ARCADIA UNIVERSITY: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
ARCADIA UNIVERSITY (EIN 23-1352620)
Tax period
2023-06-01 to 2024-05-31
Filed
2025-04-14
IRS object ID
202521049349300822
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-04-14T14:11:58-05:00ReturnTs
Tax Period End2024-05-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN390859910PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BAKER TILLY ADVISORY GROUP LPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11570 FRUITVILLE PIKE SUITE 400AddressLine1Txt
CityLANCASTERCityNm
State AbbreviationPAStateAbbreviationCd
ZIP17601ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-06-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN231352620EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ARCADIA UNIVERSITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlARCABusinessNameControlTxt
Phone2155722900PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1450 S EASTON ROADAddressLine1Txt
CityGLENSIDECityNm
State AbbreviationPAStateAbbreviationCd
ZIP19038ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOAN SINGLETON CFOPersonNm
Person TitleCFOPersonTitleTxt
Phone2155722900PhoneNum
Signature2025-04-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKERRI N BOGDA CPAPreparerPersonNm
PTINP00760402PTIN
Phone7177404863PhoneNum
Preparation2025-04-03PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJOAN SINGLETONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1450 S EASTON ROADAddressLine1Txt
CityGLENSIDECityNm
State AbbreviationPAStateAbbreviationCd
ZIP19038ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$185,993,000GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ARCADIA.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1853FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionARCADIA UNIVERSITY PROVIDES A DISTINCTIVELY GLOBAL, INTEGRATIVE, AND PERSONAL LEARNING EXPERIENCE FOR INTELLECTUALLY CURIOUS UNDERGRADUATE AND GRADUATE STUDENTS IN PREPARATION FOR A LIFE OF SCHOLARSHIP, SERVICE, AND PROFESSIONAL CONTRIBUTION.ActivityOrMissionDesc
Voting Members Governing Body18VotingMembersGoverningBodyCnt
Voting Members Independent17VotingMembersIndependentCnt
Total Employee970TotalEmployeeCnt
Total Volunteers800TotalVolunteersCnt
Total Gross UBI$40,254TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$34,416NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$5,690,000PYContributionsGrantsAmt
CY Contributions Grants$5,338,000CYContributionsGrantsAmt
PY Program Service Revenue$145,646,000PYProgramServiceRevenueAmt
CY Program Service Revenue$155,175,000CYProgramServiceRevenueAmt
PY Investment Income$3,123,000PYInvestmentIncomeAmt
CY Investment Income$3,082,000CYInvestmentIncomeAmt
PY Other Revenue$916,000PYOtherRevenueAmt
CY Other Revenue$825,000CYOtherRevenueAmt
PY Total Revenue$155,375,000PYTotalRevenueAmt
CY Total Revenue$164,420,000CYTotalRevenueAmt
PY Grants And Similar Paid$45,686,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$45,587,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$55,757,000PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$57,235,000CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$1,506,000CYTotalFundraisingExpenseAmt
PY Other Expenses$60,090,000PYOtherExpensesAmt
CY Other Expenses$67,665,000CYOtherExpensesAmt
PY Total Expenses$161,533,000PYTotalExpensesAmt
CY Total Expenses$170,487,000CYTotalExpensesAmt
PY Revenues Less Expenses-$6,158,000PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$6,067,000CYRevenuesLessExpensesAmt
Total Assets BOY$238,015,000TotalAssetsBOYAmt
Total Assets EOY$242,566,000TotalAssetsEOYAmt
Total Liabilities BOY$97,177,000TotalLiabilitiesBOYAmt
Total Liabilities EOY$102,450,000TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$140,838,000NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$140,116,000NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionARCADIA UNIVERSITY'S PIONEERING, GLOBAL, INTEGRATED, LIBERAL ARTS, AND PROFESSIONAL LEARNING EXPERIENCE CULTIVATES LEADERS WHO ARE INTELLECTUALLY FEARLESS AND UNIQUELY PREPARED FOR LIFE AND WORK. OUR HIGHLY REGARDED, VALUES-BASED LEARNING COMMUNITY REFLECTS THE WORLD IN WHICH WE WANT TO LIVE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$93,745,000ExpenseAmt
Grant$40,983,000GrantAmt
Revenue$101,983,000RevenueAmt
DescARCADIA UNIVERSITY OFFERS A HIGH-QUALITY LIBERAL ARTS EDUCATION. STUDENTS CHOOSE FROM OVER 65 MAJOR FIELDS OF STUDY IN THE SCIENCES, HEALTH SCIENCES, EDUCATION, ARTS AND HUMANITIES, AND BUSINESS EARNING THEIR BACHELOR'S, MASTER'S, PROFESSIONAL CERTIFICATES, AND DOCTORAL DEGREES. 99% OF ARCADIA'S FULL-TIME UNDERGRADUATE STUDENTS RECEIVE FINANCIAL ASSISTANCE IN THE FORM OF GRANTS AND SCHOLARSHIPS. ARCADIA ALSO OFFERS STUDENTS ACADEMIC SUPPORT PROGRAMS, INCLUDING THE GATEWAY TO SUCCESS PROGRAM, WHICH INCLUDES ACT101 SERVICES FOR PA RESIDENTS WHO QUALIFY. STUDENTS RECEIVE PERSONAL ATTENTION AND RESOURCES THROUGHOUT THE ACADEMIC YEAR TO HELP THEM SUCCEED.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$35,569,000ExpenseAmt
Grant$759,000GrantAmt
Revenue$40,315,000RevenueAmt
