Civic Intelligence

Mba Student Association at Unc Kenan-Flagler

990 • Fiscal year 2019 • EIN 47-2897338

May 01, 2018 to Apr 30, 2019 • Filed on Mar 16, 2020

Campus Box 3490Chapel Hill, NC 27599-3490

(419) 787-9821

Siviq Scores

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

Liabilities / Assets

34th percentile

0.00x

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

2019 filings • NTEE B • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

34th percentile

0.00x

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

2019 filings • NTEE B • $500k-$1M nonprofits • Source year 2019

Net Margin

36th percentile

-0.7%

Higher net margin than 36% of similar nonprofits.

2019 filings • NTEE B • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

2019 filings • NTEE B • $500k-$1M nonprofits • Source year 2019

Asset Growth

5th percentile

-41%

Faster asset growth than 5% of similar nonprofits.

2019 filings • NTEE B • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

80th percentile

33%

Faster revenue growth than 80% of similar nonprofits.

2019 filings • NTEE B • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$244,433

Down $167,531 (-41%) from 2018

Net Assets

Down

$244,433

Down $167,531 (-41%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$480,005

Up $119,917 (+33%) from 2018

Expenses

Up

$483,310

Up $483,310 from 2018

Net Income

Down

-$3,305

Down $363,393 (-101%) from 2018

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2015: $83,727Liabilities 2015: $0Net Assets 2015: $83,7272015Assets 2016: $287,168Liabilities 2016: $0Net Assets 2016: $287,1682016Assets 2018: $411,964Liabilities 2018: $0Net Assets 2018: $411,9642018Assets 2019: $244,433Liabilities 2019: $0Net Assets 2019: $244,4332019Assets 2020: $212,924Liabilities 2020: $0Net Assets 2020: $212,9242020Assets 2021: $424,730Liabilities 2021: $0Net Assets 2021: $424,7302021Assets 2022: $272,471Liabilities 2022: $0Net Assets 2022: $272,4712022Assets 2023: $188,885Liabilities 2023: $0Net Assets 2023: $188,8852023Assets 2025: $278,646Liabilities 2025: $0Net Assets 2025: $278,6462025

Highlighted filing

2019

Assets$244,433
Liabilities$0
Net Assets$244,433

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2015: $92,097Expenses 2015: $8,369Net Income 2015: $83,7282015Revenue 2016: $375,177Expenses 2016: $365,668Net Income 2016: $9,5092016Revenue 2018: $360,088Expenses 2018: $0Net Income 2018: $360,0882018Revenue 2019: $480,005Expenses 2019: $483,310Net Income 2019: -$3,3052019Revenue 2020: $422,616Expenses 2020: $454,125Net Income 2020: -$31,5092020Revenue 2021: $329,830Expenses 2021: $118,024Net Income 2021: $211,8062021Revenue 2022: $400,660Expenses 2022: $562,919Net Income 2022: -$162,2592022Revenue 2023: $482,699Expenses 2023: $566,285Net Income 2023: -$83,5862023Revenue 2025: $393,211Expenses 2025: $343,834Net Income 2025: $49,3772025

Highlighted filing

2019

Revenue$480,005
Expenses$483,310
Net Income-$3,305
Jump To
Filing Snapshot
Filing Period
May 1, 2018 to Apr 30, 2019
Signed
Mar 16, 2020
Return Version
2018v3.2
Gross Receipts
$517,515
Mission and Program Overview

Mission

The mba student association at unc kenan-flagler (mbasa) strives to ensure that the mba program at the unc kenan-flagler business school provides its students with a high-quality educational experience aimed at producing future business leaders who are well-educated, maintain a global perspective and enjoy balanced lifestyles; career opportunities which fit the needs of students; and nonacadamic activities essential to becoming successful business leaders.

