Civic Intelligence

Associate Alumnae of Douglass College

EIN 22-1607270 • 501(c)3 • New Brunswick, NJ

Profile

The aadc develops and promotes the connections among douglass alumnae by providing programs, services, networks and learning opportunities that enrich their lives; and provides ongoing financial support to douglass college and her students through our stewardship of the endowed funds of the associate alumnae of douglass college and the douglass fund.

181 Ryders LaneNew Brunswick, NJ 08901

www.douglassalumnae.org

Siviq Scores

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

Liabilities / Assets

15th percentile

0.01x

Higher debt load relative to assets than 15% of similar nonprofits.

NTEE B • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

29th percentile

0.12x

Higher debt load relative to revenue than 29% of similar nonprofits.

NTEE B • $10M-$25M nonprofits • Source year 2025

Net Margin

76th percentile

17%

Higher net margin than 76% of similar nonprofits.

NTEE B • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

67th percentile

$226,932

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 15.1% of source-year revenue.

NTEE B • $10M-$25M nonprofits • Source year 2025

Asset Growth

59th percentile

6.7%

Faster asset growth than 59% of similar nonprofits.

NTEE B • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

87th percentile

52%

Faster revenue growth than 87% of similar nonprofits.

NTEE B • $10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Up

$17,742,325

Up $1,118,951 (+6.7%) from 2024

Liabilities

Down

$186,016

Down $27,604 (-13%) from 2024

Net Assets

Up

$17,556,309

Up $1,146,555 (+7.0%) from 2024

Revenue

Up

$1,503,207

Up $516,975 (+52%) from 2024

Expenses

Up

$1,246,842

Up $140,152 (+13%) from 2024

Net Income

Up

$256,365

Up $376,823 (+313%) from 2024

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $17,422,434Liabilities 2011: $286,848Net Assets 2011: $17,135,5862011Assets 2012: $17,737,651Liabilities 2012: $260,242Net Assets 2012: $17,477,4092012Assets 2013: $18,343,073Liabilities 2013: $121,390Net Assets 2013: $18,221,6832013Assets 2014: $19,666,646Liabilities 2014: $377,443Net Assets 2014: $19,289,2032014Assets 2015: $20,492,469Liabilities 2015: $808,329Net Assets 2015: $19,684,1402015Assets 2016: $14,846,772Liabilities 2016: $177,883Net Assets 2016: $14,668,8892016Assets 2017: $14,107,062Liabilities 2017: $126,899Net Assets 2017: $13,980,1632017Assets 2018: $13,998,592Liabilities 2018: $157,169Net Assets 2018: $13,841,4232018Assets 2019: $13,822,318Liabilities 2019: $110,723Net Assets 2019: $13,711,5952019Assets 2020: $13,786,560Liabilities 2020: $129,620Net Assets 2020: $13,656,9402020Assets 2021: $16,738,549Liabilities 2021: $101,121Net Assets 2021: $16,637,4282021Assets 2022: $14,461,383Liabilities 2022: $90,388Net Assets 2022: $14,370,9952022Assets 2023: $15,917,689Liabilities 2023: $281,076Net Assets 2023: $15,636,6132023Assets 2024: $16,623,374Liabilities 2024: $213,620Net Assets 2024: $16,409,7542024Assets 2025: $17,742,325Liabilities 2025: $186,016Net Assets 2025: $17,556,3092025

Highlighted filing

2025

Assets$17,742,325
Liabilities$186,016
Net Assets$17,556,309

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $2,824,720Expenses 2011: $2,050,451Net Income 2011: $774,2692011Revenue 2012: $2,502,855Expenses 2012: $2,019,550Net Income 2012: $483,3052012Revenue 2013: $2,198,326Expenses 2013: $2,024,826Net Income 2013: $173,5002013Revenue 2014: $2,077,364Expenses 2014: $2,162,311Net Income 2014: -$84,9472014Revenue 2015: $3,134,201Expenses 2015: $2,226,814Net Income 2015: $907,3872015Revenue 2016: $1,347,610Expenses 2016: $6,094,821Net Income 2016: -$4,747,2112016Revenue 2017: $1,286,054Expenses 2017: $2,423,251Net Income 2017: -$1,137,1972017Revenue 2018: $1,733,523Expenses 2018: $1,845,531Net Income 2018: -$112,0082018Revenue 2019: $1,218,497Expenses 2019: $1,366,305Net Income 2019: -$147,8082019Revenue 2020: $1,410,408Expenses 2020: $1,272,275Net Income 2020: $138,1332020Revenue 2021: $1,662,183Expenses 2021: $1,003,298Net Income 2021: $658,8852021Revenue 2022: $1,453,841Expenses 2022: $1,211,850Net Income 2022: $241,9912022Revenue 2023: $2,026,540Expenses 2023: $1,295,852Net Income 2023: $730,6882023Revenue 2024: $986,232Expenses 2024: $1,106,690Net Income 2024: -$120,4582024Revenue 2025: $1,503,207Expenses 2025: $1,246,842Net Income 2025: $256,3652025

