Civic Intelligence

St. Cloud State University Foundation Inc.

990 • Fiscal year 2015 • EIN 41-6019040

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 13, 2016

720 Fourth Avenue SouthSt Cloud, MN 56301

(320) 308-3177

Siviq Scores

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

Liabilities / Assets

46th percentile

0.25x

Higher debt load relative to assets than 46% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

73rd percentile

0.81x

Higher debt load relative to revenue than 73% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Net Margin

94th percentile

62%

Higher net margin than 94% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

41st percentile

$211,351

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Asset Growth

23rd percentile

-3.3%

Faster asset growth than 23% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

95th percentile

103%

Faster revenue growth than 95% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Assets

Down

$45,577,532

Down $1,542,450 (-3.3%) from 2014

Net Assets

Up

$34,392,727

Up $404,709 (+1.2%) from 2014

Liabilities

Down

$11,184,805

Down $1,947,159 (-15%) from 2014

Revenue

Up

$13,729,395

Up $6,951,311 (+103%) from 2014

Expenses

Down

$5,266,657

Down $219,062 (-4.0%) from 2014

Net Income

Up

$8,462,738

Up $7,170,373 (+555%) from 2014

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2010: $40,062,908Liabilities 2010: $13,499,387Net Assets 2010: $26,563,5212010Assets 2011: $43,757,632Liabilities 2011: $12,690,517Net Assets 2011: $31,067,1152011Assets 2012: $42,163,514Liabilities 2012: $18,611,720Net Assets 2012: $23,551,7942012Assets 2013: $45,380,957Liabilities 2013: $15,998,940Net Assets 2013: $29,382,0172013Assets 2014: $47,119,982Liabilities 2014: $13,131,964Net Assets 2014: $33,988,0182014Assets 2015: $45,577,532Liabilities 2015: $11,184,805Net Assets 2015: $34,392,7272015Assets 2016: $43,247,128Liabilities 2016: $9,270,887Net Assets 2016: $33,976,2412016Assets 2017: $45,757,688Liabilities 2017: $7,764,958Net Assets 2017: $37,992,7302017Assets 2018: $47,725,238Liabilities 2018: $6,091,712Net Assets 2018: $41,633,5262018Assets 2019: $49,034,209Liabilities 2019: $5,341,106Net Assets 2019: $43,693,1032019Assets 2020: $49,647,274Liabilities 2020: $3,769,782Net Assets 2020: $45,877,4922020Assets 2021: $59,952,629Liabilities 2021: $2,685,207Net Assets 2021: $57,267,4222021Assets 2022: $54,919,652Liabilities 2022: $1,624,429Net Assets 2022: $53,295,2232022Assets 2023: $55,996,709Liabilities 2023: $423,605Net Assets 2023: $55,573,1042023Assets 2024: $60,245,590Liabilities 2024: $498,734Net Assets 2024: $59,746,8562024Assets 2025: $65,495,716Liabilities 2025: $225,496Net Assets 2025: $65,270,2202025

Highlighted filing

2015

Assets$45,577,532
Liabilities$11,184,805
Net Assets$34,392,727

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $5,462,8092010Expenses 2011: $4,560,1362011Expenses 2012: $13,662,3472012Expenses 2013: $4,740,6042013Revenue 2014: $6,778,084Expenses 2014: $5,485,719Net Income 2014: $1,292,3652014Revenue 2015: $13,729,395Expenses 2015: $5,266,657Net Income 2015: $8,462,7382015Revenue 2016: $4,847,611Expenses 2016: $5,249,999Net Income 2016: -$402,3882016Revenue 2017: $6,461,092Expenses 2017: $4,975,307Net Income 2017: $1,485,7852017Revenue 2018: $8,070,352Expenses 2018: $5,671,123Net Income 2018: $2,399,2292018Revenue 2019: $7,418,178Expenses 2019: $6,256,660Net Income 2019: $1,161,5182019Revenue 2020: $7,112,601Expenses 2020: $6,560,763Net Income 2020: $551,8382020Revenue 2021: $7,849,914Expenses 2021: $4,444,310Net Income 2021: $3,405,6042021Revenue 2022: $10,818,973Expenses 2022: $5,982,390Net Income 2022: $4,836,5832022Revenue 2023: $4,586,966Expenses 2023: $5,399,010Net Income 2023: -$812,0442023Revenue 2024: $6,545,221Expenses 2024: $7,350,612Net Income 2024: -$805,3912024Revenue 2025: $6,126,115Expenses 2025: $4,013,678Net Income 2025: $2,112,4372025

