Civic Intelligence

Panhandle State Foundation

990 • Fiscal year 2015 • EIN 73-1019001

Jan 01, 2015 to Dec 31, 2015 • Filed on Jul 27, 2016

Organization ProfileN/A
PO Box 430Goodwell, OK 73939

(580) 349-1392

Siviq Scores

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

Liabilities / Assets

16th percentile

0.02x

Higher debt load relative to assets than 16% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

39th percentile

0.16x

Higher debt load relative to revenue than 39% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

86th percentile

33%

Higher net margin than 86% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

13th percentile

$34,259

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

18th percentile

-5.2%

Faster asset growth than 18% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

72nd percentile

13%

Faster revenue growth than 72% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets16th percentile

Assets

Down

$10,600,404

Down $579,913 (-5.2%) from 2014

Net Assets

Down

$10,410,820

Down $575,992 (-5.2%) from 2014

Liabilities

Down

$189,584

Down $3,921 (-2.0%) from 2014

Revenue And Expenses
Liabilities / Revenue39th percentileNet Margin86th percentile

Revenue

Up

$1,199,337

Up $140,020 (+13%) from 2014

Expenses

Down

$802,445

Down $30,717 (-3.7%) from 2014

Net Income

Up

$396,892

Up $170,737 (+75%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth18th percentile

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

$30M$20M$10M$0Assets 2011: $13,874,155Liabilities 2011: $5,225,786Net Assets 2011: $8,648,3692011Assets 2012: $14,341,718Liabilities 2012: $5,110,996Net Assets 2012: $9,230,7222012Assets 2013: $14,745,201Liabilities 2013: $4,993,545Net Assets 2013: $9,751,6562013Assets 2014: $11,180,317Liabilities 2014: $193,505Net Assets 2014: $10,986,8122014Assets 2015: $10,600,404Liabilities 2015: $189,584Net Assets 2015: $10,410,8202015Assets 2016: $13,673,054Liabilities 2016: $197,442Net Assets 2016: $13,475,6122016Assets 2017: $14,577,941Liabilities 2017: $198,097Net Assets 2017: $14,379,8442017Assets 2018: $14,229,457Liabilities 2018: $203,554Net Assets 2018: $14,025,9032018Assets 2019: $18,332,617Liabilities 2019: $222,461Net Assets 2019: $18,110,1562019Assets 2020: $18,088,231Liabilities 2020: $238,763Net Assets 2020: $17,849,4682020Assets 2021: $20,788,449Liabilities 2021: $241,169Net Assets 2021: $20,547,2802021Assets 2022: $19,051,052Liabilities 2022: $303,530Net Assets 2022: $18,747,5222022Assets 2023: $21,390,744Liabilities 2023: $263,535Net Assets 2023: $21,127,2092023Assets 2024: $22,960,744Liabilities 2024: $268,848Net Assets 2024: $22,691,8962024

Highlighted filing

2015

Assets$10,600,404
Liabilities$189,584
Net Assets$10,410,820
Open 2015 Filing

Operations Trend

Revenue Growth72nd percentile

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

$4.0M$3.0M$2.0M$1.0M$0Revenue 2011: $2,205,117Expenses 2011: $720,697Net Income 2011: $1,484,4202011Revenue 2012: $1,053,290Expenses 2012: $818,577Net Income 2012: $234,7132012Revenue 2013: $1,034,244Expenses 2013: $884,615Net Income 2013: $149,6292013Revenue 2014: $1,059,317Expenses 2014: $833,162Net Income 2014: $226,1552014Revenue 2015: $1,199,337Expenses 2015: $802,445Net Income 2015: $396,8922015Revenue 2016: $3,018,210Expenses 2016: $872,243Net Income 2016: $2,145,9672016Revenue 2017: $1,911,953Expenses 2017: $1,545,305Net Income 2017: $366,6482017Revenue 2018: $2,494,581Expenses 2018: $1,504,774Net Income 2018: $989,8072018Revenue 2019: $3,539,769Expenses 2019: $1,492,954Net Income 2019: $2,046,8152019Revenue 2020: $1,683,319Expenses 2020: $1,248,466Net Income 2020: $434,8532020Revenue 2021: $2,048,058Expenses 2021: $1,263,610Net Income 2021: $784,4482021Revenue 2022: $1,887,080Expenses 2022: $1,434,074Net Income 2022: $453,0062022Revenue 2023: $2,208,103Expenses 2023: $773,708Net Income 2023: $1,434,3952023Revenue 2024: $3,223,149Expenses 2024: $507,662Net Income 2024: $2,715,4872024

Highlighted filing

2015

Revenue$1,199,337
Expenses$802,445
Net Income$396,892
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jul 27, 2016
Return Version
2015v2.0
Gross Receipts
$1,199,337
Mission and Program Overview

Mission

To provide educational experiences that are designed to enrich the personal lives of students and to prepare them for roles in agriculture, business, education, government, and industry.

