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FAYETTEVILLE STATE UNIVERSITY FOUNDATION

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Public IRS 990 nonprofit record

FAYETTEVILLE STATE UNIVERSITY FOUNDATION

EIN 23-7029901 · Education (B43I)

What they do

to RAISE and DISBURSE FUNDS for PROGRAMS THAT WILL FURTHER THE EDUCATIONAL PURPOSES of FAYETTEVILLE STATE UNIVERSITY.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $93.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders28 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

95.41%of revenue went to mission work93.4% of expenses · Program services
$102.14spent for every $100 of revenueSpending was higher than revenue this year.
6.73%of revenue went to management and office costs6.6% of expenses
$8.60in assets for every $1 spent this yearSome assets cannot be spent right away.
45.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $65,968 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,081,192
Mission workProgram services$2,939,84295.41% of revenue93.4% of expenses
ManagementOffice and general costs$207,3186.73% of revenue6.6% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$3,147,160102.14% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 93.4% mission · 6.6% management · 0.0% fundraisingTotal expenses: 102.14% of revenue
2023Expense mix: 94.1% mission · 5.9% management · 0.0% fundraisingTotal expenses: 85.47% of revenue
2022Expense mix: 99.5% mission · 0.5% management · 0.0% fundraisingTotal expenses: 94.56% of revenue
2021Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 62.12% of revenue
2020Expense mix: 74.6% mission · 25.4% management · 0.0% fundraisingTotal expenses: 82.79% of revenue
2019Expense mix: 84.8% mission · 15.2% management · 0.0% fundraisingTotal expenses: 97.01% of revenue
2018Expense mix: 96.7% mission · 3.3% management · 0.0% fundraisingTotal expenses: 96.12% of revenue
2017Expense mix: 96.7% mission · 1.8% management · 1.5% fundraisingTotal expenses: 86.51% of revenue

Money in and money out

Revenue$3,081,192
Expenses$3,147,160
Annual shortfall $65,968 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,939,842 · 93.4% of expenses
Management and office costs$207,318 · 6.6% of expenses
See all reported dollar amounts
Revenue$3,081,192
Expenses$3,147,160
Assets$27,056,577
Income$3,081,192
Contributions$1,397,322
Mission work (program services)$2,939,842
Grants given$7,764,282
Average grant$1,109,183
Management and general$207,318
Stocks and bonds$15,709,376
Accounting fees$14,061
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (28)

MR KENNY SPAYDDIRECTOR

MS LINDA COLEYDIRECTOR

MS LATOYA HARPERDIRECTOR

MRS VEDAS NEALSECRETARY

MRS ROBIN BODDIE-HAGGINSDIRECTOR

MRS OLIVIA D CHAVISDIRECTOR

MRS MONICA CARSON SHERIFFDIRECTOR

MR THEODORE DEBOSEDIRECTOR

MR RAYMOND PRIVOTTDIRECTOR

MR QUDERRICK COVINGTONDIRECTOR

MR OMAR BELLEXECUTIVE DIRECTOR

MR OCIE STROUD-MELVINDIRECTOR

MR MAYNARD SMITHDIRECTOR

MR KEVIN WESTERDIRECTOR

DR CATHY WADDELLDIRECTOR

MR JOHN BEN BROWNCHAIR

MR JERMAINE PITTMANDIRECTOR

MR JERMAINE COBLEVICE CHAIR

MR JARED J JAMESDIRECTOR

MR ERNEST SMITHDIRECTOR

MR DARRELL T ALLISONDIRECTOR

MR CLANTON JOHNSONDIRECTOR

MR CHRISTOPHER G DAVISDIRECTOR

DR RICHARD D KINGSBERRYDIRECTOR

DR REGINALD A WELLSDIRECTOR

DR MONICA LEACHDIRECTOR

DR KIMBERLY JEFFRIES LEONARDDIRECTOR

DR JOHN GODBOLTDIRECTOR

About this charity

Recognized since
January 1911
Location
1200 MURCHISON ROAD, FAYETTEVILLE, NC 283014252
County
Cumberland
In care of
MR JERMAINE COBLE
Primary officer
MR JERMAINE COBLE, CHAIR

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
SHARPE PATEL CPA
NTEE classification
Education (B43I)
IRS tax category
Other Grantmaking and Giving Services
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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