2026-05-13T13:49:21+00:00 2025-06-30 135381590 BDO USA 421 FAYETTEVILLE ST STE 300 RALEIGH NC 276011776 990 2024-07-01 560623936 UNIVERSITY OF MOUNT OLIVE INC UNIV 9196582502 634 HENDERSON STREET MOUNT OLIVE NC 28365 EDWARD CROOM PRESIDENT 9196582502 2026-05-13 true SANDRA L FEINSMITH P01064157 9197549370 2026-05-13 2024 2025-03-06 01:10:19Z EDWARD CROOM 634 HENDERSON STREET MOUNT OLIVE NC 28365 67225285 false X WWW.UMO.EDU X 1951 NC CHRISTIAN FAITH-BASED, VALUES-CENTERED PRIVATE HIGHER EDUCATION INSTITUTION ROOTED IN THE LIBERAL ARTS TRADITION. STUDENT EDUCATION AND RELATED SERVICES FOR APPROXIMATELY 5,000 STUDENTS, AUXILIARY ENTERPRISES, OPERATION OF PLANT, FOOD SERVICES, ATHLETICS AND STUDENT HOUSING. 28 28 600 215 0 0 5711966 12530981 43362177 45189116 1625115 3002522 -82281 -48412 50616977 60674207 12746030 13530222 0 0 17992759 18149446 0 0 864409 18279091 18912764 49017880 50592432 1599097 10081775 101622452 114375113 18193098 16528407 83429354 97846706 UNIVERSITY OF MOUNT OLIVE, INC. IS A CHRISTIAN FAITH-BASED, VALUES CENTERED PRIVATE INSTITUTION ROOTED IN THE LIBERAL ARTS TRADITION. WE SERVE OUR STUDENTS, OUR FOUNDING CHURCH, AND OUR COMMUNITIES. false false 39493199 13530222 45189116 CHRISTIAN FAITH-BASED, VALUES-CENTERED PRIVATE HIGHER EDUCATION INSTITUTION ROOTED IN THE LIBERAL ARTS TRADITION. 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TILLMAN SCHOOL OF BUSINESS 50.0 0.0 X 127024 0 43572 TWYLA WELLS VP, UNIVERSITY ADVANCEMENT 50.0 1.0 X 126194 0 952 W DAN SULLIVAN SVP STUDENT AFFAIRS 50.0 0.0 X 147412 0 27699 1265106 0 141862 20 false true false SODEXO INC & AFFILIATES PO BOX 360170 PITTSBURGH PA 152516170 FOOD SERVICES 3173778 ACCENTURE LLP PO BOX 70629 CHICAGO IL 606730629 ADVERTISING 608081 HIGH STANDARD CLEANING PO BOX 1024 GOLDSBORO NC 27533 CLEANING SERVICES 502488 THE RADIO WERKS LLC PO BOX 1214 NEW BERN NC 28563 ADVERTISING 346509 JENZABAR PO BOX 845588 BOSTON MA 022845588 ACCOUNTING SOFTWARE 320052 18 0 0 217936 0 683101 11629944 813176 12530981 STUDENT TUITION AND FEES 611310 37394705 37394705 AUXILIARY ENTERPRISES 611310 7024951 7024951 OTHER PROGRAM INCOME 611310 476363 476363 FLIGHT SCHOOL 611512 293097 293097 0 0 0 0 45189116 2465145 2465145 0 0 6895573 144470 6289066 213600 606507 -69130 537377 537377 0 217936 48412 -48412 -48412 0 0 0 0 0 60674207 45189116 0 2954110 0 0 13530222 13530222 0 0 0 0 1313809 443081 742628 128100 0 0 0 0 13851425 11413090 2182193 256142 0 0 0 0 2984212 2412248 514330 57634 0 0 0 0 0 0 0 0 12439 0 12439 0 191966 0 191966 0 0 0 0 0 0 0 125563 0 125563 0 2125530 973759 1031975 119796 1262779 1116801 81020 64958 592326 418301 120607 53418 1126931 219933 852267 54731 0 0 0 0 1010692 14632 996060 0 1048153 833920 199838 14395 0 0 0 0 78673 58689 18044 1940 247054 5973 241081 0 0 0 0 0 2147339 1481664 614139 51536 493783 32437 461346 0 FOOD SERVICES 2552674 2552674 0 0 MAINTENANCE & REPAIRS 1117029 800703 300336 15990 UTILITIES 1189268 974088 198561 16619 BAD DEBT 1000000 0 1000000 0 2590565 2210984 350431 29150 50592432 