Civic Intelligence

Rust College Inc

990 • Fiscal year 2021 • EIN 64-0303805

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 15, 2021

Organization Profilewww.rustcollege.edu

View Organization Page

150 Rust AveHolly Springs, MS 38635-2330

(662) 252-8000

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.18x

Higher debt load relative to assets than 43% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Liabilities / Revenue

68th percentile

0.69x

Higher debt load relative to revenue than 68% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Net Margin

54th percentile

13%

Higher net margin than 54% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Top Officer Pay

27th percentile

$220,000

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Asset Growth

59th percentile

15%

Faster asset growth than 59% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Revenue Growth

72nd percentile

31%

Faster revenue growth than 72% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets43rd percentile

Assets

Up

$88,877,754

Up $11,507,339 (+15%) from 2020

Net Assets

Up

$73,176,077

Up $7,840,387 (+12%) from 2020

Liabilities

Up

$15,701,677

Up $3,666,952 (+30%) from 2020

Revenue And Expenses
Liabilities / Revenue68th percentileNet Margin54th percentile

Revenue

Up

$22,679,674

Up $5,425,964 (+31%) from 2020

Expenses

Up

$19,721,286

Up $1,387,831 (+7.6%) from 2020

Net Income

Up

$2,958,388

Up $4,038,133 (+374%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth59th percentile

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

$100M$50M$0Assets 2010: $44,148,853Liabilities 2010: $6,120,649Net Assets 2010: $38,028,2042010Assets 2011: $48,403,380Liabilities 2011: $6,759,773Net Assets 2011: $41,643,6072011Assets 2012: $48,332,771Liabilities 2012: $6,474,130Net Assets 2012: $41,858,6412012Assets 2013: $52,549,226Liabilities 2013: $7,159,110Net Assets 2013: $45,390,1162013Assets 2014: $57,608,730Liabilities 2014: $7,285,043Net Assets 2014: $50,323,6872014Assets 2015: $58,646,866Liabilities 2015: $6,627,282Net Assets 2015: $52,019,5842015Assets 2016: $60,911,510Liabilities 2016: $8,452,945Net Assets 2016: $52,458,5652016Assets 2017: $66,401,937Liabilities 2017: $8,667,621Net Assets 2017: $57,734,3162017Assets 2018: $70,380,774Liabilities 2018: $8,737,049Net Assets 2018: $61,643,7252018Assets 2019: $72,974,646Liabilities 2019: $7,960,159Net Assets 2019: $65,014,4872019Assets 2020: $77,370,415Liabilities 2020: $12,034,725Net Assets 2020: $65,335,6902020Assets 2021: $88,877,754Liabilities 2021: $15,701,677Net Assets 2021: $73,176,0772021Assets 2022: $82,920,785Liabilities 2022: $14,209,746Net Assets 2022: $68,711,0392022Assets 2023: $90,433,827Liabilities 2023: $16,135,036Net Assets 2023: $74,298,7912023Assets 2024: $89,867,132Liabilities 2024: $12,305,615Net Assets 2024: $77,561,5172024

Highlighted filing

2021

Assets$88,877,754
Liabilities$15,701,677
Net Assets$73,176,077
Open 2021 Filing

Operations Trend

Revenue Growth72nd percentile

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

$30M$20M$10M$0-$10MExpenses 2010: $16,904,8712010Expenses 2011: $15,950,5792011Expenses 2012: $15,939,0182012Expenses 2013: $16,665,2662013Revenue 2014: $17,071,472Expenses 2014: $16,662,107Net Income 2014: $409,3652014Revenue 2015: $17,952,736Expenses 2015: $17,302,692Net Income 2015: $650,0442015Revenue 2016: $16,971,793Expenses 2016: $16,117,745Net Income 2016: $854,0482016Revenue 2017: $18,616,946Expenses 2017: $17,453,976Net Income 2017: $1,162,9702017Revenue 2018: $17,939,337Expenses 2018: $17,106,898Net Income 2018: $832,4392018Revenue 2019: $18,483,162Expenses 2019: $18,466,862Net Income 2019: $16,3002019Revenue 2020: $17,253,710Expenses 2020: $18,333,455Net Income 2020: -$1,079,7452020Revenue 2021: $22,679,674Expenses 2021: $19,721,286Net Income 2021: $2,958,3882021Revenue 2022: $22,718,599Expenses 2022: $21,889,818Net Income 2022: $828,7812022Revenue 2023: $20,052,761Expenses 2023: $21,671,841Net Income 2023: -$1,619,0802023Revenue 2024: $14,124,213Expenses 2024: $22,650,940Net Income 2024: -$8,526,7272024

