2023-04-07T13:15:40-05:00 2022-05-31 570381582 ELLIOTT DAVIS LLCPLLC 500 EAST MOREHEAD STREET SUITE 700 CHARLOTTE NC 28202 990 2021-06-01 571088101 BJU INC BJUI 8649180673 1700 WADE HAMPTON BLVD GREENVILLE SC 29614 STEVEN J DICKINSON CFO 8649180673 2023-04-05 1 STEVEN DICKINSON XXX-XX-XXXX JANICE A RATICA P00358837 7043338881 2023-04-05 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z STEVEN J DICKINSON 1700 WADE HAMPTON BLVD GREENVILLE SC 29614 110286700 0 X WWW.BJU.EDU X 1999 SC BJU DELIVERS A CHRISTIAN EDUCATION THROUGH ITS ELEMENTARY SCHOOL AND UNIVERSITY. 18 17 2229 100 0 17703 11409520 14674831 70134293 75096780 598042 -68118 16030480 18112875 98172335 107816368 18189345 20929644 0 0 39914552 42595884 0 0 1339393 36919253 40888569 95023150 104414097 3149185 3402271 210544785 212805172 9412140 10859086 201132645 201946086 X BOB JONES UNIVERSITY (BJU) EXISTS TO EMPOWER PEOPLE TO REACH THEIR HIGHEST POTENTIAL FOR GOD'S GLORY BY PROVIDING AN OUTSTANDING CHRISTIAN LIBERAL ARTS EDUCATION PURPOSELY DESIGNED TO INSPIRE A LIFELONG PURSUIT OF LEARNING, LOVING, AND LEADING. OUR AIM, CAPTURED BY OUR FOUNDER'S VISION, IS NOT SIMPLY TO TEACH PEOPLE HOW TO MAKE A LIVING BUT HOW TO LIVE. IN CONTINUOUS OPERATION SINCE 1927, BJU CONFERRED NEARLY 52,000 DEGREES. THE INSTITUTION HAS BUILT A GLOBAL REPUTATION AS A LEADER IN CONSERVATIVE CHRISTIAN EVANGELICALISM AND EDUCATION, SENDING ITS GRADUATES AROUND THE WORLD TO SERVE IN BOTH MINISTERIAL AND SECULAR FIELDS. BJU IS ACCREDITED BY THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS COMMISSION ON COLLEGES AND THE TRANSNATIONAL ASSOCIATION OF CHRISTIAN COLLEGES AND SCHOOLS. 0 0 78831182 20929644 74568126 BJU SERVES APPROXIMATELY 2500 RESIDENTIAL STUDENTS AND AN ADDITIONAL 600 NON-TRADITIONAL STUDENTS IN APPROXIMATELY 100 ASSOCIATE, BACHELOR'S, MASTER'S, AND DOCTORAL DEGREE PROGRAMS. BJU OFFERS STUDENTS A TOTAL STUDENT EXPERIENCE PACKAGE KNOWN AS THE BJU PREMIUMLEARNING AND LIVING EXPERIENCES FOCUSED ON STUDENT SUCCESS AND ROOTED IN OUR CHRISTIAN LIBERAL ARTS MISSION AND OUR CULTURAL EMPHASIS AND RELEVANT TO CURRENT MINISTRY AND WORKPLACE OPPORTUNITIES. BJU IS ALSO COMMITTED TO AN EDUCATION DESIGNED TO INSPIRE A LIFELONG PURSUIT OF LEARNING, LOVING AND LEADING. 4421936 5644791 BJU, INC. SERVED AN AVERAGE OF 555 STUDENTS IN ITS ELEMENTARY SCHOOL (K3 - GRADE 6) AND 120 STUDENTS IN ITS CHILD DEVELOPMENT CENTER (INFANT - K2). 83253118 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 1 1 1 0 1 1 0 0 0 0 0 0 0 1 3813 0 1 2229 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 18 17 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 1 0 SC X STEVEN J DICKINSON 8642425100 1700 WADE HAMPTON BLVD GREENVILLE SC 29614 STEVE PETTIT CHIEF EXECUTIVE OFFICER 40.00 X X 170193 0 25096 JOHN MATTHEWS VP ADVANCEMENT/ALUMNI RELA 40.00 X 91903 0 40102 GARY