2021-05-13T09:18:10-05:00 2020-06-30 135565207 KPMG LLP 300 North Greene Street Greensboro NC 27401 990 2019-07-01 591083502 Nova Southeastern University Inc NOVA 9542625258 3301 College Avenue Fort Lauderdale FL 33314 George L Hanbury IIPhD President and CEO 9542627500 2021-05-13 1 Whitney B Hebron P01226647 3362753394 2019 2022-09-23 18:48:47Z Nova Southeastern University George L Hanbury IIPhD 3301 College Avenue Fort Lauderdale FL 33314 1126776533 0 X www.nova.edu X 1964 FL Nova Southeastern University's primary activity is to provide educational services. See Part III. 25 23 9230 1425 4854784 0 49646919 58628987 660009285 701216401 17817740 13347815 5229077 4649591 732703021 777842794 84318021 109492447 0 0 378940638 370269411 126920 145251 3458267 240321010 273739717 703706589 753646826 28996432 24195968 1546343253 1601599606 657910765 676704319 888432488 924895287 X The mission of Nova Southeastern University, a private, not-for-profit institution, is to offer a diverse array of innovative academic programs that complement on-campus educational opportunities and resources with accessible, (continued on Schedule O) distance-learning programs to foster academic excellence, intellectual inquiry, leadership, research, and commitment to community through engagement of students and faculty members in a dynamic lifelong learning environment. 0 0 344144891 94967803 612296264 Instructional Services: Nova Southeastern University (NSU) offers undergraduate degrees, graduate and first professional degrees, and certificate programs to more than 20,000 full-time and part-time students in a wide range of fields, including the humanities, biological and environmental sciences, business, counseling, computer and information sciences, conflict resolution, education, family therapy, medicine, dentistry, various other health professions, law, marine science, performing and visual arts, psychology, and other social sciences. Courses are taught at 4 South Florida campuses; 8 regional campus locations, including Puerto Rico; and at sites in 14 states, as well as foreign countries. (continued on Schedule O)NSU has 18 colleges and schools: Abraham S. Fischler College of Education; College of Arts, Humanities, and Social Sciences; College of Dental Medicine; College of Engineering and Computing; College of Medical Sciences; College of Optometry; College of Pharmacy; College of Psychology; Dr. Kiran C. Patel College of Allopathic Medicine; Dr. Kiran C. Patel College of Osteopathic Medicine; Dr. Pallavi Patel College of Health Care Sciences; Farquhar Honors College; H. Wayne Huizenga College of Business and Entrepreneurship; Halmos College of Natural Sciences and Oceanography; Ron and Kathy Assaf College of Nursing; Shepard Broad College of Law; Mailman Segal Center for Human Development; and the NSU University School.Fiscal 2020 brought significant milestones in strategic initiatives. In fall 2019, NSU welcomed its largest, highly academically qualified, undergraduate class with 1,526 first-time-in college freshmen. For the third year in a row, NSU's overall undergraduate enrollment increased compared to the previous fall. The first-time freshman retention rate was the highest in NSU's history and the weighted average GPA of 4.0 remained at an all-time high. Also in fall 2019, the University's newest student residence hall, Mako Hall, welcomed its first residents, supporting the growth in the undergraduate population. Beginning July 2019, NSU's Tampa Bay Regional Campus has a new home in Clearwater, Florida. The more than 300,000-square-foot, state-of-the-art facility, leased by NSU, houses several educational programs and serves as a new branch site supporting the expansion of NSU's Dr. Kiran C. Patel College of Osteopathic Medicine. During fiscal 2020 (fall 2019), NSU's Dr. Kiran C. Patel College of Osteopathic Medicine welcomed its first class of 162 students at the new Tampa Bay Regional Campus. In fiscal 2020, NSU also continued its steady progress toward its research and external funding goals, with numerous federal and state grant awards addressing topics of national significance. There have been many other notable successes in the past year. NSU was top ranked by Forbes, U.S. News & World Report, and OnlineColleges.com. 92484493 37573 8663507 Academic Support: Programs include the NSU library system, computer services, museum of art operations, student education center operations and maintenance of facilities dedicated to instructional activities. The university library system is composed of the Alvin Sherman Library, Research, and Information Technology Center; the Health Professions Division Library; the Law Center Library; the Oceanography Library; and the NSU University School Media Center. The 325,000-square-foot Alvin Sherman Library, Research, and Information Technology Center is a joint-use facility with the Broward County Board of County Commissioners. The facility contains electronic classrooms, group-study rooms, a large collaborative study room, a cafe, and service desks with staff trained and ready to serve library users. 