TEXAS CHIROPRACTIC COLLEGE FOUNDATION INC: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- TEXAS CHIROPRACTIC COLLEGE FOUNDATION INC (EIN 76-0196908)
- Tax period
- 2018-09-01 to 2019-08-31
- Filed
- 2020-05-12
- IRS object ID
- 202001339349302650
- Schema version
- 2018v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-05-12T14:05:08-05:00 | ReturnTs |
| Tax Period End | 2019-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 741699466 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FITTS ROBERTS KOLKHORST & CO PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5718 WESTHEIMER STE 800 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77057 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 760196908 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TEXAS CHIROPRACTIC COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TEXA | BusinessNameControlTxt |
| Phone | 2814871170 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5912 SPENCER HIGHWAY | AddressLine1Txt |
| City | PASADENA | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77505 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEPHEN FOSTER | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7134871170 | PhoneNum |
| Signature | 2020-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KELLY J HUNTER CPA | PreparerPersonNm |
| PTIN | P00997172 | PTIN |
| Phone | 7132605230 | PhoneNum |
| Preparation | 2020-05-12 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 64.88.174.3 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-05-12 | IPDt |
| IP Tm | 10:08:51 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | ACBDFEEE700CFA420D054D081FED6215EE617651 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | B3F0C16504DD56033D0D02F9D40D01444A9B7CCB | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | STEPHEN FOSTER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5912 SPENCER HIGHWAY | AddressLine1Txt |
| City | PASADENA | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77505 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $9,631,575 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.TXCHIRO.EDU | WebsiteAddressTxt |
| Type Of Organization Trust | Yes (X) | TypeOfOrganizationTrustInd |
| Formation | 1955 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | TEXAS CHIROPRACTIC COLLEGE (TCC) PROMOTES EXCELLENCE IN THE EDUCATION OF PRACTICE-READY DOCTORS OF CHIROPRACTIC WHO ARE FOCUSED ON EVIDENCE-INFORMED, PATIENT-CENTERED CARE; SEEK NEW KNOWLEDGE THROUGH SCHOLARSHIP AND RESEARCH; AND ENGAGE OUR COMMUNITIES THROUGH ONGOING SERVICE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 22 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 22 | VotingMembersIndependentCnt |
| Total Employee | 171 | TotalEmployeeCnt |
| Total Volunteers | 31 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $156,817 | PYContributionsGrantsAmt |
| CY Contributions Grants | $130,653 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $9,003,076 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $8,920,487 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,420,642 | PYInvestmentIncomeAmt |
| CY Investment Income | $228,859 | CYInvestmentIncomeAmt |
| PY Other Revenue | $179,337 | PYOtherRevenueAmt |
| CY Other Revenue | $167,902 | CYOtherRevenueAmt |
| PY Total Revenue | $10,759,872 | PYTotalRevenueAmt |
| CY Total Revenue | $9,447,901 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $293,858 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $319,665 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $5,055,288 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,124,969 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $148,730 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,909,069 | PYOtherExpensesAmt |
| CY Other Expenses | $3,902,157 | CYOtherExpensesAmt |
| PY Total Expenses | $9,258,215 | PYTotalExpensesAmt |
| CY Total Expenses | $9,346,791 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,501,657 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $101,110 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $17,236,441 | TotalAssetsBOYAmt |
| Total Assets EOY | $16,746,398 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,628,675 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,082,545 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $13,607,766 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $13,663,853 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TEXAS CHIROPRACTIC COLLEGE (TCC) PROVIDES QUALIFIED STUDENTS A PATIENT-CENTERED EDUCATIONAL PROGRAM LEADING TO THE DOCTOR OF CHIROPRACTIC DEGREE. THE CURRICULUM PROMOTES THE DEVELOPMENT OF THE STUDENT'S ATTITUDES, KNOWLEDGE, AND SKILLS REQUIRED OF A CHIROPRACTOR SERVING THE PUBLIC AS A PRIMARY CARE PHYSICIAN. OPERATING WITHIN THE HIGHEST LEVELS OF PROFESSIONALISM, THE COLLEGE IS ALSO COMMITTED TO SERVING THE NEEDS OF THE STUDENTS, THE PROFESSION AND THE PUBLIC THROUGH LEADERSHIP, SCHOLARSHIP, RESEARCH, PATIENT CARE AND SERVICE ACTIVITIES IN THE FIELD OF CHIROPRACTIC. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $8,481,849 | ExpenseAmt |
