Civic Intelligence

Delaware State University Foundation Inc.

990 • Fiscal year 2014 • EIN 20-1372435

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 17, 2014

Organization Profilewww.desu.edu
1200 North Dupont Highway19901

(302) 857-7801

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.04x

Higher debt load relative to assets than 22% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

43rd percentile

0.19x

Higher debt load relative to revenue than 43% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Net Margin

86th percentile

34%

Higher net margin than 86% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

88th percentile

$444,472

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 13.0% of source-year revenue.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Asset Growth

79th percentile

14%

Faster asset growth than 79% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

93rd percentile

83%

Faster revenue growth than 93% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets22nd percentile

Assets

Up

$18,632,865

Up $2,272,172 (+14%) from 2013

Net Assets

Up

$17,976,075

Up $2,256,334 (+14%) from 2013

Liabilities

Up

$656,790

Up $15,838 (+2.5%) from 2013

Revenue And Expenses
Liabilities / Revenue43rd percentileNet Margin86th percentile

Revenue

Up

$3,425,332

Up $1,556,263 (+83%) from 2013

Expenses

Up

$2,267,226

Up $422,923 (+23%) from 2013

Net Income

Up

$1,158,106

Up $1,133,340 (+4576%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$60M$40M$20M$0Assets 2011: $16,437,223Liabilities 2011: $586,072Net Assets 2011: $15,851,1512011Assets 2012: $15,580,128Liabilities 2012: $521,206Net Assets 2012: $15,058,9222012Assets 2013: $16,360,693Liabilities 2013: $640,952Net Assets 2013: $15,719,7412013Assets 2014: $18,632,865Liabilities 2014: $656,790Net Assets 2014: $17,976,0752014Assets 2015: $21,036,548Liabilities 2015: $591,577Net Assets 2015: $20,444,9712015Assets 2016: $20,691,464Liabilities 2016: $686,691Net Assets 2016: $20,004,7732016Assets 2017: $21,135,639Liabilities 2017: $427,022Net Assets 2017: $20,708,6172017Assets 2018: $21,477,233Liabilities 2018: $742,921Net Assets 2018: $20,734,3122018Assets 2019: $14,652,214Liabilities 2019: $491,000Net Assets 2019: $14,161,2142019Assets 2020: $15,136,288Liabilities 2020: $259,701Net Assets 2020: $14,876,5872020Assets 2021: $29,822,062Liabilities 2021: $654,378Net Assets 2021: $29,167,6842021Assets 2022: $37,335,368Liabilities 2022: $937,633Net Assets 2022: $36,397,7352022Assets 2023: $41,592,921Liabilities 2023: $472,082Net Assets 2023: $41,120,8392023Assets 2024: $37,475,656Liabilities 2024: $456,893Net Assets 2024: $37,018,7632024

Highlighted filing

2014

Assets$18,632,865
Liabilities$656,790
Net Assets$17,976,075
Open 2014 Filing

Operations Trend

Revenue Growth93rd percentile

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

$30M$20M$10M$0-$10MRevenue 2011: $2,276,761Expenses 2011: $1,130,456Net Income 2011: $1,146,3052011Expenses 2012: $1,698,7682012Revenue 2013: $1,869,069Expenses 2013: $1,844,303Net Income 2013: $24,7662013Revenue 2014: $3,425,332Expenses 2014: $2,267,226Net Income 2014: $1,158,1062014Revenue 2015: $5,437,102Expenses 2015: $1,814,370Net Income 2015: $3,622,7322015Revenue 2016: $3,448,423Expenses 2016: $3,586,073Net Income 2016: -$137,6502016Revenue 2017: $3,534,899Expenses 2017: $3,715,362Net Income 2017: -$180,4632017Revenue 2018: $4,370,370Expenses 2018: $4,876,840Net Income 2018: -$506,4702018Revenue 2019: $5,453,288Expenses 2019: $12,294,950Net Income 2019: -$6,841,6622019Revenue 2020: $6,786,908Expenses 2020: $5,977,056Net Income 2020: $809,8522020Revenue 2021: $16,875,299Expenses 2021: $6,240,762Net Income 2021: $10,634,5372021Revenue 2022: $19,092,791Expenses 2022: $8,745,735Net Income 2022: $10,347,0562022Revenue 2023: $14,796,790Expenses 2023: $12,076,158Net Income 2023: $2,720,6322023Revenue 2024: $15,075,842Expenses 2024: $21,163,293Net Income 2024: -$6,087,4512024

