Civic Intelligence

Black and Gold Facilities Inc

990 • Fiscal year 2017 • EIN 71-1002961

Jul 01, 2016 to Jun 30, 2017 • Filed on May 01, 2018

Organization Profilewww.gram.edu
PO Box 587Grambling, LA 71245

(318) 274-6406

Siviq Scores

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

Liabilities / Assets

96th percentile

1.20x

Higher debt load relative to assets than 96% of similar nonprofits.

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

Liabilities / Revenue

56th percentile

0.30x

Higher debt load relative to revenue than 56% of similar nonprofits.

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

Net Margin

95th percentile

67%

Higher net margin than 95% of similar nonprofits.

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

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

1st percentile

-95%

Faster asset growth than 1% of similar nonprofits.

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

Revenue Growth

89th percentile

56%

Faster revenue growth than 89% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$4,019,250

Down $84,469,515 (-95%) from 2016

Net Assets

Up

-$798,438

Up $10,855,825 (+93%) from 2016

Liabilities

Down

$4,817,688

Down $95,325,340 (-95%) from 2016

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin95th percentile

Revenue

Up

$16,109,131

Up $5,809,030 (+56%) from 2016

Expenses

Down

$5,253,306

Down $6,566,897 (-56%) from 2016

Net Income

Up

$10,855,825

Up $12,375,927 (+814%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$150M$100M$50M$0-$50MAssets 2011: $104,649,541Liabilities 2011: $107,972,154Net Assets 2011: -$3,322,6132011Assets 2012: $101,222,745Liabilities 2012: $106,654,624Net Assets 2012: -$5,431,8792012Assets 2013: $98,505,482Liabilities 2013: $105,141,689Net Assets 2013: -$6,636,2072013Assets 2014: $95,612,389Liabilities 2014: $103,480,240Net Assets 2014: -$7,867,8512014Assets 2015: $91,618,069Liabilities 2015: $101,752,230Net Assets 2015: -$10,134,1612015Assets 2016: $88,488,765Liabilities 2016: $100,143,028Net Assets 2016: -$11,654,2632016Assets 2017: $4,019,250Liabilities 2017: $4,817,688Net Assets 2017: -$798,4382017Assets 2018: $3,797,036Liabilities 2018: $4,608,581Net Assets 2018: -$811,5452018Assets 2019: $3,671,493Liabilities 2019: $4,486,301Net Assets 2019: -$814,8082019Assets 2020: $358,503Liabilities 2020: $0Net Assets 2020: $358,5032020Assets 2021: $358,503Liabilities 2021: $0Net Assets 2021: $358,5032021Assets 2022: $358,503Liabilities 2022: $0Net Assets 2022: $358,5032022Assets 2023: $387,505Liabilities 2023: $0Net Assets 2023: $387,5052023Assets 2024: $2,771,647Liabilities 2024: $94,904Net Assets 2024: $2,676,7432024

Highlighted filing

2017

Assets$4,019,250
Liabilities$4,817,688
Net Assets-$798,438
Open 2017 Filing

Operations Trend

Revenue Growth89th percentile

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2011: $11,674,5792011Expenses 2012: $12,743,1402012Revenue 2013: $10,338,699Expenses 2013: $12,258,708Net Income 2013: -$1,920,0092013Revenue 2014: $11,503,041Expenses 2014: $11,942,254Net Income 2014: -$439,2132014Revenue 2015: $9,847,075Expenses 2015: $12,611,574Net Income 2015: -$2,764,4992015Revenue 2016: $10,300,101Expenses 2016: $11,820,203Net Income 2016: -$1,520,1022016Revenue 2017: $16,109,131Expenses 2017: $5,253,306Net Income 2017: $10,855,8252017Revenue 2018: $423,673Expenses 2018: $436,780Net Income 2018: -$13,1072018Revenue 2019: $421,669Expenses 2019: $424,932Net Income 2019: -$3,2632019Revenue 2020: $1,233,853Expenses 2020: $60,542Net Income 2020: $1,173,3112020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $29,002Expenses 2023: $0Net Income 2023: $29,0022023Revenue 2024: $2,295,858Expenses 2024: $27,614Net Income 2024: $2,268,2442024

Highlighted filing

2017

Revenue$16,109,131
Expenses$5,253,306
Net Income$10,855,825
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 1, 2018
Return Version
2016v3.0
Gross Receipts
$16,109,131
Mission and Program Overview

Mission

To promote, assist and benefit the mission of grambling state university by engaging in any lawful activity.

