DELTA STATE UNIVERSITY FOUNDATION INC: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- DELTA STATE UNIVERSITY FOUNDATION INC (EIN 64-6034675)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2023-05-08
- IRS object ID
- 202331289349303468
- Schema version
- 2021v4.0
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-08T15:47:07-04:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 461624424 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRIDGERS GOODMAN BAIRD & CLARKE PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3528 MANOR DR | AddressLine1Txt |
| City | VICKSBURG | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 39180 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 646034675 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELTA STATE UNIVERSITY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DELT | BusinessNameControlTxt |
| Phone | 6628464665 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3141 DSU | AddressLine1Txt |
| City | CLEVELAND | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 38733 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICK MUNROE | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 6628464665 | PhoneNum |
| Signature | 2023-05-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | RICK | PersonFirstNm |
| Person Last | MUNROE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID I BRIDGERS JR | PreparerPersonNm |
| PTIN | P01425196 | PTIN |
| Phone | 6016361416 | PhoneNum |
| Preparation | 2023-05-08 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | RICK MUNROE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3141 DSU | AddressLine1Txt |
| City | CLEVELAND | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 38732 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $4,479,286 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1967 | FormationYr |
| Activity Or Mission | THE DELTA STATE UNIVERSITY FOUNDATION WAS FORMED TO SUPPORT AND PROMOTE THE ACADEMIC PROGRAMS AT DELTA STATE UNIVERSITY. REVENUES ARE PRIMARILY DERIVED FROM PUBLIC SUPPORT AND INVESTMENT INCOME. | ActivityOrMissionDesc |
| Voting Members Governing Body | 32 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 32 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $2,744,016 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,545,535 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $10,355,964 | PYInvestmentIncomeAmt |
| CY Investment Income | $19,395 | CYInvestmentIncomeAmt |
| PY Other Revenue | $39,420 | PYOtherRevenueAmt |
| CY Other Revenue | $914,356 | CYOtherRevenueAmt |
| PY Total Revenue | $13,139,400 | PYTotalRevenueAmt |
| CY Total Revenue | $4,479,286 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $619,842 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,048,442 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $645,537 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $663,589 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $359,467 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,342,193 | PYOtherExpensesAmt |
| CY Other Expenses | $3,779,997 | CYOtherExpensesAmt |
| PY Total Expenses | $4,607,572 | PYTotalExpensesAmt |
| CY Total Expenses | $5,492,028 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $8,531,828 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,012,742 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $49,340,185 | TotalAssetsBOYAmt |
| Total Assets EOY | $43,164,062 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,060,850 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,045,328 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $46,279,335 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $40,118,734 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE DELTA STATE FOUNDATION INC IS A PRIVATE NONPROFIT ORGANIZATION DEDICATED TO GROWTH, DEVELOPMENT AND ENHANCEMENT OF DELTA STATE UNIV AND ITS FACULTY, STAFF AND STUDENTS WITH SPECIAL EMPHASIS ON ACADEMIC QUALITY, THROUGH SOLICITATION, PROFESSIONAL MANAGEMENT AND PRUDENT DISBURSEMENT OF INVESTED FUNDS AND OTHER GIFTS DERIVED FROM PRIVATE SOURCES. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $4,415,943 | ExpenseAmt |
| Grant | $1,048,442 | GrantAmt |
| Desc | THESE PROGRAM SERVICE EXPENSES WERE FOR THE SOLE PURPOSE OF SUPPORTING AND PROMOTING THE ACADEMIC PROGRAMS AND STUDENT DEVELOPMENT PROGRAMS OF DELTA STATE UNIVERSITY. ENRICHMENT ACTIVITIES PROVIDED BY THE FOUNDATION INCLUDE FACULTY AND STAFF DEVELOPMENT, STUDENT SCHOLARSHIPS, AND FINANCIAL AID. | Desc |
| Total Program Service Expenses | $4,415,943 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 32 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 32 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID GLADDEN CFO | PersonNm |
| Phone | 6628464712 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3141 DSU | AddressLine1Txt |
| City | CLEVELAND | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 38733 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (36 entries)
| TitleTitleTxt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|
| DAVID ABNEY | |||||
| EMERITUS | Yes (X) | $0 | $0 | $0 | |
| MILLER ARANT | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| ROBERT P ARMOUR | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| JOE M BAKER | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| GEORGE BASSI | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| WILLIAM BELL | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| WALKER BYARS | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| CHERYL COMANS | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| ANNA LOONEY DILL | |||||
| VICE PRESIDE | Yes (X) | $0 | $0 | $0 | Yes (X) |
