Civic Intelligence

South Bend Alumni Association Inc.

990 • Fiscal year 2016 • EIN 35-1674506

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 16, 2017

54391 30th StreetSouth Bend, IN 46635

(574) 272-1680

Siviq Scores

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

Liabilities / Assets

64th percentile

0.01x

Higher debt load relative to assets than 64% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

73rd percentile

0.04x

Higher debt load relative to revenue than 73% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

14th percentile

-25%

Higher net margin than 14% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

34th percentile

-6.0%

Faster asset growth than 34% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

18th percentile

-29%

Faster revenue growth than 18% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$363,398

Down $23,034 (-6.0%) from 2015

Net Assets

Down

$358,332

Down $24,183 (-6.3%) from 2015

Liabilities

Up

$5,066

Up $1,149 (+29%) from 2015

Revenue

Down

$144,661

Down $60,344 (-29%) from 2015

Expenses

Up

$181,321

Up $6,297 (+3.6%) from 2015

Net Income

Down

-$36,660

Down $66,641 (-222%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2012: $323,662Liabilities 2012: $4,435Net Assets 2012: $319,2272012Assets 2013: $323,079Liabilities 2013: $1,196Net Assets 2013: $321,8832013Assets 2014: $363,109Liabilities 2014: $3,959Net Assets 2014: $359,1502014Assets 2015: $386,432Liabilities 2015: $3,917Net Assets 2015: $382,5152015Assets 2016: $363,398Liabilities 2016: $5,066Net Assets 2016: $358,3322016Assets 2017: $346,095Liabilities 2017: $5,434Net Assets 2017: $340,6612017Assets 2018: $345,068Liabilities 2018: $4,175Net Assets 2018: $340,8932018Assets 2019: $324,320Liabilities 2019: $3,604Net Assets 2019: $320,7162019Assets 2020: $362,193Liabilities 2020: $3,644Net Assets 2020: $358,5492020Assets 2021: $420,849Liabilities 2021: $3,716Net Assets 2021: $417,1332021Assets 2022: $403,884Liabilities 2022: $5,810Net Assets 2022: $398,0742022Assets 2023: $439,229Liabilities 2023: $16,782Net Assets 2023: $422,4472023Assets 2024: $409,705Liabilities 2024: $6,103Net Assets 2024: $403,6022024

Highlighted filing

2016

Assets$363,398
Liabilities$5,066
Net Assets$358,332

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2012: $79,481Expenses 2012: $66,716Net Income 2012: $12,7652012Revenue 2013: $113,160Expenses 2013: $110,504Net Income 2013: $2,6562013Revenue 2014: $158,222Expenses 2014: $120,955Net Income 2014: $37,2672014Revenue 2015: $205,005Expenses 2015: $175,024Net Income 2015: $29,9812015Revenue 2016: $144,661Expenses 2016: $181,321Net Income 2016: -$36,6602016Revenue 2017: $129,951Expenses 2017: $162,910Net Income 2017: -$32,9592017Revenue 2018: $184,600Expenses 2018: $174,066Net Income 2018: $10,5342018Revenue 2019: $149,499Expenses 2019: $194,424Net Income 2019: -$44,9252019Revenue 2020: $169,895Expenses 2020: $151,029Net Income 2020: $18,8662020Revenue 2021: $159,649Expenses 2021: $120,935Net Income 2021: $38,7142021Revenue 2022: $185,034Expenses 2022: $172,130Net Income 2022: $12,9042022Revenue 2023: $256,215Expenses 2023: $251,972Net Income 2023: $4,2432023Revenue 2024: $245,160Expenses 2024: $276,498Net Income 2024: -$31,3382024

Highlighted filing

2016

Revenue$144,661
Expenses$181,321
Net Income-$36,660
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 16, 2017
Return Version
2016v3.0
Gross Receipts
$213,632
Mission and Program Overview

Mission

Support south bend community schools & scholarships

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$211,076$225,274▲ $14,198
Cash and Non-Interest-Bearing Accounts$69,763$68,467▼ $1,296
Land, Buildings, and Equipment, Net$45,704$34,527▼ $11,177
Savings and Temporary Cash Investments$56,581$31,608▼ $24,973
Prepaid Expenses and Deferred Charges$3,308$3,522▲ $214
Total Assets$386,432$363,398▼ $23,034
Liabilities
Escrow Account Liability$3,917$3,917→ $0
Accounts Payable and Accrued Expenses-$1,149-
Total Liabilities$3,917$5,066▲ $1,149
Net Assets / Fund Balance
Unrestricted Net Assets$282,515$258,332▼ $24,183
Permanently Rstr Net Assets$100,000$100,000→ $0
Total Net Assets Fund Balance$382,515$358,332▼ $24,183
Total Liabilities and Net Assets / Fund Balance$386,432$363,398▼ $23,034

