2021-05-17T16:02:52-05:00 2020-06-30 350921680 CROWE LLP 401 East Las Olas Blvd Suite 1100 Fort Lauderdale FL 333014230 990 2019-07-01 590624412 Jacksonville University JACK 9042567082 2800 University Boulevard North Jacksonville FL 32211 Randal Freebourn Chief Financial Officer 2021-05-17 true BRITTNEY KOCAJ P01320603 9542028600 2019 2022-09-23 18:48:47Z Timothy Cost 2800 University Boulevard North Jacksonville FL 32211 164189560 false X www.ju.edu X 1934 FL The mission of Jacksonville University is to prepare each student for life-long learning, achieving, leading, and serving. 28 27 1840 65 31330 12535 15946568 14016160 129763784 141828613 3340775 3651761 3955741 2986188 153006868 162482722 50851833 58334054 0 58459880 60213724 0 1813835 48170335 47610625 157482048 166158403 -4475180 -3675681 343816211 349299153 251189740 260232288 92626471 89066865 Our mission is to prepare students for life-long success in learning, achieving, leading, and serving. We accomplish this mission in a small, comprehensive, independent University community located within a vibrant metropolitan setting. (continued in Schedule O) false false 136188427 58334054 144771004 JACKSONVILLE UNIVERSITY ("JU") IS A SMALL, COMPREHENSIVE, INDEPENDENT UNIVERSITY COMBINING THE BEST ATTRIBUTES OF THE LIBERAL ARTS AND SCIENCES TRADITION AND PROFESSIONAL STUDIES. THE JU LEARNING COMMUNITY PROVIDES PERSONALIZED SERVICE AND CLOSE STUDENT-FACULTY INTERACTION WITH AN EMPHASIS ON ENGAGED LEARNING. THE COLLEGE OF ARTS & SCIENCES, THE DAVIS COLLEGE OF BUSINESS, THE COLLEGE OF FINE ARTS, THE COLLEGE OF HEALTH SCIENCES, AND THE SCHOOL OF ORTHODONTICS OFFER MORE THAN 70 UNDERGRADUATE MAJORS PLUS GRADUATE PROGRAMS IN BUSINESS, CHOREOGRAPHY, VISUAL ARTS, EDUCATION, MATH, MARINE SCIENCE, NURSING AND ORTHODONTICS. JACKSONVILLE UNIVERSITY PREPARES ITS STUDENTS TO SUCCEED IN MEANINGFUL CAREERS AND ADVANCED STUDY AT THE GRADUATE LEVEL AND ALSO TO FUNCTION AS WELL-EDUCATED, WELL-ROUNDED, SERVICE-MINDED CITIZENS IN OUR MODERN SOCIETY. 136188427 true true false false false false true false true true false false true true true true false true false true true false false false false false false true true true false false false false false false false false false false true true false false true true true false false false true 6048 0 true 1840 true true true false false false false false false false false true false false false X 28 27 false false false false false false false true true false false true true true true true true true true true true FL X Randal Freebourn 9042567024 2800 University Boulevard North Jacksonville FL 32211 Cynthia Chomiak Vice Chairman 1.0 X X 0 0 0 Frank Martire Treasurer 1.0 X X 0 0 0 Jamie Shelton Chairman 1.0 X X 0 0 0 Robert Hill Jr Secretary & Advocate 1.0 X X 0 0 0 Timothy P Cost President 40.0 X X 752887 0 117933 Amy Berg Trustee 1.0 X 0 0 0 Audrey Moran Trustee 1.0 X 0 0 0 Dane Grey Trustee 1.0 X 0 0 0 G Ray Driver Trustee 1.0 X 0 0 0 George Scanlon Trustee 1.0 X 0 0 0 Greg Smith Trustee 1.0 X 0 0 0 Jannet Walker Ford Trustee 1.0 X 0 0 0 Jason Altmire Trustee 1.0 X 0 0 0 JF Bryan Trustee 1.0 X 0 0 0 John Miller Trustee 1.0 X 0 0 0 John Semanik Trustee 1.0 X 0 0 0 Ken Babby Trustee 1.0 X 0 0 0 Kent Thielen MD Trustee 1.0 X 0 0 0 Laura Angelini Trustee 1.0 X 0 0 0 Lee Nimnicht Trustee 1.0 X 0 0 0 Linda Stein Trustee 1.0 X 0 0 0 Matthew Kane Trustee 1.0 X 0 0 0 Nina Waters Trustee 1.0 X 0 0 0 Rachel Vitti Trustee 1.0 X 0 0 0 Roseann Duran Trustee 1.0 X 0 0 0 Russ Thomas Trustee 1.0 X 0 0 0 Steven Koegler Trustee 1.0 X 0 0 0 Will Weatherford Trustee 1.0 X 0 0 0 Randal Freebourn Senior VP CFO 40.0 X 240385 0 36476 Christine Sapienza Provost 40.0 X 337516 0 32494 Angela Mattia Professor of Decision Sciences & Information Management 40.0 X 210522 0 19092 Anthony Jasick Men's Head Basketball Coach 40.0 X 291722 0 34837 Jorge Farill-Guzman Clinical Associate Professor of Orthodontics 40.0 X 205428 0 27465 Sawsan Tabbaa Clinical Associate Professor of Orthodontics 40.0 X 226924 0 15287 William Crosby Professor of Accounting 40.0 X 220990 0 28116 2486374 0 311700 108 false true false The Stellar Group Inc 2900 Hartley Rd Jacksonville FL 32257 Construction 16085768 Aramark Business Services 1101 Market St Philadelphia PA 19107 DINING SERVICES/FACILITIES 