Civic Intelligence

Wellesley College Alumnae Association

EIN 04-2105817 • 501(c)3 • Wellesley, MA

Profile

To support the institutional priorities of wellesley college by connecting alumnae to the college and to each other. The association will serve as a lifelong resource to alumnae and will encourage alumnae to contribute to the continued excellence of the college.

106 Central StreetWellesley, MA 02481-8268

www.wellesley.edu/ALUM

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

10th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

59th percentile

8.8%

Higher net margin than 59% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

15th percentile

-18%

Faster revenue growth than 15% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $22,885,064 (-100%) from 2023

Liabilities

Down

$0

Down $450,473 (-100%) from 2023

Net Assets

Down

$0

Down $22,434,591 (-100%) from 2023

Operations
Liabilities / Revenue10th percentileNet Margin59th percentile

Revenue

Down

$4,129,333

Down $937,006 (-18%) from 2023

Expenses

Up

$3,766,660

Up $604,599 (+19%) from 2023

Net Income

Down

$362,673

Down $1,541,605 (-81%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth2nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2010: $10,274,268Liabilities 2010: $22,044Net Assets 2010: $10,252,2242010Assets 2011: $11,898,509Liabilities 2011: $185,334Net Assets 2011: $11,713,1752011Assets 2012: $11,848,039Liabilities 2012: $27,338Net Assets 2012: $11,820,7012012Assets 2013: $13,160,013Liabilities 2013: $79,739Net Assets 2013: $13,080,2742013Assets 2014: $15,328,966Liabilities 2014: $250,176Net Assets 2014: $15,078,7902014Assets 2015: $15,717,839Liabilities 2015: $381,614Net Assets 2015: $15,336,2252015Assets 2016: $15,342,992Liabilities 2016: $362,418Net Assets 2016: $14,980,5742016Assets 2017: $16,684,668Liabilities 2017: $514,296Net Assets 2017: $16,170,3722017Assets 2018: $18,043,368Liabilities 2018: $391,564Net Assets 2018: $17,651,8042018Assets 2019: $18,956,365Liabilities 2019: $462,077Net Assets 2019: $18,494,2882019Assets 2020: $19,208,379Liabilities 2020: $48,759Net Assets 2020: $19,159,6202020Assets 2021: $24,980,431Liabilities 2021: $8,624Net Assets 2021: $24,971,8072021Assets 2022: $21,826,732Liabilities 2022: $4,711Net Assets 2022: $21,822,0212022Assets 2023: $22,885,064Liabilities 2023: $450,473Net Assets 2023: $22,434,5912023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities$0
Net Assets$0
Open 2024 Filing

Operations Trend

Revenue Growth15th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0Expenses 2010: $2,933,3362010Expenses 2011: $3,217,8602011Expenses 2012: $2,977,5972012Revenue 2013: $3,756,585Expenses 2013: $3,211,210Net Income 2013: $545,3752013Revenue 2014: $3,998,627Expenses 2014: $3,399,927Net Income 2014: $598,7002014Revenue 2015: $3,750,504Expenses 2015: $3,470,636Net Income 2015: $279,8682015Revenue 2016: $3,607,559Expenses 2016: $3,311,594Net Income 2016: $295,9652016Revenue 2017: $4,457,957Expenses 2017: $3,412,852Net Income 2017: $1,045,1052017Revenue 2018: $3,656,771Expenses 2018: $3,372,546Net Income 2018: $284,2252018Revenue 2019: $3,175,619Expenses 2019: $2,923,187Net Income 2019: $252,4322019Revenue 2020: $2,440,374Expenses 2020: $2,389,376Net Income 2020: $50,9982020Revenue 2021: $2,147,899Expenses 2021: $2,042,501Net Income 2021: $105,3982021Revenue 2022: $2,808,656Expenses 2022: $2,666,660Net Income 2022: $141,9962022Revenue 2023: $5,066,339Expenses 2023: $3,162,061Net Income 2023: $1,904,2782023Revenue 2024: $4,129,333Expenses 2024: $3,766,660Net Income 2024: $362,6732024

