Civic Intelligence

National Alummni Assocation of Ecsu

EIN 23-7411733 • 501(c)3 • Elizabeth City, NC

Profile

The National Alumni Association of Elizabeth City State University was formed to foster a closer union among the Universitys alumni and have a voice in the operations of the University.

1704 Weeksville Road Box 977Elizabeth City, NC 27909

www.ecsu.edu/alumni/naa

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

37th percentile

-4.5%

Higher net margin than 37% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

53rd percentile

-0.1%

Faster asset growth than 53% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

31st percentile

-23%

Faster revenue growth than 31% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$235,170

Down $337 (-0.1%) from 2023

Liabilities

Down

$0

Down $6,092 (-100%) from 2023

Net Assets

Up

$235,170

Up $5,755 (+2.5%) from 2023

Revenue

Down

$118,422

Down $35,909 (-23%) from 2023

Expenses

Down

$123,756

Down $2,683 (-2.1%) from 2023

Net Income

Down

-$5,334

Down $33,226 (-119%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2012: $164,090Liabilities 2012: $11,634Net Assets 2012: $152,4562012Assets 2013: $136,410Liabilities 2013: $0Net Assets 2013: $136,4102013Assets 2014: $145,220Liabilities 2014: $0Net Assets 2014: $145,2202014Assets 2015: $135,294Liabilities 2015: $6,271Net Assets 2015: $129,0232015Assets 2016: $153,796Liabilities 2016: $6,092Net Assets 2016: $147,7042016Assets 2017: $175,188Liabilities 2017: $7,563Net Assets 2017: $167,6252017Assets 2018: $162,682Liabilities 2018: $6,092Net Assets 2018: $156,5902018Assets 2019: $162,830Liabilities 2019: $6,092Net Assets 2019: $156,7382019Assets 2020: $169,304Liabilities 2020: $6,092Net Assets 2020: $163,2122020Assets 2021: $248,957Liabilities 2021: $6,092Net Assets 2021: $242,8652021Assets 2022: $208,625Liabilities 2022: $6,092Net Assets 2022: $202,5332022Assets 2023: $235,507Liabilities 2023: $6,092Net Assets 2023: $229,4152023Assets 2024: $235,170Liabilities 2024: $0Net Assets 2024: $235,1702024

Highlighted filing

2024

Assets$235,170
Liabilities$0
Net Assets$235,170

Operations Trend

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

$200K$100K$0-$100KExpenses 2012: $156,7782012Revenue 2013: $99,023Expenses 2013: $128,851Net Income 2013: -$29,8282013Revenue 2014: $147,921Expenses 2014: $139,575Net Income 2014: $8,3462014Revenue 2015: $155,911Expenses 2015: $164,465Net Income 2015: -$8,5542015Revenue 2016: $145,278Expenses 2016: $128,539Net Income 2016: $16,7392016Revenue 2017: $141,533Expenses 2017: $124,000Net Income 2017: $17,5332017Revenue 2018: $124,143Expenses 2018: $133,968Net Income 2018: -$9,8252018Revenue 2019: $144,484Expenses 2019: $147,900Net Income 2019: -$3,4162019Revenue 2020: $102,234Expenses 2020: $97,295Net Income 2020: $4,9392020Revenue 2021: $180,978Expenses 2021: $105,501Net Income 2021: $75,4772021Revenue 2022: $74,533Expenses 2022: $88,273Net Income 2022: -$13,7402022Revenue 2023: $154,331Expenses 2023: $126,439Net Income 2023: $27,8922023Revenue 2024: $118,422Expenses 2024: $123,756Net Income 2024: -$5,3342024

Highlighted filing

2024

Revenue$118,422
Expenses$123,756
Net Income-$5,334

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 7, 2025
Return Version
2024v5.2
Gross Receipts
$118,422
Mission and Program Overview

Mission

The National Alumni Association of Elizabeth City State University was formed to foster a closer union among the universitys alumni and have a voice in the operations of the university.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$111,043$115,677▲ $4,634
Cash and Non-Interest-Bearing Accounts$86,112$80,625▼ $5,487
Land, Buildings, and Equipment, Net$38,082$38,000▼ $82
Prepaid Expenses and Deferred Charges$270$868▲ $598
Total Assets$235,507$235,170▼ $337
Liabilities
Deferred Revenue$6,092--
Total Liabilities$6,092$0▼ $6,092
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$229,415$235,170▲ $5,755
Total Net Assets Fund Balance$229,415$235,170▲ $5,755
Total Liabilities and Net Assets / Fund Balance$235,507$235,170▼ $337

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$2,485$2,485
Land$38,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ms Barbaina Houston-BlackChair
Mr James Cherry IIPresident
Dr Demetra TynerVice Chair
Dr Sandra S NewsomeFirst Vice President
Mr Michael N JohnsonSecond Vice President
Dr Catherine EdmondsChancellor Ex-Officio Voting
Mr Courtnay JordanCorresponding Secretary
Mr Abdul Sm RasheedEx Officio Non-Voting
Dr Edward Newsome JrMember
DrJenelle SimpsonMember
Mr Keith O RichardsonMember
Mr Shalon Hawkins SharpeMember
Ms Barbara B SuttonMember
Ms Cherelle JamesMember
Ms Trequita OvertonMember
Mr Melvin NormanRecording Secretary
Mr James SpenceSergeant-at-Arms
Ms Sharonne Sawyer-SuttonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$118,412
Program Service Revenue
$0
Investment Income
$10
Other Revenue
$0
All Other Contributions
$95,237
Change in Net Assets
$-5,334