DescARCADIANS ARE DRIVEN TO SEEK, EXPERIENCE, AND UNDERSTAND BROAD AND VARIED PERSPECTIVES, PREPARING THEM TO THRIVE IN AN INTERCONNECTED WORLD. ARCADIA UNIVERSITY IS DISTINCT IN THAT OUR UNDERGRADUATE AND GRADUATE STUDENTS ENGAGE IN REAL-WORLD LEARNING OPPORTUNITIES, INCLUDING INTERNSHIPS, EVIDENCE-BASED RESEARCH, SERVICE LEARNING, MULTI-DISCIPLINARY AND EXPERENTIAL LEARNING THAT EXPANDS BEYOND THE CLASSROOM. THE ARCADIA UNDERGRADUATE CURICULUM (AUC) ENSURES IMMERSION WITH GLOBAL ISSUES THROUGH STUDY ABROAD OR DOMESTIC PROGRAMMING. ARCADIA CONTINUES TO RANK NATIONALLY FOR STUDY ABROAD PARTICIPATION AND PROVIDES ONE OF THE MOST EXTENSIVE UNIVERSITY STUDY ABROAD PROGRAMS IN THE NATION. OUR GLOBAL PROGRAMS CONTINUE TO EDUCATE OVER 3,000 UNDERGRADUATE STUDENTS FROM U.S. INSTITUTIONS EVERY YEAR.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$11,730,000ExpenseAmt
Grant$3,845,000GrantAmt
Revenue$12,877,000RevenueAmt
DescWE BELIEVE THAT LIVING IN CLOSE PROXIMITY TO PEOPLE FROM DIFFERENT BACKGROUNDS IS A CRITICALLY IMPORTANT WAY FOR STUDENTS TO LEARN IMPORTANT LIFE SKILLS, AND WE TREAT RESIDENTIAL LIFE AS AN IMPORTANT OPPORTUNITY FOR LEARNING. OUR DESIRE IS TO ENSURE THAT STUDENTS' LIVING ARRANGEMENTS SUPPORT AND ENHANCE THEIR EDUCATIONAL WORK AND GOALS. WHILE OUR PRIMARY GOAL IS TO PROVIDE SAFE LIVING ENVIRONMENTS CONDUCIVE TO STUDY AND ACADEMIC SUCCESS, WE ENCOURAGE AND SUPPORT THE DEVELOPMENT OF THE FOLLOWING CORE COMPETENCIES IN OUR STUDENTS: DIVERSITY AND INCLUSION; GLOBAL PERSPECTIVES; CIVIC ENGAGEMENT; CITIZENSHIP; SELF-ADVOCACY; PROBLEM-SOLVING; RESPECT FOR OTHERS; AND THE DEVELOPMENT OF IDENTITY, PURPOSE, AND INTEGRITY. WITHIN THE RESIDENCE HALLS AND APARTMENTS, AN ENGAGED TEAM OF PROFESSIONAL AND PARAPROFESSIONAL STAFF USE THE PHYSICAL STRUCTURE OF THE LIVING ENVIRONMENT AS A TOOL TO MAXIMIZE LEARNING MOMENTS AND CHALLENGE STUDENTS TO DEVELOP AND APPLY THESE COMPETENCIES.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$141,044,000TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (1)MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related PersonYes (1)GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document622IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee970EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryASForeignCountryCd
Foreign CountryEIForeignCountryCd
Foreign CountryITForeignCountryCd
Foreign CountryNZForeignCountryCd
Foreign CountrySFForeignCountryCd
Foreign CountrySPForeignCountryCd
Foreign CountryUKForeignCountryCd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members18GoverningBodyVotingMembersCnt
Independent Voting Member17IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMEStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldTXStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JOAN SINGLETONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2155722900PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1450 S EASTON ROADAddressLine1Txt
CityGLENSIDECityNm
State AbbreviationPAStateAbbreviationCd
ZIP190383295ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (37 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
JOHN ROLLINS
CHAIR12.00Yes (X)Yes (X)$0$0$0
GRETCHEN SANTAMOUR
VICE CHAIR8.00Yes (X)Yes (X)$0$0$0
MICHEL PAUL
VICE CHAIR5.00Yes (X)Yes (X)$0$0$0
ALLIYAH ABRAHAM
TRUSTEE5.00Yes (X)$0$0$0
ALLISON ROSSETT
TRUSTEE5.00Yes (X)$0$0$0
ASHISH PARMAR
TRUSTEE5.00Yes (X)$0$0$0
CAMILO LOPEZ DELGADO
TRUSTEE5.00Yes (X)$0$0$0
CHARLES LENTZ
TRUSTEE5.00Yes (X)$0$0$0
DAVID A SADOFF
TRUSTEE5.00Yes (X)$0$0$0
ELLIOTT A ROTH
TRUSTEE5.00Yes (X)$0$0$0
JACQUELINE L CANNON
TRUSTEE5.00Yes (X)$0$0$0
KENNETH C WEIRMAN
TRUSTEE5.00Yes (X)$0$0$0
KEVIN SHOLLENBERGER
TRUSTEE5.00Yes (X)$0$0$0
MARC WALSH MCKENNA
TRUSTEE5.00Yes (X)$0$0$0
PAT CORNET
TRUSTEE5.00Yes (X)$0$0$0
PERI HIGGINS
TRUSTEE5.00Yes (X)$0$0$0
RONALD J EICHOLTZ
TRUSTEE5.00Yes (X)$0$0$0
DANNY SHOY JR
TRUSTEE (UNTIL 1/24)5.00Yes (X)$0$0$0
NANCY GLASS
TRUSTEE (UNTIL 7/23)5.00Yes (X)$0$0$0
SARA LOMAX REESE
TRUSTEE (UNTIL 5/24)5.00Yes (X)$0$0$0
AJAY NAIR
PRESIDENT40.00Yes (X)Yes (X)$538,139$0$205,439
JOAN SINGLETON
VICE PRESIDENT FOR FINANCE AND TREASURER40.00Yes (X)$310,436$0$72,412
JEFFREY RUTENBECK
VICE PRESIDENT FOR ACADEMIC AFFAIRS AND PROVOST40.00Yes (X)$302,578$0$54,666
BRIGETTE BRYANT
VICE PRESIDENT FOR ADVANCEMENT40.00Yes (X)$269,827$0$50,813
MARGARET CALLAHAN
GENERAL COUNSEL AND SECRETARY OF THE UNIVERSITY40.00Yes (X)$256,965$0$54,241
RANKAN HALL
VICE PRESIDENT FOR ENROLLMENT MGMT. (UNTIL 12/23)40.00Yes (X)$208,989$0$56,480
MARY SWEENEY
VP OF HR & EMPLOYEE EXP (UNTIL 2/24)40.00Yes (X)$194,543$0$72,395
RASHMI RADHAKRISHNAN
VICE PRESIDENT FOR IT AND CIO40.00Yes (X)$204,145$0$30,117
LAURA BALDWIN
VP MARKETING & COMM. (UNTIL 8/23)40.00Yes (X)$193,033$0$34,360
DAN DIPRINZIO
INTERIM VP MARKETING & COMM.40.00Yes (X)$110,092$0$8,405
DONOVAN MCCARGO
VP CAMPUS LIFE & DEAN OF STUDENTS40.00Yes (X)$213,536$0$45,672
MICHELE CYGAN
INTERIM ASSISTANT VP HUMAN RESOURCES40.00Yes (X)$114,197$0$26,321
ANDREW LAW
DEAN AND ED COLLEGE OF GLOBAL STUDIES40.00$186,398$0$45,977Yes (X)
LISA DONATELLI
TCGS COO, RISK MANAGEMENT, COMPLIANCE40.00$167,558$0$34,546Yes (X)
THOMAS MACCHI
ASSOC VP FACILITIES MGMT40.00$171,530$0$34,362Yes (X)
REBECCA CRAIK
DEAN - COLLEGE OF HEALTH SCIENCE40.00$197,017$0$34,279Yes (X)
LUCY GLASSON
ASSOC GEN COUNSEL/INTERIM TITLE IX COOR40.00$164,390$0$25,316Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,803,373TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$885,801TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K94IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
