Civic Intelligence

California State University Fresno Alumni Association Incorporated

990 • Fiscal year 2014 • EIN 94-1085570

Jul 01, 2013 to Jun 30, 2014 • Filed on May 15, 2015

2625 East Matoian Way M/S Sh12493740-8000

(559) 278-2586

Siviq Scores

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

Liabilities / Assets

20th percentile

0.02x

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

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

29th percentile

0.08x

Higher debt load relative to revenue than 29% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

85th percentile

31%

Higher net margin than 85% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

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

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

86th percentile

24%

Faster asset growth than 86% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

16th percentile

-13%

Faster revenue growth than 16% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Assets

Up

$5,027,778

Up $984,941 (+24%) from 2013

Net Assets

Up

$4,937,685

Up $1,043,670 (+27%) from 2013

Liabilities

Down

$90,093

Down $58,729 (-39%) from 2013

Revenue

Down

$1,123,458

Down $160,854 (-13%) from 2013

Expenses

Down

$771,420

Down $269,410 (-26%) from 2013

Net Income

Up

$352,038

Up $108,556 (+45%) from 2013

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $3,280,862Liabilities 2010: $151,529Net Assets 2010: $3,129,3332010Assets 2011: $3,644,583Liabilities 2011: $112,986Net Assets 2011: $3,531,5972011Assets 2012: $3,798,582Liabilities 2012: $148,049Net Assets 2012: $3,650,5332012Assets 2013: $4,042,837Liabilities 2013: $148,822Net Assets 2013: $3,894,0152013Assets 2014: $5,027,778Liabilities 2014: $90,093Net Assets 2014: $4,937,6852014Assets 2015: $5,334,546Liabilities 2015: $40,632Net Assets 2015: $5,293,9142015Assets 2016: $5,549,835Liabilities 2016: $30,124Net Assets 2016: $5,519,7112016Assets 2017: $6,313,270Liabilities 2017: $23,227Net Assets 2017: $6,290,0432017Assets 2018: $6,754,823Liabilities 2018: $36,488Net Assets 2018: $6,718,3352018Assets 2019: $7,412,905Liabilities 2019: $60,710Net Assets 2019: $7,352,1952019Assets 2020: $7,334,718Liabilities 2020: $240,300Net Assets 2020: $7,094,4182020Assets 2021: $9,338,153Liabilities 2021: $242,374Net Assets 2021: $9,095,7792021Assets 2022: $8,697,962Liabilities 2022: $337,128Net Assets 2022: $8,360,8342022Assets 2023: $9,839,955Liabilities 2023: $321,167Net Assets 2023: $9,518,7882023Assets 2024: $10,781,334Liabilities 2024: $377,221Net Assets 2024: $10,404,1132024

Highlighted filing

2014

Assets$5,027,778
Liabilities$90,093
Net Assets$4,937,685

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $656,5352010Revenue 2011: $1,122,706Expenses 2011: $720,442Net Income 2011: $402,2642011Revenue 2012: $828,098Expenses 2012: $709,162Net Income 2012: $118,9362012Revenue 2013: $1,284,312Expenses 2013: $1,040,830Net Income 2013: $243,4822013Revenue 2014: $1,123,458Expenses 2014: $771,420Net Income 2014: $352,0382014Revenue 2015: $1,263,542Expenses 2015: $877,073Net Income 2015: $386,4692015Revenue 2016: $1,254,959Expenses 2016: $857,408Net Income 2016: $397,5512016Revenue 2017: $1,419,939Expenses 2017: $980,981Net Income 2017: $438,9582017Revenue 2018: $1,907,860Expenses 2018: $877,278Net Income 2018: $1,030,5822018Revenue 2019: $1,517,352Expenses 2019: $960,903Net Income 2019: $556,4492019Revenue 2020: $857,003Expenses 2020: $1,119,705Net Income 2020: -$262,7022020Revenue 2021: $956,719Expenses 2021: $576,966Net Income 2021: $379,7532021Revenue 2022: $2,181,237Expenses 2022: $702,934Net Income 2022: $1,478,3032022Revenue 2023: $1,821,710Expenses 2023: $1,071,673Net Income 2023: $750,0372023Revenue 2024: $991,916Expenses 2024: $934,639Net Income 2024: $57,2772024

Highlighted filing

2014

Revenue$1,123,458
Expenses$771,420
Net Income$352,038
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 15, 2015
Return Version
2013v4.0
Gross Receipts
$3,063,041
Mission and Program Overview

Mission

The Fresno State Alumni Association (FSAA) is dedicated to uniting and advancing the interests and traditions of Alumni and friends of Fresno State, and providing scholarship opportunities that attract and support highly motivated students to the university.

