Civic Intelligence

Athens State University Foundation Inc.

990 • Fiscal year 2013 • EIN 63-0833253

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 14, 2014

PO Box 7035612

(256) 233-8215

Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

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

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

15th percentile

0.00x

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

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

87th percentile

40%

Higher net margin than 87% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

71st percentile

10%

Faster asset growth than 71% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

82nd percentile

34%

Faster revenue growth than 82% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Assets

Up

$3,764,214

Up $349,837 (+10%) from 2012

Net Assets

Up

$3,764,214

Up $349,837 (+10%) from 2012

Liabilities

Flat

$0

Flat from 2012

Revenue

Up

$874,637

Up $220,070 (+34%) from 2012

Expenses

Up

$524,800

Up $241,805 (+85%) from 2012

Net Income

Down

$349,837

Down $21,735 (-5.8%) from 2012

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $2,743,269Liabilities 2010: $0Net Assets 2010: $2,743,2692010Assets 2011: $3,042,805Liabilities 2011: $0Net Assets 2011: $3,042,8052011Assets 2012: $3,414,377Liabilities 2012: $0Net Assets 2012: $3,414,3772012Assets 2013: $3,764,214Liabilities 2013: $0Net Assets 2013: $3,764,2142013Assets 2014: $4,377,848Liabilities 2014: $0Net Assets 2014: $4,377,8482014Assets 2015: $4,142,260Liabilities 2015: $0Net Assets 2015: $4,142,2602015Assets 2016: $4,226,823Liabilities 2016: $0Net Assets 2016: $4,226,8232016Assets 2017: $5,163,655Liabilities 2017: $33,524Net Assets 2017: $5,130,1312017Assets 2018: $5,547,317Liabilities 2018: $125,833Net Assets 2018: $5,421,4842018Assets 2019: $7,864,016Liabilities 2019: $2,256,625Net Assets 2019: $5,607,3912019Assets 2020: $6,283,827Liabilities 2020: $158,141Net Assets 2020: $6,125,6862020Assets 2021: $7,111,397Liabilities 2021: $67,067Net Assets 2021: $7,044,3302021Assets 2022: $7,010,036Liabilities 2022: $167,895Net Assets 2022: $6,842,1412022Assets 2023: $7,826,754Liabilities 2023: $178,756Net Assets 2023: $7,647,9982023Assets 2024: $9,185,676Liabilities 2024: $101,243Net Assets 2024: $9,084,4332024

Highlighted filing

2013

Assets$3,764,214
Liabilities$0
Net Assets$3,764,214

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $199,1602010Expenses 2011: $237,5522011Revenue 2012: $654,567Expenses 2012: $282,995Net Income 2012: $371,5722012Revenue 2013: $874,637Expenses 2013: $524,800Net Income 2013: $349,8372013Revenue 2014: $1,136,672Expenses 2014: $523,038Net Income 2014: $613,6342014Revenue 2015: $22,495Expenses 2015: $258,083Net Income 2015: -$235,5882015Revenue 2016: $849,148Expenses 2016: $764,585Net Income 2016: $84,5632016Revenue 2017: $1,295,986Expenses 2017: $581,432Net Income 2017: $714,5542017Revenue 2018: $733,913Expenses 2018: $442,560Net Income 2018: $291,3532018Revenue 2019: $1,109,871Expenses 2019: $561,118Net Income 2019: $548,7532019Revenue 2020: $991,624Expenses 2020: $549,646Net Income 2020: $441,9782020Revenue 2021: $779,781Expenses 2021: $479,431Net Income 2021: $300,3502021Revenue 2022: $928,220Expenses 2022: $632,278Net Income 2022: $295,9422022Revenue 2023: $1,183,015Expenses 2023: $594,097Net Income 2023: $588,9182023Revenue 2024: $1,119,063Expenses 2024: $576,106Net Income 2024: $542,9572024

Highlighted filing

2013

Revenue$874,637
Expenses$524,800
Net Income$349,837
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 14, 2014
Return Version
2013v3.0
Gross Receipts
$1,647,375
Mission and Program Overview

Mission

The Foundation promotes the University to the surrounding community, works to build a strong alumni group, and helps secure funding for the scholarships.

