Civic Intelligence

Savannah State College Foundation Inc.

990 • Fiscal year 2015 • EIN 23-7305890

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 15, 2016

Organization ProfileN/A
PO Box 20439Savannah, GA 31404-9707

(912) 897-3087

Siviq Scores

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

Liabilities / Assets

90th percentile

0.96x

Higher debt load relative to assets than 90% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Liabilities / Revenue

98th percentile

17.13x

Higher debt load relative to revenue than 98% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Net Margin

67th percentile

10%

Higher net margin than 67% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Top Officer Pay

4th percentile

$0

Higher top officer pay than 4% of similar nonprofits.

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

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Asset Growth

33rd percentile

-1.0%

Faster asset growth than 33% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Revenue Growth

47th percentile

3.3%

Faster revenue growth than 47% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$97,033,704

Down $1,880,329 (-1.9%) from 2013

Net Assets

Down

$3,979,867

Down $1,680,020 (-30%) from 2013

Liabilities

Down

$93,053,837

Down $200,309 (-0.2%) from 2013

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin67th percentile

Revenue

$5,433,681

No earlier filing loaded for comparison.

Expenses

Up

$4,874,449

Up $362,122 (+8.0%) from 2013

Net Income

$559,232

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth33rd percentile

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

$100M$50M$0-$50MAssets 2011: $96,449,023Liabilities 2011: $95,562,871Net Assets 2011: $886,1522011Assets 2012: $99,959,429Liabilities 2012: $99,864,426Net Assets 2012: $95,0032012Assets 2013: $98,914,033Liabilities 2013: $93,254,146Net Assets 2013: $5,659,8872013Assets 2015: $97,033,704Liabilities 2015: $93,053,837Net Assets 2015: $3,979,8672015Assets 2016: $95,812,723Liabilities 2016: $94,551,116Net Assets 2016: $1,261,6072016Assets 2017: $88,025,352Liabilities 2017: $86,373,502Net Assets 2017: $1,651,8502017Assets 2018: $86,286,621Liabilities 2018: $82,056,696Net Assets 2018: $4,229,9252018Assets 2020: $82,130,337Liabilities 2020: $82,483,253Net Assets 2020: -$352,9162020Assets 2021: $70,189,584Liabilities 2021: $76,892,895Net Assets 2021: -$6,703,3112021Assets 2022: $89,611,630Liabilities 2022: $90,520,320Net Assets 2022: -$908,6902022

Highlighted filing

2015

Assets$97,033,704
Liabilities$93,053,837
Net Assets$3,979,867
Open 2015 Filing

Operations Trend

Revenue Growth47th percentile

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

$10M$5.0M$0-$5.0MExpenses 2011: $3,114,3522011Expenses 2012: $4,002,7592012Expenses 2013: $4,512,3272013Revenue 2015: $5,433,681Expenses 2015: $4,874,449Net Income 2015: $559,2322015Revenue 2016: $5,198,934Expenses 2016: $4,766,155Net Income 2016: $432,7792016Revenue 2017: $5,188,114Expenses 2017: $8,989,018Net Income 2017: -$3,800,9042017Revenue 2018: $5,367,301Expenses 2018: $5,185,486Net Income 2018: $181,8152018Revenue 2020: $4,967,727Expenses 2020: $4,773,870Net Income 2020: $193,8572020Revenue 2021: $6,773,497Expenses 2021: $4,491,224Net Income 2021: $2,282,2732021Revenue 2022: $5,951,749Expenses 2022: $4,256,919Net Income 2022: $1,694,8302022

Highlighted filing

2015

Revenue$5,433,681
Expenses$4,874,449
Net Income$559,232
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 15, 2016
Return Version
2014v6.0
Gross Receipts
$5,433,681
Mission and Program Overview

