Civic Intelligence

Ecsu Foundation Inc.

990 • Fiscal year 2018 • EIN 23-7111053

Jul 01, 2017 to Jun 30, 2018 • Filed on Feb 08, 2019

Organization ProfileFOUNDATION.EASTERNCT.EDU
P O Box 431Willimantic, CT 06226

(860) 465-4515

Siviq Scores

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

Liabilities / Assets

18th percentile

0.02x

Higher debt load relative to assets than 18% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

37th percentile

0.14x

Higher debt load relative to revenue than 37% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

84th percentile

32%

Higher net margin than 84% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

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

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

61st percentile

4.7%

Faster asset growth than 61% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

80th percentile

24%

Faster revenue growth than 80% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets18th percentile

Assets

Up

$19,445,267

Up $879,352 (+4.7%) from 2017

Net Assets

Up

$19,037,325

Up $867,386 (+4.8%) from 2017

Liabilities

Up

$407,942

Up $11,966 (+3.0%) from 2017

Revenue And Expenses
Liabilities / Revenue37th percentileNet Margin84th percentile

Revenue

Up

$2,983,572

Up $577,821 (+24%) from 2017

Expenses

Down

$2,014,710

Down $140,877 (-6.5%) from 2017

Net Income

Up

$968,862

Up $718,698 (+287%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth61st percentile

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

$30M$20M$10M$0Assets 2012: $16,863,617Liabilities 2012: $449,380Net Assets 2012: $16,414,2372012Assets 2013: $18,001,721Liabilities 2013: $614,789Net Assets 2013: $17,386,9322013Assets 2014: $19,329,090Liabilities 2014: $1,086,651Net Assets 2014: $18,242,4392014Assets 2015: $18,911,101Liabilities 2015: $950,136Net Assets 2015: $17,960,9652015Assets 2016: $18,046,065Liabilities 2016: $404,550Net Assets 2016: $17,641,5152016Assets 2017: $18,565,915Liabilities 2017: $395,976Net Assets 2017: $18,169,9392017Assets 2018: $19,445,267Liabilities 2018: $407,942Net Assets 2018: $19,037,3252018Assets 2019: $19,713,137Liabilities 2019: $418,742Net Assets 2019: $19,294,3952019Assets 2020: $19,955,948Liabilities 2020: $615,710Net Assets 2020: $19,340,2382020Assets 2021: $23,527,312Liabilities 2021: $505,491Net Assets 2021: $23,021,8212021Assets 2022: $21,101,250Liabilities 2022: $442,841Net Assets 2022: $20,658,4092022Assets 2023: $23,569,294Liabilities 2023: $1,270,633Net Assets 2023: $22,298,6612023Assets 2024: $26,204,468Liabilities 2024: $1,156,109Net Assets 2024: $25,048,3592024Assets 2025: $27,993,614Liabilities 2025: $718,927Net Assets 2025: $27,274,6872025

Highlighted filing

2018

Assets$19,445,267
Liabilities$407,942
Net Assets$19,037,325
Open 2018 Filing

Operations Trend

Revenue Growth80th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $2,385,4392012Expenses 2013: $2,063,6542013Revenue 2014: $2,522,855Expenses 2014: $2,649,835Net Income 2014: -$126,9802014Revenue 2015: $3,403,368Expenses 2015: $2,520,796Net Income 2015: $882,5722015Revenue 2016: $2,247,341Expenses 2016: $2,552,615Net Income 2016: -$305,2742016Revenue 2017: $2,405,751Expenses 2017: $2,155,587Net Income 2017: $250,1642017Revenue 2018: $2,983,572Expenses 2018: $2,014,710Net Income 2018: $968,8622018Revenue 2019: $2,220,340Expenses 2019: $2,438,875Net Income 2019: -$218,5352019Revenue 2020: $2,701,020Expenses 2020: $1,698,458Net Income 2020: $1,002,5622020Revenue 2021: $3,586,481Expenses 2021: $1,294,621Net Income 2021: $2,291,8602021Revenue 2022: $2,583,689Expenses 2022: $1,969,923Net Income 2022: $613,7662022Revenue 2023: $2,680,613Expenses 2023: $2,093,296Net Income 2023: $587,3172023Revenue 2024: $2,246,741Expenses 2024: $872,931Net Income 2024: $1,373,8102024Revenue 2025: $2,754,370Expenses 2025: $967,090Net Income 2025: $1,787,2802025

