Horatio Alger Assn of Distinguished Americans
Horatio Alger Assn of Distinguished Americans reported $30.4 million in revenue and $34.0 million in expenses for calendar year 2024. Of every $100 it spent, $91.19 went to program services, $6.98 to management and general costs and $1.83 to fundraising. Its largest source of revenue was contributions and grants: 96.9% of the total. The highest compensation it reported for one person was $2,264,177 (EXECUTIVE DIRECTOR). 7 people received more than $100,000 in reportable compensation. Revenue rose 2% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $34MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $30MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 91.2% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 7.0% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.8% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.02 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 96.9% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.2% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $2,264,177 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 6.65% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 7 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 4.6 | 13.3 |
| Independent voting board members Part VI 1a–1b | 83 of 83 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseOther scholarship programs include the internship and externship program, the cost of scholar services, such as financial advising, the alumni advisory council, the scholarship selection committee and the members forum meetings. The association also offers grants to scholars pursuing graduate studies through the dennis washington graduate grant program
Membership and induction: the Horatio Alger award (the award) is recognized as one of the nation's most prestigious honors. The award is presented during the annual membership program and induction ceremonies held in washington, d.c., each year during a multi-day program for members, life partners and friends of distinction, held concurrently with the national scholars' conference. The programs focus on member achievements, interviews with new members, opportunities for member networking, mentoring of the national scholars and educational programs regarding the future of the american dream
Member support and meetings: the association convenes the lifetime members and life partners to advance the mission, programs and services of the association on a regular basis including, but not limited to, the annual board of directors meeting, annual awards week in washington and at specialized forums, such as the international forum, alumni summits and regional convenings. These activities include ongoing communications with members, such as forum; the biennial report; only in america; and other online and printed materials that keep the members connected to the associations mission and…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| EXECUTIVE DIRECTOR Officer, 28.50 hrs/week | $834,795 | $0 | $1,429,382 | $2,264,177 |
| CHIEF OPERATING OFFICER Officer, 31.50 hrs/week | $357,955 | $0 | $264,943 | $622,898 |
| CHIEF EXECUTIVE OFFICER Officer, 28.50 hrs/week | $438,461 | $0 | $13,809 | $452,270 |
| CHIEF FINANCIAL OFFICER Officer, 26.50 hrs/week | $259,791 | $0 | $49,658 | $309,449 |
| DIRECTOR, EDUCATIONAL AND Highest compensated employee, 37.50 hrs/week | $239,572 | $0 | $47,014 | $286,586 |
| ASSISTANT DIRECTOR OF SCHO Highest compensated employee, 37.50 hrs/week | $151,823 | $0 | $31,887 | $183,710 |
| MANAGER OF NOMINATIONS Highest compensated employee, 36.50 hrs/week | $131,476 | $0 | $35,392 | $166,868 |
7 people received more than $100,000 in reportable compensation from Horatio Alger Assn of Distinguished Americans (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.7M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b83 · 83 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 519
- Volunteers Part I, line 6160
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| LINDER GLOBAL EVENTS Event management | $1,112,538 |
| TODO PRODUCTIONS LLC Executive event production and managemen | $877,249 |
| THEATRICAL RESOURCES Event management and productions | $844,631 |
| DESIGN FOUNDRY Equipment rental and storage | $773,698 |
| RED BANK PRODUCTIONS Consulting services and event production | $542,430 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
21 private foundations reported grants to Horatio Alger Assn of Distinguished Americans totaling $2.4M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Horatio Alger Assn of Distinguished Americans's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Horatio Alger Assn of Distinguished Americans, you can publish a response that is linked from this page.
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Of every $100 Horatio Alger Assn of Distinguished Americans spent in 2024, $91.19 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- The American Friends of Winchester CollegeNew York, NY · revenue $30M · programs 99.9% · 2025
- St Coletta of WisconsinJefferson, WI · revenue $30M · programs 88.5% · FY2025
- Holderness SchoolPlymouth, NH · revenue $30M · programs 79.3% · FY2025
- East-West Management InstituteNew York, NY · revenue $30M · programs 87.3% · 2024
- Lincoln Charter SchoolDenver, NC · revenue $30M · programs 75.0% · FY2025
Questions people ask
How much of Horatio Alger Assn of Distinguished Americans's spending goes to programs?
In calendar year 2024, Horatio Alger Assn of Distinguished Americans reported that 91.2% of its $34.0 million in expenses went to program services, 7.0% to management and general and 1.8% to fundraising (Form 990, Part IX).
How much does Horatio Alger Assn of Distinguished Americans pay its top executive?
The largest total compensation Horatio Alger Assn of Distinguished Americans reported for one person in calendar year 2024 was $2,264,177, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Horatio Alger Assn of Distinguished Americans get its money?
Of $30.4 million in revenue in calendar year 2024, 96.9% came from contributions and grants and 0.2% from program service revenue (Form 990, Part VIII).
Is Horatio Alger Assn of Distinguished Americans a registered charity?
The IRS lists EIN 13-1669975 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202513119349301416 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202423199349310752 · read the filing
- 2022: Form 990 for calendar year 2022, object 202343199349313029 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223199349316332 · read the filing
- 2020: Form 990 for calendar year 2020, object 202123199349316092 · read the filing
- 2019: Form 990 for calendar year 2019, object 202013219349305266 · read the filing
All filings for EIN 13-1669975: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.