2020-05-14T09:29:09-05:00 2019-06-30 135565207 KPMG LLP 300 North Greene Street Greensboro NC 27401 990 2018-07-01 591083502 Nova Southeastern University Inc NOVA 9542625258 3301 College Avenue Fort Lauderdale FL 33314 George L Hanbury IIPhD President and CEO 9542627500 2020-05-14 1 David Stark P00892024 3362753394 137.52.20.243 2020-05-14 10:22:51 ED P 215E1789314B2607AA0D05A29412175CE1AF1DE3 215E1789314B2607AA0D05A29412175CE1AF1DE3 2018 2021-01-29 14:40:06Z Nova Southeastern University George L Hanbury IIPhD 3301 College Avenue Fort Lauderdale FL 33314 1193378214 0 X www.nova.edu X 1964 FL Nova Southeastern University's primary activity is to provide educational services. See Part III. 26 24 9127 1592 5413557 0 106572069 49646919 632157413 660009285 22149324 17817740 4582411 5229077 765461217 732703021 69777174 84318021 0 0 370126922 378940638 46795 126920 3742547 234846116 240321010 674797007 703706589 90664210 28996432 1441984594 1546343253 589282449 657910765 852702145 888432488 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 305076553 55786150 570615394 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 year 2019 brought significant milestones in academic initiatives.In fiscal 2019, for the second year in a row, NSU continued to be ranked among the Nation's top 200 universities, climbing seven spots in U.S. News & World Report's National Universities List. In March 2019, the magazine also ranked NSU's Shepard Broad College of Law Health Law Program 56th nationally, and the Legal and Research Writing Program 20th nationally. In fall 2018, NSU welcomed its largest, and most highly academically qualified, undergraduate class with 1,248 first-time-in-college freshmen, up from its prior record in fall 2017 of 987. In fall 2018, the Kiran C. Patel College of Allopathic Medicine officially welcomed its inaugural class of 53 students, who, together with approximately 250 incoming students at NSU's Dr. Kiran C. Patel College of Osteopathic Medicine, participated in the nation's first combined white coat Ceremony. NSU is now one of only three universities in the United States with both a D.O. and an M.D. program. In March 2019, NSU received the American Dental Education Association (ADEA) Gies Award for Innovation-Academic Dental Institution for its D.O (Doctor of Osteopathic Medicine) / D.M.D. (Doctor of Dental Medicine) dual-degree program, the only program of its kind in the United States. 89181997 8517 8101005 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. 59279911 458468 43040456 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 with a capacity for housing nearly 2,200 students in approximately 300,000 square feet of living space. 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). 149864822 28064886 38252430 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 311 colleges and universities nationally selected for the Carnegie Foundation's Community Engagement Classification, and 1 of only 50 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. During fiscal 2019, NSU was awarded $8.5M by the U.S. Department of Defense for the establishment of the Gulf War Illness Clinical Trials and Interventions Consortium and was awarded $2.5M by the U.S. Navy for the study of ocean currents. 149864822 28064886 38252430 603403283 1 1 0 1 0 0 0 1 0 1 1 0 0 0 1 1 0 1 1 1 1 1 0 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 26525 0 1 9127 1 1 1 1 CJ 0 0 0 1 1 0 0 0 1 0 0 0 X 26 24 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA IN OR MA MI NY SC X Alyson Silva VP of Finance & CFO 9542625258 3301 College Avenue Fort Lauderdale FL 33314 Ronald G Assaf Trustee 1.00 0.10 X 0 0 0 Walter L Banks Sr Trustee 1.00 0.00 X 0 0 0 Mitchell W Berger Trustee 1.00 0.00 X 0 0 0 Rick Case Trustee 1.00 0.00 X 0 0 0 R Douglas Donn Trustee 1.00 0.00 X 0 0 0 Arthur J Falcone Trustee 1.00 0.00 X 0 0 0 Steven J Halmos Trustee 1.00 0.00 X 0 0 0 Carol Harrison Kalagher Trustee 1.00 0.00 X 0 0 0 Susanne Hurowitz Trustee 1.00 0.00 