ARKANSAS STATE UNIVERSITY RED WOLVES FOUNDATION INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- ARKANSAS STATE UNIVERSITY RED WOLVES FOUNDATION INC (EIN 71-0526367)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2023-11-08
- IRS object ID
- 202313129349301871
- Schema version
- 2022v5.0
- 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 | 2023-11-08T16:40:35-06:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 710650689 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HCJ CPAS & ADVISORS PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 16307 | AddressLine1Txt |
| City | JONESBORO | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72403 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 710526367 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARKANSAS STATE UNIVERSITY RED WOLVES | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ARKA | BusinessNameControlTxt |
| Phone | 8709722401 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2219 | AddressLine1Txt |
| City | STATE UNIVERSITY | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72467 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHAWNA BARBER | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 8709722401 | PhoneNum |
| Signature | 2023-11-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | SHAWNA | PersonFirstNm |
| Person Last | BARBER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| 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 | JEREMY WATSON CPA | PreparerPersonNm |
| PTIN | P00644903 | PTIN |
| Phone | 8709352871 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | SHAWNA BARBER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2219 | AddressLine1Txt |
| City | STATE UNIVERSITY | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72467 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $16,695,362 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.REDWOLVESFOUNDATION.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1979 | FormationYr |
| Legal Domicile State | AR | LegalDomicileStateCd |
| Activity Or Mission | ARKANSAS STATE UNIVERSITY RED WOLVES FOUNDATION, INC. IS DEDICATED TO AID, ASSIST AND PROMOTE THE DEVELOPMENT OF INTERCOLLEGIATE ATHLETICS AT ARKANSAS STATE UNIVERSITY AND TO WORK WITH ASU'S ADMINISTRATION IN SERVING THE INSTITUTION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 16 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 16 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 25 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,646,872 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,638,166 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $157,772 | PYInvestmentIncomeAmt |
| CY Investment Income | -$1,033,292 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,684,162 | PYOtherRevenueAmt |
| CY Other Revenue | $2,768,190 | CYOtherRevenueAmt |
| PY Total Revenue | $6,488,806 | PYTotalRevenueAmt |
| CY Total Revenue | $6,373,064 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $89,554 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $176,894 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $55,483 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $9,629,238 | PYOtherExpensesAmt |
| CY Other Expenses | $9,582,229 | CYOtherExpensesAmt |
| PY Total Expenses | $9,718,792 | PYTotalExpensesAmt |
| CY Total Expenses | $9,759,123 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$3,229,986 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$3,386,059 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $49,039,332 | TotalAssetsBOYAmt |
| Total Assets EOY | $48,087,573 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $40,240,151 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $42,536,725 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $8,799,181 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $5,550,848 | NetAssetsOrFundBalancesEOYAmt |
| Mission | ARKANSAS STATE UNIVERSITY RED WOLVES FOUNDATION, INC. IS DEDICATED TO AID, ASSIST AND PROMOTE THE DEVELOPMENT OF INTERCOLLEGIATE ATHLETICS AT ARKANSAS STATE UNIVERSITY AND TO WORK WITH ASU'S ADMINISTRATION IN SERVING THE INSTITUTION. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $9,212,201 | ExpenseAmt |
| Desc | SUPPORTING THE INTERCOLLEGIATE ATHLETICS AT ARKANSAS STATE UNIVERSITY | Desc |
| Total Program Service Expenses | $9,212,201 | 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 | 0 | 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 | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | 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 | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | 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 | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | 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 | 103 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| 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 | 0 | QuidProQuoContributionsInd |
| 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 | 16 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 16 | 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 | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | 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 | 0 | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | 0 | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHAWNA BARBER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8709722401 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2219 | AddressLine1Txt |
| City | STATE UNIVERSITY | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72467 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| DAVID HUNDLEY | ||||||
| PRESIDENT | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| LISA GOLDEN | ||||||
| VICE PRESIDENT | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| CHRIS WOODARD | ||||||
| SECRETARY | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JAY ALLEN | ||||||
| TREASURER | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| NATHAN LARUE | ||||||
| PAST PRESIDENT | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| SHAWNA BARBER | ||||||
| DIRECTOR | 15.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| TED HERGET | ||||||
