SOUTHERN ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
SOUTHERN ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS INC (EIN 76-0427292)
Tax period
2024-06-01 to 2025-05-31
Filed
2026-04-15
IRS object ID
202631059349302523
Schema version
2024v5.5
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)
Return2026-04-15T19:20:34-05:00ReturnTs
Tax Period End2025-05-31TaxPeriodEndDt

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 Line1950 NORTH GLEBE ROAD SUITE 1200AddressLine1Txt
CityARLINGTONCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22203ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-06-01TaxPeriodBeginDt

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
Phone2062107751PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12150 N 107TH ST 330AddressLine1Txt
CitySEATTLECityNm
State AbbreviationWAStateAbbreviationCd
ZIP98133ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLISA MAZUREPersonNm
Person TitleTREASURERPersonTitleTxt
Phone2062107751PhoneNum
Signature2026-04-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHICHI MSANGIPreparerPersonNm
PTINP01972113PTIN
Phone5712279500PhoneNum
Preparation2026-04-10PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerNOEL SLOANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12150 N 107TH ST 330AddressLine1Txt
CitySEATTLECityNm
State AbbreviationWAStateAbbreviationCd
ZIP98133ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,417,696GrossReceiptsAmt
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 Volunteers92TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$366,407PYContributionsGrantsAmt
CY Contributions Grants$366,164CYContributionsGrantsAmt
PY Program Service Revenue$1,033,366PYProgramServiceRevenueAmt
CY Program Service Revenue$1,282,933CYProgramServiceRevenueAmt
PY Investment Income$22,273PYInvestmentIncomeAmt
CY Investment Income$101,082CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,422,046PYTotalRevenueAmt
CY Total Revenue$1,750,179CYTotalRevenueAmt
PY Grants And Similar Paid$20,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$24,648CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,415,983PYOtherExpensesAmt
CY Other Expenses$1,791,788CYOtherExpensesAmt
PY Total Expenses$1,435,983PYTotalExpensesAmt
CY Total Expenses$1,816,436CYTotalExpensesAmt
PY Revenues Less Expenses-$13,937PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$66,257CYRevenuesLessExpensesAmt
Total Assets BOY$1,677,297TotalAssetsBOYAmt
Total Assets EOY$1,454,779TotalAssetsEOYAmt
Total Liabilities BOY$531,467TotalLiabilitiesBOYAmt
Total Liabilities EOY$331,765TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,145,830NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,123,014NetAssetsOrFundBalancesEOYAmt
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 Change0SignificantChangeInd
Expense$663,859ExpenseAmt
Grant$8,648GrantAmt
Revenue$851,667RevenueAmt
Desc2025 ANNUAL MEETING: TOOK PLACE ON APRIL 13-15, 2025, AT THE HYATT REGENCY MIAMI IN MIAMI, FLORIDA. THE EVENT'S THEME WAS "ADAPTING TO NEW REALITIES IN HIGHER EDUCATION", AND IT WAS HELD IN PARTNERSHIP WITH THE ASSOCIATION OF COLLEGE AND UNIVERSITY POLICY ADMINISTRATORS (ACUPA).Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$331,544ExpenseAmt
Grant$4,000GrantAmt
Revenue$298,762RevenueAmt
Desc2025 FALL WORKSHOP: THE WORKSHOP WAS HELD OCTOBER 29-31, 2025, AT THE HILTON NEW ORLEANS RIVERSIDE IN NEW ORLEANS, LOUISIANA, WITH THE THEME "UNMASKING INNOVATION: REVEALING THE FUTURE OF HIGHER EDUCATION".Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$99,456ExpenseAmt
Grant$0GrantAmt
Revenue$115,965RevenueAmt
DescWOMEN'S LEADERSHIP FORUM -HELD FROM FEBRUARY 26-28, 2025, IN VIRGINIA BEACH, VIRGINIA, WITH THE THEME "WAVES OF WISDOM: EMPOWERING WOMEN LEADERS". THIS WAS 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$211,327ExpenseAmt
Grant$12,000GrantAmt
Revenue$16,539RevenueAmt
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$211,327TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$12,000TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$16,539TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$1,306,186TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
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 OrganizationsYes (1)GrantsToOrganizationsInd
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 Contri0DeductibleNonCashContriInd
