Civic Intelligence

Angelo State University Foundation Inc.

990 • Fiscal year 2024 • EIN 75-1585285

Sep 01, 2023 to Aug 31, 2024 • Filed on May 30, 2025

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.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

4th percentile

0.00x

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

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

84th percentile

35%

Higher net margin than 84% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

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.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

80th percentile

18%

Faster asset growth than 80% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

9th percentile

-24%

Faster revenue growth than 9% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets4th percentile

Assets

Up

$48,763,723

Up $7,264,834 (+18%) from 2023

Net Assets

Up

$48,760,969

Up $7,269,550 (+18%) from 2023

Liabilities

Down

$2,754

Down $4,716 (-63%) from 2023

Revenue And Expenses
Liabilities / Revenue4th percentileNet Margin84th percentile

Revenue

Down

$13,273,689

Down $4,158,795 (-24%) from 2023

Expenses

Down

$8,633,826

Down $6,522,353 (-43%) from 2023

Net Income

Up

$4,639,863

Up $2,363,558 (+104%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth80th 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

2024

Assets$48,763,723
Liabilities$2,754
Net Assets$48,760,969
Open 2024 Filing

Operations Trend

Revenue Growth9th 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

2024

Revenue$13,273,689
Expenses$8,633,826
Net Income$4,639,863
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
May 30, 2025
Return Version
2023v6.0
Gross Receipts
$13,392,203
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$1,402,428$1,472,537▲ $70,109
Prepaid Expenses and Deferred Charges$80,750$117,188▲ $36,438
Total Assets$41,498,889$48,763,723▲ $7,264,834
Other Assets Total$40,015,711$47,173,998▲ $7,158,287
Liabilities
Accounts Payable and Accrued Expenses$7,470$2,754▼ $4,716
Total Liabilities$7,470$2,754▼ $4,716
Net Assets / Fund Balance
Net Assets With Donor Restrictions$37,409,596$42,126,524▲ $4,716,928
Net Assets Without Donor Restrictions$4,081,823$6,634,445▲ $2,552,622
Total Net Assets Fund Balance$41,491,419$48,760,969▲ $7,269,550
Total Liabilities and Net Assets / Fund Balance$41,498,889$48,763,723▲ $7,264,834

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$47,173,998--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$39,645,949$4,750,606▲ $2,346,599-$46,743,154
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
Compensation and Service Providers
Top Officer Pay9th percentile

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$12,320,047
Program Service Revenue
$0
Investment Income
$225,427
Other Revenue
$728,215
All Other Contributions
$11,593,598
Change in Net Assets
$4,639,863

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,069,906
Revenue Not Reported on Financial Statements
$203,783
Revenue Not Reported on Form 990
$2,515,276
Total Revenue per Audited Statements
$15,585,182
Total Revenue per Form 990
$13,273,689
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$7,748,060
Other Expenses$885,766
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$7,748,060--$7,748,060
Fees for Service Investment Mgmnt Fees-$203,783-$203,783
Travel-$121,263-$121,263
Office Expenses-$79,741-$79,741
Advertising$25,875$47,180-$73,055
Other Expenses$45,183$65,811-$45,183
All Other Expenses$4,000$37,176-$41,176
Fees for Services Accounting-$9,300-$9,300
Insurance-$4,810-$4,810
Total Functional Expenses$8,064,762$569,064$0$8,633,826

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$8,633,826
Total Expenses per Audited Statements$8,548,557
Expenses per Audited Statements$8,430,043
Expenses Not Reported on Financial Statements$203,783
Expenses Not Reported on Form 990$118,514
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Angelo State UniversitySan Angelo, TX-Gifts and Scholarships$7,748,060
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$118,514
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Blue and Gold$518,882-$73,088-
Golf Tournament$90,012-$21,445-
Total Events$726,449-$118,514$-118,514
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
2025-05-30

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 118,514.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expense 118,514.”

Raw XML AppendixShowing 400 of 535 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.