Highlighted filing

2015

Revenue$13,729,395
Expenses$5,266,657
Net Income$8,462,738
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 13, 2016
Return Version
2014v6.0
Gross Receipts
$41,536,970
Mission and Program Overview

Mission

The foundation serves the students, faculty and staff at st. Cloud state university by engaging interested alumni and friends in supporting the mission, programs, and goals of the university. St. Cloud state university is a highly accredited regional comprehensive university that provides excellent education at an affordable price for a diverse student body. Key areas of support include scholarships, faculty, program, facilities, and equipment.

Support the students, faculty and staff at st. Cloud state university.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$29,331,842$32,826,465▲ $3,494,623
Pledges and Grants Receivable$2,732,973$2,142,587▼ $590,386
Savings and Temporary Cash Investments$4,395,210$1,841,719▼ $2,553,491
Land, Buildings, and Equipment, Net$272,251$254,203▼ $18,048
Cash and Non-Interest-Bearing Accounts$1,124,044$151,951▼ $972,093
Prepaid Expenses and Deferred Charges$56,898$67,330▲ $10,432
Total Assets$47,119,982$45,577,532▼ $1,542,450
Other Assets Total$9,206,764$8,293,277▼ $913,487
Liabilities
Tax Exempt Bond Liabilities$9,439,674$8,471,220▼ $968,454
Mortgage Notes Payable Secured by Investment Property$3,045,000$2,070,000▼ $975,000
Other Liabilities$410,701$389,880▼ $20,821
Accounts Payable and Accrued Expenses$156,762$157,569▲ $807
Escrow Account Liability$79,827$96,136▲ $16,309
Total Liabilities$13,131,964$11,184,805▼ $1,947,159
Net Assets / Fund Balance
Permanently Rstr Net Assets$17,673,111$18,068,260▲ $395,149
Temporarily Rstr Net Assets$16,905,294$15,642,048▼ $1,263,246
Unrestricted Net Assets$-590,387$682,419▲ $1,272,806
Total Net Assets Fund Balance$33,988,018$34,392,727▲ $404,709
Total Liabilities and Net Assets / Fund Balance$47,119,982$45,577,532▼ $1,542,450

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$21,388$256,784$278,172
Land$175,400-$175,400
Leasehold Improvements$57,415$49,730$107,145
Other Assets Org$47,546--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$26,509,323$516,648▲ $143,964$34,493$25,685,047
2013$23,091,676$816,049▲ $3,924,020$5,878$26,509,323
2012$20,351,852$543,241▲ $2,825,507$5,517$23,091,676
2011$20,519,518$907,346▲ $109,213-$20,351,852
2010$17,362,314$660,913▲ $3,553,944$41,417$20,519,518
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Roger LewisDirector of FinanceFT$82,974$82,974

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Front Row Marketing Services CorpAttain Sponsorships3601 S BROAD ST, Philadelphia, PA 19148$321,301
Revenue and Support

Revenue Composition

Contributions and Grants
$5,119,291
Program Service Revenue
$0
Investment Income
$8,610,104
Other Revenue
$0
All Other Contributions
$3,298,669
Change in Net Assets
$8,462,738

