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Nonprofiteer
← ARKANSAS STATE UNIVERSITY SYSTEM FOUNDATION INC

Form 990 for tax year 2024

Filed by ARKANSAS STATE UNIVERSITY SYSTEM FOUNDATION INC.

Totals

Total revenue
$32,061,294
Total expenses
$14,808,782
Contributions and grants received
$18,846,357
Grants paid
$10,716,010
Program service revenue
$0
Investment income
$12,555,212
Other revenue
$659,725
Total assets, end of year
$191,760,441
Total liabilities, end of year
$17,075,537
Net assets or fund balances, end of year
$174,684,904
Program services expenses (Part IX)
$14,565,534
Management and general expenses
$243,248
Fundraising expenses
$0
Program service expenses (Part III)
$14,565,534

Program services were 98.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • NICOLE FREY

    PRESIDENT

    Total calculated
    $157,071
    From this org
    $0
    From related orgs
    $121,593
    Other
    $35,478
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $121,593 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $12,159 related
    Nontaxable benefits
    $0 + $23,319 related
    Filer's total
    $0 + $157,071 related
  • MELISSA LIVINGSTON

    BOARD LIASON

    Total calculated
    $73,611
    From this org
    $0
    From related orgs
    $57,014
    Other
    $16,597
    Hours/week
    1 + 40 related
  • CHARLOTTE RAZER

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1
  • DAVID A PICKLER

    BOARD VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • DR HAZEL DICKEY

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    1
  • PAM KAIL

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • PHILIP JACKSON

    FORMER PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • PHILLIP BUTTERFIELD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CHRIS VANLANDINGHAM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • SHARON DAVIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JIM GOWEN JR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JOE MILES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CRAIG WALKER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • HUGH BURGE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • SCOTT WHITE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Discretionary spending account
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
30 April 2026
IRS schema version
2024v5.5
Source object
202621259349301622

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