Civic Intelligence

Ecsu Foundation Inc.

990 • Fiscal year 2019 • EIN 23-7111053

Jul 01, 2018 to Jun 30, 2019 • Filed on Dec 10, 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

19th percentile

0.02x

Higher debt load relative to assets than 19% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

46th percentile

0.19x

Higher debt load relative to revenue than 46% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

17th percentile

-9.8%

Higher net margin than 17% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

13th percentile

$0

Higher top officer pay than 13% of similar nonprofits.

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

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

41st percentile

1.4%

Faster asset growth than 41% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

11th percentile

-26%

Faster revenue growth than 11% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets19th percentile

Assets

Up

$19,713,137

Up $267,870 (+1.4%) from 2018

Net Assets

Up

$19,294,395

Up $257,070 (+1.4%) from 2018

Liabilities

Up

$418,742

Up $10,800 (+2.6%) from 2018

Revenue And Expenses
Liabilities / Revenue46th percentileNet Margin17th percentile

Revenue

Down

$2,220,340

Down $763,232 (-26%) from 2018

Expenses

Up

$2,438,875

Up $424,165 (+21%) from 2018

Net Income

Down

-$218,535

Down $1,187,397 (-123%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth41st 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

2019

Assets$19,713,137
Liabilities$418,742
Net Assets$19,294,395
Open 2019 Filing

Operations Trend

Revenue Growth11th 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

2019

Revenue$2,220,340
Expenses$2,438,875
Net Income-$218,535
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Dec 10, 2019
Return Version
2018v3.1
Gross Receipts
$3,038,872
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$14,319,047$15,126,961▲ $807,914
Land, Buildings, and Equipment, Net$1,966,659$1,925,520▼ $41,139
Savings and Temporary Cash Investments$784,636$309,837▼ $474,799
Cash and Non-Interest-Bearing Accounts$41,883$253,101▲ $211,218
Pledges and Grants Receivable$164,095$233,529▲ $69,434
Inventories for Sale or Use$25,777$23,285▼ $2,492
Accounts Receivable-$8,309-
Prepaid Expenses and Deferred Charges$10,588$3,458▼ $7,130
Total Assets$19,445,267$19,713,137▲ $267,870
Other Assets Total$2,132,582$1,829,137▼ $303,445
Liabilities
Accounts Payable and Accrued Expenses$407,942$418,742▲ $10,800
Total Liabilities$407,942$418,742▲ $10,800
Net Assets / Fund Balance
Permanently Rstr Net Assets$15,226,870$15,748,773▲ $521,903
Temporarily Rstr Net Assets$4,447,387$4,152,535▼ $294,852
Unrestricted Net Assets$-636,932$-606,913▲ $30,019
Total Net Assets Fund Balance$19,037,325$19,294,395▲ $257,070
Total Liabilities and Net Assets / Fund Balance$19,445,267$19,713,137▲ $267,870

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$968,605$381,981$1,350,586
Land$899,200-$899,200
Equipment$57,715$131,422$189,137
Other Land Buildings$0$16,965$16,965
Other Assets Org$882--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$15,757,038$488,381▲ $888,950$939,066$16,195,303
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
Compensation and Service Providers
Top Officer Pay13th 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
Robert ZarnetskeDirector
Russell Tim WhiteDirector
Sarah KannasDirector
Tracey BoydenDirector
Wendy ErnstDirector
Pedro JohnsonOutgoing Director
Dr Steve Watts JrSecretary
Anne IezziTreasurer
Kenneth J DelisaVP/institutional Advanceme
Revenue and Support

Revenue Composition

Contributions and Grants
$1,725,284
Program Service Revenue
$0
Investment Income
$471,921
Other Revenue
$23,135
All Other Contributions
$1,654,493
Change in Net Assets
$-218,535

