Civic Intelligence

Alabama State University Trust for Educational Excellence

990 • Fiscal year 2016 • EIN 31-1635334

Aug 01, 2015 to Jul 31, 2016 • Filed on Feb 16, 2017

Organization ProfileN/A
Pobox 271Montgomery, AL 36101

(334) 229-4223

Siviq Scores

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

Liabilities / Assets

2nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Liabilities / Revenue

2nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Net Margin

46th percentile

1.5%

Higher net margin than 46% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Top Officer Pay

51st percentile

$345,796

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 42.8% of source-year revenue.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Asset Growth

45th percentile

0.8%

Faster asset growth than 45% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Revenue Growth

1st percentile

-90%

Faster revenue growth than 1% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets2nd percentile

Assets

Up

$77,705,117

Up $648,837 (+0.8%) from 2015

Net Assets

Up

$77,705,117

Up $648,837 (+0.8%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue2nd percentileNet Margin46th percentile

Revenue

Down

$808,591

Down $7,045,168 (-90%) from 2015

Expenses

Up

$796,133

Up $359,856 (+82%) from 2015

Net Income

Down

$12,458

Down $7,405,024 (-100%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth45th percentile

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

$150M$100M$50M$0Assets 2010: $52,401,284Liabilities 2010: $0Net Assets 2010: $52,401,2842010Assets 2012: $60,129,750Liabilities 2012: $252,499Net Assets 2012: $59,877,2512012Assets 2013: $66,758,054Liabilities 2013: $0Net Assets 2013: $66,758,0542013Assets 2014: $72,979,468Liabilities 2014: $0Net Assets 2014: $72,979,4682014Assets 2015: $77,056,280Liabilities 2015: $0Net Assets 2015: $77,056,2802015Assets 2016: $77,705,117Liabilities 2016: $0Net Assets 2016: $77,705,1172016Assets 2017: $83,757,027Liabilities 2017: $302,023Net Assets 2017: $83,455,0042017Assets 2018: $87,920,399Liabilities 2018: $0Net Assets 2018: $87,920,3992018Assets 2019: $90,613,066Liabilities 2019: $0Net Assets 2019: $90,613,0662019Assets 2020: $97,937,017Liabilities 2020: $0Net Assets 2020: $97,937,0172020Assets 2021: $112,873,590Liabilities 2021: $0Net Assets 2021: $112,873,5902021Assets 2022: $101,922,073Liabilities 2022: $0Net Assets 2022: $101,922,0732022Assets 2023: $105,702,662Liabilities 2023: $2,026,105Net Assets 2023: $103,676,5572023Assets 2024: $113,149,368Liabilities 2024: $0Net Assets 2024: $113,149,3682024

Highlighted filing

2016

Assets$77,705,117
Liabilities$0
Net Assets$77,705,117
Open 2016 Filing

Operations Trend

Revenue Growth1st percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $693,6982010Expenses 2012: $1,147,2862012Expenses 2013: $1,585,5342013Revenue 2014: $7,200,620Expenses 2014: $1,127,010Net Income 2014: $6,073,6102014Revenue 2015: $7,853,759Expenses 2015: $436,277Net Income 2015: $7,417,4822015Revenue 2016: $808,591Expenses 2016: $796,133Net Income 2016: $12,4582016Revenue 2017: $4,310,073Expenses 2017: $1,751,914Net Income 2017: $2,558,1592017Revenue 2018: $6,379,829Expenses 2018: $2,078,282Net Income 2018: $4,301,5472018Revenue 2019: $4,308,243Expenses 2019: $2,402,437Net Income 2019: $1,905,8062019Revenue 2020: $4,341,347Expenses 2020: $986,550Net Income 2020: $3,354,7972020Revenue 2021: $12,381,049Expenses 2021: $1,113,381Net Income 2021: $11,267,6682021Revenue 2022: $5,237,608Expenses 2022: $1,038,002Net Income 2022: $4,199,6062022Revenue 2023: -$1,908,486Expenses 2023: $2,682,272Net Income 2023: -$4,590,7582023Revenue 2024: $5,940,422Expenses 2024: $2,996,033Net Income 2024: $2,944,3892024

Highlighted filing

2016

Revenue$808,591
Expenses$796,133
Net Income$12,458
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2015 to Jul 31, 2016
Signed
Feb 16, 2017
Return Version
2015v3.0
Gross Receipts
$26,786,802
Mission and Program Overview

Mission

The trust seeks to support and improve educational excellence at alabama state university (the university) through the following: (1) granting of academic scholarships at the university, (2) endowment of academic chairs, (3) subsidizing of current faculty positions and (4) payment of fees and expenses for campus lectures and lecture series on the university's campus.

