SOUTHERN ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
SOUTHERN ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS INC (EIN 76-0427292)
Tax period
2019-06-01 to 2020-05-31
Filed
2021-04-14
IRS object ID
202111049349300701
Schema version
2019v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-04-14T07:44:56-05:00ReturnTs
Tax Period End2020-05-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1901 N GLEBE ROAD SUITE 200AddressLine1Txt
CityARLINGTONCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22203ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-06-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN760427292EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SOUTHERN ASSOCIATION OF COLLEGE ANDBusinessNameLine1Txt
Business Name Line2UNIVERSITY BUSINESS OFFICERS INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlSOUTBusinessNameControlTxt
Phone2028612500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11100 VERMONT AVENUE NW NO 800AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAMES BARNESPersonNm
Person TitleTREASURERPersonTitleTxt
Phone2028612500PhoneNum
Signature2021-04-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAELA J CROMAR CPAPreparerPersonNm
PTINP00895728PTIN
Phone8178775000PhoneNum
Preparation2021-04-12PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerRUSS HANNAHPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11100 VERMONT AVENUE NW NO 800AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$586,113GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.SACUBO.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1928FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionTO INFORM HIGHER EDUCATION INSTITUTIONS IN THE SOUTHERN U.S. ON ISSUES THAT AFFECT THEM.ActivityOrMissionDesc
Voting Members Governing Body19VotingMembersGoverningBodyCnt
Voting Members Independent19VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers100TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$206,000PYContributionsGrantsAmt
CY Contributions Grants$157,500CYContributionsGrantsAmt
PY Program Service Revenue$803,082PYProgramServiceRevenueAmt
CY Program Service Revenue$406,649CYProgramServiceRevenueAmt
PY Investment Income$31,276PYInvestmentIncomeAmt
CY Investment Income$21,964CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,040,358PYTotalRevenueAmt
CY Total Revenue$586,113CYTotalRevenueAmt
PY Grants And Similar Paid$18,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$5,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$66,495PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$96,674CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$970,883PYOtherExpensesAmt
CY Other Expenses$545,405CYOtherExpensesAmt
PY Total Expenses$1,055,378PYTotalExpensesAmt
CY Total Expenses$647,079CYTotalExpensesAmt
PY Revenues Less Expenses-$15,020PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$60,966CYRevenuesLessExpensesAmt
Total Assets BOY$1,027,094TotalAssetsBOYAmt
Total Assets EOY$1,189,087TotalAssetsEOYAmt
Total Liabilities BOY$97,885TotalLiabilitiesBOYAmt
Total Liabilities EOY$279,889TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$929,209NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$909,198NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSOUTHERN ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS, INC (SACUBO) CONTRIBUTES TO SUPERIOR HIGHER EDUCATION FINANCIAL AND ADMINISTRATIVE SERVICES BY PROVIDING RELEVANT PROFESSIONAL DEVELOPMENT, THOUGHT LEADERSHIP AND ISSUE ADVOCACY.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant ChangeYes (1)SignificantChangeInd
Expense$73,710ExpenseAmt
Revenue$203,203RevenueAmt
DescANNUAL CONFERENCE - ANNUAL MEETING OF BUSINESS OFFICERS FOR PURPOSE OF CONTINUING EDUCATION AND MANAGEMENT OF BUSINESS AFFAIRS OF EDUCATIONAL INSTITUTIONS. AS A RESULT OF COVID, SACUBO HOSTED A VIRTUAL CONFERENCE JUNE 16TH THROUGH 24TH TO ADJUST TO THE WAY WE HAD TO CONDUCT BUSINESS TO KEEP EVERYONE SAFE BUT STILL OFFER GREAT SERVICES TO OUR MEMBERS DURING THE PANDEMIC.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$169,329ExpenseAmt
Grant$5,000GrantAmt
Revenue$145,850RevenueAmt
DescFALL WORKSHOP - SACUBO'S FALL WORKSHOP TAKES PLACE ANNUALLY. THE WORKSHOP FEATURES NATIONALLY-RECOGNIZED SPEAKERS AND SUBJECT-MATTER EXPERTS ON A VARIETY OF TOPICS OF IMPORTANCE TO HIGHER EDUCATION BUSINESS PROFESSIONALS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$71,083ExpenseAmt
Grant$0GrantAmt
Revenue$51,738RevenueAmt
DescWOMEN'S LEADERSHIP FORUM - SACUBO HOSTED ITS 5TH ANNUAL WOMEN'S LEADERSHIP FORUM DURING 2020. THIS IS A TWO-DAY FORUM FOR CURRENT AND FUTURE WOMEN LEADERS IN HIGHER EDUCATION. THE PROGRAM IS DESIGNED TO PROVIDE SPEAKERS WHO ARE EXPERTS IN TOPICS RELATED TO WOMEN IN LEADERSHIP POSITIONS, HIGH-LEVEL EXECUTIVE COACHING SESSIONS, INTERACTIVE GROUP DISCUSSIONS, AND NETWORKING OPPORTUNITIES TO HELP YOU POSITION YOURSELF FOR EFFECTIVE LEADERSHIP AND EXECUTIVE PLACEMENT.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$62,549ExpenseAmt
Revenue$5,858RevenueAmt
DescOTHER WORKSHOPS - FEE WAIVERS FOR SACUBO TRAINING SESSIONS ARE PROVIDEDTO SOME ATTENDEES BASED ON AN APPLICATION PROCESS. THESE ATTENDEES AREBUSINESS EMPLOYEES OF INSTITUTIONS OF HIGHER EDUCATION.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$62,549TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$5,858TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$376,671TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members19GoverningBodyVotingMembersCnt