The mba student association at unc kenan-flagler (mbasa) strives to ensure that the mba program at the unc kenan-flagler business school provides its students with a high-quality educational experience aimed at producing future business leaders who are well-educated, maintain a global perspective and enjoy balanced lifestyles; career opportunities which fit the needs of students; and nonacademic activities essential to becoming successful business leaders.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$360,411$234,433▼ $125,978
Inventories for Sale or Use$41,900$10,000▼ $31,900
Accounts Receivable$9,653--
Total Assets$411,964$244,433▼ $167,531
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets$113,449$187,376▲ $73,927
Unrestricted Net Assets$298,515$57,057▼ $241,458
Total Net Assets Fund Balance$411,964$244,433▼ $167,531
Total Liabilities and Net Assets / Fund Balance$411,964$244,433▼ $167,531
Compensation and Service Providers

Board Members and Trustees

NameTitle
Christina BalitaanPresident
James RichardsonPresident-el
SEAN D'HOOSTELAEREExecutive VP
Jackson MarleyVP-communica
Ellie BarhostVP-community
Patrick Gomez-menziesVP-diversity
Alex CooperVP-finance
Steven ZimaVP-finance-e
Priyanka NandaVP-internati
Joe GadientVP-learning
Nelson IngramVP-social Af
Meg DoughertyVP-student a
Revenue and Support

Revenue Composition

Contributions and Grants
$299,207
Program Service Revenue
$169,662
Investment Income
$0
Other Revenue
$11,136
All Other Contributions
$154,786
Change in Net Assets
$-3,305
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$42,000
Other Expenses$14,116
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$427,194--$427,194
Grants to Domestic Individuals$42,000--$42,000
Travel$10,337--$10,337
Office Expenses-$3,779-$3,779
Total Functional Expenses$479,531$3,779$0$483,310
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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 4

Starting the end of 2019, there is a board of directors which sits over the executive council.

Form 990, Page 6, Part VI, Line 6

The organization has members that pay dues.

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

The general membership elects the members of the governing body.

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

The vp-finance is authorized to hire and retain the services of accounting service providers as and if need be. The vp-finance works with leadership for various clubs to compile the accounting information and file the tax forms. The form 990 is distributed to the governing body prior to filing.

Form 990, Page 6, Part VI, Line 19

The required documents are available at the school - kenan-flagler business school, mccoll building. The documents will be made available to anyone looking to review the same. Will provide assistance and reasonable time to any member of the public looking to review information about the organization.

Filing and Contact Details

Filer

Filer Name
Mba Student Association at
EIN
47-2897338
Phone
4197879821
Address
CAMPUS BOX 3490, CHAPEL HILL, NC 27599-3490

Signing Officer

Name
Steven Zima
Title
VP-finance-elect
Phone
4197879821
Signed
2020-03-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven Zima
Formed
2015
Legal Domicile
Nc
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
600

Preparer

Firm
Thomas J Rollins CPA
Address
3008 ANDERSON DRIVE SUITE 200, RALEIGH, NC 27609
Preparer
Thomas J Rollins
Phone
9197838484
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mba student association at unc kenan-flagler (mbasa) strives to ensure that the mba program at the unc kenan-flagler business school provides its students with a high-quality educational experience aimed at producing future business leaders who are well-educated, maintain a global perspective and enjoy balanced lifestyles; career opportunities which fit the needs of students; and nonacademic activities essential to becoming successful business leaders.

Form 990, Page 2, Part III, Line 4D

The remainder of our programs are smaller events. They consist of events to support diversity and inclusion clubs, which provide support for diverse students and put on educational events related to their respective group, as well as events to support career clubs, which provide education and support to students recruiting into a particular industry. We also do a number of smaller social events and support a number of conferences on campus, such as the kenan-flagler healthcare conference and the carolina women in business campus, related to a career focus area or to diversity and inclusion in business.

