Civic Intelligence

Fayetteville State University National Alumni Association

EIN 23-7414900 • 501(c)3 • Fayetteville, NC

Profile

To encourage continued support of fayetteville state university and its activities by its alumni, for the purpose of providing better education, facilities, and social well-being for future university students.

PO Box 578Fayetteville, NC 28301

alumni.uncfsu.edu/NAA.HTM

Siviq Scores

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

Liabilities / Assets

71st percentile

0.00x

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

NTEE B • <$500k nonprofits • Source year 2024

Liabilities / Revenue

72nd percentile

0.00x

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

NTEE B • <$500k nonprofits • Source year 2024

Net Margin

7th percentile

-100%

Higher net margin than 7% of similar nonprofits.

NTEE B • <$500k nonprofits • Source year 2024

Top Officer Pay

88th percentile

$0

Higher top officer pay than 88% of similar nonprofits.

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

NTEE B • <$500k nonprofits • Source year 2024

Asset Growth

10th percentile

-55%

Faster asset growth than 10% of similar nonprofits.

NTEE B • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

55th percentile

6.4%

Faster revenue growth than 55% of similar nonprofits.

NTEE B • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$103,193

Down $124,568 (-55%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$103,193

Down $124,568 (-55%) from 2023

Revenue

Up

$124,706

Up $7,546 (+6.4%) from 2023

Expenses

Up

$249,274

Up $180,843 (+264%) from 2023

Net Income

Down

-$124,568

Down $173,297 (-356%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $30,846Liabilities 2011: $467Net Assets 2011: $30,3792011Assets 2012: $22,627Liabilities 2012: $0Net Assets 2012: $22,6272012Assets 2013: $42,150Liabilities 2013: $12,133Net Assets 2013: $30,0172013Assets 2014: $39,297Liabilities 2014: $0Net Assets 2014: $39,2972014Assets 2015: $59,144Liabilities 2015: $1,394Net Assets 2015: $57,7502015Assets 2016: $68,537Liabilities 2016: $0Net Assets 2016: $68,5372016Assets 2017: $87,191Liabilities 2017: $0Net Assets 2017: $87,1912017Assets 2018: $60,219Liabilities 2018: $0Net Assets 2018: $60,2192018Assets 2019: $54,200Liabilities 2019: $0Net Assets 2019: $54,2002019Assets 2020: $81,317Liabilities 2020: $0Net Assets 2020: $81,3172020Assets 2021: $130,531Liabilities 2021: $0Net Assets 2021: $130,5312021Assets 2022: $179,032Liabilities 2022: $0Net Assets 2022: $179,0322022Assets 2023: $227,761Liabilities 2023: $0Net Assets 2023: $227,7612023Assets 2024: $103,193Liabilities 2024: $0Net Assets 2024: $103,1932024

Highlighted filing

2024

Assets$103,193
Liabilities$0
Net Assets$103,193

Operations Trend

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

$300K$200K$100K$0-$100K-$200KExpenses 2011: $112,6412011Expenses 2012: $71,9512012Expenses 2013: $56,9842013Revenue 2014: $50,544Expenses 2014: $41,264Net Income 2014: $9,2802014Revenue 2015: $67,324Expenses 2015: $48,871Net Income 2015: $18,4532015Revenue 2016: $67,649Expenses 2016: $56,862Net Income 2016: $10,7872016Revenue 2017: $64,862Expenses 2017: $46,208Net Income 2017: $18,6542017Revenue 2018: $50,816Expenses 2018: $77,788Net Income 2018: -$26,9722018Revenue 2019: $46,688Expenses 2019: $52,707Net Income 2019: -$6,0192019Revenue 2020: $64,507Expenses 2020: $37,390Net Income 2020: $27,1172020Revenue 2021: $82,221Expenses 2021: $33,007Net Income 2021: $49,2142021Revenue 2022: $95,881Expenses 2022: $47,380Net Income 2022: $48,5012022Revenue 2023: $117,160Expenses 2023: $68,431Net Income 2023: $48,7292023Revenue 2024: $124,706Expenses 2024: $249,274Net Income 2024: -$124,5682024

Highlighted filing

2024

Revenue$124,706
Expenses$249,274
Net Income-$124,568

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.00$1.03$1.25$2.49$1.25
2023Detailed filing. Detailed filing data is available for this year.$2.28$0.00$2.28$1.17$0.68$0.49
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.79$0.00$1.79$0.96$0.47$0.49
2021Detailed filing. Detailed filing data is available for this year.$1.31$0.00$1.31$0.82$0.33$0.49
2020Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$0.65$0.37$0.27
2019Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$0.47$0.53$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$0.51$0.78$0.27
2017Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$0.65$0.46$0.19
2016Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$0.68$0.57$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.59$0.01$0.58$0.67$0.49$0.18
2014Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.51$0.41$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.12$0.30$0.57
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.00$0.23$0.72
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.00$0.30$1.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Aug 25, 2025
Return Version
2023v6.0
Gross Receipts
$124,706
Mission and Program Overview

Mission

To encourage continued support of fayetteville state university and its activities by its alumni for the purpose of providing better education, facilities, and social well-being for future university students.

