Civic Intelligence

The International University Consortium for Executive Education

990 • Fiscal year 2014 • EIN 22-3331627

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 14, 2014

c/o W T Scheurer 140 Interlachen55331

(952) 401-3805

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

19th percentile

-14%

Higher net margin than 19% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

98th percentile

$92,000

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 30.5% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

30th percentile

-8.3%

Faster asset growth than 30% of similar nonprofits.

2014 filings • 501(c)3 • <$500k 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

Down

$442,084

Down $40,224 (-8.3%) from 2013

Net Assets

Down

$442,084

Down $40,224 (-8.3%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

$301,605

No earlier filing loaded for comparison.

Expenses

Up

$343,069

Up $116,346 (+51%) from 2013

Net Income

-$41,464

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.

$600K$400K$200K$0Assets 2011: $504,988Liabilities 2011: $0Net Assets 2011: $504,9882011Assets 2012: $440,342Liabilities 2012: $0Net Assets 2012: $440,3422012Assets 2013: $482,308Liabilities 2013: $0Net Assets 2013: $482,3082013Assets 2014: $442,084Liabilities 2014: $0Net Assets 2014: $442,0842014Assets 2015: $513,944Liabilities 2015: $0Net Assets 2015: $513,9442015Assets 2016: $442,001Liabilities 2016: $0Net Assets 2016: $442,0012016Assets 2017: $410,469Liabilities 2017: $0Net Assets 2017: $410,4692017Assets 2018: $444,852Liabilities 2018: $0Net Assets 2018: $444,8522018Assets 2019: $455,793Liabilities 2019: $0Net Assets 2019: $455,7932019Assets 2020: $519,766Liabilities 2020: $0Net Assets 2020: $519,7662020Assets 2021: $534,273Liabilities 2021: $0Net Assets 2021: $534,2732021Assets 2022: $341,340Liabilities 2022: $0Net Assets 2022: $341,3402022Assets 2023: $245,795Liabilities 2023: $0Net Assets 2023: $245,7952023Assets 2024: $297,885Liabilities 2024: $0Net Assets 2024: $297,8852024

Highlighted filing

2014

Assets$442,084
Liabilities$0
Net Assets$442,084

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $185,7092011Expenses 2012: $330,8002012Expenses 2013: $226,7232013Revenue 2014: $301,605Expenses 2014: $343,069Net Income 2014: -$41,4642014Revenue 2015: $358,753Expenses 2015: $278,607Net Income 2015: $80,1462015Revenue 2016: $343,812Expenses 2016: $409,083Net Income 2016: -$65,2712016Revenue 2017: $324,852Expenses 2017: $390,107Net Income 2017: -$65,2552017Revenue 2018: $424,991Expenses 2018: $390,609Net Income 2018: $34,3822018Revenue 2019: $460,608Expenses 2019: $449,667Net Income 2019: $10,9412019Revenue 2020: $410,592Expenses 2020: $346,619Net Income 2020: $63,9732020Revenue 2021: $420,049Expenses 2021: $405,542Net Income 2021: $14,5072021Revenue 2022: $345,378Expenses 2022: $542,160Net Income 2022: -$196,7822022Revenue 2023: $407,773Expenses 2023: $495,729Net Income 2023: -$87,9562023Revenue 2024: $542,978Expenses 2024: $490,888Net Income 2024: $52,0902024

Highlighted filing

2014

Revenue$301,605
Expenses$343,069
Net Income-$41,464
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 14, 2014
Return Version
2013v3.1
Gross Receipts
$301,605
Mission and Program Overview

Mission

University sponsored executive education

To advance and strengthen university sponsored executive education for development of leaders and their organizations

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$482,308$442,084▼ $40,224
Investments in Publicly Traded Securities$305,085$312,598▲ $7,513
Savings and Temporary Cash Investments$177,023$129,285▼ $47,738
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$482,308$442,084▼ $40,224
Other Assets Total$200$201▲ $1
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$482,308$442,084▼ $40,224
Total Liabilities and Net Assets / Fund Balance$482,308$442,084▼ $40,224

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$4,250$4,250
Other Land Buildings-$2,059$2,059
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
William T ScheurerExecutive DirecPT$92,000$92,000

