2019-03-21T09:54:07-05:00 2018-06-30 BKD LLP 1551 N WATERFRONT PKWY STE 300 WICHITA KS 672066601 990 2017-07-01 480547702 FRIENDS UNIVERSITY % VERNON DOLEZAL FRIE 3162955000 2100 W UNIVERSITY AVENUE WICHITA KS 672133379 VERNON DOLEZAL VP OF FINANCE 2018-11-15 true SHAWNELL LINOT P01663908 3162652811 99.74.235.129 48010220190805000000 2019-03-21 P 1E18B200E692A862BC78DEF5BEBFB82C16DD5F39 317467770C39898C40CA0978F91E18CC850C4BAF 2017 2019-02-21 02:37:17Z DR AMY BRAGG CAREY 2100 W UNIVERSITY AVENUE WICHITA KS 672133379 44501132 false X WWW.FRIENDS.EDU X 1898 KS FRIENDS UNIVERSITY, A CHRISTIAN UNIVERSITY OF QUAKER HERITAGE, EQUIPS STUDENTS TO HONOR GOD AND SERVE OTHERS. 21 20 986 50 37822 35349 3958376 4225848 31317823 32239490 1347031 2016339 325928 407599 36949158 38889276 10237655 10785331 0 0 16379959 16860491 0 0 502751 11740147 11679037 38357761 39324859 -1408603 -435583 111854427 112606030 13406573 12810144 98447854 99795886 X FRIENDS UNIVERSITY, A CHRISTIAN UNIVERSITY OF QUAKER HERITAGE, EQUIPS STUDENTS TO HONOR GOD AND SERVE OTHERS BY INTEGRATING THEIR INTELLECTUAL, SPIRITUAL AND PROFESSIONAL LIVES. false false 3763914 0 2867728 THE COLLEGE OF ADULT AND PROFESSIONAL STUDIES PROVIDES UNDERGRADUATE PROGRAMS DESIGNED FOR BUSY ADULTS. THE COLLEGE IS COMMITTED TO PROVIDING ACADEMIC EXCELLENCE FOR A DIVERSE COMMUNITY OF LIFELONG LEARNERS. UNDERGRADUATE STUDENTS ARE ADMITTED BASED ON THEIR POTENTIAL FOR ACHIEVING ACADEMIC SUCCESS. 6120077 0 6035131 THE MISSION OF THE GRADUATE COLLEGE IS TO PROVIDE A HIGH-QUALITY LEARNING ENVIRONMENT FOR STUDENTS SEEKING PROFESSIONAL GRADUATE EDUCATION. 25957132 10711709 23038573 THE COLLEGE OF BUSINESS, ARTS, SCIENCES AND EDUCATION IS THE TRADITIONAL UNDERGRADUATE LIBERAL ARTS COLLEGE. STUDENTS RECEIVE A BROAD-BASED EDUCATION AND ARE GIVEN OPPORTUNITIES TO APPLY THEIR EDUCATION AND INTEGRATE THAT EDUCATION BEYOND THE CLASSROOM THROUGH INTERNSHIPS, RESEARCH PROJECTS, STUDY ABROAD, PARTICIPATION IN ATHLETICS OR PERFORMING ARTS AND IN STUDENT ORGANIZATIONS. ORGANIZATIONS. 436153 298058 MISCELLANEOUS 436153 298058 36277276 true true false false false false false true false true true false false true true false true false true false true false false false true false false false true true false false false false true false false false false false false false false true false false false true 107 0 true 986 true true true false false false false false false false false false X 21 20 false false false false false false false true true false true true true true true true true true true false false X VERNON DOLEZAL 3162955679 2100 W UNIVERSITY AVENUE WICHITA KS 67213 X DR AMY CAREY PRESIDENT 50.0 0.0 X X 246312 0 52935 DR JOHN LEWIS CHAIR 10.0 0.0 X X 0 0 0 DR DENIS KNIGHT VICE CHAIR 5.0 0.0 X X 0 0 0 CRAIG BAY TREASURER 5.0 0.0 X X 0 0 0 LYNN GHORMLEY SECRETARY 5.0 0.0 X X 0 0 0 MICHAEL BANKSTON TRUSTEE 1.0 0.0 X 