The Kansas University Alumni Association

What it reported doing in 2024

Alumni, student, and university programs - ku alumni provides one of the most comprehensive alumni programs in the country, nurturing a consistently growing, active, and powerful ku community that creates impact for the university of Kansas. Highlights include:1) networks - 162 domestic, international, and affinity-based networks held events focused on university issues, including campus news, student recruitment, membership advancement, legislative advocacy, and community service. Academic programs served the university through a variety of meetings, events, and newsletters tailored to the needs of individual schools and keeping alumni informed regarding their areas of academic interest. Programmatic offerings for alumni and university friends include in person and virtual events; 2) adams alumni center - provided banquet and meeting services for university, traditional ku alumni events, and ku alumni constituents; 3) jayhawk welcome center (jwc)- an addition to the adams alumni center in spring 2023, the jwc serves as the starting point for campus visits by prospective students and their families, and additionally includes creation of experiences emphasizing both storytelling and spaces for collaboration and celebration for alumni and guests of all ages, hosting over 80,000 guests; 4) support of intercollegiate athletics - encouraged and promoted gatherings of alumni and interested persons to support the university athletics programs; 5)student alumni network programs - provided opportunities for students to interact with ku alumni, access to a network of mentors, and to learn ku traditions; and 6) jayhawk career network - featuring the digital ku mentoring platform uniting career services across the ku campus with over 16,000 users, including 5,200 students and 40,000 messages since fall 2018.

Financial Efficiency

• Mission deployment rate: 76.7%; rating input score 77
• Program expense ratio: 79.4%; rating input score 79
• Fundraising efficiency: $8.24 raised per $1 spent on fundraising; rating input score 31; 31st percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 2 of 6 controls in place; rating input score 33
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 7.8%; rating input score 58; 58th percentile among comparable filings
• Total-asset coverage ratio: 7.64; rating input score 88; 88th percentile among comparable filings
• Liabilities to assets ratio: 0.05; rating input score 69; 69th percentile among comparable filings
• Officer compensation ratio: 20.6%; rating input score 12; 12th percentile among comparable filings

Growth

• Program expense growth: 1.9% per year; rating input score 100; 22nd percentile among comparable filings
• Revenue growth: 4.6% per year; rating input score 100; 38th percentile among comparable filings
• Asset growth: 10% per year; rating input score 100; 58th percentile among comparable filings