Liabilities / Assets
56th percentile
Higher debt load relative to assets than 56% of similar nonprofits.
Fayetteville State University Foundation Inc.
990 • Fiscal year 2021 • EIN 23-7029901
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.37x
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
68th percentile
Higher net margin than 68% of similar nonprofits.
Top Officer Pay
32nd percentile
Higher top officer pay than 32% of similar nonprofits.
Top officer pay equals 5.1% of source-year revenue.
Asset Growth
57th percentile
Faster asset growth than 57% of similar nonprofits.
Revenue Growth
53rd percentile
Faster revenue growth than 53% of similar nonprofits.
Balance Sheet
Assets
Up$23,831,908
Up $3,015,684 (+14%) from 2020
Net Assets
Up$14,989,784
Up $3,369,431 (+29%) from 2020
Liabilities
Down$8,842,124
Down $353,747 (-3.8%) from 2020
Revenue And Expenses
Revenue
Up$2,141,766
Up $213,171 (+11%) from 2020
Expenses
Down$1,773,229
Down $97,665 (-5.2%) from 2020
Net Income
Up$368,537
Up $310,836 (+539%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2020 to Jun 30, 2021
- Signed
- Mar 15, 2022
- Return Version
- 2020v4.0
- Gross Receipts
- $2,165,716
Mission and Program Overview
Mission
To raise and disburse funds for programs that will further the educational purposes of fayetteville state university.
A. To solicit, receive, hold, manage and disburse contributions, gifts, grants, bequests and transfers of funds or property of any nature for the benefit of fayetteville state university, its students, faculty and staff. To use the name of the university in any way which will benefit and enrich or enlarge upon its facilities and programs in accord with the direction of the donors and acceptable to the administrative officials of the university. B. To act as trustee, escrow or disbursing agent with respect to any endowment, gift, grants, contributions, or bequests made for the benefit of fayetteville satte university, its students, faculty and staff, under the terms of the trustor or donor and to carry on such functions as will accomplish the purpose and intent of the gift, endowment, trust or grant. C. To sponsor, encourage, conduct and render financial assistance in student aid programs, alumni events, public relations activities, faculty supplements, curriculum enrichment programs, r
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $7,394,324 | $10,593,539 | ▲ $3,199,215 |
| Other Notes and Loans Receivable, Net | $9,117,000 | $8,578,000 | ▼ $539,000 |
| Cash and Non-Interest-Bearing Accounts | $3,675,272 | $4,152,147 | ▲ $476,875 |
| Land, Buildings, and Equipment, Net | $519,770 | $434,040 | ▼ $85,730 |
| Accounts Receivable | $66,056 | $32,969 | ▼ $33,087 |
| Total Assets | $20,816,224 | $23,831,908 | ▲ $3,015,684 |
| Other Assets Total | $43,802 | $41,213 | ▼ $2,589 |
| Liabilities | |||
| Other Liabilities | $9,160,802 | $8,619,213 | ▼ $541,589 |
| Accounts Payable and Accrued Expenses | $35,069 | $222,911 | ▲ $187,842 |
| Total Liabilities | $9,195,871 | $8,842,124 | ▼ $353,747 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $8,305,569 | $11,647,533 | ▲ $3,341,964 |
| Net Assets Without Donor Restrictions | $3,314,784 | $3,342,251 | ▲ $27,467 |
| Total Net Assets Fund Balance | $11,620,353 | $14,989,784 | ▲ $3,369,431 |
| Total Liabilities and Net Assets / Fund Balance | $20,816,224 | $23,831,908 | ▲ $3,015,684 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Land | $434,040 | - | - |
Endowment Activity
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2020 | $7,555,095 | $438,288 | ▲ $6,029 | $-93,814 | $10,876,705 |
| 2019 | $7,396,521 | $246,359 | ▲ $781 | $2,882,541 | $7,555,095 |
Compensation and Service Providers
Employees
| Name | Title | Other | Total |
|---|---|---|---|
| Bruce Rosengrant | Executive Di | $109,846 | $109,846 |
Board Members and Trustees
| Name | Title |
|---|---|
| John Ben Brown Jr | Chair |
| Jermaine Coble | Vice Chair |
| Cathy Waddell | Director |
| Christopher Davis | Director |
| Gina Roulhac | Director |
| Jared James | Director |
| Jermaine Pittman | Director |
| John Godbolt | Director |
| Olivia Chavis | Director |
| Reginald Wells | Director |
| Theodore Debose | Director |
| Willie Gray | Director |
| Wilson Lacy | Director |
| Vedas Neal | Secretary |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $658,732
- Program Service Revenue
- $1,210,299
- Investment Income
- $272,735
- Other Revenue
- $0
- All Other Contributions
- $658,732
- Change in Net Assets
- $368,537
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $2,141,766
- Revenue Not Reported on Form 990
- $3,000,894
- Total Revenue per Audited Statements
- $5,142,660
- Total Revenue per Form 990
- $2,141,766
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $1,440,994 |
| Grants and Similar Amounts Paid | $332,235 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $332,235 | - | - | $332,235 |
| Interest | - | $250,642 | - | $250,642 |
| Occupancy | $219,772 | - | - | $219,772 |
| Office Expenses | - | $179,415 | - | $179,415 |
| Insurance | $63,763 | - | - | $63,763 |
| Fees for Services Other | - | $20,908 | - | $20,908 |
| Other Expenses | $19,952 | - | - | $19,952 |
| All Other Expenses | $19,285 | - | - | $19,285 |
| Total Functional Expenses | $1,322,264 | $450,965 | $0 | $1,773,229 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,773,229 |
| Total Expenses per Audited Statements | $1,773,229 |
| Total Expenses per Form 990 | $1,773,229 |
International Activity
Grant and Assistance Recipients
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Fayetteville State University | Fayetteville, NC | Gov | - | $332,235 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Long Term Debt | $8,578,000 |
| Interest Payable | $41,213 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- 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
- Yes
- Other officer compensation reviewed
- Yes
- 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, Page 6, Part VI, Line 11B
“Reviewed by board of directors and responsible financial personnel.”
