Civic Intelligence

University Pathology Association

990 • Fiscal year 2015 • EIN 48-0788824

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 11, 2016

3901 Rainbow BlvdKansas City, KS 66160

(913) 588-7070

Siviq Scores

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

Liabilities / Assets

15th percentile

0.01x

Higher debt load relative to assets than 15% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

9th percentile

0.01x

Higher debt load relative to revenue than 9% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

63rd percentile

7.4%

Higher net margin than 63% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

97th percentile

$748,725

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 8.3% of source-year revenue.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

78th percentile

12%

Faster asset growth than 78% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

42nd percentile

1.2%

Faster revenue growth than 42% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Up

$6,011,556

Up $662,156 (+12%) from 2014

Net Assets

Up

$5,965,959

Up $665,728 (+13%) from 2014

Liabilities

Down

$45,597

Down $3,572 (-7.3%) from 2014

Revenue

Up

$8,980,306

Up $109,238 (+1.2%) from 2014

Expenses

Down

$8,314,578

Down $423,602 (-4.8%) from 2014

Net Income

Up

$665,728

Up $532,840 (+401%) from 2014

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $4,156,184Liabilities 2010: $135,773Net Assets 2010: $4,020,4112010Assets 2011: $4,544,772Liabilities 2011: $100,350Net Assets 2011: $4,444,4222011Assets 2012: $4,967,595Liabilities 2012: $172,779Net Assets 2012: $4,794,8162012Assets 2013: $5,225,420Liabilities 2013: $58,077Net Assets 2013: $5,167,3432013Assets 2014: $5,349,400Liabilities 2014: $49,169Net Assets 2014: $5,300,2312014Assets 2015: $6,011,556Liabilities 2015: $45,597Net Assets 2015: $5,965,9592015Assets 2016: $10,825Liabilities 2016: $0Net Assets 2016: $10,8252016Assets 2017: $8,667Liabilities 2017: $0Net Assets 2017: $8,6672017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2015

Assets$6,011,556
Liabilities$45,597
Net Assets$5,965,959

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $5,103,7202010Expenses 2011: $5,975,5772011Expenses 2012: $6,867,1982012Revenue 2013: $7,812,832Expenses 2013: $7,440,305Net Income 2013: $372,5272013Revenue 2014: $8,871,068Expenses 2014: $8,738,180Net Income 2014: $132,8882014Revenue 2015: $8,980,306Expenses 2015: $8,314,578Net Income 2015: $665,7282015Revenue 2016: $4,713,365Expenses 2016: $5,436,407Net Income 2016: -$723,0422016Revenue 2017: $38,138Expenses 2017: $1,604Net Income 2017: $36,5342017Revenue 2018: $20,259Expenses 2018: $6,316Net Income 2018: $13,9432018

Highlighted filing

2015

Revenue$8,980,306
Expenses$8,314,578
Net Income$665,728
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 11, 2016
Return Version
2014v6.0
Gross Receipts
$8,980,306
Mission and Program Overview

Mission

Organization provides medical education while providing patient care and conducts research/educational functions.

Organization provides medical education while providing patient care, and conducts research/educational functions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,683,545$4,407,970▲ $724,425
Investments in Publicly Traded Securities$1,265,199$1,281,595▲ $16,396
Accounts Receivable$400,656$303,086▼ $97,570
Prepaid Expenses and Deferred Charges-$18,905-
Total Assets$5,349,400$6,011,556▲ $662,156
Liabilities
Accounts Payable and Accrued Expenses$49,169$45,597▼ $3,572
Total Liabilities$49,169$45,597▼ $3,572
Net Assets / Fund Balance
Unrestricted Net Assets$5,300,231$5,965,959▲ $665,728
Total Net Assets Fund Balance$5,300,231$5,965,959▲ $665,728
Total Liabilities and Net Assets / Fund Balance$5,349,400$6,011,556▲ $662,156
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Janet WoodroofTrusteeFT$250,989$497,736$748,725
Ossama TawfikMemberFT$230,408$514,700$745,108
Fang FanSecretaryFT$240,632$503,199$743,831
Lowell TilzerTrusteeFT$342,507$391,071$733,578
Garth R FragaMemberFT$213,315$442,530$655,845
Diane PersonsTrusteeFT$214,481$426,139$640,620
Ivan DamjanovMemberFT$189,192$393,540$582,732
MAURA O'NEILTrusteeFT$184,604$392,178$576,782
Da ZhangMemberFT$188,251$363,278$551,529
Mark CunninghamMemberFT$187,363$359,103$546,466
Rashna MadanTrusteeFT$190,400$318,119$508,519

