Civic Intelligence

Portland State University Alumni Assoc

990 • Fiscal year 2018 • EIN 93-1309774

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 08, 2018

PO Box 1326Portland, OR 97207

(503) 725-5072

Siviq Scores

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

Liabilities / Assets

39th percentile

0.04x

Higher debt load relative to assets than 39% of similar nonprofits.

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

Liabilities / Revenue

73rd percentile

0.35x

Higher debt load relative to revenue than 73% of similar nonprofits.

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

Net Margin

9th percentile

-35%

Higher net margin than 9% of similar nonprofits.

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

Top Officer Pay

84th percentile

$153,520

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 82.0% of source-year revenue.

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

Asset Growth

58th percentile

3.4%

Faster asset growth than 58% of similar nonprofits.

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

Revenue Growth

6th percentile

-47%

Faster revenue growth than 6% of similar nonprofits.

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

Assets

Up

$1,725,127

Up $57,050 (+3.4%) from 2017

Net Assets

Down

$1,658,822

Down $3,731 (-0.2%) from 2017

Liabilities

Up

$66,305

Up $60,781 (+1100%) from 2017

Revenue

Down

$187,226

Down $163,578 (-47%) from 2017

Expenses

Up

$253,612

Up $15,413 (+6.5%) from 2017

Net Income

Down

-$66,386

Down $178,991 (-159%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,767,165Liabilities 2011: $57,211Net Assets 2011: $1,709,9542011Assets 2012: $1,657,353Liabilities 2012: $3,709Net Assets 2012: $1,653,6442012Assets 2013: $1,728,701Liabilities 2013: $16,108Net Assets 2013: $1,712,5932013Assets 2014: $1,847,391Liabilities 2014: $7,495Net Assets 2014: $1,839,8962014Assets 2015: $1,762,207Liabilities 2015: $10,225Net Assets 2015: $1,751,9822015Assets 2016: $1,616,654Liabilities 2016: $5,795Net Assets 2016: $1,610,8592016Assets 2017: $1,668,077Liabilities 2017: $5,524Net Assets 2017: $1,662,5532017Assets 2018: $1,725,127Liabilities 2018: $66,305Net Assets 2018: $1,658,8222018Assets 2019: $1,684,736Liabilities 2019: $18,787Net Assets 2019: $1,665,9492019Assets 2020: $1,528,128Liabilities 2020: $459Net Assets 2020: $1,527,6692020Assets 2021: $2,277,803Liabilities 2021: $1,414Net Assets 2021: $2,276,3892021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2018

Assets$1,725,127
Liabilities$66,305
Net Assets$1,658,822

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2011: $163,227Expenses 2011: $180,384Net Income 2011: -$17,1572011Expenses 2012: $123,6602012Expenses 2013: $237,4832013Revenue 2014: $145,879Expenses 2014: $245,197Net Income 2014: -$99,3182014Revenue 2015: $157,744Expenses 2015: $254,671Net Income 2015: -$96,9272015Revenue 2016: $274,041Expenses 2016: $251,346Net Income 2016: $22,6952016Revenue 2017: $350,804Expenses 2017: $238,199Net Income 2017: $112,6052017Revenue 2018: $187,226Expenses 2018: $253,612Net Income 2018: -$66,3862018Revenue 2019: $202,627Expenses 2019: $236,668Net Income 2019: -$34,0412019Revenue 2020: $135,490Expenses 2020: $189,422Net Income 2020: -$53,9322020Revenue 2021: $436,468Expenses 2021: $89,381Net Income 2021: $347,0872021Revenue 2022: $742,849Expenses 2022: $1,998,940Net Income 2022: -$1,256,0912022

Highlighted filing

2018

Revenue$187,226
Expenses$253,612
Net Income-$66,386
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 8, 2018
Return Version
2017v2.3
Gross Receipts
$242,895
Mission and Program Overview

Mission

To support the university, alumni and students. To engage our alumni and their family and friends to inspire support for the university.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,482,186$1,551,670▲ $69,484
Savings and Temporary Cash Investments$128,933$93,035▼ $35,898
Cash and Non-Interest-Bearing Accounts$30,360$64,415▲ $34,055
Land, Buildings, and Equipment, Net$10,647$8,746▼ $1,901
Prepaid Expenses and Deferred Charges$6,745$5,868▼ $877
Accounts Receivable$9,206$1,393▼ $7,813
Total Assets$1,668,077$1,725,127▲ $57,050
Liabilities
Deferred Revenue-$56,973-
Accounts Payable and Accrued Expenses$5,524$9,332▲ $3,808
Total Liabilities$5,524$66,305▲ $60,781
Net Assets / Fund Balance
Unrestricted Net Assets$1,662,553$1,658,822▼ $3,731
Total Net Assets Fund Balance$1,662,553$1,658,822▼ $3,731
Total Liabilities and Net Assets / Fund Balance$1,668,077$1,725,127▲ $57,050

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$8,746$63,392$72,138
Equipment-$310$310
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Sylvian Tom BullExec. DirectFT$153,520$153,520

