Civic Intelligence

The Ccsu Foundation Inc

990 • Fiscal year 2022 • EIN 23-7354328

Jul 01, 2021 to Jun 30, 2022 • Filed on Feb 09, 2023

P O Box 612New Britain, CT 06050

(860) 832-0711

Siviq Scores

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

Liabilities / Assets

10th percentile

0.01x

Higher debt load relative to assets than 10% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Liabilities / Revenue

13th percentile

0.06x

Higher debt load relative to revenue than 13% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Net Margin

91st percentile

54%

Higher net margin than 91% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Top Officer Pay

49th percentile

$347,324

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Asset Growth

22nd percentile

-9.6%

Faster asset growth than 22% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Revenue Growth

84th percentile

37%

Faster revenue growth than 84% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Assets

Down

$90,256,311

Down $9,555,513 (-9.6%) from 2021

Net Assets

Down

$89,551,759

Down $9,891,090 (-9.9%) from 2021

Liabilities

Up

$704,552

Up $335,577 (+91%) from 2021

Revenue

Up

$11,725,462

Up $3,140,559 (+37%) from 2021

Expenses

Up

$5,451,902

Up $1,333,627 (+32%) from 2021

Net Income

Up

$6,273,560

Up $1,806,932 (+40%) from 2021

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2011: $38,454,880Liabilities 2011: $172,267Net Assets 2011: $38,282,6132011Assets 2012: $43,034,780Liabilities 2012: $189,515Net Assets 2012: $42,845,2652012Assets 2013: $48,245,633Liabilities 2013: $525,364Net Assets 2013: $47,720,2692013Assets 2014: $61,458,289Liabilities 2014: $661,068Net Assets 2014: $60,797,2212014Assets 2015: $62,654,220Liabilities 2015: $274,818Net Assets 2015: $62,379,4022015Assets 2016: $62,749,443Liabilities 2016: $275,999Net Assets 2016: $62,473,4442016Assets 2017: $71,236,005Liabilities 2017: $527,851Net Assets 2017: $70,708,1542017Assets 2018: $77,657,474Liabilities 2018: $668,076Net Assets 2018: $76,989,3982018Assets 2019: $81,770,188Liabilities 2019: $614,005Net Assets 2019: $81,156,1832019Assets 2020: $81,174,111Liabilities 2020: $498,822Net Assets 2020: $80,675,2892020Assets 2021: $99,811,824Liabilities 2021: $368,975Net Assets 2021: $99,442,8492021Assets 2022: $90,256,311Liabilities 2022: $704,552Net Assets 2022: $89,551,7592022Assets 2023: $96,202,485Liabilities 2023: $2,300,541Net Assets 2023: $93,901,9442023Assets 2024: $102,355,827Liabilities 2024: $1,891,739Net Assets 2024: $100,464,0882024Assets 2025: $110,056,247Liabilities 2025: $478,611Net Assets 2025: $109,577,6362025

Highlighted filing

2022

Assets$90,256,311
Liabilities$704,552
Net Assets$89,551,759

Operations Trend

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

$15M$10M$5.0M$0Expenses 2011: $1,724,0212011Expenses 2012: $2,137,9872012Expenses 2013: $3,218,7072013Revenue 2014: $12,571,466Expenses 2014: $2,981,064Net Income 2014: $9,590,4022014Revenue 2015: $8,122,915Expenses 2015: $3,017,270Net Income 2015: $5,105,6452015Revenue 2016: $7,160,511Expenses 2016: $3,541,510Net Income 2016: $3,619,0012016Revenue 2017: $5,841,045Expenses 2017: $3,563,695Net Income 2017: $2,277,3502017Revenue 2018: $9,763,025Expenses 2018: $4,332,463Net Income 2018: $5,430,5622018Revenue 2019: $11,041,890Expenses 2019: $4,588,247Net Income 2019: $6,453,6432019Revenue 2020: $5,053,801Expenses 2020: $4,108,347Net Income 2020: $945,4542020Revenue 2021: $8,584,903Expenses 2021: $4,118,275Net Income 2021: $4,466,6282021Revenue 2022: $11,725,462Expenses 2022: $5,451,902Net Income 2022: $6,273,5602022Revenue 2023: $5,874,789Expenses 2023: $5,669,764Net Income 2023: $205,0252023Revenue 2024: $7,649,091Expenses 2024: $5,008,544Net Income 2024: $2,640,5472024Revenue 2025: $12,702,767Expenses 2025: $5,899,163Net Income 2025: $6,803,6042025

Highlighted filing

2022

Revenue$11,725,462
Expenses$5,451,902
Net Income$6,273,560
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Feb 9, 2023
Return Version
2021v4.2
Gross Receipts
$20,370,570
Mission and Program Overview

Mission

The ccsu foundation, inc. Was created in 1971, at the request of the university, as a vehicle to obtain private contributions to support educational programs and research at central connecticut state university.

