2020-07-14T15:30:33-05:00 2019-06-30 350921680 CROWE LLP 401 East Las Olas Blvd Suite 1100 Fort Lauderdale FL 333014230 990 2018-07-01 590624412 Jacksonville University JACK 9042567082 2800 University Boulevard North Jacksonville FL 32211 Randal Freebourn Chief Financial Officer 2020-07-14 true BRITTNEY KOCAJ P01320603 9542028600 2018 2021-01-29 14:40:06Z Timothy Cost 2800 University Boulevard North Jacksonville FL 32211 155856653 false X www.ju.edu X 1934 FL The mission of Jacksonville University is to prepare each student for life-long learning, achieving, leading, and serving. 26 24 1730 70 21339 14512 10250436 15946568 122618660 129763784 2084750 3340775 3610236 3955741 138564082 153006868 44606790 50851833 0 55838528 58459880 0 1995387 42104013 48170335 142549331 157482048 -3985249 -4475180 329881431 343816211 233673706 251189740 96207725 92626471 Our mission is to prepare students for life-long success in learning, achieving, leading, and serving. We accomplish this mission in a small, comprehensive, independent University community located within a vibrant metropolitan setting. (continued in Schedule O) false false 128108496 50851833 133659476 JACKSONVILLE UNIVERSITY ("JU") IS A SMALL, COMPREHENSIVE, INDEPENDENT UNIVERSITY COMBINING THE BEST ATTRIBUTES OF THE LIBERAL ARTS AND SCIENCES TRADITION AND PROFESSIONAL STUDIES. THE JU LEARNING COMMUNITY PROVIDES PERSONALIZED SERVICE AND CLOSE STUDENT-FACULTY INTERACTION WITH AN EMPHASIS ON ENGAGED LEARNING. THE COLLEGE OF ARTS & SCIENCES, THE DAVIS COLLEGE OF BUSINESS, THE COLLEGE OF FINE ARTS, THE COLLEGE OF HEALTH SCIENCES, AND THE SCHOOL OF ORTHODONTICS OFFER MORE THAN 70 UNDERGRADUATE MAJORS PLUS GRADUATE PROGRAMS IN BUSINESS, CHOREOGRAPHY, VISUAL ARTS, EDUCATION, MATH, MARINE SCIENCE, NURSING AND ORTHODONTICS. JACKSONVILLE UNIVERSITY PREPARES ITS STUDENTS TO SUCCEED IN MEANINGFUL CAREERS AND ADVANCED STUDY AT THE GRADUATE LEVEL AND ALSO TO FUNCTION AS WELL-EDUCATED, WELL-ROUNDED, SERVICE-MINDED CITIZENS IN OUR MODERN SOCIETY. 128108496 true true false false false false true false true true false false true true true true false true false true false false false false false false false true true true false false false false false false true false false false true true false false true false true false false false true 6200 0 true 1730 true true true false false false false false true false false true false false false X 26 24 false false false false false false false true true false false true true true true true true true true true true FL X Randal Freebourn 9042567024 2800 University Boulevard North Jacksonville FL 32211 Timothy P Cost President 40.0 X X 1132117 0 110729 Jamie Shelton Chairman 1.0 X X 0 0 0 Cynthia Chomiak Vice Chairman 1.0 X X 0 0 0 Robert Hill Jr Secretary & Advocate 1.0 X X 0 0 0 Frank Martire Treasurer 1.0 X X 0 0 0 Jason Altmire Trustee 1.0 X 0 0 0 Laura Angelini Trustee 1.0 X 0 0 0 Ken Babby Trustee 1.0 X 0 0 0 Amy Berg Trustee 1.0 X 0 0 0 JF Bryan Trustee 1.0 X 0 0 0 G Ray Driver Trustee 1.0 X 0 0 0 Roseann Druan Trustee 1.0 X 0 0 0 Jannet Walker Ford Trustee 1.0 X 0 0 0 Dane Grey Trustee 1.0 X 0 0 0 Matthew Kane Trustee 1.0 X 0 0 0 Steven Koegler Trustee 1.0 X 0 0 0 John Miller Trustee 1.0 X 0 0 0 Lee Nimnicht Trustee 1.0 X 0 0 0 George Scanlon Trustee 1.0 X 0 0 0 John Semanik Trustee 1.0 X 0 0 0 Greg Smith Trustee 1.0 X 0 0 0 Linda Stein Trustee 1.0 X 0 0 0 Kent Thielen MD Trustee 1.0 X 0 0 0 Russ Thomas Trustee 1.0 X 0 0 0 Rachel Vitti Trustee 1.0 X 0 0 0 Will Weatherford Trustee 1.0 X 0 0 0 Gary Flower Trustee (Partial Year) 1.0 X 0 0 0 Dr Gianrico Farrugia MD Trustee (Partial Year) 1.0 X 0 0 0 Peter Ghiloni Trustee (Partial Year) 1.0 X 0 0 0 Lawrence Kurzius Trustee (Partial Year) 1.0 X 0 