Highlighted filing

2021

Revenue$22,679,674
Expenses$19,721,286
Net Income$2,958,388
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$22,679,674
Mission and Program Overview

Mission

To provide four year college bachelor degree

To Provide Four Year College degree

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$48,086,719$58,208,960▲ $10,122,241
Land, Buildings, and Equipment, Net$12,784,236$13,614,253▲ $830,017
Cash and Non-Interest-Bearing Accounts$7,129,232$9,713,481▲ $2,584,249
Accounts Receivable$3,723,391$4,296,404▲ $573,013
Other Notes and Loans Receivable, Net$3,748,434$1,168,244▼ $2,580,190
Inventories for Sale or Use$735,612$714,349▼ $21,263
Pledges and Grants Receivable$625,687$624,959▼ $728
Prepaid Expenses and Deferred Charges$143,690$143,690→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$77,370,415$88,877,754▲ $11,507,339
Other Assets Total$393,414$393,414→ $0
Liabilities
Deferred Revenue$9,271,520$13,321,002▲ $4,049,482
Other Liabilities$1,673,920$1,404,713▼ $269,207
Mortgage Notes Payable Secured by Investment Property$894,693$894,693→ $0
Accounts Payable and Accrued Expenses$194,592$81,269▼ $113,323
Grants Payable$0--
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$12,034,725$15,701,677▲ $3,666,952
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$50,358,428$54,197,334▲ $3,838,906
Net Assets With Donor Restrictions$14,977,262$18,978,743▲ $4,001,481
Total Net Assets Fund Balance$65,335,690$73,176,077▲ $7,840,387
Total Liabilities and Net Assets / Fund Balance$77,370,415$88,877,754▲ $11,507,339

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,113,284$18,244,137$0
Other Land Buildings$1,220,000$0$0
Land$1,685,554-$0
Equipment$2,595,415$4,819,213$0
Leasehold Improvements$0$0$0
Other Securities$42,884,457--
Compensation and Service Providers
Top Officer Pay27th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Dr Ivy R TaylorPresidentFT$220,000$220,000
Dr Daarel BurnetteInterim Vice President for FinanceFT$120,000$120,000
Dr Dartell TreadwellAssistant to the President For Strategic InitiativeFT$115,500$115,500
Tiffani PerryChief of StaffFT$115,500$115,500
Dr Doris WardInterim Vice PresidentFT$87,093$87,093
Dr Ishmell EdwardsVice President for College RelationsFT$86,275$86,275

Board Members and Trustees

NameTitle
Cecelia Wilson SawyerChairman
Thomas BrownVice Chairman
Barbara BelfoureBoard Member
Dr Darrell EzellBoard Member
Dr David SwintonBoard Member
Dr Deborah B SmithBoard Member
Dr Dorothy PenningtonBoard Member
Dr Joe MayBoard Member
Dr Kenneth BedellBoard Member
Dr Wesley E JonesBoard Member
Dr William NelsonBoard Member
Larry AndersonBoard Member
Margaret BorgenBoard Member
Patricia Bruce LoweBoard Member
Rev Robert WardBoard Member
Dr Barrie TritleSecretary
George HoldenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,306,942
Program Service Revenue
$20,322,898
Investment Income
$8,887
Other Revenue
$40,947
All Other Contributions
$0
Change in Net Assets
$2,958,388