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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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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1EXECUTIVE VP
IRS990/Form990PartVIISectionAGrp/TitleTxt2VP-LEARNING
IRS990/Form990PartVIISectionAGrp/TitleTxt3VP-SOCIAL AF
IRS990/Form990PartVIISectionAGrp/TitleTxt4VP-DIVERSITY
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IRS990/MissionDesc0THE MBA STUDENT ASSOCIATION AT UNC KENAN-FLAGLER (MBASA) STRIVES TO ENSURE THAT THE MBA PROGRAM AT THE UNC KENAN-FLAGLER BUSINESS SCHOOL PROVIDES ITS STUDENTS WITH A HIGH-QUALITY EDUCATIONAL EXPERIENCE AIMED AT PRODUCING FUTURE BUSINESS LEADERS WHO ARE WELL-EDUCATED, MAINTAIN A GLOBAL PERSPECTIVE AND ENJOY BALANCED LIFESTYLES; CAREER OPPORTUNITIES WHICH FIT THE NEEDS OF STUDENTS; AND NONACADEMIC ACTIVITIES ESSENTIAL TO BECOMING SUCCESSFUL BUSINESS LEADERS.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE REMAINDER OF OUR PROGRAMS ARE SMALLER EVENTS. THEY CONSIST OF EVENTS TO SUPPORT DIVERSITY AND INCLUSION CLUBS, WHICH PROVIDE SUPPORT FOR DIVERSE STUDENTS AND PUT ON EDUCATIONAL EVENTS RELATED TO THEIR RESPECTIVE GROUP, AS WELL AS EVENTS TO SUPPORT CAREER CLUBS, WHICH PROVIDE EDUCATION AND SUPPORT TO STUDENTS RECRUITING INTO A PARTICULAR INDUSTRY. WE ALSO DO A NUMBER OF SMALLER SOCIAL EVENTS AND SUPPORT A NUMBER OF CONFERENCES ON CAMPUS, SUCH AS THE KENAN-FLAGLER HEALTHCARE CONFERENCE AND THE CAROLINA WOMEN IN BUSINESS CAMPUS, RELATED TO A CAREER FOCUS AREA OR TO DIVERSITY AND INCLUSION IN BUSINESS.
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0EVC INTERNSHIP FELLOWSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1SISG SUMMER GRANTS
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ENTREPRENEURSHIP AND VENTURE CAPITAL (EVC) CLUB - FELLOWS COME FROM A VARIETY OF INDUSTRY AND FUNCTIONAL BACKGROUNDS AND ARE SELECTED BASED ON THEIR DEMONSTRATED ENTREPRENEURIAL ABILITY, COMMITMENT TO ENTREPRENEURSHIP AT KENAN-FLAGLER BUSINESS SCHOOL (INCLUDING THE EVC CLUB) AND PASSION TO LAUNCH A CAREER AS A FOUNDER, FUNDER OR GROWTH EXECUTIVE. TO BE CONSIDERED, CANDIDATES MUST SUBMIT THEIR RESUME, A ONE-PAGE ESSAY AND WILL BE INTERVIEWED BY MEMBERS OF THE EVC CLUB. TO RECEIVE THE AWARD, THE CANDIDATE MUST NOT EARN MORE THAN 15,000.00 IN FUNDING DURING THE SUMMER. THE EVC CLUB DOES A MID-SUMMER ASSESSMENT WHERE FEEDBACK IS AGGREGATED AND UTILIZED IN CLUB PROMOTION TO INCOMING FIRST-YEAR MBA STUDENTS DURING ORIENTATION. THE EVC CLUB PRESIDENT CONDUCTS EXIT INTERVIEWS TO LEARN ABOUT THE FELLOWS' EXPERIENCES,DOCUMENTED IN THE EVC SHARED GOOGLE DRIVE. SOCIAL IMPACT SUMMER GRANTS (SISG) - APPLICATIONS OPEN IN APRIL AND GRANTEE DECISIONS ARE STAFF-ADVISED THROUGH OUR PARTNERSHIP WITH THE CENTER FOR SUSTAINABLE ENTERPRISE. IN ORDER TO BE ELIGIBLE FOR THE GRANT, STUDENTS MUST HAVE A FORMAL JOB OFFER AT THE TIME OF APPLICATION SUBMISSION. RECIPIENTS ARE CHOSEN BY A SIX-PERSON COMMITTEE COMPRISED OF REPRESENTATIVES FROM THE CENTER FOR SUSTAINABLE ENTERPRISE, THE FULL-TIME MBA CAREER MANAGEMENT CENTER, THE ADVANCEMENT OFFICE, THE MBA NET IMPACT CHAPTER AND PREVIOUS SISG RECIPIENTS. THIS COMMITTEE REVIEWS ALL APPLICATIONS, CONDUCTS IN-PERSON INTERVIEWS WITH QUALIFYING CANDIDATES AND ANALYZES THE PUBLIC BENEFIT