Civic Intelligence

Fayetteville State University Development Corporation

990 • Fiscal year 2020 • EIN 56-2144768

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 16, 2020

Organization ProfileN/A
1200 Murchison RoadFayetteville, NC 28301

(910) 672-1084

Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

Higher debt load relative to assets than 12% of similar nonprofits.

2020 filings • NTEE S • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

22nd percentile

0.05x

Higher debt load relative to revenue than 22% of similar nonprofits.

2020 filings • NTEE S • $1M-$5M nonprofits • Source year 2020

Net Margin

94th percentile

72%

Higher net margin than 94% of similar nonprofits.

2020 filings • NTEE S • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

33rd percentile

$0

Higher top officer pay than 33% of similar nonprofits.

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

2020 filings • NTEE S • $1M-$5M nonprofits • Source year 2020

Asset Growth

48th percentile

4.6%

Faster asset growth than 48% of similar nonprofits.

2020 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

34th percentile

-13%

Faster revenue growth than 34% of similar nonprofits.

2020 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets12th percentile

Assets

Up

$1,593,193

Up $70,787 (+4.6%) from 2019

Net Assets

Up

$1,587,310

Up $84,402 (+5.6%) from 2019

Liabilities

Down

$5,883

Down $13,615 (-70%) from 2019

Revenue And Expenses
Liabilities / Revenue22nd percentileNet Margin94th percentile

Revenue

Down

$116,875

Down $17,824 (-13%) from 2019

Expenses

Down

$32,473

Down $21,980 (-40%) from 2019

Net Income

Up

$84,402

Up $4,156 (+5.2%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth48th percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,144,652Liabilities 2011: $84,498Net Assets 2011: $1,060,1542011Assets 2012: $1,168,669Liabilities 2012: $78,537Net Assets 2012: $1,090,1322012Assets 2013: $1,218,068Liabilities 2013: $70,633Net Assets 2013: $1,147,4352013Assets 2014: $1,275,579Liabilities 2014: $61,190Net Assets 2014: $1,214,3892014Assets 2015: $1,345,296Liabilities 2015: $54,997Net Assets 2015: $1,290,2992015Assets 2016: $1,358,413Liabilities 2016: $43,277Net Assets 2016: $1,315,1362016Assets 2017: $1,397,363Liabilities 2017: $37,602Net Assets 2017: $1,359,7612017Assets 2018: $1,448,219Liabilities 2018: $25,557Net Assets 2018: $1,422,6622018Assets 2019: $1,522,406Liabilities 2019: $19,498Net Assets 2019: $1,502,9082019Assets 2020: $1,593,193Liabilities 2020: $5,883Net Assets 2020: $1,587,3102020Assets 2021: $1,689,724Liabilities 2021: $0Net Assets 2021: $1,689,7242021Assets 2022: $1,870,709Liabilities 2022: $0Net Assets 2022: $1,870,7092022Assets 2023: $2,059,687Liabilities 2023: $0Net Assets 2023: $2,059,6872023Assets 2024: $1,548,348Liabilities 2024: $0Net Assets 2024: $1,548,3482024

Highlighted filing

2020

Assets$1,593,193
Liabilities$5,883
Net Assets$1,587,310
Open 2020 Filing

Operations Trend

Revenue Growth34th percentile

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

$500K$0-$500K-$1.0MRevenue 2011: $128,960Expenses 2011: $59,213Net Income 2011: $69,7472011Expenses 2012: $61,4652012Expenses 2013: $55,8022013Revenue 2014: $117,995Expenses 2014: $51,041Net Income 2014: $66,9542014Revenue 2015: $127,231Expenses 2015: $51,321Net Income 2015: $75,9102015Revenue 2016: $68,731Expenses 2016: $43,894Net Income 2016: $24,8372016Revenue 2017: $87,432Expenses 2017: $42,807Net Income 2017: $44,6252017Revenue 2018: $95,194Expenses 2018: $32,293Net Income 2018: $62,9012018Revenue 2019: $134,699Expenses 2019: $54,453Net Income 2019: $80,2462019Revenue 2020: $116,875Expenses 2020: $32,473Net Income 2020: $84,4022020Revenue 2021: $123,995Expenses 2021: $21,581Net Income 2021: $102,4142021Revenue 2022: $217,649Expenses 2022: $36,665Net Income 2022: $180,9842022Revenue 2023: $279,813Expenses 2023: $90,835Net Income 2023: $188,9782023Revenue 2024: -$64,983Expenses 2024: $446,355Net Income 2024: -$511,3382024

