William M Raines National Alumni Association is located in Jacksonville, FL. The organization was established in 2015. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. William M Raines National Alumni Association 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, William M Raines National Alumni Association generated $33.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 23.8% each year . All expenses for the organization totaled $43.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
CONTINUE THE OUTSTANDING LEGACY THROUGH OUTSTANDING EFFORTS THAT WILL FORGE AND STRENGTHEN ALUMNI RELATIONSHIPS, ASSIST STUDENTS BY PROVIDING SCHOLARSHIPS, SUPPORTING GOODWILL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Alexis J Barnes Secretary | 10 | $0 | |
Venus Highsmith President | 20 | $0 | |
Michelle Ragans Director | 1 | $0 | |
David Thomas Director | 1 | $0 | |
Ken Covington Treasurer | 1 | $0 | |
Jesse L Wilcox Vice President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $24,262 |
Total Program Service Revenue | $0 |
Membership dues | $2,269 |
Investment income | $48 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $6,804 |
Other Revenue | $0 |
Total Revenue | $33,383 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $3,336 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $688 |
Other expenses | $8,159 |
Total expenses | $43,483 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $37,732 |
Other assets | $0 |
Total assets | $37,732 |
Total liabilities | $0 |
Net assets or fund balances | $37,732 |