2023-04-17T14:49:07-05:00 2022-05-31 363990892 Capin Crouse LLP 5605 N MacArthur Blvd Suite 210 Irving TX 75038 990 2021-06-01 750859801 East Texas Baptist University EAST 9039357963 One Tiger Drive Marshall TX 75670 Lee S Ferguson VP Fin. Affairs/CFO/Treasurer 9039357963 2023-04-17 1 Lee Ferguson 999009999 Daren Daiga P01074795 5055022746 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z Dr Blair Blackburn One Tiger Drive Marshall TX 75670 69858102 0 X www.etbu.edu X 1912 TX ETBU is a Christ-centered university focused on preparing students to be Christian leaders. 40 39 940 40 0 0 10729687 19712683 43529925 44107232 11514997 5329776 0 0 65774609 69149691 18609451 19904193 0 0 19783007 17448755 51725 0 657727 20042106 25467943 58486289 62820891 7288320 6328800 159814204 165907529 25172148 30658921 134642056 135248608 X East Texas Baptist University (ETBU) was founded in 1912 as a fully accredited institution of higher education. Affiliated with the Baptist General Convention of Texas, ETBU educates students by integrating biblical faith and learning to develop mind, body and soul through community engagement to prepare graduates to be Christian servant leaders in their calling to God and humanity. Our primary focus is on quality academic programs in the humanities, natural and social sciences, fine arts, and business. We are committed to Christian stewardship and to providing and maintaining an environment conducive to learning, leadership development, and academic excellence, serving students of varied ages and of diverse socioeconomic, geographic, cultural, ethnic and religious backgrounds. We affirm that the liberal arts form the surest foundation for education and that the Christian faith provides the surest foundation for life. 0 0 52148606 19904193 44107232 East Texas Baptist University is a fully accredited institution of higher education, and its service is the instruction of students. The mission of the University is to educate students by integrating biblical faith and learning to develop mind, body, and soul through community engagement to prepare graduates to be Christian servant leaders in their calling to God and humanity. For the Fall 2021 semester, the University enrolled 1,519 undergraduate students and 169 graduate students. ETBU students have the choice of studying one of 43 undergraduate and 11 graduate programs offered through the Schools of Business, Christian Studies, Communication and Performing Arts, Humanities, Education, Natural and Social Science, Nursing, and Professional Studies. With a student-to-faculty ratio of 15:1 and an average class size of 20, students receive individualized instruction taught through a Christian worldview and various opportunities to apply course content outside of the classroom. Dedicated faculty and staff are holistically shaping ETBU Tigers into Christian scholars and servant leaders, equipping the next generation to share the Gospel of Christ in their future vocations. 52148606 1 1 0 0 0 0 0 0 0 1 1 1 0 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 1 2398 0 1 940 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 40 39 0 0 0 0 0 1 1 1 1 0 0 1 1 0 1 1 1 1 0 0 X Lee Ferguson 9039232050 One Tiger Drive Marshall TX 75670 Rev James Webb Chair 5.00 X X 0 0 0 Pamela Coursey Vice Chair 3.00 X X 0 0 0 Mike Arnold Secretary 3.00 X X 0 0 0 Judge David Anderson Trustee 1.00 X 0 0 0 Bruce Barnes Trustee 1.00 X 0 0 0 Jason Bell Trustee 1.00 X 0 0 0 Jerry Benson Trustee 1.00 X 0 0 0 Glenn Bickerdike Trustee 1.00 X 0 0 0 Elizabeth Boone Trustee 1.00 X 0 0 0 Leon Carter Trustee 1.00 X 0 0 0 RJ Collins Trustee 1.00 X 0 0 0 Patrick Combs Trustee 1.00 X 0 0 0 Dr Roy Cotton Trustee 1.00 X 0 0 0 Belinda Dennis Trustee 1.00 X 0 0 0 Dr DM Edwards Trustee 1.00 X 0 0 0 Dr Billy C Foote Sr Trustee 1.00 X 0 0 0 Dr Michael Gossett Trustee 1.00 X 0 0 0 Dr Tyrrel Grohman Trustee 1.00 X 0 0 0 Jerry Hamilton