Civic Intelligence

Troy University Foundation

990 • Fiscal year 2021 • EIN 63-6067755

Oct 01, 2020 to Sep 30, 2021 • Filed on Feb 15, 2022

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

72nd percentile

0.54x

Higher debt load relative to assets than 72% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Liabilities / Revenue

96th percentile

9.59x

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

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Net Margin

91st percentile

54%

Higher net margin than 91% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Top Officer Pay

3rd percentile

$0

Higher top officer pay than 3% of similar nonprofits.

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

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Asset Growth

49th percentile

12%

Faster asset growth than 49% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2020 to 2021

Revenue Growth

64th percentile

16%

Faster revenue growth than 64% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Up

$251,536,204

Up $27,189,218 (+12%) from 2020

Net Assets

Up

$114,977,033

Up $15,694,687 (+16%) from 2020

Liabilities

Up

$136,559,171

Up $11,494,531 (+9.2%) from 2020

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin91st percentile

Revenue

Up

$14,236,895

Up $1,986,361 (+16%) from 2020

Expenses

Down

$6,569,409

Down $5,616,958 (-46%) from 2020

Net Income

Up

$7,667,486

Up $7,603,319 (+11849%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth49th 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

2021

Assets$251,536,204
Liabilities$136,559,171
Net Assets$114,977,033
Open 2021 Filing

Operations Trend

Revenue Growth64th 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

2021

Revenue$14,236,895
Expenses$6,569,409
Net Income$7,667,486
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Feb 15, 2022
Return Version
2020v4.2
Gross Receipts
$20,875,575
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$162,522,816$191,539,691▲ $29,016,875
Savings and Temporary Cash Investments$30,743,523$25,578,224▼ $5,165,299
Land, Buildings, and Equipment, Net$20,878,791$20,915,426▲ $36,635
Other Notes and Loans Receivable, Net$0$6,300,000▲ $6,300,000
Pledges and Grants Receivable$2,606,107$3,894,678▲ $1,288,571
Cash and Non-Interest-Bearing Accounts$197,663$191,842▼ $5,821
Accounts Receivable$5,135,299$151,875▼ $4,983,424
Total Assets$224,346,986$251,536,204▲ $27,189,218
Other Assets Total$2,262,787$2,964,468▲ $701,681
Liabilities
Escrow Account Liability$110,572,811$129,308,880▲ $18,736,069
Mortgage Notes Payable Secured by Investment Property$11,072,812$3,104,829▼ $7,967,983
Deferred Revenue$2,445,784$2,834,964▲ $389,180
Accounts Payable and Accrued Expenses$842,695$1,171,864▲ $329,169
Other Liabilities$130,538$138,634▲ $8,096
Total Liabilities$125,064,640$136,559,171▲ $11,494,531
Net Assets / Fund Balance
Net Assets With Donor Restrictions$84,736,139$78,888,121▼ $5,848,018
Net Assets Without Donor Restrictions$14,546,207$36,088,912▲ $21,542,705
Total Net Assets Fund Balance$99,282,346$114,977,033▲ $15,694,687
Total Liabilities and Net Assets / Fund Balance$224,346,986$251,536,204▲ $27,189,218

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,696,252$65,140$11,761,392
Other Land Buildings$5,886,474-$5,886,474
Leasehold Improvements$1,682,208$3,302,691$4,984,899
Land$1,457,858-$1,234,960
Equipment$192,634$158,574$351,208

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$56,336,770$2,091,516▲ $10,299,581$792,186$67,935,681
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
Compensation and Service Providers
Top Officer Pay3rd percentile

Board Members and Trustees

NameTitle
Jeffrey ColemanChair
Roni HolleyAlumni Board President
Dr Jack Hawkins JrPresident
Larry HughesVice-chair
Major Gen Walter GivhanExecutive Vice President
Billy JonesBoard Member
Claudence NicholsBoard Member
David MallachBoard Member
Doug MimsBoard Member
Dr Earl JohnsonBoard Member
Dr Jeffrey DugasBoard Member
Dr Manley JohnsonBoard Member
Horace Horn JrBoard Member
Jeffrey KervinBoard Member
John R FergusonBoard Member
Karen CarterBoard Member
Lewis RushingBoard Member
Randall MooreBoard 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$264,302
Revenue and Support

Revenue Composition

Contributions and Grants
$9,519,124
Program Service Revenue
$0
Investment Income
$1,592,776
Other Revenue
$3,124,995
All Other Contributions
$9,386,628
Change in Net Assets
$7,667,486