METZ CULINARY MANAGEMENT
2 WOODLANDS DRIVEDALLASPA18612DINING SERVICES$3,193,184
DELRAN BUILDERS COMPANY
7909 FLOURTOWN AVEWYNDMOORPA19038CONSTRUCTION$1,280,607
THE ARTHUR JACKSON COMPANY
7025 WEST CHESTER PIKEUPPER DARBYPA19082FACILITIES MANAGEMENT$675,842
INTEGRA ONE
7248 TILGHMAN STREET SUITE 120ALLENTOWNPA18106IT STAFFING$503,333
HATZEL & BUEHLER
PO BOX 7499WILMINGTONDE19803CONSTRUCTION$451,994
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K29CntrctRcvdGreaterThan100KCnt
Fundraising$14,000FundraisingAmt
Government Grants$2,367,000GovernmentGrantsAmt
All Other Contributions$2,957,000AllOtherContributionsAmt
Noncash Contributions$416,000NoncashContributionsAmt
Total Contributions$5,338,000TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION & FEES611310$101,983,000$101,983,000
INTERNATIONAL PROGRAMS611310$40,315,000$40,315,000
ROOM & BOARD611310$12,877,000$12,877,000
FieldValueIRS element (for citing)
Total Program Service Revenue$155,175,000TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,571,000TotalRevenueColumnAmt
Unrelated Business Revenue$40,254UnrelatedBusinessRevenueAmt
Exclusion$2,530,746ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$5,000RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$8,000RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real-$3,000RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$3,000TotalRevenueColumnAmt
Related Or Exempt Func Income-$3,000RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$22,049,000SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$21,538,000SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$511,000SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$511,000TotalRevenueColumnAmt
Exclusion$511,000ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$23,000FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$14,000ContriRptFundraisingEventAmt
Fundraising Direct Expenses$27,000FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$4,000TotalRevenueColumnAmt
Exclusion-$4,000ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
COMM, FEES & INDIRECT GRANT REV &611310$791,000$791,000
HEALTH SERVICES PARTNER611310$41,000$41,000
FieldValueIRS element (for citing)
Other Revenue Total$832,000OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$164,420,000TotalRevenueColumnAmt
Related Or Exempt Func Income$155,172,000RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$40,254UnrelatedBusinessRevenueAmt
Exclusion$3,869,746ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$43,842,000TotalAmt
Program Services$43,842,000ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$1,745,000TotalAmt
Program Services$1,745,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,876,000TotalAmt
Program Services$1,316,000ProgramServicesAmt
Management And General$1,198,000ManagementAndGeneralAmt
Fundraising$362,000FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$42,271,000TotalAmt
Program Services$31,868,000ProgramServicesAmt
Management And General$9,902,000ManagementAndGeneralAmt
Fundraising$501,000FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$2,252,000TotalAmt
Program Services$1,509,000ProgramServicesAmt
Management And General$717,000ManagementAndGeneralAmt
Fundraising$26,000FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$6,363,000TotalAmt
Program Services$4,251,000ProgramServicesAmt
Management And General$1,897,000ManagementAndGeneralAmt
Fundraising$215,000FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$3,473,000TotalAmt
Program Services$2,558,000ProgramServicesAmt
Management And General$849,000ManagementAndGeneralAmt
Fundraising$66,000FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$248,000TotalAmt
Management And General$248,000ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$337,000TotalAmt
Management And General$337,000ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$100,000TotalAmt
Management And General$100,000ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$12,629,000TotalAmt
Program Services$7,863,000ProgramServicesAmt
Management And General$4,504,000ManagementAndGeneralAmt
Fundraising$262,000FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$257,000TotalAmt
Program Services$234,000ProgramServicesAmt
Management And General$23,000ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$130,000TotalAmt
Program Services$115,000ProgramServicesAmt
Management And General$14,000ManagementAndGeneralAmt
Fundraising$1,000FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$2,084,000TotalAmt
Program Services$530,000ProgramServicesAmt
Management And General$1,544,000ManagementAndGeneralAmt
Fundraising$10,000FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$4,137,000TotalAmt
Program Services$3,077,000ProgramServicesAmt
Management And General$1,054,000ManagementAndGeneralAmt
Fundraising$6,000FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,289,000TotalAmt
Program Services$1,756,000ProgramServicesAmt
Management And General$512,000ManagementAndGeneralAmt
Fundraising$21,000FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$297,000TotalAmt
Program Services$230,000ProgramServicesAmt
