Civic Intelligence

Delaware State University Foundation Inc.

990 • Fiscal year 2020 • EIN 20-1372435

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 16, 2020

Organization Profilewww.desu.edu
1200 North Dupont HighwayDover, DE 19901

(302) 857-6055

Siviq Scores

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

Liabilities / Assets

17th percentile

0.02x

Higher debt load relative to assets than 17% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

13th percentile

0.04x

Higher debt load relative to revenue than 13% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

67th percentile

12%

Higher net margin than 67% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

87th percentile

$398,682

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 5.9% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

39th percentile

3.3%

Faster asset growth than 39% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

80th percentile

24%

Faster revenue growth than 80% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets17th percentile

Assets

Up

$15,136,288

Up $484,074 (+3.3%) from 2019

Net Assets

Up

$14,876,587

Up $715,373 (+5.1%) from 2019

Liabilities

Down

$259,701

Down $231,299 (-47%) from 2019

Revenue And Expenses
Liabilities / Revenue13th percentileNet Margin67th percentile

Revenue

Up

$6,786,908

Up $1,333,620 (+24%) from 2019

Expenses

Down

$5,977,056

Down $6,317,894 (-51%) from 2019

Net Income

Up

$809,852

Up $7,651,514 (+112%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth39th 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

2020

Assets$15,136,288
Liabilities$259,701
Net Assets$14,876,587
Open 2020 Filing

Operations Trend

Revenue Growth80th 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

2020

Revenue$6,786,908
Expenses$5,977,056
Net Income$809,852
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$9,424,915
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$8,915,444$9,161,535▲ $246,091
Cash and Non-Interest-Bearing Accounts$4,215,155$4,563,548▲ $348,393
Land, Buildings, and Equipment, Net$531,510$624,979▲ $93,469
Pledges and Grants Receivable$212,999$29,687▼ $183,312
Total Assets$14,652,214$15,136,288▲ $484,074
Other Assets Total$777,106$756,539▼ $20,567
Liabilities
Deferred Revenue$390,660$196,240▼ $194,420
Other Liabilities$67,661$63,461▼ $4,200
Accounts Payable and Accrued Expenses$32,679--
Total Liabilities$491,000$259,701▼ $231,299
Net Assets / Fund Balance
Net Assets With Donor Restrictions$12,051,661$12,216,382▲ $164,721
Net Assets Without Donor Restrictions$2,109,553$2,660,205▲ $550,652
Total Net Assets Fund Balance$14,161,214$14,876,587▲ $715,373
Total Liabilities and Net Assets / Fund Balance$14,652,214$15,136,288▲ $484,074

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$251,377$149,818$401,195
Buildings$373,602$15,398$389,000
Other Securities$452,141--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$8,400,409$212,003▲ $281,026-$8,581,321
2018$14,852,965$162,655▲ $866,186$7,300,000$8,400,409
2017$14,276,944$44,185▲ $966,247-$14,852,965
2016$12,981,120$115,411▲ $1,602,940-$14,276,945
2015$13,543,456$70,463▼ $161,358-$12,981,120
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Wilma MishoeUniversity President-$353,268$45,414$398,682
Vita PickrumFoundation PresidentPT$186,414$9,800$196,214
Jose' EcheverriSecretary/Treasurer/Director-$132,600$3,943$136,543
Henrietta SavageController (non-voting)PT$65,060$6,005$71,065

Board Members and Trustees

NameTitle
Devona WilliamsChair
Enid Wallace-SimmsVice Chair
Cerron CadeDirector
Herman WoodDirector
Jocelyn StewartDirector
Peg Sickle HertrichDirector
Vincent RojasDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Loockerman CateringCateringPO Box 978839, Dallas, TX 75397$110,330
Strategic Partnership LLCConsultant - Professional Services1729 King Street Ste 100, Alexandria, VA 22314$104,005
Revenue and Support

Revenue Composition

Contributions and Grants
$6,241,878
Program Service Revenue
$0
Investment Income
$311,172
Other Revenue
$233,858
All Other Contributions
$6,241,878
Change in Net Assets
$809,852

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table3$176,195Appraised value
Total Noncash Contributions3$176,195-

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,761,908
Revenue Not Reported on Financial Statements
$25,000
Revenue Not Reported on Form 990
$91,268
Other Revenue Adjustments
$25,000
Total Revenue per Audited Statements
$6,853,176
Total Revenue per Form 990
$6,786,908
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,801,356
Other Expenses$2,175,700
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,801,356--$3,801,356
Fees for Services Other$549,342$8,907-$558,249
Office Expenses$170,844$27,292-$198,136
All Other Expenses$118,502$22,752-$141,254
Travel$131,255$7,609-$138,864
Other Expenses$97,037$30,792-$127,829
Depreciation Depletion$57,728--$57,728
Conferences and Meetings$19,305--$19,305
Occupancy$1,320--$1,320
Total Functional Expenses$5,871,764$105,292$0$5,977,056

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,137,803
Expenses per Audited Statements$5,977,056
Total Expenses per Form 990$5,977,056
Expenses Not Reported on Form 990$160,747
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Delaware State University-501(c)(3)To support academic programs, student scholarships, faculty development, public service initiatives, and other priorities of Delaware State University.$3,801,356
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$253,855
Fundraising Direct Expenses$160,747
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
President's Scholarship Ball$132,050$132,050$27,735$104,315
Athletic Hall of Fame$17,515$17,515-$17,515
Total Events$253,855$253,855$160,747$93,108
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Charitable Gift Annuity Payable$62,776
Security deposit$685
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 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 11B

