Civic Intelligence

Rutgers Alumni Association

990 • Fiscal year 2025 • EIN 22-2322725

Jul 01, 2024 to Jun 30, 2025 • Filed on Nov 06, 2025

1 Spring Street 410New Brunswick, NJ 08901

(908) 419-0624

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

21st percentile

0.00x

Higher debt load relative to assets than 21% of similar nonprofits.

2025 filings • NTEE B • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

31st percentile

0.02x

Higher debt load relative to revenue than 31% of similar nonprofits.

2025 filings • NTEE B • $1M-$5M nonprofits • Source year 2025

Net Margin

52nd percentile

6.3%

Higher net margin than 52% of similar nonprofits.

2025 filings • NTEE B • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2025 filings • NTEE B • $1M-$5M nonprofits • Source year 2025

Asset Growth

60th percentile

8.1%

Faster asset growth than 60% of similar nonprofits.

2025 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

9th percentile

-24%

Faster revenue growth than 9% of similar nonprofits.

2025 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$4,062,868

Up $303,755 (+8.1%) from 2024

Net Assets

Up

$4,059,452

Up $305,544 (+8.1%) from 2024

Liabilities

Down

$3,416

Down $1,789 (-34%) from 2024

Revenue

Down

$191,000

Down $58,835 (-24%) from 2024

Expenses

Up

$178,956

Up $7,194 (+4.2%) from 2024

Net Income

Down

$12,044

Down $66,029 (-85%) from 2024

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $2,685,042Liabilities 2011: $13,945Net Assets 2011: $2,671,0972011Assets 2012: $2,722,212Liabilities 2012: $7,799Net Assets 2012: $2,714,4132012Assets 2013: $2,768,405Liabilities 2013: $6,311Net Assets 2013: $2,762,0942013Assets 2014: $2,914,742Liabilities 2014: $2,358Net Assets 2014: $2,912,3842014Assets 2015: $2,887,594Liabilities 2015: $3,862Net Assets 2015: $2,883,7322015Assets 2016: $2,993,968Liabilities 2016: $8,262Net Assets 2016: $2,985,7062016Assets 2017: $2,982,366Liabilities 2017: $11,821Net Assets 2017: $2,970,5452017Assets 2018: $2,986,371Liabilities 2018: $18,823Net Assets 2018: $2,967,5482018Assets 2019: $3,070,938Liabilities 2019: $3,308Net Assets 2019: $3,067,6302019Assets 2020: $3,157,942Liabilities 2020: $2,798Net Assets 2020: $3,155,1442020Assets 2021: $3,883,207Liabilities 2021: $2,658Net Assets 2021: $3,880,5492021Assets 2022: $3,176,869Liabilities 2022: $1,037Net Assets 2022: $3,175,8322022Assets 2023: $3,394,636Liabilities 2023: $2,831Net Assets 2023: $3,391,8052023Assets 2024: $3,759,113Liabilities 2024: $5,205Net Assets 2024: $3,753,9082024Assets 2025: $4,062,868Liabilities 2025: $3,416Net Assets 2025: $4,059,4522025

Highlighted filing

2025

Assets$4,062,868
Liabilities$3,416
Net Assets$4,059,452

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2011: $306,611Expenses 2011: $246,193Net Income 2011: $60,4182011Revenue 2012: $186,950Expenses 2012: $228,974Net Income 2012: -$42,0242012Revenue 2013: $176,164Expenses 2013: $159,165Net Income 2013: $16,9992013Revenue 2014: $222,978Expenses 2014: $225,245Net Income 2014: -$2,2672014Revenue 2015: $204,330Expenses 2015: $241,863Net Income 2015: -$37,5332015Revenue 2016: $230,755Expenses 2016: $254,529Net Income 2016: -$23,7742016Revenue 2017: $194,214Expenses 2017: $213,430Net Income 2017: -$19,2162017Revenue 2018: $183,649Expenses 2018: $246,245Net Income 2018: -$62,5962018Revenue 2019: $87,177Expenses 2019: $238,626Net Income 2019: -$151,4492019Revenue 2020: $152,822Expenses 2020: $139,677Net Income 2020: $13,1452020Revenue 2021: $202,581Expenses 2021: $48,144Net Income 2021: $154,4372021Revenue 2022: $111,281Expenses 2022: $122,216Net Income 2022: -$10,9352022Revenue 2023: $184,624Expenses 2023: $138,108Net Income 2023: $46,5162023Revenue 2024: $249,835Expenses 2024: $171,762Net Income 2024: $78,0732024Revenue 2025: $191,000Expenses 2025: $178,956Net Income 2025: $12,0442025

