Civic Intelligence

Cameron University Foundation Inc.

990 • Fiscal year 2020 • EIN 23-7168952

Jul 01, 2019 to Jun 30, 2020 • Filed on May 06, 2021

2800 W Gore BlvdLawton, OK 73505

(580) 581-2999

Siviq Scores

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

Liabilities / Assets

9th percentile

0.01x

Higher debt load relative to assets than 9% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.07x

Higher debt load relative to revenue than 15% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

68th percentile

12%

Higher net margin than 68% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

8th percentile

$0

Higher top officer pay than 8% of similar nonprofits.

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

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

12th percentile

-4.2%

Faster asset growth than 12% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

76th percentile

18%

Faster revenue growth than 76% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Assets

Down

$28,297,198

Down $1,226,221 (-4.2%) from 2019

Net Assets

Down

$28,123,864

Down $952,722 (-3.3%) from 2019

Liabilities

Down

$173,334

Down $273,499 (-61%) from 2019

Revenue

Up

$2,357,078

Up $352,622 (+18%) from 2019

Expenses

Up

$2,081,650

Up $161,900 (+8.4%) from 2019

Net Income

Up

$275,428

Up $190,722 (+225%) from 2019

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2012: $20,380,238Liabilities 2012: $893,388Net Assets 2012: $19,486,8502012Assets 2014: $23,804,540Liabilities 2014: $797,780Net Assets 2014: $23,006,7602014Assets 2015: $24,474,999Liabilities 2015: $798,042Net Assets 2015: $23,676,9572015Assets 2016: $24,868,582Liabilities 2016: $721,500Net Assets 2016: $24,147,0822016Assets 2018: $28,157,869Liabilities 2018: $713,772Net Assets 2018: $27,444,0972018Assets 2019: $29,523,419Liabilities 2019: $446,833Net Assets 2019: $29,076,5862019Assets 2020: $28,297,198Liabilities 2020: $173,334Net Assets 2020: $28,123,8642020Assets 2021: $33,962,860Liabilities 2021: $179,204Net Assets 2021: $33,783,6562021

Highlighted filing

2020

Assets$28,297,198
Liabilities$173,334
Net Assets$28,123,864

Operations Trend

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

$6.0M$4.0M$2.0M$0Expenses 2012: $1,262,7782012Revenue 2014: $2,380,970Expenses 2014: $1,401,825Net Income 2014: $979,1452014Revenue 2015: $3,484,016Expenses 2015: $2,105,106Net Income 2015: $1,378,9102015Revenue 2016: $2,465,333Expenses 2016: $2,023,055Net Income 2016: $442,2782016Revenue 2018: $2,939,702Expenses 2018: $2,793,282Net Income 2018: $146,4202018Revenue 2019: $2,004,456Expenses 2019: $1,919,750Net Income 2019: $84,7062019Revenue 2020: $2,357,078Expenses 2020: $2,081,650Net Income 2020: $275,4282020Revenue 2021: $4,066,320Expenses 2021: $1,863,919Net Income 2021: $2,202,4012021

Highlighted filing

2020

Revenue$2,357,078
Expenses$2,081,650
Net Income$275,428
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 6, 2021
Return Version
2019v5.2
Gross Receipts
$9,374,341
Mission and Program Overview

Mission

The Cameron University Foundation, Inc. promotes educational, scientific, and cultural interests at Cameron University for the benefit of Cameron students and the citizens of Southwest Oklahoma.

The Foundation provides support to Cameron University and scholarships for students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$16,441,361$13,380,677▼ $3,060,684
Investments Other Securities$9,745,985$12,934,057▲ $3,188,072
Investments Program Related$1,433,485$1,232,182▼ $201,303
Land, Buildings, and Equipment, Net$238,000$238,000→ $0
Cash and Non-Interest-Bearing Accounts$1,046,276$225,846▼ $820,430
Accounts Receivable$7,223$354▼ $6,869
Total Assets$29,523,419$28,297,198▼ $1,226,221
Other Assets Total$611,089$286,082▼ $325,007
Liabilities
Mortgage Notes Payable Secured by Investment Property$382,545$132,394▼ $250,151
Accounts Payable and Accrued Expenses$64,288$40,940▼ $23,348
Total Liabilities$446,833$173,334▼ $273,499
Net Assets / Fund Balance
Net Assets With Donor Restrictions$22,634,477$21,762,676▼ $871,801
Net Assets Without Donor Restrictions$6,442,109$6,361,188▼ $80,921
Total Net Assets Fund Balance$29,076,586$28,123,864▼ $952,722
Total Liabilities and Net Assets / Fund Balance$29,523,419$28,297,198▼ $1,226,221