To encourage continued support of fayetteville state university and its activities by its alumni, for the purpose of providing better education, facilities, and social well-being for future university students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$215,708$91,138▼ $124,570
Savings and Temporary Cash Investments$12,053$12,055▲ $2
Total Assets$227,761$103,193▼ $124,568
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$227,761$103,193▼ $124,568
Total Net Assets Fund Balance$227,761$103,193▼ $124,568
Total Liabilities and Net Assets / Fund Balance$227,761$103,193▼ $124,568
Compensation and Service Providers

Board Members and Trustees

NameTitle
Linda ColeyPresident
Michael Randall1st Vice President
Dr Ajanal Hamer Carrol2nd Vice President
Linda SmithAsst. Recording Secretary
Synethris NettlesFinancial Secretary
Lolita BurneyRecording Secretary
Leron MontgomeryTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$124,706
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$13,495
Change in Net Assets
$-124,568

Audited Revenue Reconciliation

Revenue per Audited Statements
$124,706
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$124,706
Total Revenue per Form 990
$124,706
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$225,886
Other Expenses$23,388
Total Fundraising Expense$5,711
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$225,886--$225,886
Other Expenses$17,134$543$5,711$543
Total Functional Expenses$243,020$543$5,711$249,274

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$249,274
Total Expenses per Audited Statements$249,274
Total Expenses per Form 990$249,274
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Fayetteville State UniversityFayetteville, NCGovScholarships$225,886
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising$17,761---
Total Events$17,761---
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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
No
Management duties delegated
No

Governance Explanations

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

The 990 is provided to the association's officers prior to filing for review.

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

When applicable, conflicts of interest are reviewed and addressed by the association's officers.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Fayetteville State University
EIN
23-7414900
Phone
9106721468
Address
PO BOX 578, FAYETTEVILLE, NC 28301

Signing Officer

Name
Linda Coley
Title
President
Phone
9106721468
Signed
2025-08-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda Coley
Formed
1961
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Sharpe Patel CPA
Address
5510 SIX FORKS ROAD SUITE 140, RALEIGH, NC 27609
Preparer
Rebecca Fisher
Phone
7044993893
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The association is exempt from federal income tax under 501(c)(3) of the internal revenue code (irc). Therefore, no provision for income taxes is included in the accompanying financial statements. The association filed federal form 990, return of organization exempt from income tax. In addition, the internal revenue service has determined that the association is not a "private foundation" within the meaning of 509(a) of the irc. There was no unrelated business income during the fiscal year. On july 1, 2010, the association adopted the recognition requirements for uncertain income tax positions as required by generally accepted accounting principles, with no cumulative effect adjustment necessary. Income tax benefits are recognized for positions taken or expected to be taken in a tax return only when it is determined that the position will more likely than not be sustained upon examination by taxing authorities. The association believes that its income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on its financial condition, results of operations, or cash flows. Accordingly, the association has not recorded any reserves or related accruals for interest and penalties for income tax positions as of june 30, 2024. The association is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any tax periods. The association believes it is no longer subject to income tax examination for years prior to 2020. The association's policy is to classify income tax-related interest and penalties as interest and other expenses, respectively.

Raw XML Appendix394 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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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt064398
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IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0124706
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THEREFORE, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ASSOCIATION FILED FEDERAL FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX. IN ADDITION, THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE ASSOCIATION IS NOT A "PRIVATE FOUNDATION" WITHIN THE MEANING OF 509(A) OF THE IRC. THERE WAS NO UNRELATED BUSINESS INCOME DURING THE FISCAL YEAR. ON JULY 1, 2010, THE ASSOCIATION ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, WITH NO CUMULATIVE EFFECT ADJUSTMENT NECESSARY. INCOME TAX BENEFITS ARE RECOGNIZED FOR POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN ONLY WHEN IT IS DETERMINED THAT THE POSITION WILL MORE LIKELY THAN NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ASSOCIATION BELIEVES THAT ITS INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON ITS FINANCIAL CONDITION, RESULTS OF OPERATIONS, OR CASH FLOWS. ACCORDINGLY, THE ASSOCIATION HAS NOT RECORDED ANY RESERVES OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR INCOME TAX POSITIONS AS OF JUNE 30, 2024. THE ASSOCIATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY TAX PERIODS. THE ASSOCIATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATION FOR YEARS PRIOR TO 2020. THE ASSOCIATION'S POLICY IS TO CLASSIFY INCOME TAX-RELATED INTEREST AND PENALTIES AS INTEREST AND OTHER EXPENSES, RESPECTIVELY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS PROVIDED TO THE ASSOCIATION'S OFFICERS PRIOR TO FILING FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WHEN APPLICABLE, CONFLICTS OF INTEREST ARE REVIEWED AND ADDRESSED BY THE ASSOCIATION'S OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0UNIVERSITY
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LINDA COLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09106721468
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FAYETTEVILLE STATE UNIVERSITY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0NATIONAL ALUMNI ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0FAYE
ReturnHeader/Filer/EIN0237414900
ReturnHeader/Filer/PhoneNum09106721468
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SHARPE PATEL CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05510 SIX FORKS ROAD SUITE 140
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RALEIGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027609
ReturnHeader/PreparerPersonGrp/PhoneNum07044993893
ReturnHeader/PreparerPersonGrp/PreparationDt02025-08-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0REBECCA FISHER
ReturnHeader/ReturnTs02025-08-25T13:02:51-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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