Civic Intelligence

Winston-Salem State University Foundation Incorporated

990 • Fiscal year 2021 • EIN 56-0989620

Jul 01, 2020 to Jun 30, 2021 • Filed on Dec 08, 2021

Campus Box 19537 No 304Winstonsalem, NC 27110

(336) 750-3005

Siviq Scores

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

Liabilities / Assets

68th percentile

0.35x

Higher debt load relative to assets than 68% of similar nonprofits.

2021 filings • NTEE B • $100M-$250M nonprofits • Source year 2021

Liabilities / Revenue

77th percentile

0.96x

Higher debt load relative to revenue than 77% of similar nonprofits.

2021 filings • NTEE B • $100M-$250M nonprofits • Source year 2021

Net Margin

99th percentile

87%

Higher net margin than 99% of similar nonprofits.

2021 filings • NTEE B • $100M-$250M nonprofits • Source year 2021

Top Officer Pay

12th percentile

$144,994

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2021 filings • NTEE B • $100M-$250M nonprofits • Source year 2021

Asset Growth

96th percentile

59%

Faster asset growth than 96% of similar nonprofits.

2021 filings • NTEE B • $100M-$250M nonprofits • Annualized from 2020 to 2021

Revenue Growth

99th percentile

433%

Faster revenue growth than 99% of similar nonprofits.

2021 filings • NTEE B • $100M-$250M nonprofits • Annualized from 2020 to 2021

Assets

Up

$101,451,947

Up $37,763,163 (+59%) from 2020

Net Assets

Up

$65,931,708

Up $39,732,323 (+152%) from 2020

Liabilities

Down

$35,520,239

Down $1,969,160 (-5.3%) from 2020

Revenue

Up

$36,998,091

Up $30,057,128 (+433%) from 2020

Expenses

Down

$4,744,386

Down $24,707 (-0.5%) from 2020

Net Income

Up

$32,253,705

Up $30,081,835 (+1385%) from 2020

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2011: $62,566,578Liabilities 2011: $49,439,877Net Assets 2011: $13,126,7012011Assets 2012: $63,296,462Liabilities 2012: $49,381,842Net Assets 2012: $13,914,6202012Assets 2013: $82,753,749Liabilities 2013: $65,035,189Net Assets 2013: $17,718,5602013Assets 2014: $79,598,495Liabilities 2014: $60,812,394Net Assets 2014: $18,786,1012014Assets 2015: $80,144,267Liabilities 2015: $60,572,817Net Assets 2015: $19,571,4502015Assets 2016: $62,954,030Liabilities 2016: $44,865,974Net Assets 2016: $18,088,0562016Assets 2017: $61,193,159Liabilities 2017: $42,435,814Net Assets 2017: $18,757,3452017Assets 2018: $62,546,848Liabilities 2018: $40,783,052Net Assets 2018: $21,763,7962018Assets 2019: $63,118,332Liabilities 2019: $39,219,673Net Assets 2019: $23,898,6592019Assets 2020: $63,688,784Liabilities 2020: $37,489,399Net Assets 2020: $26,199,3852020Assets 2021: $101,451,947Liabilities 2021: $35,520,239Net Assets 2021: $65,931,7082021Assets 2022: $99,996,006Liabilities 2022: $33,578,783Net Assets 2022: $66,417,2232022Assets 2023: $98,940,013Liabilities 2023: $31,757,132Net Assets 2023: $67,182,8812023Assets 2024: $97,879,162Liabilities 2024: $27,204,479Net Assets 2024: $70,674,6832024

