Civic Intelligence

Michigan State University Black Alumni Inc

990 • Fiscal year 2023 • EIN 38-2443849

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 02, 2023

PO Box 26214Lansing, MI 48909

(313) 873-7500

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

87th percentile

41%

Higher net margin than 87% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

77th percentile

26%

Faster asset growth than 77% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

81st percentile

52%

Faster revenue growth than 81% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$235,415

Up $48,053 (+26%) from 2022

Net Assets

Up

$235,415

Up $48,053 (+26%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$95,487

Up $32,700 (+52%) from 2022

Expenses

Down

$56,188

Down $21,495 (-28%) from 2022

Net Income

Up

$39,299

Up $54,195 (+364%) from 2022

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2014: $127,781Liabilities 2014: $0Net Assets 2014: $127,7812014Assets 2015: $148,054Liabilities 2015: $12,389Net Assets 2015: $135,6652015Assets 2016: $196,427Liabilities 2016: $55,000Net Assets 2016: $141,4272016Assets 2017: $144,712Liabilities 2017: $0Net Assets 2017: $144,7122017Assets 2018: $168,388Liabilities 2018: $1,000Net Assets 2018: $167,3882018Assets 2019: $172,908Liabilities 2019: $0Net Assets 2019: $172,9082019Assets 2021: $202,258Liabilities 2021: $0Net Assets 2021: $202,2582021Assets 2022: $187,362Liabilities 2022: $0Net Assets 2022: $187,3622022Assets 2023: $235,415Liabilities 2023: $0Net Assets 2023: $235,4152023Assets 2024: $276,898Liabilities 2024: $0Net Assets 2024: $276,8982024Assets 2025: $327,514Liabilities 2025: $0Net Assets 2025: $327,5142025

Highlighted filing

2023

Assets$235,415
Liabilities$0
Net Assets$235,415

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2014: $11,017Expenses 2014: $24,714Net Income 2014: -$13,6972014Revenue 2015: $12,838Expenses 2015: $6,621Net Income 2015: $6,2172015Revenue 2016: $86,660Expenses 2016: $80,047Net Income 2016: $6,6132016Revenue 2017: $54,157Expenses 2017: $56,743Net Income 2017: -$2,5862017Revenue 2018: $39,924Expenses 2018: $21,788Net Income 2018: $18,1362018Revenue 2019: $53,754Expenses 2019: $51,200Net Income 2019: $2,5542019Revenue 2021: $36,295Expenses 2021: $21,408Net Income 2021: $14,8872021Revenue 2022: $62,787Expenses 2022: $77,683Net Income 2022: -$14,8962022Revenue 2023: $95,487Expenses 2023: $56,188Net Income 2023: $39,2992023Revenue 2024: $144,787Expenses 2024: $110,424Net Income 2024: $34,3632024Revenue 2025: $139,329Expenses 2025: $92,192Net Income 2025: $47,1372025

Highlighted filing

2023

Revenue$95,487
Expenses$56,188
Net Income$39,299
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 2, 2023
Return Version
2022v5.0
Gross Receipts
$95,487
Mission and Program Overview

Mission

Msu black alumni, inc. Is an organization committed to supporting current black msu students, faculty and staff. Utilizing the network of msu black alumni members we aim to assist black msu students, faculty and staff reach their highest potential. Through local chapter engagement interconnecting alumni and through substantial contributions to our msu scholoraship endowment fund, both assists with leading this organization toward the ultimate goal.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$105,659$145,071▲ $39,412
Savings and Temporary Cash Investments$79,430$88,184▲ $8,754
Inventories for Sale or Use$2,273$2,160▼ $113
Total Assets$187,362$235,415▲ $48,053
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$187,362$235,415▲ $48,053
Total Net Assets Fund Balance$187,362$235,415▲ $48,053
Total Liabilities and Net Assets / Fund Balance$187,362$235,415▲ $48,053
Compensation and Service Providers

