Civic Intelligence

Henderson State University Foundation

990 • Fiscal year 2017 • EIN 71-0559008

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 14, 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

14th percentile

0.01x

Higher debt load relative to assets than 14% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

22nd percentile

0.07x

Higher debt load relative to revenue than 22% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

83rd percentile

28%

Higher net margin than 83% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

25th percentile

$109,147

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

72nd percentile

12%

Faster asset growth than 72% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

13th percentile

-16%

Faster revenue growth than 13% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$17,706,494

Up $1,842,715 (+12%) from 2016

Net Assets

Up

$17,527,857

Up $1,664,078 (+10%) from 2016

Liabilities

Up

$178,637

Up $178,637 from 2016

Revenue And Expenses
Liabilities / Revenue22nd percentileNet Margin83rd percentile

Revenue

Down

$2,462,429

Down $458,547 (-16%) from 2016

Expenses

Down

$1,775,040

Down $1,291,026 (-42%) from 2016

Net Income

Up

$687,389

Up $832,479 (+574%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth72nd 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

2017

Assets$17,706,494
Liabilities$178,637
Net Assets$17,527,857
Open 2017 Filing

Operations Trend

Revenue Growth13th 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

2017

Revenue$2,462,429
Expenses$1,775,040
Net Income$687,389
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$12,638,984
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$12,938,882$14,988,709▲ $2,049,827
Savings and Temporary Cash Investments$2,596,380$2,327,778▼ $268,602
Cash and Non-Interest-Bearing Accounts$119,197$235,142▲ $115,945
Pledges and Grants Receivable$189,152$119,318▼ $69,834
Accounts Receivable$1,001$20,213▲ $19,212
Prepaid Expenses and Deferred Charges$19,167$15,334▼ $3,833
Receivables From Officers Etc-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$15,863,779$17,706,494▲ $1,842,715
Liabilities
Accounts Payable and Accrued Expenses-$178,637-
Total Liabilities$0$178,637▲ $178,637
Net Assets / Fund Balance
Permanently Rstr Net Assets$10,560,599$11,148,970▲ $588,371
Temporarily Rstr Net Assets$5,164,816$6,216,908▲ $1,052,092
Unrestricted Net Assets$138,364$161,979▲ $23,615
Total Net Assets Fund Balance$15,863,779$17,527,857▲ $1,664,078
Total Liabilities and Net Assets / Fund Balance$15,863,779$17,706,494▲ $1,842,715

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$7,264$7,264
Investment Program Related Org$14,912,209--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$13,624,018$600,208▲ $1,512,251-$15,320,367
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
Compensation and Service Providers
Top Officer Pay25th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jennifer BoyettExecutive DirectorPT$29,213$79,934$109,147
Tanya DixonFoundation AdministratorFT$42,812-$42,812

Board Members and Trustees

NameTitle
Nathan GoodnightChair
Johnny HudsonPast Chair
Chris M WewersVice Chair
Anita CabeDirector
Carlton Buddy FormbyDirector
Deborah NolanDirector
Derek WebbDirector
Dr Alvin FutrellDirector
Dr Richard JacobsDirector
Jim GarlandDirector
Ross WhippleDirector
Tad KrugDirector
Tracy DukeDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,926,841
Program Service Revenue
$0
Investment Income
$535,588
Other Revenue
$0
All Other Contributions
$1,926,841
Change in Net Assets
$687,389

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,427,871
Revenue Not Reported on Financial Statements
$34,557
Revenue Not Reported on Form 990
$1,011,247
Total Revenue per Audited Statements
$3,439,118
Total Revenue per Form 990
$2,462,428
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,594,998
Other Expenses$99,676
Salaries, Compensation, and Employee Benefits$80,366
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,594,998--$1,594,998
Current Officers, Directors, Trustees, and Key Employees$49,731$30,635-$80,366
Information Technology-$40,552-$40,552
Fees for Services Accounting-$38,183-$38,183
Office Expenses-$4,639-$4,639
Occupancy-$3,833-$3,833
Insurance-$1,759-$1,759
Other Expenses-$404-$404
Total Functional Expenses$1,644,729$130,311$0$1,775,040

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,775,040
Total Expenses per Audited Statements$1,775,040
Total Expenses per Form 990$1,775,040
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.$1,594,998
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
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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 11B