WEIER EVP ACADEMIC AFFAIRS 40.00 X 91420 0 47590 ALAN BENSON VP STUDENT DEVELOPMENT AND 40.00 X 89828 0 47473 KEVIN TAYLOR CHIEF HR OFFICER 40.00 X 87290 0 16026 STEVE DICKINSON VP BUSINESS AND FINANCE 40.00 X 85615 0 8870 BOBBY WOOD CHIEF ENROLLMENT OFFICER 40.00 X 85478 0 54096 GARY THOMPSON TRUSTEE 1.00 X 0 0 0 PAUL MATTHEWS TRUSTEE 1.00 X 0 0 0 DAWN AKAM TRUSTEE 1.00 X 0 0 0 BRUCE WOODWORTH TRUSTEE 1.00 X 0 0 0 GARY COBB TRUSTEE 1.00 X 0 0 0 JEAN SAITO TRUSTEE 1.00 X 0 0 0 PAUL KALMBACH TRUSTEE 1.00 X 0 0 0 SAM DAWSON TRUSTEE 1.00 X 0 0 0 SHAWN KOOK TRUSTEE 1.00 X 0 0 0 BRIAN PRIEST TRUSTEE 1.00 X 0 0 0 HANTZ BERNARD CHAIRMAN MARKETING & DEVEL 1.00 X 0 0 0 JOHN LEWIS CHAIRMAN 1.00 X 0 0 0 MIKE HARDING SECRETARY/TREASURER AND CH 1.00 X 0 0 0 JERRY MORGAN CHAIRMAN STUDENT DEVELOPMENT 1.00 X 0 0 0 TIM STANLEY CHAIRMAN FINANCE & AUDIT C 1.00 X 0 0 0 JOE HELM CHAIRMAN PERSONNEL & PLANT 1.00 X 0 0 0 701727 0 239253 5 0 1 0 ARAMARK SERVICES INC 1101 MARKET STREET PHILADELPHIA PA 19107 FOOD SERVICE 6059491 TRIANGLE CONSTRUCTION COMPANY INC 2624 LAURENS ROAD GREENVILLE SC 29607 CONSTRUCTION 1515319 DATA NETWORK SOLUTIONS INC 629 LAKE TIDE DRIVE CHAPIN SC 29036 IT INFRASTRUCTURE 877262 ANTHOLOGY INC 5201 CONGRESS AVE BOCA RATON FL 33487 SOFTWARE 844385 JACKSON MARKETING GROUP INC 1068 HOLLAND RD SIMPSONVILLE SC 29681 MARKETING 566544 43 18735 14656096 164500 14674831 TUITION AND FEES - UNIVERSITY 611310 50410218 50410218 ROOM AND BOARD 611710 13946477 13946477 TUITION AND FEES - ELEMENTARY SCH 611110 5644791 5644791 OTHER REVENUE 611710 5095294 5095294 75096780 1005481 1005481 11921475 11921475 463670 0 463670 463670 463670 1105376 21742 1105376 1095341 0 -1073599 -1073599 -1073599 47691 18735 46027 1664 1664 918008 223588 694420 694420 MANAGEMENT FEE INCOME 611430 5031646 5031646 5031646 107816368 80212917 0 12928620 20929644 20929644 766245 599958 153942 12345 28675013 22452089 5760953 461971 366525 286983 73637 5905 10815924 8468700 2172973 174251 1972177 1544184 396220 31773 48190 40742 6520 928 150286 150286 3019206 2552604 408479 58123 1324182 472869 827657 23656 3084289 1750688 1153090 180511 4862336 3163032 1691404 7900 1888354 1135996 655363 96995 7177447 6974591 202856 975858 99836 876022 OPERATIONS AND MAINTENA 6647918 6525470 122448 0 OUTSIDE SERVICES 5108193 4318749 691106 98338 LICENSES AND DUES 3395222 1052909 2230719 111594 REPAIRS AND MAINTENANCE 978278 212283 755971 10024 2228810 671791 1491940 65079 104414097 83253118 19821586 1339393 11037875 15944307 2236696 3544233 1347846 1240517 224499 235096 397705 915433 181228479 34363071 149680613 146865408 20144877 18156366 23000000 23000000 2474674 2903812 210544785 212805172 6791842 7534596 1848724 2009853 771574 1314637 9412140 10859086 X 178104718 177925860 23027927 24020226 201132645 201946086 210544785 212805172 3402271 -2588830 