Civic Intelligence

Associated Students Inc California Polytechnic State Univ San Luis Obispo

990 • Fiscal year 2017 • EIN 95-2308831

Jul 01, 2016 to Jun 30, 2017 • Filed on May 01, 2018

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

67th percentile

0.42x

Higher debt load relative to assets than 67% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

43rd percentile

0.17x

Higher debt load relative to revenue than 43% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

60th percentile

5.9%

Higher net margin than 60% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

61st percentile

$209,538

Higher top officer pay than 61% of similar nonprofits.

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

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

29th percentile

-0.6%

Faster asset growth than 29% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

43rd percentile

2.6%

Faster revenue growth than 43% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Down

$6,889,170

Down $43,436 (-0.6%) from 2016

Net Assets

Up

$4,025,321

Up $984,534 (+32%) from 2016

Liabilities

Down

$2,863,849

Down $1,027,970 (-26%) from 2016

Revenue

Up

$16,573,495

Up $419,158 (+2.6%) from 2016

Expenses

Down

$15,588,961

Down $496,934 (-3.1%) from 2016

Net Income

Up

$984,534

Up $916,092 (+1338%) from 2016

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

2017

Assets$6,889,170
Liabilities$2,863,849
Net Assets$4,025,321

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

2017

Revenue$16,573,495
Expenses$15,588,961
Net Income$984,534
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 1, 2018
Return Version
2016v3.0
Gross Receipts
$16,573,495
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$1,008,543$1,223,579▲ $215,036
Cash and Non-Interest-Bearing Accounts$155,925$215,745▲ $59,820
Accounts Receivable$163,799$141,829▼ $21,970
Inventories for Sale or Use$57,949$52,586▼ $5,363
Prepaid Expenses and Deferred Charges$154,536$33,715▼ $120,821
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$6,932,606$6,889,170▼ $43,436
Other Assets Total$5,391,854$5,221,716▼ $170,138
Liabilities
Other Liabilities$3,231,267$2,165,126▼ $1,066,141
Accounts Payable and Accrued Expenses$383,975$397,868▲ $13,893
Deferred Revenue$276,577$300,855▲ $24,278
Total Liabilities$3,891,819$2,863,849▼ $1,027,970
Net Assets / Fund Balance
Unrestricted Net Assets$3,040,787$4,025,321▲ $984,534
Total Net Assets Fund Balance$3,040,787$4,025,321▲ $984,534
Total Liabilities and Net Assets / Fund Balance$6,932,606$6,889,170▼ $43,436

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$651,299$2,692,699$3,343,998
Equipment$459,343$1,618,540$2,077,883
Other Land Buildings$112,937-$112,937
Other Assets Org$30,625--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Marcy MaloneyExecutive DirectorFT$172,220$37,318$209,538
Dwayne BrummettAssoc Exec DirectorFT$144,875$38,682$183,557
Tonya IversenDir, Children PgmsFT$107,903$29,040$136,943
Ron SkamferDir,FacilitiesMgmtFT$100,867$20,148$121,015

Board Members and Trustees

NameTitle
Riley NilsenChairman
Jana ColombiniPresident
Alice ReadDirector
Chase DeanDirector
Connor RudolphDirector
Cyrus EbadatDirector
Danielle HepperleDirector
Gianna CiaccioDirector
Haley WarnerDirector
Hannah PoplackDirector
Hayley FordDirector
Jason MarksDirector
Jenna Rose LeeDirector
Jocelyn LuDirector
John D'AmbrosioDirector
John GriffinDirector
Josh LedgerwoodDirector
Jun BangDirector
Kevin ScottDirector
Lauren MolyneauxDirector
Lexie BonestrooDirector
Matthew PirtleDirector
Paul PoncianoDirector
Rita ElfarissiDirector
Roman WaskiewiczDirector
Tony LopesDirector
Tyler LeeDirector
Warren FoxDirector
Kaelan SoboutiSec/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$554,002
Program Service Revenue
$15,609,806
Investment Income
$42,409
Other Revenue
$367,278
All Other Contributions
$369,523
Change in Net Assets
$984,534

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,573,495
Total Revenue per Audited Statements
$16,573,495
Total Revenue per Form 990
$16,573,495
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,468,771
Other Expenses$7,023,512
Grants and Similar Amounts Paid$96,678
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,048,048--$6,048,048
All Other Expenses$978,846$317,493-$1,296,339
Other Employee Benefits$866,937--$866,937
Pension Plan Contributions$677,994--$677,994
Other Expenses$633,769--$633,769
Payroll Taxes$486,168--$486,168
Current Officers, Directors, Trustees, and Key Employees$389,624--$389,624
Depreciation Depletion$195,856$1,426-$197,282
Insurance$145,066--$145,066
Office Expenses$127,277--$127,277
Travel$122,970--$122,970
Grants to Domestic Orgs$96,678--$96,678
Fees for Services Other$94,820--$94,820
Fees for Services Accounting$33,724--$33,724
Fees for Services Legal$30,073--$30,073
Advertising$23,090--$23,090
Conferences and Meetings$6,078--$6,078
Total Functional Expenses$15,270,042$318,919$0$15,588,961

