Civic Intelligence

Westfield State University Foundation Inc.

990 • Fiscal year 2022 • EIN 04-2701694

Jul 01, 2021 to Jun 30, 2022 • Filed on Feb 23, 2023

Organization ProfileWESTFIELD.MA.EDU
333 Western AvenueWestfield, MA 01085

(413) 572-5489

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

20th percentile

0.02x

Higher debt load relative to assets than 20% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

40th percentile

0.15x

Higher debt load relative to revenue than 40% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

87th percentile

45%

Higher net margin than 87% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

69th percentile

$243,837

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 11.4% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

20th percentile

-9.8%

Faster asset growth than 20% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

7th percentile

-49%

Faster revenue growth than 7% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets20th percentile

Assets

Down

$16,430,810

Down $1,784,412 (-9.8%) from 2021

Net Assets

Down

$16,112,802

Down $1,825,880 (-10%) from 2021

Liabilities

Up

$318,008

Up $41,468 (+15%) from 2021

Revenue And Expenses
Liabilities / Revenue40th percentileNet Margin87th percentile

Revenue

Down

$2,142,459

Down $2,085,654 (-49%) from 2021

Expenses

Up

$1,179,862

Up $331,754 (+39%) from 2021

Net Income

Down

$962,597

Down $2,417,408 (-72%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $4,893,340Liabilities 2010: $951,145Net Assets 2010: $3,942,1952010Assets 2011: $5,892,372Liabilities 2011: $1,072,497Net Assets 2011: $4,819,8752011Assets 2012: $5,621,317Liabilities 2012: $660,828Net Assets 2012: $4,960,4892012Assets 2013: $6,160,442Liabilities 2013: $696,487Net Assets 2013: $5,463,9552013Assets 2014: $7,005,658Liabilities 2014: $527,560Net Assets 2014: $6,478,0982014Assets 2015: $7,234,293Liabilities 2015: $504,758Net Assets 2015: $6,729,5352015Assets 2016: $8,468,126Liabilities 2016: $425,990Net Assets 2016: $8,042,1362016Assets 2017: $10,411,923Liabilities 2017: $393,524Net Assets 2017: $10,018,3992017Assets 2018: $10,486,002Liabilities 2018: $306,856Net Assets 2018: $10,179,1462018Assets 2019: $11,400,156Liabilities 2019: $234,472Net Assets 2019: $11,165,6842019Assets 2020: $11,811,264Liabilities 2020: $249,213Net Assets 2020: $11,562,0512020Assets 2021: $18,215,222Liabilities 2021: $276,540Net Assets 2021: $17,938,6822021Assets 2022: $16,430,810Liabilities 2022: $318,008Net Assets 2022: $16,112,8022022Assets 2023: $18,693,573Liabilities 2023: $326,218Net Assets 2023: $18,367,3552023Assets 2024: $21,806,518Liabilities 2024: $314,860Net Assets 2024: $21,491,6582024

Highlighted filing

2022

Assets$16,430,810
Liabilities$318,008
Net Assets$16,112,802
Open 2022 Filing

Operations Trend

Revenue Growth7th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,417,6862010Revenue 2011: $915,029Expenses 2011: $690,619Net Income 2011: $224,4102011Expenses 2012: $621,7962012Revenue 2013: $745,204Expenses 2013: $766,452Net Income 2013: -$21,2482013Revenue 2014: $764,437Expenses 2014: $636,346Net Income 2014: $128,0912014Revenue 2015: $2,412,736Expenses 2015: $657,919Net Income 2015: $1,754,8172015Revenue 2016: $2,374,994Expenses 2016: $976,657Net Income 2016: $1,398,3372016Revenue 2017: $2,624,420Expenses 2017: $1,299,368Net Income 2017: $1,325,0522017Revenue 2018: $1,679,154Expenses 2018: $1,970,501Net Income 2018: -$291,3472018Revenue 2019: $1,645,306Expenses 2019: $1,025,769Net Income 2019: $619,5372019Revenue 2020: $1,288,350Expenses 2020: $853,937Net Income 2020: $434,4132020Revenue 2021: $4,228,113Expenses 2021: $848,108Net Income 2021: $3,380,0052021Revenue 2022: $2,142,459Expenses 2022: $1,179,862Net Income 2022: $962,5972022Revenue 2023: $2,361,466Expenses 2023: $1,402,589Net Income 2023: $958,8772023Revenue 2024: $3,515,390Expenses 2024: $1,665,213Net Income 2024: $1,850,1772024

