Civic Intelligence

Jackson State University Development Foundation Inc.

990 • Fiscal year 2020 • EIN 23-7061115

Jul 01, 2019 to Jun 30, 2020 • Filed on Oct 29, 2020

Organization ProfileN/A
PO Box 17144Jackson, MS 39217

(601) 979-2282

Siviq Scores

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

Liabilities / Assets

55th percentile

0.33x

Higher debt load relative to assets than 55% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Liabilities / Revenue

92nd percentile

4.18x

Higher debt load relative to revenue than 92% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Net Margin

88th percentile

40%

Higher net margin than 88% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Top Officer Pay

6th percentile

$0

Higher top officer pay than 6% of similar nonprofits.

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

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Asset Growth

15th percentile

-3.3%

Faster asset growth than 15% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Revenue Growth

4th percentile

-55%

Faster revenue growth than 4% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$58,526,544

Down $1,985,305 (-3.3%) from 2019

Net Assets

Up

$39,117,177

Up $1,469,441 (+3.9%) from 2019

Liabilities

Down

$19,409,367

Down $3,454,746 (-15%) from 2019

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin88th percentile

Revenue

Down

$4,647,323

Down $5,739,577 (-55%) from 2019

Expenses

Down

$2,765,510

Down $4,497,646 (-62%) from 2019

Net Income

Down

$1,881,813

Down $1,241,931 (-40%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth15th percentile

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

$80M$60M$40M$20M$0Assets 2015: $51,206,720Liabilities 2015: $26,291,932Net Assets 2015: $24,914,7882015Assets 2018: $54,569,751Liabilities 2018: $20,379,310Net Assets 2018: $34,190,4412018Assets 2019: $60,511,849Liabilities 2019: $22,864,113Net Assets 2019: $37,647,7362019Assets 2020: $58,526,544Liabilities 2020: $19,409,367Net Assets 2020: $39,117,1772020Assets 2021: $53,182,695Liabilities 2021: $15,201,840Net Assets 2021: $37,980,8552021Assets 2022: $53,301,060Liabilities 2022: $13,852,650Net Assets 2022: $39,448,4102022Assets 2023: $53,451,370Liabilities 2023: $6,128,500Net Assets 2023: $47,322,8702023Assets 2024: $65,747,054Liabilities 2024: $11,827,583Net Assets 2024: $53,919,4712024

Highlighted filing

2020

Assets$58,526,544
Liabilities$19,409,367
Net Assets$39,117,177
Open 2020 Filing

Operations Trend

Revenue Growth4th percentile

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2015: $3,995,016Expenses 2015: $4,228,086Net Income 2015: -$233,0702015Revenue 2018: $7,837,872Expenses 2018: $4,852,570Net Income 2018: $2,985,3022018Revenue 2019: $10,386,900Expenses 2019: $7,263,156Net Income 2019: $3,123,7442019Revenue 2020: $4,647,323Expenses 2020: $2,765,510Net Income 2020: $1,881,8132020Revenue 2021: $14,096,269Expenses 2021: $5,257,354Net Income 2021: $8,838,9152021Revenue 2022: $12,920,663Expenses 2022: $10,030,589Net Income 2022: $2,890,0742022Revenue 2023: $17,890,350Expenses 2023: $11,367,617Net Income 2023: $6,522,7332023Revenue 2024: $15,263,926Expenses 2024: $8,223,758Net Income 2024: $7,040,1682024

Highlighted filing

2020

Revenue$4,647,323
Expenses$2,765,510
Net Income$1,881,813
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Oct 29, 2020
Return Version
2019v5.0
Gross Receipts
$6,258,161
Mission and Program Overview

Mission

Scholarships and university support

To provide financial support to with academic programs, student scholarships as well as general university support

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$25,327,745$26,985,606▲ $1,657,861
Investments in Publicly Traded Securities$24,074,983$25,545,266▲ $1,470,283
Land, Buildings, and Equipment, Net$21,280,375$20,810,501▼ $469,874
Other Notes and Loans Receivable, Net$4,502,400$4,502,400→ $0
Accounts Receivable$7,292,734$3,798,549▼ $3,494,185
Cash and Non-Interest-Bearing Accounts$1,922,132$2,005,459▲ $83,327
Pledges and Grants Receivable$1,392,021$1,678,346▲ $286,325
Savings and Temporary Cash Investments$12,746$150,666▲ $137,920
Investments Program Related$24,368$24,368→ $0
Total Assets$60,511,849$58,526,544▼ $1,985,305
Other Assets Total$10,090$10,989▲ $899
Liabilities
Mortgage Notes Payable Secured by Investment Property$21,349,672$18,018,514▼ $3,331,158
Accounts Payable and Accrued Expenses$1,505,709$1,382,121▼ $123,588
Escrow Account Liability$8,732$8,732→ $0
Total Liabilities$22,864,113$19,409,367▼ $3,454,746
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,319,991$12,131,571▼ $188,420
Total Net Assets Fund Balance$37,647,736$39,117,177▲ $1,469,441
Total Liabilities and Net Assets / Fund Balance$60,511,849$58,526,544▼ $1,985,305