Highlighted filing

2020

Revenue$116,875
Expenses$32,473
Net Income$84,402
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 16, 2020
Return Version
2019v5.0
Gross Receipts
$116,875
Mission and Program Overview

Mission

Business development using business incubator for area surrounding fsu campus.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$436,624$422,369▼ $14,255
Cash and Non-Interest-Bearing Accounts$8,756$7,613▼ $1,143
Total Assets$1,522,406$1,593,193▲ $70,787
Other Assets Total$1,077,026$1,163,211▲ $86,185
Liabilities
Other Liabilities$19,498$5,883▼ $13,615
Total Liabilities$19,498$5,883▼ $13,615
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,502,908$1,587,310▲ $84,402
Total Net Assets Fund Balance$1,502,908$1,587,310▲ $84,402
Total Liabilities and Net Assets / Fund Balance$1,522,406$1,593,193▲ $70,787

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$281,486$248,482$529,968
Land$140,549-$140,549
Equipment$334$27,445$27,779
Other Assets Org$1,163,211--
Compensation and Service Providers
Top Officer Pay33rd percentile

Board Members and Trustees

NameTitle
Ulysses TaylorChair
Carrie SuttonVice Chairpe
Carlton SpellmanDirector
Peggy ValentineDirector
Wesley FountainExecutive Di
Del MattioliSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$30,690
Investment Income
$6,803
Other Revenue
$79,382
Change in Net Assets
$84,402

Audited Revenue Reconciliation

Revenue per Audited Statements
$116,875
Total Revenue per Audited Statements
$116,875
Total Revenue per Form 990
$116,875
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$32,473
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$11,405$2,850-$14,255
Fees for Services Other$4,191--$4,191
Fees for Services Accounting-$3,750-$3,750
Insurance$1,011$253-$1,264
Other Expenses$-98$-24-$-122
Total Functional Expenses$23,817$8,656$0$32,473

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$32,473
Total Expenses per Audited Statements$32,473
Total Expenses per Form 990$32,473
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

Other Reported Liabilities

LiabilityAmount
Notes Payable$5,883
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Form 990 is provided and reviewed by the board of directors prior to filing.”

Form 990, Page 6, Part VI, Line 15A

“N/a; entity has no employees.”

Form 990, Page 6, Part VI, Line 15B

“N/a; entity has no employees”

Form 990, Page 6, Part VI, Line 19

“UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Fayetteville State University
EIN
56-2144768
Address
1200 MURCHISON ROAD, FAYETTEVILLE, NC 28301

Signing Officer

Name
Ulysses Taylor
Title
Chair
Signed
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ulysses Taylor
Formed
1999
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Sharpe Patel CPA
Address
2459 WILKINSON BLVD SUITE 310, CHARLOTTE, NC 28208
Preparer
Megan a Rushford CPA
Phone
7044885372
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

“Volunteers engage in business development using business incubator for area surrounding fsu campus.”

Form 990, Page 2, Part III, Line 4D

“Business development using business incubator for area surrounding fsu campus.”