57815064 655514 42436456 Auxiliary Enterprises: The Health Professions Division has outpatient facilities that provide medical, dental, optometry, pharmacy, occupational therapy, and physical therapy services, as well as audiology and hearing and balance services. It also operates The Speech-Language Pathology Clinic, which provides testing and rehabilitation services to schools and individuals. The College of Psychology provides mental health services through the Psychology Services Center. The College of Arts, Humanities, and Social Sciences provides family therapy services through the Brief Therapy Institute and the Mailman Segal Center for Human Development houses the Unicorn Children's Foundation Clinics. NSU has eight residence halls (continued on Schedule O)on the main campus that serves undergraduate, graduate, health professions, and law students, with a capacity for housing nearly 2,200 students. The Don Taft University Center is a state-of-the-art, 366,000-square-foot facility that features three NCAA competition courts in the main arena, as well as two intramural courts, group fitness and instruction rooms, cardio and weight training areas, squash courts, a rock climbing wall, and The Flight Deck (student lounge). The Performing and Visual Arts Wing of the Don Taft University Center includes state-of-the-art classrooms and facilities that support the art, dance, music, and theatre majors of the Department of Performing and Visual Arts at the College of Arts, Humanities, and Social Sciences (CAHSS). 159018064 13831557 37979050 Nova Southeastern University goes beyond its primary mission by reaching out to the community with diverse service programs and community-based research. NSU is 1 of only 360 colleges and universities nationally selected for the Carnegie Foundation's Community Engagement Classification, and 1 of only 59 colleges and universities to hold both community engaged and high research activity designations.NSU delivers tangible benefits, including junior kindergarten through doctoral education, physical infrastructure, a professional workforce, employment opportunities, delivery of health care and law services in Broward and Miami-Dade counties, lifelong learning options, community-service initiatives, and public access to cultural and scholarly experiences. NSU continues to grow its academic and scientific research activities. More than 200 research projects are currently under way at NSU, including studies on cardiovascular disease, anti-cancer therapies, chronic fatigue syndrome, autism, coral reef restoration, stem cells, and wildlife DNA forensics, among other subjects. The Center for Collaborative Research (CCR) consists of 215,000 square feet of research and collaborative spaces. This project is registered with the U.S. Green Building Council (USGBC) and is the first NSU facility to achieve a LEED certification level of Gold. The facility houses core facilities including Genomics, Flow Cytometry, Cell Therapy and Imaging. The CCR is expected to bring multiple disciplines together, with students and NSU faculty members partnering with professionals and organizations outside of the NSU community-furthering cutting-edge research and developing technologies that will benefit the global community. In fiscal 2020, NSU continued its steady progress toward its research and external funding goals, with numerous federal and state grant awards addressing topics of national significance. For example, The Halmos College of Arts and Sciences received a five-year $2.8 million award from the National Oceanic and Atmospheric Administration to research the Gulf of Mexico's deep-pelagic habitats to narrow the data gap and ascertain long term trends occurring in this vital ecosystem. The Dr. Kiran C. Patel College of Osteopathic Medicine received a five-year, $3.5 million award to implement a comprehensive geriatric workforce training program that will improve the competency of health care workers and caregivers in meeting the unique needs of South Florida's older adult population. 159018064 13831557 37979050 653462512 1 1 0 1 0 0 0 1 0 1 1 0 0 0 1 1 0 1 1 1 1 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 1 0 0 1 0 0 1 1 1 1 0 0 1 27291 0 1 9230 1 1 1 1 CJ 0 0 0 1 1 0 0 0 1 0 0 0 X 25 23 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA IN MA MI NY SC X Alyson Silva VP of Finance & CFO 9542625258 3301 College Avenue Fort Lauderdale FL 33314 George L Hanbury II PhD President/Chief Executive Officer 37.50 0.10 X X 911365 0 49655 Johannes G Vieweg Dean - Coll. Of Allopathic Medicine 37.50 X 592733 0 50349 Frederick Lippman Chancellor HPD 37.50 4.06 X 510660 0 29331 Harry K Moon Exec VP & COO 37.50 X 457291 0 45155 Ray Ferrero University Chancellor 37.50 X 441166 0 49910 Elaine M Wallace Dean - Coll. of Osteopathic Medicine 37.50 X 459309 0 19541 Ralph Rogers Professor 37.50 X 407626 0 47530 Jennifer O'Flannery Anderson VP Advancement & Comm. Relations 37.50 X 363035 0 46055 Kenneth E Johnson Asst. Dean / Professor 37.50 X 330033 0 52599 Alyson Silva VP Finance & CFO 37.50 X 308230 0 50203 Ronald Chenail Interim Provost/Exec VP Acad Affairs 37.50 X 307750 0 47846 Irving Rosenbaum Former Key Employee 37.50 X 267957 0 34949 Stanley Wilson Asst. Dean / Professor 37.50 X 235729 0 41891 Anthony N Ottaviani Trustee 1.00 4.06 X 25000 0 0 Ronald G Assaf Trustee 1.00 0.10 X 0 0 0 Walter L Banks Sr Trustee 1.00 X 0 0 0 Mitchell W Berger Trustee 1.00 X 0 0 0 Rick Case Trustee 1.00 X 0 0 0 R Douglas Donn Trustee 1.00 X 0 0 0 Arthur J Falcone Trustee 1.00 X 0 0 0 Steven J Halmos Trustee 1.00 X 0 0 0 Carol Harrison Kalagher Trustee 1.00 X 0 0 0 Susanne Hurowitz Trustee 1.00 X 0 0 0 Mike Jackson Trustee 1.00 X 0 0 0 Milton L Jones Jr Trustee 1.00 X 