CHADRON STATE FOUNDATION: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- CHADRON STATE FOUNDATION (EIN 23-7352673)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2024-10-08
- IRS object ID
- 202442829349300149
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-10-08T10:50:02-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 460403496 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CASEY PETERSON LTD | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 909 ST JOSEPH ST STE 101 | AddressLine1Txt |
| City | RAPID CITY | CityNm |
| State Abbreviation | SD | StateAbbreviationCd |
| ZIP | 57701 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237352673 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHADRON STATE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHAD | BusinessNameControlTxt |
| Phone | 3084326361 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 MAIN STREET | AddressLine1Txt |
| City | CHADRON | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 69337 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BEN WATSON | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 3084326361 | PhoneNum |
| Signature | 2024-10-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DEIDRE BUDAHL CPA | PreparerPersonNm |
| PTIN | P01273830 | PTIN |
| Phone | 6053481930 | PhoneNum |
| Preparation | 2024-10-08 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | BEN WATSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 MAIN STREET | AddressLine1Txt |
| City | CHADRON | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 69337 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,682,450 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CSC.EDU/FOUNDATION | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1963 | FormationYr |
| Legal Domicile State | NE | LegalDomicileStateCd |
| Activity Or Mission | THE CHADRON STATE FOUNDATION IS DEDICATED TO ENHANCING CHADRON STATE COLLEGE'S ABILITY TO MEET ITS PRIMARY EDUCATIONAL MISSION IN WESTERN NEBRASKA. | ActivityOrMissionDesc |
| Voting Members Governing Body | 17 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 17 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,596,858 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,617,855 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $263,466 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $826,687 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,031,379 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$5,063 | PYOtherRevenueAmt |
| CY Other Revenue | -$7,972 | CYOtherRevenueAmt |
| PY Total Revenue | $2,681,948 | PYTotalRevenueAmt |
| CY Total Revenue | $2,641,262 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,819,948 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,347,312 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $516,068 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $502,818 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $293,258 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $304,186 | PYOtherExpensesAmt |
| CY Other Expenses | $312,657 | CYOtherExpensesAmt |
| PY Total Expenses | $2,640,202 | PYTotalExpensesAmt |
| CY Total Expenses | $2,162,787 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $41,746 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $478,475 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $30,914,382 | TotalAssetsBOYAmt |
| Total Assets EOY | $34,287,280 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $844,395 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,110,043 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $30,069,987 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $33,177,237 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE CHADRON STATE FOUNDATION IS DEDICATED TO ENHANCING CHADRON STATE COLLEGE'S ABILITY TO MEET ITS PRIMARY EDUCATIONAL MISSION IN WESTERN NEBRASKA. THE FOUNDATION SUPPORTS SCHOLARSHIP PROGRAMS FOR THE COLLEGE AND UNDERTAKES FUNDRAISING ACTIVITY WHICH PROVIDE RESOURCES VITAL TO THE MISSION OF CHADRON STATE COLLEGE IN THE AREAS OF INSTRUCTION, RESEARCH, AND SERVICE. THE FOUNDATION RECOGNIZES THE GENEROSITY OF DONORS WHO, ACTING INDIVIDUALLY OR AS MEMBERS OF A GROUP, PROVIDE CHADRON STATE AN ALL IMPORTANT MARGIN OF EXCELLENCE AS IT CONTINUES TO MEET THE EDUCATIONAL, ECONOMIC, AND CULTURAL NEEDS OF WESTERN NEBRASKA BOTH TODAY AND WELL INTO THE FUTURE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,600,612 | ExpenseAmt |
| Grant | $1,347,312 | GrantAmt |
| Revenue | -$566 | RevenueAmt |
| Desc | THE FOUNDATION PROVIDES SUPPORT TO CHADRON STATE COLLEGE THROUGH SCHOLARSHIPS AND AWARDS TO THE STUDENTS OF THE COLLEGE AND PROVIDES INSTITUTIONAL SUPPORT OF MANAGEMENT AND SPECIAL PROJECTS RELATED TO THE COLLEGE. | Desc |
| Total Program Service Expenses | $1,600,612 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 5 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 17 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 17 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NE | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3084326361 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 MAIN STREET | AddressLine1Txt |
