2022-05-16T14:30:53-05:00 2021-06-30 350921680 CROWE LLP 9600 Brownsboro Road Suite 400 Louisville KY 402413902 990 2020-07-01 610444780 Spalding University Inc SPAL 5025859911 845 South Third Street Louisville KY 402032188 Ezra Krumhansl Chief Operating Officer 2022-05-16 true Ezra Krumhansl 999009999 Emilie Knieriem P01330194 5023263996 2020 2022-09-23 18:48:47Z Tori Murden McClure 845 South Third Street Louisville KY 402032188 43290516 false X www.spalding.edu X 1984 KY Spalding University is a Co-Educational, Independent Institution accredited by the Southern Association of Colleges and Schools as a Doctoral Level Institution. The University offers programs in business, nursing, occupational therapy, social work, psychology, creative writing, education and others. 21 20 692 40 0 0 1590663 1781307 35292804 35632845 836541 1812711 720732 637245 38440740 39864108 5750878 5866981 0 21580511 19961307 30000 0 294369 11377414 11585064 38738803 37413352 -298063 2450756 79512121 85532639 14725405 13951202 64786716 71581437 Spalding University is a diverse community of learners dedicated to meeting the needs of the times in the tradition of the Sisters of Charity of Nazareth through quality undergraduate and graduate liberal and professional studies, grounded in spiritual values, with emphasis on service and the promotion of peace and justice. false false 21087391 5866981 32604268 Instruction for students: As a doctoral level institution with 1,630 students, the University offers degree programs in humanities, social science, health and natural science, education, business, and communication. Some examples of programs offered are psychology, creative writing, nursing, occupational therapy, art, social work, business, and advanced teacher education. 6659324 3309038 Student services: a comprehensive support system for students from initial inquiry to graduation is available. Services are provided by the offices of admissions, financial aid, registrar, bursar, campus development and student life, and athletics. Additional student engagement activities include the student government association, student-run organizations, as well as on-campus extracurricular and cultural events. 2234593 8536 Academic support: organized activities related to educational departments aim to bolster the academic success of students by meeting their individual needs. These include the library, and the academic resource center. The academic resource center supports students with tutoring and advising programs, a math lab and writing center. Additional support for english-language learners (ell) and first-generation college students is also offered. 29981308 true true false false false false false false true true false false false true true true false true false false false false false true false false false true true false false false false true true false false true false false false false true false false false true 2197 1 true 692 true false false false false false true true false false false false false false X 21 20 false false false false false false false true true false false true true true true true true false false false KY X Katherine Weyhing 5028734315 845 South Third Street Louisville KY 402032188 Alfonso N Cornish Second Vice Chair 1.0 X X 0 0 0 Angela Leet Chair 1.0 X X 0 0 0 James A Morris First Vice Chair 1.0 X X 0 0 0 Rick Blackwell Secretary (beg. Aug 2020) 1.0 X X 0 0 0 Andrew Trager-Kusman Trustee 1.0 X 0 0 0 Christie Coe Trustee 1.0 X 0 0 0 Craig Mackin Trustee 1.0 X 0 0 0 Eric Schwartz Trustee 1.0 X 0 0 0 Gene M Smith Trustee 1.0 X 0 0 0 Isaac Myers Trustee 1.0 X 0 0 0 Jacqueline Wood Trustee 1.0 X 0 0 0 James Rissler Trustee 1.0 X 0 0 0 John P Malloy Trustee 1.0 X 0 0 0 Kelly Sheryak Trustee 1.0 X 0 0 0 M Serra Goethals SCN Trustee 1.0 X 0 0 0 Mark Carter Trustee 1.0 X 0 0 0 Mary Wolford Trustee 1.0 X 0 0 0 Neville Blakemore