To support and improve educational excellence at alabama state university

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$68,439,079$68,427,003▼ $12,076
Cash and Non-Interest-Bearing Accounts$8,457,125$9,124,533▲ $667,408
Accounts Receivable$133,242$105,427▼ $27,815
Total Assets$77,056,280$77,705,117▲ $648,837
Other Assets Total$26,834$48,154▲ $21,320
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Permanently Rstr Net Assets$52,566,233$52,956,748▲ $390,515
Temporarily Rstr Net Assets$24,490,047$24,748,369▲ $258,322
Total Net Assets Fund Balance$77,056,280$77,705,117▲ $648,837
Total Liabilities and Net Assets / Fund Balance$77,056,280$77,705,117▲ $648,837

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$77,056,280$67,129▲ $1,377,841$132,013$77,705,117
2014$72,979,778$144,831▲ $4,367,948$118,644$77,056,280
2013$66,752,805$71,152▲ $7,282,831$151,961$72,979,778
2012$59,868,846$132,342▲ $8,337,151$128,906$66,752,805
2011$59,035,200$338,097▲ $1,642,835$331,293$59,868,846
Compensation and Service Providers
Top Officer Pay51st percentile

Employees

NameTitleBaseOtherTotal
Dr Gwendolyn BoydSecretary$312,540$33,256$345,796

Board Members and Trustees

NameTitle
Ralph RuggscHAIRMAN
Governor Robert BentleyPresident
Angela D MckenzieVice Chairman
Alfreda Warner GreenMember
Herbert D YoungMember
Joe Whitt SrMember
Judge Bobby JunkinsMember
Locy Bakermember
Pamela Johnson WareMember
Robert El GilpinMember
Taylor Hodge JrMember
dARRELL hUDSON jRmEMBER
Revenue and Support

Revenue Composition

Contributions and Grants
$67,129
Program Service Revenue
$0
Investment Income
$741,462
Other Revenue
$0
All Other Contributions
$67,129
Change in Net Assets
$12,458

Audited Revenue Reconciliation

Revenue per Audited Statements
$808,591
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$636,379
Total Revenue per Audited Statements
$1,444,970
Total Revenue per Form 990
$808,591
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$664,120
Other Expenses$132,013
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$664,120--$664,120
Fees for Service Investment Mgmnt Fees-$84,299-$84,299
Other Expenses$47,516$198-$198
Total Functional Expenses$711,636$84,497$0$796,133

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$796,133
Total Expenses per Audited Statements$796,133
Total Expenses per Form 990$796,133
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Section B, line 11

“The form 990 will be reviewed by the appropriate personnel designated by the organization and the university prior to filing and submission to the irs. The return will be provided to the full board of directors for review and approval as well.”

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

“The trust is operated and managed by board members and officers of alabama state university. Board members must adhere to board policies. Board policies are part of the university's by-laws and the state statute that created the university. University officers must also adhere to university and state policies regarding the disclosure of all potential conflicts of interest. The alabama ethics commission also enforces and monitors conflicts of interest by the organization's trustees, officers, and key employees.”

Form 990, Part VI, Section B, line 15

“All compensation matters are established and monitored by the organization's board of trustees.”

Form 990, Part VI, Section C, line 19

“Governing documents of the organization are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Alabama State University Trust
EIN
31-1635334
Phone
3342294223
Address
POBOX 271, MONTGOMERY, AL 36101

Signing Officer

Name
Wanda Lp Smith
Title
Vice President
Phone
3342294223
Signed
2017-02-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Gwendolyn Boyd
Formed
1998
Legal Domicile
Al
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
13

Preparer

Firm
Warren Averett LLC
Address
3815 Interstate Ct, Montgomery, AL 36109
Preparer
Tatia W Knight CPA
Phone
3342712200
Supplemental Narrative

Financial Statement Notes

Part V, Line 4:

“The Endowment funds of the Trust are intended for (1) granting of academic scholarships at the University, (2) endowment of academic chairs, (3) subsidizing of current faculty positions and (4) payment of fees and expenses for campus lectures and lecture series on the University's campus.”

