2020-04-09T11:49:47-05:00 2019-06-30 363990892 Capin Crouse LLP 55 Shuman Blvd Suite 300 Naperville IL 60563 990 2018-07-01 480730814 MidAmerica Nazarene University MIDA 9139713600 2030 East College Way Olathe KS 66062 Darrel W Anderson VP for Finance/CFO 9137823750 2020-04-09 Ted R Batson Jr P00721951 6306829797 139.146.132.42 2020-04-09 12:49:37 ED P B192CC0D102847318814F28D1D78F3A4F74CC717 F8DAE7B8F3AA63F79B4127C57EFB7FEF9B47D42E 2018 2020-09-23 17:36:50Z Dr David Spittal 2030 East College Way Olathe KS 66062 46242178 0 X www.mnu.edu X 1966 KS Transformative Univ. nurturing Christlike community, academic excellence & passion to serve. 41 38 717 295 96177 81109 4913814 4887903 41746696 40903803 10468 19420 102519 130333 46773497 45941459 14769211 14081183 0 0 20731203 20413360 84542 84591 1785969 12463236 12831048 48048192 47410182 -1274695 -1468723 37247985 36813326 19771285 20805349 17476700 16007977 X MidAmerica Nazarene University (MNU) is a transformative university that nurtures Christlike community, pursues academic excellence, and cultivates a passion to serve. MNU is a comprehensive liberal arts university offering undergraduate and selected professional and graduate degrees, and is committed to serving the church and its global mission. The University is a Christian community in the Wesleyan-Holiness tradition, and MidAmerica Nazarene University seeks to transform its students through intellectual, spiritual, and personal development for a life of service to God, the Church, the nation, and the world. 0 0 43042869 14081183 40929444 MidAmerica Nazarene University is a private, Christian, liberal arts university founded in 1966. The campus is located on 105 acres in Olathe, Kansas. In 2016, MNU had its accreditation by the Higher Learning Commission reaffirmed. Offering over 40 undergraduate majors, the university is also known for its accelerated professional and graduate programs, including undergraduate degrees in management, education, computer information systems, and nursing and graduate degrees in business, education, nursing, and counseling, and postgraduate certificates. Online offerings include classes in education, business, computer information systems, nursing and associate's-level studies. (Continued on Schedule O)The Associates of Arts in Business, Bachelor of Business Administration, MBA, and several nursing degrees (degree completion and master's degrees) are offered completely online. Sponsored by the North Central Region of the International Church of the Nazarene, the University is committed to serving the church and its global mission. MNU exists to help its students discover God's plan for their lives and equips them for leadership and service in the world. The Career and Life Calling office prepares students for a life of significance and purpose by fostering opportunities to explore and discern God-inspired calling, develop unique abilities, and live out vocations as servant leaders. Study abroad is encouraged as well as service-learning experiences. A variety of special interest clubs, traveling music groups, band, concert choir, student government, and outreach groups are available. The University provides intercollegiate competition in football, volleyball, softball, baseball, men's and women's basketball, men's and women's soccer, and men's and women's cross country and track. Chapel services and other opportunities for spiritual deepening provide an emphasis on students' spiritual formation.Total enrollment for the Fall 2018 semester was 1,882 students. The five largest undergraduate programs were Nursing, Organizational Leadership, Business Administration, Elementary Education, and Kinesiology. MNU offers 39 traditional undergraduate majors; degree-completion programs in nursing, business, and education; and graduate degrees in business, counseling, education, and nursing. MNU facts: MNU is the only private university in the state of Kansas to offer a graduate counseling program accredited by the Council for Accreditation of Counseling & Related Educational Programs (CACREP). MNU's 2018 NCLEX-RN pass rate for BSN graduates was 95.7% - the ninth year in a row that this rate has exceeded the national average, and the eleventh year in a row that this rate has exceeded the state average. MNU has offered innovative, accelerated adult degree completion and graduate programs since 1987. The yearly economic impact of the University is more than $44 million annually in the state of Kansas. 