Highlighted filing

2018

Revenue$2,983,572
Expenses$2,014,710
Net Income$968,862
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Feb 8, 2019
Return Version
2017v2.3
Gross Receipts
$8,018,027
Mission and Program Overview

Mission

The ecsu foundation, inc. Is dedicated to support of education, research, programs and scholarships at eastern connecticut state university.

Support scholarships and special programs at eastern connecticut state university.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$12,916,661$14,319,047▲ $1,402,386
Land, Buildings, and Equipment, Net$2,020,013$1,966,659▼ $53,354
Savings and Temporary Cash Investments$922,599$784,636▼ $137,963
Pledges and Grants Receivable$314,612$164,095▼ $150,517
Cash and Non-Interest-Bearing Accounts$34,264$41,883▲ $7,619
Inventories for Sale or Use$26,587$25,777▼ $810
Prepaid Expenses and Deferred Charges$2,913$10,588▲ $7,675
Total Assets$18,565,915$19,445,267▲ $879,352
Other Assets Total$2,328,266$2,132,582▼ $195,684
Liabilities
Accounts Payable and Accrued Expenses$395,976$407,942▲ $11,966
Total Liabilities$395,976$407,942▲ $11,966
Net Assets / Fund Balance
Permanently Rstr Net Assets$14,215,336$15,226,870▲ $1,011,534
Temporarily Rstr Net Assets$4,245,068$4,447,387▲ $202,319
Unrestricted Net Assets$-290,465$-636,932▼ $346,467
Total Net Assets Fund Balance$18,169,939$19,037,325▲ $867,386
Total Liabilities and Net Assets / Fund Balance$18,565,915$19,445,267▲ $879,352

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,010,322$331,375$1,341,697
Land$899,200-$899,200
Equipment$57,137$133,332$190,469
Other Land Buildings$0$16,965$16,965
Other Assets Org$300,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$14,390,999$940,895▲ $1,041,921$616,777$15,757,038
2016$13,447,512$459,261▲ $1,195,577$711,351$14,390,999
2015$13,290,366$434,850▲ $499,252$776,956$13,447,512
2014$13,220,620$437,359▲ $316,675$684,288$13,290,366
2013$12,285,975$309,890▲ $1,334,288$698,533$13,220,620
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
Justin MurphyPresident
Kathleen M Regan-pyneVice President
Brian SullivanDirector
David a WhiteheadDirector
Ellen LangDirector
Hans WeissDirector
Jeffrey N BrownDirector
Joseph D LobeDirector
Kathleen FabianDirector
Magdalena RodriguezDirector
Mark D BradleyDirector
Marlene PicheDirector
Mary MattkeDirector
Pamela RiccioDirector
Pedro JohnsonDirector
Robert ZarnetskeDirector
Russell Tim WhiteDirector
Sarah KannasDirector
Tracey BoydenDirector
Wendy ErnstDirector
Dr Barbara CandalesOutgoing Director
Francis PerrottiOutgoing Director
Michael RomanskiOutgoing Director
Dr Steve Watts JrSecretary
Anne IezziTreasurer
Kenneth J DelisaVP/institutional Advancement
Revenue and Support

Revenue Composition

Contributions and Grants
$1,980,855
Program Service Revenue
$0
Investment Income
$942,457
Other Revenue
$60,260
All Other Contributions
$1,444,025
Change in Net Assets
$968,862

