Civic Intelligence

Peru State College Foundation Inc.

990 • Fiscal year 2019 • EIN 47-0495359

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 30, 2020

PO Box 10Peru, NE 68421

(402) 872-2342

Siviq Scores

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

Liabilities / Assets

9th percentile

0.00x

Higher debt load relative to assets than 9% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

9th percentile

0.01x

Higher debt load relative to revenue than 9% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

94th percentile

62%

Higher net margin than 94% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

31st percentile

$126,651

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

89th percentile

29%

Faster asset growth than 89% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

93rd percentile

78%

Faster revenue growth than 93% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Up

$17,839,380

Up $3,994,768 (+29%) from 2018

Net Assets

Up

$17,794,950

Up $4,149,065 (+30%) from 2018

Liabilities

Down

$44,430

Down $154,297 (-78%) from 2018

Revenue

Up

$3,269,281

Up $1,429,445 (+78%) from 2018

Expenses

Down

$1,248,941

Down $109,157 (-8.0%) from 2018

Net Income

Up

$2,020,340

Up $1,538,602 (+319%) from 2018

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $10,374,624Liabilities 2010: $262,874Net Assets 2010: $10,111,7502010Assets 2011: $10,524,735Liabilities 2011: $311,643Net Assets 2011: $10,213,0922011Assets 2012: $12,011,083Liabilities 2012: $431,365Net Assets 2012: $11,579,7182012Assets 2013: $13,811,832Liabilities 2013: $308,814Net Assets 2013: $13,503,0182013Assets 2014: $14,278,890Liabilities 2014: $346,338Net Assets 2014: $13,932,5522014Assets 2015: $13,763,619Liabilities 2015: $449,965Net Assets 2015: $13,313,6542015Assets 2016: $12,956,670Liabilities 2016: $422,352Net Assets 2016: $12,534,3182016Assets 2017: $14,354,183Liabilities 2017: $277,769Net Assets 2017: $14,076,4142017Assets 2018: $13,844,612Liabilities 2018: $198,727Net Assets 2018: $13,645,8852018Assets 2019: $17,839,380Liabilities 2019: $44,430Net Assets 2019: $17,794,9502019Assets 2020: $20,047,365Liabilities 2020: $93,724Net Assets 2020: $19,953,6412020Assets 2021: $22,198,844Liabilities 2021: $138,643Net Assets 2021: $22,060,2012021Assets 2022: $18,421,691Liabilities 2022: $103,470Net Assets 2022: $18,318,2212022Assets 2023: $22,284,093Liabilities 2023: $170,803Net Assets 2023: $22,113,2902023Assets 2024: $21,812,388Liabilities 2024: $123,357Net Assets 2024: $21,689,0312024

Highlighted filing

2019

Assets$17,839,380
Liabilities$44,430
Net Assets$17,794,950

Operations Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2010: $868,2172010Expenses 2011: $991,1682011Expenses 2012: $1,057,3482012Revenue 2013: $2,608,884Expenses 2013: $1,752,440Net Income 2013: $856,4442013Revenue 2014: $1,982,984Expenses 2014: $1,151,852Net Income 2014: $831,1322014Revenue 2015: $2,557,175Expenses 2015: $2,421,764Net Income 2015: $135,4112015Revenue 2016: $1,541,702Expenses 2016: $2,545,875Net Income 2016: -$1,004,1732016Revenue 2017: $2,272,315Expenses 2017: $1,736,330Net Income 2017: $535,9852017Revenue 2018: $1,839,836Expenses 2018: $1,358,098Net Income 2018: $481,7382018Revenue 2019: $3,269,281Expenses 2019: $1,248,941Net Income 2019: $2,020,3402019Revenue 2020: $1,587,551Expenses 2020: $805,753Net Income 2020: $781,7982020Revenue 2021: $2,387,281Expenses 2021: $966,416Net Income 2021: $1,420,8652021Revenue 2022: $1,356,756Expenses 2022: $1,307,148Net Income 2022: $49,6082022Revenue 2023: $3,037,751Expenses 2023: $1,379,712Net Income 2023: $1,658,0392023Revenue 2024: $1,413,644Expenses 2024: $3,833,967Net Income 2024: -$2,420,3232024

Highlighted filing

2019

Revenue$3,269,281
Expenses$1,248,941
Net Income$2,020,340
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 30, 2020
Return Version
2019v5.1
Gross Receipts
$5,006,594
Mission and Program Overview

Mission

The mission of the peru state college foundation is to provide assistance and support for peru state college, a four-year liberal arts institution, established in 1867 as nebraska's first public institution of higher education. With more than 24,000 alumni and friends and more than ten million in net assets, the psc foundation assists the college in achieving its mission of providing quality education, programs and services.

