ARKANSAS STATE UNIVERSITY RED WOLVES FOUNDATION INC: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- ARKANSAS STATE UNIVERSITY RED WOLVES FOUNDATION INC (EIN 71-0526367)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2018-11-10
- IRS object ID
- 201813149349300436
- Schema version
- 2017v2.2
- 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 | 2018-11-10T16:11:33-05:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 010921320 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Robin A Martin CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5005 Lamb Lane | AddressLine1Txt |
| City | Jonesboro | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72404 | 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 | 710526367 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Arkansas State University Red Wolves Foundation In | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ARKA | BusinessNameControlTxt |
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 | Robin A Martin CPA | PersonNm |
| Person Title | Director | PersonTitleTxt |
| Phone | 8709193199 | PhoneNum |
| Signature | 2018-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Robin Martin | PreparerPersonNm |
| PTIN | P01246644 | PTIN |
| Phone | 8709193199 | PhoneNum |
| Preparation | 2018-11-10 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 173.218.139.1 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-11-10 | IPDt |
| IP Tm | 16:12:34 | IPTm |
| Federal Original Submission Id | 7144302018314igywo0m | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2018-11-10 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 536F29031E52A85714582F50D0190E98377AA3B7 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 536F29031E52A85714582F50D0190E98377AA3B7 | 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 | Robin A Martin | PrincipalOfficerNm |
| Gross Receipts | $7,393,771 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.redwolvesfoundatiom.com | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1979 | FormationYr |
| Legal Domicile State | AR | LegalDomicileStateCd |
| Activity Or Mission | Support Arkansas State University Intercollegiate Athletic program | ActivityOrMissionDesc |
| Voting Members Governing Body | 16 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 16 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 175 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,379,017 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,987,562 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $434,282 | PYInvestmentIncomeAmt |
| CY Investment Income | $177,269 | CYInvestmentIncomeAmt |
| PY Other Revenue | $9,982,681 | PYOtherRevenueAmt |
| CY Other Revenue | $5,228,940 | CYOtherRevenueAmt |
| PY Total Revenue | $12,795,980 | PYTotalRevenueAmt |
| CY Total Revenue | $7,393,771 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $116,071 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $104,897 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $233,783 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $6,867,517 | PYOtherExpensesAmt |
| CY Other Expenses | $8,266,378 | CYOtherExpensesAmt |
| PY Total Expenses | $6,983,588 | PYTotalExpensesAmt |
| CY Total Expenses | $8,371,275 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $5,812,392 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$977,504 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $42,764,237 | TotalAssetsBOYAmt |
| Total Assets EOY | $55,382,726 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $32,040,881 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $46,691,383 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $10,723,356 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $8,691,343 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Support Arkansas State University Intercollegiate Athletic program | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $7,228,945 | ExpenseAmt |
| Desc | Support Arkansas State University Intercolligiate Athletic program | Desc |
| Total Program Service Expenses | $7,228,945 | 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 |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | 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 | false | 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 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 | 65 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| 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 |
| DAF Excess Business Holdings | false | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 16 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 16 | 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 | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | 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 | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | false | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | false | 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 |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Robin Martin | PersonNm |
| 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 |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| Chris Woodard | |||||||
| President | 0.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| John Frankel | |||||||
| Vice President | 0.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| John Kitterman | |||||||
| Secretary | 0.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Larry Worsham | |||||||
| Treasurer | 0.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| John Bobango | |||||||
| Board member | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Steve Bryant | |||||||
| Board member | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Brooksie Hartness | |||||||
| Board member | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Todd Higginbotham | |||||||
| Board member | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Nathan LaRue | |||||||
| Board member | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Charles Luter | |||||||