Trustee 1.0 X 0 0 0 Pattie Dillon Faculty Trustee 40.0 X 101372 0 4041 Paul Ratterman Trustee 1.0 X 0 0 0 Roger McClendon Trustee 1.0 X 0 0 0 Rose Howard SCN Trustee (Until Sept. 2020) 1.0 X 0 0 0 Sister Sharon Gray Trustee 1.0 X 0 0 0 Emily Norris General Counsel 40.0 X 113594 0 21833 Jefferson Rush Sherman CFO 40.0 X 135769 0 44887 John Burden Provost 40.0 X 151973 0 17965 Tori M McClure President 40.0 X 213777 0 21320 Caroline Roberts Heine Chief Advancement Officer 40.0 X 131668 0 8192 Elisa M Zuber Faculty 40.0 X 125408 0 5106 Ezra Krumhansl IT 40.0 X 122932 0 21029 Michelle Reiss Faculty 40.0 X 132039 0 11406 Steven D Kniffley Chief Diversity Officer/Associate Professor 40.0 X 122427 0 9566 Joanne Berryman Previous Provost 1.0 X 128538 0 0 1479497 0 165345 25 true true false JONES LANG & LASALLE PO BOX 2847 LOUISVILLE KY 40201 MAINTENANCE AND CUSTODIAL 858405 Eurest Services PO Box 91337 Chicago IL 606931337 Cleaning Services 413571 Schafer General Contracting 4716 Pinewood Road Louisville KY 40218 Construction 343918 Ellucian Inc 62578 Collection Center Dr Chicago IL 606930625 Computer Hosting and Maintenance 308757 Ira E Clark Detective Agency 10 Chestnut Street Eveansville KY 47113 Service Services 292133 10 63465 1717842 106899 1781307 Tuition and Fees 611310 31897923 31897923 Sponsored Programs 611310 2346582 2346582 RESIDENCE HALL 721310 680825 680825 Rehab Clinic 611310 220049 220049 Center for Behavioral Health 611310 184121 184121 303345 303345 0 0 35632845 364816 364816 11263 3448 7815 0 7815 7815 4362788 384943 3135856 163980 1226932 220963 1447895 1447895 15510 63465 23906 -8396 -8396 140007 99218 40789 40789 Food Service 611710 337244 337244 Fees 611710 220075 220075 Parking 611710 11585 11585 28133 28133 0 0 597037 39864108 35921842 0 2160959 0 0 5866981 5866981 0 0 0 0 795942 268589 527353 0 0 15548224 13823969 1496490 227765 109912 75454 32971 1487 2304434 1338898 938018 27518 1202795 1029903 155902 16990 75614 75614 114790 114790 88654 88654 2694777 2262424 426790 5563 484548 484548 856595 315802 537420 3373 944666 944666 1238693 1217433 17756 3504 247366 245148 2218 3257 3257 1960040 1926457 28048 5535 51018 51018 Student COVID-19 Support 709765 709765 Bad Debt 484853 484853 Grant Stipends 450337 450337 Books and Periodicals 233654 233654 946437 875241 68562 2634 37413352 29981308 7137675 294369 1652780 2162853 9763526 11861995 1211739 898969 442411 559030 0 0 0 0 1256782 1084483 27386 15474 630309 420527 75932163 33180486 43402320 42751677 19589829 23876325 0 0 1535039 1901306 79512121 85532639 2088134 2483505 943303 886274 0 0 9164700 7920278 2529268 2661145 14725405 13951202 X 39048368 39650059 25738348 31931378 64786716 71581437 79512121 85532639 X 2450756 3934489 409476 X false true X true true true X 1695658 2264682 3584140 1590663 1796817 10931960 0 0 1695658 2264682 3584140 1590663 1796817 10931960 977471 9954489 319443 351551 577447 527202 376079 2151722 0 0 0 0 0 0 695012 805589 680814 624960 348829 3155204 16238886 188719079 0.6130 0.5836 X Schedule A, Part II Public Support Test PART II HAS BEEN COMPLETED TO PROVE THE COLLEGE MEETS THE PUBLIC SUPPORT TEST AND THEREFORE QUALIFIES TO USE THE SPECIAL RULE IN REPORTING ON SCHEDULE B. Schedule A, Part II, Line 10 Other Income DESCRIPTION - FUNDRAISING INCOME, COLUMN A - 34185.0, COLUMN B - 53649.0, COLUMN C - 26666.0, COLUMN D - 0.0, COLUMN E - 0.0, COLUMN F - 114500.0; DESCRIPTION - GAMING INCOME, COLUMN A - 60220.0, COLUMN B - 64100.0, COLUMN C - 48500.0, COLUMN D - 45010.0, COLUMN E - 0.0, COLUMN F - 217830.0; DESCRIPTION - OTHER INCOME, COLUMN A - 600607.0, COLUMN B - 687840.0, COLUMN C - 605648.0, COLUMN D - 579950.0, COLUMN E - 348829.0, COLUMN F - 2822874.