Civic Intelligence

Nicholls State University Foundation

990 • Fiscal year 2021 • EIN 72-6031425

Jul 01, 2020 to Jun 30, 2021 • Filed on May 10, 2022

Organization ProfileN/A
P O Box 2074 Nsu StationThibodaux, LA 70310

(985) 448-4017

Siviq Scores

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

Liabilities / Assets

71st percentile

0.45x

Higher debt load relative to assets than 71% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

92nd percentile

3.50x

Higher debt load relative to revenue than 92% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Net Margin

44th percentile

9.1%

Higher net margin than 44% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

14th percentile

$105,042

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Asset Growth

55th percentile

12%

Faster asset growth than 55% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

15th percentile

-11%

Faster revenue growth than 15% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$33,788,301

Up $3,619,806 (+12%) from 2020

Net Assets

Up

$18,625,558

Up $2,355,778 (+14%) from 2020

Liabilities

Up

$15,162,743

Up $1,264,028 (+9.1%) from 2020

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin44th percentile

Revenue

Down

$4,331,361

Down $556,873 (-11%) from 2020

Expenses

Down

$3,936,977

Down $1,717,775 (-30%) from 2020

Net Income

Up

$394,384

Up $1,160,902 (+151%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth55th percentile

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

$40M$30M$20M$10M$0Assets 2011: $17,617,348Liabilities 2011: $9,028,705Net Assets 2011: $8,588,6432011Assets 2012: $19,748,589Liabilities 2012: $8,912,275Net Assets 2012: $10,836,3142012Assets 2013: $20,038,536Liabilities 2013: $9,647,323Net Assets 2013: $10,391,2132013Assets 2014: $22,883,432Liabilities 2014: $12,059,065Net Assets 2014: $10,824,3672014Assets 2015: $22,109,968Liabilities 2015: $12,125,596Net Assets 2015: $9,984,3722015Assets 2016: $23,102,041Liabilities 2016: $11,881,795Net Assets 2016: $11,220,2462016Assets 2017: $25,318,504Liabilities 2017: $12,874,626Net Assets 2017: $12,443,8782017Assets 2018: $26,249,961Liabilities 2018: $13,642,690Net Assets 2018: $12,607,2712018Assets 2019: $30,348,724Liabilities 2019: $12,690,545Net Assets 2019: $17,658,1792019Assets 2020: $30,168,495Liabilities 2020: $13,898,715Net Assets 2020: $16,269,7802020Assets 2021: $33,788,301Liabilities 2021: $15,162,743Net Assets 2021: $18,625,5582021Assets 2022: $30,774,680Liabilities 2022: $12,996,064Net Assets 2022: $17,778,6162022Assets 2023: $33,722,347Liabilities 2023: $12,976,064Net Assets 2023: $20,746,2832023Assets 2024: $37,694,521Liabilities 2024: $12,309,997Net Assets 2024: $25,384,5242024

Highlighted filing

2021

Assets$33,788,301
Liabilities$15,162,743
Net Assets$18,625,558
Open 2021 Filing

Operations Trend

Revenue Growth15th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $3,471,359Expenses 2011: $2,481,613Net Income 2011: $989,7462011Revenue 2012: $4,669,638Expenses 2012: $2,421,967Net Income 2012: $2,247,6712012Revenue 2013: $5,000,256Expenses 2013: $4,429,373Net Income 2013: $570,8832013Revenue 2014: $4,542,892Expenses 2014: $4,109,738Net Income 2014: $433,1542014Revenue 2015: $3,944,395Expenses 2015: $4,784,390Net Income 2015: -$839,9952015Revenue 2016: $3,734,837Expenses 2016: $2,817,241Net Income 2016: $917,5962016Revenue 2017: $3,587,999Expenses 2017: $3,014,865Net Income 2017: $573,1342017Revenue 2018: $4,515,888Expenses 2018: $4,460,120Net Income 2018: $55,7682018Revenue 2019: $8,356,191Expenses 2019: $3,486,013Net Income 2019: $4,870,1782019Revenue 2020: $4,888,234Expenses 2020: $5,654,752Net Income 2020: -$766,5182020Revenue 2021: $4,331,361Expenses 2021: $3,936,977Net Income 2021: $394,3842021Revenue 2022: $5,929,288Expenses 2022: $4,199,622Net Income 2022: $1,729,6662022Revenue 2023: $7,734,150Expenses 2023: $4,921,893Net Income 2023: $2,812,2572023Revenue 2024: $11,697,519Expenses 2024: $7,299,278Net Income 2024: $4,398,2412024

