2022-03-01T09:38:46-06:00 2021-06-30 BKD LLP 14241 DALLAS PARKWAY SUITE 1100 DALLAS TX 75254 990 2020-07-01 640303069 Belhaven University % JESSICA SHORT BELH 6019688773 1500 Peachtree Street Jackson MS 39202 SHERYL VITTITOE CFO 6019688705 2022-05-16 true Sheryl Vittitoe 999009999 Jeanette Verrelli P00742631 9727028262 2022-05-16 3 2020 2022-09-23 18:48:47Z ROGER PARROTT 1500 PEACHTREE STREET JACKSON MS 39202 97481289 false X WWW.BELHAVEN.EDU X 1883 MS BELHAVEN UNIVERSITY (BELHAVEN) IS A CHRISTIAN LIBERAL ARTS UNIVERSITY DEDICATED TO EXCELLENCE IN CHRISTIAN HIGHER EDUCATION. 27 25 1057 27 0 0 7904650 25231431 54683961 57564010 -377579 480342 326494 197535 62537526 83473318 11418409 14321098 0 0 25861616 25286604 0 0 6326627 17968653 21140836 55248678 60748538 7288848 22724780 66855068 91182185 26559812 26017267 40295256 65164918 X BELHAVEN UNIVERSITY PREPARES STUDENTS ACADEMICALLY AND SPIRITUALLY TO SERVE JESUS CHRIST IN THEIR CAREERS, IN HUMAN RELATIONSHIPS, AND IN THE WORLD OF IDEAS. false false 44229302 14321098 52993053 BELHAVEN UNIVERSITY (BELHAVEN), IS A CHRISTIAN LIBERAL ARTS UNIVERSITY DEDICATED TO EXCELLENCE IN CHRISTIAN HIGHER EDUCATION. BELHAVEN'S RICH LEGACY WITH A CHRISTIAN CURRICULUM IS CENTERED ON THE BIBLICAL WORLDVIEW. THIS UNIQUE WORLDVIEW CURRICULUM SEAMLESSLY INTERTWINES HISTORY, LITERATURE, ART, MUSIC, AND PHILOSOPHY INTO A CHRONOLOGICAL CORE CURRICULUM FOR ALL INCOMING FRESHMEN AND SOPHOMORES. BELHAVEN HAS RECEIVED NATIONAL RECOGNITION FOR ITS ACADEMIC PROGRAMS AND AFFORDABILITY, AND THE COLLEGE HAS EARNED REGIONAL ACCREDITATION BY THE COMMISSION ON COLLEGES OF THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS (SACS). BELHAVEN IS NATIONALLY ACCREDITED IN ALL FOUR OF THE ARTS: DANCE, MUSIC, THEATRE, AND VISUAL ART. OFFERING 70 AREAS OF STUDY INCLUDING ACADEMIC MAJORS AND CONCENTRATIONS AND A 12:1 STUDENT TO FACULTY RATIO FOR THE TRADITIONAL UNDERGRADUATE PROGRAM, BELHAVEN PROVIDES A CLOSE-KNIT LEARNING COMMUNITY WHERE STUDENTS SEE THE COLLEGE'S VISION AND MISSION LIVED OUT IN THE LIVES OF FACULTY MEMBERS. ACCREDITED ONLINE DEGREE PROGRAMS ARE ALSO AVAILABLE FOR STUDENTS WHO DESIRE DISTANCE LEARNING WITH A CHRISTIAN CURRICULUM. BELHAVEN HAS AN ENROLLMENT OF APPROXIMATELY 6,500 STUDENTS, INCLUDING APPROXIMATELY 5,500 STUDENTS ENROLLED IN ITS NONTRADITIONAL PROGRAM. 2441937 4647320 AUXILIARY EXPENSES-DORMITORIES, CAFETERIA, VENDING MACHINES, BOOKSTORE AND POST OFFICE. 46671239 true true false false false true false true false true true false false false true false true false true false true false true false true false false false true true false false false true false false false true true false false false false false false false false true 43 0 true 1057 true false false false false false true true false false false false false false false false false X 27 25 false false false false false false false true true false false true true true true true true true true false X JESSICA SHORT 6019688773 1500 PEACHTREE STREET JACKSON MS 