2021-04-14T16:47:39-05:00 2020-05-31 570381582 ELLIOTT DAVIS LLCPLLC 500 EAST MOREHEAD STREET SUITE 700 CHARLOTTE NC 28202 990 2019-06-01 571088101 BJU INC BJUI 8642425100 1700 WADE HAMPTON BLVD GREENVILLE SC 29614 STEVEN J DICKINSON CFO 8642425100 2021-04-13 1 JANICE A RATICA P00358837 7043338881 2021-04-12 2019 2022-09-23 18:48:47Z STEVEN J DICKINSON 1700 WADE HAMPTON BLVD GREENVILLE SC 29614 93011240 0 X WWW.BJU.EDU X 1999 SC BJU DELIVERS A CHRISTIAN EDUCATION THROUGH ITS ELEMENTARY SCHOOL AND UNIVERSITY. 20 19 2491 100 418026 0 7831430 8790818 63387284 67271674 1908336 152623 15164276 14586340 88291326 90801455 12955332 15388283 0 0 39842378 38998960 0 0 919815 36315796 35040458 89113506 89427701 -822180 1373754 203816047 200386142 11387531 6443424 192428516 193942718 X WITHIN THE CULTURAL AND ACADEMIC SOIL OF LIBERAL ARTS EDUCATION, BJU INC. EXISTS TO GROW CHRISTLIKE CHARACTER IN ITS STUDENTS THAT IS SCRIPTURALLY DISCIPLINED, OTHERS-SERVING, GOD-LOVING, CHRIST-PROCLAIMING AND FOCUSED ABOVE. THIS MISSION IS CARRIED OUT THROUGH ITS PRE-SCHOOL, ELEMENTARY SCHOOL, AND HIGHER EDUCATION DIVISIONS. 0 0 66469331 15388283 68911756 BJU, INC. SERVED AN AVERAGE OF 3,346 STUDENTS (INCLUDING ONLINE STUDENTS) SEEKING ASSOCIATE, BACHELOR, MASTER AND DOCTORATE DEGREES IN 75 PROGRAMS OF STUDY. 4450761 4277016 BJU, INC. SERVED AN AVERAGE OF 562 STUDENTS IN ITS ELEMENTARY SCHOOL (K3 - GRADE 6) AND 120 STUDENTS IN ITS CHILD DEVELOPMENT CENTER (INFANT - K2). 70920092 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 3478 0 1 2491 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 20 19 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 1 0 SC X STEVEN J DICKINSON 8642425100 1700 WADE HAMPTON BLVD GREENVILLE SC 29614 STEVE PETTIT CHIEF EXECUTIVE OFFICER 40.00 X X 151794 0 30920 GARY WEIER EVP ACADEMIC AFFAIRS 40.00 X 81950 0 47718 ALAN BENSON VP STUDENT DEVELOPMENT AND DISCIPLESHIP 40.00 X 77648 0 41966 JOHN MATTHEWS VP ADVANCEMENT/ALUMNI RELATIONS 40.00 X 76088 0 40375 BOBBY WOOD CHIEF ENROLLMENT OFFICER 40.00 X 70784 0 44873 SAM HORN EVP MINISTERIAL ADV. - THRU MAY 2020 40.00 X 77583 0 30833 STEVE DICKINSON VP BUSINESS AND FINANCE 40.00 X 76506 0 16675 KEVIN TAYLOR CHIEF HUMAN RESOURCES OFFICER 40.00 X 71579 0 14552 MARVIN REEM CHIEF INFORMATION OFFICER 40.00 X 69110 0 7854 DAWN AKAM TRUSTEE 1.00 X 0 0 0 GARY COBB TRUSTEE 1.00 X 0 0 0 SAM DAWSON TRUSTEE 1.00 X 0 0 0 PAUL KALMBACH TRUSTEE 1.00 X 0 0 0 SHAWN KOOK TRUSTEE 1.00 X 0 0 0 PAUL MATTHEWS TRUSTEE 1.00 X 0 0 0 BRIAN PRIEST TRUSTEE 1.00 X 0 0 0 JEAN SAITO TRUSTEE 1.00 X 0 0 0 JERRY SIVNKSTY TRUSTEE 1.00 X 0 0 0 GARY THOMPSON TRUSTEE 1.00 X 0 0 0 KEITH WIEBE TRUSTEE 1.00 X 0 0 0 BRUCE WOODWORTH TRUSTEE 1.00 X 0 0 0 ED