ARKANSAS TECH UNIVERSITY FOUNDATION: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- ARKANSAS TECH UNIVERSITY FOUNDATION (EIN 71-0561120)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2018-11-14
- IRS object ID
- 201843189349300034
- Schema version
- 2017v2.3
- 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 | 2018-11-14T07:30:21-06:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 710698607 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHOPTAW LABAHN & COMPANY PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 915 W MAIN STREET SUITE B | AddressLine1Txt |
| City | RUSSELLVILLE | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 710561120 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARKANSAS TECH UNIVERSITY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ARKA | BusinessNameControlTxt |
| Phone | 4799680400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8820 TECH LANE | AddressLine1Txt |
| City | RUSSELLVILLE | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72801 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | REGINA BURRIS | PersonNm |
| Person Title | FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 4799680400 | PhoneNum |
| Signature | 2018-11-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN W SHOPTAW | PreparerPersonNm |
| PTIN | P00019877 | PTIN |
| Phone | 4799673600 | PhoneNum |
| Preparation | 2018-11-14 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 66.76.93.252 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-11-14 | IPDt |
| IP Tm | 07:30:21 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 0C1BA26BE48AFB6E9AF503F2B55744F173F947D3 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | EF0A40F68FAB2E02DF151BF957C3DBD8655C6A30 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | NORMA MEARES | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3900 S 27TH CIRCLE | AddressLine1Txt |
| City | FORT SMITH | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72901 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $4,104,065 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.ATU.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Activity Or Mission | THE FOUNDATION PROVIDES EDUCATIONAL SUPPORT THROUGH THE GRANTING OF SCHOLARSHIP FUNDS TO BE DISTRIBUTED BY ARKANSAS TECH UNIVERSITY BASED ON ACADEMIC DEPARTMENT AND COMMITTEE SELECTIONS. THE FOUNDATION ALSO PROVIDES OTHER INSTITUTIONAL SUPPORT TO ARKANSAS TECH UNIVERSITY FOR THE OPERATION OF ITS EDUCATIONAL PROGRAMS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 25 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 25 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 34 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $3,254,062 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,445,174 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $500,401 | PYInvestmentIncomeAmt |
| CY Investment Income | $658,891 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $3,754,463 | PYTotalRevenueAmt |
| CY Total Revenue | $4,104,065 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $493,374 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $560,762 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $167 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,397,608 | PYOtherExpensesAmt |
| CY Other Expenses | $1,980,894 | CYOtherExpensesAmt |
| PY Total Expenses | $1,890,982 | PYTotalExpensesAmt |
| CY Total Expenses | $2,541,656 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,863,481 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,562,409 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $29,518,882 | TotalAssetsBOYAmt |
| Total Assets EOY | $33,252,226 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,865,693 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,375,538 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $25,653,189 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $28,876,688 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE FOUNDATION PROVIDES EDUCATIONAL SUPPORT THROUGH THE GRANTING OF SCHOLARSHIP FUNDS TO BE DISTRIBUTED BY ARKANSAS TECH UNIVERSITY BASED ON ACADEMIC DEPARTMENT AND COMMITTEE SELECTIONS. THE FOUNDATION ALSO PROVIDES OTHER INSTITUTIONAL SUPPORT TO ARKANSAS TECH UNIVERSITY FOR THE OPERATION OF ITS EDUCATIONAL PROGRAMS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $1,896,560 | ExpenseAmt |
| Grant | $560,762 | GrantAmt |
| Desc | THE FOUNDATION PROVIDED A VAST ARRAY OF SUPPORT TO THE UNIVERSITY IN THE FORM OF CONTRIBUTIONS AND GRANTS TO ACADEMIC, ADMINISTRATIVE AND ATHLETIC DEPARTMENTS AS WELL AS PROVIDING SCHOLARSHIP FUNDS FOR STUDENT RECIPIENTS. THE FOUNDATION MADE CONTRIBUTIONS TO THE UNIVERSITY FOR THE PURCHASES OF COMPUTERS AND RELATED EQUIPMENT, FURNISHINGS, GENERAL SUPPLIES AND CONSTRUCTION OF ADDITIONAL FACILITIES AND RENOVATION AND UPGRADE OF EXISTING FACILITIES. | Desc |