39202 X ROGER L PARROTT PRESIDENT 40.0 0.0 X 444972 0 93055 DAVID S TARRANT CFO 40.0 0.0 X 188369 0 16936 KEVIN RUSSELL VP FOR ENROLLMENT & UNIV MKTG 40.0 0.0 X 143768 0 22129 BRADFORD M SMITH PROVOST 40.0 0.0 X 156600 0 619 AUDREY J KELLEHER VP FOR ADULT, GRAD & ONLINE 40.0 0.0 X 146448 0 600 SCOTT A LITTLE VP & Director of Athletics 40.0 0.0 X 131565 0 8006 JEFF L RICKELS VP FOR UNIVERSITY ADVANCEMENT 40.0 0.0 X 123241 0 14624 SAMUEL BLAINE MCCORKLE HEAD FOOTBALL COACH 40.0 0.0 X 111196 0 8345 CAL WELLS PAST BOARD CHAIRMAN 1.0 0.0 X X 0 0 0 JIMMY HOOD CHAIRMAN 1.0 0.0 X X 0 0 0 CHARLES CANNADA VICE CHAIRMAN 1.0 0.0 X X 0 0 0 EARL FYKE III TRUSTEE 1.0 0.0 X 0 0 0 ALAN WALTERS TRUSTEE 1.0 0.0 X 0 0 0 WAYNE HUSBAND TRUSTEE 1.0 0.0 X 0 0 0 DOLPHUS WEARY TRUSTEE 1.0 0.0 X 0 0 0 GAINES STURDIVANT TRUSTEE 1.0 0.0 X 0 0 0 CHARLES DOTY TRUSTEE 1.0 0.0 X 0 0 0 RICK WHITLOCK TRUSTEE 1.0 0.0 X 0 0 0 VERNE KENNEDY TRUSTEE 1.0 0.0 X 0 0 0 LIZA LOOSER TRUSTEE 1.0 0.0 X 0 0 0 MARK WINDHAM TRUSTEE 1.0 0.0 X 0 0 0 FORREST BERRY TRUSTEE 1.0 0.0 X 0 0 0 JERRY YOUNG TRUSTEE 1.0 0.0 X 0 0 0 LEISHA PICKERING TRUSTEE 1.0 0.0 X 0 0 0 STEVE EDWARDS TRUSTEE 1.0 0.0 X 0 0 0 VIRGINIA MORRIS TRUSTEE 1.0 0.0 X 0 0 0 SAMUEL LANE TRUSTEE 1.0 0.0 X 0 0 0 MIKE HARRELL TRUSTEE 1.0 0.0 X 0 0 0 PETER JERNBERG TRUSTEE 1.0 0.0 X 0 0 0 LEX TAYLOR III SECRETARY 1.0 0.0 X X 0 0 0 ROBBIE HUGHES TRUSTEE 1.0 0.0 X 0 0 0 KAREN TAYLOR TRUSTEE 1.0 0.0 X 0 0 0 SCOTT CASTLEMAN TRUSTEE 1.0 0.0 X 0 0 0 TRAY HAIRSTON TRUSTEE 1.0 0.0 X 0 0 0 WILL VISE TRUSTEE 1.0 0.0 X 0 0 0 1446159 0 164314 8 false true false MMI DINING SYSTEMS 100 REDFERN PLACE FLOWOOD MS 39232 FOOD SERVICE 1147657 TERRY SERVICE INC 1000 RED FERN PLACE RIDGELAND MS 39157 HVAC REPAIRS 956323 BM CONSTRUCTION 2691 W MT CREEK RD FLORENCE MS 39073 CONSTRUCTION 272069 BUSINESS COMMUNICATIONS INC 442 HIGHLAND COLONY PKWY RIDGELAND MS 39157 IT SERVICES 783151 ELLUCIAN CO LP 4375 FAIR LAKES COURT FAIRFAX VA 22033 TECH SERVICES 285835 9 16699 8173695 17041037 15088885 25231431 Tuition & Fees 611310 52993053 52993053 Auxiliary Enterprises 611710 90272 90272 Housing Revenue 721310 4480685 4480685 57564010 192109 192109 0 0 89167 89167 0 89167 89167 14235070 13844802 102035 390268 -102035 288233 288233 9875 16699 15229 -5354 -5354 0 0 0 83264 45905 37359 37359 Miscellaneous Revenues 900099 76363 76363 76363 83473318 57640373 601514 0 14122900 14122900 198198 198198 0 1490932 452516 900551 137865 0 19721393 14416975 1276178 4028240 501795 353623 49238 98934 2115416 1569947 112266 433203 1457068 1026820 142972 287276 0 99357 99357 76070 76070 0 0 11469 11469 4258725 3319233 833770 105722 2243952 2024139 219813 2448071 690674 1754238 3159 0 0 2517461 1212321 1305140 0 444468 373374 69453 1641 0 103923 99004 4435 484 981662 959517 0 22145 0 2650590 2149231 44333 457026 444440 360374 7434 76632 Departmental Expenses 2682675 2524974 153626 4075 BAD DEBT EXPENSES 654868 0 654868 Repairs and Maintenance 640504 21688 618816 Dues and Subscriptions 574211 496981 