Trustee 1.00 X 0 0 0 Susan Henry Trustee 1.00 X 0 0 0 Dr David Higgs Trustee 1.00 X 0 0 0 Keith Hill Trustee 1.00 X 0 0 0 Dr Cary Hilliard Trustee 1.00 X 0 0 0 Rev Leonard Hornsby Trustee 1.00 X 0 0 0 Angela Huffhines Trustee 1.00 X 0 0 0 Tamiko Jones Trustee 1.00 X 0 0 0 Dr Diane Lane Trustee 1.00 X 0 0 0 Andrea Lazenby Trustee 1.00 X 0 0 0 Suzanne McWhorter Trustee 1.00 X 0 0 0 Sam Moseley Trustee 1.00 X 0 0 0 Hon Chris Paddie Trustee 1.00 X 0 0 0 Dr Ben G Raimer Trustee 1.00 X 0 0 0 Sergio Ramos Trustee 1.00 X 0 0 0 Kelli Richardson Trustee 1.00 X 0 0 0 Dan Robbins Trustee 1.00 X 0 0 0 Jana Sims Trustee 1.00 X 0 0 0 Dr Frank Teat Trustee 1.00 X 0 0 0 Melody Thompson Trustee 1.00 X 0 0 0 Jo Ann Whiteside Trustee 1.00 X 0 0 0 Dr Kent Willis Trustee 1.00 X 0 0 0 Dr Blair Blackburn President 40.00 X 511737 0 68365 Lee S Ferguson VP Fin. Affairs/CFO/Treasu 40.00 X 166231 0 34399 Dr Thomas Sanders Secretary 40.00 X 162580 0 23151 Ryan Erwin VP for Athletics 40.00 X 158868 0 13435 Dr Scott Bryant VP for Advancement 40.00 X 125800 0 22046 Dr Barry Evans Dean of School of Business 40.00 X 106917 0 26832 Brian Mayper Head Football Coach 40.00 X 111773 0 15783 Dr Colleen Halupa Dean of Online Education 40.00 X 115924 0 6650 1459830 0 210661 10 0 1 0 Sodexo Inc & Affiliates PO Box 360170 Pittsburgh PA 15262 Foodservice 3165934 Excel Commercial PO Box 211946 Bedford TX 76021 Paint Contractor 1057485 RVP Construction Inc 210 E Loop 390 N Marshall TX 75672 Contractor 878073 Perry's Hometown Flooring Inc 2909 S Washington Ave Marshall TX 75672 Contractor 762299 Service First Janitorial PO Box 600550 Dallas TX 75360 Janitorial Services 605206 33 512962 10547400 8652321 1000 19712683 Tuition & Fees 611310 34289265 34289265 Auxiliary Enterprises 611710 9053595 9053595 Other Program Revenue 900099 764372 764372 44107232 3823896 3823896 2214291 708411 1505880 1505880 1505880 69149691 44107232 0 5329776 19904193 19904193 1004893 851173 138049 15671 52005 44050 7144 811 11687960 9392339 2061599 234022 827185 667290 147619 12276 2826832 1705878 1104465 16489 1049880 898073 132812 18995 10575 10575 68652 68652 375582 375582 5264111 3318917 1843509 101685 557957 2611 435346 120000 3459150 2268591 1141974 48585 349745 334884 11191 3670 4159854 2440855 1689837 29162 1524848 1412051 95290 17507 675182 646492 21605 7085 3027382 2898740 96873 31769 632436 632436 Student Services 4153438 4153438 Auxiliary Services 418512 418512 Instructional Expenses 412764 412764 Academic Support 377755 377755 62820891 52148606 10014558 657727 136517 268790 880217 221490 4707661 3161125 485649 1048678 1450 7159 543558 272156 118446936 44665402 68400957 73781534 31234059 27969988 43213800 43906791 363014 707723 12405961 12003456 159814204 165907529 2362009 3407549 1605692 3926131 21204447 23325241 25172148 30658921 X 46729374 45455149 87912682 89793459 134642056 135248608 159814204 165907529 X 6328800 -4777230 -945018 X 0 1 X 1 1 1 X 7552342 5119335 12829597 10729687 19712683 55943644 7552342 5119335 12829597 10729687 19712683 55943644 5542222 50401422 93550 3729760 3881483 3180883 3823896 14709572 278244 3486308 3764552 74417768 214747920 0.67730 0.67250 X Schedule A, Part II, Line 10, Explanation of Other Income: Other Revenue - 2017 Amount: $ 278,244. 2019 Amount: $ 3,486,308. Schedule A, Part II The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and, therefore, qualifies to use the first listed special rule for Schedule B reporting. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 39969339 1551361 -1218498 2214291 38087911 30584804 2659958 8466680 1742103 39969339 31278909 237193 855350 1786648 30584804 33608643 237837 533853 3068156 33268 31278909 56242642 493375 7357504 1344677 29109313 30888 33608643 0.09926 0.90074 0 1 0 1565075 1565075 97578275 33314046 64264229 12552456 10594878 1957578 6751130 756478 5994652 73781534 Perpetual Trusts held by Others 32988271 C HighGround Endowment 4860044 C Real Estate 923157 C Oil & Gas Interest 849230 C Alternative Funds - Private & Public 4286089 C 43906791 Beneficial Interest in Trust 12003456 12003456 45702851 -4777230 -945018 -5722248 51425099 62791 17661801 17724592 69149691 45096299 0 45096299 62791 17661801 17724592 62820891 Part V, Line 4: The purpose of the endowment is to pay out scholarships and carry on the education of students. Schedule D, Part V, Line 1e, column (d) The PY Other Expenses includes an adjustment of $30,279 as reflected through the audited financial statements. Schedule D, Part V, Line 1e, column (e) The PY Other Expenses includes an adjustment of $26,901,539 as reflected through the audited financial statements. Part XI, Line 2d - Other Adjustments: Change in Value of Perpetual Trusts held by Others -542,513. Change in Value of Split Interest Agreements -402,505. Part XI, Line 4b - Other Adjustments: Scholarships 17,661,801. Part XII, Line 4b - Other Adjustments: Scholarships 17,661,801. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The University publicized its racially nondiscriminatory policy on the homepage of its website at all times during its tax year in a manner reasonably expected to be noticed by visitors. Schedule E, Part I, Line 6 ETBU receives federal financial aid in the form of Title IV Funds, including Pell Grant (Pell), Federal Supplemental Educational Opportunity Grant (FSEOG), Federal Direct Student Loans (FDL), Federal TEACH Grants (TEACH), Federal Work Study (FWS), Perkins Loan, Employee Retention Credit (ERC) and Federal Higher Education Emergency Relief Funds (HEERF). ETBU also receives financial aid from the state of Texas and the Texas Higher Education Coordinating Board in the form of Tuition Equalization Grants and Work Study aid. Central America and the Caribbean 0 0 Investments 1550948 0 0 0 0 0 0 1550948 0 1550948 0 0 0 1 1 0 Part III Accounting Method: Sch. F, Part IV, Line 4 The organization has analyzed its ownership in the passive foreign investment company and has determined that it does not meet the reporting thresholds for Form 8621. 1 Educational scholarships 1386 17661801 HEERF Grants 875 2242392 Part I, Line 2: The University enters into their computer system (POISE), as budgeted amounts, the amounts that the Department of Education has allocated to be awarded to eligible students. The Financial Aid Department prints out a fund report from POISE that shows the budget amount, how much has been awarded, and how much is available to be awarded. Then the Financial Aid Department awards to each student who has applied for financial aid and meets the University's qualifications, State, and federal guidelines for financial aid the amount that the student is eligible to receive. The amounts that the student receives are credited to their account at the University, then the University automatically deducts tuition, housing expenses, meal plan expenses, books, and University fees. If there is a balance remaining, it is then refunded to the student. The Financial Aid Department is audited each year by independent certified public accountants. X X 1 1 X X X X 0 1 0 0 0 0 0 1 0 Dr Blair Blackburn President 349030 0 100300 0 62407 0 36658 0 33048 0 581443 0 0 0 Lee S Ferguson VP Fin. Affairs/CFO/Treasu 152667 0 10000 0 3564 0 10567 0 25240 0 202038 0 0 0 Dr Thomas Sanders Secretary 155258 0 5000 0 2322 0 9947 0 14521 0 187048 0 0 0 Ryan Erwin VP for Athletics 155254 0 3000 0 614 0 9689 0 5008 0 173565 0 0 0 Part I, Line 1a Housing Allowance & Personal Services: As a condition of employment, and as a convenience to the University, the President is provided a home on University grounds. The University also provides grounds care and housekeeping for the home since the President hosts functions for the University at his home. The home is provided as a nontaxable benefit to the President because it is required in his contract and he resides there for the convenience of the University. Part I, Line 4b The President received 457(f) plan contributions of $11,667 which was not taxable. Part I, Line 7 The President receives discretionary bonus compensation that is determined based on performance-based goals achieved and approved by the board. Discretionary bonus compensation for officers is determined by the President based on performance. 