Board Members and Trustees

NameTitle
La Verne WilsonPresident
Marvin YatesPresident -
Dana LewisPresident-at
Vanessa WeathersbyPresident-ch
David MottPresident-de
Jeanette PattersonPresident-la
Stephanie Harris-byersPresident-lo
Shanta TyusPresident-oa
Tanya Upthegrove GregoryPresident-sa
Alan YoungBoard of Director
Bryan CottonBoard of Director
Carleen M GardnerBoard of Director
James WeathersBoard of Director
Jeff AkinsBoard of Director
Kwafo AdarkwaBoard of Director
Layna Gardner-lottBoard of Director
Michael Williamson JrBoard of Director
Nicole BrodieBoard of Director
Thomas CollinsBoard of Director
Tim HerdBoard of Director
Paris Ross1st Vice Pre
Keith Hernandez2nd Vice Pre
Wanda LipscombMsu Faculty
Mary FergusonMsu Faculty-
Christian BatyMsu Student
Martin RaxtonParliamentar
Amber Johnson-weeksPres.- Dalla
Tommy JohnsonSecretary
Darnell ManningTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$9,287
Program Service Revenue
$86,080
Investment Income
$120
Other Revenue
$0
Change in Net Assets
$39,299
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$56,188
Total Fundraising Expense$2,428
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$12,338$3,087$2,428$17,853
Insurance$6,310$898-$7,208
Other Expenses$4,270$8,285-$4,270
Information Technology$245$900-$1,145
Advertising$998$25-$1,023
Fees for Services Legal-$500-$500
Office Expenses-$337-$337
Total Functional Expenses$34,768$18,992$2,428$56,188
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Msu Black Alumni Inc
EIN
38-2443849
Address
PO BOX 26214, LANSING, MI 48909

Signing Officer

Name
Darnell Manning
Title
Treasurer
Signed
2023-11-02

Organization Details

Principal Officer
Darnell Manning
Voting Board Members
24
Independent Board Members
24
Employees
0

Preparer

Firm
Alan C Young & Associates Pc
Address
7310 WOODWARD AVE STE 740, DETROIT, MI 48202
Preparer
Alan C Young
Phone
3138737500
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Msu black alumni, inc. Is an organization committed to supporting current black msu students, faculty and staff. Utilizing the network of msu black alumni members we aim to assist black msu students, faculty and staff reach their highest potential. Through local chapter engagement interconnecting alumni and through substantial contributions to our msu scholoraship endowment fund, both assists with leading this organization toward the ultimate goal.

Form 990, Part IX, Line 24E

Musicians/djs 4,050 0 0 msuba support 747 0 2,428 hotel accommodations 2,391 0 0 processing fees 1,549 432 0 storage fees 0 1,739 0 supplies & materials 1,291 0 0 gifts and giveaways 817 300 0 food and bev 537 0 0 photography 500 0 0 presidential representati 0 356 0 event decorations 298 0 0 due &subscriptions 0 240 0 auto expenses 158 0 0 business reg fees 0 20 0 total 12,338 3,087 2,428