Highlighted filing

2021

Assets$101,451,947
Liabilities$35,520,239
Net Assets$65,931,708

Operations Trend

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

$40M$20M$0-$20MRevenue 2011: $4,150,381Expenses 2011: $4,343,634Net Income 2011: -$193,2532011Revenue 2012: $5,578,402Expenses 2012: $4,950,277Net Income 2012: $628,1252012Revenue 2013: $8,078,883Expenses 2013: $5,138,455Net Income 2013: $2,940,4282013Revenue 2014: $5,363,810Expenses 2014: $5,566,146Net Income 2014: -$202,3362014Revenue 2015: $4,632,006Expenses 2015: $4,702,096Net Income 2015: -$70,0902015Revenue 2016: $5,114,598Expenses 2016: $6,395,660Net Income 2016: -$1,281,0622016Revenue 2017: $5,511,532Expenses 2017: $6,134,704Net Income 2017: -$623,1722017Revenue 2018: $6,297,440Expenses 2018: $4,619,974Net Income 2018: $1,677,4662018Revenue 2019: $6,388,883Expenses 2019: $5,025,178Net Income 2019: $1,363,7052019Revenue 2020: $6,940,963Expenses 2020: $4,769,093Net Income 2020: $2,171,8702020Revenue 2021: $36,998,091Expenses 2021: $4,744,386Net Income 2021: $32,253,7052021Revenue 2022: $10,006,933Expenses 2022: $6,991,452Net Income 2022: $3,015,4812022Revenue 2023: $8,698,843Expenses 2023: $8,377,370Net Income 2023: $321,4732023Revenue 2024: $9,030,501Expenses 2024: $12,601,251Net Income 2024: -$3,570,7502024

Highlighted filing

2021

Revenue$36,998,091
Expenses$4,744,386
Net Income$32,253,705
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Dec 8, 2021
Return Version
2020v4.1
Gross Receipts
$37,009,101
Mission and Program Overview

Mission

The winston-salem state university foundation, incorporated, (the "foundation") a non-profit corporation, solicits and collects contributions to provide scholarships and aid to students and faculty of winston-salem state university (the "university") and financial support for the educational programs of the university.

To provide financial support to the students and faculty of winston-salem state university

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$17,630,743$43,437,099▲ $25,806,356
Other Notes and Loans Receivable, Net$31,578,965$30,174,072▼ $1,404,893
Cash and Non-Interest-Bearing Accounts$6,322,192$19,674,054▲ $13,351,862
Savings and Temporary Cash Investments$5,920,785$6,236,212▲ $315,427
Land, Buildings, and Equipment, Net$1,258,206$1,283,539▲ $25,333
Pledges and Grants Receivable$453,200$172,058▼ $281,142
Accounts Receivable$12,286$12,258▼ $28
Prepaid Expenses and Deferred Charges$8,626$8,626→ $0
Total Assets$63,688,784$101,451,947▲ $37,763,163
Other Assets Total$503,781$454,029▼ $49,752
Liabilities
Tax Exempt Bond Liabilities$36,739,906$34,932,249▼ $1,807,657
Accounts Payable and Accrued Expenses$699,285$526,915▼ $172,370
Unsecured Notes Loans Payable$50,208$61,075▲ $10,867
Total Liabilities$37,489,399$35,520,239▼ $1,969,160
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,688,345$35,342,282▲ $32,653,937
Net Assets With Donor Restrictions$23,511,040$30,589,426▲ $7,078,386
Total Net Assets Fund Balance$26,199,385$65,931,708▲ $39,732,323
Total Liabilities and Net Assets / Fund Balance$63,688,784$101,451,947▲ $37,763,163

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,233,234-$1,233,234
Equipment$15,305$96,808$112,113
Other Land Buildings$35,000-$35,000
Other Securities$43,437,099--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$16,829,280$1,553,627▲ $6,640,061$258,393$24,764,575
2019$14,905,827$2,100,948▲ $375,863$553,358$16,829,280
2018$14,236,702$554,831▲ $1,147,707$1,033,413$14,905,827
2017$12,549,474$636,910▲ $1,477,064$426,746$14,236,702
2016$10,956,807$454,498▲ $1,325,677$187,508$12,549,474
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gordon SladeFinance Director-ex OfficioFT$134,621$10,373$144,994

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$33,527,059
Program Service Revenue
$333,256
Investment Income
$611,117
Other Revenue
$2,526,659
All Other Contributions
$33,476,851
Change in Net Assets
$32,253,705