“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
2017-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Boyett
Formed
1980
Legal Domicile
Ar
Voting Board Members
13
Independent Board Members
13
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 540 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0178637
IRS990/AccountsReceivableGrp/BOYAmt01001
IRS990/AccountsReceivableGrp/EOYAmt020213
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0The 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.
IRS990/AllOtherContributionsAmt01926841
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0Jennifer Boyett
IRS990/BooksInCareOfDetail/PhoneNum08702305347
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 7550
IRS990/BooksInCareOfDetail/USAddress/CityNm0Arkadelphia
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd071999
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0119197
IRS990/CashNonInterestBearingGrp/EOYAmt0235142
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt030635
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt049731
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt080366
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01926841
IRS990/CYGrantsAndSimilarPaidAmt01594998
IRS990/CYInvestmentIncomeAmt0535588
IRS990/CYOtherExpensesAmt099676
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0687389
IRS990/CYSalariesCompEmpBnftPaidAmt080366
IRS990/CYTotalExpensesAmt01775040
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02462429
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0Scholarships for students of Henderson State University.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0572775
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt038183
IRS990/FeesForServicesAccountingGrp/TotalAmt038183
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1325.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/PersonNm0Nathan Goodnight
IRS990/Form990PartVIISectionAGrp/PersonNm1Chris M Wewers
IRS990/Form990PartVIISectionAGrp/PersonNm2Deborah Nolan
IRS990/Form990PartVIISectionAGrp/PersonNm3Anita Cabe
IRS990/Form990PartVIISectionAGrp/PersonNm4Tracy Duke
IRS990/Form990PartVIISectionAGrp/PersonNm5Carlton Buddy Formby
IRS990/Form990PartVIISectionAGrp/PersonNm6Dr Alvin Futrell
IRS990/Form990PartVIISectionAGrp/PersonNm7Tad Krug
IRS990/Form990PartVIISectionAGrp/PersonNm8Ross Whipple
IRS990/Form990PartVIISectionAGrp/PersonNm9Johnny Hudson
IRS990/Form990PartVIISectionAGrp/PersonNm10Jim Garland
IRS990/Form990PartVIISectionAGrp/PersonNm11Derek Webb
IRS990/Form990PartVIISectionAGrp/PersonNm12Dr Richard Jacobs
IRS990/Form990PartVIISectionAGrp/PersonNm13Jennifer Boyett
IRS990/Form990PartVIISectionAGrp/PersonNm14Tanya Dixon
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/ReportableCompFromOrgAmt1329213
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1442812
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/ReportableCompFromRltdOrgAmt1379934
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Past Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Foundation Administrator
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01980
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-73917
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantAmt0572775
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01594998
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01594998
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt010102638
IRS990/GrossReceiptsAmt012638984
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt040552
IRS990/InformationTechnologyGrp/TotalAmt040552
IRS990/InsuranceGrp/ManagementAndGeneralAmt01759
IRS990/InsuranceGrp/TotalAmt01759
IRS990/InvestmentExpenseAmt0-34557
IRS990/InvestmentIncomeGrp/ExclusionAmt0609505
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0609505
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt012938882
IRS990/InvestmentsProgramRelatedGrp/EOYAmt014988709
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07264
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt07264
IRS990/LegalDomicileStateCd0AR
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt010176555
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt015863779
IRS990/NetAssetsOrFundBalancesEOYAmt017527857
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-73917
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-73917
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01011247
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt03833
IRS990/OccupancyGrp/TotalAmt03833
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04639
IRS990/OfficeExpensesGrp/TotalAmt04639
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Miscellaneous
IRS990/OtherExpensesGrp/Desc1Bank Fees
IRS990/OtherExpensesGrp/Desc2Postage
IRS990/OtherExpensesGrp/Desc3Taxes
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06532
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13286
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2488
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3404
IRS990/OtherExpensesGrp/TotalAmt06532
IRS990/OtherExpensesGrp/TotalAmt13286
IRS990/OtherExpensesGrp/TotalAmt2488
IRS990/OtherExpensesGrp/TotalAmt3404
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt010560599
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt011148970
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0189152
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0119318
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt019167
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015334
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/ExpenseAmt01071954
IRS990/ProgSrvcAccomActy2Grp/GrantAmt01022223
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02056579
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt02824984
IRS990/PYInvestmentIncomeAmt0864397
IRS990/PYOtherExpensesAmt0160809
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-145090
IRS990/PYSalariesCompEmpBnftPaidAmt080273
IRS990/PYTotalExpensesAmt03066066
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02920976
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0687389
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd01
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02596380
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02327778
IRS990ScheduleA/CollegeOrganizationInd0X
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/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01926841
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02056579
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01901548
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01342818
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01735510
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08963296
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0609505
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0767339
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0603658
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0394731
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0281135
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02656368
IRS990ScheduleA/PublicSupportCY170Pct00.68380
IRS990ScheduleA/PublicSupportTotal170Amt07945025
IRS990ScheduleA/SubstantialContributorsTotAmt01018271
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01926841
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02056579
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01901548
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01342818
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01735510
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08963296
IRS990ScheduleA/TotalSupportAmt011619664
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/BeginningYearBalanceAmt013624018
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0600208
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt015320367
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0416110
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01512251
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt013778167
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0482738
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt013624018
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0858351
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0222196
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0732
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt014022182
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0164726
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt013778167
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0595191
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0186450
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt010744569
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt010585648
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0315493
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0768224
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0611652
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt09847103
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt010744569
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0376865
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01274331
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01775040
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncldAmt034557
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt076500
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt114912209
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0Investment House
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1Securities At Various Brokerage Houses
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1F
IRS990ScheduleD/NetUnrealizedGainsInvstAmt01011247
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07264
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt07264
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.73000
IRS990ScheduleD/RevenueNotReportedAmt01011247
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt034557
IRS990ScheduleD/RevenueSubtotalAmt02427871
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/TermEndowmentBalanceEOYPct00.27000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueProgramRltdAmt014988709
IRS990ScheduleD/TotalExpensesPerForm990Amt01775040
IRS990ScheduleD/TotalRevenuePerForm990Amt02462428
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03439118
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01775040
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt01594998
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.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$17,706,494
Liabilities
$178,637
Net assets
$17,527,857
Revenue
$2,462,429
Expenses
$1,775,040
Net income
$687,389
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