Civic Intelligence

Angelo State University Foundation Inc.

990 • Fiscal year 2020 • EIN 75-1585285

Sep 01, 2019 to Aug 31, 2020 • Filed on Jul 15, 2021

Organization ProfileN/A
Asu Station 11009San Angelo, TX 76909-1009

(325) 942-2017

Siviq Scores

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

Liabilities / Assets

3rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

3rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

85th percentile

33%

Higher net margin than 85% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

8th percentile

$0

Higher top officer pay than 8% of similar nonprofits.

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

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

47th percentile

5.8%

Faster asset growth than 47% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

11th percentile

-33%

Faster revenue growth than 11% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets3rd percentile

Assets

Up

$33,794,261

Up $1,852,677 (+5.8%) from 2019

Net Assets

Up

$33,794,261

Up $1,852,677 (+5.8%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue3rd percentileNet Margin85th percentile

Revenue

Down

$8,755,582

Down $4,307,640 (-33%) from 2019

Expenses

Down

$5,864,797

Down $1,753,235 (-23%) from 2019

Net Income

Down

$2,890,785

Down $2,554,405 (-47%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth47th percentile

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

$60M$40M$20M$0Assets 2011: $4,543,291Liabilities 2011: $0Net Assets 2011: $4,543,2912011Assets 2012: $7,984,938Liabilities 2012: $0Net Assets 2012: $7,984,9382012Assets 2013: $9,094,324Liabilities 2013: $0Net Assets 2013: $9,094,3242013Assets 2014: $18,009,519Liabilities 2014: $0Net Assets 2014: $18,009,5192014Assets 2015: $22,684,713Liabilities 2015: $0Net Assets 2015: $22,684,7132015Assets 2016: $29,118,545Liabilities 2016: $0Net Assets 2016: $29,118,5452016Assets 2017: $26,394,312Liabilities 2017: $0Net Assets 2017: $26,394,3122017Assets 2018: $27,854,743Liabilities 2018: $0Net Assets 2018: $27,854,7432018Assets 2019: $31,941,584Liabilities 2019: $0Net Assets 2019: $31,941,5842019Assets 2020: $33,794,261Liabilities 2020: $0Net Assets 2020: $33,794,2612020Assets 2021: $35,914,777Liabilities 2021: $0Net Assets 2021: $35,914,7772021Assets 2022: $39,498,493Liabilities 2022: $0Net Assets 2022: $39,498,4932022Assets 2023: $41,498,889Liabilities 2023: $7,470Net Assets 2023: $41,491,4192023Assets 2024: $48,763,723Liabilities 2024: $2,754Net Assets 2024: $48,760,9692024

Highlighted filing

2020

Assets$33,794,261
Liabilities$0
Net Assets$33,794,261
Open 2020 Filing

Operations Trend

Revenue Growth11th percentile

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

$20M$10M$0-$10MExpenses 2011: $1,229,7182011Expenses 2012: $1,475,5232012Expenses 2013: $1,752,8072013Revenue 2014: $11,885,464Expenses 2014: $3,457,181Net Income 2014: $8,428,2832014Revenue 2015: $10,210,243Expenses 2015: $4,985,829Net Income 2015: $5,224,4142015Revenue 2016: $11,054,208Expenses 2016: $4,087,512Net Income 2016: $6,966,6962016Revenue 2017: $5,184,364Expenses 2017: $9,249,095Net Income 2017: -$4,064,7312017Revenue 2018: $8,420,003Expenses 2018: $7,503,674Net Income 2018: $916,3292018Revenue 2019: $13,063,222Expenses 2019: $7,618,032Net Income 2019: $5,445,1902019Revenue 2020: $8,755,582Expenses 2020: $5,864,797Net Income 2020: $2,890,7852020Revenue 2021: $13,132,707Expenses 2021: $16,407,776Net Income 2021: -$3,275,0692021Revenue 2022: $15,586,420Expenses 2022: $9,986,795Net Income 2022: $5,599,6252022Revenue 2023: $17,432,484Expenses 2023: $15,156,179Net Income 2023: $2,276,3052023Revenue 2024: $13,273,689Expenses 2024: $8,633,826Net Income 2024: $4,639,8632024

Highlighted filing

2020

Revenue$8,755,582
Expenses$5,864,797
Net Income$2,890,785
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Jul 15, 2021
Return Version
2019v5.2
Gross Receipts
$8,786,810
Mission and Program Overview

Mission

Provides financial assistance to angelo state university (asu) to address the institution's broad-based needs. Oversees management, investment, and distribution of all foundation funds for the furtherance of educational purposes at asu and in accordance with donor's wishes.