Highlighted filing

2014

Revenue$3,425,332
Expenses$2,267,226
Net Income$1,158,106
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 17, 2014
Return Version
2013v3.0
Gross Receipts
$14,434,495
Mission and Program Overview

Mission

Delaware state university foundation, inc promotes and fosters the educational interests of delaware state university, a publicly supported institution of higher education and a corporation of the state of delaware. The foundation seeks to create a sizeable monetary fund to be used for any program, project, or enterprise undertaken in the interest of the university.

To secure and administer private funds in support of academic programs, student scholarships, faculty development, public service initiatives, and other priorities of Delaware State University.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$11,226,049$13,117,463▲ $1,891,414
Cash and Non-Interest-Bearing Accounts$3,450,432$2,798,989▼ $651,443
Pledges and Grants Receivable$435,118$1,528,118▲ $1,093,000
Accounts Receivable$9,894--
Land, Buildings, and Equipment, Net$5,358$1,787▼ $3,571
Total Assets$16,360,693$18,632,865▲ $2,272,172
Other Assets Total$1,233,842$1,186,508▼ $47,334
Liabilities
Deferred Revenue$480,779$439,929▼ $40,850
Accounts Payable and Accrued Expenses$104,219$114,382▲ $10,163
Other Liabilities$55,954$102,479▲ $46,525
Total Liabilities$640,952$656,790▲ $15,838
Net Assets / Fund Balance
Temporarily Rstr Net Assets$7,561,873$8,581,054▲ $1,019,181
Permanently Rstr Net Assets$6,554,340$7,804,717▲ $1,250,377
Unrestricted Net Assets$1,603,528$1,590,304▼ $13,224
Total Net Assets Fund Balance$15,719,741$17,976,075▲ $2,256,334
Total Liabilities and Net Assets / Fund Balance$16,360,693$18,632,865▲ $2,272,172

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,787$23,213$25,000
Other Assets Org$1,186,508--
Other Securities$100,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$11,470,085$1,218,087▲ $1,490,066-$13,801,349
2012$10,427,404$409,053▲ $1,008,802-$11,470,085
2011$12,002,499$49,564▼ $1,166,703-$10,427,404
2010$9,606,558$31,943▲ $2,767,561-$12,002,499
2009$8,264,301$333,482▲ $1,157,193-$9,606,558
Compensation and Service Providers
Top Officer Pay88th percentile

Board Members and Trustees

NameTitle
James StewartChairman
Carolyn CurryPresident/CEO
Harry WilliamsPresident/University
Jose EcheverriSecretary/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,895,088
Program Service Revenue
$0
Investment Income
$577,120
Other Revenue
$-46,876
All Other Contributions
$2,696,605
Change in Net Assets
$1,158,106

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,425,332
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,225,846
Total Revenue per Audited Statements
$4,651,178
Total Revenue per Form 990
$3,425,332
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,170,968
Other Expenses$836,914
Salaries, Compensation, and Employee Benefits$259,344
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,170,968--$1,170,968
Fees for Services Other$434,633$9,550-$444,183
Other Salaries and Wages$259,344--$259,344
Office Expenses$80,645$10,418-$91,063
Advertising$81,379$378-$81,757
Travel$47,852$12,841-$60,693
Other Expenses$43,830$8,211-$52,041
Fees for Service Investment Mgmnt Fees$10$42,386-$42,396
Conferences and Meetings$4,765--$4,765
Depreciation Depletion$3,571--$3,571
Total Functional Expenses$2,182,178$85,048$0$2,267,226