| Grant | $319,665 | GrantAmt |
| Revenue | $8,920,487 | RevenueAmt |
| Desc | PROVIDED POST SECONDARY EDUCATION FOR APPROXIMATELY 400 STUDENTS FOR ENTRY INTO THE CHIROPRACTIC PROFESSION. | Desc |
| Total Program Service Expenses | $8,481,849 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 44 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 171 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 22 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 22 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEPHEN FOSTER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2814871170 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5912 SPENCER HIGHWAY | AddressLine1Txt |
| City | PASADENA | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77505 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| KEN CAUTHORN | ||||||
| REGENT/TREASURER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| PAUL RAYMOND DC | ||||||
| REGENT/SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MONTE BLUE EDD | ||||||
| REGENT/CHAIRMAN | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CHERYL DAWN SCHWAB DC | ||||||
| REGENT | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CONNIE ELLIOT | ||||||
| REGENT | 1.00 | Yes (X) | $0 | $0 | $0 | |
| PETER J YEH MD FACS | ||||||
| REGENT | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LISA RISTER DC | ||||||
| REGENT | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ARMANDO BANOS-ALVAREZ MD DC | ||||||
| REGENT | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JOHN FELKER III DC | ||||||
| REGENT | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JOSE SIMON DC | ||||||
| REGENT | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LAMBERT E COLLINS DC | ||||||
| REGENT | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MARIA GOLIK CPA | ||||||
| REGENT | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CAMERON LEE JACKSON DC | ||||||
| REGENT | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BRIAN J ANDERSON DC | ||||||
| REGENT | 1.00 | Yes (X) | $0 | $0 | $0 | |
| VAN A WIGGINTON JD | ||||||
| REGENT | 1.00 | Yes (X) | $0 | $0 | $0 | |
| WM THEODORE CUMMINGS PHD | ||||||
| REGENT/VICE CHAIRMAN | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ROBERT K LAMBETH DC | ||||||
| REGENT | 1.00 | Yes (X) | $0 | $0 | $0 | |
| RONALD W MCMORRIS DC | ||||||
| REGENT | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ALAYNA PAGNANI-GENDRON DC | ||||||
| REGENT | 1.00 | Yes (X) | $0 | $0 | $0 | |
| POORVI SANDESARA DC | ||||||
| REGENT | 1.00 | Yes (X) | $0 | $0 | $0 | |
| KURT A JUERGENS DC | ||||||
| REGENT | 1.00 | Yes (X) | $0 | $0 | $0 | |
| STEPHEN FOSTER DC | ||||||
| PRESIDENT | 40.00 | $212,000 | $0 | $0 | Yes (X) | |
| BEN HARRISON | ||||||
| CHIEF FISCAL OFFICER | 40.00 | $14,167 | $0 | $0 | Yes (X) | |
| JOHN MROZEK DC | ||||||
| DEAN OF ACADEMIC AFFAIRS | 40.00 | $111,100 | $0 | $0 | Yes (X) | |
| SANDRA HUGHES DC | ||||||
| DEAN INSTITUTIONAL ADVANC | 40.00 | $118,039 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $455,306 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BFJ CONSTRUCTION INC | |||||
| 930 14TH STREET NORTH | TEXAS CITY | TX | 77590 | FACILITY CONSTRUCTION | $311,727 |
| TXU ENERGY | |||||
| PO BOX 650638 | DALLAS | TX | 75262 | ELECTRICAL PROVIDER | $261,938 |
| EBSCO | |||||
| PO BOX 204661 | DALLAS | TX | 75320 | MEDICAL JOURNALS | $261,567 |
| DYONYX | |||||
| 13430 NW FREEWAY SUITE 1000 | HOUSTON | TX | 77040 | IT SERVICE | $208,735 |
| MAINTENANCE OF HOUSTON | |||||
| 9876 PLANO ROAD | DALLAS | TX | 75238 | JANITORIAL SERVICE | $134,347 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $683 | FundraisingAmt |
| Government Grants | $64,076 | GovernmentGrantsAmt |
| All Other Contributions | $65,894 | AllOtherContributionsAmt |
| Total Contributions | $130,653 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611600 | $8,767,336 | $8,767,336 |
| CLINIC REVENUE | 611710 | $153,151 | $153,151 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $8,920,487 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $113,856 | TotalRevenueColumnAmt |
| Exclusion | $113,856 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,557 | TotalRevenueColumnAmt |
| Exclusion | $3,557 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $285,506 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $170,503 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $115,003 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $115,003 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $115,003 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $34,468 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $683 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $13,171 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $21,297 | TotalRevenueColumnAmt |
