Form 990 for tax year 2023

Filed by NICHOLLS STATE UNIVERSITY FOUNDATION.

What the amendment changed

Compared with the return it replaced , filed 15 May 2025. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue: $11,697,519 changed to $11,632,013
Total expenses: $7,299,278 changed to $6,899,279
Contributions and grants received: $9,619,007 changed to $9,598,417
Grants paid: $6,595,269 changed to $6,195,269
Program service revenue: $1,098,028 changed to $1,084,445
Other revenue: $488,645 changed to $457,312
Total assets, end of year: $37,694,521 changed to $37,615,217
Total liabilities, end of year: $12,309,997 changed to $11,823,669
Net assets or fund balances, end of year: $25,384,524 changed to $25,791,548
Program services expenses: $6,610,937 changed to $6,210,937
Fundraising expenses: $82,006 changed to $82,007
Program service expenses (Part III): $6,610,937 changed to $6,210,937

Totals

Total revenue: $11,632,013
Total expenses: $6,899,279
Contributions and grants received: $9,598,417
Grants paid: $6,195,269
Program service revenue: $1,084,445
Investment income: $491,839
Other revenue: $457,312
Total assets, end of year: $37,615,217
Total liabilities, end of year: $11,823,669
Net assets or fund balances, end of year: $25,791,548
Program services expenses (Part IX): $6,210,937
Management and general expenses: $606,335
Fundraising expenses: $82,007
Program service expenses (Part III): $6,210,937

Program services were 90.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1f · All other contributions, gifts and grants

$9,598,417
2a · Program service revenue: Other Program Revenue

total $746,016 · unrelated business $0 · excluded $0
2b · Program service revenue: Other Program Revenue

total $338,429 · unrelated business $0 · excluded $338,429
3 · Investment income

total $478,219 · unrelated business $0 · excluded $478,219
5 · Royalties

total $892 · related or exempt $0 · unrelated business $0 · excluded $892
7a · Gross sales of assets other than inventory

securities $6,082,417
7b · Less cost or other basis and sales expenses

securities $6,068,797
7c · Gain or loss

securities $13,620
7d · Net gain or loss

total $13,620 · related or exempt $0 · unrelated business $0 · excluded $13,620
8a · Fundraising events: gross income

$456,420
8c · Net income from fundraising events

total $456,420 · unrelated business $0 · excluded $456,420

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $6,195,269 · program services $6,195,269
6 · Compensation of disqualified persons

total $101,500 · program services $0 · management and general $101,500 · fundraising $0
8 · Pension plan contributions

total $3,418 · program services $0 · management and general $3,418 · fundraising $0
10 · Payroll taxes

total $6,257 · program services $0 · management and general $6,257 · fundraising $0
11a · Fees: management

total $11,667 · program services $0 · management and general $11,667 · fundraising $0
11c · Fees: accounting

total $68,028 · program services $0 · management and general $68,028 · fundraising $0
11g · Fees: other

total $32,500 · program services $0 · management and general $32,500 · fundraising $0
13 · Office expenses

total $5,565 · program services $0 · management and general $5,565 · fundraising $0
17 · Travel

total $130 · program services $0 · management and general $130 · fundraising $0
20 · Interest

total $105,096 · program services $0 · management and general $105,096 · fundraising $0
24a · Other expenses: Postage

total $64,286 · program services $0 · management and general $1,466 · fundraising $62,820
24b · Other expenses: Information Technology

total $63,083 · program services $0 · management and general $63,083 · fundraising $0
24c · Other expenses: Bank & Credit Card Fees

total $26,840 · program services $0 · management and general $26,840 · fundraising $0
24d · Other expenses: Donations

total $25,480 · program services $0 · management and general $22,866 · fundraising $2,614
24e · All other expenses

total $190,160 · program services $15,668 · management and general $157,919 · fundraising $16,573

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $4,248,257 · end of year $431,910
2 · Savings and temporary cash investments

beginning of year $2,759,223 · end of year $7,809,170
3 · Pledges and grants receivable

beginning of year $764,427 · end of year $4,506,966
4 · Accounts receivable

beginning of year $879,586 · end of year $71,511
7 · Other notes and loans receivable

beginning of year $1,583,070
11 · Investments: publicly traded securities

beginning of year $23,605,885 · end of year $24,658,259
15 · Other assets

beginning of year $194,430 · end of year $137,401
17 · Accounts payable and accrued expenses

beginning of year $22,031 · end of year $637,364
23 · Secured mortgages and notes payable

beginning of year $663,673 · end of year $510,415
24 · Unsecured notes and loans payable

beginning of year $2,513,704 · end of year $1,079,968
25 · Other liabilities

beginning of year $9,776,656 · end of year $9,595,922
27 · Net assets without donor restrictions

beginning of year -$513,913 · end of year -$702,467
28 · Net assets with donor restrictions

beginning of year $21,572,727 · end of year $26,494,015

Mission and programs · 2023

Mission

The Foundations mission is to promote, develop and assist Nicholls State University.

Support for programs at Nicholls State University

Expenses $6,210,937 · Grants $6,195,269 · Revenue $775,885

As filed on the 2023 return.

Listed in Part VII

Jeremy Becker

Executive Director

Total calculated

$108,939

From this org

$101,500

From related orgs

$0

Other

$7,439

Hours/week

40
Christoper Riviere

President

Total calculated

$0

Hours/week

1
Daniels Duplantis

Vice President

Total calculated

$0

Hours/week

1
Arlen Cenac

Sec/Treas

Total calculated

$0

Hours/week

1
Donald Bollinger

Director

Total calculated

$0

Hours/week

1
Rosie Delaune

Director

Total calculated

$0

Hours/week

1
Hunt Downer

Director

Total calculated

$0

Hours/week

1
Hugh Hamilton

Director

Total calculated

$0

Hours/week

1
Henry Lafont Jr

Director

Total calculated

$0

Hours/week

1
R E Bob Miller

Director

Total calculated

$0

Hours/week

1
Patrick Pitre

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.

Grants on this return

Nicholls State University

$6,610,937

Assisting and Promoting NSU

Provenance

Return type: form_990
Tax year: 2023
Filed: 14 July 2025
IRS schema version: 2023v6.0
Source object: 202501959349301190

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