Civic Intelligence

Langston University Foundation

990 • Fiscal year 2023 • EIN 11-3815948

Jul 01, 2022 to Jun 30, 2023 • Filed on May 07, 2024

PO Box 725Langston, OK 73050

(405) 466-3232

Siviq Scores

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

Liabilities / Assets

20th percentile

0.01x

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

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

24th percentile

0.05x

Higher debt load relative to revenue than 24% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

92nd percentile

54%

Higher net margin than 92% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

37th percentile

$96,816

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

74th percentile

17%

Faster asset growth than 74% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

86th percentile

51%

Faster revenue growth than 86% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Up

$6,829,628

Up $1,015,048 (+17%) from 2022

Net Assets

Up

$6,760,764

Up $964,382 (+17%) from 2022

Liabilities

Up

$68,864

Up $50,666 (+278%) from 2022

Revenue

Up

$1,448,784

Up $490,282 (+51%) from 2022

Expenses

Down

$667,668

Down $18,076 (-2.6%) from 2022

Net Income

Up

$781,116

Up $508,358 (+186%) from 2022

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $1,318,884Liabilities 2010: $0Net Assets 2010: $1,318,8842010Assets 2011: $1,871,463Liabilities 2011: $0Net Assets 2011: $1,871,4632011Assets 2012: $1,829,189Liabilities 2012: $0Net Assets 2012: $1,829,1892012Assets 2013: $2,163,473Liabilities 2013: $0Net Assets 2013: $2,163,4732013Assets 2014: $3,940,198Liabilities 2014: $0Net Assets 2014: $3,940,1982014Assets 2015: $4,237,669Liabilities 2015: $13,872Net Assets 2015: $4,223,7972015Assets 2016: $4,137,254Liabilities 2016: $2,784Net Assets 2016: $4,134,4702016Assets 2017: $4,361,865Liabilities 2017: $17,170Net Assets 2017: $4,344,6952017Assets 2018: $4,699,403Liabilities 2018: $15,105Net Assets 2018: $4,684,2982018Assets 2019: $4,955,019Liabilities 2019: $38,338Net Assets 2019: $4,916,6812019Assets 2020: $5,046,910Liabilities 2020: $17,121Net Assets 2020: $5,029,7892020Assets 2021: $6,111,523Liabilities 2021: $14,924Net Assets 2021: $6,096,5992021Assets 2022: $5,814,580Liabilities 2022: $18,198Net Assets 2022: $5,796,3822022Assets 2023: $6,829,628Liabilities 2023: $68,864Net Assets 2023: $6,760,7642023Assets 2024: $7,822,265Liabilities 2024: $18,018Net Assets 2024: $7,804,2472024

Highlighted filing

2023

Assets$6,829,628
Liabilities$68,864
Net Assets$6,760,764

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $163,2562010Revenue 2011: $542,618Expenses 2011: $141,393Net Income 2011: $401,2252011Revenue 2012: $474,635Expenses 2012: $444,209Net Income 2012: $30,4262012Revenue 2013: $704,426Expenses 2013: $375,660Net Income 2013: $328,7662013Revenue 2014: $2,327,375Expenses 2014: $550,785Net Income 2014: $1,776,5902014Revenue 2015: $912,815Expenses 2015: $390,881Net Income 2015: $521,9342015Revenue 2016: $624,540Expenses 2016: $678,497Net Income 2016: -$53,9572016Revenue 2017: $699,201Expenses 2017: $623,417Net Income 2017: $75,7842017Revenue 2018: $828,387Expenses 2018: $553,869Net Income 2018: $274,5182018Revenue 2019: $1,373,400Expenses 2019: $1,018,137Net Income 2019: $355,2632019Revenue 2020: $1,074,904Expenses 2020: $966,234Net Income 2020: $108,6702020Revenue 2021: $1,380,261Expenses 2021: $888,783Net Income 2021: $491,4782021Revenue 2022: $958,502Expenses 2022: $685,744Net Income 2022: $272,7582022Revenue 2023: $1,448,784Expenses 2023: $667,668Net Income 2023: $781,1162023Revenue 2024: $1,614,634Expenses 2024: $933,448Net Income 2024: $681,1862024

Highlighted filing

2023

Revenue$1,448,784
Expenses$667,668
Net Income$781,116
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 7, 2024
Return Version
2022v5.0
Gross Receipts
$2,690,415
Mission and Program Overview

Mission

Langston university foundation, inc. Is a volunteer group entrusted with the oversight of fundraising to benefit langston university. The foundation provides volunteer support to the university's development and fundraising programs. In addition, the board monitors the administration of the assets of the foundation, resulting in a broadening of opportunities for learning by students and a continued investing in faculty and staff.

