Mba Student Association At Unc Kenan-Flagler
- Assets
- $188.9k
- Revenue
- $482.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Chapel Hill, NC
- Founding
- 03/2015
- Data as of
- 04/2023
- EIN
- 47-2897338
Organization Overview
Mba Student Association At Unc Kenan-Flagler is located in Chapel Hill, NC. The organization was established in 2015. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mba Student Association At Unc Kenan-Flagler 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 04/2023, Mba Student Association At Unc Kenan-Flagler generated $482.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $566.3k during the year ending 04/2023. While expenses have increased by 3.2% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MBA STUDENT ASSOCIATION AT UNC KENAN-FLAGLER (MBASA) STRIVES TO ENSURE THAT THE MBA PROGRAM AT THE UNC KENAN-FLAGLER BUSINESS SCHOOL PROVIDES ITS STUDENTS WITH A HIGH-QUALITY EDUCATIONAL EXPERIENCE AIMED AT PRODUCING FUTURE BUSINESS LEADERS WHO ARE WELL-EDUCATED, MAINTAIN A GLOBAL PERSPECTIVE AND ENJOY BALANCED LIFESTYLES; CAREER OPPORTUNITIES WHICH FIT THE NEEDS OF STUDENTS; AND NONACADAMIC ACTIVITIES ESSENTIAL TO BECOMING SUCCESSFUL BUSINESS LEADERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRADUATION: THE MBASA AT UNC KENAN-FLAGLER ASSISTS THE KENAN-FLAGLER BUSINESS SCHOOL IN HOSTING GRADUATION EVENTS FOR STUDENTS AND THEIR FAMILIES. THE MBASA HOSTS AN ANNUAL RECEPTION AT THE PRESIDENT'S CLUB ON THE CAMPUS OF THE UNIVERSITY OF NORTH CAROLINA. THIS EVENT BRINGS TOGETHER STUDENTS AND FAMILIES FROM ACROSS THE GLOBE AS THEY CELEBRATE THE ACCOMPLISHMENTS OF OUR GRADUATES.
THE REMAINDER OF OUR PROGRAMS ARE SMALLER EVENTS. THEY CONSIST OF EVENTS TO SUPPORT DIVERSITY AND INCLUSION CLUBS, WHICH PROVIDE SUPPORT FOR DIVERSE STUDENTS AND PUT ON EDUCATIONAL EVENTS RELATED TO THEIR RESPECTIVE GROUP, AS WELL AS EVENTS TO SUPPORT CAREER CLUBS, WHICH PROVIDE EDUCATION AND SUPPORT TO STUDENTS RECRUITING INTO A PARTICULAR INDUSTRY. WE ALSO DO A NUMBER OF SMALLER SOCIAL EVENTS AND SUPPORT A NUMBER OF CONFERENCES ON CAMPUS, SUCH AS THE KENAN FLAGLER HEALTHCARE CONFERENCE AND THE CAROLINA WOMEN IN BUSINESS CAMPUS, RELATED TO A CAREER FOCUS AREA OR TO DIVERSITY AND INCLUSION IN BUSINESS.
SPRING FORMAL: THE MBASA AT UNC KENAN-FLAGLER ASSISTS THE BUSINESS SCHOOL IN HOSTING TWO MAJOR FORMAL SOCIAL EVENTS. THE SPRING FORMAL PROVIDES OPPORTUNITY FOR FIRST YEAR AND SECOND YEAR STUDENTS TO SOCIALIZE WITH ONE ANOTHER. THE EVENT IS OPEN TO SPOUSES AND SIGNIFICANT OTHERS.
WINTER FORMAL: THE MBASA AT UNC KENAN-FLAGLER ASSISTS THE BUSINESS SCHOOL IN HOSTING TWO MAJOR FORMAL SOCIAL EVENTS. THE WINTER FORMAL PROVIDES OPPORTUNITY FOR FIRST YEAR AND SECOND YEAR STUDENTS TO SOCIALIZE WITH ONE ANOTHER AROUND THE HOLIDAY SEASON. THE EVENT IS OPEN TO SPOUSES AND SIGNIFICANT OTHERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Claire Barnett Chair | OfficerTrustee | 2 | $0 |
Alex Wilson Chair (to Sep '22) | OfficerTrustee | 2 | $0 |
Mollie Kelly Secretary (from Sep '22) | OfficerTrustee | 4 | $0 |
Ryan Love Secretary (to Sep '22) | OfficerTrustee | 4 | $0 |
Elizabeth Beecy Director (from Sep '22) | Trustee | 2 | $0 |
Amanda Braun Director (to Sep '22) | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $178,650 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $123,533 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $302,183 |
| Total Program Service Revenue | $147,977 |
| Investment income | $38 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,800 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $9,006 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $482,699 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,320 |
| Grants and other assistance to domestic individuals. | $16,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,180 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,774 |
| Advertising and promotion | $0 |
| Office expenses | $392 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,505 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $470,418 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $50,696 |
| Total functional expenses | $566,285 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $164,096 |
| 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 | $24,789 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $188,885 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | -$1,171 |
| Net assets with donor restrictions | $190,056 |
| 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 | $188,885 |