X 0 0 0 Mike Jackson Trustee 1.00 0.00 X 0 0 0 Milton L Jones Jr Trustee 1.00 0.00 X 0 0 0 Barbara Trebbi Landry Trustee 1.00 0.00 X 0 0 0 Alan B Levan Chair 1.00 0.10 X 0 0 0 Nell Lewis McGuire Trustee 1.00 0.00 X 0 0 0 Albert J Miniaci Trustee 1.00 0.00 X 0 0 0 Samuel F Morrison Secretary 1.00 0.00 X X 0 0 0 Anthony N Ottaviani Trustee 1.00 1.00 X 25000 0 0 Charles L Palmer Trustee 1.00 0.00 X 0 0 0 Kiran C Patel Trustee 1.00 0.00 X 0 0 0 Martin R Press Trustee 1.00 0.00 X 0 0 0 Paul M Sallarulo Trustee 1.00 0.00 X 0 0 0 Barry J Silverman Vice Chair 1.00 0.10 X 0 0 0 J Kenneth Tate Trustee 1.00 0.10 X 0 0 0 Zachariah P Zachariah Trustee 1.00 0.00 X 0 0 0 Michael Zager Trustee 1.00 0.00 X 0 0 0 George L Hanbury II PhD President/Chief Executive Officer 37.50 0.10 X X 899953 0 47982 Frederick Lippman Interim Exec VP & COO 37.50 1.20 X 504412 0 28874 Alyson Silva VP Finance & CFO 37.50 0.00 X 307181 0 48627 Harry K Moon Exec VP & COO 37.50 0.00 X 272422 0 12113 Ralph Rogers Provost/Exec VP of Academic Affairs 37.50 0.00 X 406169 0 46106 Irving Rosenbaum Interim Chancellor HPD 37.50 0.00 X 263075 0 32597 Stanley Wilson Dean - Coll. of Health Care Sciences 37.50 0.00 X 202016 0 37513 Elaine M Wallace Dean - Coll. of Osteopathic Medecine 37.50 0.00 X 399620 0 33913 Ray Ferrero University Chancellor 37.50 0.00 X 441786 0 48039 Johannes G Vieweg Dean - Coll. Of Allopathic Medicine 37.50 0.00 X 590254 0 48783 H Thomas Temple Sr VP - Research & Economic Dev. 37.50 0.00 X 576977 0 45189 Kenneth E Johnson Asst. Dean / Professor 37.50 0.00 X 326766 0 50327 Jennifer O'Flannery Anderson VP Advancement & Comm. Relations 37.50 0.00 X 378069 0 44749 Francis A DePiano Former Key Employee 37.50 0.00 X 231691 0 31887 5825391 0 556699 697 1 1 0 Rise Sharks LLC 129 Patterson Street Valdosta GA 31601 Construction 18332058 Grycon LLC 4101 Ravenswood Rd Ste 325 Dania Beach FL 33312 Construction 9827728 Chartwells PO BOX 50196 Los Angeles CA 90074 Food Services 7769849 Panza Maurer & Maynard PA 2400 E Commercial Blvd Ste 905 Fort Lauderdale FL 33308 Legal 6487245 Prestige Maintenance & Contracting 5103 SW 92 Terrace Cooper City FL 33328 Construction 4445690 118 610553 795768 28330438 19910160 49646919 Tuition and Fees 611710 600593654 600593654 Auxiliary Operation 611710 43121242 28421958 14699284 16294389 16283264 11125 660009285 9241613 12578 9229035 332577 293703 38874 38874 38874 449205962 18381930 449224070 9787695 -18108 8594235 8576127 8576127 315398 610553 709538 -394140 -394140 1563036 660187 902849 160443 742406 Grande Oaks LLC 713910 4681494 34046 4647448 4681494 732703021 645493365 5413557 32149180 3894861 3894861 80415045 80415045 8115 8115 3934386 1613098 2032766 288522 300357069 262297833 36762250 1296986 20063373 17485131 2487448 90794 34308067 29796150 4338067 173850 20277743 17597358 2575245 105140 6528701 101691 6427010 794551 31000 763551 1055693 1055693 126920 126920 532759 532759 25996947 21805519 4108454 82974 9387198 4016464 5283926 86808 28731221 22552292 5924159 254770 12983807 11253246 1588227 142334 54547604 45544402 8929399 73803 6241912 5225311 982153 34448 2167543 1885724 251677 30142 16466130 16182193 283937 39073179 34298039 4569687 205453 11332790 7369075 3963715 Small Equipment 5917675 5561552 146078 210045 Special Promotions 5195587 3578846 1092627 524114 Bad Debt Expense 3881257 3455322 425935 Dues and Membership 1747550 947654 796518 3378 7738906 6487362 1239478 12066 703706589 603403283 96560759 3742547 X 34405707 29150620 37700428 21998463 80303665 64731973 22633309 21749851 7596480 6729497 904980 943777 6630805 7687862 1426965032 482408650 882021460 944556382 318509430 370748588 25307154 25404501 25971176 52641739 1441984594 1546343253 55337960 54616253 77709359 77110741 377800152 469200203 6280702 5859649 72154276 51123919 589282449 657910765 X 671967292 723667365 95782066 73453307 84952787 91311816 852702145 888432488 1441984594 1546343253 28996432 6733911 0 X 0 1 X 1 1 1 X 49098811 47874466 43366741 106572069 