Civic Intelligence

Associated Students of Stanford University

EIN 94-1279777 • 501(c)3 • Stanford, CA

View Organization Page

Profile

To provide various services to the students, to the university campus community and provide an educational experience for the students it employs. The organization works to represent the interests, needs and perspectives of stanford students at every level of decision making within the university. The organization advocates on behalf of stanford students on issues such as cost of living, diversity, student life and student activities space. Each year the assu strives to innovative new projects and create new services that will improve the quality of student life offered at stanford. It also hold funds on behalf of student groups and provides administrative, banking and accounting services over the funds for student groups. These groups in turn provide the majority of cultural, political, recreational and religious programming for the entire campus.

520 Lasuen Mall Old Union 103Stanford, CA 94305

assu.stanford.edu

Siviq Scores

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

Liabilities / Assets

64th percentile

0.37x

Higher debt load relative to assets than 64% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

93rd percentile

4.13x

Higher debt load relative to revenue than 93% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

83rd percentile

33%

Higher net margin than 83% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

13th percentile

$106,088

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

76th percentile

14%

Faster asset growth than 76% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

76th percentile

26%

Faster revenue growth than 76% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets64th percentile

Assets

Up

$30,206,644

Up $2,255,382 (+8.1%) from 2022

Liabilities

Down

$12,832,224

Down $694,720 (-5.1%) from 2022

Net Assets

Up

$17,374,420

Up $2,950,102 (+20%) from 2022

Operations
Liabilities / Revenue93rd percentileNet Margin83rd percentile

Revenue

Down

$2,476,266

Down $1,981,912 (-44%) from 2022

Expenses

Up

$2,021,540

Up $471,428 (+30%) from 2022

Net Income

Down

$454,726

Down $2,453,340 (-84%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth76th percentile

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

$40M$30M$20M$10M$0Assets 2010: $14,474,691Liabilities 2010: $7,623,521Net Assets 2010: $6,851,1702010Assets 2011: $16,393,723Liabilities 2011: $8,322,362Net Assets 2011: $8,071,3612011Assets 2012: $16,496,960Liabilities 2012: $9,174,267Net Assets 2012: $7,322,6932012Assets 2013: $17,459,061Liabilities 2013: $9,815,172Net Assets 2013: $7,643,8892013Assets 2014: $18,576,549Liabilities 2014: $9,916,675Net Assets 2014: $8,659,8742014Assets 2015: $18,609,821Liabilities 2015: $10,354,369Net Assets 2015: $8,255,4522015Assets 2016: $19,319,865Liabilities 2016: $11,547,653Net Assets 2016: $7,772,2122016Assets 2017: $22,306,919Liabilities 2017: $12,600,985Net Assets 2017: $9,705,9342017Assets 2018: $24,380,787Liabilities 2018: $12,977,000Net Assets 2018: $11,403,7872018Assets 2019: $27,183,344Liabilities 2019: $14,682,684Net Assets 2019: $12,500,6602019Assets 2020: $26,289,091Liabilities 2020: $13,234,129Net Assets 2020: $13,054,9622020Assets 2021: $33,015,113Liabilities 2021: $13,362,521Net Assets 2021: $19,652,5922021Assets 2022: $27,951,262Liabilities 2022: $13,526,944Net Assets 2022: $14,424,3182022Assets 2023: $30,206,644Liabilities 2023: $12,832,224Net Assets 2023: $17,374,4202023

Highlighted filing

2023

Assets$30,206,644
Liabilities$12,832,224
Net Assets$17,374,420
Open 2023 Filing

Operations Trend

Revenue Growth76th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,981,7892010Expenses 2011: $1,668,5762011Expenses 2012: $2,081,9812012Expenses 2013: $1,550,7582013Revenue 2014: $920,419Expenses 2014: $1,105,404Net Income 2014: -$184,9852014Revenue 2015: $1,078,076Expenses 2015: $947,273Net Income 2015: $130,8032015Revenue 2016: $712,544Expenses 2016: $994,393Net Income 2016: -$281,8492016Revenue 2017: $1,780,534Expenses 2017: $1,449,408Net Income 2017: $331,1262017Revenue 2018: $2,207,959Expenses 2018: $1,640,150Net Income 2018: $567,8092018Revenue 2019: $1,909,830Expenses 2019: $1,502,228Net Income 2019: $407,6022019Revenue 2020: $2,103,498Expenses 2020: $1,700,104Net Income 2020: $403,3942020Revenue 2021: $6,452,024Expenses 2021: $1,362,521Net Income 2021: $5,089,5032021Revenue 2022: $4,458,178Expenses 2022: $1,550,112Net Income 2022: $2,908,0662022Revenue 2023: $2,476,266Expenses 2023: $2,021,540Net Income 2023: $454,7262023

