THE KINGS UNIVERSITY: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- THE KINGS UNIVERSITY (EIN 95-4663290)
- Tax period
- 2016-08-01 to 2017-07-31
- Filed
- 2018-06-15
- IRS object ID
- 201831669349300938
- Schema version
- 2016v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-06-15T12:18:04-05:00 | ReturnTs |
| Tax Period End | 2017-07-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 363990892 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Capin Crouse LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 Texan Trail STE 125 | AddressLine1Txt |
| City | Grapevine | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76051 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-08-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 954663290 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The King's University | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KING | BusinessNameControlTxt |
| Phone | 8175523700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2121 East Southlake Blvd | AddressLine1Txt |
| City | Southlake | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76092 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Ashley Green | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 8175523700 | PhoneNum |
| Signature | 2018-06-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | David C Moja | PreparerPersonNm |
| PTIN | P00747006 | PTIN |
| Phone | 8173286510 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Ashley Green | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2121 East Southlake Blvd | AddressLine1Txt |
| City | Southlake | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76092 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $9,616,258 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.tku.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1997 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | Prepare and educate men and women for effective leadership and Christ-like servanthood. | ActivityOrMissionDesc |
| Voting Members Governing Body | 14 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 13 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,901,839 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,935,469 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $6,736,367 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $6,569,922 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$25,411 | PYInvestmentIncomeAmt |
| CY Investment Income | $39,581 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$141,370 | PYOtherRevenueAmt |
| CY Other Revenue | -$57,640 | CYOtherRevenueAmt |
| PY Total Revenue | $10,471,425 | PYTotalRevenueAmt |
| CY Total Revenue | $9,487,332 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $6,614,131 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $5,810,635 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $554,692 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $733,095 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $72,000 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $66,000 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $251,341 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,793,515 | PYOtherExpensesAmt |
| CY Other Expenses | $2,152,334 | CYOtherExpensesAmt |
| PY Total Expenses | $10,034,338 | PYTotalExpensesAmt |
| CY Total Expenses | $8,762,064 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $437,087 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $725,268 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $6,060,357 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,229,947 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $724,475 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,062,725 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $5,335,882 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $6,167,222 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | The King's University is a Spirit-filled evangelical institution of higher education, dedicated to the preparation of men and women for effective leadership and Christ-like servanthood. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $6,771,110 | ExpenseAmt |
| Grant | $5,810,635 | GrantAmt |
| Revenue | $6,569,922 | RevenueAmt |
| Desc | The University provides an undergraduate education and graduate level seminary education with a student enrollment of over 800 (525 (undergraduate) + 324 (graduate). Degree programs offered include Associate of Christian Ministries, Associate of Worship Leadership, Bachelor of Biblical & Theological Studie (Theological Studies), Bachelor of Biblical & Theological Studie (Music and Worship), Bachelor of Biblical & Theological Studie (Messianic Jewish Studies), Bachelor of Biblical Counseling (Biblical Counseling), Bachelor of Christian Ministries (Christian Ministries), Bachelor of Cross-Cultural Ministry (Evangelism and Missions), Bachelor of General Christain Studies (General Christian Studies), Bachelor of Worshi Leadership (Worship Leadership), Certificate in Biblical Studies (Biblical Studies), Certificate in Christain Ministries (Christian Ministry), Doctoral of Ministry (Ministry), Graduate Certificate in Biblical Studies (Biblical Studies), Graduate Certificate in Christian Ministries (Christian Ministry), Master of Divinity (Messianic Jewish Studies), Master of Divinity (Theology), Master of Marriage and Family Therapy (MMFT) (Counseling), Master of Practical Theology (Ministry), Master of Spiritual Leadership (Leadership). | Desc |
| Total Program Service Expenses | $6,771,110 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | Yes (1) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 38 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 14 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Ashley Green | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8175523700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2121 East Southlake Blvd | AddressLine1Txt |
| City | Southlake | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76092 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| Dr Jack Hayford | |||||||
| Chancellor | 3.00 | 1.00 | Yes (X) | Yes (X) | $7,325 | $0 | $0 |
| Dr Robert Morris | |||||||
| Chairman | 0.50 | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Dr Kenneth Ulmer | |||||||
| Vice Chair/Trustee | 0.50 | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Dr Steve Riggle | |||||||
| Trustee | 0.50 | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Dr Sterling Brackett | |||||||
| Trustee | 0.50 | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Dr Danny Carroll | |||||||
| Trustee | 0.50 | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Larry Dantzler | |||||||
| Trustee | 0.50 | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Pastor Dan Hicks | |||||||