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$15,588,961
Total Expenses per Audited Statements$15,588,961
Total Expenses per Form 990$15,588,961
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
CA Poly St Univ San Luis ObiSan Luis Obispo, CA-Support campus programs$96,678
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$1,353,831
Accrued Payroll and Related Liabilities$482,513
Related Party Payable$272,826
Post-retirement Benefit Payable$55,956
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 4.3.5, 7.4.2.10, 7.4.3.11, and 7.4.4.7 removing duty of training and professional development responsibilities from Recruitment and Development and moving to officer team. Change name to Recruitment and Elections Committee.2. Amended section 4.3.5.2.2 to eliminate bias by voting members who are also campaign workers.3. Amended sections 4.4.2 and 4.4.3 to restructure composition of board to create proportional representation based on student population in colleges.

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
Dwayne Brummett
Title
Assoc Exec Director
Signed
2018-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marcy Maloney
Formed
1964
Legal Domicile
CA
Voting Board Members
26
Independent Board Members
26
Employees
909
Volunteers
134

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, 2017, 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, 2016, 2015, and 2014, are subject to examination by the IRS, generally for 3 years after they were filed.

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IRS990/Form990PartVIISectionAGrp/PersonNm0Riley Nilsen
IRS990/Form990PartVIISectionAGrp/PersonNm1Jana Colombini
IRS990/Form990PartVIISectionAGrp/PersonNm2Kaelan Sobouti
IRS990/Form990PartVIISectionAGrp/PersonNm3Jun Bang
IRS990/Form990PartVIISectionAGrp/PersonNm4Gianna Ciaccio
IRS990/Form990PartVIISectionAGrp/PersonNm5Lexie Bonestroo
IRS990/Form990PartVIISectionAGrp/PersonNm6Chase Dean
IRS990/Form990PartVIISectionAGrp/PersonNm7Cyrus Ebadat
IRS990/Form990PartVIISectionAGrp/PersonNm8Rita Elfarissi
IRS990/Form990PartVIISectionAGrp/PersonNm9Hayley Ford
IRS990/Form990PartVIISectionAGrp/PersonNm10Warren Fox
IRS990/Form990PartVIISectionAGrp/PersonNm11John D'Ambrosio
IRS990/Form990PartVIISectionAGrp/PersonNm12John Griffin
IRS990/Form990PartVIISectionAGrp/PersonNm13Josh Ledgerwood
IRS990/Form990PartVIISectionAGrp/PersonNm14Danielle Hepperle
IRS990/Form990PartVIISectionAGrp/PersonNm15Jenna Rose Lee
IRS990/Form990PartVIISectionAGrp/PersonNm16Jason Marks
IRS990/Form990PartVIISectionAGrp/PersonNm17Tyler Lee
IRS990/Form990PartVIISectionAGrp/PersonNm18Paul Ponciano
IRS990/Form990PartVIISectionAGrp/PersonNm19Tony Lopes
IRS990/Form990PartVIISectionAGrp/PersonNm20Jocelyn Lu
IRS990/Form990PartVIISectionAGrp/PersonNm21Haley Warner
IRS990/Form990PartVIISectionAGrp/PersonNm22Lauren Molyneaux
IRS990/Form990PartVIISectionAGrp/PersonNm23Matthew Pirtle
IRS990/Form990PartVIISectionAGrp/PersonNm24Hannah Poplack
IRS990/Form990PartVIISectionAGrp/PersonNm25Kevin Scott
IRS990/Form990PartVIISectionAGrp/PersonNm26Alice Read
IRS990/Form990PartVIISectionAGrp/PersonNm27Connor Rudolph
IRS990/Form990PartVIISectionAGrp/PersonNm28Roman Waskiewicz
IRS990/Form990PartVIISectionAGrp/PersonNm29Marcy Maloney
IRS990/Form990PartVIISectionAGrp/PersonNm30Dwayne Brummett
IRS990/Form990PartVIISectionAGrp/PersonNm31Tonya Iversen
IRS990/Form990PartVIISectionAGrp/PersonNm32Ron 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/TitleTxt28Director
IRS990/Form990PartVIISectionAGrp/TitleTxt29Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt30Assoc Exec Dir
IRS990/Form990PartVIISectionAGrp/TitleTxt31Dir, Children Pgms
IRS990/Form990PartVIISectionAGrp/TitleTxt32Dir,FacilitiesMgmt
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IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00

Document Assets

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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
2017Detailed filing. Detailed filing data is available for this year.$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