Civic Intelligence

Aaun Endowment Fund Inc

EIN 88-0296894 • 501(c)3 • Reno, NV

Profile

To provide scholarships and grants to student athletes at the university of nevada, reno.

1664 N Virginia St Mail Stop 162Reno, NV 89557
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

9th percentile

0.00x

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

501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

10th percentile

0.00x

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

501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

2nd percentile

-140%

Higher net margin than 2% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

43rd percentile

2.5%

Faster asset growth than 43% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

7th percentile

-40%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Up

$10,048,444

Up $1,047,060 (+12%) from 2023

Liabilities

Up

$1,252

Up $1,252 from 2023

Net Assets

Up

$10,047,192

Up $1,045,808 (+12%) from 2023

Revenue

Up

$660,549

Up $319,183 (+94%) from 2023

Expenses

Down

$432,602

Down $385,677 (-47%) from 2023

Net Income

Up

$227,947

Up $704,860 (+148%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2011: $5,375,833Liabilities 2011: $10,947Net Assets 2011: $5,364,8862011Assets 2012: $5,683,664Liabilities 2012: $0Net Assets 2012: $5,683,6642012Assets 2013: $6,489,525Liabilities 2013: $252,650Net Assets 2013: $6,236,8752013Assets 2014: $7,348,337Liabilities 2014: $280,038Net Assets 2014: $7,068,2992014Assets 2016: $6,973,538Liabilities 2016: $341,007Net Assets 2016: $6,632,5312016Assets 2017: $7,559,744Liabilities 2017: $318,288Net Assets 2017: $7,241,4562017Assets 2018: $8,188,195Liabilities 2018: $374,811Net Assets 2018: $7,813,3842018Assets 2019: $8,369,076Liabilities 2019: $112,000Net Assets 2019: $8,257,0762019Assets 2020: $8,253,964Liabilities 2020: $107,856Net Assets 2020: $8,146,1082020Assets 2021: $9,963,032Liabilities 2021: $2,197Net Assets 2021: $9,960,8352021Assets 2022: $8,783,497Liabilities 2022: $841Net Assets 2022: $8,782,6562022Assets 2023: $9,001,384Liabilities 2023: $0Net Assets 2023: $9,001,3842023Assets 2024: $10,048,444Liabilities 2024: $1,252Net Assets 2024: $10,047,1922024

Highlighted filing

2024

Assets$10,048,444
Liabilities$1,252
Net Assets$10,047,192

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $108,306Expenses 2011: $11,998Net Income 2011: $96,3082011Revenue 2012: $607,769Expenses 2012: $242,843Net Income 2012: $364,9262012Revenue 2013: $113,823Expenses 2013: $264,610Net Income 2013: -$150,7872013Revenue 2014: $349,086Expenses 2014: $277,388Net Income 2014: $71,6982014Revenue 2016: $232,306Expenses 2016: $353,666Net Income 2016: -$121,3602016Revenue 2017: $312,283Expenses 2017: $345,221Net Income 2017: -$32,9382017Revenue 2018: $509,964Expenses 2018: $371,314Net Income 2018: $138,6502018Revenue 2019: $684,526Expenses 2019: $286,152Net Income 2019: $398,3742019Revenue 2020: $123,518Expenses 2020: $336,017Net Income 2020: -$212,4992020Revenue 2021: $455,933Expenses 2021: $349,911Net Income 2021: $106,0222021Revenue 2022: $572,782Expenses 2022: $58,503Net Income 2022: $514,2792022Revenue 2023: $341,366Expenses 2023: $818,279Net Income 2023: -$476,9132023Revenue 2024: $660,549Expenses 2024: $432,602Net Income 2024: $227,9472024

Highlighted filing

2024

Revenue$660,549
Expenses$432,602
Net Income$227,947

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 8, 2024
Return Version
2023v6.0
Gross Receipts
$826,670
Mission and Program Overview

Mission

To provide scholarships and grants to students athletes at the university of nevada, reno.

To provide scholarships and grants to student athletes at the university of nevada reno

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$8,932,692$9,965,644▲ $1,032,952
Accounts Receivable$43,772$43,737▼ $35
Other Notes and Loans Receivable, Net-$39,063-
Total Assets$9,001,384$10,048,444▲ $1,047,060
Other Assets Total$24,920--
Liabilities
Accounts Payable and Accrued Expenses-$1,252-
Total Liabilities$0$1,252▲ $1,252
Net Assets / Fund Balance
Net Assets With Donor Restrictions$8,100,161$9,051,309▲ $951,148
Net Assets Without Donor Restrictions$901,223$995,883▲ $94,660
Total Net Assets Fund Balance$9,001,384$10,047,192▲ $1,045,808
Total Liabilities and Net Assets / Fund Balance$9,001,384$10,048,444▲ $1,047,060

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$9,001,384$119,721▲ $1,358,689-$10,047,192
2022$8,782,656$94,355▲ $942,652-$9,001,384
2021$9,960,835$104,670▼ $1,224,346-$8,782,656
2020$8,146,107$119,808▲ $2,044,830-$9,960,835
2019$8,257,076$42,000▲ $183,048-$8,146,107
Compensation and Service Providers

Employees

NameTitleOtherTotal
Brian SandovalUnr Presiden$638,918$638,918
Victor ReddingVP Administr$301,217$301,217

