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Arkansas State University System Foundation Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Single Organization Support (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$10.2M (2023)

Expenses
$10.1M (2023)

Total Assets
$130M (2023)

Total Liabilities
$15M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,187,918
Expenses
$10,145,082
Net Income
$42,836
Net Assets
$114,616,602
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,156,884
70.2%
Program Services $0
Investment Income $2,351,489
23.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $244,170
2.4%
Net Inventory Sales $0
Other Revenue $435,375
4.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $283,059
2.8%
Professional Fundraising Fees $0
Other Salaries and Wages $121,816
1.2%
Assets/Debt
Total Assets $129,583,231
Total Liabilities $14,966,629
Net Assets $114,616,602
Compensation
Key Employees and Officers Compensation Related Other
Philip Jackson (Former President) $149,090 $0 $39,915
Melissa Livingston (Board Liason) $47,688 $0 $14,785
Nicole Frey (President) $22,500 $0 $7,243
Dr Hazel Dickey (Board Chair) $0 $0 $0
Charlotte Razer (Board Vice Chair) $0 $0 $0
Judious Lewis (Immediate Past Chair) $0 $0 $0
Pam Kail (Secretary) $0 $0 $0
Phillip Butterfield (Director) $0 $0 $0
Chris Vanlandingham (Director) $0 $0 $0
Sharon Davis (Director) $0 $0 $0
Jim Gowen Jr (Director) $0 $0 $0
Joe Miles (Director) $0 $0 $0
David A Pickler (Director) $0 $0 $0
Chris Walker (Director) $0 $0 $0
Ness Sechrest (Director) $0 $0 $0
Scott White (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,203,394
Expenses
$7,097,922
Net Income
$5,105,472
Net Assets
$107,626,624
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,339,448
51.9%
Program Services $0
Investment Income $2,099,361
17.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,371,116
27.6%
Net Inventory Sales $0
Other Revenue $393,469
3.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $234,164
3.3%
Professional Fundraising Fees $0
Other Salaries and Wages $117,932
1.7%
Assets/Debt
Total Assets $121,901,814
Total Liabilities $14,275,190
Net Assets $107,626,624
Compensation
Key Employees and Officers Compensation Related Other
Philip Jackson (President) $149,090 $0 $39,915
Melissa Livingston (Board Liason) $47,688 $0 $14,785
Dr Hazel Dickey (Board Chair) $0 $0 $0
Charlotte Razer (Board Vice Chair) $0 $0 $0
Judious Lewis (Immediate Past Chair) $0 $0 $0
Pam Kail (Secretary) $0 $0 $0
Chris Vanlandingham (Director) $0 $0 $0
John E Baine (Director) $0 $0 $0
Jim Gowen Jr (Director) $0 $0 $0
Joe Miles (Director) $0 $0 $0
David A Pickler (Director) $0 $0 $0
Ken Bennett (Director) $0 $0 $0
Ness Sechrest (Director) $0 $0 $0
Don Walsh (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,531,614
Expenses
$5,429,952
Net Income
$12,101,662
Net Assets
$119,630,910
Notable Sources of Revenue Percent of Total Revenue
Contributions $12,200,949
69.6%
Program Services $0
Investment Income $1,568,524
8.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,395,604
19.4%
Net Inventory Sales $0
Other Revenue $366,537
2.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $234,369
4.3%
Professional Fundraising Fees $0
Other Salaries and Wages $124,516
2.3%
Assets/Debt
Total Assets $136,091,446
Total Liabilities $16,460,536
Net Assets $119,630,910
Compensation
Key Employees and Officers Compensation Related Other
Philip Jackson (President) $138,794 $0 $36,877
Melissa Livingston (Board Liason) $44,232 $0 $13,500
Judious Lewis (Board Chair) $0 $0 $0
Dr Hazel Dickey (Board Vice Chair) $0 $0 $0
Mr Doug Coy (Immediate Past Chair) $0 $0 $0
Pam Kail (Secretary) $0 $0 $0
Chris Vanlandingham (Director) $0 $0 $0
John E Baine (Director) $0 $0 $0
Jim Gowen Jr (Director) $0 $0 $0
Joe Miles (Director) $0 $0 $0
David A Pickler (Director) $0 $0 $0
Charlotte Razer (Director) $0 $0 $0
Ness Sechrest (Director) $0 $0 $0
Don Walsh (Director) $0 $0 $0
Charles Welch (Ex Officio) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,881,080
Expenses
$4,625,048
Net Income
$7,256,032
Net Assets
$92,553,597
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,654,445
47.6%
Program Services $0
Investment Income $2,703,930
22.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,171,165
26.7%
Net Inventory Sales $0
Other Revenue $351,540
3.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $227,134
4.9%
Professional Fundraising Fees $0
Other Salaries and Wages $120,769
2.6%
Assets/Debt