To provide support for Athens State University.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,365,949$2,777,918▲ $411,969
Savings and Temporary Cash Investments$1,048,428$986,296▼ $62,132
Total Assets$3,414,377$3,764,214▲ $349,837
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Permanently Rstr Net Assets$1,942,254$2,023,691▲ $81,437
Temporarily Rstr Net Assets$1,360,616$1,607,030▲ $246,414
Unrestricted Net Assets$111,507$133,493▲ $21,986
Total Net Assets Fund Balance$3,414,377$3,764,214▲ $349,837
Total Liabilities and Net Assets / Fund Balance$3,414,377$3,764,214▲ $349,837
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$715,507
Program Service Revenue
$0
Investment Income
$266,130
Other Revenue
$-107,000
All Other Contributions
$715,507
Change in Net Assets
$349,837

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Books and Publications-$15,000Fair Market Value
Securities Publicly Traded75$8,434Fair Market Value
Works of Art1$5,875Fair Market Value
Food Inventory100$960Fair Market Value
Total Noncash Contributions176$30,269-

Audited Revenue Reconciliation

Revenue per Audited Statements
$874,637
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$278,142
Total Revenue per Audited Statements
$1,152,779
Total Revenue per Form 990
$874,637
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$524,800
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
Other Expenses$138,405$48,828-$48,828
Total Functional Expenses$475,972$48,828$0$524,800

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$802,942
Expenses per Audited Statements$524,800
Total Expenses per Form 990$524,800
Expenses Not Reported on Form 990$278,142
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$278,142
Fundraising Gross Income$171,142
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$171,142$171,142$278,142$-107,000
Total Events$171,142$171,142$278,142$-107,000
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section B, line 11

The governing body is provided a copy of Form 990 to review either at one of its regularly scheduled meetings or, if necessary, a specially called meeting.

Form 990, Part VI, Section C, line 19

The organization makes available upon request its governing documents, conflict of interest policy, and financial statements.

Filing and Contact Details

Filer

EIN
63-0833253
Phone
2562338215

Signing Officer

Name
Richard Mould
Title
Secretary/Treasurer
Phone
2562322260
Signed
2014-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Mould
Formed
1981
Legal Domicile
Al
Voting Board Members
30
Independent Board Members
30
Employees
0
Volunteers
0

Preparer

Preparer
Wm Frederick Pepper
Phone
2562322260
Supplemental Narrative

Additional Explanations

Part XII, Line 2.C.

The Board of Directors assumes responsibility for oversight of the annual audit and this process has not changed from the previous fiscal year.

Financial Statement Notes

Part XI, Line 2D - Other Adjustments:

Expenses related to special events (net against revenue)

Part XII, Line 2D - Other Adjustments:

Expenses related to special events (net against revenue)

Schedule D, Part XI, Line 2.D, & Part XII, Line 2.D.

Schedule D, Part XI, Line 2.d. - Expenses related to special events (net against revenue) $278,142 Schedule D, Part XII, Line 2.d. - Expenses related to special events (net against revenue) $278,142

