Austin Peay State University Foundation
- Assets
- $70.9m
- Revenue
- $25.8m
- Investments
- $90.5k
- Employees
- 0
- Location
- Clarksville, TN
- Founding
- 07/1976
- Data as of
- 06/2022
- EIN
- 62-0961836
Organization Overview
Austin Peay State University Foundation is located in Clarksville, TN. The organization was established in 1976. According to its NTEE Classification (B43) the organization is classified as: Universities, 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. Austin Peay State University 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, Austin Peay State University Foundation generated $25.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.1% each year . All expenses for the organization totaled $7.2m during the year ending 06/2022. While expenses have increased by 5.3% 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 FOUNDATION PROVIDES SCHOLARSHIPS, AWARDS, AND MONIES FOR OTHER APSU EDUCATIONAL PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES SCHOLARSHIPS, AWARDS, AND MONIES FOR OTHER APSU EDUCATIONAL PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristopher R Phillips Executive Dir. | Trustee | 10 | $0 |
List Of Trustees Attached Trustee | Trustee | 0 | $0 |
Jeannie Beauchamp Executive Comm | Trustee | 0 | $0 |
Doug Downey Executive Comm | Trustee | 0 | $0 |
Suzanne Langford Executive Comm | Trustee | 0 | $0 |
Sondra Hamilton Executive Comm | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $2,297,600 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,342,379 |
| Noncash contributions included in lines 1a–1f | $2,466,399 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,639,979 |
| Total Program Service Revenue | $0 |
| Investment income | $1,612,603 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $534,566 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $25,787,148 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,302,591 |
| 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 | $0 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $52,303 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $7,192,403 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,967,636 |
| Savings and temporary cash investments | $60,034 |
| Pledges and grants receivable | $22,046,617 |
| 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 | $198,623 |
| Investments—publicly traded securities | $33,565,795 |
| Investments—other securities | $90,549 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,745 |
| Total assets | $70,932,999 |
| Accounts payable and accrued expenses | $949,996 |
| Grants payable | $0 |
| Deferred revenue | $39,350 |
| 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 | $989,346 |
| Net assets without donor restrictions | $1,125,877 |
| Net assets with donor restrictions | $68,817,776 |
| 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 | $70,932,999 |