Civic Intelligence

Henderson State University Foundation

990 • Fiscal year 2018 • EIN 71-0559008

Jul 01, 2017 to Jun 30, 2018 • Filed on Jan 31, 2019

Organization Profilewww.hsu.edu/foundation
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.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

23rd percentile

0.08x

Higher debt load relative to revenue than 23% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

89th percentile

45%

Higher net margin than 89% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

27th percentile

$116,850

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

75th percentile

11%

Faster asset growth than 75% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

72nd percentile

15%

Faster revenue growth than 72% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$19,594,997

Up $1,888,503 (+11%) from 2017

Net Assets

Up

$19,382,837

Up $1,854,980 (+11%) from 2017

Liabilities

Up

$212,160

Up $33,523 (+19%) from 2017

Revenue And Expenses
Liabilities / Revenue23rd percentileNet Margin89th percentile

Revenue

Up

$2,823,353

Up $360,924 (+15%) from 2017

Expenses

Down

$1,558,322

Down $216,718 (-12%) from 2017

Net Income

Up

$1,265,031

Up $577,642 (+84%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth75th 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

2018

Assets$19,594,997
Liabilities$212,160
Net Assets$19,382,837
Open 2018 Filing

Operations Trend

Revenue Growth72nd 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

2018

Revenue$2,823,353
Expenses$1,558,322
Net Income$1,265,031
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jan 31, 2019
Return Version
2017v2.3
Gross Receipts
$5,529,316
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 in Publicly Traded Securities$14,912,209$16,596,359▲ $1,684,150
Savings and Temporary Cash Investments$2,327,778$1,844,997▼ $482,781
Pledges and Grants Receivable$119,318$570,611▲ $451,293
Cash and Non-Interest-Bearing Accounts$235,142$492,176▲ $257,034
Land, Buildings, and Equipment, Net$76,500$76,500→ $0
Prepaid Expenses and Deferred Charges$15,334$11,500▼ $3,834
Accounts Receivable$20,213$2,854▼ $17,359
Total Assets$17,706,494$19,594,997▲ $1,888,503
Liabilities
Accounts Payable and Accrued Expenses$178,637$212,160▲ $33,523
Total Liabilities$178,637$212,160▲ $33,523
Net Assets / Fund Balance
Permanently Rstr Net Assets$11,148,970$11,497,065▲ $348,095
Temporarily Rstr Net Assets$6,216,908$7,697,341▲ $1,480,433
Unrestricted Net Assets$161,979$188,431▲ $26,452
Total Net Assets Fund Balance$17,527,857$19,382,837▲ $1,854,980
Total Liabilities and Net Assets / Fund Balance$17,706,494$19,594,997▲ $1,888,503

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$7,264$7,264
Land$76,500--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$15,320,367$357,180▲ $1,043,821-$16,285,035
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
Compensation and Service Providers
Top Officer Pay27th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jennifer BoyettExecutive DirectorPT$26,978$89,872$116,850
Tanya DixonFoundation AdministratorFT$43,644$4,435$48,079

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
$2,284,530
Program Service Revenue
$0
Investment Income
$538,823
Other Revenue
$0
All Other Contributions
$2,284,530
Change in Net Assets
$1,265,031

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded10$190,219Market Value
Total Noncash Contributions10$190,219-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,738,482
Revenue Not Reported on Financial Statements
$84,871
Revenue Not Reported on Form 990
$589,949
Total Revenue per Audited Statements
$3,328,431
Total Revenue per Form 990
$2,823,353
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,315,752
Other Expenses$161,753
Salaries, Compensation, and Employee Benefits$80,817
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,315,752--$1,315,752
Fees for Service Investment Mgmnt Fees$84,871--$84,871
Current Officers, Directors, Trustees, and Key Employees$38,892$35,743-$74,635
Fees for Services Accounting-$36,450-$36,450
Information Technology-$25,380-$25,380
Payroll Taxes$3,222$2,960-$6,182
Occupancy-$4,367-$4,367
Office Expenses-$3,067-$3,067
Insurance-$1,763-$1,763
Other Expenses-$408-$408
Total Functional Expenses$1,442,737$115,585$0$1,558,322

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,558,322
Expenses per Audited Statements$1,473,451
Total Expenses per Audited Statements$1,473,451
Expenses Not Reported on Financial Statements$84,871
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.$1,315,752
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
Backup withholding compliance
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
2019-01-31
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
15

Preparer

Firm
Landmark PLC CPAs
Address
201 E Markham Suite 500, Little Rock, AR 72201
Preparer
Sherry Chesser CPA
Phone
5013752025
Supplemental Narrative

Financial Statement Notes

Part V, Line 4:

“i. Endowment funds held by the Foundation are intended to be used to further its mission of supporting the activities of Henderson State University by the provision of funding for scholarships, capital projects, athletic endeavors, and other activities.”

