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Nonprofit · EIN 23-7061115

JACKSON STATE UNIVERSITY DEVELOPMENT FOUNDATION INC

Tax-exempt · JACKSON, MS 39217

Financials

$17.9M$11.4M2022$15.3M$8.2M2023$12.1M$12.6M2024
Revenue Expenses · by fiscal year end
Financials of JACKSON STATE UNIVERSITY DEVELOPMENT FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$12,131,323$12,604,063-$472,740$57,851,710$4,094,223$53,757,487
June 30, 2024990$15,263,926$8,223,758$7,040,168$65,747,054$11,827,583$53,919,471
June 30, 2023990$17,890,350$11,367,617$6,522,733$53,451,370$6,128,500$47,322,870
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$6,094,377
Program service revenue
$0
Investment income
$4,094,580
Net gain from sales of assets
$2,665,591
Net income from fundraising events
$50,249
Other revenue
$1,942,366

Expenses

Grants and similar amounts paid
$2,701,000
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$96,832
Professional fundraising fees
$0
Legal fees
$142,344
Accounting fees
$79,075
Occupancy
$4,173
Travel
$730,093
Program services (functional)
$3,133,172
Management and general (functional)
$9,470,891

Balance sheet and other

Total assets, start of year
$65,747,054
Total assets, end of year
$57,851,710
Total liabilities, end of year
$4,094,223
Net assets, end of year
$53,757,487
Land, buildings and equipment
$835,770
Publicly traded securities
$51,757,207
Net assets without donor restrictions
$2,707,105
Net assets with donor restrictions
$51,050,382
Gross receipts
$12,305,512
Employees
0
Volunteers
24
State of legal domicile
MS

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Guyna JohnsonBoard Chair
Trustee or director
2$0
Reginald DevaulViceBoard Chair
Trustee or director
5$0
Major General Reuben JonesParliamentarian
Trustee or director
5$0
Antoine AndersonTreasurer
Trustee or director
5$0
Kimberly Wash MurphyMember
Trustee or director
2$0
Rhea Williams Bishop PhDMember
Trustee or director
2$0
Tarita DavisMember
Trustee or director
2$0
Brig General Donna WilliamsMember
Trustee or director
2$0
Dr Lasonya Harris-HallSecretary
Trustee or director
5$0
Joyce Wade - Hamme MDMember
Trustee or director
2$0
Rev Kevin Murriel PhDMember
Trustee or director
2$0
Lemia Jenkins Thompson PhDMember
Trustee or director
5$0
Ashley Wicks JDMember
Trustee or director
2$0
Ashley VarnadoMember
Trustee or director
2$0
Jason Dean PhDMember
Trustee or director
2$0
990 for the year ended June 30, 2024: 17 people
NameTitleHours / weekCompensation
GUYNA JOHNSONBOARD CHAIR
Trustee or director, Key employee
5$0
REGINALD DEVAUVICE CHAIR
Trustee or director, Key employee
5$0
DEREK POLKTREASURER
Trustee or director, Key employee
5$0
ROBERT KELLYSECRETARY
Trustee or director, Key employee
5$0
REUBEN JONESPARLIAMENTARIA
Trustee or director, Key employee
5$0
ANTOINE ANDERSMEMBER
Trustee or director
2$0
KIMBERLY BLASIMEMBER
Trustee or director
2$0
RHEA BISHOPMEMBER
Trustee or director
2$0
TARITA DAVISMEMBER
Trustee or director
2$0
JASON DEANMEMBER
Trustee or director
2$0
LASONYA HALLMEMBER
Trustee or director
2$0
JOYCE WADEMEMBER
Trustee or director
2$0
REV KEVIN MURRMEMBER
Trustee or director
2$0
LEMIA JENKINSMEMBER
Trustee or director
2$0
ASHLEY WICKSMEMBER
Trustee or director
2$0
BRIGADIER GENEMEMBER
Trustee or director
2$0
ASHLEY VARNADOMEMBER
Trustee or director
2$0
990 for the year ended June 30, 2023: 25 people
NameTitleHours / weekCompensation
ALVENO CASTILLMEMBER
Trustee or director
1$0
REGINALD DEVAUMEMBER
Trustee or director
1$0
BRIAN CREARMEMBER
Trustee or director
1$0
DEBRA MCGEEMEMBER
Trustee or director
1$0
STANLEY SIMSMEMBER
Trustee or director
1$0
DARRYL PILATEMEMBER
Trustee or director
1$0
DEREK POLKMEMBER
Trustee or director
1$0
BRIAN JOHNSONMEMBER
Trustee or director
1$0
HOWARD CATCHINMEMBER
Trustee or director
1$0
ROBERT KELLYMEMBER
Trustee or director
1$0
LEROY WALKERMEMBER
Trustee or director
1$0
GUYNA JOHNSONMEMBER
Trustee or director
1$0
GREG THOMPSONMEMBER
Trustee or director
1$0
ROSELLA HOUSTOMEMBER
Trustee or director
1$0
THOMAS HUDSONEX-OFFICIO
Institutional trustee
1$0
HOWARD BROWNEX OFFICIO
Institutional trustee
1$0
KEILANI VANISHEX OFFICIO
Institutional trustee
1$0
ASHLEY ROBINSOEX OFFICIO
Institutional trustee
1$0
JEROME TINKEREX OFFICIO
Institutional trustee
1$0
AYANNA ADAMSMEMBER
Institutional trustee
1$0
SOPHIA WILLIAMMEMBER
Institutional trustee
1$0
MAGGARET WALKEMEMBER
Institutional trustee
1$0
MILTON CHAMBLIMEMBER
Trustee or director
1$0
ROBERT SMITHMEMBER
Trustee or director
1$0
GWEN CAPLESEX OFFICIO
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
PO BOX 17144, JACKSON, MS 39217-0001
Principal officer (990 for 2024)
Sloan Devereaux Cargill
Signed the 990
Sloan Devereaux Cargill, Executive Director
Return prepared by
WatsonRice LLP

