Civic Intelligence

Cornell Alumni Association

990 • Fiscal year 2014 • EIN 15-0540548

Jul 01, 2013 to Jun 30, 2014 • Filed on May 07, 2015

401 East State Street No 30114850

(607) 272-8530

Siviq Scores

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

Liabilities / Assets

88th percentile

0.83x

Higher debt load relative to assets than 88% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

85th percentile

1.07x

Higher debt load relative to revenue than 85% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

35th percentile

-1.6%

Higher net margin than 35% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

82nd percentile

$138,443

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 35.8% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

82nd percentile

20%

Faster asset growth than 82% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

46th percentile

2.3%

Faster revenue growth than 46% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$498,436

Up $84,224 (+20%) from 2013

Net Assets

Down

$84,652

Down $6,270 (-6.9%) from 2013

Liabilities

Up

$413,784

Up $90,494 (+28%) from 2013

Revenue

Up

$386,234

Up $8,514 (+2.3%) from 2013

Expenses

Down

$392,504

Down $6,904 (-1.7%) from 2013

Net Income

Up

-$6,270

Up $15,418 (+71%) from 2013

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0-$200KAssets 2011: $440,266Liabilities 2011: $273,208Net Assets 2011: $167,0582011Assets 2012: $370,343Liabilities 2012: $257,733Net Assets 2012: $112,6102012Assets 2013: $414,212Liabilities 2013: $323,290Net Assets 2013: $90,9222013Assets 2014: $498,436Liabilities 2014: $413,784Net Assets 2014: $84,6522014Assets 2015: $201,896Liabilities 2015: $272,892Net Assets 2015: -$70,9962015Assets 2016: $379,449Liabilities 2016: $445,228Net Assets 2016: -$65,7792016Assets 2017: $505,526Liabilities 2017: $448,985Net Assets 2017: $56,5412017Assets 2018: $642,418Liabilities 2018: $462,276Net Assets 2018: $180,1422018Assets 2019: $701,259Liabilities 2019: $451,082Net Assets 2019: $250,1772019Assets 2020: $423,659Liabilities 2020: $188,620Net Assets 2020: $235,0392020Assets 2021: $161,948Liabilities 2021: $128,077Net Assets 2021: $33,8712021Assets 2022: $78,492Liabilities 2022: $0Net Assets 2022: $78,4922022Assets 2023: $72,347Liabilities 2023: $02023

Highlighted filing

2014

Assets$498,436
Liabilities$413,784
Net Assets$84,652

Operations Trend

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

$600K$400K$200K$0-$200K-$400KRevenue 2011: $373,597Expenses 2011: $360,693Net Income 2011: $12,9042011Revenue 2012: $342,848Expenses 2012: $373,706Net Income 2012: -$30,8582012Revenue 2013: $377,720Expenses 2013: $399,408Net Income 2013: -$21,6882013Revenue 2014: $386,234Expenses 2014: $392,504Net Income 2014: -$6,2702014Revenue 2015: $223,381Expenses 2015: $347,990Net Income 2015: -$124,6092015Revenue 2016: $323,110Expenses 2016: $317,893Net Income 2016: $5,2172016Revenue 2017: $412,542Expenses 2017: $290,222Net Income 2017: $122,3202017Revenue 2018: $392,872Expenses 2018: $269,271Net Income 2018: $123,6012018Revenue 2019: $350,907Expenses 2019: $280,872Net Income 2019: $70,0352019Revenue 2020: $263,952Expenses 2020: $279,090Net Income 2020: -$15,1382020Revenue 2021: $88,781Expenses 2021: $289,949Net Income 2021: -$201,1682021Revenue 2022: $87,894Expenses 2022: $43,273Net Income 2022: $44,6212022Revenue 2023: $325Expenses 2023: $6,470Net Income 2023: -$6,1452023

Highlighted filing

2014

Revenue$386,234
Expenses$392,504
Net Income-$6,270
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 7, 2015
Return Version
2013v4.0
Gross Receipts
$1,277,128
Mission and Program Overview

Mission

To promote in every proper way the interests of cornell university and to foster among its alumni a sentiment of regard for each other and attachment to their alma mater.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$249,784$307,393▲ $57,609
Accounts Receivable$142,270$163,481▲ $21,211
Prepaid Expenses and Deferred Charges$16,338$20,548▲ $4,210
Land, Buildings, and Equipment, Net$5,669$6,945▲ $1,276
Cash and Non-Interest-Bearing Accounts$151$69▼ $82
Total Assets$414,212$498,436▲ $84,224
Liabilities
Accounts Payable and Accrued Expenses$323,290$413,784▲ $90,494
Total Liabilities$323,290$413,784▲ $90,494
Net Assets / Fund Balance
Unrestricted Net Assets$90,922$84,652▼ $6,270
Total Net Assets Fund Balance$90,922$84,652▼ $6,270
Total Liabilities and Net Assets / Fund Balance$414,212$498,436▲ $84,224

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,945$240,704$247,649

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$177,448-▲ $1,810-$179,258
2012$175,426-▲ $2,022-$177,448
2011$172,861-▲ $2,565-$175,426
2010$169,663-▲ $3,198-$172,861
2009$164,554-▲ $5,330$221$169,663
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
James RobertsHce - Magazine DirectorFT$116,620$21,823$138,443