| BOARD MEMBER | 0.00 | Yes (X) | $0 | $0 | $0 | |
| MARY NELL MASTERSON | ||||||
| BOARD MEMBER | 0.00 | Yes (X) | $0 | $0 | $0 | |
| BILL STANLEY | ||||||
| BOARD MEMBER | 0.00 | Yes (X) | $0 | $0 | $0 | |
| ANDRE COLEMAN | ||||||
| BOARD MEMBER | 0.00 | Yes (X) | $0 | $0 | $0 | |
| JEFFREY HIGGINS | ||||||
| BOARD MEMBER | 0.00 | Yes (X) | $0 | $0 | $0 | |
| KELLY CAUSEY | ||||||
| BOARD MEMBER | 0.00 | Yes (X) | $0 | $0 | $0 | |
| RANDALL POPE | ||||||
| BOARD MEMBER | 0.00 | Yes (X) | $0 | $0 | $0 | |
| EDDIE ISHMAEL | ||||||
| BOARD MEMBER | 0.00 | Yes (X) | $0 | $0 | $0 | |
| LANCE RAMTHUN | ||||||
| BOARD MEMBER | 0.00 | Yes (X) | $0 | $0 | $0 | |
| ADAM STAPLES | ||||||
| BOARD MEMBER | 0.00 | Yes (X) | $0 | $0 | $0 | |
| PAUL ROWTON | ||||||
| BOARD MEMBER | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CBJ ENTERPRISES OF JONESBORO LLC | |||||
| 3880 RIDGEWOOD COVE | JONESBORO | AR | 72404 | PROFESSIONAL SERVICES | $626,507 |
| BALADO ENTERPRISES LLC | |||||
| 2317 SEA ISLAND DRIVE | JONESBORO | AR | 72404 | PROFESSIONAL SERVICES | $202,691 |
| KEITH HECKENDORF | |||||
| 3620 RIVIERA DRIVE | JONESBORO | AR | 72404 | PROFESSIONAL SERVICES | $111,251 |
| ROBERT HARLEY | |||||
| 1563 CELEBRATION CIRCLE | BRIDGEVILLE | PA | 15017 | PROFESSIONAL SERVICES | $102,004 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $4,638,166 | AllOtherContributionsAmt |
| Total Contributions | $4,638,166 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $189,006 | TotalRevenueColumnAmt |
| Exclusion | $189,006 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $9,100,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $10,322,298 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$1,222,298 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,222,298 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$1,222,298 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS REVENUE | Desc |
| Business | 711300 | BusinessCd |
| Total Revenue Column | $2,768,190 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,768,190 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,768,190 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,373,064 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,545,892 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $189,006 | ExclusionAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $176,894 | TotalAmt |
| Program Services | $3,600 | ProgramServicesAmt |
| Management And General | $173,294 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $133,286 | TotalAmt |
| Program Services | $83,036 | ProgramServicesAmt |
| Management And General | $50,250 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,977 | TotalAmt |
| Management And General | $31,678 | ManagementAndGeneralAmt |
| Fundraising | $16,299 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $240,411 | TotalAmt |
| Program Services | $232,315 | ProgramServicesAmt |
| Management And General | $8,096 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $492 | TotalAmt |
| Program Services | $492 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,548,725 | TotalAmt |
| Program Services | $1,548,725 | ProgramServicesAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,030,479 | TotalAmt |
| Program Services | $2,030,479 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $872,694 | TotalAmt |
| Program Services | $872,620 | ProgramServicesAmt |
| Management And General | $74 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,106 | TotalAmt |
| Program Services | $25,377 | ProgramServicesAmt |
| Management And General | $4,729 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| CONTRACT SERVICES | $2,192,707 | $2,099,231 | $93,476 | |
| RENT | $1,700,800 | $1,700,000 | $800 | |
| MEALS & ENTERTAINMENT | $355,061 | $284,404 | $55,809 | $14,848 |
| IN-KIND CONTRIBUTIONS | $159,570 | $159,570 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $269,921 | TotalAmt |
| Program Services | $172,352 | ProgramServicesAmt |
| Management And General | $73,233 | ManagementAndGeneralAmt |
| Fundraising | $24,336 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,759,123 | TotalAmt |
| Program Services | $9,212,201 | ProgramServicesAmt |
| Management And General | $491,439 | ManagementAndGeneralAmt |
| Fundraising | $55,483 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,235,499 | BOYAmt |
| EOY | $3,224,175 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $605,357 | BOYAmt |
| EOY | $487,003 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,661,449 | BOYAmt |
| EOY | $19,436,495 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,391,667 | BOYAmt |
| EOY | $2,691,667 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $19,453,869 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,777,555 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,875,434 | BOYAmt |
| EOY | $17,676,314 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,906,722 | BOYAmt |
| EOY | $4,257,884 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $363,204 | BOYAmt |
| EOY | $314,035 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,039,332 | BOYAmt |
| EOY | $48,087,573 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,658,471 | BOYAmt |
| EOY | $1,747,963 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,273,876 | BOYAmt |
| EOY | $21,831,695 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,307,804 | BOYAmt |
| EOY | $18,957,067 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,240,151 | BOYAmt |
| EOY | $42,536,725 | 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 | -$2,938,356 | BOYAmt |
| EOY | -$332,876 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,737,537 | BOYAmt |
| EOY | $5,883,724 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,799,181 | BOYAmt |
| EOY | $5,550,848 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,039,332 | BOYAmt |
| EOY | $48,087,573 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$3,386,059 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $137,726 | 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 | $4,306,893 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,336,472 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,536,987 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,646,872 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,638,166 | CurrentTaxYearAmt |
