Civic Intelligence

Lowell Alumni Association

990 • Fiscal year 2016 • EIN 94-6125408

Jul 01, 2015 to Jun 30, 2016 • Filed on May 15, 2017

PO Box 320009San Francisco, CA 94132

(415) 759-7830

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

14th percentile

0.00x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

66th percentile

8.6%

Higher net margin than 66% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

58th percentile

$79,311

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 8.4% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

53rd percentile

2.0%

Faster asset growth than 53% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

98th percentile

367%

Faster revenue growth than 98% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$4,033,080

Up $80,881 (+2.0%) from 2015

Net Assets

Up

$4,033,080

Up $80,881 (+2.0%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$945,648

Up $743,137 (+367%) from 2015

Expenses

Up

$864,767

Up $604,465 (+232%) from 2015

Net Income

Up

$80,881

Up $138,672 (+240%) from 2015

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $2,639,048Liabilities 2010: $0Net Assets 2010: $2,639,0482010Assets 2011: $2,932,633Liabilities 2011: $0Net Assets 2011: $2,932,6332011Assets 2012: $3,002,344Liabilities 2012: $0Net Assets 2012: $3,002,3442012Assets 2013: $3,250,086Liabilities 2013: $0Net Assets 2013: $3,250,0862013Assets 2014: $4,018,669Liabilities 2014: $0Net Assets 2014: $4,018,6692014Assets 2015: $3,952,199Liabilities 2015: $0Net Assets 2015: $3,952,1992015Assets 2016: $4,033,080Liabilities 2016: $0Net Assets 2016: $4,033,0802016Assets 2017: $4,167,385Liabilities 2017: $0Net Assets 2017: $4,167,3852017Assets 2018: $5,461,156Liabilities 2018: $5,213Net Assets 2018: $5,455,9432018Assets 2019: $6,345,976Liabilities 2019: $27,961Net Assets 2019: $6,318,0152019Assets 2020: $6,850,687Liabilities 2020: $10,173Net Assets 2020: $6,840,5142020Assets 2021: $7,870,953Liabilities 2021: $40,323Net Assets 2021: $7,830,6302021Assets 2022: $6,494,922Liabilities 2022: $273,193Net Assets 2022: $6,221,7292022Assets 2023: $7,557,691Liabilities 2023: $251,463Net Assets 2023: $7,306,2282023Assets 2024: $8,443,639Liabilities 2024: $332,457Net Assets 2024: $8,111,1822024

Highlighted filing

2016

Assets$4,033,080
Liabilities$0
Net Assets$4,033,080

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $689,8582010Revenue 2011: $645,634Expenses 2011: $385,714Net Income 2011: $259,9202011Revenue 2012: $762,579Expenses 2012: $692,868Net Income 2012: $69,7112012Revenue 2013: $799,685Expenses 2013: $551,943Net Income 2013: $247,7422013Revenue 2014: $1,535,953Expenses 2014: $730,872Net Income 2014: $805,0812014Revenue 2015: $202,511Expenses 2015: $260,302Net Income 2015: -$57,7912015Revenue 2016: $945,648Expenses 2016: $864,767Net Income 2016: $80,8812016Revenue 2017: $787,971Expenses 2017: $653,666Net Income 2017: $134,3052017Revenue 2018: $1,999,502Expenses 2018: $707,985Net Income 2018: $1,291,5172018Revenue 2019: $1,667,882Expenses 2019: $805,810Net Income 2019: $862,0722019Revenue 2020: $865,201Expenses 2020: $1,243,041Net Income 2020: -$377,8402020Revenue 2021: $786,955Expenses 2021: $720,488Net Income 2021: $66,4672021Revenue 2022: $1,098,988Expenses 2022: $1,514,230Net Income 2022: -$415,2422022Revenue 2023: $1,372,481Expenses 2023: $703,839Net Income 2023: $668,6422023Revenue 2024: $1,860,627Expenses 2024: $924,206Net Income 2024: $936,4212024

Highlighted filing

2016

Revenue$945,648
Expenses$864,767
Net Income$80,881
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 15, 2017
Return Version
2015v3.0
Gross Receipts
$961,457
Mission and Program Overview

Mission

The Lowell Alumni Association maintains and enhances relationships that serve and support our alumni, students, school and the Lowell community

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,628,207$3,833,002▲ $204,795
Cash and Non-Interest-Bearing Accounts$274,124$100,258▼ $173,866
Savings and Temporary Cash Investments$49,868$99,820▲ $49,952
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$3,952,199$4,033,080▲ $80,881
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Permanently Rstr Net Assets$2,605,459$2,673,961▲ $68,502
Unrestricted Net Assets$858,210$855,040▼ $3,170
Temporarily Rstr Net Assets$488,530$504,079▲ $15,549
Total Net Assets Fund Balance$3,952,199$4,033,080▲ $80,881
Total Liabilities and Net Assets / Fund Balance$3,952,199$4,033,080▲ $80,881

