Kennesaw State University Alumni Association
Nonprofit profile at a glance
- EIN
- 581306918
- IRS 990-EZ coverage
- 2009–2022
- Forms available
- Form 990-EZ 2022
- Location
- Kennesaw, GA, USA
- Phone
- 7704236333
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $22,038
- Expenses
- $38,781
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- TANJALON SOLOMON-LEWIS (PRESIDENT)
- CARIC MARTIN (VICE PRESIDENT)
- DAVID MCKOY (IMMEDIATE PAST PRESIDENT)
- LANCE BURCHETT (PRESIDENT'S DESIGNEE)
- FRANCES BEUSSE (EXECUTIVE DIRECTOR, ACE)
People named in this filing
- TANJALON SOLOMON-LEWIS (PRESIDENT)
- CARIC MARTIN (VICE PRESIDENT)
- VICTORIA BEBER (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote and facilitate educational activities for the alumni of kennesaw state university and to provide ksu alumni with value-added services, networking opportunities, affiliation programs, and access to ksu-wide events which ultimately unite alumni, the university, and the community at large.
What it reported doing in 2022
Grants in support of students of kennesaw state university. The associaton was dissolved effective june 30, 2023, and all operations will be continued via the ksu foundation.
Operating model
- Revenue model
- Earned-program. 92% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 12
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -76%; rating input score 10; 10th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -5.5% per year; rating input score 0; 38th percentile among comparable filings
- Revenue growth: -9.7% per year; rating input score 0; 27th percentile among comparable filings
- Asset growth: -0.1% per year; rating input score 0; 38th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $69K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 12 filing years from 2009 to 2022
- Contacts: How to reach this organization
- 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.
- Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- High — Sustainability: Operating margin scored 10/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.