Civic Intelligence

Thomas Edison State University Foundation Inc.

990 • Fiscal year 2015 • EIN 22-2117814

Jan 01, 2015 to Dec 31, 2015 • Filed on May 02, 2016

Organization ProfileWWW.TESUFOUNDATION.ORG
101 West State StreetTrenton, NJ 08608

(609) 984-1588

Siviq Scores

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

Liabilities / Assets

30th percentile

0.09x

Higher debt load relative to assets than 30% of similar nonprofits.

2015 filings • NTEE B • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

76th percentile

0.65x

Higher debt load relative to revenue than 76% of similar nonprofits.

2015 filings • NTEE B • $5M-$10M nonprofits • Source year 2015

Net Margin

92nd percentile

48%

Higher net margin than 92% of similar nonprofits.

2015 filings • NTEE B • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

99th percentile

$484,967

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 37.0% of source-year revenue.

2015 filings • NTEE B • $5M-$10M nonprofits • Source year 2015

Asset Growth

26th percentile

-2.8%

Faster asset growth than 26% of similar nonprofits.

2015 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

4th percentile

-53%

Faster revenue growth than 4% of similar nonprofits.

2015 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets30th percentile

Assets

Down

$9,486,878

Down $277,171 (-2.8%) from 2014

Net Assets

Up

$8,639,527

Up $131,462 (+1.5%) from 2014

Liabilities

Down

$847,351

Down $408,633 (-33%) from 2014

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin92nd percentile

Revenue

Down

$1,310,020

Down $1,478,784 (-53%) from 2014

Expenses

Down

$681,649

Down $907,543 (-57%) from 2014

Net Income

Down

$628,371

Down $571,241 (-48%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

$20M$15M$10M$5.0M$0Assets 2011: $6,216,073Liabilities 2011: $287,636Net Assets 2011: $5,928,4372011Assets 2012: $6,767,408Liabilities 2012: $251,675Net Assets 2012: $6,515,7332012Assets 2013: $7,953,946Liabilities 2013: $427,557Net Assets 2013: $7,526,3892013Assets 2014: $9,764,049Liabilities 2014: $1,255,984Net Assets 2014: $8,508,0652014Assets 2015: $9,486,878Liabilities 2015: $847,351Net Assets 2015: $8,639,5272015Assets 2016: $9,883,737Liabilities 2016: $738,957Net Assets 2016: $9,144,7802016Assets 2017: $11,704,195Liabilities 2017: $1,122,239Net Assets 2017: $10,581,9562017Assets 2018: $10,069,904Liabilities 2018: $642,935Net Assets 2018: $9,426,9692018Assets 2019: $11,561,094Liabilities 2019: $539,469Net Assets 2019: $11,021,6252019Assets 2020: $12,997,024Liabilities 2020: $783,997Net Assets 2020: $12,213,0272020Assets 2021: $14,519,820Liabilities 2021: $631,911Net Assets 2021: $13,887,9092021Assets 2022: $11,982,682Liabilities 2022: $822,433Net Assets 2022: $11,160,2492022Assets 2023: $12,447,159Liabilities 2023: $756,761Net Assets 2023: $11,690,3982023Assets 2024: $14,061,512Liabilities 2024: $402,657Net Assets 2024: $13,658,8552024Assets 2025: $15,265,396Liabilities 2025: $470,894Net Assets 2025: $14,794,5022025

Highlighted filing

2015

Assets$9,486,878
Liabilities$847,351
Net Assets$8,639,527
Open 2015 Filing

Operations Trend

Revenue Growth4th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $387,3332011Expenses 2012: $401,9812012Revenue 2013: $1,109,527Expenses 2013: $772,488Net Income 2013: $337,0392013Revenue 2014: $2,788,804Expenses 2014: $1,589,192Net Income 2014: $1,199,6122014Revenue 2015: $1,310,020Expenses 2015: $681,649Net Income 2015: $628,3712015Revenue 2016: $1,011,709Expenses 2016: $786,337Net Income 2016: $225,3722016Revenue 2017: $1,704,263Expenses 2017: $1,200,072Net Income 2017: $504,1912017Revenue 2018: $1,269,735Expenses 2018: $1,177,121Net Income 2018: $92,6142018Revenue 2019: $1,263,915Expenses 2019: $1,008,994Net Income 2019: $254,9212019Revenue 2020: $1,300,288Expenses 2020: $793,984Net Income 2020: $506,3042020Revenue 2021: $2,164,871Expenses 2021: $872,530Net Income 2021: $1,292,3412021Revenue 2022: $341,230Expenses 2022: $587,642Net Income 2022: -$246,4122022Revenue 2023: $794,410Expenses 2023: $957,307Net Income 2023: -$162,8972023Revenue 2024: $1,441,700Expenses 2024: $805,577Net Income 2024: $636,1232024Revenue 2025: $1,605,726Expenses 2025: $1,297,287Net Income 2025: $308,4392025