| City | CHADRON | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 69337 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| JOANNE OWENS-NAUSLER | ||||||
| CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JENNIFER BARP | ||||||
| VICE-CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| CHERYL EMANUEL | ||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ROB BILA | ||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MARK BROHMAN | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DAWSON BRUNSWICK | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LISA CARDER | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CASEY CORTNEY | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| RANDY CULLERS | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JANICE ERWIN | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JAMES GRIMES | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MARY LECHER | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SCOTT NIELSEN | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| RODD RICKENBACH | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SAMI SEGELKE | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JOHN SMITH | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| TIFFANY SMITH | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BEN WATSON | ||||||
| CHIEF EXECUTIVE OFFICER | 40.00 | Yes (X) | $0 | $127,065 | $39,686 | |
| CRICKET HAAG | ||||||
| CONTROLLER | 40.00 | Yes (X) | $0 | $78,176 | $39,010 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $205,241 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $78,696 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $38,286 | FundraisingAmt |
| All Other Contributions | $1,579,569 | AllOtherContributionsAmt |
| Noncash Contributions | $280,000 | NoncashContributionsAmt |
| Total Contributions | $1,617,855 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $772,756 | TotalRevenueColumnAmt |
| Exclusion | $772,756 | ExclusionAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $566 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$566 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$566 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$566 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $258,623 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $258,623 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $258,623 | TotalRevenueColumnAmt |
| Exclusion | $258,623 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $27,783 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $38,286 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $40,622 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$12,839 | TotalRevenueColumnAmt |
| Exclusion | -$12,839 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $5,433 | TotalRevenueColumnAmt |
| Exclusion | $5,433 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $5,433 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,641,262 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$566 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,023,973 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $149,333 | TotalAmt |
| Program Services | $149,333 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,197,979 | TotalAmt |
| Program Services | $1,197,979 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $383,053 | TotalAmt |
| Program Services | $107,734 | ProgramServicesAmt |
| Management And General | $133,457 | ManagementAndGeneralAmt |
| Fundraising | $141,862 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,744 | TotalAmt |
| Program Services | $8,003 | ProgramServicesAmt |
| Management And General | $10,573 | ManagementAndGeneralAmt |
| Fundraising | $10,168 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,523 | TotalAmt |
| Program Services | $11,779 | ProgramServicesAmt |
| Management And General | $36,755 | ManagementAndGeneralAmt |
| Fundraising | $15,989 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,498 | TotalAmt |
| Program Services | $7,411 | ProgramServicesAmt |
| Management And General | $9,293 | ManagementAndGeneralAmt |
| Fundraising | $9,794 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,430 | TotalAmt |
| Management And General | $51,430 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,063 | TotalAmt |
| Program Services | $8,000 | ProgramServicesAmt |
| Management And General | $8,000 | ManagementAndGeneralAmt |
| Fundraising | $12,063 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,647 | TotalAmt |
| Program Services | $3,521 | ProgramServicesAmt |
| Fundraising | $1,126 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $81,247 | TotalAmt |
| Program Services | $38,030 | ProgramServicesAmt |
| Management And General | $6,359 | ManagementAndGeneralAmt |
| Fundraising | $36,858 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,428 | TotalAmt |