0 X X 0 1 X 1 1 1 X 6206207 7831430 8790818 11409520 14674831 48912806 6206207 7831430 8790818 11409520 14674831 48912806 3149056 45763750 11989936 7651920 8919495 10584879 13390626 52536856 5805612 5510362 5523545 5031646 21871165 123320827 330344611 0.37110 0.39050 X PART I, LINE 7 THE ORGANIZATION IS CLASSIFIED AS A PUBLIC CHARITY, A SCHOOL, IN ACCORDANCE WITH SECTION 170(B)(1)(A)(II) OF THE INTERNAL REVENUE CODE. HOWEVER, THE ORGANIZATION HAS ELECTED TO FOLLOW THE "SPECIAL RULE" FOR REPORTING CONTRIBUTIONS ON SCHEDULE B, WHICH PROVIDES THAT A 501(C)(3) ORGANIZATION THAT SATISFIES THE 33 1/3% SUPPORT TESTS OF SECTIONS 509(A)(1) AND 170(B)(1)(A)(VI) NEED ONLY DISCLOSE ON SCHEDULE B GIFTS FROM ANY ONE CONTRIBUTOR THAT TOTAL THE GREATER OF (1) $5,000 OR (2) 2% OF TOTAL CONTRIBUTIONS, GIFTS, GRANTS AND SIMILAR AMOUNTS RECEIVED. THEREFORE, THE ORGANIZATION HAS CHECKED SCHEDULE A, PART I, BOX 7 AND COMPLETED THE SUPPORT SCHEDULE IN PART II TO SUBSTANTIATE THAT IT MEETS THE PUBLIC SUPPORT TEST. THE ORGANIZATION CONTINUES TO QUALIFY AS A SCHOOL. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19859233 876715 -1797360 951700 17986888 15528449 630954 4369130 669300 19859233 15336261 851779 533096 1192687 15528449 15104164 425679 37209 149358 81433 15336261 14048414 79043 1019990 1019990 218049 13909408 0.00000 0.93121 0.06879 0 0 10240000 10240000 145634281 13823482 131810799 139266 139266 19802982 18916439 886543 5411950 1623150 3788800 146865408 STUDENT DRAWING ACCOUNTS 306620 TRUST FUNDS HELD ON BEHALF OF OTHERS 372303 LONG TERM DEFERRED REVENUE 635714 1314637 X 84371196 -2588830 223588 -2365242 86736438 150286 20929644 21079930 107816368 83557755 223588 223588 83334167 150286 20929644 21079930 104414097 PART X, LINE 2: BJU IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES TO THE EXTENT PROVIDED BY SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"). THE UNIVERSITY IS CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE IRC AND, AS SUCH, GIFTS TO THE UNIVERSITY QUALIFY FOR DEDUCTION AS CHARITABLE CONTRIBUTIONS. THE UNIVERSITY FOLLOWS THE PROVISIONS OF THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES TOPIC OF FASB ASC, WHICH ADDRESSES THE ACCOUNTING UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS AND PRESCRIBES A THRESHOLD OF MORE-LIKELY-THAN-NOT FOR RECOGNITION AND DE-RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT ALSO PROVIDES RELATED GUIDANCE ON MEASUREMENT CLASSIFICATION, INTEREST AND PENALTIES, AND DISCLOSURE. BJU HAS DETERMINED THAT IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL AND DISCLOSURE AS OF MAY 31, 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED AGAINST REVENUE 223,588. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS NETTED AGAINST REVENUE 20,929,644. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED AGAINST REVENUE 223,588. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS NETTED AGAINST REVENUE 20,929,644. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 SEE PART II. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION PARTICIPATES IN STATE AND FEDERAL AID PROGRAMS WHEREBY STUDENTS RECEIVE FINANCIAL AID IN THE FORM OF TUITION GRANTS AND SCHOLARSHIPS. SCHEDULE E, PART I, LINE 3 - EXPLANATION OF NONDISCRIMINATION POLICY STUDENTS ENROLL AT BJU FROM ALL US STATES AND APPROXIMATELY 40 FOREIGN COUNTRIES. THEREFORE, BJU DOES NOT USE NEWSPAPER OR BROADCAST MEDIA TO SOLICIT STUDENTS WITH THE EXCEPTION OF AN OCCASIONAL NEWSPAPER AD FOR A LOCAL COLLEGE FAIR WHERE THE RACIALLY NONDISCRIMINATORY POLICY IS INCLUDED. THE FOLLOWING NONDISCRIMINATORY STATEMENT IS INCLUDED IN UNDERGRADUATE AND GRADUATE CATALOGS, IN PRINT ADVERTISING AND ON THE APPLICATION PAGES OF BJU'S OFFICIAL WEBSITE, WWW.BJU.EDU: "STUDENTS OF ANY RACE, COLOR, AGE, SEX, NATIONAL OR ETHNIC ORIGIN, PROTECTED DISABILITY OR VETERAN STATUS ARE ADMITTED TO ALL THE RIGHTS, PRIVILEGES, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT BOB JONES UNIVERSITY. THE UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, AGE, SEX, NATIONAL OR ETHNIC ORIGIN, PROTECTED DISABILITY OR VETERAN STATUS IN ITS ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS." THE FOLLOWING NONDISCRIMINATORY STATEMENT IS INCLUDED IN THE STUDENT HANDBOOK, IN PRINT ADVERTISING, AND ON THE ADMISSIONS PAGES OF BOB JONES ACADEMY'S OFFICIAL WEBSITE, WWW.BOBJONESACADEMY.NET: "STUDENTS OF ANY RACE, COLOR, SEX, NATIONAL ORIGIN, OR PROTECTED DISABILITY ARE ADMITTED TO ALL THE RIGHTS, PRIVILEGES, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT BOB JONES ACADEMY. THE ACADEMY DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, SEX, NATIONAL ORIGIN, OR PROTECTED DISABILITY IN ITS ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, AND ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS." X 0 SC GOLF TOURNAMENT 47636 6385 41251 33125 CCGH LAUNCH EVENT 7400 7400 2428 2 11390 4950 6440 10474 66426 18735 47691 46027 46027 1664 1 STUDENT SCHOLARSHIPS - INSTRUCTIONAL AID 2228 20929644 SCHEDULE I, PART I, LINE 2 BJU PROVIDES SCHOLARSHIPS TO ELIGIBLE STUDENTS BASED ON NEED AND MERIT. THE AWARDS ARE APPLIED BY THE FINANCIAL AID OFFICE TO THE STUDENT'S ACCOUNTS AND ARE USED TO COVER THE COST OF TUITION, ROOM, AND BOARD. X 1 1 X X X 0 0 0 0 0 0 0 0 0 STEVE PETTIT CHIEF EXECUTIVE OFFICER 170193 0 0 0 0 0 0 0 25096 0 195289 0 0 0 SCHEDULE J, PART I, LINE 1A THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE ANNUAL BUDGET. INCLUDED IN THE ANNUAL BUDGET IS A DISCRETIONARY SPENDING AMOUNT FOR THE PRESIDENT. THE DISCRETIONARY ACCOUNT IS USED BY THE PRESIDENT TO FUND TRAVEL-RELATED EXPENSES, BJU-RELATED EVENTS, ETC. THE PRESIDENT'S OFFICE SUBMITS INVOICES AND EXPENSE REIMBURSEMENT FORMS (WITH PROPER SUPPORTING DOCUMENTATION) TO THE UNIVERSITY FOR PAYMENT AS REQUIRED. EXPENDITURES/REIMBURSEMENTS ARE MADE IN ACCORDANCE WITH THE UNIVERSITY'S DISBURSEMENT POLICIES AND PROCEDURES. STUDENTS 84755 TUITION WAIVER EDUCATION JARED STANLEY FAMILY MEMBER 51427 COMPENSATION WAS DETERMINED AT ARMS LENGTH AND FAIR MARKET VALUE. 