Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $50,385,376

• 1f · All other contributions, gifts and grants

  $37,679,018

• 1g · Noncash contributions included above

  $5,778,902

• 2a · Program service revenue: MEMBERSHIP DUES

  total $67,310 · related or exempt $67,310

• 2b · Program service revenue: ON-LINE SALES COMMISSIONS

  total $65,433 · related or exempt $65,433

• 3 · Investment income

  total $2,165,798 · excluded $2,165,798

• 7a · Gross sales of assets other than inventory

  securities $2,564,507

• 7b · Less cost or other basis and sales expenses

  securities $2,570,813

• 7c · Gain or loss

  securities -$6,306

• 7d · Net gain or loss

  total -$6,306 · excluded -$6,306

• 8a · Fundraising events: gross income

  $28,463,600

• 8a · Fundraising events: contributions included on line 1c

  $50,385,376

• 8b · Fundraising events: direct expenses

  $27,980,091

• 8c · Net income from fundraising events

  total $483,509 · excluded $483,509

• 11a · Other revenue: OTHER INCOME

  total $463,590 · related or exempt $463,590

• 11e · Other revenue, total

  $463,590

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $16,065,410 · program services $16,065,410

• 5 · Compensation of officers, directors and key employees

  total $768,407 · program services $679,650 · management and general $39,983 · fundraising $48,774

• 7 · Other salaries and wages

  total $23,102,503 · program services $20,433,978 · management and general $1,202,100 · fundraising $1,466,425

• 11a · Fees: management

  total $831,803 · program services $720,086 · management and general $40,847 · fundraising $70,870

• 11b · Fees: legal

  total $208,471 · program services $11,010 · management and general $197,461

• 11c · Fees: accounting

  total $82,230 · management and general $82,230

• 11d · Fees: lobbying

  total $355,000 · program services $355,000

• 11e · Fees: professional fundraising services

  total $8,029,307 · fundraising $8,029,307

• 11g · Fees: other

  total $691,918 · program services $517,272 · management and general $976 · fundraising $173,670

• 12 · Advertising and promotion

  total $487,032 · program services $487,032

• 13 · Office expenses

  total $1,077,384 · program services $901,648 · management and general $24,606 · fundraising $151,130

• 14 · Information technology

  total $857,845 · program services $857,545 · fundraising $300

• 17 · Travel

  total $1,466,503 · program services $1,317,997 · management and general $13,526 · fundraising $134,980

• 19 · Conferences, conventions and meetings

  total $78,980 · program services $61,748 · management and general $5,403 · fundraising $11,829

• 20 · Interest

  total $15 · fundraising $15

• 22 · Depreciation, depletion and amortization

  total $3,318 · fundraising $3,318

• 23 · Insurance

  total $72,566 · program services $1,800 · management and general $53,849 · fundraising $16,917

• 24a · Other expenses: ANIMAL CARE AND PURCHAS

  total $3,137,462 · program services $3,137,462

• 24b · Other expenses: RECRUITING EXPENSES

  total $3,033,073 · program services $3,033,073 · management and general $0

• 24c · Other expenses: REPAIRS AND MAINTENANCE

  total $2,407,138 · program services $2,406,187 · management and general $13 · fundraising $938

• 24d · Other expenses: BAD DEBT

  total $1,915,625 · fundraising $1,915,625

• 24e · All other expenses

  total $3,443,722 · program services $1,409,609 · management and general $1,673,813 · fundraising $360,300

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $500 · end of year $500

• 2 · Savings and temporary cash investments

  beginning of year $3,028,873 · end of year $1,441,852

• 3 · Pledges and grants receivable

  beginning of year $25,997,217 · end of year $37,344,268

• 4 · Accounts receivable

  beginning of year $1,534,569 · end of year $498,502

• 9 · Prepaid expenses and deferred charges

  beginning of year $97,838 · end of year $136,663

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

  $312,197

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

  $233,030

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $79,167

• 12 · Investments: other securities

  beginning of year $100,474,979 · end of year $106,773,459

• 14 · Intangible assets

  beginning of year $0 · end of year $6,000,000

• 15 · Other assets

  beginning of year $91,706 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $895,252 · end of year $1,038,282

• 19 · Deferred revenue

  beginning of year $3,059,811 · end of year $2,700,597

• 25 · Other liabilities

  beginning of year $25,585,625 · end of year $21,439,796

• 27 · Net assets without donor restrictions

  beginning of year $35,162,856 · end of year $36,204,950

• 28 · Net assets with donor restrictions

  beginning of year $66,522,138 · end of year $90,890,786

The filer's explanations (Part III)

PART I, LINE 3

AUBURN UNIVERSITY, A RELATED ORGANIZATION, USES A COMPENSATION COMMITTEE, AN INDEPENDENT CONSULTANT, A SURVEY OR STUDY, AND APPROVAL OF THE BOARD TO ESTABLISH COMPENSATION FOR THE EXECUTIVE DIRECTOR OF THE ORGANIZATION.