Audited Revenue Reconciliation

Revenue per Audited Statements
$36,899,525
Revenue Not Reported on Financial Statements
$98,566
Revenue Not Reported on Form 990
$7,489,628
Total Revenue per Audited Statements
$44,389,153
Total Revenue per Form 990
$36,998,091
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,499,000
Grants and Similar Amounts Paid$934,477
Salaries, Compensation, and Employee Benefits$310,909
Total Fundraising Expense$530
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$1,609,350--$1,609,350
Grants to Domestic Orgs$934,477--$934,477
Other Salaries and Wages-$273,139-$273,139
Other Expenses$101,525$120,377$530$101,525
Fees for Service Investment Mgmnt Fees$98,566--$98,566
Depreciation Depletion$49,752$9,667-$59,419
Fees for Services Other-$56,746-$56,746
Office Expenses-$28,277-$28,277
Information Technology-$21,716-$21,716
Payroll Taxes-$20,372-$20,372
Fees for Services Accounting-$19,250-$19,250
Fees for Services Legal-$13,029-$13,029
Other Employee Benefits-$11,627-$11,627
All Other Expenses-$10,249-$10,249
Insurance-$7,295-$7,295
Pension Plan Contributions-$5,771-$5,771
Advertising$3,000$1,160-$4,160
Fees for Services Management-$110-$110
Total Functional Expenses$4,145,071$598,785$530$4,744,386

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,744,386
Total Expenses per Audited Statements$4,656,830
Expenses per Audited Statements$4,645,820
Expenses Not Reported on Financial Statements$98,566
Expenses Not Reported on Form 990$11,010
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Winston-salem State UniversityWinstonsalem, NCGovernmental EntityStudent Scholarships$934,477
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
BWinston-salem State University Housing Foundation LLC2014-08-12$27,990,000STUDENT HOUSING
AWinston-salem State University Housing Foundation LLC2016-09-08$13,235,000STUDENT HOUSING

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
B$27,990,000---
A$13,235,000---

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
Backup withholding compliance
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
Yes
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 B, Line 11B

The board is supplied an electronic copy of the 990 before it is filed.

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

At the beginning of each meeting the chair reads the following statement: "as chair of the board, it is my responsibility to remind all members of the board of their duty to avoid conflicts of interest and appearances of conflict of interest as defined in our conflict of interest policy and statement annual filing. Each member has received the agenda and related information for this meeting. If any board member knows of any conflict of interest or appearance of conflict with respect to any matter coming before the foundation board at this meeting, the conflict or appearance of conflict should be identified at this time." this statement and any identified conflicts are included in the meeting minutes.

Form 990, Part VI, Section C, Line 19

The organization makes it governing documents, conflict of interest policy, and financial statements available to the public on request. Documents may be viewed in the offices of the foundation.

Filing and Contact Details

Filer

Filer Name
Winston-salem State University
EIN
56-0989620
Phone
3367503005
Address
CAMPUS BOX 19537 NO 304, WINSTONSALEM, NC 27110

Signing Officer

Name
Latanya D Afolayan
Title
Executive Director
Phone
3367503005
Signed
2021-12-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Latanya D Afolayan
Formed
1970
Legal Domicile
Nc
Voting Board Members
25
Independent Board Members
25
Employees
39
Volunteers
32

Preparer

Firm
Butler Burke Llp
Address
100 CLUB OAKS COURT, WINSTONSALEM, NC 27104
Preparer
Jane R Potter
Phone
3367682310
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The oversight/selection process has not changed from the prior year.

Financial Statement Notes

PART V, LINE 4:

Endowment funds are established to support student scholarships, student and faculty development, and student services. Earnings on all endowed funds are disbursed based on written criteria established by our donors.