| Trustee | 0.50 | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Dr Howard Kaloogian | |||||||
| Trustee | 0.50 | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Dennis Newman | |||||||
| Trustee | 0.50 | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Rev Robert Stearns | |||||||
| Trustee | 0.50 | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Dr Jack Young | |||||||
| Trustee | 0.50 | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Pastor Tom Lane | |||||||
| Trustee | 4.50 | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Pastor Kevin Grove | |||||||
| Trustee | 0.50 | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Dr John Spurling Part Year | |||||||
| President/COO | 59.00 | 1.00 | Yes (X) | $0 | $20,653 | $133,696 | |
| Lee S Johnson | |||||||
| Secretary | 0.50 | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Dr Pete Sanchez Part Year | |||||||
| VP Academics | 39.00 | 1.00 | Yes (X) | $0 | $65,646 | $54,593 | |
| Dr David Cole | |||||||
| Interim President/COO/CAO | 39.00 | 1.00 | Yes (X) | $0 | $97,942 | $45,431 | |
| Charles Scott | |||||||
| VP of University Relations | 39.00 | 1.00 | Yes (X) | $0 | $84,969 | $45,912 | |
| Ashley Green | |||||||
| CFO | 39.00 | 1.00 | Yes (X) | $0 | $68,216 | $15,702 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $7,325 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $337,426 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $295,334 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $106,634 | FundraisingAmt |
| Government Grants | $45,509 | GovernmentGrantsAmt |
| All Other Contributions | $2,783,326 | AllOtherContributionsAmt |
| Noncash Contributions | $2,576 | NoncashContributionsAmt |
| Total Contributions | $2,935,469 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Tuition and fees | 611310 | $6,512,034 | $6,512,034 |
| Auxiliary revenue | 900099 | $57,888 | $57,888 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $6,569,922 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $59,649 | TotalRevenueColumnAmt |
| Exclusion | $59,649 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $5,250 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $12,107 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$6,857 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$6,857 | TotalRevenueColumnAmt |
| Exclusion | -$6,857 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $36,694 | SecuritiesAmt |
| Other | $9,274 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $66,036 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $36,694 | SecuritiesAmt |
| Other | -$56,762 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$20,068 | TotalRevenueColumnAmt |
| Exclusion | -$20,068 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $106,634 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $50,783 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$50,783 | TotalRevenueColumnAmt |
| Exclusion | -$50,783 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,487,332 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $6,569,922 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$18,059 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,261,825 | TotalAmt |
| Program Services | $5,261,825 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $548,810 | TotalAmt |
| Program Services | $548,810 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $572,147 | TotalAmt |
| Program Services | $164,312 | ProgramServicesAmt |
| Management And General | $293,629 | ManagementAndGeneralAmt |
| Fundraising | $114,206 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $78,766 | TotalAmt |
| Program Services | $38,014 | ProgramServicesAmt |
| Management And General | $39,846 | ManagementAndGeneralAmt |
| Fundraising | $906 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,048 | TotalAmt |
| Program Services | $11,453 | ProgramServicesAmt |
| Management And General | $22,992 | ManagementAndGeneralAmt |
| Fundraising | $7,603 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,134 | TotalAmt |
| Program Services | $6,829 | ProgramServicesAmt |
| Management And General | $21,078 | ManagementAndGeneralAmt |
| Fundraising | $12,227 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,664 | TotalAmt |
| Management And General | $24,664 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,979 | TotalAmt |
| Management And General | $56,979 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,000 | TotalAmt |
| Fundraising | $66,000 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,518 | TotalAmt |
| Management And General | $10,518 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $426,601 | TotalAmt |
| Program Services | $156,927 | ProgramServicesAmt |
| Management And General | $269,674 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $127,996 | TotalAmt |
| Program Services | $9,051 | ProgramServicesAmt |
| Management And General | $118,945 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $322,649 | TotalAmt |
| Program Services | $94,622 | ProgramServicesAmt |
| Management And General | $204,963 | ManagementAndGeneralAmt |
| Fundraising | $23,064 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $287,080 | TotalAmt |
| Program Services | $40,493 | ProgramServicesAmt |
| Management And General | $242,183 | ManagementAndGeneralAmt |
| Fundraising | $4,404 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $164,499 | TotalAmt |
| Program Services | $84,066 | ProgramServicesAmt |
| Management And General | $73,733 | ManagementAndGeneralAmt |
| Fundraising | $6,700 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $131,703 | TotalAmt |
| Program Services | $60,127 | ProgramServicesAmt |
| Management And General | $68,378 | ManagementAndGeneralAmt |
| Fundraising | $3,198 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,498 | TotalAmt |
| Program Services | $3,641 | ProgramServicesAmt |
| Management And General | $6,857 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $214 | TotalAmt |
| Management And General | $214 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $97,080 | TotalAmt |
| Program Services | $54,069 | ProgramServicesAmt |
| Management And General | $38,891 | ManagementAndGeneralAmt |
| Fundraising | $4,120 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,680 | TotalAmt |
| Management And General | $89,680 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Educational Programs | $220,381 | $204,526 | $6,942 | $8,913 |
| Bad debt expense | $149,447 | $149,447 | ||
| Accredidation expense | $32,345 | $32,345 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,762,064 | TotalAmt |
| Program Services | $6,771,110 | ProgramServicesAmt |
| Management And General | $1,739,613 | ManagementAndGeneralAmt |
| Fundraising | $251,341 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $123,524 | BOYAmt |
