Civic Intelligence

The Sullivan University System Foundation Inc.

990EZ • Fiscal year 2023 • EIN 33-1009808

Jan 01, 2023 to Dec 31, 2023 • Filed on May 20, 2024

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

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

94th percentile

67%

Higher net margin than 94% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

76th percentile

24%

Faster asset growth than 76% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

81st percentile

52%

Faster revenue growth than 81% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$277,816

Up $53,779 (+24%) from 2022

Net Assets

Up

$277,816

Up $53,779 (+24%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin94th percentile

Revenue

Up

$80,817

Up $27,613 (+52%) from 2022

Expenses

Down

$27,038

Down $26,570 (-50%) from 2022

Net Income

Up

$53,779

Up $54,183 (+13412%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth76th 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

2023

Assets$277,816
Liabilities$0
Net Assets$277,816
Open 2023 Filing

Operations Trend

Revenue Growth81st 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

2023

Revenue$80,817
Expenses$27,038
Net Income$53,779
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 20, 2024
Return Version
2023v5.0
Gross Receipts
$80,817
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.$0$0
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GLENN D SULLIVANOfficer/Director-$0--
PATRICK MCMURRAYDirector-$0--
LISA ZARINGDirector-$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
2024-05-20
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: 5,391.”

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

“Activity classification: various scholarships. Grantee name: scholarships for 32 students. Amount given: 27,000.”

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

“Description: bank service charge. Amount: 38.”

Raw XML Appendix157 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 GARDINER LANE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOUISVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd040205
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0224037
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0277816
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt075426
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt053779
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0224037
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0277816
IRS990EZ/GrantsAndSimilarAmountsPaidAmt027000
IRS990EZ/GrossReceiptsAmt080817
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt05391
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0224037
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0277816
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0224037
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0277816
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/PersonNm0GLENN D SULLIVAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PATRICK MCMURRAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LISA ZARING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0OFFICER/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt038
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/GrantsAndAllocationsAmt00
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/TotalExpensesAmt027038
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt080817
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt075426
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt051955
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt023991
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt096742
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0168474
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0416588
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt05391
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01249
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt032
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0409
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02071
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt09152
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.42930
IRS990ScheduleA/PublicSupportPY170Pct00.44890
IRS990ScheduleA/PublicSupportTotal170Amt0182754
IRS990ScheduleA/SubstantialContributorsTotAmt0233834
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt075426
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt051955
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt023991
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt096742
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0168474
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0416588
IRS990ScheduleA/TotalSupportAmt0425740
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: 5,391.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: VARIOUS SCHOLARSHIPS. GRANTEE NAME: SCHOLARSHIPS FOR 32 STUDENTS. AMOUNT GIVEN: 27,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: BANK SERVICE CHARGE. AMOUNT: 38.
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/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BETHANY S SMITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum05024510815
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-20
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/IRSResponsiblePrtyInfoCurrInd00
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/ReturnTs02024-05-28T14:20:03-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BETHANY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SMITH
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$277,816
Liabilities
$0
Net assets
$277,816
Revenue
$80,817
Expenses
$27,038
Net income
$53,779
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