Civic Intelligence

The Alumni Association of the University of North Carolina at Greensboro

990 • Fiscal year 2018 • EIN 56-6060867

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 11, 2018

PO Box 26170Greensboro, NC 27402

(336) 334-5696

Siviq Scores

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

Liabilities / Assets

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

37th percentile

0.05x

Higher debt load relative to revenue than 37% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

8th percentile

-40%

Higher net margin than 8% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

77th percentile

$124,646

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 57.4% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

54th percentile

2.1%

Faster asset growth than 54% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

35th percentile

-1.5%

Faster revenue growth than 35% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$3,619,303

Up $74,834 (+2.1%) from 2017

Net Assets

Up

$3,608,764

Up $74,860 (+2.1%) from 2017

Liabilities

Down

$10,539

Down $26 (-0.2%) from 2017

Revenue

Down

$217,100

Down $3,251 (-1.5%) from 2017

Expenses

Up

$304,813

Up $76,207 (+33%) from 2017

Net Income

Down

-$87,713

Down $79,458 (-963%) from 2017

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $2,891,276Liabilities 2010: $182,809Net Assets 2010: $2,708,4672010Assets 2011: $3,626,820Liabilities 2011: $541,875Net Assets 2011: $3,084,9452011Assets 2012: $3,345,064Liabilities 2012: $382,872Net Assets 2012: $2,962,1922012Assets 2013: $3,671,963Liabilities 2013: $559,738Net Assets 2013: $3,112,2252013Assets 2014: $4,365,944Liabilities 2014: $886,761Net Assets 2014: $3,479,1832014Assets 2015: $4,439,170Liabilities 2015: $1,003,343Net Assets 2015: $3,435,8272015Assets 2016: $3,977,407Liabilities 2016: $736,474Net Assets 2016: $3,240,9332016Assets 2017: $3,544,469Liabilities 2017: $10,565Net Assets 2017: $3,533,9042017Assets 2018: $3,619,303Liabilities 2018: $10,539Net Assets 2018: $3,608,7642018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2018

Assets$3,619,303
Liabilities$10,539
Net Assets$3,608,764

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $178,2252010Expenses 2011: $212,1922011Expenses 2012: $168,0342012Expenses 2013: $303,1132013Revenue 2014: $305,129Expenses 2014: $230,800Net Income 2014: $74,3292014Revenue 2015: $294,512Expenses 2015: $217,170Net Income 2015: $77,3422015Revenue 2016: $187,293Expenses 2016: $224,587Net Income 2016: -$37,2942016Revenue 2017: $220,351Expenses 2017: $228,606Net Income 2017: -$8,2552017Revenue 2018: $217,100Expenses 2018: $304,813Net Income 2018: -$87,7132018Revenue 2019: $191,210Expenses 2019: $234,635Net Income 2019: -$43,4252019

Highlighted filing

2018

Revenue$217,100
Expenses$304,813
Net Income-$87,713
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 11, 2018
Return Version
2017v2.3
Gross Receipts
$260,398
Mission and Program Overview

Mission

The uncg alumni association seeks to draw each and every graduate into a lifelong connection with uncg and to inspire alumni to serve and advocate on behalf of their alma mater. We will do this by promoting continued cultural, educational, and relationship-building opportunities for alumni, and sharing the uncg story through regular meaningful communication in order to advance the interests of the university.

To promote education, advance the interests of the university, and to encourage the cooperation of alumni in the work of the university and of the association.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$3,305,188$3,441,999▲ $136,811
Cash and Non-Interest-Bearing Accounts$228,047$168,783▼ $59,264
Inventories for Sale or Use$8,875$7,250▼ $1,625
Accounts Receivable$2,359$1,271▼ $1,088
Total Assets$3,544,469$3,619,303▲ $74,834
Liabilities
Accounts Payable and Accrued Expenses$10,565$10,539▼ $26
Total Liabilities$10,565$10,539▼ $26
Net Assets / Fund Balance
Unrestricted Net Assets$3,347,874$3,415,574▲ $67,700
Permanently Rstr Net Assets$138,735$138,735→ $0
Temporarily Rstr Net Assets$47,295$54,455▲ $7,160
Total Net Assets Fund Balance$3,533,904$3,608,764▲ $74,860
Total Liabilities and Net Assets / Fund Balance$3,544,469$3,619,303▲ $74,834

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$122,191--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$3,305,188$9,047▲ $254,273$126,509$3,441,999
2016$3,036,067$10,250▲ $379,479$120,608$3,305,188
2015$3,294,877$8,059▼ $132,581$134,288$3,036,067
2014$3,169,239$230,711▲ $6,785$111,858$3,294,877
2013$2,832,145$10,071▲ $428,645$101,622$3,169,239
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Mary LandersExecutive DirectorFT$124,646$124,646

