Civic Intelligence

Fayetteville State University Foundation Inc.

990 • Fiscal year 2022 • EIN 23-7029901

Jul 01, 2021 to Jun 30, 2022 • Filed on Apr 11, 2023

1200 Murchison RoadFayetteville, NC 28301-4252

(910) 672-1111

Siviq Scores

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

Liabilities / Assets

51st percentile

0.33x

Higher debt load relative to assets than 51% of similar nonprofits.

2022 filings • NTEE B • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

86th percentile

2.29x

Higher debt load relative to revenue than 86% of similar nonprofits.

2022 filings • NTEE B • $10M-$25M nonprofits • Source year 2022

Net Margin

87th percentile

38%

Higher net margin than 87% of similar nonprofits.

2022 filings • NTEE B • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

24th percentile

$0

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • NTEE B • $10M-$25M nonprofits • Source year 2022

Asset Growth

59th percentile

4.9%

Faster asset growth than 59% of similar nonprofits.

2022 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

90th percentile

68%

Faster revenue growth than 90% of similar nonprofits.

2022 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Up

$24,987,920

Up $1,156,012 (+4.9%) from 2021

Net Assets

Up

$16,754,389

Up $1,764,605 (+12%) from 2021

Liabilities

Down

$8,233,531

Down $608,593 (-6.9%) from 2021

Revenue

Up

$3,598,419

Up $1,456,653 (+68%) from 2021

Expenses

Up

$2,235,411

Up $462,182 (+26%) from 2021

Net Income

Up

$1,363,008

Up $994,471 (+270%) from 2021

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $15,725,747Liabilities 2011: $13,299,357Net Assets 2011: $2,426,3902011Assets 2012: $16,028,587Liabilities 2012: $13,026,136Net Assets 2012: $3,002,4512012Assets 2014: $18,454,506Liabilities 2014: $12,455,525Net Assets 2014: $5,998,9812014Assets 2015: $21,155,626Liabilities 2015: $14,274,452Net Assets 2015: $6,881,1742015Assets 2016: $19,229,580Liabilities 2016: $12,245,305Net Assets 2016: $6,984,2752016Assets 2017: $20,238,477Liabilities 2017: $10,434,783Net Assets 2017: $9,803,6942017Assets 2018: $21,017,572Liabilities 2018: $10,227,346Net Assets 2018: $10,790,2262018Assets 2019: $21,229,073Liabilities 2019: $9,839,360Net Assets 2019: $11,389,7132019Assets 2020: $20,816,224Liabilities 2020: $9,195,871Net Assets 2020: $11,620,3532020Assets 2021: $23,831,908Liabilities 2021: $8,842,124Net Assets 2021: $14,989,7842021Assets 2022: $24,987,920Liabilities 2022: $8,233,531Net Assets 2022: $16,754,3892022Assets 2023: $26,580,208Liabilities 2023: $9,571,383Net Assets 2023: $17,008,8252023Assets 2024: $26,124,299Liabilities 2024: $6,951,913Net Assets 2024: $19,172,3862024

Highlighted filing

2022

Assets$24,987,920
Liabilities$8,233,531
Net Assets$16,754,389

Operations Trend

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

$6.0M$4.0M$2.0M$0Expenses 2011: $1,832,4112011Expenses 2012: $1,592,7042012Revenue 2014: $3,094,352Expenses 2014: $1,667,099Net Income 2014: $1,427,2532014Revenue 2015: $3,139,357Expenses 2015: $2,654,389Net Income 2015: $484,9682015Revenue 2016: $2,574,587Expenses 2016: $2,379,436Net Income 2016: $195,1512016Revenue 2017: $4,391,494Expenses 2017: $2,190,514Net Income 2017: $2,200,9802017Revenue 2018: $2,215,994Expenses 2018: $1,917,039Net Income 2018: $298,9552018Revenue 2019: $2,048,790Expenses 2019: $1,969,254Net Income 2019: $79,5362019Revenue 2020: $1,928,595Expenses 2020: $1,870,894Net Income 2020: $57,7012020Revenue 2021: $2,141,766Expenses 2021: $1,773,229Net Income 2021: $368,5372021Revenue 2022: $3,598,419Expenses 2022: $2,235,411Net Income 2022: $1,363,0082022Revenue 2023: $5,468,947Expenses 2023: $5,171,545Net Income 2023: $297,4022023Revenue 2024: $4,448,064Expenses 2024: $3,801,568Net Income 2024: $646,4962024