Highlighted filing

2025

Revenue$1,503,207
Expenses$1,246,842
Net Income$256,365

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.7$0.19$17.6$1.50$1.25$0.26
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.6$0.21$16.4$0.99$1.11$0.12
2023Detailed filing. Detailed filing data is available for this year.$15.9$0.28$15.6$2.03$1.30$0.73
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.5$0.09$14.4$1.45$1.21$0.24
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.7$0.10$16.6$1.66$1.00$0.66
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.8$0.13$13.7$1.41$1.27$0.14
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.8$0.11$13.7$1.22$1.37$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.0$0.16$13.8$1.73$1.85$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.1$0.13$14.0$1.29$2.42$1.14
2016Detailed filing. Detailed filing data is available for this year.$14.8$0.18$14.7$1.35$6.09$4.75
2015Summary only. Only limited summary data is available for this year.$20.5$0.81$19.7$3.13$2.23$0.91
2014Summary only. Only limited summary data is available for this year.$19.7$0.38$19.3$2.08$2.16$0.08
2013Summary only. Only limited summary data is available for this year.$18.3$0.12$18.2$2.20$2.02$0.17
2012Summary only. Only limited summary data is available for this year.$17.7$0.26$17.5$2.50$2.02$0.48
2011Summary only. Only limited summary data is available for this year.$17.4$0.29$17.1$2.82$2.05$0.77
Latest Detailed Filing

The latest 2025 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Sep 5, 2023
Return Version
2022v5.0
Gross Receipts
$2,026,540
Mission and Program Overview

Mission

The associate alumnae of douglass college ("aadc") develops and promotes the connections among douglass alumnae by providing programs, services, networks and life-long learning opportunities (see schedule o for details)

THE AADC DEVELOPS AND PROMOTES CONNECTIONS AMONG DOUGLASS ALUMNAE BY PROVIDING PROGRAMS, SERVICES, NETWORKS AND LIFE-LONG LEARNING (SEE schedule O FOR DETAILS).

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$8,773,325$9,504,209▲ $730,884
Savings and Temporary Cash Investments$4,207,951$4,926,643▲ $718,692
Land, Buildings, and Equipment, Net$557,673$532,015▼ $25,658
Pledges and Grants Receivable$273,434$479,467▲ $206,033
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$14,461,383$15,917,689▲ $1,456,306
Other Assets Total$649,000$475,355▼ $173,645
Liabilities
Other Liabilities$38,920$217,483▲ $178,563
Accounts Payable and Accrued Expenses$51,468$63,593▲ $12,125
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$90,388$281,076▲ $190,688
Net Assets / Fund Balance
Net Assets With Donor Restrictions$10,503,586$11,687,832▲ $1,184,246
Net Assets Without Donor Restrictions$3,867,409$3,948,781▲ $81,372
Total Net Assets Fund Balance$14,370,995$15,636,613▲ $1,265,618
Total Liabilities and Net Assets / Fund Balance$14,461,383$15,917,689▲ $1,456,306

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$532,015$494,293$1,026,308
Equipment-$107,589$107,589
Other Securities$8,782,759--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$10,233,015$250,761▲ $1,185,642-$11,277,582
2021$12,689,677$57,534▼ $1,838,426$218,631$10,233,015
2020$10,345,692$1,940▲ $2,881,708-$12,689,677
2019$10,449,755$154,230▲ $207,948-$10,345,692
2018$10,483,316$11,805▲ $338,636-$10,449,755
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Valerie AndersonExecutive DirectorPT$189,002$31,643$220,645
Susan WallaceVP FOR FINANCE and operationsPT$108,938$23,275$132,213

Board Members and Trustees

NameTitle
Denise BusbyAADC Annual Appeal Chair
Karen LynchAlumnae Engagement Chair
Jeanne FoxPresident
Diane Mills MckayMember
Elizabeth MurrayMember
Ikecia MappMember
Jennie VilaMember
Jessica BagtasMember
Linda NaselliMember
Linda P ClarkMember
Mallorie MedleyMember
Ruth Howell ArmsteadMember
Tiffany ToliverMember
Tina B GordonSecretary
Kathi LoveTreasurer
Lisa Dorio RuchVP for Administration
Debra LynchVP for Alumnae Relations
Linda Caldwell EppsVP for Development
Judy MusaVP for Marketing & Comms.