Management And General$65,000ManagementAndGeneralAmt
Fundraising$2,000FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$2,948,000TotalAmt
Program Services$2,415,000ProgramServicesAmt
Management And General$533,000ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$5,734,000TotalAmt
Program Services$4,645,000ProgramServicesAmt
Management And General$1,089,000ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,974,000TotalAmt
Program Services$52,000ProgramServicesAmt
Management And General$1,922,000ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
INTERNATIONAL PROGRAMS$16,023,000$16,023,000
INTERNATIONAL PROGRAMS$8,858,000$8,858,000
SUPPLIES$5,735,000$5,106,000$597,000$32,000
OTHER EXPENSES$3,118,000$2,796,000$322,000

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$767,000TotalAmt
Program Services$255,000ProgramServicesAmt
Management And General$510,000ManagementAndGeneralAmt
Fundraising$2,000FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$170,487,000TotalAmt
Program Services$141,044,000ProgramServicesAmt
Management And General$27,937,000ManagementAndGeneralAmt
Fundraising$1,506,000FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$13,000BOYAmt
EOY$10,000EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$28,437,000BOYAmt
EOY$33,717,000EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,514,000BOYAmt
EOY$1,769,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$4,562,000BOYAmt
EOY$3,894,000EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$1,189,000BOYAmt
EOY$1,464,000EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$48,000BOYAmt
EOY$46,000EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$2,772,000BOYAmt
EOY$2,581,000EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$265,984,000LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$138,390,000LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$124,134,000BOYAmt
EOY$127,594,000EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$61,897,000BOYAmt
EOY$60,326,000EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$6,802,000BOYAmt
EOY$7,046,000EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$6,647,000BOYAmt
EOY$4,119,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$238,015,000BOYAmt
EOY$242,566,000EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$11,163,000BOYAmt
EOY$11,367,000EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$12,767,000BOYAmt
EOY$15,723,000EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$65,241,000BOYAmt
EOY$69,808,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$8,006,000BOYAmt
EOY$5,552,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$97,177,000BOYAmt
EOY$102,450,000EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$97,500,000BOYAmt
EOY$91,572,000EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$43,338,000BOYAmt
EOY$48,544,000EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$140,838,000BOYAmt
EOY$140,116,000EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$238,015,000BOYAmt
EOY$242,566,000EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$6,067,000ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$5,502,000NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$157,000OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,595,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,169,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$13,674,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,690,000CurrentTaxYearMinus1YearAmt
Current Tax Year$5,338,000CurrentTaxYearAmt
Total$35,466,000TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,595,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,169,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$13,674,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,690,000CurrentTaxYearMinus1YearAmt
Current Tax Year$5,338,000CurrentTaxYearAmt
Total$35,466,000TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$35,466,000PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,922,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$777,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$453,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,420,596CurrentTaxYearMinus1YearAmt
Current Tax Year$2,467,176CurrentTaxYearAmt
Total$8,039,772TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$647,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,334,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$601,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$787,000CurrentTaxYearMinus1YearAmt
Current Tax Year$832,000CurrentTaxYearAmt
Total$4,201,000TotalAmt
FieldValueIRS element (for citing)
Total Support$47,706,772TotalSupportAmt
Gross Receipts Rltd Activities$699,910,000GrossReceiptsRltdActivitiesAmt
Public Support CY1700.74340PublicSupportCY170Pct
Public Support PY1700.71980PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationCOMMISSIONS - 2019 AMOUNT: $ 142,000. 2020 AMOUNT: $ 43,000. 2021 AMOUNT: $ 42,000. 2022 AMOUNT: $ 49,000. INDIRECT REVENUE FROM GRANTS PNC COMMISSIONS FEES AND MISCELLANEOUS - 2019 AMOUNT: $ 505,000. 2020 AMOUNT: $ 1,291,000. 2021 AMOUNT: $ 559,000. 2022 AMOUNT: $ 499,000. 2023 AMOUNT: $ 791,000. HEALTH SERVICES PARTNER - 2022 AMOUNT: $ 239,000. 2023 AMOUNT: $ 41,000.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$67,793,000BeginningYearBalanceAmt