Board Members and Trustees

NameTitle
Meenakshi SinghPresident
Suzanne ScottTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$8,959,274
Investment Income
$21,032
Other Revenue
$0
Change in Net Assets
$665,728
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,175,205
Other Expenses$139,373
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,863,794--$3,863,794
Current Officers, Directors, Trustees, and Key Employees$3,028,948--$3,028,948
Pension Plan Contributions$865,623--$865,623
Payroll Taxes$236,191--$236,191
Other Employee Benefits$180,649--$180,649
Fees for Services Legal-$30,792-$30,792
Insurance$28,958$323-$29,281
Other Expenses$2,500$10,499-$10,499
Fees for Services Accounting-$8,580-$8,580
Occupancy-$7,452-$7,452
All Other Expenses-$2,298-$2,298
Office Expenses-$200-$200
Total Functional Expenses$8,206,663$107,915$0$8,314,578
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
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

University pathology association has members rather than stockholders.

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

The university pathology association has as its members the full-time faculty of the department of the university pathology association at the university of kansas medical school.

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

Certain actions and decisions of the board of trustees are subject to approval by the members.

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

The form 990 is prepared and reviewed by the organization's outside accounting firm, then sent to the organization's administrator for review. After any changes, the updated return is then sent to the board for review and comment. Once reviewed by the board and all questions and comments have been addressed, the final form 990 is provided to the board prior to the filing with the tax authorities.

Form 990, Page 6, Part VI, Line 12C

Members review and sign the conflict of interest policy during the first quarter of each calendar year. Any potential conflicts are disclosed and resolved at that time.

Form 990, Page 6, Part VI, Line 15A

Top official does not receive a salary for the role of top official, but as a physician. Physician salaries are reviewed annually by the chair and approved by the executive dean and compensation is based on the american association of medical colleges - midwestern region median benchmark for the specialty and rank of the employee. All employees have the opportunity to receive additional compensation on the basis of performance in the areas of productivity and service and any additional compensation is included with the annual review and analysis of regular compensation noted above.

Form 990, Page 6, Part VI, Line 15B

Officers do not receive a salary for their role as officers, but as physicians. Physician salaries are reviewed annually by the chair and approved by the executive dean and compensation is based on the american association of medical colleges - midwestern region median benchmark for the specialty and rank of the employee. All employees have the opportunity to receive additional compensation on the basis of performance in the areas of productivity and service and any additional compensation is included with the annual review and analysis of regular compensation noted above.

Form 990, Page 6, Part VI, Line 19

The university pathology association provides upon written request presented at its office: its original form 1023, its latest form 990, its conflict of interst policy and its latest audited financial statements within 10 business days of the receipt of such request.

Filing and Contact Details

Filer

Filer Name
University Pathology Association
EIN
48-0788824
Phone
9135887070
Address
3901 RAINBOW BLVD, KANSAS CITY, KS 66160

Signing Officer

Name
Meenakshi Singh Md
Title
President
Phone
9135887070
Signed
2016-01-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Meenakshi Singh Md
Formed
1972
Legal Domicile
Ks
Voting Board Members
7
Independent Board Members
0
Employees
20

Preparer

Firm
Cornerstone CPA Group LLC
Address
6420 W 95TH ST STE 202, SHAWNEE MISSION, KS 66212
Preparer
Jennifer D Magyar CPA
Phone
9133818350
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

