Civic Intelligence

Nicholls State University Foundation

990 • Fiscal year 2022 • EIN 72-6031425

Jul 01, 2021 to Jun 30, 2022 • Filed on May 05, 2023

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

(985) 448-4005

Siviq Scores

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

Liabilities / Assets

69th percentile

0.42x

Higher debt load relative to assets than 69% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

87th percentile

2.19x

Higher debt load relative to revenue than 87% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Net Margin

80th percentile

29%

Higher net margin than 80% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

12th percentile

$95,500

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Asset Growth

22nd percentile

-8.9%

Faster asset growth than 22% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

83rd percentile

37%

Faster revenue growth than 83% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets69th percentile

Assets

Down

$30,774,680

Down $3,013,621 (-8.9%) from 2021

Net Assets

Down

$17,778,616

Down $846,942 (-4.5%) from 2021

Liabilities

Down

$12,996,064

Down $2,166,679 (-14%) from 2021

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin80th percentile

Revenue

Up

$5,929,288

Up $1,597,927 (+37%) from 2021

Expenses

Up

$4,199,622

Up $262,645 (+6.7%) from 2021

Net Income

Up

$1,729,666

Up $1,335,282 (+339%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth22nd 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

2022

Assets$30,774,680
Liabilities$12,996,064
Net Assets$17,778,616
Open 2022 Filing

Operations Trend

Revenue Growth83rd 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

2022

Revenue$5,929,288
Expenses$4,199,622
Net Income$1,729,666
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 5, 2023
Return Version
2021v4.2
Gross Receipts
$8,521,619
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$27,095,403$24,432,635▼ $2,662,768
Cash and Non-Interest-Bearing Accounts$4,242,141$3,244,134▼ $998,007
Other Notes and Loans Receivable, Net$1,597,577$1,707,421▲ $109,844
Savings and Temporary Cash Investments$653,456$1,100,067▲ $446,611
Accounts Receivable$77,529$171,011▲ $93,482
Total Assets$33,788,301$30,774,680▼ $3,013,621
Other Assets Total$122,195$119,412▼ $2,783
Liabilities
Other Liabilities$11,607,158$9,534,270▼ $2,072,888
Unsecured Notes Loans Payable$2,500,000$2,500,000→ $0
Mortgage Notes Payable Secured by Investment Property$939,106$813,701▼ $125,405
Accounts Payable and Accrued Expenses$116,479$148,093▲ $31,614
Total Liabilities$15,162,743$12,996,064▼ $2,166,679
Net Assets / Fund Balance
Net Assets With Donor Restrictions$19,630,721$18,890,807▼ $739,914
Net Assets Without Donor Restrictions$-1,005,163$-1,112,191▼ $107,028
Total Net Assets Fund Balance$18,625,558$17,778,616▼ $846,942
Total Liabilities and Net Assets / Fund Balance$33,788,301$30,774,680▼ $3,013,621

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$14,579,726$2,172,224▼ $1,931,809-$14,077,334
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
Compensation and Service Providers
Top Officer Pay12th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jeremy BeckerExecutive DirectorFT$95,500$95,500

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
$5,296,084
Program Service Revenue
$72,323
Investment Income
$560,843
Other Revenue
$38
All Other Contributions
$5,296,084
Change in Net Assets
$1,729,666

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,819,787
Revenue Not Reported on Financial Statements
$109,501
Revenue Not Reported on Form 990
$-2,457,145
Other Revenue Adjustments
$-9,962
Total Revenue per Audited Statements
$3,362,642
Total Revenue per Form 990
$5,929,288
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,688,170
Other Expenses$346,121
Salaries, Compensation, and Employee Benefits$165,331
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,688,170--$3,688,170
Interest-$138,743-$138,743
Current Officers, Directors, Trustees, and Key Employees-$95,500-$95,500
Fees for Services Accounting-$78,705-$78,705
Other Employee Benefits-$62,441-$62,441
Fees for Services Other-$33,800-$33,800
Office Expenses-$33,359-$33,359
Payroll Taxes-$7,390-$7,390
Insurance-$4,355-$4,355
All Other Expenses-$2,890-$2,890
Travel-$2,376-$2,376
Other Expenses-$2,312-$2,312
Occupancy-$2,250-$2,250
Fees for Services Legal-$1,385-$1,385
Total Functional Expenses$3,688,170$511,452$0$4,199,622

