FULBRIGHT ASSOCIATION INC

EIN: 521821935 501(c)(3) International Affairs

WASHINGTON, DC

Total Revenue
$2,839,344
Total Expenses
$1,604,114
Total Assets
$6,271,385
Net Assets
$6,154,619
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
DC
Principal Officer
KAMALA RAGHAVAN
Phone
2027750725
Tax Period
2024-01-01 to 2024-12-31

FULBRIGHT ASSOCIATION INC, founded in 1991, is a community nonprofit in the International Affairs sector that reported $2.8M in total revenue in fiscal year 2024. Revenue surged 74% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 44% operating margin.

Mission

SEE PART III, LINE 1.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,503,548
Program Service Revenue $156,413
Investment Income $1,159,776
Other Revenue $19,607
TOTAL REVENUE $2,839,344

Expense Breakdown

Grants Paid $288,573
Salaries & Benefits $635,436
Fundraising Expenses $205,351
Program Expenses $1,175,205
Other Expenses $680,105
TOTAL EXPENSES $1,604,114

Year-over-Year Comparison

2024 2023 Change
Revenue $2,839,344 $1,635,618 +0.7%
Expenses $1,604,114 $1,548,861 +0.0%
Net Income $1,235,230 $86,757 +13.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
19
Independent Members
19
Employees
6
Volunteers
40

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$163,352
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT GERVASI CHAIR 4.00
Officer Director
$0 $0 $0
CAROLINE LEVANDER VICE CHAIR 4.00
Officer Director
$0 $0 $0
LELAND LAZARUS SECRETARY 4.00
Officer Director
$0 $0 $0
WILLIAM VOCKE TREASURER 4.00
Officer Director
$0 $0 $0
HEATHER GODSMARK GOVERNANCE CHAIR 4.00
Director
$0 $0 $0
HOWARD KWON MEMBER 1.00
Director
$0 $0 $0
GREG COOPER MEMBER 1.00
Director
$0 $0 $0
MICHAEL DELUCIA MEMBER 1.00
Director
$0 $0 $0
WALTER MCCOLLUM MEMBER 1.00
Director
$0 $0 $0
PATRICE MOULTON MEMBER 1.00
Director
$0 $0 $0
WEN-KUNI CEANT MEMBER 1.00
Director
$0 $0 $0
ERIC LOPEZ MEMBER 1.00
Director
$0 $0 $0
KAMALA RAGHAVAN MEMBER 1.00
Director
$0 $0 $0
DAVID MAXWELL MEMBER 1.00
Director
$0 $0 $0
STACEY NICKSON MEMBER 1.00
Director
$0 $0 $0
MATTHEW SHANK MEMBER 1.00
Director
$0 $0 $0
KEVIN QUIGLEY MEMBER 1.00
Director
$0 $0 $0
REKA SZEMERKENYI MEMBER 1.00
Director
$0 $0 $0
JOHN VOGEL MEMBER 1.00
Director
$0 $0 $0
JOHN BADER EXECUTIVE DIRECTOR 40.00
Officer
$137,547 $25,805 $163,352
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $2,839,344 $1,604,114 $6,271,385 $1,235,230
2023 $1,635,618 $1,548,861 $5,651,055 $86,757
2022 $1,508,344 $1,452,142 $5,008,704 $56,202
2021 $1,254,116 $973,006 $5,930,469 $281,110
2020 $1,066,394 $965,320 $5,259,806 $101,074
2019 $1,747,405 $1,629,715 $4,699,960 $117,690
2018 $1,313,004 $1,205,095 $4,046,844 $107,909
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