| Total | $18,465,390 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,306,893 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,336,472 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,536,987 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,646,872 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,638,166 | CurrentTaxYearAmt |
| Total | $18,465,390 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $18,465,390 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $52,855 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | -$38,535 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $784,712 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $157,772 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | -$1,033,292 | CurrentTaxYearAmt |
| Total | -$76,488 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,655,636 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,566,168 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,415,361 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,684,162 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,768,190 | CurrentTaxYearAmt |
| Total | $19,089,517 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $37,478,419 | TotalSupportAmt |
| Public Support CY170 | 0.49270 | PublicSupportCY170Pct |
| Public Support PY170 | 0.43680 | 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 | OTHER INCOME (PART II, LINE 10 OR PART III, LINE 12) | FormAndLineReferenceDesc |
| Explanation | OTHER INCOME IS COMPRISED OF PREMIUM STADIUM SEATING, ARKANSAS STATE UNIVERSITY BOWL GAME, CONTRACT SERVICE BUYOUTS; FOOTBALL STADIUM ENHANCEMENTS FOR THE BENEFIT OF ARKANSAS STATE UNIVERSITY; CORPORATE AND INDIVIDUAL SPONSORSHIPS. | ExplanationTxt |
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
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,906,455 | BeginningYearBalanceAmt |
| Contributions | $2,500 | ContributionsAmt |
| Investment Earnings Or Losses | $119,649 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $60,309 | GrantsOrScholarshipsAmt |
| End Year Balance | $1,968,295 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,204,295 | BeginningYearBalanceAmt |
| Contributions | $2,000 | ContributionsAmt |
| Investment Earnings Or Losses | -$277,210 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,800 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $20,830 | AdministrativeExpensesAmt |
| End Year Balance | $1,906,455 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,809,193 | BeginningYearBalanceAmt |
| Contributions | $3,000 | ContributionsAmt |
| Investment Earnings Or Losses | $468,430 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $55,936 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $20,392 | AdministrativeExpensesAmt |
| End Year Balance | $2,204,295 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,824,239 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $58,292 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $55,329 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $18,009 | AdministrativeExpensesAmt |
| End Year Balance | $1,809,193 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,799,734 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $95,486 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $52,899 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $18,083 | AdministrativeExpensesAmt |
| End Year Balance | $1,824,238 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Endowment Balance EOY | 1.00000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $18,730,414 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,419,535 | DepreciationAmt |
| Book Value | $17,310,879 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $723,455 | OtherCostOrOtherBasisAmt |
| Depreciation | $358,020 | DepreciationAmt |
| Book Value | $365,435 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $17,676,314 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| INVESTMENT SECURITIES - BOARD RESTRICTED | $2,289,589 | C |
| ENDOWMENT INVESTMENTS - RESTRICTED | $1,968,295 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $4,257,884 | TotalBookValueProgramRltdAmt |
| Total Rev Etc Audited Fincl Stmt | $6,510,790 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $137,726 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $137,726 | RevenueNotReportedAmt |
| Revenue Subtotal | $6,373,064 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $6,373,064 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $9,759,123 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $9,759,123 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $9,759,123 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART V, LINE 4: | FormAndLineReferenceDesc |
| Explanation | THE ARKANSAS STATE UNIVERSITY RED WOLVES FOUNDATION, INC.'S ENDOWMENT FUND WAS CREATED TO AWARD SCHOLARSHIPS TO ARKANSAS STATE UNIVERSITY ATHLETES. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | MEMBERSHIP IS OPEN TO ALL PERSONS INTERESTED AND COMMITTED TO THE PURPOSES OF THE ORGANIZATION IN ACCORDANCE WITH THE BY-LAWS OF THE ORGANIZATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | ANY MEMBER IN GOOD STANDING WHO HAS BEEN DULY NOMINATED AND MEETS ALL THE QUALIFICATIONS MAY BE ELECTED AS A DIRECTOR. |
| FORM 990, PART VI, SECTION A, LINE 7B | ALL MEMBERS IN GOOD STANDING SHALL BE ELIGIBLE TO VOTE AT THE MEETINGS AND TO OTHERWISE ENJOY THE RIGHTS AND PRIVILEGES OF MEMBERSHIP. |
| FORM 990, PART VI, SECTION B, LINE 11B | A COMPLETE COPY OF FORM 990 IS PRESENTED FOR THE APPROVAL OF THE BOARD OF DIRECTORS DURING THE REGULARLY SCHEDULED BOARD MEETING. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S POLICY DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE BY REQUEST. |
| FORM 990, PART XII, LINE 2C | THE BOARD OF DIRECTORS CONTINUES TO OVERSEE AND RESPOND TO THE AUDIT RESULTS. ANY CHANGE IN THE INDEPENDENT AUDITORS IS APPROVED BY THE BOARD OF DIRECTORS. |
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