Aiccu Research Foundation FY2020 filing

Tax-deductible

Sacramento, CA501(c)(3)Since 1989UnclassifiedEIN 23-7003049Revenue $1.8M in FY2020

On file with the IRSaiccu.edu1121 L St Ste 802, 95814-3974 · Sacramento, CATax-exempt since May 1969Supporting organization — 509(a)(3)

Tell your story. Claim this org

The purpose of the association of independent california colleges and universities and Research Foundation (Aiccu) is to advance the interests of the accredited non-profit colleges and universities in the state. In that role, Aiccu carries out a series of programs including public affairs and information, joint financial services, institutional Research, admissions and student recruitment, and coordination of professional development activities.

501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
$278K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $28K a year · 2% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$278K
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $300K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$501K
10% of total assets
Looks good: liabilities are 10% of assets; 50% or less.
Pt X · Ln 26
Independent board members
21
of 21 voting members
Looks good: 21 of 21 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.8M
Spent
$1.7M
To programs
78%
Net assets
$4.5M
By yearFY2020–FY2025
Revenue
$1.8M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.8M
FY2021$1.7M
FY2022$1.5M
FY2023$1.8M
FY2024$1.8M
FY2025$1.7M
Expenses
$1.7M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.7M
FY2021$1.5M
FY2022$1.9M
FY2023$1.9M
FY2024$1.8M
FY2025$1.8M
Net assets
$4.5M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$4.5M
FY2021$6.0M
FY2022$4.6M
FY2023$4.9M
FY2024$5.5M
FY2025$6.1M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1969.

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

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $1.3M Management & general 22% · $383K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to fix it

Who runs it and what they're paid

22 people listed on the 990; $278K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$277,525Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Past Chair
$0Pt VII · Sec A
Exec. Committee
$0Pt VII · Sec A
Exec. Committee
$0Pt VII · Sec A
$0Pt VII · Sec A
Exec. Committee
$0Pt VII · Sec A
1st Vice Chair
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Kristen Soares$340,117$333,517$347,877$284,999$285,155$277,525
Alexander Graves$118,225$116,952$103,437$106,420——
Thomas Mau Vu$102,902$101,867$99,499———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Aiccu Research Foundation executive salaries →

On this list? Claim this org

Something off? Claim to fix it

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 15aYes

Programs and updates

Supports accredited non-profit colleges and universities in the state.

Questions for Aiccu Research Foundation

Tap to ask. Aiccu Research Foundation sees how many people are interested.

Your first name shows with your question. Aiccu Research Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $1.1M · in their own filed words · FY2019
01

Public Affairs and Information

Aiccu attempts to build awareness of the sector in the general public and in the public policy process.

$459Kprogram expense
02

Joint Financial Services

Aiccu facilitates joint projects amoung member institutions which would not be possible by individual colleges or universities, including facilities financing and several joint insurance programs.

$313Kprogram expense
03

Institutional Research

Aiccu conducts a series of research studies on the nature and operation of independent colleges in california. The results of those studies are distributed to member institutes, policy agencies and to the public.

