Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1980.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
48 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
19 people listed on the 990.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Promotes Angelo State University through various initiatives and support.
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Other Program Services
Services and scholarships to angelo state university and membership development including advertising, personnel expenses, and retail sales.
Special Event (ram Jam)
Each saturday leading up to a football game the association hosts a pre-game cookout to entertain fans before kick-off. Fans may bring personal grills for tailgaiting and complimentary food and beverages are provided for members of the association. Local bands provide entertainment and door prizes are provided by a local radio station.
Homecoming Dinner
The association hosts a homecoming dinner as part of the asu homecoming festivities. During the dinner the association recognizes distinquished alumni, honorary alumni, and oustanding faculty, staff, and students.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $18K | $0 |
| InvestmentsLn 11–13 | $496K | $0 |
| Land, buildings, equipmentLn 10c | $1.1M | $0 |
| Total assetsLn 16 | $1.7M | $0 |
| LiabilitiesLn 26 | $118K | $0 |
| Net assetsLn 32 | $1.5M | $0 |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $3K | $2K | $2K | |
| Payroll taxesLn 10 | $260 | $130 | $130 | |
| Accounting feesLn 11c | $47K | $47K | ||
| Investment management feesLn 11f | $4K | $4K | ||
| Office expensesLn 13 | $4K | $4K | ||
| Depreciation, depletion and amortizationLn 22 | $82K | $41K | $41K | |
| Other expenses (24a–d)Ln 24 | $57K | $50K | $7K | |
| All other expensesLn 24e | $2K | $2K | $366 | |
| Total functional expensesLn 25 | $199K | $95K | $104K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 | $218K | $196K | $22K | $1.5M | 990 PDF |
| FY2023 | $100K | $148K | −$48K | $1.5M | 990 PDF |
| FY2022 | $162K | $171K | −$9K | $1.5M | 990 PDF |
| FY2021 | $159K | $132K | $27K | $1.6M | 990 PDF |
| FY2020 | $134K | $164K | −$30K | $1.6M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $250,632 revenue, 12 lines filed
Part VI · Governance 17 of 18 board members independent, 3 to look at
Part VIII · Statement of revenue $250,632 across 10 lines filed
Part IX · Statement of functional expenses $199,097 across 8 lines filed
Part X · Balance sheet $0 assets, 19 lines filed
Part XI · Reconciliation of net assets $0 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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