39493199 10234824 864409 109 109 20741802 25164522 492229 455913 2341694 1196402 0 0 0 0 0 0 0 0 494068 726557 66389997 39208315 27429302 27181682 17510274 22688523 22505288 25804244 0 0 0 10107686 11157161 101622452 114375113 3063055 2960657 0 0 9831083 8905732 0 0 0 0 0 0 3896102 3711283 0 0 1402858 950735 18193098 16528407 X 23837376 27194253 59591978 70652453 83429354 97846706 101622452 114375113 X 10081775 3713816 0 0 0 621761 X X false true true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4800 272974 X X X false 42329389 5504440 7036288 2535660 52334457 35177157 725348 8773448 2346564 42329389 29148917 2170489 5891518 2033767 35177157 32954472 401680 -2529925 1677310 29148917 25698080 763531 7424829 931968 32954472 0.0 0.59 0.41 false false 1263237 1263237 42505969 21513696 20992273 19629363 15648451 3980912 2991428 2046168 945260 27181682 16694920 F Closely-held equity interests 16694920 F Financial derivatives Nonexchange traded stock 9109324 F 25804244 INTEREST IN PERPETUAL TRUSTS 9178267 CASH VALUE OF LIFE INSURANCE 45766 OTHER ASSETS 1933128 11157161 0 Federal Income Taxes 0 CAPITAL LEASE OBLIGATIONS 691194 OBLIGATIONS UNDER SPLIT INTEREST AGREEMENT 210656 DEPOSITS 48885 950735 X 0 0 0 0 0 0 0 0 0 0 0 0 Schedule D, Part III, Line 4 Collections of art - description of collections GEMSTONES AND ARTWORK ARE MAINTAINED FOR STUDY BY STUDENTS. Schedule D, Part V, Line 4 Intended uses of endowment funds ENDOWMENT FUNDS ARE USED TO FUND SCHOLARSHIPS AND SUPPORT INSTRUCTION AND OTHER GENERAL INSTITUTIONAL NEEDS. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote MANAGEMENT EVALUATED THE UNIVERSITY'S TAX POSITIONS AND CONCLUDED THAT THE UNIVERSITY HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE INCOME TAXES (TOPIC 740) OF THE FASB ASC. true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY THE POLICY IS INCLUDED ON THE APPLICATION (PAPER AND WEB VERSION), THE CATALOG, AND ON THE WEBSITE - ADMISSIONS AND FUTURE STUDENTS LANDING PAGES AND EMPLOYMENT PAGE. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT THE UNIVERSITY OF MOUNT OLIVE STUDENTS RECEIVE A VARIETY OF FEDERAL AND STATE GRANTS AND LOANS, INCLUDING FEDERAL WORK-STUDY, FEDERAL PELL GRANTS, NC NEED-BASED SCHOLARSHIPS, AND NC GOLDEN LEAF FOUNDATION SCHOLARSHIPS. Homecoming/Fall Festival 126316 126316 0 37183 Jason Crabb 91620 91620 0 11229 0 217936 217936 0 48412 48412 -48412 true Student Financial Aid 1041 13174928 Student Grants 386 355294 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds THE DIRECTOR OF FINANCIAL AID'S OFFICE MAINTAINS ALL DOCUMENTATION TO SUPPORT THAT THE AWARDED STUDENTS HAVE SATISFIED THE ELIGIBILITY REQUIREMENTS FOR THE VARIOUS GRANTS PROVIDED TO THE UNIVERSITY FOR STUDENTS. CRITERIA FOR AWARDING ANY GRANTS IS ALSO MAINTAINED BY THE DIRECTOR OF FINANCIAL AID'S OFFICE AND IS APPROVED BY THE VP OF ENROLLMENT. X true true X X X false false false false false false false false false KENNETH BUCHANAN CFO/SVP BUSINESS & FINANCE 191789 0 0 0 0 0 32442 0 12445 0 236676 0 0 0 DR EDWARD