48851151 295763238 49098811 47874466 43366741 106572069 48851151 295763238 50272550 245490688 8212141 8750566 8504133 18854456 10369958 54691254 350454492 3160706276 0.70050 0.70310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 1055693 0 0 1055693 0 Part II-B, Line 1: The University has hired professional consultants that have engaged 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. X X X X 0 161144576 8309461 5232608 3115159 844476 170727010 117805966 38638012 8588837 2417791 1470448 161144576 104544405 4758886 12763778 1934811 2326292 117805966 102731211 7212400 -1607095 1567725 2224386 104544405 95430373 9001789 1591752 1043076 2249627 102731211 0.30000 0.53000 0.17000 0 0 298435 71677902 71976337 849971295 227393541 622577754 32439859 31135238 1304621 181084800 105272164 75812636 291492741 118607707 172885034 944556382 Other Current Liabilities 13367745 Accrued Insurance 11449972 Grande Oaks Other LT Liabilities 3778865 Current Student Deposit 5836838 Long Term Refundable Perkins 4919960 Deferred Rent Liability 3239073 Other Long Term Liabilities 5396264 LT Refundable DHHS Liability 3135202 51123919 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, 2019 endowment-related pledges receivable totaled $38.3 million. Part V, Line 4: The University's endowment consists of approximately 346 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 2019 and 2018. 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 65870 South America 1 1 Program Services Academic Studies 55441 Europe 1 3 Program Services Academic Studies 31699 Central America/Caribbean 1 1 Program Services Academic Studies 42468 Central America/Caribbean Investments 21204284 4 6 0 0 4 6 21399762 0 21399762 East Asia and the Pacific Subcontract 8115 wire transfer 1 1 0 1 0 1 0 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. X X X X X X X 1 Grenzebach Glier & Associates Inc 401 North Michigan Avenue Ste 2800 Chicago IL 60611 campaign consulting 0 0 126920 -126920 126920 -126920 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 Golf Classic 443509 235983 207526 0 0 20046 100623 24300 82443 Celebration of Excellence 206350 153600 52750 0 0 186496 120664 0 56699 5 276092 220970 55122 0 0 296 25494 0 92477 925951 610553 315398 206838 246781 24300 231619 709538 -394140 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, 2019 was $137.221 which included professional fundraising fees of $126,920 and expenses of $10,301. 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) 1003428 subcontract Everglades Ahec 5725 Corporate Way Ste 102 West Palm Beach FL 33407 592740558 501(C)(3) 883242 subcontract Emory University 1462 Clinton Rd Atlanta GA 30322 580566256 501(C)(3) 303731 subcontract South Florida Veterans Affairs Foundation for Research & Education Inc 1201 NW 16 St Rm 2A106 Miami FL 33125 650207903 501(C)(3) 136455 subcontract Rochester General Hospital 100 Kings Hwy South Rochester NY 14617 160743134 501(C)(3) 130599 subcontract Florida Atlantic University 777 Glades Road Boca Raton FL 33431 650385507 govt 106076 subcontract The Scripps Research Institute 10550 North Torrey Pines Rd La Jolla CA 92037 330435954 501(C)(3) 92372 subcontract Broward Community & Family Health Ctr Inc 6015 Washington Street 200 Hollywood FL 33021 593489664 501(C)(3) 83476 subcontract Meta Media Training Intl Inc 5257 Buckeystown Pike Frederick MD 21704 522236176 other 73853 subcontract Tri-State Maritime Safety Assn 425 Carl Miller Blvd Camden NJ 08104 223661801 other 73615 subcontract Broward College Cypress Creek Administrative C Ft Lauderdale FL 33309 591216107 govt 60707 subcontract Caridad Center 8645 W Boynton Beach Blvd Boynton Beach FL 33472 650149423 501(C)(3) 71452 subcontract Sigma Educational Services LLC 123 West Ruelle Mandeville LA 70471 262909755 other 50121 subcontract Florida International University ORED MARC 470 Miami FL 33199 650177616 govt 147810 subcontract University of South Florida PO Box 864568 Orlando FL 32886 593102112 govt 92331 subcontract