Form 990, Page 6, Part VI, Line 12C
“Conflicts of interest are resolved by the board of directors.”
Form 990, Page 6, Part VI, Line 15A
“Not applicable; all volunteer organization.”
Form 990, Page 6, Part VI, Line 15B
“Not applicable; all volunteer organization.”
Form 990, Page 6, Part VI, Line 19
“Made available upon request.”
Filing and Contact Details
Filer
- Filer Name
- Fayetteville State University
- EIN
- 23-7029901
- Phone
- 9106721111
- Address
- 1200 MURCHISON ROAD, FAYETTEVILLE, NC 28301-4252
Signing Officer
- Name
- John Ben Brown Jr
- Title
- Chair
- Phone
- 9106721111
- Signed
- 2022-03-15
Organization Details
- Principal Officer
- John Ben Brown Jr
- Formed
- 1969
- Legal Domicile
- Nc
- Voting Board Members
- 15
- Independent Board Members
- 13
- Employees
- 0
Preparer
- Firm
- Sharpe Patel CPA
- Address
- 325 ARLINGTON AVE STE 510, CHARLOTTE, NC 28203-4489
- Preparer
- Megan Rushford CPA
- Phone
- 7044993893
Supplemental Narrative
Additional Explanations
FORM 990 - ORGANIZATION'S MISSION
“A. To solicit, receive, hold, manage and disburse contributions, gifts, grants, bequests and transfers of funds or property of any nature for the benefit of fayetteville state university, its students, faculty and staff. To use the name of the university in any way which will benefit and enrich or enlarge upon its facilities and programs in accord with the direction of the donors and acceptable to the administrative officials of the university. B. To act as trustee, escrow or disbursing agent with respect to any endowment, gift, grants, contributions, or bequests made for the benefit of fayetteville satte university, its students, faculty and staff, under the terms of the trustor or donor and to carry on such functions as will accomplish the purpose and intent of the gift, endowment, trust or grant. C. To sponsor, encourage, conduct and render financial assistance in student aid programs, alumni events, public relations activities, faculty supplements, curriculum enrichment programs, research projects and studies as approved by the proper authorities of the university.”
Form 990, Page 1, Part I, Line 6
“Volunteering services to accomplish the organization's mission.”
Form 990, Page 2, Part III, Line 4A
“A. To solicit, receive, hold, manage and disburse contributions, gifts, grants, bequests and transfers of funds or property of any nature for the benefit of fayetteville state university, its students, faculty and staff. To use the name of the university in any way which will benefit and enrich or enlarge upon its facilities and programs in accord with the direction of the donors and acceptable to the administrative officials of the university. B. To act as trustee, escrow or disbursing agent with respect to any endowment, gift, grants, contributions or bequests made for the benefit of fayetteville state university, its students, faculty and staff, under the terms of the trustor or donor and to carry on such functions as will accomplish the purpose and intent of the gift, endowment, trust or grant. C. To sponsor, encourage, conduct and render financial assistance in student aid programs, alumni events, public relations activities, faculty supplements, curriculum enrichment programs, research projects and studies as approved by the proper authorities of the university.”
