2019-05-15T16:14:41-05:00 2018-06-30 363990892 Capin Crouse LLP 2435 Research Parkway STE 200 Colorado Springs CO 80920 990 2017-07-01 730599209 Southwestern Christian University SOUT 4057897661 7210 NW 39th Expressway Bethany OK 73008 Dr Tom Murray President 4057897661 2019-05-15 1 David C Moja P00747006 7195286225 139.146.132.42 2019-05-15 17:14:34 ED P BB9C941D9017312E4EAEE769FA72F4CB3C5790C3 7622999A259424C657C2A419001D5BE24FC93113 2017 2019-02-21 02:37:17Z Dr Tom Murray 7210 NW 39th Expressway Bethany OK 73008 13181714 0 X www.swcu.edu X 1959 OK Providing Christ-centered liberal arts education, empowering graduates to excel. 27 26 371 100 0 11859 736490 994308 12311072 10783096 -775805 20769 -10280 1067211 12261477 12865384 3819280 3611168 0 0 5452666 4992706 0 0 91736 5278140 4740690 14550086 13344564 -2288609 -479180 9298754 10045149 6637277 8211879 2661477 1833270 SCU is a Christ-centered liberal arts institution equipping students for a life of learning, leadership, and service; integrating faith, learning, and living; and empowering graduates to excel and to positively impact their world for Jesus Christ. 0 0 12896645 3611168 10783096 Southwestern Christian University is a private, four-year Christian University offering both undergraduate and graduate programs. Undergraduate students can choose from one Associate's and 24 Bachelor's degree options in 12 academic departments and enjoy a faculty to student ratio of 1 to 10. Graduate degrees include a Master of Arts in Ministry, a Master of Arts in Theological Studies, a Master of Arts in Christian Global Leadership, and a Master of Arts in Biblical Counseling. 12896645 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 1 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 954 0 1 371 1 1 1 0 0 0 0 0 0 0 0 0 X 27 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OK X Teresa Thornton 4057897661 7210 NW 39th Expressway Bethany OK 73008 Randell Drake Chair 0.50 X X 0 0 0 Jon Chasteen Regent - Board Member (part year) 0.50 X 0 0 0 Tim Hooper Regent - Board Member (part year) 0.50 X 0 0 0 Jo Ann Johnson Regent - Board Member 0.50 X 0 0 0 David Light Regent - Board Member 0.50 X 0 0 0 Thomas McGhee Regent - Board Member 0.50 X 0 0 0 Greg Amos Regent - Board Member 0.50 X 0 0 0 Gordon Atwell Regent - Board Member 0.50 X 0 0 0 Neil Barlow Regent - Board Member 0.50 X 0 0 0 Charles Boyd Regent - Board Member 0.50 X 0 0 0 Scott Hampton Regent - Board Member 0.50 X 0 0 0 Gary Jackson Regent - Board Member (part year) 0.50 X 0 0 0 George Kanelopoulos Regent - Board Member (part year) 0.50 X 0 0 0 Bob Mills Regent - Board Member (part year) 0.50 X 0 0 0 David Moore Regent - Board Member 0.50 X 0 0 0 Jerry C Morris Regent - Board Member 0.50 X 0 0 0 Manuel Pate Regent - Board Member 0.50 X 0 0 0 Brenda Phillips Regent - Board Member (part year) 0.50 X 0 0 0 Gary Shockley Regent - Board Member 0.50 X 0 0 0 Samantha Snipes Regent - Board Member 0.50 X 0 0 0 Evelyn Springer Regent - Board Member 0.50 X 0 0 0 Ricky Walter Regent - Board Member (part year) 0.50 X 0 0 0 Norman Wilkie Regent - Board Member 0.50 X 0 0 0 Dr Ed White Regent - Board Member 0.50 X 0 0 0 David Avila Regent - Board Member 0.50 X 0 0 0 Larry Herrera Regent - Board Member 0.50 X 0 0 0 Keenan Darnell Regent - Board Member (part year) 0.50 X 0 0 0 Jerry Jones Regent - Board Member 0.50 X 0 0 0 Stuart Sherrill Regent - Board Member 0.50 X 0 0 0 John Youell Jr Regent - Board Member 0.50 X 0 0 0 Wayne Kirby Regent - Board Member 0.50 X 0 0 0 Justin Blankenship Regent - Board Member 0.50 X 0 0 0 Susie West Regent - Board Member 0.50 X 0 0 0 Daniel Ice Regent - Board Member 0.50 X 0 0 0 David Salazar Regent - Board Member 0.50 X 0 0 0 Dr Reggies Wenyika President 40.00 X 75824 0 146535 Tony Crouch VP-Business and Finance (part year) 40.00 X 66146 0 14692 141970 0 161227 0 0 1 0 Comcourse Inc 1101 Pacific Ave Ste 250 Santa Cruz CA 95060 Online education support 633429 Pioneer College Caterers Inc 12351 W 96th Terrace Ste 204-W Lenexa KS 66215 Food service 503962 2 17615 79334 897359 994308 Tuition & Fees 611310 9309656 9309656 Auxiliary Enterprises 900099 1473440 1473440 10783096 20769 20769 26193 155741 -129548 -129548 -129548 156728 156728 0 0 620 17615 3861 -3241 -3241 Asset appreciation 900099 1200000 1200000 1200000 12865384 10783096 0 1087980 X 3611168 3611168 424304 424304 48357 48357 3811001 3770001 41000 89183 87953 1230 379406 372346 7060 240455 237318 3137 7050 7050 44185 44185 441 441 1634744 1634744 43657 17823 25834 44976 31423 78 13475 136027 136027 