2020-04-03T14:51:02-05:00 2019-05-31 363990892 Capin Crouse LLP 1000 Texan Trail STE 125 Grapevine TX 76051 990 2018-06-01 750983821 Arlington Baptist University ARLI 8174618741 3001 West Division Street Arlington TX 76012 David Ingram VP of Business Operations 8174618741 2020-04-03 1 Ted R Batson Jr P00721951 8173286510 139.146.132.42 2020-04-03 15:50:52 ED P 335F641087C3E7976C2C0E247FF46BFCA50F55A8 E117D1998A1C73F162AF5E858A298B5D8A2FC7BA 2018 2020-09-23 17:36:50Z Dr D L Moody 3001 West Division Street Arlington TX 76012 4426254 0 X www.abu.edu X 1939 TX Prepare men and women for Christian life and ministries through higher education. 14 13 84 35 0 0 713176 530465 2725418 2629971 19055 22558 2946 35457 3460595 3218451 180269 315060 0 0 1904295 1929800 0 0 205305 1276326 1367855 3360890 3612715 99705 -394264 3219254 2975380 1402028 1564300 1817226 1411080 X See Schedule O. 0 0 2019692 315060 2256329 Arlington Baptist University has over 149 students currently enrolled and working towards achieving Bachelor of Science, Bachelor of Arts, Master of Divinity, or Master of Education degrees. There are 14 programs available for Bachelor of Science, 1 program for Bachelor of Arts, 1 program for Master of Divinity, 1 program for Masters of Arts in Biblical and Theological Studies and 2 programs for Master of Education. All Bachelor programs have an emphasis in Bible. Students are required to participate in community service and must participate in at least 1 mission trip before they graduate. There were 41 students who graduated with Bachelors degrees and 2 students who graduated with Masters degrees during the 2018-2019 school year. 420420 63851 Arlington Baptist University has an Athletic Program that competes in the National Christian College Athletic Association in baseball, women's volleyball, women's basketball, and men's basketball. It also competes in the American Christian College Association in women's volleyball, women's basketball, and men's basketball. The teams compete with other college's and universities nationwide routinely having games against NCAA I, NCAA II, NCAA III, and NAIA non-conference opponents. Its teams have had great success. Since the Fall of 2013 up through the Spring of 2019, the college has won 14 regional championships and 17 national championships. 211973 309791 Arlington Baptist University has housing available on campus for both male and female students - one dorm for each. Each dormitory has 20 suites comprised of 2 bedrooms and a shared connecting bathroom. The bedrooms are configured as semi-private with 2 beds, underbed storage units, a shared closet, and a room divider with a desk and additional storage for each occupant. The mattresses are TempurPedic twin x-long and were purchased and put into service in the fall of 2015. In addition, there is a cafeteria which serves prepared meals during the Fall & Spring semesters on all weekdays except during school holidays. All students housed on campus are provided the meals as a part of room & board. Each dorm also has 3 sets of washers & dryers. Non-resident students can also purchase meal plans for their convenience. 2652085 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 1 0 1 0 0 0 0 1 0 0 0 1 259 0 1 84 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X David Ingram 8174618741 3001 West Division Street Arlington TX 76012 X Rev Doug Harris Chairman 10.00 X X 0 0 0 Lee Futcher Vice Chairman 10.00 X X 0 0 0 Rev Andrew Hayward Board member 1.00 X 0 0 0 Rev Curtis Blake Board member 1.00 X 2095 0 0 Rev Clark Bosher Board member 1.00 X 0 0 0 John Hadley Board member 1.00 X 0 0 0 Mrs Dorothy Stringer Board member (Part Year) 1.00 X 0 0 0 Mrs Regina Crane Board member 1.00 X 0 0 0 Rev Aaron Gowens Board member 1.00 X 750 0 0 Rev Steve Hamm Board member 1.00 X 0 0 0 Rev Jason Martin Board member 1.00 X 0 0 0 Rev Mark Dallalio Board member 1.00 X 0 0 0 Rev Donnie Foster Board member 1.00 X 0 0 0 Rev Chris Fobbs Board member 1.00 X 0 0 0 Rev Richard Koons Board member 1.00 X 0 0 0 Dr DL Moody President 40.00 X 59028 0 65453 David D Ingram VP of Bus Ops/Secretary/Treasurer 40.00 X 54454 0 17543 116327 0 82996 0 0 0 0 BSMG Inc 332 Elisha Court Beford TX 76021 Remodel Student Union Building 176499 28 Jobs LLC 31 Troon Drive Trophy Club TX 76262 Food Services 104715 2 79455 451010 45515 530465 Tuition and Fees 611310 2246676 2246676 Auxiliary Revenue 611710 309791 309791 Athletics 711210 63851 63851 Other program revenue 900099 9653 9653 2629971 13506 13506 27830 6600 21230 21230 21230 100000 1108504 100000 1099452 0 9052 9052 9052 0 79455 1751 -1751 -1751 15978 15978 15978 3218451 2629971 0 58015 315060 315060 203438 68208 111294 23936 81138 75025 6113 1280142 994458 147136 138548 14149 10612 3537 257013 192760 64253 93920 74226 10407 9287 1040 1040 45623 45623 41887 41887 9595 4798 4797 87786 23038 62046 2702 111076 87625 21268 2183 400765 272782 120419 7564 55069 53862 970 237 5159 2116 2487 556 42156 33725 6323 2108 256943 205555 38542 12846 25596 23947 1649 Student life & program 199361 190463 7340 1558 Bad debt expense 45838 45838 Maintenance & Repairs 22101 10528 10939 634 17860 13297 1417 3146 3612715 2652085 755325 205305 X 62753 18122 131050 91491 155000 53626 53407 5618 1262 6519977 3960556 2547648 2559421 263559 251677 3219254 2975380 197096 191244 19472 16147 12000 300000 678138 708727 244242 72173 251080 276009 1402028 1564300 X 1534260 1049996 282966 361084 1817226 1411080 3219254 2975380 X -394264 -11882 X X 0 1 X 1 0 X 584969 623083 510234 713176 530465 2961927 584969 623083 510234 713176 530465 2961927 165671 2796256 11800 10004 20873 27243 41336 111256 279591 523488 3759 650 15978 823466 3896649 13000439 0.71760 0.72710 X Schedule A, Part II, Line 10, Explanation of Other Income: Fundraising events - 2015 Amount: $ 5,000. Other Income - 2014 Amount: $ 279,591. 