Highlighted filing

2021

Revenue$4,331,361
Expenses$3,936,977
Net Income$394,384
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 10, 2022
Return Version
2020v4.2
Gross Receipts
$10,049,704
Mission and Program Overview

Mission

The foundation's mission is to promote, develop and assist nicholls state university.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$23,362,220$27,095,403▲ $3,733,183
Cash and Non-Interest-Bearing Accounts-$4,242,141-
Other Notes and Loans Receivable, Net$1,869,930$1,597,577▼ $272,353
Savings and Temporary Cash Investments$4,413,894$653,456▼ $3,760,438
Accounts Receivable$148,311$77,529▼ $70,782
Total Assets$30,168,495$33,788,301▲ $3,619,806
Other Assets Total$374,140$122,195▼ $251,945
Liabilities
Other Liabilities$10,189,571$11,607,158▲ $1,417,587
Unsecured Notes Loans Payable$2,500,001$2,500,000▼ $1
Mortgage Notes Payable Secured by Investment Property$1,066,315$939,106▼ $127,209
Accounts Payable and Accrued Expenses$142,828$116,479▼ $26,349
Total Liabilities$13,898,715$15,162,743▲ $1,264,028
Net Assets / Fund Balance
Net Assets With Donor Restrictions$15,807,568$19,630,721▲ $3,823,153
Net Assets Without Donor Restrictions$462,212$-1,005,163▼ $1,467,375
Total Net Assets Fund Balance$16,269,780$18,625,558▲ $2,355,778
Total Liabilities and Net Assets / Fund Balance$30,168,495$33,788,301▲ $3,619,806

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$12,203,049$786,492▲ $2,323,556$20,000$14,579,726
2019$12,978,186$907,818▼ $177,993-$12,818,619
2018$11,797,357$1,210,835▲ $553,472-$12,978,186
2017$10,951,125$3,071,910▲ $269,362-$13,552,522
2016$9,732,447$1,101,906▲ $868,257$132,940$10,951,125
Compensation and Service Providers
Top Officer Pay14th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jeremy BeckerExecutive DirectorFT$105,042$105,042

Board Members and Trustees

NameTitle
Donald BollingerChairman
Chris RivierePresident
Dan DuplantisVice President
Alexis DuvalDirector
Hugh HamiltonDirector
Hunt DownerDirector
Patrick PitreDirector
R E Bob MillerDirector
Arlen CenacSec./treas.
Revenue and Support

Revenue Composition

Contributions and Grants
$3,613,071
Program Service Revenue
$123,861
Investment Income
$594,609
Other Revenue
$-180
All Other Contributions
$3,589,119
Change in Net Assets
$394,384

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,185,289
Revenue Not Reported on Financial Statements
$146,072
Revenue Not Reported on Form 990
$2,107,467
Total Revenue per Audited Statements
$6,292,756
Total Revenue per Form 990
$4,331,361
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,647,999
Other Expenses$175,053
Salaries, Compensation, and Employee Benefits$113,925
Total Fundraising Expense$25,428
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,647,999--$3,647,999
Current Officers, Directors, Trustees, and Key Employees-$105,500-$105,500
Fees for Services Other-$88,600-$88,600
Occupancy-$12,195-$12,195
All Other Expenses-$10,038-$10,038
Payroll Taxes-$8,425-$8,425
Other Expenses-$451$6,400$6,851
Insurance-$4,813-$4,813
Office Expenses-$1,111-$1,111
Conferences and Meetings-$501-$501
Travel-$113-$113
Total Functional Expenses$3,647,999$263,550$25,428$3,936,977

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,936,977
Total Expenses per Audited Statements$3,936,977
Total Expenses per Form 990$3,936,977
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Nicholls State UniversityThibodaux, LA501(c)(3)Assisting and Promoting Nsu$3,647,999
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Professional Fundraising Fees$0
Fundraising Gross Income$-180
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Held in Custody$11,607,158
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 35% controlled entity
No
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, Section A, Line 6

“Line 6 explanation - membership is voluntary though the payment of annual membership dues.”

