Louisiana State University At Eunice Foundation
- Assets
- $2.9m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Eunice, LA
- Founding
- 03/1993
- Data as of
- 06/2022
- EIN
- 58-2028025
Organization Overview
Louisiana State University At Eunice Foundation is located in Eunice, LA. The organization was established in 1993. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisiana State University At Eunice Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Louisiana State University At Eunice Foundation generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.6% each year . All expenses for the organization totaled $890.7k during the year ending 06/2022. While expenses have increased by 16.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE LSUE FOUNDATION SUPPORTS PROGRAMS AND ACTIVITIES DESIGNED TO RECEIVE, HOLD, INVEST, AND ADMINISTER PROPERTY AND TO MAKE EXPENDITURES TO ADVANCE, PROMOTE OR OTHERWISE BENEFIT LSU EUNICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ATHLETICS-INTERCOLLEGIATE ATHLETIC PROGRAM INCLUDE BASEBALL (BOYS), BASKETBALL AND SOFTBALL (GIRLS)-INCLUDES BRAND POSITIONING OF THE UNIVERSITY, TRAVEL, FOR INTERCOLLEGIATE COMPETITION AND OTHER SUPPLEMENTARY PROGRAMS THAT ENHANCE THE OVERALL POSITIVE COLLEGIATE EXPERIENCE FOR STUDENT ATHLETES.
SCHOLARSHIPS - PROVIDES ONGOING SUPPORT FOR ACADEMICALLY QUALIFIED STUDENTS IN NEED OF ASSISTANCE TO COVER RISING PUBLIC EDUCATION COSTS. ALSO INCLUDES EFFORTS TO RAISE AWARENESS OF THE RISING COSTS TO THE SUPPORTING COMMUNITIES OF LSU EUNICE.
ENDOWED PROFESSORSHIPS-COMPETITIVE PROGRAM THAT SUPPLIES SMALL SUPPLEMENTAL FACULTY COMPENSATION TO COVER RESEARCH COSTS AT A TWO-YEAR INSTITUTION.
SUPPLEMENTAL PROGRAMS THAT ENHANCE THE OVERALL COLLEGIATE EXPERIENCE FOR LSU EUNICE STUDENTS RESEARCH OPPORTUNITIES (URSI, CHANCELLORS' RESEARCH AND MATH & SCIENCE RESEARCH);ART AND CULTURAL PROGRAMS (LA REVIEW AND LSUE PERFORMING ARTS); ALUMNI ASSOCIATION AND LIBRARY SERVICES (FRIENDS OF LEDOUX LIBRARY).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kip Bertrand President | OfficerTrustee | $0 | |
Clem Lafleur Vice Preside | OfficerTrustee | $0 | |
Willie Bergeron Past Preside | OfficerTrustee | $0 | |
K Brent Vidrine Treasurer | OfficerTrustee | $0 | |
Kevin Ardoin Director | Trustee | $0 | |
Kevin Brown Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $41,845 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $982,707 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,024,552 |
| Total Program Service Revenue | $0 |
| Investment income | $104,771 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $38,729 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,168,052 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $336,516 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,844 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $19,536 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $135,359 |
| Total functional expenses | $890,666 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,905,512 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,905,512 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,206,375 |
| Net assets with donor restrictions | $1,699,137 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,905,512 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Louisiana State University At Eunice Foundation has recieved totaling $218,207.
| Awarding Organization | Amount |
|---|---|
Lettie Pate Whitehead Foundation Inc Atlanta, GA PURPOSE: For nursing scholarships. | $114,000 |
Community Foundation Of Southwest Louisiana Lake Charles, LA PURPOSE: SUPPORT FOR FIVE ENDOWED SCHOLARSHIPS. | $50,000 |
Fanny Edith Winn Educational Tr Crowley, LA PURPOSE: UNRESTRICTED | $25,300 |
Florence Mauboules Charitable Trust Crowley, LA PURPOSE: BENEFIT OF ORGANIZATION ACTIVITIES | $20,000 |
Community Foundation Of Acadiana Lafayette, LA PURPOSE: Scholarships, general support | $5,799 |
Florence Mauboules Charitable Trust Crowley, LA PURPOSE: BENEFIT OF UNIVERSITY ACTIVITIES | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Education Service Center Region Xiii Austin, TX | $57,202,932 | $81,882,395 |
Life School Of Dallas Red Oak, TX | $119,776,308 | $72,202,880 |
Austin Achieve Public Schools Inc Austin, TX | $59,873,760 | $31,154,261 |
National Math And Science Initiative Inc Dallas, TX | $26,216,573 | $26,013,416 |
Wayside Schools Austin, TX | $44,220,999 | $24,827,897 |
Arkansas Connections Academy Inc Bentonville, AR | $3,114,083 | $20,599,824 |
Austin Trinity School Austin, TX | $48,197,793 | $16,908,197 |
Arlington Classics Academy Arlington, TX | $32,317,939 | $15,087,121 |
Northlake Christian School Covington, LA | $15,559,549 | $15,961,975 |
Texas Coalition For Animal Protection Fort Worth, TX | $9,140,859 | $14,917,183 |
Covenant Knights School Dallas, TX | $65,440,145 | $15,652,987 |
Compass Academy Charter School Inc Odessa, TX | $45,382,353 | $13,322,993 |