Independent Voting Member19IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonNACUBOPersonNm
Phone2028612500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11110 VERMONT AVENUE NW SUITE 800AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
RUSS HANNAH
PRESIDENT6.00Yes (X)Yes (X)$0$0$0
SUSAN MADDUX
1ST VICE PRESIDENT4.00Yes (X)Yes (X)$0$0$0
JOHN CRAWFORD
2ND VICE PRESIDENT4.00Yes (X)Yes (X)$0$0$0
HORACE CHASE
3RD VICE PRESIDENT4.00Yes (X)Yes (X)$0$0$0
WILMA PHILLPS
PAST PRESIDENT1.00Yes (X)Yes (X)$0$0$0
JIMMY BARNES
TREASURER4.00Yes (X)Yes (X)$0$0$0
BRENNA DIXON
SECRETARY1.00Yes (X)Yes (X)$0$0$0
DARRELL DUNCAN
SPONSORSHIP COORDINATOR2.00Yes (X)$0$0$0
AMY BLACKWELL
PROF. DEVELOP. COMMITTEE CO-CHAIR1.00Yes (X)$0$0$0
KEVIN EDELBLUTE
PROF. DEVELOP. COMMITTEE CO-CHAIR1.00Yes (X)$0$0$0
SHAWN CHARLES
HBCU AND DIVERSITY COORDINATOR1.00Yes (X)$0$0$0
NOEL SLOAN
MEMBER AT LARGE1.00Yes (X)$0$0$0
ALICIA CURRIN
MEMBER AT LARGE1.00Yes (X)$0$0$0
JEREMY DIGORIO
MEMBER AT LARGE1.00Yes (X)$0$0$0
RAYMOND ABRAHAM
MEMBER AT LARGE1.00Yes (X)$0$0$0
JAMIE LOFTIN
CONSTITUENCY COMMITTEE CHAIR1.00Yes (X)$0$0$0
MYRA GOODWIN
CONSTITUENCY COMMITTEE CHAIR1.00Yes (X)$0$0$0
BRETT POWELL
CONSTITUENCY COMMITTEE CHAIR1.00Yes (X)$0$0$0
ANITA KOVACS
CONSTITUENCY COMMITTEE CHAIR1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
NACUBO
1110 VERMONT AVENUE NWWASHINGTONDC20005CONSULTING AND MANAGEMENT SERVICES$414,385
DISNEY DESTINATIONS
1000 W BUENA VISTA DRIVEORLANDOFL32830ANNUAL MEETING HOTEL$264,476
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt
All Other Contributions$157,500AllOtherContributionsAmt
Noncash Contributions$30,000NoncashContributionsAmt
Total Contributions$157,500TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
REGISTRATION611430$203,226$203,226
MEMBERSHIP DUES900099$203,203$203,203
DRIVE IN WORKSHOP611430$220$220
FieldValueIRS element (for citing)
Total Program Service Revenue$406,649TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$15,549TotalRevenueColumnAmt
Exclusion$15,549ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$6,415SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$6,415SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,415TotalRevenueColumnAmt
Exclusion$6,415ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$586,113TotalRevenueColumnAmt
Related Or Exempt Func Income$406,649RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$21,964ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$5,000TotalAmt
Program Services$5,000ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$96,674TotalAmt
Management And General$96,674ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$180,000TotalAmt
Program Services$117,891ProgramServicesAmt
Management And General$62,109ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$16,130TotalAmt
Management And General$16,130ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$45,373TotalAmt
Program Services$40,282ProgramServicesAmt
Management And General$5,091ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$6,314TotalAmt
Program Services$999ProgramServicesAmt
Management And General$5,315ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$5,606TotalAmt
Program Services$4,327ProgramServicesAmt
Management And General$1,279ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$3,631TotalAmt
Management And General$3,631ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$89,993TotalAmt
Program Services$47,953ProgramServicesAmt
Management And General$42,040ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$188,982TotalAmt
Program Services$160,219ProgramServicesAmt
Management And General$28,763ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$4,067TotalAmt
Management And General$4,067ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,361TotalAmt
Management And General$2,361ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescCREDIT CARD & BANK FEESDesc
Total$2,948TotalAmt
Management And General$2,948ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$647,079TotalAmt
Program Services$376,671ProgramServicesAmt
Management And General$270,408ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$277,418BOYAmt
EOY$351,410EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$83,318BOYAmt
EOY$46,263EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$6,420BOYAmt
EOY$73,188EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$12,100LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$12,100LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$4,067BOYAmt
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$655,871BOYAmt
EOY$718,226EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,027,094BOYAmt
EOY$1,189,087EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$51,810BOYAmt
EOY$44,729EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$46,075BOYAmt
EOY$235,160EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$97,885BOYAmt
EOY$279,889EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$929,209BOYAmt
EOY$909,198EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$929,209BOYAmt
EOY$909,198EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,027,094BOYAmt