| Total Program Service Expenses | $1,896,560 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | Yes (true) | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | 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 |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | false | 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 | Yes (true) | 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 With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| 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 | 34 | 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 | Yes (true) | NondeductibleContributionsInd |
| Nondeductible Contri Discl | Yes (true) | NondeductibleContriDisclInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 25 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 25 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | 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 | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | REGINA BURRIS | PersonNm |
| Phone | 4799640895 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8820 TECH LANE | AddressLine1Txt |
| City | RUSSELLVILLE | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72801 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (27 entries)
| TitleTitleTxt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per WeekAverageHoursPerWeekRt |
|---|---|---|---|---|---|---|
| BARTON ALLEN | ||||||
| DIRECTOR/VIC | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| J W STRATTON | ||||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | ||
| BRAD THRESHER | ||||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | ||
| DANNY LOVELADY | ||||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | ||
| JARED WOOD | ||||||
| DIRECTOR/PAS | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| NORMA MEARES | ||||||
| DIRECTOR/PRE | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JOAN HARPER | ||||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | ||
| STEVE ANDERSON | ||||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | ||
| MELISSA HALL | ||||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | ||
| LAURIE BIBLER | ||||||
| DIRECTOR/SEC | Yes (X) | $0 | $0 | $0 | ||
| TOM LASTOVICA | ||||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | ||
| DANNY TROUTT | ||||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | ||
| WAYNE YOUNG | ||||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | ||
| JEFF WARD | ||||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | ||
| STEVE ROSE | ||||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | ||
| REGINA BURRIS | ||||||
| FINANCIAL OF | Yes (X) | $0 | $60,551 | $0 | 40.00 | |
| DEANA INFIELD | ||||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | ||
| JOSH MASTERS | ||||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | ||
| BRYCE MOBLEY | ||||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | ||
| DONNA PARKER | ||||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | ||
| FRED SIMON | ||||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | ||
| CARL BARGER | ||||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | ||
| TRACY GEREN | ||||||
| DIRECTOR/TRE | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| LEE LANE | ||||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | ||
| LUKE BRADSHAW | ||||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | ||
| BRENT GARRETT | ||||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL HUTCHISON | ||||||
| EXEC VICE PR | Yes (X) | $0 | $158,165 | $0 | 10.00 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Reportable Comp Rltd Org | $218,716 | TotReportableCompRltdOrgAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| All Other Contributions | $3,445,174 | AllOtherContributionsAmt |
| Total Contributions | $3,445,174 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $425,887 | TotalRevenueColumnAmt |
| Exclusion | $425,887 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $233,004 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $233,004 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $233,004 | TotalRevenueColumnAmt |
| Exclusion | $233,004 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,104,065 | TotalRevenueColumnAmt |
| Exclusion | $658,891 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $560,762 | TotalAmt |
| Program Services | $560,762 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,875 | TotalAmt |
| Management And General | $4,875 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $97,500 | TotalAmt |
| Management And General | $97,500 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,200 | TotalAmt |
| Management And General | $1,200 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $82,060 | TotalAmt |
| Program Services | $82,060 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,078 | TotalAmt |
| Program Services | $1,078 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| CAPITAL OUTLAY TO ATU | $507,410 | $507,410 | |
| UNCOLLECTIBLE PLEDGE | $435,489 | $435,489 | |
