Alumni Association California Institute Of Technology
- Assets
- $9.7m
- Revenue
- $447.0k
- Investments
- $9.5m
- Employees
- 0
- Location
- Pasadena, CA
- Founding
- 08/2001
- Data as of
- 09/2021
- EIN
- 95-6047395
Organization Overview
Alumni Association California Institute Of Technology is located in Pasadena, CA. The organization was established in 2001. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Alumni Association California Institute Of Technology 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 09/2021, Alumni Association California Institute Of Technology generated $447.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $453.2k during the year ending 09/2021. 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
TO ENSURE THE SUCCESS AND WELL-BEING OF EVERY MEMBER OF THE CALTECH ALUMNI COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALUMNI WEEKEND & REUNION: THE 2020 REUNION WEEKEND WAS HELD VIRTUALLY AND PROVIDED SOCIAL OPPORTUNITIES AND FELLOWSHIP WITH FELLOW ALUMNI. ALUMNI FROM THE UNDERGRADUATE CLASSES OF 2020, 2015, 2010, 2005, 2000, 1995, 1990, 1985, 1980, 1975, 1970, 1965, 1960, 1955, AND 1950 CAME TOGETHER VIRTUALLY AND SHARED CALTECH MEMORIES AND PERSONAL UPDATES FROM AROUND THE WORLD.
COMMUNICATIONS, ONLINE PROGRAMS, AND SUPPORT SERVICES: IN ADDITION TO REGULAR ELECTRONIC COMMUNICATIONS, FUNDS ARE FURNISHED TO PUBLISH THE ANNUAL ALUMNI MAGAZINE "TECHER" WITH PRINT COPIES SENT TO MORE THAN 18,000 U.S. ALUMNI AND ELECTRONICALLY TO ALL INTERNATIONAL ALUMNI. THE CAA ALSO HOSTS WEBINARS AND ONLINE PROGRAMS FOR CONTINUING EDUCATION, ENRICHMENT AND PROFESSIONAL DEVELOPMENT. IN MARCH 2021, CALTECH ALUMNI LAUNCHED AN ENTIRELY RE-ENVISIONED WEBSITE, DESIGNED TO BE MORE ENGAGING WITH THE AUDIENCE AND IMPROVE COMMUNICATION WITH CONSTITUENTS. AT THE SAME TIME, CALTECH ALUMNI LAUNCHED AN ALUMNI PORTAL, FOCUSED ON MAKING CAREER CONNECTIONS AMONG ALUMNI AND OFFERING ORGANIZATION TOOLS FOR GROUPS WITHIN THE ALUMNI POPULATION.
SEMINAR DAY: THIS ANNUAL ACADEMIC SEMINAR DAY WAS HELD ONLINE VIA ZOOM IN MAY 2021. SEMINAR DAY ENABLES ALUMNI AND GUESTS TO BE INFORMED OF THE CURRENT RESEARCH AND VITAL TOPICS, PRESENTED BY CALTECH ALUMNI AND FACULTY. DUE TO THE COVID PANDEMIC, THE 2021 EVENT WAS HELD VIRTUALLY WITH FOUR DIFFERENT SESSIONS AVAILABLE FOR VIEWING, INCLUDING THE SUPERMASSIVE BLACKHOLE STORY; BLOOD, SWEAT, AND TEARS, MEET YOUR BEST FRIEND: AI; PHOTOACOUSTIC IMAGING: FROM ORGANELLES TO CANCER PATIENTS; AND IS THERE LIFE BEYOND EARTH? FOR THE FIRST TIME, THE CALTECH ALUMNI ASSOCIATION PRESENTED VIRTUAL CONVERSATIONS WITH RECIPIENTS OF THE DISTINGUISED ALUMNI AWARD RECIPIENTS. THE INTERVIEWS DREW EXCELLENT ATTENDANCE AND CONTINUE TO BE AVAILABLE ONLINE FOR ANYONE WHO COULD NOT ATTEND THE LIVE EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Karasek Vice President | OfficerTrustee | 5 | $0 |
Jeanne Hartshorn Treasurer | OfficerTrustee | 3 | $0 |
Satoshi Ohtake President | OfficerTrustee | 10 | $0 |
Christie Canaria Secretary | OfficerTrustee | 3 | $0 |
Ralph Amos Executive Dir. | Officer | 25 | $0 |
Jennifer Blank Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $246,197 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $246,197 |
| Total Program Service Revenue | $1,730 |
| Investment income | $199,096 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $447,023 |
| 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 | $16,545 |
| Fees for services: Accounting | $48,565 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $221,525 |
| Advertising and promotion | $36,331 |
| Office expenses | $14,329 |
| Information technology | $55,473 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $363 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,099 |
| Insurance | $0 |
| All other expenses | $2,203 |
| Total functional expenses | $453,154 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $225 |
| Savings and temporary cash investments | $132,182 |
| 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 | $1,965 |
| Net Land, buildings, and equipment | $46,249 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $9,519,401 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,500 |
| Total assets | $9,707,522 |
| Accounts payable and accrued expenses | $30,740 |
| 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 | $0 |
| Other liabilities | $226,696 |
| Total liabilities | $257,436 |
| Net assets without donor restrictions | $9,450,086 |
| 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 | $9,707,522 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Alumni Association California Institute Of Technology has recieved totaling $15,200.
| Awarding Organization | Amount |
|---|---|
Parker Family Foundation Winters, CA PURPOSE: GENERAL SUPPORT | $15,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
U C San Diego Foundation La Jolla, CA | $1,658,962,820 | $199,905,173 |
California State University Fresno Foundation Fresno, CA | $305,581,286 | $82,049,002 |
University Of Hawaii Foundation Honolulu, HI | $548,406,506 | $76,733,850 |
University Corporation At Monterey Bay Seaside, CA | $199,917,843 | $49,155,763 |
San Jose State University Research Foundation San Jose, CA | $57,091,451 | $53,661,013 |
University Of Nevada-Reno Foundation Reno, NV | $310,760,494 | $35,673,494 |
The U C Davis Foundation Davis, CA | $716,342,130 | $110,976,640 |
Southwestern Law School Los Angeles, CA | $126,801,745 | $54,692,632 |
Associated Students Ucla Los Angeles, CA | $54,580,827 | $39,327,069 |
Csu Fullerton Auxiliary Services Corporation Fullerton, CA | $104,352,109 | $45,637,535 |
New Schools Fund Oakland, CA | $55,397,321 | $41,218,694 |
Chico State Enterprises Chico, CA | $47,170,077 | $46,861,327 |