Highest Paid Contractors

ContractorServicesLocationCompensation
Berkowitz Lichtstein Kuritsky GiLegal75 LIVINGSTON AVE, Roseland, NJ 07068$155,363
Revenue and Support

Revenue Composition

Contributions and Grants
$1,344,893
Program Service Revenue
$0
Investment Income
$637,952
Other Revenue
$43,695
All Other Contributions
$1,344,893
Change in Net Assets
$730,688

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded20$207,877Fair Market Value (FMV)
Total Noncash Contributions20$207,877-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,944,579
Revenue Not Reported on Financial Statements
$81,961
Revenue Not Reported on Form 990
$588,326
Other Revenue Adjustments
$53,396
Total Revenue per Audited Statements
$2,532,905
Total Revenue per Form 990
$2,026,540
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$957,204
Grants and Similar Amounts Paid$334,908
Total Fundraising Expense$179,846
Professional Fundraising Fees$34,837
Other Expenses$-31,097

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$212,938$58,891$153,879$425,708
Current Officers, Directors, Trustees, and Key Employees$258,740$98,541$39,536$396,817
Grants to Domestic Orgs$304,407--$304,407
Fees for Services Legal$39,000$36,876-$75,876
Other Employee Benefits$25,080$12,847$35,690$73,617
Fees for Services Professional Fundraising--$34,837$34,837
Information Technology$7,703$26,625-$34,328
Payroll Taxes$17,247$4,745$12,288$34,280
Office Expenses$3,996$28,456$1,552$34,004
Fees for Service Investment Mgmnt Fees-$28,565-$28,565
Grants to Domestic Individuals$28,169--$28,169
Pension Plan Contributions$13,616$5,868$7,298$26,782
Occupancy$6,393$20,025-$26,418
Depreciation Depletion$6,209$19,449-$25,658
Insurance$6,098$19,100-$25,198
Fees for Services Accounting-$15,746-$15,746
Other Expenses$38,298$14,167$23,353$14,167
Fees for Services Other$13,000--$13,000
Foreign Grants$2,332--$2,332
All Other Expenses$-121,406$-249,956$-128,587$-499,949
Total Functional Expenses$976,061$139,945$179,846$1,295,852

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,295,852
Expenses per Audited Statements$1,267,287
Total Expenses per Audited Statements$1,267,287
Expenses Not Reported on Financial Statements$28,565
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Rutgers the State University of New JerseyPiscataway, NJ501(c)(3)Student Financial$289,345
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$34,837
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$134,339
Due to Douglass Fund$44,458
Due to Alumnae Classes$38,686
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Lines 6, 7A, 7B

The Association has members; active members elect the officers of the Board of Directors and vote on decisions such as changes to the bylaws.

FORM 990, PART VI, LINE 7A and 7B

The Alumnae Council, which is comprised of representatives of each class and committee, as well as others such as Board of Directors and past Presidents, elects representatives to the Board of Directors and elects the Nominating Committee. Officers of the AADC are elected by active members of the Association. Amendments to the bylaws also require the approval of the active membership of the Association.

Form 990, Part VI Section B Line 11B

A draft of form 990 is provided to members of the governing body who sign the confidentiality agreement for a period during which they may review it before it is finalized and filed.

Form 990, Part VI Section B Line 12C

Each year, board members are asked to sign a statement about disclosing conflicts of interests.

Form 990, Part VI Section B Line 15A & B

The Associate Alumnae of Douglass College negotiates a starting salary for its Executive Director when she is hired. The process for determining and approving compensation and benefits for all employees is as follows: 1. An overall figure for compensation of all AADC staff is determined and approved by the organization's Department for Administration during the annual budget process. This figure is then approved by the Board of Directors of the AADC as part of approving the overall operating budget for the organization. 2. Each AADC employee receives a performance evaluation by the person(s) to whom she reports, incorporating input from additional individuals with whom she works closely as appropriate. 3. Based on actual performance to the job assignment and achievement of annual goals, merit increases may be awarded, working within the organization's overall figure for compensation of all AADC staff and the needs of the operation.