0 0 0 Barbara Trebbi Landry Trustee 1.00 X 0 0 0 Alan B Levan Trustee 1.00 0.10 X 0 0 0 Nell McMillan Lewis Trustee 1.00 X 0 0 0 Albert J Miniaci Trustee 1.00 X 0 0 0 Samuel F Morrison Secretary 1.00 X X 0 0 0 Charles L Palmer Chair 1.00 0.81 X 0 0 0 Kiran C Patel Trustee 1.00 X 0 0 0 Martin R Press Trustee 1.00 X 0 0 0 Paul M Sallarulo Trustee 1.00 X 0 0 0 Barry J Silverman Vice Chair 1.00 2.44 X 0 0 0 J Kenneth Tate Trustee 1.00 0.41 X 0 0 0 Zachariah P Zachariah Trustee 1.00 X 0 0 0 Michael Zager Trustee 1.00 X 0 0 0 5617884 0 565014 689 1 1 0 Rise Sharks LLC 129 Patterson Street Valdosta GA 31601 Construction 40776831 ABM Industries Inc 14141 S W Freeway Suite 400 Sugar Land TX 77478 Janitorial 10173945 Grycon LLC 4101 Ravenswood Rd Ste 325 Dania Beach FL 33312 Construction 9476856 Chartwells PO BOX 50196 Los Angeles CA 90074 Food Services 8347074 Panza Maurer & Maynard PA 2400 E Commercial Blvd Ft Lauderdale FL 33308 Legal 5449073 107 366560 552076 41396894 16313457 58628987 Tuition and Fees 611710 643214970 643214970 Auxiliary Operation 611710 42596119 19428740 23167379 15405312 15370262 35050 701216401 11199859 2190 11197669 371885 294295 77590 77590 77590 348899581 795611 347334415 212821 1565166 582790 2147956 2147956 95744 366560 500163 -404419 -404419 1303885 592045 711840 122303 589537 Grande Oaks LLC 713910 4264580 36573 4228007 4264580 777842794 678172848 4854784 36186175 5015164 5015164 104465333 104465333 11950 11950 3631158 1130486 2178674 321998 294378912 258163230 35077485 1138197 19742655 17290775 2370320 81560 31428743 27388543 3890646 149554 21087943 18359239 2626588 102116 7893273 142239 7751034 718148 31652 686496 1073795 1073795 145251 145251 658903 658903 25491915 22134748 3250595 106572 9289432 3730809 5504918 53705 26454792 20791218 5221908 441666 13521440 11763933 1644448 113059 59706134 50239877 9424662 41595 4271722 3599425 655476 16821 1388068 1156061 204346 27661 17653329 17346301 307028 41963037 37113051 4644182 205804 13718705 8239943 5478762 Extinguishment of Debt 20481412 20102844 378568 0 Small Equipment 9517015 9287543 135170 94302 Bad Debt Expense 5409337 4587884 821453 Special Promotions 3908701 2748446 752972 407283 10620559 8621818 1987618 11123 753646826 653462512 96726047 3458267 29150620 37670635 21998463 32376816 64731973 54202182 21749851 26050872 6729497 6284692 943777 957778 7687862 9944674 1462195434 522656253 944556382 939539181 370748588 427942762 25404501 31708178 52641739 34921836 1546343253 1601599606 54616253 46470695 77110741 79814405 469200203 491081479 5859649 0 51123919 59337740 657910765 676704319 X 723667365 760680292 164765123 164214995 888432488 924895287 1546343253 1601599606 24195968 4070267 8196564 0 X 0 1 X 1 1 1 X 47874466 43366741 106572069 49646919 58628987 306089182 47874466 43366741 106572069 49646919 58628987 306089182 50174882 255914300 8750566 8504133 18854456 9574190 11571744 57255089 363344271 3243150140 0.70430 0.70050 X Part II, Column (d) 2018, Lines 1 and 8 On the tax year 2018 form, support of $796,768 was included in Line 8, but should have been reported on Line 1. This amount has been reclassified from Line 8 to Line 1. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 16500 1 1057295 0 0 1073795 0 Part II-B, Line 1: Line 1f: During the reporting period, a portion of the university's payment to a 501 (c) membership organization was allocated to support its lobbyist who works to secure state funding. Line 1g: These expenses are primarily for services of professional consultants hired by the university to engage in direct lobbying. These consultants work on Nova Southeastern University's behalf meeting or calling on government officials or legislators requesting support for specific projects and programs regarding higher education, research funding and other legislation which could impact the university. Also included are travel costs for students and faculty to travel to Washington DC to participate in the American Association of Colleges of Osteopathic Medicine's "Day on Capitol Hill" to educate legislators about their medical profession and voice their support for federal policies and programs that are vital to the full continuum of their profession. X X X X 0 170727010 5165324 2173352 3239410 675467 174150809 161144576 8309461 5232608 3115159 844476 170727010 117805966 38638012 8588837 2417791 1470448 161144576 104544405 4758886 12763778 1934811 2326292 117805966 102731211 7212400 -1607095 1567725 2224386 104544405 0.29000 0.54000 0.17000 0 0 89106 72615464 72704570 958372224 245851315 712520909 34226024 32833341 1392683 195663391 117576647 78086744 201229225 126394950 74834275 939539181 Other Current Liabilities 15372914 Accrued Insurance 14323056 Grande Oaks Other LT Liabilities 3475454 Current Student Deposit 6724466 Long Term Refundable Perkins 3814992 Deferred Rent Liability 4423145 Other Long Term Liabilities 8211491 LT Refundable DHHS Liability 2992222 59337740 X Part III, Line 1a: The NSU Art Museum Fort Lauderdale acquires art for its collection through purchase or gift. As permitted by SFAS 116 (ASC 958), accounting for contributions received and contributions made, the Museum does not include its collection items as assets in the consolidated statement of financial position. Accordingly, no value has been assigned to the Museum's art collection. The University's policy requires any proceeds from sales of collection items to be used to acquire