| Board member | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Chuck Mitchell | |||||||
| Board member | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Kelly Phipps | |||||||
| Board member | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Chad Puryear | |||||||
| Board member | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Bill Stanley | |||||||
| Board member | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Bill Weeks | |||||||
| Board member | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Robin A Martin | |||||||
| Director | 12.00 | 0.00 | Yes (X) | $25,313 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $25,313 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Blake Anderson LLC | |||||
| 2518 Rosewood Circle | Jonesboro | AR | 72401 | Personal services | $616,798 |
| Balado Enterprises LLC | |||||
| 2317 Sea Island Drive | Jonesboro | AR | 72404 | Personal services | $222,798 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $1,207,251 | MembershipDuesAmt |
| All Other Contributions | $780,311 | AllOtherContributionsAmt |
| Total Contributions | $1,987,562 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $177,269 | TotalRevenueColumnAmt |
| Exclusion | $177,269 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Other Revenue | 900099 | $5,223,940 | $5,223,940 |
| Endowment Securities | 525920 | $5,000 | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $5,228,940 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,393,771 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,228,940 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $177,269 | ExclusionAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $104,897 | TotalAmt |
| Program Services | $19,068 | ProgramServicesAmt |
| Management And General | $85,829 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,450 | TotalAmt |
| Management And General | $8,450 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $405,557 | TotalAmt |
| Program Services | $148,014 | ProgramServicesAmt |
| Management And General | $25,331 | ManagementAndGeneralAmt |
| Fundraising | $232,212 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,767 | TotalAmt |
| Program Services | $53,178 | ProgramServicesAmt |
| Management And General | $11,589 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,112 | TotalAmt |
| Management And General | $8,112 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,699,900 | TotalAmt |
| Program Services | $1,699,900 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $340,423 | TotalAmt |
| Program Services | $307,782 | ProgramServicesAmt |
| Management And General | $32,641 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,225 | TotalAmt |
| Program Services | $4,499 | ProgramServicesAmt |
| Management And General | $14,726 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $477,608 | TotalAmt |
| Program Services | $477,608 | ProgramServicesAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,402,095 | TotalAmt |
| Program Services | $3,402,095 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,696 | TotalAmt |
| Management And General | $4,696 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,455 | TotalAmt |
| Program Services | $2,008 | ProgramServicesAmt |
| Management And General | $8,067 | ManagementAndGeneralAmt |
| Fundraising | $380 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| Contract Services | $1,554,244 | $910,546 | $643,698 |
| Equip rental Maint | $52,450 | $52,450 | |
| Transportation - Courtesy | $52,575 | $52,575 | |
| Bank Charges | $35,576 | $35,576 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $130,245 | TotalAmt |
| Program Services | $116,221 | ProgramServicesAmt |
| Management And General | $12,833 | ManagementAndGeneralAmt |
| Fundraising | $1,191 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,371,275 | TotalAmt |
| Program Services | $7,228,945 | ProgramServicesAmt |
| Management And General | $908,547 | ManagementAndGeneralAmt |
| Fundraising | $233,783 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,689,567 | BOYAmt |
| EOY | $8,852,400 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,953,601 | BOYAmt |
| EOY | $15,170,775 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,586,721 | BOYAmt |
| EOY | $10,627,210 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,891,667 | BOYAmt |
| EOY | $11,191,667 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $17,793 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $12,241 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,476 | BOYAmt |
| EOY | $5,552 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,580,901 | BOYAmt |
| EOY | $2,811,518 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,050,304 | BOYAmt |
| EOY | $6,723,604 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,764,237 | BOYAmt |
| EOY | $55,382,726 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $219,200 | BOYAmt |
| EOY | $308,736 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,894,924 | BOYAmt |
| EOY | $32,211,875 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,926,757 | BOYAmt |
| EOY | $14,170,772 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,040,881 | BOYAmt |
| EOY | $46,691,383 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $865,340 | BOYAmt |
| EOY | $743,997 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,139,596 | BOYAmt |
| EOY | $6,147,612 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,718,420 | BOYAmt |
| EOY | $1,799,734 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,723,356 | BOYAmt |
| EOY | $8,691,343 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,764,237 | BOYAmt |
| EOY | $55,382,726 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$977,504 | ReconcilationRevenueExpnssAmt |
