Civic Intelligence

Henderson State University Foundation

990 • Fiscal year 2016 • EIN 71-0559008

Jul 01, 2015 to Jun 30, 2016 • Filed on Jan 25, 2017

Organization ProfileN/A
PO Box 7550Arkadelphia, AR 71999

(870) 230-5347

Siviq Scores

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

Liabilities / Assets

4th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

4th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

23rd percentile

-5.0%

Higher net margin than 23% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

25th percentile

$109,453

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

20th percentile

-4.4%

Faster asset growth than 20% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

77th percentile

16%

Faster revenue growth than 77% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets4th percentile

Assets

Down

$15,863,779

Down $729,081 (-4.4%) from 2015

Net Assets

Down

$15,863,779

Down $729,081 (-4.4%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue4th percentileNet Margin23rd percentile

Revenue

Up

$2,920,976

Up $402,221 (+16%) from 2015

Expenses

Up

$3,066,066

Up $1,417,730 (+86%) from 2015

Net Income

Down

-$145,090

Down $1,015,509 (-117%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

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

$40M$30M$20M$10M$0Assets 2011: $12,696,012Liabilities 2011: $0Net Assets 2011: $12,696,0122011Assets 2012: $13,336,016Liabilities 2012: $0Net Assets 2012: $13,336,0162012Assets 2013: $14,324,774Liabilities 2013: $0Net Assets 2013: $14,324,7742013Assets 2014: $15,012,789Liabilities 2014: $0Net Assets 2014: $15,012,7892014Assets 2015: $16,592,860Liabilities 2015: $0Net Assets 2015: $16,592,8602015Assets 2016: $15,863,779Liabilities 2016: $0Net Assets 2016: $15,863,7792016Assets 2017: $17,706,494Liabilities 2017: $178,637Net Assets 2017: $17,527,8572017Assets 2018: $19,594,997Liabilities 2018: $212,160Net Assets 2018: $19,382,8372018Assets 2019: $21,018,609Liabilities 2019: $0Net Assets 2019: $21,018,6092019Assets 2020: $22,488,060Liabilities 2020: $0Net Assets 2020: $22,488,0602020Assets 2021: $26,733,633Liabilities 2021: $56,015Net Assets 2021: $26,677,6182021Assets 2022: $24,967,380Liabilities 2022: $297,337Net Assets 2022: $24,670,0432022Assets 2023: $26,351,693Liabilities 2023: $226,210Net Assets 2023: $26,125,4832023Assets 2024: $29,791,451Liabilities 2024: $50,580Net Assets 2024: $29,740,8712024Assets 2025: $32,859,183Liabilities 2025: $0Net Assets 2025: $32,859,1832025

Highlighted filing

2016

Assets$15,863,779
Liabilities$0
Net Assets$15,863,779
Open 2016 Filing

Operations Trend

Revenue Growth77th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,354,014Expenses 2011: $1,653,205Net Income 2011: -$299,1912011Revenue 2012: $1,438,804Expenses 2012: $798,799Net Income 2012: $640,0052012Revenue 2013: $2,009,935Expenses 2013: $1,021,177Net Income 2013: $988,7582013Revenue 2014: $1,898,563Expenses 2014: $1,236,143Net Income 2014: $662,4202014Revenue 2015: $2,518,755Expenses 2015: $1,648,336Net Income 2015: $870,4192015Revenue 2016: $2,920,976Expenses 2016: $3,066,066Net Income 2016: -$145,0902016Revenue 2017: $2,462,429Expenses 2017: $1,775,040Net Income 2017: $687,3892017Revenue 2018: $2,823,353Expenses 2018: $1,558,322Net Income 2018: $1,265,0312018Revenue 2019: $3,049,943Expenses 2019: $2,072,125Net Income 2019: $977,8182019Revenue 2020: $3,694,783Expenses 2020: $2,213,345Net Income 2020: $1,481,4382020Revenue 2021: $2,533,598Expenses 2021: $2,631,216Net Income 2021: -$97,6182021Revenue 2022: $4,206,490Expenses 2022: $2,298,844Net Income 2022: $1,907,6462022Revenue 2023: $1,452,780Expenses 2023: $1,868,032Net Income 2023: -$415,2522023Revenue 2024: $2,739,079Expenses 2024: $2,454,628Net Income 2024: $284,4512024Revenue 2025: $2,826,018Expenses 2025: $2,838,660Net Income 2025: -$12,6422025

Highlighted filing

2016

Revenue$2,920,976
Expenses$3,066,066
Net Income-$145,090
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jan 25, 2017
Return Version
2015v3.0
Gross Receipts
$3,496,853
Mission and Program Overview