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20916319 475973 5687274 700000 26379566 20739496 63898 812925 700000 20916319 21198753 545892 1543692 700000 1848841 20739496 19076522 486125 2336106 700000 21198753 17510756 176115 1889651 500000 19076522 0.0 0.701 0.299 false false 11016264 11016264 43692921 16296550 27396371 605067 54572 550495 19254273 16829364 2424909 1363638 1363638 42751677 Refundable Government Loans 1251728 Accrued Fair Value of Interest Rate Swap Agreement 148073 Capital leases Other Long Term Liabilities 1261344 2661145 X 38375562 3934489 532600 4467089 33908473 88654 5866981 5955635 39864108 31580841 123124 123124 31457717 88654 5866981 5955635 37413352 Schedule D, Part V, Line 4 Intended uses of endowment funds THE PURPOSE OF THE UNIVERSITY'S ENDOWMENT IS TO PROVIDE FUNDING FOR THE SCHOLARSHIP PROGRAMS AND OTHER RESTRICTED PURPOSES WITH THE GOAL OF SUPPORTING THE MISSION OF SPALDING UNIVERSITY. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE UNIVERSITY IS A NOT-FOR-PROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE TO BE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. GAAP PRESCRIBES RECOGNITION THRESHOLDS AND MEASUREMENT ATTRIBUTES FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TAX BENEFITS OR LIABILITIES WILL BE RECOGNIZED ONLY IF THE TAX POSITION WOULD "MORE-LIKELY-THAN-NOT" BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED WILL BE THE LARGEST AMOUNT OF TAX BENEFIT OR LIABILITY THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT OR LIABILITY WILL BE RECORDED. MANAGEMENT HAS CONCLUDED THAT THEY ARE UNAWARE OF ANY TAX BENEFITS OR LIABILITIES TO BE RECOGNIZED AT JUNE 30, 2021 AND 2020 AND DOES NOT EXPECT THIS TO CHANGE IN THE NEXT 12 MONTHS. THE UNIVERSITY WOULD RECOGNIZE INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS IN INTEREST AND INCOME TAX EXPENSE, RESPECTIVELY. THE UNIVERSITY DOES NOT HAVE AMOUNTS ACCRUED FOR INTEREST OR PENALTIES AS OF JUNE 30, 2021 AND 2020. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Change in Split - 268326 Change in Swap - 141150 Cost of Goods Sold - 99218 Fundraising Expense - 23906 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Financial Aid - 5866981 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Cost of Goods Sold - 99218 Fundraising Expense - 23906 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Financial Aid - 5866981 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY SPALDING UNIVERSITY IS AN EQUAL OPPORTUNITY EDUCATIONAL INSTITUTION. THE UNIVERSITY DOES NOT DISCRIMINATE AGAINST OTHER QUALIFIED APPLICANT, PARTICIPANT, EMPLOYEE OR BENEFICIARY ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, AGE, DISABILITY, RELIGION, SEX, PREGNANCY, SEXUAL ORIENTATION, GENDER IDENTITY, MARITAL STATUS, MILITARY STATUS, VETERAN STATUS, OR OTHER PROTECTED STATUS. (STATEMENTS COMPARABLE TO THIS APPEAR IN THE UNIVERSITY'S RECRUITMENT PUBLICATIONS.) Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT SPALDING UNIVERSITY RECEIVES FEDERAL AID FOR STUDENTS UNDER TITLE IV AND RECEIVES FEDERAL AND STATE GRANTS AS WELL. Golf Outing 23540 14825 8715 10524 3095 1451 Golf Outing 55435 48640 6795 4098 2782 1956 0 78975 63465 15510 14622 5877 3407 23906 -8396 true SFA NEED BASED 292 1050726 SFA MERIT BASED 578 3589658 GRADUATE ASSISTANT/SCHOLARSHIPS 106 475008 ENDOWED/RESTRICTED AID 158 352505 OTHER 126 399084 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. ALL ASSISTANCE THAT IS PROVIDED THROUGH THE UNIVERSITY TO STUDENTS IS DESIGNATED FOR TUITION, FEES, BOOKS, AND OTHER DIRECT EDUCATIONAL COSTS. THE FINANCIAL AID OFFICE AND FINANCE OFFICE OF THE UNIVERSITY MONITORS AND CONTROLS DISBURSEMENT OF ALL ASSISTANCE. X X false false false false false false false false false Tori M McClure President 211992 0 0 0 1785 0 11080 0 10240 0 235097 0 0 0 Jefferson Rush Sherman CFO 134608 0 0 0 1161 0 6787 0 38100 0 180656 0 0 0 John Burden Provost 150772 0 0 0 1201 0 7463 0 10502 0 169938 0 0 0 Joanne Berryman Previous Provost 5000 0 0 0 123538 0 0 0 0 0 128538 0 0 0 See Part