0 ERIN MATTHEWS FAMILY MEMBER 15285 COMPENSATION WAS DETERMINED AT ARMS LENGTH AND FAIR MARKET VALUE. 0 TERRY PETTIT FAMILY MEMBER 14894 COMPENSATION WAS DETERMINED AT ARMS LENGTH AND FAIR MARKET VALUE. 0 REBECCA WEIER FAMILY MEMBER 54988 COMPENSATION WAS DETERMINED AT ARMS LENGTH AND AT FAIR MARKET VALUE. 0 MICHELLE BENSON FAMILY MEMBER 51018 COMPENSATION WAS DETERMINED AT ARMS LENGTH AND AT FAIR MARKET VALUE. 0 X 1 164500 APPRAISAL 1 0 0 0 FORM 990, PART III, LINE 1 THE GENERAL NATURE AND OBJECT OF BJU SHALL BE TO CONDUCT AN INSTITUTION OF LEARNING FOR THE GENERAL EDUCATION OF YOUTH IN THE ESSENTIALS OF CULTURE AND THE ARTS AND SCIENCES, GIVING SPECIAL EMPHASIS TO THE CHRISTIAN RELIGION AND THE ETHICS REVEALED IN THE HOLYSCRIPTURES; COMBATING ALL ATHEISTIC, AGNOSTIC, PAGAN AND SO-CALLED SCIENTIFIC ADULTERATIONS OF THE GOSPEL; UNQUALIFIEDLY AFFIRMING AND TEACHING THE INSPIRATION OF THE BIBLE (BOTH THE OLD AND THE NEW TESTAMENTS); THE CREATION OF MAN BY THE DIRECT ACT OF GOD; THE INCARNATION AND VIRGIN BIRTH OF OUR LORD AND SAVIOR, JESUS CHRIST; HIS IDENTIFICATION AS THE SON OF GOD; HIS VICARIOUS ATONEMENT FOR THE SINS OF MANKIND BY THE SHEDDING OF HIS BLOOD ON ON THE CROSS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S CHIEF FINANCIAL OFFICER AND THE FINANCE & AUDIT COMMITTEE OF THE BOARD OF TRUSTEES REVIEWED THE FORM 990 PRIOR TO FILING. FOR PRIVACY REASONS, THE FILED FORM 990, EXCLUDING SCHEDULE B, WAS PROVIDED ELECTRONICALLY TO THE ENTIRE BOARD OF TRUSTEES CONCURRENT WITH ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD IS REQUIRED TO REVIEW AND ACKNOWLEDGE THE CONFLICTS OF INTEREST POLICY ON AN ANNUAL BASIS. THE RESPONSES TO THE CONFLICT OF INTEREST QUESTIONNAIRES ARE REVIEWED AND MAINTAINED TO IDENTIFY ANY CONFLICT. IN THE EVENT A POTENTIAL CONFLICT OF INTEREST ARISES DURING THE YEAR, THE INTERESTED PERSON SHALL RECUSE HIMSELF/HERSELF FROM ALL DISCUSSIONS AND VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION FOR THE CEO, WHICH IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES, IS BASED ON SALARY DATA FROM COMPARABLE UNIVERSITIES TO ENSURE REASONABLENESS. ALL DECISIONS ARE DOCUMENTED. COMPENSATION FOR ALL OTHER KEY EMPLOYEES IS DETERMINED BY THE CEO, AND SALARIES ARE INCLUDED IN THE BJU ANNUAL BUDGET, WHICH IS APPROVED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 DURING THE TAX YEAR, THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS WERE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.