Civic Intelligence

Arkansas State University System Foundation Inc.

990 • Fiscal year 2012 • EIN 71-0489924

Jul 01, 2011 to Jun 30, 2012 • Filed on Feb 05, 2013

PO Box 199072467
Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$49,610,857

Flat from 2012

Net Assets

Flat

$40,213,098

Flat from 2012

Liabilities

Flat

$9,397,759

Flat from 2012

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$1,618,783

Flat from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$200M$150M$100M$50M$0Assets 2011: $40,289,364Liabilities 2011: $293,255Net Assets 2011: $39,996,1092011Assets 2012: $49,610,857Liabilities 2012: $9,397,759Net Assets 2012: $40,213,0982012Assets 2012: $49,610,857Liabilities 2012: $9,397,759Net Assets 2012: $40,213,0982012Assets 2013: $55,659,186Liabilities 2013: $10,089,497Net Assets 2013: $45,569,6892013Assets 2014: $63,983,938Liabilities 2014: $11,616,619Net Assets 2014: $52,367,3192014Assets 2015: $67,944,253Liabilities 2015: $12,561,222Net Assets 2015: $55,383,0312015Assets 2016: $68,545,637Liabilities 2016: $12,180,277Net Assets 2016: $56,365,3602016Assets 2017: $80,395,155Liabilities 2017: $12,649,605Net Assets 2017: $67,745,5502017Assets 2018: $96,866,338Liabilities 2018: $13,454,012Net Assets 2018: $83,412,3262018Assets 2019: $108,442,522Liabilities 2019: $19,983,371Net Assets 2019: $88,459,1512019Assets 2020: $112,475,208Liabilities 2020: $19,921,611Net Assets 2020: $92,553,5972020Assets 2021: $136,091,446Liabilities 2021: $16,460,536Net Assets 2021: $119,630,9102021Assets 2022: $121,901,814Liabilities 2022: $14,275,190Net Assets 2022: $107,626,6242022Assets 2023: $129,583,231Liabilities 2023: $14,966,629Net Assets 2023: $114,616,6022023Assets 2024: $167,464,277Liabilities 2024: $15,682,050Net Assets 2024: $151,782,2272024

Highlighted filing

2012

Assets$49,610,857
Liabilities$9,397,759
Net Assets$40,213,098

Operations Trend

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

$40M$30M$20M$10M$0Revenue 2011: $5,127,449Expenses 2011: $1,593,997Net Income 2011: $3,533,4522011Expenses 2012: $1,618,7832012Revenue 2012: $5,361,348Expenses 2012: $1,618,783Net Income 2012: $3,742,5652012Expenses 2013: $1,742,2972013Revenue 2014: $6,070,873Expenses 2014: $1,746,673Net Income 2014: $4,324,2002014Revenue 2015: $7,537,382Expenses 2015: $1,602,682Net Income 2015: $5,934,7002015Revenue 2016: $9,072,246Expenses 2016: $1,870,759Net Income 2016: $7,201,4872016Revenue 2017: $9,876,453Expenses 2017: $889,314Net Income 2017: $8,987,1392017Revenue 2018: $18,232,156Expenses 2018: $3,873,634Net Income 2018: $14,358,5222018Revenue 2019: $17,748,598Expenses 2019: $11,772,346Net Income 2019: $5,976,2522019Revenue 2020: $11,881,080Expenses 2020: $4,625,048Net Income 2020: $7,256,0322020Revenue 2021: $17,531,614Expenses 2021: $5,429,952Net Income 2021: $12,101,6622021Revenue 2022: $12,203,394Expenses 2022: $7,097,922Net Income 2022: $5,105,4722022Revenue 2023: $10,187,918Expenses 2023: $10,145,082Net Income 2023: $42,8362023Revenue 2024: $39,409,489Expenses 2024: $8,270,123Net Income 2024: $31,139,3662024

Highlighted filing

2012

Revenue-
Expenses$1,618,783
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Feb 5, 2013
Return Version
2011v1.2
Gross Receipts
$5,648,092
Mission and Program Overview

Mission

The primary purpose of The Arkansas State University System Foundation, Inc. (The Foundation) is to receive, solicit, accept and hold, administer, invest and disburse any and every kind of property for such education, scientific, literary, research and service activities from individuals and organizations, including foundations, government agencies, and private businesses, to support the corporation's activities, and it shall manage endowments given to the corporation for the benefit of all the Arkansas State University system campuses operations, sites and facilities.