Highlighted filing

2015

Revenue$1,310,020
Expenses$681,649
Net Income$628,371
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 2, 2016
Return Version
2015v2.1
Gross Receipts
$3,314,637
Mission and Program Overview

Mission

The mission of the foundation is to inspire donors to invest in thomas edison state university's power to transform lives and build a more competitive workforce by empowering adults to attain their educational goals.thomas edison state university foundation is a nonprofit 501(c)(3) organization. While independent of thomas edison state university, the foundation operates exclusively for the benefit, support and promotion of the university and its educational activities and may receive and invest bequests, gifts or transfers of property or money, and expend any such funds or property for the institution's educational purposes.

To support the programs and activities of thomas edison state university

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$4,912,327$5,529,057▲ $616,730
Investments in Publicly Traded Securities$3,652,795$3,202,492▼ $450,303
Pledges and Grants Receivable$979,903$560,912▼ $418,991
Savings and Temporary Cash Investments$146,387$124,861▼ $21,526
Prepaid Expenses and Deferred Charges$20,000$15,458▼ $4,542
Total Assets$9,764,049$9,486,878▼ $277,171
Other Assets Total$52,637$54,098▲ $1,461
Liabilities
Grants Payable$1,210,774$793,087▼ $417,687
Accounts Payable and Accrued Expenses$45,210$54,264▲ $9,054
Total Liabilities$1,255,984$847,351▼ $408,633
Net Assets / Fund Balance
Unrestricted Net Assets$3,477,220$3,731,584▲ $254,364
Permanently Rstr Net Assets$3,651,851$3,709,967▲ $58,116
Temporarily Rstr Net Assets$1,378,994$1,197,976▼ $181,018
Total Net Assets Fund Balance$8,508,065$8,639,527▲ $131,462
Total Liabilities and Net Assets / Fund Balance$9,764,049$9,486,878▼ $277,171

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$973,059--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$5,030,845$58,246▲ $69,616-$4,907,943
2014$4,501,169$415,721▲ $366,818$50,787$5,030,845
2013$3,917,707$87,146▲ $757,405-$4,501,169
2012$3,688,656$55,189▲ $385,427-$3,917,707
2011$3,496,613$39,911▲ $172,350-$3,688,656
Compensation and Service Providers
Top Officer Pay99th percentile

Board Members and Trustees

NameTitle
Michael R Toscani Pharm DFoundation Chair
Dr George a PruittPresident, Tesu
Frank ClyburnVice Chair
A Bruce DansburyDirector
Ahmed a Azmy Phd Aia ApaDirector
Al Maghazehe Phd FacheDirector
Aubrey W HainesDirector
Brian T MaloneyDirector
Christopher J ZiasDirector
Clarence LockettDirector
Dr James E CarnesDirector
Eileen MartinsonDirector
Greg MilzcikDirector
James KilgoreDirector
Jeffery StokesDirector
John T HarrisonDirector
Lee J BellarminoDirector
Margaret HoisingtonDirector
Maria Imbalzano EsqDirector
Nicholas L CarnevaleDirector
Richard J GillespieDirector
Robert Rosenbaum EddDirector
Ronald a GimbelDirector
Steven B BinderDirector
Steven R KingDirector
William SchofieldDirector
Misty IsakDirector of Development, Tesu
Eric Robert LearTrustee Representative
Nettie EdwardsAssistant Controller, Tesu
Michele E EvanchikController, Tesu
Steven D AlbanoTreasurer, Tesu
Christopher StringerVP Finance & Admin, Tesu
John P ThurberVP Public Affairs, Tesu
Revenue and Support

Revenue Composition

Contributions and Grants
$721,096
Program Service Revenue
$0
Investment Income
$605,159
Other Revenue
$-16,235
All Other Contributions
$599,581
Change in Net Assets
$628,371

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,310,020
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-135,661
Total Revenue per Audited Statements
$1,174,359
Total Revenue per Form 990
$1,310,020
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$538,332
Other Expenses$123,678
Total Fundraising Expense$21,356
Professional Fundraising Fees$19,639
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$538,332--$538,332
Fees for Services Management-$48,229-$48,229
Fees for Service Investment Mgmnt Fees-$31,526-$31,526
Fees for Services Accounting-$19,894-$19,894
Fees for Services Professional Fundraising--$19,639$19,639
Advertising$15,579--$15,579
Office Expenses-$5,743$1,717$7,460
Insurance-$990-$990
Total Functional Expenses$553,911$106,382$21,356$681,649