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded9$83,681Fair Market Value
Other Non Cash Contri Table1$7,975Fair Market Value
Collectibles1$4,965Donor Estimate
Other Non Cash Contri Table4$3,731Fair Market Value
Other Non Cash Contri Table1$2,000Fair Market Value
Other Non Cash Contri Table3$1,114Donor Estimate
Other Non Cash Contri Table1$1,000Donor Estimate
Other Non Cash Contri Table1$1,000Fair Market Value
Other Non Cash Contri Table1$500Fair Market Value
Books and Publications-$400Donor Estimate
Other Non Cash Contri Table2$294Fair Market Value
Scientific Specimens1$200Donor Estimate
Other Non Cash Contri Table1$100Fair Market Value
Other Non Cash Contri Table1$100Fair Market Value
Works of Art1$50Donor Estimate
Other Non Cash Contri Table1$25Fair Market Value
Total Noncash Contributions29$107,135-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,669,940
Salaries, Compensation, and Employee Benefits$1,351,412
Other Expenses$1,181,557
Total Fundraising Expense$740,166
Professional Fundraising Fees$63,748

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,669,940--$2,669,940
Other Salaries and Wages$4,645$512,992$336,331$853,968
Interest$287,828--$287,828
All Other Expenses-$278,263$3,939$282,202
Other Employee Benefits-$99,512$86,031$185,543
Current Officers, Directors, Trustees, and Key Employees$20,879$129,100$31,815$181,794
Office Expenses$22,920$29,971$124,290$177,181
Information Technology-$69,556$5,156$74,712
Payroll Taxes$1,331$44,305$25,393$71,029
Depreciation Depletion-$70,131-$70,131
Fees for Services Professional Fundraising--$63,748$63,748
Fees for Service Investment Mgmnt Fees$60,453--$60,453
Pension Plan Contributions-$31,049$28,029$59,078
Advertising$25,199$11,586$5,642$42,427
Travel$1,858$4,971$21,005$27,834
Fees for Services Accounting-$18,131-$18,131
Other Expenses$150$2,043$35$2,228
Conferences and Meetings-$101-$101
Total Functional Expenses$3,185,930$1,340,561$740,166$5,266,657
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
St Cloud State UniversitySt Cloud, MNN/aAssistance to Scsu and Student Scholarships$2,646,486
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$63,748
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Annuities Payable$336,296
Construction Revenue Bonds Interest Payable$53,584

Bond Issues

BondIssuerIssuedIssue PricePurpose
AEda of the City of St Cloud Mn2012-05-30$11,294,786REVENUE REFUNDING BONDS

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A--$2,520,000$303,005

Bond Financing Compliance

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

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1

The executive committee is composed of the board chair and the chairs of each committee. The executive committee may conduct necessary business on behalf of the board.

Form 990, Part VI, Section B, Line 11

The finance/audit committee discusses the 990, after having an opportunity to review. The finance/audit committee is empowered to accept the 990 on behalf of the board, and present it later to the full board for informational purposes.

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

Annually board members are required to complete the conflict of interest form. These are then reviewed at the board level and potential items are discussed. Typically, none are found. If such are found, members abstain from voting.

Form 990, Part VI, Section C, Line 19

Available at the foundation office upon request.

Filing and Contact Details

Filer

Filer Name
St Cloud State University Foundation Inc
EIN
41-6019040
Phone
3203083177
Address
720 FOURTH AVENUE SOUTH, ST CLOUD, MN 56301

Signing Officer

Name
Sherry Smith
Title
Board President
Phone
3203083177
Signed
2016-02-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sherry Smith
Formed
1958
Legal Domicile
Mn
Voting Board Members
18
Independent Board Members
18
Employees
0
Volunteers
30

Preparer

Firm
Cliftonlarsonallen Llp
Address
818 SECOND ST SO SUITE 320, WAITE PARK, MN 56387
Preparer
William a Leclaire CPA
Phone
3202035500
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

The foundation holds various funds transferred to them from various constituents (including, but not limited to, colleges within the university, academic departments, and support departments) for investment management purposes. The funds are to be distributed back to the constituents as they request them.

PART V, LINE 4:

The organization's endowment funds are to be invested according to policies and governing laws, to provide a source of financial support for the faculty, staff, and students of the university per the stipulation of the individual fund agreements.

PART X, LINE 2:

The foundation qualifies as a tax-exempt organization under section 501(c)(3) of the internal revenue code. Therefore, no expense has been recognized for income taxes in the accompanying consolidated financial statements. The foundation is not a private foundation and contributions to the foundation qualify as charitable deductions by the contributor. The foundation files as a tax exempt organization. Should that status be challenged in future periods, all years since inception would be subject to review by the internal revenue service.