To promote, assist and benefit the mission of grambling state university.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$62,795,906$3,188,162▼ $59,607,744
Accounts Receivable$2,558,396$0▼ $2,558,396
Investments in Publicly Traded Securities$17,993,959$725,257▼ $17,268,702
Prepaid Expenses and Deferred Charges$143,844$0▼ $143,844
Intangible Assets$3,922,929$91,828▼ $3,831,101
Cash and Non-Interest-Bearing Accounts$1,073,731$14,003▼ $1,059,728
Total Assets$88,488,765$4,019,250▼ $84,469,515
Liabilities
Tax Exempt Bond Liabilities$96,240,212$4,748,210▼ $91,492,002
Accounts Payable and Accrued Expenses$1,295,992$0▼ $1,295,992
Other Liabilities$2,606,824$69,478▼ $2,537,346
Total Liabilities$100,143,028$4,817,688▼ $95,325,340
Net Assets / Fund Balance
Unrestricted Net Assets$-11,654,263$-798,438▲ $10,855,825
Total Net Assets Fund Balance$-11,654,263$-798,438▲ $10,855,825
Total Liabilities and Net Assets / Fund Balance$88,488,765$4,019,250▼ $84,469,515

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,854,133$1,323,190$4,177,323
Land$334,029-$334,029
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
janet d barneschair
Willie HendricksMember
tommy carrmember
Revenue and Support

Revenue Composition

Contributions and Grants
$9,828,501
Program Service Revenue
$6,212,783
Investment Income
$1,910
Other Revenue
$65,937
Change in Net Assets
$10,855,825

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,109,131
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$16,109,131
Total Revenue per Form 990
$16,109,131
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,067,181
Salaries, Compensation, and Employee Benefits$186,125
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$2,071,808--$2,071,808
Depreciation Depletion$1,549,126--$1,549,126
Fees for Services Management-$243,747-$243,747
Other Salaries and Wages-$151,973-$151,973
Insurance$95,819--$95,819
Other Expenses$21,700--$21,700
Other Employee Benefits-$18,180-$18,180
Fees for Services Accounting-$17,500-$17,500
Payroll Taxes-$12,353-$12,353
Office Expenses$11,792--$11,792
All Other Expenses$10,862--$10,862
Pension Plan Contributions-$3,619-$3,619
Travel-$2,166-$2,166
Advertising$744--$744
Total Functional Expenses$4,803,768$449,538$0$5,253,306

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,221,396
Total Expenses per Audited Statements$5,221,396
Total Expenses per Form 990$5,221,396
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Bond Interest$69,478

Bond Issues

BondIssuerIssuedIssue PricePurpose
ALouisiana Public Facility Authority2006-12-28$5,700,000Maintain university facilities

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$5,700,000-$905,000$150,892

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 board of directors for black and gold facilities, inc reviews the form 990.”

Form 990, Part VI, Section C, line 19

“Governing documents will be available upon request.”

Part VIII, Line 7

“Effective December 1, 2016, the Series 2006A Bonds and Series 2007A Bonds were fully defeased and all obligations of the Facilities with respect to the defeased bonds were discharged and satisfied at that time. In connection with the defeasance of the bonds, the Facilities transferred the ownership of the student housing facilities and all related interest in the student housing facilities to Grambling State University. The purchase price was equal to the principal of the Series 2006A Bonds and 2007A Bonds plus the interest and premium, if any, to accrue on such bonds until the redemption date.”

Part VIII, Line 11A

“During 2016, The Facilities' had water damage from a storm. The total insurance proceeds received were used for remedial damages (water removal, mildew, etc).”

Filing and Contact Details

Filer

Filer Name
Black and Gold Facilities Inc
EIN
71-1002961
Phone
3182746406
Address
PO BOX 587, GRAMBLING, LA 71245

Signing Officer

Name
Janet D Barnes
Title
Gp
Phone
3182746406
Signed
2018-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mrs Janet D Barnes
Formed
2006
Legal Domicile
La
Voting Board Members
3
Independent Board Members
3
Employees
22
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
3560 LENOX ROAD NE SUITE 2800, ATLANTA, GA 30326
Preparer
Linda T Rowland CPA
Phone
4048479447
Supplemental Narrative

Financial Statement Notes

schedule D, part X, line 2 schedule D, part X, line 2

“The Facilities have applied for and received a determination letter from the Internal Revenue Service (IRS) to be treated as a tax exempt entity pursuant to Section 501(c)(3) of the Internal Revenue Code and did not have any unrelated business income for the year ended June 30, 2017. Due to their tax exempt status, the Facilities are not subject to income taxes. Accordingly, these financial statements do not reflect a provision for income taxes and the Facilities have no other tax positions which must be considered for disclosure. The Facilities are required to file and do file tax returns with the IRS and other taxing authorities. Income tax returns filed by the Facilities are subject to examination by the Internal Revenue Service for a period of three years. While no income tax returns are currently being examined by the Internal Revenue Service, tax years since 2015 remain open.”