Part X, Line 2:

“The Trust is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and similar provisions of Alabama law and is classified by the Internal Revenue Service as an organization other than a private foundation. As of July 31, 2016, the Trust has no uncertain tax positions that qualify for recognition or disclosure in the financial statements and no interest and penalties related to income taxes.”

Raw XML AppendixShowing 400 of 464 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/AccountsReceivableGrp/BOYAmt0133242
IRS990/AccountsReceivableGrp/EOYAmt0105427
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO SUPPORT AND IMPROVE EDUCATIONAL EXCELLENCE AT ALABAMA STATE UNIVERSITY
IRS990/AllOtherContributionsAmt067129
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ALONDREA PRITCHETT
IRS990/BooksInCareOfDetail/PhoneNum03342294737
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0915 SOUTH JACKSON STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0MONTGOMERY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd036104
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt08457125
IRS990/CashNonInterestBearingGrp/EOYAmt09124533
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt067129
IRS990/CYGrantsAndSimilarPaidAmt0664120
IRS990/CYInvestmentIncomeAmt0741462
IRS990/CYOtherExpensesAmt0132013
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt012458
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0796133
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0808591
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0The Trust provided scholarships totaling $664,120 to 354 students attending the University.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0664120
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt084299
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt084299
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.10
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
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/OtherCompensationAmt1233256
IRS990/Form990PartVIISectionAGrp/PersonNm0ALFREDA WARNER GREEN
IRS990/Form990PartVIISectionAGrp/PersonNm1ANGELA D MCKENZIE
IRS990/Form990PartVIISectionAGrp/PersonNm2GOVERNOR ROBERT BENTLEY
IRS990/Form990PartVIISectionAGrp/PersonNm3HERBERT D YOUNG
IRS990/Form990PartVIISectionAGrp/PersonNm4JOE WHITT SR
IRS990/Form990PartVIISectionAGrp/PersonNm5JUDGE BOBBY JUNKINS
IRS990/Form990PartVIISectionAGrp/PersonNm6LOCY BAKER
IRS990/Form990PartVIISectionAGrp/PersonNm7PAMELA JOHNSON WARE
IRS990/Form990PartVIISectionAGrp/PersonNm8RALPH RUGGS
IRS990/Form990PartVIISectionAGrp/PersonNm9ROBERT EL GILPIN
IRS990/Form990PartVIISectionAGrp/PersonNm10TAYLOR HODGE JR
IRS990/Form990PartVIISectionAGrp/PersonNm11dARRELL hUDSON jR
IRS990/Form990PartVIISectionAGrp/PersonNm12DR GWENDOLYN BOYD
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/ReportableCompFromOrgAmt12312540
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/TitleTxt0MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6member
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8cHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11mEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-652193
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantAmt0664120
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0664120
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0664120
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt025326018
IRS990/GrossReceiptsAmt026786802
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01393655
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01393655
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt068439079
IRS990/InvestmentsPubTradedSecGrp/EOYAmt068427003
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0AL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt025978211
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The Trust seeks to support and improve educational excellence at Alabama State University (the University) through the following: (1) granting of academic scholarships at the University, (2) endowment of academic chairs, (3) subsidizing of current faculty positions and (4) payment of fees and expenses for campus lectures and lecture series on the University's campus.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt077056280
IRS990/NetAssetsOrFundBalancesEOYAmt077705117
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-652193
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-652193
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0636379
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt026834
IRS990/OtherAssetsTotalGrp/EOYAmt048154
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0LECTURE SERIES
IRS990/OtherExpensesGrp/Desc1miscellaneous
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0198
IRS990/OtherExpensesGrp/ProgramServicesAmt047516
IRS990/OtherExpensesGrp/TotalAmt047516
IRS990/OtherExpensesGrp/TotalAmt1198
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt052566233
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt052956748
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DR GWENDOLYN BOYD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Official lecture series sponsored by the National Center for the Study of Civil Rights and African-American Culture at Alabama State University are held annually or to coincide with special civil rights anniversary events or other such occasions. Events may feature scholars, community leaders, educators and artists on a variety of themes. A total of 1,324 students and others from the general population attended a combination of five official and unofficial lecture series that were conducted in fiscal year 2016 by the National Center, with funding for lectures provided through the Trust for Educational Excellence.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt047516
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0145141
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0317633
IRS990/PYInvestmentIncomeAmt07708618
IRS990/PYOtherExpensesAmt0118644
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt07417482
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0436277
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07853759
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt012458
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
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/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0636001101
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0711636
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ALABAMA STATE UNIVERSITY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0711636
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt077056280
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt067129
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt077705117
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0664120
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01377841
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0132013
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt072979778
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0144831
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt077056280
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0317633
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04367948
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0118644
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt066752805
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt071152
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt072979778
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0975049
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt07282831
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0151961
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt059868846
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0132342
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt066752805
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt01456628
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt08337151
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0128906
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt059035200
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0338097
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt059868846
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0815993
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01642835
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0331293
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0796133
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0636379
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueNotReportedAmt0636379
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0808591
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Endowment funds of the Trust are intended for (1) granting of academic scholarships at the University, (2) endowment of academic chairs, (3) subsidizing of current faculty positions and (4) payment of fees and expenses for campus lectures and lecture series on the University's campus.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The Trust is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and similar provisions of Alabama law and is classified by the Internal Revenue Service as an organization other than a private foundation. As of July 31, 2016, the Trust has no uncertain tax positions that qualify for recognition or disclosure in the financial statements and no interest and penalties related to income taxes.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0796133
IRS990ScheduleD/TotalRevenuePerForm990Amt0808591
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01444970
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0796133
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0664120
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS/GAP AWARDS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0354
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0312540
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt033256
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DR GWENDOLYN BOYD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0345796
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 WILL BE REVIEWED BY THE APPROPRIATE PERSONNEL DESIGNATED BY THE ORGANIZATION AND THE UNIVERSITY PRIOR TO FILING AND SUBMISSION TO THE IRS. THE RETURN WILL BE PROVIDED TO THE FULL BOARD OF DIRECTORS FOR REVIEW AND APPROVAL AS WELL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TRUST IS OPERATED AND MANAGED BY BOARD MEMBERS AND OFFICERS OF ALABAMA STATE UNIVERSITY. BOARD MEMBERS MUST ADHERE TO BOARD POLICIES. BOARD POLICIES ARE PART OF THE UNIVERSITY'S BY-LAWS AND THE STATE STATUTE THAT CREATED THE UNIVERSITY. UNIVERSITY OFFICERS MUST ALSO ADHERE TO UNIVERSITY AND STATE POLICIES REGARDING THE DISCLOSURE OF ALL POTENTIAL CONFLICTS OF INTEREST. THE ALABAMA ETHICS COMMISSION ALSO ENFORCES AND MONITORS CONFLICTS OF INTEREST BY THE ORGANIZATION'S TRUSTEES, OFFICERS, AND KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL COMPENSATION MATTERS ARE ESTABLISHED AND MONITORED BY THE ORGANIZATION'S BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS OF THE ORGANIZATION ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt024490047
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt024748369
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt077056280
IRS990/TotalAssetsEOYAmt077705117
IRS990/TotalAssetsGrp/BOYAmt077056280
IRS990/TotalAssetsGrp/EOYAmt077705117
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt067129