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
Securities Publicly Traded4$30,665Fair Market Value (FMV)
Other Non Cash Contri Table1$16,362Fair Market Value (FMV)
Other Non Cash Contri Table1$10,600Fair Market Value (FMV)
Other Non Cash Contri Table1$4,999Fair Market Value (FMV)
Total Noncash Contributions7$62,626-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,208,476
Revenue Not Reported on Financial Statements
$11,864
Revenue Not Reported on Form 990
$831,828
Other Revenue Adjustments
$-68,146
Total Revenue per Audited Statements
$3,040,304
Total Revenue per Form 990
$2,220,340
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,624,012
Other Expenses$721,242
Total Fundraising Expense$198,491
Salaries, Compensation, and Employee Benefits$93,621
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,624,012--$1,624,012
Occupancy$186,092$11,088-$197,180
Other Salaries and Wages-$86,299-$86,299
Fees for Service Investment Mgmnt Fees-$80,010-$80,010
Depreciation Depletion$48,938$6,089-$55,027
All Other Expenses$19,249$26,909$1,151$47,309
Fees for Services Other-$38,589-$38,589
Fees for Services Accounting-$27,100-$27,100
Other Expenses$24,577$0$0$24,577
Office Expenses-$14,793-$14,793
Other Employee Benefits-$7,322-$7,322
Insurance-$7,225-$7,225
Fees for Services Legal-$5,529-$5,529
Total Functional Expenses$1,929,431$310,953$198,491$2,438,875

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,783,234
Total Expenses per Form 990$2,438,875
Expenses per Audited Statements$2,358,865
Expenses Not Reported on Form 990$424,369
Expenses Not Reported on Financial Statements$80,010
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.$831,609
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$95,993
Fundraising Direct Expenses$68,146
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$53,815$49,033$1,718$47,315
Golf Tournament- Athletics$91,369$36,164$3,768$32,396
Total Events$166,784$95,993$68,146$27,847
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 liaison 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
2019-12-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Justin Murphy
Formed
1971
Legal Domicile
Ct
Voting Board Members
21
Independent Board Members
21
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 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 2016 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, 2019. 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 -68,146.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses 68,146.”