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$2,502,531$56,634▲ $163,799-$2,672,711
2014$2,498,374$125,783▲ $28,110-$2,502,531
2013$2,412,570$45,033▲ $163,480-$2,498,374
2012$2,101,261$32,900▲ $168,719$905$2,412,570
2011$2,017,006$127,161▲ $59,859$846$2,101,261
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Terence AbadExecutive DirectorPT$79,311$79,311
Georgette PetropoulosDirector-$5,000$5,000

Board Members and Trustees

NameTitle
Lisa Coughlin ClayPresident
Mike UgawaVice President
Andrew IshibashiDirector
Angelina ClayDirector
Bill BlackDirector
Bob LeeDirector
Bruce SpiegelmanDirector
Cathryn BrashDirector
Claudia Wolf EshooDirector
Dan GenolioDirector
Emil DeandreisDirector
Georgene KromydasDirector
Geraldine Rosen-parkDirector
Helen Louie WaxDirector
Irving ZaretskyDirector
Jack AndersonDirector
James RosenthalDirector
John TrasvinaDirector
Joseph EhrmanDirector
Julia YeDirector
King LipDirector
Landon DickeyDirector
Larry MillerDirector
Mark BudakDirector
Mark SteinerDirector
Paul TamDirector
Rita YeeDirector
Roberta BleiweissDirector
Scott LeeDirector
Vera Au PoonDirector
Wendy Drefke ShinboriDirector
Anita PaytonSecretary
Leon BlumTreasurer
Jeffrey KwongVP, Planning
Revenue and Support

Revenue Composition

Contributions and Grants
$628,914
Program Service Revenue
$89,428
Investment Income
$210,946
Other Revenue
$16,360
All Other Contributions
$624,183
Change in Net Assets
$80,881
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$630,238
Other Expenses$154,232
Salaries, Compensation, and Employee Benefits$80,297
Total Fundraising Expense$57,535
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$490,919--$490,919
Grants to Domestic Individuals$139,319--$139,319
Current Officers, Directors, Trustees, and Key Employees$24,045$37,091$18,545$79,681
Office Expenses-$7,299-$7,299
Fees for Services Accounting-$7,010-$7,010
Fees for Services Management-$2,138-$2,138
Insurance-$2,031-$2,031
Other Expenses$33,113$876$38,990$876
All Other Expenses$676--$676
Other Salaries and Wages-$616-$616
Total Functional Expenses$750,171$57,061$57,535$864,767
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Lowell High SchoolSan Francisco, CA-Various Educational Grants$490,919
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$26,300
Fundraising Direct Expenses$10,894
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Back Jack$21,295$21,295$6,481$14,814
Pizza Run$9,736$5,005$4,413$592
Total Events$31,031$26,300$10,894$15,406
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

President Lisa Coughlin Clay is the mother of Director Angelina Clay. Directors Bruce Spiegelman and Irving Zaretsky are first cousins. Director Bob Lee is the father of Director Scott Lee.

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

The organization has members which are alumni of Lowell High School.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

Pursuant to the Lowell Alumni Associations bylaws, there is an annual meeting open to the organizations entire membership (comprising all persons who have ever attended Lowell High School) at which ten members of the board of directors are to be elected to full three-year terms. (the board is authorized to include a total of 32 directors, 30 of which are elected by the membership to staggered three-year terms plus the immediate past president plus a representative of our Southern California Alumni Club, which is not separately organized/incorporated.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

Other than the election of directors, the only other action that requires a vote of the membership, pursuant to the bylaws, is an amendment to the bylaws regarding the authorized number of directors. The Board of Directors is explicitly authorized by the bylaws to carry out all other operations of the organization.

Form 990, Part VI, Line 10B: Explanation of No Written Policies and Procedures for Chapters, Branche

Local chapters abide by the same policies and procedures as Lowell Alumni Association.