Board Members and Trustees

NameTitle
Joe BradleyPresident
Brian SandovalUnr President
Stephanie RempeAthletic Director
Rick ReviglioSecretary
Chris AraminiTreasurer
Victor ReddingVP Administration
Revenue and Support

Revenue Composition

Contributions and Grants
$119,721
Program Service Revenue
$0
Investment Income
$540,828
Other Revenue
$0
All Other Contributions
$68,872
Change in Net Assets
$227,947
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$410,468
Other Expenses$22,134
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$410,468--$410,468
Fees for Services Accounting-$14,125-$14,125
Other Expenses-$7,991-$7,991
Fees for Services Legal-$18-$18
Total Functional Expenses$410,468$22,134$0$432,602
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of Nevada RenoReno, NV501c3Scholarships$313,617
University of Nevada RenoReno, NV501(c)Univeristy Programs$96,851
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
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI

Line 2: due to the size of the board and the members in the community its members are required to file conflict of interest reports annually. Line 6: the members are the non-compensated directors.

Form 990, Page 6, Part VI, Line 2

SEE ATTACHED

Form 990, Page 6, Part VI, Line 6

Organization is organized as a non-stock corporation. The only members are the non-compsenated trustees / directors.

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

Annually, the organization will review the form 990 with the finance committee. Copies will be available for all committee members.

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

The officers, directors, trustees and key employees complete the conflict policy annually.

Form 990, Page 6, Part VI, Line 19

The organizations has open meetings and the governing documents, conflict of interest policies and financial statements can be obtained in an foia request.

Form 990, Part VII

Compensation paid by the related organization is for a full 12 month period ending within the tax year.

Filing and Contact Details

Filer

Filer Name
Aaun Endowment Fund Inc
EIN
88-0296894
Phone
7757841587
Address
1664 N VIRGINIA ST MAIL STOP 162, RENO, NV 89557
Doing Business As
Roger Bergmann Athletics Endowment

Signing Officer

Name
Joe Bradley
Title
President
Phone
7757841587
Signed
2024-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joe Bradley
Formed
1992
Legal Domicile
Nv
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
24

Preparer

Firm
Charles Morrison
Address
PO BOX 3457, RENO, NV 89505
Preparer
Charles a Morrison
Phone
7753246800
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt042000
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOLARSHIPS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1UNIVERISTY PROGRAMS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0UNIVERSITY OF NEVADA RENO
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1UNIVERSITY OF NEVADA RENO
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1MAIL STOP 123
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE UNIVERSITY OF NEVADA, RENO MAINTAINS RECORDS TO SUBSTANTIATE THE AMOUNT OF THE GRANTS OR ASSISTANCE, THE GRANTEES' ELIGIBILITY FOR THE GRANTS OR ASSISTANCE, AND THE SELECTION CRITERIA USED TO AWARD THE GRANTS OR ASSISTANCE. THE AAUN ENDOWMENT FUND, INC., TRANSFERS THE FUNDS TO THE UNIVERSITY OF NEVADA, RENO TO SUPPLEMENT AND SUPPORT STUDENT ATHLETES ATTENDING THE UNIVERSITY. THE EXPENDITURE OF FUNDS ARE DONE IN COMPLIANCE WITH THE IRS REGULATIONS, STATE OF NEVADA LAWS AND THE NEVADA SYSTEM OF HIGHER EDUCATION RULES AND REGULATIONS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1STEPHANIE REMPE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2VICTOR REDDING
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0UNR PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1ATHLETIC DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2VP ADMINISTRATION
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 2: DUE TO THE SIZE OF THE BOARD AND THE MEMBERS IN THE COMMUNITY ITS MEMBERS ARE REQUIRED TO FILE CONFLICT OF INTEREST REPORTS ANNUALLY. LINE 6: THE MEMBERS ARE THE NON-COMPENSATED DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SEE ATTACHED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION IS ORGANIZED AS A NON-STOCK CORPORATION. THE ONLY MEMBERS ARE THE NON-COMPSENATED TRUSTEES / DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUALLY, THE ORGANIZATION WILL REVIEW THE FORM 990 WITH THE FINANCE COMMITTEE. COPIES WILL BE AVAILABLE FOR ALL COMMITTEE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES COMPLETE THE CONFLICT POLICY ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATIONS HAS OPEN MEETINGS AND THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS CAN BE OBTAINED IN AN FOIA REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COMPENSATION PAID BY THE RELATED ORGANIZATION IS FOR A FULL 12 MONTH PERIOD ENDING WITHIN THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VII
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1ATHLETIC ASSOCIATION UNIVERSITY OF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2UNIVERSITY OF NEVADA RENO FOUNDATIO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3NEVADA SYSTEM OF HIGHER EDUCATION
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HIGHER EDU
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1ATHLETIC P
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2SUPPORT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3HIGHER EDU
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt32601 ENTERPRISE RD
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IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt150848
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0NO VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0UNIVERSITY OF NEVADA RENO
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1NEVADA SYSTEM OF HIGHER EDUCATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2ATHLETIC ASSOCIATION UNIVERSITY OF
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt3UNIVERSITY OF NEVADA RENO FOUNDATIO
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