St Mary's Alumni Association
Nonprofit profile at a glance
- EIN
- 741742119
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024
- Location
- San Antonio, TX, USA
- Phone
- 2104363325
- Rating
- 57
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $425,180
- Expenses
- $321,864
- Assets
- $2,961,859
- Liabilities
- $70,663
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
38 people listed
Executive titles in this filing
- JOSE G RIVAS (PRESIDENT)
- MIKE MARTINEZ (PRESIDENT-ELECT)
- CHRISTINE FLORES (VICE PRESIDENT)
- SEAN STRATOR (PAST PRESIDENT)
- GERARDO SOTO JR (VICE PRESIDENT)
- JUAN CARRILLO (EXECUTIVE DIRECTOR - NON VOTING)
People named in this filing
- JOSE G RIVAS (PRESIDENT)
- JOHN D FIGUEROA (TREASURER)
- MIKE MARTINEZ (PRESIDENT-ELECT)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The association is operated exclusively for charitable, benevolent and educational purposes which directly benefit st. Mary's university. It supports programs for alumni, faculty and students of the university. It provides financial assistance to deserving students. It supports the general welfare of the university.
What it reported doing in 2024
Support of the welfare of st. Mary's university by donating funds to construction programs and to sustain ongoing student scholarship programs and initiate new scholarship programs.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 80% of its reported program spending out as grants.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of voting board members are independent and a relatively small share of available resources goes toward mission work.
Rating breakdown
- Financial Efficiency: 49
- Transparency & Controls: 90
- Accountability: 30
- Sustainability: 75
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 49.8%; rating input score 50
- Program expense ratio: 44%; rating input score 44
- Fundraising efficiency: $23.48 raised per $1 spent on fundraising; rating input score 62; 62nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 26th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- 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: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 24.3%; rating input score 78; 78th percentile among comparable filings
- Total-asset coverage ratio: 9.2; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 39; 39th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: -19% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: -37.6% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: 2.1% per year; rating input score 100; 34th percentile among comparable filings
Details
- Where the money goes: 49.8% of revenue deployed · 44% of spending went to programs
- Governance: 0 of 30 board members independent · 5 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $142K in reported program spending
- Leadership: top reported pay $0 · 38 people listed
- Highest-paid contractors: 5 contractors listed · $856K reported
- Consistency: 24 of 25 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors and grants
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 2 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Accountability: Independent voting board scored 0/100.
- Review — Financial Efficiency: Mission deployment rate scored 50/100.
- Moderate — Financial Efficiency: Program expense ratio scored 44/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 39/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.