CONE TRUSTEE THROUGH 8/1/2019 1.00 X 0 0 0 JOHN LEWIS CHAIRMAN 1.00 X 0 0 0 HANTZ BERNARD CHAIRMAN MARKETING & DEVELOPMENT COMMITTEE 1.00 X 0 0 0 MIKE HARDING SECRETARY/TREASURER AND CHAIRMAN ACADEMIC COMMITTE 1.00 X 0 0 0 JOE HELM CHAIRMAN PERSONNEL & PLANT COMMITTEE 1.00 X 0 0 0 LARRY JACKSON VICE CHAIRMAN AND CHAIRMAN STUDENT LIFE COMMITTEE 1.00 X 0 0 0 TIM STANLEY CHAIRMAN FINANCE & AUDIT COMMITTEE 1.00 X 0 0 0 JERRY MORGAN CHAIRMAN STUDENT DEVELOPMENT & DISCIPLESHIP COMMIT 1.00 X 0 0 0 753042 0 275766 6 0 1 0 ARAMARK SERVICES INC 1101 MARKET STREET PHILADELPHIA PA 19107 FOOD SERVICE 4998940 TRIANGLE CONSTRUCTION COMPANY INC 2624 LAURENS ROAD GREENVILLE SC 29607 CONSTRUCTION 4887481 CAMPUS MANAGEMENT CORPORATION 5201 CONGRESS AVE BOCA RATON FL 33487 SOFTWARE 943567 J ARTHUR DAIL INC 6000 FAIRVIEW ROAD SUITE 1180 CHARLOTTE NC 28210 EMPLOYEE BENEFITS 497787 JACKSON MARKETING GROUP INC 1068 HOLLAND ROAD SIMPSONVILLE SC 29681 MARKETING 480573 41 8790818 8790818 TUITION AND FEES - UNIVERSITY 611310 46650612 46650612 ROOM AND BOARD 611710 11328239 11328239 OTHER REVENUE 611710 5015807 4624002 391805 TUITION AND FEES - ELEMENTARY SCH 611110 4277016 4277016 67271674 595164 595164 7808675 7808675 489435 26221 0 0 489435 26221 515656 489435 26221 1294707 359185 1291778 804655 2929 -445470 -442541 -442541 864998 113352 751646 751646 MANAGEMENT FEE INCOME 900099 5510363 5510363 5510363 90801455 73188772 418026 8403839 X 15388283 15388283 769946 585708 171713 12525 25712901 19560131 5734473 418297 321498 244568 71700 5230 10367969 7887046 2312257 168666 1826646 1389553 407377 29716 57015 48715 7955 345 92003 92003 2153138 1839688 300414 13036 962445 424769 525728 11948 2228141 1210322 906851 110968 5111342 3354773 1750269 6300 1358165 710939 602962 44264 92286 43983 46545 1758 6746142 6551786 194356 808207 95483 712060 664 OPERATIONS AND MAINTENA 6685667 6561084 124583 0 OUTSIDE SERVICES 4222613 3607891 589155 25567 LICENSES AND DUES 2324691 788888 1492845 42958 REPAIRS AND MAINTENANCE 940104 68014 865668 6422 1258499 558468 678880 21151 89427701 70920092 17587794 919815 6207568 3108309 1952914 852578 1528152 1249612 177635 162176 1171837 877292 174439496 20260766 153144890 154178730 15720599 15835316 23000000 23000000 912452 1122129 203816047 200386142 5141088 4460328 1123015 1276812 341187 47284 4500000 0 282241 659000 11387531 6443424 X 172664459 175596656 19764057 18346062 192428516 193942718 203816047 200386142 1373754 140448 0 X X 0 1 X 1 1 1 X 6994388 6206207 7831430 8790818 29822843 6994388 6206207 7831430 8790818 29822843 2085638 27737205 3182288 11989936 7651920 8919495 31743639 5805612 5510362 11315974 72882456 199323267 0.38060 0.39710 X PART 1, LINE 7 THE ORGANIZATION