Civic Intelligence

Thunderbird Independent Alumni Association

990 • Fiscal year 2013 • EIN 46-3455566

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 14, 2014

14901 N Scottsdale Rd No 201C85254

(480) 840-1224

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Higher debt load relative to assets than 57% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

58th percentile

0.00x

Higher debt load relative to revenue than 58% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

96th percentile

75%

Higher net margin than 96% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

$347,311

No earlier filing loaded for comparison.

Net Assets

$346,550

No earlier filing loaded for comparison.

Liabilities

$761

No earlier filing loaded for comparison.

Revenue

$460,213

No earlier filing loaded for comparison.

Expenses

$113,663

No earlier filing loaded for comparison.

Net Income

$346,550

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.

$400K$300K$200K$100K$0Assets 2013: $347,311Liabilities 2013: $761Net Assets 2013: $346,5502013Assets 2014: $197,658Liabilities 2014: $3,073Net Assets 2014: $194,5852014Assets 2015: $166,238Liabilities 2015: $10,478Net Assets 2015: $155,7602015Assets 2016: $206,866Liabilities 2016: $9,047Net Assets 2016: $197,8192016Assets 2017: $150,281Liabilities 2017: $1,511Net Assets 2017: $148,7702017Assets 2018: $295,528Liabilities 2018: $1,299Net Assets 2018: $294,2292018Assets 2019: $3,823Liabilities 2019: $1,267Net Assets 2019: $2,5562019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2013

Assets$347,311
Liabilities$761
Net Assets$346,550

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2013: $460,213Expenses 2013: $113,663Net Income 2013: $346,5502013Revenue 2014: $450,787Expenses 2014: $602,752Net Income 2014: -$151,9652014Revenue 2015: $487,495Expenses 2015: $526,320Net Income 2015: -$38,8252015Revenue 2016: $460,598Expenses 2016: $418,539Net Income 2016: $42,0592016Revenue 2017: $519,702Expenses 2017: $568,751Net Income 2017: -$49,0492017Revenue 2018: $733,591Expenses 2018: $588,131Net Income 2018: $145,4602018Revenue 2019: $59,655Expenses 2019: $351,328Net Income 2019: -$291,6732019Revenue 2020: $9,860Expenses 2020: $12,416Net Income 2020: -$2,5562020

Highlighted filing

2013

Revenue$460,213
Expenses$113,663
Net Income$346,550
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 14, 2014
Return Version
2013v3.0
Gross Receipts
$460,213
Mission and Program Overview

Mission

The organization's mission is to serve an unparalleled global network of alumni members of thunderbird school of global management and contribute to their careers and businesses.

See schedule o. The organizations mission is to serve an unparalleled global network of alumni members and to contribute to their careers and businesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$346,124-
Land, Buildings, and Equipment, Net$0$1,187▲ $1,187
Total Assets$0$347,311▲ $347,311
Liabilities
Other Liabilities$0$761▲ $761
Total Liabilities$0$761▲ $761
Net Assets / Fund Balance
Unrestricted Net Assets-$311,707-
Permanently Rstr Net Assets-$34,843-
Total Net Assets Fund Balance$0$346,550▲ $346,550
Total Liabilities and Net Assets / Fund Balance$0$347,311▲ $347,311

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,187$1,781$2,968
Compensation and Service Providers

Board Members and Trustees

NameTitle
Merle a HinrichChairman
Robert TheleenBoard of Directors
Thomas GreerBoard of Directors
William CountsExecutive Director
Harry CockrellSecretary, Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$460,213
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$460,213
Change in Net Assets
$346,550
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$103,851
Total Fundraising Expense$69,947
Salaries, Compensation, and Employee Benefits$9,812
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal$5,000$5,177$17,566$27,743
Advertising--$22,349$22,349
Fees for Services Management$5,000$10,570$5,591$21,161
Travel--$9,282$9,282
Other Salaries and Wages$4,473-$4,473$8,946
Information Technology$2,500-$6,301$8,801
Insurance-$4,039-$4,039
Depreciation Depletion-$1,781-$1,781
All Other Expenses$50$1,117$354$1,521
Other Expenses$1,696$1,300$920$1,300
Payroll Taxes$433-$433$866
Office Expenses-$180$545$725
Fees for Services Other--$174$174
Total Functional Expenses$19,152$24,564$69,947$113,663
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$761
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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, Section B, Line 11

