Civic Intelligence

Alabama State University Foundation Inc.

990 • Fiscal year 2023 • EIN 63-6067745

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 16, 2024

Organization ProfileN/A
PO Box 1046Montgomery, AL 36101

(334) 229-4772

Siviq Scores

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

Liabilities / Assets

14th percentile

0.01x

Higher debt load relative to assets than 14% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

9th percentile

0.01x

Higher debt load relative to revenue than 9% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

70th percentile

14%

Higher net margin than 70% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

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

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

65th percentile

12%

Faster asset growth than 65% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

80th percentile

29%

Faster revenue growth than 80% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$11,609,670

Up $1,218,199 (+12%) from 2022

Net Assets

Up

$11,520,169

Up $1,283,946 (+13%) from 2022

Liabilities

Down

$89,501

Down $65,747 (-42%) from 2022

Revenue And Expenses
Liabilities / Revenue9th percentileNet Margin70th percentile

Revenue

Up

$8,538,077

Up $1,909,887 (+29%) from 2022

Expenses

Up

$7,316,995

Up $2,564,418 (+54%) from 2022

Net Income

Down

$1,221,082

Down $654,531 (-35%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth65th percentile

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

$15M$10M$5.0M$0Assets 2010: $1,736,380Liabilities 2010: $0Net Assets 2010: $1,736,3802010Assets 2011: $1,594,639Liabilities 2011: $0Net Assets 2011: $1,594,6392011Assets 2012: $1,741,682Liabilities 2012: $0Net Assets 2012: $1,741,6822012Assets 2013: $1,814,177Liabilities 2013: $0Net Assets 2013: $1,814,1772013Assets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014Assets 2015: $2,554,335Liabilities 2015: $871,468Net Assets 2015: $1,682,8672015Assets 2016: $2,910,608Liabilities 2016: $16,376Net Assets 2016: $2,894,2322016Assets 2017: $3,160,185Liabilities 2017: $6,120Net Assets 2017: $3,154,0652017Assets 2018: $3,662,802Liabilities 2018: $26,243Net Assets 2018: $3,636,5592018Assets 2019: $4,972,804Liabilities 2019: $6,119Net Assets 2019: $4,966,6852019Assets 2020: $6,495,611Liabilities 2020: $6,119Net Assets 2020: $6,489,4922020Assets 2021: $9,048,148Liabilities 2021: $180,256Net Assets 2021: $8,867,8922021Assets 2022: $10,391,471Liabilities 2022: $155,248Net Assets 2022: $10,236,2232022Assets 2023: $11,609,670Liabilities 2023: $89,501Net Assets 2023: $11,520,1692023Assets 2024: $12,894,138Liabilities 2024: $9,457Net Assets 2024: $12,884,6812024

Highlighted filing

2023

Assets$11,609,670
Liabilities$89,501
Net Assets$11,520,169
Open 2023 Filing

Operations Trend

Revenue Growth80th percentile

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

$10M$5.0M$0-$5.0MExpenses 2010: $686,2702010Expenses 2011: $675,4422011Expenses 2012: $602,0192012Revenue 2013: $776,432Expenses 2013: $703,937Net Income 2013: $72,4952013Revenue 2014: $1,860,470Expenses 2014: $1,163,563Net Income 2014: $696,9072014Revenue 2015: $52,698Expenses 2015: $79,145Net Income 2015: -$26,4472015Revenue 2016: $1,000,861Expenses 2016: $797,161Net Income 2016: $203,7002016Revenue 2017: $1,339,012Expenses 2017: $1,304,636Net Income 2017: $34,3762017Revenue 2018: $3,213,298Expenses 2018: $2,441,254Net Income 2018: $772,0442018Revenue 2019: $3,145,352Expenses 2019: $2,201,139Net Income 2019: $944,2132019Revenue 2020: $2,452,067Expenses 2020: $1,338,688Net Income 2020: $1,113,3792020Revenue 2021: $5,700,477Expenses 2021: $3,570,277Net Income 2021: $2,130,2002021Revenue 2022: $6,628,190Expenses 2022: $4,752,577Net Income 2022: $1,875,6132022Revenue 2023: $8,538,077Expenses 2023: $7,316,995Net Income 2023: $1,221,0822023Revenue 2024: $8,697,434Expenses 2024: $7,245,793Net Income 2024: $1,451,6412024

Highlighted filing

2023

Revenue$8,538,077
Expenses$7,316,995
Net Income$1,221,082
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 16, 2024
Return Version
2023v5.0
Gross Receipts
$8,538,077
Mission and Program Overview

Mission

To support the activities of alabama state university.