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IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt04810
IRS990/InsuranceGrp/TotalAmt04810
IRS990/InvestmentIncomeGrp/ExclusionAmt0225427
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0225427
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt024
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0TX
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/NetAssetsOrFundBalancesBOYAmt041491419
IRS990/NetAssetsOrFundBalancesEOYAmt048760969
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-118514
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-118514
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt02396762
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04081823
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt06634445
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt079741
IRS990/OfficeExpensesGrp/TotalAmt079741
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt040015711
IRS990/OtherAssetsTotalGrp/EOYAmt047173998
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CONSUMABLES
IRS990/OtherExpensesGrp/Desc1PERSONAL PROPERTY, FURN
IRS990/OtherExpensesGrp/Desc2RENTAL
IRS990/OtherExpensesGrp/Desc3PURCHASED TEMPORARY SER
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt065811
IRS990/OtherExpensesGrp/ProgramServicesAmt0131038
IRS990/OtherExpensesGrp/ProgramServicesAmt1110606
IRS990/OtherExpensesGrp/ProgramServicesAmt245183
IRS990/OtherExpensesGrp/TotalAmt0131038
IRS990/OtherExpensesGrp/TotalAmt1110606
IRS990/OtherExpensesGrp/TotalAmt265811
IRS990/OtherExpensesGrp/TotalAmt345183
IRS990/OtherRevenueMiscGrp/BusinessCd0900003
IRS990/OtherRevenueMiscGrp/Desc0MISCELLEANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt0218401
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0218401
IRS990/OtherRevenueTotalAmt0218401
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt080750
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0117188
IRS990/PriorPeriodAdjustmentsAmt0232925
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt016948021
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt014170277
IRS990/PYInvestmentIncomeAmt0268959
IRS990/PYOtherExpensesAmt0985902
IRS990/PYOtherRevenueAmt0215504
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt02276305
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt015156179
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt017432484
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt04639863
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt0628328
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt0628328
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt012320047
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt016948021
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt015262840
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt012616403
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt08053557
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt065200868
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0853755
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0464086
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0317841
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0524533
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0603681
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02763896
IRS990ScheduleA/PublicSupportCY170Pct00.73600
IRS990ScheduleA/PublicSupportPY170Pct00.74360
IRS990ScheduleA/PublicSupportTotal170Amt050022856
IRS990ScheduleA/SubstantialContributorsTotAmt015178012
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt012320047
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt016948021
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt015262840
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt012616403
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt08053557
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt065200868
IRS990ScheduleA/TotalSupportAmt067964764
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/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt039645949
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt04750606
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt046743154
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt02346599
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt037098360
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt02680653
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt039645949
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-133064
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt033486400
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt05609809
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt037098360
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1997849
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt021222410
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt07249126
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt033486400
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt05014864
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt019884258
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt02074334
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt021222410
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-736182
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt0118514
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0203783
IRS990ScheduleD/ExpensesSubtotalAmt08430043
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt0203783
IRS990ScheduleD/InvestmentExpensesNotIncldAmt0203783
IRS990ScheduleD/NetUnrealizedGainsInvstAmt02396762
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt047173998
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INVESTMENTS
IRS990ScheduleD/OtherExpensesIncludedAmt0118514
IRS990ScheduleD/OtherRevenueAmt0118514
IRS990ScheduleD/RevenueNotReportedAmt02515276
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0203783
IRS990ScheduleD/RevenueSubtotalAmt013069906
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 118,514.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSE 118,514.
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/TotalBookValueOtherAssetsAmt047173998
IRS990ScheduleD/TotalExpensesPerForm990Amt08633826
IRS990ScheduleD/TotalRevenuePerForm990Amt013273689
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt015585182
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08548557
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0726449
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt090012
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt0518882
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt0117555
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0118514
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0BLUE AND GOLD
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt090012
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0518882
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt0117555
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0726449
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-118514
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt023981
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0118514
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt021445
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt073088
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt07748060
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GIFTS AND SCHOLARSHIPS

Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$48,763,723
Liabilities
$2,754
Net assets
$48,760,969
Revenue
$13,273,689
Expenses
$8,633,826
Net income
$4,639,863
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