2018-05-14T14:31:25-05:00 2017-06-30 201941244 HORNE LLP 1020 Highland Colony Pkwy Ste 400 Ridgeland MS 39157 990 2016-07-01 640929171 University of Southern Mississippi Athletic Foundation UNIV 6012665017 118 College Drive 5017 Hattiesburg MS 39406 CHRISTI HOLLOWAY CFO 6012665017 2018-05-09 1 Amie T Whittington CPA P01082167 6013261000 2018-05-03 2016 2022-09-23 18:48:47Z Christi Holloway 118 College Drive 5017 Hattiesburg MS 39406 11171192 0 X N/A X 2000 MS THE MISSION OF THE ATHLETIC FOUNDATION IS TO PROVIDE FINANCIAL SUPPORT TO THE UNIVERSITY OF SOUTHERN MISSISSIPPI ATHLETIC PROGRAM. 32 31 0 10 0 0 6768715 8178225 0 0 172062 215536 -83951 -109966 6856826 8283795 5097832 4321401 0 0 0 0 0 0 0 1176731 1221310 6274563 5542711 582263 2741084 13907745 15531192 8656894 7145497 5250851 8385695 THE MISSION OF THE ATHLETIC FOUNDATION IS TO PROVIDE FINANCIAL SUPPORT TO THE UNIVERSITY OF SOUTHERN MISSISSIPPI ATHLETIC PROGRAM. 0 0 5487841 4321401 63818 ACTIVITIES SPONSORED BY THE ATHLETIC FOUNDATION TO BENEFIT THE ATHLETIC PROGRAM AND THE STUDENT ATHLETES. 5487841 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 4 0 1 0 1 0 0 0 0 0 1 1 0 0 0 0 X 32 31 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X Christi Holloway CPACFO 6012665034 2907 West Fourth Street Hattiesburg MS 39401 ABB PAYNE DIRECTOR 0.50 X 0 0 0 AL GORDY DIRECTOR 0.50 X 0 0 0 AUBREY COLLUM DIRECTOR 0.50 X 0 0 0 DR CATHY SESSUMS DIRECTOR 0.50 X 0 0 0 Dr Evan Dillard DIRECTOR 0.50 X 0 0 0 DR NANCY NEW DIRECTOR 0.50 X 0 0 0 GRANT DYESS PRESIDENT 0.50 X X 0 0 0 JIM WARREN TREASURER 0.50 X 0 0 0 Kami Wert DIRECTOR 0.50 X 0 0 0 KRANDALL HOWELL DIRECTOR 0.50 X 0 0 0 LARRY DAVIS DIRECTOR 0.50 X 0 0 0 LEIGH BREAL VICE PRESIDENT/PRESIDENT ELECT 0.50 X X 0 0 0 Lisa McMahon DIRECTOR 0.50 X 0 0 0 MACK GRUBBS dIRECTOR 0.50 X X 0 0 0 MICKEY HUDSON DIRECTOR 0.50 X 0 0 0 MIKE ARRINGTON DIRECTOR 0.50 X 0 0 0 MIKE LANDRUM DIRECTOR 0.50 X 0 0 0 RICHARD JOHNSTON DIRECTOR 0.50 X 0 0 0 ROBERT C DEWS DIRECTOR 0.50 X 0 0 0 RON SAVELL SECRETARY 0.50 X X 0 0 0 SPENCER ADAMS DIRECTOR 0.50 X 0 0 0 TOM MILAM DIRECTOR 0.50 X 0 0 0 VIC ROBERTS DIRECTOR 0.50 X 0 0 0 Wade Walters DIRECTOR 0.50 X 0 0 0 WREN HOOD DIRECTOR 0.50 X 0 0 0 Jon Gilbert CEO, PART YEAR 40.00 X X 0 0 0 Bill McGillis CEO, PART YEAR 40.00 X X 0 342884 44907 Brian Bledsoe DIRECTOR 0.50 X 0 0 0 JEROME BROWN DIRECTOR 0.50 X 0 0 0 FOREST ROBERTS DIRECTOR 0.50 X 0 0 0 DR ALAN LUCAS DIRECTOR 0.50 X 0 0 0 PONCHO JAMES DIRECTOR 0.50 X 0 0 0 CHARLIE SULLIVAN DIRECTOR 0.50 X 0 0 0 CHRISTI HOLLOWAY CFO 40.00 X 0 77726 18602 0 420610 63509 0 0 1 0 0 231255 7946970 313611 8178225 151718 151718 2841249 2777431 63818 63818 63818 0 231255 109966 -109966 -109966 8283795 63818 0 41752 2489834 2489834 1831567 1831567 24511 24511 35138 35138 81126 81126 9803 9803 210040 208576 1464 12526 12526 46429 46429 317476 317476 10091 10091 15578 3069 12509 MEALS & ENTertainment 103832 103832 BAD DEBT EXPENSE 86441 86441 donor relations 74306 74306 REPAIRS & MAINT. 63501 62355 1146 130512 125363 5149 5542711 5487841 54870 0 2372955 3524611 352102 12446 4244785 4537994 361259 325679 49625 43022 704223 12590 495121 691633 6031898 6395807 13907745 15531192 355352 176501 2598952 2324297 5391702 4479791 310888 164908 8656894 7145497 X -4029894 -3126706 4423632 6512225 4857113 5000176 5250851 8385695 13907745 15531192 X 2741084 253360 140400 X X 0 1 X 1 0 X 8568857 5541942 5323297 6768715 8178225 34381036 8568857 5541942 5323297 6768715 8178225 34381036 1852655 32528381 151687 160170 192382 146286 151718 802243 35183279 0.92450 0.89920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5706632 