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$77,705,117
Liabilities
$0
Net assets
$77,705,117
Revenue
$808,591
Expenses
$796,133
Net income
$12,458
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$113$0.00$113$5.94$3.00$2.94
2023Detailed filing. Detailed filing data is available for this year.$106$2.03$104$1.91$2.68$4.59
2022Detailed filing. Detailed filing data is available for this year.$102$0.00$102$5.24$1.04$4.20
2021Detailed filing. Detailed filing data is available for this year.$113$0.00$113$12.4$1.11$11.3
2020Detailed filing. Detailed filing data is available for this year.$97.9$0.00$97.9$4.34$0.99$3.35
2019Detailed filing. Detailed filing data is available for this year.$90.6$0.00$90.6$4.31$2.40$1.91
2018Detailed filing. Detailed filing data is available for this year.$87.9$0.00$87.9$6.38$2.08$4.30
2017Detailed filing. Detailed filing data is available for this year.$83.8$0.30$83.5$4.31$1.75$2.56
2016Detailed filing. Detailed filing data is available for this year.$77.7$0.00$77.7$0.81$0.80$0.01
2015Detailed filing. Detailed filing data is available for this year.$77.1$0.00$77.1$7.85$0.44$7.42
2014Detailed filing. Detailed filing data is available for this year.$73.0$0.00$73.0$7.20$1.13$6.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$66.8$0.00$66.8$1.59
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$60.1$0.25$59.9$1.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$52.4$0.00$52.4$0.69