“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

Filer Name
Delaware State University Foundation Inc
EIN
20-1372435
Phone
3028576055
Address
1200 North Dupont Highway, Dover, DE 19901

Signing Officer

Name
Dr Vita Pickrum CFRE
Title
President
Phone
3028576055
Signed
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Vita Pickrum CFRE
Formed
2006
Legal Domicile
De
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
22

Preparer

Firm
Sb & Company LLC
Address
10200 Grand Central Ave Suite 250, Owing Mills, MD 21117
Preparer
Pamela Gray
Phone
4105842218
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Loss on disposal -25,000.”

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 a not-for-profit organization that 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. 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, 2020, 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, 2020, the statute of limitations for fiscal years 2017 through 2020 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 160,747.”

Part XI, Line 4B - Other Adjustments:

“Loss on disposal 25,000.”

Part XII, Line 2D - Other Adjustments:

“Fundraising Expenses 160,747.”

Raw XML AppendixShowing 400 of 639 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/Form990PartVIISectionAGrp/PersonNm1Vita Pickrum
IRS990/Form990PartVIISectionAGrp/PersonNm2Jose' Echeverri
IRS990/Form990PartVIISectionAGrp/PersonNm3Devona Williams
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IRS990/Form990PartVIISectionAGrp/PersonNm9Herman Wood
IRS990/Form990PartVIISectionAGrp/PersonNm10Henrietta Savage
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IRS990/Form990PartVIISectionAGrp/TitleTxt0University President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Foundation President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary/Treasurer/Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Controller (non-voting)
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IRS990/FormationYr02006
IRS990/FormerOfcrEmployeesListedInd00
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IRS990/FSAuditedInd01
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IRS990/FundraisingGrossIncomeAmt0253855
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IRS990/GamingActivitiesInd00
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IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
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IRS990/GrossReceiptsAmt09424915
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IRS990/IRPDocumentCnt033
IRS990/IRPDocumentW2GCnt00
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IRS990/LessRentalExpensesGrp/RealAmt00
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IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Delaware 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.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt014876587
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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt084900
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt093108
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt093108
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt017434
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt017434
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-69479
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02109553
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02660205
IRS990/NoncashContributionsAmt0176195
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IRS990/OccupancyGrp/TotalAmt01320
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt027292
IRS990/OfficeExpensesGrp/ProgramServicesAmt0170844
IRS990/OfficeExpensesGrp/TotalAmt0198136
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherAssetsTotalGrp/EOYAmt0756539
IRS990/OtherChangesInNetAssetsAmt0-25000
IRS990/OtherExpensesGrp/Desc0Other Program Expenses
IRS990/OtherExpensesGrp/Desc1Printing and publicatio
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07940
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt130792
IRS990/OtherExpensesGrp/ProgramServicesAmt0925075
IRS990/OtherExpensesGrp/ProgramServicesAmt197037
IRS990/OtherExpensesGrp/TotalAmt0933015
IRS990/OtherExpensesGrp/TotalAmt1127829
IRS990/OtherLiabilitiesGrp/BOYAmt067661
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IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Other income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0123316
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0123316
IRS990/OtherRevenueTotalAmt0123316
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0212999
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt029687
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Dr Vita Pickrum CFRE
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04601278
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt03137756
IRS990/PYInvestmentIncomeAmt0576785
IRS990/PYOtherExpensesAmt09157194
IRS990/PYOtherRevenueAmt0275225
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-6841662
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt012294950
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05453288
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0809852
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt017434
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0510305893
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt03801356
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Delaware State University
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt03801356
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/BuildingsGrp/BookValueAmt0373602
IRS990ScheduleD/BuildingsGrp/DepreciationAmt015398
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0389000
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0312117
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt08400409
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0212003
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt08581321
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0281026
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0181397
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt014852965
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0162655
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt08400409
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0866186
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt07300000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0434411
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt014276944
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt044185
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt014852965
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0966247
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0422526
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt012981120
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0115411
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt014276945
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01602940
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0471441
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt013543456
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt070463
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt012981120
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-161358
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt0160747
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05977056
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-69479
IRS990ScheduleD/OtherExpensesIncludedAmt0160747
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0251377
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0149818
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0401195
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt062776
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1685
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Charitable Gift Annuity Payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Security deposit
IRS990ScheduleD/OtherRevenueAmt0160747
IRS990ScheduleD/OtherRevenuesNotIncludedAmt025000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt018383
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt12740073
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt23889903
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt31979058
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt481977
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt5452141
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Money Market Funds
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Fixed Income Funds
IRS990ScheduleD/OtherSecuritiesGrp/Desc2US Equity
IRS990ScheduleD/OtherSecuritiesGrp/Desc3Non-US Equity Funds
IRS990ScheduleD/OtherSecuritiesGrp/Desc4Leading Edge Ventures I
IRS990ScheduleD/OtherSecuritiesGrp/Desc5Mutual Fund
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,136,288
Liabilities
$259,701
Net assets
$14,876,587
Revenue
$6,786,908
Expenses
$5,977,056
Net income
$809,852
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