University of Nevada Alumni Association

Nonprofit profile at a glance

EIN
880103531
IRS 990 coverage
2022–2024
Forms available
Form 990 2024, Form 990-N 2021
Location
Reno, NV, USA
Phone
7757841587
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$519,306
Expenses
$528,051
Assets
$141,885
Liabilities
$4,885

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

Leadership & pay

31 people listed

Executive titles in this filing

  • Mike Hix (President)
  • Bryan McArdle (Past-President)
  • Christina Stoever Young (President-Elect)
  • Jennifer Hill (Vice President)
  • Tiffany McMacken (Vice President)
  • Cher Fesenmaier (Vice President)

Highest reported compensation

  • Amy Carothers (Executive Director Alumni Engagement): $193,400 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 Nevada Alumni Association is here to foster and cultivate a common bond of pride, affinity and connection among alumni, students, prospective students and friends of the University of Nevada, Reno through quality programs, services and events.

What it reported doing in 2024

Alumni Programs: In FY 2025, the Nevada Alumni Association offered more than 200 opportunities for alumni to engage with the University of Nevada. These initiatives included events such as pregame parties, Homecoming activities, family picnics and more. Additional opportunities included career mentoring, an international travel program, a dues-paying membership program, lifelong learning webinars (both professional and personal), a virtual book club and management of 25 alumni chapters, each offering unique programming and events. The Alumni Association also awards scholarships not only for the organization, but also on behalf of chapters and class endowments.

Operating model

Revenue model
Affiliate-supported. 77% of the money available for current operations came from contributions from related organizations.
Distribution model
Hybrid. The nonprofit split its reported program spending across 78% for direct work, and 22% for grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 71
  • Accountability: 90
  • Sustainability: 31
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.1%; rating input score 87
  • Program expense ratio: 85.7%; rating input score 86
  • 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; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -1.7%; rating input score 31; 31st percentile among comparable filings
  • Total-asset coverage ratio: 0.27; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 57; 57th percentile among comparable filings
  • Officer compensation ratio: 7.1%; rating input score 47; 47th percentile among comparable filings

Growth

  • Program expense growth: 13.7% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: 10.7% per year; rating input score 100; 68th percentile among comparable filings
  • Asset growth: -26.4% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 87.1% of revenue deployed · 85.7% of spending went to programs
  • Governance: 24 of 24 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $452K in reported program spending
  • Leadership: top reported pay $193K · 31 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 23 of 23 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 5 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 — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • Moderate — Sustainability: Operating margin scored 31/100.
  • High — Sustainability: Total-asset coverage ratio scored 13/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 47/100.
  • Review — Sustainability: Liabilities to assets ratio scored 57/100.