Civic Intelligence

Athens State University Foundation Inc.

990 • Fiscal year 2019 • EIN 63-0833253

Oct 01, 2018 to Sep 30, 2019 • Filed on Jul 06, 2020

Organization ProfileN/A
300 N Beaty StreetAthens, AL 35611

(256) 233-8215

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.29x

Higher debt load relative to assets than 63% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

89th percentile

2.03x

Higher debt load relative to revenue than 89% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

91st percentile

49%

Higher net margin than 91% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

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

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

92nd percentile

42%

Faster asset growth than 92% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

89th percentile

51%

Faster revenue growth than 89% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Up

$7,864,016

Up $2,316,699 (+42%) from 2018

Net Assets

Up

$5,607,391

Up $185,907 (+3.4%) from 2018

Liabilities

Up

$2,256,625

Up $2,130,792 (+1693%) from 2018

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin91st percentile

Revenue

Up

$1,109,871

Up $375,958 (+51%) from 2018

Expenses

Up

$561,118

Up $118,558 (+27%) from 2018

Net Income

Up

$548,753

Up $257,400 (+88%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

2019

Assets$7,864,016
Liabilities$2,256,625
Net Assets$5,607,391
Open 2019 Filing

Operations Trend

Revenue Growth89th percentile

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

2019

Revenue$1,109,871
Expenses$561,118
Net Income$548,753
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Jul 6, 2020
Return Version
2018v3.2
Gross Receipts
$1,310,280
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$3,885,767$4,271,684▲ $385,917
Investments Other Securities$923,012$937,477▲ $14,465
Savings and Temporary Cash Investments$502,426$403,590▼ $98,836
Pledges and Grants Receivable$17,000$51,768▲ $34,768
Prepaid Expenses and Deferred Charges$35,100$17,276▼ $17,824
Accounts Receivable$20,900$17,000▼ $3,900
Total Assets$5,547,317$7,864,016▲ $2,316,699
Other Assets Total$163,112$2,165,221▲ $2,002,109
Liabilities
Other Liabilities$20,188$1,992,336▲ $1,972,148
Accounts Payable and Accrued Expenses$1,800$171,002▲ $169,202
Deferred Revenue$103,845$93,287▼ $10,558
Total Liabilities$125,833$2,256,625▲ $2,130,792
Net Assets / Fund Balance
Permanently Rstr Net Assets$1,919,958$5,124,516▲ $3,204,558
Temporarily Rstr Net Assets$3,091,257$0▼ $3,091,257
Unrestricted Net Assets$410,269$482,875▲ $72,606
Total Net Assets Fund Balance$5,421,484$5,607,391▲ $185,907
Total Liabilities and Net Assets / Fund Balance$5,547,317$7,864,016▲ $2,316,699

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$7,871--
Other Securities$115,344--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$4,544,706$510,094▲ $323,540$123,069$5,255,271
2017$4,186,927$184,385▲ $240,870$67,476$4,544,706
2016$3,555,077$371,465▲ $299,448$39,063$4,186,927
Compensation and Service Providers
Top Officer Pay21st percentile

Board Members and Trustees

NameTitle
Naomi DuBoisPresident
Andy WhittMember
Betty Ruth-OliverMember
Bill HopkinsMember
Charles WoodroofMember
Donna ColemanMember
Dr Joe DelapMember
Dr Mike EssaryMember
Dr Philip WayMember
Fred Bickley IIIMember
Jerry EvansMember
Kathy GarrettMember
Linda BeasleyMember
Lisa PayneMember
Mark JacksonMember
Richard ChittamMember
Tim LovelaceMember
Tommy CoblentzMember
Dr Keith FergusonSecretary/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$704,946
Program Service Revenue
$0
Investment Income
$311,874
Other Revenue
$93,051
All Other Contributions
$704,946
Change in Net Assets
$548,753

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
Other Non Cash Contri Table2$80,790Cost to ASU
Other Non Cash Contri Table1$40,241Cost to ASU
Food Inventory1$2,535Store retail value
Total Noncash Contributions4$123,566-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,109,871
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$200,409
Total Revenue per Audited Statements
$1,310,280
Total Revenue per Form 990
$1,109,871
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$561,118
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$155,304$203,989-$155,304
Total Functional Expenses$357,129$203,989$0$561,118

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$761,527
Expenses per Audited Statements$561,118
Total Expenses per Form 990$561,118
Expenses Not Reported on Form 990$200,409
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 Gross Income$293,460
Fundraising Direct Expenses$200,409
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Tennessee Valley Fiddlers' Conventn$266,364$266,364$191,351$75,013
Alumni Golf Classic Tournament$25,371$25,371$9,058$16,313
Total Events$293,460$293,460$200,409$93,051
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Revenue - Long-term$1,992,336
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
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 11B

“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

Filer Name
Athens State University Foundation
EIN
63-0833253
Phone
2562338215
Address
300 N Beaty Street, Athens, AL 35611

Signing Officer

Name
Keith Ferguson
Title
Secretary/Treasurer
Phone
2562338215
Signed
2020-07-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Keith Ferguson
Formed
1981
Legal Domicile
Al
Voting Board Members
19
Independent Board Members
19
Employees
0
Volunteers
0

Preparer

Firm
CDPApc
Address
PO Box 929, Athens, AL 35612
Preparer
Wm Frederick Pepper
Phone
2562322260
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Assets transferred to Alabama Center for the Arts joint venture -362846.”

