Civic Intelligence

UC Berkeley Center for Executive Education

990 • Fiscal year 2020 • EIN 46-1482891

Jul 01, 2019 to Jun 30, 2020 • Filed on May 17, 2021

2220 Piedmont Avenue Suite F-299Berkeley, CA 94720

(510) 642-1304

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.00x

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

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

61st percentile

0.53x

Higher debt load relative to revenue than 61% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

34th percentile

0.0%

Higher net margin than 34% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

92nd percentile

$866,358

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

2nd percentile

-21%

Faster asset growth than 2% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

23rd percentile

-12%

Faster revenue growth than 23% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Assets

Down

$14,485,679

Down $3,917,822 (-21%) from 2019

Net Assets

Flat

$0

Flat from 2019

Liabilities

Down

$14,485,679

Down $3,917,822 (-21%) from 2019

Revenue

Down

$27,494,926

Down $3,745,260 (-12%) from 2019

Expenses

Down

$27,494,926

Down $3,745,260 (-12%) from 2019

Net Income

Flat

$0

Flat from 2019

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2013: $8,858,018Liabilities 2013: $8,022,721Net Assets 2013: $835,2972013Assets 2014: $5,434,248Liabilities 2014: $5,434,248Net Assets 2014: $02014Assets 2015: $5,955,571Liabilities 2015: $5,955,571Net Assets 2015: $02015Assets 2016: $5,353,055Liabilities 2016: $5,353,055Net Assets 2016: $02016Assets 2017: $8,057,485Liabilities 2017: $8,057,485Net Assets 2017: $02017Assets 2018: $15,581,942Liabilities 2018: $15,581,942Net Assets 2018: $02018Assets 2019: $18,403,501Liabilities 2019: $18,403,501Net Assets 2019: $02019Assets 2020: $14,485,679Liabilities 2020: $14,485,679Net Assets 2020: $02020Assets 2021: $14,411,646Liabilities 2021: $14,411,646Net Assets 2021: $02021Assets 2022: $21,304,520Liabilities 2022: $21,304,520Net Assets 2022: $02022Assets 2023: $19,853,524Liabilities 2023: $19,853,524Net Assets 2023: $02023Assets 2024: $20,979,595Liabilities 2024: $20,979,595Net Assets 2024: $02024

Highlighted filing

2020

Assets$14,485,679
Liabilities$14,485,679
Net Assets$0

Operations Trend

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

$60M$40M$20M$0Revenue 2013: $4,768,023Expenses 2013: $3,932,726Net Income 2013: $835,2972013Revenue 2014: $22,512,281Expenses 2014: $22,512,281Net Income 2014: $02014Revenue 2015: $17,744,359Expenses 2015: $17,744,359Net Income 2015: $02015Revenue 2016: $19,441,111Expenses 2016: $19,441,111Net Income 2016: $02016Revenue 2017: $21,685,750Expenses 2017: $21,685,750Net Income 2017: $02017Revenue 2018: $28,593,258Expenses 2018: $28,593,258Net Income 2018: $02018Revenue 2019: $31,240,186Expenses 2019: $31,240,186Net Income 2019: $02019Revenue 2020: $27,494,926Expenses 2020: $27,494,926Net Income 2020: $02020Revenue 2021: $24,161,289Expenses 2021: $24,161,289Net Income 2021: $02021Revenue 2022: $37,421,055Expenses 2022: $37,421,055Net Income 2022: $02022Revenue 2023: $38,997,340Expenses 2023: $38,997,340Net Income 2023: $02023Revenue 2024: $40,055,164Expenses 2024: $40,055,164Net Income 2024: $02024

Highlighted filing

2020

Revenue$27,494,926
Expenses$27,494,926
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 17, 2021
Return Version
2019v5.0
Gross Receipts
$27,494,926
Mission and Program Overview

Mission

UC Berkeley Center for Executive Education ("CEE") is a nonprofit public benefit corporation dedicated to promoting and advancing education through its executive education programs for corporate and institutional clients seeking continuing professional development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$6,605,806$6,423,006▼ $182,800
Accounts Receivable$6,835,071$3,313,219▼ $3,521,852
Land, Buildings, and Equipment, Net$1,583,767$1,571,042▼ $12,725
Prepaid Expenses and Deferred Charges$923,785$818,601▼ $105,184
Savings and Temporary Cash Investments-$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-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$18,403,501$14,485,679▼ $3,917,822
Other Assets Total$2,455,072$2,359,811▼ $95,261
Liabilities
Deferred Revenue$10,641,578$10,627,077▼ $14,501
Other Liabilities$6,990,125$3,167,127▼ $3,822,998
Accounts Payable and Accrued Expenses$771,798$691,475▼ $80,323
Total Liabilities$18,403,501$14,485,679▼ $3,917,822
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$18,403,501$14,485,679▼ $3,917,822

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,364,943$946,175$2,311,118
Equipment$206,099-$206,099
Other Assets Org$2,050,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Andrea SalveminiVP Bus DevFT$688,664$27,991$716,655
Mark Searle til 63019Executive DirectorFT$524,146$27,990$531,212
Andrew IsaacsBus Dev ExecFT$405,061$20,956$405,061
Michael KatzDirector-$234,225$191,688$262,215
Jon GrecoCFOFT$242,388$21,414$249,454
Julie ShapiroVP Business DevFT$226,687$29,630$248,101
Dana MagenauVP Bus DevFT$219,750$7,066$229,080
Kristina SusacVP Business DevFT$181,600$2,023$211,230
Ann HarrisonChairmanPT$189,864$9,330$210,820
Lisa RyanVP MarketingFT$169,157$7,066$171,180