Highlighted filing

2025

Revenue$191,000
Expenses$178,956
Net Income$12,044
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 6, 2025
Return Version
2024v5.2
Gross Receipts
$191,000
Mission and Program Overview

Mission

We bring together alumni and friends to foster a lifelong rutgers bond, continuing the common interest in enjoying camaraderie, networking, and service in a volunteer organization, centered around our shared new brunswick traditions since 1831.

Engaging alumni, helping students, celebrating rutgers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$3,529,342$3,410,568▼ $118,774
Savings and Temporary Cash Investments$221,254$642,527▲ $421,273
Accounts Receivable$8,216$7,893▼ $323
Prepaid Expenses and Deferred Charges$300$1,880▲ $1,580
Cash and Non-Interest-Bearing Accounts$1--
Total Assets$3,759,113$4,062,868▲ $303,755
Liabilities
Accounts Payable and Accrued Expenses$4,178$2,389▼ $1,789
Other Liabilities$1,027$1,027→ $0
Total Liabilities$5,205$3,416▼ $1,789
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,753,908$4,059,452▲ $305,544
Total Net Assets Fund Balance$3,753,908$4,059,452▲ $305,544
Total Liabilities and Net Assets / Fund Balance$3,759,113$4,062,868▲ $303,755

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$3,410,568--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nicole SetzerPresident
Marc GoldstonePresident-elect
Houshang ParsaVice President
Navdeep TuckerVice President
Yash DalalCorporate Secretary
Jeffrey ArmusTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,075
Program Service Revenue
$44,066
Investment Income
$111,170
Other Revenue
$31,689
All Other Contributions
$4,075
Change in Net Assets
$12,044
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$161,156
Grants and Similar Amounts Paid$17,800
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$27,185--$27,185
All Other Expenses$19,133$3,945-$23,078
Other Expenses$16,133$6,607-$22,740
Grants to Domestic Orgs$17,800--$17,800
Fees for Services Accounting-$1,704-$1,704
Insurance-$1,102-$1,102
Total Functional Expenses$165,598$13,358$0$178,956
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Rutgers University OrganizationsNew Brunswick, NJ501(c)(3)Project Funding$17,800
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Class & Other Funds$1,027
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

No committee may act on behalf of the board.

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

Will provide a copy to executive committee and finance committee for review.

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

Board members are required to disclose possible conflicts of interest on an ongoing basis.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Rutgers Alumni Association
EIN
22-2322725
Phone
9084190624
Address
1 SPRING STREET 410, NEW BRUNSWICK, NJ 08901

Signing Officer

Name
Jeffrey Armus
Title
Treasurer
Phone
9084190624
Signed
2025-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffrey Armus
Formed
1980
Legal Domicile
Nj
Voting Board Members
61
Independent Board Members
61
Employees
0
Volunteers
0

Preparer

Firm
James M Wood CPA
Address
603B OMNI DRIVE, HILLSBOROUGH, NJ 08844
Preparer
James M Wood
Phone
9084311700
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Supplies: program service expenses 8,988. Management and general expenses 39. Fundraising expenses 0. Total expenses 9,027. Printing: program service expenses 7,495. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,495. Postage: program service expenses 2,089. Management and general expenses 451. Fundraising expenses 0. Total expenses 2,540. Storage: program service expenses 0. Management and general expenses 2,212. Fundraising expenses 0. Total expenses 2,212. Telephone: program service expenses 0. Management and general expenses 1,243. Fundraising expenses 0. Total expenses 1,243. Awards: program service expenses 561. Management and general expenses 0. Fundraising expenses 0. Total expenses 561.

