Civic Intelligence

Ulc Inc DBA University Club

990 • Fiscal year 2022 • EIN 61-1193494

Jul 01, 2021 to Jun 30, 2022 • Filed on Jan 26, 2023

P O Box 21329Louisville, KY 40221-0329

(502) 852-6996

Siviq Scores

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

Liabilities / Assets

98th percentile

3.82x

Higher debt load relative to assets than 98% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

95th percentile

0.93x

Higher debt load relative to revenue than 95% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

13th percentile

-38%

Higher net margin than 13% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

31st percentile

-10%

Faster asset growth than 31% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

62nd percentile

25%

Faster revenue growth than 62% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Flat

$115,927

Flat from 2022

Net Assets

Flat

-$327,060

Flat from 2022

Liabilities

Flat

$442,987

Flat from 2022

Revenue

Flat

$474,980

Flat from 2022

Expenses

Flat

$655,666

Flat from 2022

Net Income

Flat

-$180,686

Flat from 2022

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2011: $563,343Liabilities 2011: $166,780Net Assets 2011: $396,5632011Assets 2012: $821,267Liabilities 2012: $202,542Net Assets 2012: $618,7252012Assets 2013: $356,848Liabilities 2013: $217,234Net Assets 2013: $139,6142013Assets 2014: $312,748Liabilities 2014: $239,727Net Assets 2014: $73,0212014Assets 2015: $389,397Liabilities 2015: $293,268Net Assets 2015: $96,1292015Assets 2016: $244,721Liabilities 2016: $163,878Net Assets 2016: $80,8432016Assets 2017: $240,182Liabilities 2017: $154,894Net Assets 2017: $85,2882017Assets 2018: $256,950Liabilities 2018: $282,541Net Assets 2018: -$25,5912018Assets 2019: $285,413Liabilities 2019: $420,381Net Assets 2019: -$134,9682019Assets 2020: $182,009Liabilities 2020: $133,368Net Assets 2020: $48,6412020Assets 2021: $129,247Liabilities 2021: $275,621Net Assets 2021: -$146,3742021Assets 2022: $115,927Liabilities 2022: $442,987Net Assets 2022: -$327,0602022Assets 2022: $115,927Liabilities 2022: $442,987Net Assets 2022: -$327,0602022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024Assets 2025: -$23,123Liabilities 2025: $0Net Assets 2025: -$23,1232025

Highlighted filing

2022

Assets$115,927
Liabilities$442,987
Net Assets-$327,060

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $2,395,680Expenses 2011: $2,455,381Net Income 2011: -$59,7012011Revenue 2012: $2,585,613Expenses 2012: $2,363,451Net Income 2012: $222,1622012Expenses 2013: $2,507,3372013Revenue 2014: $2,202,298Expenses 2014: $2,268,891Net Income 2014: -$66,5932014Revenue 2015: $2,374,378Expenses 2015: $2,351,270Net Income 2015: $23,1082015Revenue 2016: $2,413,577Expenses 2016: $2,428,863Net Income 2016: -$15,2862016Revenue 2017: $2,314,730Expenses 2017: $2,310,285Net Income 2017: $4,4452017Revenue 2018: $2,131,825Expenses 2018: $2,242,704Net Income 2018: -$110,8792018Revenue 2019: $2,062,335Expenses 2019: $2,171,712Net Income 2019: -$109,3772019Revenue 2020: $1,916,162Expenses 2020: $1,732,553Net Income 2020: $183,6092020Revenue 2021: $379,748Expenses 2021: $574,763Net Income 2021: -$195,0152021Revenue 2022: $474,980Expenses 2022: $655,666Net Income 2022: -$180,6862022Revenue 2022: $474,980Expenses 2022: $655,666Net Income 2022: -$180,6862022Revenue 2023: $343,701Expenses 2023: $389,097Net Income 2023: -$45,3962023Revenue 2024: $779,762Expenses 2024: $784,244Net Income 2024: -$4,4822024Revenue 2025: $1,293,196Expenses 2025: $1,316,319Net Income 2025: -$23,1232025

Highlighted filing

2022

Revenue$474,980
Expenses$655,666
Net Income-$180,686
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Jan 26, 2023
Return Version
2021v4.2
Gross Receipts
$474,980
Mission and Program Overview

Mission

To foster relations between the university of louisville faculty, staff and alumni.

To foster relations between the university of louisville faculty, staff and alumni

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$41,019$41,036▲ $17
Cash and Non-Interest-Bearing Accounts$47,434$35,412▼ $12,022
Accounts Receivable$28,893$31,093▲ $2,200
Inventories for Sale or Use$2,185$30,878▲ $28,693
Prepaid Expenses and Deferred Charges$9,716$-22,492▼ $32,208
Total Assets$129,247$115,927▼ $13,320
Liabilities
Accounts Payable and Accrued Expenses$21,687$406,098▲ $384,411
Other Liabilities$243,901--
Deferred Revenue$10,033$36,889▲ $26,856
Total Liabilities$275,621$442,987▲ $167,366
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-146,374$-327,060▼ $180,686
Total Net Assets Fund Balance$-146,374$-327,060▼ $180,686
Total Liabilities and Net Assets / Fund Balance$129,247$115,927▼ $13,320
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$436,566
Program Service Revenue
$38,414
Investment Income
$0
Other Revenue
$0
All Other Contributions
$256,947
Change in Net Assets
$-180,686
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$615,628
Salaries, Compensation, and Employee Benefits$40,038
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses-$217,247-$217,247
Other Expenses-$138,965-$138,965
Current Officers, Directors, Trustees, and Key Employees-$40,038-$40,038
Fees for Services Other$1,542--$1,542
Total Functional Expenses$1,542$654,124$0$655,666
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
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

The organiztion has members who nominate and elect the governing board.

