Civic Intelligence

Syracuse University Alumni Association Inc.

990 • Fiscal year 2014 • EIN 16-1431749

Jul 01, 2013 to Jun 30, 2014 • Filed on May 12, 2015

401 University Place 3rd FloorGoldstein Alumni And Faculty Center13244-3020

(315) 443-3037

Siviq Scores

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

Liabilities / Assets

28th percentile

0.00x

Higher debt load relative to assets than 28% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

29th percentile

0.00x

Higher debt load relative to revenue than 29% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

36th percentile

-0.9%

Higher net margin than 36% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2014

Asset Growth

44th percentile

0.4%

Faster asset growth than 44% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$587,440

Up $2,302 (+0.4%) from 2013

Net Assets

Up

$586,179

Up $2,302 (+0.4%) from 2013

Liabilities

Flat

$1,261

Flat from 2013

Revenue

$381,299

No earlier filing loaded for comparison.

Expenses

Up

$384,882

Up $55,682 (+17%) from 2013

Net Income

-$3,583

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $549,213Liabilities 2011: $1,209Net Assets 2011: $548,0042011Assets 2012: $538,830Liabilities 2012: $1,261Net Assets 2012: $537,5692012Assets 2013: $585,138Liabilities 2013: $1,261Net Assets 2013: $583,8772013Assets 2014: $587,440Liabilities 2014: $1,261Net Assets 2014: $586,1792014Assets 2015: $657,034Liabilities 2015: $7,180Net Assets 2015: $649,8542015Assets 2016: $681,461Liabilities 2016: $9,525Net Assets 2016: $671,9362016Assets 2017: $696,806Liabilities 2017: $6,262Net Assets 2017: $690,5442017Assets 2018: $572,354Liabilities 2018: $8,042Net Assets 2018: $564,3122018Assets 2019: $561,107Liabilities 2019: $9,085Net Assets 2019: $552,0222019Assets 2020: $523,411Liabilities 2020: $0Net Assets 2020: $523,4112020Assets 2021: $507,986Liabilities 2021: $0Net Assets 2021: $507,9862021Assets 2022: $479,899Liabilities 2022: $0Net Assets 2022: $479,8992022Assets 2023: $428,957Liabilities 2023: $0Net Assets 2023: $428,9572023Assets 2024: $323,648Liabilities 2024: $0Net Assets 2024: $323,6482024

Highlighted filing

2014

Assets$587,440
Liabilities$1,261
Net Assets$586,179

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $360,9662011Expenses 2012: $408,6502012Expenses 2013: $329,2002013Revenue 2014: $381,299Expenses 2014: $384,882Net Income 2014: -$3,5832014Revenue 2015: $402,485Expenses 2015: $337,270Net Income 2015: $65,2152015Revenue 2016: $278,229Expenses 2016: $253,082Net Income 2016: $25,1472016Revenue 2017: $324,957Expenses 2017: $310,422Net Income 2017: $14,5352017Revenue 2018: $182,856Expenses 2018: $308,688Net Income 2018: -$125,8322018Revenue 2019: $192,437Expenses 2019: $208,425Net Income 2019: -$15,9882019Revenue 2020: $104,746Expenses 2020: $136,203Net Income 2020: -$31,4572020Revenue 2021: $27,844Expenses 2021: $46,747Net Income 2021: -$18,9032021Revenue 2022: $44,412Expenses 2022: $68,336Net Income 2022: -$23,9242022Revenue 2023: $12,585Expenses 2023: $65,356Net Income 2023: -$52,7712023Revenue 2024: $11,861Expenses 2024: $120,299Net Income 2024: -$108,4382024

Highlighted filing

2014

Revenue$381,299
Expenses$384,882
Net Income-$3,583
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 12, 2015
Return Version
2013v4.0
Gross Receipts
$381,299
Mission and Program Overview

Mission

*SEE SCHEDULE O*

To promote, foster and encourage alumni & friends of syracuse university to maintain personal involvement and financial support of the activities of syracuse university.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$401,750$394,820▼ $6,930
Investments in Publicly Traded Securities$180,467$191,462▲ $10,995
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$585,138$587,440▲ $2,302
Other Assets Total$2,921$1,158▼ $1,763
Liabilities
Accounts Payable and Accrued Expenses$1,261$1,261→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,261$1,261→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$471,857$480,938▲ $9,081
Temporarily Rstr Net Assets$112,020$105,241▼ $6,779
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$583,877$586,179▲ $2,302
Total Liabilities and Net Assets / Fund Balance$585,138$587,440▲ $2,302
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$70,188
Program Service Revenue
$304,013
Investment Income
$6,148
Other Revenue
$950
All Other Contributions
$27,433
Change in Net Assets
$-3,583

Audited Revenue Reconciliation

Revenue per Audited Statements
$381,299
Revenue Not Reported on Form 990
$5,885
Total Revenue per Audited Statements
$387,184
Total Revenue per Form 990
$381,299
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$340,242
Grants and Similar Amounts Paid$44,640
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$151,794--$151,794
Grants to Domestic Individuals$25,530--$25,530
Travel$24,209--$24,209
Grants to Domestic Orgs$19,110--$19,110
Advertising$13,992-$0$13,992
Office Expenses-$13,466-$13,466
Information Technology-$4,001-$4,001
Total Functional Expenses$367,415$17,467$0$384,882

