2023-11-15T08:38:25-00:00 2022-12-31 581910650 The Wesley Peachtree Group CPAs 1475 Klondike Road Suite 100 Conyers GA 30094 990 2022-01-01 205239134 Reformed University Inc REFO 7702322717 1724 Atkinson Road Lawrenceville GA 300435604 Dr Jin O Jeong President 7702322717 2023-11-15 true Dr Jin Jeong 999009999 Dane Alexander P01684380 4048740555 2023-11-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Dr Jin O Jeong 1724 Atkinson Road Lawrenceville GA 30043 1783898 false X www.runiv.edu X 2012 GA Provide education in theology, divinity, religious education, ministerial training, business and organizationa leadership. 5 5 16 2 0 27726 114250 1461007 1647492 0 22156 1488733 1783898 1050 11916 0 57250 102250 0 0 711899 952112 770199 1066278 718534 717620 2644823 3356644 1274151 1268352 1370672 2088292 Provide education in theology, divinity, religious education, ministerial training, business and organizationa leadership. false false 593741 11916 1647492 A Christian institution committed to excellence in theological education based in the Reformed Christian tradition, and a competitive business school, dedicated to preparing our students to the challenges of the marketplace. 593741 true false false false false false false false false false true false false false true false false false true false false false false false false false false false true false false false false false false false false false false false false false false false false false false true 40 0 16 true false false false false false false false false false false false false X 5 5 false true false false false false false true true false true true true true true true false true true true false GA Ok Ran Lee 7702322717 1724 Atkinson Road Lawrenceville GA 30043 Dr Jin O Jeong President 040.00 001.00 X 54750 0 0 Sung Eun Hwang Vice President 040.00 001.00 X 44500 0 0 Bolor Purevragchaa CFO 040.00 001.00 X 3000 0 0 Pyeong Rack Jeong Chair 001.00 001.00 X X 0 0 0 Dennis Duane Didion Vice Chair 001.00 001.00 X X 0 0 0 Dong Soon Park Trustee 001.00 001.00 X 0 0 0 Seok Won Sohn Trustee 001.00 001.00 X 0 0 0 Moon Sook Kim Trustee 001.00 001.00 X 0 0 0 Dr Jae Sig Park Former President 040.00 001.00 X 0 0 0 102250 false false false 114250 114250 Tuition and fees 611420 1647492 1647492 1647492 Other Income 900099 22156 22156 22156 1783898 1669648 0 11916 11916 0 0 102250 102250 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Instruction 485015 485015 Academic Support 94359 94359 Student Services 2451 2451 Institutional Support 370287 370287 0 1066278 593741 472537 0 1472935 2239360 14680 64252 46951 400000 360000 921232 230484 707636 690748 4905 2644823 3356644 65687 63967 724878 735105 333586 315514 150000 149406 4360 1274151 1268352 X 1370672 2088292 1370672 2088292 2644823 3356644 717620 X X false false X true false X false 259740 259740 461760 108138 353622 83000 16412 66588 80932 70134 10798 35800 35800 690748 Financial derivatives and other financial products Closely-held equity interests Federal income taxes Lease liability - copier 4360 4360 true true true true true true true false false false false false false false false true false true 6a The University offers scholarships and student financial aid to assist with meeting the students financial obligations. The Financial Aid Office has the necessary policies and procedures to ensure that the University adheres to and complies with federal regulations regarding eligibility for student financial aid. Requirements for receiving scholarships depend upon other factors, such as grade point average, family income or economic need. 6b The University has not complied with certain administrative requirements for participation in the Title IV programs and the request for funds has been restricted. Accordingly, the University is not allowed to receive any Title IV funds from the U.S. Department.of Education. true Privately Funded Student Scholarships 8 11916 Part III Line 1 All scholarships are awarded based upon specific criteria maintained by the financial aid office. Requirements for receiving scholarships depend upon other factors, such as grade point average, family income or economic need. The Universitys financial aid staff monitors the eligibility guidelines to ensure compliance. The University also undergoes the required Uniform Guidance audit annually. Form 990, Part VI, Section B, Line 11b The Form 990 is reviewed by the President. Upon completion of the Presidents review, the return is submitted to the Board of Trustees for their approval. The Board of Trustees directs any recommended revisions to the President and Chief Financial Officer for consideration. Form 990, Part VI, Section B, Line 12c Board members shall disclose to the Board any possible conflict of interest at the earliest practical time. A Board member shall not vote on any matter, under consideration at a Board or committee meeting, in which the member has a conflict of interest. The minutes of such meeting shall reflect that a disclosure was made and that the member having a conflict of interest abstained from voting. Any Board member who is uncertain whether a conflict of interest may exist in any matter may request the Board or committee to resolve the question by a majority vote. Form 990, Part VI, Section B, Line 15a The compensation for the University President is determined and approved by the Board. Form 990, Part VI, Section B, Line 15b The compensation for the officers and key employees is determined and approved by the President. Form 990, Part VI, Section B, Line 19 The University makes its governing documents, conflict of interest policy and financial statements available to the public upon request. Form 990, Part XII, Line 3b The University is in the process of undergoing the required audits.