2025-05-13T13:13:08-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 900 ORLANDO FL 32801 990 2023-07-01 586044761 POINT UNIVERSITY INC POIN 7063851000 507 WEST 10TH STREET WEST POINT GA 31833 DR DEAN C COLLINS PRESIDENT 7063851017 2025-05-12 1 0 AMY CHAPMAN P00843460 4078021200 2025-05-12 2023 2025-03-06 01:10:19Z DR DEAN C COLLINS 507 WEST 10TH STREET WEST POINT GA 31833 43755665 0 X WWW.POINT.EDU X 1928 GA TO EDUCATE STUDENTS FOR CHRIST-CENTERED SERVICE AND LEADERSHIP THROUGHOUT THE WORLD. 17 17 633 17 621416 0 5425595 8479434 31243163 34101111 -72877 172168 407588 524905 37003469 43277618 12344937 16428464 0 0 13845266 14543764 0 40229 1220588 13907135 12587155 40097338 43599612 -3093869 -321994 49008098 42076568 30281888 23672352 18726210 18404216 TO EDUCATE STUDENTS FOR CHRIST-CENTERED SERVICE AND LEADERSHIP THROUGHOUT THE WORLD. 0 0 37377289 16428464 34004600 POINT UNIVERSITY OFFERS ASSOCIATE DEGREE PROGRAMS, BACHELOR'S DEGREE PROGRAMS, MASTER'S DEGREE PROGRAMS, AND CERTIFICATE PROGRAMS IN THE ACADEMIC AREAS OF BIBLICAL STUDIES AND MINISTRY, BUSINESS AND LEADERSHIP, SOCIAL AND BEHAVIORAL SCIENCES AND HUMAN SERVICES, EDUCATION, HUMANITIES, MUSIC, BIOLOGY, AND EXERCISE AND HEALTH SCIENCES (NOT ALL ACADEMIC AREAS AT ALL LEVELS). OVER 2,000 STUDENTS ARE ENROLLED IN THE RESIDENTIAL PROGRAM AT WEST POINT, THE ONLINE PROGRAM, AND OFF-SITE LOCATIONS (PEACHTREE CITY AND SAVANNAH IN GEORGIA). 37377289 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 1 0 0 1 0 0 0 1 0 1 0 0 0 1 3426 0 1 633 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 GA X SENA LANDEY INTERIM CFO 7063851000 507 WEST 10TH STREET WEST POINT GA 31833 ANDRE' T KENNEBREW TRUSTEE/CHAIR 0.50 X X 0 0 0 DR FAITH SIMPSON TRUSTEE/VICE CHAIR 0.50 X X 0 0 0 DAVID MCDANIEL TRUSTEE/TREASURER & SECRETARY 0.50 X X 0 0 0 MARVIN BUSSEY TRUSTEE 0.50 X 0 0 0 KHALILAH COOPER TRUSTEE 0.50 X 0 0 0 RANDY CORDELL TRUSTEE 0.50 X 0 0 0 ROBERT M BOBDAY TRUSTEE 0.50 X 0 0 0 DAVID A DEETER TRUSTEE 0.50 X 0 0 0 JEREMY FINE TRUSTEE 0.50 X 0 0 0 J ROSS GREENE TRUSTEE 0.50 X 0 0 0 T CAMPBELL CAM HUXFORD TRUSTEE 0.50 X 0 0 0 ROB RAYNOR TRUSTEE 0.50 X 0 0 0 AMORY SCOTT TRUSTEE 0.50 X 0 0 0 DERRICK SHIELDS TRUSTEE (THRU 09/23) 0.50 X 0 0 0 DR JIM SLODERBECK TRUSTEE 0.50 X 0 0 0 ALAN STITH TRUSTEE (THRU 09/23) 0.50 X 0 0 0 ANDREW STITH TRUSTEE 0.50 X 0 0 0 DR DEAN C COLLINS PRESIDENT 40.00 X 231190 0 47566 STEPHEN T WEAVER PROFESSOR - BUSINESS 40.00 X 136075 0 20405 STACEY A BARTLETT CHIEF OF STAFF 40.00 X 122336 0 14803 JEFFREY A HAVERLY PROFESSOR - BUSINESS 40.00 X 116189 0 29461 MARGARET HODGE HR DIRECTOR 40.00 X 100951 0 13378 STEPHEN WAERS CHIEF ACADEMIC OFFICER 40.00 X 108563 0 33618 815304 0 159231 6 0 1 0 RISEPOINT LLC (WILEY EDULLC) 111 RIVER ST HOBOKEN NJ 07030 MIX OF E-LEARNING SERVICES FOR ONLINE ST 1663083 SAGE DINING SERVICES INC 1402 YORK ROAD LUTHERVILLE MD 21093 DINING HALL SERVICES 1080158 PENN CLEANING AND SOLUTIONS LLC TOTAL 75 RIVERSIDE STREET FRANKLIN GA 30217 JANITORIAL/CLEANING SERVICE 374230 ANTHOLOGY INC PO BOX 850001 ORLANDO FL 32885 SOFTWARE MAINTENANCE AND SUPPORT. 