Civic Intelligence

Angelo State University Foundation Inc.

990 • Fiscal year 2022 • EIN 75-1585285

Sep 01, 2021 to Aug 31, 2022 • Filed on Jul 05, 2023

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.

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

Liabilities / Revenue

3rd percentile

0.00x

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

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

Net Margin

84th percentile

36%

Higher net margin than 84% of similar nonprofits.

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

Top Officer Pay

9th percentile

$0

Higher top officer pay than 9% of similar nonprofits.

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

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

Asset Growth

72nd percentile

10.0%

Faster asset growth than 72% of similar nonprofits.

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

Revenue Growth

71st percentile

19%

Faster revenue growth than 71% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets3rd percentile

Assets

Up

$39,498,493

Up $3,583,716 (+10.0%) from 2021

Net Assets

Up

$39,498,493

Up $3,583,716 (+10.0%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue3rd percentileNet Margin84th percentile

Revenue

Up

$15,586,420

Up $2,453,713 (+19%) from 2021

Expenses

Down

$9,986,795

Down $6,420,981 (-39%) from 2021

Net Income

Up

$5,599,625

Up $8,874,694 (+271%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth72nd 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

2022

Assets$39,498,493
Liabilities$0
Net Assets$39,498,493
Open 2022 Filing

Operations Trend

Revenue Growth71st 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

2022

Revenue$15,586,420
Expenses$9,986,795
Net Income$5,599,625
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Jul 5, 2023
Return Version
2021v4.2
Gross Receipts
$15,688,542
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$2,232,078$2,177,380▼ $54,698
Total Assets$35,914,777$39,498,493▲ $3,583,716
Other Assets Total$33,682,699$37,321,113▲ $3,638,414
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$29,120,443$34,746,736▲ $5,626,293
Net Assets Without Donor Restrictions$6,794,334$4,751,757▼ $2,042,577
Total Net Assets Fund Balance$35,914,777$39,498,493▲ $3,583,716
Total Liabilities and Net Assets / Fund Balance$35,914,777$39,498,493▲ $3,583,716

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$37,321,113--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$33,486,400$5,609,809▼ $1,997,849-$37,098,360
2020$21,222,410$7,249,126▲ $5,014,864-$33,486,400
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
Compensation and Service Providers
Top Officer Pay9th percentile

Board Members and Trustees

NameTitle
Bryan VincentChairman
Susan BrooksVice Chairman
Bob LegrandDirector
Jay YoungDirector
Jerod WhiteDirector
Jim HughesDirector
Keith WileyDirector
Lloyd NorrisDirector
Mike ConawayDirector
Morris OverstreetDirector
Oscar CasillasDirector
Richard G MayerDirector
Troyce WilcoxDirector
Will WelchDirector
Ferd HoefsSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$15,262,840
Program Service Revenue
$0
Investment Income
$180,216
Other Revenue
$143,364
All Other Contributions
$14,582,241
Change in Net Assets
$5,599,625

Audited Revenue Reconciliation

Revenue per Audited Statements
$15,405,687
Revenue Not Reported on Financial Statements
$180,733
Revenue Not Reported on Form 990
$-1,913,787
Total Revenue per Audited Statements
$13,491,900
Total Revenue per Form 990
$15,586,420
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$9,270,841
Other Expenses$715,954
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$9,270,841--$9,270,841
Fees for Services Accounting-$209,500-$209,500
Fees for Service Investment Mgmnt Fees-$180,733-$180,733
Office Expenses-$31,780-$31,780
Other Expenses$21,335$31,193-$21,335
All Other Expenses-$15,141-$15,141
Insurance-$930-$930
Travel-$489-$489
Total Functional Expenses$9,515,094$471,701$0$9,986,795

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$9,986,795
Total Expenses per Audited Statements$9,908,184
Expenses per Audited Statements$9,806,062
Expenses Not Reported on Financial Statements$180,733
Expenses Not Reported on Form 990$102,122
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Angelo State UniversitySan Angelo, TX-Gifts and Scholarships$9,270,841
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$102,122
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Blue and Gold$496,159-$56,246-
Golf Tournament$96,771-$23,920-
Total Events$680,599-$102,122$-102,122
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
2023-07-05

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 102,122.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expense 102,122.”