See sch. Olangston university foundation is a volunteer group entrusted with the oversight of fundraising to benefit langston university. The foundation provides volunteer support to the university's development and fundraising programs. In addition, the board monitors the administration of the assets of the foundation, resulting in a broadening of opportunities for learning by students and continued investing in faculty and staff.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,114,976$3,774,090▲ $659,114
Cash and Non-Interest-Bearing Accounts$2,184,041$2,632,022▲ $447,981
Savings and Temporary Cash Investments$292,866$288,803▼ $4,063
Pledges and Grants Receivable$209,678$121,694▼ $87,984
Land, Buildings, and Equipment, Net$13,019$13,019→ $0
Total Assets$5,814,580$6,829,628▲ $1,015,048
Liabilities
Accounts Payable and Accrued Expenses$18,198$68,864▲ $50,666
Total Liabilities$18,198$68,864▲ $50,666
Net Assets / Fund Balance
Net Assets With Donor Restrictions$5,910,246$6,963,252▲ $1,053,006
Net Assets Without Donor Restrictions$-113,864$-202,488▼ $88,624
Total Net Assets Fund Balance$5,796,382$6,760,764▲ $964,382
Total Liabilities and Net Assets / Fund Balance$5,814,580$6,829,628▲ $1,015,048

Asset Categories

AssetBook ValueDepreciationBasis
Land$13,019-$13,019

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$3,753,671$407,373▲ $326,435-$4,468,852
2021$4,044,741$128,249▼ $399,307-$3,753,671
2020$3,131,130$146,456▲ $635,641$-131,514$4,044,741
2019$2,965,779$43,147▲ $135,114$12,910$3,131,130
2018$2,799,994$56,346▲ $109,439-$2,965,779
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Marlon JamesExecutive DirectorFT$96,816$96,816

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,705,770
Program Service Revenue
$15,000
Investment Income
$179,359
Other Revenue
$-451,345
All Other Contributions
$1,386,940
Change in Net Assets
$781,116

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,919,501
Revenue Not Reported on Financial Statements
$-470,717
Revenue Not Reported on Form 990
$287,466
Other Revenue Adjustments
$-491,361
Total Revenue per Audited Statements
$2,206,967
Total Revenue per Form 990
$1,448,784
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$494,607
Other Expenses$169,857
Total Fundraising Expense$7,901
Professional Fundraising Fees$3,204
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$305,717--$305,717
Grants to Domestic Individuals$188,890--$188,890
Office Expenses-$49,611-$49,611
Fees for Services Accounting-$31,034-$31,034
Fees for Service Investment Mgmnt Fees-$20,644-$20,644
Information Technology-$8,928-$8,928
Advertising-$1,670$3,161$4,831
Fees for Services Professional Fundraising--$3,204$3,204
Conferences and Meetings-$2,088-$2,088
Travel-$1,091$110$1,201
Fees for Services Other--$1,079$1,079
Insurance-$535-$535
Other Expenses-$1,226$347$347
Fees for Services Legal-$35-$35
Total Functional Expenses$494,607$165,160$7,901$667,668

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,242,585
Total Expenses per Form 990$667,668
Expenses per Audited Statements$647,024
Expenses Not Reported on Form 990$595,561
Expenses Not Reported on Financial Statements$20,644
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Langston UniversityLangston, OK115General Support$305,717
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$491,361
Fundraising Gross Income$40,016
Professional Fundraising Fees$3,204

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala Event$358,846$40,016-$40,016
Total Events$358,846$40,016$453,154$-413,138
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
No
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 A, Line 7A

Five of the members of the board of directors are elected upon nomination by the president of langston university.

