THE GERMAN CLUB ALUMNI FOUNDATION INC

EIN: 621022128 501(c)(3) Education

BLACKSBURG, VA

Total Revenue
$839,856
Total Expenses
$792,757
Total Assets
$8,380,166
Net Assets
$8,041,581
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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
VA
Principal Officer
RAMSEY DUCK
Phone
5405526830
Tax Period
2023-07-01 to 2024-06-30

THE GERMAN CLUB ALUMNI FOUNDATION INC, founded in 1977, is a small nonprofit in the Education sector that reported $802K in total revenue in fiscal year 2017. Revenue fell 50% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $301K, a strong 38% operating margin.

Mission

THE GERMAN CLUB ALUMNI FOUNDATION, INC. IS ORGANIZED TO SERVE AS THE UNIFYING FORCE TO BRING GERMAN CLUB ALUMNI TOGETHER IN CONTINUING FELLOWHIP TO FOSTER LEADERSHIP FOR SERVICE TO THE GERMAN CLUB, FOR ITS ALUMNI, AND FOR VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY; TO PERPETUATE THE GERMAN CLUB AS A VALUABLE AND VIABLE STUDENT ORGANIZATION; AND TO ENCOURAGE AND SUPPORT THE CLUB AND ALUMNI IN THEIR DEEDS AND SERVICES WHICH GIVES CREDENCE TO THE CLUB'S RITUAL AND CONSTITUTION, THE PRINCIPLES AND CODE OF ETHICS THEY ESPOUSE AND THUS TO THE UNIVERSITY'S MOTTO UT PROSIM.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $334,908
Program Service Revenue $140,890
Investment Income $364,058
Other Revenue $0
TOTAL REVENUE $839,856

Expense Breakdown

Grants Paid $36,760
Salaries & Benefits $110,801
Fundraising Expenses $1,070
Program Expenses $593,834
Other Expenses $645,196
TOTAL EXPENSES $792,757

Year-over-Year Comparison

2023 2022 Change
Revenue $839,856 $501,727 +0.7%
Expenses $792,757 $660,896 +0.2%
Net Income $47,099 $-159,169 -1.3%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
56
Independent Members
54
Employees
3
Volunteers
N/A

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
11
$35,000
Total Directors
56
$80,462
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GRADY B BAKER BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT CRAIG BALZER VP OF FACILITIES 1.00
Officer Director
$0 $0 $0
DEMAS E BOUDREAUX BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL EDWIN CLARK BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT MICHAEL COWAN BOARD MEMBER 1.00
Director
$0 $0 $0
THOMAS J DALZELL BOARD MEMBER 1.00
Director
$0 $0 $0
JORDAN RAYNOR DEDONA VP OF FINANCE/TREASURER 1.00
Officer Director
$0 $0 $0
ROBERT R DERRICK BOARD MEMBER 1.00
Director
$0 $0 $0
BILLY P DONAVANT BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN SCOTT DUNCH VP OF DEVELOPMENT 1.00
Officer Director
$0 $0 $0
MICHAEL S EGGLESTON BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL T FOSTER BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID K GLENN VP OF ALUMNI RELATIONS 1.00
Officer Director
$0 $0 $0
CHARLES E GORDON BOARD MEMBER 1.00
Director
$0 $0 $0
CHARLES O'NEALE GORDON VP OF CLUB RELATIONS 1.00
Officer Director
$0 $0 $0
BRET-ASHTON GOODWIN GRESHAM BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT GUICHARD BOARD MEMBER 1.00
Director
$0 $0 $0
LEWIS I JEFFRIES BOARD MEMBER 1.00
Director
$0 $0 $0
W DAVID KISER BOARD MEMBER 1.00
Director
$0 $0 $0
STEVEN R LAVINDER BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREW LESSNER BOARD MEMBER 1.00
Director
$0 $0 $0
CHARLES LONG BOARD MEMBER 1.00
Director
$0 $0 $0
TAYLOR MALBON BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM E MERKT BOARD MEMBER 1.00
Director
$0 $0 $0
RANDALL S MINIX BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL MUNSEY BOARD MEMBER 1.00
Director
$0 $0 $0
ALAN MYERS BOARD MEMBER 1.00
Director
$0 $0 $0
BEN NICOLL BOARD MEMBER 1.00
Director
$0 $0 $0
CRAIG E NESBIT VP OF UNIVERSITY RELATIONS 1.00
Officer Director
$0 $0 $0
EDWARD TAYLOR OVERTON BOARD MEMBER 1.00
Director
$0 $0 $0
ALBERT HARRISON POOLE BOARD MEMBER 1.00
Director
$0 $0 $0
KYLE PRYDE BOARD MEMBER 1.00
Director
$0 $0 $0
CHARLES F ROWELL BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT A SANGREY BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREW M SCHERZER BOARD MEMBER 1.00
Director
$0 $0 $0
J WACHO SLAUGHTER BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM E SPRUILL BOARD MEMBER 1.00
Director
$0 $0 $0
KEITH RAYMOND STEMPLE CHAIRMAN 1.00
Officer Director
$0 $0 $0
BRIAN TORGERSEN BOARD MEMBER 1.00
Director
$0 $0 $0
JAY TUCKER BOARD MEMBER 1.00
Director
$0 $0 $0
GEORGE R UMBERGER BOARD MEMBER 1.00
Director
$0 $0 $0
RANDOLPH L WALKER BOARD MEMBER 1.00
Director
$0 $0 $0
P CARTER WARD BOARD MEMBER 1.00
Director
$0 $0 $0
HOWARD WASTON BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREW WEBB BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD WEINBERGER BOARD MEMBER 1.00
Director
$0 $0 $0
MARK B WIGGINTON BOARD MEMBER 1.00
Director
$0 $0 $0
COLIN ELIOT WRIGHT VP OF NOMINATIONS & GOVERN 1.00
Officer Director
$0 $0 $0
LUKE BOORADY VP OF COMMUNICATIONS 1.00
Officer Director
$0 $0 $0
ASHLEY HEATWOLE BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID COOPER PRESIDENT 1.00
Officer Director
$0 $0 $0
ROBBIE ROBERTS BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHEN UPTON BOARD MEMBER 1.00
Director
$0 $0 $0
TOMMY M YAMBRICK EXECUTIVE DIRECTOR 1.00
Director
$45,462 $0 $45,462
STEVEN PARKER WRENN BOARD MEMBER 1.00
Director
$0 $0 $0
C RAMSEY DUCK EXECUTIVE DIRECTOR 40.00
Officer Director
$35,000 $0 $35,000
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
2025 No data No data No data No data
2024 $839,856 $792,757 $8,380,166 $47,099
2023 $501,727 $660,896 $8,155,944 $-159,169
2022 $1,110,700 $982,955 $7,601,935 $127,745
2021 $515,106 $544,608 $7,821,066 $-29,502
2020 $441,955 $533,896 $6,830,230 $-91,941
2019 $567,799 $578,591 $7,196,926 $-10,792
2018 $802,224 $501,031 $7,304,131 $301,193
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