Contributions$1,022,000ContributionsAmt
Investment Earnings Or Losses$6,575,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,153,000GrantsOrScholarshipsAmt
Other Expenditures$7,958,000OtherExpendituresAmt
Administrative Expenses$180,000AdministrativeExpensesAmt
End Year Balance$66,099,000EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$84,484,000BeginningYearBalanceAmt
Contributions$1,515,000ContributionsAmt
Investment Earnings Or Losses-$4,174,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,178,000GrantsOrScholarshipsAmt
Other Expenditures$12,673,000OtherExpendituresAmt
Administrative Expenses$181,000AdministrativeExpensesAmt
End Year Balance$67,793,000EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$97,190,000BeginningYearBalanceAmt
Contributions$934,000ContributionsAmt
Investment Earnings Or Losses-$6,837,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,790,000GrantsOrScholarshipsAmt
Other Expenditures$3,764,000OtherExpendituresAmt
Administrative Expenses$249,000AdministrativeExpensesAmt
End Year Balance$84,484,000EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$79,338,000BeginningYearBalanceAmt
Contributions$820,000ContributionsAmt
Investment Earnings Or Losses$23,098,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,357,000GrantsOrScholarshipsAmt
Other Expenditures$4,481,000OtherExpendituresAmt
Administrative Expenses$228,000AdministrativeExpensesAmt
End Year Balance$97,190,000EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$70,402,000BeginningYearBalanceAmt
Contributions$10,252,000ContributionsAmt
Investment Earnings Or Losses$2,139,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,721,000GrantsOrScholarshipsAmt
Other Expenditures$1,520,000OtherExpendituresAmt
Administrative Expenses$214,000AdministrativeExpensesAmt
End Year Balance$79,338,000EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.35000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.41000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.24000TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (1)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,686,000OtherCostOrOtherBasisAmt
Book Value$3,686,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$177,903,000OtherCostOrOtherBasisAmt
Depreciation$75,426,000DepreciationAmt
Book Value$102,477,000BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$57,671,000OtherCostOrOtherBasisAmt
Depreciation$51,101,000DepreciationAmt
Book Value$6,570,000BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$26,724,000OtherCostOrOtherBasisAmt
Depreciation$11,863,000DepreciationAmt
Book Value$14,861,000BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$127,594,000TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDescAmtAmt
OPERATING LEASE OBLIGATION$2,812,000
ANNUITIES PAYABLE$220,000
ACCRUED POST-RETIREMENT OBLIGATION$1,761,000
ASSET RETIREMENT OBLIGATION$567,000
REFUNDABLE LOAN FUNDS$192,000
FieldValueIRS element (for citing)
Total Liability$5,552,000TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$124,113,000TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$5,502,000NetUnrealizedGainsInvstAmt
Other Revenue-$45,844,000OtherRevenueAmt
Revenue Not Reported-$40,342,000RevenueNotReportedAmt
Revenue Subtotal$164,455,000RevenueSubtotalAmt
Other Revenues Not Included-$35,000OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$35,000RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$164,420,000TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$124,835,000TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$35,000OtherExpensesIncludedAmt
Expenses Not Reported$35,000ExpensesNotReportedAmt
Expenses Subtotal$124,800,000ExpensesSubtotalAmt
Other Expenses Not Included$45,687,000OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$45,687,000ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$170,487,000TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 1A:THE UNIVERSITY ART COLLECTION CONSISTS OF VARIOUS PIECES OF ART DISPLAYED THROUGHOUT THE CAMPUS. SOME PIECES ARE ARCHIVED FOR FUTURE EXHIBITION.
PART III, LINE 4:THE UNIVERSITY ART COLLECTION CONSISTS OF VARIOUS PIECES OF ART DISPLAYED THROUGHOUT CAMPUS WHICH ARE USED TO ENHANCE STUDENT APPRECIATION OF FINE ART. SOME PIECES ARE STORED FOR FUTURE EXHIBITION.
PART V, LINE 4:THE UNIVERSITY'S ENDOWMENT FUNDS ARE USED TO PROVIDE A SOURCE OF OPERATING FUNDS AS WELL AS LONG TERM FINANCIAL STABILITY.
PART X, LINE 2:THE UNIVERSITY FOLLOWS THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") GUIDANCE THAT REQUIRES A TAX POSITION TO BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE LIKELY THAN NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE UNIVERSITY DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. THE UNIVERSITY'S POLICY IS TO RECOGNIZE INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. NO INTEREST OR PENALTIES WERE RECOGNIZED IN 2024 AND 2023. THE UNIVERSITY'S FEDERAL TAX EXEMPT BUSINESS INCOME TAX RETURNS FOR 2023, 2022, AND 2021 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE.
PART XI, LINE 2D - OTHER ADJUSTMENTS:FINANCIAL AID ASSISTANCE -45,587,000. INVESTMENT EXPENSE -100,000. CHANGE IN BENEFIT OBLIGATION -86,000. LOSS ON BOND DEFEASANCE -307,000. GAIN ON FAIR VALUE OF FOREIGN EXCHANGE CONTRACTS 236,000.
