Alumni Association of the University of North Dakota

Nonprofit profile at a glance

EIN
450363216
IRS 990 coverage
2010–2014
Forms available
Form 990 2014
Location
Grand Forks, ND, USA
Phone
7017772611
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Alumni Associations

Official website

Reported finances

Revenue
$229,401
Expenses
$229,401
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

30 people listed

Executive titles in this filing

  • DEANNA CARLSON ZINK (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • DEANNA CARLSON ZINK (CHIEF EXECUTIVE OFFICER): $193,921 total reported compensation
  • LAURA BLOCK (CHIEF FINANCIAL OFFICER): $143,792 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The alumni association was formed in 1889. Its mission of work includes:1.retaining and strengthening friendships made on the campus by keeping graduates and former students in lifelong contact with each other. 2.keeping graduates and former students informed of happenings at the university of North Dakota. 3.involving the graduates, former students and special friends in the ongoing growth and development of the university of North Dakota.the alumni association of the university of North Dakota aspires to promote a sense of pride, excitement and loyalty for its university by adapting to the ever-changing needs, attitudes and interests of und alumni and friends.

What it reported doing in 2014

Alumni review: program accomplishments include a strong, consistent readership rate(roughly 80%) as determined in periodic alumni surveys. Additionally, reader feedback is strong and positive, collected via email, phone and letter in response to specific articles, inquiries for submissions, photographs, etc. The objective of the magazine is to fulfill the organization's mission of connecting alumni to each other, engaging them in campus happenings and educating them on how to help grow the university of North Dakota, which is done through articles, pitches, photographs, and advertisements. The longer-term goal is to keep the magazine competitive against corporate magazines, as well as offer valuable online readership options.

Operating model

Revenue model
Affiliate-supported. 80% of the money available for current operations came from contributions from related organizations.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 79
  • Accountability: 88
  • Sustainability: 21
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.3%; rating input score 96
  • Program expense ratio: 96.3%; rating input score 96
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 95.5%; rating input score 95; 26th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 0%; rating input score 41; 41st percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 24.5%; rating input score 15; 15th percentile among comparable filings

Growth

  • Program expense growth: -110.9% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -10.4% per year; rating input score 0; 13th percentile among comparable filings
  • Asset growth: Limited

Details

  • Where the money goes: 96.3% of revenue deployed · 96.3% of spending went to programs
  • Governance: 21 of 22 board members independent · 7 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $221K in reported program spending
  • Leadership: top reported pay $194K · 30 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 20 of 20 current checks pass
  • Schedules: 9 filed schedules · includes major donors and executive pay
  • Filing history: 5 filing years from 2010 to 2014
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • Moderate — Sustainability: Operating margin scored 41/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Officer compensation ratio scored 15/100.