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$28,145,233$1,636,568▲ $253,510$431,889$29,603,422
2018$23,219,390$1,630,002▲ $3,295,841-$28,145,233
2017$18,879,178$1,600,151▲ $2,740,061-$23,219,390
2016$15,207,286$781,009▼ $167,861-$15,820,434
2015$12,928,442$937,619▲ $541,441$191,798$14,207,286
Compensation and Service Providers
Top Officer Pay6th percentile

Board Members and Trustees

NameTitle
Debra McgeeChair
Robert CookVice Chair
Ashley RobinsoEx Officio
Daarel BurnettEx Officio
E NorwoodEx Officio
J ThompsonEx Officio
Thomas HudsonEx Officio
Veronica CohenEx Officio
Alveno CastillMember
Anthony WebbMember
Darryl PilateMember
Earl WashingtoMember
Greg ThompsonMember
Guyna JohnsonMember
Howard CatchinMember
Robert CrearMember
Stanley SimsMember
Leroy WalkerSecretary
Brian JohnsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,328,216
Program Service Revenue
$108,874
Investment Income
$533,387
Other Revenue
$676,846
All Other Contributions
$2,770,489
Change in Net Assets
$1,881,813
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,712,440
Total Fundraising Expense$113,657
Salaries, Compensation, and Employee Benefits$53,070
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management-$1,426,625-$1,426,625
All Other Expenses$9,497$648,727-$658,224
Interest-$137,170-$137,170
Fees for Services Legal-$77,760-$77,760
Travel$77,108--$77,108
Other Employee Benefits$39,375$13,695-$53,070
Insurance$115$51,706-$51,821
Advertising$32,579$13,878-$46,457
Information Technology-$18,685-$18,685
Fees for Services Accounting-$9,020-$9,020
Conferences and Meetings-$6,769-$6,769
Other Expenses---$1,444
Total Functional Expenses$163,164$2,488,689$113,657$2,765,510
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$152,610
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Mep Scholars$217,840$217,840$87,995$129,845
Total Events$217,840$217,840$152,610$65,230
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Alveno CastillaBoard MemberContract LaborNo$77,760
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

990 Pg 6, Part VI, Section B, 11B

“Copies of the 990 are reviewed by the finance committee and copies are made available to the enire board of directors for discussion with memebers during regular meetings”

990, Pg 6, Part VI, Section B, 12C

“Board members are required to complete a conflice of interest declaration annually.”

990, Pg 6, Part VI Section B, 15 A&B

“The board of directors approve an annual supplement to the president of jackson state university a related party entity the president of jackson state university is a board member”

990 , Pg 6 Part VI, Section B 15 A&B

“Also, the university determines the compensation of all employees and the foundation has the authority to provice any enhancements to their compensation”

990, Pg 6, Part VI, Section C, 19

“The foundation makes its governing documents. Conflict of interest policy and financial statements available upon request”

Filing and Contact Details

Filer

Filer Name
Jackson State University
EIN
23-7061115
Phone
6019792282
Address
PO BOX 17144, JACKSON, MS 39217

Signing Officer

Name
Jerome Tinker
Title
Executive Director
Signed
2020-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jerome Tinkler
Legal Domicile
Ms
Voting Board Members
20
Independent Board Members
20
Employees
0

Preparer

Firm
Turner & Associates
Address
3155 J R LYNCH STREET, JACKSON, MS 39209
Preparer
Marvel a Turner Sr CPA
Phone
6013535820
Supplemental Narrative

Additional Explanations

Part XI, Line 9

“TRANSFER IN (OUT) OF”

Financial Statement Notes

Sch D, Part X, Line 2

“The foundation accounts for income taxes in accordance with”

Sch D, Page 2, Part IV, Line 2B

“Funds in the amount of 8434 is held in trust in cash bank accountsfor contributions collected from donors in support of projects”

