Longwood University Alumni Association

Nonprofit profile at a glance

EIN
540505600
IRS 990-EZ coverage
2009–2024
Forms available
Form 990-EZ 2024, Form 990-N 2008
Location
Farmville, VA, USA
Phone
4343952033
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$27,504
Expenses
$16,426
Assets
$69,742
Liabilities
$2,098

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

People named in this filing

  • HEATHER VANDYKE (DIRECTOR)
  • LYNNE CHAMBERS (DIRECTOR)
  • HARRON E FELLS (DIRECTOR)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of the association shall be to promote the interest of longwood university and to maintain among its graduates and former students a spirit of fellowship, services, and loyalty. The association is organized exclusively for charitable and educational purposes, including, for such purposes as the making of distributions to longwood university foundation that qualifies as an exempt organization under section 501(c)(3) of the internal revenue code of 1954 (or the corresponding provision of any future united states internal revenue law).

What it reported doing in 2024

The three largest programs that accomplish our purpose are our regional events program, our class and affinity group reunion program, and our print, electronic, and communication and engagement program. In all three of these programs we strive to engage alumni so they will give of their time, talents, and financial resources in the support of longwood university and its students.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 82
  • Sustainability: 74
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70%; rating input score 70
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 40.3%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 4.25; rating input score 81; 81st percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 24; 24th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -2.2% per year; rating input score 0; 42nd percentile among comparable filings
  • Revenue growth: 1.3% per year; rating input score 100; 57th percentile among comparable filings
  • Asset growth: -3.1% per year; rating input score 0; 28th percentile among comparable filings

Details

  • Where the money goes: 70% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $16K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 14 filing years from 2009 to 2024
  • 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 24/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.