Albion High School Alumni Foud Inc
- Assets
- $2.5m
- Revenue
- $240.8k
- Investments
- $2.3m
- Employees
- 0
- Location
- Albion, NY
- Founding
- 07/1989
- Data as of
- 12/2023
- EIN
- 22-2925068
Organization Overview
Albion High School Alumni Foud Inc is located in Albion, NY. The organization was established in 1989. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Albion High School Alumni Foud Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Albion High School Alumni Foud Inc generated $240.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $182.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Albion High School Alumni Foud Inc has awarded 420 individual grants totaling $969,077. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING SCHOLARSHIPS TO FORMER ALBION HIGH SCHOOL STUDENTS.
PROGRAM SUPPORT FOR ALBION HIGH SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Hicks President | 5 | $0 | |
Susan Starkweather Miller Vice President | 5 | $0 | |
Laura Simboli Treasurer | 5 | $0 | |
Amy Sherman Secretary | 5 | $0 | |
Leah Gates Director | 1 | $0 | |
Marsha Rivers Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $136,098 |
| Interest on Savings | $22,728 |
| Dividends & Interest | $52,583 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,790 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $32,180 |
| Total Revenue | $240,799 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $631 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $224 |
| Other expenses | $21,209 |
| Total operating and administrative expenses | $37,636 |
| Contributions, gifts, grants paid | $144,925 |
| Total expenses and disbursements | $182,561 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $110,956 |
| Savings and temporary cash investments | $126,040 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $1,500 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,514,241 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $228,525 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $228,525 |
Grants Awarded
Over the last fiscal year, Albion High School Alumni Foud Inc has awarded $144,925 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
JILLIAN RAY PURPOSE: EDUCATION | $1,250 |
KEYONNA HAMILTON PURPOSE: EDUCATION | $300 |
HAILEY CRAWFORD PURPOSE: EDUCATION | $3,900 |
JAVON JONES PURPOSE: EDUCATION | $2,000 |
IRIS REYES PURPOSE: EDUCATION | $6,250 |
ETHAN MERRILL PURPOSE: EDUCATION | $500 |