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$40,401
Program Service Revenue
$50,000
Investment Income
$2,048
Other Revenue
$293,785
All Other Contributions
$40,401
Change in Net Assets
$-6,270
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$273,027
Other Expenses$119,477
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$117,053-$117,053
Other Employee Benefits-$62,382-$62,382
Payroll Taxes-$47,838-$47,838
Pension Plan Contributions-$45,754-$45,754
Conferences and Meetings$37,302--$37,302
Office Expenses$1,181$22,211-$23,392
Insurance-$13,749-$13,749
Travel$1,918$11,244-$13,162
Fees for Services Accounting-$6,500-$6,500
Information Technology-$2,976-$2,976
Depreciation Depletion-$2,054-$2,054
Other Expenses$16,114$250-$250
Total Functional Expenses$56,515$335,989$0$392,504
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
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, Section A, Line 6

Members consist of graduates; matriculates in the undergraduate colleges and schools whose entering classes have graduated; former candidates for advanced degrees; military personnel and civilians who, while engaged in full time resident war training programs, have taken courses which are acceptable for credit toward a degree and whose written requests for membership have been accepted by the federation board.

Form 990, Part VI, Section A, Line 7A

Members serving on the committee on federation nominations shall convene annually to consider and to nominate a list of alumni to fill open directorships.

Form 990, Part VI, Section B, Line 11

Copies of form 990 are distributed to board members prior to filing for formal board member review.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

EIN
15-0540548
Phone
6072728530

Signing Officer

Name
Kelly Brown
Title
President
Phone
6072728530
Signed
2015-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kelly Brown
Formed
1903
Legal Domicile
Ny
Voting Board Members
49
Independent Board Members
49
Employees
9
Volunteers
49

Preparer

Preparer
D Leslie Spurgin
Phone
6072724444
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

To fund future programs in accordance with the organization's tax exempt purpose

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm19ENRIQUE VILA-BIAGGI
IRS990/Form990PartVIISectionAGrp/PersonNm20JUDY OSGOOD
IRS990/Form990PartVIISectionAGrp/PersonNm21THERESA FLORES
IRS990/Form990PartVIISectionAGrp/PersonNm22DIANE SHAKIN
IRS990/Form990PartVIISectionAGrp/PersonNm23JACLYN SPEAR
IRS990/Form990PartVIISectionAGrp/PersonNm24MARK O'HERN
IRS990/Form990PartVIISectionAGrp/PersonNm25LINDA VECCHIOTTI SAAL
IRS990/Form990PartVIISectionAGrp/PersonNm26DANIEL GRAUMAN
IRS990/Form990PartVIISectionAGrp/PersonNm27EDWARD VON DER SCHMIDT III
IRS990/Form990PartVIISectionAGrp/PersonNm28MICHAEL LEE
IRS990/Form990PartVIISectionAGrp/PersonNm29EMANUEL TSOUROUNIS II
IRS990/Form990PartVIISectionAGrp/PersonNm30EILEEN MCMANUS WALKER
IRS990/Form990PartVIISectionAGrp/PersonNm31KATRINA JAMES
IRS990/Form990PartVIISectionAGrp/PersonNm32ROBERT ROSENBERG
IRS990/Form990PartVIISectionAGrp/PersonNm33KELLY BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm34JAMES MAZZA
IRS990/Form990PartVIISectionAGrp/PersonNm35KRISHNA COLLIE
IRS990/Form990PartVIISectionAGrp/PersonNm36ROSANNA FRANK
IRS990/Form990PartVIISectionAGrp/PersonNm37STEVEN FLYER
IRS990/Form990PartVIISectionAGrp/PersonNm38TOM PASNIEWSKI
IRS990/Form990PartVIISectionAGrp/PersonNm39DEBRA SILVERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm40JEFF MACCORKLE
IRS990/Form990PartVIISectionAGrp/PersonNm41JAY TREADWELL
IRS990/Form990PartVIISectionAGrp/PersonNm42BRAD GRAINGER
IRS990/Form990PartVIISectionAGrp/PersonNm43SANDY TORGET
IRS990/Form990PartVIISectionAGrp/PersonNm44JENNIFER KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm45MARILYN YODLOWSKI
IRS990/Form990PartVIISectionAGrp/PersonNm46MICHELLE COLBAN
IRS990/Form990PartVIISectionAGrp/PersonNm47JOHN VUKELJ
IRS990/Form990PartVIISectionAGrp/PersonNm48BILL HOWARD
IRS990/Form990PartVIISectionAGrp/PersonNm49JAMES ROBERTS
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt450
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt460
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt470
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt480
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt490
IRS990/Form990PartVIISectionAGrp/TitleTxt0IMMEDIATE PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$0.72$0.00$0.00$0.06$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$0.88$0.43$0.45
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.62$1.28$0.34$0.89$2.90$2.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.24$1.89$2.35$2.64$2.79$0.15
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.01$4.51$2.50$3.51$2.81$0.70
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.42$4.62$1.80$3.93$2.69$1.24
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.06$4.49$0.57$4.13$2.90$1.22
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.79$4.45$0.66$3.23$3.18$0.05
2015Summary only. Only limited summary data is available for this year.$2.02$2.73$0.71$2.23$3.48$1.25
2014Detailed filing. Detailed filing data is available for this year.$4.98$4.14$0.85$3.86$3.93$0.06
2013Summary only. Only limited summary data is available for this year.$4.14$3.23$0.91$3.78$3.99$0.22
2012Summary only. Only limited summary data is available for this year.$3.70$2.58$1.13$3.43$3.74$0.31
2011Summary only. Only limited summary data is available for this year.$4.40$2.73$1.67$3.74$3.61$0.13