Trustees of Princeton University - Alumni Organizations and Classes
Nonprofit profile at a glance
- EIN
- 222711242
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024
- Location
- Princeton, NJ, USA
- Phone
- 6092583080
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Alumni Associations
Reported finances
- Revenue
- $2,837,192
- Expenses
- $1,809,412
- Assets
- $9,241,296
- Liabilities
- $158,134
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- James R Hillier (President, Class of 1959)
- Jiwon K Tilghman (Vice President, Class of 2009)
- Mo M Chen (Vice President, Princeton Area Alumni Assoc.)
- Patrick M Rounds (President, Class of 2015)
- Rahsaan K Harris (President, Class of 1995)
- William M Hardt (President, Class of 1963)
Highest reported compensation
- Els N Paine (Treasurer, Class of 1986): $270,007 total reported compensation
- Evelyn M Doskoch (Secretary, Class of 2023): $212,428 total reported compensation
- Anuradha Vedantham (Former Treasurer, Asian American Alumni Association): $195,418 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The primary exempt purpose of the Princeton University organizations is to further the interests and welfare of Princeton University. The various organizations encourage support and help to promote the educational objectives, programs, and resources of the University. They keep alumni informed of current educational activities and help maintain close ties between the University and its alumni.
What it reported doing in 2024
Education and general - The alumni classes and regional organizations included in this return have approximately 51,107 members. These organizations, along with their regular meetings and reunions, support and further the interest and welfare of Princeton University, a private not-for-profit, non-sectarian institution of higher learning with approximately 5,700 undergraduate and 3,300 graduate students.
Operating model
- Revenue model
- Other-operating. 61% of the money available for current operations came from other operating revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 70% for direct work, and 30% for grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 75
- Accountability: 58
- Sustainability: 77
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 65.4%; rating input score 65
- Program expense ratio: 98.2%; rating input score 98
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 98.6%; rating input score 99; 27th percentile among comparable filings
- Governance controls: 0 of 9 controls in place; rating input score 0
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 36.2%; rating input score 87; 87th percentile among comparable filings
- Total-asset coverage ratio: 5.11; rating input score 84; 84th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 82; 82nd percentile among comparable filings
- Officer compensation ratio: 16.8%; rating input score 16; 16th percentile among comparable filings
Growth
- Program expense growth: 5% per year; rating input score 100; 40th percentile among comparable filings
- Revenue growth: 7% per year; rating input score 100; 54th percentile among comparable filings
- Asset growth: 9.4% per year; rating input score 100; 56th percentile among comparable filings
Details
- Where the money goes: 65.4% of revenue deployed · 98.2% of spending went to programs
- Governance: 643 of 652 board members independent · 0 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.8M in reported program spending
- Leadership: top reported pay $270K · 11 people listed · 0 of 6 pay-setting controls reported
- Consistency: 20 of 20 current checks pass
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 3 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.
- High — Accountability: Governance controls: 8 of 8 not reported.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Sustainability: Officer compensation ratio scored 16/100.