Mission

The Foundation's purpose is to receive, solicit, accept and hold, administer, invest and disburse property and funds for the educational mission of Henderson State University. The Foundation provides HSU with resources not provided by public funds.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$13,406,171$12,938,882▼ $467,289
Savings and Temporary Cash Investments$2,867,501$2,596,380▼ $271,121
Pledges and Grants Receivable$155,385$189,152▲ $33,767
Cash and Non-Interest-Bearing Accounts$68,503$119,197▲ $50,694
Land, Buildings, and Equipment, Net$90,776$0▼ $90,776
Prepaid Expenses and Deferred Charges-$19,167-
Accounts Receivable$4,524$1,001▼ $3,523
Total Assets$16,592,860$15,863,779▼ $729,081
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Permanently Rstr Net Assets$11,005,755$10,560,599▼ $445,156
Temporarily Rstr Net Assets$5,482,847$5,164,816▼ $318,031
Unrestricted Net Assets$104,258$138,364▲ $34,106
Total Net Assets Fund Balance$16,592,860$15,863,779▼ $729,081
Total Liabilities and Net Assets / Fund Balance$16,592,860$15,863,779▼ $729,081

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$7,264$7,264
Investment Program Related Org$12,862,382--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$13,778,167$482,738▲ $222,196$732$13,624,018
2014$14,022,182$164,726▲ $186,450-$13,778,167
2013$10,744,569-▲ $768,224$611,652$10,585,648
2012$9,847,103-▲ $1,274,331-$10,744,569
2011$9,408,089-▲ $768,012-$9,847,103
Compensation and Service Providers
Top Officer Pay25th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jennifer BoyettExecutive DirectorPT$28,750$80,703$109,453
Tanya DixonFoundation AdministratorFT$42,604$4,281$46,885

Board Members and Trustees

NameTitle
Nathan GoodnightChair
Johnny HudsonPast Chair
Chris M WewersVice Chair
Anita CabeDirector
Carlton Buddy FormbyDirector
Deborah NolanDirector
Dr Alvin FutrellDirector
Ross WhippleDirector
Tad KrugDirector
Tracy DukeDirector
Dr Glen JonesEx-Officio
Revenue and Support

Revenue Composition

Contributions and Grants
$2,056,579
Program Service Revenue
$0
Investment Income
$864,397
Other Revenue
$0
All Other Contributions
$2,056,579
Change in Net Assets
$-145,090

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,920,977
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-583,992
Total Revenue per Audited Statements
$2,336,985
Total Revenue per Form 990
$2,920,977
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,824,984
Other Expenses$160,809
Salaries, Compensation, and Employee Benefits$80,273
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,824,984--$2,824,984
Current Officers, Directors, Trustees, and Key Employees$44,765$35,508-$80,273
Fees for Services Accounting-$57,180-$57,180
Information Technology-$23,208-$23,208
Occupancy-$5,973-$5,973
Insurance-$4,477-$4,477
Office Expenses-$4,288-$4,288
Depreciation Depletion-$2,092-$2,092
Other Expenses-$154-$154
Total Functional Expenses$2,869,749$196,317$0$3,066,066

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,066,066
Total Expenses per Audited Statements$3,066,066
Total Expenses per Form 990$3,066,066
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Henderson State UniversityArkadelphia, AR115To fund student scholarships and provide other financial assistance.$2,824,984
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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 11

“The Executive Director reviews the Form 990 and related schedules before signing and mailing.”

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

“Officers and Directors are asked to submit a list of potential conflicts, if any, annually.”

Form 990, Part VI, Section B, line 15

“All salaries of the foundation are approved by the Board annually.”

Form 990, Part VI, Section C, line 19

“Governing documents, conflict of interest policy and financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Henderson State University Foundation
EIN
71-0559008
Phone
8702305347
Address
PO Box 7550, Arkadelphia, AR 71999

Signing Officer

Name
Jennifer Boyett
Title
Executive Director
Phone
8702305347
Signed
2017-01-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Boyett
Formed
1980
Legal Domicile
Ar
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
10

Preparer

Firm
Thomas & Thomas LLP
Address
201 E Markham Suite 500, Little Rock, AR 72201
Preparer
Sherry Chesser CPA
Phone
5013752025
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

“Henderson State University Foundation is a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code and is not a private foundation. Accounting standards require the Foundation to evaluate tax positions and recognize a tax liability (or asset) if the Foundation has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. The Foundation has analyzed the tax positions taken and has concluded that as of June 30, 2016 and 2015, there are no uncertain positions taken or expected to be taken that would require the recognition of a liability (or asset) or disclosure in the financial statements. The Foundation may be subject to audit by the Internal Revenue Service; however, there are currently no audits for any tax periods in progress.”