Board Members and Trustees

NameTitle
Dudley BokoskiChair
Annette HoleshPresident
Elisha GutloffPresident - Elect
Tamara KerseyVice President
Agnes PriceDirector
Anne TateDirector
Aubrey RavenelDirector
Craig FinkDirector
Dean CastaldoDirector
Derek FridayDirector
Erica MizelleDirector
Gail AustinDirector
Jackie CopelandDirector
Jason CaldwellDirector
Jennifer MorrisDirector
Jeremy HolderfieldDirector
Kate TobeyDirector
Kevin BottomleyDirector
Melanie BullockDirector
Michelle SchneiderDirector
Rachael HartDirector
Roy DixonDirector
Sarah ShoffnerDirector
Sherita GatlingDirector
Stacy VogelDirector
Whitney HillDirector
Yvette Stewart-mackeyDirector
Barry MurrayEx-officio
Jan ZinkEx-officio
Jennifer HooksEx-officio
Joanne SafritEx-officio
Lida ColemanEx-officio
Zachary EngleEx-officio
Kevin BarhamSecretary
Neal DixonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$41,508
Program Service Revenue
$9,791
Investment Income
$118,165
Other Revenue
$47,636
All Other Contributions
$41,508
Change in Net Assets
$-87,713

Audited Revenue Reconciliation

Revenue per Audited Statements
$190,723
Revenue Not Reported on Financial Statements
$26,377
Revenue Not Reported on Form 990
$162,573
Total Revenue per Audited Statements
$353,296
Total Revenue per Form 990
$217,100
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$304,813
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$29,074$23,612-$52,686
All Other Expenses$40,423--$40,423
Fees for Service Investment Mgmnt Fees-$26,377-$26,377
Conferences and Meetings-$17,793-$17,793
Fees for Services Other-$16,250-$16,250
Fees for Services Accounting-$13,679-$13,679
Other Expenses$13,186--$13,186
Total Functional Expenses$207,102$97,711$0$304,813

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$304,813
Expenses per Audited Statements$278,436
Total Expenses per Audited Statements$278,436
Expenses Not Reported on Financial Statements$26,377
Expenses Not Reported on Form 990$0
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
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
No
Other officer compensation reviewed
No
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 A, line 6

A member of the association is principally defined as an individual who has attended the university of north carolina at greensboro, the womens college of the university of north carolina, the north carolina college for women, the state normal and industrial college, or the state normal and industrial school (hereafter in this section referred to as the institution). Any person who has earned a degree or certificate from the institution is eligible. As an alumni member any individual who has attended but not earned a degree or certificate from the institution is eligible as an associate member. Any individual who did not attend the institution but chooses to affiliate with the association by donating to the alumni association program endowment fund via the lifetime or sustaining programs shall be considered an associate member. Lifetime and sustaining giving levels are set periodically by the alumni association board of directors. Membership in the association shall be available without regard to race, sex, color, creed, national origin, or sexual orientation.

Form 990, Part VI, Section A, line 7A

The nominating committee shall prepare a slate of candidates for election as officers and directors and shall secure the consent of its nominees to serve if elected. The membership shall be notified of nominations at least 30 days prior to the annual meeting. Directors of the association shall be elected by the association for terms of three years with one-third to be elected each year. Directors, having served a full term, may succeed themselves to the same position for one additional term. Election of officers and directors shall take place at the annual meeting. Nominations shall be permitted from the floor at the annual meeting. All nominees, whether nominated by the committee or from the floor, shall be members who have given consent to the nominations. Only alumni members may hold office in the association.

Form 990, Part VI, Section B, line 11B

The 990 was prepared by an independent accounting firm and reviewed by the finance committee. After finance committee review, the full board receives electronic copies of the 990 and votes on approval via electronic balloting.

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

At the beginning of each year, board members are required to sign a "code of ethics and conflict of interest policy" statement to disclose any relevant facts that might give rise to a conflict of interest with respect to any matter to be considered by the board.

Form 990, Part VI, Section C, line 19

The form 990 is made available upon request. Additionally, prior year copies of the form 990 can be found on guidestar.org

Filing and Contact Details

Filer

Filer Name
The Alumni Association of the University
EIN
56-6060867
Phone
3363345696
Address
PO BOX 26170, GREENSBORO, NC 27402

Signing Officer

Name
Elisha Gutloff
Title
President
Phone
3363345696
Signed
2018-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Landers
Formed
1909
Legal Domicile
Nc
Voting Board Members
37
Independent Board Members
37
Employees
0
Volunteers
200

Preparer

Firm
Duncan Ashe PA
Address
3 Centerview Drive Suite 200, Greensboro, NC 27407
Preparer
W Barth Ashe
Phone
3362856510
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 24E

GOLD COUNCIL: Program service expenses 10741. Management and general expenses 0. Fundraising expenses 0. Total expenses 10741. VANGUARD: Program service expenses 10131. Management and general expenses 0. Fundraising expenses 0. Total expenses 10131. AWARDS COMMITTEE: Program service expenses 9590. Management and general expenses 0. Fundraising expenses 0. Total expenses 9590. BENEFITS CARD: Program service expenses 7000. Management and general expenses 0. Fundraising expenses 0. Total expenses 7000. MISCELLANEOUS: Program service expenses 2620. Management and general expenses 0. Fundraising expenses 0. Total expenses 2620. LEGISLATIVE ADVOCACY: Program service expenses 341. Management and general expenses 0. Fundraising expenses 0. Total expenses 341.

