Civic Intelligence

The Alumni Association of the University of North Carolina at Greensboro

990 • Fiscal year 2019 • EIN 56-6060867

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 25, 2019

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

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

15th percentile

-23%

Higher net margin than 15% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

99th percentile

$128,400

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 67.2% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

32nd percentile

-12%

Faster revenue growth than 32% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$0

Down $3,619,303 (-100%) from 2018

Net Assets

Down

$0

Down $3,608,764 (-100%) from 2018

Liabilities

Down

$0

Down $10,539 (-100%) from 2018

Revenue

Down

$191,210

Down $25,890 (-12%) from 2018

Expenses

Down

$234,635

Down $70,178 (-23%) from 2018

Net Income

Up

-$43,425

Up $44,288 (+50%) from 2018

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

2019

Assets$0
Liabilities$0
Net Assets$0

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

2019

Revenue$191,210
Expenses$234,635
Net Income-$43,425
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 25, 2019
Return Version
2018v3.1
Gross Receipts
$191,210
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$3,441,999$0▼ $3,441,999
Cash and Non-Interest-Bearing Accounts$168,783$0▼ $168,783
Inventories for Sale or Use$7,250$0▼ $7,250
Accounts Receivable$1,271$0▼ $1,271
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$3,619,303$0▼ $3,619,303
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$10,539$0▼ $10,539
Total Liabilities$10,539$0▼ $10,539
Net Assets / Fund Balance
Unrestricted Net Assets$3,415,574$0▼ $3,415,574
Permanently Rstr Net Assets$138,735$0▼ $138,735
Temporarily Rstr Net Assets$54,455$0▼ $54,455
Total Net Assets Fund Balance$3,608,764$0▼ $3,608,764
Total Liabilities and Net Assets / Fund Balance$3,619,303$0▼ $3,619,303

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$3,441,999$8,547▲ $154,104$3,604,650-
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
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$108,410
Program Service Revenue
$2,141
Investment Income
$7,542
Other Revenue
$73,117
All Other Contributions
$108,410
Change in Net Assets
$-43,425
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$234,635
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
All Other Expenses$34,310--$34,310
Office Expenses$2,872$28,626-$31,498
Fees for Service Investment Mgmnt Fees-$25,707-$25,707
Fees for Services Accounting-$14,713-$14,713
Other Expenses$10,538--$10,538
Conferences and Meetings-$8,666-$8,666
Advertising$5,164--$5,164
Fees for Services Other-$20-$20
Total Functional Expenses$156,903$77,732$0$234,635
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
2019-11-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Landers
Formed
1909
Legal Domicile
Nc
Voting Board Members
29
Independent Board Members
29
Employees
0
Volunteers
250

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 8616. Management and general expenses 0. Fundraising expenses 0. Total expenses 8616. VANGUARD: Program service expenses 6703. Management and general expenses 0. Fundraising expenses 0. Total expenses 6703. CAREER SERVICES: Program service expenses 5537. Management and general expenses 0. Fundraising expenses 0. Total expenses 5537. STUDENT INITIATIVES: Program service expenses 3204. Management and general expenses 0. Fundraising expenses 0. Total expenses 3204. SERVICE & COMMUNITY: Program service expenses 2173. Management and general expenses 0. Fundraising expenses 0. Total expenses 2173. VOLUNTEER MANAGEMENT: Program service expenses 1566. Management and general expenses 0. Fundraising expenses 0. Total expenses 1566. STUDENT TRADITIONS & ORIENTATION: Program service expenses 1447. Management and general expenses 0. Fundraising expenses 0. Total expenses 1447. AWARDS COMMITTEE: Program service expenses 1322. Management and general expenses 0. Fundraising expenses 0. Total expenses 1322. VETERANS: Program service expenses 1096. Management and general expenses 0. Fundraising expenses 0. Total expenses 1096. ATHLETICS: Program service expenses 954. Management and general expenses 0. Fundraising expenses 0. Total expenses 954. DIVERSITY & INCLUSION: Program service expenses 788. Management and general expenses 0. Fundraising expenses 0. Total expenses 788. GLOBAL OUTREACH: Program service expenses 326. Management and general expenses 0. Fundraising expenses 0. Total expenses 326. ALUMNI RELATIONS: Program service expenses 200. Management and general expenses 0. Fundraising expenses 0. Total expenses 200. REUNION: Program service expenses 141. Management and general expenses 0. Fundraising expenses 0. Total expenses 141. POSTAGE: Program service expenses 124. Management and general expenses 0. Fundraising expenses 0. Total expenses 124. FAMILY OUTREACH: Program service expenses 113. Management and general expenses 0. Fundraising expenses 0. Total expenses 113.

Form 990, Part XI, line 9:

Transfers to the university of north carolina at greensboro -3565339.

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.

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IRS990/Form990PartVIISectionAGrp/PersonNm19RACHEL R KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm20ROY GLENN DIXON III
IRS990/Form990PartVIISectionAGrp/PersonNm21SHERITA WARREN GATLING
IRS990/Form990PartVIISectionAGrp/PersonNm22TERANCE TAKYI
IRS990/Form990PartVIISectionAGrp/PersonNm23WHITNEY M HILL
IRS990/Form990PartVIISectionAGrp/PersonNm24ZAC ENGLE
IRS990/Form990PartVIISectionAGrp/PersonNm25DR JOANNE SAFRIT
IRS990/Form990PartVIISectionAGrp/PersonNm26DR KEVIN SHAWN BOTTOMLEY
IRS990/Form990PartVIISectionAGrp/PersonNm27DR SARAH M SHOFFNER
IRS990/Form990PartVIISectionAGrp/PersonNm28DR YVETTE AURELIA STEWART-MACKEY
IRS990/Form990PartVIISectionAGrp/PersonNm29MARY G LANDERS
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24TREASURER
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IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
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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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