| DEPARTMENTAL SUPPLIES | $156,544 | $156,544 | |
| PROFESSIONAL FEES | $139,636 | $139,636 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $555,102 | TotalAmt |
| Program Services | $449,070 | ProgramServicesAmt |
| Management And General | $105,865 | ManagementAndGeneralAmt |
| Fundraising | $167 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,541,656 | TotalAmt |
| Program Services | $1,896,560 | ProgramServicesAmt |
| Management And General | $644,929 | ManagementAndGeneralAmt |
| Fundraising | $167 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,432 | BOYAmt |
| EOY | $137,642 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $719,533 | BOYAmt |
| EOY | $438,521 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $942,446 | BOYAmt |
| EOY | $365,134 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,287,242 | BOYAmt |
| EOY | $29,863,537 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,515,229 | BOYAmt |
| EOY | $2,447,392 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,518,882 | BOYAmt |
| EOY | $33,252,226 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,988 | BOYAmt |
| EOY | $4,244 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,853,705 | BOYAmt |
| EOY | $4,371,294 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,865,693 | BOYAmt |
| EOY | $4,375,538 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,822,886 | BOYAmt |
| EOY | $6,154,795 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,971,234 | BOYAmt |
| EOY | $5,782,403 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,859,069 | BOYAmt |
| EOY | $16,939,490 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,653,189 | BOYAmt |
| EOY | $28,876,688 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,518,882 | BOYAmt |
| EOY | $33,252,226 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,562,409 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,661,090 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | 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 (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 | $1,962,159 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,001,958 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,854,776 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,254,062 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,445,174 | CurrentTaxYearAmt |
| Total | $14,518,129 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,962,159 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,001,958 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,854,776 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,254,062 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,445,174 | CurrentTaxYearAmt |
| Total | $14,518,129 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $2,320,485 | SubstantialContributorsTotAmt |
| Public Support Total170 | $12,197,644 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $279,311 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $398,725 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $348,231 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $279,192 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $425,887 | CurrentTaxYearAmt |
| Total | $1,731,346 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $16,249,475 | TotalSupportAmt |
| Public Support CY170 | 0.75060 | PublicSupportCY170Pct |
| Public Support PY170 | 0.72490 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | $97,500 | PoliticalExpendituresAmt |
| Form4720 Filed Section4955 Tax | false | Form4720FiledSection4955TaxInd |
| Correction Made | false | CorrectionMadeInd |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $97,500 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $97,500 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $97,500 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $19,500 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $4,875 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $78,000 | FilingOrganizationsTotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form4720 Filed | false | Form4720FiledInd |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $228,412 | CurrentYearMinus3Amt |
| Current Year Minus2 | $238,558 | CurrentYearMinus2Amt |
| Current Year Minus1 | $268,818 | CurrentYearMinus1Amt |
| Current Year | $19,500 | CurrentYearAmt |
| Total | $755,288 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $1,132,932 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $45,200 | CurrentYearMinus3Amt |
| Current Year Minus2 | $60,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $90,000 | CurrentYearMinus1Amt |
| Current Year | $97,500 | CurrentYearAmt |
| Total | $292,700 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $57,103 | CurrentYearMinus3Amt |
| Current Year Minus2 | $59,640 | CurrentYearMinus2Amt |
| Current Year Minus1 | $67,205 | CurrentYearMinus1Amt |
| Current Year | $4,875 | CurrentYearAmt |
