Civic Intelligence

Associated Students Inc California Polytechnic State Univ San Luis Obispo

990 • Fiscal year 2016 • EIN 95-2308831

Jul 01, 2015 to Jun 30, 2016 • Filed on May 09, 2017

1 Grand Avenue Bldg 65San Luis Obispo, CA 93407

(805) 756-1281

Siviq Scores

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

Liabilities / Assets

75th percentile

0.56x

Higher debt load relative to assets than 75% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

49th percentile

0.24x

Higher debt load relative to revenue than 49% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

40th percentile

0.4%

Higher net margin than 40% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

62nd percentile

$212,342

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

84th percentile

18%

Faster asset growth than 84% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

71st percentile

12%

Faster revenue growth than 71% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$6,932,606

Up $1,080,272 (+18%) from 2015

Net Assets

Up

$3,040,787

Up $68,442 (+2.3%) from 2015

Liabilities

Up

$3,891,819

Up $1,011,830 (+35%) from 2015

Revenue

Up

$16,154,337

Up $1,691,294 (+12%) from 2015

Expenses

Up

$16,085,895

Up $1,191,665 (+8.0%) from 2015

Net Income

Up

$68,442

Up $499,629 (+116%) from 2015

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $8,080,502Liabilities 2011: $5,879,046Net Assets 2011: $2,201,4562011Assets 2012: $8,778,790Liabilities 2012: $6,657,800Net Assets 2012: $2,120,9902012Assets 2013: $9,094,988Liabilities 2013: $7,285,659Net Assets 2013: $1,809,3292013Assets 2014: $6,141,666Liabilities 2014: $2,738,134Net Assets 2014: $3,403,5322014Assets 2015: $5,852,334Liabilities 2015: $2,879,989Net Assets 2015: $2,972,3452015Assets 2016: $6,932,606Liabilities 2016: $3,891,819Net Assets 2016: $3,040,7872016Assets 2017: $6,889,170Liabilities 2017: $2,863,849Net Assets 2017: $4,025,3212017Assets 2018: $7,144,993Liabilities 2018: $3,860,744Net Assets 2018: $3,284,2492018Assets 2019: $8,145,042Liabilities 2019: $4,353,120Net Assets 2019: $3,791,9222019Assets 2020: $9,619,925Liabilities 2020: $5,998,055Net Assets 2020: $3,621,8702020Assets 2021: $10,259,487Liabilities 2021: $3,642,504Net Assets 2021: $6,616,9832021Assets 2022: $11,685,936Liabilities 2022: $5,677,146Net Assets 2022: $6,008,7902022Assets 2023: $12,679,200Liabilities 2023: $5,163,177Net Assets 2023: $7,516,0232023Assets 2024: $12,072,411Liabilities 2024: $3,916,739Net Assets 2024: $8,155,6722024

Highlighted filing

2016

Assets$6,932,606
Liabilities$3,891,819
Net Assets$3,040,787

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2011: $11,239,047Expenses 2011: $11,534,094Net Income 2011: -$295,0472011Expenses 2012: $12,802,5972012Expenses 2013: $14,157,5142013Revenue 2014: $18,433,803Expenses 2014: $16,839,600Net Income 2014: $1,594,2032014Revenue 2015: $14,463,043Expenses 2015: $14,894,230Net Income 2015: -$431,1872015Revenue 2016: $16,154,337Expenses 2016: $16,085,895Net Income 2016: $68,4422016Revenue 2017: $16,573,495Expenses 2017: $15,588,961Net Income 2017: $984,5342017Revenue 2018: $18,022,594Expenses 2018: $18,763,666Net Income 2018: -$741,0722018Revenue 2019: $19,175,634Expenses 2019: $18,667,961Net Income 2019: $507,6732019Revenue 2020: $18,995,380Expenses 2020: $19,165,432Net Income 2020: -$170,0522020Revenue 2021: $17,470,672Expenses 2021: $14,475,559Net Income 2021: $2,995,1132021Revenue 2022: $19,727,613Expenses 2022: $20,335,806Net Income 2022: -$608,1932022Revenue 2023: $21,649,371Expenses 2023: $20,142,138Net Income 2023: $1,507,2332023Revenue 2024: $22,852,019Expenses 2024: $22,212,370Net Income 2024: $639,6492024

Highlighted filing

2016

Revenue$16,154,337
Expenses$16,085,895
Net Income$68,442
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 9, 2017
Return Version
2015v3.0
Gross Receipts
$16,154,337
Mission and Program Overview