| Program Services | $7,674 | ProgramServicesAmt |
| Management And General | $8,080 | ManagementAndGeneralAmt |
| Fundraising | $7,674 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,847 | TotalAmt |
| Program Services | $14,403 | ProgramServicesAmt |
| Fundraising | $13,444 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,241 | TotalAmt |
| Management And General | $1,241 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,204 | TotalAmt |
| Program Services | $615 | ProgramServicesAmt |
| Management And General | $743 | ManagementAndGeneralAmt |
| Fundraising | $846 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PRINTING | $35,165 | $23,248 | $0 | $11,917 |
| BAD DEBT EXPENSE | $21,398 | $0 | $0 | $21,398 |
| PRESIDENTIAL SUPPORT | $16,881 | $16,848 | $33 | |
| EVENTS AND ENTERTAINMEN | $14,023 | $6,006 | $407 | $7,610 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,083 | TotalAmt |
| Program Services | $28 | ProgramServicesAmt |
| Management And General | $2,546 | ManagementAndGeneralAmt |
| Fundraising | $2,509 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,162,787 | TotalAmt |
| Program Services | $1,600,612 | ProgramServicesAmt |
| Management And General | $268,917 | ManagementAndGeneralAmt |
| Fundraising | $293,258 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,515,706 | BOYAmt |
| EOY | $1,152,354 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $309,134 | BOYAmt |
| EOY | $206,045 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,114 | BOYAmt |
| EOY | $21,767 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $415,597 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $98,338 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,500 | BOYAmt |
| EOY | $317,259 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,990,853 | BOYAmt |
| EOY | $32,546,417 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,075 | BOYAmt |
| EOY | $43,438 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,914,382 | BOYAmt |
| EOY | $34,287,280 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,394 | BOYAmt |
| EOY | $43,352 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $761,881 | BOYAmt |
| EOY | $999,733 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,709 | BOYAmt |
| EOY | $66,958 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $411 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $844,395 | BOYAmt |
| EOY | $1,110,043 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,999,106 | BOYAmt |
| EOY | $4,567,894 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,070,881 | BOYAmt |
| EOY | $28,609,343 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,069,987 | BOYAmt |
| EOY | $33,177,237 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,914,382 | BOYAmt |
| EOY | $34,287,280 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $478,475 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,628,775 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,633,760 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,156,090 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,332,092 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,860,324 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,617,855 | CurrentTaxYearAmt |
| Total | $9,600,121 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,633,760 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,156,090 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,332,092 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,860,324 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,617,855 | CurrentTaxYearAmt |
| Total | $9,600,121 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $635,078 | SubstantialContributorsTotAmt |
| Public Support Total170 | $8,965,043 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $626,945 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $553,748 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $524,648 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $718,563 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $772,756 | CurrentTaxYearAmt |
| Total | $3,196,660 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,052 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $80,067 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $113,907 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $44,041 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $33,216 | CurrentTaxYearAmt |
| Total | $279,283 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $13,076,064 | TotalSupportAmt |
| Public Support CY170 | 0.68560 | PublicSupportCY170Pct |
| Public Support PY170 | 0.67940 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $27,881,454 | BeginningYearBalanceAmt |
| Contributions | $1,417,203 | ContributionsAmt |
| Investment Earnings Or Losses | $3,158,533 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $721,568 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $516,544 | AdministrativeExpensesAmt |