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,209,584
Total Expenses per Audited Statements$4,209,584
Total Expenses per Form 990$4,199,622
Expenses Not Reported on Form 990$0
Expenses Not Reported on Financial Statements$-9,962
Other Expense Adjustments$-9,962
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Nicholls State UniversityThibodaux, LA501(c)(3)Assisting and Promoting Nsu$3,688,170
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$10,000
Fundraising Direct Expenses$9,962
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
Funds Held in Custody$9,534,270
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
9854484005
Address
P O BOX 2074 NSU STATION, THIBODAUX, LA 70310

Signing Officer

Name
Chris Riviere
Title
President
Phone
9854484005
Signed
2023-05-05
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.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“FUNDRAISING EXPENSES”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“FUNDRAISING EXPENSES”

Raw XML AppendixShowing 400 of 493 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/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt038
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-2457145
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1005163
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1112191
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt02250
IRS990/OccupancyGrp/TotalAmt02250
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt033359
IRS990/OfficeExpensesGrp/TotalAmt033359
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0122195
IRS990/OtherAssetsTotalGrp/EOYAmt0119412
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt062441
IRS990/OtherEmployeeBenefitsGrp/TotalAmt062441
IRS990/OtherExpensesGrp/Desc0BANK & CREDIT CARD CHAR
IRS990/OtherExpensesGrp/Desc1DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2SUPPLIES AND EQUIPMENT
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt036603
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16693
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22650
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt32312
IRS990/OtherExpensesGrp/TotalAmt036603
IRS990/OtherExpensesGrp/TotalAmt16693
IRS990/OtherExpensesGrp/TotalAmt22650
IRS990/OtherExpensesGrp/TotalAmt32312
IRS990/OtherLiabilitiesGrp/BOYAmt011607158
IRS990/OtherLiabilitiesGrp/EOYAmt09534270
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01597577
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01707421
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07390
IRS990/PayrollTaxesGrp/TotalAmt07390
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/RelatedOrExemptFuncIncomeAmt043546
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt128777
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt043546
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt128777
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03613071
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt03647999
IRS990/PYInvestmentIncomeAmt0594609
IRS990/PYOtherExpensesAmt0175053
IRS990/PYOtherRevenueAmt0-180
IRS990/PYProgramServiceRevenueAmt0123861
IRS990/PYRevenuesLessExpensesAmt0394384
IRS990/PYSalariesCompEmpBnftPaidAmt0113925
IRS990/PYTotalExpensesAmt03936977
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04331361
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01729666
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt072323
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0653456
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01100067
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt05296084
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03613071
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt04075161
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt07117366
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03567227
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt023668909
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0349545
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0388270
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0378301
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0318807
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0286663
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01721586
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0655666
IRS990ScheduleA/PublicSupportCY170Pct00.80880
IRS990ScheduleA/PublicSupportPY170Pct00.78140
IRS990ScheduleA/PublicSupportTotal170Amt020535649
IRS990ScheduleA/SubstantialContributorsTotAmt03133260
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt05296084
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03613071
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt04075161
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt07117366
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03567227
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt023668909
IRS990ScheduleA/TotalSupportAmt025390495
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/AdministrativeExpensesAmt0112432
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt014579726
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt02172224
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt014077334
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0630375
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1931809
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0100891
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt012203049
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0786492
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt014579726
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0612480
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02323556
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt020000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt072387
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt012978186
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0907818
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt012818619
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0817005
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-177993
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0104809
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt011797357
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt01210835
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt012978186
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0478669
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0553472
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0101930
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt010951125
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt03071910
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt013552522
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0637945
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0269362
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0-9962
IRS990ScheduleD/ExpensesSubtotalAmt04209584
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncldAmt0119463
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-2457145
IRS990ScheduleD/OtherExpensesNotIncludedAmt0-9962
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09534270
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FUNDS HELD IN CUSTODY
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-9962
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.86760
IRS990ScheduleD/RevenueNotReportedAmt0-2457145
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0109501
IRS990ScheduleD/RevenueSubtotalAmt05819787
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/ExplanationTxt1FUNDRAISING EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.13240
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt04199622
IRS990ScheduleD/TotalLiabilityAmt09534270
IRS990ScheduleD/TotalRevenuePerForm990Amt05929288
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03362642
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04209584
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt03688170
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
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
IRS990ScheduleI/Total501c3OrgCnt01
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.

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$30,774,680
Liabilities
$12,996,064
Net assets
$17,778,616
Revenue
$5,929,288
Expenses
$4,199,622
Net income
$1,729,666
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