Asset Categories

AssetBook ValueDepreciationBasis
Land$238,000-$238,000
Other Securities$228,631--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$23,194,727$760,929▼ $62,678$932,495$22,508,426
2018$21,631,522$1,056,265▲ $1,679,251$811,084$23,194,727
2017$21,028,523$1,331,182▲ $913,135$1,835,079$21,130,022
2016$18,463,687$3,048,334▲ $1,224,023$1,484,942$21,028,523
2015$18,087,559$1,087,094▲ $700,763$1,180,422$18,463,687
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brian HenryPresident
Barbara BraughtVice President
Rhonda ClemmerVice President - Elect
Amber McNeilTrustee
Barry BeauchampTrustee
Brad CookseyTrustee
Bridget RandleTrustee
Carter WaidTrustee
Chase MassieTrustee
Cindy FirmanTrustee
David IshamTrustee
David MadiganTrustee
Don GaskinsTrustee
George PorterTrustee
Howard JohnsonTrustee
Jim EasonTrustee
John VealTrustee
Karen BurgessTrustee
Kim PatrickTrustee
LaDonna SmithTrustee
Lisa WadeTrustee
Mark AshtonTrustee
Mike BrownTrustee
Nate SlateTrustee
Noah CornishTrustee
Pat HollisTrustee
Paul KorhonenTrustee
Randy GillilandTrustee
Sandra HolsingerTrustee
Zoe DuRantTrustee
George BridgesSecretary
Jennifer MeasonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$947,134
Program Service Revenue
$92,482
Investment Income
$1,312,662
Other Revenue
$4,800
All Other Contributions
$947,134
Change in Net Assets
$275,428

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,357,078
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-1,228,150
Total Revenue per Audited Statements
$1,128,928
Total Revenue per Form 990
$2,357,078
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,036,936
Other Expenses$44,714
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,604,168--$1,604,168
Grants to Domestic Individuals$432,768--$432,768
Office Expenses-$13,161-$13,161
Fees for Services Other-$10,700-$10,700
Fees for Services Accounting-$8,600-$8,600
Advertising-$7,558-$7,558
Travel-$4,695-$4,695
Total Functional Expenses$2,036,936$44,714$0$2,081,650

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,081,650
Total Expenses per Audited Statements$2,081,650
Total Expenses per Form 990$2,081,650
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Cameron UniversityLawton, OK115(1)Provide support to Cameron University$1,604,168
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Line 11a Explanation - The Form 990 is first reviewed by the controller and vice president for Business and Finance of the University. The vice president then reviews it with the president of the Foundation.

Form 990, Part VI, Section B, line 12C

The disbursements are reviewed on a bimonthly basis by the executive committee. Copies of checks written are provided for review to determine if the Foundation is doing business with any officer of director.

Form 990, Part VI, Section C, line 19

The Foundation's financial statements are available on the University's website: www.cameron.edu. Also, requests can be made, either written or in person, to receive a copy of the governing documents.

Filing and Contact Details

Filer

Filer Name
Cameron University Foundation Inc
EIN
23-7168952
Phone
5805812999
Address
2800 W Gore Blvd, Lawton, OK 73505

Signing Officer

Name
Rhonda Clemmer
Title
Vice President - Elect
Phone
5805812999
Signed
2021-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rhonda Clemmer
Formed
1972
Legal Domicile
Ok
Voting Board Members
32
Independent Board Members
32
Employees
0
Volunteers
0

Preparer

Firm
Hinkle & Company PC
Address
5028 E 101st Street, Tulsa, OK 74137
Preparer
Justin D Kinsey
Phone
9184923388
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IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
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IRS990/Form990PartVIISectionAGrp/TitleTxt12Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt13Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt14Trustee
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IRS990/Form990PartVIISectionAGrp/TitleTxt18Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt19Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt20Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt21Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt22Trustee
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IRS990/Form990PartVIISectionAGrp/TitleTxt24Trustee
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