?
Erin Delehanty is the Director of North Carolina State University Alumni Association Inc.
Official website here: www.see schedule o
What is the revenue of North Carolina State University Alumni Association Inc?
North Carolina State University Alumni Association Inc's revenue in 2023 was $6,379,459.
Official website here: www.see schedule o
Who are the executives of North Carolina State University Alumni Association Inc and what are their salaries?
There 36 volunteers at North Carolina State University Alumni Association Inc.
Here are 23 key members and their salaries:
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- Related: $290,924
- Other: $44,428
Official website here: www.see schedule o
Where can I find the form 990 for North Carolina State University Alumni Association Inc?
North Carolina State University Alumni Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.see schedule o
Learn more at the official website: www.see schedule o
Mission Statement of North Carolina State University Alumni Association Inc
North Carolina State University Alumni Association Inc serves to connect and engage alumni and supporters of North Carolina State University (NC State) through various programs and services. Their mission is to foster a sense of pride in NC State and establish lasting connections that extend beyond graduation. By organizing events, publishing an alumni magazine, offering scholarships, and promoting NC State within the community, the Alumni Association aims to strengthen the bond between its members and the university.
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Impact
July, 2024
The North Carolina State University Alumni Association Inc plays a significant role in engaging alumni and friends through various programs and services that foster pride and cultivate a lifelong connection to NC State University. The association organizes alumni functions, publishes an alumni magazine, awards scholarships, and works to increase awareness of NC State in the community. Through these efforts, the association helps to strengthen the bonds between alumni and the university, enhancing the overall experience and impact of the NC State community.
This information is meant to be a general summary of North Carolina State University Alumni Association 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.
- Investment Income: $1,585,369
- Program Service Revenue: $478,783
- Gross Receipts: $7,685,496
Assets and Liabilities:
- Total Assets: $62,979,501
- Total Liabilities: $195,442
- Net Assets: $62,784,059
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER PROGRAMS
Revenue
$315,358
EVENTS
Revenue
$125,760
ALUMNI MAGAZINE & ADVERTISING
Revenue
$37,665
Organization Details
Founding Year
1952
Phone
(919) 513-7149Principal Officer
Erin Delehanty
Main Address
NCSU BOX 7207, RALEIGH, NC, 27695
Website
www.see schedule oNTEE Category
Code: B84 - Education
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