Supplementing education at central connecticut state university (ccsu)

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$95,345,744$86,160,045▼ $9,185,699
Cash and Non-Interest-Bearing Accounts$352,217$2,572,157▲ $2,219,940
Pledges and Grants Receivable$3,064,886$501,880▼ $2,563,006
Land, Buildings, and Equipment, Net$183,876$183,876→ $0
Prepaid Expenses and Deferred Charges$3,302$56,165▲ $52,863
Savings and Temporary Cash Investments$786$868▲ $82
Total Assets$99,811,824$90,256,311▼ $9,555,513
Other Assets Total$861,013$781,320▼ $79,693
Liabilities
Accounts Payable and Accrued Expenses$269,890$614,207▲ $344,317
Other Liabilities$99,085$90,345▼ $8,740
Total Liabilities$368,975$704,552▲ $335,577
Net Assets / Fund Balance
Net Assets With Donor Restrictions$97,023,004$87,146,142▼ $9,876,862
Net Assets Without Donor Restrictions$2,419,845$2,405,617▼ $14,228
Total Net Assets Fund Balance$99,442,849$89,551,759▼ $9,891,090
Total Liabilities and Net Assets / Fund Balance$99,811,824$90,256,311▼ $9,555,513

Asset Categories

AssetBook ValueDepreciationBasis
Land$183,876-$183,876

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$89,058,029$3,655,989▼ $7,821,855$18,147$82,059,761
2020$72,001,822$1,690,719▲ $17,831,096$268,013$89,058,029
2019$67,198,144$1,049,028▲ $993,713$491,784$72,001,822
2018$75,457,264$2,870,551▲ $3,183,937$808,380$67,198,144
2017$69,404,680$5,458,704▲ $4,889,740$764,096$75,457,264
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Daniel JohnsonOutgoing Finance DirectorFT$147,706$147,706

Board Members and Trustees

NameTitle
Ululy MartinezChair
Waldermar KostrzewaPast Chair
Richard DonovanVice Chair
Anabelle Diaz-santiagoDirector
Anthony TorsielloDirector
Charles Jones JrDirector
Curtis WigginsDirector
James NealyDirector
Joseph Matthew JrDirector
Kristine LarsenDirector
Lisa FuttnerDirector
Marc LennonDirector
Rachel MuliDirector
Richard SpadaDirector
George ClaffeyExecutive Director/interim VP Ia
Kathleen GreiderOutgoing Director
Brendan ConryTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,506,217
Program Service Revenue
$135,450
Investment Income
$8,078,259
Other Revenue
$5,536
All Other Contributions
$3,451,176
Change in Net Assets
$6,273,560

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$92,680Fair Market Value (FMV)
Total Noncash Contributions4$92,680-

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,167,545
Revenue Not Reported on Financial Statements
$557,917
Revenue Not Reported on Form 990
$-14,289,084
Other Revenue Adjustments
$80,563
Total Revenue per Audited Statements
$-3,121,539
Total Revenue per Form 990
$11,725,462
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,945,489
Other Expenses$1,318,363
Salaries, Compensation, and Employee Benefits$188,050
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$2,814,255--$2,814,255
Grants to Domestic Orgs$1,131,234--$1,131,234
Fees for Service Investment Mgmnt Fees-$477,354-$477,354
Other Salaries and Wages-$127,801-$127,801
Fees for Services Legal-$124,235-$124,235
Fees for Services Accounting-$112,834-$112,834
Travel$53,074$23,835-$76,909
Current Officers, Directors, Trustees, and Key Employees-$60,249-$60,249
Office Expenses-$43,416-$43,416
Other Expenses$22,998$2,301-$25,299
Advertising$4,827--$4,827
Insurance-$4,164-$4,164
Total Functional Expenses$4,349,055$1,102,847$0$5,451,902

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,769,551
Total Expenses per Form 990$5,451,902
Expenses per Audited Statements$4,974,548
Expenses Not Reported on Form 990$1,795,003
Expenses Not Reported on Financial Statements$477,354
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Central Ct State UniversityNew Britian, CT501(c)(3)Support Ccsu Programs$1,120,834
The Kosciuszko Foundation IncNew York, NY501(c)(3)Participation in Event$10,400
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$43,514
Fundraising Direct Expenses$37,978
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$43,580$19,850$7,206$12,644
Wine Tasting$20,520$12,890-$12,890
Total Events$98,555$43,514$37,978$5,536
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Class Accounts$90,345
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
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization engaged ari accounting and human resources to replace the responsibilities of the finance director during the tax year.