AND FINANCAL NEEDS OF THE SPONSORING ORGANIZATIONS. UPON RETURN, STUDENTS ARE ASKED TO SUBMIT A FINAL PROJECT DELIVERABLE AND BRIEF TESTIMONIAL OF THEIR EXPERIENCE. SISG RECIPIENTS ARE EXPECTED TO BE ACTIVELY ENGAGED IN PROMOTING AND BUILDING AWARENESS FOR THE PROGRAM DURING THEIR SECOND YEAR. PART III, COLUMN B - NUMBER OF RECIPIENTS THE NUMBER OF RECIPIENTS LISTED REPRESENTS THE ACTUAL NUMBER GRANTED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MBA STUDENT ASSOCIATION AT UNC KENAN-FLAGLER (MBASA) STRIVES TO ENSURE THAT THE MBA PROGRAM AT THE UNC KENAN-FLAGLER BUSINESS SCHOOL PROVIDES ITS STUDENTS WITH A HIGH-QUALITY EDUCATIONAL EXPERIENCE AIMED AT PRODUCING FUTURE BUSINESS LEADERS WHO ARE WELL-EDUCATED, MAINTAIN A GLOBAL PERSPECTIVE AND ENJOY BALANCED LIFESTYLES; CAREER OPPORTUNITIES WHICH FIT THE NEEDS OF STUDENTS; AND NONACADEMIC ACTIVITIES ESSENTIAL TO BECOMING SUCCESSFUL BUSINESS LEADERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE REMAINDER OF OUR PROGRAMS ARE SMALLER EVENTS. THEY CONSIST OF EVENTS TO SUPPORT DIVERSITY AND INCLUSION CLUBS, WHICH PROVIDE SUPPORT FOR DIVERSE STUDENTS AND PUT ON EDUCATIONAL EVENTS RELATED TO THEIR RESPECTIVE GROUP, AS WELL AS EVENTS TO SUPPORT CAREER CLUBS, WHICH PROVIDE EDUCATION AND SUPPORT TO STUDENTS RECRUITING INTO A PARTICULAR INDUSTRY. WE ALSO DO A NUMBER OF SMALLER SOCIAL EVENTS AND SUPPORT A NUMBER OF CONFERENCES ON CAMPUS, SUCH AS THE KENAN-FLAGLER HEALTHCARE CONFERENCE AND THE CAROLINA WOMEN IN BUSINESS CAMPUS, RELATED TO A CAREER FOCUS AREA OR TO DIVERSITY AND INCLUSION IN BUSINESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2STARTING THE END OF 2019, THERE IS A BOARD OF DIRECTORS WHICH SITS OVER THE EXECUTIVE COUNCIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS MEMBERS THAT PAY DUES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GENERAL MEMBERSHIP ELECTS THE MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE VP-FINANCE IS AUTHORIZED TO HIRE AND RETAIN THE SERVICES OF ACCOUNTING SERVICE PROVIDERS AS AND IF NEED BE. THE VP-FINANCE WORKS WITH LEADERSHIP FOR VARIOUS CLUBS TO COMPILE THE ACCOUNTING INFORMATION AND FILE THE TAX FORMS. THE FORM 990 IS DISTRIBUTED TO THE GOVERNING BODY PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE REQUIRED DOCUMENTS ARE AVAILABLE AT THE SCHOOL - KENAN-FLAGLER BUSINESS SCHOOL, MCCOLL BUILDING. THE DOCUMENTS WILL BE MADE AVAILABLE TO ANYONE LOOKING TO REVIEW THE SAME. WILL PROVIDE ASSISTANCE AND REASONABLE TIME TO ANY MEMBER OF THE PUBLIC LOOKING TO REVIEW INFORMATION ABOUT THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990/USAddress/CityNm0CHAPEL HILL
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ReturnHeader/BusinessOfficerGrp/PersonNm0STEVEN ZIMA
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ReturnHeader/BusinessOfficerGrp/SignatureDt02020-03-16
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ReturnHeader/FilingSecurityInformation/IPTm012:25:40
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THOMAS J ROLLINS CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03008 ANDERSON DRIVE SUITE 200
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS J ROLLINS
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ReturnHeader/TaxPeriodEndDt02019-04-30
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