Civic Intelligence

Fnub Inc.

990 • Fiscal year 2016 • EIN 16-1537468

Jul 01, 2015 to Jun 30, 2016 • Filed on May 12, 2017

Organization ProfileWWW.UB-FOUNDATION.ORG
Box 900Buffalo, NY 14226

(716) 645-3011

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.36x

Higher debt load relative to assets than 93% of similar nonprofits.

2016 filings • NTEE T • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

96th percentile

8.50x

Higher debt load relative to revenue than 96% of similar nonprofits.

2016 filings • NTEE T • $10M-$25M nonprofits • Source year 2016

Net Margin

25th percentile

-78%

Higher net margin than 25% of similar nonprofits.

2016 filings • NTEE T • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

93rd percentile

$253,929

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 35.2% of source-year revenue.

2016 filings • NTEE T • $10M-$25M nonprofits • Source year 2016

Asset Growth

10th percentile

-6.9%

Faster asset growth than 10% of similar nonprofits.

2016 filings • NTEE T • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

11th percentile

-74%

Faster revenue growth than 11% of similar nonprofits.

2016 filings • NTEE T • $10M-$25M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Down

$16,807,189

Down $1,250,529 (-6.9%) from 2015

Net Assets

Down

$10,677,155

Down $285,471 (-2.6%) from 2015

Liabilities

Down

$6,130,034

Down $965,058 (-14%) from 2015

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin25th percentile

Revenue

Down

$721,030

Down $2,006,621 (-74%) from 2015

Expenses

Down

$1,280,490

Down $32,847 (-2.5%) from 2015

Net Income

Down

-$559,460

Down $1,973,774 (-140%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

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

$40M$30M$20M$10M$0Assets 2011: $27,921,775Liabilities 2011: $23,000,021Net Assets 2011: $4,921,7542011Assets 2012: $31,941,386Liabilities 2012: $27,125,650Net Assets 2012: $4,815,7362012Assets 2013: $34,198,370Liabilities 2013: $27,122,635Net Assets 2013: $7,075,7352013Assets 2014: $18,439,023Liabilities 2014: $8,716,228Net Assets 2014: $9,722,7952014Assets 2015: $18,057,718Liabilities 2015: $7,095,092Net Assets 2015: $10,962,6262015Assets 2016: $16,807,189Liabilities 2016: $6,130,034Net Assets 2016: $10,677,1552016Assets 2017: $16,674,625Liabilities 2017: $6,406,230Net Assets 2017: $10,268,3952017Assets 2018: $13,925,768Liabilities 2018: $6,736,612Net Assets 2018: $7,189,1562018Assets 2019: $14,579,257Liabilities 2019: $6,664,581Net Assets 2019: $7,914,6762019Assets 2020: $14,480,905Liabilities 2020: $6,374,099Net Assets 2020: $8,106,8062020Assets 2021: $15,260,522Liabilities 2021: $7,264,759Net Assets 2021: $7,995,7632021Assets 2022: $15,906,906Liabilities 2022: $6,801,663Net Assets 2022: $9,105,2432022Assets 2023: $19,274,040Liabilities 2023: $7,439,357Net Assets 2023: $11,834,6832023Assets 2024: $14,850,962Liabilities 2024: $6,817,709Net Assets 2024: $8,033,2532024

Highlighted filing

2016

Assets$16,807,189
Liabilities$6,130,034
Net Assets$10,677,155
Open 2016 Filing

Operations Trend

Revenue Growth11th percentile

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

$10M$5.0M$0-$5.0MRevenue 2011: $3,861,001Expenses 2011: $6,343,713Net Income 2011: -$2,482,7122011Revenue 2012: $2,631,760Expenses 2012: $2,604,778Net Income 2012: $26,9822012Expenses 2013: $2,803,9072013Revenue 2014: $6,758,395Expenses 2014: $3,733,934Net Income 2014: $3,024,4612014Revenue 2015: $2,727,651Expenses 2015: $1,313,337Net Income 2015: $1,414,3142015Revenue 2016: $721,030Expenses 2016: $1,280,490Net Income 2016: -$559,4602016Revenue 2017: $925,770Expenses 2017: $1,334,530Net Income 2017: -$408,7602017Revenue 2018: $323,377Expenses 2018: $3,402,616Net Income 2018: -$3,079,2392018Revenue 2019: $2,207,440Expenses 2019: $1,481,920Net Income 2019: $725,5202019Revenue 2020: $1,514,651Expenses 2020: $1,322,521Net Income 2020: $192,1302020Revenue 2021: $1,161,928Expenses 2021: $1,272,971Net Income 2021: -$111,0432021Revenue 2022: $2,139,864Expenses 2022: $1,030,384Net Income 2022: $1,109,4802022Revenue 2023: $4,274,626Expenses 2023: $1,545,186Net Income 2023: $2,729,4402023Revenue 2024: $1,725,249Expenses 2024: $5,526,679Net Income 2024: -$3,801,4302024

Highlighted filing

2016

Revenue$721,030
Expenses$1,280,490
Net Income-$559,460
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 12, 2017
Return Version
2015v3.0
Gross Receipts
$890,980
Mission and Program Overview

Mission

The mission of the organization is to perform administrative and other activities for the university at buffalo and its related organizations in support of the charitable and educational purposes of the university.