66557 10673 308390 298750 4956 4684 60748538 46671239 7750672 6326627 4968277 2171919 0 11564988 464050 318778 3169593 2893352 79000 26000 0 0 16657 0 0 0 141616 116783 96546280 44970781 51843542 51575499 6062215 22404748 58850 58850 0 0 0 0 51268 51268 66855068 91182185 1428123 3924400 0 0 4052485 3513311 0 0 0 0 0 0 19210623 17313988 0 0 1868581 1265568 26559812 26017267 X 32487727 41625119 7807529 23539799 40295256 65164918 66855068 91182185 X 22724780 1596453 548429 X false true X true true true X 2063186 2136600 4111536 7904650 25231431 41447403 0 0 2063186 2136600 4111536 7904650 25231431 41447403 20792388 20655015 471062 618250 416505 381180 281276 2168273 0 558949 191572 403384 59574 83264 1296743 44912419 287652520 0.45989 0.42150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 5000000 5603506 true true 152000 X X DISPLAYED IN UNIV LIBRARY false 5763768 338222 1442367 172753 35801 7335803 6127800 150622 -136461 344840 4 33349 5763768 5526597 224217 317521 294985 -382434 27984 6127800 5441893 99459 303547 273000 16459 28843 5526597 5109323 102200 402916 269000 -125481 29027 5441893 0.70000 0.30000 false false 2467976 2467976 68987468 26781389 42206079 29257 25880 3377 24633680 17926271 6707409 427899 237241 190658 51575499 0 Interest Rate Swap 1009720 Funds held for others 19996 Annuities Payable 65721 DEFERRED LEASE LIABILITY 54176 SECURITY DEPOSITS 53904 CAPITAL LEASE OBLIGATIONS 62051 1265568 71343379 1596453 -13772297 -12175844 83519223 -45905 -45905 83473318 46473717 46277 46277 46427440 14321098 14321098 60748538 SCHEDULE D, PART III, LINE 4 COLLECTIONS OF ART: THE UNIVERSITY'S WARREN A. HOOD LIBRARY ON THE UNIVERSITY'S CAMPUS, PERMANENTLY DISPLAYS A BOEHM PORCELAIN BIRD COLLECTION. ALSO ON DISPLAY THROUGHOUT THE BUILDING ARE NUMEROUS PIECES FROM THE BELHAVEN PERMANENT ART COLLECTION. SCHEDULE D, PART V, LINE 4 ENDOWMENT FUNDS: BELHAVEN UNIVERSITY'S ENDOWMENT FUNDS ARE MADE UP OF ENDOWED SCHOLARSHIPS. ENDOWED SCHOLARSHIPS ARE ESTABLISHED AND NAMED BY INDIVIDUAL DONORS WISHING TO PROVIDE PERPETUAL ASSISTANCE TO BELHAVEN STUDENTS. SCHOLARSHIPS ARE AWARDED BY THE OFFICE OF STUDENT FINANCIAL PLANNING IN ACCORDANCE WITH THE CRITERIA ESTABLISHED BY THE DONOR. ENDOWED SCHOLARSHIPS ARE DESIGNED TO PRESERVE AND GROW THE ORIGINAL PRINCIPAL BY PAYING OUT MINIMAL SCHOLARSHIP AMOUNTS EACH ACADEMIC YEAR AND ACCUMULATING ANY EXCESS EARNINGS. SCHEDULE D, PART XI, LINE 2D RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS WITH RETURN: SCHOLARSHIPS & FINANCIAL AID $(14,321,098) GAIN ON INTEREST RATE SWAP 548,429 OTHER RECONCILING DIFFERENCE 372 ---------------- TOTAL $(13,772,297) Schedule D, Part XI Line 4b RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS WITH RETURN: COST OF GOODS SOLD $(45,905) Schedule D, Part XII Line 2d RECONCILIATION OF EXPENSES PER AUDITED FINANCIAL STATEMENTS WITH RETURN: COST OF GOODS SOLD $45,905 OTHER RECONCILING DIFFERENCE 372 ----------------- TOTAL $46,277 Schedule D, Part XII Line 4b RECONCILIATION OF EXPENSES