2019-05-14T13:47:34-05:00 2018-06-30 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 500 ORLANDO FL 32801 990 2017-07-01 586044761 POINT UNIVERSITY INC POIN 7063851000 507 WEST 10TH STREET WEST POINT GA 31833 ARTHUR B DANA CFO 7063851106 2019-05-14 1 AMY CHAPMAN P00843460 4078021200 2019-05-13 67.137.57.251 2019-05-14 12:17:40 ED P FDDE6E59ECAC1E5ABC0702B1D23036C1C3115FC1 D18C1715529234A212CBE61F6419471B1C972B41 2017 2019-02-21 02:37:17Z ARTHUR B DANA 507 WEST 10TH STREET WEST POINT GA 31833 39815793 0 X WWW.POINT.EDU X 1928 GA TO EDUCATE STUDENTS FOR CHRIST-CENTERED SERVICE AND LEADERSHIP THROUGHOUT THE WORLD. 19 19 653 19 -531074 -529652 12454958 15121734 25889801 23442847 164263 192682 816148 550634 39325170 39307897 11085450 11808298 0 0 12402916 11989156 0 0 1377094 15573958 13986296 39062324 37783750 262846 1524147 36179562 42823492 16979793 22956486 19199769 19867006 TO EDUCATE STUDENTS FOR CHRIST-CENTERED SERVICE AND LEADERSHIP THROUGHOUT THE WORLD. 0 0 31337667 11808298 24516897 POINT UNIVERSITY OFFERS ASSOCIATE DEGREE PROGRAMS, BACHELOR'S DEGREE PROGRAMS, MASTER'S DEGREE PROGRAMS, AND CERTIFICATE PROGRAMS IN THE ACADEMIC AREAS OF BIBLICAL STUDIES AND MINISTRY, BUSINESS AND LEADERSHIP, SOCIAL AND BEHAVIORAL SCIENCES AND HUMAN SERVICES, EDUCATION, HUMANITIES, MUSIC, BIOLOGY, AND EXERCISE AND HEALTH SCIENCES (NOT ALL ACADEMIC AREAS AT ALL LEVELS). OVER 2,000 STUDENTS ARE ENROLLED IN THE RESIDENTIAL PROGRAM AT WEST POINT, THE ONLINE PROGRAM, AND OFF-SITE LOCATIONS (PEACHTREE CITY AND SAVANNAH IN GEORGIA). 31337667 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 1 150 0 653 0 1 1 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 0 0 0 GA X ART DANA 7063851000 507 WEST 10TH STREET WEST POINT GA 31833 DAVID DEETER TRUSTEE, CHAIRMAN OF THE BOARD 1.00 X X 0 0 0 LARRY VIERLING DECEASED TRUSTEE, BOARD SECRETARY 1.00 X X 0 0 0 DR BILLY JOYCE FINE TRUSTEE 1.00 X 0 0 0 BOB JOHNSON TRUSTEE 1.00 X 0 0 0 CAM HUXFORD TRUSTEE 1.00 X 0 0 0 ANDREW CATHY TRUSTEE 1.00 X 0 0 0 J ROSS GREENE TRUSTEE 1.00 X 0 0 0 DR JIM SLODERBECK TRUSTEE 1.00 X 0 0 0 MARVIN BUSSEY TRUSTEE 1.00 X 0 0 0 PAUL LESLIE TRUSTEE 1.00 X 0 0 0 DR RALPH SWEARNGIN TRUSTEE 1.00 X 0 0 0 ROB RAYNOR TRUSTEE 1.00 X 0 0 0 BOB DAY TRUSTEE 1.00 X 0 0 0 DAVID MCDANIEL TRUSTEE 1.00 X 0 0 0 ANDRE KENNEBREW TRUSTEE 1.00 X 0 0 0 ART DANA CPA TRUSTEE (CFO STARTING 11/17) 1.00 X X 0 0 0 MIKE WAERS TRUSTEE, VICE CHAIRMAN 1.00 X X 0 0 0 ALAN STITH TRUSTEE 1.00 X 0 0 0 TONY COLLINS TRUSTEE, TREASURER 1.00 X X 0 0 0 DR DEAN C COLLINS PRESIDENT 40.00 X 187094 0 41575 WILBERT D HARRISON CHIEF ACEDEMIC OFFICER 40.00 X 101954 0 13567 STEPHEN T WEAVER FACULTY 40.00 X 122689 0 6275 ALAN E KEMPER FACULTY 40.00 X 105441 0 3674 517178 0 65091 4 0 1 0 SAGE DINING SERVICES INC 1402 YORK ROAD LUTHERVILLE MD 21093 FOOD SERVICE 999476 FOLLETT HIGHER EDUCATION GROUP INC 3146 SOLUTIONS CENTER CHICAGO IL 60677 