Total Assets $112,475,208
Total Liabilities $19,921,611
Net Assets $92,553,597
Compensation
Key Employees and Officers Compensation Related Other
Judious Lewis (Board Chair) $0 $0 $0
Dr Hazel Dickey (Board Vice Chair) $0 $0 $0
Mr Doug Coy (Immediate Past Chair) $0 $0 $0
Philip Jackson (President) $0 $142,658 $26,908
Pam Kail (Secretary) $0 $0 $0
Melissa Livingston (Board Liason) $0 $43,572 $10,348
Ken Bennett (Director) $0 $0 $0
John E Baine (Director) $0 $0 $0
Jim Gowen Jr (Director) $0 $0 $0
Joe Miles (Director) $0 $0 $0
David A Pickler (Director) $0 $0 $0
Charlotte Razer (Director) $0 $0 $0
Ness Sechrest (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,748,598
Expenses
$11,772,346
Net Income
$5,976,252
Net Assets
$88,459,151
Notable Sources of Revenue Percent of Total Revenue
Contributions $12,446,926
70.1%
Program Services $0
Investment Income $3,203,515
18.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,769,757
10.0%
Net Inventory Sales $0
Other Revenue $328,400
1.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $225,388
1.9%
Professional Fundraising Fees $0
Other Salaries and Wages $115,961
1.0%
Assets/Debt
Total Assets $108,442,522
Total Liabilities $19,983,371
Net Assets $88,459,151
Compensation
Key Employees and Officers Compensation Related Other
Doug Coy (Board Chair) $0 $0 $0
Judious Lewis (Board Vice Chair) $0 $0 $0
Joe Miles (Immediate Past Chair) $0 $0 $0
Philip Jackson (President) $0 $141,441 $24,318
Pam Kail (Secretary) $0 $0 $0
Melissa Livingston (Board Liason) $0 $39,337 $13,812
Ken Bennett (Director) $0 $0 $0
Dr Hazel Dickey (Director) $0 $0 $0
Jim Gowen Jr (Director) $0 $0 $0
Ted Herget (Director) $0 $0 $0
Gary Pugh (Director) $0 $0 $0
Charlotte Razer (Director) $0 $0 $0
Ness Sechrest (Director) $0 $0 $0
Herman Strickland (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,232,156
Expenses
$3,873,634
Net Income
$14,358,522
Net Assets
$83,412,326
Notable Sources of Revenue Percent of Total Revenue
Contributions $14,234,815
78.1%
Program Services $0
Investment Income $2,272,712
12.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,401,432
7.7%
Net Inventory Sales $0
Other Revenue $323,197
1.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $96,866,338
Total Liabilities $13,454,012
Net Assets $83,412,326
Compensation
Key Employees and Officers Compensation Related Other
Doug Coy (Board Chair) $0 $0 $0
Judious Lewis (Board Vice Chair) $0 $0 $0
Joe Miles (Immediate Past Chair) $0 $0 $0
Philip Jackson (President) $0 $139,584 $27,722
Pam Kail (Secretary) $0 $0 $0
Melissa Livingston (Board Liason) $0 $43,681 $17,536
Ken Bennett (Director) $0 $0 $0
Dr Hazel Dickey (Director) $0 $0 $0
Jim Gowen Jr (Director) $0 $0 $0
Ted Herget (Director) $0 $0 $0
Gary Pugh (Director) $0 $0 $0
Charlotte Razer (Director) $0 $0 $0
Ness Sechrest (Director) $0 $0 $0
Herman Strickland (Director) $0 $0 $0
Charles Welch (Ex Officio) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,876,453
Expenses
$889,314
Net Income
$8,987,139
Net Assets
$67,745,550
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,725,405
78.2%
Program Services $0
Investment Income $1,783,803
18.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$10,907
Net Inventory Sales $0
Other Revenue $378,152
3.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $80,395,155
Total Liabilities $12,649,605
Net Assets $67,745,550
Compensation
Key Employees and Officers Compensation Related Other
Doug Coy (Board Chair) $0 $0 $0
Judious Lewis (Board Vice Chair) $0 $0 $0
Joe Miles (Immediate Past Chair) $0 $0 $0
Philip Jackson (President) $0 $137,250 $33,616
Pam Kail (Secretary) $0 $0 $0
Melissa Livingston (Board Liason) $0 $42,763 $17,391
Ken Bennett (Director) $0 $0 $0
Dr Hazel Dickey (Director) $0 $0 $0
Jim Gowen Jr (Director) $0 $0 $0
Ted Herget (Director) $0 $0 $0
Gary Pugh (Director) $0 $0 $0
Charlotte Razer (Director) $0 $0 $0
Ness Sechrest (Director) $0 $0 $0
Herman Strickland (Director) $0 $0 $0
Don Winton (Director) $0 $0 $0
Charles Welch (Ex Officio) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,072,246
Expenses
$1,870,759
Net Income
$7,201,487
Net Assets
$56,365,360
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,123,483
67.5%
Program Services $0
Investment Income $1,413,732
15.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $826,326
9.1%
Net Inventory Sales $0
Other Revenue $708,705
7.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $68,545,637
Total Liabilities $12,180,277
Net Assets $56,365,360