Raw XML AppendixShowing 400 of 524 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 35069 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 222911 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 66056 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 32969 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | A. TO SOLICIT, RECEIVE, HOLD, MANAGE AND DISBURSE CONTRIBUTIONS, GIFTS, GRANTS, BEQUESTS AND TRANSFERS OF FUNDS OR PROPERTY OF ANY NATURE FOR THE BENEFIT OF FAYETTEVILLE STATE UNIVERSITY, ITS STUDENTS, FACULTY AND STAFF. TO USE THE NAME OF THE UNIVERSITY IN ANY WAY WHICH WILL BENEFIT AND ENRICH OR ENLARGE UPON ITS FACILITIES AND PROGRAMS IN ACCORD WITH THE DIRECTION OF THE DONORS AND ACCEPTABLE TO THE ADMINISTRATIVE OFFICIALS OF THE UNIVERSITY. B. TO ACT AS TRUSTEE, ESCROW OR DISBURSING AGENT WITH RESPECT TO ANY ENDOWMENT, GIFT, GRANTS, CONTRIBUTIONS, OR BEQUESTS MADE FOR THE BENEFIT OF FAYETTEVILLE SATTE UNIVERSITY, ITS STUDENTS, FACULTY AND STAFF, UNDER THE TERMS OF THE TRUSTOR OR DONOR AND TO CARRY ON SUCH FUNCTIONS AS WILL ACCOMPLISH THE PURPOSE AND INTENT OF THE GIFT, ENDOWMENT, TRUST OR GRANT. C. TO SPONSOR, ENCOURAGE, CONDUCT AND RENDER FINANCIAL ASSISTANCE IN STUDENT AID PROGRAMS, ALUMNI EVENTS, PUBLIC RELATIONS ACTIVITIES, FACULTY SUPPLEMENTS, CURRICULUM ENRICHMENT PROGRAMS, R |
| IRS990/AllOtherContributionsAmt | 0 | 658732 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 19285 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 19285 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | FSU FOUNDATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9106721084 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1200 MURCHISON RD |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | FAYETTEVILLE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 28301 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 3675272 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 4152147 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | true |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 658732 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 332235 |
| IRS990/CYInvestmentIncomeAmt | 0 | 272735 |
| IRS990/CYOtherExpensesAmt | 0 | 1440994 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1210299 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 368537 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 1773229 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 2141766 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | A. TO SOLICIT, RECEIVE, HOLD, MANAGE AND DISBURSE CONTRIBUTIONS, GIFTS, GRANTS, BEQUESTS AND TRANSFERS OF FUNDS OR PROPERTY OF ANY NATURE FOR THE BENEFIT OF FAYETTEVILLE STATE UNIVERSITY, ITS STUDENTS, FACULTY AND STAFF. TO USE THE NAME OF THE UNIVERSITY IN ANY WAY WHICH WILL BENEFIT AND ENRICH OR ENLARGE UPON ITS FACILITIES AND PROGRAMS IN ACCORD WITH THE DIRECTION OF THE DONORS AND ACCEPTABLE TO THE ADMINISTRATIVE OFFICIALS OF THE UNIVERSITY. B. TO ACT AS TRUSTEE, ESCROW OR DISBURSING AGENT WITH RESPECT TO ANY ENDOWMENT, GIFT, GRANTS, CONTRIBUTIONS OR BEQUESTS MADE FOR THE BENEFIT OF FAYETTEVILLE STATE UNIVERSITY, ITS STUDENTS, FACULTY AND STAFF, UNDER THE TERMS OF THE TRUSTOR OR DONOR AND TO CARRY ON SUCH FUNCTIONS AS WILL ACCOMPLISH THE PURPOSE AND INTENT OF THE GIFT, ENDOWMENT, TRUST OR GRANT. C. TO SPONSOR, ENCOURAGE, CONDUCT AND RENDER FINANCIAL ASSISTANCE IN STUDENT AID PROGRAMS, ALUMNI EVENTS, PUBLIC RELATIONS ACTIVITIES, FACULTY SUPPLEMENTS, CURRICULUM ENRICHMENT PROGRAMS, RESEARCH PROJECTS AND STUDIES AS APPROVED BY THE PROPER AUTHORITIES OF THE UNIVERSITY. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | true |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 8305569 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 11647533 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | true |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 1322264 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 20908 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 20908 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 1.00 |
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| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
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| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | JOHN BEN BROWN JR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JERMAINE COBLE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | VEDAS NEAL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | BRUCE ROSENGRANT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JARED JAMES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | OLIVIA CHAVIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | JERMAINE PITTMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | CHRISTOPHER DAVIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | GINA ROULHAC |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | THEODORE DEBOSE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | CATHY WADDELL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | JOHN GODBOLT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | REGINALD WELLS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | WILLIE GRAY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | WILSON LACY |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 41213 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | LONG TERM DEBT |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | INTEREST PAYABLE |