| Exclusion | $21,297 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| CONSULTING REVENUE | 611710 | $91,667 | $91,667 |
| MISCELLANEOUS REVENUE | 611710 | $51,381 | $51,381 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $143,048 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,447,901 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,178,538 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $138,710 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $319,665 | TotalAmt |
| Program Services | $319,665 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $455,367 | TotalAmt |
| Program Services | $111,100 | ProgramServicesAmt |
| Management And General | $344,267 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,610,014 | TotalAmt |
| Program Services | $3,409,583 | ProgramServicesAmt |
| Management And General | $117,258 | ManagementAndGeneralAmt |
| Fundraising | $83,173 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $175,326 | TotalAmt |
| Program Services | $150,722 | ProgramServicesAmt |
| Management And General | $21,605 | ManagementAndGeneralAmt |
| Fundraising | $2,999 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $544,762 | TotalAmt |
| Program Services | $486,752 | ProgramServicesAmt |
| Management And General | $48,692 | ManagementAndGeneralAmt |
| Fundraising | $9,318 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $339,500 | TotalAmt |
| Program Services | $297,673 | ProgramServicesAmt |
| Management And General | $33,968 | ManagementAndGeneralAmt |
| Fundraising | $7,859 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $110,407 | TotalAmt |
| Program Services | $110,407 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,942 | TotalAmt |
| Management And General | $39,942 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,437 | TotalAmt |
| Management And General | $68,437 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,227 | TotalAmt |
| Program Services | $17,227 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,140 | TotalAmt |
| Program Services | $16,811 | ProgramServicesAmt |
| Management And General | $969 | ManagementAndGeneralAmt |
| Fundraising | $360 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,189 | TotalAmt |
| Program Services | $150,466 | ProgramServicesAmt |
| Fundraising | $1,723 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $142,635 | TotalAmt |
| Program Services | $136,003 | ProgramServicesAmt |
| Management And General | $4,368 | ManagementAndGeneralAmt |
| Fundraising | $2,264 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $268,084 | TotalAmt |
| Program Services | $268,084 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $201,125 | TotalAmt |
| Program Services | $167,358 | ProgramServicesAmt |
| Management And General | $21,839 | ManagementAndGeneralAmt |
| Fundraising | $11,928 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $144,985 | TotalAmt |
| Program Services | $144,191 | ProgramServicesAmt |
| Fundraising | $794 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $130,268 | TotalAmt |
| Program Services | $130,268 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $679,101 | TotalAmt |
| Program Services | $679,101 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $428,714 | TotalAmt |
| Program Services | $428,714 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| EQUIPMENT RENTAL & MAIN | $706,602 | $706,602 |
| LIBRARY EXPENSE | $204,815 | $204,815 |
| MISCELLANEOUS EXPENSES | $193,772 | $193,772 |
| EQUIPMENT | $121,424 | $121,424 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $274,290 | TotalAmt |
| Program Services | $231,111 | ProgramServicesAmt |
| Management And General | $14,867 | ManagementAndGeneralAmt |
| Fundraising | $28,312 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,346,791 | TotalAmt |
| Program Services | $8,481,849 | ProgramServicesAmt |
| Management And General | $716,212 | ManagementAndGeneralAmt |
| Fundraising | $148,730 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $220,215 | BOYAmt |
| EOY | $215,054 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,650,559 | BOYAmt |
| EOY | $2,493,959 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $139,820 | BOYAmt |
| EOY | $162,220 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $214,391 | BOYAmt |
| EOY | $233,790 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $25,845,049 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $15,697,269 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,354,440 | BOYAmt |
| EOY | $10,147,780 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,590,874 | BOYAmt |
| EOY | $3,433,932 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,000 | BOYAmt |
| EOY | $5,000 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,142 | BOYAmt |
| EOY | $54,663 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,236,441 | BOYAmt |
| EOY | $16,746,398 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $585,919 | BOYAmt |