CAMPUS BOOKSTORE 961937 BATSON-COOK COMPANY 817 FOURTH AVENUE PO BOX 151 WEST POINT GA 31833 CONSTRUCTION 590246 EAGLE CHRISTIAN TOURS PO BOX 512 ROME GA 30162 TRANSPORTATION 416146 NATIONAL MANAGEMENT RESOURCES CORPORATIO 113 CORPORATE PARK E CT LAGRANGE GA 30241 MAINTENANCE 395552 22 4970711 10151023 4417896 15121734 TUITION AND FEES 611710 20840232 20840232 AUXILIARY SERVICES 611710 3133689 3133689 GOLF COURSE SALES 713910 -531074 -531074 23442847 183773 183773 7658 0 7658 7658 7658 516805 507896 8909 8909 8909 MISCELLANEOUS REVENUE 900099 542976 542976 542976 39307897 24516897 -531074 200340 11808298 11808298 945393 457665 487728 9114868 8257524 303100 554244 1201685 955063 183497 63125 727210 666712 60498 972231 347868 478547 145816 61846 61846 346206 304276 41930 2477801 2124754 288207 64840 682601 682601 3455888 1665948 1657748 132192 557262 534159 9496 13607 1013576 754486 203626 55464 1525289 1135014 306728 83547 363517 32679 329563 1275 PURCHASES 866300 445816 240194 180290 COURSE EXPENSES 754462 753755 404 303 CONTRACTED SERVICES 444333 218378 225955 BAD DEBT 164923 164923 300061 192671 66929 40461 37783750 31337667 5068989 1377094 732511 1504832 6124928 5607511 3096460 5260168 55901 448550 529124 959660 40682962 11640191 25416694 29042771 223944 36179562 42823492 777821 2876022 132984 671405 15560531 18375896 508457 1033163 16979793 22956486 X 11827346 9613330 3466407 6319705 3906016 3933971 19199769 19867006 36179562 42823492 1524147 -1388 -855522 0 X X 0 1 X 1 1 1 X 6389860 8443918 7090330 12454958 15121734 49500800 6389860 8443918 7090330 12454958 15121734 49500800 6801898 42698902 129195 191131 199770 174513 191431 886040 42867 234463 440656 804728 542976 2065690 52452530 0.81400 0.61810 X 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 QUALIFIES TO USE THE FIRST LISTED SPECIAL RULE FOR SCHEDULE B REPORTING. SCHEDULE A, PART II, LINE 10, EXPLANATION FOR OTHER INCOME MISCELLANEOUS INCOME 2013: $ 42,867 2014: $ 233,173 2015: $ 440,656 2016: $ 330,042 2017: $ 542,976 4276413 27955 106164 4410532 4311675 24125 108000 167387 4276413 4169122 25867 116686 4311675 3998265 69786 122116 21045 4169122 3305716 569018 123531 3998265 0.89190 0.10810 0 0 5351007 5351007 17430523 1867243 15563280 2007132 1275833 731299 9558392 8497115 1061277 6335908 6335908 29042771 DEFERRED RENT 391911 CAPITAL LEASE OBLIGATIONS 641252 1033163 X PART V, LINE 4: THE FUNDS ARE INVESTED FOR THE PURPOSE OF GRANTING ANNUAL ACADEMIC SCHOLARSHIPS TO STUDENTS OF POINT UNIVERSITY IN PERPETUITY AND IN ACCORDANCE WITH DONOR STIPULATIONS. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE COLLEGE QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE UNIVERSITY IS SUBJECT TO FEDERAL INCOME TAX ONLY ON NET UNRELATED BUSINESS INCOME UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY HAS EVALUATED ITS TAX POSITIONS AND DETERMINED IT HAS NO UNCERTAIN TAX POSITIONS AND HAS NOT RECORDED ANY OBLIGATIONS FOR UNRELATED BUSINESS INCOME TAX. 