Form 990, Part VI Section C Line 19

The associate alumnae of douglass college makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Associate Alumnae of Douglass College
EIN
22-1607270
In Care Of
% VALERIE ANDERSON
Phone
7322461600
Address
181 Ryders Lane, New Brunswick, NJ 08901

Signing Officer

Name
Valerie Anderson
Title
Executive Director
Phone
7312461600
Signed
2023-09-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Valerie Anderson
Formed
1927
Legal Domicile
Nj
Voting Board Members
19
Independent Board Members
19
Employees
9
Volunteers
700

Preparer

Firm
WithumSmithBrown PC
Address
ONE TOWER CENTER BLVD 14TH FL, EAST BRUNSWICK, NJ 08816
Preparer
Israel Tannenbaum
Phone
7328281614
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

Opportunities THAT REPRESENT THE INTERESTS AND NEEDS OF OUR DIVERSE ALUMNAE. THE AADC PROVIDES PRUDENT STEWARDSHIP OF THE DOUGLASS FUND AND OTHER ENDOWED FUNDS HELD BY THE AADC FOR THE BENEFIT OF DOUGLASS; DISTRIBUTIONS FROM THESE FUNDS CONTRIBUTE FINANCIAL SUPPORT TO DOUGLASS AND HER STUDENTS.

Form 990, Part III, Line 1

That represent the interests and needs of our diverse alumnae. The aadc provides prudent stewardship of the douglass fund and other endowed funds held by the aadc for the benefit of douglass; distributions from these funds contribute financial support to douglass and her students.

Form 990, Part III, Line 4D

The organization provided 45 fellowships for graduate school for douglass graduating seniors and for alumnae. The organization also devoted resources to providing networking events, activities associated with regional clubs, aadc smart talks, public lectures, a career symposium and the alumnae mentoring program.

Form 990, Part XI, Line 9

CHANGE IN VALUE-SPLIT INTEREST AGREEMENT = $(5,113); Changes in NPV & Allowance on UPTG $(48,283). TOTAL CHANGE IN VALUE ADJUSTMENT = $(53,396).

Financial Statement Notes

Form 990, Schedule D, Part III Line 4

This is a collection of approximately 78 pieces of american indian art including sculptures, dolls, pottery, etc. The collection is on loan to the art history museum at rutgers to benefit the university students and faculty in their scholarly pursuits.

Form 990, Schedule D Part X, Line 2

The Internal Revenue Service has determined that AADC and The Douglass Fund are exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. Contributions to the AADC qualify for the charitable deduction under Section 509(a)(2) and contributions to The Douglass Fund qualify for the charitable deduction under Section 170(b)(1)(A). AADC and The Douglass Fund file tax returns in the U.S. federal jurisdiction and are registered as a charity in various states. The Organization had no unrecognized tax liabilities or uncertain tax positions at June 30, 2023 and 2022. The Organization did not have any tax related interest or penalties for the periods reported in these consolidated financial statements.

Form 990, Schedule D, Part XI, Line 4B

Change in value of split-interest agreements $5,113 and change in NPV and allowance on UPTG $48,283, totaling $53,396.

Raw XML AppendixShowing 400 of 886 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.

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IRS990/AccountsPayableAccrExpnssGrp/EOYAmt063593
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IRS990/ActivityOrMissionDesc0THE AADC DEVELOPS AND PROMOTES CONNECTIONS AMONG DOUGLASS ALUMNAE BY PROVIDING PROGRAMS, SERVICES, NETWORKS AND LIFE-LONG LEARNING (SEE schedule O FOR DETAILS).
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IRS990/BooksInCareOfDetail/PhoneNum07322461600
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0181 RYDERS LANE
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW BRUNSWICK
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IRS990/CYOtherExpensesAmt0-31097
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IRS990/CYRevenuesLessExpensesAmt0730688
IRS990/CYSalariesCompEmpBnftPaidAmt0957204
IRS990/CYTotalExpensesAmt01295852
IRS990/CYTotalFundraisingExpenseAmt0179846
IRS990/CYTotalProfFndrsngExpnsAmt034837
IRS990/CYTotalRevenueAmt02026540
IRS990/DecisionsSubjectToApprovaInd0true
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IRS990/DeductibleNonCashContriInd0true
IRS990/DeferredRevenueGrp/BOYAmt00
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IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt019449
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IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt09
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VP FOR FINANCE and operations
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4VP FOR DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5VP FOR ALUMNAE RELATIONS
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IRS990/Form990PartVIISectionAGrp/TitleTxt9VP FOR ADMINISTRATION
IRS990/Form990PartVIISectionAGrp/TitleTxt10ALUMNAE ENGAGEMENT CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER
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IRS990/OtherExpensesGrp/Desc0PROGRAM EVENTS
IRS990/OtherExpensesGrp/Desc1PRINT & DIGITAL COMMS.
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