0 0 John Wilbanks Trustee (Partial Year) 1.0 X 0 0 0 Randal Freebourn Senior VP CFO 40.0 X 225521 0 34672 Christine Sapienza Interim Provost, VP President of Academic Affairs 40.0 X 300891 0 37807 Anthony Jasick Head Coach, Men's Basketball 40.0 X 277795 0 40173 Don Capener Dean, Robert T. Shircliff Endowed Chair 40.0 X 240168 0 50703 Sawsan Tabbaa Clin Assoc Prof Orthodontics 40.0 X 225949 0 14891 Angela Mattia Prof. of Decision Sciences & Information Mgmnt 40.0 X 208134 0 16316 William Crosby Interim Dean DCOB 40.0 X 207231 0 29461 2817806 0 334752 102 false true false The Stellar Group Inc 2900 Hartley Rd Jacksonville FL 32257 Construction 13444556 Aramark Business Services 1101 Market St Philadelphia PA 19107 DINING SERVICES/FACILITIES 12634128 The Haskell Company PO Box 45275 JACKSONVILLE FL 32232 Construction 3178440 Aerosim Academy Inc 855-3 St Johns Bluff Rd JACKSONVILLE FL 32225 Student Flight Lessons 2044596 BMS Cat Inc 5718 Airport Freeway Haltom City TX 76117 Construction and Restoration Svcs 859136 81 X 3792117 12154451 284444 15946568 Tuition & Fees 611310 107194483 107194483 Auxiliary Enterprises 611310 21476912 21476912 Athletics 900099 1092389 1092389 0 0 0 0 129763784 2344210 13787 2330423 57299 57299 0 57299 4802 52497 3846350 0 2593338 256447 1253012 -256447 996565 996565 Recovery of write offs 900099 267862 267862 DINING REVENUE 722514 533049 533049 INSURANCE PROCEEDS 900099 511235 511235 2586296 2583546 2750 0 3898442 153006868 133659476 21339 3379485 50851833 50851833 1831833 1831833 43079298 38212777 3744972 1121549 1463936 1372933 59959 31044 8890282 6965339 1679539 245404 3194531 2736697 376748 81086 434226 13334 420892 0 159185 0 159185 0 244524 0 244524 0 6513264 706770 5787230 19264 918606 711312 155624 51670 1516148 1113406 283464 119278 1876776 747217 1090564 38995 3032681 1072078 1960603 0 3220512 3059187 106508 54817 364777 296617 67571 589 6790339 772 6789567 0 6956357 6956357 0 0 1290545 589384 676465 24696 Food/Meal Plans 5791708 5791708 0 0 Bad debt expense 1056048 1056048 0 0 Sports Equipment & Supplies 883240 883240 0 0 Recruiting 480501 480501 0 0 6640898 4490986 1942917 206995 157482048 128108496 27378165 1995387 342130 1054640 5239641 8204950 5807528 5165769 50672118 57464050 0 0 0 1596828 1911728 1398042 1118011 257802866 93244370 135485797 164558496 43088966 45147258 7410123 7226089 0 78840258 51965220 329881431 343816211 7609950 12421274 55699082 65390451 136849721 136887077 0 9954978 9951686 8992275 12360000 14567700 14179252 233673706 251189740 X 45357506 43912943 13740974 11203946 37109245 37509582 96207725 92626471 329881431 343816211 X -4475180 924992 7648 -38714 X false true X true true true X 18350138 11301512 11703475 10250436 15946568 67552129 0 0 18350138 11301512 11703475 10250436 15946568 67552129 6164607 61387522 884145 1149514 1265619 1282340 2382920 6964538 5136 0 21552 42310 21339 90337 3791097 3670529 3964782 3556785 3895692 18878885 93485889 563736162 0.6567 0.7064 X Schedule A, Part II Public Support Test TO QUALIFY FOR LIMITED DONOR DISCLOSURE UNDER THE SPECIAL RULE ON SCHEDULE B, THE PUBLIC SUPPORT TEST HAS BEEN COMPLETED TO DEMONSTRATE THE UNIVERSITY MEETS THE QUANTITATIVE SUPPORT TEST UNDER SECTION 509(A)(1) OF THE INTERNAL REVENUE CODE, WHICH REQUIRES AN ORGANIZATION TO RECEIVE A SUBSTANTIAL PART OF ITS SUPPORT FROM A GOVERNMENTAL UNIT OR FROM THE GENERAL PUBLIC. Schedule A, Part II, Line 10 Other Income DESCRIPTION - OTHER INCOME, COLUMN A - 3791097.0, COLUMN B - 3670529.0, COLUMN C - 3964782.0, COLUMN D - 3556785.0, COLUMN E - 3895692.0, COLUMN F - 18878885.