910790 674976 235814 28893 28893 9886 9886 68174 68174 271094 271094 Athletics 628128 628128 Institutional Support 385186 384745 441 Student Services 161042 161042 Academic Support 150350 150350 216067 216067 13344564 12896645 356183 91736 155043 127627 290345 200794 100177 52734 220895 216197 21516 3655 10856437 3423661 8005665 7432776 76036 79623 429077 1931743 9298754 10045149 337586 578050 78098 102803 5671593 5401026 550000 2130000 6637277 8211879 X 1502581 -449991 162717 93954 996179 2189307 2661477 1833270 9298754 10045149 -479180 -349027 0 X X 0 1 X 1 1 1 X 847405 2524062 861051 736490 994308 5963316 847405 2524062 861051 736490 994308 5963316 1783341 4179975 195749 95438 45468 27945 46962 411562 10712 5631 1807 1200620 1218770 7593648 57261997 0.55050 X Schedule A, Part II, Line 10, Explanation of Other Income: Fundraising events - 2013 Amount: $ 10,712. 2014 Amount: $ 5,631. 2016 Amount: $ 1,807. 2017 Amount: $ 620. Asset appreciation - 2017 Amount: $ 1,200,000. 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. 1007605 1500 1358582 155149 2212538 984427 22470 12309 11601 1007605 976332 13218 25744 30867 984427 951193 23151 9160 7172 976332 902593 7705 48320 7425 951193 0.98950 0.01050 1 0 550233 336903 887136 8364548 2107100 6257448 1279041 992530 286511 325712 324031 1681 7432776 Related party investments 430373 F Mineral interests 1200000 F Certificates of deposit 301370 F 1931743 9035290 -349027 159602 -189425 9224715 441 3640228 3640669 12865384 9863497 159602 159602 9703895 441 3640228 3640669 13344564 Part V, Line 4: Income from endowment funds is used to provide scholarships for students. Part XI, Line 2d - Other Adjustments: Rental expense 155,741. Special event expense 3,861. Part XI, Line 4b - Other Adjustments: Grants & Financial Aid to Students 3,611,169. Revenue sharing with online course provider 29,059. Part XII, Line 2d - Other Adjustments: Rental expense 155,741. Special event expense 3,861. Part XII, Line 4b - Other Adjustments: Grants & Financial Aid to Students 3,611,169. Revenue sharing with online course provider 29,059. 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 University publicizes this policy in local newspapers and on the University's website. In addition, admissions counselors utilize promotion and recruiting procedures designed to inform and attract students from all racial segments within their recruiting territories. Schedule E, Part I, Line 6 The university receives funds from the U.S. Department of Education for the following awards: Federal Direct Student Loan Program, Federal Pell Grants, Federal Supplemental Educational Opportunity Grant Program, and the Federal Work-Study Program. South America 0 0 Program services Student mission trips 23543 0 0 0 0 0 0 23543 0 23543 0 0 0 0 0 0 Part I, line 3: Foreign expenditures are accounted for according to the accrual basis of accounting using receipts, expense reports, and other appropriate documentation. Vison 4 Education 14185 13565 620 114 2972 589 Business Leaders Network 4050 4050 186 18235 17615 620 114 2972 775 3861 -3241 1 Scholarships 563 3611168 Part I, Line 2: Criteria is established for the awarding of individual scholarships. Students must complete an application and scholarships are awarded after all external scholarships and grants have been applied, not to exceed the cost of attendance. Scholarships are applied directly to the student account. A listing of scholarships and general scholarship policies can be found on the SCU website, www.swcu.edu. X 1 1 X X 0 0 0 0 0 0 0 0 0 Dr Reggies Wenyika President 75824 0 0 0 0 0 2400 0 122005 0 200229 0 0 0 Part I, Line 1a As a minister of the Gospel, President Dr. Wenyika received a minister's housing allowance. This was appropriately treated as a nontaxable benefit included in Other Compensation. Wallace Hamilton Family member of board member, George Kanelopoulos 16150 Employee compensation and benefits 0 Zachary Sherrill Family member of board member, Stuart Sherrill 32207 Employee compensation and benefits 0 Form 990, Part VI, line 1a Executive Committee The Executive Committee shall have and exercise all of the authority of the Board of Regents in the management of the affairs of the Corporation, except for action taken of the full Board of Regents as required by statute, the Amended and Restated Articles of Incorporation, or the Bylaws, shall have power to authorize the seal of the Corporation to be affixed to all papers which may require it. Provided, however, the Executive Committee shall act only in the