other items for the collection. Proceeds from the sale of collection items and expenditures for collection items purchased are reflected in the consolidated statement of activities within other revenues and expenses, respectively. Part III, Line 4: Nova Southeastern University operates the NSU Art Museum Fort Lauderdale. In service to the public, the mission of the Museum is to actively engage diverse audiences in the appreciation of works of art through innovative exhibitions, education programs, publications, and collection activities. This mission is consistent with the University's exempt educational purpose. Part V, line 1g Col (a): The amounts listed in Part V, Line 1g, include endowment-related pledges receivable. As of June 30, 2020 endowment-related pledges receivable totaled $37.7 million. Part V, Line 4: The University's endowment consists of approximately 361 individual endowments (which includes both donor restricted endowment funds and funds designated by the board of trustees) which have been set aside and invested primarily for scholarships. Part X, Line 2: Accounting for Uncertainty in Income Taxes: The University follows the guidance contained in ASC 740, Income Taxes. ASC 740 addresses the accounting for uncertainty in income taxes recognized in an entity'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. There were no uncertain tax positions recorded in the consolidated financial statements for fiscal years 2020 and 2019. 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 Line 3 - Explanation of Nondiscrimination Policy: Consistent with all federal and state laws, rules, regulations, and/or local ordinances (e.g. Title VII, Title VI, Title III, Title II, Rehab Act, ADA, Title IX, and the Florida Civil Rights Act), it is the policy of Nova Southeastern University not to engage in discrimination or harassment against any persons because of race, color, religion or creed, sex, pregnancy, national or ethnic origin, non-disqualifying disability, age, ancestry, marital status, sexual orientation (including identity and expression), military service, veteran status, political beliefs or affiliations, and to comply with all federal and state nondiscrimination, equal opportunity and affirmative action laws, orders, and regulations. This nondiscrimination policy applies to admissions, enrollment, scholarships, loan programs, athletics, employment, and access to, participation in, and treatment in all university centers, programs, and activities. NSU admits students of any race, color, religion or creed, sex, pregnancy, national or ethnic origin, non-disqualifying disability, age, ancestry, marital status, sexual orientation (including identity and expression), military service, veteran status, political beliefs or affiliations, and activities generally accorded or made available to students at NSU and does not discriminate in the administration of its educational policies, admission policies, scholarship and loan programs, and athletic and other school administered programs. Line 6 - Explanation of Government Financial Aid: Students receive financial aid from the federal government. State aid is provided through grants. 1 North America 1 1 Program Services Academic Studies 45267 South America 1 1 Program Services Academic Studies 36201 Central America/Caribbean 1 1 Program Services Academic Studies 26597 Europe 1 3 Program Services Academic Studies 43340 Central America/Caribbean 0 3 Program Services Research 4430 Central America/Caribbean 0 3 Fundraising Event 68141 Central America/Caribbean 0 0 Program Services Grants/Assistance 11950 South Asia 0 1 Program Services Mission Trip 89296 Central America/Caribbean Investments 19264301 4 13 0 0 4 13 325222 19264301 19589523 NSU Cares Relief Fund Central America/Caribbean 24 11950 bank wire 1 0 1 0 1 1 Part I, Line 2: NSU Office of Sponsored Programs maintains a written, formal policy that outlines the procedures and guidelines for monitoring the use of sponsored funds by subrecipients. Prior to entering into a subaward agreement, NSU will assess subrecipient risk based on factors such as financial stability, experience with federal awards, quality of management systems and internal controls, and prior audit results. NSU will determine what type of monitoring activities are warranted based on risk, and develop a subrecipient monitoring plan. NSU will subsequently enter into a subaward agreement with each subrecipient which properly identifies prime award information, compliance requirements, and subrecipient monitoring documents required, as applicable. Throughout the period of performance, the Principal Investigator for the project monitors the programmatic activities of the subrecipient; determining that appropriate progress has been made; receiving, reviewing and retaining copies of required programmatic reports; and reviewing/approving subrecipient invoices prior to submitting to the NSU Office of Sponsored Programs for approval and processing. As part of the initial risk assessment and throughout the period of performance of the subaward, NSU will collaboratively review any deficiencies pertaining to the sponsored award that are identified through audits or other means, and issue a management decision. Part I, line 3: The amounts reported in column (f) include primarily the direct expenditures for the regions listed, recorded on the accrual method of accounting. Part III