Universidad Simon Boliver Alumni Association of America Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
AlumnUSB (Universidad Simon Bolivar Alumni Association of America, Inc.) is a non-profit corporation that provides a platform for USB Alumni living outside Venezuela to connect and support their Alma Mater, University Simon Bolivar in Venezuela.
- Income
- $129,779
- Spending
- $264,493
- Spent on programs
- 67%
- Reserves
- 10.1 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
- Volunteers
- 30
- Highest pay
- $9,931, fundraising and relations specialist
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 63 out of 100. Higher than 26% of charities in its peer group (education, under $250k).
Reserves
28 of 35Spendable reserves would cover 10.1 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 104% of income.
Income trend
0 of 15Income fell 69% on the year before.
Spending floor
15 of 1567% of spending went to programs and raising each dollar of donations cost 10 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 82 out of 100. Higher than 81% of charities in its peer group (education, under $250k).
Independent board
25 of 258 of 8 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (6)
- $18,500 spent. Scholarships: Provided Scholarships to 17 undergraduate students selected by academic merit and low household income. Student received $50 a month and maintained GPA through out the year. Students were monitored to verify if they remained enrolled during the year.
- $43,800 spent. Teaching Awards: Awarded 149 faculty members based on teaching productivity. Selection was based in quantitative teaching criteria and received the award of $50 monthly depending on their teaching hours. Faculty are checked every 3 months if they remain teaching/employed by the University.
- $23,790 spent. Acting as Fiscal Sponsor of the Latin American Science Academy - Lounsbury Foundation Grant: Scientists from University Simon Bolivar and other Venezuelan Latin American universities obtain grants to travel and do short research internships in different Latin American Countries than their country of origin to foster collaboration and new research networks
- $25,930 spent. Donated Equipment: Computers, books, office supplies, laboratory equipment for STEM courses and research projects. Students benefited indirectly and directly around 4000.
- $65,004 spent. Grant for Biology Program at Universidad Simon Bolivar: Obtained a Grant from the Richard Lounsbery Foundation to enhance the Biology program at USB by giving teaching and research grants, and acquiring minor equipment and consumables. The execution of the program started in fiscal year 2025.
- Fiscal sponsor of ACAL (Latin American Academy of Science) Conecta Project: Project to connect and create networks of Latin American Researchers.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2016.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.