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 COLLEGE ISSUES ITS CATALOG AND VIEWBOOKS FOR PUBLIC INSPECTION, BOTH DISCLOSE THE NONDISCRIMINATORY POLICY. THE SCHOOL DRAWS A SUBSTANTIAL PERCENTAGE OF STUDENTS NATIONWIDE AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES GOVERNMENTAL SUPPORT TO AID STUDENTS NEEDING EDUCATIONAL ASSISTANCE. MONIES ARE AWARDED THROUGH THREE FEDERAL PROGRAMS: PELL GRANT, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT, AND THE FEDERAL WORK STUDY. IN ADDITION THE UNIVERSITY RECEIVES STATE SUPPORT FOR STUDENTS NEEDING EDUCATIONAL ASSISTANCE. 1 OTHER SCHOLARSHIPS AND FINANCIAL AID 2000 11808298 0 PART I, LINE 2: GRANTS ARE PRIMARILY MONITORED IN THE FINANCIAL AID DEPARTMENT THROUGH THE UTILIZATION OF WRITTEN AND ELECTRONIC DOCUMENTATION. STUDENTS RECEIVING GRANTS AND SCHOLARSHIPS ARE DEEMED WORTHY BY THE COLLEGE'S ASSESSMENT ON THE BASIS OF ACHIEVEMENT AND FINANCIAL NEED. X 1 1 X 0 0 0 0 0 0 0 0 0 DR DEAN C COLLINS PRESIDENT 187094 0 0 0 0 0 2920 0 38655 0 228669 0 0 0 PART I, LINE 1A AN ANNUAL, NONTAXABLE, HOUSING ALLOWANCE OF $34,499.92 IS PROVIDED TO THE PRESIDENT, WHO IS AN ORDAINED MINISTER. X 1 FAIR MARKET VALUE X 1 FAIR MARKET VALUE X 1 FAIR MARKET VALUE 0 1 1 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE COLLEGE'S BOARD OF TRUSTEES PRIOR TO SUBMISSION WITH THE IRS. AS A MATTER OF PROCEDURE, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE FORM 990. THE EXECUTIVE COMMITTEE PRESENTS A REPORT OF ITS REVIEW TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REGULARLY DISCUSSED BY THE AUDIT COMMITTEE WITH EVIDENCE OF COMPLIANCE RECORDED IN THE BOARD MEETING MINUTES. IF A CONFLICT WERE TO ARISE, THE PARTY WITH THE CONFLICT WOULD ABSTAIN FROM VOTING ON MATTERS REGARDING THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S COMPENSATION IS REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. COMPARATIVE DATA FROM SIMILAR COLLEGES AND UNIVERSITIES IS OBTAINED ANNUALLY TO ASSIST IN DETERMINING COMPENSATION LEVELS. THIS PROCESS IS DOCUMENTED IN THE BOARD MINUTES UPON COMPENSATION APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 POINT UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THIS ORGANIZATION HAS A COMMITTEE THAT ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT. THIS PROCEDURE DID NOT CHANGE DURING THE CURRENT REPORTING YEAR. POINT UNIVERSITY GOLF CLUB LLC 2001 COUNTRY CLUB ROAD LANETT AL 36863 473728196 GOLF COURSE AL 267795 4364792 POINT UNIVERSITY POINT UNIVERSITY - FOUNDRY LLC 507 WEST 10TH STREET WEST POINT GA 31833 REAL ESTATE GA 0 3302368 POINT UNIVERSITY POINT UNIVERSITY PROPERTIES LLC 507 WEST 10TH STREET WEST POINT GA 31833 REAL ESTATE GA 0 3481518 POINT UNIVERSITY PU PROPERTIES LLC 507 WEST 10TH STREET WEST POINT GA 31833 814900384 REAL ESTATE GA 0 1760000 POINT UNIVERSITY