V 31685 Tuition Remission Joanne Berryman Former Provost 55870 Contract Services for Instructional Training false Schedule L, Part III, Column (a) GRANTS OR ASSISTANCE BENEFITING INTERESTED PERSONS IN 2020-2021, SPALDING OFFERED TUITION REMISSION FOR ALL EMPLOYEES WITH DEPENDENTS WHO ARE CURRENTLY STUDENTS. CURRENTLY $31,685 IN TUITION REMISSION FUNDS ARE BEING RECEIVED BY FAMILY MEMBERS OF INTERESTED PERSONS. Schedule L, Part III, Column (a) NAME OF INTERESTED PERSON AS PER IRS INSTRUCTIONS FOR 990 SCHEDULE L, SCHOOLS ARE NOT REQUIRED TO IDENTIFY INTERESTED PERSONS TO WHOM THEY PROVIDED SCHOLARSHIPS, FELLOWSHIPS, AND SIMILAR FINANCIAL ASSISTANCE. THEREFORE, COLUMNS (A) AND (B) HAVE BEEN LEFT BLANK FOR THESE LINES. X 3 59430 Market value X 1 47469 Market value 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - Number of contributions Real estate - Commercial - Number of Contributions Form 990, Part VI, Line 15a PROCESS TO ESTABLISH COMPENSATION OF TOP MANAGEMENT OFFICIAL THE BOARD OF TRUSTEES REVIEWS AND DETERMINES THE COMPENSATION OF THE UNIVERSITY PRESIDENT USING INDUSTRY SALARY BENCHMARKS AND OTHER RELEVANT ECONOMIC DATA. DOCUMENTATION OF SAID DELIBERATIONS WERE RETAINED BY THE EXECUTIVE COMMITTEE IN MEETING NOTES. This process was last conducted in JUNE 2018. WITH FULL KNOWLEDGE AND UNDERSTANDING THE PRESIDENT ELECTED TO WAIVE ANY ADDITIONAL COMPENSATION ABOVE WHAT IS REPORTED HERE. Form 990, Part VI, Line 15b Process to establish compensation of other employees The University president, provost and human resources manager review and determine the compensation of the other officers and key employees using CUPA salary scales and other relevant economic and industry data. Documentation of deliberations were retained in each relevant meeting's notes. Process was last conducted in June 2019. Form 990, Part VI, Line 1a Delegate broad authority to a committee THE EXECUTIVE COMMITTEE IS COMPOSED OF OFFICERS OF THE GOVERNING BODY TO ADDRESS ONLY SPECIFIC ISOLATED MANAGERIAL ISSUES THAT DO NOT REQUIRE FULL BOARD APPROVAL. Form 990, Part VI, Line 11b Review of form 990 by governing body IT IS SPALDING UNIVERSITY'S POLICY THAT THE AUDIT COMMITTEE WILL BE RESPONSIBLE FOR THE INTERNAL REVIEW OF THE INTERNAL REVENUE SERVICE FORM 990 THAT IS TO BE FILED. UPON APPROVAL OF THE AUDIT COMMITTEE, THE FORM 990 SHALL BE PRESENTED TO THE BOARD OF TRUSTEES FOR THEIR REVIEW. THE CHAIRS OF THE FINANCE AND AUDIT COMMITTEES WILL APPROVE THE FILING OF THE FORM 990 WITH THE IRS. THE BOARD OF TRUSTEES IS RELYING ON THE UNIVERSITY STAFF, THE AUDIT COMMITTEE AND INDEPENDENT ACCOUNTANTS TO COMPLETE AND EXAMINE THE FORM 990. Form 990, Part VI, Line 12c Conflict of interest policy A CONFLICT OF INTEREST QUESTIONNAIRE IS COMPLETED BY EACH BOARD MEMBER AND ANY EMPLOYEE WHO INTERFACES WITH THE BOARD. THE CFO AND FINANCE OFFICE REVIEW THE QUESTIONNAIRES. ANY CONFLICTS ARE THEN DISCUSSED WITH THE PRESIDENT AND CHAIRMAN OF THE BOARD, AND ANY BOARD MEMBER WITH A POTENTIAL OR ACTUAL CONFLICT OF INTEREST WOULD ABSTAIN FROM VOTING ON ANY ISSUES SURROUNDING THAT CONFLICT. Form 990, Part VI, Line 19 Required documents available to the public FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. Form 990, Part VIII, Line 2f Other Program Service Revenue All Other Program Service Revenue - Total Revenue: 303345, Related or Exempt Function Revenue: 303345, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part VIII, Line 11d Other Miscellaneous Revenue - Total Revenue: 28133, Related or Exempt Function Revenue: 28133, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances change in value split interest - 268326; change in swap - 141150; CHARITABLE REMAINDER TRUST (1) 845 South Third Street Louisville KY 402032188 INVESTMENTS KY NA Trust false false false false false false false false false false false false false false false false false false false