0 0 0 ROBERT CASPER TRUSTEE 1.0 0.0 X 0 0 0 DAVID DEPEW TRUSTEE 1.0 0.0 X 0 0 0 KIMBERLY DUGGER ATTWATER TRUSTEE 1.0 0.0 X 0 0 0 BRADLEY HADDOCK TRUSTEE 1.0 0.0 X 0 0 0 LEATHA HEIN TRUSTEE 1.0 0.0 X 0 0 0 KEVIN HENDERSON TRUSTEE 1.0 0.0 X 0 0 0 DR KEVIN HOPPOCK TRUSTEE 1.0 0.0 X 0 0 0 DR JACE HYDER TRUSTEE 1.0 0.0 X 0 0 0 KELLY LINNENS TRUSTEE 1.0 0.0 X 0 0 0 PAUL MOORE TRUSTEE 1.0 0.0 X 0 0 0 JANA MULLEN TRUSTEE 1.0 0.0 X 0 0 0 JAMES NAGY TRUSTEE 1.0 0.0 X 0 0 0 JEFF RAMSEY TRUSTEE 1.0 0.0 X 0 0 0 RENAE RYAN TRUSTEE 1.0 0.0 X 0 0 0 DR DAVID WILLIAMS TRUSTEE 1.0 0.0 X 0 0 0 JASPER LESAGE VP, ACADEMIC AFFAIRS 50.0 0.0 X 152873 0 8665 MARSHA BEWERSDORF VP, FINANCE 50.0 0.0 X 132993 0 46533 VERNON DOLEZAL VP, FINANCE 50.0 0.0 X 0 0 0 DAVID HOFMEISTER DEAN, CAPS & GRAD 50.0 0.0 X 122870 0 18282 CAROLE OBERMEYER VP, STUDENT AFFAIRS 50.0 0.0 X 139826 0 15582 KELLEY WILLIAMS VP, HR & ADMIN 50.0 0.0 X 140068 0 13811 KEN FAFFLER VP, ENROLLMENT MANAGEMENT 50.0 0.0 X 119265 0 24563 1054207 0 180371 7 false true false JPMORGAN CHASE 270 PARK AVENUE NEW YORK NY 10017 CREDIT CARD PROCESSO 1229363 SODEXO PO BOX 70060 CHICAGO IL 60673 FOOD SERVICE MGMT 952421 MIT CLEANING RESTORATION LLC 1235 S WASHINGTON WICHITA KS 67211 CLEANING 429690 THE LEARNING HOUSE 427 S 4TH ST STE 300 LOUISVILLE KY 40202 LEARNING MGMT SYSTEM 370703 STRATA INFORMATION GROUP 3935 HARNEY ST STE 203 SAN DIEGO CA 621102849 SOFTWARE CONSULTING 187634 18 60475 135062 4030311 4225848 TUITION & FEES 611600 29168369 29168369 AUXILIARY 611710 2764231 2764231 SALES & SERVICES 900099 191643 191643 OTHER PROGRAM SERVICE REVENUE 900099 115247 115247 32239490 2054078 2054078 0 81688 81688 123004 13052 109952 0 109952 37822 72130 5321822 197555 5190450 366666 131372 -169111 -37739 -37739 0 60475 19884 -19884 -19884 0 0 0 63848 21804 42044 42044 CHANNEL LEASE REVENUE 900099 176800 176800 VENDING REVENUE 900099 16999 16999 193799 38889276 32281534 37822 2344072 0 10785331 10785331 0 0 632741 632741 0 12972764 12263869 368996 339899 361569 348857 1867 10845 1932461 1803771 72615 56075 960956 863567 70543 26846 0 65231 65231 58221 58221 0 0 206629 206629 1786582 1661027 113898 11657 665622 598830 59242 7550 979558 777888 190898 10772 493953 445112 48841 0 2342544 2064052 278451 41 630521 531266 89201 10054 0 56490 36652 15933 3905 279150 251235 27915 0 1729136 1556222 172914 262086 235877 26209 STUDENT BOARD PLAN 807388 807388 PUBLICATIONS & SUBSCRIPTIONS 152500 151034 1380 86 DUES 167702 154329 11189 2184 REPAIRS & MAINTENANCE 70342 66287 4055 925382 874682 27863 22837 39324859 36277276 2544832 502751 2125 2102 7618443 1264800 290000 390000 4242314 4173222 0 0 0 0 0 0 0 0 0 0 80844777 37364066 45010632 43480711 45382238 51473588 2383861 4992069 0 0 0 0 6924814 6829538 111854427 112606030 1606763 1057871 0 0 748173 740035 0 0 0 0 0 0 0 0 8532000 8634881 2519637 2377357 13406573 12810144 X 56249323 