The angelo state university foundation is an advocate for successful performance by positioning asu as an institution of distinction; raising gifts and endowment funds on behalf of the university; stewardship of funds, caring for donors, and reporting on gifts and endowments; working closely with the board of regents and the university administration and reporting on gifts and endowment; and supporting and promoting all colleges, schools, and programs of asu.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$932,120$1,171,121▲ $239,001
Total Assets$31,941,584$33,794,261▲ $1,852,677
Other Assets Total$31,009,464$32,623,140▲ $1,613,676
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$29,747,678$31,471,070▲ $1,723,392
Net Assets Without Donor Restrictions$2,193,906$2,323,191▲ $129,285
Total Net Assets Fund Balance$31,941,584$33,794,261▲ $1,852,677
Total Liabilities and Net Assets / Fund Balance$31,941,584$33,794,261▲ $1,852,677

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$32,623,140--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$19,884,258$2,074,334▼ $736,182-$21,222,410
2018$17,072,485$3,800,442▼ $988,669-$19,884,258
2017$14,364,926$2,272,849▲ $434,710-$17,072,485
2016$12,359,558$1,005,653▲ $999,715-$14,364,926
2015$11,275,472$1,529,371▼ $445,285-$12,359,558
Compensation and Service Providers
Top Officer Pay8th percentile

Board Members and Trustees

NameTitle
Lloyd NorrisChairman
Bryan VincentVice Chairman
Bob HousleyDirector
Bob LegrandDirector
Jay YoungDirector
Jim HughesDirector
Joey HendersonDirector
Keith WileyDirector
Lori a Shrider-elmerDirector
Morris OverstreetDirector
Richard G MayerDirector
Sande HarrisonDirector
Susan BrooksDirector
Troyce WilcoxDirector
Ferd HoefsSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$8,053,557
Program Service Revenue
$0
Investment Income
$476,655
Other Revenue
$225,370
All Other Contributions
$7,679,696
Change in Net Assets
$2,890,785

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,722,951
Revenue Not Reported on Financial Statements
$32,631
Revenue Not Reported on Form 990
$-1,006,880
Total Revenue per Audited Statements
$7,716,071
Total Revenue per Form 990
$8,755,582
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$5,591,992
Other Expenses$272,805
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$5,591,992--$5,591,992
Fees for Service Investment Mgmnt Fees-$32,631-$32,631
Fees for Services Accounting-$27,475-$27,475
Office Expenses-$22,164-$22,164
Advertising$8,550$4,500-$13,050
Other Expenses$9,545$12,902-$9,545
Travel-$8,849-$8,849
All Other Expenses-$8,165-$8,165
Insurance-$416-$416
Total Functional Expenses$5,747,695$117,102$0$5,864,797

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$5,864,797
Total Expenses per Audited Statements$5,863,394
Expenses per Audited Statements$5,832,166
Expenses Not Reported on Financial Statements$32,631
Expenses Not Reported on Form 990$31,228
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Angelo State UniversitySan Angelo, TX-Gifts and Scholarships$5,591,992
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$31,228
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Blue and Gold$266,866-$16,229-
Golf Tournament$69,055-$14,999-
Total Events$371,811-$31,228$-31,228
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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 8B

“NO UNDERLYING COMMITTEES”

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

“The form 990 will be reviewed by the asu controller prior to filing and will be presented to the board of directors at their next regularly scheduled board meeting.”

Form 990, Part VI, Section B, Line 12C

“Board members are required to disclose conflicts of interest. Conflicts of interest are discussed at quarterly board meetings.”

Form 990, Part VI, Section C, Line 18

“SEE SCHEDULE O”

Form 990, Part VI, Section C, Line 19

“Governing documents, policies, and financial information are available upon request.”

Filing and Contact Details

Filer

Filer Name
Angelo State University Foundation Inc
EIN
75-1585285
Phone
3259422017
Address
ASU STATION 11009, SAN ANGELO, TX 76909-1009

Signing Officer

Name
Angie Wright
Title
Vice President
Phone
3259422017
Signed
2021-07-15

Organization Details

Formed
1977
Legal Domicile
TX
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
15

Preparer

Firm
Armstrong Backus & Co Llp
Address
P O BOX 71, SAN ANGELO, TX 76902
Preparer
Gayla Thornton CPA
Phone
3259422017
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

“Distribution of all foundation funds for the furtherance of educational purposes at asu and in accordance with donors' wishes.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expense 31,228.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expense 31,228.”