The organization retains a certified public accountant to prepare the form 990. The return preparer provides a copy of form 990 to the organization's executive director for review before it is filed. The executive director provides a copy to members of the board for their review and comment. Any issues arising from this review are discussed and resolved with the return preparer before filing. Upon signature of the executive director, form 990 is filed.

Form 990, Part VI, Section B, Line 12C

The organization has a written conflict of interest policy. The policy requires a written disclosure and signature from all members of the board of directors, all officers and all key employees on an annual basis and as conflicts arise. The form requires that those completing the form disclose conflicts, if any. In accordance with the conflict of interest policy, anyone who has a direct or indirect financial interest in a business arrangement with tiaa must disclose the interest, and will be prohibited from participating in and voting on the determination to accept or reject business arrangements.

Form 990, Part VI, Section B, Line 15

All compensation is established under the irs guidelines to ensure that compensation is limited to reasonable compensation for the type and amount of services performed by the employee, his or her relevant background, experience, and education and in light of any other relevant factors, as well as based on data available on compensation paid by similarly situated organizations for similiar services. The board also follows its conflict of interest policy, if applicable, aproves compensation prior to paying it, and documents in writing the approved terms/conditions and what information was used to determine the compensation.

Form 990, Part VI, Section C, Line 19

Tiaa's governing documents, conflict of interest policy and financial statements are made available to members upon request.

Filing and Contact Details

Filer

EIN
46-3455566
Phone
4808401224

Signing Officer

Name
Will Counts
Title
Executive Director
Phone
4808401224
Signed
2014-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Counts
Formed
2013
Legal Domicile
Az
Voting Board Members
4
Independent Board Members
4
Employees
1
Volunteers
4

Preparer

Preparer
Amy R Hanagan CPA
Phone
4803202985
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

