Civic Intelligence

University Pathology Association

990 • Fiscal year 2016 • EIN 48-0788824

Jul 01, 2015 to Jun 30, 2016 • Filed on May 15, 2017

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

14th percentile

0.00x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

14th percentile

0.00x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

18th percentile

-15%

Higher net margin than 18% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

99th percentile

$669,722

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 14.2% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

1st percentile

-100%

Faster asset growth than 1% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

6th percentile

-48%

Faster revenue growth than 6% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$10,825

Down $6,000,731 (-100%) from 2015

Net Assets

Down

$10,825

Down $5,955,134 (-100%) from 2015

Liabilities

Down

$0

Down $45,597 (-100%) from 2015

Revenue

Down

$4,713,365

Down $4,266,941 (-48%) from 2015

Expenses

Down

$5,436,407

Down $2,878,171 (-35%) from 2015

Net Income

Down

-$723,042

Down $1,388,770 (-209%) from 2015

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

2016

Assets$10,825
Liabilities$0
Net Assets$10,825

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

2016

Revenue$4,713,365
Expenses$5,436,407
Net Income-$723,042
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 15, 2017
Return Version
2015v3.0
Gross Receipts
$4,713,365
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
Investments in Publicly Traded Securities$1,281,595--
Accounts Receivable$303,086--
Prepaid Expenses and Deferred Charges$18,905--
Savings and Temporary Cash Investments$4,407,970$10,825▼ $4,397,145
Total Assets$6,011,556$10,825▼ $6,000,731
Liabilities
Accounts Payable and Accrued Expenses$45,597--
Total Liabilities$45,597$0▼ $45,597
Net Assets / Fund Balance
Unrestricted Net Assets$5,965,959$10,825▼ $5,955,134
Total Net Assets Fund Balance$5,965,959$10,825▼ $5,955,134
Total Liabilities and Net Assets / Fund Balance$6,011,556$10,825▼ $6,000,731
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Garth R FragaMemberFT$643,222$26,500$669,722
Janet WoodroofTrusteeFT$533,933$26,500$560,433
Fang FanSecretaryFT$463,699$26,500$490,199
Lowell TilzerTrusteeFT$459,455$26,500$485,955
Ossama TawfikMemberFT$437,777$26,500$464,277
MAURA O'NEILTrusteeFT$402,984$26,500$429,484
Elizabeth FriedmanMemberFT$348,557$70,020$418,577
Mark CunninghamMemberFT$374,714$26,500$401,214
Diane PersonsTrusteeFT$370,525$26,500$397,025
Wei CuiMemberFT$352,187$26,500$378,687
Rashna MadanTrusteeFT$329,407$30,160$359,567
Dr Meenakshi SinghPresidentFT$241,250$26,500$267,750
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,662,799
Investment Income
$50,566
Other Revenue
$0
Change in Net Assets
$-723,042
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,998,747
Other Expenses$1,437,660
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,947,482--$1,947,482
Current Officers, Directors, Trustees, and Key Employees$1,416,959--$1,416,959
Fees for Services Other$1,169,742--$1,169,742
Pension Plan Contributions$469,602--$469,602
Other Employee Benefits$100,000--$100,000
Payroll Taxes$64,704--$64,704
Insurance$21,714$4,948-$26,662
Fees for Services Legal-$11,382-$11,382
Occupancy-$8,941-$8,941
Fees for Services Accounting-$8,580-$8,580
All Other Expenses-$2,516-$2,516
Other Expenses$201,000$1,828-$1,828
Office Expenses-$150-$150
Total Functional Expenses$5,391,203$45,204$0$5,436,407
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
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
Dr Meenakshi Singh
Title
President
Phone
9135887070
Signed
2017-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Meenakshi Singh
Formed
1972
Legal Domicile
Ks
Voting Board Members
7
Independent Board Members
0
Employees
21

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

Additional Explanations

Form 990, Part IX, Line 11G

Purchased services 1,169,742 0 0

Form 990, Part XI

The foundation has signed an agreement to transfer all of its activities, assets, liabilities and fund balances into a new integrated clinical enterprise. The new enterprise is kansas university physicians (ein 48- 1163756) and is a 501(c)(3) exempt entity. The foundation began transferring some of its assets to this new enterprise during fye june 30, 2016. The existing entity will be resolved once all transfers to the new enterprise are complete.

Form 990, Part XI, Line 9

Cash transferred (see sched o) -5,232,092 total -5,232,092

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