43042869 1 1 0 0 0 0 0 1 0 1 1 0 1 0 1 0 0 1 1 0 1 0 0 1 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 1 4151 0 1 717 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 41 38 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 KS X Darrel W Anderson 9139713600 2030 East College Way Olathe KS 66062 Dr David J Spittal President 40.00 1.00 X X 198625 0 0 Rev Jim C Bond Chair 1.00 1.00 X X 0 0 0 Dr Tia Strait Vice Chair 1.00 X X 0 0 0 Mr Daniel D Rexroth Treasurer 1.00 X X 0 0 0 Mr Greg Hephner Secretary 1.00 X X 0 0 0 Dr Merrill R Conant Trustee 1.00 X 0 0 0 Mr Tim Buchanan Trustee 1.00 X 0 0 0 Dr Glenn Kell Trustee 1.00 X 0 0 0 Rev Michael G Palmer Trustee 1.00 X 0 0 0 Mrs Terri Comfort Trustee 1.00 X 0 0 0 Rev Joel Atwell Trustee 1.00 X 0 0 0 Rev Daniel W Cole Trustee 1.00 X 0 0 0 Mr Chad Cook Trustee 1.00 X 0 0 0 Mr John Dahl Trustee 1.00 X 0 0 0 Rev M Kim Smith Trustee 1.00 X 0 0 0 Rev Fred Morrison Trustee 1.00 X 0 0 0 Mr Eldon J Meyers Trustee 1.00 X 0 0 0 Dr Larry McIntire Trustee 1.00 1.00 X 0 0 0 Rev Fred Toomey Trustee 1.00 X 0 0 0 Rev Jake Blankenship Trustee 1.00 X 0 0 0 Mrs Donna Boese Trustee 1.00 X 0 0 0 Mr Allen K Brown Trustee 1.00 X 0 0 0 Dr Eddie Estep Trustee 1.00 X 0 0 0 Dr Vicki Copp Trustee 1.00 X 0 0 0 Mr Keith Cox Trustee 1.00 1.00 X 0 0 0 Dr Deanna Edwards Trustee 1.00 X 0 0 0 Rev Leray D Glendenning Trustee 1.00 X 0 0 0 Dr Julie E Samuels Trustee 1.00 X 0 0 0 Mr Phillip D Speicher Trustee 1.00 X 0 0 0 Dr Brent Van Hook Trustee 1.00 X 0 0 0 Mr Ervin Cash Trustee 1.00 X 0 0 0 Mr Robert Cossins Trustee 1.00 X 0 0 0 Rev Steven Hoffman Trustee 1.00 X 0 0 0 Rev Phil Rhoades Trustee 1.00 X 0 0 0 Dr N Jeannie Williams Trustee 1.00 X 0 0 0 Dr Scott Dermer Trustee 1.00 X 0 0 0 Mrs Robin Hammann Trustee 1.00 X 0 0 0 Rev Dustin Ledford Trustee 1.00 X 0 0 0 Dr Branson Roberts Trustee 1.00 X 0 0 0 Rev Matt Lucas Trustee 1.00 X 0 0 0 Rev Kent Pedersen Trustee 1.00 X 0 0 0 Mr Jon North VP of Advancement 40.00 1.00 X 129566 0 49645 Dr Mary Jones part year Provost/Chief Academic Officer 40.00 X 131260 0 13765 Mrs Kristi Keeton VP for Student Development 40.00 X 85425 0 819 Mr Darrel Anderson VP Finance/CFO 40.00 1.00 X 129790 0 22810 Dr Mark Ford VP Strategic Expansion 40.00 X 99146 0 15437 Dr Nancy Damron VP for Academic Affairs/CAO 40.00 X 94122 0 8522 Mr Ric Brockmeier VP for Marketing and Enrollment 40.00 X 34701 0 1205 Mrs Susan Larson Professor of Nursing 40.00 X 101855 0 23590 Dr Karen Wiegman Dean and Professor of Nursing 40.00 X 105572 0 15144 Dr Patricia Conejo Professor of Nursing 40.00 X 104877 0 896 Dr Yorton Clark Chair of Business Admin & Professor 40.00 X 103675 0 1702 1318614 0 153535 8 0 1 0 Pioneer College Caterers Inc 303 Glenrose Ave Nashville TN 37210 Food Service 1353330 Michael Walters Agency Inc 444 N Wabash Ave-Ste 4W Chicago IL 60611 Marketing/Advertising 504399 Ellucian Support Inc 14083 Collections Center Dr Chicago IL 60693 Software/Implentation/Service 435640 Consolidated Communications PO Box 66523 St Louis MO 63166 Network Cabling Project 214381 Vvid Energies 1320 E Christina Ct Arlington Heights IL 60004 LED Fixtures/Installation 153036 10 2681879 2168088 37936 1274 4887903 Student Tuition 611600 36182183 36182183 Auxiliary Income 611710 4721620 4721620 40903803 19420 19420 8515 8515 384596 300719 83877 83877 83877 Advertising 541900 12300 12300 25641 25641 37941 45941459 40929444 96177 27935 14081183 14081183 1034185 194464 644991 194730 174900 73052 58065 43783 15001485 14267220 348379 385886 77433 70578 4560 2295 2984686 2784017 165453 35216 1140671 1029817 71894 38960 58860 58860 166982 166982 84591 84591 2018669 1896516 93465 28688 547081 533272 6059 7750 1244033 1089797 82620 71616 783762 707593 49399 26770 2053927 2000191 31485 22251 952029 881777 39445 30807 74851 69328 5501 22 882481 748512 115516 18453 1792932 1591461 129935 71536 322622 287313 27814 7495 Charges/Fees/Testing 447595 319832 127744 19 Labor/Materials Expense 346789 104673 241691 425 1138435 312273 111486 714676 47410182 43042869 2581344 1785969 X 129185 69259 1847481 3024327 599717 783955 18877 12679 221312 147623 65647847 35500987 30909195 30146860 2900378 1995821 621840 632802 37247985 36813326 1122272 1258666 1228649 1337283 13985812 13925116 3434552 4284284 19771285 20805349 X 16442485 14962497 1034215 1045480 17476700 16007977 37247985 36813326 -1468723 0 X X 0 1 X 1 1 1 X 3739344 15543642 5402712 4913814 4887903 34487415 3739344 15543642 5402712 4913814 4887903 34487415 8253864 26233551 15695 19657 11275 13671 27935 88233 3226 14387 8793 4427 81109 111942 23250 16214 8250 92233 25641 165588 34853178 196995005 0.75270 0.73550 X Schedule A, Part II, Line 10, Explanation of Other Income: Misc income - 2014 Amount: $ 23,250. 