2015 Amount: $ 518,488. 2016 Amount: $ 3,759. 2017 Amount: $ 650. 2018 Amount: $ 15,978. Schedule A, Part II The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and qualifies to use the first listed special rule for Schedule B reporting. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 760801 760801 4659841 3098871 1560970 1099335 861685 237650 2559421 Beneficial interest - perpetual trust 251677 251677 Student deposits 37463 Asset retirement obligations 238546 276009 2899860 -3531 -3531 2903391 315060 315060 3218451 3306006 8351 8351 3297655 315060 315060 3612715 Part XI, Line 2d - Other Adjustments: Change in value of perpetual trusts -11,882. Special event expenses 1,751. Rental expenses 6,600. Part XI, Line 4b - Other Adjustments: Financial assistance netted with tuition 315,060. Part XII, Line 2d - Other Adjustments: Special events expenses 1,751. Rental expenses 6,600. Part XII, Line 4b - Other Adjustments: Financial assistance netted with tuition 315,060. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The organization's nondiscriminatory policy is published in the university's catalog and on its website. The University is in the process of updating its website to be in full compliance with the Rev. Proc. 2019-22 standards in order to check yes to Line 3 on future Form 990's. Schedule E, Part I, Line 6 The organization receives the following types of student financial aid from the U.S. Department of Education: Federal Direct Student Loans, Federal Pell Grants, and TEACH Grants. Hilltop Conference 79455 79455 158 1593 79455 79455 158 1593 1751 -1751 1 Scholarships 74 315060 Part I, Line 2: There is a publication of available scholarships and the criteria to qualify for each one. Students complete an application indicating which scholarship(s) they are applying for. These applications are reviewed by the registrar's office during the registration process and qualifying students are determined. Financial assistance awarded during the FYE 5/31/19 was applied as a credit against the students' tuition. Lee Futcher Board Member Operating capital X 300000 300000 0 1 1 300000 Joshua Moody Family member of Dr. Moody, President 62502 Employee compensation 0 Sherry Moody Family member of Dr. Moody, President 18636 Employee compensation 0 X 656 Cost X Software 1 25800 Cost X Stage Equipment 3 12820 Cost X Snacks for Library 1 3232 Cost X Drainage System 1 2157 Cost X Other 2 850 Cost 0 0 1 0 Part I, Column (b): The number of contributions represent the number of contributions received, not the number of items donated. Form 990, Part III, Line 1, Organization's misson statement: Arlington Baptist University endeavors to prepare men and women for Christian life and ministries, both lay and professional, through studies in Bible, general education, church vocations, and practical service, integrating faith and learning in the context of a Christian world view. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent CPA firm, then reviewed in detail by the VP of Business Operations and the President of the school. A copy is then distributed to all board members for their review prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The board of directors and officers are required to submit an annual disclosure form regarding possible conflicts of interest. The board chair is responsible for reviewing the signed statements and ensuring that interested persons are in compliance with the conflict of interest policy. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Section B, line 15 The board of directors approves compensation of the President. The approval is documented in the board minutes. The VP of Business Operations' compensation is determined by the President and approved by the Board. The approval is documented in the board minutes. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy, and financial statements are available upon request. Form 990, Part VII, Section A, Line 1a Compensation reported in Part VII, column D is the amount reported on the individual's W-2, box 1 or 5 (whichever amount is greater) per the IRS instructions. In the case of minister's compensation when box 5 of the W-2 is not applicable, box 1 compensation is used. Employee deferrals to qualified retirement plans are normally captured in box 5, not box 1 of Form W-2. For reporting purposes we have included the minister's retirement plan deferrals in Part VII, column F. Form 990, Part X, Lines 27-29 In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 05/31/2019. The 2018 Form 990 and its associated schedules were not updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Part X, Lines 27-29: Line 27 - Net assets without donor restrictions $ 1,049,996 Line 29 - Net assets with donor restrictions $ 361,084 Total net assets $ 1,411,080 Form 990, Part XI, line 9: Change in value of perpetual trust -11,882. Form 990, Part XII, Line 2c The organization has a committee that assumes responsibility for oversight of audit of its financial statements and selection of the independent accounting firm used. This process has not changed since the prior year. Perpetual irrevocable trust (1) Hold assets and remit income to College TX Arlington Baptist University T -611 251677 0.80000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0