Governing body decisions Part VI line 7B

The Board of Directors are elected by popular vote of the members of the club.

Form 990 governing body review Part VI line 11

A copy of the 990 is presented to and reviewed by the Board of Directores at their monthly meeting.

CEO executive director top management comp Part VI line 15A

Top managements compensation is reviewed

Other officer or key employee compensation Part VI line 15B

The compensation for top management and key employees are reviewed and approved by the Board of Directors annually and documents in the minutes of their meeting.

Governing documents etc available to public Part VI line 19

All governing documents are reviewed and available to the public.

Filing and Contact Details

Filer

Filer Name
Ulc Inc
EIN
61-1193494
Address
P O BOX 21329, Louisville, KY 40221-0329
Doing Business As
University Club

Signing Officer

Name
Jeanine Triplett
Title
President
Phone
5028526996
Signed
2023-01-26
Discuss with paid preparer
No

Organization Details

Formed
1992
Legal Domicile
Ky
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
5

Preparer

Firm
Michael F Wade CPA
Address
4409 Peregrine Place, Louisville, KY 40241
Preparer
Michael F Wade
Phone
5027677937
Supplemental Narrative

Additional Explanations

Other or change in accounting method Part XII line 1

Documents are available upon request from the University Club. The 990 which contains the financial information is filed with the Attorney General of Kentucky. The organizations governing documents and financial statements are made available for the members and all interested parties at the annual meeting.

List of other expenses Part IX line 24E

The other expense is more than 10% of Functional Expenses

Part XI response or note to any line in Part XI

No change from prior year

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IRS990/OtherExpensesGrp/Desc0Supplies & Repairs
IRS990/OtherExpensesGrp/Desc1Promotions
IRS990/OtherExpensesGrp/Desc2INS Taxes & LIC
IRS990/OtherExpensesGrp/Desc3MaintenanceUtilities
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010857
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1213517
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt233500
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3138965
IRS990/OtherExpensesGrp/TotalAmt010857
IRS990/OtherExpensesGrp/TotalAmt1213517
IRS990/OtherExpensesGrp/TotalAmt233500
IRS990/OtherExpensesGrp/TotalAmt3138965
IRS990/OtherLiabilitiesGrp/BOYAmt0243901
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09716
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0-22492
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Food & Beverage Sales
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt038414
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt038414
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0352633
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherRevenueAmt0600
IRS990/PYProgramServiceRevenueAmt026515
IRS990/PYRevenuesLessExpensesAmt099960
IRS990/PYSalariesCompEmpBnftPaidAmt0279788
IRS990/PYTotalExpensesAmt0279788
IRS990/PYTotalRevenueAmt0379748
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-180686
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt038414
IRS990/SavingsAndTempCashInvstGrp/BOYAmt041019
IRS990/SavingsAndTempCashInvstGrp/EOYAmt041036
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0436719
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0352633
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0575304
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0542634
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0568533
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02475823
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt022911
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt045433
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt039454
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0107798
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt038414
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt026515
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0901156
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01432846
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01493482
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03892413
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt022911
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt045433
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt039454
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0107798
IRS990ScheduleA/InvestmentIncomeCYPct00.02000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0600
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0416791
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt041422
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt030356
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0489169
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.91430
IRS990ScheduleA/PublicSupportPY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt06368236
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0475133
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0379148
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01476460
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01975480
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02062015
IRS990ScheduleA/Total509Grp/TotalAmt06368236
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0475133
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0379748
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01916162
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02062335
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02131825
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06965203
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organiztion has members who nominate and elect the governing board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board of Directors are elected by popular vote of the members of the club.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A copy of the 990 is presented to and reviewed by the Board of Directores at their monthly meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Top managements compensation is reviewed
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The compensation for top management and key employees are reviewed and approved by the Board of Directors annually and documents in the minutes of their meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5All governing documents are reviewed and available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Documents are available upon request from the University Club. The 990 which contains the financial information is filed with the Attorney General of Kentucky. The organizations governing documents and financial statements are made available for the members and all interested parties at the annual meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The other expense is more than 10% of Functional Expenses
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8No change from prior year
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other or change in accounting method Part XII line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7List of other expenses Part IX line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Part XI response or note to any line in Part XI
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0129247
IRS990/TotalAssetsEOYAmt0115927
IRS990/TotalAssetsGrp/BOYAmt0129247
IRS990/TotalAssetsGrp/EOYAmt0115927
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0436566
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0654124
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01542
IRS990/TotalFunctionalExpensesGrp/TotalAmt0655666
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0275621
IRS990/TotalLiabilitiesEOYAmt0442987
IRS990/TotalLiabilitiesGrp/BOYAmt0275621

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.00$0.02$1.29$1.32$0.02
2024Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.78$0.78$0.00
2023Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.34$0.39$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.12$0.44$0.33$0.47$0.66$0.18
2022Summary only. Only limited summary data is available for this year.$0.12$0.44$0.33$0.47$0.66$0.18
2021Summary only. Only limited summary data is available for this year.$0.13$0.28$0.15$0.38$0.57$0.20
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.18$0.13$0.05$1.92$1.73$0.18
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.42$0.13$2.06$2.17$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.26$0.28$0.03$2.13$2.24$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.15$0.09$2.31$2.31$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.24$0.16$0.08$2.41$2.43$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.39$0.29$0.10$2.37$2.35$0.02
2014Summary only. Only limited summary data is available for this year.$0.31$0.24$0.07$2.20$2.27$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.22$0.14$2.51
2012Summary only. Only limited summary data is available for this year.$0.82$0.20$0.62$2.59$2.36$0.22
2011Summary only. Only limited summary data is available for this year.$0.56$0.17$0.40$2.40$2.46$0.06