LOWELL ALUMNI ASSOCIATION Charity Report

Public IRS 990 nonprofit record

LOWELL ALUMNI ASSOCIATION

EIN 94-6125408 · Education (B84Z)

What they do

The Lowell Alumni Association (LAA) Maintains and Enhances Relationships That Serve and Support Our Alumni, Students, School and The Lowell Community.1. Scholarships: The LAA Awards A Number of Scholarships Each Year to Graduating Seniors. Most Scholarships Are One-time Awards, Although A Few Are Multi-year Awards. The LAA Scholarship Committee Solicits Applications From Graduating Seniors and Selects Awardees, Sometimes In Consultation With Lowell High School Faculty/staff.2. ADVOCACY: THE LAA ENGAGES IN PUBLIC ADVOCACY IN SUPPORT of LOWELL HIGH SCHOOLS CONTINUED EXISTENCE AS AN ACADEMIC PUBLIC MAGNET HIGH SCHOOL WITH OUTSTANDING ACADEMIC and EXTRACURRICULAR PROGRAMS to SERVE STUDENTS FROM THROUGHOUT SAN FRANCISCO.3. Reunions: The LAA Encourages Alumni to Hold Regular Class Reunions and Provides Support to Class Reunion Committees.4. Grants and Gifts: Upon Application By Lowell Faculty, Staff and Coaches, and With Approval of The LAA Board of Directors, The LAA Makes Grants and Gifts

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $80.50 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 2024The charity has a recent tax report to read.

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

They name their leaders39 people are listed in the latest report.

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

Money made simple

88.71%of revenue went to mission work80.5% of expenses · Program services

9.43%of revenue went to fundraising8.6% of expenses

$110.19spent for every $100 of revenueSpending was higher than revenue this year.

12.05%of revenue went to management and office costs10.9% of expenses

$10.22in assets for every $1 spent this yearSome assets cannot be spent right away.

59.9%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.

Worth asking: Expenses exceeded revenue by $82,474 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $15,121 for TERENCE ABAD (EXECUTIVE DIR.). 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 2024

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$809,074

Mission workProgram services$717,76988.71% of revenue80.5% of expenses

ManagementOffice and general costs$97,47012.05% of revenue10.9% of expenses

FundraisingAsking for donations$76,3099.43% of revenue8.6% of expenses

Total expenses$891,548110.19% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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

2024CurrentExpense mix: 80.5% mission · 10.9% management · 8.6% fundraisingTotal expenses: 110.19% of revenue

2023Expense mix: 81.0% mission · 9.1% management · 9.9% fundraisingTotal expenses: 49.67% of revenue

2022Expense mix: 75.9% mission · 12.2% management · 11.9% fundraisingTotal expenses: 51.28% of revenue

2021Expense mix: 85.0% mission · 9.1% management · 5.9% fundraisingTotal expenses: 137.78% of revenue

2020Expense mix: 81.0% mission · 9.4% management · 9.6% fundraisingTotal expenses: 91.55% of revenue

2019Expense mix: 89.8% mission · 4.3% management · 5.9% fundraisingTotal expenses: 143.67% of revenue

2018Expense mix: 79.0% mission · 9.1% management · 11.9% fundraisingTotal expenses: 48.31% of revenue

2017Expense mix: 86.1% mission · 6.1% management · 7.8% fundraisingTotal expenses: 35.41% of revenue

Money in and money out

Revenue$809,074

Expenses$891,548

Annual shortfall $82,474 Expenses were higher than revenue 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)$717,769 · 80.5% of expenses

Management and office costs$97,470 · 10.9% of expenses

Fundraising$76,309 · 8.6% of expenses

See all reported dollar amounts

Revenue$809,074

Expenses$891,548

Assets$9,116,031

Income$809,074

Contributions$484,622

Mission work (program services)$717,769

Fundraising$76,309

Grants given$2,994,404

Average grant$427,772

Management and general$97,470

Executive compensation (total)$62,981

Stocks and bonds$8,657,100

Accounting fees$8,100

People

Leadership and board

Tax year 2024

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

People reported as paid

Person and titleCompensation

TERENCE ABADEXECUTIVE DIR. · 20 hrs/week $15,121

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 (39)

TERENCE ABADEXECUTIVE DIR.

PETER LEEPRESIDENT

LAURANCE LEEDIRECTOR

LEE BLUMDIRECTOR

LEE CHENGSECRETARY

LISA CLAYDIRECTOR

MARK BUDAKDIRECTOR

MARK MOSHEIMDIRECTOR

MATTHEW ESTIPONADIRECTOR

MIKHAIL KAZANTSEVDIRECTOR

PAMELA SAYADDIRECTOR

KATE LAZARUSVP, GOVERNANCE

PHILLIP SHINNVICE PRESIDENT

QUINCY YUTREASURER

SCOTT SILVERMANDIRECTOR

STEPHEN HSUDIRECTOR

SUNIL KAPADIADIRECTOR

TONY QUANGDIRECTOR

TREE TAMDIRECTOR

TYCHO ROSENFELDDIRECTOR

EUGENE LEEDIRECTOR

ALLENE JUEDIRECTOR

ANNIE MIU WASACZDIRECTOR

BOB WUDIRECTOR

BRUCE GREENDIRECTOR

CARY WONGDIRECTOR

CHRISTINE LINNENBACHVP, PLANNING

CHUCK BREYERDIRECTOR

ELIZABETH CARL MURPHYDIRECTOR

EMILY MOONDIRECTOR

ADNAN KHANDIRECTOR

GERRY BUCHWALDDIRECTOR

HELEN WAXDIRECTOR

JAMES HANDIRECTOR

JENNIFER WONGDIRECTOR

JESSICA KUZMANICH GAYNORDIRECTOR

JOHN TRASVIADIRECTOR

JOYCE YUANDIRECTOR

JULIA YEDIRECTOR

About this charity

Recognized since: January 1984
Location: PO Box 320009, San Francisco, CA 94132
County: City and County of San Francisco
In care of: Quincy Yu
Primary officer: Quincy Yu, President

How to reach them

WebsiteVisit the charity’s website Emaillowellaa@lowellalumni.orgPage Phone(415) 347-6866

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: IRYNA AC
NTEE classification: Education (B84Z)
IRS tax category: Civic and Social Organizations
Grant-giving organization: Yes