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← ASSOCIATED STUDENTS OF STANFORD UNIVERSITY

Form 990 for tax year 2023

Filed by ASSOCIATED STUDENTS OF STANFORD UNIVERSITY.

Totals

Total revenue
$3,111,091
Total expenses
$2,096,999
Contributions and grants received
$143,468
Grants paid
$0
Program service revenue
$1,733,973
Investment income
$1,234,037
Other revenue
-$387
Total assets, end of year
$34,534,939
Total liabilities, end of year
$12,845,936
Net assets or fund balances, end of year
$21,689,003
Program services expenses (Part IX)
$1,636,695
Management and general expenses
$460,304
Fundraising expenses
$0
Program service expenses (Part III)
$1,636,695

Program services were 78.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $143,468

  • 2a · Program service revenue: STUDENT LAB

    total $416,263 · related or exempt $416,263

  • 2b · Program service revenue: STUDENT PROGRAMS AND DEVELOPMENT

    total $116,418 · related or exempt $116,418

  • 2c · Program service revenue: STUDENT FUND ADMINISTRATION FEES

    total $1,201,292 · related or exempt $1,201,292

  • 3 · Investment income

    total $1,021,318 · excluded $1,021,318

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $603,761 · other assets $20,012

  • 7b · Less cost or other basis and sales expenses

    securities $411,054

  • 7c · Gain or loss

    securities $192,707 · other assets $20,012

  • 7d · Net gain or loss

    total $212,719 · unrelated business $22,420 · excluded $190,299

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $110,312

  • 10b · Cost of goods sold

    $42,039

  • 10c · Net income from sales of inventory

    total $68,273 · related or exempt $68,273

  • 11a · Other revenue: PARTNERSHIP INCOME

    total $14,272 · unrelated business $10,090 · excluded $4,182

  • 11b · Other revenue: PARTNERSHIP EXPENSES

    total -$82,932 · unrelated business -$72,870 · excluded -$10,062

  • 11e · Other revenue, total

    -$68,660

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $114,010 · program services $92,895 · management and general $21,115

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $936,987 · program services $763,454 · management and general $173,533

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $190,171 · program services $137,973 · management and general $52,198

  • 10 · Payroll taxes

    total $0

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $95,000 · program services $95,000

  • 11c · Fees: accounting

    total $81,263 · management and general $81,263

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $63,764 · management and general $63,764

  • 11g · Fees: other

    total $309,289 · program services $309,289 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $56,843 · program services $45,564 · management and general $11,279

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $43,814 · program services $36,390 · management and general $7,424

  • 17 · Travel

    total $3,974 · program services $3,974

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $2,072 · program services $2,072

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $37,423 · program services $28,004 · management and general $9,419

  • 23 · Insurance

    total $5,802 · management and general $5,802

  • 24a · Other expenses: OTHER EXPENSE

    total $98,331 · program services $77,554 · management and general $20,777

  • 24b · Other expenses: MEETING & EVENTS

    total $54,152 · program services $42,599 · management and general $11,553

  • 24c · Other expenses: MARKETING AND PRINTING

    total $4,104 · program services $1,927 · management and general $2,177

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,274,036 · end of year $2,489,466

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $56,713 · end of year $29,792

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $93,876 · end of year $69,991

  • 9 · Prepaid expenses and deferred charges

    beginning of year $55,000 · end of year $55,000

  • 10a · Land, buildings and equipment: cost or other basis

    $855,804

  • 10b · Land, buildings and equipment: accumulated depreciation

    $613,988

  • 10c · Land, buildings and equipment, net

    beginning of year $206,612 · end of year $241,816

  • 11 · Investments: publicly traded securities

    beginning of year $26,970,453 · end of year $29,984,754

  • 12 · Investments: other securities

    beginning of year $549,954 · end of year $1,664,120

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $532,794 · end of year $533,110

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $12,299,430 · end of year $12,312,826