Raw XML AppendixShowing 400 of 523 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/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt05973
IRS990/OccupancyGrp/TotalAmt05973
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04288
IRS990/OfficeExpensesGrp/TotalAmt04288
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Bank Fees
IRS990/OtherExpensesGrp/Desc1Miscellaneous
IRS990/OtherExpensesGrp/Desc2Postage
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt062638
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1799
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2154
IRS990/OtherExpensesGrp/TotalAmt062638
IRS990/OtherExpensesGrp/TotalAmt1799
IRS990/OtherExpensesGrp/TotalAmt2154
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt011005755
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt010560599
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0155385
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0189152
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt019167
IRS990/PrincipalOfficerNm0Jennifer Boyett
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0To promote development, growth, expansion, progress, accomplishment of education objectives, development of the physical plant, improvement of faculty and staff and aid to Henderson State University.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt02187808
IRS990/ProgSrvcAccomActy2Grp/GrantAmt02143043
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01901548
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01477657
IRS990/PYInvestmentIncomeAmt0617207
IRS990/PYOtherExpensesAmt0108759
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0870419
IRS990/PYSalariesCompEmpBnftPaidAmt061920
IRS990/PYTotalExpensesAmt01648336
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02518755
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-145090
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd01
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02867501
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02596380
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd00
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The Foundation operates exclusively for the benefit of Henderson State University, a state-owned university in Arkadelphia, AR. The financial assistance provided to Henderson State University is not in the form of grants, but instead is allocated to Henderson State University for student scholarships, to fulfill donor intentions and to assist the University as needed.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Page 5, Section E, Line 2A
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0716000286
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt02824984
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Henderson State University
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt02824984
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt013778167
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0482738
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt013624018
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0858351
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0222196
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0732
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt014022182
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0164726
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt013778167
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0595191
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0186450
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt010744569
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt010585648
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0315493
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0768224
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0611652
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt09847103
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt010744569
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0376865
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01274331
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt09408089
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt09847103
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0328998
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0768012
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03066066
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt076500
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt112862382
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0Investment House
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1Securities At Various Brokerage Houses
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1F
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-583992
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07264
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt07264
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.78000
IRS990ScheduleD/RevenueNotReportedAmt0-583992
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02920977
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Henderson State University Foundation is a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code and is not a private foundation. Accounting standards require the Foundation to evaluate tax positions and recognize a tax liability (or asset) if the Foundation has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. The Foundation has analyzed the tax positions taken and has concluded that as of June 30, 2016 and 2015, there are no uncertain positions taken or expected to be taken that would require the recognition of a liability (or asset) or disclosure in the financial statements. The Foundation may be subject to audit by the Internal Revenue Service; however, there are currently no audits for any tax periods in progress.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.22000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueProgramRltdAmt012938882
IRS990ScheduleD/TotalExpensesPerForm990Amt03066066
IRS990ScheduleD/TotalRevenuePerForm990Amt02920977
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02336985
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03066066
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt02824984
IRS990ScheduleI/RecipientTable/IRCSectionDesc0115
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0To fund student scholarships and provide other financial assistance.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Henderson State University
IRS990ScheduleI/RecipientTable/RecipientEIN0716000286
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01100 Henderson Street
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Arkadelphia
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0AR
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd071999
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0N/A
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The Foundation does not provide grants to the supported organization. The Foundation provides financial assistance to fund student scholarships and other needs of the University, as well as to direct funds to University projects per donor stipulations.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Executive Director reviews the Form 990 and related schedules before signing and mailing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Officers and Directors are asked to submit a list of potential conflicts, if any, annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All salaries of the foundation are approved by the Board annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Governing documents, conflict of interest policy and financial statements are made available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,863,779
Liabilities
$0
Net assets
$15,863,779
Revenue
$2,920,976
Expenses
$3,066,066
Net income
-$145,090
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.9$0.00$32.9$2.83$2.84$0.01
2024Detailed filing. Detailed filing data is available for this year.$29.8$0.05$29.7$2.74$2.45$0.28
2023Detailed filing. Detailed filing data is available for this year.$26.4$0.23$26.1$1.45$1.87$0.42
2022Detailed filing. Detailed filing data is available for this year.$25.0$0.30$24.7$4.21$2.30$1.91
2021Detailed filing. Detailed filing data is available for this year.$26.7$0.06$26.7$2.53$2.63$0.10
2020Detailed filing. Detailed filing data is available for this year.$22.5$0.00$22.5$3.69$2.21$1.48
2019Detailed filing. Detailed filing data is available for this year.$21.0$0.00$21.0$3.05$2.07$0.98
2018Detailed filing. Detailed filing data is available for this year.$19.6$0.21$19.4$2.82$1.56$1.27
2017Detailed filing. Detailed filing data is available for this year.$17.7$0.18$17.5$2.46$1.78$0.69
2016Detailed filing. Detailed filing data is available for this year.$15.9$0.00$15.9$2.92$3.07$0.15
2015Detailed filing. Detailed filing data is available for this year.$16.6$0.00$16.6$2.52$1.65$0.87
2014Summary only. Only limited summary data is available for this year.$15.0$0.00$15.0$1.90$1.24$0.66
2013Summary only. Only limited summary data is available for this year.$14.3$0.00$14.3$2.01$1.02$0.99
2012Summary only. Only limited summary data is available for this year.$13.3$0.00$13.3$1.44$0.80$0.64
2011Summary only. Only limited summary data is available for this year.$12.7$0.00$12.7$1.35$1.65$0.30