Civic Intelligence

Langston University Foundation

990 • Fiscal year 2022 • EIN 11-3815948

Jul 01, 2021 to Jun 30, 2022 • Filed on Mar 13, 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

14th percentile

0.00x

Higher debt load relative to assets than 14% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

16th percentile

0.02x

Higher debt load relative to revenue than 16% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

78th percentile

28%

Higher net margin than 78% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

68th percentile

$168,412

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 17.6% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

30th percentile

-4.9%

Faster asset growth than 30% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

13th percentile

-31%

Faster revenue growth than 13% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Down

$5,814,580

Down $296,943 (-4.9%) from 2021

Net Assets

Down

$5,796,382

Down $300,217 (-4.9%) from 2021

Liabilities

Up

$18,198

Up $3,274 (+22%) from 2021

Revenue

Down

$958,502

Down $421,759 (-31%) from 2021

Expenses

Down

$685,744

Down $203,039 (-23%) from 2021

Net Income

Down

$272,758

Down $218,720 (-45%) from 2021

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

2022

Assets$5,814,580
Liabilities$18,198
Net Assets$5,796,382

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

2022

Revenue$958,502
Expenses$685,744
Net Income$272,758
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Mar 13, 2024
Return Version
2021v4.2
Gross Receipts
$1,460,074
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.

The foundation's mission is to raise money to support langston university.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,439,053$3,114,976▼ $324,077
Cash and Non-Interest-Bearing Accounts$2,293,690$2,184,041▼ $109,649
Savings and Temporary Cash Investments$104,811$292,866▲ $188,055
Pledges and Grants Receivable$254,839$209,678▼ $45,161
Land, Buildings, and Equipment, Net$13,019$13,019→ $0
Prepaid Expenses and Deferred Charges$6,111--
Total Assets$6,111,523$5,814,580▼ $296,943
Liabilities
Accounts Payable and Accrued Expenses$14,924$18,198▲ $3,274
Total Liabilities$14,924$18,198▲ $3,274
Net Assets / Fund Balance
Net Assets With Donor Restrictions$5,970,923$5,910,246▼ $60,677
Net Assets Without Donor Restrictions$125,676$-113,864▼ $239,540
Total Net Assets Fund Balance$6,096,599$5,796,382▼ $300,217
Total Liabilities and Net Assets / Fund Balance$6,111,523$5,814,580▼ $296,943

Asset Categories

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

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$4,044,741$128,155▼ $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
2017$2,538,744$175,535▲ $85,715-$2,799,994
Compensation and Service Providers

Board Members and Trustees

NameTitle
Darrell JeffloChairman
Anthony HillDirector
Charifa SmithDirector
David StephensDirector
Dr Wayne JonesDirector
Hon Kenneth C WatsonDirector
Joel-lyn a MccormichDirector
Vanessa BrownDirector
Marlon JamesExecutive Director
Mautra JonesExecutive Director (through 2/2022)
Revenue and Support

Revenue Composition

Contributions and Grants
$1,109,687
Program Service Revenue
$185
Investment Income
$121,235
Other Revenue
$-272,605
All Other Contributions
$888,121
Change in Net Assets
$272,758

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,268,099
Revenue Not Reported on Financial Statements
$-309,597
Revenue Not Reported on Form 990
$-444,424
Other Revenue Adjustments
$-331,764
Total Revenue per Audited Statements
$823,675
Total Revenue per Form 990
$958,502
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$504,410
Other Expenses$155,846
Total Fundraising Expense$23,338
Salaries, Compensation, and Employee Benefits$23,143
Professional Fundraising Fees$2,345

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$302,257--$302,257
Grants to Domestic Individuals$202,153--$202,153
Fees for Services Accounting-$45,207-$45,207
Advertising-$6,019$17,770$23,789
Fees for Service Investment Mgmnt Fees-$22,167-$22,167
Other Salaries and Wages-$21,143-$21,143
Office Expenses-$14,755-$14,755
Fees for Services Other-$11,060$1,101$12,161
Information Technology-$6,607-$6,607
Fees for Services Professional Fundraising--$2,345$2,345
Travel--$2,092$2,092
Payroll Taxes-$2,000-$2,000
Insurance-$1,905-$1,905
Conferences and Meetings-$377-$377
Other Expenses-$288$30$318
Fees for Services Management-$3-$3
Total Functional Expenses$504,410$157,996$23,338$685,744

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,123,892
Total Expenses per Form 990$685,744
Expenses per Audited Statements$663,577
Expenses Not Reported on Form 990$460,315
Expenses Not Reported on Financial Statements$22,167
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Langston UniversityLangston, OK115General Support$301,397
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$331,764
Fundraising Gross Income$57,153
Professional Fundraising Fees$2,345

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala Event$278,719$57,153$31,188$25,965
Total Events$278,719$57,153$331,764$-274,611
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
No
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 1A

The executive committee shall have and may exercise all powers and authority of the board when the board is not in session, subject to such restrictions or limitations as the board may from the time to time specify; provided, however, the executive committee shall have no authority to alter, amend or repeal the articles of incorporation or bylaws of the foundation or to appoint directors. All actions of the executive committee shall be reported to the directors individually within thirty (30) days after such action is taken or at a meeting of the board of directors if a meeting is held within tha period of time. All actions of the executive committee shall be included in the minutes of the board of directors.

