Oracle Hcm User Group INC FY2023 filing

Washougal, WAUnknown exempt organization EIN 20-4309357Revenue $703K in FY2023

On file with the IRSohug.org129 Pendleton Way 696 · Washougal, WA

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Representing and promoting the collective interest of the Oracle Hcm client community.

Mission: Form 990 Part I, line 1

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FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $24K a year · 4% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
2 mo
of spending, in cash
Plus $569K in investments, Pt X · Ln 11–13
Fine: 2.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$102K
12% of total assets
Looks good: liabilities are 12% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$703K
+6% vs prior year
Spent
$691K
Net assets
$721K
By yearFY2020–FY2024
Revenue
$703K
FY2023▲ +6%
Tap a bar for its year
Revenue by fiscal year
FY2020$70K
FY2021$540K
FY2022$666K
FY2023$703K
FY2024$876K
Expenses
$691K
FY2023▲ +25%
Tap a bar for its year
Expenses by fiscal year
FY2020$232K
FY2021$506K
FY2022$550K
FY2023$691K
FY2024$758K
Net assets
$721K
FY2023▲ +6%
Tap a bar for its year
Net assets by fiscal year
FY2020$610K
FY2021$657K
FY2022$678K
FY2023$721K
FY2024$853K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Member at Large
$0Pt VII · Sec A
Member at Large
$0Pt VII · Sec A
Member at Large
$0Pt VII · Sec A
Member at Large
$0Pt VII · Sec A
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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Advocates for Oracle HCM users, promoting their shared interests.

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Provided by the organization

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2 programs · in their own filed words · FY2023
01

Ohug is committed to providing its members a broad range of ongoing education and networking opportunities for anyone working with oracle HCM product lines. We plan, participate in, and offer a number of learning opportunities throughout the year including regional events, iparticipate webinars, and international conferences.

Pt IX · col B
02

The ohug iparticipate webinar series brings the brightest and the best experts in the oracle community to offer information, tips, and training on topics that are trending now.

Pt IX · col B

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$703K
Ln 12
Fees for servicesLn 2g$681K
Investment incomeLn 3$22K
Money outPt IX
$691K
Ln 25
Owns and owesPt X
$721K
net assets · Ln 32
Cash and savingsLn 1–2$145K
Total assetsLn 16$823K
LiabilitiesLn 26$102K
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$681K
Investment incomeLn 3$22K
Total revenueLn 12$703K
Assets in detailPt X, end of year
CashLn 1$145K
Cash and savings togetherLn 1–2$145K
InvestmentsLn 11–13$569K
Total assetsLn 16$823K
LiabilitiesLn 26$102K
Net assetsLn 32$721K
OperationsPt I, VI
EmployeesI 50
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$91K$145K
InvestmentsLn 11–13$521K$569K
Total assetsLn 16$752K$823K
LiabilitiesLn 26$74K$102K
Net assetsLn 32$678K$721K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$129K
Legal feesLn 11b$858
Accounting feesLn 11c$21K
Investment management feesLn 11f$4K
Advertising and promotionLn 12$84K
Office expensesLn 13$6K
Information technologyLn 14$52K
TravelLn 17$19K
Conferences, conventions and meetingsLn 19$372K
InsuranceLn 23$2K
Other expenses (24a–d)Ln 24$822
Total functional expensesLn 25$691K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $876K$758K$118K$853K 990 PDF
FY2023 Viewing $703K$691K$13K$721K 990 PDF
FY2022 $666K$550K$116K$678K 990 PDF
FY2021 $540K$506K$34K$657K 990 PDF
FY2020 $70K$232K−$162K$610K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $703,139 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $649,417$680,840
I-10 Investment incomePrior year $16,498$22,299
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $665,915$703,139
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $550,258$690,531
I-18 Total expensesPrior year $550,258$690,531
I-19 Revenue less expensesPrior year $115,657$12,608
Part VI · Governance 9 of 9 board members independent, 3 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $703,139 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $680,840$680,840
VIII-3 Investment incomeExcluded from tax $22,299$22,299
VIII-12 Total revenueRelated to mission $680,840 · Unrelated business $0 · Excluded from tax $22,299$703,139
Part IX · Statement of functional expenses $690,531 across 11 lines filed
IX-11a Management fees$128,611
IX-11b Legal fees$858
IX-11c Accounting fees$20,739
IX-11f Investment management fees$4,042
IX-12 Advertising and promotion$83,659
IX-13 Office expenses$6,116
IX-14 Information technology$51,862
IX-17 Travel$19,353
IX-19 Conferences, conventions and meetings$372,441
IX-23 Insurance$2,028
IX-24 Other expenses (24a–d)$822
IX-25 Total functional expenses$690,531
Part X · Balance sheet $822,930 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $90,924$145,222
X-4 Accounts receivableStart of year $95,697$92,900
X-9 Prepaid expenses and deferred chargesStart of year $45,246$15,695
X-11 Publicly traded securitiesStart of year $520,573$569,113
X-16 Total assetsStart of year $752,440$822,930
X-19 Deferred revenueStart of year $73,900$101,799
X-26 Total liabilitiesStart of year $74,200$101,799
X-27 Net assets without donor restrictionsStart of year $678,240$721,131
X-32 Total net assets or fund balancesStart of year $678,240$721,131
X-33 Total liabilities and net assetsStart of year $752,440$822,930
Part XI · Reconciliation of net assets $721,131 net assets at year end
XI-1 Total revenue$703,139
XI-2 Total expenses$690,531
XI-3 Revenue less expenses$12,608
XI-4 Net assets at start of year$678,240
XI-5 Net unrealized gains (losses) on investments$30,283
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$721,131

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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