$279Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2021
Total grants receivedfrom 1 funder$300K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.8M
Ln 12
Gifts and grantsLn 1h$1.5M
Fees for servicesLn 2g$182K
Investment incomeLn 3$62K
Money outPt IX
$1.7M
Ln 25
Programscol B$1.3M
Managementcol C$383K
Owns and owesPt X
$4.5M
net assets · Ln 32
Cash and savingsLn 1–2$401K
Total assetsLn 16$5.0M
LiabilitiesLn 26$501K
PeoplePt VI, VII
22
listed · VII A
PaidVII A1
Voting boardVI 1a21
IndependentVI 1b21
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.5M
Government grantsLn 1e$164K
Fees for servicesLn 2g$182K
Investment incomeLn 3$62K
Other incomeLn 4–11$26K
Gains on assetsLn 7$0
Total revenueLn 12$1.8M
Assets in detailPt X, end of year
CashLn 1$55K
SavingsLn 2$346K
Cash and savings togetherLn 1–2$401K
InvestmentsLn 11–13$3.3M
Land, buildings, equipmentLn 10c$10K
Other assetsLn 15$1.3M
Total assetsLn 16$5.0M
LiabilitiesLn 26$501K
Net assetsLn 32$4.5M
OperationsPt I, VI
EmployeesI 511
VolunteersI 627
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$61K$401K
InvestmentsLn 11–13$3.2M$3.3M
Land, buildings, equipmentLn 10c$44K$10K
Total assetsLn 16$4.7M$5.0M
LiabilitiesLn 26$489K$501K
Net assetsLn 32$4.2M$4.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$306K$246K$61K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$557K$447K$110K
Pension plan contributionsLn 8$79K$63K$16K
Other employee benefitsLn 9$98K$79K$19K
Payroll taxesLn 10$59K$47K$12K
Management feesLn 11a$0
Legal feesLn 11b$54K$54K
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$167K$134K$33K
Advertising and promotionLn 12$0
Office expensesLn 13$42K$34K$8K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$120K$96K$24K
TravelLn 17$65K$52K$13K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$34K$28K$7K
InsuranceLn 23$15K$12K$3K
Other expenses (24a–d)Ln 24$102K$82K$20K
All other expensesLn 24e$32K$28K$4K
Total functional expensesLn 25$1.7M$1.3M$383K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.7M$1.8M−$88K$6.1M 990 PDF
FY2024 $1.8M$1.8M$68K$5.5M 990 PDF
FY2023 $1.8M$1.9M−$59K$4.9M 990 PDF
FY2022 $1.5M$1.9M−$352K$4.6M 990 PDF
FY2021 $1.7M$1.5M$200K$6.0M 990 PDF
FY2020 Viewing $1.8M$1.7M$65K$4.5M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $1,795,513 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,342,870$1,525,175
I-9 Program service revenuePrior year $196,804$181,995
I-10 Investment incomePrior year $94,482$62,414
I-11 Other revenuePrior year $30,199$25,929
I-12 Total revenuePrior year $1,664,355$1,795,513
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $946,723$1,099,589
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $843,659$630,692
I-18 Total expensesPrior year $1,790,382$1,730,281
I-19 Revenue less expensesPrior year −$126,027$65,232
Part VI · Governance 21 of 21 board members independent, no flags
VI-1a Voting members of the governing body21
VI-1b Independent voting members21
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,795,513 across 12 lines filed
VIII-1b Membership dues$1,197,885
VIII-1e Government grants$164,000
VIII-1f All other contributions, gifts and grants$163,290
VIII-1h Total contributions, gifts and grants$1,525,175
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $181,995$181,995
VIII-3 Investment incomeExcluded from tax $62,414$62,414
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $25,929$25,929
VIII-12 Total revenueRelated to mission $181,995 · Excluded from tax $88,343$1,795,513
Part IX · Statement of functional expenses $1,730,281 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $245,710 · Management $60,623$306,333
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $446,877 · Management $110,257$557,134
IX-8 Pension plan contributionsPrograms $63,444 · Management $15,653$79,097
IX-9 Other employee benefitsPrograms $78,861 · Management $19,457$98,318
IX-10 Payroll taxesPrograms $47,089 · Management $11,618$58,707
IX-11a Management fees$0
IX-11b Legal feesManagement $53,990$53,990
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $133,840 · Management $33,022$166,862
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $33,838 · Management $8,290$42,128
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $95,901 · Management $23,662$119,563
IX-17 TravelPrograms $51,797 · Management $12,780$64,577
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $27,585 · Management $6,806$34,391
IX-23 InsurancePrograms $12,386 · Management $3,056$15,442
IX-24 Other expenses (24a–d)Programs $81,874 · Management $20,202$102,076
IX-24e All other expensesPrograms $27,765 · Management $3,898$31,663
IX-25 Total functional expensesPrograms $1,346,967 · Management $383,314 · Fundraising $0$1,730,281
Part X · Balance sheet $4,971,340 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $8,037$55,158
X-2 Savings and temporary cash investmentsStart of year $53,337$345,633
X-3 Pledges and grants receivableStart of year $30,059$0
X-4 Accounts receivableStart of year $26,017$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $5,099$37,862
X-10c Land, buildings and equipment, netStart of year $43,915$9,524
X-11 Publicly traded securitiesStart of year $3,185,891$3,269,093
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $1,345,188$1,254,070
X-16 Total assetsStart of year $4,697,543$4,971,340
X-17 Accounts payable and accrued expensesStart of year $34,145$36,756
X-25 Other liabilitiesStart of year $454,880$463,991
X-26 Total liabilitiesStart of year $489,025$500,747
X-27 Net assets without donor restrictionsStart of year $3,085,602$3,246,633
X-28 Net assets with donor restrictionsStart of year $1,122,916$1,223,960
X-32 Total net assets or fund balancesStart of year $4,208,518$4,470,593
X-33 Total liabilities and net assetsStart of year $4,697,543$4,971,340
Part XI · Reconciliation of net assets $4,470,593 net assets at year end
XI-1 Total revenue$1,795,513
XI-2 Total expenses$1,730,281
XI-3 Revenue less expenses$65,232
XI-4 Net assets at start of year$4,208,518
XI-5 Net unrealized gains (losses) on investments$199,812
XI-8 Prior period adjustments−$2,969
XI-10 Net assets at end of year$4,470,593

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.