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13403 4189407 X false 44737287 1267726 2903823 2166103 46742733 44285756 421572 2074171 2044212 44737287 43782429 520388 3399106 3416167 44285756 36987405 8883251 176758 2264985 0 43782429 37417044 240520 1235183 1655342 250000 36987405 0.2186 0.7082 0.0732 false false 7424371 7424371 161497599 51140125 110357474 520380 61502 458878 52611987 35831438 16780549 35748529 6211305 29537224 164558496 Collectibles/Life Insurance Policies 143022 Permanent Art Collection 4189407 Assets Limited to Use-Bond Reserve Accounts 47632791 51965220 Student Deposits 677710 Advances from Federal Gov't 1130190 Capital Lease Obligations 12202511 Nurse Faculty Standard Loan Program 168841 14179252 X 103240059 924992 7648 0 932640 102307419 244524 50454925 50699449 153006868 106821313 38714 38714 106782599 244524 50454925 50699449 157482048 Schedule D, Part III, Line 4 Collections of art - description of collections The art collection represents hundreds of pieces of art work, paintings, and sculptures donated to the university over the past 75 years. Schedule D, Part V, Line 4 Intended uses of endowment funds Donor-restricted endowment funds are intended to be held in perpetuity, with the earnings thereof used for the stated purpose defined in the gift instruments. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The University is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. U.S. GAAP prescribes recognition thresholds and measurement attributes for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Tax benefits will be recognized only if the tax position is considered more-likely-than-not to be sustained in a tax examination, with a tax examination being presumed to occur. For tax positions not meeting the "more likely than not" test, no tax benefit is recorded. The University does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. The University recognizes interest and/or penalties related to income tax matters in income tax expense. The University did not have any amount accrued for interest and penalties at June 30, 2019 and 2018. Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Financial Assistance - 50454925 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 UNCOLLECTED PLEDGES - 38714 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Financial Assistance - 50454925 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY Jacksonville University publishes its nondiscriminatory policies in various documents of the University, including the school catalog, student handbook, registration posters, and newspaper advertisements. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT In order to provide students with adequate financial aid packages, the University participates in both federal and state financial aid programs. Central America and the Caribbean 0 0 Investments 757000 Europe (Including Iceland and Greenland) 0 0 Program Services Student Class Trips, Speaking Engagements and Conference Travel 380791 North America (Canada & Mexico only) 0 0 Program Services Faculty Research 2064 South America 0 0 Program Services Student Study Abroad 10600 East Asia and the Pacific 0 0 Program Services Recruiting, Faculty Conference Participation 12467 Middle East and North Africa 0 0 Program Services Recruiting 3882 Sub-Saharan Africa 0 0 Program Services Faculty Research 1495 Central America and the Caribbean 0 0 Program Services Student Class Trip,. Documentary Research 43778 Russia and Neighboring States 0 0 Program Services Faculty Presentation 970 South Asia 0 0 Program Services Recruiting 6811 0 0 0 0 0 0 1219858 0 1219858 true false true false false false true STUDENT WORK AWARDS 302 585648 SCHOLARSHIPS 2301 45284646 FEDERAL PELL GRANT PROGRAM 973 4215933 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS 312 351844 COLLEGE WORK-STUDY PROGRAMS 293 392757 