FORM 990, PART XII, LINE 2C:

Process for committee assuming responsibility for oversight of audit has remained the same as in the prior year.

Financial Statement Notes

Part V, Line 4:

The alumni association of the university of north carolina at greensboro uses its endowment funds to support the mission of the association in facilitating lifelong alumni connections to the university and to one another in order to sustain and advance the association and the university.

Part X, Line 2:

The association is exempt from federal income tax under internal revenue code section 501(c)(3) and is not a private foundation under section 170(b)(1)(a)(vi). Accordingly, no provision for income tax has been made in the financial statements of the association. The association has determined that it does not have any material unrecognized tax obligations as of june 30, 2018. Fiscal years ending on or after june 30, 2015 remain subject to examination by federal authorities.

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IRS990/Form990PartVIISectionAGrp/PersonNm2ELISHA GUTLOFF
IRS990/Form990PartVIISectionAGrp/PersonNm3TAMARA KERSEY
IRS990/Form990PartVIISectionAGrp/PersonNm4KEVIN BARHAM
IRS990/Form990PartVIISectionAGrp/PersonNm5NEAL DIXON
IRS990/Form990PartVIISectionAGrp/PersonNm6GAIL AUSTIN
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IRS990/Form990PartVIISectionAGrp/PersonNm8MELANIE BULLOCK
IRS990/Form990PartVIISectionAGrp/PersonNm9JASON CALDWELL
IRS990/Form990PartVIISectionAGrp/PersonNm10DEAN CASTALDO
IRS990/Form990PartVIISectionAGrp/PersonNm11JACKIE COPELAND
IRS990/Form990PartVIISectionAGrp/PersonNm12ROY DIXON
IRS990/Form990PartVIISectionAGrp/PersonNm13SHERITA GATLING
IRS990/Form990PartVIISectionAGrp/PersonNm14RACHAEL HART
IRS990/Form990PartVIISectionAGrp/PersonNm15WHITNEY HILL
IRS990/Form990PartVIISectionAGrp/PersonNm16ERICA MIZELLE
IRS990/Form990PartVIISectionAGrp/PersonNm17JENNIFER MORRIS
IRS990/Form990PartVIISectionAGrp/PersonNm18AGNES PRICE
IRS990/Form990PartVIISectionAGrp/PersonNm19AUBREY RAVENEL
IRS990/Form990PartVIISectionAGrp/PersonNm20MICHELLE SCHNEIDER
IRS990/Form990PartVIISectionAGrp/PersonNm21SARAH SHOFFNER
IRS990/Form990PartVIISectionAGrp/PersonNm22JEREMY HOLDERFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm23YVETTE STEWART-MACKEY
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IRS990/Form990PartVIISectionAGrp/PersonNm25KATE TOBEY
IRS990/Form990PartVIISectionAGrp/PersonNm26DEREK FRIDAY
IRS990/Form990PartVIISectionAGrp/PersonNm27STACY VOGEL
IRS990/Form990PartVIISectionAGrp/PersonNm28CRAIG FINK
IRS990/Form990PartVIISectionAGrp/PersonNm29JENNIFER HOOKS
IRS990/Form990PartVIISectionAGrp/PersonNm30BARRY MURRAY
IRS990/Form990PartVIISectionAGrp/PersonNm31ZACHARY ENGLE
IRS990/Form990PartVIISectionAGrp/PersonNm32JOANNE SAFRIT
IRS990/Form990PartVIISectionAGrp/PersonNm33LIDA COLEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm34JAN ZINK
IRS990/Form990PartVIISectionAGrp/PersonNm35MARY LANDERS
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT - ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt30EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt31EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt32EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt33EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt34EX-OFFICIO
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IRS990/GrantsToOrganizationsInd00
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IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0THE UNCG ALUMNI ASSOCIATION SEEKS TO DRAW EACH AND EVERY GRADUATE INTO A LIFELONG CONNECTION WITH UNCG AND TO INSPIRE ALUMNI TO SERVE AND ADVOCATE ON BEHALF OF THEIR ALMA MATER. WE WILL DO THIS BY PROMOTING CONTINUED CULTURAL, EDUCATIONAL, AND RELATIONSHIP-BUILDING OPPORTUNITIES FOR ALUMNI, AND SHARING THE UNCG STORY THROUGH REGULAR MEANINGFUL COMMUNICATION IN ORDER TO ADVANCE THE INTERESTS OF THE UNIVERSITY.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/OfficeExpensesGrp/ProgramServicesAmt029074
IRS990/OfficeExpensesGrp/TotalAmt052686
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IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
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IRS990/OtherExpensesGrp/Desc0FALL FEST
IRS990/OtherExpensesGrp/Desc1SCHOLARSHIP INITIATIVE
IRS990/OtherExpensesGrp/Desc2ALUMNI AFFINITY
IRS990/OtherExpensesGrp/Desc3PROGRAM ACTIVITIES
IRS990/OtherExpensesGrp/ProgramServicesAmt050618
IRS990/OtherExpensesGrp/ProgramServicesAmt150000
IRS990/OtherExpensesGrp/ProgramServicesAmt223801

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