Raw XML AppendixShowing 400 of 530 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE ANGELO STATE UNIVERSITY FOUNDATION IS AN ADVOCATE FOR SUCCESSFUL PERFORMANCE BY POSITIONING ASU AS AN INSTITUTION OF DISTINCTION; RAISING GIFTS AND ENDOWMENT FUNDS ON BEHALF OF THE UNIVERSITY; STEWARDSHIP OF FUNDS, CARING FOR DONORS, AND REPORTING ON GIFTS AND ENDOWMENTS; WORKING CLOSELY WITH THE BOARD OF REGENTS AND THE UNIVERSITY ADMINISTRATION AND REPORTING ON GIFTS AND ENDOWMENT; AND SUPPORTING AND PROMOTING ALL COLLEGES, SCHOOLS, AND PROGRAMS OF ASU.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt04500
IRS990/AdvertisingGrp/ProgramServicesAmt08550
IRS990/AdvertisingGrp/TotalAmt013050
IRS990/AllOtherContributionsAmt07679696
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt08165
IRS990/AllOtherExpensesGrp/TotalAmt08165
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KIMBERLY ADAMS
IRS990/BooksInCareOfDetail/PhoneNum03259422017
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02601 W AVENUE N
IRS990/BooksInCareOfDetail/USAddress/CityNm0SAN ANGELO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd076904
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0932120
IRS990/CashNonInterestBearingGrp/EOYAmt01171121
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt0373861
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt08053557
IRS990/CYGrantsAndSimilarPaidAmt05591992
IRS990/CYInvestmentIncomeAmt0476655
IRS990/CYOtherExpensesAmt0272805
IRS990/CYOtherRevenueAmt0225370
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt02890785
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt05864797
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt08755582
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0GENERAL DEVELOPMENT OF ADMINISTRATION, FACULTY AND STUDENT BODY. THIS ORGANIZATION HELPED THOUSANDS OF STUDENTS THIS YEAR, AS WELL AS MANY FACULTY AND STAFF MEMBERS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt029747678
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt031471070
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt05747695
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt027475
IRS990/FeesForServicesAccountingGrp/TotalAmt027475
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt032631
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt032631
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/PersonNm0LLOYD NORRIS
IRS990/Form990PartVIISectionAGrp/PersonNm1BRYAN VINCENT
IRS990/Form990PartVIISectionAGrp/PersonNm2FERD HOEFS
IRS990/Form990PartVIISectionAGrp/PersonNm3SUSAN BROOKS
IRS990/Form990PartVIISectionAGrp/PersonNm4LORI A SHRIDER-ELMER
IRS990/Form990PartVIISectionAGrp/PersonNm5SANDE HARRISON
IRS990/Form990PartVIISectionAGrp/PersonNm6JOEY HENDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm7BOB HOUSLEY
IRS990/Form990PartVIISectionAGrp/PersonNm8JIM HUGHES
IRS990/Form990PartVIISectionAGrp/PersonNm9BOB LEGRAND
IRS990/Form990PartVIISectionAGrp/PersonNm10RICHARD G MAYER
IRS990/Form990PartVIISectionAGrp/PersonNm11MORRIS OVERSTREET
IRS990/Form990PartVIISectionAGrp/PersonNm12TROYCE WILCOX
IRS990/Form990PartVIISectionAGrp/PersonNm13KEITH WILEY
IRS990/Form990PartVIISectionAGrp/PersonNm14JAY YOUNG
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01977
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0373861
IRS990/FundraisingDirectExpensesAmt031228
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/SecuritiesAmt0742
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantAmt05591992
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt05591992
IRS990/GrantsToDomesticOrgsGrp/TotalAmt05591992
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0742
IRS990/GrossReceiptsAmt08786810
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0416
IRS990/InsuranceGrp/TotalAmt0416
IRS990/InvestmentIncomeGrp/ExclusionAmt0475913
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0475913
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDES FINANCIAL ASSISTANCE TO ANGELO STATE UNIVERSITY (ASU) TO ADDRESS THE INSTITUTION'S BROAD-BASED NEEDS. OVERSEES MANAGEMENT, INVESTMENT, AND DISTRIBUTION OF ALL FOUNDATION FUNDS FOR THE FURTHERANCE OF EDUCATIONAL PURPOSES AT ASU AND IN ACCORDANCE WITH DONORS' WISHES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt031941584
IRS990/NetAssetsOrFundBalancesEOYAmt033794261
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0742
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0742
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-31228
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-31228
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-1038108
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02193906
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02323191
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt022164
IRS990/OfficeExpensesGrp/TotalAmt022164
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt031009464
IRS990/OtherAssetsTotalGrp/EOYAmt032623140
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CONSUMABLES
IRS990/OtherExpensesGrp/Desc1PERSONAL PROPERTY, FURN
IRS990/OtherExpensesGrp/Desc2AWARDS
IRS990/OtherExpensesGrp/Desc3PURCHASED TEMPORARY SER
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012902
IRS990/OtherExpensesGrp/ProgramServicesAmt090968
IRS990/OtherExpensesGrp/ProgramServicesAmt146640
IRS990/OtherExpensesGrp/ProgramServicesAmt29545
IRS990/OtherExpensesGrp/TotalAmt090968
IRS990/OtherExpensesGrp/TotalAmt146640
IRS990/OtherExpensesGrp/TotalAmt212902
IRS990/OtherExpensesGrp/TotalAmt39545
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLEANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt0128830
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0128830
IRS990/OtherRevenueTotalAmt0128830
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt012418887
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt07276167
IRS990/PYInvestmentIncomeAmt0376400
IRS990/PYOtherExpensesAmt0341865
IRS990/PYOtherRevenueAmt0267935
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt05445190
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt07618032
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt013063222
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt02890785
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt0127768
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt0127768
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt08053557
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt012418887
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt07890085
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04578922
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt09905379
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt042846830
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0603681
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0650030
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0489212
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0534255
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0115292
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02392470
IRS990ScheduleA/PublicSupportCY170Pct00.63850
IRS990ScheduleA/PublicSupportPY170Pct00.55900
IRS990ScheduleA/PublicSupportTotal170Amt028884960
IRS990ScheduleA/SubstantialContributorsTotAmt013961870
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt08053557
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt012418887
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt07890085
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04578922
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt09905379
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt042846830
IRS990ScheduleA/TotalSupportAmt045239300
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/BeginningYearBalanceAmt019884258
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt02074334
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt021222410
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-736182
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt017072485
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt03800442
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt019884258
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-988669
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt014364926
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt02272849
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt017072485
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0434710
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt012359558
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt01005653
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt014364926
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0999715
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt011275472
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt01529371
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt012359558
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-445285
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt031228
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt032631
IRS990ScheduleD/ExpensesSubtotalAmt05832166
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt032631
IRS990ScheduleD/InvestmentExpensesNotIncldAmt032631
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-1038108
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt032623140
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INVESTMENTS
IRS990ScheduleD/OtherExpensesIncludedAmt031228
IRS990ScheduleD/OtherRevenueAmt031228
IRS990ScheduleD/RevenueNotReportedAmt0-1006880
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt032631
IRS990ScheduleD/RevenueSubtotalAmt08722951
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DISTRIBUTION OF ALL FOUNDATION FUNDS FOR THE FURTHERANCE OF EDUCATIONAL PURPOSES AT ASU AND IN ACCORDANCE WITH DONORS' WISHES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSE 31,228.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSE 31,228.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt032623140
IRS990ScheduleD/TotalExpensesPerForm990Amt05864797
IRS990ScheduleD/TotalRevenuePerForm990Amt08755582
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07716071
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05863394
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0371811
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt069055
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt0266866
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt035890
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt031228
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0BLUE AND GOLD
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt069055
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0266866
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt035890
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0371811
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-31228
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt031228
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt014999
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt016229
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt05591992
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GIFTS AND SCHOLARSHIPS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ANGELO STATE UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientEIN0756002403
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02601 WEST AVENUE N
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SAN ANGELO

