2020-07-15T12:07:47-05:00 2019-06-30 363990892 Capin Crouse LLP 1255 Lakes Parkway STE 130 Lawrenceville GA 30043 990 2018-07-01 570314404 Newberry College NEWB 8032765010 2100 College Street Newberry SC 29108 David Sayers Interim VP of Bus. Affairs/CFO 8032765010 2020-07-15 1 Ted R Batson Jr P00721951 6785185301 139.146.132.42 2020-07-15 13:07:40 ED P 75F19D5050521AE02F3F91AA310241EA5EA6A259 4B92F8E8F1176B945547510BA5EBB2AD7FD94F3C 2018 2020-09-23 17:36:50Z Maurice Scherrens 2100 College Street Newberry SC 29108 48770306 0 X www.newberry.edu X 1856 SC Provide undergraduate education for approximately 1,000 students. 23 22 540 24 0 0 3081132 4491076 40868309 43005037 1174854 696587 13065 10928 45137360 48203628 16332812 16747610 0 0 12448153 13088509 45312 25836 932284 15622055 17551829 44448332 47413784 689028 789844 55367450 56637293 33532940 33778588 21834510 22858705 X Newberry College challenges and nurtures students for lifetimes of service and leadership through intellectual transformation, social development, a culture of physical well-being, and spiritual growth by providing a Christian education in the Lutheran tradition. 0 0 24967183 16747610 30861879 InstructionNewberry College has a rich tradition of providing personal attention, challenging academic programs, and a close-knit community that welcomes everyone. We combine our strong liberal arts foundation with specialized professional degree programs to prepare students such as you for successful futures. Newberry College prepares students in the Lutheran liberal arts tradition through our supportive academic community for lifelong intellectual and personal development, meaningful vocation, and engaged citizenship in the global society.Intellectual DevelopmentStudents will acquire, develop, and demonstrate:-knowledge of the arts, sciences, and humanities as ways of understanding the world and our place in it.-effective oral and written communication skills.-critical thinking and quantitative analytical skills necessary for interpreting information and solving problems in a 21st-century global society.-proficiency in information literacy.Personal DevelopmentStudents will acquire, develop, and demonstrate:-the ability to work with others as leaders or as members of a team to accomplish common goals in a diverse society.-an understanding of the heritage of the Christian faith and its contribution to humane problem solving in the evolving global community.-moral reasoning skills essential for making life choices that balance personal freedoms and societal responsibilities.-the knowledge, attitudes, and habits that contribute to a healthy lifestyle.Meaningful VocationStudents will acquire, develop, and demonstrate:-knowledge of the history, methods of inquiry, and current intellectual claims of a chosen specific discipline or interdisciplinary area of study.-knowledge and skills that foster life-long personal growth and professional development in their vocational pursuits.Engaged Citizenship in a Global SocietyStudents will acquire, develop, and demonstrate:-the values necessary for effective citizenship.-the skills and historical knowledge to think critically about complex national and global issues.-the qualities of personal and social responsibility necessary to sustain and deepen democracy.NOTEWORTHY:Newberry College Confers Its First Respiratory Therapy DegreesJune 12, 2019Newberry College recently conferred degrees upon its inaugural class of graduates in the Respiratory Therapy online degree-completion program.Newberry Takes Speech & Theatre ChampionshipApril 15, 2019LANCASTER, S.C.-- A team of Newberry College students recently participated in the South Carolina Speech and Theatre Association's annual State College Festival CompetitionNewberry Nursing Grads Repeat on 100% NCLEX-RN first-time passage rateMarch 18, 2019The Newberry College Department of Nursing announced that its fall 2018 graduates have achieved a 100 percent first-time passage rate on the NCLEX-RN exam, the second consecutive Newberry NursingNewberry College Launches Health Science MajorFebruary 11, 2019Newberry College has added a bachelor of science in Health Science major to its programs of study. The new major offers a versatile, broad-based program of study without the rigid course progressionNEWBERRY RETOOLS COMMUNICATIONS MAJOR TO INCLUDE SPORTS COMMUNICATIONS CONCENTRATIONFebruary 11, 2019Newberry College recently approved four academic concentrations