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 Document15IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
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 DutiesYes (1)DelegationOfMgmtDutiesInd
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 Body0Form990ProvidedToGvrnBodyInd
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

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DIANA VENGROVSKIBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2062107751PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12150 N 107TH STREET SUITE 330AddressLine1Txt
CitySEATTLECityNm
State AbbreviationWAStateAbbreviationCd
ZIP98133ZIPCd
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
DARRELL DUNCAN
PRESIDENT6.00Yes (X)Yes (X)$0$0$0
DEBBIE WALKER
1ST VICE PRESIDENT4.00Yes (X)Yes (X)$0$0$0
JEREMY DIGORIO
2ND VICE PRESIDENT4.00Yes (X)Yes (X)$0$0$0
JAMIE LOFTIN
3RD VICE PRESIDENT4.00Yes (X)Yes (X)$0$0$0
BRENNA DIXON
SECRETARY4.00Yes (X)Yes (X)$0$0$0
LISA MAZURE
TREASURER4.00Yes (X)Yes (X)$0$0$0
ANTRAMEKA KNIGHT
ASSISTANT TREASURER4.00Yes (X)Yes (X)$0$0$0
NOEL SLOAN
IMMEDIATE PAST PRESIDENT2.00Yes (X)Yes (X)$0$0$0
KELLY EPTING
CO-CHAIR PROF. DEV. COMMITTEE6.00Yes (X)$0$0$0
BRETT POWELL
CO-CHAIR PROF. DEV. COMMITTEE6.00Yes (X)$0$0$0
BRYAN ELMORE
CO-CHAIR PROF. DEV. COMMITTEE6.00Yes (X)$0$0$0
RANDY ELLIS
BUS PARTNER RELATIONS COORD.6.00Yes (X)$0$0$0
UNDRIA STALLING
DIVERSITY, EQUITY & INCLUSION COORD.2.00Yes (X)$0$0$0
WILLIAM NELSON
MEMBERS AT LARGE2.00Yes (X)$0$0$0
CHRIS GARDNER
MEMBERS AT LARGE2.00Yes (X)$0$0$0
STAN SULLIVANT
MEMBERS AT LARGE2.00Yes (X)$0$0$0
KIM MCCULLOCK
CONSTITUENT CHAIR2.00Yes (X)$0$0$0
KELVIN DAVIS
CONSTITUENT CHAIR2.00Yes (X)$0$0$0
KIM HADLEY
CONSTITUENT CHAIR2.00Yes (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

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SBI ASSOCIATION MANAGEMENTBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line12150 N 107TH STREET SUITE 330AddressLine1Txt
CitySEATTLECityNm
State AbbreviationWAStateAbbreviationCd
ZIP98133ZIPCd
FieldValueIRS element (for citing)
ServicesASSOCIATION MANAGEMENT AND EVENT MANAGEMServicesDesc
Compensation$303,845CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Membership Dues$366,164MembershipDuesAmt
Total Contributions$366,164TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
REGISTRATION611430$730,075$730,075
SPONSORSHIPS900099$441,428$441,428
EXHIBITOR FEES611430$111,430$111,430
FieldValueIRS element (for citing)
Total Program Service Revenue$1,282,933TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$17,387TotalRevenueColumnAmt
Exclusion$17,387ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$751,212SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$667,517SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$83,695SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$83,695TotalRevenueColumnAmt
Exclusion$83,695ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,750,179TotalRevenueColumnAmt
Related Or Exempt Func Income$1,282,933RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$101,082ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$12,000TotalAmt
Program Services$12,000ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$12,648TotalAmt
Program Services$12,648ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$397,689TotalAmt
Management And General$397,689ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$30,663TotalAmt
Management And General$30,663ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$10,063TotalAmt
Management And General$10,063ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$475TotalAmt
Management And General$475ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$62,507TotalAmt
Program Services$36,790ProgramServicesAmt
Management And General$25,717ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$23,526TotalAmt
Program Services$9,143ProgramServicesAmt
Management And General$14,383ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$103,354TotalAmt
Program Services$103,354ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,092,584TotalAmt
Program Services$1,092,584ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$10,280TotalAmt
Program Services$3,995ProgramServicesAmt
Management And General$6,285ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
GRAPHIC DESIGN$4,300$1,671$2,629
