System Management Group is located in San Diego, CA. The organization was established in 2007. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 06/2021, System Management Group employed 311 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. System Management Group is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, System Management Group generated $68.6m in total revenue. All expenses for the organization totaled $73.0m during the year ending 06/2021. While expenses have increased by 96.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE ADMINISTRATIVE SERVICES TO THE ORGANIZATION'S AFFILIATED INSTITUTIONS: THE NATIONAL UNIVERSITY SYSTEM ("NUS").
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SUPPORT AND SERVICES TO THE ORGANIZATIONS IN THE NATIONAL UNIVERSITY SYSTEM ("NUS").
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Michael Cunningham Chancellor, Trustee | OfficerTrustee | 45 | $868,500 |
Seth Odell Vc, Marketing (thru 05/21) | Officer | 45 | $306,132 |
Dr Dave Lawrence Vc, Finance, CFO | Officer | 45 | $303,080 |
Michelle Bello Avc, Finance, Secretary | Officer | 45 | $296,405 |
Susan Morrow Didomenico Vc, Innovation (thru 01/20) | Officer | 45 | $263,481 |
Scott Page Sr Vp, Sanford Programs | Officer | 45 | $248,218 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Arthur J Gallagher & Co Consultants | 6/29/21 | $1,350,046 |
National Education Partners Inc Services | 6/29/21 | $5,481,156 |
Allied Universal Security Services Security | 6/29/21 | $1,175,383 |
Mediassociates Inc Marketing | 6/29/21 | $996,754 |
Sierra-cedar Inc Software Hosting | 6/29/21 | $1,268,438 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $15,967,493 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $412 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $15,967,905 |
Total Program Service Revenue | $50,042,532 |
Investment income | $352,513 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $52,977 |
Net Gain/Loss on Asset Sales | $2,183,257 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $68,599,184 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $1,171,773 |
Grants and other assistance to Foreign Orgs/Individuals | $25,000 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $2,511,165 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $18,033,844 |
Pension plan accruals and contributions | $970,833 |
Other employee benefits | $3,371,796 |
Payroll taxes | $1,502,701 |
Fees for services: Management | $0 |
Fees for services: Legal | $467,378 |
Fees for services: Accounting | $162,437 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $135,419 |
Fees for services: Other | $13,057,377 |
Advertising and promotion | $1,213,325 |
Office expenses | $54,948 |
Information technology | $5,462,229 |
Royalties | $0 |
Occupancy | $6,788,360 |
Travel | $246,141 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $170,775 |
Interest | $7,295,797 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,711,340 |
Insurance | $1,677,785 |
All other expenses | $2,366,034 |
Total functional expenses | $73,001,029 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,509,045 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $3,931,343 |
Net Land, buildings, and equipment | $1,109,255 |
Investments—publicly traded securities | $56,783,180 |
Investments—other securities | $0 |
Investments—program-related | $89,312,032 |
Intangible assets | $2,940,000 |
Other assets | $14,080,209 |
Total assets | $174,665,064 |
Accounts payable and accrued expenses | $6,164,375 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $64,173,505 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $108,385,484 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $178,723,364 |
Net assets without donor restrictions | -$4,058,300 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $174,665,064 |
Over the last fiscal year, System Management Group has awarded $10,584,707 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
San Diego, CA PURPOSE: OPERATIONS | $10,549,607 |
Seattle, WA PURPOSE: OPERATIONS | $35,100 |
Over the last fiscal year, we have identified 1 grants that System Management Group has recieved totaling $15,967,493.
Awarding Organization | Amount |
---|---|
National University San Diego, CA PURPOSE: OPERATIONS | $15,967,493 |
Organization Name | Assets | Revenue |
---|---|---|
System Management Group San Diego, CA | $174,665,064 | $68,599,184 |
American Charter Schools Foundation Phoenix, AZ | $87,939,377 | $45,500,400 |
Salesforce Com Foundation San Francisco, CA | $419,674,142 | $105,083,193 |
Foundation For Grossmont And Cuyamaca Colleges El Cajon, CA | $30,579,750 | $41,100,641 |
Archival Foundation Beverly Hills, CA | $70,496,412 | $21,253,596 |
Provenance Duarte, CA | $16,793,106 | $20,000,682 |
Spark Sf Public Schools San Francisco, CA | $15,254,604 | $27,199,561 |
Great Public Schools Now Los Angeles, CA | $20,013,399 | $15,067,311 |
Institute For Supply Management Inc Tempe, AZ | $18,812,365 | $12,909,076 |
Gladstone Foundation San Francisco, CA | $27,923,141 | $22,078,581 |
George Lucas Educational Foundation San Rafael, CA | $6,425,809 | $14,665,129 |
The Parasol Tahoe Community Foundation Inc Incline Village, NV | $97,913,034 | $15,633,796 |