Civic Intelligence

Southern University System

EIN 23-7052911 • 501(c)3 • Baton Rouge, LA

Profile

The organization's primary exempt purpose is to promote the educational and cultural welfare of southern university and a&m college system and to provide additional resources for the benefit of the university system, to encourage, solicit, receive, and administer gifts and requests of property and funds for scientific, educational and charitable purposes, all for the advancement of the southern university system.

598 Harding BlvdBaton Rouge, LA 70813

sutrueblue.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

75th percentile

0.56x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

1.88x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

84th percentile

35%

Higher net margin than 84% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

27th percentile

$236,020

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2022

Asset Growth

55th percentile

7.4%

Faster asset growth than 55% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2024

Revenue Growth

59th percentile

11%

Faster revenue growth than 59% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets75th percentile

Assets

Up

$70,244,010

Up $6,376,327 (+10.0%) from 2023

Liabilities

Up

$39,604,465

Up $475,741 (+1.2%) from 2023

Net Assets

Up

$30,639,545

Up $5,900,586 (+24%) from 2023

Operations
Liabilities / Revenue84th percentileNet Margin84th percentile

Revenue

Up

$21,014,026

Up $4,128,282 (+24%) from 2023

Expenses

Up

$13,665,213

Up $127,407 (+0.9%) from 2023

Net Income

Up

$7,348,813

Up $4,000,875 (+120%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth55th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80M$60M$40M$20M$0Assets 2011: $76,351,002Liabilities 2011: $70,925,990Net Assets 2011: $5,425,0122011Assets 2012: $77,272,263Liabilities 2012: $66,615,664Net Assets 2012: $10,656,5992012Assets 2014: $76,792,780Liabilities 2014: $65,620,361Net Assets 2014: $11,172,4192014Assets 2015: $75,403,855Liabilities 2015: $63,910,666Net Assets 2015: $11,493,1892015Assets 2016: $72,901,237Liabilities 2016: $62,106,023Net Assets 2016: $10,795,2142016Assets 2017: $50,633,232Liabilities 2017: $37,348,032Net Assets 2017: $13,285,2002017Assets 2018: $43,143,792Liabilities 2018: $34,241,160Net Assets 2018: $8,902,6322018Assets 2019: $50,523,298Liabilities 2019: $41,337,010Net Assets 2019: $9,186,2882019Assets 2021: $59,341,239Liabilities 2021: $41,970,128Net Assets 2021: $17,371,1112021Assets 2022: $60,930,166Liabilities 2022: $39,539,145Net Assets 2022: $21,391,0212022Assets 2023: $63,867,683Liabilities 2023: $39,128,724Net Assets 2023: $24,738,9592023Assets 2024: $70,244,010Liabilities 2024: $39,604,465Net Assets 2024: $30,639,5452024

Highlighted filing

2024

Assets$70,244,010
Liabilities$39,604,465
Net Assets$30,639,545
Open 2024 Filing

Operations Trend

Revenue Growth59th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MExpenses 2011: $6,853,5982011Expenses 2012: $7,844,1932012Revenue 2014: $7,939,826Expenses 2014: $7,502,499Net Income 2014: $437,3272014Revenue 2015: $8,787,506Expenses 2015: $8,393,755Net Income 2015: $393,7512015Revenue 2016: $7,298,009Expenses 2016: $8,232,765Net Income 2016: -$934,7562016Revenue 2017: $10,979,460Expenses 2017: $8,710,739Net Income 2017: $2,268,7212017Revenue 2018: $9,619,256Expenses 2018: $7,346,661Net Income 2018: $2,272,5952018Revenue 2019: $11,498,515Expenses 2019: $11,598,056Net Income 2019: -$99,5412019Revenue 2021: $13,209,342Expenses 2021: $7,852,870Net Income 2021: $5,356,4722021Revenue 2022: $17,078,446Expenses 2022: $12,374,923Net Income 2022: $4,703,5232022Revenue 2023: $16,885,744Expenses 2023: $13,537,806Net Income 2023: $3,347,9382023Revenue 2024: $21,014,026Expenses 2024: $13,665,213Net Income 2024: $7,348,8132024