EOY$1,189,087EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$60,966ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$40,955NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$177,050CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$174,287CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$355,894CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$206,000CurrentTaxYearMinus1YearAmt
Current Tax Year$157,500CurrentTaxYearAmt
Total$1,070,731TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$327,947CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$565,371CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$465,682CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$803,082CurrentTaxYearMinus1YearAmt
Current Tax Year$406,649CurrentTaxYearAmt
Total$2,568,731TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$570,330CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$148,303CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$140,300CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$858,933TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,075,327CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$887,961CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$961,876CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,009,082CurrentTaxYearMinus1YearAmt
Current Tax Year$564,149CurrentTaxYearAmt
Total$4,498,395TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$75,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$66,000CurrentTaxYearMinus1YearAmt
Current Tax Year$75,000CurrentTaxYearAmt
Total$216,000TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$75,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$66,000CurrentTaxYearMinus1YearAmt
Current Tax Year$75,000CurrentTaxYearAmt
Total$216,000TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$4,282,395PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,963CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$10,767CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$11,616CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,603CurrentTaxYearMinus1YearAmt
Current Tax Year$15,549CurrentTaxYearAmt
Total$60,498TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,963CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$10,767CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$11,616CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,603CurrentTaxYearMinus1YearAmt
Current Tax Year$15,549CurrentTaxYearAmt
Total$60,498TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,060CurrentTaxYearMinus4YearsAmt
Total$7,060TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,090,350CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$898,728CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$973,492CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,023,685CurrentTaxYearMinus1YearAmt
Current Tax Year$579,698CurrentTaxYearAmt
Total$4,565,953TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.93790PublicSupportCY509Pct
Public Support PY5090.91330PublicSupportPY509Pct
Investment Income CY0.01320InvestmentIncomeCYPct
Investment Income PY0.01110InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$12,100OtherCostOrOtherBasisAmt
Depreciation$12,100DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$629,068TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$40,955NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$2,000DonatedServicesAndUseFcltsAmt
Revenue Not Reported$42,955RevenueNotReportedAmt
Revenue Subtotal$586,113RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$586,113TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$649,079TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$2,000DonatedServicesUseFcltsAmt
Expenses Not Reported$2,000ExpensesNotReportedAmt
Expenses Subtotal$647,079ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$647,079TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationSACUBO IS EXEMPT FROM THE PAYMENT OF TAXES ON INCOME OTHER THAN NET UNRELATED BUSINESS INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. NO PROVISION FOR INCOME TAXES IS REQUIRED AS OF MAY 31, 2020 AND 2019, AS SACUBO HAD NO NET UNRELATED BUSINESS INCOME. SACUBO'S INCOME TAX RETURN IS SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. SACUBO IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient5RecipientCnt
Cash Grant$5,000CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Valuation Method UsedN/AValuationMethodUsedDesc
Non Cash AssistanceN/ANonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationSOUTHERN ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS, INC. PROVIDES SCHOLARSHIPS FOR INDIVIDUALS TO ATTEND SACUBO MEETINGS. THE PURPOSE OF THIS SCHOLARSHIP IS TO PROMOTE PROFESSIONAL DEVELOPMENT FOR INDIVIDUALS WHOSE INSTITUTIONS CANNOT AFFORD TO ATTEND THESE PROGRAMS. THERE IS NO FORMAL PROCESS FOR MONITORING THE USE OF SCHOLARSHIP FUNDS. HOWEVER, INDIVIDUALS MUST APPLY FOR THE SCHOLARSHIP IN ORDER TO BE CONSIDERED. FURTHERMORE, THE APPLICANT'S COLLEGE OR UNIVERSITY MUST BE A MEMBER OF SACUBO FOR THE APPLICATION TO BE CONSIDERED.ExplanationTxt

Schedule M IRS990ScheduleM

Food Inventory FoodInventoryGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$30,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesCOST VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationREPRESENTS TOTAL NUMBER OF CONTRIBUTORS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 3ANNUAL MEETING SCHEDULED TO TAKE PLACE MAY 3RD THROUGH 5TH IN SAN ANTONIO, TX WAS CANCELLED DUE TO COVID-19 RESTRICTIONS.