To perform administrative and other activities for the university at buffalo and its related organizations in support of the charitable purposes of the university.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$16,102,960$15,282,220▼ $820,740
Cash and Non-Interest-Bearing Accounts$154,057$346,208▲ $192,151
Accounts Receivable$69,976$0▼ $69,976
Prepaid Expenses and Deferred Charges$0$18,873▲ $18,873
Savings and Temporary Cash Investments$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
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$18,057,718$16,807,189▼ $1,250,529
Other Assets Total$1,730,725$1,159,888▼ $570,837
Liabilities
Other Liabilities$7,010,663$6,045,068▼ $965,595
Accounts Payable and Accrued Expenses$84,429$84,966▲ $537
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$7,095,092$6,130,034▼ $965,058
Net Assets / Fund Balance
Unrestricted Net Assets$11,066,665$10,677,155▼ $389,510
Temporarily Rstr Net Assets$169,950$0▼ $169,950
Permanently Rstr Net Assets$-273,989$0▲ $273,989
Total Net Assets Fund Balance$10,962,626$10,677,155▼ $285,471
Total Liabilities and Net Assets / Fund Balance$18,057,718$16,807,189▼ $1,250,529

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,205,666$6,935,800$16,141,466
Land$5,225,917-$5,225,917
Leasehold Improvements$847,152$979,062$1,826,214
Equipment$3,485$93,239$96,724
Other Assets Org$1,159,888--
Compensation and Service Providers
Top Officer Pay93rd percentile

Board Members and Trustees

NameTitle
Beverly Foit-albertChair/director
Daniel HamisterDirector
Gary BichlerDirector
Jean PowersDirector
Jordan LevyDirector
Judith IttigDirector
Ravindar BansalDirector
Ronald SchreiberDirector
Sheldon BerlowDirector
Steven H ShepsmanDirector
Thomas BlackDirector
Edward SchneiderExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$424,196
Program Service Revenue
$466,784
Investment Income
$-169,950
Other Revenue
$0
All Other Contributions
$244,012
Change in Net Assets
$-559,460

Audited Revenue Reconciliation

Revenue per Audited Statements
$721,030
Revenue Not Reported on Form 990
$273,989
Total Revenue per Audited Statements
$995,019
Total Revenue per Form 990
$721,030
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,071,490
Grants and Similar Amounts Paid$209,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$672,386--$672,386
Occupancy$390,410--$390,410
Grants to Domestic Orgs$209,000--$209,000
Fees for Services Legal$8,694--$8,694
Total Functional Expenses$1,280,490$0$0$1,280,490

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,280,490
Total Expenses per Audited Statements$1,280,490
Total Expenses per Form 990$1,280,490
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ub Foundation Activities IncBuffalo, NY501(c)(3)Educational Support$209,000
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
Subject to proxy tax
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payable to Ub Foundation Activities$6,045,068
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Fnub Inc
EIN
16-1537468
In Care Of
% EDWARD P SCHNEIDER
Phone
7166453011
Address
BOX 900, BUFFALO, NY 14226

Signing Officer

Name
Edward P Schneider
Title
Executive Director
Phone
7166450311
Signed
2017-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Edward P Schneider
Formed
1997
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
11

Preparer

Firm
Kpmg Llp
Address
515 Broadway 4th Floor, Albany, NY 12207-2974
Preparer
Todd P Teresco
Phone
5184274600
Supplemental Narrative

Additional Explanations

Form 990 Review Process

“FORM 990, PART VI, LINE 11B After the Form 990 has been prepared and completed internally it is reviewed by the organization's management. An external review of the 990 is then performed by the organization's outside accountants (KPMG). The organization's board of directors has delegated the review process to the audit committee of the University at Buffalo Foundation, Inc., an affiliated entity. The Form 990 is discussed at a meeting of the audit committee prior to filing the return. Upon completion of their review, it is provided to the full board of directors, also prior to the filing of the return with the internal revenue service.”