| End Year Balance | $31,219,078 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $25,406,144 | BeginningYearBalanceAmt |
| Contributions | $977,661 | ContributionsAmt |
| Investment Earnings Or Losses | $2,547,706 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $577,307 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $472,750 | AdministrativeExpensesAmt |
| End Year Balance | $27,881,454 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $27,847,679 | BeginningYearBalanceAmt |
| Contributions | $1,352,329 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,581,326 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $711,240 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $501,298 | AdministrativeExpensesAmt |
| End Year Balance | $25,406,144 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $21,074,443 | BeginningYearBalanceAmt |
| Contributions | $1,043,431 | ContributionsAmt |
| Investment Earnings Or Losses | $6,577,471 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $413,682 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $433,984 | AdministrativeExpensesAmt |
| End Year Balance | $27,847,679 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $22,226,289 | BeginningYearBalanceAmt |
| Contributions | $326,522 | ContributionsAmt |
| Investment Earnings Or Losses | -$324,028 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $473,154 | GrantsOrScholarshipsAmt |
| Other Expenditures | $285,420 | OtherExpendituresAmt |
| Administrative Expenses | $377,766 | AdministrativeExpensesAmt |
| End Year Balance | $21,074,443 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.09210 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.69640 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.21150 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $86,100 | OtherCostOrOtherBasisAmt |
| Book Value | $86,100 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $232,400 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,241 | DepreciationAmt |
| Book Value | $231,159 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $97,097 | OtherCostOrOtherBasisAmt |
| Depreciation | $97,097 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $317,259 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $5,259,795 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $2,628,775 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $2,628,775 | RevenueNotReportedAmt |
| Revenue Subtotal | $2,631,020 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $51,430 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$41,188 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $10,242 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $2,641,262 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,152,545 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $2,152,545 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $51,430 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | -$41,188 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $10,242 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $2,162,787 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 1A: | THE FOUNDATION HAS A COLLECTION OF ARTWORK AND OTHER MEMORIBILIA THAT WAS DONATED BY SEVERAL SUPPORTERS OF CHADRON STATE COLLEGE. THE COLLECTION IS ON DISPLAY AND IS AVAILABLE TO THOSE WHO ARE INTERESTED IN STUDYING NEBRASKA STATE HISTORY. THE FOUNDATION HAS TAKEN STEPS TO ENSURE THAT THE COLLECTION IS PROTECTED AND PRESERVED. COLLECTION ITEMS ACQUIRED THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IF PURCHASES WITH ASSETS WITHOUT DONOR RESTRICTIONS AND AS DECREASES IN NET ASSETS WITH DONOR RESTRICTIONS IF PURCHASED WITH DONOR-RESTRICTED ASSETS. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED ON THE STATEMENT OF ACTIVITIES BASED ON THE ABSENCE OR EXISTENCE AND NATURE OF DONOR-IMPOSED RESTRICTIONS. IF COLLECTION ITEMS ARE SOLD, THE PROCEEDS FROM THE SALE ARE USED TO PURCHASE ADDITIONAL COLLECTION ITEMS. |
| PART V, LINE 4: | ENDOWMENT FUNDS ARE HELD TO BE USED IN ACCORDANCE WITH DONOR WISHES. THE AUDITED FINANCIAL STATEMENTS OUTLINE ENDOWMENT INVESTMENT AND SPENDING POLICIES. EARNINGS ON ENDOWMENTS ARE USED TO FUND SCHOLARSHIPS TO STUDENTS OR SUPPORT TO COLLEGE DEPARTMENTS AS DESIRED BY THE DONORS. TEMPORARILY RESTRICTED ENDOWMENTS ARE BEING HELD UNTIL A POINT IN TIME OR PURPOSE IS ACCOMPLISHED AT WHICH TIME THEY WILL BE SPENT ON DONOR INTENDED PURPOSES. |
| PART X, LINE 2: | AS OF JUNE 30, 2024, THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAX AUTHORITIES. THE FOUNDATION IS NO LONGER SUBJECT TO FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR FISCAL YEARS BEFORE 2021. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. THE FOUNDATION BELIEVES THEIR ESTIMATES ARE APPROPRIATE BASED ON CURRENT FACTS AND CIRCUMSTANCES. INTEREST AND PENALTIES ASSESSED BY INCOME TAXING AUTHORITIES, IF ANY, ARE INCLUDED IN INTEREST EXPENSE. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES NETTED AGAINST REVENUE ON 990 -40,622. RENTAL EXPENSES NETTED AGAINST REVENUE ON 990 -566. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES NETTED AGAINST REVENUE ON 990 -40,622. RENTAL EXPENSES NETTED AGAINST REVENUE ON 990 -566. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GOLF CLASSIC | Event1Nm |
