Civic Intelligence

Troy University Foundation

990 • Fiscal year 2020 • EIN 63-6067755

Oct 01, 2019 to Sep 30, 2020 • Filed on Jul 21, 2021

Organization ProfileWWW.TROY.EDU/DEVELOPMENT/FOUNDATION
Adams Administration Bldg No 241Troy State University, AL 36082

(334) 670-3000

Siviq Scores

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

Liabilities / Assets

70th percentile

0.56x

Higher debt load relative to assets than 70% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Liabilities / Revenue

96th percentile

10.21x

Higher debt load relative to revenue than 96% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Net Margin

38th percentile

0.5%

Higher net margin than 38% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Top Officer Pay

4th percentile

$0

Higher top officer pay than 4% of similar nonprofits.

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

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Asset Growth

74th percentile

14%

Faster asset growth than 74% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Revenue Growth

15th percentile

-20%

Faster revenue growth than 15% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$224,346,986

Up $27,881,213 (+14%) from 2019

Net Assets

Up

$99,282,346

Up $6,815,432 (+7.4%) from 2019

Liabilities

Up

$125,064,640

Up $21,065,781 (+20%) from 2019

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin38th percentile

Revenue

Down

$12,250,534

Down $2,971,886 (-20%) from 2019

Expenses

Up

$12,186,367

Up $2,031,104 (+20%) from 2019

Net Income

Down

$64,167

Down $5,002,990 (-99%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth74th percentile

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

$300M$200M$100M$0Assets 2011: $81,455,538Liabilities 2011: $30,752,634Net Assets 2011: $50,702,9042011Assets 2012: $93,514,577Liabilities 2012: $35,952,900Net Assets 2012: $57,561,6772012Assets 2013: $114,166,960Liabilities 2013: $51,113,105Net Assets 2013: $63,053,8552013Assets 2014: $128,524,769Liabilities 2014: $62,357,532Net Assets 2014: $66,167,2372014Assets 2015: $130,385,785Liabilities 2015: $59,409,525Net Assets 2015: $70,976,2602015Assets 2016: $154,991,470Liabilities 2016: $75,717,597Net Assets 2016: $79,273,8732016Assets 2017: $168,133,949Liabilities 2017: $87,006,456Net Assets 2017: $81,127,4932017Assets 2018: $187,647,293Liabilities 2018: $100,141,697Net Assets 2018: $87,505,5962018Assets 2019: $196,465,773Liabilities 2019: $103,998,859Net Assets 2019: $92,466,9142019Assets 2020: $224,346,986Liabilities 2020: $125,064,640Net Assets 2020: $99,282,3462020Assets 2021: $251,536,204Liabilities 2021: $136,559,171Net Assets 2021: $114,977,0332021Assets 2022: $216,795,680Liabilities 2022: $111,472,772Net Assets 2022: $105,322,9082022Assets 2023: $237,046,289Liabilities 2023: $121,832,174Net Assets 2023: $115,214,1152023Assets 2024: $223,937,479Liabilities 2024: $90,810,371Net Assets 2024: $133,127,1082024

Highlighted filing

2020

Assets$224,346,986
Liabilities$125,064,640
Net Assets$99,282,346
Open 2020 Filing

Operations Trend

Revenue Growth15th percentile

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

$40M$30M$20M$10M$0-$10MExpenses 2011: $5,402,1572011Revenue 2012: $10,747,043Expenses 2012: $8,171,540Net Income 2012: $2,575,5032012Expenses 2013: $7,006,0112013Revenue 2014: $12,039,896Expenses 2014: $11,197,984Net Income 2014: $841,9122014Revenue 2015: $36,015,774Expenses 2015: $29,848,435Net Income 2015: $6,167,3392015Revenue 2016: $12,812,079Expenses 2016: $7,214,162Net Income 2016: $5,597,9172016Revenue 2017: $10,213,964Expenses 2017: $11,673,744Net Income 2017: -$1,459,7802017Revenue 2018: $13,029,660Expenses 2018: $9,705,533Net Income 2018: $3,324,1272018Revenue 2019: $15,222,420Expenses 2019: $10,155,263Net Income 2019: $5,067,1572019Revenue 2020: $12,250,534Expenses 2020: $12,186,367Net Income 2020: $64,1672020Revenue 2021: $14,236,895Expenses 2021: $6,569,409Net Income 2021: $7,667,4862021Revenue 2022: $14,891,109Expenses 2022: $8,947,478Net Income 2022: $5,943,6312022Revenue 2023: $16,040,566Expenses 2023: $9,976,553Net Income 2023: $6,064,0132023Revenue 2024: $15,119,386Expenses 2024: $9,442,996Net Income 2024: $5,676,3902024