| EOY | $548,503 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $131,637 | BOYAmt |
| EOY | $13,058 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,911,119 | BOYAmt |
| EOY | $2,520,984 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,628,675 | BOYAmt |
| EOY | $3,082,545 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,134,899 | BOYAmt |
| EOY | $13,173,782 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $170,498 | BOYAmt |
| EOY | $187,702 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $302,369 | BOYAmt |
| EOY | $302,369 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,607,766 | BOYAmt |
| EOY | $13,663,853 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,236,441 | BOYAmt |
| EOY | $16,746,398 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $101,110 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$45,024 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$1 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $4,100 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $4,100 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $4,100 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $820 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $205 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $3,280 | FilingOrganizationsTotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form4720 Filed | 0 | Form4720FiledInd |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,821,018 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $171,197 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $102,722 | OtherExpendituresAmt |
| End Year Balance | $4,889,493 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,707,551 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $209,306 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $95,839 | OtherExpendituresAmt |
| End Year Balance | $4,821,018 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,483,458 | BeginningYearBalanceAmt |
| Contributions | $47,040 | ContributionsAmt |
| Investment Earnings Or Losses | $194,873 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $17,820 | AdministrativeExpensesAmt |
| End Year Balance | $4,707,551 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,834,895 | BeginningYearBalanceAmt |
| Contributions | $436,631 | ContributionsAmt |
| Investment Earnings Or Losses | $227,961 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $16,029 | AdministrativeExpensesAmt |
| End Year Balance | $4,483,458 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,815,249 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $35,400 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $15,754 | AdministrativeExpensesAmt |
| End Year Balance | $3,834,895 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.93810 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.06190 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $85,961 | OtherCostOrOtherBasisAmt |
| Book Value | $85,961 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $18,929,415 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,276,463 | DepreciationAmt |
| Book Value | $9,652,952 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,829,673 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,420,806 | DepreciationAmt |
| Book Value | $408,867 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $10,147,780 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $9,398,342 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$45,024 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$45,024 | RevenueNotReportedAmt |
| Revenue Subtotal | $9,443,366 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $17,227 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$12,692 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $4,535 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $9,447,901 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $9,342,255 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $12,692 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $12,692 | ExpensesNotReportedAmt |
| Expenses Subtotal | $9,329,563 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $17,227 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $17,227 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $9,346,790 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | TO ENHANCE THE LONG TERM OPERATION OF THE COLLEGE, PROVIDE FINANCIAL LEVERAGE AND BE USED AS NEEDED AND AS WHEN DIRECTED BY THE BOARD OF REGENTS TO SPEND ON EXPENDITURES SUCH AS, BUT NOT LIMITED TO, OPERATING, PLANT/BUILDING AND RESEARCH. |