Scholarship and general support of panhandle state university

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$8,306,851$8,066,454▼ $240,397
Investments Other Securities$1,900,847$1,484,249▼ $416,598
Savings and Temporary Cash Investments$433,754$247,353▼ $186,401
Land, Buildings, and Equipment, Net$2,215$1,244▼ $971
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$11,180,317$10,600,404▼ $579,913
Other Assets Total$536,650$801,104▲ $264,454
Liabilities
Escrow Account Liability$183,984$182,063▼ $1,921
Accounts Payable and Accrued Expenses$9,519$7,520▼ $1,999
Other Liabilities$2$1▼ $1
Total Liabilities$193,505$189,584▼ $3,921
Net Assets / Fund Balance
Unrestricted Net Assets$6,523,087$5,596,823▼ $926,264
Permanently Rstr Net Assets$4,149,002$4,480,902▲ $331,900
Temporarily Rstr Net Assets$314,723$333,095▲ $18,372
Total Net Assets Fund Balance$10,986,812$10,410,820▼ $575,992
Total Liabilities and Net Assets / Fund Balance$11,180,317$10,600,404▼ $579,913

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,244$9,928-
Other Assets Org$747,725--
Compensation and Service Providers
Top Officer Pay13th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Doris LooperExec. Sec.PT$34,259$34,259

Board Members and Trustees

NameTitle
See attached List of DirectorsDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$667,465
Program Service Revenue
$0
Investment Income
$529,099
Other Revenue
$2,773
All Other Contributions
$667,465
Change in Net Assets
$396,892

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 Traded1$163,731Fair Market Value (FMV)
Total Noncash Contributions1$163,731-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,199,337
Revenue Not Reported on Form 990
$-1,269,486
Total Revenue per Audited Statements
$-70,149
Total Revenue per Form 990
$1,199,337
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$680,264
Salaries, Compensation, and Employee Benefits$92,591
Other Expenses$29,590
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$476,829--$476,829
Grants to Domestic Individuals$203,435--$203,435
Other Salaries and Wages-$37,660-$37,660
Current Officers, Directors, Trustees, and Key Employees-$34,259-$34,259
Fees for Services Accounting-$10,750-$10,750
Other Employee Benefits-$7,574-$7,574
Payroll Taxes-$6,722-$6,722
Pension Plan Contributions-$6,376-$6,376
Office Expenses-$3,074-$3,074
Conferences and Meetings-$2,894-$2,894
Depreciation Depletion-$971-$971
Other Expenses-$780-$780
Travel-$665-$665
Fees for Services Legal-$285-$285
Total Functional Expenses$680,264$122,181$0$802,445

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$807,615
Expenses per Audited Statements$802,445
Total Expenses per Form 990$802,445
Expenses Not Reported on Form 990$5,170
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Oklahoma Panhandle State UnivGoodwell, OK-Construction & Professional Develop$476,829
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
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
Rounding$1
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

“Executive secretary is spouse of board member”

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

“Return is available for review by board members prior to filing. Doris looper, executive secretary reviews return and signs upon approval.”

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

“Documents available at local office upon request”

Filing and Contact Details

Filer

Filer Name
Panhandle State Foundation
EIN
73-1019001
Phone
5803491392
Address
PO Box 430, Goodwell, OK 73939

Signing Officer

Name
Doris Looper
Title
Executive Secretary
Signed
2016-07-27
Discuss with paid preparer
Yes

Organization Details

Formed
1961
Legal Domicile
Ok
Voting Board Members
24
Independent Board Members
24
Employees
2

Preparer

Firm
FSW&B CPAs PLLC
Address
205 W Mc Elroy, Stillwater, OK 74075
Preparer
Jana Walker CPA
Phone
4056249500
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

“Change in Interest of Perpetual Trusts = -$41435”

Other Changes In Net Assets Or Fund Balances - Other Increases

“Interest in perpetual trust = $301772”

Other Changes In Net Assets Or Fund Balances - Other Decreases

“Rounding = -$0”

FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS:

“Change in value of perpetual trust $-41,435”

Financial Statement Notes

Part IV, Line 2B: Explanation of escrow account liability

“Foundation holds funds as custodian for the alumni association”

Part V, Line 4: Intended uses of the endowment fund.