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,042,897
Expenses per Audited Statements$681,649
Total Expenses per Form 990$681,649
Expenses Not Reported on Form 990$361,248
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Thomas Edison State UniversityTrenton, NJ501(a)Grants to University Programs as Specified by the Requirements of the Donors.$442,098
Thomas Edison State UniversityTrenton, NJ501(a)Scholarships to Students as Designated by the Requirements of the Donors.$96,234
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$106,102
Fundraising Gross Income$89,867
Professional Fundraising Fees$19,639

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$136,054$64,999$19,249$45,750
Golf Outing$75,328$24,868$4,415$20,453
Total Events$211,382$89,867$106,102$-16,235
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
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“The foundation's audit committee initially reviews and approves the form 990. The form 990 is then distributed to the entire board for review before it is filed with the irs.”

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

“The foundation regularly and consistently monitors and enforces compliance with the conflict of interest policy by both requiring annual signed statements from each director, principal officer or committee member and by conducting periodic reviews.”

Form 990, Part VI, Section C, Line 19

“The foundation makes governing documents, policies, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Thomas Edison State College
EIN
22-2117814
Phone
6099841588
Address
101 WEST STATE STREET, TRENTON, NJ 08608

Signing Officer

Name
Christopher Stringer
Title
Comptroller
Phone
6099841588
Signed
2016-05-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christopher Stringer
Formed
1976
Legal Domicile
Nj
Voting Board Members
27
Independent Board Members
26
Employees
0
Volunteers
48

Preparer

Firm
Mercadien Pc
Address
PO BOX 7648, PRINCETON, NJ 08543-7648
Preparer
Bjondina Karpuzi CPA
Phone
6096899700
Supplemental Narrative

Additional Explanations

Form 990 Page 12 Part XII Question 2C

“With respect to the foundation's responsibility for oversight of the audit, the foundation has not changed its oversight or selection process during the tax year.”

Form 990 Page 3 Part IV Question 11F

“The foundation does not have any uncertain tax positions under fin 48 (asc 740) so this disclosure is no longer required based on recent guidance by the aicpa.”

Form 990 Page 1, Part B

“The foundation's board of directors approved a resolution to change the name of the foundation to thomas edison state university foundation, inc. Effective january 1, 2016.”

Financial Statement Notes

PART V, LINE 4:

“Endowment funds held are in investment accounts, returns on the investments are used to fund scholarships to students or to provide funds to the thomas edison state university and its programs, as designated by the original endowment gift.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses 106,102.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses 106,102.”