| PART X, LINE 2: | NOTE F - FEDERAL TAXES AND UNCERTAIN TAX POSITIONS THE COLLEGE IS A NON-PROFIT AGENCY EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP) PROVIDE DETAILED GUIDANCE FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS. GAAP REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THE COLLEGE BELIEVES THAT ALL SIGNIFICANT TAX POSITIONS UTILIZED BY THE COLLEGE WILL MORE LIKELY THAN NOT BE SUSTAINED UPON EXAMINATION. ACCORDINGLY, THE COLLEGE HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT AUGUST 31, 2019. THE COLLEGE IS SUBJECT TO ROUTINE AUDITS OF THE INTERNAL REVENUE SERVICE. THE COLLEGE BELIEVES IT IS NO LONGER SUBJECT TO AUDITS FOR YEARS PRIOR TO 2016. THE COLLEGE'S POLICY IS TO CLASSIFY INCOME TAX RELATED INTEREST AND PENALTIES IN INTEREST EXPENSE AND OTHER EXPENSE, RESPECTIVELY. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSES INCLUDED ON FINANCIALS AS EXPENSE -13,171. MISCELLANEOUS ADJUSTMENT 479. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSES INCLUDED ON FINANCIALS AS EXPENSE 13,171. MISCELLANEOUS ADJUSTMENT -479. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | Yes (1) | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE POLICY ON NON-DISCRIMINATION IS STATED IN THE CATALOG. |
| SCHEDULE E, PART I, LINE 6 | THE COLLEGE RECEIVES FEDERAL FINANCIAL ASSISTANCE FROM THE U.S. DEPARTMENT OF EDUCATION. ALL FEDERAL FUNDS RECEIVED ARE AWARDED TO STUDENTS MEETING SPECIFIC CRITERIA AS DESIGNATED BY THE DEPARTMENT OF EDUCATION. THE UNITED STATES DEPARTMENT OF EDUCATION TEMPORARILY SUSPENDED THE COLLEGE'S ABILITY TO DRAW FUNDS ON JULY 15, 1992. THE SUSPENSION WAS DUE TO AN ERRONEOUS FEDERAL CASH MANAGEMENT FORM FILED WITH THE DEPT. THE COLLEGE RESPONDED TO THE INQUIRY ON AUGUST 3, 1992 AND WAS REMOVED FROM TEMPORARY SUSPENSION. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GALA FUNDRAISING | Event1Nm |
| Gross Receipts Event1 | $35,151 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $683 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $34,468 | GrossRevenueEvent1Amt |
| Cash Prizes Event1 | $299 | CashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $1,160 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $3,847 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $4,512 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $3,353 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $35,151 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $683 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $34,468 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $299 | CashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $1,160 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $3,847 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $4,512 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $3,353 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $13,171 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $21,297 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 62 | RecipientCnt |
| Cash Grant | $260,729 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANTS ARE FOR TUITION AND FEES THAT ARE DISBURSED IN THE BUSINESS OFFICE TO THE STUDENTS' ACCOUNTS. THE FINANCIAL AID OFFICE ENSURES THAT THE STUDENTS ARE WITHIN THEIR BUDGET ALLOWANCE. ADDITIONAL GRANTS ARE GIVEN TO PAY FOR BOOKS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEPHEN FOSTER DC | PersonNm |
| Title | PRESIDENT | TitleTxt |
| Base Compensation Filing Org | $200,000 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $12,000 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $0 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $212,000 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | KEN CAUTHORN IS RELATED TO AN EMPLOYEE OF THE COLLEGE |
| FORM 990, PART VI, SECTION B, LINE 11B | DEPENDING ON WHEN THE FIRST DRAFT IS COMPLETED, THE 990 IS PRESENTED AND DISCUSSED AT THE NEXT AUDIT COMMITTEE OF THE BOARD OF REGENTS MEETING. THE AUDIT COMMITTEE THEN PRESENTS TO THE BOARD OF REGENTS THE FINAL 990 OR REPORTS ON THE STATUS OF THE 990 AND ANY ITEMS NEEDING TO BE DISCUSSED. DEPENDING ON WHEN THE FINAL 990 IS COMPLETED, THE 990 IS EITHER PRESENTED AND DISCUSSED AT THE NEXT AUDIT COMMITTEE MEETING OR EXECUTIVE COMMITTEE OF THE BOARD OF REGENTS FOR APPROVAL AND ACTING ON BEHALF OF THE GOVERNING BODY. THE EXECUTIVE COMMITTEE PRESENTS AND DISCUSSES THE 990 AT THE NEXT BOARD OF REGENTS MEETING AND VOTES ON ACCEPTANCE. |
| FORM 990, PART VI, SECTION B, LINE 12C | BOARD OF REGENTS MEMBERS MUST ANNUALLY AND INTERMITTENTLY DISCLOSE ANY CONFLICTS OF INTEREST. IF THERE IS A CONFLICT OF INTEREST THE BOARD OF REGENTS DECIDES ON WHAT ACTION TO TAKE. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE AUDITED FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC UNLESS BY COURT ORDER. HOWEVER, FORM 990 CONTAINS COMPLETE FISCAL YEAR FINANCIAL INFORMATION AND IS AVAILABLE UPON REQUEST AND THE GUIDESTAR WEBSITE. THE SUMMARIZED AUDITED FINANCIAL STATEMENT INFORMATION IS REPORTED IN THE ANNUAL REPORT. THE ANNUAL REPORT IS DISTRIBUTED TO FRIENDS OF THE COLLEGE AND IS AVAILABLE UPON REQUEST. FINANCIAL INFORMATION IS ALSO REPORTED TO AND DISCLOSED ON THE US DEPARTMENT OF EDUCATION INTEGRATED POSTSECONDARY EDUCATION DATA SYSTEM (IPEDS). |
| FORM 990, PART XI, LINE 9: | MISCELLANEOUS ADJUSTMENT -1. |
| FORM 990, PART XII, LINE 2C: FINANCIAL STATEMENTS & REPORTING | THIS PROCESS HAS NOT CHANGED. |