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 III, Line 1A:

“Donated artifacts and collectibles are recorded at cost if purchases or, if donated, at estimated fair value at the time of donation. The Foundation does not recognize depreciation on artifacts and collectibles.”

Part III, Line 4:

“Donated artifacts and collectibles are used to further the Foundation's purpose: the betterment and support of Athens State University..”

Part V, Line 4:

“Earnings on endowed funds are used to further the Foundation's purpose: the betterment and support of Athens State University.”

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) $200,409 Schedule D, Part XII, Line 2.d. - Expenses related to special events (net against revenue) $200,409”

Form 990, Part IV, Line 11.F.

“The Organization is exempt from Federal income taxes under Section 501(c)(3) of the Internal Revene Code, except on net income derived from unrelated business activities. The Organization had no unrelated business activities that are subject to income taxes. The Organization's Federal Returns of an Organization Exempt From Income Tax for 2016, 2017, and 2018 are subject to examination by the Internal Revenue Service, generally for three years after they are filed.”

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IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt0200409
IRS990/FundraisingGrossIncomeAmt0293460
IRS990/GainOrLossGrp/SecuritiesAmt0202603
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt019
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0202603
IRS990/GrossReceiptsAmt01310280
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt019
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0109271
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0109271
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0923012
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0937477
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03885767
IRS990/InvestmentsPubTradedSecGrp/EOYAmt04271684
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0AL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
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/NetAssetsOrFundBalancesBOYAmt05421484
IRS990/NetAssetsOrFundBalancesEOYAmt05607391
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0202603
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0202603
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt093051
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt093051
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0123566
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0163112
IRS990/OtherAssetsTotalGrp/EOYAmt02165221
IRS990/OtherChangesInNetAssetsAmt0-362846
IRS990/OtherExpensesGrp/Desc0Management & General Ex
IRS990/OtherExpensesGrp/Desc1University Support & St
IRS990/OtherExpensesGrp/Desc2Educational Materials,
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0203989
IRS990/OtherExpensesGrp/ProgramServicesAmt0201825
IRS990/OtherExpensesGrp/ProgramServicesAmt1155304
IRS990/OtherExpensesGrp/TotalAmt0203989
IRS990/OtherExpensesGrp/TotalAmt1201825
IRS990/OtherExpensesGrp/TotalAmt2155304
IRS990/OtherLiabilitiesGrp/BOYAmt020188
IRS990/OtherLiabilitiesGrp/EOYAmt01992336
IRS990/PartialLiquidationInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01919958
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt05124516
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt017000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt051768
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt035100
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt017276
IRS990/PrincipalOfficerNm0Keith Ferguson
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0The Foundation sponsors the University's clubs and divisions for various curricula and additional classroom facilities.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0155304
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0429631
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0206483
IRS990/PYOtherExpensesAmt0442560
IRS990/PYOtherRevenueAmt097799
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0291353
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0442560
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0733913
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0548753
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0502426
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0403590
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0704946
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0429631
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0825364
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0448848
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0885976
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03294765
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0109271
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0100590
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt098812
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt090938
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt079600
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0479211
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01100148
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0202603
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0105893
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0203514
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0303675
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0168750
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0984435
IRS990ScheduleA/PublicSupportCY170Pct00.69240
IRS990ScheduleA/PublicSupportPY170Pct00.69980
IRS990ScheduleA/PublicSupportTotal170Amt03294765
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0704946
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0429631
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0825364
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0448848
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0885976
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03294765
IRS990ScheduleA/TotalSupportAmt04758411
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/ArtPublicExhibitionAmountsGrp/AssetsIncludedAmt03427
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/RevenuesIncludedAmt03427
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CollUsedScholarlyRsrchInd0X
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt04544706
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0510094
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt05255271
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0323540
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0123069
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt04186927
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0184385
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt04544706
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0240870
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt067476
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt03555077
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0371465
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt04186927
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0299448
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt039063
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/ExpensesNotReportedAmt0200409
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0561118
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03427
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt110000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt22143923
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt37871
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Donated Items
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Accounts Receivable - Non-current
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Pledges Receivable - Non-current
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Contributions Receivable - Non-current
IRS990ScheduleD/OtherExpensesIncludedAmt0200409
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01992336
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Deferred Revenue - Long-term
IRS990ScheduleD/OtherRevenueAmt0200409
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0822133
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1115344
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Certificates of Deposit
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Restricted Cash
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/RevenueNotReportedAmt0200409
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01109871
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Donated artifacts and collectibles are recorded at cost if purchases or, if donated, at estimated fair value at the time of donation. The Foundation does not recognize depreciation on artifacts and collectibles.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Donated artifacts and collectibles are used to further the Foundation's purpose: the betterment and support of Athens State University..
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Earnings on endowed funds are used to further the Foundation's purpose: the betterment and support of Athens State University.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3Expenses related to special events (net against revenue)
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4Expenses related to special events (net against revenue)
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt5Schedule D, Part XI, Line 2.d. - Expenses related to special events (net against revenue) $200,409 Schedule D, Part XII, Line 2.d. - Expenses related to special events (net against revenue) $200,409

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,864,016
Liabilities
$2,256,625
Net assets
$5,607,391
Revenue
$1,109,871
Expenses
$561,118
Net income
$548,753
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
2019Detailed filing. Detailed filing data is available for this year.$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