Highlighted filing

2022

Revenue$2,142,459
Expenses$1,179,862
Net Income$962,597
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Feb 23, 2023
Return Version
2021v4.2
Gross Receipts
$2,248,058
Mission and Program Overview

Mission

The foundation is charged with receiving donations, investing, and making expenditures exclusively for the benefit of westfield state university, and particularly both to provide scholarships and to sponsor educational activities.

To support westfield state university through active fundraising and advocacy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$16,607,203$14,261,061▼ $2,346,142
Cash and Non-Interest-Bearing Accounts$985,688$1,493,184▲ $507,496
Land, Buildings, and Equipment, Net$417,176$407,421▼ $9,755
Pledges and Grants Receivable$188,922$239,213▲ $50,291
Prepaid Expenses and Deferred Charges$2,470$16,165▲ $13,695
Savings and Temporary Cash Investments$13,763$13,766▲ $3
Total Assets$18,215,222$16,430,810▼ $1,784,412
Liabilities
Other Liabilities$261,762$294,224▲ $32,462
Deferred Revenue$12,660$21,325▲ $8,665
Accounts Payable and Accrued Expenses$2,118$2,459▲ $341
Total Liabilities$276,540$318,008▲ $41,468
Net Assets / Fund Balance
Net Assets With Donor Restrictions$17,482,536$15,579,387▼ $1,903,149
Net Assets Without Donor Restrictions$456,146$533,415▲ $77,269
Total Net Assets Fund Balance$17,938,682$16,112,802▼ $1,825,880
Total Liabilities and Net Assets / Fund Balance$18,215,222$16,430,810▼ $1,784,412

Asset Categories

AssetBook ValueDepreciationBasis
Land$360,877-$360,877
Buildings$46,544$185,983$232,527
Equipment$0$66,599$66,599

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$13,213,677$1,295,838▼ $2,047,326$618,874$11,843,315
2020$7,761,884$3,093,484▲ $2,667,792$309,483$13,213,677
2019$7,303,394$396,403▲ $310,207$248,120$7,761,884
2018$6,745,015$390,743▲ $467,211$299,575$7,303,394
2017$5,507,056$972,587▲ $503,943$238,571$6,745,015
Compensation and Service Providers
Top Officer Pay69th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Dr Linda ThompsonDirector-$143,968$143,968
Lisa McmahonInterim Executive DirectorPT$125,194$125,194
Dr John a DempseyDirector-$105,901$105,901

Board Members and Trustees

NameTitle
Elizabeth ScheibelChair
Andrew T OleksakPast Chair
George FlevotomosVice Chair
Andrea M PiankaDirector
Carlton PickronDirector
Daniel CurrierDirector
Dr Robert J MaharDirector
Eileen S RockwalDirector
Heather WitaliszDirector
Isabelina RodriguezDirector
James G HuffmireDirector
James VelisDirector
John J TorroneDirector
John P MorizioDirector
Joshua ClarkDirector
Kevin R QueeninDirector
Lawrence GwozdzDirector
Mark a LambertDirector
Melissa AlvaradoDirector
Ralph StudleyDirector
Sharon CzarneckiDirector
Sheridan F CareyDirector
Erica BromanFormer Director
Roy SaigoFormer Director
John DaviesClerk
James KrupienskiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,697,055
Program Service Revenue
$0
Investment Income
$378,275
Other Revenue
$67,129
All Other Contributions
$1,640,749
Change in Net Assets
$962,597

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,106,521
Revenue Not Reported on Financial Statements
$35,938
Revenue Not Reported on Form 990
$-2,558,583
Total Revenue per Audited Statements
$-452,062
Total Revenue per Form 990
$2,142,459
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,079,415
Other Expenses$100,447
Total Fundraising Expense$13,375
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$577,822--$577,822
Grants to Domestic Orgs$501,593--$501,593
Fees for Service Investment Mgmnt Fees-$35,938-$35,938
Fees for Services Accounting-$22,550-$22,550
Depreciation Depletion-$9,755-$9,755
Insurance-$7,080-$7,080
Other Expenses-$6,815$11,444$6,815
Office Expenses-$4,628-$4,628
All Other Expenses--$1,931$1,931
Advertising-$306-$306
Total Functional Expenses$1,079,415$87,072$13,375$1,179,862