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

A copy of form 990 will be reviewed by the executive director and the chairman of the board before filing. A copy of the form 990 will be presented at the next board of director's meeting.

Form 990, Part VI, Section C, Line 19

Members of the public who are interested in reviewing our governing documents, conflict of interest policy, and financial statements can contact our office and schedule a time to review our documents.

Filing and Contact Details

Filer

Filer Name
Langston University Foundation
EIN
11-3815948
Phone
4054663232
Address
PO BOX 725, LANGSTON, OK 73050

Signing Officer

Name
Joshua Busby
Title
Interim Executive Director
Phone
4054663232
Signed
2024-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joshua Busby
Formed
2007
Legal Domicile
Ok
Voting Board Members
8
Independent Board Members
8
Employees
1
Volunteers
30

Preparer

Firm
Cliftonlarsonallen Llp
Address
8390 EAST CRESCENT PARKWAY SUITE, 300, GREENWOOD VILLAGE, CO 80111
Preparer
Sarah Hintz
Phone
3037795710
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 2B

The organization had 1 employee from january - march 2022, so while there is 1 w-2 for 2022, there is no salary, payroll taxes or benefits expense reported on page 10.

Financial Statement Notes

PART V, LINE 4:

The foundation's endowment consists of a donor's gift to langston university that was subsequently transferred to the foundation and established as an endowment fund to participate in the oklahoma state regents for higher education's endowment matching program. As required for the program, the universities are required to maintain a specified minimum amount of funds in perpetuity for a specific endowed professorship chair.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Fundraising expenses -491,361.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 491,361.

