Civic Intelligence

University Kidney Research Organization

990 • Fiscal year 2015 • EIN 03-0459723

Jan 01, 2015 to Dec 31, 2015 • Filed on Jul 06, 2016

11111 Santa Monica BlvdLos Angeles, CA 90025

(310) 286-3480

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

92nd percentile

0.71x

Higher debt load relative to assets than 92% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

94th percentile

0.70x

Higher debt load relative to revenue than 94% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

2nd percentile

-432%

Higher net margin than 2% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

89th percentile

$40,190

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 13.6% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

4th percentile

-78%

Faster asset growth than 4% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

61st percentile

8.7%

Faster revenue growth than 61% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$292,105

Down $1,064,897 (-78%) from 2014

Net Assets

Down

$85,837

Down $1,270,902 (-94%) from 2014

Liabilities

Up

$206,268

Up $206,005 (+78329%) from 2014

Revenue

Up

$294,465

Up $23,555 (+8.7%) from 2014

Expenses

Up

$1,565,367

Up $1,474,937 (+1631%) from 2014

Net Income

Down

-$1,270,902

Down $1,451,382 (-804%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2010: $1,142,910Liabilities 2010: $95,334Net Assets 2010: $1,047,5762010Assets 2011: $949,314Liabilities 2011: $31,703Net Assets 2011: $917,6112011Assets 2012: $1,178,842Liabilities 2012: $75,359Net Assets 2012: $1,103,4832012Assets 2013: $1,176,259Liabilities 2013: $0Net Assets 2013: $1,176,2592013Assets 2014: $1,357,002Liabilities 2014: $263Net Assets 2014: $1,356,7392014Assets 2015: $292,105Liabilities 2015: $206,268Net Assets 2015: $85,8372015Assets 2016: $251,842Liabilities 2016: $1,088Net Assets 2016: $250,7542016Assets 2017: $505,272Liabilities 2017: $1,142Net Assets 2017: $504,1302017Assets 2018: $294,304Liabilities 2018: $1,049Net Assets 2018: $293,2552018Assets 2019: $254,528Liabilities 2019: $1,124Net Assets 2019: $253,4042019Assets 2020: $162,275Liabilities 2020: $1,389Net Assets 2020: $160,8862020Assets 2021: $167,512Liabilities 2021: $980Net Assets 2021: $166,5322021Assets 2022: $573,873Liabilities 2022: $980Net Assets 2022: $572,8932022Assets 2023: $416,863Liabilities 2023: $980Net Assets 2023: $415,8832023Assets 2024: $289,010Liabilities 2024: $980Net Assets 2024: $288,0302024

Highlighted filing

2015

Assets$292,105
Liabilities$206,268
Net Assets$85,837

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2010: $400,7302010Expenses 2011: $202,0232011Expenses 2012: $215,3652012Revenue 2013: $160,923Expenses 2013: $88,147Net Income 2013: $72,7762013Revenue 2014: $270,910Expenses 2014: $90,430Net Income 2014: $180,4802014Revenue 2015: $294,465Expenses 2015: $1,565,367Net Income 2015: -$1,270,9022015Revenue 2016: $292,427Expenses 2016: $127,510Net Income 2016: $164,9172016Revenue 2017: $393,507Expenses 2017: $140,131Net Income 2017: $253,3762017Revenue 2018: $61,811Expenses 2018: $272,686Net Income 2018: -$210,8752018Revenue 2019: $368,910Expenses 2019: $408,761Net Income 2019: -$39,8512019Revenue 2020: $96,533Expenses 2020: $189,051Net Income 2020: -$92,5182020Revenue 2021: $132,989Expenses 2021: $127,343Net Income 2021: $5,6462021Revenue 2022: $750,980Expenses 2022: $344,619Net Income 2022: $406,3612022Revenue 2023: $377,635Expenses 2023: $534,645Net Income 2023: -$157,0102023Revenue 2024: $110,733Expenses 2024: $238,586Net Income 2024: -$127,8532024

Highlighted filing

2015

Revenue$294,465
Expenses$1,565,367
Net Income-$1,270,902
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jul 6, 2016
Return Version
2015v2.0
Gross Receipts
$294,465
Mission and Program Overview

Mission

University kidney research organization supports medical research related to the prevention, treatment, and eradication of kidney disease. It awards the john mckay fellowship in renal research periodically to interdisciplinary investigators in university and research hospitals. Ukro continues to fundraise to fulfill its financial commitment to the joint usc/ukro kidney research center and its full staffing and operation.

Ukro supports medical research related to the prevention, treatment, and eradication of kidney disease. The joint usc/ukro kidney research center opened on the university of southern california health sciences campus in september 2015.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$13,693$194,526▲ $180,833
Savings and Temporary Cash Investments$1,234,854$38,770▼ $1,196,084
Prepaid Expenses and Deferred Charges-$34,636-
Cash and Non-Interest-Bearing Accounts$108,455$24,173▼ $84,282
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,357,002$292,105▼ $1,064,897
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$263$206,268▲ $206,005
Total Liabilities$263$206,268▲ $206,005
Net Assets / Fund Balance
Unrestricted Net Assets$1,356,739$85,837▼ $1,270,902
Total Net Assets Fund Balance$1,356,739$85,837▼ $1,270,902
Total Liabilities and Net Assets / Fund Balance$1,357,002$292,105▼ $1,064,897
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Evelyn HughesSecretaryPT$40,190$40,190
Ammiel NajarDirector-$6,000$6,000
Lewis KleinbergDirector-$4,000$4,000
Revenue and Support