Board Members and Trustees

NameTitle
Rochelle WeichmanChairman
Kelly BeanVice President
Bruce WiesnerBoard Member
Cathy SheaBoard Member
Chantal DelysBoard Member
Clark CallahanBoard Member
Della WongBoard Member
Elena EscagedoBoard Member
Gabriel AramouniBoard Member
Hobbs LiuBoard Member
Larry MurphyBoard Member
Luca BorroniBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$295,252
Investment Income
$6,353
Other Revenue
$0
Change in Net Assets
$-41,464
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$251,069
Salaries, Compensation, and Employee Benefits$92,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$92,000--$92,000
Advertising$35,900--$35,900
Travel$13,601--$13,601
Fees for Services Accounting$6,220--$6,220
Other Expenses$5,479--$5,479
All Other Expenses$2,763--$2,763
Office Expenses$2,370--$2,370
Total Functional Expenses$343,069$0$0$343,069
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
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
No
Backup withholding compliance
No
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Members are Universities throughout the world.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

Board meetings are held at various times throughout the year.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

Only if a vote is required by the bylaws.

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

990 is forwarded to the Executive Director for review and filing.

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

Board at its meeting during the year assesses the job requirements for the Executive Director, who is the only compensated person, and determines an appropriate salary which is presented to the Executive Director.

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

Made available upon request made to the Executive Director.

Filing and Contact Details

Filer

EIN
22-3331627
Phone
9524013805

Signing Officer

Name
William T Scheurer
Title
Executive Direc
Signed
2014-11-14
Discuss with paid preparer
Yes

Organization Details

Formed
1994
Legal Domicile
Nj
Voting Board Members
12
Independent Board Members
12
Employees
0

Preparer

Preparer
Ernest G Richards Jr CPA
Phone
9087718900
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0295252
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0295252
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt08463
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0137473
IRS990/PYProgramServiceRevenueAmt0261935
IRS990/PYRevenuesLessExpensesAmt043675
IRS990/PYSalariesCompEmpBnftPaidAmt089250
IRS990/PYTotalExpensesAmt0226723
IRS990/PYTotalRevenueAmt0270398
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-41464
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0301605
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0482308
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0442084
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0177023
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0129285
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04250
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04250
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02059
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02059
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Members are Universities throughout the world.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board meetings are held at various times throughout the year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Only if a vote is required by the bylaws.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3990 is forwarded to the Executive Director for review and filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Board at its meeting during the year assesses the job requirements for the Executive Director, who is the only compensated person, and determines an appropriate salary which is presented to the Executive Director.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Made available upon request made to the Executive Director.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0482308
IRS990/TotalAssetsEOYAmt0442084
IRS990/TotalAssetsGrp/BOYAmt0482308
IRS990/TotalAssetsGrp/EOYAmt0442084
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0343069
IRS990/TotalFunctionalExpensesGrp/TotalAmt0343069
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0482308
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0442084
IRS990/TotalProgramServiceExpensesAmt0343069
IRS990/TotalProgramServiceRevenueAmt0295252
IRS990/TotalReportableCompFromOrgAmt092000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0301605
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0301605
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0482308
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0442084
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt013601
IRS990/TravelGrp/TotalAmt013601
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0uniconexed.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0William T Scheurer
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Direc
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine10International University Corsortium for
ReturnHeader/Filer/BusinessName/BusinessNameLine20Executive Education Inc
ReturnHeader/Filer/BusinessNameControlTxt0INTE

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.98$0.00$2.98$5.43$4.91$0.52
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.46$0.00$2.46$4.08$4.96$0.88
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.41$0.00$3.41$3.45$5.42$1.97
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.34$0.00$5.34$4.20$4.06$0.15
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.20$0.00$5.20$4.11$3.47$0.64
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.56$0.00$4.56$4.61$4.50$0.11
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.45$0.00$4.45$4.25$3.91$0.34
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.10$0.00$4.10$3.25$3.90$0.65
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.42$0.00$4.42$3.44$4.09$0.65
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.14$0.00$5.14$3.59$2.79$0.80
2014Detailed filing. Detailed filing data is available for this year.$4.42$0.00$4.42$3.02$3.43$0.41
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.82$0.00$4.82$2.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.40$0.00$4.40$3.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.05$0.00$5.05$1.86