South Georgia State College Foundation Inc in Douglas, Georgia (GA)

Organization representatives - add corrected or new information about South Georgia State College Foundation Inc »

Non-representatives - add comments about South Georgia State College Foundation Inc»

South Georgia State College Foundation Inc
Employer Identification Number (EIN)581282314
Name of OrganizationSouth Georgia State College Foundation Inc
In Care of NameWanda Lloyd
Address100 College Park Dr W, Douglas, GA 31533-5020
ActivitiesScholarships (other)
SubsectionCharitable Organization, Educational Organization
Ruling Date03/1990
DeductibilityContributions are deductible
FoundationOrganization which operates for benefit of college or university and is owned or operated by a governmental unit
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$10,000,000 to $49,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$40,325,273
Amount of Income$3,101,351
Form 990 Revenue Amount$3,101,351
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Undergraduate College (4-year)


Non-representatives - add comments:


CAPTCHA

Your IP address 18.205.114.205 will be logged.

Amount of income in 2014: $3,101,351 (it was $2,570,463 in 2013)
South Georgia State College Foundation Inc: 

 $3,101,351
Other organizations performing similar types of work: 

 $1,343,451

Assets in 2014: $40,325,273 (it was $39,844,116 in 2013)
South Georgia State College Foundation Inc: 

 $40,325,273
Other organizations performing similar types of work: 

 $5,533,504

Expenses in 2013: $1,991,734
This organization: 

 $1,991,734
Other organizations performing similar types of work: 

 $487,806

Income to expenses ratio in 2013: 1.6
This organization: 

 1.6
Other organizations performing similar types of work: 

 2.4

Grants share in income in 2013: 5.3%
South Georgia State College Foundation Inc: 

 5.3%
Other organizations performing similar types of work: 

 47.7%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Support schedule

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?No
Is the organization required to complete Schedule B, Schedule of Contributors?Yes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?No
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?No
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?No
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?No
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?No
Did the organization maintain collections of works of art, historical treasures, or other similar assets?No
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?No
Did the organization report an amount for land, buildings, and equipment?Yes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?No
Did the organization report an amount for investments-program related that is 5% or more of its total assets?Yes
Did the organization report an amount for other assets that is 5% or more of its total assets?No
Did the organization report an amount for other liabilities?Yes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?No
Did the organization obtain separate, independent audited financial statements for the tax year?Yes
Was the organization included in consolidated, independent audited financial statements for the tax year?No
Is the organization a school described in section 170(b)(1)(A)(ii)?No
Did the organization maintain an office, employees, or agents outside of the United States?No
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?No
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?No
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?No
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?No
Did the organization report more than $15,000 total of fundraising event gross income and contributions?No
Did the organization report more than $15,000 of gross income from gaming activities?No
Did the organization operate one or more hospital facilities?No
Did the organization attach a copy of its audited financial statements?No
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?No
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?Yes
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?Yes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?Yes
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?No
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?No
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?Yes
Did the organization engage in an excess benefit transaction with a disqualified person during the year?No
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?No
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?No
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?No
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?No
A family member of a current or former officer, director, trustee, or key employee?No
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?No
Did the organization receive more than $25,000 in non-cash contributions?No
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?No
Did the organization liquidate, terminate, or dissolve and cease operations?No
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?No
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?No
Was the organization related to any tax-exempt or taxable entity?Yes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?No
Did the organization make any transfers to an exempt non-charitable related organization?No
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?No
Statements Regarding Other IRS Filings and Tax Compliance
20122013
The number reported in Box 3 of Form 10960
The number of Forms W-2G0
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?No
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return0
Did the organization file all required federal employment tax returns?No
Did the organization have unrelated business gross income of $1,000 or more during the year?NoNo
Has it filed a Form 990-T for this year?No
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?No
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?No
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?No
Did the organization file Form 8886-T?No
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?No
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?No
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?Yes
Did the organization notify the donor of the value of the goods or services provided?Yes
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?No
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?No
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?No
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?No
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?No
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?No
Did the sponsoring organization make any taxable distributions under section 4966?No
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?No
Initiation fees and capital contributions$0$0
Gross receipts for public use of club facilities $0$0
Gross income from members or shareholders$0$0
Gross income from other sources$0$0
Is the organization filing Form 990 in lieu of Form 1041?No
The amount of tax-exempt interest received or accrued during the year$0
Is the organization licensed to issue qualified health plans in more than one state?No
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0
The amount of reserves on hand$0
Did the organization receive any payments for indoor tanning services during the tax year?No
Has it filed a Form 720 to report these payments?No
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$0
Total reportable compensation from related organizations$167,124
Total estimated amount of other compensation from the organization and related organizations$0
Total number of individuals who received more than $100,000 of reportable compensation from the organization0
Total number of independent contractors who received more than $100,000 of compensation from the organization0
Statement of Revenue
20122013
Total revenue$2,516,366$2,570,463
Contributions, Gifts, Grants and Other Similar Amounts$378,190$135,195
Program Service Revenue$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$1,975,213$2,267,824
Income from investment of tax-exempt bond proceeds$0$0
Royalties$0$0
Net rental income$149,382$153,863
Gross rents (Real / Personal)$149,382 / $0$153,863 / $0
Less: rental expenses (Real / Personal)$0 / $0$0 / $0
Rental income or (loss) (Real / Personal)$149,382 / $0$153,863 / $0
Net gain/loss from sales of assets other than inventory$0$0
Net income/loss from fundraising events$0$0
Net income/loss from gaming activities$0$0
Net income/loss from sales of inventory$0$0
Miscellaneous Revenue$13,581$13,581
0$13,581
All other revenue$0
Statement of Functional Expenses
20122013
Total functional expenses$1,982,679$1,991,734
Grants and other assistance to domestic organizations and domestic governments$0
Grants and other assistance to domestic individuals$46,337
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, trustees, and key employees$0$0
Compensation not included above, to disqualified persons$0
Other salaries and wages$0$0
Pension plan accruals and contributions$0
Other employee benefits$0
Payroll taxes$0$0
Fees for services (non-employees)
Management$0
Legal$0
Accounting$0
Lobbying$0
Professional fundraising services$6,827$2,886
Investment management fees$0
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$1,699,505
Payments to affiliates$0
Depreciation, depletion, and amortization$0
Insurance$0
Other expenses$243,006
Balance Sheet
20122013
Total assets$39,516,009$39,844,116
Cash - non-interest-bearing$1,230,834
Savings and temporary cash investments$0
Pledges and grants receivable, net$0
Accounts receivable, net$0
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0
Notes and loans receivable, net$0
Inventories for sale or use$0
Prepaid expenses and deferred charges$25,083
Land, buildings, and equipment: cost or other basis$330,395
Investments - publicly traded securities$5,481,230
Investments - other securities$0
Investments - program-related$31,777,708
Intangible assets$998,866
Other assets$0
Total liabilities$35,593,147$35,342,525
Accounts payable and accrued expenses$189,126
Grants payable$0
Deferred revenue$0
Tax-exempt bond liabilities$35,113,068$34,828,594
Escrow or custodial account liability$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0
Secured mortgages and notes payable to unrelated third parties$0$0
Unsecured notes and loans payable to unrelated third parties$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$324,805
Total net assets or fund balances$3,922,862$4,501,591
Unrestricted net assets$1,594,859
Temporarily restricted net assets$186,934
Permanently restricted net assets$2,719,798
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$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$899,652
Subtotal Support$1,526,818
Gifts, grants, contributions, and membership fees received$1,526,818
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$627,166
Total Support$1,820,860
Public Support$1,526,818
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$294,042
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$7,571,368
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend South Georgia State College Foundation Inc to others? (optional)
  