Major Activities

Activity 2
Program title: administrative supportthe arkansas state university foundation, inc. Provides financial assistance to all member campuses of the arkansas state university system in support of administrative functions like academic affairs, student affairs, residence life, recruiting, counseling, facilities management, advancement, alumni relations, information technology, career management, disability services and diversity initiatives by supplementing university budgets for supplies and services, travel, equipment, technology, human resources and all other costs related to the university's administrative missions.
Activity 3
Program title: asu student supportthe arkansas state university foundation, inc. Provides financial assistance to students at all member campuses of the arkansas state university system through academic scholarships, awards, stipends, grants and general support for various student activities. The majority of financial assistance to students are made by way of transfers to arkansas state university.
Filing and Contact Details

Filer

EIN
71-0489924
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IRS990/LessCostOthBasisSalesExpenses/Securities0286744
IRS990/LoanToOfficerOrDQP00
IRS990/LobbyingActivities00
IRS990/LocalChapters00
IRS990/MaterialDiversionOrMisuse00
IRS990/MembersOrStockholders00
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees01
IRS990/MinutesOfGoverningBody01
IRS990/MissionDescription0THE ARKANSAS STATE UNIVERSITY FOUNDATION, INC. (THE FOUNDATION) IS A CHARITABLE CORPORATION CREATED UNDER AND OPERATING BY THE LAWS OF THE STATE OF ARKANSAS. THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)3 OF THE INTERNAL REVENUE CODE. THE TAXPAYER IDENTIFICATION NUMBER FOR THE FOUNDATION IS 71-0489924.AS DEFINED IN ITS BYLAWS, THE PRIMARY PURPOSE OF THE FOUNDATION IS TO RECEIVE, SOLICIT, ACCEPT AND HOLD, ADMINISTER, INVEST AND DISBURSE ANY AND EVERY KIND OF PROPERTY FOR SUCH EDUCATION, SCIENTIFIC, LITERARY, RESEARCH AND SERVICE ACTIVITIES FROM INDIVIDUALS AND ORGANIZATIONS, INCLUDING FOUNDATIONS, GOVERNMENT AGENCIES, AND PRIVATE BUSINESSES, TO SUPPORT THE CORPORATION'S ACTIVITIES, AND IT SHALL MANAGE ENDOWMENTS GIVEN TO THE CORPORATION FOR THE BENEFIT OF ALL THE ARKANSAS STATE UNIVERSITY SYSTEM CAMPUSES OPERATIONS, SITES AND FACILITIES.
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations00
IRS990/MortNotesPyblSecuredInvestProp/BOY024460
IRS990/MortNotesPyblSecuredInvestProp/EOY021423
IRS990/NameOfPrincipalOfficerPerson0PHILIP JACKSON
IRS990/NbrIndependentVotingMembers029
IRS990/NbrVotingGoverningBodyMembers030
IRS990/NbrVotingMembersGoverningBody030
IRS990/NetAssetsOrFundBalancesBOY039996109
IRS990/NetAssetsOrFundBalancesEOY040213098
IRS990/NetGainOrLossInvestments/RelatedOrExemptFunctionIncome0-14878
IRS990/NetGainOrLossInvestments/TotalRevenueColumn0-14878
IRS990/NetUnrelatedBusinessTxblIncome00
IRS990/NoncashContributions0798381
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith109600
IRS990/NumberIndependentVotingMembers029
IRS990/NumberIndividualsGT100K00
IRS990/NumberOf8282Filed00
IRS990/NumberOfContractorsGT100K00
IRS990/NumberOfEmployees00
IRS990/NumberW2GIncluded00
IRS990/OfficeExpenses/ManagementAndGeneral048
IRS990/OfficeExpenses/Total048
IRS990/OfficerEntityWithBsnssRltnshp00
IRS990/OfficerMailingAddress00
IRS990/Organization501c30X
IRS990/OtherAssetsTotal/BOY08368
IRS990/OtherAssetsTotal/EOY07500
IRS990/OtherEmployeeBenefits/ProgramServices027446
IRS990/OtherEmployeeBenefits/Total027446
IRS990/OtherExpensePriorYear01183586
IRS990/OtherExpensesCurrentYear01282088
IRS990/OtherExpenses/Description0OTHER EXPENSES
IRS990/OtherExpenses/Description1HONORARIUM & CONTRACT S
IRS990/OtherExpenses/Description2SUPPLIES
IRS990/OtherExpenses/Description3BUSINESS MEALS & ENTERT
IRS990/OtherExpenses/Fundraising0915
IRS990/OtherExpenses/Fundraising1170477
IRS990/OtherExpenses/Fundraising241033
IRS990/OtherExpenses/Fundraising324644
IRS990/OtherExpenses/ManagementAndGeneral03483
IRS990/OtherExpenses/ManagementAndGeneral115510
IRS990/OtherExpenses/ManagementAndGeneral220184
IRS990/OtherExpenses/ProgramServices0305728
IRS990/OtherExpenses/ProgramServices14110
IRS990/OtherExpenses/ProgramServices244663
IRS990/OtherExpenses/ProgramServices348274
IRS990/OtherExpenses/Total0310126
IRS990/OtherExpenses/Total1174587
IRS990/OtherExpenses/Total2101206
IRS990/OtherExpenses/Total393102
IRS990/OtherLiabilities/BOY09307689
IRS990/OtherLiabilities/EOY09338336
IRS990/OtherRevenueCurrentYear0956889
IRS990/OtherRevenueMisc/BusinessCode0611710
IRS990/OtherRevenueMisc/Description0OTHER REVENUE
IRS990/OtherRevenueMisc/ExclusionAmount0956889
IRS990/OtherRevenueMisc/TotalRevenueColumn0956889
IRS990/OtherRevenuePriorYear0699441