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
Executive Director
Phone
4054663232
Signed
2024-03-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joshua Busby
Formed
2007
Legal Domicile
Ok
Voting Board Members
9
Independent Board Members
9
Employees
2
Volunteers
30

Preparer

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

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 event expenses included in revenue -331,764.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising event expenses included in revenue 331,764.

Raw XML AppendixShowing 400 of 605 raw XML fields

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IRS990/InvestmentsPubTradedSecGrp/BOYAmt03439053
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03114976
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt013019
IRS990/LandBldgEquipBasisNetGrp/EOYAmt013019
IRS990/LandBldgEquipCostOrOtherBssAmt013019
IRS990/LegalDomicileStateCd0OK
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0169808
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0LANGSTON 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 CONTINUED ON SCHEDULE O.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/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt06096599
IRS990/NetAssetsOrFundBalancesEOYAmt05796382
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt067465
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt067465
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-274611
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-274611
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-572975
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0125676
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-113864
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt014755
IRS990/OfficeExpensesGrp/TotalAmt014755
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt030
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt026465
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1288
IRS990/OtherExpensesGrp/TotalAmt026465
IRS990/OtherExpensesGrp/TotalAmt1318
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt02006
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02006
IRS990/OtherRevenueTotalAmt02006
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt021143
IRS990/OtherSalariesAndWagesGrp/TotalAmt021143
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02000
IRS990/PayrollTaxesGrp/TotalAmt02000
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0254839
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0209678
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06111
IRS990/PrincipalOfficerNm0JOSHUA BUSBY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0SPECIAL CAUSES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0185
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0185
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/ExpenseAmt0202153
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0202153
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0185
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01256714
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0695352
IRS990/PYInvestmentIncomeAmt0159408
IRS990/PYOtherExpensesAmt0168431
IRS990/PYOtherRevenueAmt0-35861
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0491478
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0888783
IRS990/PYTotalProfFndrsngExpnsAmt025000
IRS990/PYTotalRevenueAmt01380261
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0272758
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0104811
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0292866
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2017 AMOUNT: $ 13,930. 2018 AMOUNT: $ 91,987. 2019 AMOUNT: $ 13,308. 2021 AMOUNT: $ 2,006. SPECIAL EVENT REVENUE - 2017 AMOUNT: $ 17,330. 2018 AMOUNT: $ 43,500. 2019 AMOUNT: $ 43,500. 2020 AMOUNT: $ 12,945. 2021 AMOUNT: $ 57,153.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01109687
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01256714
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01002364
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01123862
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0846874
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05339501
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt053770
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt051926
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt063212
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt053765
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt046836
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0269509
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt059159
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt012945
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt056808
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0135487
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt031260
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0295659
IRS990ScheduleA/PublicSupportCY170Pct00.89800
IRS990ScheduleA/PublicSupportPY170Pct00.83760
IRS990ScheduleA/PublicSupportTotal170Amt05302594
IRS990ScheduleA/SubstantialContributorsTotAmt036907
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01109687
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01256714
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01002364
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01123862
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0846874
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05339501
IRS990ScheduleA/TotalSupportAmt05904669
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/AdministrativeExpensesAmt019918
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt04044741
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0128155
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt03753671
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-399307
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt03131130
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0146456
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt04044741
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0635641
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0-131514
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02965779
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt043147
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt03131130
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0135114
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt012910
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02799994
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt056346
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02965779
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0109439
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02538744
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0175535
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02799994
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt085715
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0128551
IRS990ScheduleD/DonatedServicesUseFcltsAmt0128551
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt0460315
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt022167
IRS990ScheduleD/ExpensesSubtotalAmt0663577
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt022167
IRS990ScheduleD/InvestmentExpensesNotIncldAmt022167
IRS990ScheduleD/LandGrp/BookValueAmt013019
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt013019
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-572975
IRS990ScheduleD/OtherExpensesIncludedAmt0331764
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-331764
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.69770
IRS990ScheduleD/RevenueNotReportedAmt0-444424
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-309597
IRS990ScheduleD/RevenueSubtotalAmt01268099
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 EVENT EXPENSES INCLUDED IN REVENUE -331,764.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EVENT EXPENSES INCLUDED IN REVENUE 331,764.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.30230
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013019
IRS990ScheduleD/TotalExpensesPerForm990Amt0685744
IRS990ScheduleD/TotalRevenuePerForm990Amt0958502
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0823675
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01123892
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0221566
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0221566
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0331764

Document Assets

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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
Peer Organizations

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