  • 27 · Net assets without donor restrictions

    beginning of year $17,374,420 · end of year $21,689,003

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2023

Mission

TO PROVIDE VARIOUS SERVICES TO THE STUDENTS, TO THE UNIVERSITY CAMPUS COMMUNITY AND PROVIDE AN EDUCATIONAL EXPERIENCE FOR THE STUDENTS IT EMPLOYS. THE ORGANIZATION WORKS TO REPRESENT THE INTERESTS, NEEDS AND PERSPECTIVES OF STANFORD STUDENTS AT EVERY LEVEL OF DECISION MAKING WITHIN THE UNIVERSITY. THE ORGANIZATION ADVOCATES ON BEHALF OF STANFORD STUDENTS ON ISSUES SUCH AS COST OF LIVING, DIVERSITY, STUDENT LIFE AND STUDENT ACTIVITIES SPACE. EACH YEAR THE ASSU STRIVES TO INNOVATIVE NEW PROJECTS AND CREATE NEW SERVICES THAT WILL IMPROVE THE QUALITY OF STUDENT LIFE OFFERED AT STANFORD. IT ALSO HOLD FUNDS ON BEHALF OF STUDENT GROUPS AND PROVIDES ADMINISTRATIVE, BANKING AND ACCOUNTING SERVICES OVER THE FUNDS FOR STUDENT GROUPS. THESE GROUPS IN TURN PROVIDE THE MAJORITY OF CULTURAL, POLITICAL, RECREATIONAL AND RELIGIOUS PROGRAMMING FOR THE ENTIRE CAMPUS.

Activities or mission (Part I)

TO PROVIDE VARIOUS SERVICES TO THE STUDENTS, TO THE UNIVERSITY CAMPUS COMMUNITY AND PROVIDE AN EDUCATIONAL EXPERIENCE FOR THE STUDENTS IT EMPLOYS.

  • THE ORGANIZATION PROVIDES DEVELOPMENT AND LEADERSHIP TRAINING OPPORTUNITIES TO STANFORD STUDENTS THROUGH ADMINISTRATIVE OR OPERATIONAL SUPPORT AND SERVICES TO FACULTY, STAFF OR STUDENTS, AND PROFESSIONAL SERVICES REQUIRING INDIVIDUAL EXPERTISE IN A PROFESSIONAL OR TECHNICAL FIELD; DEVELOPING AND DISTRIBUTING AN UNOFFICIAL GUIDE ON STANFORD UNIVERSITY COMMUNITY; RUNNING A STUDENT STORE WHICH PROVIDES STANFORD IMPRINTED CLOTHING, GIFTS AND SUPPLIES; AND PROMOTING NEW PROGRAMS AND IMPROVED SERVICES FOR STANFORD STUDENTS. THE ORGANIZATION ALSO PROVIDES AND ADMINISTERS FUNDS TO STUDENT ORGANIZATIONS.

    Expenses $1,636,695 · Revenue $1,733,973

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jas Espinosa

    CEO

    Total calculated
    $106,088
    From this org
    $98,865
    From related orgs
    $0
    Other
    $7,223
    Hours/week
    40

  • Darryl Thompson

    BOARD MEMBER

    Total calculated
    $4,667
    From this org
    $4,667
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5

  • Kyle Haslett

    VICE PRESIDENT

    Total calculated
    $4,250
    From this org
    $4,250
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5

  • Kristen Jackson

    BOARD MEMBER

    Total calculated
    $2,800
    From this org
    $2,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5

  • Diego Kagurabadza

    UNDERGRADUATE SENATE CHAIR

    Total calculated
    $2,400
    From this org
    $2,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5

  • Amira Dehmani

    BOARD MEMBER

    Total calculated
    $2,000
    From this org
    $2,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5

  • Aden Beyene

    BOARD MEMBER

    Total calculated
    $2,000
    From this org
    $2,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5

  • Chris West

    GRADUATE STU. COUNCIL MEMBER

    Total calculated
    $200
    From this org
    $200
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5

  • Senkai Hsia

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Johan Sotelo

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Stevie Eberle

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • katie connor

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • david gonzales

    board member

    Total calculated
    $0
    Hours/week
    0.5

  • laura cisi

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • scott hartman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • logan richard

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • bennet hauser

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • sean wheeler

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • jim McKellar

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

Provenance

Return type
form_990
Tax year
2023
Filed
29 March 2025
IRS schema version
2023v6.0
Source object
202511199349302341

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