| EOY | $139,309 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,400,853 | BOYAmt |
| EOY | $3,486,309 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $808,500 | BOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $589,939 | BOYAmt |
| EOY | $177,772 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $24,150 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $75,426 | BOYAmt |
| EOY | $124,136 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $2,055,504 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,731,603 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $278,630 | BOYAmt |
| EOY | $323,901 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,533,901 | BOYAmt |
| EOY | $2,697,720 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $249,584 | BOYAmt |
| EOY | $256,650 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,060,357 | BOYAmt |
| EOY | $7,229,947 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $355,018 | BOYAmt |
| EOY | $364,912 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $204,796 | BOYAmt |
| EOY | $270,866 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $164,661 | BOYAmt |
| EOY | $426,947 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $724,475 | BOYAmt |
| EOY | $1,062,725 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,153,663 | BOYAmt |
| EOY | $3,832,937 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $549,696 | BOYAmt |
| EOY | $663,622 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,632,523 | BOYAmt |
| EOY | $1,670,663 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,335,882 | BOYAmt |
| EOY | $6,167,222 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,060,357 | BOYAmt |
| EOY | $7,229,947 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $725,268 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $99,189 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $6,883 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,372,118 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,524,113 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,823,580 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,901,839 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,935,469 | CurrentTaxYearAmt |
| Total | $16,557,119 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,372,118 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,524,113 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,823,580 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,901,839 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,935,469 | CurrentTaxYearAmt |
| Total | $16,557,119 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $16,557,119 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $106,790 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $82,642 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $69,580 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $77,163 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $64,889 | CurrentTaxYearAmt |
| Total | $401,064 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $138,112 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus2 Years | $38,024 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,518 | CurrentTaxYearMinus1YearAmt |
| Total | $188,654 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $17,146,837 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $27,967,374 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.96560 | PublicSupportCY170Pct |
| Public Support PY170 | 0.92700 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule A, Part II, Line 10, Explanation of Other Income: | Fundraising Event Fees - 2012 Amount: $ 136,278. 2014 Amount: $ 22,376. 2015 Amount: $ 12,518. Other Income - 2012 Amount: $ 1,834. 2014 Amount: $ 15,648. |
| 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 B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,054,277 | BeginningYearBalanceAmt |
| Contributions | $58,140 | ContributionsAmt |
| Investment Earnings Or Losses | $141,957 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $105,585 | OtherExpendituresAmt |
| End Year Balance | $2,148,789 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,988,743 | BeginningYearBalanceAmt |
| Contributions | $75,280 | ContributionsAmt |
| Investment Earnings Or Losses | $35,943 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $45,689 | OtherExpendituresAmt |
| End Year Balance | $2,054,277 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,908,202 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $85,341 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $4,800 | OtherExpendituresAmt |
| End Year Balance | $1,988,743 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,995,404 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $220,838 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $308,040 | OtherExpendituresAmt |
| End Year Balance | $1,908,202 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,836,941 | BeginningYearBalanceAmt |
| Contributions | $74,265 | ContributionsAmt |
| Investment Earnings Or Losses | $289,820 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $205,632 | OtherExpendituresAmt |
| End Year Balance | $1,995,394 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.77750 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.22250 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $47,857 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,730 | DepreciationAmt |
| Book Value | $38,127 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $500,627 | OtherCostOrOtherBasisAmt |
| Depreciation | $279,542 | DepreciationAmt |
| Book Value | $221,085 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,507,020 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,442,331 | DepreciationAmt |
| Book Value | $64,689 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $323,901 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Annuity obligations | $103,444 |
| Trust liability | $56,605 |
| Related party payable | $266,898 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $426,947 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $10,317,022 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $99,189 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $1,209,538 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $69,773 | OtherRevenueAmt |
| Revenue Not Reported | $1,378,500 | RevenueNotReportedAmt |
| Revenue Subtotal | $8,938,522 | RevenueSubtotalAmt |
| Other Revenues Not Included | $548,810 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $548,810 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $9,487,332 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $9,485,682 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $1,209,538 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $62,890 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,272,428 | ExpensesNotReportedAmt |