CROOM PRESIDENT 350004 0 0 0 0 0 0 0 0 0 350004 0 0 0 KATHY BEST DEAN - TILLMAN SCHOOL OF BUSINESS 127024 0 0 0 0 0 31850 0 11722 0 170596 0 0 0 ELIZABETH CARRERE VP, INSTITUTIONAL EFFECTIVENESS 147512 0 0 0 0 0 8850 0 1126 0 157488 0 0 0 W DAN SULLIVAN SVP STUDENT AFFAIRS 147412 0 0 0 0 0 16226 0 11473 0 175111 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use THE PRESIDENT OF THE UNIVERSITY IS CONTRACTUALLY OBLIGATED TO LIVE IN HOUSING ADJACENT TO THE UNIVERSITY. SUCH HOUSING IS FOR THE CONVENIENCE OF THE UNIVERSITY; ACCORDINGLY THERE ARE MULTIPLE FUNCTIONS HELD AT THE PRESIDENT'S HOME ANNUALLY. HOUSING VALUE IS APPROXIMATELY $20,000 ANNUALLY AND IS NOT TAXABLE COMPENSATION TO THE PRESIDENT. 1 4800 Market value 10 775794 Market value X COMBINE 1 28600 Market value X HOMECOMING SIGNAGE 1 3142 Market value X LUNCH FOR ATHLETIC DEPT. 1 840 Market value 8 false true false Schedule M, Part I COLUMN B THE NUMBER IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. Form 990, Part VI, Line 15 PROCESS TO ESTABLISH COMPENSATION COMPENSATION FOR THE PRESIDENT, VP OF INSTITUTIONAL ADVANCEMENT, AND VP FINANCE AND ADMINISTRATION REQUIRE THE USE OF A COMPENSATION COMMITTEE, INDEPENDENT CONSULTANT, COMPENSATION SURVEY, OR BOARD/COMMITTEE APPROVAL. DECISION PROCESS AND OUTCOME ARE DOCUMENTED. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS REVIEWED BY THE CONTROLLER & CFO PRIOR TO PROVIDING A COPY TO THE UNIVERSITY BOARD MEMBERS. THE FORM IS DISTRIBUTED TO THE BOARD MEMBERS PRIOR TO A SCHEDULED MEETING DURING WHICH THE FORM IS APPROVED. Form 990, Part VI, Line 12c Conflict of interest policy THE CONFLICT OF INTEREST POLICY UNDERGOES CONSTANT REVIEW, ANY CONFLICTS ARE DISCLOSED. Form 990, Part VI, Line 19 Required documents available to the public FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). Form 990, Part VII, Section A COLUMN F THE ORGANIZATION, IN A FULL TRANSPARENCY POSTURE TO REPORTING, IS REPORTING ALL BENEFITS IN FULL IN COLUMN F, PART VII AND IS NOT APPLYING THE $10,000 PER ITEM EXCEPTION FOR CERTAIN BENEFITS. Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN TRUST VALUE - 621761; Total - 621761; Form 990, Part XII, Line 2c Change of oversight process or selection process THE REVIEW AND OVERSIGHT PROCESS HAS NOT CHANGED SINCE THE PRECEDING YEAR. TROJAN AVIATION LLC 634 HENDERSON STREET MOUNT OLIVE NC 28365 MAINTAIN AIRCRAFT AND MANAGE THE UNIVERSITY'S FLIGHT SCHOOL NC 293097 576789 UNIVERSITY OF MOUNT OLIVE THE UNIVERSITY OF MOUNT OLIVE FOUNDATION 634 HENDERSON STREET MOUNT OLIVE NC 28365 200371529 SEE PART VII NC 501(c)(3) Type II UNIVERSITY OF MOUNT OLIVE true false false false false false false false false false false true false false true true false false false false THE UNIVERSITY OF MOUNT OLIVE FOUNDATION K 948660 FMV Schedule R, Part II, Column (b) PRIMARY ACTIVITY NAME: THE UNIVERSITY OF MOUNT OLIVE FOUNDATION PRIMARY ACTIVITY: TO SEEK ALTERNATIVE SOURCES OF SUPPORT TO STRENGTHEN THE UNIVERSITY OF MOUNT OLIVE'S OUTREACH TO STUDENTS AND THE COMMUNITY.