Mission

The purpose of the foundation is the establishment of funds to be used for the advancement of savannah state university and for the promotion of the education and welfare of faculty and students. This includes raising and managing funds, providing scholarships, and renovating and operating student housing complexes on the campus.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$3,701,290$5,207,348▲ $1,506,058
Cash and Non-Interest-Bearing Accounts$1,249,658$412,593▼ $837,065
Other Notes and Loans Receivable, Net$301,261$295,862▼ $5,399
Land, Buildings, and Equipment, Net$7,590--
Prepaid Expenses and Deferred Charges$6,402$3,581▼ $2,821
Savings and Temporary Cash Investments$1,097$1,447▲ $350
Total Assets$98,004,219$97,033,704▼ $970,515
Other Assets Total$92,736,921$91,112,873▼ $1,624,048
Liabilities
Tax Exempt Bond Liabilities$81,738,304$80,308,858▼ $1,429,446
Other Liabilities$10,199,120$10,760,212▲ $561,092
Mortgage Notes Payable Secured by Investment Property$2,116,848$1,968,802▼ $148,046
Accounts Payable and Accrued Expenses$29,380$15,965▼ $13,415
Total Liabilities$94,083,652$93,053,837▼ $1,029,815
Net Assets / Fund Balance
Unrestricted Net Assets$3,718,270$3,754,753▲ $36,483
Temporarily Rstr Net Assets$92,297$115,114▲ $22,817
Permanently Rstr Net Assets$110,000$110,000→ $0
Total Net Assets Fund Balance$3,920,567$3,979,867▲ $59,300
Total Liabilities and Net Assets / Fund Balance$98,004,219$97,033,704▼ $970,515

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$37,910--
Other Securities$174,627--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$202,297$21,384▲ $7,138-$225,144
2013$181,323$7,886▲ $17,488-$202,297
2012$162,698$10,000▲ $10,751$500$181,323
2011----$162,698
Compensation and Service Providers
Top Officer Pay4th percentile

Board Members and Trustees

NameTitle
Charles G YoungChairman
James O Thomas JrChairman Eme
Dr Jimmie C JacksonChairman-eme
Arthur TerryVice-chairma
Alayna StovallDirector
Betty EllingtonDirector
Bobby LockettDirector
Capt Bernard JacksonDirector
Dr Blenda J WilsonDirector
Dr Carlton H MorseDirector
Dr Daniel StephensonDirector
Dr Gardner J HobbsDirector
Dr Patricia Mosley HarrisDirector
Dr William T SimmonsDirector
Florene BolesDirector
Glennera E MartinDirector
Julius SmithDirector
Latanga Allen-felderDirector
Ltgeneral Walter GaskinDirector
Nathan a Saunders IiDirector
Robert L BessDirector
Stephen L GeridoDirector
Edward B Jolley JrEx-officio
Dr Arav OuandlousEx-officio D
Dr Cheryl D DozierEx-officio D
Dr Reynold VerrettEx-officio D
Roy L JacksonEx-officio D
Vivian Mitchell BrannenEx-officio D
Phillip D AdamsExecutive Di
Dr Virginia J MorrisonFinancial Se
Judge Barbara J MobleySecretary
John KelleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$269,024
Program Service Revenue
$5,159,358
Investment Income
$5,299
Other Revenue
$0
All Other Contributions
$269,024
Change in Net Assets
$559,232

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,433,681
Revenue Not Reported on Form 990
$2,319
Total Revenue per Audited Statements
$5,436,000
Total Revenue per Form 990
$5,433,681
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,778,915
Grants and Similar Amounts Paid$95,534
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$4,320,254--$4,320,254
Depreciation Depletion$111,011--$111,011
Grants to Domestic Individuals$95,534--$95,534
Other Expenses$53,817$81,423-$53,817
Fees for Services Accounting$49,540--$49,540
Travel-$9,264-$9,264
Fees for Services Other$7,359--$7,359
Insurance-$5,804-$5,804
Conferences and Meetings-$3,694-$3,694
Total Functional Expenses$4,774,264$100,185$0$4,874,449

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,376,700
Expenses per Audited Statements$4,874,449
Total Expenses per Form 990$4,874,449
Expenses Not Reported on Form 990$502,251
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Interest Rate Swap Liability$10,409,718
Accrued Interest$350,494

Bond Issues

BondIssuerIssuedIssue PricePurpose
CSavannah Economic Dvlpmt Authority2010-12-16$36,475,000To acquire and develop land for a sports complex, construct and furnish
ASavannah Economic Dvlpmt Authority2008-02-27$26,245,000To construct and equip a dining/recreational facility
BSavannah Economic Dvlpmt Authority2008-02-27$22,975,000To enhance an existing apartment complex and convert it into student

