Civic Intelligence

Murray State College Foundation Inc.

990 • Fiscal year 2015 • EIN 73-1086692

Jul 01, 2014 to Jun 30, 2015 • Filed on May 16, 2016

One Murray CampusTishomingo, OK 73460

(580) 371-2371

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.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

93rd percentile

4.37x

Higher debt load relative to revenue than 93% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

87th percentile

37%

Higher net margin than 87% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

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

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

94th percentile

55%

Faster asset growth than 94% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

90th percentile

56%

Faster revenue growth than 90% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Up

$8,654,679

Up $3,086,741 (+55%) from 2014

Net Assets

Down

$5,002,107

Down $564,656 (-10%) from 2014

Liabilities

Up

$3,652,572

Up $3,651,397 (+310757%) from 2014

Revenue

Up

$836,122

Up $301,410 (+56%) from 2014

Expenses

Up

$522,654

Up $122,757 (+31%) from 2014

Net Income

Up

$313,468

Up $178,653 (+133%) from 2014

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $3,127,278Liabilities 2011: $1,175Net Assets 2011: $3,126,1032011Assets 2012: $3,062,196Liabilities 2012: $1,175Net Assets 2012: $3,061,0212012Assets 2013: $5,292,601Liabilities 2013: $1,175Net Assets 2013: $5,291,4262013Assets 2014: $5,567,938Liabilities 2014: $1,175Net Assets 2014: $5,566,7632014Assets 2015: $8,654,679Liabilities 2015: $3,652,572Net Assets 2015: $5,002,1072015Assets 2016: $8,751,089Liabilities 2016: $3,653,437Net Assets 2016: $5,097,6522016Assets 2017: $8,595,563Liabilities 2017: $3,625,029Net Assets 2017: $4,970,5342017Assets 2018: $6,940,762Liabilities 2018: $3,474,025Net Assets 2018: $3,466,7372018Assets 2019: $6,870,849Liabilities 2019: $3,415,655Net Assets 2019: $3,455,1942019Assets 2020: $6,984,654Liabilities 2020: $3,346,013Net Assets 2020: $3,638,6412020Assets 2021: $7,502,944Liabilities 2021: $3,275,593Net Assets 2021: $4,227,3512021Assets 2022: $6,635,474Liabilities 2022: $3,204,408Net Assets 2022: $3,431,0662022Assets 2023: $7,144,136Liabilities 2023: $3,115,289Net Assets 2023: $4,028,8472023Assets 2024: $7,602,058Liabilities 2024: $3,033,189Net Assets 2024: $4,568,8692024Assets 2025: $10,984,893Liabilities 2025: $3,125,036Net Assets 2025: $7,859,8572025

Highlighted filing

2015

Assets$8,654,679
Liabilities$3,652,572
Net Assets$5,002,107

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2011: $158,6742011Revenue 2012: $190,547Expenses 2012: $228,499Net Income 2012: -$37,9522012Expenses 2013: $268,0302013Revenue 2014: $534,712Expenses 2014: $399,897Net Income 2014: $134,8152014Revenue 2015: $836,122Expenses 2015: $522,654Net Income 2015: $313,4682015Revenue 2016: $534,817Expenses 2016: $289,712Net Income 2016: $245,1052016Revenue 2017: $522,345Expenses 2017: $553,917Net Income 2017: -$31,5722017Revenue 2018: $797,160Expenses 2018: $2,230,257Net Income 2018: -$1,433,0972018Revenue 2019: $589,157Expenses 2019: $679,198Net Income 2019: -$90,0412019Revenue 2020: $618,755Expenses 2020: $458,103Net Income 2020: $160,6522020Revenue 2021: $778,269Expenses 2021: $541,597Net Income 2021: $236,6722021Revenue 2022: $535,074Expenses 2022: $602,676Net Income 2022: -$67,6022022Revenue 2023: $167,474Expenses 2023: $440,481Net Income 2023: -$273,0072023Revenue 2024: $809,414Expenses 2024: $533,398Net Income 2024: $276,0162024Revenue 2025: $3,633,810Expenses 2025: $639,380Net Income 2025: $2,994,4302025

Highlighted filing

2015

Revenue$836,122
Expenses$522,654
Net Income$313,468
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 16, 2016
Return Version
2014v6.0
Gross Receipts
$2,525,528
Mission and Program Overview

Mission

To provide support to murray state college for student scholarships, faculty initiatives, and college development.

To support Murray State College by providing scholarships, equipment for educational programs and construction of facilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,844,767$3,977,080▲ $132,313
Land, Buildings, and Equipment, Net$9,044$3,017,952▲ $3,008,908
Pledges and Grants Receivable$1,500,000$1,500,000→ $0
Cash and Non-Interest-Bearing Accounts$213,262$158,782▼ $54,480
Prepaid Expenses and Deferred Charges$865$865→ $0
Accounts Receivable-$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-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$5,567,938$8,654,679▲ $3,086,741
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property-$3,651,397-
Other Liabilities$1,175$1,175→ $0
Total Liabilities$1,175$3,652,572▲ $3,651,397
Net Assets / Fund Balance
Temporarily Rstr Net Assets$3,541,593$3,613,646▲ $72,053
Permanently Rstr Net Assets$1,721,363$1,723,863▲ $2,500
Unrestricted Net Assets$303,807$-335,402▼ $639,209
Total Net Assets Fund Balance$5,566,763$5,002,107▼ $564,656
Total Liabilities and Net Assets / Fund Balance$5,567,938$8,654,679▲ $3,086,741