Highlighted filing

2020

Revenue$12,250,534
Expenses$12,186,367
Net Income$64,167
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Jul 21, 2021
Return Version
2019v5.2
Gross Receipts
$14,170,610
Mission and Program Overview

Mission

To assist troy university in building its endowment through a coordinated donor program and sound investment policy thereby ensuring reliable resources for the future.

Support of troy university students, faculty, staff and alumni

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$129,601,679$162,522,816▲ $32,921,137
Savings and Temporary Cash Investments$29,265,292$30,743,523▲ $1,478,231
Land, Buildings, and Equipment, Net$29,390,796$20,878,791▼ $8,512,005
Accounts Receivable$1,723,298$5,135,299▲ $3,412,001
Pledges and Grants Receivable$2,869,377$2,606,107▼ $263,270
Cash and Non-Interest-Bearing Accounts$192,065$197,663▲ $5,598
Total Assets$196,465,773$224,346,986▲ $27,881,213
Other Assets Total$3,423,266$2,262,787▼ $1,160,479
Liabilities
Escrow Account Liability$88,069,395$110,572,811▲ $22,503,416
Mortgage Notes Payable Secured by Investment Property$11,705,744$11,072,812▼ $632,932
Deferred Revenue$3,072,770$2,445,784▼ $626,986
Accounts Payable and Accrued Expenses$1,026,479$842,695▼ $183,784
Other Liabilities$124,471$130,538▲ $6,067
Total Liabilities$103,998,859$125,064,640▲ $21,065,781
Net Assets / Fund Balance
Net Assets With Donor Restrictions$79,567,467$84,736,139▲ $5,168,672
Net Assets Without Donor Restrictions$12,899,447$14,546,207▲ $1,646,760
Total Net Assets Fund Balance$92,466,914$99,282,346▲ $6,815,432
Total Liabilities and Net Assets / Fund Balance$196,465,773$224,346,986▲ $27,881,213

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,716,809$44,583$11,761,392
Other Land Buildings$5,373,774-$5,373,774
Leasehold Improvements$2,099,123$2,885,776$4,984,899
Land$1,457,858-$1,234,960
Equipment$231,227$119,981$351,208

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$48,505,397$1,053,366▲ $7,807,677$470,646$56,336,770
2018$46,702,869$652,124▲ $2,161,093-$48,505,397
2017$42,521,525$1,367,313▲ $4,028,138$179,872$46,702,869
2016$46,795,274$660,098▲ $4,105,998-$42,521,525
2015$42,956,054$1,058,104▲ $3,949,430-$46,795,274
Compensation and Service Providers
Top Officer Pay4th percentile

Board Members and Trustees

NameTitle
Mr Bill HopperAlumni Board President
Dr Jack Hawkins JrPresident
Larry HughesVice-chair
Major Gen Walter GivhanExecutive Vice President
Ms Becky WatsonVice President/secretary
Billy JonesBoard Member
David MallachBoard Member
Doug MimsBoard Member
Dr Earl JohnsonBoard Member
Dr Harrel MckinneyBoard Member
Dr Jeffrey DugasBoard Member
Dr Martha TackBoard Member
Horace Horn JrBoard Member
Jeffrey ColemanBoard Member
Jeffrey KervinBoard Member
John R FergusonBoard Member
Lewis RushingBoard Member
Roy DrinkardBoard Member
Dr James R AndrewsEmeritus
Dr James Bookout JrTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Outfront Media Sports INCSports ManagementPO BOX 33074, Newark, NJ 07188$663,635
Sodexho INC & AffiliatesCatering Services9801 WASHINGTONIAN BLVD, Gaithersburg, MD 20878$120,866
Revenue and Support

Revenue Composition

Contributions and Grants
$5,497,759
Program Service Revenue
$1,065,948
Investment Income
$1,356,088
Other Revenue
$4,330,739
All Other Contributions
$5,384,368
Change in Net Assets
$64,167