for its Communications major. Beginning in the Fall 2019 semester, students majoring in Communications can choose Journalism, Broadcasting, Public Relations and Advertising or Sports Communications as focus areas for their studies.Newberry College Professor Recognized by State Respiratory Therapy OrganizationAugust 10, 2018Dr. Jerry Alewine, chair of Newberry College's Department of Respiratory Therapy, has been named the 2018 Leadership Practitioner of the Year by the South Carolina Society for Respiratory Care 7474312 1572138 Student ServicesAt Newberry College, learning takes place both inside and outside the classroom. No matter where you are -- on-campus, in-town, or off-the-beaten path, you'll exchange ideas and build relationships with faculty, students, and community members alike. You'll discover the "classroom" extends far beyond ivy-covered walls to the greater Newberry community, region, and world. Live, learn, play, and get a whole life education at Newberry. The Office of Residence Life encourages community and individual growth through effective residential programming and community involvement. We strive to create an environment that you call home and a community that feels like a family. We believe this residential culture is imperative to our mission and an important part of your learning process. We support you by providing everything you need to be successful including academic assistance, career guidance, health care, development, community service involvement, and academic excellence. Greek organizations are governed by their respective councils; IFC, NPC, and NPHC.NOTEWORTHY:Luke Gibson has been named the South Atlantic Conference Scholar-Athlete for men's basketball. Newberry's first-ever Academic All-American in men's basketball becomes fourth Newberry men's basketball player to earn the award in the last five years. The prestigious honor equally weighs athletic achievement with academic success and community service.Newberry Launches Esports for Intercollegiate CompetitionJanuary 9, 2019Competitive gaming, otherwise known as esports, will launch at Newberry College as an intercollegiate scholarship sport for the 2019-2020 season.NEWBERRY HOSTS DEDICATION CEREMONY FOR NEW RESIDENCE HALLNovember 3, 2018Newberry College hosted the dedication ceremony for Pearson Hall, the College's newly constructed residence hall, on Saturday, Nov. 3, at 10:30 a.m. The building is named in honor of the late Wayne Pearson, a 1971 Newberry College alumnus, and his wife, Patricia. 6825663 10571020 Auxiliary EnterprisesYour dining experience is more than great food. It is community experience centered on culinary expertise, fresh ingredients, healthy options and a shared sense of environmental and social responsibility. Our team is committed to creating the best possible dining experience. Join us to experience the comfort, convenience, outstanding food and inviting atmosphere designed especially for you. 154486 Public ServiceNOTEWORTHY:Newberry College Professor Elected to Old Exchange Building CommissionFebruary 23, 2019Dr. J. Tracy Power, assistant professor of history and director of the Newberry College Archives, has been elected by the General Assembly to serve on the Old Exchange Building Commission.Newberry College President Named to NECU Executive CommitteeFebruary 19, 2019Newberry College President Dr. Maurice W. Scherrens has been elected to the executive committee of the board of directors for the Network of ELCA Colleges and Universities (NECU).RETAIN Hosts Conference for Newberry Alumni TeachersFebruary 12, 2019The RETAIN Center of Excellence Mentoring and Induction Teachers will host the 2019 Coming Home Conference for Newberry College Teacher Education alumni on Saturday, Feb. 25, at the Center for Teacher Excellence.Newberry College Hosts Black History Month Event SeriesFebruary 7, 2019Newberry College will mark Black History Month throughout February with a series of events to celebrate important people and events in the history of African-Americans and the African diaspora. 