| DOTY FARMER | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| VICKI FIORANELLI | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| JOHN FLETCHER | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| ALAN HARGETT | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| EARNEST HART | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| JAMES T HARVEY | |||||
| PAST PRESIDE | Yes (X) | $0 | $0 | $0 | |
| EDWARD KOSSMANN III | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | Yes (X) |
| TOM JANOUSH | |||||
| PRESIDENT | Yes (X) | $0 | $0 | $0 | Yes (X) |
| LESLIE JENKINS | |||||
| SECRETARY | Yes (X) | $0 | $0 | $0 | Yes (X) |
| PETER JERNBERG | |||||
| EMERITUS | Yes (X) | $0 | $0 | $0 | |
| ARTHUR JOHNSTON | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| CHARLES H WEISSINGER JR | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| KEN MULLINS JR | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| RICHARD MYERS JR | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| ANDY LEE | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| PAT LEWIS | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| NED MITCHELL | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| CASEY D MYRICK | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| CHARLIE PLEAS | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| NAN SANDERS | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| RODNEY SCAIFE | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| WILL SIMPSON | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| HUGH SMITH | |||||
| TREASURER | Yes (X) | $0 | $0 | $0 | Yes (X) |
| MARGARET WHITE | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| WILMA WILBANKS | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| PETER WOODS | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| BENNIE WRIGHT | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| All Other Contributions | $3,545,535 | AllOtherContributionsAmt |
| Total Contributions | $3,545,535 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $19,395 | TotalRevenueColumnAmt |
| Exclusion | $19,395 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| FUND ASSESSMENT FEES | $798,458 | $798,458 |
| $115,898 | $115,898 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $914,356 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,479,286 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $914,356 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $19,395 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,048,442 | TotalAmt |
| Program Services | $1,048,442 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $663,589 | TotalAmt |
| Management And General | $398,794 | ManagementAndGeneralAmt |
| Fundraising | $264,795 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,000 | TotalAmt |
| Management And General | $23,000 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $179 | TotalAmt |
| Management And General | $179 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,568 | TotalAmt |
| Management And General | $9,413 | ManagementAndGeneralAmt |
| Fundraising | $30,155 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $82,471 | TotalAmt |
| Management And General | $82,471 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,157 | TotalAmt |
| Management And General | $29,157 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,875 | TotalAmt |
| Management And General | $5,875 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,257 | TotalAmt |
| Fundraising | $17,257 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,183 | TotalAmt |
| Management And General | $6,183 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,478 | TotalAmt |
| Management And General | $33,088 | ManagementAndGeneralAmt |
| Fundraising | $10,390 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| UNIV & FACULTY DEVELOPMEN | $3,367,501 | $3,367,501 | ||
| OTHER EXPENSE | $103,703 | $66,833 | $36,870 | |
| CONTRACTUAL SERVICES | $42,945 | $42,945 | ||
| BANK AND CREDIT CARD FEES | $10,185 | $10,185 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,495 | TotalAmt |
| Management And General | $8,495 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,492,028 | TotalAmt |
| Program Services | $4,415,943 | ProgramServicesAmt |
| Management And General | $716,618 | ManagementAndGeneralAmt |
| Fundraising | $359,467 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $87,749 | BOYAmt |
| EOY | $29,636 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,111,322 | BOYAmt |
| EOY | $3,774,033 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,957,282 | BOYAmt |
| EOY | $1,957,281 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $141,076 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $141,076 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,386 | BOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,919,261 | BOYAmt |
| EOY | $37,135,933 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $254,185 | BOYAmt |
| EOY | $267,179 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,340,185 | BOYAmt |
| EOY | $43,164,062 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,844 | BOYAmt |
| EOY | $15,174 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,036,006 | BOYAmt |
| EOY | $3,030,154 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,060,850 | BOYAmt |
| EOY | $3,045,328 | 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 | $659,422 | BOYAmt |
| EOY | $952,358 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,619,913 | BOYAmt |
| EOY | $39,166,376 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,279,335 | BOYAmt |
| EOY | $40,118,734 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,340,185 | BOYAmt |