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| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 2141766 |
| IRS990ScheduleD/TermEndowmentBalanceEOYPct | 0 | 0.47000 |
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| IRS990ScheduleD/TotalLiabilityAmt | 0 | 8619213 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 2141766 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 5142660 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1773229 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | false |
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| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | GOV |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | FAYETTEVILLE STATE UNIVERSITY |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 561238736 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 1200 MURCHISON ROAD |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | FAYETTEVILLE |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 28301 |
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| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | A. TO SOLICIT, RECEIVE, HOLD, MANAGE AND DISBURSE CONTRIBUTIONS, GIFTS, GRANTS, BEQUESTS AND TRANSFERS OF FUNDS OR PROPERTY OF ANY NATURE FOR THE BENEFIT OF FAYETTEVILLE STATE UNIVERSITY, ITS STUDENTS, FACULTY AND STAFF. TO USE THE NAME OF THE UNIVERSITY IN ANY WAY WHICH WILL BENEFIT AND ENRICH OR ENLARGE UPON ITS FACILITIES AND PROGRAMS IN ACCORD WITH THE DIRECTION OF THE DONORS AND ACCEPTABLE TO THE ADMINISTRATIVE OFFICIALS OF THE UNIVERSITY. B. TO ACT AS TRUSTEE, ESCROW OR DISBURSING AGENT WITH RESPECT TO ANY ENDOWMENT, GIFT, GRANTS, CONTRIBUTIONS, OR BEQUESTS MADE FOR THE BENEFIT OF FAYETTEVILLE SATTE UNIVERSITY, ITS STUDENTS, FACULTY AND STAFF, UNDER THE TERMS OF THE TRUSTOR OR DONOR AND TO CARRY ON SUCH FUNCTIONS AS WILL ACCOMPLISH THE PURPOSE AND INTENT OF THE GIFT, ENDOWMENT, TRUST OR GRANT. C. TO SPONSOR, ENCOURAGE, CONDUCT AND RENDER FINANCIAL ASSISTANCE IN STUDENT AID PROGRAMS, ALUMNI EVENTS, PUBLIC RELATIONS ACTIVITIES, FACULTY SUPPLEMENTS, CURRICULUM ENRICHMENT PROGRAMS, RESEARCH PROJECTS AND STUDIES AS APPROVED BY THE PROPER AUTHORITIES OF THE UNIVERSITY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | VOLUNTEERING SERVICES TO ACCOMPLISH THE ORGANIZATION'S MISSION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | A. TO SOLICIT, RECEIVE, HOLD, MANAGE AND DISBURSE CONTRIBUTIONS, GIFTS, GRANTS, BEQUESTS AND TRANSFERS OF FUNDS OR PROPERTY OF ANY NATURE FOR THE BENEFIT OF FAYETTEVILLE STATE UNIVERSITY, ITS STUDENTS, FACULTY AND STAFF. TO USE THE NAME OF THE UNIVERSITY IN ANY WAY WHICH WILL BENEFIT AND ENRICH OR ENLARGE UPON ITS FACILITIES AND PROGRAMS IN ACCORD WITH THE DIRECTION OF THE DONORS AND ACCEPTABLE TO THE ADMINISTRATIVE OFFICIALS OF THE UNIVERSITY. B. TO ACT AS TRUSTEE, ESCROW OR DISBURSING AGENT WITH RESPECT TO ANY ENDOWMENT, GIFT, GRANTS, CONTRIBUTIONS OR BEQUESTS MADE FOR THE BENEFIT OF FAYETTEVILLE STATE UNIVERSITY, ITS STUDENTS, FACULTY AND STAFF, UNDER THE TERMS OF THE TRUSTOR OR DONOR AND TO CARRY ON SUCH FUNCTIONS AS WILL ACCOMPLISH THE PURPOSE AND INTENT OF THE GIFT, ENDOWMENT, TRUST OR GRANT. C. TO SPONSOR, ENCOURAGE, CONDUCT AND RENDER FINANCIAL ASSISTANCE IN STUDENT AID PROGRAMS, ALUMNI EVENTS, PUBLIC RELATIONS ACTIVITIES, FACULTY SUPPLEMENTS, CURRICULUM ENRICHMENT PROGRAMS, RESEARCH PROJECTS AND STUDIES AS APPROVED BY THE PROPER AUTHORITIES OF THE UNIVERSITY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | REVIEWED BY BOARD OF DIRECTORS AND RESPONSIBLE FINANCIAL PERSONNEL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | CONFLICTS OF INTEREST ARE RESOLVED BY THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | NOT APPLICABLE; ALL VOLUNTEER ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | NOT APPLICABLE; ALL VOLUNTEER ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | MADE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 1, PART I, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 2, PART III, LINE 4A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 15A |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $23,831,908
- Liabilities
- $8,842,124
- Net assets
- $14,989,784
- Revenue
- $2,141,766
- Expenses
- $1,773,229
- Net income
- $368,537
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