Fairfield Chapter Of The Fairfield Industrial School Alumni Associati
- Assets
- $327.0k
- Revenue
- $138.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Fairfield, AL
- Founding
- 03/1989
- Data as of
- 12/2021
- EIN
- 63-0817805
Organization Overview
Fairfield Chapter Of The Fairfield Industrial School Alumni Associati, operating under the name Fairfield Chapter, is located in Fairfield, AL. 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. Fairfield Chapter 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 12/2021, Fairfield Chapter generated $138.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 32.1% each year . All expenses for the organization totaled $43.6k during the year ending 12/2021. While expenses have increased by 1.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
HIGH SCHOOL ALUMNI ASSOCIATION ESTABLSHED TO SUPPORT THE FAIRFIELD SCHOOL SYSTEM, PROVIDE COLLEGE SCHOLARSHIPS, AND PERSERVE THE HISTORICAL SIGNIFICANT OF EARLY AFRO- AMERICAN EDUCATORS, INSTITUTIONS, AND LEGACIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTED $15,300 FROM OUR HOMECOMING ACTIVITIES TO THE FAIRFIELD SCHOOL SYSTEM TO INCLUDE THE SENIOR BREAKFAST, FOOTBALL TEAM, AND ALL ATHLETIC PROGRAMS. PROCEEDS WERE COLLECTED FROM CLASS CONTRIBUTIONS, OTHER ALUMNUS, THE COMMUNITY OF FAIRFIELD BUSINESS VENUES, AND SUPPORTING HOMECOMING WEEK ACTIVITIES.
PROVIDE TWO DEMETRUIS NEWTON ONE THOUSAND DOLLAR COLLEGE SCHOLARSHIP TO GRADUATING HIGH SCHOOL STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alvin Newton Treasurer | Officer | 4 | $0 |
Carolyn J Thomas Recording Secretary | Officer | 4 | $0 |
Elise Mclin Financial Secretary | Officer | 4 | $0 |
Lucy Nash Vice President | Officer | 2 | $0 |
Sidney Brewer President | Officer | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,750 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,250 |
| Total Program Service Revenue | $121,840 |
| Investment income | $9 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,258 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,143 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $138,500 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $583 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,326 |
| Office expenses | $926 |
| Information technology | $1,663 |
| Royalties | $0 |
| Occupancy | $12,194 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $450 |
| Interest | $2,197 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,986 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $43,625 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,071 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $256,682 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,264 |
| Total assets | $327,017 |
| Accounts payable and accrued expenses | $5,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $98,804 |
| Other liabilities | $0 |
| Total liabilities | $103,804 |
| Net assets without donor restrictions | $223,213 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $327,017 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fairfield Chapter Of The Fairfield Industrial School Alumni Associati has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
Alabama Power Foundation Inc Birmingham, AL PURPOSE: GENERAL/OPERATING | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Tech Alumni Association Inc Atlanta, GA | $3,190,672 | $7,936,222 |
University Of Alabama Alumni Assoc Alumni Hall Tuscaloosa, AL | $63,747,922 | $7,156,369 |
University Of Florida Alumni Association Inc Gainesville, FL | $0 | $2,776,539 |
Alumni Association Of The University Of Mississippi Oxford, MS | $10,836,240 | $2,076,893 |
University Of South Florida Alumni Association Inc Tampa, FL | $10,823,849 | $2,834,575 |
Florida State University Alumni Association Tallahassee, FL | $5,180,580 | $3,503,983 |
Mississippi State University Alumni Inc Mississippi State, MS | $2,835,779 | $1,848,662 |
Itba Alumni Foundation Inc Miami, FL | $3,754 | $1,559,691 |
University Of Southern Mississippi Alumni Association Hattiesburg, MS | $2,761,088 | $617,105 |
The Florida A & M University National Alumni Association Inc Tallahassee, FL | $2,980,396 | $1,234,088 |
Alpha Tau Omega-Gamma Rho Housing Corporation Franklin, TN | $613,479 | $784,389 |
Georgia State University Alumni Association Inc Atlanta, GA | $2,108,070 | $718,329 |