Civic Intelligence

Mountain State University Endowment Fund Inc

990EZ • Fiscal year 2015 • EIN 55-0705569

Jul 01, 2014 to Jun 30, 2015 • Filed on May 09, 2016

PO Box 9003Beckley, WV 25802

(304) 253-7351

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2015

Liabilities / Revenue

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

1st percentile

-3722%

Higher net margin than 1% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

3rd percentile

-89%

Faster revenue growth than 3% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$0

Down $967,471 (-100%) from 2014

Net Assets

Down

$0

Down $915,063 (-100%) from 2014

Liabilities

Down

$0

Down $52,408 (-100%) from 2014

Revenue

Down

$18,016

Down $142,588 (-89%) from 2014

Expenses

Down

$688,536

Down $670,803 (-49%) from 2014

Net Income

Up

-$670,520

Up $528,215 (+44%) from 2014

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $9,087,205Liabilities 2010: $1,895,563Net Assets 2010: $7,191,6422010Assets 2011: $5,534,532Liabilities 2011: $66,387Net Assets 2011: $5,468,1452011Assets 2012: $5,769,343Liabilities 2012: $219,623Net Assets 2012: $5,549,7202012Assets 2013: $2,244,047Liabilities 2013: $64,507Net Assets 2013: $2,179,5402013Assets 2014: $967,471Liabilities 2014: $52,408Net Assets 2014: $915,0632014Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2015

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $382,2422010Expenses 2011: $84,9162011Expenses 2012: $157,5572012Expenses 2013: $3,655,9592013Revenue 2014: $160,604Expenses 2014: $1,359,339Net Income 2014: -$1,198,7352014Revenue 2015: $18,016Expenses 2015: $688,536Net Income 2015: -$670,5202015Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016

Highlighted filing

2015

Revenue$18,016
Expenses$688,536
Net Income-$670,520
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 9, 2016
Return Version
2014v6.0
Gross Receipts
$54,708
Mission and Program Overview

Mission

To solicit, receive, invest and dispense funds for the benefit of mountain state university, inc.

Program Services

DescriptionGrantsExpenses
THE MISSION OF THIS ORGANIZATION IS TO ASSIST AND SUPPORT THE EDUCATIONAL ACTIVITIES AND ENDEAVORS OF MOUNTAIN STATE UNIVERSITY AND ITS STUDENTS THROUGH CHARITABLE FUNDRAISING, INVESTMENT, FACILITIES DEVELOPMENT, AND OTHER MEANS APPROPRIATE TO CONTINUING THE LONG-TERM DEVELOPMENT OF THE UNIVERSITY. MOUNTAIN STATE UNIVERSITY, INC. HAS CEASED ALL MAJOR OPERATIONS EFFECTIVE DECEMBER 31, 2012; THEREFORE, MOUNTAIN STATE UNIVERSITY ENDOWMENT FUND, INC. HAS LIQUIDATED ALL ASSETS AND LIABILITIES AND IS IN THE PROCESS OF DISSOLVING THE ENTITY.$0$667,749
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
V MAX BEARDChair-$0--
JERRY ICESecretary-$0--
ELMER COPPOOLSETrustee-$0--
Filing and Contact Details

Filer

Filer Name
Mountain State University Endowment Fund Inc
EIN
55-0705569
Phone
3042537351
Address
PO BOX 9003, BECKLEY, WV 25802

Signing Officer

Name
Stephanie Allard
Title
Director of Budget and Tax
Phone
3042537351
Signed
2016-05-09
Discuss with paid preparer
Yes

Preparer

Firm
Dixon Hughes Goodman Llp
Address
PO BOX 1747, CHARLESTON, WV 25326
Preparer
Susan S Dull
Phone
3043430168
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: interest income. Amount: 20,856.

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

Activity classification: educational. Grantee name: west virginia university foundation. Grantee address: one waterfront place, 7th floor morgantown, wv 26507. Date of gift: 06/30/15. Amount given: 667,749.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: impairment of assets. Amount: -244,543.