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IRS990/Form990PartVIISectionAGrp/PersonNm1FRANK CLYBURN
IRS990/Form990PartVIISectionAGrp/PersonNm2ERIC ROBERT LEAR
IRS990/Form990PartVIISectionAGrp/PersonNm3AHMED A AZMY PHD AIA APA
IRS990/Form990PartVIISectionAGrp/PersonNm4LEE J BELLARMINO
IRS990/Form990PartVIISectionAGrp/PersonNm5STEVEN B BINDER
IRS990/Form990PartVIISectionAGrp/PersonNm6DR JAMES E CARNES
IRS990/Form990PartVIISectionAGrp/PersonNm7NICHOLAS L CARNEVALE
IRS990/Form990PartVIISectionAGrp/PersonNm8A BRUCE DANSBURY
IRS990/Form990PartVIISectionAGrp/PersonNm9RICHARD J GILLESPIE
IRS990/Form990PartVIISectionAGrp/PersonNm10RONALD A GIMBEL
IRS990/Form990PartVIISectionAGrp/PersonNm11AUBREY W HAINES
IRS990/Form990PartVIISectionAGrp/PersonNm12JOHN T HARRISON
IRS990/Form990PartVIISectionAGrp/PersonNm13MARGARET HOISINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm14MARIA IMBALZANO ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm15JAMES KILGORE
IRS990/Form990PartVIISectionAGrp/PersonNm16STEVEN R KING
IRS990/Form990PartVIISectionAGrp/PersonNm17CLARENCE LOCKETT
IRS990/Form990PartVIISectionAGrp/PersonNm18AL MAGHAZEHE PHD FACHE
IRS990/Form990PartVIISectionAGrp/PersonNm19BRIAN T MALONEY
IRS990/Form990PartVIISectionAGrp/PersonNm20EILEEN MARTINSON
IRS990/Form990PartVIISectionAGrp/PersonNm21GREG MILZCIK
IRS990/Form990PartVIISectionAGrp/PersonNm22DR GEORGE A PRUITT
IRS990/Form990PartVIISectionAGrp/PersonNm23ROBERT ROSENBAUM EDD
IRS990/Form990PartVIISectionAGrp/PersonNm24WILLIAM SCHOFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm25JEFFERY STOKES
IRS990/Form990PartVIISectionAGrp/PersonNm26CHRISTOPHER J ZIAS
IRS990/Form990PartVIISectionAGrp/PersonNm27CHRISTOPHER STRINGER
IRS990/Form990PartVIISectionAGrp/PersonNm28JOHN P THURBER
IRS990/Form990PartVIISectionAGrp/PersonNm29MISTY ISAK
IRS990/Form990PartVIISectionAGrp/PersonNm30MICHELE E EVANCHIK
IRS990/Form990PartVIISectionAGrp/PersonNm31STEVEN D ALBANO
IRS990/Form990PartVIISectionAGrp/PersonNm32NETTIE EDWARDS
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/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt310
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt320
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt22353203
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt27220386
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt28218582
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt29152943
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30142694
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt31136573
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt32112172
IRS990/Form990PartVIISectionAGrp/TitleTxt0FOUNDATION CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE REPRESENTATIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22PRESIDENT, TESU
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27VP FINANCE & ADMIN, TESU
IRS990/Form990PartVIISectionAGrp/TitleTxt28VP PUBLIC AFFAIRS, TESU
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR OF DEVELOPMENT, TESU
IRS990/Form990PartVIISectionAGrp/TitleTxt30CONTROLLER, TESU
IRS990/Form990PartVIISectionAGrp/TitleTxt31TREASURER, TESU
IRS990/Form990PartVIISectionAGrp/TitleTxt32ASSISTANT CONTROLLER, TESU
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01976
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0121515
IRS990/FundraisingDirectExpensesAmt0106102
IRS990/FundraisingGrossIncomeAmt089867
IRS990/GainOrLossGrp/SecuritiesAmt0329746
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt027
IRS990/GrantAmt0538332
IRS990/GrantsPayableGrp/BOYAmt01210774
IRS990/GrantsPayableGrp/EOYAmt0793087
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0538332
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0538332
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02228261
IRS990/GrossReceiptsAmt03314637
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt026
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0990
IRS990/InsuranceGrp/TotalAmt0990
IRS990/InvestmentIncomeGrp/ExclusionAmt0275413
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0275413
IRS990/InvestmentInJointVentureInd00
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IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt05529057
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03652795
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03202492
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NJ
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01898515
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE THOMAS EDISON STATE COLLEGE FOUNDATION, INC., OPERATES EXCLUSIVELY FOR THE BENEFIT, SUPPORT AND PROMOTION OF THE UNIVERSITY AND ITS EDUCATIONAL ACTIVITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt08639527
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0329746
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0329746
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-16235
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-16235
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-496909
IRS990/NoncashContributionsAmt024366
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt01717
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05743
IRS990/OfficeExpensesGrp/TotalAmt07460
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt052637
IRS990/OtherAssetsTotalGrp/EOYAmt054098
IRS990/OtherChangesInNetAssetsAmt00
IRS990/PartialLiquidationInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt03651851
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt03709967
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0979903
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0560912
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020000
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015458
IRS990/PrincipalOfficerNm0CHRISTOPHER STRINGER
IRS990/ProfessionalFundraisingInd01
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01976109

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,486,878
Liabilities
$847,351
Net assets
$8,639,527
Revenue
$1,310,020
Expenses
$681,649
Net income
$628,371
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$15.3$0.47$14.8$1.61$1.30$0.31
2024Detailed filing. Detailed filing data is available for this year.$14.1$0.40$13.7$1.44$0.81$0.64
2023Detailed filing. Detailed filing data is available for this year.$12.4$0.76$11.7$0.79$0.96$0.16
2022Detailed filing. Detailed filing data is available for this year.$12.0$0.82$11.2$0.34$0.59$0.25
2021Detailed filing. Detailed filing data is available for this year.$14.5$0.63$13.9$2.16$0.87$1.29
2020Detailed filing. Detailed filing data is available for this year.$13.0$0.78$12.2$1.30$0.79$0.51
2019Detailed filing. Detailed filing data is available for this year.$11.6$0.54$11.0$1.26$1.01$0.25
2018Detailed filing. Detailed filing data is available for this year.$10.1$0.64$9.43$1.27$1.18$0.09
2017Detailed filing. Detailed filing data is available for this year.$11.7$1.12$10.6$1.70$1.20$0.50
2016Summary only. Only limited summary data is available for this year.$9.88$0.74$9.14$1.01$0.79$0.23
2015Detailed filing. Detailed filing data is available for this year.$9.49$0.85$8.64$1.31$0.68$0.63
2014Detailed filing. Detailed filing data is available for this year.$9.76$1.26$8.51$2.79$1.59$1.20
2013Detailed filing. Detailed filing data is available for this year.$7.95$0.43$7.53$1.11$0.77$0.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.77$0.25$6.52$0.40
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.22$0.29$5.93$0.39