The mission of the alabama state university foundation, inc. Is to perpetuate a viable organization that will support the educational needs and goals of alabama state university, its faculty, and students via responsible management of financials programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$6,266,280$8,091,319▲ $1,825,039
Investments in Publicly Traded Securities$3,255,633$3,382,997▲ $127,364
Accounts Receivable$869,558$135,354▼ $734,204
Total Assets$10,391,471$11,609,670▲ $1,218,199
Liabilities
Accounts Payable and Accrued Expenses$155,248$89,501▼ $65,747
Total Liabilities$155,248$89,501▼ $65,747
Net Assets / Fund Balance
Net Assets With Donor Restrictions$8,222,585$8,444,686▲ $222,101
Net Assets Without Donor Restrictions$2,013,638$3,075,483▲ $1,061,845
Total Net Assets Fund Balance$10,236,223$11,520,169▲ $1,283,946
Total Liabilities and Net Assets / Fund Balance$10,391,471$11,609,670▲ $1,218,199
Compensation and Service Providers
Top Officer Pay14th percentile

Board Members and Trustees

NameTitle
Cedric MooreChair
Antwon HardwickVice Chair
Col Greg ClarkExecutive Di
Jennifer S AndersonExecutive Di
Lindsay HardenSecretary
Pamela HillTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$8,307,850
Program Service Revenue
$0
Investment Income
$230,227
Other Revenue
$0
All Other Contributions
$8,307,850
Change in Net Assets
$1,221,082

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,538,077
Total Revenue per Audited Statements
$8,538,077
Total Revenue per Form 990
$8,538,077
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,316,995
Total Fundraising Expense$20,112
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$1,635,078$51,523-$1,686,601
All Other Expenses$1,008,767$51,793-$1,060,560
Travel$812,010$7,277-$819,287
Fees for Services Other$462,403$323,319-$785,722
Office Expenses$452,748--$452,748
Other Expenses$324,740--$324,740
Information Technology$55,466--$55,466
Advertising$54,795--$54,795
Fees for Service Investment Mgmnt Fees--$20,112$20,112
Total Functional Expenses$6,862,971$433,912$20,112$7,316,995

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,316,995
Total Expenses per Audited Statements$7,316,995
Total Expenses per Form 990$7,316,995
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
No
Conflict-of-interest policy
Yes
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

“Board of director provided copy of form 990 before it is filed.”

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

“COMPENSATION COMMITTEE”

Form 990, Page 6, Part VI, Line 19

“UPON REQUEST VIA EMAIL.”

Filing and Contact Details

Filer

Filer Name
Alabama State University
EIN
63-6067745
Phone
3342294772
Address
PO BOX 1046, MONTGOMERY, AL 36101

Signing Officer

Name
Col Greg Clark
Title
Executive Director
Phone
3342294772
Signed
2024-08-16

Organization Details

Principal Officer
Col Greg Clark
Voting Board Members
18
Independent Board Members
18
Employees
0

Preparer

Firm
Grayson Accounting & Consulting Pa
Address
928 N MONROE STREET, TALLAHASSEE, FL 32303-6143
Preparer
John M Grayson CPA
Phone
8502941750
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The mission of the alabama state university foundation, inc. Is to perpetuate a viable organization that will support the educational needs and goals of alabama state university, its faculty, and students via responsible management of financials programs.”

Form 990, Part IX, Line 11G

“Contractual services 434,573 0 0 contractual services 0 248,504 0 professional fees 27,830 0 0 professional fees 0 25,000 0 consulting 0 49,815 0 total 462,403 323,319 0”

Form 990, Part IX, Line 24E

“Equipment 267,825 0 0 hospitality and reception 241,404 0 0 dues and subscriptions 110,674 0 0 miscellaneous 106,326 0 0 camp expenses 81,259 0 0 maint and repair 61,751 0 0 general & adm 0 51,756 0 health, wellness & traini 50,103 0 0 video & photography 32,392 0 0 registration fees 25,195 0 0 sponsorships 18,450 0 0 staff development 7,798 0 0 gifts and honorariums 5,590 0 0 taxes (foreign) 0 37 0 total 1,008,767 51,793 0”

Form 990, Part XI, Line 9

“Write off uncollectible receivables -257,604”

