WELLESLEY COLLEGE ALUMNAE ASSOCIATION Charity Report

Public IRS 990 nonprofit record

WELLESLEY COLLEGE ALUMNAE ASSOCIATION

EIN 04-2105817 · Education (B)

What they do

to SUPPORT THE INSTITUTIONAL PRIORITIES of WELLESLEY COLLEGE BY CONNECTING ALUMNAE to THE COLLEGE and to EACH OTHER. THE ASSOCIATION WILL SERVE AS A LIFELONG RESOURCE to ALUMNAE and WILL ENCOURAGE ALUMNAE to CONTRIBUTE to THE CONTINUED EXCELLENCE of THE COLLEGE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $87.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders14 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

79.83%of revenue went to mission work87.5% of expenses · Program services

$91.22spent for every $100 of revenueRevenue covered expenses this year.

11.39%of revenue went to management and office costs12.5% of expenses

54.5%of its money came from giftsOther money may come from services or investments.

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What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$4,129,333

Mission workProgram services$3,296,41579.83% of revenue87.5% of expenses

ManagementOffice and general costs$470,24511.39% of revenue12.5% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$362,6738.78% of revenueShown in gray on the chart

Total expenses$3,766,66091.22% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 87.5% mission · 12.5% management · 0.0% fundraisingTotal expenses: 91.22% of revenue

2022Expense mix: 90.2% mission · 9.8% management · 0.0% fundraisingTotal expenses: 62.41% of revenue

2021Expense mix: 86.7% mission · 13.3% management · 0.0% fundraisingTotal expenses: 94.94% of revenue

2020Expense mix: 86.7% mission · 13.3% management · 0.0% fundraisingTotal expenses: 95.09% of revenue

2019Expense mix: 87.4% mission · 12.6% management · 0.0% fundraisingTotal expenses: 97.91% of revenue

2018Expense mix: 89.5% mission · 10.5% management · 0.0% fundraisingTotal expenses: 92.05% of revenue

2017Expense mix: 87.3% mission · 12.7% management · 0.0% fundraisingTotal expenses: 92.23% of revenue

2016Expense mix: 86.9% mission · 13.1% management · 0.0% fundraisingTotal expenses: 76.56% of revenue

Money in and money out

Revenue$4,129,333

Expenses$3,766,660

Annual surplus $362,673 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,296,415 · 87.5% of expenses

Management and office costs$470,245 · 12.5% of expenses

See all reported dollar amounts

Revenue$4,129,333

Expenses$3,766,660

Contributions$2,249,007

Mission work (program services)$3,296,415

Grants given$531,123

Average grant$132,781

Management and general$470,245

Stocks and bonds$10,332,100

Accounting fees$40,168

Investing fees$39,494

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (14)

ALIYA SULTANA KHALIDIDIRECTOR

AMY HUANGTREASURER/SECRETARY

ANGELES GARCIA CASSINDIRECTOR

BRIANA CALLEROSDIRECTOR

BRITA HAUGLAND CANTRELLDIRECTOR

DIANA LAMYOUNG ALUMNAE DIRECTOR

DOROTHY JONES-DAVISDIRECTOR

ERIKA WOODS KEDEMDIRECTOR

LAURA SUE COHEN DANNUNZIODIRECTOR

LAURA WOOD CANTOPHERPRESIDENT

LAUREN YOUNG DURBINDIRECTOR

MELODY PAOCHAIR, THE WELLESLEY FUND

STEPHANIE HSIEHPRESIDENT-ELECT

TAMARA NASHDIRECTOR

About this charity

Recognized since: September 1972
Location: 106 CENTRAL STREET, WELLESLEY, MA 024818268
County: Norfolk
In care of: PIPER ORTON
Primary officer: PIPER ORTON, VP OF FINANCE AND ADMIN & TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(781) 283-2331

Filing and classification

Latest tax year: 2023
Tax period began: July 1, 2023
Return type: 990
Tax preparer: GERALD T REILLY & COMPANY
NTEE classification: Education (B)
IRS tax category: Education
Grant-giving organization: Yes