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$167$15.7$152$39.4$8.27$31.1
2023Detailed filing. Detailed filing data is available for this year.$130$15.0$115$10.2$10.1$0.04
2022Detailed filing. Detailed filing data is available for this year.$122$14.3$108$12.2$7.10$5.11
2021Detailed filing. Detailed filing data is available for this year.$136$16.5$120$17.5$5.43$12.1
2020Detailed filing. Detailed filing data is available for this year.$112$19.9$92.6$11.9$4.63$7.26
2019Detailed filing. Detailed filing data is available for this year.$108$20.0$88.5$17.7$11.8$5.98
2018Detailed filing. Detailed filing data is available for this year.$96.9$13.5$83.4$18.2$3.87$14.4
2017Detailed filing. Detailed filing data is available for this year.$80.4$12.6$67.7$9.88$0.89$8.99
2016Summary only. Only limited summary data is available for this year.$68.5$12.2$56.4$9.07$1.87$7.20
2015Detailed filing. Detailed filing data is available for this year.$67.9$12.6$55.4$7.54$1.60$5.93
2014Detailed filing. Detailed filing data is available for this year.$64.0$11.6$52.4$6.07$1.75$4.32
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$55.7$10.1$45.6$1.74
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$49.6$9.40$40.2$1.62
2012Summary only. Only limited summary data is available for this year.$49.6$9.40$40.2$5.36$1.62$3.74
2011Summary only. Only limited summary data is available for this year.$40.3$0.29$40.0$5.13$1.59$3.53