The organizations is exempt from federal income tax under section 501(c)(3) of the internal revenue code. The organization qualifies for the charitable contribution deduction under section 170(b)(1)(a) and has been classified as an organization other than a private foundation under section 509(a). The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits or liabilities claimed or expected to be claimed on a tax return should be recorded in the financial statements. There were no unrecognized tax benefits or liabilities identified or recorded for the years ended june 30, 2015 and june 30, 2014. The organization files its form 990 with the united states government and is registered in the state of kansas. The organization is generally no longer subject to examination by the irs for years before 2011.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATIONS IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A). THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS OR LIABILITIES CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. THERE WERE NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES IDENTIFIED OR RECORDED FOR THE YEARS ENDED JUNE 30, 2015 AND JUNE 30, 2014. THE ORGANIZATION FILES ITS FORM 990 WITH THE UNITED STATES GOVERNMENT AND IS REGISTERED IN THE STATE OF KANSAS. THE ORGANIZATION IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE IRS FOR YEARS BEFORE 2011.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0UNIVERSITY PATHOLOGY ASSOCIATION HAS MEMBERS RATHER THAN STOCKHOLDERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE UNIVERSITY PATHOLOGY ASSOCIATION HAS AS ITS MEMBERS THE FULL-TIME FACULTY OF THE DEPARTMENT OF THE UNIVERSITY PATHOLOGY ASSOCIATION AT THE UNIVERSITY OF KANSAS MEDICAL SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CERTAIN ACTIONS AND DECISIONS OF THE BOARD OF TRUSTEES ARE SUBJECT TO APPROVAL BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS PREPARED AND REVIEWED BY THE ORGANIZATION'S OUTSIDE ACCOUNTING FIRM, THEN SENT TO THE ORGANIZATION'S ADMINISTRATOR FOR REVIEW. AFTER ANY CHANGES, THE UPDATED RETURN IS THEN SENT TO THE BOARD FOR REVIEW AND COMMENT. ONCE REVIEWED BY THE BOARD AND ALL QUESTIONS AND COMMENTS HAVE BEEN ADDRESSED, THE FINAL FORM 990 IS PROVIDED TO THE BOARD PRIOR TO THE FILING WITH THE TAX AUTHORITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MEMBERS REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY DURING THE FIRST QUARTER OF EACH CALENDAR YEAR. ANY POTENTIAL CONFLICTS ARE DISCLOSED AND RESOLVED AT THAT TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TOP OFFICIAL DOES NOT RECEIVE A SALARY FOR THE ROLE OF TOP OFFICIAL, BUT AS A PHYSICIAN. PHYSICIAN SALARIES ARE REVIEWED ANNUALLY BY THE CHAIR AND APPROVED BY THE EXECUTIVE DEAN AND COMPENSATION IS BASED ON THE AMERICAN ASSOCIATION OF MEDICAL COLLEGES - MIDWESTERN REGION MEDIAN BENCHMARK FOR THE SPECIALTY AND RANK OF THE EMPLOYEE. ALL EMPLOYEES HAVE THE OPPORTUNITY TO RECEIVE ADDITIONAL COMPENSATION ON THE BASIS OF PERFORMANCE IN THE AREAS OF PRODUCTIVITY AND SERVICE AND ANY ADDITIONAL COMPENSATION IS INCLUDED WITH THE ANNUAL REVIEW AND ANALYSIS OF REGULAR COMPENSATION NOTED ABOVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OFFICERS DO NOT RECEIVE A SALARY FOR THEIR ROLE AS OFFICERS, BUT AS PHYSICIANS. PHYSICIAN SALARIES ARE REVIEWED ANNUALLY BY THE CHAIR AND APPROVED BY THE EXECUTIVE DEAN AND COMPENSATION IS BASED ON THE AMERICAN ASSOCIATION OF MEDICAL COLLEGES - MIDWESTERN REGION MEDIAN BENCHMARK FOR THE SPECIALTY AND RANK OF THE EMPLOYEE. ALL EMPLOYEES HAVE THE OPPORTUNITY TO RECEIVE ADDITIONAL COMPENSATION ON THE BASIS OF PERFORMANCE IN THE AREAS OF PRODUCTIVITY AND SERVICE AND ANY ADDITIONAL COMPENSATION IS INCLUDED WITH THE ANNUAL REVIEW AND ANALYSIS OF REGULAR COMPENSATION NOTED ABOVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE UNIVERSITY PATHOLOGY ASSOCIATION PROVIDES UPON WRITTEN REQUEST PRESENTED AT ITS OFFICE: ITS ORIGINAL FORM 1023, ITS LATEST FORM 990, ITS CONFLICT OF INTERST POLICY AND ITS LATEST AUDITED FINANCIAL STATEMENTS WITHIN 10 BUSINESS DAYS OF THE RECEIPT OF SUCH REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B

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