Univ of North Texas-UNT 1155 Union Cir Denton TX 76203 756002149 govt 37125 subcontract Miami Dade College 11011 SW 104 Street Miami FL 33176 591210485 501(C)(3) 33028 subcontract South Florida Autism Charter School 18305 NW 75 Pl Hialeah FL 33015 263880489 501(C)(3) 20000 subcontract Louisiana State University Agricultural Mechanical Co Baton Rouge LA 70803 726000848 govt 19340 subcontract Carnegie Mellon PO Box 371032 Pittsburg PA 15250 250969449 501(C)(3) 17143 subcontract Florida State University 874 Traditions Way 3rd Flr SS Tallahassee FL 32306 591961248 govt 16327 subcontract University of Miami PO Box 405803 Atlanta GA 30384 590624458 501(C)(3) 6465 subcontract Texas A&M Univ at Galveston 400 Harvey Mitchell Pkwy S Suite 300 College Station TX 77845 742125225 govt 135572 subcontract US Naval Research Laboratory 4555 Overlook Ave SE Bldg 222 RM 217 Washington DC 20375 530197019 govt 27124 subcontract Okeanus Science & Technology 2261 Denley Road Houma LA 70363 462632416 other 20000 subcontract Stable Place Inc PO BOX 30334 Fort Lauderdale FL 33301 461413051 501(C)(3) 11100 subcontract United Way Of Broward County Inc 1300 South Andrews Avenue Fort Lauderdale FL 33316 590624402 501(C)(3) 60000 contribution Operation Lift Hope Inc 11625 Rainwater Drive Alpharetta GA 30098 581493949 501(C)(3) 25000 contribution Hispanic Unity of Florida Inc 5840 Johnson Street Hollywood FL 33021 592230272 501(C)(3) 20000 contribution Broward Public Library Foundation Inc 100 South Andrews Avenue Fort Lauderdale FL 33301 592224746 501(C)(3) 15000 contribution Urban League of Broward County 560 NW 27 Avenue Fort Lauderdale FL 33311 591564384 501(C)(3) 12500 contribution Winterfest Inc 512 NE 3 Avenue Fort Lauderdale FL 33301 650059092 501(C)(3) 10000 contribution AutoNation Foundation Inc 200 SW 1 Avenue Fort Lauderdale FL 33301 823037613 501(C)(3) 10000 contribution Boys & Girls Clubs of Broward County Inc 877 NW 61 Street Fort Lauderdale FL 33309 591108790 501(C)(3) 10000 contribution ADEAGies Foundation 1400 K Street NW Washington DC 20005 136143845 501(C)(3) 9000 contribution American Heart Association 72752 Greenville Avenue Dallas TX 75231 135613797 501(C)(3) 7500 contribution Women in Distress of Broward County Inc PO BOX 50187 Lighthouse Point FL 33074 591592524 501(C)(3) 5530 contribution Broward Workshop Inc 150 E Davie Blvd Fort Lauderdale FL 33316 592102112 501(C)(3) 5000 contribution Broward County Board of County Comm 115 S Andrews Avenue Fort Lauderdale FL 33301 596000531 govt 5000 sponsorship Autism Speaks 1060 State Road Princeton NJ 08540 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 AFP Ft LauderdaleBroward Chapter 1601 Biscayne Boulevard Miami FL 33132 590358775 501(C)(6) 5000 contribution 37 5 Student Financial Assistance 9477 80415045 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 713381 0 0 0 186572 0 27500 0 20482 0 947935 0 0 0 Frederick Lippman Interim Exec VP & COO 455769 0 0 0 48643 0 27500 0 1374 0 533286 0 0 0 Alyson Silva VP Finance & CFO 306862 0 0 0 319 0 27500 0 21127 0 355808 0 0 0 Harry K Moon Exec VP & COO 258360 0 8000 0 6062 0 0 0 12113 0 284535 0 0 0 Ralph Rogers Provost/Exec VP of Academic Affairs 402844 0 0 0 3325 0 27500 0 18606 0 452275 0 0 0 Irving Rosenbaum Interim Chancellor HPD 261458 0 0 0 1617 0 24159 0 8438 0 295672 0 0 0 Stanley Wilson Dean - Coll. of Health Care Sciences 200767 0 0 0 1249 0 20779 0 16734 0 239529 0 0 0 Elaine M Wallace Dean - Coll. of Osteopathic Medecine 390744 0 0 0 8876 0 18707 0 15206 0 433533 0 0 0 Ray Ferrero University Chancellor 397730 0 0 0 44056 0 27500 0 20539 0 489825 0 0 0 Johannes G Vieweg Dean - Coll. Of Allopathic Medicine 582197 0 0 0 8057 0 27500 0 21283 0 639037 0 0 0 H Thomas Temple Sr VP - Research & Economic Dev. 572689 0 0 0 4288 0 27500 0 17689 0 622166 0 0 0 Kenneth E Johnson Asst. Dean / Professor 324616 0 0 0 2150 0 27500 0 22827 0 377093 0 0 0 Jennifer O'Flannery Anderson VP Advancement & Comm. Relations 351242 0 20000 0 6827 0 27500 0 17249 0 422818 0 0 0 Francis A DePiano Former Key Employee 230162 0 0 0 1529 0 23114 0 8773 0 263578 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 Jennifer O'Flannery Anderson received a bonus in recognition of excellent job performance. Amounts paid are shown in Schedule J, Part II, Column (BII). Harry K. Moon received a signing bonus. Amounts paid are shown in Schedule J, Part II, Column (BII). A Town of Davie Florida Series 2009 596046527 000000000 2012-08-01 53633362 Reissuance 0 0 0 B HEFFA Series 2011 900058227 34073TCV7 2011-02-15 37878793 Const.