| Gross Receipts Event1 | $27,430 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $13,481 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $13,949 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $2,706 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $8,112 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $3,131 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $2,822 | OtherDirectExpensesEvent1Amt |
| Event2 | WHEN EAGLES DARE | Event2Nm |
| Gross Receipts Event2 | $38,639 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $24,805 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $13,834 | GrossRevenueEvent2Amt |
| Non Cash Prizes Event2 | $7,430 | NonCashPrizesEvent2Amt |
| Food And Beverage Event2 | $6,404 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $10,017 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $66,069 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $38,286 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $27,783 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $10,136 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $8,112 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $9,535 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $12,839 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $40,622 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$12,839 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHADRON STATE COLLEGE | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 MAIN STREET | AddressLine1Txt |
| City | CHADRON | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 69337 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 470491233 | RecipientEIN |
| IRC Section | N/A | IRCSectionDesc |
| Cash Grant | $149,333 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | EDUCATION MISSION | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIP AWARDS | GrantTypeTxt |
| Recipient | 625 | RecipientCnt |
| Cash Grant | $1,197,979 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | COLLEGE FINANCIAL AID STAFF MAKE AWARDS TO STUDENTS BASED ON CRITERIA ESTABLISHED BY THE DONORS. THE FOUNDATION PROVIDES ELIGIBLE DISTRIBUTION AMOUNTS TO THE COLLEGE STAFF. COLLEGE STAFF MONITOR AWARDS TO ENSURE STUDENT MEET ESTABLISHED CRITERIA. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BEN WATSON | PersonNm |
| Title | CHIEF EXECUTIVE OFFICER | TitleTxt |
| Base Compensation Filing Org | $0 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $127,065 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $0 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $39,686 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $0 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $166,751 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION'S CEO IS COMPENSATED BY CHADRON STATE COLLEGE (A RELATED PARTY), WHO DETERMINES THE CEO'S COMPENSATION AND BENEFITS. | ExplanationTxt |
Schedule M IRS990ScheduleM
Real Estate Residential RealEstateResidentialGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $280,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | A THIRD-PARTY CPA PREPARED THE 990, WHICH WAS THEN REVIEWED BY MANAGEMENT AND THE BOARD, PRIOR TO THE BOARD APPROVING THE FILING OF FORM 990. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANNUAL DISCLOSURES ARE REVIEWED BY THE EXECUTIVE COMMITTEE |
| FORM 990, PART VI, SECTION B, LINE 15 | FOLLOWING THE NEBRASKA STATE COLLEGE SYSTEM PROFESSIONAL ASSOCIATION GUIDELINE SALARY RANGE, THE EXECUTIVE DIRECTOR HAS AN EVAULATION DONE EACH YEAR BY THE PERSONNEL COMMITTEE OF THE CHADRON STATE FOUNDATION. THE EXECUTIVE DIRECTOR EVALUATES THE BUSINESS MANAGER AND DIRECTOR OF MAJOR GIFTS EACH YEAR. |
| FORM 990, PART VI, SECTION C, LINE 18 | THE FOUNDATION MAKES ITS DOCUMENTS AVAILABLE UPON REQUEST AND ON THE CHADRON STATE COLLEGE WEBSITE. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FOUNDATION MAKES ITS DOCUMENTS AVAILABLE UPON REQUEST AND ON THE CHADRON STATE COLLEGE WEBSITE. |
| 990 PART XII LINE 2C | THE ORGANIZATION HAS NOT CHANGED THE PROCESS FOR OVERSIGHT OF THE AUDITOR. THE BOARD OF DIRECTORS SELECTS AN AUDITOR AND OVERSEES THE PROCESS. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHADRON STATE COLLEGE | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 MAIN STREET | AddressLine1Txt |
| City | CHADRON | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 69337 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 470491233 | EIN |
| Primary Activities | EDUCATION | PrimaryActivitiesTxt |
| Legal Domicile State | NE | LegalDomicileStateCd |
| Exempt Code Section | N/A | ExemptCodeSectionTxt |
| Public Charity Status | N/A | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| CHADRON STATE COLLEGE | ||
| C | $204,976 | AMOUNT PAID BY CSC |
| CHADRON STATE COLLEGE | ||
| B | $149,333 | AMOUNT PAID TO CSC |