IS CLASSIFIED AS A PUBLIC CHARITY, A SCHOOL, IN ACCORDANCE WITH SECTION 170(B)(1)(A)(II) OF THE INTERNAL REVENUE CODE. HOWEVER, THE ORGANIZATION HAS ELECTED TO FOLLOW THE "SPECIAL RULE" FOR REPORTING CONTRIBUTIONS ON SCHEDULE B, WHICH PROVIDES THAT A 501(C)(3) ORGANIZATION THAT SATISFIES THE 33 1/3% SUPPORT TESTS OF SECTIONS 509(A)(1) AND 170(B)(1)(A)(VI) NEED ONLY DISCLOSE ON SCHEDULE B GIFTS FROM ANY ONE CONTRIBUTOR THAT TOTAL THE GREATER OF (1) $5,000 OR (2) 2% OF TOTAL CONTRIBUTIONS, GIFTS, GRANTS AND SIMILAR AMOUNTS RECEIVED. THEREFORE, THE ORGANIZATION HAS CHECKED SCHEDULE A, PART I, BOX 7 AND COMPLETED THE SUPPORT SCHEDULE IN PART II TO SUBSTANTIATE THAT IT MEETS THE PUBLIC SUPPORT TEST. THE ORGANIZATION CONTINUES TO QUALIFY AS A SCHOOL. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15336261 851779 533096 1192687 15528449 15104164 425679 37209 0 149358 81433 15336261 14048414 79043 1019990 1019990 218049 13909408 14048414 75890 75890 14048414 0.00000 0.98220 0.01780 0 0 10240000 10240000 141842872 11114177 130728695 139266 12342 126924 16779945 8027813 8752132 5437413 1106434 4330979 154178730 STUDENT DRAWING ACCOUNTS 278307 TRUST FUNDS HELD ON BEHALF OF OTHERS 380693 659000 X 75574969 140448 113352 253800 75321169 92003 15388283 15480286 90801455 74060767 113352 113352 73947415 92003 15388283 15480286 89427701 PART X, LINE 2: BJU IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES TO THE EXTENT PROVIDED BY SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"). THE UNIVERSITY IS CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE IRC AND, AS SUCH, GIFTS TO THE UNIVERSITY QUALIFY FOR DEDUCTION AS CHARITABLE CONTRIBUTIONS. THE UNIVERSITY FOLLOWS THE PROVISIONS OF THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES TOPIC OF FASB ASC, WHICH ADDRESSES THE ACCOUNTING UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS AND PRESCRIBES A THRESHOLD OF MORE-LIKELY-THAN-NOT FOR RECOGNITION AND DE-RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT ALSO PROVIDES RELATED GUIDANCE ON MEASUREMENT CLASSIFICATION, INTEREST AND PENALTIES, AND DISCLOSURE. BJU HAS DETERMINED THAT IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL AND DISCLOSURE AS OF MAY 31, 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED AGAINST REVENUE 113,352. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS NETTED AGAINST REVENUE 15,388,283. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED AGAINST REVENUE 113,352. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS NETTED AGAINST REVENUE 15,388,283. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 SEE PART II. