Aaup Foundation EIN 80-0320933

Aaup Foundation

EIN  80-0320933 Supporting organization Washington, DC
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Advocates for academic freedom and quality higher education in a democratic society.
Leadership
Todd Wolfson · President
Money in and out
$741K revenue, $38K expenses
Bottom line
+95% net inflow

Advocates for academic freedom and quality higher education in a democratic society. For fiscal year 2024 it reported $741K in revenue, $38K in expenses, and $1.1M in net assets.Pt I

Money in and out · FY2024
Total revenue
$741K
Pt VIII · Ln 12
Total expenses
$38K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $702K
Where spending went · Part IX cols B–D
Program services $0.60 Management & general $0.13 Fundraising $0.27
Net inflow
+95%
revenue over expenses, this year▲ +278% vs prior filing year
Pass-through gifts
97%
of revenue from contributions▲ +12% vs prior filing year
Program spending
60%
of expenses reach stated programs▼ -12% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$741K
FY2024▲ ×12
Expenses
$38K
FY2024▼ -60%
Total assets
$1.4M
FY2024▲ +104%
Total liabilities
$291K
FY2024▼ -6%
Total revenue
$741K
Pt VIII · Ln 12
Total expenses
$38K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$702K
Total assetsPt X · Ln 16$1.4M
Program-expense ratioPt IX · col B60%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

3 program services account for $23K of program spending, described in the organization's own filed words · FY2024.
01

The other grants program consists of several restrictively purposed funds. The mary burgan fund subsidizes travel by aaup staff or members to conferences relevant to aaup issues. The konheim travel fund helps chapters send members to the aaup biennial conference.

$14Kprogram expense
02

The academic freedom program supports projects that safeguard academic freedom to encourage free inquiry, promote the expansion of knowledge, and create an environment in which learning and research can flourish, thereby enhancing the quality of higher education and benefiting society.

$8Kprogram expense
03

Communicationthe communications program supports disseminating information to the public about the organization's mission and supported funds, through online communications and media outlets.

$983program expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAaup Foundation
EINHdr · item D80-0320933
Principal addressHdr · item CWashington, DC
WebsiteHdr · item Jwww.aaupfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFApr 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary-Treasurer
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary-Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$720K · 97%
Investment income$19K · 3%
Contributions & grants97%$720K
Investment income3%$19K
Other revenue$1K
Total revenueLn 12$741K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.60 Management & general $0.13 Fundraising $0.27
Program services60%$23K
Management & general13%$5K
Fundraising27%$10K
Total functional expensesLn 25$38K

Balance Sheet

Part X · end of year
CashLn 1$959K
Total assetsLn 16$1.4M
Total liabilitiesLn 26$291K
Total net assetsLn 32$1.1M
Months of cash on handcomputed300.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.4M · Operating expenses/yr $38K
450.8 months
Where the money goes
Program services
Program services $23K · Total expenses $38K
60%
Management & General
Management & general $5K · Total expenses $38K
13%
Fundraising
Fundraising $10K · Total expenses $38K
27%
Cost to raise $1
Fundraising expense (3-yr avg) $9K · Solicited contributions (3-yr avg) $286K
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $720K · Total revenue $741K
97%
Government reliance
Government grants — · Total revenue $741K
Earned-income share
Program service revenue $0 · Total revenue $741K
0%
Investment reliance
Investment income $19K · Total revenue $741K
+3%
Program self-sufficiency
Program service revenue $0 · Total expenses $38K
0%
Growth & trend
Revenue growth (YoY)
This year $741K · Prior year $62K
×12
Revenue CAGR
FY2020 $109K · FY2024 $741K
+61%
Net-asset trend (YoY)
End of year $1.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $741K · Expenses $38K
+95%
Liabilities-to-Assets
Total liabilities — · Total assets $1.4M
Net-asset ratio
Net assets $1.1M · Total assets $1.4M
80%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $479K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.4M
33%
People & payroll
Highest Reported Total Compensation
Individual Todd Wolfson · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $38K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $38K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 60%
Overhead ratio 13%
Fundraising cost ratio 1%
Revenue growth ×12
Investment management fee ratio 0%
Legal fee ratio 5%

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
Total grants receivedfrom 2 funders$706K
Grants paid · 6 grants · $367K · 2020–2024
Western Michigan University AaupFY2024$13,673
Trinity CollegeCT · FY2021$18,962

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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)$741K revenue · viewing · ⤓ 990 PDF
FY2023$62K revenue · ⤓ 990 PDF
FY2022$92K revenue · ⤓ 990 PDF
FY2021$133K revenue · ⤓ 990 PDF
FY2020$109K 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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