Reagan Appointees Alumni Association is located in Draper, VA. The organization was established in 1988. 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. Reagan Appointees Alumni Association is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Reagan Appointees Alumni Association generated $39.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $26.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.3%) per year over the past 7 years. 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
SPONSORSHIP OF MEETINGS AND PUBLICATION OF MEMBER DIRECTORY TO PROMOTE PERSONAL CONTACTS AND COLLEGIAL EXCHANGEOF INFORMATION AMONG MEMBERS
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $39,190 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $39,195 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $6,560 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $15,900 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,367 |
| Other expenses | $984 |
| Total expenses | $26,811 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,617 |
| Other assets | $0 |
| Total assets | $27,617 |
| Total liabilities | $0 |
| Net assets or fund balances | $27,617 |