Highlighted filing

2023

Revenue$2,476,266
Expenses$2,021,540
Net Income$454,726
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$30,206,644
Liabilities
$12,832,224
Net assets
$17,374,420
Revenue
$2,476,266
Expenses
$2,021,540
Net income
$454,726
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$30.2$12.8$17.4$2.48$2.02$0.45
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.0$13.5$14.4$4.46$1.55$2.91
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.0$13.4$19.7$6.45$1.36$5.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.3$13.2$13.1$2.10$1.70$0.40
2019Summary only. Only limited summary data is available for this year.$27.2$14.7$12.5$1.91$1.50$0.41
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.4$13.0$11.4$2.21$1.64$0.57
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.3$12.6$9.71$1.78$1.45$0.33
2016Detailed filing. Detailed filing data is available for this year.$19.3$11.5$7.77$0.71$0.99$0.28
2015Detailed filing. Detailed filing data is available for this year.$18.6$10.4$8.26$1.08$0.95$0.13
2014Detailed filing. Detailed filing data is available for this year.$18.6$9.92$8.66$0.92$1.11$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.5$9.82$7.64$1.55
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.5$9.17$7.32$2.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.4$8.32$8.07$1.67
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.5$7.62$6.85$1.98
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2016 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Dec 8, 2016
Return Version
2015v3.0
Gross Receipts
$1,055,629
Mission and Program Overview

Mission

To provide various services to the students, to the university campus community and provide an educational experience for the students it employs. The organization works to represent the interests, needs and perspectives of stanford students at every level of decision making within the university. The organization advocates on behalf of stanford students on issues such as cost of living, diversity, student life and student activities space. Each year the assu strives to innovative new projects and create new services that will improve the quality of student life offered at stanford. It also hold funds on behalf of student groups and provides administrative, banking and accounting services over the funds for student groups. These groups in turn provide the majority of cultural, political, recreational and religious programming for the entire campus.

To provide various services to the students, to the university campus community and provide an educational experience for the students it employs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$16,834,356$16,910,684▲ $76,328
Cash and Non-Interest-Bearing Accounts$1,142,599$1,950,459▲ $807,860
Land, Buildings, and Equipment, Net$266,180$269,131▲ $2,951
Inventories for Sale or Use$234,715$111,416▼ $123,299
Accounts Receivable$108,380$58,742▼ $49,638
Other Notes and Loans Receivable, Net$17,266$15,926▼ $1,340
Prepaid Expenses and Deferred Charges$6,325$3,507▼ $2,818
Savings and Temporary Cash Investments$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$18,609,821$19,319,865▲ $710,044
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$9,964,471$11,046,456▲ $1,081,985
Accounts Payable and Accrued Expenses$389,898$501,197▲ $111,299
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$10,354,369$11,547,653▲ $1,193,284
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,255,452$7,772,212▼ $483,240
Total Liabilities and Net Assets / Fund Balance$18,609,821$19,319,865▲ $710,044

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$178,422$71,086$249,508
Equipment$37,318$189,322$226,640
Other Land Buildings$53,391$39,026$92,417
Compensation and Service Providers
Top Officer Pay13th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Fredrick Groce Term Mar 16CEOFT$113,125$10,870$123,995

Board Members and Trustees

NameTitle
Gabriel Rodriguez Term May 16Director, Gsc Co-chair
Pau Giunart LopezDirector, Gsc Co-chair
Rujia Jiang Term May 16Director, Gsc Co-chair
Terence ThiesenDirector, Gsc Co-chair
John-lancaster Finley Term May 16Director, President
Jackson BeardPresident
Amanda EdelmanDirector, Vice President
Brandon Hill Term May 16Director, Vice President
Sina Javidan-nejad Term May 16Director
Jelani MunroeDirector, Financial Manager
Mylan GreyDIRECTOR, Undergrad Deputy Ch
Mehraan Keval Term May 16Director, Undergrad Deputy CHR
Shanta KatipamulaDirector, Undergrad Senate CHR
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$323,943
Investment Income
$323,376
Other Revenue
$65,225
Change in Net Assets
$-281,849