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IRS990/Form990PartVIISectionAGrp/PersonNm10ROBERT THUERINGER
IRS990/Form990PartVIISectionAGrp/PersonNm11GEROGE TORREY
IRS990/Form990PartVIISectionAGrp/PersonNm12DOMINIC TURPIN
IRS990/Form990PartVIISectionAGrp/PersonNm13BRAD WHEELOCK
IRS990/Form990PartVIISectionAGrp/PersonNm14SEAN WHITLOCK
IRS990/Form990PartVIISectionAGrp/PersonNm15BERNIE ALDRICH
IRS990/Form990PartVIISectionAGrp/PersonNm16GARY ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm17JANESE EVANS
IRS990/Form990PartVIISectionAGrp/PersonNm18MATTHEW ANDREW
IRS990/Form990PartVIISectionAGrp/PersonNm19ROGER LEWIS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt18181631
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1972340
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18VP FOR UNIVERSITY ADVANCEMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR OF FINANCE
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01958
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt07607182
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantAmt01130670
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02669940
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02669940
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt035414757
IRS990/GrossReceiptsAmt041536970
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt05156
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt069556
IRS990/InformationTechnologyGrp/TotalAmt074712
IRS990/InterestGrp/ProgramServicesAmt0287828
IRS990/InterestGrp/TotalAmt0287828
IRS990/InvestmentIncomeGrp/ExclusionAmt01002922
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01002922
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt029331842
IRS990/InvestmentsPubTradedSecGrp/EOYAmt032826465
IRS990/InvestTaxExemptBondsInd01
IRS990/IRPDocumentCnt063
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0306514
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0272251
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0254203
IRS990/LandBldgEquipCostOrOtherBssAmt0560717
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt027807575
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE FOUNDATION SERVES THE STUDENTS, FACULTY AND STAFF AT ST. CLOUD STATE UNIVERSITY BY ENGAGING INTERESTED ALUMNI AND FRIENDS IN SUPPORTING THE MISSION, PROGRAMS, AND GOALS OF THE UNIVERSITY. ST. CLOUD STATE UNIVERSITY IS A HIGHLY ACCREDITED REGIONAL COMPREHENSIVE UNIVERSITY THAT PROVIDES EXCELLENT EDUCATION AT AN AFFORDABLE PRICE FOR A DIVERSE STUDENT BODY. KEY AREAS OF SUPPORT INCLUDED SCHOLARSHIPS, FACULTY, PROGRAM, FACILITIES, AND EQUIPMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03045000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02070000
IRS990/NetAssetsOrFundBalancesBOYAmt033988018
IRS990/NetAssetsOrFundBalancesEOYAmt034392727
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt07607182
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt07607182
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-8058029
IRS990/NoncashContributionsAmt0107135
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt0124290
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt029971
IRS990/OfficeExpensesGrp/ProgramServicesAmt022920
IRS990/OfficeExpensesGrp/TotalAmt0177181
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09206764
IRS990/OtherAssetsTotalGrp/EOYAmt08293277
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt086031
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt099512
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0185543
IRS990/OtherExpensesGrp/Desc0ALUMNI EVENTS
IRS990/OtherExpensesGrp/Desc1RESEARCH/DEMOGRAPHIC MA
IRS990/OtherExpensesGrp/Desc2STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3SUBSCRIPTIONS/MEMBERSHI
IRS990/OtherExpensesGrp/FundraisingAmt01431
IRS990/OtherExpensesGrp/FundraisingAmt17321
IRS990/OtherExpensesGrp/FundraisingAmt235
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt026789
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt112061
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22043
IRS990/OtherExpensesGrp/ProgramServicesAmt076762
IRS990/OtherExpensesGrp/ProgramServicesAmt14738
IRS990/OtherExpensesGrp/ProgramServicesAmt29227
IRS990/OtherExpensesGrp/ProgramServicesAmt3150
IRS990/OtherExpensesGrp/TotalAmt078193
IRS990/OtherExpensesGrp/TotalAmt131527
IRS990/OtherExpensesGrp/TotalAmt228609
IRS990/OtherExpensesGrp/TotalAmt32228
IRS990/OtherLiabilitiesGrp/BOYAmt0410701
IRS990/OtherLiabilitiesGrp/EOYAmt0389880
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0336331
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0512992
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04645
IRS990/OtherSalariesAndWagesGrp/TotalAmt0853968
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt025393
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt044305
IRS990/PayrollTaxesGrp/ProgramServicesAmt01331
IRS990/PayrollTaxesGrp/TotalAmt071029
IRS990/PensionPlanContributionsGrp/FundraisingAmt028029
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt031049
IRS990/PensionPlanContributionsGrp/TotalAmt059078
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt017673111
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt018068260
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02732973
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02142587
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt056898
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt067330
IRS990/PrincipalOfficerNm0SHERRY SMITH
IRS990/ProfessionalFundraisingInd01
IRS990/ProgSrvcAccomActy2Grp/Desc0SCHOLARSHIPS - THE FOUNDATION PROVIDES SCHOLARSHIP FUNDS TO THE UNIVERSITY TO AWARD TO DESERVING STUDENTS. OVER 960 SCHOLARSHIPS WERE FUNDED THROUGH THE EFFORTS OF THE FOUNDATION.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0893012
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0842305
IRS990/ProgSrvcAccomActy3Grp/Desc0CAPITAL PROGRAM SUPPORT - THE FOUNDATION IS ACTIVELY ENGAGED IN SUPPORTING EXPANSION AND RENOVATIONS OF FACILITIES OF THE UNIVERSITY, INCLUDING THE COLLEGE OF EDUCATION AND ATHLETIC FACILITIES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0500770
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0472331
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER UNIVERSITY SUPPORT - THE FOUNDATION PROVIDES OTHER SUPPORT TO THE UNIVERSITY FOR VARIOUS OPERATIONAL AND PROGRAM PURPOSES.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0238152
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt0224634
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05292223
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt03164106
IRS990/PYInvestmentIncomeAmt01485861
IRS990/PYOtherExpensesAmt01093457
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01292366
IRS990/PYSalariesCompEmpBnftPaidAmt01187817
IRS990/PYTotalExpensesAmt05485718
IRS990/PYTotalProfFndrsngExpnsAmt040338
IRS990/PYTotalRevenueAmt06778084
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt08462738
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt01820622
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04395210
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01841719
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt05119291
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt05292223
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt07033406
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt05977690

