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Nonprofiteer
← CAP AND GOWN CLUB OF PRINCETON

Form 990 for tax year 2024

Filed by CAP AND GOWN CLUB OF PRINCETON.

Totals

Total revenue
$2,194,897
Total expenses
$2,269,999
Contributions and grants received
$7,735
Grants paid
$0
Program service revenue
$1,909,061
Investment income
$74,867
Other revenue
$203,234
Total assets, end of year
$8,355,683
Total liabilities, end of year
$584,028
Net assets or fund balances, end of year
$7,771,655
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $7,135

  • 1f · All other contributions, gifts and grants

    $600

  • 2a · Program service revenue: BOARD

    total $1,813,696 · related or exempt $1,813,696

  • 2b · Program service revenue: MEMBERSHIP FEES

    total $64,350 · related or exempt $64,350

  • 2c · Program service revenue: ROOMS

    total $23,800 · related or exempt $23,800

  • 2d · Program service revenue: RESTAURANT

    total $7,215 · related or exempt $7,215

  • 3 · Investment income

    total $74,867 · unrelated business $74,867

  • 11a · Other revenue: SOCIAL FUND

    total $171,000 · related or exempt $171,000

  • 11b · Other revenue: CLUB RENTAL

    total $19,160 · related or exempt $19,160

  • 11c · Other revenue: MISCELLANEOUS

    total $13,074 · related or exempt $13,074

  • 11e · Other revenue, total

    $203,234

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $665,408

  • 8 · Pension plan contributions

    total $62,739

  • 9 · Other employee benefits

    total $68,888

  • 10 · Payroll taxes

    total $83,798

  • 11g · Fees: other

    total $27,027

  • 13 · Office expenses

    total $15,438

  • 16 · Occupancy

    total $342,542

  • 20 · Interest

    total $779

  • 22 · Depreciation, depletion and amortization

    total $275,727

  • 23 · Insurance

    total $76,466

  • 24a · Other expenses: FOOD AND BEVERAGES

    total $306,762

  • 24b · Other expenses: HOUSE SUPPLIES

    total $89,357

  • 24c · Other expenses: MISCELLANEOUS

    total $81,686

  • 24d · Other expenses: BAD DEBT

    total $48,788

  • 24e · All other expenses

    total $124,594

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $743,331 · end of year $747,443

  • 2 · Savings and temporary cash investments

    beginning of year $11,725 · end of year $12,114

  • 4 · Accounts receivable

    beginning of year $148,958 · end of year $164,686

  • 7 · Other notes and loans receivable

    end of year $15,000

  • 8 · Inventories for sale or use

    beginning of year $12,153 · end of year $11,743

  • 9 · Prepaid expenses and deferred charges

    beginning of year $42,123 · end of year $45,127

  • 10a · Land, buildings and equipment: cost or other basis

    $11,090,154

  • 10b · Land, buildings and equipment: accumulated depreciation

    $4,258,276

  • 10c · Land, buildings and equipment, net

    beginning of year $6,972,185 · end of year $6,831,878

  • 11 · Investments: publicly traded securities

    beginning of year $432,890 · end of year $495,628

  • 15 · Other assets

    beginning of year $16,696 · end of year $32,064

  • 17 · Accounts payable and accrued expenses

    beginning of year $41,962 · end of year $30,711

  • 19 · Deferred revenue

    beginning of year $6,566 · end of year $9,377

  • 25 · Other liabilities

    beginning of year $496,188 · end of year $543,940

  • 27 · Net assets without donor restrictions

    beginning of year $7,835,345 · end of year $7,771,655

Mission and programs · 2024

Mission

THE PRIMARY MISSION OF THE CAP AND GOWN CLUB IS TO ENRICH THE UNDERGRADUATE EXPERIENCE AT PRINCETON UNIVERSITY FOR OUR MEMBERS FOR GENERATIONS TO COME WHILE FORGING LIFELONG BONDS OF FRIENDSHIP AND FELLOWSHIP. CAP AND GOWN STRIVES TO BE THE LEADER AMONG THE EATING CLUBS THROUGH AN OPEN WORKING PARTNERSHIP BETWEEN THE UNDERGRADUATES, ALUMNI, CLUB MANAGEMENT, AND PRINCETON UNIVERSITY.

Activities or mission (Part I)

EDUCATIONAL AND SOCIAL

  • THE PRIMARY MISSION OF THE CAP AND GOWN CLUB IS TO ENRICH THE UNDERGRADUATE EXPERIENCE AT PRINCETON UNIVERSITY FOR OUR MEMBERS FOR GENERATIONS TO COME WHILE FORGING LIFELONG BONDS OF FRIENDSHIP AND FELLOWSHIP. CAP AND GOWN STRIVES TO BE THE LEADER AMONG THE EATING CLUBS THROUGH AN OPEN WORKING PARTNERSHIP BETWEEN THE UNDERGRADUATES, ALUMNI, CLUB MANAGEMENT, AND PRINCETON UNIVERSITY.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Eric Barnes

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Jane Fleming Fransson

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Aditya Rajagopalan

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Andres Perez

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Spencer Jones

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Michael P Erdman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Michael S Mathews

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Karl D Pettit

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Thomas F Fleming

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • George Wc Mc Carter

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Lisa W Schmucki

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Greg Burton

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Miro M Pasic

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Mark Johnson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Christine Hunsicker

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Jonathan E Luick

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Briana A Bennett

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Drew Weyerhaeuser

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Nina Bahadur

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Joie Hand

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Sean Poosson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Jade Williams

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Rj Hernandez

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Esteban Aguas

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Polly Hochman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Karthik Ramesh

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Ange Ndayishimiye

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Kate Liu

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Mary Elizabeth Marquandt

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Shelby Kinch

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Isis Arevalo

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • John M Moellers

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Nikhil Chervu

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Dennis M Normile

    CLUB MANAGER

    Total calculated
    $159,084
    From this org
    $141,496
    From related orgs
    $0
    Other
    $17,588
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $141,496
    Bonus
    $0
    Other
    $0
    Deferred
    $5,000
    Nontaxable benefits
    $12,588
    Filer's total
    $159,084

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
4 December 2025
IRS schema version
2024v5.2
Source object
202513389349300616

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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