Mission

To provide financial support to the JSU academic programs, student scholarships as well as general university support.

990 for the year ended June 30, 2025

Program accomplishments

  • Supported the University with general, academic and student services
    Expenses $3,133,172 · grants $2,701,000

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
23-7061115
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1970
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B42Z)
Assets (IRS master file)
$57,851,710
Income (IRS master file)
$12,305,512

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$12,131,323$12,604,063$57,851,710IRS
990June 2024$15,263,926$8,223,758$65,747,054IRS
990June 2023$17,890,350$11,367,617$53,451,370XML
990June 2022$12,920,663$10,030,589$53,301,060IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––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 23-7061115).

Questions about JACKSON STATE UNIVERSITY DEVELOPMENT FOUNDATION INC

What is the EIN of JACKSON STATE UNIVERSITY DEVELOPMENT FOUNDATION INC?
The employer identification number (EIN) of JACKSON STATE UNIVERSITY DEVELOPMENT FOUNDATION INC is 23-7061115.
Is JACKSON STATE UNIVERSITY DEVELOPMENT FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
Are donations to JACKSON STATE UNIVERSITY DEVELOPMENT FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does JACKSON STATE UNIVERSITY DEVELOPMENT 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 JACKSON STATE UNIVERSITY DEVELOPMENT FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did JACKSON STATE UNIVERSITY DEVELOPMENT FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of JACKSON STATE UNIVERSITY DEVELOPMENT FOUNDATION INC?
The 990 for the year ended June 30, 2025 names Sloan Devereaux Cargill.
Who are the officers and directors of JACKSON STATE UNIVERSITY DEVELOPMENT FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 15 people; 0 received compensation from the organization.
How much revenue does JACKSON STATE UNIVERSITY DEVELOPMENT FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $12,131,323, expenses of $12,604,063 and total assets of $57,851,710 at year end.

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