Raw XML AppendixShowing 400 of 608 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01505709
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01382121
IRS990/AccountsReceivableGrp/BOYAmt07292734
IRS990/AccountsReceivableGrp/EOYAmt03798549
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE FINANCIAL SUPPORT TO WITH ACADEMIC PROGRAMS, STUDENT SCHOLARSHIPS AS WELL AS GENERAL UNIVERSITY SUPPORT
IRS990/AdvertisingGrp/ManagementAndGeneralAmt013878
IRS990/AdvertisingGrp/ProgramServicesAmt032579
IRS990/AdvertisingGrp/TotalAmt046457
IRS990/AllOtherContributionsAmt02770489
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0648727
IRS990/AllOtherExpensesGrp/ProgramServicesAmt09497
IRS990/AllOtherExpensesGrp/TotalAmt0658224
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0VERONICA COHEN
IRS990/BooksInCareOfDetail/PhoneNum06019791760
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0JACKSON STATE
IRS990/BooksInCareOfDetail/USAddress/CityNm0JACKSON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MS
IRS990/BooksInCareOfDetail/USAddress/ZIPCd039217
IRS990/BusinessRlnWith35CtrlEntInd0true
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0true
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt025327745
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt026985606
IRS990/CashNonInterestBearingGrp/BOYAmt01922132
IRS990/CashNonInterestBearingGrp/EOYAmt02005459
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0true
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt06769
IRS990/ConferencesMeetingsGrp/TotalAmt06769
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt0217840
IRS990/CreditCounselingInd0true
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03328216
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0533387
IRS990/CYOtherExpensesAmt02712440
IRS990/CYOtherRevenueAmt0676846
IRS990/CYProgramServiceRevenueAmt0108874
IRS990/CYRevenuesLessExpensesAmt01881813
IRS990/CYSalariesCompEmpBnftPaidAmt053070
IRS990/CYTotalExpensesAmt02765510
IRS990/CYTotalFundraisingExpenseAmt0113657
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04647323
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0SUPPORTED THE UNIVERSITY WITH GENERAL, ACADEMIC, STUDENT SERVICES
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0true
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0true
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt08732
IRS990/EscrowAccountLiabilityGrp/EOYAmt08732
IRS990/ExpenseAmt0163164
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09020
IRS990/FeesForServicesAccountingGrp/TotalAmt09020
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt077760
IRS990/FeesForServicesLegalGrp/TotalAmt077760
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt01426625
IRS990/FeesForServicesManagementGrp/TotalAmt01426625
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt150
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt160
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt170
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt180
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt190
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt181
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt191
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd1X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd2X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd3X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd4X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/PersonNm0DEBRA MCGEE
IRS990/Form990PartVIISectionAGrp/PersonNm1ROBERT CREAR
IRS990/Form990PartVIISectionAGrp/PersonNm2STANLEY SIMS
IRS990/Form990PartVIISectionAGrp/PersonNm3GREG THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm4LEROY WALKER
IRS990/Form990PartVIISectionAGrp/PersonNm5DARRYL PILATE
IRS990/Form990PartVIISectionAGrp/PersonNm6ANTHONY WEBB
IRS990/Form990PartVIISectionAGrp/PersonNm7ALVENO CASTILL
IRS990/Form990PartVIISectionAGrp/PersonNm8HOWARD CATCHIN
IRS990/Form990PartVIISectionAGrp/PersonNm9EARL WASHINGTO
IRS990/Form990PartVIISectionAGrp/PersonNm10ROBERT COOK
IRS990/Form990PartVIISectionAGrp/PersonNm11GUYNA JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm12THOMAS HUDSON
IRS990/Form990PartVIISectionAGrp/PersonNm13BRIAN JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm14GUYNA JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm15DAAREL BURNETT
IRS990/Form990PartVIISectionAGrp/PersonNm16VERONICA COHEN
IRS990/Form990PartVIISectionAGrp/PersonNm17ASHLEY ROBINSO
IRS990/Form990PartVIISectionAGrp/PersonNm18J THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm19E NORWOOD
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/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
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/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12EX OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt13TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt14MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15EX OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt16EX OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt17EX OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt18EX OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt19EX OFFICIO
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt0152610
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GovernmentGrantsAmt0557727
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt06258161
IRS990/GrossRentsGrp/RealAmt0747244
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt020
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt018685
IRS990/InformationTechnologyGrp/TotalAmt018685
IRS990/InsuranceGrp/ManagementAndGeneralAmt051706
IRS990/InsuranceGrp/ProgramServicesAmt0115
IRS990/InsuranceGrp/TotalAmt051821
IRS990/InterestGrp/ManagementAndGeneralAmt0137170
IRS990/InterestGrp/TotalAmt0137170
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0533387
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0533387
IRS990/InvestmentInJointVentureInd0true
