Civic Intelligence

Angelo State University Foundation Inc.

990 • Fiscal year 2023 • EIN 75-1585285

Sep 01, 2022 to Aug 31, 2023 • Filed on Jul 15, 2024

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

4th percentile

0.00x

Higher debt load relative to assets than 4% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

4th percentile

0.00x

Higher debt load relative to revenue than 4% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

69th percentile

13%

Higher net margin than 69% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

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.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Asset Growth

45th percentile

5.1%

Faster asset growth than 45% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

63rd percentile

12%

Faster revenue growth than 63% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets4th percentile

Assets

Up

$41,498,889

Up $2,000,396 (+5.1%) from 2022

Net Assets

Up

$41,491,419

Up $1,992,926 (+5.0%) from 2022

Liabilities

Up

$7,470

Up $7,470 from 2022

Revenue And Expenses
Liabilities / Revenue4th percentileNet Margin69th percentile

Revenue

Up

$17,432,484

Up $1,846,064 (+12%) from 2022

Expenses

Up

$15,156,179

Up $5,169,384 (+52%) from 2022

Net Income

Down

$2,276,305

Down $3,323,320 (-59%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth45th 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

2023

Assets$41,498,889
Liabilities$7,470
Net Assets$41,491,419
Open 2023 Filing

Operations Trend

Revenue Growth63rd 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

2023

Revenue$17,432,484
Expenses$15,156,179
Net Income$2,276,305
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
Jul 15, 2024
Return Version
2022v5.0
Gross Receipts
$17,560,481
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$2,177,380$1,402,428▼ $774,952
Prepaid Expenses and Deferred Charges-$80,750-
Total Assets$39,498,493$41,498,889▲ $2,000,396
Other Assets Total$37,321,113$40,015,711▲ $2,694,598
Liabilities
Accounts Payable and Accrued Expenses$0$7,470▲ $7,470
Total Liabilities$0$7,470▲ $7,470
Net Assets / Fund Balance
Net Assets With Donor Restrictions$34,746,736$37,409,596▲ $2,662,860
Net Assets Without Donor Restrictions$4,751,757$4,081,823▼ $669,934
Total Net Assets Fund Balance$39,498,493$41,491,419▲ $1,992,926
Total Liabilities and Net Assets / Fund Balance$39,498,493$41,498,889▲ $2,000,396

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$40,015,711--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$37,098,360$2,680,653▼ $133,064-$39,645,949
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
Compensation and Service Providers
Top Officer Pay9th percentile

Board Members and Trustees

NameTitle
Susan BrooksChairman
Ferd HoefsVice Chairman
Albert ReyesDirector
Bob LegrandDirector
Hector LeosDirector
Jerod WhiteDirector
Jill VosburgDirector
Lloyd NorrisDirector
Mary Ellen HartjeDirector
Mike ConawayDirector
Oscar CasillasDirector
Phil GandyDirector
Sharanda El-masriDirector
Troyce WilcoxDirector
Will WelchSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$16,948,021
Program Service Revenue
$0
Investment Income
$268,959
Other Revenue
$215,504
All Other Contributions
$16,289,788
Change in Net Assets
$2,276,305

Audited Revenue Reconciliation

Revenue per Audited Statements
$17,229,402
Revenue Not Reported on Financial Statements
$203,082
Revenue Not Reported on Form 990
$-11,162
Total Revenue per Audited Statements
$17,218,240
Total Revenue per Form 990
$17,432,484
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$14,170,277
Other Expenses$985,902
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$14,170,277--$14,170,277
Travel-$229,338-$229,338
Fees for Service Investment Mgmnt Fees-$203,082-$203,082
Office Expenses-$43,006-$43,006
Fees for Services Accounting-$42,000-$42,000
All Other Expenses-$5,220-$5,220
Advertising$4,426--$4,426
Other Expenses$2,990$176,636-$2,990
Insurance-$934-$934
Total Functional Expenses$14,430,485$725,694$0$15,156,179

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$15,156,179
Total Expenses per Audited Statements$15,066,608
Expenses per Audited Statements$14,953,097
Expenses Not Reported on Financial Statements$203,082
Expenses Not Reported on Form 990$113,511
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Angelo State UniversitySan Angelo, TX-Gifts and Scholarships$14,170,277
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$113,511
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Blue and Gold$442,450-$70,930-
Golf Tournament$89,879-$20,288-
Total Events$658,233-$113,511$-113,511
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
2024-07-15

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 113,511.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expense 113,511.”