11823444 Aerosim Academy Inc 855-3 St Johns Bluff Rd JACKSONVILLE FL 32225 Student Flight Lessons 2031911 CPA17 Limited Partnership 50 Rockefeller Plaza 2nd Floor New York NY 10020 Real Estate & Property Investment 1623946 Rimrock Devlin LLC 343 NW Cole Terrace Suite 201 Lake City FL 32055 Real Estate Development 983115 65 7458032 6558128 1293753 14016160 Tuition & Fees 611310 118369225 118369225 Auxiliary Enterprises 611310 22569009 22569009 Athletics 900099 890379 890379 0 0 0 0 141828613 1653644 29572 1624072 43272 0 43272 0 43272 1233 42039 3704955 1706838 1998117 0 1998117 1998117 Recovery of write offs 900099 208675 208675 Fine Revenue 900099 37288 37288 INSURANCE PROCEEDS 900099 269202 269202 2427751 2427226 525 0 2942916 162482722 144771004 31330 3664228 58334054 58334054 1409560 1409560 44669408 39501032 4166063 1002313 1509181 1343773 129860 35548 9354724 7549813 1511715 293196 3270851 2821081 376136 73634 188764 9905 178859 114480 114480 285210 285210 6071022 703585 5338797 28640 770393 619647 110272 40474 1442458 939635 445139 57684 1920501 754044 1135220 31237 3291539 1175428 2115613 498 2374159 2221641 95264 57254 246873 197329 44060 5484 7793018 690 7792328 7931012 7931012 1518307 640982 852629 24696 Food/Meal Plans 5827452 5827452 Bad debt expense 803976 803976 Sports Equipment & Supplies 790523 789650 813 60 Recruiting 316034 302223 13811 5924904 3721475 2040312 163117 166158403 136188427 28156141 1813835 1054640 7553090 8204950 6137041 5165769 5566033 57464050 63582883 0 0 0 0 1911728 1923244 1118011 1497200 283550201 100267831 164558496 183282370 45147258 47139506 7226089 6864907 0 51965220 25752879 343816211 349299153 12421274 11357602 65390451 67823955 136887077 136902835 0 0 9951686 9944511 12360000 20000000 14179252 14203385 251189740 260232288 X 43997241 39895967 48629230 49170898 92626471 89066865 343816211 349299153 X -3675681 203991 30001 -117917 X false true X true true true X 11301512 11703475 10250436 15946568 14016160 63218151 0 0 11301512 11703475 10250436 15946568 14016160 63218151 5391438 57826713 1149514 1265619 1282340 2382920 1666111 7746504 0 21552 42310 21339 31330 116531 3670529 3964782 3556785 3895692 2942391 18030179 89111365 609747432 0.6489 0.6567 X Schedule A, Part II Public Support Test TO QUALIFY FOR LIMITED DONOR DISCLOSURE UNDER THE SPECIAL RULE ON SCHEDULE B, THE PUBLIC SUPPORT TEST HAS BEEN COMPLETED TO DEMONSTRATE THE UNIVERSITY MEETS THE QUANTITATIVE SUPPORT TEST UNDER SECTION 509(A)(1) OF THE INTERNAL REVENUE CODE, WHICH REQUIRES AN ORGANIZATION TO RECEIVE A SUBSTANTIAL PART OF ITS SUPPORT FROM A GOVERNMENTAL UNIT OR FROM THE GENERAL PUBLIC. Schedule A, Part II, Line 10 Other Income DESCRIPTION - OTHER INCOME, COLUMN A - 3670529.0, COLUMN B - 3964782.0, COLUMN C - 3556785.0, COLUMN D - 3895692.0, COLUMN E - 2942391.0, COLUMN F - 18030179.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4999 4194406 X false 46742733 805398 2847523 2022840 48372814 44737287 1267726 2903823 2166103 46742733 44285756 421572 2074171 2044212 44737287 43782429 520388 3399106 3416167 44285756 36987405 8883251 176758 2264985 0 43782429 0.2148 0.7852 0.0 false false 7424371 7424371 198580333 55191978 143388355 774973 135584 639389 60527615 38300418 22227197 16242909 6639851 9603058 183282370 Collectibles/Life Insurance Policies 164117 Permanent Art Collection 4194406 Assets Limited to Use-Bond Reserve Accounts 21394356 25752879 Student Deposits 886250 Advances from Federal Gov't 788440 Capital Lease Obligations 12101456 Nurse Faculty Standard Loan Program 427239 14203385 X 104097450 203991 30001 0 233992 103863458 285210 58334054 58619264 162482722 107657056 117917 117917 107539139 285210 58334054 58619264 166158403 Schedule D, Part III, Line 4 Collections of art - description of collections The art collection represents hundreds of pieces of art work, paintings, and sculptures donated to the university over the past 75 years. Schedule D, Part V, Line 4 Intended uses of endowment funds Donor-restricted endowment funds are intended to be held in perpetuity, with the earnings thereof used for the stated purpose defined in the gift instruments. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The University is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. U.S. 