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$384,882
Total Expenses per Audited Statements$384,882
Total Expenses per Form 990$384,882
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
15-0532081-501(c)(3)Scholarship Fund$12,539
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

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

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

EIN
16-1431749
In Care Of
% LOUIS G MARCOCCIA
Phone
3154433037

Signing Officer

Name
Louis G Marcoccia
Title
Treasurer
Phone
3154433037
Signed
2015-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Louis G Marcoccia Treasurer
Formed
1993
Legal Domicile
Ny
Voting Board Members
29
Independent Board Members
27
Employees
0
Volunteers
120

Preparer

Preparer
TARA D'AGOSTINO
Phone
3154433037
Supplemental Narrative

Additional Explanations

Organization Mission

Part iii, line 1 the primary exempt purpose of the syracuse university alumni association, inc. Is to promote, foster and encourage alumni and friends of syracuse university to maintain personal involvement in, and financial support of the activities of syracuse university as an institution committed to promoting learning through teaching, research, scholarship creative accomplishment and service. The association includes the chartered alumni clubs in many cities within the united states. Members part vi, section a, question 6 syracuse university is the sole member of syracuse university alumni association, inc. Power to elect or appoint one or more members of the governing body part vi, section a, question 7a the secretary, treasurer, assistant secretary, and assistant treasurer are appointed by the chancellor of syracuse university for terms to be designated by the chancellor. Governance decisions reserved by members part vi, section a, question 7b within three business days of any action by the board of directors or executive committee which relates to a financial commitment or transaction of the association, or to a significant interest of syracuse university, any member of the executive committee may refer the action to the chancellor of syracuse university. As an officer of the sole member of the association, the chancellor shall have the right within five additional business days to veto the action referred to him if he determines the action to be contrary to the best interests of the association or university. Procedures governing branches part vi, section b, question 10 syracuse university alumni association provides governance to the chartered chapters. Chapters make application to the alumni association for recognition. Chapters are required to be organized and operated under approved charters and bylaws.

Review Process for Form 990

Part vi, section b, question 11b the form 990 is prepared from information obtained from each of the chartered alumni clubs. The return is reviewed by management before filing with the internal revenue service. Syracuse university also provides oversight during the review process by dr. Louis g. Marcoccia, treasurer of the alumni association and also executive vice president and chief financial officer of syracuse university. The filing copy of the form 990 will be provided to all members of the governing body prior to filing the return with the internal revenue service.

Compensation

Part vi, section b, questions 12-15 syracuse university alumni association does not have employees and its activities are conducted primarily by volunteer alumni of syracuse university. The university donates office space and provides administrative support to the alumni association. The alumni association complies with the university's policies regarding potential conflicts of interest, whistleblower policy, and document retention policy.

Public Disclosure

Part vi, section c, question 19 the governing documents, financial statements and form 990 are available upon request.

Schedule J, Part II, Compensation From Related Organization

Form 990, part vii & schedule j, part ii syracuse university alumni association is provided administrative support by syracuse university. Elizabeth o'rourke is a full time employee of syracuse university who devotes approximately 60 hours per week to the university of which approximately two hours per week are devoted to the alumni association. Dr. Louis g. Marcoccia is a full time employee of syracuse university who devotes approximately 60 hours per week to the university of which approximately two hours per week are devoted to the alumni association.

Financial Reporting

Part xii syracuse university alumni association, inc. And its sole member, syracuse university, assumes responsibility for the oversight of the review of the financial statements and the selection of the independent accounting firm.

Financial Statement Notes

Part X, Line 2

The association is generally exempt from federal income tax under section 501(c)(3) of the internal revenue code.

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IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Chair
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IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt14Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt22Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt23STUDENT MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt24STUDENT MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt25STUDENT MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt26STUDENT MEMBER
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.24$0.00$3.24$0.12$1.20$1.08
2023Detailed filing. Detailed filing data is available for this year.$4.29$0.00$4.29$0.13$0.65$0.53
2022Detailed filing. Detailed filing data is available for this year.$4.80$0.00$4.80$0.44$0.68$0.24
2021Detailed filing. Detailed filing data is available for this year.$5.08$0.00$5.08$0.28$0.47$0.19
2020Detailed filing. Detailed filing data is available for this year.$5.23$0.00$5.23$1.05$1.36$0.31
2019Detailed filing. Detailed filing data is available for this year.$5.61$0.09$5.52$1.92$2.08$0.16
2018Detailed filing. Detailed filing data is available for this year.$5.72$0.08$5.64$1.83$3.09$1.26
2017Detailed filing. Detailed filing data is available for this year.$6.97$0.06$6.91$3.25$3.10$0.15
2016Detailed filing. Detailed filing data is available for this year.$6.81$0.10$6.72$2.78$2.53$0.25
2015Detailed filing. Detailed filing data is available for this year.$6.57$0.07$6.50$4.02$3.37$0.65
2014Detailed filing. Detailed filing data is available for this year.$5.87$0.01$5.86$3.81$3.85$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.85$0.01$5.84$3.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.39$0.01$5.38$4.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.49$0.01$5.48$3.61