Form 990, Part VI, Section A, Line 7A

Organizations and individuals within the university have the authority to appoint specific ex-officio positions to the board.

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

Distributed to finance committee of board of directors for review and approval and submitted to board of directors for review prior to filing with irs.

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

The governing body is required to review the conflicts of interest policy and disclose any conflicts of interest. This is done on an annual basis. A conflicts of interest disclosure statement is signed by each member annualy and retained by ccsu foundation, inc.

Form 990, Part VI, Section C, Line 19

Governing documents disclosure explanation the audited financial statements, form 990 and bylaws are made available to the public online. Any other documents such as the conflict of interest policy are made available upon request.

Filing and Contact Details

Filer

Filer Name
The Ccsu Foundation Inc
EIN
23-7354328
Phone
8608320711
Address
P O BOX 612, NEW BRITAIN, CT 06050

Signing Officer

Name
George Claffey
Title
Executive Director
Phone
8608320711
Signed
2023-02-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
George Claffey
Formed
1974
Legal Domicile
Ct
Voting Board Members
16
Independent Board Members
15
Employees
5
Volunteers
50

Preparer

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

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in value of third party trusts -85,801. Other changes 5,238.

Form 990, Part XII Line 2C

There have been no changes made to the organization's oversight or selection process.

Financial Statement Notes

PART X, LINE 2:

The foundation's federal and state informational returns prior to fiscal year 2019 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, 2022. 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.

Form 990 Schedule D Endowment Part V

A reclassification amount was flowed through administrative expenses line for 2019 and 2020 in order to allign the 990 with the ending balance of the endowment fund per the financial statement endowment footnote.