PART XI, LINE 4B - OTHER ADJUSTMENTS:RENTAL EXPENSE -8,000. FUNDRAISING EXPENSE -27,000.
PART XII, LINE 2D - OTHER ADJUSTMENTS:RENTAL EXPENSE 8,000. FUNDRAISING EXPENSE 27,000.
PART XII, LINE 4B - OTHER ADJUSTMENTS:FINANCIAL AID ASSISTANCE 45,587,000. INVESTMENT EXPENSE 100,000.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3WE INCLUDE A NOTICE OF OUR POLICIES ON ALL OF OUR PUBLICATIONS, ADVERTISEMENTS, AND INTERNET WEBSITE.
SCHEDULE E, PART I, LINE 6ARCADIA UNIVERSITY PARTICIPATES IN FEDERAL TITLE IV AID PROGRAMS, INCLUDING THE FEDERAL CAMPUS-BASED AID PROGRAMS. AS SUCH, WE RECEIVE, ON AN ANNUAL BASIS, ALLOCATIONS TO MAKE FEDERAL WORK STUDY AWARDS AND SEOG GRANTS TO STUDENTS. ADDITIONALLY, OUR EDUCATIONAL PROGRAMS ARE RECOGNIZED AS ELIGIBLE PROGRAMS BY THE STATE OF PENNSYLVANIA. AS SUCH, WE AWARD PHEAA STATE GRANTS TO OUR ELIGIBLE STUDENTS FROM PHEAA (PENNSYLVANIA HIGHER EDUCATION ASSISTANCE AGENCY), AND ALSO RECEIVE FEDERAL WORK STUDY MATCHING FUNDS FROM PHEAA. ADDITIONALLY, ON AN ANNUAL BASIS, PHEAA PROVIDES A MATCHING GRANT KNOWN AS THE IAG GRANT FOR EACH ELIGIBLE STATE GRANT STUDENTS WE AWARD PHEAA FUNDS TO AS WELL.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
EUROPE (INCLUDING ICELAND & GREENLAND)530PROGRAM SERVICESSTUDY ABROAD EDUCATION$23,920,000
EAST ASIA AND THE PACIFIC27PROGRAM SERVICESSTUDY ABROAD EDUCATION$7,027,000
SUB-SAHARAN AFRICA00PROGRAM SERVICESSTUDY ABROAD EDUCATION$32,000
CENTRAL AMERICA AND THE CARIBBEAN00PROGRAM SERVICESSTUDY ABROAD EDUCATION$22,000
FieldValueIRS element (for citing)
Subtotal Offices7SubtotalOfficesCnt
Subtotal Employees37SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office7TotalOfficeCnt
Total Employee37TotalEmployeeCnt
Subtotal Spent$31,001,000SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$31,001,000TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (4 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntNon Cash AssistanceNonCashAssistanceAmtDescription Of Non Cash AsstDescriptionOfNonCashAsstTxtValuation Method UsedValuationMethodUsedDesc
SCHOLARSHIP/GRANTEUROPE (INCLUDING ICELAND & GREENLAND)85$1,346,000CREDIT PLACED ON STUDENT ACCOUNTCOST
SCHOLARSHIP/GRANTEAST ASIA AND THE PACIFIC27$368,000CREDIT PLACED ON STUDENT ACCOUNTCOST
SCHOLARSHIP/GRANTSUB-SAHARAN AFRICA1$17,000CREDIT PLACED ON STUDENT ACCOUNTCOST
SCHOLARSHIP/GRANTCENTRAL AMERICA AND THE CARIBBEAN1$14,000CREDIT PLACED ON STUDENT ACCOUNTCOST
FieldValueIRS element (for citing)
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 2:ALL GRANTS AND SCHOLARSHIPS AWARDED TO STUDENTS ARE CREDITED DIRECTLY TO THE STUDENT'S BILLING ACCOUNT AND NO FUNDS ACTUALLY LEAVE THE UNITED STATES.
SCHEDULE F, PART IV, LINE 1THE ORGANIZATION TRANSFERRED FUNDS TO FOREIGN CORPORATIONS BUT THE AMOUNTS DID NOT EXCEED THE THRESHOLD FOR REPORTING ON FORM 926.