“Provide funding for student scholarships”

Part X : FIN48 Footnote

“In June 2006, the Financial Accounting Standards Board (FASB) released FASB Interpretation 48 (FIN 48) Accounting for Uncertainty in Income Taxes (Currently FASB Accounting Standards Codification (ASC) 740, Income Taxes), which requires extensive disclosures about uncertain income tax positions. This standard seeks to reduce the diversity in practice associated with certain aspects of the recognition and measurement related to income taxes. The Foundation evaluates any uncertain tax positions using the provision of ASC 450, Contingencies. Accordingly, a loss contingency is recognized when it is probable that a liability has been incurred as of the date of the financial statements and the amount of loss can be reasonable estimated. The amount recognized is subject to estimate and management judgment with respect to the likely outcome of each uncertain tax position. The amount that is ultimately sustained for an individual uncertain tax position or for all uncertain tax positions in the aggregate could differ from the amount recognized. The Foundation does not believe that it engaged in any activity that would result in an uncertain tax position. As a result, management does not believe that any uncertain tax positions currently exist and no loss contingency has been recognized in the accompanying financial statements. Federal and state income tax statues dictate that tax returns filed in any of the three previous reporting periods remain open to examination. Currently the Foundation has no open examination with either the Internal Revenue Service or state taxing authorities. The Foundations policy is to record any income tax related penalties and interest incurred as operating expense. There were no income tax related penalties or interest included in the accompanying financial statements.”

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IRS990/ProgSrvcAccomActy2Grp/Desc0NON-SCHOLARSHIP EXPENITURES MADE ON BEHALF OF PANHANDLE STATE UNIVERSITY IN SUPPORT OF EDUCATIONAL PROGRAMS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0261579
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0489973
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0710957
IRS990/PYInvestmentIncomeAmt0537176
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt028317
IRS990/PYOtherRevenueAmt032168
IRS990/PYRevenuesLessExpensesAmt0226155
IRS990/PYSalariesCompEmpBnftPaidAmt093888
IRS990/PYTotalExpensesAmt0833162
IRS990/PYTotalRevenueAmt01059317
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0396892
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt02773
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt02773
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0433754
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0247353
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0508904
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0489973
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0503438
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0577304
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01814963
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03894582
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt05170
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt05170
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt05170
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt05170
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt05170
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt025850
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0529099
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0542310
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0470643
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0426563
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0355763
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02324378
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicSupportCY170Pct00.62780
IRS990ScheduleA/PublicSupportPY170Pct00.65270
IRS990ScheduleA/PublicSupportTotal170Amt03920432
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0514074
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0495143
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0508608
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0582474
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01820133
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03920432
IRS990ScheduleA/TotalSupportAmt06244810
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt05170
IRS990ScheduleD/DonatedServicesUseFcltsAmt05170
IRS990ScheduleD/EquipmentGrp/BookValueAmt01244
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09928
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt011172
IRS990ScheduleD/ExpensesNotReportedAmt05170
IRS990ScheduleD/ExpensesSubtotalAmt0802445
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-1233221
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0946
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt145500
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2747725
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Accrued Interest
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1MINERAL INTEREST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2PERPETURAL TRUST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/OtherRevenueAmt0-41435
IRS990ScheduleD/RevenueNotReportedAmt0-1269486
IRS990ScheduleD/RevenueSubtotalAmt01199337
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FOUNDATION HOLDS FUNDS AS CUSTODIAN FOR THE ALUMNI ASSOCIATION
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PROVIDE FUNDING FOR STUDENT SCHOLARSHIPS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2In June 2006, the Financial Accounting Standards Board (FASB) released FASB Interpretation 48 (FIN 48) Accounting for Uncertainty in Income Taxes (Currently FASB Accounting Standards Codification (ASC) 740, Income Taxes), which requires extensive disclosures about uncertain income tax positions. This standard seeks to reduce the diversity in practice associated with certain aspects of the recognition and measurement related to income taxes. The Foundation evaluates any uncertain tax positions using the provision of ASC 450, Contingencies. Accordingly, a loss contingency is recognized when it is probable that a liability has been incurred as of the date of the financial statements and the amount of loss can be reasonable estimated. The amount recognized is subject to estimate and management judgment with respect to the likely outcome of each uncertain tax position. The amount that is ultimately sustained for an individual uncertain tax position or for all uncertain tax positions in the aggregate could differ from the amount recognized. The Foundation does not believe that it engaged in any activity that would result in an uncertain tax position. As a result, management does not believe that any uncertain tax positions currently exist and no loss contingency has been recognized in the accompanying financial statements. Federal and state income tax statues dictate that tax returns filed in any of the three previous reporting periods remain open to examination. Currently the Foundation has no open examination with either the Internal Revenue Service or state taxing authorities. The Foundations policy is to record any income tax related penalties and interest incurred as operating expense. There were no income tax related penalties or interest included in the accompanying financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part IV, Line 2b: Explanation of escrow account liability
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part V, Line 4: Intended uses of the endowment fund.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01244
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0801104
IRS990ScheduleD/TotalBookValueSecuritiesAmt01484249
IRS990ScheduleD/TotalExpensesPerForm990Amt0802445
IRS990ScheduleD/TotalLiabilityAmt01
IRS990ScheduleD/TotalRevenuePerForm990Amt01199337
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0-70149
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0807615
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0203435
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS FOR TUITION
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0524
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FAIR MARKET VALUE
IRS990ScheduleI/RecipientTable/CashGrantAmt0476829
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0UNIVERSITY CLUB ACTIVITY SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CONSTRUCTION & PROFESSIONAL DEVELOP
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0OKLAHOMA PANHANDLE STATE UNIV
IRS990ScheduleI/RecipientTable/RecipientEIN0736017987
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 430
IRS990ScheduleI/RecipientTable/USAddress/CityNm0GOODWELL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0OK
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd073939
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0FAIR MARKET VALUE
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE GRANT FUNDS ARE NOT AWARDED TO THE INDIVIDUAL, THEY ARE AWARDED TO THE SCHOOL AND THE INDIVIDUAL SO THAT THE SCHOOL WILL RECEIVE THE FUNDS
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt01
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt0163731
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXECUTIVE SECRETARY IS SPOUSE OF BOARD MEMBER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1RETURN IS AVAILABLE FOR REVIEW BY BOARD MEMBERS PRIOR TO FILING. DORIS LOOPER, EXECUTIVE SECRETARY REVIEWS RETURN AND SIGNS UPON APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS AVAILABLE AT LOCAL OFFICE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Change in Interest of Perpetual Trusts = -$41435
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INTEREST IN PERPETUAL TRUST = $301772
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Rounding = -$0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CHANGE IN VALUE OF PERPETUAL TRUST $-41,435
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS:
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0314723
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0333095
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt011180317
IRS990/TotalAssetsEOYAmt010600404
IRS990/TotalAssetsGrp/BOYAmt011180317
IRS990/TotalAssetsGrp/EOYAmt010600404
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0667465
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0122181
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0680264
IRS990/TotalFunctionalExpensesGrp/TotalAmt0802445
IRS990/TotalGrossUBIAmt00