The mission of the peru state college foundation is to provide assistance and support for peru state college, a four-year liberal arts institution, established in 1867 as nebraska's first public institution of higher education.with more than 24,000 alumni and friends and more than ten million in net assets, the psc foundation assists the college in achieving its mission of providing quality education, programs and services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$11,930,934$16,231,946▲ $4,301,012
Cash and Non-Interest-Bearing Accounts$589,476$591,452▲ $1,976
Savings and Temporary Cash Investments$584,049$244,530▼ $339,519
Land, Buildings, and Equipment, Net$77,891$237,099▲ $159,208
Pledges and Grants Receivable$293,157$194,405▼ $98,752
Other Notes and Loans Receivable, Net$24,996$0▼ $24,996
Accounts Receivable$5,247$1,086▼ $4,161
Total Assets$13,844,612$17,839,380▲ $3,994,768
Other Assets Total$338,862$338,862→ $0
Liabilities
Unsecured Notes Loans Payable$59,102$0▼ $59,102
Accounts Payable and Accrued Expenses$121,603$30,962▼ $90,641
Other Liabilities$18,022$13,468▼ $4,554
Total Liabilities$198,727$44,430▼ $154,297
Net Assets / Fund Balance
Net Assets With Donor Restrictions$10,906,866$15,150,538▲ $4,243,672
Net Assets Without Donor Restrictions$2,739,019$2,644,412▼ $94,607
Total Net Assets Fund Balance$13,645,885$17,794,950▲ $4,149,065
Total Liabilities and Net Assets / Fund Balance$13,844,612$17,839,380▲ $3,994,768

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$164,558$44,794$209,352
Land$60,947-$60,947
Other Land Buildings$11,594$20,160$31,754
Other Securities$16,231,946--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$8,775,366$2,154,953▲ $1,656,824-$12,384,373
2018$8,928,024$1,087,819▼ $634,445-$8,775,366
2017$6,871,450$349,858▲ $318,487-$8,928,024
2016$6,722,581$131,770▲ $17,099-$6,871,450
2015$6,405,730$323,120▼ $3,231-$6,722,581
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Rebecca JewelInterim Chief Executive OfficerFT$88,992$88,992

Board Members and Trustees

NameTitle
Joyce DouglasChairman
Connie EdmondCo-vice Chair
Elton EdmondCo-vice Chair
Al UrwinDirector
Jeff GreenwaldDirector
Jim DesbienDirector
Judy GrotrianDirector
Mike GuilliattDirector
William SnyderDirector
Cindy HoffmanCo-treasurer
Tim HoffmanCo-treasurer
Todd SimpsonFormer CEO
Pat MertensSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$2,779,521
Program Service Revenue
$0
Investment Income
$479,583
Other Revenue
$10,177
All Other Contributions
$2,751,156
Change in Net Assets
$2,020,340

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,269,281
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$2,128,725
Total Revenue per Audited Statements
$5,398,006
Total Revenue per Form 990
$3,269,281
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$452,931
Total Fundraising Expense$416,543
Salaries, Compensation, and Employee Benefits$410,173
Other Expenses$329,663
Professional Fundraising Fees$56,174

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$452,931--$452,931
Other Salaries and Wages$64,929$95,353$95,127$255,409
Current Officers, Directors, Trustees, and Key Employees-$85,120$69,644$154,764
Office Expenses-$108,561$32,243$140,804
Fees for Services Professional Fundraising--$56,174$56,174
Travel--$31,771$31,771
Depreciation Depletion-$14,463-$14,463
Interest-$6,360-$6,360
Other Expenses-$4,681$20,931$4,681
Total Functional Expenses$517,860$314,538$416,543$1,248,941

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,248,941
Total Expenses per Audited Statements$1,248,941
Total Expenses per Form 990$1,248,941
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Peru State CollegePeru, NE-Scholarships to Peru State College Students and Support for Academic Departements at the University.-
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$56,174
Fundraising Direct Expenses$0
Fundraising Gross Income$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Phonathon$28,365---
Total Events$28,365---
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Deposits$13,468
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The draft of the 990 is distributed via email to the board of directors for review, comment, and approval. Once all changes, if any, are made and approved by the board, the 990 is filed.

Form 990, Part VI, Section B, Line 15

The board of directors evaluates the position of executive director and reviews comparable positions with comparable organizations before approval of compensation.