| EOY | $43,164,062 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$1,012,742 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$5,137,473 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$10,386 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | Yes (true) | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | 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 | $6,640,387 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $9,253,891 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,132,100 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,744,016 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,545,535 | CurrentTaxYearAmt |
| Total | $24,315,929 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $49,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $49,000 | CurrentTaxYearMinus3YearsAmt |
| Total | $98,000 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,689,387 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $9,302,891 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,132,100 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,744,016 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,545,535 | CurrentTaxYearAmt |
| Total | $24,413,929 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $24,413,929 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $95,441 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $193,700 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $745,685 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,355,964 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $19,395 | CurrentTaxYearAmt |
| Total | $11,410,185 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $76,232 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,085,918 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $139,232 | CurrentTaxYearMinus2YearsAmt |
| Total | $1,301,382 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $37,125,496 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $953,776 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.65760 | PublicSupportCY170Pct |
| Public Support PY170 | 0.64710 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II, LINE 10 | FormAndLineReferenceDesc |
| Explanation | 1,301,382 | ExplanationTxt |
Schedule D IRS990ScheduleD
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $25,922,094 | BeginningYearBalanceAmt |
| Contributions | $552,621 | ContributionsAmt |
| Investment Earnings Or Losses | $921,691 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | -$605,498 | OtherExpendituresAmt |
| End Year Balance | $26,790,908 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $25,598,879 | BeginningYearBalanceAmt |
| Contributions | $1,099,436 | ContributionsAmt |
| Investment Earnings Or Losses | $423,552 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | -$1,199,773 | OtherExpendituresAmt |
| End Year Balance | $25,922,094 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $20,866,152 | BeginningYearBalanceAmt |
| Contributions | $4,776,737 | ContributionsAmt |
| Investment Earnings Or Losses | $906,068 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | -$950,078 | OtherExpendituresAmt |
| End Year Balance | $25,598,879 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $18,930,430 | BeginningYearBalanceAmt |
| Contributions | $1,112,727 | ContributionsAmt |
| Investment Earnings Or Losses | $1,796,895 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | -$973,900 | OtherExpendituresAmt |
| End Year Balance | $20,866,152 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $82,947 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $82,947 | DepreciationAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $58,129 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $58,129 | DepreciationAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $37,135,933 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $37,135,933 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| NOTES PAYABLE | $2,714,725 |
| DUE TO DSU | $138,310 |
| ACCRUED INTEREST PAYABLE | $98,940 |
| DUE TO OTHER FUNDS | $78,179 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,030,154 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $4,479,286 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $4,479,286 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $4,479,286 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $5,502,414 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $10,386 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $10,386 | ExpensesNotReportedAmt |
| Expenses Subtotal | $5,492,028 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $5,492,028 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PAGE 4, PART XII, LINE 2D | FormAndLineReferenceDesc |
| Explanation | BOOK / TAX DEPRECIATION DIFFERENCE 10,386 | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 258 | RecipientCnt |
| Cash Grant | $1,048,442 | CashGrantAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE DELTA STATE FOUNDATION INC IS A PRIVATE NONPROFIT ORGANIZATION DEDICATED TO GROWTH, DEVELOPMENT AND ENHANCEMENT OF DELTA STATE UNIV AND ITS FACULTY, STAFF AND STUDENTS WITH SPECIAL EMPHASIS ON ACADEMIC QUALITY, THROUGH SOLICITATION, PROFESSIONAL MANAGEMENT AND PRUDENT DISBURSEMENT OF INVESTED FUNDS AND OTHER GIFTS DERIVED FROM PRIVATE SOURCES. |
| FORM 990, PAGE 6, PART VI, LINE 11B | SOURCE DOCUMENTATION REVIEWED BY CFO AND EXECUTIVE DIRECTOR. |
| FORM 990, PAGE 6, PART VI, LINE 12C | GOVERNANCE ENFORCES THE CONFLICTS POLICY AS AGREED UPON BY ALL MEMBERS. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE FOUNDATION BUDGET IS REVIEWED BY THE BOARD OF GOVERNANCE AS WELL AS THE UNIVERSITY. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE FOUNDATION BUDGET IS REVIEWED BY THE BOARD OF GOVERNANCE AS WELL AS THE UNIVERSITY. |
| FORM 990, PAGE 6, PART VI, LINE 19 | ANY DOCUMENTS MADE AVAILABLE TO THE PUBLIC ARE AVAILABLE THROUGH THE FOUNDATION OFFICE. |
| FORM 990, PART XI, LINE 9 | BOOK / TAX DEPRECIATION DIFFERENCE -10,386 |
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