2015 Amount: $ 16,214. 2016 Amount: $ 8,250. 2017 Amount: $ 92,233. 2018 Amount: $ 25,641. 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, therefore, qualifies to use the first listed special rule for Schedule B reporting. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 144655 X X Resale in future years 0 11783813 1552348 684483 402970 5206 13612468 10567807 975763 591968 346996 4729 11783813 9338653 768248 784125 317826 5393 10567807 9340540 306012 197784 502599 3084 9338653 8935246 493244 273890 361331 509 9340540 0.09750 0.90250 0 1 1 1043851 1043851 46970571 21070990 25899581 161808 122202 39606 17039410 14307795 2731615 432207 432207 30146860 Student Loan Receivables 1995821 C 1995821 Student Deposits 167341 Refundable Loan Program 1116943 Intracompany note payable 3000000 4284284 Part III, Line 4: The organization received Thomas Kinkade paintings and prints from a donor during the fiscal year ended 6/30/2008. This collection of artwork is and will be used for the viewing of the general public through public exhibition and for future investment purposes when it is sold at a later date. Part V, Line 4: The endowment funds are held by MidAmerica Nazarene Foundation, a related tax exempt organization. Earnings from the endowment funds are to be used to fund the continuing operations of the University. Form 990, Schedule D, Part V, Lines 2a-2c: 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 6/30/2019. To date, Form 990 and its associated schedules have not been 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, Schedule D, Part V, Lines 2a-2c: Line 2a - Without donor restrictions Line 2b - With donor restrictions 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The organization currently enrolls students of racial minority groups in meaningful numbers consistent with the publicity exception found in Rev. Proc. 75-50 section 4.03(2)(b). Schedule E, Part I, Line 6 The organization is involved in several grant programs administered by the Federal Government and State Government and also serves as the administrative conduit by which Title VI Federal Financial Aid is distributed to eligible students. Sub-Saharan Africa 0 0 Program Services Study abroad program 16138 Central America and the Caribbean 0 0 Program Services Study abroad program 37699 0 0 0 0 0 0 53837 0 53837 0 0 0 0 0 0 Part I, line 3: Expenditures are accounted for using the accrual method of accounting. 1 Hartsook Companies Inc PO Box 21647 Shawnee Mission KS 66225 Consulting & Introductions to Potential Donors 0 0 84591 -84591 84591 -84591 KS Schedule G, Part I, Line 2b, column (iv) The professional fundraising services were consulting in nature, no gross receipts were directly generated from the services provided. 1 Scholarships and Fellowships 1259 14081183 Part I, Line 2: Grants and Scholarships Monitored by MidAmerica Nazarene University: Institutional- Awarded based on financial need, merit, and donor criteria. Amounts will vary depending on awards and funding limits. The Student Financial Aid Services Office monitors the student progress towards their educational goal to ensure compliance with institutional polices. Students failing to meet the institutional polices risk loss of institutional aid. Federal and State- Awarded based on Federal and State regulations, based on financial need, academic standards of the programs, and funding availability. The Student Financial Aid Services Office monitors the student progress towards their educational goal to ensure compliance with Federal and State polices. Students failing to meet the Federal and State polices risk loss of Federal and State aid. Employee Tuition Scholarship- Eligible employees and family members can apply for tuition scholarships (tuition remission). The amount is based on title, length of employment, and other institutional aid. All grants and scholarships are applied directly to student accounts. X X 0 0 0 0 0 0 0 0 0 Dr David J Spittal President 191175 0 0 0 7450 0 0 0 288 0 198913 0 0 0 Mr Jon North VP of Advancement 122116 0 0 0 7450 0 1296 0 48638 0 179500 0 0 0 Mr Darrel Anderson VP Finance/CFO 129790 0 0 0 0 0 1342 0 21762 0 152894 0 0 0 31093 Scholarships Tuition Remission William Morrison Family member of Rev. Fred Morrison, Trustee 19549 Compensation 0 Tim Keeton Family member of Kristi Keeton, VP for Student Development 87565 Compensation 0 Faith North Family member of Jon