Form 990, Part VI, Section C, Line 19

The foundation's governing documents, tax returns and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Peru State College Foundation
EIN
47-0495359
Phone
4028722342
Address
PO BOX 10, PERU, NE 68421

Signing Officer

Name
Cindy Hoffman
Title
Treasurer
Phone
4028722342
Signed
2020-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cindy Hoffman
Formed
1955
Legal Domicile
Ne
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
0

Preparer

Firm
Hayes & Associates LLC
Address
1015 NORTH 98TH STREET SUITE 200, OMAHA, NE 68114
Preparer
Frank Hayes
Phone
4023902480
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The board of directors is responsible for the oversight of the independent audit of the foundation's financial statements.

Financial Statement Notes

PART X, LINE 2:

The foundation is an organization exempt from income tax under section 501(c)(3) of the internal revenue code. The foundation is not identified by the internal revenue service as a private foundation. Management evaluated the foundation's tax positions including unrelated business income and concluded that the foundation had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance.

Part V Line 4

Endowment funds' earnings are available for scholarships for qualifying students of the college.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0THE MISSION OF THE PERU STATE COLLEGE FOUNDATION IS TO PROVIDE ASSISTANCE AND SUPPORT FOR PERU STATE COLLEGE, A FOUR-YEAR LIBERAL ARTS INSTITUTION, ESTABLISHED IN 1867 AS NEBRASKA'S FIRST PUBLIC INSTITUTION OF HIGHER EDUCATION.WITH MORE THAN 24,000 ALUMNI AND FRIENDS AND MORE THAN TEN MILLION IN NET ASSETS, THE PSC FOUNDATION ASSISTS THE COLLEGE IN ACHIEVING ITS MISSION OF PROVIDING QUALITY EDUCATION, PROGRAMS AND SERVICES.
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IRS990/GrossReceiptsAmt05006594
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InterestGrp/ManagementAndGeneralAmt06360
IRS990/InterestGrp/TotalAmt06360
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0461682
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0461682
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt011930934
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt016231946
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt064954
IRS990/LandBldgEquipBasisNetGrp/BOYAmt077891
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0237099
IRS990/LandBldgEquipCostOrOtherBssAmt0302053
IRS990/LegalDomicileStateCd0NE
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01737313
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THE PERU STATE COLLEGE FOUNDATION IS TO PROVIDE ASSISTANCE AND SUPPORT FOR PERU STATE COLLEGE, A FOUR-YEAR LIBERAL ARTS INSTITUTION, ESTABLISHED IN 1867 AS NEBRASKA'S FIRST PUBLIC INSTITUTION OF HIGHER EDUCATION.WITH MORE THAN 24,000 ALUMNI AND FRIENDS AND MORE THAN TEN MILLION IN NET ASSETS, THE PSC FOUNDATION ASSISTS THE COLLEGE IN ACHIEVING ITS MISSION OF PROVIDING QUALITY EDUCATION, PROGRAMS AND SERVICES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt013645885
IRS990/NetAssetsOrFundBalancesEOYAmt017794950
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt017901
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt017901
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt02128725
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02739019
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02644412
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt032243
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0108561
IRS990/OfficeExpensesGrp/TotalAmt0140804
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0338862
IRS990/OtherAssetsTotalGrp/EOYAmt0338862
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PRINTING AND PUBLICATIO
IRS990/OtherExpensesGrp/Desc1SPECIAL EVENTS
IRS990/OtherExpensesGrp/Desc2DONOR RELATIONS
IRS990/OtherExpensesGrp/Desc3BOARD AND STAFF DEVELOP
IRS990/OtherExpensesGrp/FundraisingAmt073054
IRS990/OtherExpensesGrp/FundraisingAmt137599
IRS990/OtherExpensesGrp/FundraisingAmt220931
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04681
IRS990/OtherExpensesGrp/TotalAmt073054
IRS990/OtherExpensesGrp/TotalAmt137599
IRS990/OtherExpensesGrp/TotalAmt220931
IRS990/OtherExpensesGrp/TotalAmt34681
IRS990/OtherLiabilitiesGrp/BOYAmt018022
IRS990/OtherLiabilitiesGrp/EOYAmt013468
IRS990/OtherRevenueMiscGrp/BusinessCd0511140
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt010177
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt010177
IRS990/OtherRevenueTotalAmt010177
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt095127
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt095353
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt064929
IRS990/OtherSalariesAndWagesGrp/TotalAmt0255409
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt024996
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0293157
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0194405
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CINDY HOFFMAN
IRS990/ProfessionalFundraisingInd01
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDES PERU STATE COLLEGE EDUCATIONAL DEPARTMENTS WITH GRANTS FOR EQUIPMENT AND OPERATING PURPOSES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0295059
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0295059
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt064929
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01574542
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0561700
IRS990/PYInvestmentIncomeAmt0250430
IRS990/PYOtherExpensesAmt0361445
IRS990/PYOtherRevenueAmt014864
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0481738
IRS990/PYSalariesCompEmpBnftPaidAmt0377804
IRS990/PYTotalExpensesAmt01358098
IRS990/PYTotalProfFndrsngExpnsAmt057149
IRS990/PYTotalRevenueAmt01839836
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt02020340
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0584049
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0244530
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/GovernmentalEntityInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd00
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd00
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0PERU STATE COLLEGE FOUNDATION WAS ORGANIZED IN JUNE 1955 AND INCORPORATED AS A NONPROFIT ORGANIZATION FOR EDUCATIONAL AND CHARITABLE PURPOSES IN MAY 1962. IT IS A SELF-SUPPORTING AND INDEPENDENTLY GOVERNED CORPORATION ESTABLISHED SOLELY FOR THE BENEFIT OF PERU STATE COLLEGE AND ITS STUDENTS, FACULTY, AND PROGRAMS. THE FOUNDATION PROVIDES SCHOLARSHIPS TO COLLEGE STUDENTS, MONETARY SUPPORT TO ACEDEMIC DEPARTMENTS AND COLLEGE ADMINISTRATIVE DEPARTMENTS, AS REQUESTED BY THE COLLEGE AND APPROVED BY THE FOUNDATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE FOUNDATION OFFICES ARE LOCATED ON THE SUPPORTED ORGANIZATION'S CAMPUS AND THE FOUNDATION ACTS AS THE ALUMNI RELATIONS ARM OF THE INSTITUTION. THE FOUNDATION CEO IS ON THE COLLEGE PRESIDENT'S CABINET AND THE PRESIDENT IN TURN, ATTENDS ALL FOUNDATION BOARD MEETINGS. THIS MAINTAINS A CLOSE AND CONTINUOUS WORKING RELATIONSHIP BETWEEN ORGANIZATIONS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PAGE 5, SECTION E, LINE 1C
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PAGE5, SECTION D, LINE 2
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0611573095
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0452931
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0PERU STATE COLLEGE
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt0452931
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/BeginningYearBalanceAmt08775366
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt02154953
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt012384373
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0202770
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01656824
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0112714
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt08928024
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt01087819
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt08775366
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0188002
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-634445
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0107200
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt06871450
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0349858
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt08928024
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0285897
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0318487
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt06722581
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0131770
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt06871450
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt017099
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt06405730
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0323120
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt06722581
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt03038
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-3231
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0164558
IRS990ScheduleD/EquipmentGrp/DepreciationAmt044794
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0209352
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01248941
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt060947
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt060947
IRS990ScheduleD/NetUnrealizedGainsInvstAmt02128725
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt011594
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt020160
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt031754
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013468
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REFUNDABLE DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt016231946