171763 420403 113337 83868 6101593 5786769 70340 -3002 56056 91419 5706632 5729062 117085 105874 109593 55659 5786769 4982458 389633 500946 95983 47992 5729062 4478712 221147 368881 63920 3287 19075 4982458 0.81950 0.18050 0 0 639671 639671 64552 12590 51962 691633 INTEREST RATE SWAP 164908 164908 X 9312278 253360 670737 104386 1028483 8283795 0 8283795 6323414 670737 109966 780703 5542711 0 5542711 Part V, Line 4: THE EARNINGS ARE USED TO PROVIDE ATHLETIC SCHOLARSHIPS. Part X, Line 2: THE ATHLETIC FOUNDATION EVALUATES TAX POSITIONS TAKEN IN ACCORDANCE WITH ASC TOPIC 740, INCOME TAXES. Part XI, Line 2d - Other Adjustments: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -5,580. fundraising expenses included in income 109,966. Part XII, Line 2d - Other Adjustments: fundraising expenses included in income 109,966. BASEBALL GOLF FUNDRAISER 56160 56160 19297 MEN'S GOLF TEAM FUNDRAISER 46680 46680 23255 5 128415 128415 67414 231255 231255 109966 109966 -109966 1 university of southern mississippi 118 college drive hattiesburg MS 390460001 646000818 GOVT 2489834 AFFILIATE SUPPORT 1 0 SCHOLARSHIPS FOR STUDENT ATHLETES AT UNIVERSITY OF SOUTHERN MISSISSIPPI 280 1831567 Part I, Line 2: GRANTS ARE GIVEN IN THE FORM OF ATHLETIC SCHOLARSHIPS AND FOR THE BENEFIT OF THE UNIVERSITY OF SOUTHERN MISSISSIPPI AND ITS ATHLETES. X 1 1 X X 0 0 0 0 0 0 0 0 0 Bill McGillis CEO, PART YEAR 0 342884 0 0 0 0 0 37744 0 7163 0 387791 0 0 A ms business finance corp 640679130 2009-12-18 4000000 pay off an existing note payble, used to upgrade athletic facilities at usm 0 0 0 A 4000000 3077718 80000 842282 2009 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 0 1 1 bancorpsouth bank 10.000000000000 0 0 0 0 0 A 0 X Land and land Improvement 1 200000 FMV X Donated Goods 20 113611 FMV 0 1 0 Form 990, Part VI, Section B, line 11b PRIOR TO FILING, THE FORM 990 IS REVIEWED IN DETAIL BY THE CHIEF FINANCIAL OFFICER AND THE INDEPENDENT AUDITOR. IN ADDITION, A PRELIMINARY DRAFT OF THE FORM 990 IS PROVIDED TO THE PRESIDENT AND VICE PRESIDENT OF THE BOARD OF DIRECTORS AND EACH MEMBER OF THE FINANCE COMITTEE FOR HIS, OR HER, DETAILED REVIEW. BEFORE FILING, A DRAFT OF THE 990 IS ALSO PROVIDED TO EACH EXECUTIVE COMMITTEE MEMBER OF THE BOARD OF DIRECTORS FOR HIS, OR HER REVIEW. Form 990, Part VI, Section B, line 12c ANNUALLY, EACH DIRECTOR AND OFFICER IS PROVIDED A COPY OF THE CONFLICT OF INTEREST POLICY. THEY ARE ASKED TO REVIEW THE POLICY IN DETAIL. EACH DIRECTOR AND OFFICER MUST ACKNOWLEDGE THEIR undERSTANDING OF AND COMPLIANCE WITH THE POLICY BY SIGNING A STATEMENT WHICH STATES THIS. Form 990, Part VI, Section B, line 15 THE INSTITUTE FOR HIGHER LEARNING (IHL) REVIEWS AND APPROVES THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER (CEO). THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS AND THE CEO REVIEW AND APPROVE THE COMPENSATION OF THE CHIEF FINANCIAL OFFICER. Form 990, Part VI, Section C, line 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND POLICIES, FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE UPON REQUEST. THE FORM 990 IS ALSO AVAILABLE ON-LINE AT WWW.SOUTHERNMISS.COM. Form 990, Part XI, line 9: change in value of split interest agreement -5,580. change in fair value of interest rate swap agreement 145,980. form 990, part xii, line 2c THE INDEPENDENT ACCOUNTANT SELECTION AND MONITORING PROCESS HAS NOT CHANGED FROM PRIOR YEAR. university of southern mississippi 118 college drive hattiesburg MS 394060001 646000818 public university MS 501(c)(3) 170(b)(1)(A) (iv) N/A 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0