Civic Intelligence

Syracuse University Alumni Association Inc.

990 • Fiscal year 2015 • EIN 16-1431749

Jul 01, 2014 to Jun 30, 2015 • Filed on May 11, 2016

401 University Place 3rd FloorSyracuse, NY 13244-3020

(315) 443-3037

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.01x

Higher debt load relative to assets than 42% of similar nonprofits.

2015 filings • NTEE B • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

44th percentile

0.02x

Higher debt load relative to revenue than 44% of similar nonprofits.

2015 filings • NTEE B • $500k-$1M nonprofits • Source year 2015

Net Margin

75th percentile

16%

Higher net margin than 75% of similar nonprofits.

2015 filings • NTEE B • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

100th percentile

$754,163

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 187.4% of source-year revenue.

2015 filings • NTEE B • $500k-$1M nonprofits • Source year 2015

Asset Growth

68th percentile

12%

Faster asset growth than 68% of similar nonprofits.

2015 filings • NTEE B • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

57th percentile

5.6%

Faster revenue growth than 57% of similar nonprofits.

2015 filings • NTEE B • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$657,034

Up $69,594 (+12%) from 2014

Net Assets

Up

$649,854

Up $63,675 (+11%) from 2014

Liabilities

Up

$7,180

Up $5,919 (+469%) from 2014

Revenue

Up

$402,485

Up $21,186 (+5.6%) from 2014

Expenses

Down

$337,270

Down $47,612 (-12%) from 2014

Net Income

Up

$65,215

Up $68,798 (+1920%) from 2014

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

2015

Assets$657,034
Liabilities$7,180
Net Assets$649,854

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

2015

Revenue$402,485
Expenses$337,270
Net Income$65,215
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 11, 2016
Return Version
2014v6.0
Gross Receipts
$423,969
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$394,820$473,029▲ $78,209
Investments in Publicly Traded Securities$191,462$182,973▼ $8,489
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$587,440$657,034▲ $69,594
Other Assets Total$1,158$1,032▼ $126
Liabilities
Accounts Payable and Accrued Expenses$1,261$7,180▲ $5,919
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$7,180▲ $5,919
Net Assets / Fund Balance
Unrestricted Net Assets$480,938$482,207▲ $1,269
Temporarily Rstr Net Assets$105,241$167,647▲ $62,406
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$586,179$649,854▲ $63,675
Total Liabilities and Net Assets / Fund Balance$587,440$657,034▲ $69,594
Compensation and Service Providers

Board Members and Trustees

NameTitle
Andrew LaverChair
Danielle MatfessChair
Jennifer ErzenChair
Kristen KrikorianChair
Sam ClarvitChair
Laurie TaishoffPresident
Mark VeroneChair/vice President
Tracy BarashChair/vice President
Ann Marie BuerkleDirector
Anthony ColonDirector
Douglas SherkDirector
Franklyn DuporteDirector
Hessah Al-OjayanDirector
John RobinsonDirector
Manuel MazoDirector
Marc PenzinerDirector
Mark ErwinDirector
Pamela A Brink-MulliganDirector
Papiya GuptaDirector
Ray FreiwirthDirector
Reginald AcloqueDirector
Robert MitchellDirector
Ryan P McNaughtonDirector
Shawn R OutlerDirector
Thomas CarusoDirector
Deborah J ArmstrongRegional Advancement Rep.
Elizabeth O'RourkeSecretary
Boris GreselyStudent Member
Jack HardingStudent Member
Lara AlkarimStudent Member
Musu SirleafStudent Member
Louis G MarcocciaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$143,254
Program Service Revenue
$247,153
Investment Income
$9,294
Other Revenue
$2,784
All Other Contributions
$88,588
Change in Net Assets
$65,215

Audited Revenue Reconciliation

Revenue per Audited Statements
$423,969
Revenue Not Reported on Financial Statements
$-21,484
Revenue Not Reported on Form 990
$-1,540
Other Revenue Adjustments
$-21,484
Total Revenue per Audited Statements
$422,429
Total Revenue per Form 990
$402,485
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$299,985
Grants and Similar Amounts Paid$37,285
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$24,840--$24,840
Travel$24,260--$24,260
Office Expenses-$22,074-$22,074
Other Expenses$21,893--$21,893
Advertising$13,418-$0$13,418
Grants to Domestic Orgs$12,445--$12,445
Information Technology-$3,057-$3,057
Total Functional Expenses$312,139$25,131$0$337,270

