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Nonprofiteer
← ARKANSAS STATE UNIVERSITY SYSTEM FOUNDATION INC

Form 990 for tax year 2022

Filed by ARKANSAS STATE UNIVERSITY SYSTEM FOUNDATION INC.

Totals

Total revenue
$10,187,918
Total expenses
$10,145,082
Contributions and grants received
$7,156,884
Grants paid
$7,096,355
Program service revenue
$0
Investment income
$2,595,659
Other revenue
$435,375
Total assets, end of year
$129,583,231
Total liabilities, end of year
$14,966,629
Net assets or fund balances, end of year
$114,616,602
Program services expenses (Part IX)
$9,944,093
Management and general expenses
$200,989
Fundraising expenses
$0
Program service expenses (Part III)
$9,944,093

Program services were 98.0% 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
    $29,743
    From this org
    $22,500
    From related orgs
    $0
    Other
    $7,243
    Hours/week
    1 + 40 related
  • MELISSA LIVINGSTON

    BOARD LIASON

    Total calculated
    $62,473
    From this org
    $47,688
    From related orgs
    $0
    Other
    $14,785
    Hours/week
    1 + 40 related
  • DR HAZEL DICKEY

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1
  • CHARLOTTE RAZER

    BOARD VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • JUDIOUS LEWIS

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    1
  • PAM KAIL

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • PHILIP JACKSON

    FORMER PRESIDENT

    Total calculated
    $189,005
    From this org
    $149,090
    From related orgs
    $0
    Other
    $39,915
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $149,090
    Bonus
    $0
    Other
    $0
    Deferred
    $14,909
    Nontaxable benefits
    $25,006
    Filer's total
    $189,005
  • 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
  • DAVID A PICKLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CHRIS WALKER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • NESS SECHREST

    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
2022
Filed
14 May 2024
IRS schema version
2022v5.0
Source object
202401369349304645

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