Brown Alumni Association - Parent
Nonprofit profile at a glance
- EIN
- 056009633
- IRS 990 coverage
- 2009–2023
- Forms available
- Form 990 2023
- Location
- Providence, RI, USA
- Phone
- 4018631946
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Alumni Associations
Reported finances
- Revenue
- $367,742
- Expenses
- $319,161
- Assets
- $1,552,063
- Liabilities
- $71,445
Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
31 people listed
Executive titles in this filing
- AMRA SABIC-EL-RAYESS PHD (PRESIDENT)
- HARRY HOLT (PRESIDENT-ELECT)
People named in this filing
- AMRA SABIC-EL-RAYESS PHD (PRESIDENT)
- HARRY HOLT (PRESIDENT-ELECT)
- IVON RODRIGUEZ DE PEREZ (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The brown alumni association seeks to encourage alumni to participate actively in the brown community, to attend events, to volunteer, to create new ways for alumni to stay connected to brown and to contribute to the greatness of our university. Our vision is to involve the greatest possible number of alumni and alumnae with brown on an annual basis by creating a range of programs and services so appealing that alumni will seek to remain engaged with the university and each other. Consistent with the core values of community, education and service, the baa's programs and services should provide alumni with meaningful opportunities to: 1) continue the process of life-long learning 2) foster diversity and community, strengthening ties to brown and growing relationships with other alumni 3) receive valuable services to enhance their lives and careers 4) serve the university, other alumni, students and the community at large.
What it reported doing in 2023
Club programs & outreach: brown alumni association supports over 100 worldwide subsidiary chapters with programming that keeps club members involved in the brown university community. Event programming is both educational and social in nature, is designed to promote interest in brown university, and is delivered to both regional and multicultural alumni constituencies.
Operating model
- Revenue model
- Other-operating. 81% of the money available for current operations came from other operating revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 65% for direct work, and 35% for grants.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 54
- Transparency & Controls: 93
- Accountability: 82
- Sustainability: 67
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 60.9%; rating input score 61
- Program expense ratio: 60.1%; rating input score 60
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 13.2%; rating input score 66; 66th percentile among comparable filings
- Total-asset coverage ratio: 4.86; rating input score 79; 79th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 35; 35th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: -8.6% per year; rating input score 0; 13th percentile among comparable filings
- Revenue growth: -4.3% per year; rating input score 0; 13th percentile among comparable filings
- Asset growth: 2.2% per year; rating input score 100; 35th percentile among comparable filings
Details
- Where the money goes: 60.9% of revenue deployed · 60.1% of spending went to programs
- Governance: 31 of 31 board members independent · 4 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $192K in reported program spending
- Leadership: top reported pay $0 · 31 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 6 filed schedules · includes grants
- Filing history: 15 filing years from 2009 to 2023
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 4 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 35/100.