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$33,000Fair Market Value (FMV)
Clothing and Household Goods-$16,670Fair Market Value (FMV)
Securities Publicly Traded2$8,213Fair Market Value (FMV)
Other Non Cash Contri Table1$1,300Fair Market Value (FMV)
Total Noncash Contributions4$59,183-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,979,956
Revenue Not Reported on Financial Statements
$3,616
Revenue Not Reported on Form 990
$104,124
Other Revenue Adjustments
$-71,639
Total Revenue per Audited Statements
$3,084,080
Total Revenue per Form 990
$2,983,572
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,227,462
Other Expenses$642,060
Total Fundraising Expense$200,881
Salaries, Compensation, and Employee Benefits$121,228
Professional Fundraising Fees$23,960

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,227,462--$1,227,462
Occupancy$140,003$400-$140,403
Other Salaries and Wages-$111,565-$111,565
Fees for Service Investment Mgmnt Fees-$75,255-$75,255
Depreciation Depletion$52,036--$52,036
Office Expenses-$35,565-$35,565
Fees for Services Accounting-$25,760-$25,760
Other Expenses$25,177-$26,740$25,177
Fees for Services Professional Fundraising--$23,960$23,960
Fees for Services Other-$17,407-$17,407
All Other Expenses$11,509$5,266-$16,775
Payroll Taxes-$9,663-$9,663
Insurance-$6,760-$6,760
Travel$4,713--$4,713
Fees for Services Legal-$2,916-$2,916
Advertising-$1,325-$1,325
Total Functional Expenses$1,521,947$291,882$200,881$2,014,710

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,016,694
Total Expenses per Form 990$2,014,710
Expenses per Audited Statements$1,939,455
Expenses Not Reported on Form 990$77,239
Expenses Not Reported on Financial Statements$75,255
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Eastern Connecticut State UniversityWillimantic, CT501(c)3To Fund Academic/program Support and Scholarships for Students of Eastern Connecticut State University.$1,198,056
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$110,341
Fundraising Direct Expenses$71,639
Professional Fundraising Fees$23,960

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$70,385$63,344$3,592$59,752
Golf Tournament- Athleyics$79,643$34,803$3,654$31,149
Total Events$176,728$110,341$71,639$38,702
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form 990 is reviewed by management and the executive commitee of the board prior to submitting the form 990 to the internal revenue service.”

Form 990, Part VI, Section B, Line 15

“The foundation does not compensate any officers, directors, trustees or key employees. An employee of eastern connecticut state university acts as the liason between the university and the foundation.”

Form 990, Part VI, Section C, Line 19

“Documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Ecsu Foundation Inc
EIN
23-7111053
Phone
8604654515
Address
P O BOX 431, WILLIMANTIC, CT 06226

Signing Officer

Name
Justin Murphy
Title
President
Phone
8604654515
Signed
2019-02-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Justin Murphy
Formed
1971
Legal Domicile
Ct
Voting Board Members
22
Independent Board Members
22
Employees
2
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
350 CHURCH STREET 12TH FLOOR, HARTFORD, CT 06103
Preparer
Patricia Mcgowan
Phone
9592007000
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Impairment loss -200,000.”

FORM 990, PART XII, LINE 2C:

“There have been no changes made to the organization's oversight or selection processes during the tax year.”

Financial Statement Notes

PART III, LINE 4:

“The artwork held by the foundation is made up of paintings, drawings, and sculptures, which were donated to the foundation or purchased from artists. The collection of art helps support the university's art program and the artists by displaying and recognizing artwork through public displays and galleries.”

PART V, LINE 4:

“The foundation maintains the endowment to provide scholarships and fund educational programs at eastern connecticut state university.”

PART X, LINE 2:

“The foundation's federal and state income tax returns prior to fiscal year 2015 are closed and management continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. The foundation has no unrecognized tax benefits at june 30, 2018. If the foundation had unrelated business income taxes, it would recognize interest and penalties associated with any tax matters as part of the income tax provision and include accrued interest and penalties with the related tax liability in the statement of financial position.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Fundraising expenses -71,639.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses 71,639.”