154486 39421644 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 1 0 1 0 0 1 1 0 0 0 1 1 0 0 0 0 1 0 1 1 1 0 0 0 0 1 0 0 0 1 1628 0 1 540 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 23 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 SC X Anissa Truesdale 8032765010 2100 College Street Newberry SC 29108 Mr Robert Best Board Chair 10.00 1.00 X X 0 0 0 Mr Hugo A Hap Pearce II Board Chair (Part Year) 10.00 1.00 X X 0 0 0 Mr Eric Wells Board Vice Chair 5.00 X X 0 0 0 Dr Lenna Young Secretary 8.00 X X 0 0 0 Mr Fred B Johnston Secretary (Part Year) 8.00 X X 0 0 0 Mr Jon Hart Treasurer 5.00 X X 0 0 0 Mr Joel Carter Trustee 5.00 X 0 0 0 Dr Joe Blair Trey Castles Trustee 5.00 X 0 0 0 Mr James P Coggins Trustee 5.00 X 0 0 0 Ms Barbara L Davis Trustee 5.00 2.00 X 0 0 0 Mr Larry Dibiase Trustee 5.00 X 0 0 0 Mr Eddie Havird Trustee 5.00 X 0 0 0 Mr Robert James Trustee 5.00 X 0 0 0 Ms Barbara Hartley Carey Trustee 5.00 2.00 X 0 0 0 Mr Frank Snyder Trustee 5.00 1.00 X 0 0 0 Mr Kevin Steelman Trustee 5.00 X 0 0 0 Mr Wililam Steen Trustee 5.00 X 0 0 0 Mr Joe Trainor Trustee/Exe Comm at Large 5.00 X 0 0 0 Mr Brian Shealy Trustee/Athletic Club Rep 5.00 X 0 0 0 Ms Misty West Trustee 5.00 X 0 0 0 Dr Mark Wilhelm Trustee 5.00 X 0 0 0 The Rev Herman R Yoos III Trustee 5.00 X 0 0 0 Ms Jean Haggard Trustee 5.00 2.00 X 0 0 0 Jeanette Davis Trustee 5.00 X 0 0 0 Ms Joyce R Carter Trustee 5.00 X 0 0 0 Maurice Scherrens President 37.50 1.00 X 251500 0 42260 Kathy Worster VP Admin Affairs & CFO 37.50 X 142796 0 7450 James Scott Joyner VP Institutional Advanceme 37.50 2.00 X 131181 0 22967 Sidney H Parrish VPAA & Dean of College 37.50 X 113779 0 12995 Timothy Elston VPAA & Dean of College 37.50 X 109612 0 12849 Betsy McDowell Department Chair Nursing 37.50 X 101819 0 10877 Ralph Patterson Athletic Director 37.50 X 100867 0 4755 951554 0 114153 7 0 1 0 Sodexo 2100 College Street Newberry SC 29108 Facilities Management 2535820 Aramark Services Inc PO Box 828441 Philadelphia PA 19182 Food Services 1929424 Net 3 Technology 105 N Spring St Suite 100 Greenville SC 29601 Information Technology Services 436002 Palmetto Health 293 Greystone Blvd Columbia SC 29210 Athletic Training 175540 Allied Barton 161 Washington Street Suite 600 Conshohocken PA 19428 Security 152707 8 41921 136043 4313112 378289 4491076 Tuition and fees 611310 30861879 30861879 Auxiliary enterprises 611310 10571020 10571020 Student services 611310 1572138 1572138 43005037 467969 467969 121669 105117 16552 16552 16552 673523 444905 228618 228618 228618 11032 41921 16656 -5624 -5624 48203628 43005037 0 707515 X 16747610 16747610 447362 447362 246400 120108 118880 7412 10033722 8264982 1258465 510275 274944 234473 26069 14402 1297190 1025988 208184 63018 788891 620128 130477 38286 37598 37598 84586 84586 25836 25836 150907 150907 5462486 3972136 1405559 84791 43933 32398 11535 504619 361794 96050 46775 1739317 787556 947543 4218 3538407 2996352 522139 19916 568913 547437 20548 928 46200 42612 159 3429 1284623 1101529 175774 7320 1315435 1113426 194610 7399 689278 404444 284834 Provision for Bad Debt 585162 585162 Athletic Expenses 583187 583187 Dues and Organizational 261299 166480 67638 27181 Production of Events 204361 182750 9408 12203 451518 116254 287904 47360 47413784 39421644 7059856 932284 X 2488129 2201668 9009 268454 864510 1916572 470123 392393 549472 190020 73175354 43062882 29855311 30112472 14620827 15927162 3414374 2684334 1137071 970273 1958624 1973945 55367450 56637293 2152717 2192446 137184 252540 171700 83319 28742357 29064479 1573721 1461624 755261 724180 33532940 33778588 X 7760773 7890603 14073737 14968102 21834510 22858705 55367450 56637293 X 789844 239031 -4680 X X 0 1 X 1 1 1 X 3529673 2648707 2769085 3081132 4491076 16519673 3529673 2648707 2769085 3081132 4491076 16519673 1210157 15309516 567117 423524 632866 457297 589638 2670442 19628 3571 4498 5174 11032 43903 19234018 191334631 0.79600 0.77710 X Schedule A, Part II, Line 10, Explanation of Other Income: Fundraising event income - 2014 Amount: $ 19,628. 2015 Amount: $ 3,571. 2016 Amount: $ 4,498. 2017 Amount: $ 5,174. 2018 Amount: $ 11,032. 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 20000 1515216 X X 0 15435592 837774 795161 1024188 16044339 13922087 1441795 1046950 975240 15435592 12786401 742014 1446603 1052931 13922087 14102044 358666 -613338 1060971 12786401 15126598 649786 450738 700894 1424184 14102044 0.29050 0.70950 0 0 2039332 2039332 54017715 27422825 26594890 13949221 13202067 747154 3169086 2437990 731096 30112472 U.S. government loan funds refundable 652342 Capital lease obligation 71838 724180 31661235 239031 121773 360804 31300431 150907 16752290 16903197 48203628 30637040 121773 121773 30515267 150907 16747610 16898517 47413784 Part III, Line 4: The Newberry College Archives-in the process of transforming a part-time effort into