William Paterson University of New Jersey Alumni Association

Nonprofit profile at a glance

EIN
237117036
IRS 990-EZ coverage
2023–2024
Forms available
Form 990 2022, Form 990-EZ 2024
Location
Wayne, NJ, USA
Phone
9737202176
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Alumni Associations

Reported finances

Revenue
$192,288
Expenses
$212,327
Assets
$71,183
Liabilities
$0

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

Leadership & pay

12 people listed

Executive titles in this filing

  • JENNA VILLANI (EXECUTIVE DIRECTOR)
  • DOMENICO DIMAIO (PRESIDENT)
  • ANDREW FACCONE (VICE PRESIDENT)

People named in this filing

  • JENNA VILLANI (EXECUTIVE DIRECTOR)
  • ROY GARCIA (ASST. VP, ALUMNI ENGAGEMENT & PHIL.)
  • DOMENICO DIMAIO (PRESIDENT)

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 william paterson alumni association is dedicated to:- promoting william paterson university by connecting with members.- providing opportunities for members to interact with the university in order to advance their personal and professional growth.- creating awareness and loyalty through philanthropy and service in support of the ideals of the university.

What it reported doing in 2024

The william paterson university alumni association awards scholarships to william paterson university students who show academic excellence and demonstrate financial need. The association also awards grants to university faculty and staff to enhance student activities, academic programs and student financial support. The association maintains contact with nearly 92,000 alumni by sponsoring reunions and special events, offering print and electronic communications, and marketing various social media platforms designed to meet the needs of its constituency and foster a sense of community.

Operating model

Revenue model
Donor-supported. 77% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 100
  • Sustainability: 25
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80.9%; rating input score 81
  • Program expense ratio: 69.8%; rating input score 70

Transparency & Controls

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

Sustainability

  • Operating margin: -10.4%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 0.34; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 34.7%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: 94.5% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 1.2% per year; rating input score 100; 26th percentile among comparable filings
  • Asset growth: -15.1% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 80.9% of revenue deployed · 69.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $148K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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 — Sustainability: Operating margin scored 15/100.
  • High — Sustainability: Total-asset coverage ratio scored 28/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.