Accounting Method: X X X X X X X 1 Grenzebach Glier & Assoc 200 S Michigan Ave 2100 Chicago IL 60604 campaign consulting 0 0 113384 -113384 Sass Strategies 2063 NE 182 Street North Miami Beach FL 33162 consulting 0 0 25000 -25000 138384 -138384 AL AK AR CA CO CT FL GA HI IL KS KY ME MD MA MI MN MS MO NV NH NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI NJ Fishing Trip 150462 117962 32500 54940 13201 Celebration of Excellence 139400 108650 30750 190385 113212 19060 43407 4 172442 139948 32494 2437 28146 550 34825 462304 366560 95744 247762 141358 19610 91433 500163 -404419 Schedule G, Part I, Line 2b, Column (v) Schedule G, Part 1, Line 2b, Column (v) Grenzebach Glier and Associates - The total amount paid to Grenzebach Glier and Associates during the fiscal year ended June 30, 2020 was $120,251 which included professional fundraising fees of $113,384 and expenses of $6,867. The contract between Nova Southeastern University and Grenzebach Glier and Associates calls for the reimbursement of travel related fundraising expenses such as airfare and hotel, which are invoiced separately. 1 Central Florida Ahec Inc 328 S Central Ave Apopka FL 32703 593050122 501(C)(3) 1309510 subcontract Everglades Ahec 5725 Corporate Way Ste 102 West Palm Beach FL 33407 592740558 501(C)(3) 1139435 subcontract Research Triangle Institute PO BOX 12194 Research Triangle Park NC 27709 560686338 501(C)(3) 345510 subcontract Miami Dade College 11011 SW 104 Street Miami FL 33176 591210485 501(C)(3) 194248 subcontract Ocean Data Technologies Inc 31 School Street Hyannis MA 02601 510472003 other 183020 subcontract South Florida Veterans Affairs Foundation for Research & Education Inc 1201 NW 16 St Rm 2A106 Miami FL 33125 650207903 501(C)(3) 179705 subcontract Emory University 1462 Clinton Rd Atlanta GA 30322 580566256 501(C)(3) 171403 subcontract Coastal Eco-Group Inc 810 SE 8th Avenue Ste C Deerfield Beach FL 33441 203829350 other 112422 subcontract Texas A&M Univ at Galveston 400 Harvey Mitchell Pkwy S Suite 300 College Station TX 77845 742125225 govt 111510 subcontract Broward Community & Family Health Ctr Inc 6015 Washington Street 200 Hollywood FL 33021 593489664 501(C)(3) 111187 subcontract University of South Florida PO Box 864568 Orlando FL 32886 593102112 govt 108611 subcontract Rochester General Hospital 100 Kings Hwy South Rochester NY 14617 160743134 501(C)(3) 103353 subcontract Cornell University 341 Pine Tree Road Ithaca NY 14850 150532082 501(C)(3) 75000 subcontract Florida International University ORED MARC 470 Miami FL 33199 650177616 govt 60496 subcontract Sigma Educational Services LLC 123 West Ruelle Mandeville LA 70471 262909755 other 58278 subcontract Meta Media Training Intl Inc 5257 Buckeystown Pike Frederick MD 21704 522236176 other 56985 subcontract CosmosID Inc 1600 East Gude Dr Ste 210 Rocville MD 20850 261621629 other 54801 subcontract Tri-State Maritime Safety Assn 425 Carl Miller Blvd Camden NJ 08104 223661801 other 50991 subcontract Caridad Center 8645 W Boynton Beach Blvd Boynton Beach FL 33472 650149423 501(C)(3) 46229 subcontract Georgetown University 37th and O Streets NW Washington DC 20057 530196603 501(C)(3) 41839 subcontract Duke University 324 Blackwell St Durham NC 27701 560532129 501(C)(3) 39104 subcontract Florida Atlantic University 777 Glades Road Boca Raton FL 33431 650385507 govt 31175 subcontract Boston University 881 Commonwealth Avenue Boston MA 02215 042103547 501(C)(3) 23571 subcontract University of North Carolina at Cha 9201 University City Boulevard Charlotte NC 82223 560791228 govt 22996 subcontract The Florida Aquarium Inc 701 Channelside Drive Tampa FL 33602 592807815 501(C)(3) 20120 subcontract South Florida Autism Charter School 18305 NW 75 Pl Hialeah FL 33015 263880489 501(C)(3) 20000 subcontract Florida State University 282 Champion Way Tallahassee FL 32306 591961248 govt 17921 subcontract Univ of North Texas-UNT 1155 Union Cir Denton TX 76203 756002149 govt 15066 subcontract University of Connecticut Health Center 263 Farminton Ave Farington CT 06034 521725543 other 15030 subcontract Florida Gulf Coast University 10501 FGCU Blvd Fort Myers FL 33965 650753801 govt 13047 subcontract The Scripps Research Institute 10550 North Torrey Pines Rd La Jolla CA 92037 330435954 501(C)(3) 12628 subcontract Stable Place Inc PO BOX 30334 Fort Lauderdale FL 33301 461413051 501(C)(3) 11100 subcontract Carnegie Mellon PO Box 371032 Pittsburg PA 15250 250969449 501(C)(3) 8120 subcontract The Research Foundation for SUNY PO BOX 9 Albany NY 12201 141368361 501(C)(3) 7866 subcontract Coral Restoration Foundation Inc 89111 Overseas Hwy Tavernier FL 33010 651054647 501(C)(3) 6118 subcontract Wildlife Computers 8310 154 Ave NE Ste 150 Redmondn WA 98052 911580419 other 5730 subcontract San Antonio Zoo 3903 N St Marys Street San Antonio TX 78212 741323695 501(C)(3) 5388 subcontract Junior Achievement of South Florida 1130 Coconut Creek Blvd Coconut Creek FL 33066 590871446 501(C)(3) 92500 contribution United Way Of Broward County Inc 1300 South Andrews Avenue Fort Lauderdale FL 33316 590624402 501(C)(3) 25000 contribution Broward Public Library Foundation Inc 100 South Andrews Avenue Fort Lauderdale FL 33301 592224746 501(C)(3) 15000 contribution Hispanic Unity of Florida Inc 5840 Johnson Street Hollywood FL 33021 592230272 501(C)(3) 10000 contribution Winterfest Inc 512 NE 3 Avenue Fort Lauderdale FL 33301 650059092 501(C)(3) 