a formal records repository, research library, and outreach effort benefitting internal and external stakeholders-documents the history of the college, appraising, collecting, organizing, describing, and preserving records and other items of permanent institutional value; provides research assistance to administrators, faculty, staff, students, alumni, and the public; and interprets the history of Newberry College to the college community and the public. Preserving and interpreting the college's 160-year record of preparing students in the Lutheran liberal arts tradition for intellectual and personal development, meaningful vocation, and engaged citizenship makes a significant contribution to the institution's mission and helps shape its identity. Newberry College's Special Collections represent approximately 3,500 rare and unique print items donated to the library since its inception. The items represent historic assets as well as materials preserved by the library because of their scarcity, value or fragile condition. Like the archives, Newberry College's Special Collections represent the activities undertaken by the College throughout its history. Part V, Line 4: The College's endowments consist of approximately 456 individual funds established for a variety of purposes as a result of donor contributions. 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, Schedule D has 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 Part XI, Line 2d - Other Adjustments: Rental Expenses 105,117. Fundraising Event Expenses 16,656. Part XI, Line 4b - Other Adjustments: Tuition Scholarships 16,747,610. Change in Value of Perpetual Trusts 4,680. Part XII, Line 2d - Other Adjustments: Rental Expenses 105,117. Fundraising Event Expenses 16,656. Part XII, Line 4b - Other Adjustments: Tuition Scholarships 16,747,610. 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 College utilizes the Federal Supplemental Educational Opportunity Grant, Federal Direct Loans, Federal Pell Grants, Federal Work Study, Federal Perkins Loan, and TEACH Grants. The College has received the National Science Foundation Grant for Education and Human Resources. Lastly, the College has loans through the USDA: Community Facility Direct Loan, Community Facility Guaranteed Loan, and the Business and Industry Guaranteed Loan. Central America and the Caribbean 0 1 Program services Mission trip 14995 0 1 0 0 0 1 14995 0 14995 0 0 0 0 0 0 Part I, line 3: The organization tracked expenditures in accordance with accrual basis of accounting. X X X X X X X 1 Jim Hale 2005 College Street Newberry SC 29108 Planned Giving 0 0 15836 -15836 Ballentine Consulting Partners PO Box 2585 Davidson NC 28036 Consulting 0 0 10000 -10000 25836 -25836 SC Golf Tournament 26220 20388 5832 1814 2697 413 1047 Night with the Stars 15092 11761 3331 396 2935 2000 1435 1 11641 9772 1869 1700 1869 350 52953 41921 11032 1700 2210 2697 5217 2350 2482 16656 -5624 Schedule G, Part I, Line 2b, column (iv): The professional fundraising services were consulting in nature. Therefore, no gross receipts were directly generated from the services provided. 1 Scholarships 1278 16747610 Part I, Line 2: Awarded grants and scholarships are directly credited against the student's tuition balance; no cash changes hands. The Financial Aid Office tracks the amounts awarded and periodically runs reports to check for changes in eligibility for all outside grants or scholarships. X X 1 1 X 0 0 0 0 0 0 0 0 0 Maurice Scherrens President 251500 0 0 0 0 0 12500 0 30589 0 294589 0 0 0 Kathy Worster VP Admin Affairs & CFO 142796 0 0 0 0 0 7095 0 953 0 150844 0 0 0 James Scott Joyner VP Institutional Advanceme 131181 0 0 0 0 0 6965 0 16747 0 154893 0 0 0 Part I, Line 1a Housing Allowance & Personal Services: As a condition of employment, and as a convenience to the University, the President is provided a home on University grounds. The University also provides grounds care and housekeeping for the home since the President hosts functions for the University at his home. The home is provided as a nontaxable benefit to the President. 