Highlighted filing

2022

Revenue$3,598,419
Expenses$2,235,411
Net Income$1,363,008
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Apr 11, 2023
Return Version
2021v4.0
Gross Receipts
$3,598,419
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
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$10,593,539$11,371,468▲ $777,929
Other Notes and Loans Receivable, Net$8,578,000$8,024,000▼ $554,000
Cash and Non-Interest-Bearing Accounts$4,152,147$5,105,247▲ $953,100
Land, Buildings, and Equipment, Net$434,040$434,040→ $0
Accounts Receivable$32,969$30,551▼ $2,418
Pledges and Grants Receivable-$22,614-
Total Assets$23,831,908$24,987,920▲ $1,156,012
Other Assets Total$41,213--
Liabilities
Other Liabilities$8,619,213$8,054,551▼ $564,662
Accounts Payable and Accrued Expenses$222,911$178,980▼ $43,931
Total Liabilities$8,842,124$8,233,531▼ $608,593
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,342,251$11,098,260▲ $7,756,009
Net Assets With Donor Restrictions$11,647,533$5,656,129▼ $5,991,404
Total Net Assets Fund Balance$14,989,784$16,754,389▲ $1,764,605
Total Liabilities and Net Assets / Fund Balance$23,831,908$24,987,920▲ $1,156,012

Asset Categories

AssetBook ValueDepreciationBasis
Land$434,040--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$10,876,705$356,596▲ $436,434$-220,720$11,449,015
2020$7,555,095$438,288▲ $3,100,669$-217,347$10,876,705
2019$7,396,521$246,359▲ $153,344$-241,129$7,555,095
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,047,899
Program Service Revenue
$1,278,040
Investment Income
$272,480
Other Revenue
$0
All Other Contributions
$2,047,899
Change in Net Assets
$1,363,008

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,598,419
Revenue Not Reported on Form 990
$401,597
Total Revenue per Audited Statements
$4,000,016
Total Revenue per Form 990
$3,598,419
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,940,425
Grants and Similar Amounts Paid$294,986
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$311,281--$311,281
Grants to Domestic Orgs$294,986--$294,986
Interest$234,743--$234,743
Fees for Services Accounting$147,770--$147,770
Fees for Services Other$90,890--$90,890
Other Expenses$8,990--$8,990
All Other Expenses$2,747--$2,747
Total Functional Expenses$2,235,411$0$0$2,235,411

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,235,411
Total Expenses per Audited Statements$2,235,411
Total Expenses per Form 990$2,235,411
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Fayetteville State UniversityFayetteville, NCGov-$294,986
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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

LiabilityAmount
Long Term Debt$8,024,000
Interest Payable$30,551
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
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
2023-04-11

Organization Details

Principal Officer
John Ben Brown Jr
Formed
1969
Legal Domicile
Nc
Voting Board Members
13
Independent Board Members
13
Employees
0

Preparer

Firm
Sharpe Patel CPA
Address
325 ARLINGTON AVE STE 630, CHARLOTTE, NC 28203
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.

