UNIVERSITY OF MONTEVALLO FOUNDATION Charity Report

Public IRS 990 nonprofit record

UNIVERSITY OF MONTEVALLO FOUNDATION

EIN 23-7349527 · Education (B43I)

What they do

THE UNIVERSITY of MONTEVALLO FOUNDATION OPERATES to ADVANCE THE MISSION of THE UNIVERSITY of MONTEVALLO IN ALL of ITS EDUCATIONAL, INSTRUCTIONAL, SERVICE, CHARITABLE, and OUTREACH ENDEAVORS. THE PRIMARY PURPOSE of THE FOUNDATION is to RECEIVE, SOLICIT, ACCEPT, HOLD, ADMINISTER, USE, INVEST, ENDOW, and DISBURSE PRIVATE PHILANTHROPIC GIFTS, BEQUESTS, DEVISES, and ALL TYPES of PROPERTY for THE EXCLUSIVE BENEFIT of THE UNIVERSITY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $87.70 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 leaders25 people are listed in the latest report.

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

Money made simple

28.54%of revenue went to mission work87.7% of expenses · Program services

$42.19spent for every $100 of revenueRevenue covered expenses this year.

4.00%of revenue went to management and office costs12.3% of expenses

$22.29in assets for every $1 spent this yearSome assets cannot be spent right away.

90.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
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.

Pay context: The highest compensation shown in this filing is $127,393 for SCOTT DILLARD (EXECUTIVE VICE PRESIDENT). Compare pay with organizations of similar size and complexity.

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$10,937,828

Mission workProgram services$3,122,07128.54% of revenue87.7% of expenses

ManagementOffice and general costs$437,3844.00% of revenue12.3% of expenses

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

Revenue left after expensesReported annual surplus$7,378,37367.46% of revenueShown in gray on the chart

Total expenses$3,559,45532.54% 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: 87.7% mission · 12.3% management · 0.0% fundraisingTotal expenses: 32.54% of revenue

2022Expense mix: 89.5% mission · 10.5% management · 0.0% fundraisingTotal expenses: 32.96% of revenue

2021Expense mix: 89.1% mission · 10.9% management · 0.0% fundraisingTotal expenses: 52.49% of revenue

2020Expense mix: 89.3% mission · 10.7% management · 0.0% fundraisingTotal expenses: 52.14% of revenue

2019Expense mix: 96.1% mission · 3.9% management · 0.0% fundraisingTotal expenses: 97.03% of revenue

2018Expense mix: 89.7% mission · 10.3% management · 0.0% fundraisingTotal expenses: 70.38% of revenue

2017Expense mix: 89.4% mission · 10.6% management · 0.0% fundraisingTotal expenses: 33.71% of revenue

2016Expense mix: 85.1% mission · 14.9% management · 0.0% fundraisingTotal expenses: 50.65% of revenue

Money in and money out

Revenue$8,436,699

Expenses$3,559,455

Annual surplus $4,877,244 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)$3,122,071 · 87.7% of expenses

Management and office costs$437,384 · 12.3% of expenses

See all reported dollar amounts

Revenue$8,436,699

Expenses$3,559,455

Assets$79,349,488

Income$25,268,251

Contributions$7,627,989

Mission work (program services)$3,122,071

Grants given$504,000

Average grant$84,000

Management and general$437,384

Stocks and bonds$61,926,230

Accounting fees$69,433

Investing fees$286,316

People

Leadership and board

Tax year 2023

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

People reported as paid

Person and titleCompensation

SCOTT DILLARDEXECUTIVE VICE PRESIDENT · 24 hrs/week $127,393Base $109,192 · Other $18,201

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (25)

SCOTT DILLARDEXECUTIVE VICE PRESIDENT

JAMES MOSSCHAIRMAN (SINCE 08/11)

TRACEY MORANT-ADAMSMEMBER

THOMAS WHITINGMEMBER

RAYMOND BELLMEMBER

MITT SCHROEDERTREASURER

MELANIE POOLEMEMBER

MARK EILANDMEMBER

KITTILAX KRIDAKORNMEMBER

KEVIN GARDNERMEMBER

JOHN COXMEMBER

JEFFERY PURVISMEMBER

JAMES CAVALE IIIMEMBER

ALISON STEINEKERMEMBER

GEORGE ETHRIDGEMEMBER

EDDIE BAKERMEMBER

DENISE WOODHAMMEMBER

DAVID PICKETTVICE-CHAIRMAN

CONNIE SHEPPARD HARRISMEMBER

CLAYTON NORDANMEMBER

CAROLYN DUNCANMEMBER

BRIGETTE WRIGHTMEMBER

BOB BAKERMEMBER

BARBARA SLOANMEMBER

AMY NENADOVICHSECRETARY

About this charity

Recognized since: January 1979
Location: STATION 6215, MONTEVALLO, AL 35115-0000
County: Shelby
In care of: SCOTT DILLARD
Primary officer: SCOTT DILLARD, VP OF ADVANCEMENT

How to reach them

Phone(205) 665-6215

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: WARREN AVERETT LLC
NTEE classification: Education (B43I)
Grant-giving organization: Yes