Board Members and Trustees

NameTitle
Greg MeyerPresident
Amanda LambDirector
Connor KavanaughDirector
Dan AdamsDirector
David AudleyDirector
Joel MortonDirector
Lori Heino-royerDirector
Lori HenselDirector
Matthew JohnsonDirector
Sean ZimmermanDirector
Theresa BellDirector
Trudy ToliverDirector
Vera SellDirector
Sylvian Tom BullExec. Director
Al FitzpatrickEmeritus
Angela WykoffEmeritus
Bill LemmanEmeritus
Kirk SidleyTreasurer
Eric BrownVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$10,987
Program Service Revenue
$95,705
Investment Income
$74,484
Other Revenue
$6,050
All Other Contributions
$10,987
Change in Net Assets
$-66,386
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$238,112
Grants and Similar Amounts Paid$15,500
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$19,943$2,135-$22,078
Other Expenses$26,628$16,338-$16,338
Office Expenses$8,951$4,679-$13,630
Travel$10,993--$10,993
Grants to Domestic Orgs$10,500--$10,500
Advertising$9,623--$9,623
Insurance-$9,416-$9,416
Fees for Services Accounting-$9,182-$9,182
Grants to Domestic Individuals$5,000--$5,000
Fees for Services Lobbying$4,751--$4,751
Depreciation Depletion$1,703$198-$1,901
Fees for Services Other$137$365-$502
Conferences and Meetings-$152-$152
Total Functional Expenses$199,825$53,787$0$253,612
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Psu FoundationPortland, OR-Library Project$10,500
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
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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, Page 6, Part VI, Line 11B

The documents are reviewed by the psu alumni association board's finance and executive committees, the association bookkeeper, executive staff. The executive committee is the board's leadership team comprised of officers and committee chairs. Documents are available to all other members of the board for their review and input. Any corrections to the draft documents are made through the accounting firm and revised documents are re- distributed to the aforementioned and reviewed. If no further changes are necessary, a motion is made within the executive committee to accept the documents and a vote is taken. Once approved, the final documents and a notice of approval are sent via email to the full board; hard copies are available upon request.

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

The conflict of interest (and confidential reporting policy) are written d ocuments given to each board member and related employees annually and als o contained in the board books. Annually, each board member is asked to s ign and date a document acknowledging they have read and understand the do cuments and they will disclose any potential conflict of interest. These

Form 990, Page 6, Part VI, Line 19

Related documents are available upon request. Hard copies can be emailed faxed or mailed.

Filing and Contact Details

Filer

Filer Name
Portland State University Alumni as
EIN
93-1309774
Phone
5037255072
Address
PO BOX 1326, PORTLAND, OR 97207

Signing Officer

Name
Kirk Sidley
Title
Treasurer
Phone
5037255072
Signed
2018-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Greg Meyer
Formed
2000
Legal Domicile
Or
Voting Board Members
18
Independent Board Members
18
Employees
0
Volunteers
101

Preparer

Firm
Bgo Cpas
Address
1500 NE IRVING ST STE 440, PORTLAND, OR 97232-4208
Preparer
Ronald D Harmening
Phone
5032331133
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Portland state university.

Form 990, Page 2, Part III, Line 4D

Portland state university alumni association includes our community of over 180,000 psu graduates. The scope and purpose of our work extends world- wide to alumni and honorary alumni, current and former students, current and former parents, and friends of the university. The purpose of the alumni association is to create and enhance opportunities for alumni engagement in support of portland state university and promote the benefits of the reciprocal relationship between alumni, students, families and friends of the university. We do this collaboratively with the psu foundation, and in partnership with the president's office, government relations and university communications, student affairs and the schools and colleges to engender a culture of philanthropy and engagement at portland state university.

Financial Statement Notes

Schedule D, Page 3, Part X

The association could be subject to income tax on unrelated business income. The association's federal and state information returns are subject to possible examination by the taxing authorities until the expiration of the related statutes of limitations on those information returns. In general, the federal and state information returns have a three year statute of limitations. Should that status be challenged in the future, the association's 2016, 2015 and 2014 tax years are open for examination by the internal revenue service. The association would recognize accrued interest and penalties associated with uncertain tax provisions, if any, as part of the income tax provision.

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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt14PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt16EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18EXEC. DIRECT
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0PORTLAND STATE UNIVERSITY ALUMNI ASSOCIATION INCLUDES OUR COMMUNITY OF OVER 180,000 PSU GRADUATES. THE SCOPE AND PURPOSE OF OUR WORK EXTENDS WORLD- WIDE TO ALUMNI AND HONORARY ALUMNI, CURRENT AND FORMER STUDENTS, CURRENT AND FORMER PARENTS, AND FRIENDS OF THE UNIVERSITY. THE PURPOSE OF THE ALUMNI ASSOCIATION IS TO CREATE AND ENHANCE OPPORTUNITIES FOR ALUMNI ENGAGEMENT IN SUPPORT OF PORTLAND STATE UNIVERSITY AND PROMOTE THE BENEFITS OF THE RECIPROCAL RELATIONSHIP BETWEEN ALUMNI, STUDENTS, FAMILIES AND FRIENDS OF THE UNIVERSITY. WE DO THIS COLLABORATIVELY WITH THE PSU FOUNDATION, AND IN PARTNERSHIP WITH THE PRESIDENT'S OFFICE, GOVERNMENT RELATIONS AND UNIVERSITY COMMUNICATIONS, STUDENT AFFAIRS AND THE SCHOOLS AND COLLEGES TO ENGENDER A CULTURE OF PHILANTHROPY AND ENGAGEMENT AT PORTLAND STATE UNIVERSITY.
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