Aaup Foundation EIN 80-0320933

Aaup Foundation FY2023 filing

EIN  80-0320933 Supporting organization Washington, DC
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Advocates for academic freedom and quality higher education in a democratic society.
Leadership
Irene Mulvey · President
Money in and out
$62K revenue, $96K expenses
Bottom line
-53% net inflow

Advocates for academic freedom and quality higher education in a democratic society. For fiscal year 2023 it reported $62K in revenue, $96K in expenses, and $396K in net assets.Pt I

Money in and out · FY2023
Total revenue
$62K
Pt VIII · Ln 12
Total expenses
$96K
Pt IX · Ln 25
Net assets
$396K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$33K
Where spending went · Part IX cols B–D
Program services $0.68 Management & general $0.23 Fundraising $0.09
Net inflow
-53%
revenue over expenses, this year
Pass-through gifts
87%
of revenue from contributions
Program spending
68%
of expenses reach stated programs

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$62K
FY2023▼ -32%
Expenses
$96K
FY2023▼ -48%
Total assets
$704K
FY2023▲ +3%
Total liabilities
$308K
FY2023▼ -4%
Total revenue
$62K
Pt VIII · Ln 12
Total expenses
$96K
Pt IX · Ln 25
Net assets
$396K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$33K
Total assetsPt X · Ln 16$704K
Program-expense ratioPt IX · col B68%
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 $65K of program spending, described in the organization's own filed words · FY2023.
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.

$46Kprogram 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.

$17Kprogram 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.

$2Kprogram 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
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$54K · 87%
Investment income$8K · 13%
Contributions & grants87%$54K
Investment income13%$8K
Total revenueLn 12$62K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.68 Management & general $0.23 Fundraising $0.09
Program services68%$65K
Management & general23%$22K
Fundraising9%$8K
Total functional expensesLn 25$96K

Balance Sheet

Part X · end of year
CashLn 1$267K
Total assetsLn 16$704K
Total liabilitiesLn 26$308K
Total net assetsLn 32$396K
Months of cash on handcomputed33.5

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $704K · Operating expenses/yr $96K
88.4 months
Where the money goes
Program services
Program services $65K · Total expenses $96K
68%
Management & General
Management & general $22K · Total expenses $96K
23%
Fundraising
Fundraising $8K · Total expenses $96K
9%
Cost to raise $1
Fundraising expense (3-yr avg) $9K · Solicited contributions (3-yr avg) $76K
$0.11 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $54K · Total revenue $62K
87%
Government reliance
Government grants — · Total revenue $62K
Earned-income share
Program service revenue $0 · Total revenue $62K
0%
Investment reliance
Investment income $8K · Total revenue $62K
+13%
Program self-sufficiency
Program service revenue $0 · Total expenses $96K
0%
Growth & trend
Revenue growth (YoY)
This year $62K · Prior year $92K
-32%
Net-asset trend (YoY)
End of year $396K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $62K · Expenses $96K
-53%
Liabilities-to-Assets
Total liabilities — · Total assets $704K
Net-asset ratio
Net assets $396K · Total assets $704K
56%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $437K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $704K
62%
People & payroll
Highest Reported Total Compensation
Individual Irene Mulvey · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $96K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $96K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 68%
Overhead ratio 23%
Fundraising cost ratio 15%
Revenue growth -32%
Investment management fee ratio 1%

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 · ⤓ 990 PDF
FY2023$62K revenue · viewing · ⤓ 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) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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