philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in
James Madison University Alumni Association EIN 54-1865843

James Madison University Alumni Association

EIN  54-1865843 Higher education institution Harrisonburg, VA Founded 1911
Form 990 (PDF) Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until James Madison University Alumni Association claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Connects alumni with the university to boost fundraising efforts.
Leadership
Allison M Brown · Treasurer
Money in and out
$191K revenue, $197K expenses
Bottom line
-3% operating surplus

Connects alumni with the university to boost fundraising efforts. For fiscal year 2024 it reported $191K in revenue, $197K in expenses, and $546K in net assets.Pt I

Financial scale & money flow · FY2024
Total revenue
$191K
Pt VIII · Ln 12
Total expenses
$197K
Pt IX · Ln 25
Net assets
$546K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$5K
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.08
Operating surplus
-3%
revenue over expenses, this legal entity▼ -175% vs prior filing year
Program spending
92%
of expenses reach program services▲ +24% vs prior filing year
Gift & grant revenue
1%
of revenue from contributions & grants▲ ×17 vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$191K
FY2024▲ +60%
Expenses
$197K
FY2024▲ +63%
Total assets
$552K
FY2024▼ -1%
Total liabilities
$5K
FY2024▲ +7%
Total revenue
$191K
Pt VIII · Ln 12
Total expenses
$197K
Pt IX · Ln 25
Net assets
$546K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$5K
Total assetsPt X · Ln 16$552K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 320
Independent voting membersPt I · Ln 420
Mission & Programs · Part III

Where the work happens

1 program service account for $181K of program spending, described in the organization's own filed words · FY2024.
01

Promote strong relationships between jmu and its alumni, thereby improving the university's fund raising efficiency and informing jmu's alumni of the university's financial and material needs.

$181Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CJames Madison University Alumni Association
EINHdr · item D54-1865843
Principal addressHdr · item CHarrisonburg, VA
WebsiteHdr · item Jwww.jmu.edu/alumni
Year of formationHdr · item L1911
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFColleges & Universities (B50Z)
Ruling yearIRS BMFNov 1998

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a20
Independent voting membersPt VI · Ln 1b20
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
John L Hughes III
Past Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
See James Madison University Alumni Association executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Program service revenue$159K · 83%
Other revenue$21K · 11%
Investment income$11K · 6%
Contributions & grants$1K · 1%
Program service revenue83%$159K
Other revenue11%$21K
Investment income6%$11K
Contributions & grants1%$1K
Total revenueLn 12$191K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.08
Program services92%$181K
Management & general8%$16K
Total functional expensesLn 25$197K

Balance Sheet

Part X · end of year
CashLn 1$550K
Total assetsLn 16$552K
Total liabilitiesLn 26$5K
Total net assetsLn 32$546K
Months of cash on handcomputed33.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $550K · Operating expenses/yr $197K
33.5 months
Where the money goes
Program services
Program services $181K · Total expenses $197K
92%
Management & General
Management & general $16K · Total expenses $197K
8%
Fundraising
Fundraising $0 · Total expenses $197K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $484
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $1K · Total revenue $191K
1%
Government reliance
Government grants — · Total revenue $191K
—
Earned-income share
Program service revenue $159K · Total revenue $191K
83%
Investment reliance
Investment income $11K · Total revenue $191K
+6%
Program self-sufficiency
Program service revenue $159K · Total expenses $197K
81%
Growth & trend
Revenue growth (YoY)
This year $191K · Prior year $120K
+60%
Revenue CAGR
FY2019 $197K · FY2024 $191K
-1%
Net-asset trend (YoY)
End of year $546K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $191K · Expenses $197K
-3%
Liabilities-to-Assets
Total liabilities — · Total assets $552K
—
Net-asset ratio
Net assets $546K · Total assets $552K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $552K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Allison M Brown · Reported title TREASURER · Highest reported compensation $0 · Total expenses $197K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $197K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 92%——
Overhead ratio 8%——
Revenue growth 60%——

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 · FY2021
Fidelity Investments Charitable Gift FundFY2021$20K
Total grants receivedfrom 1 funder$20K
Grants paid · 4 grants · $42K · 2019–2022
Jmu FoundationFY2022$13,636
Jmu FoundationFY2021$5,015
Jmu FoundationFY2020$13,000
Jmu FoundationFY2019$10,000

Similar Organizations

Closest in mission — by what they do
Peabody High School Alumni Association INCTN
Penn State Alumni AssociationPA
Alumni Association of the Universit of Massachusetts at Boston INCMA
Rutgers Law School Alumni AssociationNJ
Und Alumni Association and FoundationND
Rutgers Alumni AssociationNJ
See all organizations like James Madison University Alumni Association →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

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$120K revenue · ⤓ 990 PDF
FY2023$231K revenue · ⤓ 990 PDF
FY2022$246K revenue · ⤓ 990 PDF
FY2021$131K revenue · ⤓ 990 PDF
FY2020$197K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

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

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.