Highlighted filing

2024

Revenue$21,014,026
Expenses$13,665,213
Net Income$7,348,813
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$70,244,010
Liabilities
$39,604,465
Net assets
$30,639,545
Revenue
$21,014,026
Expenses
$13,665,213
Net income
$7,348,813
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$70.2$39.6$30.6$21.0$13.7$7.35
2023Detailed filing. Detailed filing data is available for this year.$63.9$39.1$24.7$16.9$13.5$3.35
2022Detailed filing. Detailed filing data is available for this year.$60.9$39.5$21.4$17.1$12.4$4.70
2021Detailed filing. Detailed filing data is available for this year.$59.3$42.0$17.4$13.2$7.85$5.36
2019Detailed filing. Detailed filing data is available for this year.$50.5$41.3$9.19$11.5$11.6$0.10
2018Detailed filing. Detailed filing data is available for this year.$43.1$34.2$8.90$9.62$7.35$2.27
2017Detailed filing. Detailed filing data is available for this year.$50.6$37.3$13.3$11.0$8.71$2.27
2016Detailed filing. Detailed filing data is available for this year.$72.9$62.1$10.8$7.30$8.23$0.93
2015Detailed filing. Detailed filing data is available for this year.$75.4$63.9$11.5$8.79$8.39$0.39
2014Detailed filing. Detailed filing data is available for this year.$76.8$65.6$11.2$7.94$7.50$0.44
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$77.3$66.6$10.7$7.84
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$76.4$70.9$5.43$6.85
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.0
Gross Receipts
$21,014,026
Mission and Program Overview

Mission

The organization's primary exempt purpose is to promote the educational and cultural welfare of southern university and a&m college system and to provide additional resources for the benefit of the university system, to encourage, solicit, receive, and administer gifts and requests of property and funds for scientific, educational and charitable purposes, all for the advancement of the southern university system.

The organization's primary exempt purpose is to promote the educational and cultural welfare of southern university and a&m college system and to provide additional resources for the benefit of the university system, to encourage, solicit, receive, and administer gifts and request of property and funds for scientific, educational and charitable purposes, all for the advancement of the southern university system.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$22,608,979$23,317,427▲ $708,448
Accounts Receivable$19,676,664$20,530,006▲ $853,342
Pledges and Grants Receivable$6,277,769$12,758,128▲ $6,480,359
Land, Buildings, and Equipment, Net$8,990,143$9,478,878▲ $488,735
Cash and Non-Interest-Bearing Accounts$4,740,529$3,733,516▼ $1,007,013
Other Notes and Loans Receivable, Net$734,795--
Prepaid Expenses and Deferred Charges$834,340$421,591▼ $412,749
Intangible Assets$4,464$4,464→ $0
Total Assets$63,867,683$70,244,010▲ $6,376,327
Liabilities
Tax Exempt Bond Liabilities$24,118,139$20,414,696▼ $3,703,443
Grants Payable$13,286,450$13,139,148▼ $147,302
Mortgage Notes Payable Secured by Investment Property-$5,756,933-
Unsecured Notes Loans Payable$750,819--
Accounts Payable and Accrued Expenses$908,239$228,611▼ $679,628
Deferred Revenue$61,385$61,385→ $0
Other Liabilities$3,692$3,692→ $0
Total Liabilities$39,128,724$39,604,465▲ $475,741
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,675,708$30,639,545▲ $26,963,837
Net Assets With Donor Restrictions$21,063,251--
Total Net Assets Fund Balance$24,738,959$30,639,545▲ $5,900,586
Total Liabilities and Net Assets / Fund Balance$63,867,683$70,244,010▲ $6,376,327

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,442,992$934,782$7,377,774
Other Land Buildings$714,305$3,470,841$4,185,146
Land$2,282,106-$2,282,106
Equipment$39,475$135,734$175,209

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$19,121,702$1,835,103▲ $4,265,206$1,700,378-
2022$21,573,229--$2,451,527-
2021$17,534,178$636,666▲ $1,993,964$813,691-
2020$15,279,973$833,944▲ $2,376,358$955,557-
Compensation and Service Providers
Top Officer Pay27th percentile

