Civic Intelligence

Southeastern Louisiana University Foundation

990 • Fiscal year 2018 • EIN 72-6028821

Jul 01, 2017 to Jun 30, 2018 • Filed on Dec 06, 2018

Slu 10293Hammond, LA 70402

(985) 549-5223

Siviq Scores

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

Liabilities / Assets

51st percentile

0.29x

Higher debt load relative to assets than 51% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Liabilities / Revenue

89th percentile

3.28x

Higher debt load relative to revenue than 89% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Net Margin

41st percentile

1.6%

Higher net margin than 41% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Top Officer Pay

4th percentile

$0

Higher top officer pay than 4% of similar nonprofits.

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

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Asset Growth

34th percentile

-0.4%

Faster asset growth than 34% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Revenue Growth

2nd percentile

-61%

Faster revenue growth than 2% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Assets

Down

$60,466,307

Down $215,718 (-0.4%) from 2017

Net Assets

Up

$43,043,414

Up $408,460 (+1.0%) from 2017

Liabilities

Down

$17,422,893

Down $624,178 (-3.5%) from 2017

Revenue

Down

$5,311,373

Down $8,446,339 (-61%) from 2017

Expenses

Up

$5,225,649

Up $2,895,075 (+124%) from 2017

Net Income

Down

$85,724

Down $11,341,414 (-99%) from 2017

Historical Trend

Balance Sheet Trend

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

$100M$50M$0Assets 2010: $27,412,749Liabilities 2010: $3,420,462Net Assets 2010: $23,992,2872010Assets 2011: $29,848,355Liabilities 2011: $3,557,821Net Assets 2011: $26,290,5342011Assets 2012: $30,448,843Liabilities 2012: $3,454,953Net Assets 2012: $26,993,8902012Assets 2013: $42,682,241Liabilities 2013: $14,232,855Net Assets 2013: $28,449,3862013Assets 2014: $45,748,367Liabilities 2014: $15,482,109Net Assets 2014: $30,266,2582014Assets 2015: $46,262,290Liabilities 2015: $16,243,000Net Assets 2015: $30,019,2902015Assets 2016: $46,537,200Liabilities 2016: $16,528,188Net Assets 2016: $30,009,0122016Assets 2017: $60,682,025Liabilities 2017: $18,047,071Net Assets 2017: $42,634,9542017Assets 2018: $60,466,307Liabilities 2018: $17,422,893Net Assets 2018: $43,043,4142018Assets 2019: $63,738,731Liabilities 2019: $18,121,157Net Assets 2019: $45,617,5742019Assets 2020: $64,277,138Liabilities 2020: $18,482,750Net Assets 2020: $45,794,3882020Assets 2021: $82,942,109Liabilities 2021: $25,493,385Net Assets 2021: $57,448,7242021Assets 2022: $74,066,659Liabilities 2022: $23,901,044Net Assets 2022: $50,165,6152022Assets 2023: $80,958,231Liabilities 2023: $26,187,056Net Assets 2023: $54,771,1752023Assets 2024: $86,030,137Liabilities 2024: $24,615,907Net Assets 2024: $61,414,2302024Assets 2025: $97,447,403Liabilities 2025: $28,594,791Net Assets 2025: $68,852,6122025

Highlighted filing

2018

Assets$60,466,307
Liabilities$17,422,893
Net Assets$43,043,414

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $1,858,4532010Revenue 2011: $3,973,384Expenses 2011: $1,675,137Net Income 2011: $2,298,2472011Expenses 2012: $2,056,9552012Revenue 2013: $3,793,629Expenses 2013: $2,338,133Net Income 2013: $1,455,4962013Revenue 2014: $4,009,044Expenses 2014: $2,192,172Net Income 2014: $1,816,8722014Revenue 2015: $3,725,374Expenses 2015: $2,878,788Net Income 2015: $846,5862015Revenue 2016: $2,244,997Expenses 2016: $2,325,310Net Income 2016: -$80,3132016Revenue 2017: $13,757,712Expenses 2017: $2,330,574Net Income 2017: $11,427,1382017Revenue 2018: $5,311,373Expenses 2018: $5,225,649Net Income 2018: $85,7242018Revenue 2019: $4,023,598Expenses 2019: $2,430,308Net Income 2019: $1,593,2902019Revenue 2020: $4,567,391Expenses 2020: $3,402,024Net Income 2020: $1,165,3672020Revenue 2021: $4,959,801Expenses 2021: $2,635,882Net Income 2021: $2,323,9192021Revenue 2022: $6,564,775Expenses 2022: $3,742,869Net Income 2022: $2,821,9062022Revenue 2023: $6,064,302Expenses 2023: $4,264,790Net Income 2023: $1,799,5122023Revenue 2024: $15,881,296Expenses 2024: $9,659,536Net Income 2024: $6,221,7602024Revenue 2025: $11,298,680Expenses 2025: $8,689,973Net Income 2025: $2,608,7072025