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,957,432$1,117,138-
Other Land Buildings$60,520--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$387,344
Program Service Revenue
$0
Investment Income
$433,759
Other Revenue
$15,019
All Other Contributions
$387,344
Change in Net Assets
$313,468

Audited Revenue Reconciliation

Revenue per Audited Statements
$836,122
Revenue Not Reported on Form 990
$-290,607
Total Revenue per Audited Statements
$545,515
Total Revenue per Form 990
$836,122
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$340,798
Grants and Similar Amounts Paid$181,856
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$336,073--$336,073
Grants to Domestic Individuals$181,856--$181,856
Depreciation Depletion$4,725--$4,725
Total Functional Expenses$522,654$0$0$522,654

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$522,654
Total Expenses per Audited Statements$522,654
Total Expenses per Form 990$522,654
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
Deposits Payable$1,175
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
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

This year the 990 was filed electronically to meet the tax filing deadline. The executive director will review the audit and present to the Board. An amended return will be filed if errors are found.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The executive director knows all board members personally and would easily identify changes in conflicts. Also, the board is required to sign a conflict of interest policy disclosing any conflicts, if applicable.

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

Information is available at the foundation's office.

Filing and Contact Details

Filer

Filer Name
Murray State College Foundation Inc
EIN
73-1086692
Phone
5803712371
Address
One Murray Campus, Tishomingo, OK 73460

Signing Officer

Name
Judith Huston
Title
Executive Director
Signed
2016-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Norma Howard
Formed
1979
Legal Domicile
Ok
Voting Board Members
16
Independent Board Members
16
Employees
0

Preparer

Firm
Hinkle & Company Pc
Address
5028 East 101st St, Tulsa, OK 74137
Preparer
James D Hinkle CPA
Phone
9184923388
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IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0269129
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0269129
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01117138
IRS990/LandBldgEquipBasisNetGrp/BOYAmt09044
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03017952
IRS990/LandBldgEquipCostOrOtherBssAmt04135090
IRS990/LegalDomicileStateCd0OK
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01685272
IRS990/LessRentalExpensesGrp/RealAmt04134
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To support Murray State College by providing scholarships, equipment for educational programs and construction of facilities.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03651397
IRS990/NetAssetsOrFundBalancesBOYAmt05566763
IRS990/NetAssetsOrFundBalancesEOYAmt05002107
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0164630
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0164630
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt010016
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt010016
IRS990/NetUnrlzdGainsLossesInvstAmt0-290607
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Program Serv Expense
IRS990/OtherExpensesGrp/ProgramServicesAmt0336073
IRS990/OtherExpensesGrp/TotalAmt0336073
IRS990/OtherLiabilitiesGrp/BOYAmt01175
IRS990/OtherLiabilitiesGrp/EOYAmt01175
IRS990/OtherRevenueMiscGrp/Desc0Other Income
IRS990/OtherRevenueMiscGrp/ExclusionAmt05003
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05003
IRS990/OtherRevenueTotalAmt05003
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01721363
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01723863
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01500000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01500000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0865
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0865
IRS990/PrincipalOfficerNm0Norma Howard
IRS990/PriorPeriodAdjustmentsAmt0-587517
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0To provide funds to enrich academic programs
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0181856
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0264740
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0342792
IRS990/PYInvestmentIncomeAmt0204740
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt057105
IRS990/PYOtherRevenueAmt065232
IRS990/PYRevenuesLessExpensesAmt0134815
IRS990/PYTotalExpensesAmt0399897
IRS990/PYTotalRevenueAmt0534712
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0313468
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt010016
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03844767
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03977080
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Income from rental activities
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Support Schedule: Other Income Explanation
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0169936
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0264740
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0832673
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt018538
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt016816
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01302703
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0143152
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0349070
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0159971
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt021321
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0194189
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0867703
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt015019
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt065232
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt021019
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt011186
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt013660
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0126116
IRS990ScheduleA/PublicSupportCY170Pct00.56730
IRS990ScheduleA/PublicSupportTotal170Amt01302703
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0169936
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0264740
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0832673
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt018538
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt016816
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01302703
IRS990ScheduleA/TotalSupportAmt02296522
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/BuildingsGrp/BookValueAmt02957432
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01117138

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$11.0$3.13$7.86$3.63$0.64$2.99
2024Detailed filing. Detailed filing data is available for this year.$7.60$3.03$4.57$0.81$0.53$0.28
2023Detailed filing. Detailed filing data is available for this year.$7.14$3.12$4.03$0.17$0.44$0.27
2022Detailed filing. Detailed filing data is available for this year.$6.64$3.20$3.43$0.54$0.60$0.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.50$3.28$4.23$0.78$0.54$0.24
2020Detailed filing. Detailed filing data is available for this year.$6.98$3.35$3.64$0.62$0.46$0.16
2019Summary only. Only limited summary data is available for this year.$6.87$3.42$3.46$0.59$0.68$0.09
2018Summary only. Only limited summary data is available for this year.$6.94$3.47$3.47$0.80$2.23$1.43
2017Detailed filing. Detailed filing data is available for this year.$8.60$3.63$4.97$0.52$0.55$0.03
2016Detailed filing. Detailed filing data is available for this year.$8.75$3.65$5.10$0.53$0.29$0.25
2015Detailed filing. Detailed filing data is available for this year.$8.65$3.65$5.00$0.84$0.52$0.31
2014Detailed filing. Detailed filing data is available for this year.$5.57$0.00$5.57$0.53$0.40$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.29$0.00$5.29$0.27
2012Summary only. Only limited summary data is available for this year.$3.06$0.00$3.06$0.19$0.23$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.13$0.00$3.13$0.16