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,373,818
Total Expenses per Form 990$1,179,862
Expenses per Audited Statements$1,143,924
Expenses Not Reported on Form 990$229,894
Expenses Not Reported on Financial Statements$35,938
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Westfield State UniversityWestfield, MASection 115To Support the Programs of Westfield State University.$494,071
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$68,894
Fundraising Gross Income$65,194
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Owl Golf Tournament$32,315$15,050$4,150$10,900
Golf Tournament$30,641$10,840$3,364$7,476
Total Events$121,500$65,194$68,894$-3,700
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Agency Funds Held$294,224
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“A copy of the form 990 is made available to the board of directors by management.”

Form 990, Part VI, Section B, Line 12C

“If there is a potential conflict of interest, the governing board will investigate the matter, afford the person(s) with the potential conflict of interest to explain the situation, and then determine if action is necessary.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public by request.”

Filing and Contact Details

Filer

Filer Name
Westfield State Foundation Inc
EIN
04-2701694
Phone
4135725489
Address
333 WESTERN AVENUE, WESTFIELD, MA 01085

Signing Officer

Name
James Krupienski
Title
Treasurer
Phone
4135725489
Signed
2023-02-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lisa Mcmahon
Formed
1980
Legal Domicile
Ma
Voting Board Members
25
Independent Board Members
24
Employees
0
Volunteers
110

Preparer

Firm
O'CONNOR & DREW PC
Address
25 BRAINTREE HILL OFFICE PARK SUITE, 102, BRAINTREE, MA 02184
Preparer
David a Diiulis
Phone
6174711120
Supplemental Narrative

Additional Explanations

Form 990 Part XII, Line 2C

“The organization's financial statement oversight process and selection of the independent accountant process has not changed during the year.”

Financial Statement Notes

PART V, LINE 4:

“Endowment funds held by the foundation are largely restricted to providing student scholarships and support for programs of westfield state university.”

PART X, LINE 2:

“Generally accepted accounting principles practiced in the united states of america require an entity to assess the probability that a tax position has a "more likely than not" (mltn) sustainability after review by tax authorities. If a tax position is deemed not to meet this threshold, any unrecognized tax benefits and costs are estimated and recognized. Tax returns are routinely open for review by the tax authorities for three years from their due date. In certain circumstances, the statute of limitations may remain open indefinitely. As a not-for-profit entity exempt for income taxes, the foundation may, however, be subject to tax on unrelated business income.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expense 68,894.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expense 68,894.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm6SHERIDAN F CAREY
IRS990/Form990PartVIISectionAGrp/PersonNm7DR JOHN A DEMPSEY
IRS990/Form990PartVIISectionAGrp/PersonNm8LAWRENCE GWOZDZ
IRS990/Form990PartVIISectionAGrp/PersonNm9JAMES G HUFFMIRE
IRS990/Form990PartVIISectionAGrp/PersonNm10MARK A LAMBERT
IRS990/Form990PartVIISectionAGrp/PersonNm11DR ROBERT J MAHAR
IRS990/Form990PartVIISectionAGrp/PersonNm12JOHN P MORIZIO
IRS990/Form990PartVIISectionAGrp/PersonNm13ANDREA M PIANKA
IRS990/Form990PartVIISectionAGrp/PersonNm14KEVIN R QUEENIN
IRS990/Form990PartVIISectionAGrp/PersonNm15EILEEN S ROCKWAL
IRS990/Form990PartVIISectionAGrp/PersonNm16JOHN J TORRONE
IRS990/Form990PartVIISectionAGrp/PersonNm17JAMES VELIS
IRS990/Form990PartVIISectionAGrp/PersonNm18HEATHER WITALISZ
IRS990/Form990PartVIISectionAGrp/PersonNm19MELISSA ALVARADO
IRS990/Form990PartVIISectionAGrp/PersonNm20JOSHUA CLARK
IRS990/Form990PartVIISectionAGrp/PersonNm21DANIEL CURRIER
IRS990/Form990PartVIISectionAGrp/PersonNm22SHARON CZARNECKI
IRS990/Form990PartVIISectionAGrp/PersonNm23CARLTON PICKRON
IRS990/Form990PartVIISectionAGrp/PersonNm24ISABELINA RODRIGUEZ
IRS990/Form990PartVIISectionAGrp/PersonNm25RALPH STUDLEY
IRS990/Form990PartVIISectionAGrp/PersonNm26DR LINDA THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm27ROY SAIGO
IRS990/Form990PartVIISectionAGrp/PersonNm28ERICA BROMAN
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt27167783
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt28222377
IRS990/Form990PartVIISectionAGrp/TitleTxt0PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt5INTERIM EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27FORMER DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28FORMER DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01980
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt056306
IRS990/FundraisingDirectExpensesAmt068894
IRS990/FundraisingGrossIncomeAmt065194
IRS990/GainOrLossGrp/SecuritiesAmt0-767
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt025
IRS990/GrantAmt0577822
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0577822
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IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0501593
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0501593
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt035938
IRS990/GrossReceiptsAmt02248058
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt024
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt07080
IRS990/InsuranceGrp/TotalAmt07080
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0379042
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt016607203
IRS990/InvestmentsPubTradedSecGrp/EOYAmt014261061
IRS990/IRPDocumentCnt032
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0252582
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0417176
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0407421
IRS990/LandBldgEquipCostOrOtherBssAmt0660003
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt036705
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE FOUNDATION IS CHARGED WITH RECEIVING DONATIONS, INVESTING, AND MAKING EXPENDITURES EXCLUSIVELY FOR THE BENEFIT OF WESTFIELD STATE UNIVERSITY, AND PARTICULARLY BOTH TO PROVIDE SCHOLARSHIPS AND TO SPONSOR EDUCATIONAL ACTIVITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/OtherExpensesGrp/Desc0LICENSE FEES
IRS990/OtherExpensesGrp/Desc1BANK FEES
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IRS990/OtherLiabilitiesGrp/EOYAmt0294224
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IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
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IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02470
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IRS990/PrincipalOfficerNm0LISA MCMAHON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0ON-BEHALF PAYMENTS TO WESTFIELD STATE UNIVERSITY AND GRANTS TO VARIOUS DEPARTMENTS FOR ACADEMIC PROJECTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0501593
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0501593
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IRS990/PYOtherExpensesAmt096997
IRS990/PYOtherRevenueAmt035368

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,430,810
Liabilities
$318,008
Net assets
$16,112,802
Revenue
$2,142,459
Expenses
$1,179,862
Net income
$962,597
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$21.8$0.31$21.5$3.52$1.67$1.85
2023Detailed filing. Detailed filing data is available for this year.$18.7$0.33$18.4$2.36$1.40$0.96
2022Detailed filing. Detailed filing data is available for this year.$16.4$0.32$16.1$2.14$1.18$0.96
2021Detailed filing. Detailed filing data is available for this year.$18.2$0.28$17.9$4.23$0.85$3.38
2020Detailed filing. Detailed filing data is available for this year.$11.8$0.25$11.6$1.29$0.85$0.43
2019Detailed filing. Detailed filing data is available for this year.$11.4$0.23$11.2$1.65$1.03$0.62
2018Detailed filing. Detailed filing data is available for this year.$10.5$0.31$10.2$1.68$1.97$0.29
2017Summary only. Only limited summary data is available for this year.$10.4$0.39$10.0$2.62$1.30$1.33
2016Detailed filing. Detailed filing data is available for this year.$8.47$0.43$8.04$2.37$0.98$1.40
2015Detailed filing. Detailed filing data is available for this year.$7.23$0.50$6.73$2.41$0.66$1.75
2014Detailed filing. Detailed filing data is available for this year.$7.01$0.53$6.48$0.76$0.64$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.16$0.70$5.46$0.75$0.77$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.62$0.66$4.96$0.62
2011Summary only. Only limited summary data is available for this year.$5.89$1.07$4.82$0.92$0.69$0.22
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.89$0.95$3.94$1.42