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
C$36,475,000-$1,840,000$295,459
A$26,245,000-$1,920,000$426,184
B$22,975,000-$1,200,000$382,220

Bond Financing Compliance

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

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

“Charles young family dr. Patricia harris family dr. Virginia morrison family arthur terry family james o thomas family nathan saunders family dr. Jimmie jackson family”

Form 990, Page 6, Part VI, Line 8B

“Committees do meet outside of the main board meetings. Minutes are not taken at these meetings. These committeees report back to the entire board in the main board meetings which are docmented through minutes. No action can be taken by the committees without approval of the entire board.”

Form 990, Page 6, Part VI, Line 11B

“A designated officer/board member/committee or board accountant will review a draft of the form 990 in detail made available by the preparer. Afterwards, a copy is made available to the full board for their review and comment prior to filing the return. A designated officer then signs the return after considering board comments (approval for mailing).”

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

“The policy is monitored annually by the board.”

Form 990, Page 6, Part VI, Line 19

“The board will consider requests on a case-by-case basis for information beyond what is available in form 1023 (application for exempt status) and the three most recent forms 990. Additional information can be obtained on web site http://www2.guidestar.org”

Filing and Contact Details

Filer

Filer Name
Savannah State University
EIN
23-7305890
Phone
9128973087
Address
PO BOX 20439, SAVANNAH, GA 31404-9707

Signing Officer

Name
Charles G Young
Title
Chairman
Phone
9128973087
Signed
2016-01-15

Organization Details

Principal Officer
Charles G Young
Formed
1972
Legal Domicile
Ga
Voting Board Members
28
Independent Board Members
28
Employees
0

Preparer

Firm
Tjs Deemer Dana Llp
Address
118 PARK OF COMMERCE DR SUITE 200, SAVANNAH, GA 31405
Preparer
John a Vandaveer CPA
Phone
9122381001
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The purpose of the foundation is the establishment of funds to be used for the advancement of savannah state university and for the promotion of the education and welfare of faculty and students. This includes raising and managing funds, providing scholarships, and renovating and operating student housing complexes on the campus.”

Form 990, Part XI, Line 9

“Change in value - interest rate swap agreement -502,251”

Financial Statement Notes

Schedule D, Page 3, Part X

“Fasb asc requires management to annually evaluate the foundation's tax positions, including accounting and measurement of uncertain tax positions. For the years ending june 30, 2015 and 2014, management concluded that no uncertain tax positions had been taken that would require adjustment to or disclosure in the consolidated financial statements. With few exceptions, the foundation is no longer subject to income tax examinations by federal, state or local tax authorities for years before 2011.”

Schedule D, Page 4, Part XII, Line 2D

“Change in value - interest rate swap agreement 502,251”