53924085 2567968 4212363 39630563 41659438 98447854 99795886 111854427 112606030 X -435583 1674311 109304 X false true X true true true X 750 X X false 49064558 1878402 3068160 1425774 755647 51829699 43133678 2661166 5237461 1319763 647984 49064558 45765000 745439 -1359561 1238119 779081 43133678 48217000 217000 -732000 1866264 70736 45765000 44688000 214000 5264000 1877340 71660 48217000 0.27200 0.67000 0.05800 false false 2148031 2148031 58223020 20877136 37345884 14905747 12054753 2850994 5567979 4432177 1135802 43480711 CASH VALUE OF LIFE INSURANCE 259856 ART 750 OTHER ASSETS 121353 INTEREST IN PERPETUAL TRUST 6204376 MINERAL INTERESTS 243203 6829538 0 ANNUITIES PAYABLE 123893 REFUNDABLE GOV. LOAN PROGRAMS 1826160 OTHER LIABILITIES 322527 TRIP DEPOSITS 104777 2377357 29692052 1674311 164044 1838355 27853697 206624 10828955 11035579 38889276 28344020 54740 54740 28289280 206624 10828955 11035579 39324859 SCHEDULE D, PART III, LINE 4 THE BLOOMFIELD ART COLLECTION WAS GIFTED TO THE UNIVERSITY MANY YEARS AGO. THE SMALL EXHIBIT CONSISTS OF 15TH AND 16TH CENTURY ART. IT IS NOT REFLECTED ON THE FINANCIAL STATEMENTS AS A COLLECTION BECAUSE IT IS CONSIDERED IMMATERIAL. THE ART COLLECTION IS REFLECTED IN THE PLANT FUND OTHER ASSETS, VALUE $328,800. PIECES FROM THE COLLECTION ARE PERIODICALLY DISPLAYED IN THE RINEY FINE ARTS BUILDING ART GALLERY/ LOBBY. MOST OF THE COLLECTION WAS AUCTIONED OFF IN FY18. THERE WAS A LOSS OF $130,496. $750 REMAINS ON THE BOOKS AS AN ASSET. SCHEDULE D, PART V, LINE 4 TO FURTHER STUDENT'S EDUCATION BY MEETING THEIR FINANCIAL NEEDS AT THE REQUEST OF THE DONOR(S). SCHEDULE D, PART X, LINE 2 THE UNIVERSITY IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)3 OF THE INTERNAL REVENUE CODE AND A SIMILAR PROVISION OF STATE LAW. THE UNIVERSITY ANNUALLY EVALUATES TAX POSITIONS TAKEN WITH REGARD TO UNRELATED BUSINESS INCOME, RELATED DEDUCTIONS APPLIES, OR OTHER ACTIVITIES THAT MAY JEOPARDIZE ITS TAX EXEMPT STATUS AND THUS WOULD MEET THE DEFINITION OF AN UNCERTAIN TAX POSITION. THE UNIVERSITY RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF A TAX POSITION ONLY AFTER DETERMINING THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. THE UNIVERSITY HAS CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. SCHEDULE D, PART XI, LINE 2D RENTAL EXPENSES 13,052 FUNDRAISING EXPENSES 19,884 COGS FOR INVENTORY 21,804 STUDENT LOANS 109,304 ---------- 164,044 SCHEDULE D, PART XI, LINE 4B SCHOLARSHIPS 10,828,955 SCHEDULE D, PART XII, LINE 2D RENTAL EXPENSES 13,052 FUNDRAISING EXPENSES 19,884 COGS FOR INVENTORY 21,804 ---------- 54,740 SCHEDULE D, PART XII, LINE 4B SCHOLARSHIPS 10,828,955 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 THE UNIVERSITY'S NONDISCRIMINATION STATEMENT APPEARS ON ALL PRINT ADVERTISEMENTS, INCLUDING NEWSPAPER, MAGAZINE ADS, CHAMBER ADS AND DIRECTORIES, DIRECT MAIL, BROCHURES, COLLATERAL, FLYERS, LANDING