The fresno state alumni association is dedicated to uniting and advancing the interests and traditions of alumni and friends of california state university, fresno, and providing scholarship opportunities that attract and support highly motivated students to the university.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,075,113$3,669,502▲ $594,389
Cash and Non-Interest-Bearing Accounts$859,165$1,209,358▲ $350,193
Accounts Receivable$93,316$130,753▲ $37,437
Inventories for Sale or Use$13,324$10,725▼ $2,599
Prepaid Expenses and Deferred Charges$1,053$4,671▲ $3,618
Land, Buildings, and Equipment, Net$866$2,769▲ $1,903
Total Assets$4,042,837$5,027,778▲ $984,941
Liabilities
Deferred Revenue$7,426$73,353▲ $65,927
Accounts Payable and Accrued Expenses$140,135$13,598▼ $126,537
Other Liabilities$1,261$3,142▲ $1,881
Total Liabilities$148,822$90,093▼ $58,729
Net Assets / Fund Balance
Unrestricted Net Assets$2,747,497$3,614,546▲ $867,049
Permanently Rstr Net Assets$1,146,518$1,323,139▲ $176,621
Total Net Assets Fund Balance$3,894,015$4,937,685▲ $1,043,670
Total Liabilities and Net Assets / Fund Balance$4,042,837$5,027,778▲ $984,941

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,769$19,980$22,749

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$3,595,675$206,600▲ $894,833$45,000$4,497,586
2012$3,332,824$181,198▲ $275,771$83,047$3,595,675
2011$3,208,109$180,144▲ $146,062$106,643$3,332,824
2010$2,893,038$163,039▲ $332,546$85,011$3,208,109
2009$2,741,285$80,275▲ $149,058$21,608$2,893,038
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ford ClydePresident
Stirrup AdamPresident El
Bader RussellDirector
Broten DougDirector
Gomes JohnDirector
Greco AshleyDirector
Grigoryan AniDirector
Hansen BrentDirector
Hushek KathleenDirector
Khan RuthDirector
Kotman TimothyDirector
Leath AmandaDirector
Leathers ReginaDirector
Lowe MitziDirector
Moncayo JaimeDirector
Oviedo FrankDirector
Petrosino AntonioDirector
Small JulieDirector
Vuicich ValerieDirector
Yavanian DougDirector
Glasener JacquelynExec Directo
Fischer BradPast Preside
Castro JosephUniv Preside
Welty JohnUniv Preside
Domingos Jr BrianVP of Engage
Statham RusselVP of Financ
Pena RosendoVP of Recogn
Gomez DianaVP of Schola
Smits PeterVP Univ Adv
Revenue and Support

Revenue Composition

Contributions and Grants
$335,508
Program Service Revenue
$360,724
Investment Income
$332,974
Other Revenue
$94,252
All Other Contributions
$276,004
Change in Net Assets
$352,038
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$634,006
Grants and Similar Amounts Paid$96,188
Salaries, Compensation, and Employee Benefits$41,226
Total Fundraising Expense$12,843
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$96,188--$96,188
Office Expenses$27,165$14,380$12,843$54,388
Fees for Service Investment Mgmnt Fees$47,563--$47,563
All Other Expenses$41,494$3,423-$44,917
Other Salaries and Wages$6,624$26,496-$33,120
Conferences and Meetings$4,543$21,857-$26,400
Fees for Services Accounting-$25,680-$25,680
Other Expenses$20,436$2,271-$22,707
Insurance$15,786$3,947-$19,733
Royalties$18,000--$18,000
Information Technology$12,317$3,079-$15,396
Travel-$9,090-$9,090
Other Employee Benefits$1,621$6,485-$8,106
Advertising-$6,612-$6,612
Depreciation Depletion$1,006--$1,006
Fees for Services Legal-$860-$860
Total Functional Expenses$634,397$124,180$12,843$771,420
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sales Tax Payable$3,142
Alumni House Deposits-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7B

Depending on the circumstances, some decisions may be subject to the approval of the university.

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

The draft form 990 is provided to each board member prior to filing, either via email or other methods. Any questions or concerns are resolved by the board of directors prior to submission of the form 990 to the irs.