Raw XML AppendixShowing 400 of 767 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/BOYAmt029380
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt015965
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE PURPOSE OF THE FOUNDATION IS THE ESTABLISHMENT OF FUNDS TO BE USED FOR THE ADVANCEMENT OF SAVANNAH STATE UNIVERSITY AND FOR THE PROMOTION OF THE EDUCATION AND WELFARE OF FACULTY AND STUDENTS. THIS INCLUDES RAISING AND MANAGING FUNDS, PROVIDING SCHOLARSHIPS, AND RENOVATING AND OPERATING STUDENT HOUSING COMPLEXES ON THE CAMPUS.
IRS990/AllOtherContributionsAmt0269024
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0CHARLES G YOUNG
IRS990/BooksInCareOfDetail/PhoneNum02026915397
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03219 COLLEGE STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0SAVANNAH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd031404
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01249658
IRS990/CashNonInterestBearingGrp/EOYAmt0412593
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt03694
IRS990/ConferencesMeetingsGrp/TotalAmt03694
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0269024
IRS990/CYGrantsAndSimilarPaidAmt095534
IRS990/CYInvestmentIncomeAmt05299
IRS990/CYOtherExpensesAmt04778915
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt05159358
IRS990/CYRevenuesLessExpensesAmt0559232
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt04874449
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05433681
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0111011
IRS990/DepreciationDepletionGrp/TotalAmt0111011
IRS990/Desc0THE FOUNDATION PRIMARILY EXISTS TO SUPPORT STUDENTS AND ACTIVITIES AT THE UNIVERSITY. THIS FISCAL YEAR THAT SUPPORT WAS PROVIDED BY RAISING FUNDS TO AWARD SCHOLARSHIPS TO UNIVERSITY STUDENTS AND TO PROVIDE SUPPORT TO UNIVERSITY AUXILLARIES. THE FOUNDATION ALSO EXISTS TO PROVIDE STUDENT RESIDENT HOUSING TO THE STUDENTS OF SAVANNAH STATE UNIVERSITY.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0true
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt04774264
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt049540
IRS990/FeesForServicesAccountingGrp/TotalAmt049540
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt07359
IRS990/FeesForServicesOtherGrp/TotalAmt07359
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt53.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt74.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt93.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt117.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt142.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1515.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt162.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt172.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1820.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt190.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt201.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt211.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt221.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt231.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt241.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt251.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt261.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt271.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt281.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt291.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt301.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt311.00
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/IndividualTrusteeOrDirectorInd22X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd23X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd24X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd25X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd26X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd27X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd28X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd29X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd30X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd31X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
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/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt250
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt260
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt270
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt280
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt290
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt300
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt310
IRS990/Form990PartVIISectionAGrp/PersonNm0EDWARD B JOLLEY JR
IRS990/Form990PartVIISectionAGrp/PersonNm1DR CARLTON H MORSE
IRS990/Form990PartVIISectionAGrp/PersonNm2ROBERT L BESS
IRS990/Form990PartVIISectionAGrp/PersonNm3BETTY ELLINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm4DR GARDNER J HOBBS
IRS990/Form990PartVIISectionAGrp/PersonNm5DR JIMMIE C JACKSON
IRS990/Form990PartVIISectionAGrp/PersonNm6JOHN KELLEY
IRS990/Form990PartVIISectionAGrp/PersonNm7GLENNERA E MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm8JUDGE BARBARA J MOBLEY
IRS990/Form990PartVIISectionAGrp/PersonNm9DR PATRICIA MOSLEY HARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm10BOBBY LOCKETT
IRS990/Form990PartVIISectionAGrp/PersonNm11DR VIRGINIA J MORRISON
IRS990/Form990PartVIISectionAGrp/PersonNm12NATHAN A SAUNDERS II
IRS990/Form990PartVIISectionAGrp/PersonNm13JULIUS SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm14JAMES O THOMAS JR
IRS990/Form990PartVIISectionAGrp/PersonNm15CHARLES G YOUNG
IRS990/Form990PartVIISectionAGrp/PersonNm16ARTHUR TERRY
IRS990/Form990PartVIISectionAGrp/PersonNm17DR CHERYL D DOZIER
IRS990/Form990PartVIISectionAGrp/PersonNm18PHILLIP D ADAMS