PAGES, AND EMAIL ADVERTISING. THE NONDISCRIMINATION STATEMENT READS, FRIENDS UNIVERSITY DOES NOT DISCRIMINATE AGAINST ACADEMICALLY QUALIFIED STUDENTS ON THE BASIS OF RACE, COLOR, NATIONAL OR ETHNIC ORIGIN, SEX, DISABILITY OR AGE IN ITS PROGRAM ACTIVITIES. THE NONDISCRIMINATION STATEMENT IS NOT EXPRESSLY STATED IN OUR RADIO ADS, BILLBOARDS, OR WEBSITE BANNER ADS. THE FOLLOWING PERSON HAS BEEN DESIGNATED TO HANDLE INQUIRIES REGARDING THIS POLICY: EEOC/TITLE IX COORDINATOR, FRIENDS UNIVERSITY, 2100 W UNIVERSITY AVE. WICHITA, KS 67213, (316) 295-5000. SCHEDULE E, PART I, LINE 6A FRIENDS UNIVERSITY RECEIVES PASS-THROUGH FINANCIAL AID FROM PELL, SEOG, PERKINS, AND DIRECT LENDING. THIS AID IS RECEIVED AND DISBURSED TO THE STUDENT ACCOUNT TO DEFER TUITION, FEES, HOUSING, AND OTHER CHARGES. EXCESS AID IS REFUNDED TO THE STUDENT. true Europe (Including Iceland and Greenland) Program Services STUDENT STUDY ABROAD 68807 SUB-SAHARAN AFRICA Program Services STUDENT STUDY ABROAD 34279 North America Program Services STUDENT STUDY ABROAD 22932 Central America and the Caribbean Investments 4952601 5078619 5078619 false false false false false false SCHEDULE F, PART I, LINE 2 THERE ARE NO GRANT FUNDS OUTSIDE OF THE UNITED STATES. PHONATHON 60475 60475 19884 0 60475 60475 19884 19884 -19884 true ACADEMIC SCHOLARSHIPS 779 6023870 ATHLETIC SCHOLARSHIPS 436 2167313 INSTITUTIONAL ENDOWED SCHOLARSHIPS 41 99926 INSTITUTIONAL FINE ARTS SCHOLARSHIPS 244 799281 INSTITUTIONAL GRANTS 139 501427 INSTITUTIONAL RESTRICTED SCHOLARSHIPS 82 118275 OTHER INSTITUTIONAL SCHOLARSHIP / WAIVERS 296 1075239 SCHEDULE I, PART I, LINE 2 THE USE OF GRANT FUNDS ARE MONITORED THROUGH THE PRACTICE OF DIRECTLY APPLYING SCHOLARSHIP FUNDS TO THE STUDENT ACCOUNT AT THE UNIVERSITY TO OFFSET TUITION AND FEES. X X X true true X X X X X X false false false false false false false false false DR AMY CAREY PRESIDENT 244390 0 0 0 1922 0 12200 0 40735 0 299247 0 0 0 JASPER LESAGE VP, ACADEMIC AFFAIRS 150909 0 0 0 1964 0 7580 0 1085 0 161538 0 0 0 CAROLE OBERMEYER VP, STUDENT AFFAIRS 138404 0 0 0 1422 0 7000 0 8582 0 155408 0 0 0 KELLEY WILLIAMS VP, HR & ADMIN 139554 0 0 0 514 0 7000 0 6811 0 153879 0 0 0 MARSHA BEWERSDORF VP, FINANCE 132790 0 0 0 203 0 6750 0 39783 0 179526 0 0 0 SCHEDULE J, PART I, LINE 1A TRAVEL FOR COMPANIONS: THE COLLEGE PROVIDED TRAVEL EXPENSES FOR THE PRESIDENT'S SPOUSE TO EVENTS THROUGHOUT THE YEAR. THESE ITEMS ARE NOT REPORTED ON A W-2 AS LONG AS THERE IS A BONAFIDE BUSINESS PURPOSE FOR THE SPOUSE TO PARTICIPATE IN THE EVENT. SCHEDULE J, PART I, LINE 1A THE UNIVERSITY PRESIDENT IS REQUIRED BY CONTRACT TO LIVE IN A UNIVERSITY-PROVIDED HOUSE ADJACENT TO CAMPUS. THE HOUSING ALLOWANCE BENEFIT IS NOT CONSIDERED TAXABLE TO THE PRESIDENT. SCHEDULE J, PART I, LINE 1A THE UNIVERSITY PAID ONE CLUB MEMBERSHIP FOR THE PRESIDENT; PORTIONS OF USE ARE CONSIDERED TAXABLE AND REPORTED AS INCOME ON THE PRESIDENT'S FORM W-2. DISCLOSURE NOT REQUIRED DISCLOSURE NOT REQUIRED 36885 TUITION REMISSION FINANCIAL AID FORM 990, PART VI, LINE 1A THE UNIVERSITY'S BYLAWS ESTABLISH AN EXECUTIVE COMMITTEE CONSISTING OF SEVEN MEMBERS, INCLUDING THE CHAIR, VICE CHAIR, SECRETARY, AND TREASURER OF THE BOARD OF TRUSTEES, THE PRESIDENT OF THE UNIVERSITY, AND TWO AT-LARGE TRUSTEES. 