373247 ELLUCIAN COMPANY LLC 2003 EDMUND HALLEY DR STE 500 RESTON VA 20191 SOFTWARE MAINTENANCE AND SUPPORT. 254985 12 307200 8172234 276332 8479434 TUITION AND FEES 611710 26422725 26422725 AUXILIARY SERVICES 611710 7056970 7056970 GOLF COURSE SALES 713910 621416 621416 34101111 183783 183783 466432 478047 -11615 -11615 -11615 MISCELLANEOUS REVENUE 900099 524905 524905 524905 43277618 34004600 621416 172168 15541117 15541117 887347 887347 289386 289386 11487371 10342251 519363 625757 204148 183304 13407 7437 1730180 1505568 163526 61086 832679 722138 81241 29300 1149905 264944 748917 136044 24500 24500 130639 130639 40229 40229 1585607 374601 1058885 152121 212896 192424 20472 697313 616089 73491 7733 1720593 1457803 231651 31139 474850 474850 2462951 1750184 709104 3663 756657 731918 18366 6373 853616 723241 114926 15449 1107481 938268 149162 20051 695747 50202 643506 2039 ATHLETIC EXPENSE 328116 328116 COURSE EXPENSES 198358 175253 20905 2200 EVENTS 119887 61500 22 58365 68039 56171 10738 1130 43599612 37377289 5001735 1220588 4248356 807334 6095563 6196915 87590 314043 3475646 2104184 261094 261094 2234935 1166042 39863623 14632553 26022217 25231070 1728565 1875332 4854132 4120554 49008098 42076568 4452764 3296022 1966991 1380980 18953094 14766202 4909039 4229148 30281888 23672352 X 13211949 12728633 5514261 5675583 18726210 18404216 49008098 42076568 -321994 0 X 0 1 X 1 1 1 X 8117665 11893101 13418657 5425595 8479434 47334452 8117665 11893101 13418657 5425595 8479434 47334452 9980968 37353484 812306 1006847 194624 63750 183783 2261310 49595762 129829424 0.75320 0.63790 X 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 QUALIFIES TO USE THE FIRST LISTED SPECIAL RULE FOR SCHEDULE B REPORTING. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5426988 164408 128899 5720295 5259269 167719 5426988 4923245 149800 186224 5259269 4697342 38913 186990 4923245 4547629 31036 118677 4697342 0.19280 0.61350 0.19370 0 0 7611163 7611163 20564519 6105773 14458746 4949115 2339151 2609964 5271912 4912138 359774 1466914 1275491 191423 25231070 RIGHT OF USE ASSETS - OPERATING 4093737 RIGHT OF USE ASSETS - FINANCE 26817 4120554 LEASE LIABILITY - OPERATING 4200384 LEASE LIABILITY - FINANCING 28764 4229148 X 26849154 -16428464 -16428464 43277618 0 43277618 27171148 0 27171148 16428464 16428464 43599612 PART V, LINE 4: THE FUNDS ARE INVESTED FOR THE PURPOSE OF GRANTING ANNUAL ACADEMIC SCHOLARSHIPS TO STUDENTS OF POINT UNIVERSITY IN PERPETUITY AND IN ACCORDANCE WITH DONOR STIPULATIONS. FOLLOWING THE END OF THE FISCAL YEAR, THE UNIVERSITY OBTAINED APPROVAL FROM THE GEORGIA ATTORNEY GENERAL TO RECLASSIFY APPROXIMATELY $1.5 MILLION IN ENDOWMENT FUNDS FROM NET ASSETS WITH DONOR RESTRICTIONS TO NET ASSETS WITHOUT DONOR RESTRICTIONS. THIS RECLASSIFICATION WAS BASED ON THE DETERMINATION UNDER THE STATE'S UPMIFA LAW THAT THE RESTRICTIONS OUTLINED IN THE GIFT INSTRUMENTS RENDERED THE USE OF THE FUNDS IMPRACTICABLE, IMPOSSIBLE TO ACHIEVE, OR WASTEFUL. THE UNIVERSITY WILL ENSURE THAT THE FUNDS ARE UTILIZED IN A MANNER CONSISTENT WITH THE PURPOSES EXPRESSED IN THE ORIGINAL GIFT INSTRUMENTS. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE COLLEGE QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE UNIVERSITY IS SUBJECT TO FEDERAL INCOME TAX ONLY ON NET UNRELATED BUSINESS INCOME UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY HAS EVALUATED ITS TAX POSITIONS AND DETERMINED IT HAS NO UNCERTAIN TAX POSITIONS AND HAS NOT RECORDED ANY OBLIGATIONS FOR UNRELATED BUSINESS INCOME TAX. PART XI, LINE 2D - OTHER ADJUSTMENTS: STUDENT AID -16,428,464. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID 16,428,464. 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 COLLEGE ISSUES ITS CATALOG AND VIEWBOOKS FOR PUBLIC INSPECTION, BOTH DISCLOSE THE NONDISCRIMINATORY POLICY. THE SCHOOL DRAWS A SUBSTANTIAL PERCENTAGE OF STUDENTS NATIONWIDE AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES GOVERNMENTAL SUPPORT TO AID STUDENTS NEEDING EDUCATIONAL ASSISTANCE. MONIES ARE AWARDED THROUGH THREE FEDERAL PROGRAMS: PELL GRANT, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT, AND THE FEDERAL WORK STUDY. IN ADDITION THE UNIVERSITY RECEIVES STATE SUPPORT FOR STUDENTS NEEDING EDUCATIONAL ASSISTANCE. 0 0 0 0 0 0 0 0 0 0 SCHOLARSHIPS AND FINANCIAL AID CENTRAL AMERICA AND THE CARIBBEAN 3 47879 N/A N/A SCHOLARSHIPS AND FINANCIAL AID EAST ASIA AND THE PACIFIC 4 64500 N/A N/A SCHOLARSHIPS AND FINANCIAL AID EUROPE (INCLUDING ICELAND & GREENLAND) 17 329477 N/A N/A SCHOLARSHIPS AND FINANCIAL AID NORTH AMERICA 4 74400 N/A N/A SCHOLARSHIPS AND FINANCIAL AID RUSSIA AND NEIGHBORING STATES 1 22000 N/A N/A SCHOLARSHIPS AND FINANCIAL AID SOUTH AMERICA 10 208491 N/A N/A SCHOLARSHIPS AND FINANCIAL AID SUB-SAHARAN AFRICA 8 140600 N/A N/A 0 0 0 0 0 0 X X X X 1 DEVELOPMENT SERVICES GROUP INC 4258 RIDGEGATE DRIVE PEACHTREE CORNERS GA 30097 MAJOR DONOR CULTIVATION AND SPECIAL EVENTS 0 0 40229 -40229 40229 -40229 1 SCHOLARSHIPS AND FINANCIAL AID 1208 14308490 N/A N/A PART I, LINE 2: GRANTS ARE PRIMARILY MONITORED IN THE FINANCIAL AID DEPARTMENT THROUGH THE UTILIZATION OF WRITTEN AND ELECTRONIC DOCUMENTATION. STUDENTS RECEIVING GRANTS AND SCHOLARSHIPS ARE DEEMED WORTHY BY THE COLLEGE'S ASSESSMENT ON THE BASIS OF ACHIEVEMENT AND FINANCIAL NEED. X 1 1 X 0 0 0 0 0 0 0 0 0 DR DEAN C COLLINS PRESIDENT 229870 0 0 0 1320 0 7215 0 40351 0 278756 0 0 0 STEPHEN T WEAVER PROFESSOR - BUSINESS 136075 0 0 0 0 0 2852 0 17553 0 156480 0 0 0 PART I, LINE 1A AN ANNUAL, NONTAXABLE, HOUSING ALLOWANCE OF $34,500 IS PROVIDED TO THE PRESIDENT, WHO IS AN ORDAINED MINISTER. RISEPOINT LLC (WILEY EDULLC) RISEPOINT LLC IS A SUBSTANTIAL CONTRIBUTOR OF THE ORGANIZATION 1663083 RISEPOINT LLC WAS PAID FOR PROVIDING MIX OF E-LEARNING SERVICES FOR ONLINE STUDENTS. 