Mission

To conduct and sponsor the activities for the convenience of the students, faculty and staff and as a part of the education program of the California Polytechnic State University. To provide extra-curricular activities for the convenience of the students, faculty and staff, as a part of the education program of the University.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,018,674$1,008,543▼ $10,131
Accounts Receivable$230,647$163,799▼ $66,848
Cash and Non-Interest-Bearing Accounts$105,897$155,925▲ $50,028
Prepaid Expenses and Deferred Charges$222,604$154,536▼ $68,068
Inventories for Sale or Use$62,749$57,949▼ $4,800
Savings and Temporary Cash Investments-$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-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$5,852,334$6,932,606▲ $1,080,272
Other Assets Total$4,211,763$5,391,854▲ $1,180,091
Liabilities
Other Liabilities$2,381,433$3,231,267▲ $849,834
Accounts Payable and Accrued Expenses$281,205$383,975▲ $102,770
Deferred Revenue$217,351$276,577▲ $59,226
Total Liabilities$2,879,989$3,891,819▲ $1,011,830
Net Assets / Fund Balance
Unrestricted Net Assets$2,972,345$3,040,787▲ $68,442
Total Net Assets Fund Balance$2,972,345$3,040,787▲ $68,442
Total Liabilities and Net Assets / Fund Balance$5,852,334$6,932,606▲ $1,080,272

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$606,814$2,598,216$3,205,030
Equipment$312,052$1,584,693$1,896,745
Other Land Buildings$89,677-$89,677
Other Assets Org$34,993--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Marcy MaloneyExecutive DirectorFT$171,155$41,187$212,342
Dwayne BrummettAssoc Exec DirectorFT$143,570$41,124$184,694
Tonya IversenDir, Children PgmsFT$110,876$31,047$141,923
Ron SkamferDir,FacilitiesMgmtFT$101,542$22,754$124,296

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$538,170
Program Service Revenue
$15,201,303
Investment Income
$30,814
Other Revenue
$384,050
All Other Contributions
$366,728
Change in Net Assets
$68,442

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,154,337
Total Revenue per Audited Statements
$16,154,337
Total Revenue per Form 990
$16,154,337
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,343,885
Other Expenses$6,649,298
Grants and Similar Amounts Paid$92,712
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,785,571--$5,785,571
Other Employee Benefits$2,078,233--$2,078,233
All Other Expenses$1,070,463$308,420-$1,378,883
Pension Plan Contributions$638,426--$638,426
Other Expenses$554,681--$554,681
Payroll Taxes$457,913--$457,913
Current Officers, Directors, Trustees, and Key Employees$383,742--$383,742
Depreciation Depletion$154,880$1,426-$156,306
Insurance$151,076--$151,076
Office Expenses$130,043--$130,043
Travel$111,301--$111,301
Grants to Domestic Orgs$92,712--$92,712
Fees for Services Other$36,244--$36,244
Advertising$33,576--$33,576
Fees for Services Accounting$32,843--$32,843
Fees for Services Legal$13,406--$13,406
Total Functional Expenses$15,776,049$309,846$0$16,085,895

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$16,085,895
Total Expenses per Audited Statements$16,085,895
Total Expenses per Form 990$16,085,895
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
CA Poly St Univ San Luis ObiSan Luis Obispo, CA-Support campus programs$92,712
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Held for Others$1,338,426
Post-retirement Benefit Payable$1,090,880
Accrued Payroll and Related Liabilities$492,160
Related Party Payable$308,009
Contract Advances$1,792
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
Yes
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents

1. Amended sections 3.4.1, 3.8, 4.6.2, and 7.3.11 to make language consistent between Bylaws and Elections Code.2. Amended sections 4.3, 5.3.4.2, and 5.13 to incorporate language for compliance with the Romero Act into the Bylaws.3. Amended sections 7.4.2.7, 7.4.2.1, and 7.4.2.1.1 to clarify the roles and appointments of the Executive Cabinet and Executive Staff.4. Amended section 4.3.1 to define the role of the Advocacy Committee.

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

Members are limited to individuals regularly admitted and enrolled as matriculating students at the University.

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

Internal review committee will meet and review the document and share with the Board of Directors.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

All transactions involving any board member, officer or key employee are reviewed and individuals are notified of any real or perceived conflict.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

15a & 15b - The Board of Directors review and approve.

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

Documents are available on-line at the organization's web site and for physical inspection at corporate offices.

Filing and Contact Details

Filer

Filer Name
Associated Students Inc California
EIN
95-2308831
Phone
8057561281
Address
1 Grand Avenue Bldg 65, San Luis Obispo, CA 93407

Signing Officer

Name
Marcy Maloney
Title
Executive Director
Signed
2017-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marcy Maloney
Formed
1964
Legal Domicile
CA
Voting Board Members
25
Independent Board Members
25
Employees
895
Volunteers
119

Preparer

Firm
Vasin Heyn & Company
Address
5000 N Parkway Calabasas 201, Calabasas, CA 91302
Preparer
Rolland Vasin
Phone
8182223500
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Associated Students, Inc. is exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code and California income taxes under section 23701(d) of the California Revenue and Taxation Code. The IRS classified the organization as one that is not a private foundation within the meaning of section 509(a) of the Code because it is an organization described in section(s) 509(a)(1) and 170(b)(1)(A)(vi).The Associated Students, Inc. has adopted Financial Accounting Standards Board Accounting Standards Codification (ASC) Section 740-10, which clarifies the accounting for uncertainty in income taxes. ASC Section 740-10 prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC Section 740-10 requires that an organization recognize in the financial statements the impact of the tax position if that position will more likely than not be sustained on audit, based on the technical merits of the position. As of and for the year ended June 30, 2016, the Associated Students, Inc. had no material unrecognized tax benefits, tax penalties or interest.The Associated Students, Inc.s Forms 990, Return of Organization Exempt from Income Tax, for each of the tax years ended June 30, 2015, 2014, and 2013, are subject to examination by the IRS, generally for 3 years after they were filed.