Student Loan Cancellations 27 21005 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. All grant expenditures are reviewed by the Grant Accountant for reasonableness, allowable expenditures, and compliance to the grant regulations and criteria. All scholarships and assistance are provided as a credit to the student's tuition account. X X X true true X X X false true false false false false false false false Timothy P Cost President 430646 0 150000 0 551471 0 102312 0 8417 0 1242846 0 473817 0 Randal Freebourn Senior VP CFO 225005 0 0 0 516 0 14100 0 20572 0 260193 0 0 0 Christine Sapienza Interim Provost, VP President of Academic Affairs 300615 0 0 0 276 0 16682 0 21125 0 338698 0 0 0 Anthony Jasick Head Coach, Men's Basketball 240504 0 30000 0 7291 0 14894 0 25279 0 317968 0 0 0 Don Capener Dean, Robert T. Shircliff Endowed Chair 238722 0 0 0 1446 0 12750 0 37953 0 290871 0 0 0 Sawsan Tabbaa Clin Assoc Prof Orthodontics 225433 0 0 0 516 0 13200 0 1691 0 240840 0 0 0 Angela Mattia Prof. of Decision Sciences & Information Mgmnt 207891 0 0 0 243 0 5820 0 10496 0 224450 0 0 0 William Crosby Interim Dean DCOB 206613 0 0 0 618 0 11670 0 17791 0 236692 0 0 0 Schedule J, Part I, Line 1a First-class or charter travel Don Capener, Dean of Davis College of Business, is allowed to upgrade from Coach to First Class on two trips per year. This is not treated as taxable compensation to the individual. Schedule J, Part I, Line 1a Housing allowance or residence for personal use Tim Cost received a taxable housing allowance as part of his employment. Schedule J, Part I, Line 1a Health or social club dues or initiation fees Tim Cost received payments for club dues. The clubs were used entirely for business purposes and were treated as taxable compensation. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan President Tim Cost participated in a 457(f) nonqualified deferred compensation plan. Total contributions into this plan for 2018 were $77,812. Total distributions out of the plan for 2018 were $473,817. A Higher Educational Facilities Financing Authority 900058227 34073TKX4 2018-06-19 97993064 See VI false false false B City of Jacksonville Florida 596000344 46936RAD4 2018-06-19 41187643 See VI false false false A 0 0 98420526 6261061 0 0 1604577 0 526000 17922236 58589000 13517653 true false false true B 0 0 41662079 2642529 0 0 698119 0 0 13757960 0 24563471 false false false true A false false false false 0.0 0.0 0.0 false false true B false false false false 0.0 0.0 0.0 false false true A false true false false false false false false true B false true false false false false false false true A true B true Schedule K, Part I Higher Educational Facilities Financing Authority JU Project 2018A-1 *Description of Purpose: The Proceeds of the bonds will be used to fund a loan to the borrower for the purpose of: (I) Financing, reimbursing or refinancing a portion of the costs of acquiring, construction, renovating, and equipping the costs of projects consisting of the acquisition, construction and installation of certain educational facilities including but not limited to the renovation of existing residence halls, the construction and/or renovation of various other facilities and capital expenditures, and the installation of facilities, furnishings, fixtures and equipment related to the foregoing (II) Refinancing projects through the financing of certain outstanding indebtedness of the borrower (III) Funding debt service reserves for the bonds and (IV)Paying all or a portion of the costs of issuing bonds The refunded obligations consist of the following: (I) Promissory note dated November 21, 2011, in the original principal amount of $63,000,000, issued by the borrower which refunded