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION PARTICIPATES IN STATE AND FEDERAL AID PROGRAMS WHEREBY STUDENTS RECEIVE FINANCIAL AID IN THE FORM OF TUITION GRANTS AND SCHOLARSHIPS. SCHEDULE E, PART I, LINE 3 - EXPLANATION OF NONDISCRIMINATION POLICY STUDENTS ENROLL AT BJU FROM ALL US STATES AND APPROXIMATELY 40 FOREIGN COUNTRIES. THEREFORE, BJU DOES NOT USE NEWSPAPER OR BROADCAST MEDIA TO SOLICIT STUDENTS WITH THE EXCEPTION OF AN OCCASIONAL NEWSPAPER AD FOR A LOCAL COLLEGE FAIR WHERE THE RACIALLY NONDISCRIMINATORY POLICY IS INCLUDED. THE FOLLOWING NONDISCRIMINATORY STATEMENT IS INCLUDED IN UNDERGRADUATE AND GRADUATE CATALOGS, IN PRINT ADVERTISING AND ON THE APPLICATION PAGES OF BJU'S OFFICIAL WEBSITE, WWW.BJU.EDU: "STUDENTS OF ANY RACE, COLOR, AGE, SEX, NATIONAL OR ETHNIC ORIGIN, PROTECTED DISABILITY OR VETERAN STATUS ARE ADMITTED TO ALL THE RIGHTS, PRIVILEGES, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT BOB JONES UNIVERSITY. THE UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, AGE, SEX, NATIONAL OR ETHNIC ORIGIN, PROTECTED DISABILITY OR VETERAN STATUS IN ITS ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS." THE FOLLOWING NONDISCRIMINATORY STATEMENT IS INCLUDED IN THE STUDENT HANDBOOK, IN PRINT ADVERTISING, AND ON THE ADMISSIONS PAGES OF BOB JONES ACADEMY'S OFFICIAL WEBSITE, WWW.BOBJONESACADEMY.NET: "STUDENTS OF ANY RACE, COLOR, SEX, NATIONAL ORIGIN, OR PROTECTED DISABILITY ARE ADMITTED TO ALL THE RIGHTS, PRIVILEGES, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT BOB JONES ACADEMY. THE ACADEMY DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, SEX, NATIONAL ORIGIN, OR PROTECTED DISABILITY IN ITS ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, AND ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS." 1 STUDENT SCHOLARSHIPS - INSTRUCTIONAL AID 2367 15388283 SCHEDULE I, PART I, LINE 2 BJU PROVIDES SCHOLARSHIPS TO ELIGIBLE STUDENTS BASED ON NEED AND MERIT. THE AWARDS ARE APPLIED BY THE FINANCIAL AID OFFICE TO THE STUDENT'S ACCOUNT AND ARE USED TO COVER THE COSTS OF TUITION, ROOM AND BOARD. X 1 1 X X X 0 0 0 0 0 0 0 0 0 STEVE PETTIT CHIEF EXECUTIVE OFFICER 151794 0 0 0 0 0 965 0 29955 0 182714 0 0 0 SCHEDULE J, PART I, LINE 1A THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE ANNUAL BUDGET. INCLUDED IN THE ANNUAL BUDGET IS A DISCRETIONARY SPENDING AMOUNT FOR THE PRESIDENT. THE DISCRETIONARY ACCOUNT IS USED BY THE PRESIDENT TO FUND TRAVEL-RELATED EXPENSES, BJU-RELATED EVENTS, ETC. THE PRESIDENT'S OFFICE SUBMITS INVOICES AND EXPENSE REIMBURSEMENT FORMS (WITH PROPER SUPPORTING DOCUMENTATION) TO THE UNIVERSITY FOR PAYMENT AS REQUIRED. EXPENDITURES/REIMBURSEMENTS ARE MADE IN ACCORDANCE WITH THE UNIVERSITY'S DISBURSEMENT POLICIES AND PROCEDURES. STUDENTS 103280 TUITION WAIVER EDUCATION JARED STANLEY FAMILY MEMBER 43235 COMPENSATION WAS DETERMINED AT ARMS LENGTH AND FAIR MARKET VALUE. 