| Prior Period Adjustments | -$1,054,509 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| 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 | $2,879,629 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,412,866 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,096,808 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,379,017 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,987,562 | CurrentTaxYearAmt |
| Total | $12,755,882 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,879,629 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,412,866 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,096,808 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,379,017 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,987,562 | CurrentTaxYearAmt |
| Total | $12,755,882 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $12,755,882 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $262,569 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $57,564 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | -$19,412 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $434,282 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $177,269 | CurrentTaxYearAmt |
| Total | $912,272 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,401,727 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,601,190 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,423,470 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,982,681 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,228,940 | CurrentTaxYearAmt |
| Total | $25,638,008 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $39,306,162 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $5,228,940 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.32450 | PublicSupportCY170Pct |
| Public Support PY170 | 0.33740 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests PY170 | Yes (X) | ThirtyThrPctSuprtTestsPY170Ind |
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 | $25,638,008Other revenue is comprised of premium stadium seating, Arkansas State Universtiy bowl game, contract service buy out; football stadium enhancements for the benefit of Arkansas State University; corporate and individual sponsorships. | ExplanationTxt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,718,420 | BeginningYearBalanceAmt |
| Contributions | $5,000 | ContributionsAmt |
| Investment Earnings Or Losses | $149,128 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $54,450 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $18,364 | AdministrativeExpensesAmt |
| End Year Balance | $1,799,734 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,556,440 | BeginningYearBalanceAmt |
| Contributions | $5,154 | ContributionsAmt |
| Investment Earnings Or Losses | $223,139 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $49,064 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $17,249 | AdministrativeExpensesAmt |
| End Year Balance | $1,718,420 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,653,215 | BeginningYearBalanceAmt |
| Contributions | $10,006 | ContributionsAmt |
| Investment Earnings Or Losses | -$35,522 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $54,733 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $16,526 | AdministrativeExpensesAmt |
| End Year Balance | $1,556,440 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,644,583 | BeginningYearBalanceAmt |
| Contributions | $38,236 | ContributionsAmt |
| Investment Earnings Or Losses | $36,193 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $48,284 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $17,513 | AdministrativeExpensesAmt |
| End Year Balance | $1,653,215 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,458,380 | BeginningYearBalanceAmt |
| Contributions | $7,575 | ContributionsAmt |
| Investment Earnings Or Losses | $245,553 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $49,825 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $17,100 | AdministrativeExpensesAmt |
| End Year Balance | $1,644,583 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $14,428 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,308 | DepreciationAmt |
| Book Value | $5,120 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,365 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,933 | DepreciationAmt |
| Book Value | $432 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $5,552 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Endowment Pool Assets | $1,755,864 | F |
| Investments | $1,011,784 | F |
| Cash Surrender Value | $40,519 | F |
| Endowment Cash | $3,351 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $2,811,518 | TotalBookValueProgramRltdAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| Real estate | $206,100 |
| Construction in progress | $6,517,504 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $6,723,604 | TotalBookValueOtherAssetsAmt |
| Total Rev Etc Audited Fincl Stmt | $7,790,807 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $397,036 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $397,036 | RevenueNotReportedAmt |
| Revenue Subtotal | $7,393,771 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $7,393,771 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $8,768,311 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $397,036 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $397,036 | ExpensesNotReportedAmt |
| Expenses Subtotal | $8,371,275 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $8,371,275 | TotalExpensesPerForm990Amt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Members or stockholder classes and rights Part VI 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. |
| Member election for additional members Part VI line 7a | Any member in good standing who has been duly nominated and meets all qualifications may be elected as a director. |
| Governing body decisions Part VI 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 governing body review Part VI line 11 | The form 990 is reviewed by the Board of Directors prior to filing. |
| Governing documents etc available to public Part VI line 19 | Documents that are available to the public are furnished upon request. |
Comments