Form 990, Part VI, Section A, Line 7A

“Line 7a explanation - all members are eligible to vote on the election of officers and directors at the annual meeting.”

Form 990, Part VI, Section B, Line 11B

“The return is reviewed by the signing officer.”

Form 990, Part VI, Section C, Line 19

“Documents are available at the organization's office upon request.”

Filing and Contact Details

Filer

Filer Name
Nicholls State University Foundation
EIN
72-6031425
Phone
9854484017
Address
P O BOX 2074 NSU STATION, THIBODAUX, LA 70310

Signing Officer

Name
Chris Riviere
Title
President
Phone
9854484017
Signed
2022-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Riviere
Formed
1964
Legal Domicile
La
Voting Board Members
9
Independent Board Members
9
Employees
1
Volunteers
0

Preparer

Firm
Laporte Apac
Address
304 CORPORATE DRIVE STE E, HOUMA, LA 70360
Preparer
Cherish Van Mullem Jd Llm
Phone
9858512433
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Accounting principles generally accepted in the united states of america provide accounting and disclosure guidance about positions taken by an entity in its tax returns that might be uncertain. The foundation believes that it has appropriate support for any tax positions taken, and management has determined that there are no uncertain tax positions that are material to the financial statements. Penalties and interest assessed by income taxing authorities, if any, would be included in income tax expense.”

Schedule D, Part V, Line 1A Endowment Funds

“The end of the year balance of $12,818,619 (prior year) listed in part v, column b is not the beginning balance for current year endowment funds (column a) due to an audit adjustment of $615,570, made after the prior year return was filed.”