10000 contribution Team Rubicon 6171 W Century Blvd Ste 310 Los Angeles CA 90045 271720480 501(C)(3) 8771 contribution Urban League of Broward County 560 NW 27 Avenue Fort Lauderdale FL 33311 591564384 501(C)(3) 7500 contribution American Heart Association 72752 Greenville Avenue Dallas TX 75231 135613797 501(C)(3) 7500 contribution Broward County Board of County Comm 115 S Andrews Avenue Fort Lauderdale FL 33301 596000531 govt 5000 contribution Women in Distress of Broward County Inc PO BOX 50187 Lighthouse Point FL 33074 591592524 501(C)(3) 5000 contribution Autism Speaks 1 East 33 Street New York NY 10016 202329938 501(C)(3) 5000 contribution Jewish Federation of Broward County 5890 South Pine Island Road Davie FL 33328 590967823 501(C)(3) 5000 contribution Broward Health Foundation 1201 S Andrews Avenue Fort Lauderdale FL 33316 650930889 501(C)(3) 5000 contribution Humane Society of Brwd Cnty 2070 Griffin Road Fort Lauderdale FL 33312 596002321 501(C)(3) 5000 contribution 43 8 Student Financial Assistance 9030 100820827 n/a Cares Act Higher Education Emergency Relief 1593 3578597 n/a Covid Relief Support 132 65909 n/a Part I, Line 2: NSU Office of Sponsored Programs maintains a written, formal policy that outlines the procedures and guidelines for monitoring the use of sponsored funds by subrecipients. Prior to entering into a subaward agreement, NSU will assess subrecipient risk based on factors such as financial stability, experience with federal awards, quality of management systems and internal controls, and prior audit results. NSU will determine what type of monitoring activities are warranted based on risk, and develop a subrecipient monitoring plan. NSU will subsequently enter into a subaward agreement with each subrecipient which properly identifies prime award information, compliance requirements, and subrecipient monitoring documents required, as applicable. Throughout the period of performance, the Principal Investigator for the project monitors the programmatic activities of the subrecipient; determining that appropriate progress has been made; receiving, reviewing and retaining copies of required programmatic reports; and reviewing/approving subrecipient invoices prior to submitting to the NSU Office of Sponsored Programs for approval and processing. As part of the initial risk assessment and throughout the period of performance of the subaward, NSU will collaboratively review any deficiencies pertaining to the sponsored award that are identified through audits or other means, and issue a management decision. Schedule I, Part I, Line 2: Institutional grants awarded to students are recorded to individual student accounts and to each college departmental account using specific contra revenue account codes. The number of recipients and amount of awards varies by center and program. Funds set aside for scholarships are budgeted annually and included in the University's budget plan approved by the Board of Trustees. X X X X X 1 1 X X X X 0 0 0 0 0 0 0 1 0 George L Hanbury II PhD President/Chief Executive Officer 713259 0 0 0 198106 0 28000 0 21655 0 961020 0 0 0 Johannes G Vieweg Dean - Coll. Of Allopathic Medicine 582857 0 1000 0 8876 0 28000 0 22349 0 643082 0 0 0 Frederick Lippman Chancellor HPD 456544 0 1000 0 53116 0 28000 0 1331 0 539991 0 0 0 Harry K Moon Exec VP & COO 441803 0 1000 0 14488 0 28000 0 17155 0 502446 0 0 0 Ray Ferrero University Chancellor 396610 0 0 0 44556 0 28000 0 21910 0 491076 0 0 0 Elaine M Wallace Dean - Coll. of Osteopathic Medicine 447420 0 1000 0 10889 0 9003 0 10538 0 478850 0 0 0 Ralph Rogers Professor 402535 0 1000 0 4091 0 28000 0 19530 0 455156 0 0 0 Jennifer O'Flannery Anderson VP Advancement & Comm. Relations 354307 0 1000 0 7728 0 28000 0 18055 0 409090 0 0 0 Kenneth E Johnson Asst. Dean / Professor 326807 0 1000 0 2226 0 28000 0 24599 0 382632 0 0 0 Alyson Silva VP Finance & CFO 306908 0 1000 0 322 0 28000 0 22203 0 358433 0 0 0 Ronald Chenail Interim Provost/Exec VP Acad Affairs 298190 0 1000 0 8560 0 28000 0 19846 0 355596 0 0 0 Irving Rosenbaum Former Key Employee 264808 0 1000 0 2149 0 26152 0 8797 0 302906 0 0 0 Stanley Wilson Asst. Dean / Professor 233226 0 1000 0 1503 0 24294 0 17597 0 277620 0 0 0 Part I, Line 1a Supplemental Compensation Information: Line 1- First class travel- Per the travel policy of Nova Southeastern University, Inc., all travel must be by the most direct or economical route. Higher fares may be reimbursable only when coach accommodations would: (1) require circuitous routing; (2) require travel during unreasonable hours; (3) greatly increase the duration of the flight; (4) result in additional costs which would offset the transportation savings; (5) offer accommodations which are not reasonably adequate for the medical needs of the traveler. These exceptions will require the traveler to submit a letter of approval signed by their Dean or Vice President. When traveling by air, the Board of Trustees have approved the President and his spouse to travel at a First Class fare (or business class if it is not available), while taking care to use available coupons, rewards or certificates when feasible. Line 2-Travel for companions -Per the travel policy of Nova Southeastern University, Inc., when a spouse or dependent accompanies the employee, the University will pay for only the travel costs of the employee. Occasionally, spouses of faculty and staff are asked