Part X, Line 2:

“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, 2018 and 2017, 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 538 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/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
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IRS990/InformationTechnologyGrp/TotalAmt025380
IRS990/InsuranceGrp/ManagementAndGeneralAmt01763
IRS990/InsuranceGrp/TotalAmt01763
IRS990/InvestmentIncomeGrp/ExclusionAmt0386951
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0386951
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt014912209
IRS990/InvestmentsPubTradedSecGrp/EOYAmt016596359
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07264
IRS990/LandBldgEquipBasisNetGrp/BOYAmt076500
IRS990/LandBldgEquipBasisNetGrp/EOYAmt076500
IRS990/LandBldgEquipCostOrOtherBssAmt083764
IRS990/LegalDomicileStateCd0AR
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt02705963
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/NetAssetsOrFundBalancesBOYAmt017527857
IRS990/NetAssetsOrFundBalancesEOYAmt019382837
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0151872
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0151872
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0589949
IRS990/NoncashContributionsAmt0190219
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt04367
IRS990/OccupancyGrp/TotalAmt04367
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03067
IRS990/OfficeExpensesGrp/TotalAmt03067
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Operating Expenses
IRS990/OtherExpensesGrp/Desc1Miscellaneous
IRS990/OtherExpensesGrp/Desc2Taxes
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05039
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1408
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2408
IRS990/OtherExpensesGrp/TotalAmt05039
IRS990/OtherExpensesGrp/TotalAmt1408
IRS990/OtherExpensesGrp/TotalAmt2408
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02960
IRS990/PayrollTaxesGrp/ProgramServicesAmt03222
IRS990/PayrollTaxesGrp/TotalAmt06182
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt011148970
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt011497065
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0119318
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0570611
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015334
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011500
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/ExpenseAmt01129413
IRS990/ProgSrvcAccomActy2Grp/GrantAmt01002428
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01926841
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01594998
IRS990/PYInvestmentIncomeAmt0535588
IRS990/PYOtherExpensesAmt099676
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0687389
IRS990/PYSalariesCompEmpBnftPaidAmt080366
IRS990/PYTotalExpensesAmt01775040
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02462429
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01265031
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02327778
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01844997
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The Foundation operates exclusively for the benefit of Henderson State University, a state-owned university in Arkadelphia, Arkansas. 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/CurrentTaxYearAmt02284530
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01926841
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02056579
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01901548
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01342818
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt09512316
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0386951
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0609505
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0767339
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0603658
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0394731
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02762184
IRS990ScheduleA/PublicSupportCY170Pct00.65980
IRS990ScheduleA/PublicSupportPY170Pct00.68380
IRS990ScheduleA/PublicSupportTotal170Amt08099069
IRS990ScheduleA/SubstantialContributorsTotAmt01413247
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02284530
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01926841
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02056579
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01901548
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01342818
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt09512316
IRS990ScheduleA/TotalSupportAmt012274500
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt015320367
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0357180
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt016285035
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0436333
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01043821
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt013624018
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0600208
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt015320367
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0416110
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01512251
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt013778167
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0482738
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt013624018
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0858351
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0222196
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0732
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt014022182
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0164726
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt013778167
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0595191
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0186450
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt010744569
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt010585648
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0315493
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0768224
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0611652
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt084871
IRS990ScheduleD/ExpensesSubtotalAmt01473451
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt084871
IRS990ScheduleD/InvestmentExpensesNotIncldAmt084871
IRS990ScheduleD/LandGrp/BookValueAmt076500
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt076500
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0589949
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07264
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt07264
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.71000
IRS990ScheduleD/RevenueNotReportedAmt0589949
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt084871
IRS990ScheduleD/RevenueSubtotalAmt02738482
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0i. Endowment funds held by the Foundation are intended to be used to further its mission of supporting the activities of Henderson State University by the provision of funding for scholarships, capital projects, athletic endeavors, and other activities.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Accounting 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, 2018 and 2017, 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 V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X, Line 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.29000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt076500
IRS990ScheduleD/TotalExpensesPerForm990Amt01558322
IRS990ScheduleD/TotalRevenuePerForm990Amt02823353
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03328431
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01473451
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt01315752
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:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt010

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$19,594,997
Liabilities
$212,160
Net assets
$19,382,837
Revenue
$2,823,353
Expenses
$1,558,322
Net income
$1,265,031
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