Audited Revenue Reconciliation

Revenue per Audited Statements
$118,422
Revenue Not Reported on Form 990
$11,089
Total Revenue per Audited Statements
$129,511
Total Revenue per Form 990
$118,422
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$123,756
Total Fundraising Expense$27,872
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$1,417$6,068$12,032$7,485
Fees for Services Accounting-$6,951-$6,951
Travel--$6,598$6,598
Fees for Services Other-$468$5,007$5,475
Office Expenses-$248$2,192$2,440
Conferences and Meetings-$1,970-$1,970
Payment Travel Entrtnmnt Publicly Ofcl--$1,634$1,634
Insurance-$491$377$868
Depreciation Depletion$82--$82
Advertising--$32$32
Total Functional Expenses$78,056$17,828$27,872$123,756

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$123,756
Total Expenses per Audited Statements$123,756
Total Expenses per Form 990$123,756
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
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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 B, Line 11B

The Association presents the Form 990 to its Board of Directors for review when the form is ready. Depending upon when the committee meets and the due date of the return, the Form 990 is either modified before it is filed or an amendment is flied for any changes required from the Board of Directors review.

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

Directors are required to disclose, at the next convening Board of Directors meeting of any conflicts of interest. Directors with a conflict of interest on a matter for vote must abstain from voting. The Finance/Audit Commitee is responsible for ensuring the adherence to the policy.

Form 990, Part VI, Section C, Line 19

The Association makes its governing documents, conflict of interest policy and financial statements available to the public upon request. To obtain copies, contact the Treasurer through the Office of Alumni Affairs and submit a request identifying the specfiic documents requested.

Filing and Contact Details

Filer

Filer Name
National Alumni Association of ECSU
EIN
23-7411733
In Care Of
% Mr James Cherry II
Phone
7034149044
Address
1704 Weeksville Road Box 977, Elizabeth City, NC 27909

Signing Officer

Name
Mr James Cherry II
Title
President
Phone
7034149044
Signed
2025-07-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mr James Cherry II
Formed
1959
Legal Domicile
Nc
Voting Board Members
11
Independent Board Members
10
Employees
0

Preparer

Firm
Murphy & Company PC
Address
1475 Klondike Road Suite 100, Conyers, GA 30094
Preparer
Dane Alexander
Phone
4048740555
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Reclassification of member donations of 6,092 and net revenue from asset classifications of 373.

Financial Statement Notes

X 2

The Association is exempt from Federal and state income taxes under Section 501c3 of the Internal Revenue Code the Code, whereby only unrelated business income, as defined by Section 512a1 of the code is subject to Federal Income Tax. The Associations policy is to record a liability for any tax position taken that is beneficial to the Association, including any related interest and penalties, when it is more-likely-than not the position taken by management with respect to a transaction or class of transactions will be overturned by a taxing authority upon examination. Management believes there are no such positions as of December 31, 2024. Accordingly, no liability has been accrued. Presently, the Association is not under examination by any taxing authority.

XI 2D

Reclassification of member donations of 6,092 and net revenue from asset classifications of 373.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0President
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IRS990/Form990PartVIISectionAGrp/TitleTxt12Sergeant-at-Arms
IRS990/Form990PartVIISectionAGrp/TitleTxt13First Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt14Second Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt15Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt16Recording Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt17Corresponding Secretary
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IRS990/InsuranceGrp/TotalAmt0868
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IRS990/MissionDesc0The National Alumni Association of Elizabeth City State University was formed to foster a closer union among the Universitys alumni and have a voice in the operations of the University.
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IRS990/OtherExpensesGrp/Desc1Payments to third parties
IRS990/OtherExpensesGrp/Desc2Other expenses not listed
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16068
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IRS990/OtherExpensesGrp/ProgramServicesAmt11417
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0868
IRS990/PrincipalOfficerNm0Mr James Cherry II
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt010
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0102231
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0630341
IRS990ScheduleA/TotalSupportAmt0630498
IRS990/ScheduleBRequiredInd0false
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IRS990ScheduleD/ExpensesSubtotalAmt0123756
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IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt038000
IRS990ScheduleD/NetUnrealizedGainsInvstAmt04624
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherRevenueAmt06465
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueNotReportedAmt011089
IRS990ScheduleD/RevenueSubtotalAmt0118422
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Association is exempt from Federal and state income taxes under Section 501c3 of the Internal Revenue Code the Code, whereby only unrelated business income, as defined by Section 512a1 of the code is subject to Federal Income Tax. The Associations policy is to record a liability for any tax position taken that is beneficial to the Association, including any related interest and penalties, when it is more-likely-than not the position taken by management with respect to a transaction or class of transactions will be overturned by a taxing authority upon examination. Management believes there are no such positions as of December 31, 2024. Accordingly, no liability has been accrued. Presently, the Association is not under examination by any taxing authority.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Reclassification of member donations of 6,092 and net revenue from asset classifications of 373.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0X 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1XI 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt038000
IRS990ScheduleD/TotalExpensesPerForm990Amt0123756
IRS990ScheduleD/TotalRevenuePerForm990Amt0118422
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0129511
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0123756
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Association presents the Form 990 to its Board of Directors for review when the form is ready. Depending upon when the committee meets and the due date of the return, the Form 990 is either modified before it is filed or an amendment is flied for any changes required from the Board of Directors review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Directors are required to disclose, at the next convening Board of Directors meeting of any conflicts of interest. Directors with a conflict of interest on a matter for vote must abstain from voting. The Finance/Audit Commitee is responsible for ensuring the adherence to the policy.

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