Raw XML AppendixShowing 400 of 517 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt018198
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt068864
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SEE SCH. OLANGSTON UNIVERSITY FOUNDATION IS A VOLUNTEER GROUP ENTRUSTED WITH THE OVERSIGHT OF FUNDRAISING TO BENEFIT LANGSTON UNIVERSITY. THE FOUNDATION PROVIDES VOLUNTEER SUPPORT TO THE UNIVERSITY'S DEVELOPMENT AND FUNDRAISING PROGRAMS. IN ADDITION, THE BOARD MONITORS THE ADMINISTRATION OF THE ASSETS OF THE FOUNDATION, RESULTING IN A BROADENING OF OPPORTUNITIES FOR LEARNING BY STUDENTS AND CONTINUED INVESTING IN FACULTY AND STAFF.
IRS990/AdvertisingGrp/FundraisingAmt03161
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01670
IRS990/AdvertisingGrp/TotalAmt04831
IRS990/AllOtherContributionsAmt01386940
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JOSHUA BUSBY
IRS990/BooksInCareOfDetail/PhoneNum04054663232
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 725
IRS990/BooksInCareOfDetail/USAddress/CityNm0LANGSTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OK
IRS990/BooksInCareOfDetail/USAddress/ZIPCd073050
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt02184041
IRS990/CashNonInterestBearingGrp/EOYAmt02632022
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt02088
IRS990/ConferencesMeetingsGrp/TotalAmt02088
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt0318830
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01705770
IRS990/CYGrantsAndSimilarPaidAmt0494607
IRS990/CYInvestmentIncomeAmt0179359
IRS990/CYOtherExpensesAmt0169857
IRS990/CYOtherRevenueAmt0-451345
IRS990/CYProgramServiceRevenueAmt015000
IRS990/CYRevenuesLessExpensesAmt0781116
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0667668
IRS990/CYTotalFundraisingExpenseAmt07901
IRS990/CYTotalProfFndrsngExpnsAmt03204
IRS990/CYTotalRevenueAmt01448784
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0LANGSTON UNIVERSITY SCHOOL AND DEPARTMENT SUPPORT: THE LANGSTON UNIVERSITY FOUNDATION SOLICITS DONATIONS TO SUPPORT THE VARIOUS SCHOOLS, PROGRAMS OF STUDY, AND DEPARTMENTS AT LANGSTON UNIVERSITY TO ASSIST THE FACULTY IN PROVIDING THE HIGHEST QUALITY OF EDUCATION TO THEIR STUDENTS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt05910246
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt06963252
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0305717
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt031034
IRS990/FeesForServicesAccountingGrp/TotalAmt031034
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt035
IRS990/FeesForServicesLegalGrp/TotalAmt035
IRS990/FeesForServicesOtherGrp/FundraisingAmt01079
IRS990/FeesForServicesOtherGrp/TotalAmt01079
IRS990/FeesForServicesProfFundraising/FundraisingAmt03204
IRS990/FeesForServicesProfFundraising/TotalAmt03204
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt020644
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt020644
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt16816
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0DARRELL JEFFLO
IRS990/Form990PartVIISectionAGrp/PersonNm1MARLON JAMES
IRS990/Form990PartVIISectionAGrp/PersonNm2VANESSA BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm3ANTHONY HILL
IRS990/Form990PartVIISectionAGrp/PersonNm4DR WAYNE JONES
IRS990/Form990PartVIISectionAGrp/PersonNm5JOEL-LYN A MCCORMICH
IRS990/Form990PartVIISectionAGrp/PersonNm6CHARIFA SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm7DAVID STEPHENS
IRS990/Form990PartVIISectionAGrp/PersonNm8HON KENNETH C WATSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0318830
IRS990/FundraisingDirectExpensesAmt0491361
IRS990/FundraisingGrossIncomeAmt040016
IRS990/GainOrLossGrp/SecuritiesAmt092953
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantAmt0305717
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0188890
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0188890
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0305717
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0305717
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0843223
IRS990/GrossReceiptsAmt02690415
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt08928
IRS990/InformationTechnologyGrp/TotalAmt08928
IRS990/InsuranceGrp/ManagementAndGeneralAmt0535
IRS990/InsuranceGrp/TotalAmt0535
IRS990/InvestmentIncomeGrp/ExclusionAmt086406
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt086406
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03114976
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03774090
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt013019
IRS990/LandBldgEquipBasisNetGrp/EOYAmt013019
IRS990/LandBldgEquipCostOrOtherBssAmt013019
IRS990/LegalDomicileStateCd0OK
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0750270
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO RAISE MONEY TO SUPPORT LANGSTON UNIVERSITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt05796382
IRS990/NetAssetsOrFundBalancesEOYAmt06760764
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt092953
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt092953
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-451345
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-451345
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0183266
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-113864
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-202488
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt049611
IRS990/OfficeExpensesGrp/TotalAmt049611
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc2FACILITIES AND EQUIPMEN
IRS990/OtherExpensesGrp/FundraisingAmt0347
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt048298
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11226
IRS990/OtherExpensesGrp/TotalAmt048298
IRS990/OtherExpensesGrp/TotalAmt11226
IRS990/OtherExpensesGrp/TotalAmt2347
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0209678
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0121694
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JOSHUA BUSBY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0SPECIAL CAUSES / INITI
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt015000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt015000
IRS990/ProgSrvcAccomActy2Grp/Desc0SCHOLARSHIPS: THE LANGSTON UNIVERSITY FOUNDATION SOLICITS DONATIONS FROM ALUMNI AND FRIENDS OF LANGSTON UNIVERSITY FOR SCHOLARSHIPS TO SUPPORT DESERVING STUDENTS AT LANGSTON UNIVERSITY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0188890
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0188890
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt015000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01109687
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0504410
IRS990/PYInvestmentIncomeAmt0121235
IRS990/PYOtherExpensesAmt0155846
IRS990/PYOtherRevenueAmt0-272605
IRS990/PYProgramServiceRevenueAmt0185
IRS990/PYRevenuesLessExpensesAmt0272758
IRS990/PYSalariesCompEmpBnftPaidAmt023143
IRS990/PYTotalExpensesAmt0685744
IRS990/PYTotalProfFndrsngExpnsAmt02345
IRS990/PYTotalRevenueAmt0958502
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0781116
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0292866
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0288803
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2018 AMOUNT: $ 91,987. 2019 AMOUNT: $ 13,308. 2021 AMOUNT: $ 2,006. SPECIAL EVENT REVENUE - 2018 AMOUNT: $ 43,500. 2019 AMOUNT: $ 43,500. 2020 AMOUNT: $ 12,945. 2021 AMOUNT: $ 57,153. 2022 AMOUNT: $ 40,016.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01705770