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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/ReportableCompFromRltdOrgAmt16195308
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4OUTGOING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16EXECUTIVE DIRECTOR/INTERIM VP IA
IRS990/Form990PartVIISectionAGrp/TitleTxt17OUTGOING FINANCE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01974
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt055041
IRS990/FundraisingDirectExpensesAmt037978
IRS990/FundraisingGrossIncomeAmt043514
IRS990/GainOrLossGrp/SecuritiesAmt021166
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GrantAmt02907332
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt02814255
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt02814255
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01131234
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01131234
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt08628296
IRS990/GrossReceiptsAmt020370570
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt04164
IRS990/InsuranceGrp/TotalAmt04164
IRS990/InvestmentIncomeGrp/ExclusionAmt08057093
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt08057093
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt095345744
IRS990/InvestmentsPubTradedSecGrp/EOYAmt086160045
IRS990/IRPDocumentCnt036
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0183876
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0183876
IRS990/LandBldgEquipCostOrOtherBssAmt0183876
IRS990/LegalDomicileStateCd0CT
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt08607130
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SUPPLEMENTING EDUCATION AT CENTRAL CONNECTICUT STATE UNIVERSITY (CCSU)
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt099442849
IRS990/NetAssetsOrFundBalancesEOYAmt089551759
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt021166
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt021166
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt05536
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt05536
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-16084087
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02419845
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02405617
IRS990/NoncashContributionsAmt092680
IRS990/NondeductibleContributionsInd01
IRS990/NondeductibleContriDisclInd01
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt043416
IRS990/OfficeExpensesGrp/TotalAmt043416
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0861013
IRS990/OtherAssetsTotalGrp/EOYAmt0781320
IRS990/OtherChangesInNetAssetsAmt0-80563
IRS990/OtherExpensesGrp/Desc0STIPENDS AND CONTRACT S
IRS990/OtherExpensesGrp/Desc1SUPPLIES & EQUIPMENT
IRS990/OtherExpensesGrp/Desc2MEMBERSHIP PROGRAM
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010129
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt198455
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt218074
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt32301
IRS990/OtherExpensesGrp/ProgramServicesAmt0230387
IRS990/OtherExpensesGrp/ProgramServicesAmt181028
IRS990/OtherExpensesGrp/ProgramServicesAmt211252
IRS990/OtherExpensesGrp/ProgramServicesAmt322998
IRS990/OtherExpensesGrp/TotalAmt0240516
IRS990/OtherExpensesGrp/TotalAmt1179483
IRS990/OtherExpensesGrp/TotalAmt229326
IRS990/OtherExpensesGrp/TotalAmt325299
IRS990/OtherLiabilitiesGrp/BOYAmt099085
IRS990/OtherLiabilitiesGrp/EOYAmt090345
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0127801
IRS990/OtherSalariesAndWagesGrp/TotalAmt0127801
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt03064886
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0501880
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03302
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt056165
IRS990/PrincipalOfficerNm0GEORGE CLAFFEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0135450
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0135450
IRS990/ProgSrvcAccomActy2Grp/Desc0AUXILIARY-TO ASSIST UNIVERSITY WITH SPECIAL AUXILIARY PROJECTS WHEN FUNDING WOULD NOT OTHERWISE BE AVAILABLE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0677632
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0511665
IRS990/ProgSrvcAccomActy3Grp/Desc0ACADEMIC ENRICHMENT-ASSIST UNIVERSITY WITH SPECIAL ACADEMIC ENRICHMENT PROGRAMS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0449306
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0425113
IRS990/ProgSrvcAccomActyOtherGrp/Desc0INSTITUTIONAL ENRICHMENT-ASSIST UNIVERSITY IN FUNDING SPECIAL INSTITUTIONAL ENRICHMENT PROJECTS WHEN FUNDING WOULD NOT OTHERWISE BE AVAILABLE.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0143813
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt0101379
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0135450
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03109966
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt03067675
IRS990/PYInvestmentIncomeAmt05381965
IRS990/PYOtherExpensesAmt0831761
IRS990/PYOtherRevenueAmt042161
IRS990/PYProgramServiceRevenueAmt050811
IRS990/PYRevenuesLessExpensesAmt04466628
IRS990/PYSalariesCompEmpBnftPaidAmt0218839
IRS990/PYTotalExpensesAmt04118275
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08584903
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt06273560
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0786
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0868
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE FOUNDATION WAS FORMED FOR THE PURPOSE OF SUPPLEMENTING INSTITUTIONAL ENRICHMENT, STUDENT SUPPORT UNIVERSITY PROGRAMS AND ACADEMIC ENRICHMENT OF CENTRAL CT STATE UNIVERSITY. IN COLLABORATION WITH THE UNIVERSITY, THE FOUNDATION SOLICITS DONATIONS OF MONIES, SECURITIES OR PROPERTIES, AND ACTS AS CUSTODIAN FOR FUNDS AND PROPERTY RECEIVED. THE FOUNDATION THEN DISBURSES SUCH FUNDS, PROPERTY, OR THE INCOME THEREFROM IN AIDING, SUPPLEMENTING, IMPROVING, AND ENLARGING THE EDUCATIONAL, CULTURAL AND RESEARCH FACILITIES AND ACTIVITIES OF THE UNIVERSITY.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE UNIVERSITY HAS A SIGNIFICANT VOICE IN DIRECTING THE USE OF ASSETS AND INCOME.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2ALL ACTIVITIES OF THE FOUNDATION SUPPORT THE UNIVERSITY. WITHOUT THE SUPPORT, ACTIVITIES WOULDN'T EXIST.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0FORM 990 SCHEDULE A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1SCHEDULE A SECTION D
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2SCHEDULE A SECTION E
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0061303381
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt01120834
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0CENTRAL CT STATE UNIVERSITY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt01120834
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$110$0.48$110$12.7$5.90$6.80
2024Detailed filing. Detailed filing data is available for this year.$102$1.89$100$7.65$5.01$2.64
2023Detailed filing. Detailed filing data is available for this year.$96.2$2.30$93.9$5.87$5.67$0.21
2022Detailed filing. Detailed filing data is available for this year.$90.3$0.70$89.6$11.7$5.45$6.27
2021Detailed filing. Detailed filing data is available for this year.$99.8$0.37$99.4$8.58$4.12$4.47
2020Detailed filing. Detailed filing data is available for this year.$81.2$0.50$80.7$5.05$4.11$0.95
2019Detailed filing. Detailed filing data is available for this year.$81.8$0.61$81.2$11.0$4.59$6.45
2018Detailed filing. Detailed filing data is available for this year.$77.7$0.67$77.0$9.76$4.33$5.43
2017Detailed filing. Detailed filing data is available for this year.$71.2$0.53$70.7$5.84$3.56$2.28
2016Detailed filing. Detailed filing data is available for this year.$62.7$0.28$62.5$7.16$3.54$3.62
2015Detailed filing. Detailed filing data is available for this year.$62.7$0.27$62.4$8.12$3.02$5.11
2014Detailed filing. Detailed filing data is available for this year.$61.5$0.66$60.8$12.6$2.98$9.59
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.2$0.53$47.7$3.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$43.0$0.19$42.8$2.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$38.5$0.17$38.3$1.72