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Works of Art56$305,150Appraisal
Other Non Cash Contri Table1$107,741Appraisal
Total Noncash Contributions57$412,891-

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,160,829
Revenue Not Reported on Financial Statements
$89,705
Revenue Not Reported on Form 990
$7,266,226
Other Revenue Adjustments
$89,705
Total Revenue per Audited Statements
$19,427,055
Total Revenue per Form 990
$12,250,534
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$8,979,688
Other Expenses$3,206,679
Total Fundraising Expense$175,384
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$8,979,688--$8,979,688
Depreciation Depletion-$604,086-$604,086
All Other Expenses$286,441$172,024$51,169$509,634
Interest-$362,827-$362,827
Occupancy$9,042$229,001-$238,043
Travel$63,027$80,202$29,856$173,085
Other Expenses$37,424$103,326$24,083$103,326
Fees for Services Accounting-$54,785-$54,785
Information Technology$7,500$8,116-$15,616
Office Expenses$1,091$10,284$796$12,171
Total Functional Expenses$10,173,194$1,837,789$175,384$12,186,367

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$12,611,623
Expenses per Audited Statements$12,186,367
Total Expenses per Form 990$12,186,367
Expenses Not Reported on Form 990$425,256
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Troy UniversityTroy, AL115Athletic Department-
Troy UniversityTroy, AL115Other Expenses-
Troy UniversityTroy, AL115Eminent Scholar Professorships-
Troy UniversityTroy, AL115Student Scholarships-
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$196,424
Fundraising Direct Expenses$168,834
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Football Kickoff Party$47,265$44,380$22,265$22,115
High School Seus$31,585$31,585$4,421$27,164
Total Events$309,815$196,424$168,834$27,590
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Gift Annuity Liability$130,538
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Dr. James bookout, dr. Jack hawkins, and major gen. Walter givhan - business relationship dr. James andrews and dr. Jeffrey dugas - business relationship”

Form 990, Part VI, Section B, Line 11B

“The treasurer, vice president, and secretary of the foundation reviewed the form 990 prior to its filing with the irs.”

Form 990, Part VI, Section C, Line 19

“Governing documents, policies, and financial statements are available upon written request to the foundation office.”

Filing and Contact Details

Filer

Filer Name
Troy University Foundation
EIN
63-6067755
Phone
3346703000
Address
ADAMS ADMINISTRATION BLDG NO 241, TROY STATE UNIVERSITY, AL 36082

Signing Officer

Name
Dr James Bookout
Title
Treasurer
Phone
3346703000
Signed
2021-07-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr James Bookout
Formed
1968
Legal Domicile
Al
Voting Board Members
21
Independent Board Members
21
Employees
0
Volunteers
0

Preparer

Firm
Warren Averett LLC
Address
3815 INTERSTATE CT, MONTGOMERY, AL 36109
Preparer
Jeri Groce
Phone
3342712200
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Change in value of split interest agreements -41,293. Beneficial interest in trusts -48,412.”

FORM 990, PART XII, LINE 2C:

“The process has not changed from prior year.”

Financial Statement Notes

PART III, LINE 4:

“The foundation has collections of artwork that are used to support troy university students, faculty, staff and alumni by creating educational opportunities and to heighten understanding and appreciation of the visual world. Troy university has created an art museum where these works of art will be displayed.”

PART IV, LINE 2B:

“The foundation serves as custodian for a title iii grant for the dothan campus of troy university totaling $975,222. Troy university transferred $8,083,430 to the foundation for investment. The total balance at september 30, 2020 was $108,193,437. Center services, inc. (csi) invested $626,700 in the foundation's pooled endowment. The total balance at september 30, 2020 was $1,251,166.”

PART V, LINE 4:

“The foundation establishes endowed funds to support donor(s) purposes in perpetuity. Gifts of cash or cash generated from conversion of a non-cash asset are invested in the troy foundation endowed investment pool. It is the goal of the foundation endowment investment policy to provide a real total return from assets invested that will preserve and increase the purchasing power of the endowment capital, while generating the maximum yield to support the activities of the funds held for the colleges, schools, departments, units and programs of the university.”