73100 Scholarships Scholarships Laura Coursey Family Member of Vice Chair 44013 Salary 0 Sodexo Inc & Affiliates Substantial Contributor 3318917 Food Services Contractor 0 Form 990, Part VI, Section A, line 1a The Executive Committee is comprised of the Chairperson of each committee of the board, plus the three officers of the board of trustees and several ad hoc members of the board of trustees. The Executive Committee has authority to act on behalf of the board and works as a smaller representative group of the board of trustees to guide the University in matters related to governance and authority. Form 990, Part VI, Section A, line 7a The Baptist General Convention of Texas, a related organization, appoints a simple majority of the board of trustees for ETBU. Form 990, Part VI, Section A, line 7b The following types of bylaw amendments may be adopted only by prior notice to and approval of the Baptist General Convention of Texas (BGCT), a related organization: (a) increasing or extending the terms of trustees and (b) altering the relationship of ETBU with the BGCT. Form 990, Part VI, Section B, line 11b Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The organization requires all trustees to annually complete and sign a conflict of interest questionnaire. The President and Chairman are responsible for reviewing the signed statements and ensuring that interested persons are in compliance with the conflict of interest policy. Should any potential conflicts of interest be disclosed, the trustee would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Section B, line 15a Line 15a - Compensation for the President is determined using an independent compensation consultant and comparability data. The President's base salary is set in the President's written employment contract, and his/her performance is evaluated annually by the Executive Committee of the board of trustees, based on annual goals and objectives previously set by the board and communicated to the President. The Executive Committee reports the results of this evaluation to the full board, along with its recommendation for a bonus, if any. If the bonus is approved by the board, the bonus is documented in the President's personnel file, communicated to the Vice President for Financial Affairs, and added to his/her pay at the next pay period. Line 15b - The President conducts a performance evaluation of each officer every fiscal year. Any merit salary increases for officers are based upon this evaluation and comparative data from several recognized higher education organizations. If warranted, a merit increase will be communicated to the officer upon the renewal of their annual contracts. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy and financial statements are available upon request. Form 990, Part XI, line 9: Change in Value in Perpetual Trusts held by Others -542,513. Change in Value in Split Interest Agreements -402,505. Baptist General Convention of Texas 7557 Rambler Rd Ste 1200 Dallas TX 75231 756044885 Convention of churches TX 501(c)(3) Line 1 N/A 0 HighGround Advisors 1717 Main St Ste 1400 Dallas TX 752014622 750891441 Investment management TX 501(c)(3) Line 7 Baptist General Convention of Texas 0 Charitable Remainder Unitrusts (10) Hold assets & remit income to the University TX East Texas Baptist University T 1 Perpetual Trusts (57) Hold assets & remit income to the University TX East Texas Baptist University T 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0