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$358,754
Expenses per Audited Statements$337,270
Total Expenses per Form 990$337,270
Expenses Not Reported on Form 990$21,484
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Syracuse University Skytop Office BldgSytracuse, NY501(c)(3)Scholarship Fund$12,445
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$21,484
Fundraising Gross Income$21,484
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Whitman Ny Golf$26,518$17,875-$17,875
Cny Golf$5,098$3,609$574$3,035
Total Events$31,616$21,484$21,484-
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

Filer Name
Syracuse University Alumni Association Inc
EIN
16-1431749
In Care Of
% LOUIS G MARCOCCIA
Phone
3154433037
Address
401 UNIVERSITY PLACE 3RD FLOOR, SYRACUSE, NY 13244-3020

Signing Officer

Name
Louis G Marcoccia
Title
Treasurer
Phone
3154433037
Signed
2016-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Louis G Marcoccia Treasurer
Formed
1993
Legal Domicile
Ny
Voting Board Members
32
Independent Board Members
29
Employees
0
Volunteers
135

Preparer

Firm
Kpmg Llp
Address
60 South Street, Boston, MA 02111
Preparer
TARA D'AGOSTINO
Phone
6179881000
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. Deborah j. Armstrong, dr. Louis g. Marcoccia, and elizabeth o'rourke are full time employees of syracuse university who devote 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

Fin 48 (asc 740) Footnote

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

Other Revenue Included on Return But Not in Financial Statements

Part xi, line 4b reclass of fundraising expense (21,484)

Other Expense Included in Financial Statements But Not on Return

Part xii, line 2d reclass of fundraising expense 21,484

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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/PersonNm1Hessah Al-Ojayan
IRS990/Form990PartVIISectionAGrp/PersonNm2Tracy Barash
IRS990/Form990PartVIISectionAGrp/PersonNm3Pamela A Brink-Mulligan
IRS990/Form990PartVIISectionAGrp/PersonNm4Ann Marie Buerkle
IRS990/Form990PartVIISectionAGrp/PersonNm5Thomas Caruso
IRS990/Form990PartVIISectionAGrp/PersonNm6Sam Clarvit
IRS990/Form990PartVIISectionAGrp/PersonNm7Anthony Colon
IRS990/Form990PartVIISectionAGrp/PersonNm8Franklyn Duporte
IRS990/Form990PartVIISectionAGrp/PersonNm9Mark Erwin
IRS990/Form990PartVIISectionAGrp/PersonNm10Jennifer Erzen
IRS990/Form990PartVIISectionAGrp/PersonNm11Ray Freiwirth
IRS990/Form990PartVIISectionAGrp/PersonNm12Papiya Gupta
IRS990/Form990PartVIISectionAGrp/PersonNm13Kristen Krikorian
IRS990/Form990PartVIISectionAGrp/PersonNm14Andrew Laver
IRS990/Form990PartVIISectionAGrp/PersonNm15Danielle Matfess
IRS990/Form990PartVIISectionAGrp/PersonNm16Manuel Mazo
IRS990/Form990PartVIISectionAGrp/PersonNm17Ryan P McNaughton
IRS990/Form990PartVIISectionAGrp/PersonNm18Robert Mitchell
IRS990/Form990PartVIISectionAGrp/PersonNm19Shawn R Outler
IRS990/Form990PartVIISectionAGrp/PersonNm20Marc Penziner
IRS990/Form990PartVIISectionAGrp/PersonNm21John Robinson
IRS990/Form990PartVIISectionAGrp/PersonNm22Douglas Sherk
IRS990/Form990PartVIISectionAGrp/PersonNm23Laurie Taishoff
IRS990/Form990PartVIISectionAGrp/PersonNm24Mark Verone
IRS990/Form990PartVIISectionAGrp/PersonNm25Lara Alkarim
IRS990/Form990PartVIISectionAGrp/PersonNm26Boris Gresely
IRS990/Form990PartVIISectionAGrp/PersonNm27Jack Harding
IRS990/Form990PartVIISectionAGrp/PersonNm28Musu Sirleaf
IRS990/Form990PartVIISectionAGrp/PersonNm29Deborah J Armstrong
IRS990/Form990PartVIISectionAGrp/PersonNm30Louis G Marcoccia
IRS990/Form990PartVIISectionAGrp/PersonNm31Elizabeth O'Rourke
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR/VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt15Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22Director
IRS990/Form990PartVIISectionAGrp/TitleTxt23PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt24CHAIR/VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt25STUDENT MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt26STUDENT MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt27STUDENT MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt28STUDENT MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt29REGIONAL ADVANCEMENT REP.
IRS990/Form990PartVIISectionAGrp/TitleTxt30TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt31SECRETARY
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IRS990/InvestmentsPubTradedSecGrp/BOYAmt0191462

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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