PART X, LINE 2:

“The foundation is recognized by the internal revenue service as a tax-exempt organization under section 501(c)(3) of the internal revenue code. Certain types of income may be subject to tax from unrelated business income as defined by the tax code. At times, the foundation receives royalty and other income that may be taxable. During the fiscal year 2020, the foundation paid approximately $20,000 in unrelated business income tax for taxable income generated in fiscal year 2019. The foundation follows the accounting guidance for uncertainty in income taxes using the provisions of fasb accounting standards codification (asc) 740, income taxes. As of september 30, 2020 and 2019, the foundation has no uncertain tax positions that qualify for recognition or disclosure in the financial statements and no interest and penalties related to income taxes.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses 168,834. Rental expenses 256,422.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Distributions from perpetual trust 48,412. Change in value of split interest agreements 41,293.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses 168,834. Rental expenses 256,422.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/PersonNm0DR JAMES R ANDREWS
IRS990/Form990PartVIISectionAGrp/PersonNm1DR JAMES BOOKOUT JR
IRS990/Form990PartVIISectionAGrp/PersonNm2HORACE HORN JR
IRS990/Form990PartVIISectionAGrp/PersonNm3MR BILL HOPPER
IRS990/Form990PartVIISectionAGrp/PersonNm4DAVID MALLACH
IRS990/Form990PartVIISectionAGrp/PersonNm5DR JEFFREY DUGAS
IRS990/Form990PartVIISectionAGrp/PersonNm6DR JACK HAWKINS JR
IRS990/Form990PartVIISectionAGrp/PersonNm7LARRY HUGHES
IRS990/Form990PartVIISectionAGrp/PersonNm8JOHN R FERGUSON
IRS990/Form990PartVIISectionAGrp/PersonNm9BILLY JONES
IRS990/Form990PartVIISectionAGrp/PersonNm10MS BECKY WATSON
IRS990/Form990PartVIISectionAGrp/PersonNm11DOUG MIMS
IRS990/Form990PartVIISectionAGrp/PersonNm12DR HARREL MCKINNEY
IRS990/Form990PartVIISectionAGrp/PersonNm13JEFFREY KERVIN
IRS990/Form990PartVIISectionAGrp/PersonNm14DR MARTHA TACK
IRS990/Form990PartVIISectionAGrp/PersonNm15MAJOR GEN WALTER GIVHAN
IRS990/Form990PartVIISectionAGrp/PersonNm16ROY DRINKARD
IRS990/Form990PartVIISectionAGrp/PersonNm17DR EARL JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm18JEFFREY COLEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm19LEWIS RUSHING
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3ALUMNI BOARD PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE PRESIDENT/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15EXECUTIVE VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01968
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0113391
IRS990/FundraisingDirectExpensesAmt0168834
IRS990/FundraisingGrossIncomeAmt0196424
IRS990/GainOrLossGrp/SecuritiesAmt0471446
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt021
IRS990/GrantAmt08979688
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt08979688
IRS990/GrantsToDomesticOrgsGrp/TotalAmt08979688
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01966266
IRS990/GrossReceiptsAmt014170610
IRS990/GrossRentsGrp/RealAmt0493250
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt021
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt08116
IRS990/InformationTechnologyGrp/ProgramServicesAmt07500
IRS990/InformationTechnologyGrp/TotalAmt015616
IRS990/InterestGrp/ManagementAndGeneralAmt0362827
IRS990/InterestGrp/TotalAmt0362827
IRS990/InvestmentIncomeGrp/ExclusionAmt0884642
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0884642
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0129601679
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0162522816
IRS990/IRPDocumentCnt056
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03050340
IRS990/LandBldgEquipBasisNetGrp/BOYAmt029390796
IRS990/LandBldgEquipBasisNetGrp/EOYAmt020878791
IRS990/LandBldgEquipCostOrOtherBssAmt023929131
IRS990/LegalDomicileStateCd0AL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01494820
IRS990/LessRentalExpensesGrp/RealAmt0256422
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ASSIST TROY UNIVERSITY IN BUILDING ITS ENDOWMENT THROUGH A COORDINATED DONOR PROGRAM AND SOUND INVESTMENT POLICY THEREBY ENSURING RELIABLE RESOURCES FOR THE FUTURE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt011705744
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt011072812
IRS990/NetAssetsOrFundBalancesBOYAmt092466914
IRS990/NetAssetsOrFundBalancesEOYAmt099282346
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0471446
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0471446
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt027590
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt027590
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0236828
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0236828
IRS990/NetUnrelatedBusTxblIncmAmt058938
IRS990/NetUnrlzdGainsLossesInvstAmt06840970
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt012899447
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt014546207
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0412891
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0229001
IRS990/OccupancyGrp/ProgramServicesAmt09042
IRS990/OccupancyGrp/TotalAmt0238043
IRS990/OfficeExpensesGrp/FundraisingAmt0796
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt010284
IRS990/OfficeExpensesGrp/ProgramServicesAmt01091
IRS990/OfficeExpensesGrp/TotalAmt012171
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03423266
IRS990/OtherAssetsTotalGrp/EOYAmt02262787
IRS990/OtherChangesInNetAssetsAmt0-89705
IRS990/OtherExpensesGrp/Desc0CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc1BAD DEBT
IRS990/OtherExpensesGrp/Desc2GIFTS AND AWARDS
IRS990/OtherExpensesGrp/Desc3REFUNDS
IRS990/OtherExpensesGrp/FundraisingAmt069480
IRS990/OtherExpensesGrp/FundraisingAmt124083
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0148777
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt121678
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt242683
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3103326
IRS990/OtherExpensesGrp/ProgramServicesAmt0696752
IRS990/OtherExpensesGrp/ProgramServicesAmt192229
IRS990/OtherExpensesGrp/ProgramServicesAmt237424
IRS990/OtherExpensesGrp/TotalAmt0915009
IRS990/OtherExpensesGrp/TotalAmt1113907
IRS990/OtherExpensesGrp/TotalAmt2104190
IRS990/OtherExpensesGrp/TotalAmt3103326
IRS990/OtherLiabilitiesGrp/BOYAmt0124471
IRS990/OtherLiabilitiesGrp/EOYAmt0130538
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/Desc1VENDING COMMISSIONS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03980685
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt185636
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03980685
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt185636
IRS990/OtherRevenueTotalAmt04066321
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02869377
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02606107
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DR JAMES BOOKOUT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01065948
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01065948
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt07473434
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt06615820
IRS990/PYInvestmentIncomeAmt02523218
IRS990/PYOtherExpensesAmt03539443
IRS990/PYOtherRevenueAmt03785250
IRS990/PYProgramServiceRevenueAmt01440518
IRS990/PYRevenuesLessExpensesAmt05067157
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt010155263
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt015222420
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/ReconcilationRevenueExpnssAmt064167
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0236828
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05132269
IRS990/SavingsAndTempCashInvstGrp/BOYAmt029265292
IRS990/SavingsAndTempCashInvstGrp/EOYAmt030743523
IRS990ScheduleA/CollegeOrganizationInd0X