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IRS990/Form990PartVIISectionAGrp/PersonNm10MARY MATTKE
IRS990/Form990PartVIISectionAGrp/PersonNm11KATHLEEN FABIAN
IRS990/Form990PartVIISectionAGrp/PersonNm12MARLENE PICHE
IRS990/Form990PartVIISectionAGrp/PersonNm13PAMELA RICCIO
IRS990/Form990PartVIISectionAGrp/PersonNm14MAGDALENA RODRIGUEZ
IRS990/Form990PartVIISectionAGrp/PersonNm15SARAH KANNAS
IRS990/Form990PartVIISectionAGrp/PersonNm16BRIAN SULLIVAN
IRS990/Form990PartVIISectionAGrp/PersonNm17HANS WEISS
IRS990/Form990PartVIISectionAGrp/PersonNm18RUSSELL TIM WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm19DAVID A WHITEHEAD
IRS990/Form990PartVIISectionAGrp/PersonNm20ELLEN LANG
IRS990/Form990PartVIISectionAGrp/PersonNm21ROBERT ZARNETSKE
IRS990/Form990PartVIISectionAGrp/PersonNm22DR BARBARA CANDALES
IRS990/Form990PartVIISectionAGrp/PersonNm23FRANCIS PERROTTI
IRS990/Form990PartVIISectionAGrp/PersonNm24MICHAEL ROMANSKI
IRS990/Form990PartVIISectionAGrp/PersonNm25KENNETH J DELISA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/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/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22OUTGOING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23OUTGOING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24OUTGOING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25VP/INSTITUTIONAL ADVANCEMENT
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01971
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt066387
IRS990/FundraisingDirectExpensesAmt071639
IRS990/FundraisingGrossIncomeAmt0110341
IRS990/GainOrLossGrp/SecuritiesAmt0647732
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt022
IRS990/GovernmentGrantsAmt0470443
IRS990/GrantAmt01227462
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01227462
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01227462
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt05478988
IRS990/GrossReceiptsAmt08018027
IRS990/GrossRentsGrp/RealAmt0133931
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt022
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt06760
IRS990/InsuranceGrp/TotalAmt06760
IRS990/InventoriesForSaleOrUseGrp/BOYAmt026587
IRS990/InventoriesForSaleOrUseGrp/EOYAmt025777
IRS990/InvestmentIncomeGrp/ExclusionAmt0294725
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0294725
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt012916661
IRS990/InvestmentsPubTradedSecGrp/EOYAmt014319047
IRS990/IRPDocumentCnt055
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0481672
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02020013
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01966659
IRS990/LandBldgEquipCostOrOtherBssAmt02448331
IRS990/LegalDomicileStateCd0CT
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt04831256
IRS990/LessRentalExpensesGrp/RealAmt0131560
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ECSU FOUNDATION, INC. IS DEDICATED TO THE SUPPORT OF SCHOLARSHIPS AND SPECIAL PROGRAMS AT EASTERN CONNECTICUT STATE UNIVERSITY. THE FOUNDATION IS DIRECTED BY A VOLUNTEER BOARD OF BUSINESS LEADERS AND CIVIC-MINDED FRIENDS OF THE UNIVERSITY. THE FOUNDATION SOLICITS FUNDS FOR A VARIETY OF PURPOSES CENTRAL TO THE HEALTH OF THE UNIVERSITY, INCLUDING STUDENT SCHOLARSHIPS (UNDERGRADUATE AND GRADUATE), LECTURESHIPS, EQUIPMENT, SPECIAL PROGRAMS AND NEW ACADEMIC INITIATIVES. THE FOUNDATION PROVIDES VITALLY NEEDED DOLLARS FOR A VARIETY OF PROJECTS AND PROGRAMS THAT ARE NOT FUNDED BY THE STATE BUDGET. FOUNDATION SCHOLARSHIPS CREATE THE CRITICAL MARGIN OF DIFFERENCE FOR STUDENTS WHO MIGHT OTHERWISE NOT BE ABLE TO ATTEND EASTERN CONNECTICUT STATE UNIVERSITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt018169939
IRS990/NetAssetsOrFundBalancesEOYAmt019037325
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0647732
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0647732
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt038702
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt038702
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt02371
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt02371
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt098524
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt059183
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0400
IRS990/OccupancyGrp/ProgramServicesAmt0140003
IRS990/OccupancyGrp/TotalAmt0140403
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt035565
IRS990/OfficeExpensesGrp/TotalAmt035565
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02328266
IRS990/OtherAssetsTotalGrp/EOYAmt02132582
IRS990/OtherChangesInNetAssetsAmt0-200000
IRS990/OtherExpensesGrp/Desc0RECEPTIONS AND BANQUETS
IRS990/OtherExpensesGrp/Desc1IN KIND DONATION
IRS990/OtherExpensesGrp/Desc2PLAQUES AND RECOGNITION
IRS990/OtherExpensesGrp/Desc3UNIVERSITY PRESIDENTS E
IRS990/OtherExpensesGrp/FundraisingAmt0150181
IRS990/OtherExpensesGrp/FundraisingAmt126740
IRS990/OtherExpensesGrp/ProgramServicesAmt010076
IRS990/OtherExpensesGrp/ProgramServicesAmt150971
IRS990/OtherExpensesGrp/ProgramServicesAmt225177
IRS990/OtherExpensesGrp/TotalAmt0160257
IRS990/OtherExpensesGrp/TotalAmt150971
IRS990/OtherExpensesGrp/TotalAmt226740
IRS990/OtherExpensesGrp/TotalAmt325177
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt019187
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt019187
IRS990/OtherRevenueTotalAmt019187
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0111565
IRS990/OtherSalariesAndWagesGrp/TotalAmt0111565
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09663
IRS990/PayrollTaxesGrp/TotalAmt09663
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt014215336
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt015226870
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0314612
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0164095
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02913
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010588
IRS990/PrincipalOfficerNm0JUSTIN MURPHY
IRS990/ProfessionalFundraisingInd01
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02108864
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01457153
IRS990/PYInvestmentIncomeAmt0298576
IRS990/PYOtherExpensesAmt0545310
IRS990/PYOtherRevenueAmt0-1689
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0250164
IRS990/PYSalariesCompEmpBnftPaidAmt0113569
IRS990/PYTotalExpensesAmt02155587
IRS990/PYTotalProfFndrsngExpnsAmt039555
IRS990/PYTotalRevenueAmt02405751
IRS990/QuidProQuoContributionsInd01