PER AUDITED FINANCIAL STATEMENTS WITH RETURN: SCHOLARSHIPS & FINANCIAL AID $14,321,098 Schedule D, Part X, Line 2 ASC 740 FOOTNOTE: MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 NONDISCRIMATORY POLICY: THE NONDISCRIMINATORY POLICY IS STATED IN ALL BROCHURES, CATALOGS, ETC. THAT ARE DISTRIBUTED TO STUDENTS, PROSPECTIVE STUDENTS, AND OTHERS. THE POLICY STATES,BELHAVEN UNIVERSITY DOES NOT DISCRIMINATE IN THE ADMINISTRATION OF ITS EDUCATION POLICIES, APPLICATIONS FOR ADMISSION, OR SCHOLARSHIP AND LOAN PROGRAMS. THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES OF BELHAVEN UNIVERSITY ARE MADE AVAILABLE TO ALL STUDENTS WHO ARE ENROLLED REGARDLESS OF SEX, RELIGION, COLOR, NATIONAL ORIGIN, HANDICAP, OR AGE. SCHEDULE E, PART I, LINE 6A FINANCIAL AID FROM A GOVERNMENTAL AGENCY: BELHAVEN RECEIVED FINANCIAL AID FROM THE US DEPARTMENT OF EDUCATION AND THE EDUCATION STABALIZATION FUND. EXPENDITURES OF FEDERAL AWARDS FOR THE YEAR ENDED JUNE 30, 2021 WERE $53,967,318. true North America 0 0 Program Services GRANTS 6250 Central America and the Caribbean 0 0 Program Services GRANTS 21650 East Asia and the Pacific 0 0 Program Services GRANTS 113998 Europe (Including Iceland and Greenland) 0 0 Program Services GRANTS 4000 South America 0 0 Program Services GRANTS 16300 South Asia 0 0 Program Services GRANTS 18000 Sub-Saharan Africa 0 0 Program Services GRANTS 6500 Middle East and North Africa 0 0 Program Services GRANTS 11500 0 0 0 0 198198 198198 SCHOLARSHIPS & GRANTS Central America and the Caribbean 3 21650 TUITION DISC SCHOLARSHIPS & GRANTS East Asia and the Pacific 9 113998 TUITION DISC SCHOLARSHIPS & GRANTS Europe (Including Iceland and Greenland) 2 4000 TUITION DISC SCHOLARSHIPS & GRANTS North America 1 6250 TUITION DISC SCHOLARSHIPS & GRANTS South America 2 16300 TUITION DISC SCHOLARSHIPS & GRANTS South Asia 1 18000 TUITION DISC SCHOLARSHIPS & GRANTS Sub-Saharan Africa 2 6500 TUITION DISC SCHOLARSHIPS & GRANTS Middle East and North Africa 1 11500 TUITION DISC false false false false false false SCHEDULE F, PART I, LINE 2 PROCEDURE TO MONITOR THE USE OF GRANT FUNDS OUTSIDE OF THE US: THE UNIVERSITY MAINTAINS STUDENT FINANCIAL AID RECORDS AND FOLLOWS APPROPRIATE SELECTION CRITERIA FOR ALL GRANTS AND ASSISTANCE AWARDED TO STUDENTS. THE UNIVERSITY HAS AN ACCOUNTING SYSTEM THAT TRACKS GRANT FUNDS EXPENDITURE BY ACCOUNT NUMBER. THE UNIVERSITY HAS AN ANNUAL COMPLIANCE AUDIT CONDUCTED IN ACCORDANCE WITH OMB CIRCULAR A-133 EACH YEAR. FOR THE YEAR ENDED 6/30/2021, THE AUDIT REPORTED THAT THE UNIVERSITY COMPLIED, IN ALL MATERIAL RESPECTS, WITH THE COMPLIANCE REQUIREMENTS OF ITS MAJOR FEDERAL PROGRAMS. Ruffalocody Telemarket Svc Agr false TEAM GREEN GOLF 26574 16699 9875 1200 2700 9000 2027 302 0 26574 16699 9875 1200 2700 9000 2027 302 15229 -5354 true SCHOLARSHIPS & GRANTS 3988 14122900 SCHEDULE I, PART I, LINE 2 PROCEDURE TO MONITOR THE USE OF GRANT FUNDS IN THE US: THE UNIVERSITY MAINTAINS STUDENT FINANCIAL AID RECORDS AND FOLLOWS APPROPRIATE SELECTION