Fulbright Association INC EIN 52-1821935

Fulbright Association INC

EIN  52-1821935 Public charity (501(c)(3)) Washington, DC
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/31/26 · see original filing: IRS
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Size
$1–10M
What they do
Supports Fulbright exchange alumni through networking, advocacy, and professional development, including an annual conference.
Leadership
John Bader · Executive Director · $138K
Money in and out
$2.8M revenue, $1.6M expenses
Bottom line
73% program efficiency

Supports Fulbright exchange alumni through networking, advocacy, and professional development, including an annual conference. For fiscal year 2024 it reported $2.8M in revenue, $1.6M in expenses, and $6.2M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$2.8M
Pt VIII · Ln 12
Total expenses
$1.6M
Pt IX · Ln 25
Net assets
$6.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $1.2M
Where spending went · Part IX cols B–D
Program services $0.73 Management & general $0.14 Fundraising $0.13
Program efficiency
73%
of spending reaches programs▲ +1% vs prior filing year
Operating runway
46.2mo
months of highly liquid reserves at operating expense rate▲ +8% vs prior filing year
Surplus margin
+44%
revenue over expenses, this year▲ +720% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$2.8M
FY2024▲ +74%
Expenses
$1.6M
FY2024▲ +4%
Total assets
$6.3M
FY2024▲ +11%
Total liabilities
$117K
FY2024▼ -21%
Total revenue
$2.8M
Pt VIII · Ln 12
Total expenses
$1.6M
Pt IX · Ln 25
Net assets
$6.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$1.2M
Total assetsPt X · Ln 16$6.3M
Program-expense ratioPt IX · col B73%
Voting members of governing bodyPt I · Ln 319
Independent voting membersPt I · Ln 419
Mission & Programs · Part III

Where the work happens

3 program services account for $993K of program spending, described in the organization's own filed words · FY2024.
01

Chapters

The fulbright association supports 55 active chapters throughout the united states organized and operated by fulbright alumni volunteers. Chapters receive funds and guidance from the national association to plan outreach, enrichment and mentoring activities that serve visiting fulbright grantees, fulbright alumni and members of the…

$474Kprogram expense
02

The J.W. Fulbright prize is an award given annually to an individual or organization that has made outstanding contributions toward bringing peoples, cultures, or nations to greater understanding of others.

$294Kprogram expense
03

The fulbright association holds an annual conference that highlights academic research, lifetime achievement and chapter awards.

$224Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFulbright Association INC
EINHdr · item D52-1821935
Principal addressHdr · item CWashington, DC
WebsiteHdr · item Jwww.fulbright.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q032)
Ruling yearIRS BMFMar 1999

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a19
Independent voting membersPt VI · Ln 1b19
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$137,547Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Governance Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

John Bader’s $138K as Executive Director is at the 51st percentile of top reported officer pay among 1169 $1–10M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
John Bader$137,547$136,006$132,984$126,281$125,446

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$1.5M · 53%
Investment income$1.2M · 41%
Program service revenue$156K · 6%
Other revenue$20K · 1%
Contributions & grants53%$1.5M
Investment income41%$1.2M
Program service revenue6%$156K
Other revenue1%$20K
Total revenueLn 12$2.8M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.73 Management & general $0.14 Fundraising $0.13
Program services73%$1.2M
Management & general14%$224K
Fundraising13%$205K
Total functional expensesLn 25$1.6M

Balance Sheet

Part X · end of year
CashLn 1$386K
Total assetsLn 16$6.3M
Total liabilitiesLn 26$117K
Total net assetsLn 32$6.2M
Months of cash on handcomputed2.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $6.2M · Operating expenses/yr $1.6M
46.2 months
Where the money goes
Program services
Program services $1.2M · Total expenses $1.6M
73%
Management & General
Management & general $224K · Total expenses $1.6M
14%
Fundraising
Fundraising $205K · Total expenses $1.6M
13%
Cost to raise $1
Fundraising expense (3-yr avg) $190K · Solicited contributions (3-yr avg) $1.3M
$0.15 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.5M · Total revenue $2.8M
53%
Government reliance
Government grants — · Total revenue $2.8M
Earned-income share
Program service revenue $156K · Total revenue $2.8M
6%
Investment reliance
Investment income $1.2M · Total revenue $2.8M
+41%
Program self-sufficiency
Program service revenue $156K · Total expenses $1.6M
10%
Growth & trend
Revenue growth (YoY)
This year $2.8M · Prior year $1.6M
+74%
Revenue CAGR
FY2020 $1.1M · FY2024 $2.8M
+28%
Net-asset trend (YoY)
End of year $6.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.8M · Expenses $1.6M
+44%
Liabilities-to-Assets
Total liabilities — · Total assets $6.3M
Net-asset ratio
Net assets $6.2M · Total assets $6.3M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $5.8M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $6.3M
92%
People & payroll
Highest Reported Total Compensation
Individual John Bader · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $138K · Total expenses $1.6M
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $635K · Total expenses $1.6M
40%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 73%
Overhead ratio 14%
Fundraising cost ratio 14%
Revenue growth 74%
Accounting fee ratio 6%

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 · received and paid
Grants received · FY2024
ADP FoundationFY2024$25K
Total grants receivedfrom 4 funders$167K
See all 4 funders →
Grants paid · 17 grants · $248K · 2022–2024
WaterorgMO · FY2024$50,000
Minnesota ChapterMN · FY2024$11,126
Georgia ChapterGA · FY2024$8,250
Colorado ChapterCO · FY2024$5,860
Houston Southeast Texas ChapterFY2024$5,675
New Hampshire ChapterNH · FY2024$5,250
Unitemized GrantFY2023$25,000
Unitemized GrantFY2023$20,000
Minnesota ChaperMN · FY2023$8,703
Oregon ChapterFY2023$7,387
Massachusets ChapterFY2023$7,010
Colorado ChapterCO · FY2023$6,805
Greater Los Angeles ChapterCA · FY2023$6,700
The One CampaignDC · FY2022$50,000

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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)$2.8M revenue · viewing · ⤓ 990 PDF
FY2023$1.6M revenue · ⤓ 990 PDF
FY2022$1.5M revenue · ⤓ 990 PDF
FY2021$1.3M revenue · ⤓ 990 PDF
FY2020$1.1M 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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