Brown Alumni Association EIN 05-6009633 Form 990 (PDF) Claim this org

Brown Alumni Association

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Connects alumni with events and volunteer roles to enrich the university community. For fiscal year 2024 it reported $368K in revenue, $319K in expenses, and $1.5M in net assets.Pt I

Type
Supporting organization · Education
Location
Providence, RI
Website
alumni.brown.edu
Filings
5 on file (2020–2024)
Revenue
$368KFY2024
Expenses
$319K
Net assets
$1.5M
People
31
Filings
5
Updates
0
More identity details & actions ⌄
EIN  05-6009633 Supporting organization Providence, RI
Form 990 (PDF)
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Size
$100K–1M
What they do
Connects alumni with events and volunteer roles to enrich the university community.
Leadership
Money in and out
$368K revenue, $319K expenses
Bottom line
+13% net inflow
Money in and out · FY2024
Total revenue
$368K
Pt VIII · Ln 12
Total expenses
$319K
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $49K
Where spending went · Part IX cols B–D
Program services $0.60 Management & general $0.40
Net inflow
+13%
revenue over expenses, this year▼ -42% vs prior filing year
Pass-through gifts
0.6%
of revenue from contributions▼ -22% vs prior filing year
Program spending
60%
of expenses reach stated programs▼ -5% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$368K
FY2024▲ +6%
Expenses
$319K
FY2024▲ +19%
Total assets
$1.6M
FY2024▲ +10%
Total liabilities
$71K
FY2024▲ +14%
Total revenue
$368K
Pt VIII · Ln 12
Total expenses
$319K
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$49K
Total assetsPt X · Ln 16$1.6M
Program-expense ratioPt IX · col B60%
Voting members of governing bodyPt I · Ln 331
Independent voting membersPt I · Ln 431

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBrown Alumni Association
EINHdr · item D05-6009633
Principal addressHdr · item CProvidence, RI
WebsiteHdr · item Jalumni.brown.edu
Year of formationHdr · item Lpending
State of legal domicileHdr · item MRI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B84Z)
Ruling yearIRS BMFMay 1986

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a31
Independent voting membersPt VI · Ln 1b31
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$0Pt VII · Sec A
President-Elect
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Governor
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $192K of program spending, described in the organization's own filed words · FY2023.
01

Club Programs & Outreach

Brown alumni association supports over 100 worldwide subsidiary chapters with programming that keeps club members involved in the brown university community. Event programming is both educational and social in nature, is designed to promote interest in brown university, and is delivered to both regional and multicultural alumni…

$106Kprogram expense
02

Alumni Services

Specific services provided by and for brown alumni on an individual basis, including career programs, networking, mentoring and alumni college advising. These programs provide opportunities for alumni and students to learn about and share career-related goals and strategies.

$54Kprogram expense
03

Alumni Engagement Events

Services and programs such as alumni weekends and class reunions provided for brown university graduates and volunteers in an effort to foster continued involvement and support for brown university and the brown community.

$33Kprogram expense

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Statement of Revenue

Part VIII
Other revenue$298K · 81%
Investment income$67K · 18%
Contributions & grants$2K · 1%
Other revenue81%$298K
Investment income18%$67K
Contributions & grants1%$2K
Total revenueLn 12$368K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.60 Management & general $0.40
Program services60%$192K
Management & general40%$127K
Total functional expensesLn 25$319K

Balance Sheet

Part X · end of year
CashLn 1$115K
Total assetsLn 16$1.6M
Total liabilitiesLn 26$71K
Total net assetsLn 32$1.5M
Months of cash on handcomputed4.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.3M · Operating expenses/yr $319K
50.7 months
Where the money goes
Program services
Program services $192K · Total expenses $319K
60%
Management & General
Management & general $127K · Total expenses $319K
40%
Fundraising
Fundraising $0 · Total expenses $319K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $2K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $2K · Total revenue $368K
0.6%
Government reliance
Government grants — · Total revenue $368K
Earned-income share
Program service revenue $0 · Total revenue $368K
0%
Investment reliance
Investment income $67K · Total revenue $368K
+18%
Program self-sufficiency
Program service revenue $0 · Total expenses $319K
0%
Growth & trend
Revenue growth (YoY)
This year $368K · Prior year $348K
+6%
Revenue CAGR
FY2019 $416K · FY2023 $368K
-3%
Net-asset trend (YoY)
End of year $1.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $368K · Expenses $319K
+13%
Liabilities-to-Assets
Total liabilities — · Total assets $1.6M
Net-asset ratio
Net assets $1.5M · Total assets $1.6M
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.2M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.6M
80%
People & payroll
Highest Reported Total Compensation
Individual Amra Sabic-El-Rayess PHD · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $319K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $319K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 60%
Overhead ratio 40%
Fundraising cost ratio 0%
Revenue growth 6%
Investment management fee ratio 0.03%
Accounting fee ratio 8%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 23 grants · $196K · 2019–2023
Brown Alumni Association - the Brown University Club of Los AngelesFY2023$24,028
Brown Alumni Association - the Brown University Club of BostonFY2023$12,951
Brown Alumni Association - the Brown University Club of Washington DcFY2023$8,325
Brown Alumni Association - the Brown University Club of GeorgiaFY2023$8,001
Brown Alumni Association - the Brown University Club of ChicagoFY2023$7,424
Brown Alumni Association - the Brown University Club of Rhode IslandFY2023$6,614
Brown Alumni Association - the Brown University Club of Los AngelesFY2022$18,704
Brown Alumni Association - the Brown University Club of BostonFY2022$10,081
Brown Alumni Association - the Brown University Club of Washington DcFY2022$6,480
Brown Alumni Association - the Brown University Club of GeorgiaFY2022$6,228
Brown Alumni Association - the Brown University Club of ChicagoFY2022$5,779
Brown Alumni Association - the Brown University Club of Rhode IslandFY2022$5,149
Brown Alumni Association - the Brown University Club of BostonFY2021$6,367
Brown Alumni Association - the Brown University Club of Los AngelesFY2021$6,303
Brown Alumni Association - the Brown University Club of San FranciscoFY2021$6,257
Brown Alumni AssociationNY · FY2021$5,953
Brown Alumni Association - the Brown University Club of MiamiFY2021$5,728
Brown Alumni AssociationNY · FY2020$5,217
See all 23 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$368K revenue · viewing · ⤓ 990 PDF
FY2023$348K revenue · ⤓ 990 PDF
FY2022$318K revenue · ⤓ 990 PDF
FY2021$272K revenue · ⤓ 990 PDF
FY2020$416K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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