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,394,844
Expenses per Audited Statements$2,267,226
Total Expenses per Form 990$2,267,226
Expenses Not Reported on Form 990$127,618
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
51-0305893-501(c)(3)To support academic programs, student scholarships, faculty development, public service initiatives, and other priorities of Delaware State University.$1,170,968
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$127,618
Fundraising Gross Income$80,742
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$124,994---
Event 2$83,295$26,297$14,364$11,933
Total Events$258,165$59,682$122,017$-62,335
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Delaware State University$102,479
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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 8B

“The Delaware State University Foundation does not have a committee with authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, line 11

“Each board member receives a copy of the 990 to review and to make any comments are changes. Once all changes and a final approval is received from each board members, the 990 form is signed by the Controller or President and mailed.”

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

“We are getting recertifications from board members and will do it annually. Currently our board membership is static and small discussions concerning conflicts are informally held during the term of the members.”

Form 990, Part VI, Section C, line 19

“The Delaware State University Foundation makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

EIN
20-1372435
Phone
3028577801

Signing Officer

Name
Michelle Martin
Title
Controller
Phone
3028577801
Signed
2014-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carolyn Curry
Formed
2006
Legal Domicile
De
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Preparer
Pamela Gray
Phone
4105840060
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

“The process has not changed from prior year.”

Financial Statement Notes

Part V, Line 4:

“Scholarships and University support.”

Part X, Line 2:

“The Foundation is exempt from taxation other than net unrelated business income tax under the provisions of Section 501(c)(3) of the Internal Revenue Code. Accordingly, no income tax expense has been provided in the accompanying financial statements. The Foundation has adopted the authoritative guidance relating to accounting for uncertainty in income taxes included. These provisions provide consistent guidance for the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribe a threshold of "more likely than not" for recognition of tax positions taken or expected to be taken in a tax return. The Foundation performed an evaluation of uncertain tax positions as of June 30, 2014, and determined that there were no matters that would require recognition in the accompanying financial statements or which may have any effect on its tax-exempt status. As of June 30, 2014, the statute of limitations for tax years 2010 through 2013 remains open with the U.S. Federal jurisdiction or the various states and local jurisdictions in which the Foundation files tax returns. It is the Foundation's policy to recognize interest and/or penalties related to uncertain tax positions, if any, in income tax expense.”

Part XI, Line 2D - Other Adjustments:

“Fundraising Expenses 127,618.”

Part XII, Line 2D - Other Adjustments:

“Fundraising Expenses 127,618.”

Raw XML AppendixShowing 400 of 543 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.