IRS990/InvestmentsProgramRelatedGrp/BOYAmt024368
IRS990/InvestmentsProgramRelatedGrp/EOYAmt024368
IRS990/InvestmentsPubTradedSecGrp/BOYAmt024074983
IRS990/InvestmentsPubTradedSecGrp/EOYAmt025545266
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05920952
IRS990/LandBldgEquipBasisNetGrp/BOYAmt021280375
IRS990/LandBldgEquipBasisNetGrp/EOYAmt020810501
IRS990/LandBldgEquipCostOrOtherBssAmt026731453
IRS990/LegalDomicileStateCd0MS
IRS990/LessRentalExpensesGrp/RealAmt01458228
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SCHOLARSHIPS AND UNIVERSITY SUPPORT
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt021349672
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt018018514
IRS990/NetAssetsOrFundBalancesBOYAmt037647736
IRS990/NetAssetsOrFundBalancesEOYAmt039117177
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-275781
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-152610
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-710984
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-710984
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt012319991
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt012131571
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0true
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt010090
IRS990/OtherAssetsTotalGrp/EOYAmt010989
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt013695
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt039375
IRS990/OtherEmployeeBenefitsGrp/TotalAmt053070
IRS990/OtherExpensesGrp/TotalAmt0113657
IRS990/OtherExpensesGrp/TotalAmt16415
IRS990/OtherExpensesGrp/TotalAmt281285
IRS990/OtherExpensesGrp/TotalAmt31444
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Other revenue
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01540440
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01540440
IRS990/OtherRevenueTotalAmt01540440
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt04502400
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt04502400
IRS990/PartialLiquidationInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01392021
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01678346
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JEROME TINKLER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0561110
IRS990/ProgramServiceRevenueGrp/Desc0Administrative Rev
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0108874
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0108874
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03777423
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0894131
IRS990/PYInvestmentIncomeAmt03537867
IRS990/PYOtherExpensesAmt06369025
IRS990/PYOtherRevenueAmt02984490
IRS990/PYProgramServiceRevenueAmt087120
IRS990/PYRevenuesLessExpensesAmt03123744
IRS990/PYTotalExpensesAmt07263156
IRS990/PYTotalRevenueAmt010386900
IRS990/ReconcilationRevenueExpnssAmt01881813
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-710984
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0108874
IRS990/SavingsAndTempCashInvstGrp/BOYAmt012746
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0150666
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE AFFILIATES OF THE ORGANIZATION ARE SEPARATE LEGAL ENTITIES BOUND BY OPERATING AGREEMENTS WITH THE FOUNDATION AND NORMAL POLICIES AND PROCEDURES APPLY.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART VI, 10B
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03566056
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03864543
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02882610
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02448652
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02473152
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt015235013
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01814217
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt05187537
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04204278
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03200677
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01050627
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt015457336
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01649314
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01334820
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0750984
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0405185
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt04957682
IRS990ScheduleA/OtherIncome170Grp/TotalAmt09097985
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00.38290
IRS990ScheduleA/PublicSupportPY170Pct00.39880
IRS990ScheduleA/PublicSupportTotal170Amt015235013
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03566056
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03864543
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02882610
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02448652
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02473152
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt015235013
IRS990ScheduleA/TotalSupportAmt039790334
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$58,526,544
Liabilities
$19,409,367
Net assets
$39,117,177
Revenue
$4,647,323
Expenses
$2,765,510
Net income
$1,881,813
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$65.7$11.8$53.9$15.3$8.22$7.04
2023Detailed filing. Detailed filing data is available for this year.$53.5$6.13$47.3$17.9$11.4$6.52
2022Detailed filing. Detailed filing data is available for this year.$53.3$13.9$39.4$12.9$10.0$2.89
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$53.2$15.2$38.0$14.1$5.26$8.84
2020Detailed filing. Detailed filing data is available for this year.$58.5$19.4$39.1$4.65$2.77$1.88
2019Detailed filing. Detailed filing data is available for this year.$60.5$22.9$37.6$10.4$7.26$3.12
2018Detailed filing. Detailed filing data is available for this year.$54.6$20.4$34.2$7.84$4.85$2.99
2015Detailed filing. Detailed filing data is available for this year.$51.2$26.3$24.9$4.00$4.23$0.23