Penn State Alumni Association
Penn State Alumni Association maintains stable finances with consistent surpluses and zero liabilities.
EIN: 203099942 · Avon, CT · NTEE: B84 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $191K |
| Total Expenses | $181K |
| Program Spending | 85% |
| Net Assets | $27K |
| Transparency Score | 85/100 |
Is Penn State Alumni Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Penn State Alumni Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Penn State Alumni Association
Penn State Alumni Association (EIN: 203099942) is a nonprofit organization based in Avon, CT, classified under NTEE code B84. The organization reported total revenue of $191K and total assets of $39K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Penn State Alumni Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Penn State Alumni Association is a small nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $187K |
| Total Expenses | $181K |
| Surplus / Deficit | +$6K |
| Total Assets | $27K |
| Net Assets | $27K |
| Operating Margin | 3.1% |
| Months of Reserves | 1.8 months |
Financial Health Grade: A
In 2024, Penn State Alumni Association reported a surplus of $6K with revenue exceeding expenses, holds 1.8 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2012–2024), Penn State Alumni Association's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +7.2% | +6.5% | +28.0% |
| 2023 | +79.2% | +72.9% | +25.5% |
| 2022 | +1859.4% | +207.2% | -6.7% |
| 2021 | -95.5% | -60.7% | -60.1% |
| 2020 | -18.8% | -39.7% | +160.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Penn State Alumni Association with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Penn State Alumni Association allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
Executive Compensation Analysis
Officer compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated by a related entity, which is a positive sign for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Penn State Alumni Association's IRS 990 filings:
- Lack of detailed functional expense breakdown in provided data, making precise spending efficiency analysis challenging.
Strengths
The following positive indicators were identified for Penn State Alumni Association:
- Consistent financial surpluses in recent years (e.g., 202406, 202306).
- Zero liabilities reported across all 13 filings, indicating strong financial health.
- No officer compensation reported, suggesting efficient use of funds for mission-related activities.
- Growing asset base, demonstrating accumulation of resources.
- Robust IRS 990 filing history, indicating strong compliance and transparency.
Frequently Asked Questions about Penn State Alumni Association
Is Penn State Alumni Association a legitimate charity?
Penn State Alumni Association (EIN: 203099942) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $191K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Penn State Alumni Association spend its money?
Penn State Alumni Association directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Penn State Alumni Association tax-deductible?
Penn State Alumni Association is registered as a tax-exempt nonprofit (EIN: 203099942). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Penn State Alumni Association's spending goes to programs?
Penn State Alumni Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Penn State Alumni Association compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Penn State Alumni Association is above average for NTEE category B84 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Penn State Alumni Association located?
Penn State Alumni Association is headquartered in Avon, Connecticut and files with the IRS under EIN 203099942. It is classified under NTEE code B84.
How many years of IRS 990 filings does Penn State Alumni Association have?
Penn State Alumni Association has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $191K in total revenue.
Is the Penn State Alumni Association a good charity?
Based on the provided financial data, the Penn State Alumni Association appears to be a financially stable organization with consistent surpluses, growing assets, and zero liabilities. The absence of officer compensation is a strong positive indicator of efficient resource allocation towards its mission.
How does the organization manage its liabilities?
The organization consistently reports $0 in liabilities across all 13 available IRS 990 filings, indicating a very strong financial position and effective management of its obligations.
What is the trend in the organization's revenue and expenses?
The organization generally shows a positive trend with revenues exceeding expenses in most recent periods (e.g., 202406: Revenue $187,336, Expenses $181,456; 202306: Revenue $174,679, Expenses $170,415), indicating sustainable operations. There was a notable dip in revenue and a deficit in 202106 (Revenue $4,975, Expenses $32,092), but the organization has since recovered strongly.
How has the organization's asset base changed over time?
The organization's assets have shown a general upward trend, increasing from $14,912 in 201606 to $26,845 in 202406, demonstrating growth in its financial reserves.
Filing History
IRS 990 filing history for Penn State Alumni Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Penn State Alumni Association's revenue has grown by 49.7%, moving from $125K to $187K. Total assets increased by 20% over the same period, from $22K to $27K. Total functional expenses rose by 44.7%, from $125K to $181K. In its most recent filing year (2024), Penn State Alumni Association reported a surplus of $6K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $187K | $181K | $27K | $0 | — | — |
| 2023 | $175K | $170K | $21K | $0 | — | View 990 |
| 2022 | $97K | $99K | $17K | $0 | — | View 990 |
| 2021 | $5K | $32K | $18K | $0 | — | View 990 |
| 2020 | $109K | $82K | $45K | $0 | — | View 990 |
| 2019 | $135K | $135K | $17K | $0 | — | View 990 |
| 2018 | $134K | $159K | $18K | $0 | — | View 990 |
| 2017 | $138K | $111K | $42K | $0 | — | View 990 |
| 2016 | $133K | $136K | $15K | $0 | — | View 990 |
| 2015 | $133K | $131K | $17K | $0 | — | View 990 |
| 2014 | $118K | $150K | $15K | $0 | — | View 990 |
| 2013 | $129K | $104K | $47K | $0 | — | View 990 |
| 2012 | $125K | $125K | $22K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $187K, expenses of $181K, and assets of $27K (revenue +7.2% year-over-year).
- 2023: Revenue of $175K, expenses of $170K, and assets of $21K (revenue +79.2% year-over-year).
- 2022: Revenue of $97K, expenses of $99K, and assets of $17K (revenue +1859.4% year-over-year).
- 2021: Revenue of $5K, expenses of $32K, and assets of $18K (revenue -95.5% year-over-year).
- 2020: Revenue of $109K, expenses of $82K, and assets of $45K (revenue -18.8% year-over-year).
- 2019: Revenue of $135K, expenses of $135K, and assets of $17K (revenue +0.3% year-over-year).
- 2018: Revenue of $134K, expenses of $159K, and assets of $18K (revenue -2.8% year-over-year).
- 2017: Revenue of $138K, expenses of $111K, and assets of $42K (revenue +3.7% year-over-year).
- 2016: Revenue of $133K, expenses of $136K, and assets of $15K (revenue +0.4% year-over-year).
- 2015: Revenue of $133K, expenses of $131K, and assets of $17K (revenue +12.7% year-over-year).
- 2014: Revenue of $118K, expenses of $150K, and assets of $15K (revenue -8.4% year-over-year).
- 2013: Revenue of $129K, expenses of $104K, and assets of $47K (revenue +2.9% year-over-year).
- 2012: Revenue of $125K, expenses of $125K, and assets of $22K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Penn State Alumni Association:
Data Sources and Methodology
This transparency report for Penn State Alumni Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.