Explanation of Monitoring and Enforcement of Conflicts

“FORM 990, PART VI, LINE 12C All directors and officers of the organization are required to complete a written conflict of interest disclosure statement on an annual basis. All directors and officers are also required to provide any updated information on potential conflicts that arise prior to the compeltion of the disclosure statement. All disclosure statements are reviewed by the organization's management and legal counsel. All situations that are deemed to represent a conflict as described in the organization's conflict of interest policy are reported to the board chair. The conflicted individual must recuse himself or herself during the discussion of and voting on an action that involves the identified conflict.”

Other Organization Documents Publicly Available

“FORM 990, PART VI, LINE 19 The finanical statements, governing documents, and conflict of interest policy are available upon request. In additions, the financial statements are available on the organizations website and the form 990 is available at www.guidestar.com.”

Other Changes in Net Assets

“Form 990, part xi, line 9 change in actuarial value $273,989”

Financial Statement Notes

Fin 48 (asc 740) Footnote

“Part x, line 2 the internal revenue service has ruled that fnub, inc. Is qualified under section 501(c)(3) of the internal revenue code and is therefore, generally not subject to tax on related income under present federal income tax laws, and is also not a private foundation within the meaning of section 509(a)(3) of the internal revenue code. Fnub, inc. Follows the provisions of asc 740, accounting for uncertainty in income taxes, whereby it recognizes income tax positions when it is more likely than not that the position will be sustainable based on the merits of the position. Management has concluded that there are no material uncertain tax positions that need to be recorded at june 30, 2016.”

Other Revenue Included in F/S But Not on Form 990

“Part xi, line 2d change in actuarial value $273,989”

Raw XML AppendixShowing 400 of 633 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt084429
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt084966
IRS990/AccountsReceivableGrp/BOYAmt069976
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PERFORM ADMINISTRATIVE AND OTHER ACTIVITIES FOR THE UNIVERSITY AT BUFFALO AND ITS RELATED ORGANIZATIONS IN SUPPORT OF THE CHARITABLE PURPOSES OF THE UNIVERSITY.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt0244012
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0EDWARD P SCHNEIDER
IRS990/BooksInCareOfDetail/PhoneNum07166453011
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0BOX 900
IRS990/BooksInCareOfDetail/USAddress/CityNm0BUFFALO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd014226
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0154057
IRS990/CashNonInterestBearingGrp/EOYAmt0346208
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0424196
IRS990/CYGrantsAndSimilarPaidAmt0209000
IRS990/CYInvestmentIncomeAmt0-169950
IRS990/CYOtherExpensesAmt01071490
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0466784
IRS990/CYRevenuesLessExpensesAmt0-559460
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01280490
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0721030
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0672386
IRS990/DepreciationDepletionGrp/TotalAmt0672386
IRS990/Desc0THE ORGANIZATION OWNS AND OPERATES OTHER REAL ESTATE FOR THE BENEFIT OF THE UNIVERSITY AT BUFFALO. THIS REAL ESTATE INCLUDES THE RESIDENCE OF THE UNIVERSITY PRESIDENT, OFFICE SPACE UTILIZED BY THE UNIVERSITY, AND OTHER TENANTS, A BUILDING THAT HOUSED THE UNIVERSITY AT BUFFALO EDUCATIONAL OPPORTUNITY CENTER, TENANT IN COMMON TO A PARKING GARAGE THAT ACCOMMODATES UNIVERSITY PERSONNEL, AN ART GALLERY, AND VACANT LAND.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0true
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt01071490
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt08694
IRS990/FeesForServicesLegalGrp/TotalAmt08694
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt04.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt13.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt24.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt34.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt44.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt53.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt63.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt73.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt84.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt93.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt104.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1150.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt115.0
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1149409
IRS990/Form990PartVIISectionAGrp/PersonNm0RAVINDAR BANSAL
IRS990/Form990PartVIISectionAGrp/PersonNm1SHELDON BERLOW
IRS990/Form990PartVIISectionAGrp/PersonNm2GARY BICHLER
IRS990/Form990PartVIISectionAGrp/PersonNm3THOMAS BLACK
IRS990/Form990PartVIISectionAGrp/PersonNm4BEVERLY FOIT-ALBERT
IRS990/Form990PartVIISectionAGrp/PersonNm5JORDAN LEVY
IRS990/Form990PartVIISectionAGrp/PersonNm6DANIEL HAMISTER
IRS990/Form990PartVIISectionAGrp/PersonNm7JUDITH ITTIG
IRS990/Form990PartVIISectionAGrp/PersonNm8JEAN POWERS
IRS990/Form990PartVIISectionAGrp/PersonNm9RONALD SCHREIBER
IRS990/Form990PartVIISectionAGrp/PersonNm10STEVEN H SHEPSMAN
IRS990/Form990PartVIISectionAGrp/PersonNm11EDWARD SCHNEIDER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt11204520
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIR/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/OtherAmt0-169950
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd0false
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0209000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0209000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt00
IRS990/GrossReceiptsAmt0890980
IRS990/GrossRentsGrp/PersonalAmt00
IRS990/GrossRentsGrp/RealAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt08008101
IRS990/LandBldgEquipBasisNetGrp/BOYAmt016102960
IRS990/LandBldgEquipBasisNetGrp/EOYAmt015282220
IRS990/LandBldgEquipCostOrOtherBssAmt023290321
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0169950
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MISSION OF THE ORGANIZATION IS TO PERFORM ADMINISTRATIVE AND OTHER ACTIVITIES FOR THE UNIVERSITY AT BUFFALO AND ITS RELATED ORGANIZATIONS IN SUPPORT OF THE CHARITABLE AND EDUCATIONAL PURPOSES OF THE UNIVERSITY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt010962626
IRS990/NetAssetsOrFundBalancesEOYAmt010677155
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-169950
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-169950
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0390410
IRS990/OccupancyGrp/TotalAmt0390410
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01730725
IRS990/OtherAssetsTotalGrp/EOYAmt01159888
IRS990/OtherChangesInNetAssetsAmt0273989
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt07010663
IRS990/OtherLiabilitiesGrp/EOYAmt06045068
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0-273989
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018873
IRS990/PrincipalOfficerNm0EDWARD P SCHNEIDER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/Desc0LEBRUN
IRS990/ProgramServiceRevenueGrp/Desc1JEDC
IRS990/ProgramServiceRevenueGrp/Desc2ALL OTHER PROGRAM SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0103717
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1300465
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt262602
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0103717
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1300465
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt262602
IRS990/ProgSrvcAccomActy2Grp/Desc0SUPPORT FOR THE EDUCATIONAL INITIATIVES OF THE UNIVERSITY AT BUFFALO.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0209000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0209000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0406145
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0191548
IRS990/PYInvestmentIncomeAmt02067776
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01121789
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0253731
IRS990/PYRevenuesLessExpensesAmt01414315
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01313337
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02727652
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-559460
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt0180184
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0466784
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0424196
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0406145
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0644660
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02280164
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0552662
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04307827
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt07283631
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.30664
IRS990ScheduleA/PublicSupportPY170Pct00.38888
IRS990ScheduleA/PublicSupportTotal170Amt01320934
IRS990ScheduleA/SubstantialContributorsTotAmt02986893
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0424196
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0406145
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0644660
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02280164
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0552662
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04307827
IRS990ScheduleA/TotalSupportAmt04307827
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt09205666
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06935800
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt016141466
IRS990ScheduleD/EquipmentGrp/BookValueAmt03485
IRS990ScheduleD/EquipmentGrp/DepreciationAmt093239
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt096724
IRS990ScheduleD/ExpensesSubtotalAmt01280490
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt05225917
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05225917
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0847152
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0979062
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01826214
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01159888
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM AFFILIATE