Raw XML Appendix324 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/AccountsPayableAccrExpnssGrp/BOYAmt0155248
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt089501
IRS990/AccountsReceivableGrp/BOYAmt0869558
IRS990/AccountsReceivableGrp/EOYAmt0135354
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE MISSION OF THE ALABAMA STATE UNIVERSITY FOUNDATION, INC. IS TO PERPETUATE A VIABLE ORGANIZATION THAT WILL SUPPORT THE EDUCATIONAL NEEDS AND GOALS OF ALABAMA STATE UNIVERSITY, ITS FACULTY, AND STUDENTS VIA RESPONSIBLE MANAGEMENT OF FINANCIALS PROGRAMS.
IRS990/AdvertisingGrp/ProgramServicesAmt054795
IRS990/AdvertisingGrp/TotalAmt054795
IRS990/AllOtherContributionsAmt08307850
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt051793
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01008767
IRS990/AllOtherExpensesGrp/TotalAmt01060560
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ASU FOUNDATION
IRS990/BooksInCareOfDetail/PhoneNum03342294772
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 1046
IRS990/BooksInCareOfDetail/USAddress/CityNm0MONGOMERY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd036101
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt06266280
IRS990/CashNonInterestBearingGrp/EOYAmt08091319
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt051523
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01635078
IRS990/ConferencesMeetingsGrp/TotalAmt01686601
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt08307850
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0230227
IRS990/CYOtherExpensesAmt07316995
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt01221082
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt07316995
IRS990/CYTotalFundraisingExpenseAmt020112
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt08538077
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0UNIVERSITY SUPPORT
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt08222585
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt08444686
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt05640427
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0323319
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0462403
IRS990/FeesForServicesOtherGrp/TotalAmt0785722
IRS990/FeesForSrvcInvstMgmntFeesGrp/FundraisingAmt020112
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt020112
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0COL GREG CLARK
IRS990/Form990PartVIISectionAGrp/PersonNm1JENNIFER S ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm2CEDRIC MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm3ANTWON HARDWICK
IRS990/Form990PartVIISectionAGrp/PersonNm4PAMELA HILL
IRS990/Form990PartVIISectionAGrp/PersonNm5LINDSAY HARDEN
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/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt08538077
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt018
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt055466
IRS990/InformationTechnologyGrp/TotalAmt055466
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0230227
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0230227
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03255633
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03382997
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MISSION OF THE ALABAMA STATE UNIVERSITY FOUNDATION, INC. IS TO PERPETUATE A VIABLE ORGANIZATION THAT WILL SUPPORT THE EDUCATIONAL NEEDS AND GOALS OF ALABAMA STATE UNIVERSITY, ITS FACULTY, AND STUDENTS VIA RESPONSIBLE MANAGEMENT OF FINANCIALS PROGRAMS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt010236223
IRS990/NetAssetsOrFundBalancesEOYAmt011520169
IRS990/NetUnrlzdGainsLossesInvstAmt0320468
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02013638
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03075483
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt0452748
IRS990/OfficeExpensesGrp/TotalAmt0452748
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-257604
IRS990/OtherExpensesGrp/Desc0SCHOLARSHIPS AND DONATION
IRS990/OtherExpensesGrp/Desc1STUDENT ENTERTAINMENT
IRS990/OtherExpensesGrp/Desc2AWARDS AND GRANTS
IRS990/OtherExpensesGrp/Desc3UNIFORMS AND APPAREL
IRS990/OtherExpensesGrp/ProgramServicesAmt0855980
IRS990/OtherExpensesGrp/ProgramServicesAmt1851770
IRS990/OtherExpensesGrp/ProgramServicesAmt2349214
IRS990/OtherExpensesGrp/ProgramServicesAmt3324740
IRS990/OtherExpensesGrp/TotalAmt0855980
IRS990/OtherExpensesGrp/TotalAmt1851770
IRS990/OtherExpensesGrp/TotalAmt2349214
IRS990/OtherExpensesGrp/TotalAmt3324740
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0COL GREG CLARK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0ATHLETIC SUPPORT
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01222544
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt06564594
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt063596
IRS990/PYOtherExpensesAmt04569119
IRS990/PYRevenuesLessExpensesAmt01875613
IRS990/PYSalariesCompEmpBnftPaidAmt0183458
IRS990/PYTotalExpensesAmt04752577
IRS990/PYTotalRevenueAmt06628190
IRS990/ReconcilationRevenueExpnssAmt01221082
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt08307850
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt06564594
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05534257
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02407920
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02996814
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt025811435
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0460043
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt025811435
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt08307850
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt06564594
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt05534257