GIFTS AND AWARDS$3,642$1,415$2,227
DUES/SUBSCRIPTIONS$2,770$1,077$1,693

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$49,935TotalAmt
Program Services$31,509ProgramServicesAmt
Management And General$18,426ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,816,436TotalAmt
Program Services$1,306,186ProgramServicesAmt
Management And General$510,250ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$478,257BOYAmt
EOY$210,007EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$84,126BOYAmt
EOY$267,980EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$115,425BOYAmt
EOY$80,728EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$143,976BOYAmt
EOY$130,945EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$855,513BOYAmt
EOY$765,119EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,677,297BOYAmt
EOY$1,454,779EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$237,545BOYAmt
EOY$85,651EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$293,922BOYAmt
EOY$246,114EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$531,467BOYAmt
EOY$331,765EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,145,830BOYAmt
EOY$1,123,014EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,145,830BOYAmt
EOY$1,123,014EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,677,297BOYAmt
EOY$1,454,779EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$66,257ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$43,441NetUnrlzdGainsLossesInvstAmt
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$218,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$333,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$316,950CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$366,407CurrentTaxYearMinus1YearAmt
Current Tax Year$366,164CurrentTaxYearAmt
Total$1,600,521TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$490,365CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$898,625CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$981,193CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,033,366CurrentTaxYearMinus1YearAmt
Current Tax Year$1,282,933CurrentTaxYearAmt
Total$4,686,482TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$708,365CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,231,625CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,298,143CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,399,773CurrentTaxYearMinus1YearAmt
Current Tax Year$1,649,097CurrentTaxYearAmt
Total$6,287,003TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$105,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$142,500CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$123,970CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$109,000CurrentTaxYearMinus1YearAmt
Total$480,470TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Current Tax Year$23,170CurrentTaxYearAmt
Total$23,170TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$105,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$142,500CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$123,970CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$109,000CurrentTaxYearMinus1YearAmt
Current Tax Year$23,170CurrentTaxYearAmt
Total$503,640TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$5,783,363PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$11,938CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$15,028CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$12,576CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$16,595CurrentTaxYearMinus1YearAmt
Current Tax Year$17,387CurrentTaxYearAmt
Total$73,524TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$11,938CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$15,028CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$12,576CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$16,595CurrentTaxYearMinus1YearAmt
Current Tax Year$17,387CurrentTaxYearAmt
Total$73,524TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$50CurrentTaxYearMinus2YearsAmt
Total$50TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$720,303CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,246,653CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,310,769CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,416,368CurrentTaxYearMinus1YearAmt
Current Tax Year$1,666,484CurrentTaxYearAmt
Total$6,360,577TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.90930PublicSupportCY509Pct