Board Members and Trustees

NameTitle
Fred BanksChair
Allison YoungVice Chair
Anna JonesBoard Member
Deidre RobertBoard Member
Dexter HendersonBoard Member
Domoine RutledgeBoard Member
Gary WilliamsBoard Member
Henry BaptisteBoard Member
Irving MatthewsBoard Member
Joseph StewartBoard Member
Juliena HebertBoard Member
Kelvin ConeyBoard Member
Linda JohnsonBoard Member
Louis HenryBoard Member
Martin JohnsonBoard Member
Rev James BrownBoard Member
Roderick HillBoard Member
Wilbert Ferdinand JrBoard Member
Alfred HarrellCEO/secretar
Judge Luke LavergneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$17,295,993
Program Service Revenue
$1,709,436
Investment Income
$14,001
Other Revenue
$1,994,596
All Other Contributions
$17,295,993
Change in Net Assets
$7,348,813
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$12,998,755
Total Fundraising Expense$751,749
Salaries, Compensation, and Employee Benefits$541,983
Grants and Similar Amounts Paid$124,475
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$3,029,970$1,587,493-$4,617,463
All Other Expenses$482,572$1,794,714$2,186$2,279,472
Office Expenses$572,830$159,881$69,283$801,994
Other Expenses$290,810$256,158-$546,968
Other Salaries and Wages-$26,440$515,543$541,983
Advertising$379,962-$64,630$444,592
Conferences and Meetings$326,036$29,596-$355,632
Travel$221,153-$100,107$321,260
Information Technology$78,342$64,073-$142,415
Grants to Domestic Individuals$124,475--$124,475
Fees for Services Legal$32,288$76,431-$108,719
Interest-$94,508-$94,508
Insurance-$28,563-$28,563
Fees for Services Accounting-$26,594-$26,594
Occupancy$154--$154
Total Functional Expenses$7,005,412$5,908,052$751,749$13,665,213
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
Other$3,692

Bond Issues

BondIssuerIssuedIssue PricePurpose
ALa Public Facilities Authority2006-12-13$59,990,000-

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
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, Page 6, Part VI, Line 11B

“Foem 990 is reviewed and approved by the board and signed by an appropriate board member prior to filing”

Form 990, Page 6, Part VI, Line 12C

“Board members are required to annually disclose all potential conflicts of interest.”

Form 990, Page 6, Part VI, Line 15A

“Board reviews the ceo's salary.”

Form 990, Page 6, Part VI, Line 19

“Documents are made available upon request.”

Filing and Contact Details

Filer

Filer Name
Southern Univerty System
EIN
23-7052911
Phone
2257713911
Address
598 HARDING BLVD, BATON ROUGE, LA 70813

Signing Officer

Name
Alfred Harrell
Title
CEO/secretary
Phone
2257713911
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Ray Belton
Formed
1970
Legal Domicile
La
Voting Board Members
21
Independent Board Members
21
Employees
3

Preparer

Firm
Sean Bruno Cpas
Address
6100 ELYSIAN FIELDS AVE STE 200, NEW ORLEANS, LA 70122-4210
Preparer
Sheldon M Bruno
Phone
5042413411
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The organization's primary exempt purpose is to promote the educational and cultural welfare of southern university and a&m college system and to provide additional resources for the benefit of the university system, to encourage, solicit, receive, and administer gifts and request of property and funds for scientific, educational and charitable purposes, all for the advancement of the southern university system.”

Form 990, Part IX, Line 24E

“Vc philanthropy 0 488,880 0 capital enhancement proje 50,336 437,067 0 bayou classic 0 299,326 0 professional development 29,188 223,266 0 administration fees 169,235 0 0 innovation center 0 168,701 0 repairs and maintenance 64,562 53,493 0 subscriptions 51,518 48,412 0 equipment rental 66,011 22,880 0 dues and memberships 41,201 15,229 0 taxes 0 43,661 0 tcp/jaguar park 0 3,030 0 security 0 560 2,186 contract labor 0 2,560 0 bank fees 10,521 -12,351 0 total 482,572 1,794,714 2,186”

Form 990, Part XI, Line 9

“Net asset adjustment -4,148,756”

Raw XML AppendixShowing 400 of 554 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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