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Nonprofit · EIN 63-6067745

ALABAMA STATE UNIVERSITY FOUNDATION INC

Tax-exempt · MONTGOMERY, AL 36101

Financials

$5.7M$3.6M2021$6.6M$4.8M2022$8.1M$7.3M2023$8.7M$7.2M2024
Revenue Expenses · by fiscal year end
Financials of ALABAMA STATE UNIVERSITY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$8,697,434$7,245,793$1,451,641$12,894,138$9,457$12,884,681
December 31, 2023990 (amended)$8,141,031$7,334,715$806,316$11,195,677$90,275$11,105,402
December 31, 2022990$6,628,190$4,752,577$1,875,613$10,391,471$155,248$10,236,223
December 31, 2021990$5,700,477$3,570,277$2,130,200$9,048,148$180,256$8,867,892
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$8,217,820
Program service revenue
$0
Investment income
$479,614
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Travel
$619,387
Program services (functional)
$6,812,985
Management and general (functional)
$432,808

Balance sheet and other

Total assets, start of year
$11,195,677
Total assets, end of year
$12,894,138
Total liabilities, end of year
$9,457
Net assets, end of year
$12,884,681
Publicly traded securities
$3,471,190
Net assets without donor restrictions
$2,291,848
Net assets with donor restrictions
$10,592,833
Gross receipts
$8,697,434
Employees
0

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
COL GREG CLARKEXECUTIVE DI
Trustee or director, Officer
–$0
ANTWON HARDWICKCHAIR
Trustee or director, Officer
–$0
JENNIFER K BROWNVICE CHAIR
Trustee or director, Officer
–$0
JIMMY MORRIS JRSECRETARY
Trustee or director, Officer
–$0
NORMAN CARMICHAELTREASURER
Trustee or director, Officer
–$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
COL GREG CLARKEXECUTIVE DI
Trustee or director, Officer
–$0
ANTWON HARDWICKCHAIR
Trustee or director, Officer
–$0
JENNIFER K BROWNVICE CHAIR
Trustee or director, Officer
–$0
JIMMY MORRIS JRSECRETARY
Trustee or director, Officer
–$0
NORMAN CARMICHAELTREASURER
Trustee or director, Officer
–$0
990 for the year ended December 31, 2022: 6 people
NameTitleHours / weekCompensationFrom related orgs
JENNIFER S ANDERSONEXECUTIVE DI
Trustee or director, Officer
10$0$20,000
COL GREG CLARKEXECUTIVE DI
Trustee or director, Officer
10$0$8,333
CEDRIC MOORECHAIR
Trustee or director, Officer
–$0$0
ANTWON HARDWICKVICE CHAIR
Trustee or director, Officer
–$0$0
PAMELA HILLTREASURER
Trustee or director, Officer
–$0$0
LINDSAY HARDENSECRETARY
Trustee or director, Officer
–$0$0
990 for the year ended December 31, 2021: 5 people
NameTitleHours / weekCompensation
JENNIFER S ANDERSONEXECUTIVE DI
Trustee or director, Officer
40$20,000
LINDSAY HARDENSECRETARY
Trustee or director, Officer
–$0
ANTWON HARDWICKVICE CHAIR
Trustee or director, Officer
–$0
PAMELA HILLTREASURER
Trustee or director, Officer
–$0
CEDRIC MOORECHAIR
Trustee or director, Officer
–$0

Address and contacts

Address (IRS master file)
PO BOX 1046, MONTGOMERY, AL 36101-1046
Principal officer (990 for 2024)
COL GREG CLARK, PO BOX 1046, MONTGOMERY, AL 36101
Signed the 990
COL GREG CLARK, EXECUTIVE DIRECTOR
Phone
(334) 229-4772
Return prepared by
GRAYSON ACCOUNTING & CONSULTING PA

Mission

THE MISSION OF THE ALABAMA STATE UNIVERSITY FOUNDATION, INC. IS TO PERPETUATE A VIABLE ORGANIZATION THAT WILL SUPPORT THE EDUCATIONAL NEEDS AND GOALS OF ALABAMA STATE UNIVERSITY, ITS FACULTY, AND STUDENTS VIA RESPONSIBLE MANAGEMENT OF FINANCIALS PROGRAMS.

990 for the year ended December 31, 2024

Program accomplishments

  • UNIVERSITY SUPPORT
    Expenses $4,762,183
  • ATHLETIC SUPPORT
    Expenses $2,050,802

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
63-6067745
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1968
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$12,894,138
Income (IRS master file)
$8,697,434

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$8,697,434$7,245,793$12,894,138XML
990December 2023$8,538,077$7,316,995$11,609,670XML
990December 2022$6,628,190$4,752,577$10,391,471XML
990December 2021$5,700,477$3,570,277$9,048,148XML
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 63-6067745).

Questions about ALABAMA STATE UNIVERSITY FOUNDATION INC

What is the EIN of ALABAMA STATE UNIVERSITY FOUNDATION INC?
The employer identification number (EIN) of ALABAMA STATE UNIVERSITY FOUNDATION INC is 63-6067745.
Is ALABAMA STATE UNIVERSITY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1968.
Are donations to ALABAMA STATE UNIVERSITY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ALABAMA STATE UNIVERSITY FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ALABAMA STATE UNIVERSITY FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ALABAMA STATE UNIVERSITY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ALABAMA STATE UNIVERSITY FOUNDATION INC?
The 990 for the year ended December 31, 2024 names COL GREG CLARK.
Who are the officers and directors of ALABAMA STATE UNIVERSITY FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does ALABAMA STATE UNIVERSITY FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $8,697,434, expenses of $7,245,793 and total assets of $12,894,138 at year end.

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