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IRS990/Form990PartVIISectionAGrp/TitleTxt0Secretary/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt1Past President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Past President
IRS990/Form990PartVIISectionAGrp/TitleTxt5President
IRS990/Form990PartVIISectionAGrp/TitleTxt6Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Ex-officio Member
IRS990/Form990PartVIISectionAGrp/TitleTxt11Member
IRS990/Form990PartVIISectionAGrp/TitleTxt12Member
IRS990/Form990PartVIISectionAGrp/TitleTxt13Past President
IRS990/Form990PartVIISectionAGrp/TitleTxt14Member
IRS990/Form990PartVIISectionAGrp/TitleTxt15Member
IRS990/Form990PartVIISectionAGrp/TitleTxt16Member
IRS990/Form990PartVIISectionAGrp/TitleTxt17Member
IRS990/Form990PartVIISectionAGrp/TitleTxt18Member
IRS990/Form990PartVIISectionAGrp/TitleTxt19Member
IRS990/Form990PartVIISectionAGrp/TitleTxt20Member
IRS990/Form990PartVIISectionAGrp/TitleTxt21Member
IRS990/Form990PartVIISectionAGrp/TitleTxt22Member
IRS990/Form990PartVIISectionAGrp/TitleTxt23Member
IRS990/Form990PartVIISectionAGrp/TitleTxt24Member
IRS990/Form990PartVIISectionAGrp/TitleTxt25Member
IRS990/Form990PartVIISectionAGrp/TitleTxt26Member
IRS990/Form990PartVIISectionAGrp/TitleTxt27Member
IRS990/Form990PartVIISectionAGrp/TitleTxt28Member
IRS990/Form990PartVIISectionAGrp/TitleTxt29Member
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01981
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt0278142
IRS990/FundraisingGrossIncomeAmt0171142
IRS990/GainOrLossGrp/SecuritiesAmt0198789
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt030
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0693385
IRS990/GrossReceiptsAmt01647375
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt030
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt067341
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt067341
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02365949
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02777918
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0AL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0494596
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The Foundation promotes the University to the surrounding community, works to build a strong alumni group, and helps secure funding for the scholarships.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03414377
IRS990/NetAssetsOrFundBalancesEOYAmt03764214
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0198789
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0198789
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-107000
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-107000
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt030269
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Educations Seminars & M
IRS990/OtherExpensesGrp/Desc1Student Scholarships
IRS990/OtherExpensesGrp/Desc2Miscellaneous Administr
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt048828
IRS990/OtherExpensesGrp/ProgramServicesAmt0337567
IRS990/OtherExpensesGrp/ProgramServicesAmt1138405
IRS990/OtherExpensesGrp/TotalAmt0337567
IRS990/OtherExpensesGrp/TotalAmt1138405
IRS990/OtherExpensesGrp/TotalAmt248828
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01942254
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt02023691
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Richard Mould
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0The Foundation sponsors the University's clubs and divisions for various curricula and additional classroom facilities.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0337567
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0461611
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0184094
IRS990/PYOtherExpensesAmt0282995
IRS990/PYOtherRevenueAmt08862
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0371572
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0282995
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0654567
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0349837
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01048428
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0986296
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0715507
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0461611
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0493722
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0262104
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0330341
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02263285
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt067341
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt036748
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt039252
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt046700
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt052051
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0242092
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0153130
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0198789
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0147346
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0-22077
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0164751
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0213147
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0701956
IRS990ScheduleA/PublicSupportCY170Pct00.70570
IRS990ScheduleA/PublicSupportPY170Pct00.71870
IRS990ScheduleA/PublicSupportTotal170Amt02263285
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0715507

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.$9.19$0.10$9.08$1.12$0.58$0.54
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.83$0.18$7.65$1.18$0.59$0.59
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.01$0.17$6.84$0.93$0.63$0.30
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.11$0.07$7.04$0.78$0.48$0.30
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.28$0.16$6.13$0.99$0.55$0.44
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.86$2.26$5.61$1.11$0.56$0.55
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.55$0.13$5.42$0.73$0.44$0.29
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.16$0.03$5.13$1.30$0.58$0.71
2016Detailed filing. Detailed filing data is available for this year.$4.23$0.00$4.23$0.85$0.76$0.08
2015Summary only. Only limited summary data is available for this year.$4.14$0.00$4.14$0.02$0.26$0.24
2014Detailed filing. Detailed filing data is available for this year.$4.38$0.00$4.38$1.14$0.52$0.61
2013Detailed filing. Detailed filing data is available for this year.$3.76$0.00$3.76$0.87$0.52$0.35
2012Summary only. Only limited summary data is available for this year.$3.41$0.00$3.41$0.65$0.28$0.37
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.04$0.00$3.04$0.24
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.74$0.00$2.74$0.20