Develop an independent alumni association to support the needs of the alumni including: continuing educational training, career services and placement, promote alumni achievements and optimize the benefits of an inclusive alumni global network. Globally promote and support thunderbird school of global management's brand, the value of its degrees and assist with sustaining its unique culture. Promote academic excellence through: supporting the development of academic programs of thunderbird with asu, support and assist in raising funds for thunderbird at asu and actively communicate membership views to thunderbird at asu. Student support services including: assistance with identifying and recruiting qualified thunderbird studnets, promote connections between current students and alumni, and assist with placement services.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DEVELOP AN INDEPENDENT ALUMNI ASSOCIATION TO SUPPORT THE NEEDS OF THE ALUMNI INCLUDING: CONTINUING EDUCATIONAL TRAINING, CAREER SERVICES AND PLACEMENT, PROMOTE ALUMNI ACHIEVEMENTS AND OPTIMIZE THE BENEFITS OF AN INCLUSIVE ALUMNI GLOBAL NETWORK. GLOBALLY PROMOTE AND SUPPORT THUNDERBIRD SCHOOL OF GLOBAL MANAGEMENT'S BRAND, THE VALUE OF ITS DEGREES AND ASSIST WITH SUSTAINING ITS UNIQUE CULTURE. PROMOTE ACADEMIC EXCELLENCE THROUGH: SUPPORTING THE DEVELOPMENT OF ACADEMIC PROGRAMS OF THUNDERBIRD WITH ASU, SUPPORT AND ASSIST IN RAISING FUNDS FOR THUNDERBIRD AT ASU AND ACTIVELY COMMUNICATE MEMBERSHIP VIEWS TO THUNDERBIRD AT ASU. STUDENT SUPPORT SERVICES INCLUDING: ASSISTANCE WITH IDENTIFYING AND RECRUITING QUALIFIED THUNDERBIRD STUDNETS, PROMOTE CONNECTIONS BETWEEN CURRENT STUDENTS AND ALUMNI, AND ASSIST WITH PLACEMENT SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION RETAINS A CERTIFIED PUBLIC ACCOUNTANT TO PREPARE THE FORM 990. THE RETURN PREPARER PROVIDES A COPY OF FORM 990 TO THE ORGANIZATION'S EXECUTIVE DIRECTOR FOR REVIEW BEFORE IT IS FILED. THE EXECUTIVE DIRECTOR PROVIDES A COPY TO MEMBERS OF THE BOARD FOR THEIR REVIEW AND COMMENT. ANY ISSUES ARISING FROM THIS REVIEW ARE DISCUSSED AND RESOLVED WITH THE RETURN PREPARER BEFORE FILING. UPON SIGNATURE OF THE EXECUTIVE DIRECTOR, FORM 990 IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY. THE POLICY REQUIRES A WRITTEN DISCLOSURE AND SIGNATURE FROM ALL MEMBERS OF THE BOARD OF DIRECTORS, ALL OFFICERS AND ALL KEY EMPLOYEES ON AN ANNUAL BASIS AND AS CONFLICTS ARISE. THE FORM REQUIRES THAT THOSE COMPLETING THE FORM DISCLOSE CONFLICTS, IF ANY. IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY, ANYONE WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST IN A BUSINESS ARRANGEMENT WITH TIAA MUST DISCLOSE THE INTEREST, AND WILL BE PROHIBITED FROM PARTICIPATING IN AND VOTING ON THE DETERMINATION TO ACCEPT OR REJECT BUSINESS ARRANGEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL COMPENSATION IS ESTABLISHED UNDER THE IRS GUIDELINES TO ENSURE THAT COMPENSATION IS LIMITED TO REASONABLE COMPENSATION FOR THE TYPE AND AMOUNT OF SERVICES PERFORMED BY THE EMPLOYEE, HIS OR HER RELEVANT BACKGROUND, EXPERIENCE, AND EDUCATION AND IN LIGHT OF ANY OTHER RELEVANT FACTORS, AS WELL AS BASED ON DATA AVAILABLE ON COMPENSATION PAID BY SIMILARLY SITUATED ORGANIZATIONS FOR SIMILIAR SERVICES. THE BOARD ALSO FOLLOWS ITS CONFLICT OF INTEREST POLICY, IF APPLICABLE, APROVES COMPENSATION PRIOR TO PAYING IT, AND DOCUMENTS IN WRITING THE APPROVED TERMS/CONDITIONS AND WHAT INFORMATION WAS USED TO DETERMINE THE COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TIAA'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO MEMBERS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd01
IRS990/StatesWhereCopyOfReturnIsFldCd0AZ
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsEOYAmt0347311
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt0347311
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0460213
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt069947
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt024564
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt019152
IRS990/TotalFunctionalExpensesGrp/TotalAmt0113663
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt0761
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0761
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0346550
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt019152
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0460213
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0347311
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt09282
IRS990/TravelGrp/TotalAmt09282
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0311707
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1014901 N SCOTTSDALE RD NO 201C
IRS990/USAddress/City0SCOTTSDALE
IRS990/USAddress/State0AZ
IRS990/USAddress/ZIPCode085254
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.TIAAGLOBAL.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WILL COUNTS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04808401224
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine10THUNDERBIRD INDEPENDENT ALUMNI ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0THUN
ReturnHeader/Filer/EIN0463455566
ReturnHeader/Filer/PhoneNum04808401224
ReturnHeader/Filer/USAddress/AddressLine1014901 N SCOTTSDALE RD NO 201C
ReturnHeader/Filer/USAddress/City0SCOTTSDALE
ReturnHeader/Filer/USAddress/State0AZ
ReturnHeader/Filer/USAddress/ZIPCode085254
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0272219818
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10HANAGAN CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1015720 N GREENWAY HAYDEN LP 5
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0SCOTTSDALE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode085260
ReturnHeader/PreparerPersonGrp/PhoneNum04803202985
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AMY R HANAGAN CPA
ReturnHeader/ReturnTs02014-11-17T20:52:00-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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