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,807,189
Liabilities
$6,130,034
Net assets
$10,677,155
Revenue
$721,030
Expenses
$1,280,490
Net income
-$559,460
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$14.9$6.82$8.03$1.73$5.53$3.80
2023Detailed filing. Detailed filing data is available for this year.$19.3$7.44$11.8$4.27$1.55$2.73
2022Detailed filing. Detailed filing data is available for this year.$15.9$6.80$9.11$2.14$1.03$1.11
2021Detailed filing. Detailed filing data is available for this year.$15.3$7.26$8.00$1.16$1.27$0.11
2020Detailed filing. Detailed filing data is available for this year.$14.5$6.37$8.11$1.51$1.32$0.19
2019Detailed filing. Detailed filing data is available for this year.$14.6$6.66$7.91$2.21$1.48$0.73
2018Detailed filing. Detailed filing data is available for this year.$13.9$6.74$7.19$0.32$3.40$3.08
2017Detailed filing. Detailed filing data is available for this year.$16.7$6.41$10.3$0.93$1.33$0.41
2016Detailed filing. Detailed filing data is available for this year.$16.8$6.13$10.7$0.72$1.28$0.56
2015Detailed filing. Detailed filing data is available for this year.$18.1$7.10$11.0$2.73$1.31$1.41
2014Detailed filing. Detailed filing data is available for this year.$18.4$8.72$9.72$6.76$3.73$3.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.2$27.1$7.08$2.80
2012Summary only. Only limited summary data is available for this year.$31.9$27.1$4.82$2.63$2.60$0.03
2011Summary only. Only limited summary data is available for this year.$27.9$23.0$4.92$3.86$6.34$2.48