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01109687
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01256714
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01002364
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01123862
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06198397
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt086406
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt053770
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt051926
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt063212
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt053765
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0309079
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt040016
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt059159
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt012945
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt056808
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0135487
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0304415
IRS990ScheduleA/PublicSupportCY170Pct00.86290
IRS990ScheduleA/PublicSupportPY170Pct00.89690
IRS990ScheduleA/PublicSupportTotal170Amt05877691
IRS990ScheduleA/SubstantialContributorsTotAmt0320706
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01705770
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01109687
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01256714
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01002364
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01123862
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06198397
IRS990ScheduleA/TotalSupportAmt06811891
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt018627
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt03753671
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0407373
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt04468852
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0326435
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt019918
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt04044741
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0128249
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt03753671
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-399307
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt03131130
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0146456
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt04044741
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0635641
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0-131514
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02965779
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt043147
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt03131130
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0135114
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt012910
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02799994
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt056346
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02965779
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0109439
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0104200
IRS990ScheduleD/DonatedServicesUseFcltsAmt0104200
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt0595561
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt020644
IRS990ScheduleD/ExpensesSubtotalAmt0647024
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt020644
IRS990ScheduleD/InvestmentExpensesNotIncldAmt020644
IRS990ScheduleD/LandGrp/BookValueAmt013019
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt013019
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0183266
IRS990ScheduleD/OtherExpensesIncludedAmt0491361
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-491361
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.67572
IRS990ScheduleD/RevenueNotReportedAmt0287466
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-470717
IRS990ScheduleD/RevenueSubtotalAmt01919501
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION'S ENDOWMENT CONSISTS OF A DONOR'S GIFT TO LANGSTON UNIVERSITY THAT WAS SUBSEQUENTLY TRANSFERRED TO THE FOUNDATION AND ESTABLISHED AS AN ENDOWMENT FUND TO PARTICIPATE IN THE OKLAHOMA STATE REGENTS FOR HIGHER EDUCATION'S ENDOWMENT MATCHING PROGRAM. AS REQUIRED FOR THE PROGRAM, THE UNIVERSITIES ARE REQUIRED TO MAINTAIN A SPECIFIED MINIMUM AMOUNT OF FUNDS IN PERPETUITY FOR A SPECIFIC ENDOWED PROFESSORSHIP CHAIR.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES -491,361.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSES 491,361.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.32428
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013019
IRS990ScheduleD/TotalExpensesPerForm990Amt0667668
IRS990ScheduleD/TotalRevenuePerForm990Amt01448784
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02206967
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01242585
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0318830
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0318830
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0453154
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt0317086
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt0317086
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL GALA EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt055000
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt055000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0358846
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0358846
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt040016
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt040016
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-413138
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt081068
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt081068
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0188890
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0N/A

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.82$0.02$7.80$1.61$0.93$0.68
2023Detailed filing. Detailed filing data is available for this year.$6.83$0.07$6.76$1.45$0.67$0.78
2022Detailed filing. Detailed filing data is available for this year.$5.81$0.02$5.80$0.96$0.69$0.27
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.11$0.01$6.10$1.38$0.89$0.49
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.05$0.02$5.03$1.07$0.97$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.96$0.04$4.92$1.37$1.02$0.36
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.70$0.02$4.68$0.83$0.55$0.27
2017Detailed filing. Detailed filing data is available for this year.$4.36$0.02$4.34$0.70$0.62$0.08
2016Detailed filing. Detailed filing data is available for this year.$4.14$0.00$4.13$0.62$0.68$0.05
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.24$0.01$4.22$0.91$0.39$0.52
2014Detailed filing. Detailed filing data is available for this year.$3.94$0.00$3.94$2.33$0.55$1.78
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.16$0.00$2.16$0.70$0.38$0.33
2012Summary only. Only limited summary data is available for this year.$1.83$0.00$1.83$0.47$0.44$0.03
2011Summary only. Only limited summary data is available for this year.$1.87$0.00$1.87$0.54$0.14$0.40
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.32$0.00$1.32$0.16