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,600,404
Liabilities
$189,584
Net assets
$10,410,820
Revenue
$1,199,337
Expenses
$802,445
Net income
$396,892
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$23.0$0.27$22.7$3.22$0.51$2.72
2023Detailed filing. Detailed filing data is available for this year.$21.4$0.26$21.1$2.21$0.77$1.43
2022Detailed filing. Detailed filing data is available for this year.$19.1$0.30$18.7$1.89$1.43$0.45
2021Detailed filing. Detailed filing data is available for this year.$20.8$0.24$20.5$2.05$1.26$0.78
2020Detailed filing. Detailed filing data is available for this year.$18.1$0.24$17.8$1.68$1.25$0.43
2019Detailed filing. Detailed filing data is available for this year.$18.3$0.22$18.1$3.54$1.49$2.05
2018Detailed filing. Detailed filing data is available for this year.$14.2$0.20$14.0$2.49$1.50$0.99
2017Detailed filing. Detailed filing data is available for this year.$14.6$0.20$14.4$1.91$1.55$0.37
2016Detailed filing. Detailed filing data is available for this year.$13.7$0.20$13.5$3.02$0.87$2.15
2015Detailed filing. Detailed filing data is available for this year.$10.6$0.19$10.4$1.20$0.80$0.40
2014Detailed filing. Detailed filing data is available for this year.$11.2$0.19$11.0$1.06$0.83$0.23
2013Summary only. Only limited summary data is available for this year.$14.7$4.99$9.75$1.03$0.88$0.15
2012Summary only. Only limited summary data is available for this year.$14.3$5.11$9.23$1.05$0.82$0.23
2011Summary only. Only limited summary data is available for this year.$13.9$5.23$8.65$2.21$0.72$1.48