Form 990, Part IX, Line 11G

“OTHER SERVICES 4,191 0 0”

Raw XML Appendix343 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0BUSINESS DEVELOPMENT USING BUSINESS INCUBATOR FOR AREA SURROUNDING FSU CAMPUS.
IRS990/AddressChangeInd0X
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0FAYETTEVILLE STATE UNIVERSITY
IRS990/BooksInCareOfDetail/PhoneNum09106721084
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01200 MURCHISON ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0FAYETTEVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0283014252
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt08756
IRS990/CashNonInterestBearingGrp/EOYAmt07613
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt06803
IRS990/CYOtherExpensesAmt032473
IRS990/CYOtherRevenueAmt079382
IRS990/CYProgramServiceRevenueAmt030690
IRS990/CYRevenuesLessExpensesAmt084402
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt032473
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0116875
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt02850
IRS990/DepreciationDepletionGrp/ProgramServicesAmt011405
IRS990/DepreciationDepletionGrp/TotalAmt014255
IRS990/Desc0THE ORGANIZATION STRIVES TO PROMOTE BUSINESS DEVELOPMENT USING BUSINESS INCUBATOR FOR AREA SURROUNDING THE FAYETTEVILLE STATE UNIVERSITY CAMPUS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt023817
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03750
IRS990/FeesForServicesAccountingGrp/TotalAmt03750
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt04191
IRS990/FeesForServicesOtherGrp/TotalAmt04191
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0DEL MATTIOLI
IRS990/Form990PartVIISectionAGrp/PersonNm1CARLTON SPELLMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2CARRIE SUTTON
IRS990/Form990PartVIISectionAGrp/PersonNm3ULYSSES TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm4PEGGY VALENTINE
IRS990/Form990PartVIISectionAGrp/PersonNm5WESLEY FOUNTAIN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIRPE
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0116875
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0253
IRS990/InsuranceGrp/ProgramServicesAmt01011
IRS990/InsuranceGrp/TotalAmt01264
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt06803
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06803
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0275927
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0436624
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0422369
IRS990/LandBldgEquipCostOrOtherBssAmt0698296
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0BUSINESS DEVELOPMENT USING BUSINESS INCUBATOR FOR AREA SURROUNDING FSU CAMPUS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01502908
IRS990/NetAssetsOrFundBalancesEOYAmt01587310
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01502908
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01587310
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01077026
IRS990/OtherAssetsTotalGrp/EOYAmt01163211
IRS990/OtherExpensesGrp/Desc0TAXES
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01827
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1-24
IRS990/OtherExpensesGrp/ProgramServicesAmt07308
IRS990/OtherExpensesGrp/ProgramServicesAmt1-98
IRS990/OtherExpensesGrp/TotalAmt09135
IRS990/OtherExpensesGrp/TotalAmt1-122
IRS990/OtherLiabilitiesGrp/BOYAmt019498
IRS990/OtherLiabilitiesGrp/EOYAmt05883
IRS990/OtherRevenueMiscGrp/Desc0NET INCOME FROM PARTNERSHIP
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt079382
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt079382
IRS990/OtherRevenueTotalAmt079382
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ULYSSES TAYLOR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0BUILDING RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt030690
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt030690
IRS990/ProgSrvcAccomActyOtherGrp/Desc0BUSINESS DEVELOPMENT USING BUSINESS INCUBATOR FOR AREA SURROUNDING FSU CAMPUS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt030690
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02576
IRS990/PYOtherExpensesAmt054453
IRS990/PYOtherRevenueAmt0101433
IRS990/PYRevenuesLessExpensesAmt080246
IRS990/PYTotalExpensesAmt054453
IRS990/PYTotalRevenueAmt0134699
IRS990/ReconcilationRevenueExpnssAmt084402
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0331,132
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt030690
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05580
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01660
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02127
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt040057
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02576
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03724
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03587
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt09887
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0220884
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0101433
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt089614
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt082048
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt058037
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0331132
IRS990ScheduleA/PrivateFoundation170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.10510
IRS990ScheduleA/PublicSupportPY170Pct00.19910
IRS990ScheduleA/PublicSupportTotal170Amt040057
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt030690
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt05580