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IRS990/Form990PartVIISectionAGrp/PersonNm1Owen Schwaegerle
IRS990/Form990PartVIISectionAGrp/PersonNm2Sevelyn Van Ronk
IRS990/Form990PartVIISectionAGrp/PersonNm3Annalee Akin
IRS990/Form990PartVIISectionAGrp/PersonNm4Madison Albiani
IRS990/Form990PartVIISectionAGrp/PersonNm5Kenton Assadi
IRS990/Form990PartVIISectionAGrp/PersonNm6Lexie Bonestroo
IRS990/Form990PartVIISectionAGrp/PersonNm7Seth Borges
IRS990/Form990PartVIISectionAGrp/PersonNm8Kyle Boland
IRS990/Form990PartVIISectionAGrp/PersonNm9Sam Canino
IRS990/Form990PartVIISectionAGrp/PersonNm10Jana Colombini
IRS990/Form990PartVIISectionAGrp/PersonNm11Daniela Czerny
IRS990/Form990PartVIISectionAGrp/PersonNm12John D'Ambrosio
IRS990/Form990PartVIISectionAGrp/PersonNm13Eric Djanie
IRS990/Form990PartVIISectionAGrp/PersonNm14Ryan Durante
IRS990/Form990PartVIISectionAGrp/PersonNm15Danielle Hepperle
IRS990/Form990PartVIISectionAGrp/PersonNm16Christopher Lopez
IRS990/Form990PartVIISectionAGrp/PersonNm17Jason Marks
IRS990/Form990PartVIISectionAGrp/PersonNm18Annette Ortega
IRS990/Form990PartVIISectionAGrp/PersonNm19Paul Ponciano
IRS990/Form990PartVIISectionAGrp/PersonNm20Pascal Purro
IRS990/Form990PartVIISectionAGrp/PersonNm21Sarah Zerga
IRS990/Form990PartVIISectionAGrp/PersonNm22Justin Rajah
IRS990/Form990PartVIISectionAGrp/PersonNm23Matt Sauer
IRS990/Form990PartVIISectionAGrp/PersonNm24Thomas Sawyer
IRS990/Form990PartVIISectionAGrp/PersonNm25Kevin Scott
IRS990/Form990PartVIISectionAGrp/PersonNm26Cody Shields
IRS990/Form990PartVIISectionAGrp/PersonNm27Mallory St George
IRS990/Form990PartVIISectionAGrp/PersonNm28Marcy Maloney
IRS990/Form990PartVIISectionAGrp/PersonNm29Dwayne Brummett
IRS990/Form990PartVIISectionAGrp/PersonNm30Tonya Iversen
IRS990/Form990PartVIISectionAGrp/PersonNm31Ron Skamfer
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Sec/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
IRS990/Form990PartVIISectionAGrp/TitleTxt21Director
IRS990/Form990PartVIISectionAGrp/TitleTxt22Director
IRS990/Form990PartVIISectionAGrp/TitleTxt23Director
IRS990/Form990PartVIISectionAGrp/TitleTxt24Director
IRS990/Form990PartVIISectionAGrp/TitleTxt25Director
IRS990/Form990PartVIISectionAGrp/TitleTxt26Director
IRS990/Form990PartVIISectionAGrp/TitleTxt27Director
IRS990/Form990PartVIISectionAGrp/TitleTxt28Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt29Assoc Exec Dir
IRS990/Form990PartVIISectionAGrp/TitleTxt30Dir, Children Pgms
IRS990/Form990PartVIISectionAGrp/TitleTxt31Dir,FacilitiesMgmt
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IRS990/Form990TFiledInd0true
IRS990/FormationYr01964
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IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
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IRS990/FundraisingActivitiesInd0false
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.1$3.92$8.16$22.9$22.2$0.64
2023Summary only. Only limited summary data is available for this year.$12.7$5.16$7.52$21.6$20.1$1.51
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.7$5.68$6.01$19.7$20.3$0.61
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.3$3.64$6.62$17.5$14.5$3.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.62$6.00$3.62$19.0$19.2$0.17
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.15$4.35$3.79$19.2$18.7$0.51
2018Summary only. Only limited summary data is available for this year.$7.14$3.86$3.28$18.0$18.8$0.74
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.89$2.86$4.03$16.6$15.6$0.98
2016Detailed filing. Detailed filing data is available for this year.$6.93$3.89$3.04$16.2$16.1$0.07
2015Detailed filing. Detailed filing data is available for this year.$5.85$2.88$2.97$14.5$14.9$0.43
2014Detailed filing. Detailed filing data is available for this year.$6.14$2.74$3.40$18.4$16.8$1.59
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.09$7.29$1.81$14.2
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.78$6.66$2.12$12.8
2011Summary only. Only limited summary data is available for this year.$8.08$5.88$2.20$11.2$11.5$0.30