North, VP of Advancement 28911 Compensation 0 Terry North Family member of Jon North, VP of Advancement 14282 Compensation 0 Jill R Speicher Family member of Phillip Speicher, Trustee 24593 Compensation 0 Form 990, Part VI, Section A, line 1 The Executive Committee includes the President, Chairperson, Vice Chairperson, Secretary and Treasurer of the Board, Standing Committee Chairs plus (2) elected members, at least (1) of whom shall be a layperson. It exercises most of the powers of the Board when the Board is not in session, but they do not take final action on any major matters pertaining to the University's position statement and mission, the removal of a University officer or Trustee from office, or the encumbrance of substantive institutional assets, until appropriate committees recommend such action and the Board has voted. Form 990, Part VI, Section B, line 11b Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS. Form 990, Part VI, Section B, line 12c All trustees, MidAmerica Nazarene University Foundation trustees, and administrative officers of the University (members of the President's Cabinet) must disclose annually in writing any conflict of interest, or potential conflict of interest. If a circumstance should arise where it may be in the best interest of the University to engage in a transaction despite the conflict of interest, after disclosure of the conflict of interest, the individual with whom the conflict of interest is present must abstain from any discussion or deliberation concerning such matter (unless the Board of Trustees or administration requests information or interpretation for special reasons). Record of such individual's withdrawal from participation in the discussion, deliberation, and decision on the matter should be noted in any minutes of the session at which such matter is considered. Should a potential conflict of interest matter require an executive committee or board vote to resolve, those concerned shall not be present at the time of the vote. If a trustee, MidAmerica Nazarene University Foundation trustee, or administrative officer is uncertain whether to list a particular relationship, the board chair and institutional legal counsel may need to be consulted. The board chair and legal counsel may elect to seek the judgment of the executive committee of the Board of Trustees before informing or consulting with the entire board within an executive session. Information shared or gathered as a result of such consultations (including information provided on the conflict of interest statement) shall be confidential except when the institution's best interests would be served by disclosure. Such disclosure will be made only after informing those concerned. The finance committee of the Board of Trustees will conduct periodic reviews of financial activities to ensure that the University is operating in a manner consistent with accomplishing the institution's non-profit purposes and that the University's operations do not result in private inurement or impermissible benefit to private interest. Form 990, Part VI, Section B, line 15 The President and other executive administrators are employed with the approval of the Board of Trustees. The Board of Trustees determines their compensation based upon an analysis of comparable market rates and terms. The review and deliberation are documented in the board minutes. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. 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 6/30/2019. The 2018 Form 990 and its associated schedules have not been 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 $14,962,497 Line 29 - Net assets with donor restrictions $1,045,480 Total net assets $16,007,977 Form 990, Part XII, Line 2c The organization's Board assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year. MidAmerica Nazarene University Foundation 2030 E College Way Olathe KS 66062 480996330 Support MNU KS 501(c)(3) 7 Mid-America Nazarene University 0 Charitable Remainder Trust (7) CRUT KS Mid-America Nazarene University T 0 Perpetual Trust (1) Perpetual Trust KS Mid-America Nazarene University T 0 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 1 0 1 MidAmerica Nazarene University Foundation A MidAmerica Nazarene University Foundation C MidAmerica Nazarene University Foundation E MidAmerica Nazarene University Foundation M MidAmerica Nazarene University Foundation N MidAmerica Nazarene University Foundation O MidAmerica Nazarene University Foundation Q MidAmerica Nazarene University Foundation S