SCHEDULE F, PART IV, LINE 3THE ORGANIZATION INVESTS IN FOREIGN CORPORATIONS BUT ITS INVESTMENTS DO NOT EXCEED THE THRESHOLD FOR FILING FOREIGN FORMS SUCH AS FORM 5471.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1ARCADIA GOLF OUTINGEvent1Nm
Gross Receipts Event1$37,000GrossReceiptsEvent1Amt
Charitable Contri Event1$14,000CharitableContriEvent1Amt
Gross Revenue Event1$23,000GrossRevenueEvent1Amt
Rent Facility Costs Event1$22,000RentFacilityCostsEvent1Amt
Other Direct Expenses Event1$5,000OtherDirectExpensesEvent1Amt
Gross Receipts Total$37,000GrossReceiptsTotalAmt
Charitable Contributions Tot$14,000CharitableContributionsTotAmt
Gross Revenue Total Events$23,000GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$22,000RentFcltyCostsTotalEventsAmt
Oth Direct Expnss Total Events$5,000OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$27,000DirectExpenseSummaryEventsAmt
Net Income Summary-$4,000NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDesc
STUDENT WORK PROGRAMS (INSTITUTIONAL)274$695,000
INSTITUTIONAL SCHOLARSHIPS & GRANTS2152$42,647,000COSTCREDIT PLACED ON STUDENT ACCOUNT
STUDENT WORK PROGRAMS (FEDERALLY SUBSIDIZED)974$500,000

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationARCADIA UNIVERSITY AWARDS BOTH NEED-BASED AND MERIT-BASED AID TO STUDENTS IN GOOD ACADEMIC STANDING. THE UNIVERSITY MAINTAINS RECORDS TO QUANTIFY THE DOLLAR AMOUNT OF THE FINANCIAL ASSISTANCE AWARDED, THE NUMBER OF RECIPIENTS PER GRANT/SCHOLARSHIP, AND THE SELECTION CRITERIA. ALL GRANTS AND SCHOLARSHIPS AWARDED TO STUDENTS ARE CREDITED DIRECTLY TO THE STUDENTS' BILLING ACCOUNTS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (15 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
AJAY NAIR
PRESIDENT$537,000$0$0$0$1,139$0$26,400$0$179,039$0$743,578$0$0$0
JOAN SINGLETON
VICE PRESIDENT FOR FINANCE AND TREAS$308,218$0$0$0$2,218$0$21,291$0$51,121$0$382,848$0$0$0
JEFFREY RUTENBECK
VICE PRESIDENT FOR ACADEMIC AFFAIRS$299,410$0$0$0$3,168$0$24,000$0$30,666$0$357,244$0$0$0
BRIGETTE BRYANT
VICE PRESIDENT FOR ADVANCEMENT$267,157$0$0$0$2,670$0$20,638$0$30,175$0$320,640$0$0$0
MARGARET CALLAHAN
GENERAL COUNSEL AND SECRETARY OF THE$254,295$0$0$0$2,670$0$20,638$0$33,603$0$311,206$0$0$0
MARY SWEENEY
VP OF HR & EMPLOYEE EXP (UNTIL 2/24)$193,212$0$0$0$1,331$0$16,400$0$55,995$0$266,938$0$0$0
RANKAN HALL
VICE PRESIDENT FOR ENROLLMENT MGMT.$208,479$0$0$0$510$0$17,749$0$38,731$0$265,469$0$0$0
DONOVAN MCCARGO
VP CAMPUS LIFE & DEAN OF STUDENTS$213,200$0$0$0$336$0$14,667$0$31,005$0$259,208$0$0$0
RASHMI RADHAKRISHNAN
VICE PRESIDENT FOR IT AND CIO$203,448$0$0$0$697$0$16,124$0$13,993$0$234,262$0$0$0
ANDREW LAW
DEAN AND ED COLLEGE OF GLOBAL STUDIE$185,162$0$0$0$1,236$0$1,930$0$44,047$0$232,375$0$0$0
REBECCA CRAIK
DEAN - COLLEGE OF HEALTH SCIENCE$191,902$0$0$0$5,115$0$13,693$0$20,586$0$231,296$0$0$0
LAURA BALDWIN
VP MARKETING & COMM. (UNTIL 8/23)$192,666$0$0$0$367$0$8,745$0$25,615$0$227,393$0$0$0
THOMAS MACCHI
ASSOC VP FACILITIES MGMT$168,523$0$0$0$3,007$0$13,193$0$21,169$0$205,892$0$0$0
LISA DONATELLI
TCGS COO, RISK MANAGEMENT, COMPLIANC$166,998$0$0$0$560$0$13,473$0$21,073$0$202,104$0$0$0
LUCY GLASSON
ASSOC GEN COUNSEL/INTERIM TITLE IX C$164,070$0$0$0$320$0$12,140$0$13,176$0$189,706$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 1AFormAndLineReferenceDesc
ExplanationTHE PRESIDENT OF THE UNIVERSITY IS REQUIRED, AS A CONDITION OF EMPLOYMENT, TO LIVE IN A HOUSE OWNED BY THE UNIVERSITY. THIS HOUSE IS ALSO USED TO HOST UNIVERSITY-RELATED FUNCTIONS. THIS BENEFIT WAS NOT INCLUDED IN TAXABLE COMPENSATION AS IT QUALIFIES FOR EXCLUSION UNDER INTERNAL REVENUE CODE SECTION 119(D) DUE TO BEING REQUIRED AS A CONDITION OF EMPLOYMENT, FOR THE CONVENIENCE OF THE EMPLOYER, AND BEING ON THE UNIVERSITY CAMPUS.ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
MONTGOMERY COUNTY HIGHER EDUCATION & HEALTH AUTHORITY
A232447147613603UZ02015-06-25$34,806,870ADVANCE REFUNDING OF SERIES 2006 BONDS000
MONTGOMERY COUNTY HIGHER EDUCATION & HEALTH AUTHORITY
B232447147613603VM82016-01-05$10,589,701CURRENT REFUNDING OF SECOND SERIES 2006 BONDS000
MONTGOMERY COUNTY HIGHER EDUCATION & HEALTH AUTHORITY
C232447147613603D892020-02-19$21,832,031ADVANCE REFUNDING OF SERIES 2010 BONDS000
MONTGOMERY COUNTY HIGHER EDUCATION & HEALTH AUTHORITY
D232447147163492AC52024-05-16$23,210,032REFUNDING 2013 BONDS, CAPITAL PROJECTS000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtTotal ProceedsTotalProceedsAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtOther Spent ProceedsOtherSpentProceedsAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndRefunding EscrowRefundingEscrowAmtCapital ExpendituresCapitalExpendituresAmtUnspentUnspentAmt
A$10,170,000$35,077,824$444,720$34,362,1492016Yes (1)0Yes (1)Yes (1)
B$5,370,000$10,612,909$211,021$10,378,6302016Yes (1)0Yes (1)Yes (1)
C$1,975,000$23,832,031$324,278$21,507,7532020Yes (1)0Yes (1)Yes (1)
D$23,112,193$667,8392024Yes (1)00Yes (1)$14,904,891$4,513,607$3,334,335

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A00000.000000.000000.0000000Yes (1)
B00000.000000.000000.0000000Yes (1)
C00000.000000.000000.0000000Yes (1)
D00000.000000.000000.0000000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A000Yes (1)0000Yes (1)
B000Yes (1)0000Yes (1)
C0Yes (1)000000Yes (1)
D0Yes (1)00Yes (1)000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)
CYes (1)
DYes (1)

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE K, PART IV, LINE 2C - 06/25/2015 34,806,870 MONTGOMERY COUNTYTHIS BOND ISSUE DID NOT OWE ANY REBATE UPON ITS FIRST COMPUTATION DATE. THE COMPUTATION WAS COMPLETED 7/15/2020. IT IS AFTER THE FIRST AND BEFORE THE SECOND COMPUTATION DATE AND THEREFORE NO REBATE IS DUE AT THIS TIME.