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IRS990/GrantsToOrganizationsInd0true
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IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0A. 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
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IRS990/NetAssetsOrFundBalancesEOYAmt016754389
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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt037067
IRS990/NetUnrlzdGainsLossesInvstAmt0401597
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt011098260
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IRS990/OccupancyGrp/TotalAmt0311281
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IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherExpensesGrp/Desc0REPAIRS
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2ADMIN SUPPLIES
IRS990/OtherExpensesGrp/Desc3CLEANING / MAINTENANCE
IRS990/OtherExpensesGrp/ProgramServicesAmt0935770
IRS990/OtherExpensesGrp/ProgramServicesAmt1188787
IRS990/OtherExpensesGrp/ProgramServicesAmt219447
IRS990/OtherExpensesGrp/ProgramServicesAmt38990
IRS990/OtherExpensesGrp/TotalAmt0935770
IRS990/OtherExpensesGrp/TotalAmt1188787
IRS990/OtherExpensesGrp/TotalAmt219447
IRS990/OtherExpensesGrp/TotalAmt38990
IRS990/OtherLiabilitiesGrp/BOYAmt08619213
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IRS990/OthNotesLoansReceivableNetGrp/EOYAmt08024000
IRS990/PartialLiquidationInd0false
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt022614
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JOHN BEN BROWN JR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0RENT REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1SALES AND SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01264220
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt113820
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01264220
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt113820
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0658732
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0332235
IRS990/PYInvestmentIncomeAmt0272735
IRS990/PYOtherExpensesAmt01440994
IRS990/PYProgramServiceRevenueAmt01210299
IRS990/PYRevenuesLessExpensesAmt0368537
IRS990/PYTotalExpensesAmt01773229
IRS990/PYTotalRevenueAmt02141766
IRS990/ReconcilationRevenueExpnssAmt01363008
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt02,874,195
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02047899
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0658732
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0437030
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0505565
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0231102
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03880328
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0235413
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0251057
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0285654
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt017605
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0789729
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01278040
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01210299
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01491565
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0653922
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04633826
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0235413
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0251057
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0285654
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt017605
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0789729
IRS990ScheduleA/InvestmentIncomeCYPct00.06000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01203764
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01670431
IRS990ScheduleA/OtherIncome509Grp/TotalAmt02874195
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.69910
IRS990ScheduleA/PublicSupportPY509Pct00.50990
IRS990ScheduleA/PublicSupportTotal509Amt08514154
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03325939
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01869031
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01928595
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01159487
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0231102
IRS990ScheduleA/Total509Grp/TotalAmt08514154
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03561352
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02120088
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02214249
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02363251
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01919138
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt012178078
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.42000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt010876705
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0356596
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt011449015
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0436434
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0-220720
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt07555095
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0438288
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt010876705
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03100669
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0-217347
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt07396521
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0246359
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt07555095
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0153344
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0-241129
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesSubtotalAmt02235411
IRS990ScheduleD/LandGrp/BookValueAmt0434040
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0434040
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0401597
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08024000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt130551
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LONG TERM DEBT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1INTEREST PAYABLE
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.58000
IRS990ScheduleD/RevenueNotReportedAmt0401597
IRS990ScheduleD/RevenueSubtotalAmt03598419
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0434040
IRS990ScheduleD/TotalExpensesPerForm990Amt02235411
IRS990ScheduleD/TotalLiabilityAmt08054551
IRS990ScheduleD/TotalRevenuePerForm990Amt03598419
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04000016
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02235411
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt0294986
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0FAYETTEVILLE STATE UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientEIN0561238736
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01200 MURCHISON ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0FAYETTEVILLE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd028301
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A. 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/ExplanationTxt1VOLUNTEERING SERVICES TO ACCOMPLISH THE ORGANIZATION'S MISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A. 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/ExplanationTxt3REVIEWED BY BOARD OF DIRECTORS AND RESPONSIBLE FINANCIAL PERSONNEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONFLICTS OF INTEREST ARE RESOLVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NOT APPLICABLE; ALL VOLUNTEER ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NOT APPLICABLE; ALL VOLUNTEER ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0FSU FOUNDA
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0FSU HOUSING FOUNDATION LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0562266846
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt010768364
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0NC

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.1$6.95$19.2$4.45$3.80$0.65
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.6$9.57$17.0$5.47$5.17$0.30
2022Detailed filing. Detailed filing data is available for this year.$25.0$8.23$16.8$3.60$2.24$1.36
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.8$8.84$15.0$2.14$1.77$0.37
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.8$9.20$11.6$1.93$1.87$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.2$9.84$11.4$2.05$1.97$0.08
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.0$10.2$10.8$2.22$1.92$0.30
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.2$10.4$9.80$4.39$2.19$2.20
2016Detailed filing. Detailed filing data is available for this year.$19.2$12.2$6.98$2.57$2.38$0.20
2015Detailed filing. Detailed filing data is available for this year.$21.2$14.3$6.88$3.14$2.65$0.48
2014Detailed filing. Detailed filing data is available for this year.$18.5$12.5$6.00$3.09$1.67$1.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.0$13.0$3.00$1.59
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.7$13.3$2.43$1.83