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; BOARD TRUSTEE AND OFFICER ELECTION; CHANGES IN INSTITUTIONAL MISSION AND PURPOSES; CHANGES TO THE ARTICLES OF INCORPORATION; ADOPTION OF THE ANNUAL BUDGET; AND CONFERRAL OF DEGREES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY ADMINISTRATION PERSONNEL FOR ACCURACY AND COMPLETENESS. THE AUDIT/ FINANCE COMMITTEE OF THE BOARD REVIEWS THE FORM 990 BEFORE FILING WITH THE IRS. THE DATA IS CONSIDERED, RELATIVE TO PRIOR YEAR AND CURRENT YEAR FINANCIAL STATEMENTS. AFTER THE AUDIT/ FINANCE COMMITTEE REVIEW THE FORM 990, IT IS THEN MADE AVAILABLE TO THE FULL BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST FORMS ARE PROVIDED TO BOARD MEMBERS AND KEY EMPLOYEES IN OCTOBER OF EVERY YEAR. A SUMMARY IS COMPILED AND SENT VIA EMAIL TO THE BOARD CHAIR FOR REVIEW AT THE NEXT BOARD MEETING. THE COMPENSATION AND CONFLICTS COMMITTEE IDENTIFIES, ON AN ANNUAL BASIS, A LIST OF PERSONS HAVING A CONFLICT. ALL INTERESTED PERSONS ARE INFORMED THAT THEY SHOULD REPORT ANY CONFLICT THAT ARISES IN THE INTERIM. IF A CONFLICT ARISES, THE PERSON HAVING THE CONFLICT SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE MATTER IS DISCUSSED AND BE PROHIBITED FROM VOTING ON THE MATTER. IF A BOARD MEMBER WERE FOUND TO HAVE A CONFLICT OF INTEREST, THE ISSUE WOULD BE RAISED TO THE BOARD CHAIRMAN BY THE PRESIDENT. SHOULD THE CONFLICT OF INTEREST REQUIRE AN EXECUTIVE COMMITTEE OR BOARD VOTE TO RESOLVE, THOSE CONCERNED SHALL NOT BE PRESENT AT THE TIME OF THE VOTE. FORM 990, PART VI, SECTION B, LINE 15A & 15B THE COMPENSATION AND CONFLICTS COMMITTEE IS RESPONSIBLE FOR REVIEWING EXECUTIVE COMPENSATION AND PRESIDENTIAL EXPENSE ACCOUNTS. THE UNIVERSITY ANNUALLY PARTICIPATES IN SEVERAL NATIONALLY RECOGNIZED COMPENSATION SURVEYS WITH OTHER COLLEGES AND UNIVERSITIES. PAY FOR OFFICERS AND KEY EMPLOYEES IS IN ALIGNMENT WITH PAY AT OTHER PRIVATE UNIVERSITIES OF SIMILAR SIZE AND NATURE. MOST RECENT REVIEW WAS JUST PRIOR TO THE 10/21/17 RENEWAL OF THE PRESIDENT'S CONTRACT. COMPENSATION COMMITTEE IS CURRENTLY REVIEWING THE PRESIDENT'S 3 YR CONTRACT. ALL OTHERS ARE REVIEWED BY HUMAN RESOURCES AND THE PRESIDENT WITH THE SUPPORT OF THIRD PARTY RESOURCES FOR MARKET DATA. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. CHARITABLE REMAINDER TRUST (1) CHARITABLE TRUST KS FRIENDS UNI true false false false false false false false false false false false false false false false false false false true CHARITABLE REMAINDER TRUST S 124288 FMV