SCHEDULE K, PART IV, LINE 2C - 01/05/2016 10,589,701 MONTGOMERY COUNTYTHIS BOND ISSUE DID NOT OWE ANY REBATE UPON ITS FIRST COMPUTATION DATE. THE COMPUTATION WAS COMPLETED 1/26/2021. IT IS AFTER THE FIRST AND BEFORE THE SECOND COMPUTATION DATE AND THEREFORE NO REBATE IS DUE AT THIS TIME.

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EMPLOYEESBusinessNameLine1Txt
FieldValueIRS element (for citing)
Relationship With OrgEMPLOYEESRelationshipWithOrgTxt
Cash Grant$116,273CashGrantAmt
Type Of AssistanceEMPLOYEE TUITION DISCOUNTTypeOfAssistanceTxt
Assistance PurposeEMPLOYEE BENEFITAssistancePurposeTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution16ContributionCnt
Noncash Contributions Rpt F990$416,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesNYSEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationTHE NUMBER IN COLUMN B REPRESENTS THE TOTAL NUMBER OF CONTRIBUTIONS RECEIVED.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BAN INTERNAL REVIEW OF THE COMPLETED 990 IS PERFORMED BEFORE IT IS PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW AND ACCEPTANCE. THE 990 IS MADE AVAILABLE TO THE BOARD OF TRUSTEES VIA OUR INTERNAL WEB PORTAL FOR REVIEW BEFORE FILING. BOARD MEMBERS MAY ACCESS THE FORM 990 IN A SPECIAL SECTION SET ASIDE FOR THE BOARD.
FORM 990, PART VI, SECTION B, LINE 12CTHE TRUSTEES AND EXECUTIVE SENIOR MANAGERS OF THE UNIVERSITY ARE REQUIRED TO COMPLETE CONFLICT OF INTEREST STATEMENTS. THE CHAIR OF THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES (BOARD) ENSURES THAT THE STATEMENTS ARE COMPLETED ON AN ANNUAL BASIS. IF ANY CONFLICTS ARISE, SUCH AS FROM FAMILY OR BUSINESS RELATIONSHIPS, THE AUDIT COMMITTEE OF THE BOARD MAY EITHER MAKE A DETERMINATION, OR, IF THE AUDIT COMMITTEE BELIEVES IT IS APPROPRIATE, MAY REFER THE MATTER TO THE FULL BOARD FOR A VOTE TO DETERMINE IF A CONFLICT EXISTS. IF A DETERMINATION IS MADE THAT NO CONFLICT EXISTS, THE INTERESTED TRUSTEE MAY PARTICIPATE FULLY IN ANY DISCUSSIONS AND VOTE ON THE PROPOSED TRANSACTION OR ARRANGEMENT THAT IS THE SUBJECT OF THE CONFLICT. IF A DETERMINATION IS MADE THAT A CONFLICT OF INTEREST EXISTS, THE INTERESTED TRUSTEE SHALL BE REQUIRED TO LEAVE ANY MEETING PRIOR TO DISCUSSION OF, OR VOTE ON, THE TRANSACTION OR ARRANGEMENT.
FORM 990, PART VI, SECTION B, LINE 15THE EXECUTIVE COMMITTEE OF BOARD OF TRUSTEES OVERSEES COMPENSATION OF THE PRESIDENT. ALL DISCUSSIONS ABOUT COMPENSATION ARE DOCUMENTED IN THE BOARD MINUTES. THE UNIVERSITY USES COMPARABILITY DATA FROM PEER INSTITUTIONS COLLECTED BY THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA HR), AS WELL AS CONDUCTS A REVIEW OF INTERNAL EQUALITY AMONG EXECUTIVES, IN DETERMINING THE COMPENSATION OF ALL OTHER OFFICERS AND KEY EMPLOYEES. THIS DATA IS USED TO ENSURE ALL SALARIES ARE WITHIN "FAIR MARKET RANGE" FOR THE INDUSTRY.
FORM 990, PART VI, SECTION C, LINE 19THE UNIVERSITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XI, LINE 9:CHANGE IN BENEFIT OBLIGATION -86,000. LOSS ON BOND DEFEASANCE -307,000. GAIN ON FAIR VALUE OF FOREIGN EXCHANGE CONTRACTS 236,000.

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