Raw XML AppendixShowing 400 of 470 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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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01910
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01772
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01757
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02140
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01908
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt09487
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt065937
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt09317
IRS990ScheduleA/OtherIncome170Grp/TotalAmt075254
IRS990ScheduleA/PublicSupportCY170Pct00.99820
IRS990ScheduleA/PublicSupportPY170Pct00.98960
IRS990ScheduleA/PublicSupportTotal170Amt046512405
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt06212783
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt010289012
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt09845318
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt026347113
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt016041284
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt010289012
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt09845318
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt010336791
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt046512405
IRS990ScheduleA/TotalSupportAmt046597146
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02854133
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01323190
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04177323
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05221396
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0334029
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0334029
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt069478
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED BOND INTEREST
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt016109131
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Facilities have applied for and received a determination letter from the Internal Revenue Service (IRS) to be treated as a tax exempt entity pursuant to Section 501(c)(3) of the Internal Revenue Code and did not have any unrelated business income for the year ended June 30, 2017. Due to their tax exempt status, the Facilities are not subject to income taxes. Accordingly, these financial statements do not reflect a provision for income taxes and the Facilities have no other tax positions which must be considered for disclosure. The Facilities are required to file and do file tax returns with the IRS and other taxing authorities. Income tax returns filed by the Facilities are subject to examination by the Internal Revenue Service for a period of three years. While no income tax returns are currently being examined by the Internal Revenue Service, tax years since 2015 remain open.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0schedule D, part x, line 2 schedule D, part x, line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03188162
IRS990ScheduleD/TotalExpensesPerForm990Amt05221396
IRS990ScheduleD/TotalLiabilityAmt069478
IRS990ScheduleD/TotalRevenuePerForm990Amt016109131
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt016109131
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05221396
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02006-12-28
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0720895871
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0noneavail
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt05700000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0LOUISIANA PUBLIC FACILITY AUTHORITY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0MAINTAIN UNIVERSITY FACILITIES
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt04823851
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt0725257
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0150892
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt0905000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt05700000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/UnspentAmt0725257
IRS990ScheduleN/DirectorOfSuccessor2Ind00
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0student housing facilities
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt0GRAMBLING STATE UNIVERSITY
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02016-12-01
IRS990ScheduleN/DispositionOfAssetsDetail/EIN0726000751
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt058202828
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt0115
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0ACTUAL COST WITH DEPRECIATION
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt0403 MAIN STREET
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0GRAMBLING
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0LA
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd071245
IRS990ScheduleN/EmployeeOfSuccessor2Ind00
IRS990ScheduleN/OwnerOfSuccessor2Ind00
IRS990ScheduleN/ReceiveCompensation2Ind00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS FOR BLACK AND GOLD FACILITIES, INC REVIEWS THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS WILL BE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Effective December 1, 2016, the Series 2006A Bonds and Series 2007A Bonds were fully defeased and all obligations of the Facilities with respect to the defeased bonds were discharged and satisfied at that time. In connection with the defeasance of the bonds, the Facilities transferred the ownership of the student housing facilities and all related interest in the student housing facilities to Grambling State University. The purchase price was equal to the principal of the Series 2006A Bonds and 2007A Bonds plus the interest and premium, if any, to accrue on such bonds until the redemption date.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3During 2016, The Facilities' had water damage from a storm. The total insurance proceeds received were used for remedial damages (water removal, mildew, etc).
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VIII, LINE 7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART VIII, LINE 11A
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0grambling state university
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0726000751
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0115
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0college
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0403 main street
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0grambling
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd071245
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt096240212
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt04748210
IRS990/TaxExemptBondsInd01
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt088488765
IRS990/TotalAssetsEOYAmt04019250
IRS990/TotalAssetsGrp/BOYAmt088488765
IRS990/TotalAssetsGrp/EOYAmt04019250
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt09828501
IRS990/TotalEmployeeCnt022
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0449538
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04803768
IRS990/TotalFunctionalExpensesGrp/TotalAmt05253306

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$4,019,250
Liabilities
$4,817,688
Net assets
-$798,438
Revenue
$16,109,131
Expenses
$5,253,306
Net income
$10,855,825
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.77$0.09$2.68$2.30$0.03$2.27
2023Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.03$0.00$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.36$0.00$0.36$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.36$0.00$0.36$0.00$0.00$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.36$0.00$0.36$1.23$0.06$1.17
2019Detailed filing. Detailed filing data is available for this year.$3.67$4.49$0.81$0.42$0.42$0.00
2018Detailed filing. Detailed filing data is available for this year.$3.80$4.61$0.81$0.42$0.44$0.01
2017Detailed filing. Detailed filing data is available for this year.$4.02$4.82$0.80$16.1$5.25$10.9
2016Summary only. Only limited summary data is available for this year.$88.5$100$11.7$10.3$11.8$1.52
2015Summary only. Only limited summary data is available for this year.$91.6$102$10.1$9.85$12.6$2.76
2014Detailed filing. Detailed filing data is available for this year.$95.6$103$7.87$11.5$11.9$0.44
2013Summary only. Only limited summary data is available for this year.$98.5$105$6.64$10.3$12.3$1.92
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$101$107$5.43$12.7
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$105$108$3.32$11.7