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

Annually each director, principal officer, key employee and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person 1) has received a copy of the conflicts of interest policy, 2) has read and understands the policy, 3) has agreed to comply with the policy, and 4) understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. The executive committee and the board of directors as a whole have been diligent about self-monitoring any conflict of interest as it arises and formally recording it in the minutes.

Form 990, Page 6, Part VI, Line 19

It is the policy of the csuf alumni association to provide the governing documents upon request.

Filing and Contact Details

Filer

EIN
94-1085570
Phone
5592782586

Signing Officer

Name
Jacquelyn Glasener
Title
Executive Director
Phone
5592782586
Signed
2015-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
1940
Legal Domicile
CA
Voting Board Members
25
Independent Board Members
22
Employees
0
Volunteers
250

Preparer

Preparer
Anthony J Andrade
Phone
5592262727
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The fresno state alumni association is dedicated to uniting and advancing the interests and traditions of alumni and friends of california state university, fresno, and providing scholarship opportunities that attract and support highly motivated students to the university.

Form 990, Page 1, Part I, Line 6

Volunteers are an invaluable asset to the fsaa. All of the board of directors of the organization are volunteers. Each of the chapters and clubs have volunteer boards as well. They host various events and activities in support of the alumni association and the university, utilizing additional volunteers. These volunteers are enthusiastic, energetic, experienced and provide countless hours of dedicated service.

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

Overall recipient as the distinguished alumnus/alumna. This black tie event is first class and shows the community our commitment to excellence. During this event we will also recognize the fresno state alumni association's scholarship winners. Grad fest-all students who are eligible to graduate are invited to grad fest. They are encouraged to support the alumni association and given discounts for on-campus purchases of cap and gowns, alumni merchandise, and off-campus benefits. Hopefully, this will keep them in touch with the alumni association after graduation, therefore keeping them informed of campus activities. The bulldog byte e-newsletter is sent throughout the year to members and non-members as a way to let people know what is happening on campus and in the community. Chapter and club events-the alumni association's chapters and clubs also sponsor many events throughout the year to foster alumni ties and to bring attention to the alumni association program. Events include, but are not limited to golf tournaments, wine tastings, tailgates, conferences and award functions.

Form 990, Part XI

Prior period adjustments: during the year ended 6-30-14 the organization determined that the funds of the chapters/clubs that were being governed by the organization should be classified as part of fund balance rather than as a liability. The effect of this change was to reclassify 129,593 reported on the 6-30-13 tax return from liabilities to fund balance.

Financial Statement Notes

Schedule D, Page 3, Part X

Generally accepted accounting principles provide accounting and disclosures guidance about positions taken by an entity in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination. The association's returns are subject to examination by federal and state taxing authorities, generally for three years and four years, respectively, after they are filed.

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IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25EXEC DIRECTO
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.8$0.38$10.4$0.99$0.93$0.06
2023Detailed filing. Detailed filing data is available for this year.$9.84$0.32$9.52$1.82$1.07$0.75
2022Detailed filing. Detailed filing data is available for this year.$8.70$0.34$8.36$2.18$0.70$1.48
2021Detailed filing. Detailed filing data is available for this year.$9.34$0.24$9.10$0.96$0.58$0.38
2020Detailed filing. Detailed filing data is available for this year.$7.33$0.24$7.09$0.86$1.12$0.26
2019Detailed filing. Detailed filing data is available for this year.$7.41$0.06$7.35$1.52$0.96$0.56
2018Detailed filing. Detailed filing data is available for this year.$6.75$0.04$6.72$1.91$0.88$1.03
2017Detailed filing. Detailed filing data is available for this year.$6.31$0.02$6.29$1.42$0.98$0.44
2016Detailed filing. Detailed filing data is available for this year.$5.55$0.03$5.52$1.25$0.86$0.40
2015Detailed filing. Detailed filing data is available for this year.$5.33$0.04$5.29$1.26$0.88$0.39
2014Detailed filing. Detailed filing data is available for this year.$5.03$0.09$4.94$1.12$0.77$0.35
2013Summary only. Only limited summary data is available for this year.$4.04$0.15$3.89$1.28$1.04$0.24
2012Summary only. Only limited summary data is available for this year.$3.80$0.15$3.65$0.83$0.71$0.12
2011Summary only. Only limited summary data is available for this year.$3.64$0.11$3.53$1.12$0.72$0.40
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.28$0.15$3.13$0.66