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 Art30$705,950Appraisal
Other Non Cash Contri Table29$103,250Appraisal
Other Non Cash Contri Table1$29,204Appraisal
Other Non Cash Contri Table2$600Appraisal
Total Noncash Contributions62$839,004-

Audited Revenue Reconciliation

Revenue per Audited Statements
$14,329,711
Revenue Not Reported on Financial Statements
$-92,816
Revenue Not Reported on Form 990
$8,238,682
Other Revenue Adjustments
$-92,816
Total Revenue per Audited Statements
$22,568,393
Total Revenue per Form 990
$14,236,895
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,863,655
Other Expenses$2,705,754
Total Fundraising Expense$108,546
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,863,655--$3,863,655
All Other Expenses$119,538$199,033$53,361$371,932
Depreciation Depletion-$363,861-$363,861
Travel$86,337$52,136$26,272$164,745
Other Expenses$34,371$35,323$17,178$86,872
Office Expenses$36,719$32,682$9,453$78,854
Fees for Services Accounting-$63,814-$63,814
Interest-$58,617-$58,617
Information Technology$10,400$11,242-$21,642
Occupancy$6,151$65-$6,216
Total Functional Expenses$5,138,530$1,322,333$108,546$6,569,409

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,873,706
Expenses per Audited Statements$6,569,409
Total Expenses per Form 990$6,569,409
Expenses Not Reported on Form 990$304,297
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Troy UniversityTroy, AL115Athletic Department$1,579,767
Troy UniversityTroy, AL115Other Expenses$1,126,812
Troy UniversityTroy, AL115Student Scholarships$926,696
Troy UniversityTroy, AL115Eminent Scholar Professorships$230,380
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$125,383
Fundraising Direct Expenses$112,821
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Football Kickoff Party$62,315$62,315$335$61,980
High School Seus$5,105$5,105$225$4,880
Total Events$257,879$125,383$112,821$12,562
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$138,634
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
2022-02-15
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 49,689. Beneficial interest in trusts 43,127.”

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 $1,146,316. Troy university transferred funds to the foundation for investment. The total balance at september 30, 2021 was $127,101,998. Center services, inc. (csi) invested $626,700 in the foundation's pooled endowment. The total balance at september 30, 2021 was $883,962.”

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 fiscal years 2021 and 2020, the foundation paid approximately $15,400 and $35,000 in unrelated business income tax for taxable income generated in fiscal years 2021 and 2020, respectively. 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, 2021 and 2020, 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 112,821. Rental expenses 191,476.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Distributions from perpetual trust -43,127. Change in value of split interest agreements -49,689.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses 112,821. Rental expenses 191,476.”

Raw XML AppendixShowing 400 of 726 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.