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IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD OF DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD OF DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2MSU STUDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD OF DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD OF DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD OF DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6MSU FACULTY-
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD OF DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD OF DIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD OF DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt122ND VICE PRE
IRS990/Form990PartVIISectionAGrp/TitleTxt13SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt14PRES.- DALLA
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD OF DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt16PRESIDENT-AT
IRS990/Form990PartVIISectionAGrp/TitleTxt17MSU FACULTY
IRS990/Form990PartVIISectionAGrp/TitleTxt18TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt19PRESIDENT-DE
IRS990/Form990PartVIISectionAGrp/TitleTxt20PRESIDENT-LA
IRS990/Form990PartVIISectionAGrp/TitleTxt21PARLIAMENTAR
IRS990/Form990PartVIISectionAGrp/TitleTxt221ST VICE PRE
IRS990/Form990PartVIISectionAGrp/TitleTxt23PRESIDENT-OA
IRS990/Form990PartVIISectionAGrp/TitleTxt24BOARD OF DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt25PRESIDENT-CH
IRS990/Form990PartVIISectionAGrp/TitleTxt26PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt27PRESIDENT -
IRS990/Form990PartVIISectionAGrp/TitleTxt28BOARD OF DIR
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IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0900
IRS990/InformationTechnologyGrp/ProgramServicesAmt0245
IRS990/InformationTechnologyGrp/TotalAmt01145
IRS990/InsuranceGrp/ManagementAndGeneralAmt0898
IRS990/InsuranceGrp/ProgramServicesAmt06310
IRS990/InsuranceGrp/TotalAmt07208
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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0MSU BLACK ALUMNI, INC. IS AN ORGANIZATION COMMITTED TO SUPPORTING CURRENT BLACK MSU STUDENTS, FACULTY AND STAFF. UTILIZING THE NETWORK OF MSU BLACK ALUMNI MEMBERS WE AIM TO ASSIST BLACK MSU STUDENTS, FACULTY AND STAFF REACH THEIR HIGHEST POTENTIAL. THROUGH LOCAL CHAPTER ENGAGEMENT INTERCONNECTING ALUMNI AND THROUGH SUBSTANTIAL CONTRIBUTIONS TO OUR MSU SCHOLORASHIP ENDOWMENT FUND, BOTH ASSISTS WITH LEADING THIS ORGANIZATION TOWARD THE ULTIMATE GOAL.
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IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0SERVICE FEES
IRS990/OtherExpensesGrp/Desc1SCHOLARSHIP RELATION&DEV.
IRS990/OtherExpensesGrp/Desc2VENUE RENTAL
IRS990/OtherExpensesGrp/Desc3EQUIPMENT RENTAL
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04960
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IRS990/OtherExpensesGrp/ProgramServicesAmt05624
IRS990/OtherExpensesGrp/ProgramServicesAmt14983
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IRS990/OtherExpensesGrp/TotalAmt34270
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0DARNELL MANNING
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/Desc2TENT RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc3MERCHANDISE
IRS990/ProgramServiceRevenueGrp/Desc4VENDOR REVENUE
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt062787
IRS990ScheduleA/Total509Grp/TotalAmt0158274
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt095487
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0158274
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IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MSU BLACK ALUMNI, INC. IS AN ORGANIZATION COMMITTED TO SUPPORTING CURRENT BLACK MSU STUDENTS, FACULTY AND STAFF. UTILIZING THE NETWORK OF MSU BLACK ALUMNI MEMBERS WE AIM TO ASSIST BLACK MSU STUDENTS, FACULTY AND STAFF REACH THEIR HIGHEST POTENTIAL. THROUGH LOCAL CHAPTER ENGAGEMENT INTERCONNECTING ALUMNI AND THROUGH SUBSTANTIAL CONTRIBUTIONS TO OUR MSU SCHOLORASHIP ENDOWMENT FUND, BOTH ASSISTS WITH LEADING THIS ORGANIZATION TOWARD THE ULTIMATE GOAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MUSICIANS/DJS 4,050 0 0 MSUBA SUPPORT 747 0 2,428 HOTEL ACCOMMODATIONS 2,391 0 0 PROCESSING FEES 1,549 432 0 STORAGE FEES 0 1,739 0 SUPPLIES & MATERIALS 1,291 0 0 GIFTS AND GIVEAWAYS 817 300 0 FOOD AND BEV 537 0 0 PHOTOGRAPHY 500 0 0 PRESIDENTIAL REPRESENTATI 0 356 0 EVENT DECORATIONS 298 0 0 DUE &SUBSCRIPTIONS 0 240 0 AUTO EXPENSES 158 0 0 BUSINESS REG FEES 0 20 0 TOTAL 12,338 3,087 2,428
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
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IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false

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