Audited Revenue Reconciliation

Revenue per Audited Statements
$22,679,674
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$22,679,674
Total Revenue per Form 990
$22,679,674
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$11,375,625
Salaries, Compensation, and Employee Benefits$8,345,661
Total Fundraising Expense$145,750
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,674,577$571,355$106,072$6,352,004
All Other Expenses$2,713,886$189,849$0$2,903,735
Other Expenses$2,039,809$0$0$2,039,809
Other Employee Benefits$1,003,123$215,125$31,041$1,249,289
Current Officers, Directors, Trustees, and Key Employees$0$744,368$0$744,368
Information Technology$442,464$33,102$791$476,357
Depreciation Depletion$471,305$0$0$471,305
Insurance$342,070$0$0$342,070
Travel$83,284$23,334$531$107,149
Fees for Service Investment Mgmnt Fees$0$88,521$0$88,521
Total Functional Expenses$17,550,960$2,024,576$145,750$19,721,286

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$19,721,286
Total Expenses per Audited Statements$19,721,286
Total Expenses per Form 990$19,721,286
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Compensation and Related Expenses$452,514
Deposits Held In Custody for Others$445,693
Deposits and Other Liabilities$304,862
U S Government Loan Fund Refundable$112,350
Payroll Taxes Withheld and Payable$89,294
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Section B, Line 11B

“A complete copy of the IRS Form 990 is provided to officers and board members for review before filing”

Form 990, Part VI, Section B, Line 12C

“The organization consistently monitors conflict of interest with policies and procedures and this is frowned upon by the university”

Form 990, Part VI, Section B, Line 15

“The organization regularly reviews the salaries of top officers of organizations of similar size and revenue to determine that salaries are comparable”

Form 990, Part VI, Section C, Line 19

“Upon request the Audit and IRS Form 990 is made available to the public at the college”

Filing and Contact Details

Filer

Filer Name
Rust College
EIN
64-0303805
Phone
6622528000
Address
150 Rust Ave, Holly Springs, MS 38635-2330

Signing Officer

Name
Daarel Burnette
Title
Vice-President For Finance
Phone
6622528000
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daarel Burnette
Formed
1866
Legal Domicile
Ms
Voting Board Members
20
Independent Board Members
20
Employees
173
Volunteers
1

Preparer

Firm
Booker T Camper Jr CPA
Address
1067 E Raines Rd, Memphis, TN 38116
Preparer
Booker Camper
Phone
9018312988
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Other Costs”

Form 990, Part XI, Line 9

“Contributions To Endowment-$729185, Investment Appreciation-$5372814, Construction In Progress- ($1220000)”