Board Members and Trustees

NameTitle
Emily NishiDirector
Josh BersinDirector
Marina GraciasDirector
Richard WilsonDirector
Rosemarie RaeDirector
Mike RiellyCEO
Richard FreishtatVP Curriculum

Highest Paid Contractors

ContractorServicesLocationCompensation
Homa B EvansTeaching/Instructing1299 Middle Ave, Menlo Park, CA 94025$855,627
The Galima GroupSales/Marketing124 Ronada Ave, Piedmont, CA 94611$626,790
Holly SchrothTeaching/Instructing2012 Devita Ct, Walnut Creek, CA 94595$418,625
Mark Eliot CoopersmithTeaching/Instructing30 Monterey Drive, Tiburon, CA 94920$387,500
Shachar KarivTeaching/Instructing909 Blair Street, Piedmont, CA 94611$375,906
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$27,494,926
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$21,243,772
Salaries, Compensation, and Employee Benefits$6,251,154
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$8,209,874$757,942-$8,967,816
Other Salaries and Wages$1,440,624$1,896,981-$3,337,605
Other Expenses$5,592,079$2,474,544-$2,474,544
Current Officers, Directors, Trustees, and Key Employees-$1,859,579-$1,859,579
Travel$1,501,853$153,848-$1,655,701
Office Expenses$978,927$233,539-$1,212,466
Occupancy$93,846$672,816-$766,662
Other Employee Benefits$155,575$388,694-$544,269
Advertising$476,661--$476,661
Payroll Taxes$109,462$221,589-$331,051
Pension Plan Contributions$45,896$132,754-$178,650
Fees for Services Legal-$31,604-$31,604
Information Technology-$24,005-$24,005
Fees for Services Accounting-$20,143-$20,143
Insurance-$9,455-$9,455
Conferences and Meetings-$6,636-$6,636
Fees for Services Management-$6,000-$6,000
Total Functional Expenses$18,604,797$8,890,129$0$27,494,926
International Activity

International Summary

Employees
52
Spending
$3,179,023

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Middle East and North AfricaProgram ServicesCorporate Education030$2,300,976
AsiaProgram ServicesCorporate Education015$696,742
EuropeProgram ServicesCorporate Education04$85,720
Russia & Neighboring StatesProgram ServicesCorporate Education01$42,072
South AmericaProgram ServicesCorporate Education01$35,739
North AmericaProgram ServicesCorporate Education01$17,774
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payable to Affiliate$1,050,202
PPP Loan$895,722
Other Accrued Liabilities$498,723
Rent Paid in Advance$490,667
Security Deposit$231,813
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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

Management reviews the return prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

UC Berkeley Center for Executive Education sends a conflict of interest policy to all Officers and Directors annually. The Officers and Directors must review and disclose on the acknowledgment form.

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

As stated in Section 5.4 of the Organization's Bylaws, at any time the Organization compensates its President/CEO or Treasurer, the Organization shall have a Compensation Committee consisting of at least three Directors and exclusively of Directors. Directors who are also employees of the Organization may not serve on the Compensation Committee. The Compensation Committee shall review the compensation of the President/CEO, Treasurer and Vice President (if any), as well as any such Officers of the Organization that the Compensation Committee determines appropriate. This review shall occur when such officer is hired, when the term of employment of such officer is renewed or extended, and when the compensation of such officer is modified, unless the modification applies to substantially all of the employees of this Organization. Based on its review, the Compensation Committee shall recommend just and reasonable compensation amounts to the Board. At the request of the President/CEO or the Board, the Compensation Committee shall review any issue involving staff compensation and benefits, including but not limited to housing, health and retirement plans.

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

See the explanation at Line 15a.

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

Available upon request.

Filing and Contact Details

Filer

Filer Name
UC Berkeley Center
EIN
46-1482891
Phone
5106421304
Address
2220 Piedmont Avenue Suite F-299, Berkeley, CA 94720

Signing Officer

Name
Jon Greco
Title
CFO
Signed
2021-05-17
Discuss with paid preparer
No

Organization Details

Principal Officer
Mike Rielly
Formed
2012
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
4
Employees
50

Preparer

Firm
Fontanello Duffield & Otake LLP
Address
44 Montgomery Street Suite 1305, San Francisco, CA 94104
Preparer
Carol Duffield
Phone
4159830200
Supplemental Narrative

Additional Explanations

Part IX, Statement of Functional Expenses, Line 24A

Per agreement, CEE transfers all its net income to the Haas School of Business. For the year ended June 30, 2020, the amount was $5,592,079.

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IRS990/Desc0Executive Education at the UC Berkeley Haas School of Business offers a portfolio of programs developed by academias and industrys most forward-thinking minds to accelerate the careers of professionals around the globe. Here, executives have abundant resources at their fingertips, from award winning faculty -- 9 Nobel Laureates, 4 Pulitzer Prize winners, and 32 MacArthur Fellows -- to national laboratory research, to the vibrant ecosystem of the Silicon Valley. These tools, engaged in one of the most dynamic learning environments in the world, combine to create a powerful experience for business executives seeking a competitive edge. Berkeley-Haas is renowned for developing innovative business leaders -- individuals who redefine the business landscape by putting new ideas into action in all areas of their organizations.
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