Add photo of South Georgia State College Foundation Inc (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Columbus State University Foundation Inc4225 University Ave, Columbus, GA 31907-5645GA1964-07$27,866,819
2Valdosta State University Foundation Inc1500 N Patterson St, Valdosta, GA 31698-0100GA1985-01$19,122,380
3Clayton State University Foundation Inc2000 Clayton St Blvd, Morrow, GA 30260GA1974-11$5,169,856
4Southern Oregon University Foundation1250 Siskiyou Blvd, Ashland, OR 97520-5001OR1968-01$29,348,632
5Rhode Island College Foundation600 Mount Pleasant Avenue, Providence, RI 02908-1940RI1978-03$19,304,093
6The College Of New Jersey Foundation IncPO BOX 7718, Ewing, NJ 08628-0718NJ1985-01$17,189,638
7Scholarship & Welfare Funds Of Alumni Association Of Hunter Colle695 Park Ave Rm 1314he, New York, NY 10065-5024NY1949-09$15,886,796
8Union County College Foundation Inc995 Springfield Ave, Cranford, NJ 07016-1528NJ1979-04$8,697,416
9College Of Coastal Georgia Foundation Inc1 College Dr, Brunswick, GA 31520-3614GA1968-05$7,513,018
10Thomas A Edison State College Foundation Inc101 W State St, Trenton, NJ 08608-1101NJ1978-10$6,729,279
11Santa Ana College Foundation1530 W 17th St, Santa Ana, CA 92706-3398CA1968-05$5,446,012
12Wayne State Foundation1111 Main Street, Wayne, NE 68787-1172NE1963-06$5,177,884
13Schoolcraft College Foundation18600 Haggerty Rd, Livonia, MI 48152-3932MI1966-11$5,130,130
14State University College At Brockport Foundation Inc350 New Campus Dr, Brockport, NY 14420-2997NY1977-03$4,132,336
15South Georgia State College Foundation Inc100 College Park Dr W, Douglas, GA 31533-5020GA1990-03$3,101,351
16Middle Georgia State College Foundation Inc100 College Station Dr, Macon, GA 31206-5100GA1970-04$2,586,868
17Imperial College Foundation Inc837 State Street, Atlanta, GA 30332-0001GA1989-01$2,504,166
18Columbus State Universtiy Athletic Fund Inc4225 University Ave, Columbus, GA 31907-5679GA1969-07$1,643,895
19Augusta State University Athletic Association Inc2500 Walton Way, Augusta, GA 30904GA1979-03$1,286,819
20James M Dye Foundation Inc2001 S Georgia Pkwy W, Waycross, GA 31503-0110GA1977-12$239,665
Number of organizations performing similar types of work
Alabama1
Arkansas1
Arizona1
California27
Colorado2
Florida4
Georgia10
Iowa1
Idaho1
Illinois10
Indiana3
Kansas3
Kentucky1
Louisiana2
Massachusetts7
Maryland1
Maine2
Michigan6
Minnesota3
Missouri1
Montana1
North Carolina10
Nebraska4
New Hampshire2
New Jersey5
New York15
Ohio7
Oklahoma5
Oregon4
Pennsylvania1
Rhode Island3
South Carolina7
Tennessee1
Texas10
Washington6
Wisconsin3
West Virginia1
International2
Total174

NonProfitFacts.com is not associated with, endorsed by, or sponsored by South Georgia State College Foundation Inc and has no official or unofficial affiliation with South Georgia State College Foundation Inc