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01660
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02127
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt040057
IRS990ScheduleA/TotalSupportAmt0381076
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0334
IRS990ScheduleD/EquipmentGrp/DepreciationAmt027445
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt027779
IRS990ScheduleD/ExpensesSubtotalAmt032473
IRS990ScheduleD/LandGrp/BookValueAmt0140549
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0140549
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01163211
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INVESTMENT IN PARTNERSHIP
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0281486
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0248482
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0529968
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05883
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NOTES PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt0116875
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0422369
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01163211
IRS990ScheduleD/TotalExpensesPerForm990Amt032473
IRS990ScheduleD/TotalLiabilityAmt05883
IRS990ScheduleD/TotalRevenuePerForm990Amt0116875
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0116875
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt032473
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS ENGAGE IN BUSINESS DEVELOPMENT USING BUSINESS INCUBATOR FOR AREA SURROUNDING FSU CAMPUS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BUSINESS DEVELOPMENT USING BUSINESS INCUBATOR FOR AREA SURROUNDING FSU CAMPUS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS PROVIDED AND REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3N/A; ENTITY HAS NO EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4N/A; ENTITY HAS NO EMPLOYEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OTHER SERVICES 4,191 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01522406
IRS990/TotalAssetsEOYAmt01593193
IRS990/TotalAssetsGrp/BOYAmt01522406
IRS990/TotalAssetsGrp/EOYAmt01593193
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08656
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt023817
IRS990/TotalFunctionalExpensesGrp/TotalAmt032473
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt019498
IRS990/TotalLiabilitiesEOYAmt05883
IRS990/TotalLiabilitiesGrp/BOYAmt019498
IRS990/TotalLiabilitiesGrp/EOYAmt05883
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01502908
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01587310
IRS990/TotalProgramServiceExpensesAmt023817
IRS990/TotalProgramServiceRevenueAmt030690
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0116875
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0116875
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01522406
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01593193
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ULYSSES TAYLOR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FAYETTEVILLE STATE UNIVERSITY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT CORP
ReturnHeader/Filer/BusinessNameControlTxt0FAYE
ReturnHeader/Filer/EIN0562144768
ReturnHeader/Filer/USAddress/AddressLine1Txt01200 MURCHISON ROAD
ReturnHeader/Filer/USAddress/CityNm0FAYETTEVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028301
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0E720EDDBFEF3F7B5A7B50F03793C43ECA7CA8A75
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06FE4C6E7513B56565163ED9F26BB61032E086E46
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt066.77.128.118
ReturnHeader/FilingSecurityInformation/IPDt02020-11-17
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm016:30:19
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0844233121
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SHARPE PATEL CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02459 WILKINSON BLVD SUITE 310
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLOTTE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028208
ReturnHeader/PreparerPersonGrp/PhoneNum07044885372
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MEGAN A RUSHFORD CPA
ReturnHeader/ReturnTs02020-11-17T16:30:19-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,593,193
Liabilities
$5,883
Net assets
$1,587,310
Revenue
$116,875
Expenses
$32,473
Net income
$84,402
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.55$0.00$1.55$0.06$0.45$0.51
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.06$0.00$2.06$0.28$0.09$0.19
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.87$0.00$1.87$0.22$0.04$0.18
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.69$0.00$1.69$0.12$0.02$0.10
2020Detailed filing. Detailed filing data is available for this year.$1.59$0.01$1.59$0.12$0.03$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.52$0.02$1.50$0.13$0.05$0.08
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$0.03$1.42$0.10$0.03$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.40$0.04$1.36$0.09$0.04$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.36$0.04$1.32$0.07$0.04$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.35$0.05$1.29$0.13$0.05$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.28$0.06$1.21$0.12$0.05$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.07$1.15$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.08$1.09$0.06
2011Summary only. Only limited summary data is available for this year.$1.14$0.08$1.06$0.13$0.06$0.07
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • $1M-$5M nonprofits