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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/NetAssetsOrFundBalancesBOYAmt035914777
IRS990/NetAssetsOrFundBalancesEOYAmt039498493
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt02311
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt02311
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-102122
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-102122
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-2015909
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt06794334
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04751757
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt031780
IRS990/OfficeExpensesGrp/TotalAmt031780
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt033682699
IRS990/OtherAssetsTotalGrp/EOYAmt037321113
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CONSUMABLES
IRS990/OtherExpensesGrp/Desc1PERSONAL PROPERTY, FURN
IRS990/OtherExpensesGrp/Desc2RENTAL
IRS990/OtherExpensesGrp/Desc3PURCHASED TEMPORARY SER
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01935
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt131193
IRS990/OtherExpensesGrp/ProgramServicesAmt0154171
IRS990/OtherExpensesGrp/ProgramServicesAmt168747
IRS990/OtherExpensesGrp/ProgramServicesAmt221335
IRS990/OtherExpensesGrp/TotalAmt0154171
IRS990/OtherExpensesGrp/TotalAmt170682
IRS990/OtherExpensesGrp/TotalAmt231193
IRS990/OtherExpensesGrp/TotalAmt321335
IRS990/OtherRevenueMiscGrp/BusinessCd0900003
IRS990/OtherRevenueMiscGrp/Desc0MISCELLEANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt0105550
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0105550
IRS990/OtherRevenueTotalAmt0105550
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt012616403
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt016131331
IRS990/PYInvestmentIncomeAmt0447041
IRS990/PYOtherExpensesAmt0276445
IRS990/PYOtherRevenueAmt069263
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-3275069
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt016407776
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt013132707
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt05599625
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt0139936
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt0139936
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt015262840
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt012616403
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt08053557
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt012418887
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt07890085
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt056241772
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0317841
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0524533
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0603681
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0650030
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0489212
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02585297
IRS990ScheduleA/PublicSupportCY170Pct00.77800
IRS990ScheduleA/PublicSupportPY170Pct00.75040
IRS990ScheduleA/PublicSupportTotal170Amt045767548
IRS990ScheduleA/SubstantialContributorsTotAmt010474224
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt015262840
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt012616403
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt08053557
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt012418887
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt07890085
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt056241772
IRS990ScheduleA/TotalSupportAmt058827069
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/BeginningYearBalanceAmt033486400
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt05609809
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt037098360
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1997849
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt021222410
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt07249126
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt033486400
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt05014864
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt019884258
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt02074334
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt021222410
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-736182
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt017072485
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt03800442
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt019884258
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-988669
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt014364926
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt02272849
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt017072485
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0434710
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt0102122
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0180733
IRS990ScheduleD/ExpensesSubtotalAmt09806062
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt0180733
IRS990ScheduleD/InvestmentExpensesNotIncldAmt0180733
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-2015909
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt037321113
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INVESTMENTS
IRS990ScheduleD/OtherExpensesIncludedAmt0102122
IRS990ScheduleD/OtherRevenueAmt0102122
IRS990ScheduleD/RevenueNotReportedAmt0-1913787
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0180733
IRS990ScheduleD/RevenueSubtotalAmt015405687
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 102,122.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSE 102,122.
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/TotalBookValueOtherAssetsAmt037321113
IRS990ScheduleD/TotalExpensesPerForm990Amt09986795
IRS990ScheduleD/TotalRevenuePerForm990Amt015586420
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt013491900
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09908184
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0680599
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt096771
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt0496159
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt087669
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0102122
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0BLUE AND GOLD
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt096771
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0496159
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt087669
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0680599
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-102122
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt021956
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0102122
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt023920
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt056246
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt03
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt09270841
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
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

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Filings

Displayed year

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

Open filing
Assets
$39,498,493
Liabilities
$0
Net assets
$39,498,493
Revenue
$15,586,420
Expenses
$9,986,795
Net income
$5,599,625
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