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02407920
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02996814
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt025811435
IRS990ScheduleA/TotalSupportAmt025811435
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt07316995
IRS990ScheduleD/RevenueSubtotalAmt08538077
IRS990ScheduleD/TotalExpensesPerForm990Amt07316995
IRS990ScheduleD/TotalRevenuePerForm990Amt08538077
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08538077
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07316995
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF THE ALABAMA STATE UNIVERSITY FOUNDATION, INC. IS TO PERPETUATE A VIABLE ORGANIZATION THAT WILL SUPPORT THE EDUCATIONAL NEEDS AND GOALS OF ALABAMA STATE UNIVERSITY, ITS FACULTY, AND STUDENTS VIA RESPONSIBLE MANAGEMENT OF FINANCIALS PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD OF DIRECTOR PROVIDED COPY OF FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION COMMITTEE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST VIA EMAIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONTRACTUAL SERVICES 434,573 0 0 CONTRACTUAL SERVICES 0 248,504 0 PROFESSIONAL FEES 27,830 0 0 PROFESSIONAL FEES 0 25,000 0 CONSULTING 0 49,815 0 TOTAL 462,403 323,319 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EQUIPMENT 267,825 0 0 HOSPITALITY AND RECEPTION 241,404 0 0 DUES AND SUBSCRIPTIONS 110,674 0 0 MISCELLANEOUS 106,326 0 0 CAMP EXPENSES 81,259 0 0 MAINT AND REPAIR 61,751 0 0 GENERAL & ADM 0 51,756 0 HEALTH, WELLNESS & TRAINI 50,103 0 0 VIDEO & PHOTOGRAPHY 32,392 0 0 REGISTRATION FEES 25,195 0 0 SPONSORSHIPS 18,450 0 0 STAFF DEVELOPMENT 7,798 0 0 GIFTS AND HONORARIUMS 5,590 0 0 TAXES (FOREIGN) 0 37 0 TOTAL 1,008,767 51,793 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6WRITE OFF UNCOLLECTIBLE RECEIVABLES -257,604
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt010391471
IRS990/TotalAssetsEOYAmt011609670
IRS990/TotalAssetsGrp/BOYAmt010391471
IRS990/TotalAssetsGrp/EOYAmt011609670
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt08307850
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt020112
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0433912
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt06862971
IRS990/TotalFunctionalExpensesGrp/TotalAmt07316995
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0155248
IRS990/TotalLiabilitiesEOYAmt089501
IRS990/TotalLiabilitiesGrp/BOYAmt0155248
IRS990/TotalLiabilitiesGrp/EOYAmt089501
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt010236223
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt011520169
IRS990/TotalProgramServiceExpensesAmt06862971
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0230227
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt08538077
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt010391471
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt011609670
IRS990/TravelGrp/ManagementAndGeneralAmt07277
IRS990/TravelGrp/ProgramServicesAmt0812010
IRS990/TravelGrp/TotalAmt0819287
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1046
IRS990/USAddress/CityNm0MONTGOMERY
IRS990/USAddress/StateAbbreviationCd0AL
IRS990/USAddress/ZIPCd036101
IRS990/VotingMembersGoverningBodyCnt018
IRS990/VotingMembersIndependentCnt018
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/PersonNm0COL GREG CLARK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03342294772
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALABAMA STATE UNIVERSITY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0ALAB
ReturnHeader/Filer/EIN0636067745
ReturnHeader/Filer/PhoneNum03342294772
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1046
ReturnHeader/Filer/USAddress/CityNm0MONTGOMERY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd036101
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0593735258
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GRAYSON ACCOUNTING & CONSULTING PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0928 N MONROE STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TALLAHASSEE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0323036143
ReturnHeader/PreparerPersonGrp/PhoneNum08502941750
ReturnHeader/PreparerPersonGrp/PreparationDt02024-08-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN M GRAYSON CPA
ReturnHeader/ReturnTs02024-08-16T09:39:46-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,609,670
Liabilities
$89,501
Net assets
$11,520,169
Revenue
$8,538,077
Expenses
$7,316,995
Net income
$1,221,082
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.9$0.01$12.9$8.70$7.25$1.45
2023Detailed filing. Detailed filing data is available for this year.$11.6$0.09$11.5$8.54$7.32$1.22
2022Detailed filing. Detailed filing data is available for this year.$10.4$0.16$10.2$6.63$4.75$1.88
2021Detailed filing. Detailed filing data is available for this year.$9.05$0.18$8.87$5.70$3.57$2.13
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.50$0.01$6.49$2.45$1.34$1.11
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.97$0.01$4.97$3.15$2.20$0.94
2018Detailed filing. Detailed filing data is available for this year.$3.66$0.03$3.64$3.21$2.44$0.77
2017Detailed filing. Detailed filing data is available for this year.$3.16$0.01$3.15$1.34$1.30$0.03
2016Detailed filing. Detailed filing data is available for this year.$2.91$0.02$2.89$1.00$0.80$0.20
2015Detailed filing. Detailed filing data is available for this year.$2.55$0.87$1.68$0.05$0.08$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$1.86$1.16$0.70
2013Detailed filing. Detailed filing data is available for this year.$1.81$0.00$1.81$0.78$0.70$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.00$1.74$0.60
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$0.00$1.59$0.68
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.00$1.74$0.69