Civic Intelligence

UC Santa Cruz Alumni Association

990 • Fiscal year 2017 • EIN 23-7003589

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 02, 2017

1156 High StreetSanta Cruz, CA 95064

(831) 459-2530

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

7th percentile

-44%

Higher net margin than 7% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

87th percentile

$171,352

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 120.3% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

66th percentile

9.2%

Faster asset growth than 66% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

24th percentile

-6.9%

Faster revenue growth than 24% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$4,279,953

Up $359,745 (+9.2%) from 2016

Net Assets

Up

$4,279,953

Up $359,745 (+9.2%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$142,431

Down $10,505 (-6.9%) from 2016

Expenses

Up

$205,393

Up $10,434 (+5.4%) from 2016

Net Income

Down

-$62,962

Down $20,939 (-50%) from 2016

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2015: $4,225,217Liabilities 2015: $0Net Assets 2015: $4,225,2172015Assets 2016: $3,920,208Liabilities 2016: $0Net Assets 2016: $3,920,2082016Assets 2017: $4,279,953Liabilities 2017: $0Net Assets 2017: $4,279,9532017Assets 2018: $4,465,560Liabilities 2018: $0Net Assets 2018: $4,465,5602018Assets 2019: $4,634,709Liabilities 2019: $0Net Assets 2019: $4,634,7092019Assets 2020: $4,666,830Liabilities 2020: $0Net Assets 2020: $4,666,8302020Assets 2021: $6,067,464Liabilities 2021: $0Net Assets 2021: $6,067,4642021Assets 2022: $5,520,307Liabilities 2022: $0Net Assets 2022: $5,520,3072022Assets 2023: $5,688,711Liabilities 2023: $0Net Assets 2023: $5,688,7112023Assets 2024: $6,038,209Liabilities 2024: $0Net Assets 2024: $6,038,2092024

Highlighted filing

2017

Assets$4,279,953
Liabilities$0
Net Assets$4,279,953

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2015: $382,160Expenses 2015: $626,535Net Income 2015: -$244,3752015Revenue 2016: $152,936Expenses 2016: $194,959Net Income 2016: -$42,0232016Revenue 2017: $142,431Expenses 2017: $205,393Net Income 2017: -$62,9622017Revenue 2018: $155,229Expenses 2018: $203,383Net Income 2018: -$48,1542018Revenue 2019: $145,950Expenses 2019: $195,092Net Income 2019: -$49,1422019Revenue 2020: $131,734Expenses 2020: $206,217Net Income 2020: -$74,4832020Revenue 2021: $129,173Expenses 2021: $139,695Net Income 2021: -$10,5222021Revenue 2022: $128,892Expenses 2022: $127,110Net Income 2022: $1,7822022Revenue 2023: $244,341Expenses 2023: $269,440Net Income 2023: -$25,0992023Revenue 2024: $225,341Expenses 2024: $266,415Net Income 2024: -$41,0742024

Highlighted filing

2017

Revenue$142,431
Expenses$205,393
Net Income-$62,962
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 2, 2017
Return Version
2016v3.0
Gross Receipts
$238,594
Mission and Program Overview

Mission

To support the educational calling of UC Santa Cruz. To provide a means by which alumni may serve the university, its colleges, its students, and each other. To help guide the university into the future.

To promote, influence and support the educational, cultural and social life of ucsc, and to provide alumni with the means to serve the campus, its colleges and itsstudents, and to help guide the campus into the future.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$3,834,798$4,194,539▲ $359,741
Cash and Non-Interest-Bearing Accounts$84,900$84,842▼ $58
Savings and Temporary Cash Investments$510$572▲ $62
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 Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$3,920,208$4,279,953▲ $359,745
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$3,896,135$4,255,880▲ $359,745
Temporarily Rstr Net Assets$24,073$24,073→ $0
Total Net Assets Fund Balance$3,920,208$4,279,953▲ $359,745
Total Liabilities and Net Assets / Fund Balance$3,920,208$4,279,953▲ $359,745

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$3,834,798-▲ $547,629$187,888$4,194,539
2015$4,151,030$8,947▼ $139,858$185,321$3,834,798
2014$4,311,296-▲ $241,442$401,708$4,151,030
2013$2,226,061$1,702,682▲ $686,217$303,664$4,311,296
2012$2,087,593-▲ $236,647$98,179$2,226,061
Compensation and Service Providers

Board Members and Trustees

NameTitle
Charles D EadiePast President
Donna MekisPresident
Howard HeevnerAsst Vice Chanc
Ayanna YonemuraCouncil Member
Beverly YanuariaCouncil Member
Brian SniegowskiCouncil Member
Eanad LottCouncil Member
Lee SlaffCouncil Member
Matthew WaxmanCouncil Member
Meredith Vivian TurnerCouncil Member
Michael WanCouncil Member
Robert OcampoCouncil Member
Shelly AlingasCouncil Member
Theresa NortonCouncil Member
Adolfo R MercadoEvp, Treasurer
Michael RiepeExecutive VP
Paul SimpsonVP Admin & Secr
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$124,931
Other Revenue
$17,500
Change in Net Assets
$-62,962
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$197,835
Other Expenses$7,558
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$197,835--$197,835
Fees for Services Accounting-$6,900-$6,900
Other Expenses-$60-$60
Total Functional Expenses$197,835$7,558$0$205,393
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of CA Santa CruzSanta Cruz, CA-Support Ucsc$197,835
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
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
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
No
Management duties delegated
No

Governance Explanations

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

The 990 is distributed to the governing body for review prior to filing.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

All officers of the alumni association are either volunteers or employees of uc santa cruz. The uc regents have oversight and approval for the hiring of all top management of the university.

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

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Ucsc Alumni Association
EIN
23-7003589
Phone
8314592530
Address
1156 HIGH STREET, SANTA CRUZ, CA 95064

Signing Officer

Name
Howard Heevner
Title
Asst Vice Chancelor
Signed
2017-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Howard Heevner
Formed
1968
Legal Domicile
CA
Voting Board Members
16
Independent Board Members
16
Employees
0

Preparer

Firm
Hutchinson and Bloodgood LLP
Address
579 Auto Center Drive, Watsonville, CA 95076
Preparer
Karen E Semingson CPA
Phone
8317242441
Supplemental Narrative

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

To support uc santa cruz alumni events and activities in support of its purpose: - to promote, influence, and support the educational cultural, and social life of ucsc, and- to provide alumni with the means to serve the campus, its colleges, and its students, and to help guide the campus into the future.

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