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IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt024766
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01844303
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01869069
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01158106
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/CertificationInd0X
IRS990ScheduleA/Contribution35ControlledInd00
IRS990ScheduleA/ContributionControllerInd01
IRS990ScheduleA/ContributionFamilyInd00
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0510305893
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc02
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt01170968
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine10Delaware State University
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrgNotifiedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/USOrganizedInd01
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt01170968
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/CYEndwmtFundGrp/AdministrativeExpensesAmt0376889
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt011470085
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt01218087
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt013801349
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01490066
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0375174
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt010427404
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0409053
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt011470085
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01008802
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0457956
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt012002499
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt049564
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt010427404
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1166703
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0403563
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt09606558
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt031943
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt012002499
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02767561
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0148418
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt08264301
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0333482
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt09606558
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01157193
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt0127618
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02267226
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt01098228
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01186508
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Investment in Schwartz Theater
IRS990ScheduleD/OtherExpensesIncludedAmt0127618
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01787
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt023213
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt025000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0102479
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to Delaware State University
IRS990ScheduleD/OtherRevenueAmt0127618
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt033308
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt14448596
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt25296188
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt33239371
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt4100000
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Money Market Funds
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Fixed Income Funds
IRS990ScheduleD/OtherSecuritiesGrp/Desc2US Equity Funds
IRS990ScheduleD/OtherSecuritiesGrp/Desc3Non-US Equity Funds
IRS990ScheduleD/OtherSecuritiesGrp/Desc4Leading Edge Ventures I
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4C
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.57000
IRS990ScheduleD/RevenueNotReportedAmt01225846
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03425332
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Scholarships and University support.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The Foundation is exempt from taxation other than net unrelated business income tax under the provisions of Section 501(c)(3) of the Internal Revenue Code. Accordingly, no income tax expense has been provided in the accompanying financial statements. The Foundation has adopted the authoritative guidance relating to accounting for uncertainty in income taxes included. These provisions provide consistent guidance for the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribe a threshold of "more likely than not" for recognition of tax positions taken or expected to be taken in a tax return. The Foundation performed an evaluation of uncertain tax positions as of June 30, 2014, and determined that there were no matters that would require recognition in the accompanying financial statements or which may have any effect on its tax-exempt status. As of June 30, 2014, the statute of limitations for tax years 2010 through 2013 remains open with the U.S. Federal jurisdiction or the various states and local jurisdictions in which the Foundation files tax returns. It is the Foundation's policy to recognize interest and/or penalties related to uncertain tax positions, if any, in income tax expense.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Fundraising Expenses 127,618.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3Fundraising Expenses 127,618.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.43000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01787
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01186508
IRS990ScheduleD/TotalBookValueSecuritiesAmt013117463
IRS990ScheduleD/TotalExpensesPerForm990Amt02267226
IRS990ScheduleD/TotalLiabilityAmt0102479
IRS990ScheduleD/TotalRevenuePerForm990Amt03425332
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04651178
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02394844
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0198483
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0124994
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt056998
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt016491
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0122017
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt05000
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentOtherEventsAmt04988
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt09988
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt037002
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt037424
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt074426
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0124994
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt083295
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt049876
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0258165
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt026297
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt033385
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt059682
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0Firefly Fundraising Event
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent2Amt0President S-Ball
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-62335
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent2Amt01555
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesOtherEventsAmt0986
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt02541
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt06732
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt021096
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt014364
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt05
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt013880
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsOtherEventsAmt086
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt013966
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt01170968
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0To support academic programs, student scholarships, faculty development, public service initiatives, and other priorities of Delaware State University.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10Delaware State University
IRS990ScheduleI/RecipientTable/RecipientEIN0510305893
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt025000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt160000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0191793
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1272602
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt047123
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt173602
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,632,865
Liabilities
$656,790
Net assets
$17,976,075
Revenue
$3,425,332
Expenses
$2,267,226
Net income
$1,158,106
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$37.5$0.46$37.0$15.1$21.2$6.09
2023Detailed filing. Detailed filing data is available for this year.$41.6$0.47$41.1$14.8$12.1$2.72
2022Detailed filing. Detailed filing data is available for this year.$37.3$0.94$36.4$19.1$8.75$10.3
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.8$0.65$29.2$16.9$6.24$10.6
2020Detailed filing. Detailed filing data is available for this year.$15.1$0.26$14.9$6.79$5.98$0.81
2019Detailed filing. Detailed filing data is available for this year.$14.7$0.49$14.2$5.45$12.3$6.84
2018Detailed filing. Detailed filing data is available for this year.$21.5$0.74$20.7$4.37$4.88$0.51
2017Detailed filing. Detailed filing data is available for this year.$21.1$0.43$20.7$3.53$3.72$0.18
2016Detailed filing. Detailed filing data is available for this year.$20.7$0.69$20.0$3.45$3.59$0.14
2015Detailed filing. Detailed filing data is available for this year.$21.0$0.59$20.4$5.44$1.81$3.62
2014Detailed filing. Detailed filing data is available for this year.$18.6$0.66$18.0$3.43$2.27$1.16
2013Summary only. Only limited summary data is available for this year.$16.4$0.64$15.7$1.87$1.84$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.6$0.52$15.1$1.70
2011Summary only. Only limited summary data is available for this year.$16.4$0.59$15.9$2.28$1.13$1.15
Peer Organizations

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