PART X, LINE 2:

The foundation is a not-for-profit organization and is exempt from income taxes under section 501(c)(3) of the internal revenue code. Accordingly, income tax expense is limited to activities that are deemed by the internal revenue service to be unrelated to their exempt purpose. The llc is considered to be a disregarded entity directly controlled by the foundation. The foundation's primary tax positions relate to its status as a not-for-profit entity exempt from income taxes and classification of activities related to its exempt purpose. It is the opinion of management that the foundation has no uncertain tax positions that would be subject to change upon examination. The foundation, inclusive of the llc, is required to file a federal exempt organization tax return (form 990) annually to retain its exempt status. The foundation is also required to file an exempt organization business income tax return (form 990-t) for any year gross unrelated business income exceeds $1,000. The foundation's form 990 filings are generally subject to examination by the internal revenue service for three years after they are filed.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Rental expense netted with revenue 11,010.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Rental expense netted with revenue 11,010.

Raw XML AppendixShowing 400 of 758 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.

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IRS990/Form990PartVIISectionAGrp/PersonNm1LATANYA D AFOLAYAN
IRS990/Form990PartVIISectionAGrp/PersonNm2ARTHUR MCCLEARIN
IRS990/Form990PartVIISectionAGrp/PersonNm3BARRY EISENBERG
IRS990/Form990PartVIISectionAGrp/PersonNm4DONNA OLDHAM
IRS990/Form990PartVIISectionAGrp/PersonNm5ELWOOD L ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm6ERIC SADLER
IRS990/Form990PartVIISectionAGrp/PersonNm7HAL KAPLAN
IRS990/Form990PartVIISectionAGrp/PersonNm8JAMES MCNEIL
IRS990/Form990PartVIISectionAGrp/PersonNm9MILTON RHODES
IRS990/Form990PartVIISectionAGrp/PersonNm10RAY OWEN
IRS990/Form990PartVIISectionAGrp/PersonNm11RICHARD GOTTLIEB
IRS990/Form990PartVIISectionAGrp/PersonNm12SHIRLEY DANNER SHOUSE
IRS990/Form990PartVIISectionAGrp/PersonNm13TERRY K GRIFFIN
IRS990/Form990PartVIISectionAGrp/PersonNm14TIMOTHY A GRANT
IRS990/Form990PartVIISectionAGrp/PersonNm15WILLIAM G BENTON
IRS990/Form990PartVIISectionAGrp/PersonNm16MARCUS COX
IRS990/Form990PartVIISectionAGrp/PersonNm17CRYSTAL THOMPKINS
IRS990/Form990PartVIISectionAGrp/PersonNm18BRIAN VANNOY
IRS990/Form990PartVIISectionAGrp/PersonNm19LYNNE WALKER
IRS990/Form990PartVIISectionAGrp/PersonNm20MO WRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm21SHARON JEFFRIES-JONES
IRS990/Form990PartVIISectionAGrp/PersonNm22TRES VANCE
IRS990/Form990PartVIISectionAGrp/PersonNm23BILL W MILLER JR
IRS990/Form990PartVIISectionAGrp/PersonNm24STEVE STRAWSBURG
IRS990/Form990PartVIISectionAGrp/PersonNm25TONY EBRON
IRS990/Form990PartVIISectionAGrp/PersonNm26W RANDY LOFTIS
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt260
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/TitleTxt0FINANCE DIRECTOR-EX OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt1EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt24VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt25TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt26SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01970
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0408496
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt025
IRS990/GovernmentGrantsAmt050208
IRS990/GrantAmt0934477
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0934477
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0934477
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0408496
IRS990/GrossReceiptsAmt037009101
IRS990/GrossRentsGrp/RealAmt02069974
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt025
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt021716
IRS990/InformationTechnologyGrp/TotalAmt021716
IRS990/InsuranceGrp/ManagementAndGeneralAmt07295
IRS990/InsuranceGrp/TotalAmt07295
IRS990/InterestGrp/ProgramServicesAmt01609350
IRS990/InterestGrp/TotalAmt01609350
IRS990/InvestmentIncomeGrp/ExclusionAmt0202621
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0202621
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt017630743
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt043437099
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt074
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt096808
