Civic Intelligence

The Sullivan University System Foundation Inc.

990EZ • Fiscal year 2021 • EIN 33-1009808

Jan 01, 2021 to Dec 31, 2021 • Filed on Dec 01, 2023

Organization ProfileN/A
2100 Gardiner Lane Suite 302 No 3Louisville, KY 40205

(502) 451-0815

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

7th percentile

-115%

Higher net margin than 7% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

25th percentile

-11%

Faster asset growth than 25% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

9th percentile

-75%

Faster revenue growth than 9% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$224,441

Down $27,540 (-11%) from 2020

Net Assets

Down

$224,441

Down $27,540 (-11%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin7th percentile

Revenue

Down

$24,023

Down $73,128 (-75%) from 2020

Expenses

Down

$51,563

Down $45,414 (-47%) from 2020

Net Income

Down

-$27,540

Down $27,714 (-15928%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

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

$300K$200K$100K$0Assets 2020: $251,981Liabilities 2020: $0Net Assets 2020: $251,9812020Assets 2021: $224,441Liabilities 2021: $0Net Assets 2021: $224,4412021Assets 2022: $224,037Liabilities 2022: $0Net Assets 2022: $224,0372022Assets 2023: $277,816Liabilities 2023: $0Net Assets 2023: $277,8162023Assets 2024: $253,982Liabilities 2024: $0Net Assets 2024: $253,9822024

Highlighted filing

2021

Assets$224,441
Liabilities$0
Net Assets$224,441
Open 2021 Filing

Operations Trend

Revenue Growth9th percentile

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

$100K$50K$0-$50KRevenue 2020: $97,151Expenses 2020: $96,977Net Income 2020: $1742020Revenue 2021: $24,023Expenses 2021: $51,563Net Income 2021: -$27,5402021Revenue 2022: $53,204Expenses 2022: $53,608Net Income 2022: -$4042022Revenue 2023: $80,817Expenses 2023: $27,038Net Income 2023: $53,7792023Revenue 2024: $74,095Expenses 2024: $51,597Net Income 2024: $22,4982024

Highlighted filing

2021

Revenue$24,023
Expenses$51,563
Net Income-$27,540
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Dec 1, 2023
Return Version
2021v4.2
Gross Receipts
$24,023
Mission and Program Overview

Mission

To provide scholarships to undergraduate and graduate students.

Program Services

DescriptionGrantsExpenses
TO PROVIDE SCHOLARSHIP ASSISTANCE TO QUALIFIED STUDENTS PURSING UNDERGRADUATE OR GRADUATE DEGREE PROGRAMS AT ANY DIVISION OF THE SULLIVAN UNIVERSITY SYSTEM, INC. ACADEMIC ABILITY AND FINANCIAL NEED ARE CONSIDERED ALONG WITH STRONG PREFERENCE TO ECONOMICALLY DISADVANTAGED AND MINORITY APPLICANTS.$49,685$0
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
AR SULLIVANPresident-$0--
GLENN D SULLIVANDirector-$0--
PATRICK MCMURRAYDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Sullivan University System
EIN
33-1009808
Phone
5024510815
Address
2100 GARDINER LANE SUITE 302 NO 3, LOUISVILLE, KY 40205

Signing Officer

Name
Bethany S Smith
Title
CFO
Phone
5024510815
Signed
2023-12-01
Discuss with paid preparer
Yes

Preparer

Firm
Dean Dorton Allen Ford Pllc
Address
435 N WHITTINGTON PKWY STE 400, LOUISVILLE, KY 40222
Preparer
Amelia Sebastian
Phone
5025896050
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest income. Amount: 32.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: various scholarships. Grantee name: scholarships for 50 students. Amount given: 49,685.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: bank service charge. Amount: 12. Description: miscellaneous expense. Amount: 1,866. Total to form 990-ez, line 16: 1,878.”

Raw XML Appendix156 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE SULLIVAN UNIVERSITY SYSTEM FINANCE DEPARTMENT
IRS990EZ/BooksInCareOfDetail/PhoneNum05024510815
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02100 GARDINAR LANE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOUISVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd040205
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0251981
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0224441
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IRS990EZ/ContributionsGiftsGrantsEtcAmt023991
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-27540
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt049685
IRS990EZ/GrossReceiptsAmt024023
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/InvestmentIncomeAmt032
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0251981
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0224441
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0251981
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0224441
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0AR SULLIVAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1GLENN D SULLIVAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PATRICK MCMURRAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt01878
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE SCHOLARSHIPS TO UNDERGRADUATE AND GRADUATE STUDENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE SCHOLARSHIP ASSISTANCE TO QUALIFIED STUDENTS PURSING UNDERGRADUATE OR GRADUATE DEGREE PROGRAMS AT ANY DIVISION OF THE SULLIVAN UNIVERSITY SYSTEM, INC. ACADEMIC ABILITY AND FINANCIAL NEED ARE CONSIDERED ALONG WITH STRONG PREFERENCE TO ECONOMICALLY DISADVANTAGED AND MINORITY APPLICANTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt049685
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0KY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt051563
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt024023
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt023991
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt096742
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0168474
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0127632
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0128713
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0545552
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt032
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0409
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02071
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01795
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01113
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05420
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.44710
IRS990ScheduleA/PublicSupportPY170Pct00.47560
IRS990ScheduleA/PublicSupportTotal170Amt0246359
IRS990ScheduleA/SubstantialContributorsTotAmt0299193
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt023991
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt096742
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0168474
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0127632
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0128713
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0545552
IRS990ScheduleA/TotalSupportAmt0550972
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 32.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: VARIOUS SCHOLARSHIPS. GRANTEE NAME: SCHOLARSHIPS FOR 50 STUDENTS. AMOUNT GIVEN: 49,685.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: BANK SERVICE CHARGE. AMOUNT: 12. DESCRIPTION: MISCELLANEOUS EXPENSE. AMOUNT: 1,866. TOTAL TO FORM 990-EZ, LINE 16: 1,878.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BETHANY S SMITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum05024510815
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-12-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE SULLIVAN UNIVERSITY SYSTEM
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SULL
ReturnHeader/Filer/EIN0331009808
ReturnHeader/Filer/PhoneNum05024510815
ReturnHeader/Filer/USAddress/AddressLine1Txt02100 GARDINER LANE SUITE 302 NO 3
ReturnHeader/Filer/USAddress/CityNm0LOUISVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040205
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0273858252
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DEAN DORTON ALLEN FORD PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0435 N WHITTINGTON PKWY STE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOUISVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040222
ReturnHeader/PreparerPersonGrp/PhoneNum05025896050
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AMELIA SEBASTIAN
ReturnHeader/ReturnTs02023-12-04T15:10:05-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BETHANY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SMITH
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$224,441
Liabilities
$0
Net assets
$224,441
Revenue
$24,023
Expenses
$51,563
Net income
-$27,540
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.54$0.00$2.54$0.74$0.52$0.22
2023Detailed filing. Detailed filing data is available for this year.$2.78$0.00$2.78$0.81$0.27$0.54
2022Detailed filing. Detailed filing data is available for this year.$2.24$0.00$2.24$0.53$0.54$0.00
2021Detailed filing. Detailed filing data is available for this year.$2.24$0.00$2.24$0.24$0.52$0.28
2020Detailed filing. Detailed filing data is available for this year.$2.52$0.00$2.52$0.97$0.97$0.00