7687 Academic Scholarship Education Sandra J Scherrens Family member of Maurice Scherrens, President 45000 Compensation 0 Oakland Mill Master Tenant LLC Entity more than 35% owned by Misty West, Trustee of organization 1029600 Rental of facilities 0 Oakland Mill Master Tenant LLC Entity more than 35% owned by Misty West, Trustee of organization 186350 Management fees 0 Schedule L, Part IV, Business Transactions with Interested Persons: Oakland Mill Master Tenant is 100% owned by Misty West and family members. X 20000 Experts X 4 62116 Stock price at donation X 2 278370 Appraised value X Equipment/gifts 7 8083 Cost X Athletic supplies 1 7194 Cost X Other 1 2526 Cost 0 0 1 1 Part I, Column (b): The number of contributions represent the number of contributions received, not the number of items donated. Part I, Line 32b: Real Estate agents to sell property Form 990, Part VI, Section A, line 1 The Executive Committee shall have six (6) members, all of whom shall be voting Trustees, except for the President who shall be ex officio without vote and not counted as part of a quorum for the purpose of transacting business. The Chair, Vice Chair, Secretary and Treasurer of the Board of Trustees shall be members. The purpose of the Executive Committee is twofold: 1) It shall serve at the pleasure of the Board as its agent, to address the business of the Board between Board meetings; and 2) It shall assist the Chair and the President in their joint responsibility to help the Board to function effectively and efficiently by suggesting Board meeting agenda items and periodically assessing the quality of Board Committees work. The Executive Committee shall have authority to act for the Board of Trustees on all matters except for the following which shall be reserved for the Board: presidential selection and termination; Trustee and Board officer selection; changes in institutional mission and purposes; changes to the Charter, Constitution or these Bylaws; incurring of corporate indebtedness; sale of College assets or tangible property; adoption of the annual budget; and conferral of degrees. These Bylaws or other Board policy may reserve other powers for the Board of Trustees. In addition to its authority to take action on emergency matters which cannot or should not be deferred to the Board's next scheduled meeting, the Executive Committee shall oversee the work of Board Committees, the College's planning process or progress on planning goals, the Board's responsibility to support the President and assess his or her performance, and review annually the President's compensation and conditions of employment. 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 The organization requires all officers and board members to annually complete and sign a conflict of interest questionnaire. The Chairman of the Board of Trustees, President, CFO, Vice Chairman of the Board of Trustees, and Treasury of the Board of Trustees are responsible for reviewing 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 independent Board of Trustees determines the compensation for the President. The approval process is documented. The President sets the compensation for the other officers and informs the Board of the compensation. He is independent. Form 990, Part VI, Section C, line 19 The College's bylaws, constitution, and conflict of interest policy are made available to the public upon request. The financial statements are not made available to the public. Form 990, Part IX, line 11g Food services: Program service expenses 2,340,280. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,340,280. Security: Program service expenses 125,987. Management and general expenses 0. Fundraising expenses 0. Total expenses 125,987. Other services: Program service expenses 173,425. Management and general expenses 351,598. Fundraising expenses 84,791. Total expenses 609,814. Sports medicine contract: Program service expenses 175,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 175,000. Student services: Program service expenses 0. Management and general expenses 1,053,961. Fundraising expenses 0. Total expenses 1,053,961. Facilities: Program service expenses 1,157,444. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,157,444. 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 $ 7,890,603 Line 29 - Net assets with donor restrictions 14,968,102 Total net assets $22,858,705 Form 990, Part XI, line 9: Change in value of perpetual trusts -4,680. 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. Newberry College Foundation Inc 2100 College Street Newberry SC 29108 576026382 To support the mission of the College SC 501(c)(3) Line 12a, I Newberry College 0 Perpetual trusts (3) Trust SC Newberry College 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 Newberry College Foundation Inc K