to travel on University business. Spouse travel reimbursement by the University requires approval by a Dean or Officer, or their authorized representative. If the business purpose of the spousal travel is not properly documented, it will be taxed to the employee. Line 3- Tax gross-up payments may occasionally be provided to university employees and in those instances are included in taxable compensation. Line 5-A housing allowance is provided to the president of the University. This allowance is fully taxable to the recipient. Line 7-The university pays for club dues on behalf of certain executives, some of which are treated as taxable to the employee and included in his or her compensation. Part I, Line 7 A $1,000 merit bonus was awarded to every full-time faculty and staff member. A HEFFA Series 2016 900058227 34073TGK7 2016-05-12 103761055 Refund 2006 & 2011 0 0 0 B Town of Davie Florida Series 2018 596046527 23867PBU1 2018-07-27 157517526 Const. & Refund 2008A 0 0 0 C FDFC Series 2020A 593270584 34061UEZ7 2020-06-30 44529711 Refund 2009 & 2012B 0 0 0 A 103992585 985325 103007260 2016 1 1 1 1 B 1490000 158795873 4669058 1511755 93575820 54201197 4838043 2019 1 0 0 1 C 44529711 392680 44137031 2019 1 0 1 1 A 0 0 1 1 0 0 0 1 B 0 0 1 1 0 0 0 1 C 0 1 1 1 0 0.00760 0.00760 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 Part I, Column (a)Full Name of Bond Issue and (f)Description of Purpose Row A: (a)Higher Educational Facility Financing Authority (HEFFA)/Series 2016 (f)Refund the outstanding BCEFA Series 2006 issued on April 12, 2006 and partially refund the HEFFA Series 2011 Bonds issued on February 15, 2011 Row B: (a)Town of Davie, Florida 2018 (f)Refund the outstanding 2008A Bonds and building an approximately 609-bed dormitory facility and approximately 1,300- space parking garage on main campus and may also be used to finance and refinance, all or in part, the acquisition,construction,improvement and equipping of other residence halls and classrooms located on the main campus Bonds issued on July 27, 2018 Row C: (a)Florida Development Finance Corporation (FDFC)Series 2020A (f)Refund the outstanding Town of Davie, Florida Series 2009 and the HEFFA Series 2012B bond Bonds issued on June 30, 2020 Part II, Line 3: Total proceeds of HEFFA/Series 2016 bond includes investments earnings totaling $231,530. Part II, Line 3: Total proceeds of Town of Davie, Florida 2018 bond includes investments earnings totaling $1,320,426 and the unused cost of issuance totaling $28,402 (explained more fully in Part VI Disclosure for Part II, Line 7). Part II, Line 7: Town of Davie, Florida series 2018 Cost of Issuance: The cost of issuance per the Form 8038 totaling 1,540,157 is $28,402 more than the amount reported on Part II, line 7 totaling $1,511,755 due to the actual cost of issuance being less than budgeted. As a result, the $28,402 will be expended for Series 2018 projects. Part II, Line 13 The years of substantial completion reported on Part II, Line 13 represent the calendar year in which the University's fiscal year began. Part III, Line 2: FDFC, Series 2020A The University reviews the use of its bond-financed facilities and consults with bond counsel regularly. The University has determined that any private business use through leases of bond-financed facilities are fully offset with qualified equity through direct or floating allocation. Part III, Line 3 The University reviews the use of its bond-financed facilities and consults with bond counsel regularly. The University has determined that all management and service contracts fall within one of the available safe harbors under Rev. Proc. 97-13 or 2017-13 or the incidental use exception 83800 Tuition Waivers/Scholarships for family members To attend Nova Southeastern University 1452 Tuition Waivers/Scholarships for Key Employees to attend Nova Southeastern University Nicole D Darden Family member of current key employee, Stanley Wilson. 53291 Employment at Nova Southeastern University, Inc. 0 Anne H Rambo Family member of former key employee, Irving Rosenbaum 146164 Employment at Nova Southeastern University, Inc. 0 Jill Wallace Ross Family member of current key employee, Elaine Wallace 204696 Employment at Nova Southeastern University, Inc. 0 X 5 0 X 1 0 X 15 0 X See Part II 5 0 X See Part II 41 0 2 0 1 0 Part I, Column (b): The amount reported is column (b) represents the number of contributions received throughout the year for each type of property listed. Schedule M, Part I, Line 25: Equipment - non cash contributions of various equipment. Schedule M, Part I, Line 26: Other - includes various items to be used or auctioned at fundraising events, such as dining gift cards and tickets to special events. Schedule M, Part I, Line 33: Works of art on line 1(c) were not reported as revenue, as permitted under generally accepted accounting principles. A zero amount was reported for those contributions because the organization does not capitalize its collections, as allowed under ASC 958-360-25, formerly known as SFAS 116. Other than works of art, in instances where no amounts were reported in column (c), contribution revenue was not recorded based on immateriality. Form 990, Part VI, Section A, line 1 Explain delegation of authority to an executive committee by the governing body: In accordance to Nova Southeastern University bylaws, the Executive Committee, established by the Board of Trustees (BOT), consists of the Chair of the Board of Trustees who shall serve as Chair of the Executive Committee, the Vice Chair of the Board of Trustees, the President, the chairs of the standing committees of the Board, and no more than two (2) other members of the Board as designated by the Board Chair. The Executive Committee has the power to transact all business delegated to it by the BOT and shall, during periods between meetings of the BOT and for all matters of an urgent nature for which it is impractical or impossible to delay decisions until the next meeting of the BOT, have the power to transact all business of the BOT in the management of the Corporation, subject to any limitations otherwise imposed on the BOT as a whole. The Executive Committee shall have such additional powers as conferred upon it by the BOT, and shall report in writing to the BOT following each meeting. Form 990, Part VI, Section A, line 2 Trustee J. Kenneth Tate has a business relationship with Trustee Albert Miniaci. Form 990, Part VI, Section B, line 11b Describe the process used by the organization to review this Form 990: The Form 990 is prepared by the Nova Southeastern University finance staff and presented to the University's outside tax accountants (KPMG, LLP) for review. After review by the outside tax accountants, a draft copy of the Form 990 and all required schedules are provided for review to the Vice President of Finance/Chief Financial Officer and the President/Chief Executive Officer of the University. Upon completion of the internal review, the final form 990 and all required schedules are initially provided to the Executive Committee of the Board of Trustees and subsequently made available to the full Board of Trustees prior to filing. Form 990, Part VI, Section B, line 12c Describe how the organization monitors and enforces compliance with its conflict of interest policy: Nova Southeastern University (NSU) has a written Conflict of Interest/Conflict of Commitment Policy which applies to all NSU employees. Anyone with knowledge of a conflict or potential conflict is required to immediately advise their Dean/Vice President or the Office of Human Resources. All full-time and part-time faculty members and staff members at the Director level and above are required to complete a Conflict of Interest/Conflict of Commitment Declaration & Disclosure Statement, upon hire and then annually, identifying any actual or potential conflicts. If a potential or perceived conflict of interest/conflict of commitment is identified, the Dean/Vice President is responsible for developing and monitoring a Management plan to address the conflict. Under the Conflict of Interest Policy affecting Trustees in the Audit Committee and Compliance Committee Charter, Trustees have a duty at all times to promptly disclose in writing to the NSU President any current, proposed or pending situation that does or may constitute a Conflict of Interest. Additionally, the Policy requires that on an annual basis all Trustees must complete and sign a Disclosure/Conflicts of Interest Questionnaire. The policy states how conflicts are managed, reduced or eliminated and with respect to any Conflicts of Interest before the Audit and Compliance Committee or NSU's Board of Trustees, the Trustee in no event with the Conflict of Interest (1) be present, participate in the deliberations, or vote, or (ii) attempt to improperly influence the deliberations or the vote. The Trustee's Conflict of interest and recusal are noted in the minutes to any such meeting. Form 990, Part VI, Section B, line 15 Process for determining compensation of Officers and Key positions: A comparative analysis for the position of President/CEO is performed by the Vice President of Human Resources and provided to the compensation committee of the Board of Trustees whose members are appointed by the Board Chair. The analysis is reported to the Executive Committee, who informs the Board of Trustees. Compensation analysis and recommendations for other university officers and key positions are prepared by the Office of Human Resources and reviewed by the university's senior executives. Form 990, Part VI, Section C, line 19 Nova Southeastern University's audited financial statements are part of its Annual Report which is made available on its website at http://www.nova.edu/fop/. In addition, the public at large may receive a copy of the report upon request. NSU Grande Oaks LLC 3201 W Rolling Hills Circle Fort Lauderdale FL 33328 204811801 Golf Course FL 5568466 38639220 Nova Southeastern University Inc NSU Park Plaza LLC 3301 College Ave Fort Lauderdale FL 33314 954893480 Commercial Real Estate FL 695781 3014001 Nova Southeastern University Inc NSU Health Professions Division Foundation Inc 3200 South University Dr Fort Lauderdale FL 33328 650456144 Support Org FL 501 (c) (3) Line 12c, III-FI Nova Southeastern University 0 NSU Guaranty Insurance Company LTD c/o Willis Mgt PO Box 30600 KY1 12 Grand Cayman CJ KY1-1203 Insurance Captive CJ Nova Southeastern University Inc C 37943280 1.00000 1 The Pointe Corp Office Park Prop Owners Assn Inc 3301 College Ave Fort Lauderdale FL 33314 460743930 Prop Owner's Assn (no activity) FL Nova Southeastern University Inc C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 NSU Guaranty Insurance Company LTD S 604493 claims reimbursed NSU Guaranty Insurance Company LTD Q 37562 expenses reimbursed