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.8$0.12$21.7$1.41$3.83$2.42
2023Detailed filing. Detailed filing data is available for this year.$22.3$0.17$22.1$3.04$1.38$1.66
2022Detailed filing. Detailed filing data is available for this year.$18.4$0.10$18.3$1.36$1.31$0.05
2021Detailed filing. Detailed filing data is available for this year.$22.2$0.14$22.1$2.39$0.97$1.42
2020Detailed filing. Detailed filing data is available for this year.$20.0$0.09$20.0$1.59$0.81$0.78
2019Detailed filing. Detailed filing data is available for this year.$17.8$0.04$17.8$3.27$1.25$2.02
2018Detailed filing. Detailed filing data is available for this year.$13.8$0.20$13.6$1.84$1.36$0.48
2017Detailed filing. Detailed filing data is available for this year.$14.4$0.28$14.1$2.27$1.74$0.54
2016Detailed filing. Detailed filing data is available for this year.$13.0$0.42$12.5$1.54$2.55$1.00
2015Detailed filing. Detailed filing data is available for this year.$13.8$0.45$13.3$2.56$2.42$0.14
2014Detailed filing. Detailed filing data is available for this year.$14.3$0.35$13.9$1.98$1.15$0.83
2013Detailed filing. Detailed filing data is available for this year.$13.8$0.31$13.5$2.61$1.75$0.86
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.0$0.43$11.6$1.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.5$0.31$10.2$0.99
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$0.26$10.1$0.87