Highlighted filing

2018

Revenue$5,311,373
Expenses$5,225,649
Net Income$85,724
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Dec 6, 2018
Return Version
2017v2.2
Gross Receipts
$5,325,975
Mission and Program Overview

Mission

To promote and support, on all levels, the southeastern louisiana university (slu) program, including the solicitation, and acceptance of donations for the purpose of providing scholarships and other benefits for the university, its faculty and its students

The Southeastern Louisiana University Foundation (SLUF) is a 501(c)(3) corporation charged with securing, managing and stewarding private gifts in support of Southeastern Louisiana University. Private support increases the University's impact and extends its reach both within and beyond the region by helping make Southeastern education accessible to the greatest number of students. It also allows faculty, staff, and students to advance industry, contribute to the region's economy and create societal advances that can have an effect across the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$53,620,242$57,662,148▲ $4,041,906
Land, Buildings, and Equipment, Net$5,863,842$1,635,630▼ $4,228,212
Accounts Receivable$110,961$210,451▲ $99,490
Cash and Non-Interest-Bearing Accounts$252,571$200,570▼ $52,001
Pledges and Grants Receivable$115,355$65,355▼ $50,000
Prepaid Expenses and Deferred Charges$34,542$7,641▼ $26,901
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$60,682,025$60,466,307▼ $215,718
Other Assets Total$684,512$684,512→ $0
Liabilities
Other Liabilities$16,712,613$17,257,548▲ $544,935
Deferred Revenue$1,197,233--
Accounts Payable and Accrued Expenses$137,225$165,345▲ $28,120
Total Liabilities$18,047,071$17,422,893▼ $624,178
Net Assets / Fund Balance
Permanently Rstr Net Assets$26,893,185$27,588,657▲ $695,472
Temporarily Rstr Net Assets$15,407,039$15,040,335▼ $366,704
Unrestricted Net Assets$334,730$414,422▲ $79,692
Total Net Assets Fund Balance$42,634,954$43,043,414▲ $408,460
Total Liabilities and Net Assets / Fund Balance$60,682,025$60,466,307▼ $215,718

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,635,630-$1,635,630
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dawn CantrellChairman
Cynthia NesserCommittee chair
Helen DufrecheCommittee chair
Mike SharpCommittee Chair
Tony VolzCommittee chair
Barry L BrownPast chair
Bill KingsmillVice chair
Charles ToneyBoard Member
Dr Beatrice BaldwinBoard Member
Dr John PoeetBoard Member
Dr Randy MoffettBoard Member
Jack GautierBoard Member
Marcia GalatasBoard Member
Marcus NaquinBoard Member
Nicholas TournillonBoard Member
Rodney LeblancBoard Member
Shelby P Lasalle JrBoard Member
Stan DameronBoard Member
Terri LeblancBoard Member
Thomas AkersBoard Member
Toby CortezBoard Member
Troy BroussardBoard Member
Wallace LewisBoard Member
Marcia BarrSecretary
Mr Robert WatkinsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,596,442
Program Service Revenue
$0
Investment Income
$2,268,487
Other Revenue
$446,444
All Other Contributions
$2,596,442
Change in Net Assets
$85,724

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 Amount
Other Non Cash Contri Table9$156,177
Total Noncash Contributions9$156,177