Raw XML AppendixShowing 400 of 682 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0407942
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0418742
IRS990/AccountsReceivableGrp/EOYAmt08309
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SUPPORT SCHOLARSHIPS AND SPECIAL PROGRAMS AT EASTERN CONNECTICUT STATE UNIVERSITY.
IRS990/AllOtherContributionsAmt01654493
IRS990/AllOtherExpensesGrp/FundraisingAmt01151
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt026909
IRS990/AllOtherExpensesGrp/ProgramServicesAmt019249
IRS990/AllOtherExpensesGrp/TotalAmt047309
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MARILYNN ST ONGE BUSINESS MANAGER
IRS990/BooksInCareOfDetail/PhoneNum08604654515
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 431
IRS990/BooksInCareOfDetail/USAddress/CityNm0WILLIMANTIC
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd006226
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt041883
IRS990/CashNonInterestBearingGrp/EOYAmt0253101
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd01
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt070791
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01725284
IRS990/CYGrantsAndSimilarPaidAmt01624012
IRS990/CYInvestmentIncomeAmt0471921
IRS990/CYOtherExpensesAmt0721242
IRS990/CYOtherRevenueAmt023135
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-218535
IRS990/CYSalariesCompEmpBnftPaidAmt093621
IRS990/CYTotalExpensesAmt02438875
IRS990/CYTotalFundraisingExpenseAmt0198491
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02220340
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt06089
IRS990/DepreciationDepletionGrp/ProgramServicesAmt048938
IRS990/DepreciationDepletionGrp/TotalAmt055027
IRS990/Desc0PROMOTION, ENCOURAGEMENT AND ASSISTANCE OF ALL FORMS OF EDUCATION, RESEARCH AND ATHLETICS AS IT RELATES TO EASTERN CONNECTICUT STATE UNIVERSITY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01929431
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt027100
IRS990/FeesForServicesAccountingGrp/TotalAmt027100
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt05529
IRS990/FeesForServicesLegalGrp/TotalAmt05529
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt038589
IRS990/FeesForServicesOtherGrp/TotalAmt038589
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt080010
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt080010
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt181.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt191.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt201.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt211.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt221.50
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/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
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/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/PersonNm0JUSTIN MURPHY
IRS990/Form990PartVIISectionAGrp/PersonNm1KATHLEEN M REGAN-PYNE
IRS990/Form990PartVIISectionAGrp/PersonNm2DR STEVE WATTS JR
IRS990/Form990PartVIISectionAGrp/PersonNm3ANNE IEZZI
IRS990/Form990PartVIISectionAGrp/PersonNm4TRACEY BOYDEN
IRS990/Form990PartVIISectionAGrp/PersonNm5MARK D BRADLEY
IRS990/Form990PartVIISectionAGrp/PersonNm6JEFFREY N BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm7WENDY ERNST
IRS990/Form990PartVIISectionAGrp/PersonNm8PEDRO JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm9JOSEPH D LOBE
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/PersonNm22KENNETH 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/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/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/TitleTxt8OUTGOING DIRECTOR
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/TitleTxt22VP/INSTITUTIONAL ADVANCEME
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01971
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt070791
IRS990/FundraisingDirectExpensesAmt068146
IRS990/FundraisingGrossIncomeAmt095993
IRS990/GainOrLossGrp/OtherAmt0-150000
IRS990/GainOrLossGrp/SecuritiesAmt0255806
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt021
IRS990/GrantAmt01624012
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01624012
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01624012
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0150000
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0687165
IRS990/GrossReceiptsAmt03038872
IRS990/GrossRentsGrp/RealAmt014215
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt021
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt07225
IRS990/InsuranceGrp/TotalAmt07225
IRS990/InventoriesForSaleOrUseGrp/BOYAmt025777
IRS990/InventoriesForSaleOrUseGrp/EOYAmt023285
IRS990/InvestmentIncomeGrp/ExclusionAmt0366115
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0366115
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt014319047
IRS990/InvestmentsPubTradedSecGrp/EOYAmt015126961
IRS990/IRPDocumentCnt057
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0530368
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01966659
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01925520
IRS990/LandBldgEquipCostOrOtherBssAmt02455888
IRS990/LegalDomicileStateCd0CT
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0300000
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0431359
IRS990/LessRentalExpensesGrp/RealAmt019027
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/NetAssetsOrFundBalancesBOYAmt019037325
IRS990/NetAssetsOrFundBalancesEOYAmt019294395
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0105806
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0105806
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt027847
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt027847
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0-4812
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-4812
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0475605
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt062626
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt011088
IRS990/OccupancyGrp/ProgramServicesAmt0186092
IRS990/OccupancyGrp/TotalAmt0197180
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt014793
IRS990/OfficeExpensesGrp/TotalAmt014793
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02132582
IRS990/OtherAssetsTotalGrp/EOYAmt01829137
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07322
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07322
IRS990/OtherExpensesGrp/Desc0RECEPTIONS AND BANQUETS
IRS990/OtherExpensesGrp/Desc1PLAQUES AND RECOGNITION
IRS990/OtherExpensesGrp/Desc2IN KIND DONATION
IRS990/OtherExpensesGrp/Desc3UNIVERSITY PRESIDENTS E
IRS990/OtherExpensesGrp/FundraisingAmt0164243
IRS990/OtherExpensesGrp/FundraisingAmt133097
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt026563
IRS990/OtherExpensesGrp/ProgramServicesAmt124577
IRS990/OtherExpensesGrp/TotalAmt0164243
IRS990/OtherExpensesGrp/TotalAmt133097
IRS990/OtherExpensesGrp/TotalAmt226563
IRS990/OtherExpensesGrp/TotalAmt324577
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0100
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0100
IRS990/OtherRevenueTotalAmt0100
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt086299
IRS990/OtherSalariesAndWagesGrp/TotalAmt086299
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt015226870
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt015748773
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0164095
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0233529
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010588
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03458
IRS990/PrincipalOfficerNm0JUSTIN MURPHY
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01980855
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01227462
IRS990/PYInvestmentIncomeAmt0942457
IRS990/PYOtherExpensesAmt0642060
IRS990/PYOtherRevenueAmt060260
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0968862
IRS990/PYSalariesCompEmpBnftPaidAmt0121228
IRS990/PYTotalExpensesAmt02014710
IRS990/PYTotalProfFndrsngExpnsAmt023960
IRS990/PYTotalRevenueAmt02983572
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-218535
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-4812
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0100
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0784636
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0309837
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2014 AMOUNT: $ 65,048. 2015 AMOUNT: $ 40,659. 2016 AMOUNT: $ 164,382. 2017 AMOUNT: $ 129,528. 2018 AMOUNT: $ 96,093.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01725284
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01980855
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02108864

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$19,713,137
Liabilities
$418,742
Net assets
$19,294,395
Revenue
$2,220,340
Expenses
$2,438,875
Net income
-$218,535
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