| Total | $188,823 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $283,235 | GrassrootsCeilingAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE C, PART I-A, LINE 1 | FormAndLineReferenceDesc |
| Explanation | CONSULTANTS ENGAGED TO REPRESENT THE INTEREST OF THE FOUNDATION AND THE ARKANSAS TECH UNIVERSITY BEFORE THE ARKANSAS LEGISLATURE AND RELATED DEPARTMENTS OF STATE GOVERNMENT. | ExplanationTxt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $14,859,069 | BeginningYearBalanceAmt |
| Contributions | $2,471,988 | ContributionsAmt |
| Investment Earnings Or Losses | $44,422 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $435,489 | AdministrativeExpensesAmt |
| End Year Balance | $16,939,490 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $13,362,788 | BeginningYearBalanceAmt |
| Contributions | $1,407,072 | ContributionsAmt |
| Investment Earnings Or Losses | $89,209 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $14,859,069 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $11,978,748 | BeginningYearBalanceAmt |
| Contributions | $1,372,105 | ContributionsAmt |
| Investment Earnings Or Losses | $11,935 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $13,362,788 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,370,519 | BeginningYearBalanceAmt |
| Contributions | $1,597,201 | ContributionsAmt |
| Investment Earnings Or Losses | $11,208 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $11,978,748 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $9,724,046 | BeginningYearBalanceAmt |
| Contributions | $525,165 | ContributionsAmt |
| Investment Earnings Or Losses | $121,308 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $10,370,519 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| LIMITED PARTNERSHIPS | $2,080,075 | C |
| COMMERCIAL ANNUITIES | $367,317 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $2,447,392 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| UNIVERSITY FUNDS UNDER MANAGEMENT | $4,309,030 |
| LIABILITY FOR ANNUITIES | $62,264 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $4,371,294 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $6,326,457 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $1,661,090 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $561,302 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $2,222,392 | RevenueNotReportedAmt |
| Revenue Subtotal | $4,104,065 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $4,104,065 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $3,102,958 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $561,302 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $561,302 | ExpensesNotReportedAmt |
| Expenses Subtotal | $2,541,656 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $2,541,656 | TotalExpensesPerForm990Amt |
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 | SCHOLARSHIP ASSISTANCE | GrantTypeTxt |
| Recipient | 430 | RecipientCnt |
| Cash Grant | $560,762 | CashGrantAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL HUTCHISON | PersonNm |
| Title | EXEC VICE PRESIDENT | TitleTxt |
| Compensation Based On Rltd Orgs | $158,165 | CompensationBasedOnRltdOrgsAmt |
| Total Compensation Rltd Orgs | $158,165 | TotalCompensationRltdOrgsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE FOUNDATION PROVIDES EDUCATIONAL SUPPORT THROUGH THE GRANTING OF SCHOLARSHIP FUNDS TO BE DISTRIBUTED BY ARKANSAS TECH UNIVERSITY BASED ON ACADEMIC DEPARTMENT AND COMMITTEE SELECTIONS. THE FOUNDATION ALSO PROVIDES OTHER INSTITUTIONAL SUPPORT TO ARKANSAS TECH UNIVERSITY FOR THE OPERATION OF ITS EDUCATIONAL PROGRAMS. |
| FORM 990, PAGE 1, PART I, LINE 6 | BOARD OF DIRECTOR MEMBERS AND VARIOUS COMMITTEE MEMBERS. |
| FORM 990, PAGE 6, PART VI, LINE 2 | BEALL BARCLAY LLLP BEALL BARCLAY LLLP PARTNER PARTNER MEMBERS OF SAME PARTNERSHIP |
| FORM 990, PAGE 6, PART VI, LINE 11B | RETURN IS REVIEWED BY AUDIT COMMITTEE MEMBERS PRIOR TO FILING. ALL BOARD MEMBERS ARE PROVIDED COPY WITHIN 30 DAYS. |
| FORM 990, PAGE 6, PART VI, LINE 12C | ANNUALLY, ALL BOARD MEMBERS ARE PROVIDED COPY OF CONFLICT OF INTEREST STATEMENT AND SIGN STATEMENT AGREEING TO ABIDE BY THE POLICY AND THAT THERE HAVE BEEN NO CONFLICTS OF INTEREST. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE POLICY OF THE FOUNDATION IS TO MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST STATEMENTS, AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AND WITH CHARGES PERMITTED BY LAW. |
| FORM 990, PART IX, LINE 24E | PAYROLL COST REIMBURSEMEN 34,479 94,688 0 FOOD AND ENTERTAINMENT 107,884 0 0 PRINTING 96,087 0 0 OTHER FEES AND SERVICES 50,655 0 0 AWARDS 46,483 0 0 COMPUTERS AND COMPUTER EQ 38,113 0 0 DUES AND SEMINARS 33,436 0 0 ANNUITY BENEFITS 15,980 0 0 EDUCATIONAL EQUIPMENT 13,551 0 0 TAXES 6,784 0 0 BANK CHARGES 0 6,615 0 OFFICE SUPPLIES AND EXPEN 0 4,562 0 BOOKS AND EDUCATIONAL MAT 2,898 0 0 POSTAGE 2,245 0 0 EVENT TICKETS 325 0 0 FUNDRAISING 0 0 167 REPAIRS 147 0 0 ROUND 3 0 0 TOTAL 449,070 105,865 167 |
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