Raw XML AppendixShowing 400 of 484 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/OccupancyGrp/TotalAmt012195
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01111
IRS990/OfficeExpensesGrp/TotalAmt01111
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0374140
IRS990/OtherAssetsTotalGrp/EOYAmt0122195
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BANK & CREDIT CARD CHAR
IRS990/OtherExpensesGrp/Desc1SPONSORSHIPS
IRS990/OtherExpensesGrp/Desc2MEALS AND ENTERTAINMENT
IRS990/OtherExpensesGrp/Desc3POSTAGE AND PRINTING
IRS990/OtherExpensesGrp/FundraisingAmt019028
IRS990/OtherExpensesGrp/FundraisingAmt16400
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt021360
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1500
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt29943
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3451
IRS990/OtherExpensesGrp/TotalAmt021360
IRS990/OtherExpensesGrp/TotalAmt119528
IRS990/OtherExpensesGrp/TotalAmt29943
IRS990/OtherExpensesGrp/TotalAmt36851
IRS990/OtherLiabilitiesGrp/BOYAmt010189571
IRS990/OtherLiabilitiesGrp/EOYAmt011607158
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01869930
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01597577
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08425
IRS990/PayrollTaxesGrp/TotalAmt08425
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CHRIS RIVIERE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0523920
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0OTHER PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1CHEF JOHN FOLSE CULINARY
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt075998
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt147863
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt075998
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt147863
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04075161
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt05365383
IRS990/PYInvestmentIncomeAmt0419242
IRS990/PYOtherExpensesAmt0182266
IRS990/PYOtherRevenueAmt0253746
IRS990/PYProgramServiceRevenueAmt0140085
IRS990/PYRevenuesLessExpensesAmt0-766518
IRS990/PYSalariesCompEmpBnftPaidAmt0107103
IRS990/PYTotalExpensesAmt05654752
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04888234
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0394384
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0123861
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04413894
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0653456
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03613071
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04075161
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt07117366
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03567227
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02849180
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt021222005
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0388270
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0378301
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0318807
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0286663
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0325652
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01697693
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0759837
IRS990ScheduleA/PublicSupportCY170Pct00.78140
IRS990ScheduleA/PublicSupportPY170Pct00.77540
IRS990ScheduleA/PublicSupportTotal170Amt017910081
IRS990ScheduleA/SubstantialContributorsTotAmt03311924
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03613071
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04075161
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt07117366
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03567227
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02849180
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt021222005
IRS990ScheduleA/TotalSupportAmt022919698
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/AdministrativeExpensesAmt0100891
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt012203049
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0786492
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt014579726
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0612480
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt02323556
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt020000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt072387
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt012978186
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0907818
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt012818619
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0817005
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-177993
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0104809
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt011797357
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt01210835
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt012978186
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0478669
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0553472
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0101930
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt010951125
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt03071910
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt013552522
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0637945
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0269362
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0102318
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt09732447
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt01101906
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt010951125
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0516227
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0868257
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0132940
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03936977
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncldAmt0146072
IRS990ScheduleD/NetUnrealizedGainsInvstAmt02107467
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011607158
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FUNDS HELD IN CUSTODY
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.70000
IRS990ScheduleD/RevenueNotReportedAmt02107467
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0146072
IRS990ScheduleD/RevenueSubtotalAmt04185289
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ENTITY IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES, IF ANY, WOULD BE INCLUDED IN INCOME TAX EXPENSE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE END OF THE YEAR BALANCE OF $12,818,619 (PRIOR YEAR) LISTED IN PART V, COLUMN B IS NOT THE BEGINNING BALANCE FOR CURRENT YEAR ENDOWMENT FUNDS (COLUMN A) DUE TO AN AUDIT ADJUSTMENT OF $615,570, MADE AFTER THE PRIOR YEAR RETURN WAS FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PART V, LINE 1A ENDOWMENT FUNDS
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.30000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt03936977
IRS990ScheduleD/TotalLiabilityAmt011607158
IRS990ScheduleD/TotalRevenuePerForm990Amt04331361
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06292756
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03936977
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt03647999
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ASSISTING AND PROMOTING NSU
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NICHOLLS STATE UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientEIN0726011797
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0HIGHWAY 1
IRS990ScheduleI/RecipientTable/USAddress/CityNm0THIBODAUX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0LA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd070301
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0FMV
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 6 EXPLANATION - MEMBERSHIP IS VOLUNTARY THOUGH THE PAYMENT OF ANNUAL MEMBERSHIP DUES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LINE 7A EXPLANATION - ALL MEMBERS ARE ELIGIBLE TO VOTE ON THE ELECTION OF OFFICERS AND DIRECTORS AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE RETURN IS REVIEWED BY THE SIGNING OFFICER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE AT THE ORGANIZATION'S OFFICE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$33,788,301
Liabilities
$15,162,743
Net assets
$18,625,558
Revenue
$4,331,361
Expenses
$3,936,977
Net income
$394,384
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$37.7$12.3$25.4$11.7$7.30$4.40
2023Detailed filing. Detailed filing data is available for this year.$33.7$13.0$20.7$7.73$4.92$2.81
2022Detailed filing. Detailed filing data is available for this year.$30.8$13.0$17.8$5.93$4.20$1.73
2021Detailed filing. Detailed filing data is available for this year.$33.8$15.2$18.6$4.33$3.94$0.39
2020Detailed filing. Detailed filing data is available for this year.$30.2$13.9$16.3$4.89$5.65$0.77
2019Detailed filing. Detailed filing data is available for this year.$30.3$12.7$17.7$8.36$3.49$4.87
2018Detailed filing. Detailed filing data is available for this year.$26.2$13.6$12.6$4.52$4.46$0.06
2017Detailed filing. Detailed filing data is available for this year.$25.3$12.9$12.4$3.59$3.01$0.57
2016Detailed filing. Detailed filing data is available for this year.$23.1$11.9$11.2$3.73$2.82$0.92
2015Summary only. Only limited summary data is available for this year.$22.1$12.1$9.98$3.94$4.78$0.84
2014Summary only. Only limited summary data is available for this year.$22.9$12.1$10.8$4.54$4.11$0.43
2013Summary only. Only limited summary data is available for this year.$20.0$9.65$10.4$5.00$4.43$0.57
2012Summary only. Only limited summary data is available for this year.$19.7$8.91$10.8$4.67$2.42$2.25
2011Summary only. Only limited summary data is available for this year.$17.6$9.03$8.59$3.47$2.48$0.99