0 BETH HORN FAMILY MEMBER 18526 COMPENSATION WAS DETERMINED AT ARMS LENGTH AND FAIR MARKET VALUE. 0 ERIN MATTHEWS FAMILY MEMBER 15740 COMPENSATION WAS DETERMINED AT ARMS LENGTH AND FAIR MARKET VALUE. 0 REBECCA WEIER FAMILY MEMBER 52792 COMPENSATION WAS DETERMINED AT ARMS LENGTH AND FAIR MARKET VALUE. 0 LARRY JACKSON JACKSON MARKETING GROUP INC 480573 MARKETING NEGOTIATED AT ARMS LENGTH AND IS LISTED AT FAIR MARKET VALUE. 0 FORM 990, PART III, LINE 1 THE GENERAL NATURE AND OBJECT OF BJU SHALL BE TO CONDUCT AN INSTITUTION OF LEARNING FOR THE GENERAL EDUCATION OF YOUTH IN THE ESSENTIALS OF CULTURE AND THE ARTS AND SCIENCES, GIVING SPECIAL EMPHASIS TO THE CHRISTIAN RELIGION AND THE ETHICS REVEALED IN THE HOLYSCRIPTURES; COMBATING ALL ATHEISTIC, AGNOSTIC, PAGAN AND SO-CALLED SCIENTIFIC ADULTERATIONS OF THE GOSPEL; UNQUALIFIEDLY AFFIRMING AND TEACHING THE INSPIRATION OF THE BIBLE (BOTH THE OLD AND THE NEW TESTAMENTS); THE CREATION OF MAN BY THE DIRECT ACT OF GOD; THE INCARNATION AND VIRGIN BIRTH OF OUR LORD AND SAVIOR, JESUS CHRIST; HIS IDENTIFICATION AS THE SON OF GOD; HIS VICARIOUS ATONEMENT FOR THE SINS OF MANKIND BY THE SHEDDING OF HIS BLOOD ON ON THE CROSS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S CHIEF FINANCIAL OFFICER AND THE FINANCE & AUDIT COMMITTEE OF THE BOARD OF TRUSTEES REVIEWED THE FORM 990 PRIOR TO FILING. THE FILED FORM 990, EXCLUDING SCHEDULE B, WAS PROVIDED ELECTRONICALLY TO THE ENTIRE BOARD OF TRUSTEES CONCURRENT WITH ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE RESPONSES TO CONFLICT OF INTEREST QUESTIONNAIRES ARE REVIEWED AND MAINTAINED TO IDENTIFY POTENTIAL CONFLICTS. IN THE EVENT OF A POTENTIAL CONFLICT, THE INTERESTED PERSON SHALL RECUSE HIMSELF/HERSELF FROM ALL DISCUSSIONS AND VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION FOR THE CEO IS BASED ON DATA FROM COMPARABLE UNIVERSITIES TO ENSURE REASONABLENESS. THE BOARD OF TRUSTEES REVIEWS AND APPROVES THE CEO'S COMPENSATION TO ENSURE REASONABLENESS. COMPENSATION FOR ALL OTHER KEY EMPLOYEES IS DETERMINED BY THE CEO, AND SALARIES ARE INCLUDED IN THE BJU ANNUAL BUDGET, WHICH IS APPROVED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 DURING THE TAX YEAR, THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS WERE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 1,764,413. MANAGEMENT AND GENERAL EXPENSES 288,122. FUNDRAISING EXPENSES 12,503. TOTAL EXPENSES 2,065,038. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 75,275. MANAGEMENT AND GENERAL EXPENSES 12,292. FUNDRAISING EXPENSES 533. TOTAL EXPENSES 88,100. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGE FROM PRIOR YEAR.