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$65.5$0.23$65.3$6.13$4.01$2.11
2024Detailed filing. Detailed filing data is available for this year.$60.2$0.50$59.7$6.55$7.35$0.81
2023Detailed filing. Detailed filing data is available for this year.$56.0$0.42$55.6$4.59$5.40$0.81
2022Detailed filing. Detailed filing data is available for this year.$54.9$1.62$53.3$10.8$5.98$4.84
2021Detailed filing. Detailed filing data is available for this year.$60.0$2.69$57.3$7.85$4.44$3.41
2020Detailed filing. Detailed filing data is available for this year.$49.6$3.77$45.9$7.11$6.56$0.55
2019Detailed filing. Detailed filing data is available for this year.$49.0$5.34$43.7$7.42$6.26$1.16
2018Detailed filing. Detailed filing data is available for this year.$47.7$6.09$41.6$8.07$5.67$2.40
2017Detailed filing. Detailed filing data is available for this year.$45.8$7.76$38.0$6.46$4.98$1.49
2016Detailed filing. Detailed filing data is available for this year.$43.2$9.27$34.0$4.85$5.25$0.40
2015Detailed filing. Detailed filing data is available for this year.$45.6$11.2$34.4$13.7$5.27$8.46
2014Detailed filing. Detailed filing data is available for this year.$47.1$13.1$34.0$6.78$5.49$1.29
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.4$16.0$29.4$4.74
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.2$18.6$23.6$13.7
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$43.8$12.7$31.1$4.56
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.1$13.5$26.6$5.46