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,311,373
Revenue Not Reported on Form 990
$571,057
Total Revenue per Audited Statements
$5,882,430
Total Revenue per Form 990
$5,311,373
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,233,877
Grants and Similar Amounts Paid$668,664
Salaries, Compensation, and Employee Benefits$323,108
Total Fundraising Expense$129,798
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$668,664--$668,664
Other Salaries and Wages$1,574$321,534-$323,108
Fees for Service Investment Mgmnt Fees-$166,085-$166,085
Other Expenses$157,655$39,698$129,798$129,798
Depreciation Depletion$98,573--$98,573
Fees for Services Legal$47,857--$47,857
Fees for Services Lobbying-$42,000-$42,000
All Other Expenses$19,537$14,989-$34,526
Fees for Services Accounting-$12,490-$12,490
Fees for Services Other-$7,613-$7,613
Total Functional Expenses$4,491,442$604,409$129,798$5,225,649

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,473,970
Expenses per Audited Statements$5,225,649
Total Expenses per Form 990$5,225,649
Expenses Not Reported on Form 990$248,321
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$113,620
Fundraising Direct Expenses$14,602
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
CHEF'S EVENING$113,620$113,620$14,602$99,018
Total Events$113,620$113,620$14,602$99,018
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Agency Funds$17,257,548
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The tax preparer reviews the 990 with the board president before filing

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents, policies and financial statements for slu foundation are available to public upon request

Filing and Contact Details

Filer

Filer Name
Southeastern Louisiana University
EIN
72-6028821
Phone
9855495223
Address
SLU 10293, HAMMOND, LA 70402

Signing Officer

Name
Dawn Cantrell
Title
Chairman
Signed
2018-12-06
Discuss with paid preparer
Yes

Organization Details

Formed
1963
Legal Domicile
La
Voting Board Members
25
Independent Board Members
25
Employees
2

Preparer

Firm
Pedelahore & Co LLP
Address
1010 Common St Suite 2100, New Orleans, LA 70112
Preparer
Jennifer L Doran
Phone
5045228708
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

Other program services 4: university programs other program services 5: literacy building other program services 6: southeastern louisiana university support other program services 7: disaster relief for students and faculty

Financial Statement Notes

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Special event expenses $14602 investment manager fees $233719

Part XII, Line 2D: Other expenses and losses per audited F/S

Special event expenses $14602 investment manager fees $233719

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IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
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IRS990/MissionDesc0The Southeastern Louisiana University Foundation (SLUF) is a 501(c)(3) corporation charged with securing, managing and stewarding private gifts in support of Southeastern Louisiana University. Private support increases the University's impact and extends its reach both within and beyond the region by helping make Southeastern education accessible to the greatest number of students. It also allows faculty, staff, and students to advance industry, contribute to the region's economy and create societal advances that can have an effect across the world.
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IRS990/OtherExpensesGrp/Desc1DEPARTMENTAL PROGRAMS
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IRS990/OtherRevenueTotalAmt0100000

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$97.4$28.6$68.9$11.3$8.69$2.61
2024Detailed filing. Detailed filing data is available for this year.$86.0$24.6$61.4$15.9$9.66$6.22
2023Detailed filing. Detailed filing data is available for this year.$81.0$26.2$54.8$6.06$4.26$1.80
2022Detailed filing. Detailed filing data is available for this year.$74.1$23.9$50.2$6.56$3.74$2.82
2021Detailed filing. Detailed filing data is available for this year.$82.9$25.5$57.4$4.96$2.64$2.32
2020Detailed filing. Detailed filing data is available for this year.$64.3$18.5$45.8$4.57$3.40$1.17
2019Detailed filing. Detailed filing data is available for this year.$63.7$18.1$45.6$4.02$2.43$1.59
2018Detailed filing. Detailed filing data is available for this year.$60.5$17.4$43.0$5.31$5.23$0.09
2017Detailed filing. Detailed filing data is available for this year.$60.7$18.0$42.6$13.8$2.33$11.4
2016Detailed filing. Detailed filing data is available for this year.$46.5$16.5$30.0$2.24$2.33$0.08
2015Detailed filing. Detailed filing data is available for this year.$46.3$16.2$30.0$3.73$2.88$0.85
2014Detailed filing. Detailed filing data is available for this year.$45.7$15.5$30.3$4.01$2.19$1.82
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.7$14.2$28.4$3.79$2.34$1.46
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.4$3.45$27.0$2.06
2011Summary only. Only limited summary data is available for this year.$29.8$3.56$26.3$3.97$1.68$2.30
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.4$3.42$24.0$1.86