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,537,382
Expenses
$1,602,682
Net Income
$5,934,700
Net Assets
$55,383,031
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,449,835
59.0%
Program Services $0
Investment Income $1,626,428
21.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $559,543
7.4%
Net Inventory Sales $0
Other Revenue $901,576
12.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $67,944,253
Total Liabilities $12,561,222
Net Assets $55,383,031
Compensation
Key Employees and Officers Compensation Related Other
Pam Kail (Secretary) $0 $0 $0
Doug Coy (Board Vice Chair) $0 $0 $0
Hazel Dickey (Director) $0 $0 $0
Judious Lewis (Director) $0 $0 $0
Ness Sechrest (Director) $0 $0 $0
Philip Jackson (President) $0 $109,159 $31,042
Joe Miles (Board Chair) $0 $0 $0
Bobby Caldwell (Immediate Past Chair) $0 $0 $0
Melissa Livingston (Board Liason) $0 $40,927 $17,498
Thom Beasley (Director) $0 $0 $0
Ken Bennett (Director) $0 $0 $0
Bob Earwood (Director) $0 $0 $0
Jim Gowen Jr (Director) $0 $0 $0
Roger Pohlner (Director) $0 $0 $0
Gary Pugh (Director) $0 $0 $0
Charlotte Razer (Director) $0 $0 $0
Hermand Strickland Jr (Director) $0 $0 $0
Charles Welch (Director) $0 $0 $0
Don Winton (Director) $0 $0 $0
Steve Owens (Former President & Ceo) $0 $96,184 $49,283

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,070,873
Expenses
$1,746,673
Net Income
$4,324,200
Net Assets
$52,367,319
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,590,246
75.6%
Program Services $0
Investment Income $573,714
9.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $23,275
0.4%
Net Inventory Sales $0
Other Revenue $883,638
14.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $237,328
13.6%
Assets/Debt
Total Assets $63,983,938
Total Liabilities $11,616,619
Net Assets $52,367,319
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Pam Kail (Secretary) $0 $0 $0
Doug Coy (Board Vice Chair) $0 $0 $0
Hazel Dickey (Director) $0 $0 $0
Judicious Lewis (Director) $0 $0 $0
Ness Sechrest (Director) $0 $0 $0
Philip Jackson (Cfo) $0 $94,740 $25,515
Joe Miles (Board Chair) $0 $0 $0
Bobby Caldwell (Immediate Past Chair) $0 $0 $0
Melissa Livingston (Board Liason) $0 $40,522 $15,648
Thom Beasley (Director) $0 $0 $0
Ken Bennett (Director) $0 $0 $0
Bob Earwood (Director) $0 $0 $0
Jim Gowen Jr (Director) $0 $0 $0
Roger Pohlner (Director) $0 $0 $0
Gary Pugh (Director) $0 $0 $0
Charlotte Razer (Director) $0 $0 $0
Hermand Strickland Jr (Director) $0 $0 $0
Charles Welch (Director) $0 $0 $0
Don Winton (Director) $0 $0 $0
Steve Owens (Past President & Ceo) $0 $160,737 $29,961

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,589,179
Expenses
$1,742,297
Net Income
$5,846,882
Net Assets
$45,569,689
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,933,830
78.2%
Program Services $0
Investment Income $893,498
11.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $18,024
0.2%
Net Inventory Sales $0
Other Revenue $743,827
9.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $248,104
14.2%
Assets/Debt
Total Assets $55,659,186
Total Liabilities $10,089,497
Net Assets $45,569,689

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,361,348
Expenses
$1,618,783
Net Income
$3,742,565
Net Assets
$40,213,098
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,564,263
66.5%
Program Services $0
Investment Income $855,074
15.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$14,878
Net Inventory Sales $0
Other Revenue $956,889
17.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $309,249
19.1%
Assets/Debt
Total Assets $49,610,857
Total Liabilities $9,397,759
Net Assets $40,213,098

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,127,449
Expenses
$1,593,997
Net Income
$3,533,452
Net Assets
$39,996,109
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,613,414
70.5%
Program Services $0
Investment Income $809,701
15.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $4,893
0.1%
Net Inventory Sales $0
Other Revenue $699,441
13.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $375,697
23.6%
Assets/Debt
Total Assets $40,289,364
Total Liabilities $293,255
Net Assets $39,996,109

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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