& Refund 2000B 1 0 0 C HEFFA Series 2012A 900058227 34073TFW2 2012-06-05 48511454 Const.& Refund 2002 A&B 0 0 0 D HEFFA Series 2012B 900058227 000000000 2012-11-13 34735000 Refund 2000A & 2004C 0 0 0 A 18272362 53633362 53633362 2012 1 0 1 1 B 17165000 5490000 37878793 1821473 650626 22278960 13127734 2011 1 0 1 1 C 7440000 48511454 737361 9000000 38774093 2012 1 0 1 1 D 18610000 34735000 205000 34530000 2012 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 1 0 0 0.02190 0.02190 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 Part I, Column (a)Full Name of Bond Issue and (f)Description of Purpose First Group Row A: (a)Town of Davie, Florida/Series 2009 (f)On 8/1/12, the Issuer and Trustee amended the Bond Indenture which in turn reduced the interest rate per annum of the bonds. Such amendment resulted in the bonds being "reissued" for federal income tax purposes which resulted in a current refunding of the bonds as of 8/1/12. The proceeds of the original bond issued in 5/29/09 were used for equipping and renovating the University School. Row B: (a)Higher Educational Facility Financing Authority (HEFFA)/Series 2011 (f) Refund 2000B bonds issued May 16,2000 and construction of West Palm Beach Student Educational Center Row C: (a)Higher Educational Facility Financing Authority (HEFFA)/Series 2012A (f) Refund 2002A/B bonds issued February 6,2002 and to finance technology and related acquisitions Row D: (a)Higher Educational Facility Financing Authority (HEFFA)/Series 2012B (f) Refund the outstanding BCEFA Series 2000A & Series 2004C Bonds issued May 16,2000 and May 12,2004, respectively Second Group Row A: (a) Town of Davie, Florida 2013A (f) Construction and equipping of portions of the following, including reimbursement of expenses incurred prior to the issuance of the 2013A bonds: Center for Collaborative Research, Oceanographic Center, Stormwater Management Drainage System and Sports Center II Row B: (a) Town of Davie,Florida 2013B (f) Refund the outstanding BCEFA Series 2004A & Series 2004B Bonds issued on April 1, 2004 Row C: (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 D: (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 Part II, Line 3: Total proceeds of Town of Davie, Florida 2013A bond includes investments earnings totaling $47,753. Part II, Line 3: Total proceeds of Heffa/Series 2016 bond includes investments earnings totaling $150,217. Part II, Line 3: Total proceeds of Town of Davie, Florida 2018 bond includes investments earnings totaling $1,116,543 and the unused cost of issuance totaling $28,402 (explained more fully in Part VI, Line 4). Part II, Line 4: Town of Davie, Florida series 2018 Cost of Issuance: The cost of issuance per the Form 8038 totaling 1,540,157 is $28,402 less than the amount reported on Part II, line 4 totaling $1,511,755 due to the actual cost of issuance being less than budgeted. As a result, the $28,402 was transferred to the Series 2018 project fund. Schedule K, Part IV Arbitrage, Line 2C: First Group (A) Issue Name: Town of Davie, Florida 2009 (current refunding on 8/1/12, as previously described) Date the rebate computation was performed: 08/18/2017 (B) Issue Name: HEFFA 2011 Date the rebate computation was performed: 02/24/2016 (C) Issue Name: HEFFA 2012A Date the rebate computation was performed: 06/14/2017 (D) Issuer Name: HEFFA 2012B Date the rebate computation was performed: 12/01/2017 Second Group (A) Issue Name: Town of Davie, Florida 2013A Date the rebate computation was performed: 12/28/2018 (B) Issue Name: Town of Davie, Florida 2013B Date the rebate computation was performed: 12/28/2018 A Town of Davie Florida Series 2013A 596046527 23867PAC2 2013-12-06 96174076 Construction 0 0 0 B Town of Davie Florida Series 2013B 596046527 23867PAX6 2014-01-03 21054435 Refund 2004 A&B 0 0 0 C HEFFA Series 2016 900058227 34073TGK7 2016-05-12 103761055 Refund 2006 & 2011 0 0 0 D Town of Davie Florida Series 2018 596046527 23867PBU1 2018-07-27 157517526 Const. & Refund 2008A 0 0 0 A 96221829 96221829 2017 0 0 0 1 B 6525000 21054435 21054435 2013 1 0 1 1 C 103964162 2820034 985325 100158803 2016 1 1 1 1 D 1000000 158602809 4669058 1511755 73768064 54201197 24452735 1 0 0 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 51058 Tuition Waivers/Scholarships for family members To attend Nova Southeastern University Nicole D Darden Family member of current key employee, Stanley Wilson. 52700 Employment at Nova Southeastern University, Inc. 0 Anne H Rambo Family member of current key employee, Irving Rosenbaum 115301 Employment at Nova Southeastern University, Inc. 0 Jill Wallace Ross family member of current key employee, Elaine Wallace 188085 Employment at Nova Southeastern University, Inc. 0 X 10 0 X 1 0 X 8 0 X See Part II 5 0 X See Part II 94 0 6 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: Leasehold Improvements and Equipment - non cash contributions of leasehold improvements and 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 President, and such 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 Trustees Michael Zager and 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) maintains a written Code of Conduct Policy which provides an overview of requirements in complying with applicable laws, rules, regulations, and adhering to ethical standards by its officers, employees, representatives, and agents in conducting NSU business. To aid in the identification of and correction of any actual or perceived violations of the University's Code of Conduct Policy, NSU has a written Compliance Plan. The Compliance Plan not only explains the compliance obligations of all NSU colleagues, it contains specific directives for key personnel and committees to uphold the Compliance Plan and ensure that their team members have sufficient information to comply with the applicable laws, regulations, and policies, as well as the resources to resolve ethical dilemmas. In addition to the foregoing, each year, the University asks the governing Board of Trustees, officers, directors, and key employees to respond to a questionnaire and disclose on a yearly basis. The questionnaire is designed to collect information and monitor compliance. 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 and then to 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. Form 990, Part X, Line 27-29 In August 2016, the FASB issued ASU 2016-14, Not-for-Profit Entities (Topic 958) which simplifies and improves how a not-for-profit organization classifies its net assets by reducing the net asset categories from three to two. NSU adopted ASU 2016-14 in fiscal 2019, and applied changes retrospectively. "Net assets without donor restrictions" (previously unrestricted net assets) are reported on Part X, Line 27. "Net assets with donor restriction" (previously temporarily restricted net assets and permanently restricted net assets) continue to be reported on Part X, Line 28 and Line 29, respectively. NSU Grande Oaks LLC 3201 W Rolling Hills Circle Fort Lauderdale FL 33328 204811801 Golf Course FL 6244529 38367627 Nova Southeastern University Inc NSU Park Plaza LLC 3301 College Ave Fort Lauderdale FL 33314 954893480 Commercial Real Estate FL 556282 2443220 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 36714583 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 1227622 claims reimbursed NSU Guaranty Insurance Company LTD Q 42438 expenses reimbursed