CRITERIA FOR ALL GRANTS AND ASSISTANCE AWARDED TO STUDENTS. THE UNIVERSITY HAS AN ACCOUNTING SYSTEM THAT TRACKS GRANT FUNDS EXPENDITURE BY ACCOUNT NUMBER. THE UNIVERSITY HAS AN ANNUAL COMPLIANCE AUDIT CONDUCTED IN ACCORDANCE WITH OMB CIRCULAR A-133 EACH YEAR. FOR THE YEAR ENDED 6/30/2021, THE AUDIT REPORTED THAT THE UNIVERSITY COMPLIED, IN ALL MATERIAL RESPECTS, WITH THE COMPLIANCE REQUIREMENTS OF ITS MAJOR FEDERAL PROGRAMS. X true true X X X false false false false false false false false false ROGER L PARROTT PRESIDENT 340266 0 0 0 104706 0 0 0 93055 0 538027 0 0 0 BRADFORD M SMITH PROVOST 155000 0 0 0 1600 0 0 0 619 0 157219 0 0 0 DAVID S TARRANT CFO 147238 0 0 0 41131 0 0 0 16936 0 205305 0 0 0 KEVIN RUSSELL VP FOR ENROLLMENT & UNIV MKTG 143226 0 0 0 542 0 0 0 22129 0 165897 0 0 0 SCHEDULE J, PART I, LINE 1A EMPLOYEE BENEFITS: THE PRESIDENT, ROGER L PARROTT, RECEIVES A NON-TAXABLE HOUSING ALLOWANCE OF $79,000 AS AN ORDAINED MINISTER. DR ROGER PARROTT OFFICER HOUSING LOAN X 245000 26000 false true true 26000 See Part V See Part V 1147657 Dining Services false Schedule L, Part IV, Line 1 BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: MMI Dining Systems, LLC- Board member, Gaines P. Sturdivant, is greater than 35% owner of MMI Dining Systems, LLC. X 1 15088885 Stock Value false false false Schedule M, Part I, column (b) Number of contributions or items contributed: The amount in this column reflects the number of contributions received. FORM 990, PART VI, SECTION B, LINE 11B PROCESS TO REVIEW FORM 990: A COPY OF FORM 990 IS SENT VIA EMAIL TO ALL BOARD MEMBERS. THE 990 IS REVIEWED INTERNALLY BY THE CONTROLLER AND THE CFO. FORM 990, PART VI, SECTION B, LINE 12C PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY: THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES ITS CONFLICT OF INTEREST POLICY BY REQUIRING ALL TRUSTEES AND OFFICERS TO COMPLETE AN ANNUAL CONFLICT OF INTEREST DISCLOSURE QUESTIONNAIRE. THE QUESTIONNAIRE IS REVIEWED BY THE EXECUTIVE COMMITTEE AND THE PRESIDENT. IF A CONFLICT ARISES THE INTERESTED MEMBER IS REQUIRED TO DISCLOSE THE CONFLICT/POTENTIAL CONFLICT. FURTHERMORE, THE INTERESTED MEMBER IS PROHIBITED FROM VOTING ON ANY MATTERS RELATED TO THE CONFLICT/POTENTIAL CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A & 15B REVIEW OF CEO OR TOP MANAGEMENT OFFICIAL COMPENSATION: THE COMPENSATION OF THE PRESIDENT IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE. THE PRESIDENT REVIEWS AND APPROVES COMPENSATION OF TOP MANAGEMENT AND OTHER EMPLOYEES. THE ANNUAL CCC COMPENSATION SURVEY IS REVIEWED BY THE HUMAN RESOURCES DIRECTOR AND THE PRESIDENT TO ENSURE COMPENSATION LEVELS ARE APPROPRIATE. THE REVIEWS ARE DOCUMENTED IN EMAIL TRANSMITTALS WITH BOARD MEMBERS. THE LAST REVIEW WAS COMPLETED IN OCTOBER OF 2021. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS: THE ORGANIZATION'S FORM 990, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART XI, LINE 9 RECONCILIATION OF NET ASSETS: GAIN ON INTEREST RATE SWAP $548,429