FORM 990, PART VI, SECTION A, LINE 1THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF SEVEN (7) MEMBERS: THE IMMEDIATE PAST PRESIDENT, THE PRESIDENT, FIRST VICE PRESIDENT, SECOND VICE PRESIDENT, THIRD VICE PRESIDENT, SECRETARY, AND TREASURER. THE EXECUTIVE COMMITTEE SHALL HAVE THE AUTHORITY TO ACT FOR THE BOARD BETWEEN ITS MEETINGS ON MATTERS REQUIRING IMMEDIATE ATTENTION INCLUDING REPLACEMENT APPOINTMENTS IN THE EVENT OF EMERGENCY RESIGNATIONS OR FAILURE TO PERFORM. THE EXECUTIVE COMMITTEE SHALL HAVE FULL POWER TO TRANSACT ALL NECESSARY BUSINESS OF THE BOARD OF DIRECTORS SPECIFICALLY COMMITTED TO IT IN HARMONY WITH THE GENERAL POLICY OF THE BOARD OF DIRECTORS MADE AND DETERMINED AT STATED OR SPECIAL MEETINGS. THE EXECUTIVE COMMITTEE SHALL MEET ON THE CALL OF THE PRESIDENT AT SUCH TIME AND PLACE AS SHALL BE DESIGNATED IN THE CALL. FOUR MEMBERS OF THE COMMITTEE SHALL CONSTITUTE A QUORUM.
FORM 990, PART VI, SECTION A, LINE 6SACUBO'S "REGULAR MEMBERS" HAVE THE RIGHT TO VOTE.
FORM 990, PART VI, SECTION A, LINE 7ASACUBO'S "REGULAR MEMBERS" HAVE THE RIGHT TO VOTE ANNUALLY OR AT SPECIAL MEETINGS ON THE MEMBERSHIP DUES. MEMBERS CAN ALSO VOTE ON THE BUDGET, OFFICERS FOR THE UPCOMING YEAR AND ANY CHANGES IN BYLAWS.
FORM 990, PART VI, SECTION A, LINE 7BSACUBO'S "REGULAR MEMBERS" HAVE THE RIGHT TO VOTE ANNUALLY OR AT SPECIAL MEETINGS ON THE MEMBERSHIP DUES. MEMBERS CAN ALSO VOTE ON THE BUDGET, OFFICERS FOR THE UPCOMING YEAR, AND ANY CHANGES IN BYLAWS.
FORM 990, PART VI, SECTION B, LINE 11BTHE DRAFT FEDERAL FORM 990 WILL BE DISTRIBUTED TO THE BOARD OF DIRECTORS ELECTRONICALLY PRIOR TO SUBMISSION AND THE BOARD OF DIRECTORS WILL BE ASKED FOR COMMENTS, QUESTIONS, CONCERNS, ETC. THE BOARD OF DIRECTORS IS THEN ASKED TO APPROVE THE DRAFT FEDERAL FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12CBOARD MEMBERS ARE REQUIRED TO READ AND SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY AND DISCLOSE ANY CONFLICTS OF INTEREST. THE SECRETARY IS RESPONSIBLE FOR REPORTING POTENTIAL CONFLICTS TO THE EXECUTIVE COMMITTEE FOR REVIEW, AND A FULL REPORT IS MADE BY THE SECRETARY TO THE BOARD ANNUALLY AT A BOARD MEETING. IN THE EVENT OF A CONFLICT DURING THE YEAR, THE BOARD MEMBER WITH THE CONFLICT WOULD RECUSE HIMSELF/HERSELF FROM THE DISCUSSION AND VOTE.
FORM 990, PART VI, SECTION C, LINE 19SACUBO MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

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