Civic Intelligence

Cornell Club of Los Angeles

EIN 33-0672028 • 501(c)3 • Los Angeles, CA

Profile

To organize activities for Cornell University Alumni and provide scholarships for Cornell undergraduates living in the Los Angeles area.

3705 W Pico Blvd 695Los Angeles, CA 90019

www.cornellclubla.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

35th percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

61st percentile

10%

Higher net margin than 61% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Asset Growth

56th percentile

5.6%

Faster asset growth than 56% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

23rd percentile

-13%

Faster revenue growth than 23% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Up

$746,060

Up $39,602 (+5.6%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Up

$746,060

Up $39,602 (+5.6%) from 2024

Operations
Liabilities / Revenue35th percentileNet Margin61st percentile

Revenue

Down

$70,275

Down $10,463 (-13%) from 2024

Expenses

Down

$63,116

Down $5,770 (-8.4%) from 2024

Net Income

Down

$7,159

Down $4,693 (-40%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth56th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2020: $591,308Liabilities 2020: $0Net Assets 2020: $591,3082020Assets 2021: $561,237Liabilities 2021: $0Net Assets 2021: $561,2372021Assets 2022: $589,058Liabilities 2022: $0Net Assets 2022: $589,0582022Assets 2023: $639,613Liabilities 2023: $0Net Assets 2023: $639,6132023Assets 2024: $706,458Liabilities 2024: $0Net Assets 2024: $706,4582024Assets 2025: $746,060Liabilities 2025: $0Net Assets 2025: $746,0602025

Highlighted filing

2025

Assets$746,060
Liabilities$0
Net Assets$746,060
Open 2025 Filing

Operations Trend

Revenue Growth23rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2020: $64,742Expenses 2020: $49,533Net Income 2020: $15,2092020Revenue 2021: $36,833Expenses 2021: $66,904Net Income 2021: -$30,0712021Revenue 2022: $17,056Expenses 2022: $39,699Net Income 2022: -$22,6432022Revenue 2023: $76,494Expenses 2023: $45,513Net Income 2023: $30,9812023Revenue 2024: $80,738Expenses 2024: $68,886Net Income 2024: $11,8522024Revenue 2025: $70,275Expenses 2025: $63,116Net Income 2025: $7,1592025

Highlighted filing

2025

Revenue$70,275
Expenses$63,116
Net Income$7,159
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$746,060
Liabilities
$0
Net assets
$746,060
Revenue
$70,275
Expenses
$63,116
Net income
$7,159
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.46$0.00$7.46$0.70$0.63$0.07
2024Detailed filing. Detailed filing data is available for this year.$7.06$0.00$7.06$0.81$0.69$0.12
2023Detailed filing. Detailed filing data is available for this year.$6.40$0.00$6.40$0.76$0.46$0.31
2022Detailed filing. Detailed filing data is available for this year.$5.89$0.00$5.89$0.17$0.40$0.23
2021Detailed filing. Detailed filing data is available for this year.$5.61$0.00$5.61$0.37$0.67$0.30
2020Detailed filing. Detailed filing data is available for this year.$5.91$0.00$5.91$0.65$0.50$0.15
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$70,275
Mission and Program Overview

Mission

To organize activities for Cornell University Alumni living in the Los Angeles area, and provide scholarships for Cornell undergraduates from the Los Angeles area.

To organize activities for Cornell University Alumni and provide scholarships for Cornell undergraduates living in the Los Angeles area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$706,458$746,060▲ $39,602
Investments in Publicly Traded Securities$646,584$685,992▲ $39,408
Savings and Temporary Cash Investments$59,874$60,068▲ $194
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$706,458$746,060▲ $39,602
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$706,458$746,060▲ $39,602
Total Liabilities and Net Assets / Fund Balance$706,458$746,060▲ $39,602

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$646,584$42,696▲ $27,579-$653,742
2023$583,854$49,208▲ $82,409-$646,584
2022$549,223$55,219▲ $24,925-$583,854
2021$561,237$8,377▲ $19,308-$549,223
2020$591,308$21,571▲ $15,262-$561,237
Compensation and Service Providers
Top Officer Pay55th percentile

Board Members and Trustees

NameTitle
Pam ChenPresident
Jamie WatanaVice President
Diane ShakinDirector
Ellen PerimutterDirector
Gaye TomlinsonDirector
Holly ClarkeDirector
Jack BarnettDirector
Shirley AndrewsDirector
Richard StearnsClub Historian
Heather Ashley-boyerEvents
Sammy CamyEvents
Todd BeckEvents
Andy TraumFinance Comm.
Karen WolcottFinance Comm.
Eric BeaneLegal
Jeffrey CowanLegal
Christopher MoralesMembership
Josh HamiltonMembership
Eddie WangProgramming
Hedieh BolourProgramming
Sei ParkProgramming
Stacey SchwartzProgramming
Daniel GreenhawResearch
Katrina Journet-carterScholarships
Dhanushka KadawatharatchieSecretary
Tanya BentleySecretary
Lynell DavisSports
Adam VagleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$42,696
Program Service Revenue
$0
Investment Income
$27,579
Other Revenue
$0
All Other Contributions
$23,674
Change in Net Assets
$7,159
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$33,500
Other Expenses$27,246
Total Fundraising Expense$23,341
Professional Fundraising Fees$2,370
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$33,500--$33,500
Office Expenses-$3,723-$3,723
Fees for Services Professional Fundraising--$2,370$2,370
Fees for Services Accounting-$1,300-$1,300
Insurance-$550-$550
Advertising-$307-$307
Other Expenses-$115$20,971$115
Total Functional Expenses$33,500$6,275$23,341$63,116
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Cornell UniversityIthaca, NY-To Support Scholarships$33,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$2,370
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
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
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

Governance Explanations

Form 990, Part VI, Section A, Line 1A

“There is no executive committee.”

Form 990, Part VI, Section A, Line 6

“Yes, the organization has members.”

Form 990, Part VI, Section A, Line 7A

“Yes, the members who attend the annual meeting elect the board.”

Form 990, Part VI, Section A, Line 7B

“Yes, the decisions are subject to approval of members at the annual meeting.”

Form 990, Part VI, Section B, Line 11B

“Tax forms subject to review by the Club President and Board Members.”

Form 990, Part VI, Section C, Line 19

“No other documents are available to the public.”

Filing and Contact Details

Filer

Filer Name
Cornell Club of Los Angeles
EIN
33-0672028
Phone
3105453321
Address
3705 W Pico Blvd 695, Los Angeles, CA 90019

Signing Officer

Name
Adam Vagley
Title
Treasurer
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pam Chen
Formed
1995
Legal Domicile
CA
Voting Board Members
28
Independent Board Members
28
Employees
0
Volunteers
28

Preparer

Firm
Diversified Tax and Accounting
Address
3 Groveside Drive, Aliso Viejo, CA 92656
Preparer
David Leckey CPA
Phone
7143349470
Supplemental Narrative

Financial Statement Notes

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

“Endowment funds are used for donations to cornell university for scholarships for los angeles area students.”

Raw XML AppendixShowing 400 of 602 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.

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