Public Support PY5090.87440PublicSupportPY509Pct
Investment Income CY0.01160InvestmentIncomeCYPct
Investment Income PY0.01360InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$939,639BeginningYearBalanceAmt
Investment Earnings Or Losses$134,460InvestmentEarningsOrLossesAmt
Other Expenditures$41,000OtherExpendituresAmt
End Year Balance$1,033,099EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$791,479BeginningYearBalanceAmt
Investment Earnings Or Losses$148,160InvestmentEarningsOrLossesAmt
End Year Balance$939,639EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$785,574BeginningYearBalanceAmt
Investment Earnings Or Losses$5,905InvestmentEarningsOrLossesAmt
End Year Balance$791,479EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Contributions$938,327ContributionsAmt
Investment Earnings Or Losses-$152,753InvestmentEarningsOrLossesAmt
End Year Balance$785,574EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY1.00000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.00000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.00000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$1,783,557TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$43,441NetUnrealizedGainsInvstAmt
Revenue Not Reported$43,441RevenueNotReportedAmt
Revenue Subtotal$1,740,116RevenueSubtotalAmt
Investment Expenses Not Incld$10,063InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$10,063RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,750,179TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,806,373TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$1,806,373ExpensesSubtotalAmt
Investment Expenses Not Incld2$10,063InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$10,063ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,816,436TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART V, LINE 4:FormAndLineReferenceDesc
ExplanationSACUBO'S SPENDING POLICY FOR ITS QUASI-ENDOWMENT FUND IS DESIGNED TO STABILIZE ANNUAL SPENDING LEVELS AND PRESERVE THE REAL VALUE OF THE ENDOWMENT OVER TIME. THE AMOUNT OF QUASI-ENDOWMENT RETURN AVAILABLE FOR CURRENT SPENDING (DISTRIBUTION) DURING A FISCAL YEAR SHALL BE DETERMINED ON THE BASIS OF THE AVERAGE MARKET VALUE OF THE 12 MOST RECENT TRAILING QUARTERS AS OF THE PRECEDING DECEMBER 31ST ("AVERAGE MARKET VALUE"). THE ANNUAL DISTRIBUTION SHALL BE CALCULATED AS 5% OF THE AVERAGE MARKET VALUE.ExplanationTxt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1UNIVERSITY OF KENTUCKY-CBMIBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1322 PETERSON SERVICE BUILDING 411AddressLine1Txt
Address Line2SOUTH LIMESTONEAddressLine2Txt
CityLEXINGTONCityNm
State AbbreviationKYStateAbbreviationCd
ZIP40506ZIPCd
FieldValueIRS element (for citing)
Recipient EIN616001218RecipientEIN
IRC Section501(C)3IRCSectionDesc
Cash Grant$12,000CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Valuation Method UsedN/AValuationMethodUsedDesc
Non Cash AssistanceN/ANonCashAssistanceDesc
Purpose Of GrantSCHOLARSHIPPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient12RecipientCnt
Cash Grant$12,648CashGrantAmt
Valuation Method UsedN/AValuationMethodUsedDesc
Non Cash AssistanceN/ANonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE SACUBO BOARD OF DIRECTORS MAY ESTABLISH SCHOLARSHIPS AND AWARDS AND A PROCESS FOR GRANTING THEM. AWARD AND SCHOLARSHIP CRITERIA SHALL BE ESTABLISHED BY THE APPROPRIATE COMMITTEE AND APPROVED BY THE BOARD OF DIRECTORS. CURRENTLY, ALL SCHOLARSHIPS GO THROUGH AN APPLICATION PROCESS AND A COMMITTEE REVIEWS THEM APPLICANTS. EACH YEAR WHEN SETTING THE BUDGET THE BOARD DECIDES HOW MUCH TO GRANT IN SCHOLARSHIPS. AFTER THE EVENT, SACUBO PROVIDES THE SCHOLARSHIP TO THE RECIPIENTS UNIVERSITY AFTER CONFIRMING PARTICIPATION IN SAID EVENT.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1AALL EXECUTIVE COMMITTEE MEMBERS ARE ON THE BOARD. THE 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 3SBI ASSOCIATION MANAGEMENT. EXECUTIVE DIRECTOR MEGAN MILLER. MEGAN IS SBI EMPLOYEE.
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 7BPLEASE REFER TO THE RESPONSE TO FORM 990 VI LINE 7A.
FORM 990, PART VI, SECTION B, LINE 11BTHE FEDERAL FORM 990 IS REVIEWED BY EXECUTIVE DIRECTOR AND TREASURER 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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