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 will be recognized only if the tax position is considered more-likely-than-not to be sustained in a tax examination, with a tax examination being presumed to occur. For tax positions not meeting the "more likely than not" test, no tax benefit is recorded. The University does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. The University recognizes interest and/or penalties related to income tax matters in income tax expense. The University did not have any amount accrued for interest and penalties at June 30, 2020 and 2019. Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Financial Assistance - 58334054 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 UNCOLLECTED PLEDGES - 117917 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Financial Assistance - 58334054 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 Jacksonville University publishes its nondiscriminatory policies in various documents of the University, including the school catalog, student handbook, registration posters, and newspaper advertisements. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT In order to provide students with adequate financial aid packages, the University participates in both federal and state financial aid programs. Central America and the Caribbean 0 0 Investments 628000 Europe (Including Iceland and Greenland) 0 0 Program Services Student Class Trips, Speaking Engagements and Conference Travel 114328 North America (Canada & Mexico only) 0 0 Program Services Faculty Research 10591 East Asia and the Pacific 0 0 Program Services Recruiting, Faculty Conference Participation 793 Middle East and North Africa 0 0 Program Services Recruiting 5677 Sub-Saharan Africa 0 0 Program Services Faculty Research 2500 Central America and the Caribbean 0 0 Program Services Student Class Trip,. Documentary Research 22264 South Asia 0 0 Program Services Faculty Conference 4800 0 0 0 0 0 0 788953 0 788953 0 0 true false true false false false true STUDENT WORK AWARDS 295 490164 SCHOLARSHIPS 2278 52375865 FEDERAL PELL GRANT PROGRAM 996 4593104 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS 301 364613 COLLEGE WORK-STUDY PROGRAMS 349 491080 Student Loan Cancellations 21 19228 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. All grant expenditures are reviewed by the Grant Accountant for reasonableness, allowable expenditures, and compliance to the grant regulations and criteria. All scholarships and assistance are provided as a credit to the student's tuition account. X X true true X X X false true false false false false false false false Timothy P Cost President 564778 0 100000 0 88109 0 109000 0 8933 0 870820 0 0 0 Randal Freebourn Senior VP CFO 239869 0 0 0 516 0 15000 0 21476 0 276861 0 0 0 Christine Sapienza Provost 330038 0 0 0 7478 0 17284 0 15210 0 370010 0 0 0 Anthony Jasick Men's Head Basketball Coach 252474 0 30000 0 9248 0 14173 0 20664 0 326559 0 0 0 William Crosby Professor of Accounting 220372 0 0 0 618 0 12252 0 15864 0 249106 0 0 0 Sawsan Tabbaa Clinical Associate Professor of Orthodontics 226343 0 0 0 581 0 13596 0 1691 0 242211 0 0 0 Jorge Farill-Guzman Clinical Associate Professor of Orthodontics 204181 0 0 0 1247 0 12360 0 15105 0 232893 0 0 0 Angela Mattia Professor of Decision Sciences & Information Management 210050 0 0 0 472 0 7870 0 11222 0 229614 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use Tim Cost received a taxable housing allowance as part of his employment. Schedule J, Part I, Line 1a Health or social club dues or initiation fees Tim Cost received payments for club dues. The clubs were used entirely for business purposes and were treated as taxable compensation. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan President Tim Cost participated in a 457(f) nonqualified deferred compensation plan. Total contributions into this plan for 2019 were $84,000. Total distributions out of the plan for 2019 were $0. A Higher Educational Facilities Financing Authority 900058227 34073TKX4 2018-06-19 97993064 See VI false false false B City of Jacksonville Florida 596000344 46936RAD4 2018-06-19 41187643 See VI false false false A 0 0 98600566 6332614 0 0 1604577 0 526000 22654975 58589000 8893400 true false false true B 0 0 41853394 2672729 0 0 698119 0 0 35642422 0 2840124 false false false true A false false false false 0.0 0.0 0.0 false false true B false false false false 0.0 0.0 0.0 false false true A false true false false false false false false true B false true false false false false false false true A true B true Schedule K, Part I Higher Educational Facilities Financing Authority JU Project 2018A-1 *Description of Purpose: The Proceeds of the bonds will be used to fund a loan to the borrower for the purpose of: (I) Financing, reimbursing or refinancing a portion of the costs of acquiring, construction, renovating, and equipping the costs of projects consisting of the acquisition, construction and installation of certain educational facilities including but not limited to the renovation of existing residence halls, the construction and/or renovation of various other facilities and capital expenditures, and the installation of facilities, furnishings, fixtures and equipment related to the foregoing (II) Refinancing projects through the financing of certain outstanding indebtedness of the borrower (III) Funding debt service reserves for the bonds and (IV)Paying all or a portion of the costs of issuing bonds The refunded obligations consist of the following: (I) Promissory note dated November 21, 2011, in the original principal amount of $63,000,000, issued by the borrower which refunded the outstanding high educational facilities financing authority revenue bonds (Jacksonville University) project 2006, issued October 12, 2006; (II) Promissory note dated November 4, 2016, issued by the borrower, in the original principal amount of $6,300,000. Schedule K, Part I City of Jacksonville, FL Educ Facilities Rev Bonds (JU Project) Series 2018B *Description of Purpose: The proceeds of the Bonds will be used to fund a loan to the Borrower for the purpose of: (i) financing, reimbursing or refinancing a portion of the costs of acquiring, constructing, renovating, and equipping the costs of the Project (as defined herein), (ii) funding debt service reserves for the Bonds, and (iii) paying all or a portion of the costs of issuing the Bonds The project consists of the acquisition, construction and installation of certain educational facilities including but not limited to: (i) the construction of a new three-story building containing approximately 104,000 square feet for the Brooks Rehabilitation College of Healthcare Sciences which contains the Keigwin School of Applied Health Sciences and the School of Orthodontics, (ii) the renovation of existing residence halls, (iii) the construction and/or renovation of various other facilities and capital expenditures, and (iv) the installation of facilities, furnishings, fixtures and equipment related to the foregoing. Schedule K, Part II Higher Educational Facilities Financing Authority JU Project 2018-1 Line 3 - proceeds of issue increased due to FYE 6/30/2020 investment earnings in the amount of $180,039.85. Schedule K, Part II City of Jacksonville, FL Educ Facilities Rev Bonds (JU Project) Series 2018B Line 3 - proceeds of issue increased due to FYE 6/30/2020 investment earnings in the amount of $191,314.87. X 1 4999 Opinions of experts X 6 1020023 Market value X Furniture Fixtures & Equipment 6 188036 Cost X House 1 75000 Cost X Musical Instruments and Music 1 5495 Cost X MODEL BOATS 1 200 Cost 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Art - Works of art - Number of Contributions Securities - Publicly traded - Number of Contributions Other - Furniture Fixtures & Equipment Number of Contributions Other - House Number of Contributions Other - Musical Instruments and Music Number of Contributions Other - MODEL BOATS NUMBER OF CONTRIBUTIONS Form 990, Part III, Line 1 ORGANIZATION'S MISSION STATEMENT (CONTINUED FROM PART III) THE UNIVERSITY SERVES AN ETHNICALLY AND GEOGRAPHICALLY DIVERSE, PREDOMINANTLY UNDERGRADUATE STUDENT BODY, AS WELL AS ADULT LEARNERS IN SELECTED UNDERGRADUATE AND GRADUATE PROGRAMS. OUR LEARNING COMMUNITY PROVIDES PERSONALIZED SERVICE, CLOSE STUDENT-FACULTY INTERACTION, AND AN EXTENSIVE ARRAY OF EDUCATIONAL AND CO-CURRICULAR PROGRAMS. WE EMPHASIZE ENGAGED LEARNING, THE INTEGRATION OF THINKING WITH DOING, AND THE COMBINATION OF PROFESSIONAL PREPARATION WITH A STRONG LIBERAL ARTS