interval between meetings of the Board or whenever it is impractical to call a meeting of the Board, and shall at all times be subject to the control and direction of the Board. It shall have the power to revise the annual budget during the fiscal year, if warranted, based upon recommendations from the Business and Finance Committee for necessary adjustments. It shall receive salary recommendations from the Business and Finance Committee for necessary adjustments. It shall transact any special business committed to it by the Board of Regents. It shall coordinate the work of, and have general supervisory authority over all other board committees. It shall be an advisory council, in addition to its policy functions, for the President of the University. It shall have the authority to conduct examinations or investigations as it deems proper and based upon such, take action except in cases where the full Board of Regents is warranted. It shall not take any action inconsistent with a prior act of the Board of Regents, award degrees, amend Bylaws, locate permanent buildings on property held for University purposes, remove or appoint the President of the University, or take any action which has been reserved by the Board. It shall meet prior to the annual Board of Regents meeting and at least three other times during the year. Time, place, and notice (if any) of Executive Committee meetings shall be determined by the Executive Committee. It shall constitute a quorum when a majority of the number of members of the Executive for the transaction of all business. A vote of a majority of a quorum shall constitute the act of the Executive Committee. The Executive Committee shall keep regular minutes of its proceedings and report the same to the Board of Regents. Any action which might be taken at a meeting of the Executive Committee may be taken without a meeting if a record or memorandum thereof be made in writing and signed by all the members of the Executive Committee. The signed record or memorandum, or a signed copy, shall be placed in the Minute Book of the Corporation. It shall be granted by the Board of Regents sole authority to act as the court of last appeal in all faculty contractual matters. The Executive Committee's decision shall be binding on the full Board of Regents. It shall furnish, through its Secretary, a copy of the minutes of its meetings to each member of the Board within thirty (30) days. It shall review and recommend to the Board of Regents the compensation of the University President. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent CPA firm and is first reviewed in detail by the Finance Team. The 990 is then provided to the Audit Committee and all board members prior to being submitted to the IRS. Form 990, Part VI, Section B, line 12c Officers, trustees, key employees and all employees with budgetary responsibility are required to submit conflict of interest disclosures annually. These forms are reviewed by management as well as the Audit Committee. Any conflicts or potential conflicts are resolved by the Audit Committee and the Board of Regents. All interested parties are required to recuse themselves from board deliberations and any subsequent vote. Form 990, Part VI, Section B, line 15 The University participates in annual compensation studies of various higher education associations and uses the studies to review appropriateness of officer and key employee salaries. The President has an annual review by the Board of Regents that includes a performance review and comparison to average salaries and benefits of similar institutions. The deliberations and decisions regarding executive compensation are documented in the board minutes. Form 990, Part VI, Section C, line 19 The University makes its governing documents, conflict of interest policy, and financial statements available upon request. Form 990, Part IX, line 11g Online course support: Program service expenses 828,686. Management and general expenses 0. Fundraising expenses 0. Total expenses 828,686. Other contract labor: Program service expenses 238,596. Management and general expenses 0. Fundraising expenses 0. Total expenses 238,596. Food service: Program service expenses 567,462. Management and general expenses 0. Fundraising expenses 0. Total expenses 567,462. Form 990, Part XII, Line 2c The organization has a committee that assumes responsibility for oversight of audit of its financial statements and selection of an independent accountant. This process has not changed since the prior year.