Highlighted filing

2024

Revenue$4,129,333
Expenses$3,766,660
Net Income$362,673
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$4,129,333
Expenses
$3,766,660
Net income
$362,673
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$4.13$3.77$0.36
2023Detailed filing. Detailed filing data is available for this year.$22.9$0.45$22.4$5.07$3.16$1.90
2022Detailed filing. Detailed filing data is available for this year.$21.8$0.00$21.8$2.81$2.67$0.14
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.0$0.01$25.0$2.15$2.04$0.11
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.2$0.05$19.2$2.44$2.39$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.0$0.46$18.5$3.18$2.92$0.25
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.0$0.39$17.7$3.66$3.37$0.28
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.7$0.51$16.2$4.46$3.41$1.05
2016Detailed filing. Detailed filing data is available for this year.$15.3$0.36$15.0$3.61$3.31$0.30
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.7$0.38$15.3$3.75$3.47$0.28
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$15.3$0.25$15.1$4.00$3.40$0.60
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.2$0.08$13.1$3.76$3.21$0.55
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.8$0.03$11.8$2.98
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.9$0.19$11.7$3.22
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.3$0.02$10.3$2.93
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 6, 2025
Return Version
2023v6.0
Gross Receipts
$6,815,303
Mission and Program Overview

Mission

To support the institutional priorities of wellesley college by connecting alumnae to the college and to each other. The association will serve as a lifelong resource to alumnae and will encourage alumnae to contribute to the continued excellence of the college.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$11,505,050$0▼ $11,505,050
Investments in Publicly Traded Securities$10,332,100$0▼ $10,332,100
Cash and Non-Interest-Bearing Accounts$931,437$0▼ $931,437
Savings and Temporary Cash Investments$45,572$0▼ $45,572
Prepaid Expenses and Deferred Charges$4,817$0▼ $4,817
Accounts Receivable$1,046$0▼ $1,046
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$22,885,064$0▼ $22,885,064
Other Assets Total$65,042$0▼ $65,042
Liabilities
Other Liabilities$449,908$0▼ $449,908
Accounts Payable and Accrued Expenses$565--
Total Liabilities$450,473$0▼ $450,473
Net Assets / Fund Balance
Net Assets With Donor Restrictions$11,504,147$0▼ $11,504,147
Net Assets Without Donor Restrictions$10,930,444$0▼ $10,930,444
Total Net Assets Fund Balance$22,434,591$0▼ $22,434,591
Total Liabilities and Net Assets / Fund Balance$22,885,064$0▼ $22,885,064

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$3,388,402-▲ $220,528$33,338$3,575,592
2022$3,308,746-▲ $112,037$32,381$3,388,402
2021$3,741,486-▼ $359,291$73,449$3,308,746
2020$2,643,420-▲ $1,160,813$62,747$3,741,486
2019$2,541,164-▲ $197,266$95,010$2,643,420
Compensation and Service Providers
Top Officer Pay23rd percentile

Board Members and Trustees

NameTitle
Melody PaoChair, the Wellesley Fund
Laura Wood CantopherPresident
Stephanie HsiehPresident-elect
Aliya Sultana KhalidiDirector
Angeles Garcia CassinDirector
Briana CallerosDirector
Brita Haugland CantrellDirector
Dorothy Jones-davisDirector
Erika Woods KedemDirector
LAURA SUE COHEN D'ANNUNZIODirector
Lauren Young DurbinDirector
Tamara NashDirector
Diana LamYoung Alumnae Director
Amy HuangTreasurer/secretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Lombardo's Hospitality Group Dba Off TheCatering163 MORSE STREET, Norwood, MA 02062$144,685
Boston Catering & EventsCatering325 NEW BOSTON ST 15, Woburn, MA 01801$115,240
Bakers' BestCatering150 GOULD STREET, Needham, MA 02494$106,337
Hecht Horton Partners INCPrinting491 MASS AVE 209, Arlington, MA 02474$101,572
Revenue and Support

Revenue Composition

Contributions and Grants
$2,249,007
Program Service Revenue
$1,016,775
Investment Income
$863,551
Other Revenue
$0
All Other Contributions
$2,249,007
Change in Net Assets
$362,673

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,089,839
Revenue Not Reported on Financial Statements
$39,494
Revenue Not Reported on Form 990
$1,225,553
Total Revenue per Audited Statements
$5,315,392
Total Revenue per Form 990
$4,129,333
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,356,537
Grants and Similar Amounts Paid$410,123
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,222,490$306,453-$1,528,943
Grants to Domestic Orgs$366,123--$366,123
Information Technology$122,373--$122,373
Office Expenses$41,380$39,352-$80,732
Travel$45,696$10,953-$56,649
Grants to Domestic Individuals$44,000--$44,000
Other Expenses$24,969$17,231-$42,200
Fees for Services Accounting-$40,168-$40,168
Fees for Service Investment Mgmnt Fees-$39,494-$39,494
Fees for Services Legal-$9,542-$9,542
Total Functional Expenses$3,296,415$470,245$0$3,766,660

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,766,660
Expenses per Audited Statements$3,727,166
Total Expenses per Audited Statements$3,727,166
Expenses Not Reported on Financial Statements$39,494
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Wellesley College Alumnae ClassesWellesley, MA-Support Alumnae Class Activities$366,123
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The association has members consisting of any graduate of wellesley college and any former students who meet certain criteria. In addition the board may appoint honorary memberships.”