the outstanding high educational facilities financing authority revenue bonds (Jacksonville University) project 2006, issued October 12, 2006; (II) Promissory note dated November 4, 2016, issued by the borrower, in the original principal amount of $6,300,000. Schedule K, Part I City of Jacksonville, FL Educ Facilities Rev Bonds (JU Project) Series2018 B *Description of Purpose: The proceeds of the Bonds will be used to fund a loan to the Borrower for the purpose of: (i) financing, reimbursing or refinancing a portion of the costs of acquiring, constructing, renovating, and equipping the costs of the Project (as defined herein), (ii) funding debt service reserves for the Bonds, and (iii) paying all or a portion of the costs of issuing the Bonds The project consists of the acquisition, construction and installation of certain educational facilities including but not limited to: (i) the construction of a new three-story building containing approximately 104,000 square feet for the Brooks Rehabilitation College of Healthcare Sciences which contains the Keigwin School of Applied Health Sciences and the School of Orthodontics, (ii) the renovation of existing residence halls, (iii) the construction and/or renovation of various other facilities and capital expenditures, and (iv) the installation of facilities, furnishings, fixtures and equipment related to the foregoing. Schedule K, Part II Higher Educational Facilities Financing Authority JU Project 2018-1 Line 3 - proceeds of issue increased due to investment earnings in the amount of $427,462.37. Schedule K, Part II City of Jacksonville, FL Educ Facilities Rev Bonds (JU Project) Series2018 B Line 3 - proceeds of issue increased due to investment earnings in the amount of $474,436.24. See Statement 52148 Discounted Tuition Schedule L, Part III GRANTS OR ASSISTANCE BENEFITING INTERESTED PERSONS COLLEGES, UNIVERSITIES, AND PRIMARY AND SECONDARY SCHOOLS ARE NOT REQUIRED TO IDENTIFY INTERESTED PERSONS TO WHOM THEY PROVIDED SCHOLARSHIPS, FELLOWSHIPS, AND SIMILAR FINANCIAL ASSISTANCE. PURSUANT TO THE INSTRUCTIONS TO FORM 990, SCHEDULE L, PART III, COLUMNS (A) AND (B) HAVE BEEN LEFT BLANK. X 2 13403 Opinions of experts X 1 7500 Cost X 8 228721 Market value X Furniture Fixtures & Equipment 6 12528 Cost X Miscellaneous 44 8792 Cost X Musical Instruments and Music 2 13500 Cost 1 false true false Schedule M, Part I Explanations of reporting method for number of contributions Art - Works of art - Number of Contributions Boats and planes - Number of Items Received Securities - Publicly traded - Number of Contributions Other - Furniture Fixtures & Equipment Number of Contributions Other - Miscellaneous Number of Contributions Other - Musical Instruments and Music Number of Contributions Form 990, Part III, Line 1 ORGANIZATION'S MISSION STATEMENT (CONTINUED FROM PART III) THE UNIVERSITY SERVES AN ETHNICALLY AND GEOGRAPHICALLY DIVERSE, PREDOMINANTLY UNDERGRADUATE STUDENT BODY, AS WELL AS ADULT LEARNERS IN SELECTED UNDERGRADUATE AND GRADUATE PROGRAMS. OUR LEARNING COMMUNITY PROVIDES PERSONALIZED SERVICE, CLOSE STUDENT-FACULTY INTERACTION, AND AN EXTENSIVE ARRAY OF EDUCATIONAL AND CO-CURRICULAR PROGRAMS. WE EMPHASIZE ENGAGED LEARNING, THE INTEGRATION OF THINKING WITH DOING, AND THE COMBINATION OF PROFESSIONAL PREPARATION WITH A STRONG LIBERAL ARTS FOUNDATION. Form 990, Part VI, Line 1a Delegate broad authority to a committee The executive committee has all powers of the board except as prohibited by law and except that it shall not have the power to alter or revoke any previous order, resolution or vote of a meeting of the board unless specifically granted such power by the board. The committee shall have as its special responsibility oversight