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01258206
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01283539
IRS990/LandBldgEquipCostOrOtherBssAmt01380347
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LessRentalExpensesGrp/RealAmt011010
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE WINSTON-SALEM STATE UNIVERSITY FOUNDATION, INCORPORATED, (THE "FOUNDATION") A NON-PROFIT CORPORATION, SOLICITS AND COLLECTS CONTRIBUTIONS TO PROVIDE SCHOLARSHIPS AND AID TO STUDENTS AND FACULTY OF WINSTON-SALEM STATE UNIVERSITY (THE "UNIVERSITY") AND FINANCIAL SUPPORT FOR THE EDUCATIONAL PROGRAMS OF THE UNIVERSITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt026199385
IRS990/NetAssetsOrFundBalancesEOYAmt065931708
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0408496
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0408496
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt02058964
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt02058964
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt07478618
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02688345
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt035342282
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt014573
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt028277
IRS990/OfficeExpensesGrp/TotalAmt028277
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0503781
IRS990/OtherAssetsTotalGrp/EOYAmt0454029
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt011627
IRS990/OtherEmployeeBenefitsGrp/TotalAmt011627
IRS990/OtherExpensesGrp/Desc0SPECIAL PROGRAMS
IRS990/OtherExpensesGrp/Desc1ADMINISTRATION FEES
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS/OTHER
IRS990/OtherExpensesGrp/Desc3EQUIPMENT
IRS990/OtherExpensesGrp/FundraisingAmt0530
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0120377
IRS990/OtherExpensesGrp/ProgramServicesAmt01134585
IRS990/OtherExpensesGrp/ProgramServicesAmt1213816
IRS990/OtherExpensesGrp/ProgramServicesAmt2101525
IRS990/OtherExpensesGrp/TotalAmt01134585
IRS990/OtherExpensesGrp/TotalAmt1213816
IRS990/OtherExpensesGrp/TotalAmt2120907
IRS990/OtherExpensesGrp/TotalAmt3101525
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/Desc1ADMIN FEES-INVESTMENTS
IRS990/OtherRevenueMiscGrp/ExclusionAmt0253075
IRS990/OtherRevenueMiscGrp/ExclusionAmt1214620
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0253075
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1214620
IRS990/OtherRevenueTotalAmt0467695
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0273139
IRS990/OtherSalariesAndWagesGrp/TotalAmt0273139
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt031578965
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt030174072
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt020372
IRS990/PayrollTaxesGrp/TotalAmt020372
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05771
IRS990/PensionPlanContributionsGrp/TotalAmt05771
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0453200
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0172058
IRS990/PoliticalCampaignActyInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$97.9$27.2$70.7$9.03$12.6$3.57
2023Detailed filing. Detailed filing data is available for this year.$98.9$31.8$67.2$8.70$8.38$0.32
2022Detailed filing. Detailed filing data is available for this year.$100.0$33.6$66.4$10.0$6.99$3.02
2021Detailed filing. Detailed filing data is available for this year.$101$35.5$65.9$37.0$4.74$32.3
2020Summary only. Only limited summary data is available for this year.$63.7$37.5$26.2$6.94$4.77$2.17
2019Summary only. Only limited summary data is available for this year.$63.1$39.2$23.9$6.39$5.03$1.36
2018Summary only. Only limited summary data is available for this year.$62.5$40.8$21.8$6.30$4.62$1.68
2017Summary only. Only limited summary data is available for this year.$61.2$42.4$18.8$5.51$6.13$0.62
2016Summary only. Only limited summary data is available for this year.$63.0$44.9$18.1$5.11$6.40$1.28
2015Summary only. Only limited summary data is available for this year.$80.1$60.6$19.6$4.63$4.70$0.07
2014Summary only. Only limited summary data is available for this year.$79.6$60.8$18.8$5.36$5.57$0.20
2013Summary only. Only limited summary data is available for this year.$82.8$65.0$17.7$8.08$5.14$2.94
2012Summary only. Only limited summary data is available for this year.$63.3$49.4$13.9$5.58$4.95$0.63
2011Summary only. Only limited summary data is available for this year.$62.6$49.4$13.1$4.15$4.34$0.19