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$224,346,986
Liabilities
$125,064,640
Net assets
$99,282,346
Revenue
$12,250,534
Expenses
$12,186,367
Net income
$64,167
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$224$90.8$133$15.1$9.44$5.68
2023Detailed filing. Detailed filing data is available for this year.$237$122$115$16.0$9.98$6.06
2022Detailed filing. Detailed filing data is available for this year.$217$111$105$14.9$8.95$5.94
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$252$137$115$14.2$6.57$7.67
2020Detailed filing. Detailed filing data is available for this year.$224$125$99.3$12.3$12.2$0.06
2019Detailed filing. Detailed filing data is available for this year.$196$104$92.5$15.2$10.2$5.07
2018Detailed filing. Detailed filing data is available for this year.$188$100$87.5$13.0$9.71$3.32
2017Detailed filing. Detailed filing data is available for this year.$168$87.0$81.1$10.2$11.7$1.46
2016Detailed filing. Detailed filing data is available for this year.$155$75.7$79.3$12.8$7.21$5.60
2015Detailed filing. Detailed filing data is available for this year.$130$59.4$71.0$36.0$29.8$6.17
2014Detailed filing. Detailed filing data is available for this year.$129$62.4$66.2$12.0$11.2$0.84
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$114$51.1$63.1$7.01
2012Summary only. Only limited summary data is available for this year.$93.5$36.0$57.6$10.7$8.17$2.58
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$81.5$30.8$50.7$5.40