for the preparation and implementation of the University's strategic plan presented by the President. The members of the executive committee shall consist of all the officers of the board and the chairs of the standing committees. The president of the university shall serve on the executive committee without vote. Form 990, Part VI, Line 11b Review of form 990 by governing body The University uses its external tax advisers to prepare and review its 990 tax return on a timely basis. The content information is provided by University staff and is subject to review by the Chief Financial Officer. The 990 is then reviewed and approved by the Audit Committee of the Board of Trustees and their review is reported to the Board. Copies of the 990 are made available to members of the Board before final submission. Form 990, Part VI, Line 12c Conflict of interest policy The University requires on an annual basis written confirmation from all executive staff and board of trustees' members full & complete acknowledgement of compliance with the University's conflict of interest policy. The University's purchasing policies & procedures also ensure that all purchasing decisions are evaluated on a stringent quality and cost/benefit process that is not influenced by potential related party or conflict of interest. Individuals are prohibited from voting on any matter where a conflict of interest exists. If an individual is unsure whether a conflict exists or not, they may request the Board or Committee to resolve the matter via vote. Form 990, Part VI, Line 15a Process to establish compensation of top management official The University determines its annual compensation for all executive, senior level and key employees on a consistent basis through the use of independent, comparative compensation data from peer institutions of similar size and complexity. The employment contracts of the University's President and other key senior officers and employees are also reviewed and approved by a select group of board of trustee's members. The evaluation is performed annually, the last time being April-May 2019. Evidence of deliberation and decision is contained in the minutes of the board of trustees meetings. Form 990, Part VI, Line 15b Process to establish compensation of other employees The University determines its annual compensation for all executive, senior level and key employees on a consistent basis through the use of independent, comparative compensation data from peer institutions of similar size and complexity. The evaluation is performed annually, the last time being April-May 2019. Evidence of deliberation and decision is contained in the minutes of the board of trustees meetings. Form 990, Part VI, Line 19 Required documents available to the public The governing documents, conflict of interest policy and financial statements are available upon request. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue All Other Revenue - Total Revenue: 2583546, Related or Exempt Function Revenue: 2583546, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Advertising - Total Revenue: 2075, Related or Exempt Function Revenue: , Unrelated Business Revenue: 2075, Revenue Excluded from Tax Under Sections 512, 513, or 514: ; running lab revenue - Total Revenue: 675, Related or Exempt Function Revenue: , Unrelated Business Revenue: 675, Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Uncollected Pledges - -38714; JACKSONVILLE UNIVERSITY CLINIC LLC 2800 UNIVERSITY BOULEVARD NORTH JACKSONVILLE FL 32211 043648158 ORTHODONTIC CLINIC OPERATIONS FL 2928870 479194 JU Jacksonville University Flight Team LLC 2800 University Boulevard North Jacksonville FL 32211 590624412 Flight Team Exercises FL 0 0 JU