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$33,794,261
Liabilities
$0
Net assets
$33,794,261
Revenue
$8,755,582
Expenses
$5,864,797
Net income
$2,890,785
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$48.8$0.00$48.8$13.3$8.63$4.64
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.5$0.01$41.5$17.4$15.2$2.28
2022Detailed filing. Detailed filing data is available for this year.$39.5$0.00$39.5$15.6$9.99$5.60
2021Detailed filing. Detailed filing data is available for this year.$35.9$0.00$35.9$13.1$16.4$3.28
2020Detailed filing. Detailed filing data is available for this year.$33.8$0.00$33.8$8.76$5.86$2.89
2019Detailed filing. Detailed filing data is available for this year.$31.9$0.00$31.9$13.1$7.62$5.45
2018Detailed filing. Detailed filing data is available for this year.$27.9$0.00$27.9$8.42$7.50$0.92
2017Detailed filing. Detailed filing data is available for this year.$26.4$0.00$26.4$5.18$9.25$4.06
2016Detailed filing. Detailed filing data is available for this year.$29.1$0.00$29.1$11.1$4.09$6.97
2015Detailed filing. Detailed filing data is available for this year.$22.7$0.00$22.7$10.2$4.99$5.22
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.0$0.00$18.0$11.9$3.46$8.43
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.09$0.00$9.09$1.75
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.98$0.00$7.98$1.48
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.54$0.00$4.54$1.23