IRS990/Form990PartVIISectionAGrp/PersonNm19FLORENE BOLES
IRS990/Form990PartVIISectionAGrp/PersonNm20VIVIAN MITCHELL BRANNEN
IRS990/Form990PartVIISectionAGrp/PersonNm21ROY L JACKSON
IRS990/Form990PartVIISectionAGrp/PersonNm22DR REYNOLD VERRETT
IRS990/Form990PartVIISectionAGrp/PersonNm23LATANGA ALLEN-FELDER
IRS990/Form990PartVIISectionAGrp/PersonNm24LTGENERAL WALTER GASKIN
IRS990/Form990PartVIISectionAGrp/PersonNm25STEPHEN L GERIDO
IRS990/Form990PartVIISectionAGrp/PersonNm26CAPT BERNARD JACKSON
IRS990/Form990PartVIISectionAGrp/PersonNm27DR WILLIAM T SIMMONS
IRS990/Form990PartVIISectionAGrp/PersonNm28DR DANIEL STEPHENSON
IRS990/Form990PartVIISectionAGrp/PersonNm29DR BLENDA J WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm30ALAYNA STOVALL
IRS990/Form990PartVIISectionAGrp/PersonNm31DR ARAV OUANDLOUS
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/ReportableCompFromOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt310
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/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt310
IRS990/Form990PartVIISectionAGrp/TitleTxt0EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIRMAN-EME
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11FINANCIAL SE
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHAIRMAN EME
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt16VICE-CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt17EX-OFFICIO D
IRS990/Form990PartVIISectionAGrp/TitleTxt18EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20EX-OFFICIO D
IRS990/Form990PartVIISectionAGrp/TitleTxt21EX-OFFICIO D
IRS990/Form990PartVIISectionAGrp/TitleTxt22EX-OFFICIO D
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt31EX-OFFICIO D
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01972
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt028
IRS990/GrantAmt095534
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt095534
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt095534
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt05433681
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt028
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt05804
IRS990/InsuranceGrp/TotalAmt05804
IRS990/InterestGrp/ProgramServicesAmt04320254
IRS990/InterestGrp/TotalAmt04320254
IRS990/InvestmentIncomeGrp/ExclusionAmt05299
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05299
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt03701290
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt05207348
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07590
IRS990/LegalDomicileStateCd0GA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE PURPOSE OF THE FOUNDATION IS THE ESTABLISHMENT OF FUNDS TO BE USED FOR THE ADVANCEMENT OF SAVANNAH STATE UNIVERSITY AND FOR THE PROMOTION OF THE EDUCATION AND WELFARE OF FACULTY AND STUDENTS. THIS INCLUDES RAISING AND MANAGING FUNDS, PROVIDING SCHOLARSHIPS, AND RENOVATING AND OPERATING STUDENT HOUSING COMPLEXES ON THE CAMPUS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02116848
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01968802
IRS990/NetAssetsOrFundBalancesBOYAmt03920567
IRS990/NetAssetsOrFundBalancesEOYAmt03979867
IRS990/NetUnrlzdGainsLossesInvstAmt02319
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt092736921
IRS990/OtherAssetsTotalGrp/EOYAmt091112873
IRS990/OtherChangesInNetAssetsAmt0-502251
IRS990/OtherExpensesGrp/Desc0OTHER GENERAL EXPENSES
IRS990/OtherExpensesGrp/Desc1RENTAL EXPENSES
IRS990/OtherExpensesGrp/Desc2PROGRAM SERVICES
IRS990/OtherExpensesGrp/Desc3BANK CHARGES & FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt081423
IRS990/OtherExpensesGrp/ProgramServicesAmt076744
IRS990/OtherExpensesGrp/ProgramServicesAmt160005
IRS990/OtherExpensesGrp/ProgramServicesAmt253817
IRS990/OtherExpensesGrp/TotalAmt081423
IRS990/OtherExpensesGrp/TotalAmt176744
IRS990/OtherExpensesGrp/TotalAmt260005
IRS990/OtherExpensesGrp/TotalAmt353817
IRS990/OtherLiabilitiesGrp/BOYAmt010199120
IRS990/OtherLiabilitiesGrp/EOYAmt010760212
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0301261
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0295862
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0110000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0110000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06402
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03581
IRS990/PrincipalOfficerNm0CHARLES G YOUNG
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT HOUSING - UNIVERSITY
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05159358
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05159358
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt060042
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt070279
IRS990/PYInvestmentIncomeAmt08355
IRS990/PYOtherExpensesAmt06975826
IRS990/PYOtherRevenueAmt042840
IRS990/PYProgramServiceRevenueAmt05146477
IRS990/PYRevenuesLessExpensesAmt0-1788391

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$97,033,704
Liabilities
$93,053,837
Net assets
$3,979,867
Revenue
$5,433,681
Expenses
$4,874,449
Net income
$559,232
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$89.6$90.5$0.91$5.95$4.26$1.69
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$70.2$76.9$6.70$6.77$4.49$2.28
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$82.1$82.5$0.35$4.97$4.77$0.19
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$86.3$82.1$4.23$5.37$5.19$0.18
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$88.0$86.4$1.65$5.19$8.99$3.80
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$95.8$94.6$1.26$5.20$4.77$0.43
2015Detailed filing. Detailed filing data is available for this year.$97.0$93.1$3.98$5.43$4.87$0.56
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$98.9$93.3$5.66$4.51
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$100.0$99.9$0.10$4.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$96.4$95.6$0.89$3.11