0 HONORBUILT LLC A BOARD MEMBER OF THE UNIVERSITY IS THE CEO OF HONORBUILT LLC 60000 HONORBUILT HAS A SUBSCRIPTION WITH THE UNIVERSITY'S ONLINE PROGRAM. 0 X 5 276332 PUBLISHED MKT PRICE 0 1 1 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING IN PART I, COLUMN (B) THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1A THE MEMBERSHIP OF THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE ELECTED OFFICERS OF THE BOARD OF TRUSTEES AND THE CHAIRMEN OF THE STANDING COMMITTEES OF THE BOARD OF TRUSTEES CREATED BY THESE BYLAWS. THE CHAIRMAN OF THE BOARD OF TRUSTEES SHALL BE THE CHAIRMAN OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL BE EMPOWERED TO TAKE EMERGENCY ACTION FOR THE BOARD OF TRUSTEES WHEN CIRCUMSTANCES DO NOT PERMIT CALLING A SPECIAL MEETING OF THE ENTIRE BOARD OF TRUSTEES OR WHEN A QUORUM OF THE BOARD OF TRUSTEES CANNOT BE OBTAINED AT A CALLED SPECIAL MEETING. A MAJORITY OF THE MEMBERS OF THE EXECUTIVE COMMITTEE SHALL CONSTITUTE A QUORUM OF THE COMMITTEE FOR ACTION BY THE COMMITTEE. ACTIONS OF THE EXECUTIVE COMMITTEE SHALL BE REPORTED TO THE BOARD OF TRUSTEES AND BE SUBJECT TO DISCUSSION AND RATIFICATION AT THE NEXT REGULAR MEETING OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B AS A MATTER OF PROCEDURE, THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE FORM 990. THE EXECUTIVE COMMITTEE PRESENTS A REPORT OF ITS REVIEW TO THE BOARD OF TRUSTEES. A COPY OF THE FORM 990 IS PROVIDED TO THE COLLEGE'S BOARD OF TRUSTEES PRIOR TO SUBMISSION WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS ANNUALLY DISTRIBUTED TO TRUSTEES, OFFICERS, AND CERTAIN IDENTIFIED AGENTS AND KEY EMPLOYEES TO ASSIST THEM IN CONSIDERING SUCH DISCLOSURES, BUT DISCLOSURE IS APPROPRIATE AND REQUIRED AT ANY TIME CONFLICTS OF INTEREST MAY OCCUR. THE WRITTEN NOTICES OF DISCLOSURES SHALL BE FILED WITH THE CEO OR SUCH OTHER PERSON DESIGNATED BY THE CEO TO RECIEVE SUCH NOTIFICATIONS. AT THE MEETING OF THE TOP GOVERNING BODY, ALL DISCLOSURES OF REAL OR PERCEIVED CONFLICTS OF INTEREST SHALL BE NOTED FOR THE RECORD IN THE MINUTES. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT'S COMPENSATION IS REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. COMPARATIVE DATA FROM SIMILAR COLLEGES AND UNIVERSITIES IS OBTAINED ANNUALLY TO ASSIST IN DETERMINING COMPENSATION LEVELS. THIS PROCESS IS DOCUMENTED IN THE BOARD MINUTES UPON COMPENSATION APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 POINT UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. POINT UNIVERSITY GOLF CLUB LLC 2001 COUNTRY CLUB ROAD LANETT AL 36863 473728196 GOLF COURSE AL 621416 7503024 POINT UNIVERSITY POINT UNIVERSITY - FOUNDRY LLC 507 WEST 10TH STREET WEST POINT GA 31833 REAL ESTATE GA 0 1433962 POINT UNIVERSITY POINT UNIVERSITY PROPERTIES LLC 507 WEST 10TH STREET WEST POINT GA 31833 REAL ESTATE GA 0 1535593 POINT UNIVERSITY PU PROPERTIES LLC 507 WEST 10TH STREET WEST POINT GA 31833 814900384 REAL ESTATE GA 0 0 POINT UNIVERSITY