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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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IRS990ScheduleA/PublicSupportPY170Pct00.49830
IRS990ScheduleA/PublicSupportTotal170Amt0352581
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt035445
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0103388
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt071690
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02880
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0139178
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0352581
IRS990ScheduleA/TotalSupportAmt0805917
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01027
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CLASS & OTHER FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt03410568
IRS990ScheduleD/OtherSecuritiesGrp/Desc0SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt03410568
IRS990ScheduleD/TotalLiabilityAmt01027
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt017800
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PROJECT FUNDING
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0RUTGERS UNIVERSITY ORGANIZATIONS
IRS990ScheduleI/RecipientTable/RecipientEIN0226001086
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0COLLEGE AVENUE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NEW BRUNSWICK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NJ
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd008901
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0APPLICATIONS ARE RECEIVED FROM VARIOUS GROUPS WITHIN RUTGERS UNIVERSITY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO COMMITTEE MAY ACT ON BEHALF OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WILL PROVIDE A COPY TO EXECUTIVE COMMITTEE AND FINANCE COMMITTEE FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE REQUIRED TO DISCLOSE POSSIBLE CONFLICTS OF INTEREST ON AN ONGOING BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SUPPLIES: PROGRAM SERVICE EXPENSES 8,988. MANAGEMENT AND GENERAL EXPENSES 39. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,027. PRINTING: PROGRAM SERVICE EXPENSES 7,495. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,495. POSTAGE: PROGRAM SERVICE EXPENSES 2,089. MANAGEMENT AND GENERAL EXPENSES 451. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,540. STORAGE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,212. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,212. TELEPHONE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,243. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,243. AWARDS: PROGRAM SERVICE EXPENSES 561. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 561.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03759113
IRS990/TotalAssetsEOYAmt04062868
IRS990/TotalAssetsGrp/BOYAmt03759113
IRS990/TotalAssetsGrp/EOYAmt04062868
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt04075
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt013358
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0165598
IRS990/TotalFunctionalExpensesGrp/TotalAmt0178956
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05205
IRS990/TotalLiabilitiesEOYAmt03416
IRS990/TotalLiabilitiesGrp/BOYAmt05205
IRS990/TotalLiabilitiesGrp/EOYAmt03416
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03753908
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04059452
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0165598
IRS990/TotalProgramServiceRevenueAmt044066
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0111170
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt075755
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0191000
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03759113
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04062868
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01 SPRING STREET 410
IRS990/USAddress/CityNm0NEW BRUNSWICK
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd008901
IRS990/VotingMembersGoverningBodyCnt061
IRS990/VotingMembersIndependentCnt061
IRS990/WebsiteAddressTxt0WWW.RUTGERSALUMNI.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFFREY ARMUS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09084190624
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RUTGERS ALUMNI ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0RUTG
ReturnHeader/Filer/EIN0222322725
ReturnHeader/Filer/PhoneNum09084190624
ReturnHeader/Filer/USAddress/AddressLine1Txt01 SPRING STREET 410
ReturnHeader/Filer/USAddress/CityNm0NEW BRUNSWICK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008901
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0223604710
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JAMES M WOOD CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0603B OMNI DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HILLSBOROUGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008844
ReturnHeader/PreparerPersonGrp/PhoneNum09084311700
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES M WOOD
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-11-11T06:57:28-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.06$0.00$4.06$0.19$0.18$0.01
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.76$0.01$3.75$0.25$0.17$0.08
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.39$0.00$3.39$0.18$0.14$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.18$0.00$3.18$0.11$0.12$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.88$0.00$3.88$0.20$0.05$0.15
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.16$0.00$3.16$0.15$0.14$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.07$0.00$3.07$0.09$0.24$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.99$0.02$2.97$0.18$0.25$0.06
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.98$0.01$2.97$0.19$0.21$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.99$0.01$2.99$0.23$0.25$0.02
2015Detailed filing. Detailed filing data is available for this year.$2.89$0.00$2.88$0.20$0.24$0.04
2014Detailed filing. Detailed filing data is available for this year.$2.91$0.00$2.91$0.22$0.23$0.00
2013Summary only. Only limited summary data is available for this year.$2.77$0.01$2.76$0.18$0.16$0.02
2012Summary only. Only limited summary data is available for this year.$2.72$0.01$2.71$0.19$0.23$0.04
2011Summary only. Only limited summary data is available for this year.$2.69$0.01$2.67$0.31$0.25$0.06