Brown Alumni Association FY2023 filing

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To encourage Alumni to actively participate in the Brown university community through events and volunteer opportunities, and to create new ways for Alumni to stay connected and contribute to the greatness of Brown university.

501(c)(3) charity; gifts are tax-deductible.
63¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $58K a year · 17% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
63%
of spending
Worth a look: 63% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
6 mo
of spending, in cash
Plus $1.1M in investments, Pt X · Ln 11–13
Looks good: 5.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$63K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
23
of 23 voting members
Looks good: 23 of 23 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$348K
+9% vs prior year
Spent
$269K
To programs
63%
Net assets
$1.4M
By yearFY2020–FY2024
Revenue
$348K
FY2023▲ +9%
Tap a bar for its year
Revenue by fiscal year
FY2020$416K
FY2021$272K
FY2022$318K
FY2023$348K
FY2024$368K
Expenses
$269K
FY2023▼ -16%
Tap a bar for its year
Expenses by fiscal year
FY2020$393K
FY2021$129K
FY2022$321K
FY2023$269K
FY2024$319K
Net assets
$1.4M
FY2023▲ +13%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.0M
FY2021$1.4M
FY2022$1.2M
FY2023$1.4M
FY2024$1.5M

From the FY2023 Form 990 (year ending June 2023) · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1986.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

63 cents of each dollar spent went to programs.

Program services 63% · $170K Management & general 37% · $99K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

23 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Brown Alumni Association executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Connects alumni with events and volunteer roles to enrich the university community.

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3 programs · $170K · in their own filed words · FY2022
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.

$44Kprogram 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.

$20Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

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 →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$348K
Ln 12
Other incomeLn 4–11$307K
Investment incomeLn 3$38K
Gifts and grantsLn 1h$2K
Money outPt IX
$269K
Ln 25
Programscol B$170K
Managementcol C$99K
Owns and owesPt X
$1.4M
net assets · Ln 32
Cash and savingsLn 1–2$126K
Total assetsLn 16$1.4M
LiabilitiesLn 26$63K
PeoplePt VI, VII
23
listed · VII A
PaidVII A0
Voting boardVI 1a23
IndependentVI 1b23
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2K
Investment incomeLn 3$38K
Other incomeLn 4–11$307K
Total revenueLn 12$348K
Assets in detailPt X, end of year
CashLn 1$81K
SavingsLn 2$45K
Cash and savings togetherLn 1–2$126K
Notes and loans receivableLn 7$30K
Prepaid expenses and deferred chargesLn 9$1K
InvestmentsLn 11–13$1.1M
Other assetsLn 15$163K
Total assetsLn 16$1.4M
LiabilitiesLn 26$63K
Net assetsLn 32$1.4M
OperationsPt I, VI
EmployeesI 50
VolunteersI 6600
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$95K$126K
InvestmentsLn 11–13$988K$1.1M
Total assetsLn 16$1.2M$1.4M
LiabilitiesLn 26$47K$63K
Net assetsLn 32$1.2M$1.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$78K$78K
Accounting feesLn 11c$28K$28K
Investment management feesLn 11f$300$300
Advertising and promotionLn 12$43K$43K
Conferences, conventions and meetingsLn 19$68K$68K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$48K$48K
Total functional expensesLn 25$269K$170K$99K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS May 15, 2025 $368K$319K$49K$1.5M 990 PDF
FY2023 ViewingFiled with the IRS May 15, 2024 $348K$269K$79K$1.4M 990 PDF
FY2022Filed with the IRS May 12, 2023 $318K$321K−$3K$1.2M 990 PDF
FY2021Filed with the IRS Apr 6, 2022 $272K$129K$143K$1.4M 990 PDF
FY2020Filed with the IRS May 4, 2021 $416K$393K$23K$1.0M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $347,720 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,289$2,482
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $63,888$38,024
I-11 Other revenuePrior year $252,229$307,214
I-12 Total revenuePrior year $318,406$347,720
I-13 Grants and similar amounts paidPrior year $63,310$78,176
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $257,747$190,508
I-18 Total expensesPrior year $321,057$268,684
I-19 Revenue less expensesPrior year −$2,651$79,036
Part VI · Governance 23 of 23 board members independent, 4 to look at
VI-1a Voting members of the governing body23
VI-1b Independent voting members23
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $347,720 across 6 lines filed
VIII-1f All other contributions, gifts and grants$2,482
VIII-1h Total contributions, gifts and grants$2,482
VIII-3 Investment incomeExcluded from tax $38,024$38,024
VIII-5 RoyaltiesExcluded from tax $236,057$236,057
VIII-8 Net income from fundraising eventsExcluded from tax $71,157$71,157
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $345,238$347,720
Part IX · Statement of functional expenses $268,684 across 7 lines filed
IX-1 Grants to domestic organizationsPrograms $78,176$78,176
IX-11c Accounting feesManagement $27,949$27,949
IX-11f Investment management feesManagement $300$300
IX-12 Advertising and promotionPrograms $43,467$43,467
IX-19 Conferences, conventions and meetingsManagement $67,837$67,837
IX-23 InsuranceManagement $2,873$2,873
IX-24 Other expenses (24a–d)Programs $48,082$48,082
IX-25 Total functional expensesPrograms $169,725 · Management $98,959 · Fundraising $0$268,684
Part X · Balance sheet $1,414,638 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $30,941$81,015
X-2 Savings and temporary cash investmentsStart of year $63,703$44,605
X-7 Notes and loans receivableStart of year $30,253$30,253
X-9 Prepaid expenses and deferred chargesStart of year $11,351$1,271
X-11 Publicly traded securitiesStart of year $987,560$1,094,258
X-15 Other assetsStart of year $121,259$163,236
X-16 Total assetsStart of year $1,245,067$1,414,638
X-17 Accounts payable and accrued expensesStart of year $3,072$17,557
X-25 Other liabilitiesStart of year $43,791$44,950
X-26 Total liabilitiesStart of year $46,863$62,507
X-27 Net assets without donor restrictionsStart of year $1,198,204$1,352,131
X-32 Total net assets or fund balancesStart of year $1,198,204$1,352,131
X-33 Total liabilities and net assetsStart of year $1,245,067$1,414,638
Part XI · Reconciliation of net assets $1,352,131 net assets at year end
XI-1 Total revenue$347,720
XI-2 Total expenses$268,684
XI-3 Revenue less expenses$79,036
XI-4 Net assets at start of year$1,198,204
XI-5 Net unrealized gains (losses) on investments$74,891
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,352,131

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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