FOUNDATION. Form 990, Part VI, Line 1a Delegate broad authority to a committee The executive committee has all powers of the board except as prohibited by law and except that it shall not have the power to alter or revoke any previous order, resolution or vote of a meeting of the board unless specifically granted such power by the board. The committee shall have as its special responsibility oversight for the preparation and implementation of the University's strategic plan presented by the President. The members of the executive committee shall consist of all the officers of the board and the chairs of the standing committees. The president of the university shall serve on the executive committee without vote. Form 990, Part VI, Line 11b Review of form 990 by governing body The University uses its external tax advisers to prepare and review its 990 tax return on a timely basis. The content information is provided by University staff and is subject to review by the Chief Financial Officer. The 990 is then reviewed and approved by the Audit Committee of the Board of Trustees and their review is reported to the Board. Copies of the 990 are made available to members of the Board before final submission. Form 990, Part VI, Line 12c Conflict of interest policy The University requires on an annual basis written confirmation from all executive staff and board of trustees' members full & complete acknowledgement of compliance with the University's conflict of interest policy. The University's purchasing policies & procedures also ensure that all purchasing decisions are evaluated on a stringent quality and cost/benefit process that is not influenced by potential related party or conflict of interest. Individuals are prohibited from voting on any matter where a conflict of interest exists. If an individual is unsure whether a conflict exists or not, they may request the Board or Committee to resolve the matter via vote. Form 990, Part VI, Line 15a Process to establish compensation of top management official The University determines its annual compensation for all executive, senior level and key employees on a consistent basis through the use of independent, comparative compensation data from peer institutions of similar size and complexity. The employment contracts of the University's President and other key senior officers and employees are also reviewed and approved by a select group of board of trustee's members. The evaluation is performed annually, the last time being April-May 2020. Evidence of deliberation and decision is contained in the minutes of the board of trustees meetings. Form 990, Part VI, Line 15b Process to establish compensation of other employees The University determines its annual compensation for all executive, senior level and key employees on a consistent basis through the use of independent, comparative compensation data from peer institutions of similar size and complexity. The evaluation is performed annually, the last time being April-May 2020. Evidence of deliberation and decision is contained in the minutes of the board of trustees meetings. Form 990, Part VI, Line 19 Required documents available to the public The governing documents, conflict of interest policy and financial statements are available upon request. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Other Revenue - Total Revenue: 2427226, Related or Exempt Function Revenue: 2427226, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Advertising UBI - Total Revenue: 275, Related or Exempt Function Revenue: , Unrelated Business Revenue: 275, Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Running lab UBI - Total Revenue: 250, Related or Exempt Function Revenue: , Unrelated Business Revenue: 250, Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Uncollected Pledges - -117917; JACKSONVILLE UNIVERSITY CLINIC LLC 2800 UNIVERSITY BOULEVARD NORTH JACKSONVILLE FL 32211 043648158 ORTHODONTIC CLINIC OPERATIONS FL 1596914 491935 JU Jacksonville University Flight Team LLC 2800 University Boulevard North Jacksonville FL 32211 590624412 Flight Team Exercises FL 0 0 JU Charitable remainder trusts (2) TRUST FL JU Trust false false false false false false false false false false false false false false false false false false false false