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IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0934
IRS990/InsuranceGrp/TotalAmt0934
IRS990/InvestmentIncomeGrp/ExclusionAmt0283445
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0283445
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt022
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt014486
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/NetAssetsOrFundBalancesBOYAmt039498493
IRS990/NetAssetsOrFundBalancesEOYAmt041491419
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-14486
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-14486
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-113511
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-113511
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-124673
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04751757
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04081823
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt043006
IRS990/OfficeExpensesGrp/TotalAmt043006
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt037321113
IRS990/OtherAssetsTotalGrp/EOYAmt040015711
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PERSONAL PROPERTY, FURN
IRS990/OtherExpensesGrp/Desc1RENTAL
IRS990/OtherExpensesGrp/Desc2CONSUMABLES
IRS990/OtherExpensesGrp/Desc3PURCHASED TEMPORARY SER
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt025478
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1176636
IRS990/OtherExpensesGrp/ProgramServicesAmt0162076
IRS990/OtherExpensesGrp/ProgramServicesAmt190716
IRS990/OtherExpensesGrp/ProgramServicesAmt22990
IRS990/OtherExpensesGrp/TotalAmt0187554
IRS990/OtherExpensesGrp/TotalAmt1176636
IRS990/OtherExpensesGrp/TotalAmt290716
IRS990/OtherExpensesGrp/TotalAmt32990
IRS990/OtherRevenueMiscGrp/BusinessCd0900003
IRS990/OtherRevenueMiscGrp/Desc0MISCELLEANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt0148374
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0148374
IRS990/OtherRevenueTotalAmt0148374
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt080750
IRS990/PriorPeriodAdjustmentsAmt0-158706
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt015262840
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt09270841
IRS990/PYInvestmentIncomeAmt0180216
IRS990/PYOtherExpensesAmt0715954
IRS990/PYOtherRevenueAmt0143364
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt05599625
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt09986795
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt015586420
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt02276305
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt0180641
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt0180641
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt016948021
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt015262840
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt012616403
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt08053557
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt012418887
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt065299708
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0464086
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0317841
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0524533
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0603681
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0650030
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02560171
IRS990ScheduleA/PublicSupportCY170Pct00.74360
IRS990ScheduleA/PublicSupportPY170Pct00.77800
IRS990ScheduleA/PublicSupportTotal170Amt050463060
IRS990ScheduleA/SubstantialContributorsTotAmt014836648
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt016948021
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt015262840
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt012616403
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt08053557
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt012418887
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt065299708
IRS990ScheduleA/TotalSupportAmt067859879
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/BeginningYearBalanceAmt037098360
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt02680653
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt039645949
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-133064
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt033486400
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt05609809
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt037098360
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1997849
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt021222410
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt07249126
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt033486400
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt05014864
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt019884258
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt02074334
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt021222410
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-736182
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt017072485
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt03800442
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt019884258
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-988669
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt0113511
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0203082
IRS990ScheduleD/ExpensesSubtotalAmt014953097
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt0203082
IRS990ScheduleD/InvestmentExpensesNotIncldAmt0203082
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-124673
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt040015711
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INVESTMENTS
IRS990ScheduleD/OtherExpensesIncludedAmt0113511
IRS990ScheduleD/OtherRevenueAmt0113511
IRS990ScheduleD/RevenueNotReportedAmt0-11162
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0203082
IRS990ScheduleD/RevenueSubtotalAmt017229402
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 113,511.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSE 113,511.
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/TotalBookValueOtherAssetsAmt040015711
IRS990ScheduleD/TotalExpensesPerForm990Amt015156179
IRS990ScheduleD/TotalRevenuePerForm990Amt017432484
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt017218240
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt015066608
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0658233
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt089879
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt0442450
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt0125904
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0113511
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0BLUE AND GOLD
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt089879
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0442450
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt0125904
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0658233
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-113511
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt022293
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0113511
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt020288
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt070930
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt014170277
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$41,498,889
Liabilities
$7,470
Net assets
$41,491,419
Revenue
$17,432,484
Expenses
$15,156,179
Net income
$2,276,305
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
2023Detailed filing. Detailed filing data is available for this year.$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