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$19,445,267
Liabilities
$407,942
Net assets
$19,037,325
Revenue
$2,983,572
Expenses
$2,014,710
Net income
$968,862
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$28.0$0.72$27.3$2.75$0.97$1.79
2024Detailed filing. Detailed filing data is available for this year.$26.2$1.16$25.0$2.25$0.87$1.37
2023Detailed filing. Detailed filing data is available for this year.$23.6$1.27$22.3$2.68$2.09$0.59
2022Detailed filing. Detailed filing data is available for this year.$21.1$0.44$20.7$2.58$1.97$0.61
2021Detailed filing. Detailed filing data is available for this year.$23.5$0.51$23.0$3.59$1.29$2.29
2020Detailed filing. Detailed filing data is available for this year.$20.0$0.62$19.3$2.70$1.70$1.00
2019Detailed filing. Detailed filing data is available for this year.$19.7$0.42$19.3$2.22$2.44$0.22
2018Detailed filing. Detailed filing data is available for this year.$19.4$0.41$19.0$2.98$2.01$0.97
2017Detailed filing. Detailed filing data is available for this year.$18.6$0.40$18.2$2.41$2.16$0.25
2016Detailed filing. Detailed filing data is available for this year.$18.0$0.40$17.6$2.25$2.55$0.31
2015Detailed filing. Detailed filing data is available for this year.$18.9$0.95$18.0$3.40$2.52$0.88
2014Detailed filing. Detailed filing data is available for this year.$19.3$1.09$18.2$2.52$2.65$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.0$0.61$17.4$2.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.9$0.45$16.4$2.39