Revenue Composition

Contributions and Grants
$292,949
Program Service Revenue
$0
Investment Income
$1,516
Other Revenue
$0
All Other Contributions
$292,949
Change in Net Assets
$-1,270,902

Audited Revenue Reconciliation

Revenue per Audited Statements
$294,465
Total Revenue per Audited Statements
$294,465
Total Revenue per Form 990
$294,465
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,450,000
Other Expenses$112,870
Total Fundraising Expense$44,526
Professional Fundraising Fees$2,497
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,450,000--$1,450,000
Fees for Services Management$5,796$25,129$8,817$39,742
Fees for Services Other$17,175$3,138$851$21,164
Fees for Services Accounting-$8,550-$8,550
Advertising$163-$5,683$5,846
All Other Expenses$492$1,966$854$3,312
Fees for Services Professional Fundraising--$2,497$2,497
Other Expenses$5,081-$2,096$2,096
Office Expenses$110$590$3$703
Travel$651--$651
Total Functional Expenses$1,481,468$39,373$44,526$1,565,367

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,565,367
Total Expenses per Audited Statements$1,565,367
Total Expenses per Form 990$1,565,367
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Univ of Southern CalLos Angeles, CA-Kidney Disease Research$1,450,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$2,497
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Kenneth kleinberg is the father of lewis kleinbergjack black is the brother of jill black zalbenmiguel koenig is the brother of camila koenig

Form 990, Part VI, Line 11B: Form 990 Review Process

The 990 is reviewed at a board meeting and approved before it is signed and filed. A copy of the return is in agenda materials sent to each board member.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Board secretary mails conflict of interest statements to board members and is responsible to account for the signed copies from board members.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The president and chief financial officer are both volunteer positions. The secretary position is filled by an independent contractor whose contract was reviewed and approved by the full board of directors. This contractor performs all administrative functions.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The secretary position is filled by an independent contractor whose contract was reviewed and approved by the full board of directors. This contractor also performs all administrative functions.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

All governing documents, policies, and financial statements are available upon request. This is considered adequate given the lack of interest in this information. This is the sixth year that the financial statements have been audited. The first audit was for the year ended 12/31/2010. Federal tax returns are posted on the charity information aggregation site, guidestar.org.

Part VI Section B Policies - Conflict of Interest - Question 12

A conflict of interest policy has been adopted and yearly disclosures are required from directors, officers, and contracted staff.

Part VI Section B. Whistleblower Policy - Question 13

The organization has no employees and therefore a whistleblower policy is not considered to be necessary.

Filing and Contact Details

Filer

Filer Name
University Kidney Research Organization
EIN
03-0459723
Phone
3102863480
Address
11111 SANTA MONICA BLVD, LOS ANGELES, CA 90025

Signing Officer

Name
Kenneth Kleinberg
Title
President
Signed
2016-07-06
Discuss with paid preparer
Yes

Organization Details

Formed
2002
Legal Domicile
CA
Voting Board Members
19
Independent Board Members
17
Employees
0

Preparer

Firm
Byeman & Cleary CPAs
Address
412 W Broadway Suite 206, Glendale, CA 91204-1297
Preparer
William a Cleary
Phone
8182473223
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IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15CFO
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IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Secretary
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IRS990/MissionDesc0UNIVERSITY KIDNEY RESEARCH ORGANIZATION SUPPORTS MEDICAL RESEARCH RELATED TO THE PREVENTION, TREATMENT, AND ERADICATION OF KIDNEY DISEASE. IT AWARDS THE JOHN MCKAY FELLOWSHIP IN RENAL RESEARCH PERIODICALLY TO INTERDISCIPLINARY INVESTIGATORS IN UNIVERSITY AND RESEARCH HOSPITALS. THE DIRECTOR OF THE JOINT USC/UKRO KIDNEY RESEARCH CENTER, ON THE UNIVERSITY OF SOUTHERN CALIFORNIA HEALTH SCIENCES CAMPUS, WAS RETAINED IN JULY 2015 ALONG WITH THE FIRST OF A PLANNED FOUR-MEMBER TEAM OF CLINICIANS/RESEARCHERS. THE CENTER WAS OPENED IN SEPTEMBER 2015. UKRO CONTINUES TO FUNDRAISE TO FULFILL ITS FINANCIAL COMMITMENT TO THE CENTER AND ITS FULL STAFFING AND OPERATION.
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IRS990/OtherExpensesGrp/Desc1PUBLIC RELATIONS
IRS990/OtherExpensesGrp/Desc2MEALS & ENTERTAINMENT
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt045487
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01511
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02601
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03279

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.00$0.29$0.11$0.24$0.13
2023Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$0.38$0.53$0.16
2022Detailed filing. Detailed filing data is available for this year.$0.57$0.00$0.57$0.75$0.34$0.41
2021Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$0.13$0.13$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.10$0.19$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$0.37$0.41$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$0.06$0.27$0.21
2017Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.50$0.39$0.14$0.25
2016Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$0.29$0.13$0.16
2015Detailed filing. Detailed filing data is available for this year.$0.29$0.21$0.09$0.29$1.57$1.27
2014Detailed filing. Detailed filing data is available for this year.$1.36$0.00$1.36$0.27$0.09$0.18
2013Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$0.16$0.09$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.08$1.10$0.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.03$0.92$0.20
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.10$1.05$0.40