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/PersonNm0Dr Ivy R Taylor
IRS990/Form990PartVIISectionAGrp/PersonNm1Dr Daarel Burnette
IRS990/Form990PartVIISectionAGrp/PersonNm2Tiffani Perry
IRS990/Form990PartVIISectionAGrp/PersonNm3Dr Dartell Treadwell
IRS990/Form990PartVIISectionAGrp/PersonNm4Dr Doris Ward
IRS990/Form990PartVIISectionAGrp/PersonNm5Dr Ishmell Edwards
IRS990/Form990PartVIISectionAGrp/PersonNm6Larry Anderson
IRS990/Form990PartVIISectionAGrp/PersonNm7Dr Kenneth Bedell
IRS990/Form990PartVIISectionAGrp/PersonNm8Barbara Belfoure
IRS990/Form990PartVIISectionAGrp/PersonNm9Margaret Borgen
IRS990/Form990PartVIISectionAGrp/PersonNm10Thomas Brown
IRS990/Form990PartVIISectionAGrp/PersonNm11Dr Darrell Ezell
IRS990/Form990PartVIISectionAGrp/PersonNm12George Holden
IRS990/Form990PartVIISectionAGrp/PersonNm13Dr Wesley E Jones
IRS990/Form990PartVIISectionAGrp/PersonNm14Patricia Bruce Lowe
IRS990/Form990PartVIISectionAGrp/PersonNm15Dr Joe May
IRS990/Form990PartVIISectionAGrp/PersonNm16Dr William Nelson
IRS990/Form990PartVIISectionAGrp/PersonNm17Dr Dorothy Pennington
IRS990/Form990PartVIISectionAGrp/PersonNm18Cecelia Wilson Sawyer
IRS990/Form990PartVIISectionAGrp/PersonNm19Dr Deborah B Smith
IRS990/Form990PartVIISectionAGrp/PersonNm20Dr David Swinton
IRS990/Form990PartVIISectionAGrp/PersonNm21Dr Barrie Tritle
IRS990/Form990PartVIISectionAGrp/PersonNm22Rev Robert Ward
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0220000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1120000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2115500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3115500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt487093
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt586275
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/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
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/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Interim Vice President for Finance
IRS990/Form990PartVIISectionAGrp/TitleTxt2Chief of Staff
IRS990/Form990PartVIISectionAGrp/TitleTxt3Assistant to the President For Strategic Initiative
IRS990/Form990PartVIISectionAGrp/TitleTxt4Interim Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt5Vice President for College Relations
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt11Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt12Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt13Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt14Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt15Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt16Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt17Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt18Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt19Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt20Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt21Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt22Board Member
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01866
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GovernmentGrantsAmt02306942
IRS990/GrantAmt00
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt022679674
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0791
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt033102
IRS990/InformationTechnologyGrp/ProgramServicesAmt0442464
IRS990/InformationTechnologyGrp/TotalAmt0476357
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt0342070
IRS990/InsuranceGrp/TotalAmt0342070
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0735612
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0714349
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt08887
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt08887
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt048086719
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt058208960
IRS990/IRPDocumentCnt0173
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt023063350
IRS990/LandBldgEquipBasisNetGrp/BOYAmt012784236
IRS990/LandBldgEquipBasisNetGrp/EOYAmt013614253
IRS990/LandBldgEquipCostOrOtherBssAmt036677603
IRS990/LegalDomicileStateCd0MS
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt040947
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt040947
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0To provide four year college degree
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0894693
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0894693
IRS990/NetAssetsOrFundBalancesBOYAmt065335690
IRS990/NetAssetsOrFundBalancesEOYAmt073176077
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt050358428
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt054197334
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0393414
IRS990/OtherAssetsTotalGrp/EOYAmt0393414
IRS990/OtherChangesInNetAssetsAmt04881999
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt031041
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0215125
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01003123
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01249289
IRS990/OtherExpensesGrp/Desc0Supplies and Equipment
IRS990/OtherExpensesGrp/Desc1Food Services
IRS990/OtherExpensesGrp/Desc2Student Aid
IRS990/OtherExpensesGrp/Desc3Student Services
IRS990/OtherExpensesGrp/FundraisingAmt07315
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0158922
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt0958074
IRS990/OtherExpensesGrp/ProgramServicesAmt1629657
IRS990/OtherExpensesGrp/ProgramServicesAmt23192711
IRS990/OtherExpensesGrp/ProgramServicesAmt32039809
IRS990/OtherExpensesGrp/TotalAmt01124311
IRS990/OtherExpensesGrp/TotalAmt1629657
IRS990/OtherExpensesGrp/TotalAmt23192711

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$88,877,754
Liabilities
$15,701,677
Net assets
$73,176,077
Revenue
$22,679,674
Expenses
$19,721,286
Net income
$2,958,388
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$89.9$12.3$77.6$14.1$22.7$8.53
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$90.4$16.1$74.3$20.1$21.7$1.62
2022Detailed filing. Detailed filing data is available for this year.$82.9$14.2$68.7$22.7$21.9$0.83
2021Detailed filing. Detailed filing data is available for this year.$88.9$15.7$73.2$22.7$19.7$2.96
2020Detailed filing. Detailed filing data is available for this year.$77.4$12.0$65.3$17.3$18.3$1.08
2019Summary only. Only limited summary data is available for this year.$73.0$7.96$65.0$18.5$18.5$0.02
2018Detailed filing. Detailed filing data is available for this year.$70.4$8.74$61.6$17.9$17.1$0.83
2017Detailed filing. Detailed filing data is available for this year.$66.4$8.67$57.7$18.6$17.5$1.16
2016Detailed filing. Detailed filing data is available for this year.$60.9$8.45$52.5$17.0$16.1$0.85
2015Detailed filing. Detailed filing data is available for this year.$58.6$6.63$52.0$18.0$17.3$0.65
2014Detailed filing. Detailed filing data is available for this year.$57.6$7.29$50.3$17.1$16.7$0.41
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$52.5$7.16$45.4$16.7
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.3$6.47$41.9$15.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.4$6.76$41.6$16.0
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.1$6.12$38.0$16.9