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/PersonNm0DR JAMES R ANDREWS
IRS990/Form990PartVIISectionAGrp/PersonNm1DR JAMES BOOKOUT JR
IRS990/Form990PartVIISectionAGrp/PersonNm2KAREN CARTER
IRS990/Form990PartVIISectionAGrp/PersonNm3JEFFREY COLEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm4ROY DRINKARD
IRS990/Form990PartVIISectionAGrp/PersonNm5DR JEFFREY DUGAS
IRS990/Form990PartVIISectionAGrp/PersonNm6JOHN R FERGUSON
IRS990/Form990PartVIISectionAGrp/PersonNm7MAJOR GEN WALTER GIVHAN
IRS990/Form990PartVIISectionAGrp/PersonNm8DR JACK HAWKINS JR
IRS990/Form990PartVIISectionAGrp/PersonNm9RONI HOLLEY
IRS990/Form990PartVIISectionAGrp/PersonNm10HORACE HORN JR
IRS990/Form990PartVIISectionAGrp/PersonNm11LARRY HUGHES
IRS990/Form990PartVIISectionAGrp/PersonNm12DR EARL JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm13DR MANLEY JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm14BILLY JONES
IRS990/Form990PartVIISectionAGrp/PersonNm15JEFFREY KERVIN
IRS990/Form990PartVIISectionAGrp/PersonNm16DAVID MALLACH
IRS990/Form990PartVIISectionAGrp/PersonNm17DOUG MIMS
IRS990/Form990PartVIISectionAGrp/PersonNm18RANDALL MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm19CLAUDENCE NICHOLS
IRS990/Form990PartVIISectionAGrp/PersonNm20LEWIS RUSHING
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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/ReportableCompFromOrgAmt200
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/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7EXECUTIVE VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9ALUMNI BOARD PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01968
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0132496
IRS990/FundraisingDirectExpensesAmt0112821
IRS990/FundraisingGrossIncomeAmt0125383
IRS990/GainOrLossGrp/SecuritiesAmt0893393
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt021
IRS990/GrantAmt03863655
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt03863655
IRS990/GrantsToDomesticOrgsGrp/TotalAmt03863655
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt07227777
IRS990/GrossReceiptsAmt020875575
IRS990/GrossRentsGrp/RealAmt0483333
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt021
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt011242
IRS990/InformationTechnologyGrp/ProgramServicesAmt010400
IRS990/InformationTechnologyGrp/TotalAmt021642
IRS990/InterestGrp/ManagementAndGeneralAmt058617
IRS990/InterestGrp/TotalAmt058617
IRS990/InvestmentIncomeGrp/ExclusionAmt0699383
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0699383
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0162522816
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0191539691
IRS990/IRPDocumentCnt034
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03526405
IRS990/LandBldgEquipBasisNetGrp/BOYAmt020878791
IRS990/LandBldgEquipBasisNetGrp/EOYAmt020915426
IRS990/LandBldgEquipCostOrOtherBssAmt024441831
IRS990/LegalDomicileStateCd0AL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt06334384
IRS990/LessRentalExpensesGrp/RealAmt0191475
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/BOYAmt011072812
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03104829
IRS990/NetAssetsOrFundBalancesBOYAmt099282346
IRS990/NetAssetsOrFundBalancesEOYAmt0114977033
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0893393
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0893393
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt012562
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt012562
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0291858
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0291858
IRS990/NetUnrelatedBusTxblIncmAmt0108461
IRS990/NetUnrlzdGainsLossesInvstAmt07934385
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt014546207
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt036088912
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0839004
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt065
IRS990/OccupancyGrp/ProgramServicesAmt06151
IRS990/OccupancyGrp/TotalAmt06216
IRS990/OfficeExpensesGrp/FundraisingAmt09453
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt032682
IRS990/OfficeExpensesGrp/ProgramServicesAmt036719
IRS990/OfficeExpensesGrp/TotalAmt078854
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02262787
IRS990/OtherAssetsTotalGrp/EOYAmt02964468
IRS990/OtherChangesInNetAssetsAmt092816
IRS990/OtherExpensesGrp/Desc0CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc1BAD DEBT
IRS990/OtherExpensesGrp/Desc2DONATION EXPENSE
IRS990/OtherExpensesGrp/Desc3GIFTS AND AWARDS
IRS990/OtherExpensesGrp/FundraisingAmt02282
IRS990/OtherExpensesGrp/FundraisingAmt117178
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0470249
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt110413
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt224898
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt335323
IRS990/OtherExpensesGrp/ProgramServicesAmt0597421
IRS990/OtherExpensesGrp/ProgramServicesAmt1294535
IRS990/OtherExpensesGrp/ProgramServicesAmt289403
IRS990/OtherExpensesGrp/ProgramServicesAmt334371
IRS990/OtherExpensesGrp/TotalAmt01069952
IRS990/OtherExpensesGrp/TotalAmt1304948
IRS990/OtherExpensesGrp/TotalAmt2114301
IRS990/OtherExpensesGrp/TotalAmt386872
IRS990/OtherLiabilitiesGrp/BOYAmt0130538
IRS990/OtherLiabilitiesGrp/EOYAmt0138634
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
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IRS990/OtherRevenueTotalAmt02820575
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt03894678
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DR JAMES BOOKOUT
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
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IRS990/PYOtherExpensesAmt03206679
IRS990/PYOtherRevenueAmt04330739
IRS990/PYProgramServiceRevenueAmt01065948
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IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt012186367
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt012250534
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/ReconcilationRevenueExpnssAmt07667486
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0291858
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02820575
IRS990/SavingsAndTempCashInvstGrp/BOYAmt030743523
IRS990/SavingsAndTempCashInvstGrp/EOYAmt025578224
IRS990ScheduleA/CollegeOrganizationInd0X
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt05583395
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt07574720
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt06981180
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt04345636

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Filings

Displayed year

2021 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$251,536,204
Liabilities
$136,559,171
Net assets
$114,977,033
Revenue
$14,236,895
Expenses
$6,569,409
Net income
$7,667,486
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