Form 990, Part VI, Line 11B: Form 990 Review Process

The federal Form 990 is reviewed by the LAA Finance Committee, chaired by the Associations Treasurer.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The association provides its governing documents, as well as conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Lowell Alumni Association
EIN
94-6125408
Phone
4157597830
Address
PO Box 320009, San Francisco, CA 94132

Signing Officer

Name
John Trasvina
Title
President
Signed
2017-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Trasvina
Formed
1981
Legal Domicile
CA
Voting Board Members
31
Independent Board Members
31
Employees
0
Volunteers
100

Preparer

Firm
Iryna Ac
Address
1000 Broadway 200-G, Oakland, CA 94607
Preparer
Iryna Oreshkova CPA
Phone
5104679506
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Grants Program (Expenses $70,042) We are proud to continue our long-standing grants program where, twice each year, we solicit requests from Lowell faculty, staff and coaches. Our Grant Committee then evaluates the requests and does its best to fund those projects that will provide the greatest possible benefit to todays Lowell students. Major grants funded during fiscal year 2015-16 include support for the Lowell Robotics team ($10,597) and Speech/Debate team ($9,500); travel costs for a national student journalism convention ($9,157); support for the Lowell Advanced Placement exam program ($9,263); purchase of computers for the architecture classroom ($5,359); participation in the California Poets in the Schools program ($5,000); equipment for the Lowell library ($3,850); and support for the Lowell Baseball team ($2,410) and Lowell JROTC ($2,171). OTHER PROGRAM SERVICES 5: Alumni Programs/Services (Expenses $43,920) The Lowell Alumni Association provides a free semi-annual alumni newsletter than is mailed to more than 35,000 alumni, former faculty and other friends of Lowell High School ($38,613). We also support regular class reunions ($3,397) and alumni participation in the schools annual commencement exercises ($1,909). OTHER PROGRAM SERVICES 6: Educational Technology ($40,000) As part of a long-standing partnership with the Lowell High School Technology Committee (comprised of faculty, students, staff, parents and alumni), the Lowell Alumni Association provided almost $40,000 in fiscal year 2015-16 for the purchase of technology equipment and licenses deployed throughout the campus to serve all of todays Lowell students.

Form 990, Part X, Lines 27, 28 and 29, Column A

Beginning balances of unrestricted, temporarily restricted and permanently restricted assets were adjusted to accurately reflect funds allocation.

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

The associations endowment funds are intended for scholarships, grants and gifts to lowell high school.

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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/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt16President
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
IRS990/Form990PartVIISectionAGrp/TitleTxt21Director
IRS990/Form990PartVIISectionAGrp/TitleTxt22Director
IRS990/Form990PartVIISectionAGrp/TitleTxt23Director
IRS990/Form990PartVIISectionAGrp/TitleTxt24Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt26Director
IRS990/Form990PartVIISectionAGrp/TitleTxt27Director
IRS990/Form990PartVIISectionAGrp/TitleTxt28Director
IRS990/Form990PartVIISectionAGrp/TitleTxt29Director
IRS990/Form990PartVIISectionAGrp/TitleTxt30Director
IRS990/Form990PartVIISectionAGrp/TitleTxt31VP, Planning
IRS990/Form990PartVIISectionAGrp/TitleTxt32Director
IRS990/Form990PartVIISectionAGrp/TitleTxt33Director
IRS990/Form990PartVIISectionAGrp/TitleTxt34Director
IRS990/Form990PartVIISectionAGrp/TitleTxt35Executive Dir.
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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.$8.44$0.33$8.11$1.86$0.92$0.94
2023Detailed filing. Detailed filing data is available for this year.$7.56$0.25$7.31$1.37$0.70$0.67
2022Detailed filing. Detailed filing data is available for this year.$6.49$0.27$6.22$1.10$1.51$0.42
2021Detailed filing. Detailed filing data is available for this year.$7.87$0.04$7.83$0.79$0.72$0.07
2020Detailed filing. Detailed filing data is available for this year.$6.85$0.01$6.84$0.87$1.24$0.38
2019Detailed filing. Detailed filing data is available for this year.$6.35$0.03$6.32$1.67$0.81$0.86
2018Detailed filing. Detailed filing data is available for this year.$5.46$0.01$5.46$2.00$0.71$1.29
2017Detailed filing. Detailed filing data is available for this year.$4.17$0.00$4.17$0.79$0.65$0.13
2016Detailed filing. Detailed filing data is available for this year.$4.03$0.00$4.03$0.95$0.86$0.08
2015Summary only. Only limited summary data is available for this year.$3.95$0.00$3.95$0.20$0.26$0.06
2014Detailed filing. Detailed filing data is available for this year.$4.02$0.00$4.02$1.54$0.73$0.81
2013Detailed filing. Detailed filing data is available for this year.$3.25$0.00$3.25$0.80$0.55$0.25
2012Summary only. Only limited summary data is available for this year.$3.00$0.00$3.00$0.76$0.69$0.07
2011Summary only. Only limited summary data is available for this year.$2.93$0.00$2.93$0.65$0.39$0.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.64$0.00$2.64$0.69