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$34,527$24,706$59,233

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$100,000---$100,000
2015$100,000---$100,000
2014$100,000---$100,000
2013$100,000---$100,000
2012$100,000---$100,000
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$103,692
Program Service Revenue
$0
Investment Income
$4,611
Other Revenue
$36,358
All Other Contributions
$24,242
Change in Net Assets
$-36,660
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$106,013
Salaries, Compensation, and Employee Benefits$44,137
Other Expenses$31,171
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$106,013--$106,013
Other Salaries and Wages-$41,000-$41,000
Depreciation Depletion$11,430--$11,430
Advertising-$6,600-$6,600
Office Expenses-$4,833-$4,833
Payroll Taxes-$3,137-$3,137
Fees for Service Investment Mgmnt Fees-$2,178-$2,178
Insurance-$1,782-$1,782
Information Technology-$1,561-$1,561
Other Expenses-$284-$284
All Other Expenses-$135-$135
Total Functional Expenses$117,443$63,878$0$181,321
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
South Bend Community Schools CorpSouth Bend, IN-Charitable$71,413
Purdue UniversityWest Lafayette, IN-Scholarships$19,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$82,592
Fundraising Direct Expenses$47,752
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$38,664$38,664-$38,664
Banquet$102,300$24,300$3,191$21,109
Total Events$160,592$82,592$47,752$34,840
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
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, Page 6, Part VI, Line 2

N/a n/a director chairman father/daughter

Form 990, Page 6, Part VI, Line 7A

Annually the board of directors elect the members of the governing board.

Form 990, Page 6, Part VI, Line 11B

The organization's process for review of form 990 is to have a draft copy of the form reviewed by members of the board of directors before the form is filed.

Form 990, Page 6, Part VI, Line 19

Copies of form 990 are made available to directors, members, and the public upon request.

Filing and Contact Details

Filer

Filer Name
South Bend Alumni Association Inc
EIN
35-1674506
Phone
5742721680
Address
54391 30TH STREET, SOUTH BEND, IN 46635

Signing Officer

Name
Lauren Davis
Title
Treasurer
Phone
5742721680
Signed
2017-10-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lauren Davis
Formed
1986
Legal Domicile
In
Voting Board Members
20
Independent Board Members
20
Employees
2
Volunteers
50

Preparer

Firm
Lauren Davis & Co Cpas Pc
Address
54391 30TH ST, SOUTH BEND, IN 46635-2002
Preparer
Lauren S Davis
Phone
5742721680
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers assist in the various fundraising events.

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

The organization holds the funds for groups within the south bend community school corporation and disburses them for use in events, reunions, and fundraising by said groups.

Schedule D, Page 2, Part V, Line 4

Income from endowment is restricted to use for scholarships.

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IRS990/PrincipalOfficerNm0LAUREN DAVIS
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IRS990/ProgSrvcAccomActy2Grp/Desc0ANNUALLY A GOLF OUTING IS HELD TO RAISE MONEY TO FUND SCHOLARSHIPS
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IRS990/ProgSrvcAccomActy2Grp/GrantAmt034500
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IRS990/PYContributionsGrantsAmt097710
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IRS990/PYGrantsAndSimilarPaidAmt094408
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IRS990/PYOtherExpensesAmt033250
IRS990/PYOtherRevenueAmt0101496
IRS990/PYRevenuesLessExpensesAmt029981
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IRS990/PYTotalExpensesAmt0175024
IRS990/PYTotalRevenueAmt0205005
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IRS990/QuidProQuoContriDisclInd0true
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IRS990/ReconcilationRevenueExpnssAmt0-36660
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt056581
IRS990/SavingsAndTempCashInvstGrp/EOYAmt031608
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt025692
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt064355
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt038071
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt07615
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt010456
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0146189
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt04075
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt017603
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0162110
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0187335
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0150551
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0134681
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt085362
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt04075
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt011266
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt010796
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IRS990ScheduleA/InvestmentIncomeCYPct00.05000
IRS990ScheduleA/InvestmentIncomePYPct00.06000
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IRS990ScheduleA/PublicSupportCY509Pct00.94590
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0187802
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0251690
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0188622
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0142296
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt095818
IRS990ScheduleA/Total509Grp/TotalAmt0866228
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0191877
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0257489
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0106614
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0915767
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0100000
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0100000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0100000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0100000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0100000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0100000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0100000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0100000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt034527
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024706
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt059233
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HOLDS THE FUNDS FOR GROUPS WITHIN THE SOUTH BEND COMMUNITY SCHOOL CORPORATION AND DISBURSES THEM FOR USE IN EVENTS, REUNIONS, AND FUNDRAISING BY SAID GROUPS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1INCOME FROM ENDOWMENT IS RESTRICTED TO USE FOR SCHOLARSHIPS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/TotalBookValueLandBuildingsAmt034527
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt078000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt078000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt047752
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentOtherEventsAmt01400
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt01400
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BANQUET
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF OUTING
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0102300
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt034840
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03191
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt013
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt08358
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt08358
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt071413

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