Form 990-ez, Part II, Line 24 - Other Assets

Description: investments. Beg. Of year amount: 951,767. End of year amount: 0.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 52,408. End of year amount: 0.

Raw XML Appendix177 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/BusinessNameLine1Txt0STEPHANIE ALLARD DIRECTOR OF BUDGET AND TAX
IRS990EZ/BooksInCareOfDetail/PhoneNum03049291642
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 9003
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BECKLEY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WV
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd025802
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IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt00
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IRS990EZ/GainOrLossFromSaleOfAssetsAmt0-2840
IRS990EZ/GrantsAndSimilarAmountsPaidAmt0667749
IRS990EZ/GrossReceiptsAmt054708
IRS990EZ/InfoInScheduleOPartIIIInd0X
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IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
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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/PersonNm0V MAX BEARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JERRY ICE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ELMER COPPOOLSE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TRUSTEE
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd01
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0951767
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt0-244543
IRS990EZ/OtherRevenueTotalAmt020856
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO SOLICIT, RECEIVE, INVEST AND DISPENSE FUNDS FOR THE BENEFIT OF MOUNTAIN STATE UNIVERSITY, INC.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE MISSION OF THIS ORGANIZATION IS TO ASSIST AND SUPPORT THE EDUCATIONAL ACTIVITIES AND ENDEAVORS OF MOUNTAIN STATE UNIVERSITY AND ITS STUDENTS THROUGH CHARITABLE FUNDRAISING, INVESTMENT, FACILITIES DEVELOPMENT, AND OTHER MEANS APPROPRIATE TO CONTINUING THE LONG-TERM DEVELOPMENT OF THE UNIVERSITY. MOUNTAIN STATE UNIVERSITY, INC. HAS CEASED ALL MAJOR OPERATIONS EFFECTIVE DECEMBER 31, 2012; THEREFORE, MOUNTAIN STATE UNIVERSITY ENDOWMENT FUND, INC. HAS LIQUIDATED ALL ASSETS AND LIABILITIES AND IS IN THE PROCESS OF DISSOLVING THE ENTITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0667749
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SaleOfAssetsGrossAmt033852
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0WV
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt052408
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0688536
IRS990EZ/TotalProgramServiceExpensesAmt0667749
IRS990EZ/TotalRevenueAmt018016
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.MOUNTAINSTATE.EDU
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/EIN0550370128
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0MOUNTAIN STATE UNIVERSITY INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0TRANSFER OF ENDOWMENT TRUST FUNDS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0WEST VIRGINIA UNIVERSITY FOUNDATION INC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02015-06-30
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0556017181
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt0716164
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0FMV
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0ONE WATERFRONT PLACE 7TH FLOOR
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0MORGANTOWN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0WV
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd026507
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 20,856.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: EDUCATIONAL. GRANTEE NAME: WEST VIRGINIA UNIVERSITY FOUNDATION. GRANTEE ADDRESS: ONE WATERFRONT PLACE, 7TH FLOOR MORGANTOWN, WV 26507. DATE OF GIFT: 06/30/15. AMOUNT GIVEN: 667,749.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: IMPAIRMENT OF ASSETS. AMOUNT: -244,543.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: INVESTMENTS. BEG. OF YEAR AMOUNT: 951,767. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 52,408. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
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/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHANIE ALLARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR OF BUDGET AND TAX
ReturnHeader/BusinessOfficerGrp/PhoneNum03042537351
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MOUNTAIN STATE UNIVERSITY ENDOWMENT FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0MOUN
ReturnHeader/Filer/EIN0550705569
ReturnHeader/Filer/PhoneNum03042537351
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 9003
ReturnHeader/Filer/USAddress/CityNm0BECKLEY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WV
ReturnHeader/Filer/USAddress/ZIPCd025802
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0560747981
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DIXON HUGHES GOODMAN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1747
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLESTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd025326
ReturnHeader/PreparerPersonGrp/PhoneNum03043430168
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SUSAN S DULL
ReturnHeader/ReturnTs02016-05-16T08:56:14-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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Filings