Armstrong Foundation of Georgia Southern University Inc

Nonprofit profile at a glance

EIN
581577237
IRS 990 coverage
2012–2019
Forms available
Form 990 2019
Location
Statesboro, GA, USA
Phone
9124785253
Rating confidence
Limited

Reported finances

Revenue
$0
Expenses
$0
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

18 people listed

Executive titles in this filing

  • MR KYLE MARRERO (PRESIDENT)
  • MR WILLIAM P KELSO (EXECUTIVE VICE PRESIDENT)

People named in this filing

  • MR KYLE MARRERO (PRESIDENT)
  • MR MICHAEL F KEMP (CHAIRMAN)
  • MR CARLTON HODGES (VICE CHAIR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Armstrong state university foundation, inc ("foundation') raises funds to support student scholarships and the scientific, literary, and educational purposes of armstrong state university.effective july 1, 2019, the foundation was merged with and into Georgia southern university foundation, inc., which shall be the surviving corporation, and the foundation will cease to exist as a separate entity.

What it reported doing in 2019

Armstrong foundation of Georgia southern university, inc. ("foundation") provided scholarships and other assistance to 428 students. The students receiving scholarships are selected by a scholarship committee comprised of Georgia southern faculty and staff. In addition, the foundation provided the university with funds for faculty salary supplements, laboratory supplies/equipment and operating programs.effective july 1, 2019, the foundation was merged with and into Georgia southern university foundation, inc., which shall be the surviving corporation, and the foundation will cease to exist as a separate entity.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 84
  • Accountability: 30
  • Sustainability: NotEnoughData
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 24th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: Limited
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -26.6% per year; rating input score 0; 17th percentile among comparable filings
  • Revenue growth: -4.1% per year; rating input score 0; 49th percentile among comparable filings
  • Asset growth: -3.6% per year; rating input score 0; 28th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 18 people listed
  • Consistency: 11 of 12 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules
  • Filing history: 6 filing years from 2012 to 2019
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.