Form 990, Part VI, Section A, Line 7A

“The members of the association elect the directors.”

Form 990, Part VI, Section A, Line 7B

“The board has the ability to appoint committee members on each of its 8 committees to assist in its governing duties and decisions.”

Form 990, Part VI, Section B, Line 11B

“Provided to wellesley college controller's office for distribution to wellesley college board members”

Form 990, Part VI, Section B, Line 12C

“The written policies are clearly disseminated to all contract labor, officers and directors. It is the responsibility of all to adhere to and report deviations from established policies. Any deviations or exceptions are resolved by established guidelines”

Form 990, Part VI, Section C, Line 19

“Available through the ma attorney general office website”

Filing and Contact Details

Filer

Filer Name
Wellesley College Alumnae Association
EIN
04-2105817
Phone
7812832331
Address
106 CENTRAL STREET, WELLESLEY, MA 02481-8268

Signing Officer

Name
Piper Orton
Title
VP of Finance and Admin & Treasurer
Phone
7812832331
Signed
2025-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Piper Orton
Formed
1880
Legal Domicile
Ma
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
0

Preparer

Firm
Gerald T Reilly & Company
Address
424 ADAMS STREET, MILTON, MA 02186
Preparer
Linda Kramer CPA
Phone
6176968900
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Management and staff services and recruiting: program service expenses 1,222,490. Management and general expenses 288,903. Fundraising expenses 0. Total expenses 1,511,393. Professional consulting for future goals: program service expenses 0. Management and general expenses 17,550. Fundraising expenses 0. Total expenses 17,550.”

FORM 990, PART XI, LINE 9:

“Assets and liabilities merged into wellesley college -24,022,817.”

Form 990, Part XII, Line 2C

“The process for oversight of the audit and selection of an independent public accountant by the committee has not changed.”

Financial Statement Notes

PART V, LINE 4:

“To fund operations and scholarships to alumnae attending graduate school”

Raw XML AppendixShowing 400 of 560 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0565
IRS990/AccountsReceivableGrp/BOYAmt01046
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO SUPPORT THE INSTITUTIONAL PRIORITIES OF WELLESLEY COLLEGE BY CONNECTING ALUMNAE TO THE COLLEGE AND TO EACH OTHER. THE ASSOCIATION WILL SERVE AS A LIFELONG RESOURCE TO ALUMNAE AND WILL ENCOURAGE ALUMNAE TO CONTRIBUTE TO THE CONTINUED EXCELLENCE OF THE COLLEGE.
IRS990/AllOtherContributionsAmt02249007
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
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IRS990/BooksInCareOfDetail/PhoneNum07812832335
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0106 CENTRAL STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0WELLESLEY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
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IRS990/BusinessRlnWith35CtrlEntInd00
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IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0931437
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt04
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0144685
IRS990/ContractorCompensationGrp/CompensationAmt1115240
IRS990/ContractorCompensationGrp/CompensationAmt2106337
IRS990/ContractorCompensationGrp/CompensationAmt3101572
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1325 NEW BOSTON ST 15
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1MA
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IRS990/ContractTerminationInd0X
IRS990/CreditCounselingInd00
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IRS990/CYOtherRevenueAmt00
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IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04129333
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IRS990/DeductibleArtContributionInd00
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IRS990/DelegationOfMgmtDutiesInd00
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IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
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IRS990/ExpenseAmt02939470
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
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IRS990/FeesForServicesAccountingGrp/TotalAmt040168
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IRS990/FeesForServicesOtherGrp/TotalAmt01528943
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IRS990/FinalReturnInd0X
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR, THE WELLESLEY FUND
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT-ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8TREASURER/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9YOUNG ALUMNAE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
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IRS990/MissionDesc0TO SUPPORT THE INSTITUTIONAL PRIORITIES OF WELLESLEY COLLEGE BY CONNECTING ALUMNAE TO THE COLLEGE AND TO EACH OTHER. THE ASSOCIATION WILL SERVE AS A LIFELONG RESOURCE TO ALUMNAE AND WILL ENCOURAGE ALUMNAE TO CONTRIBUTE TO THE CONTINUED EXCELLENCE OF THE COLLEGE.
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