Audited Revenue Reconciliation

Revenue per Audited Statements
$967,764
Revenue Not Reported on Financial Statements
$-255,220
Revenue Not Reported on Form 990
$-156,991
Other Revenue Adjustments
$-255,220
Total Revenue per Audited Statements
$810,773
Total Revenue per Form 990
$712,544
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$939,705
Other Expenses$54,688
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$202,905$508,408$0$711,313
Current Officers, Directors, Trustees, and Key Employees-$128,369$0$128,369
Office Expenses-$106,975$0$106,975
Other Employee Benefits$1,402$98,621$0$100,023
Fees for Services Other-$91,387-$91,387
Depreciation Depletion$28,576$17,956$0$46,532
Fees for Services Accounting-$32,200$0$32,200
Insurance-$29,270$0$29,270
Other Expenses$11,417$-816,263-$11,417
All Other Expenses-$3,457-$3,457
Total Functional Expenses$534,729$459,664$0$994,393

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,294,013
Expenses per Audited Statements$994,393
Total Expenses per Form 990$994,393
Expenses Not Reported on Form 990$299,620
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Student Funds$10,998,652
CA Escheat Liability$32,054
Deferred Revenue$15,750
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Line 19

“Governing documents, conflict of interest policy and financial statements are available upon request.”

Form 990, Part VI, Line 15B

“COMPENSATION REVIEW & APPROVAL PROCESS FOR OFFICERS & KEY EMPLOYEES The compensation for the CEO/Financial manager is set by the nomination and compensation committee with approval by the Associated Students of Stanford University's elective bodies.”

Form 990, Part VI, Line 12C

“Explanation of Monitoring and Enforcement of Conflicts: Any member is allowed to bring up any conflicts of interest, whether it be their own or others, that would impact the voting and decisions to be made. Those with a conflict of interest abstain from voting. The policy is monitored and enforced by the chair of the legislative bodies.”

Form 990, Part VI, Line 11B

“FORM 990 REVIEW PROCESS Form 990 is reviewed annually prior to filing by an officer of the management company engaged by the taxpayer to manage the operations of the taxpayer. The return is then signed by a member of the taxpayer's governing body.”

Form 990, Part VI, Line 7B

“Describe Decisions of Governing Body Approval by Members or Shareholders: The decisions of the governing body are not approved by members; however, the decisions can be reversed.”

Form 990, Part VI, Line 7A

“How Members or Shareholders Elect Governing Body: Members of the Association may attend meetings of the governing body and openly express opinions and decisions. Additionally, the President of the ASSU holds an executive veto power that can halt the enacting of any legislation voted through by the governing body.”

Filing and Contact Details

Filer

Filer Name
Associated Students of Stanford University
EIN
94-1279777
In Care Of
% SUSAN BENTON
Phone
6507251459
Address
520 LASUEN MALL OLD UNION 103, STANFORD, CA 94305

Signing Officer

Name
Jackson Beard
Title
President
Phone
6507251459
Signed
2016-12-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jackson Beard
Formed
1954
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
216

Preparer

Firm
Seiler Llp
Address
THREE LAGOON DR STE 400, REDWOOD CITY, CA 94065
Preparer
Debra K Mccall
Phone
6503654646
Supplemental Narrative

Financial Statement Notes

Part XI, Line 4B

“OTHER REVENUE AMOUNTS INCLUDED IN FINANCIAL STATMENTS BUT NOT INCLUDED ON FORM 990: Cost of goods sold reported in Form 990, Part VIII, line 10b ($255,220)”

Part XII, Line 2D

“Other Changes in Net Assets or Fund Balances: Cost of goods sold reported in Form 990, Part VIII line 10b ($255,220)”

Part X, Line 2

“U.s gaap requires the organziation to evaluate tax positions taken by the organization and recognize a tax liability if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by the applicable tax authroity. The organization has reviewed its tax position for all open tax years and believes that it has appropriate support for the tax positions taken. Therefore, no liability has been recorded.”

Raw XML AppendixShowing 400 of 590 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm7MEHRAAN KEVAL TERM MAY 16
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IRS990/Form990PartVIISectionAGrp/PersonNm10JOHN-LANCASTER FINLEY TERM MAY 16
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IRS990/Form990PartVIISectionAGrp/PersonNm12SINA JAVIDAN-NEJAD TERM MAY 16
IRS990/Form990PartVIISectionAGrp/PersonNm13FREDRICK GROCE TERM MAR 16
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR, GSC CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR, GSC CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR, GSC CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR, GSC CO-CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR, Undergrad Deputy Ch
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IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR, PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR, VICE PRESIDENT
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