| Expenses Subtotal | $8,213,254 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $548,810 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $548,810 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $8,762,064 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part V, Line 4: | The endowment funds are used for the funding of a professorial chair and scholarships. |
| Part X, Line 2: | The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the statement of activities. As of July 31, 2017 and 2016, the University had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. The University files information tax returns in the U.S. and various states. The University is generally no longer subject to U.S. federal and state income tax examinations by tax authorities for years before 2014. |
| Part XI, Line 2d - Other Adjustments: | Rental Expenses reported on Pt. VIII 12,107. Direct fundraising events expenses reported on Pt. VIII 50,783. Change in value of split interest agreement 6,883. |
| Part XI, Line 4b - Other Adjustments: | Scholarships and discounts reported with net tuition and fees 548,810. |
| Part XII, Line 2d - Other Adjustments: | Rental Expenses reported on Pt. VIII 12,107. Direct fundraising events expenses reported on Pt. VIII 50,783. |
| Part XII, Line 4b - Other Adjustments: | Scholarships and discounts reported with net tuition and fees 548,810. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 | The student catalog, which is distributed to all students, contains the nondiscriminatory policy. In addition, other printed materials contain the appropriate comments regarding the nondiscriminatory policy. |
| Schedule E, Part I, Line 6 | The university receives funds for the Federal Direct Student Loan Program, Federal Pell Grants, Federal Supplemental Educational Opportunity Grant Program, and the Federal Work-Study Program. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 5 | EmployeeCnt |
| Type Of Activities Conducted | Program Service | TypeOfActivitiesConductedTxt |
| Specific Services Provided | Student trip | SpecificServicesProvidedTxt |
| Region Total Expenditures | $88,698 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 5 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 5 | TotalEmployeeCnt |
| Subtotal Spent | $88,698 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $88,698 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, line 3: | FormAndLineReferenceDesc |
| Explanation | The university uses expense reports, receipts, and other appropriate documentation in order to utilize the accrual accounting method consistent with GAAP to account for expenditures. | ExplanationTxt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Lee Mimms | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3909 Via Picaposte | AddressLine1Txt |
| City | Palos Verdes Estates | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90274 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | Donor relations consulting | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $133,785 | GrossReceiptsAmt |
| Retained By Contractor | $66,000 | RetainedByContractorAmt |
| Net To Organization | $67,785 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $133,785 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $66,000 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $67,785 | TotalNetToOrganizationAmt |
| Licensed States | CA | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | September 2016 Banquet | Event1Nm |
| Gross Receipts Event1 | $106,634 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $106,634 | CharitableContriEvent1Amt |
| Non Cash Prizes Event1 | $7,145 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $4,186 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $25,638 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $13,814 | OtherDirectExpensesEvent1Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Total | $106,634 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $106,634 | CharitableContributionsTotAmt |
| Non Cash Prizes Total Events | $7,145 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $4,186 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $25,638 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $13,814 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $50,783 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$50,783 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The King's University | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2121 East Southlake Blvd | AddressLine1Txt |
| City | Southlake | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76092 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 464671972 | RecipientEIN |
| IRC Section | 501(c)(3) | IRCSectionDesc |
| Cash Grant | $5,261,825 | CashGrantAmt |
| Purpose Of Grant | Fund payroll for shared employees | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Scholarships/Financial Aid | GrantTypeTxt |
| Recipient | 395 | RecipientCnt |
| Cash Grant | $548,810 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | Students submit an application for financial aid to the financial aid office. Applications are evaluated by the financial aid office and students are notified of awards they are to receive. The financial aid is applied directly against tuition. Scholarships are not refunded should the student fail to complete the required credit hours. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Dr John Spurling Part Year | PersonNm |
| Title | President/COO | TitleTxt |
| Base Compensation Filing Org | $0 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $7,552 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $500 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $12,601 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $10,559 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $0 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $123,137 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $0 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $154,349 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a | Dr. John Spurling occasionally uses first class travel in time sensitive situations when coach seating is unavailable. These occasions are for bona fide business expenses. Occasionally Dr. John Spurling's spouse will travel with him for university events where her attendance is required. Mrs. Spurling's role includes planning, logistics, and hosting certain university sponsored events. These represent bona fide business expenses. Dr. John Spurling, Dr. Pete Sanchez, Mr. Charles Scott, and Dr. David Cole, each received a housing allowance. This is treated as a nontaxable benefit. |
| Part I, Line 4a | Dr. John Spurling - $5,076. |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash Grant | $7,581 | CashGrantAmt |
| Type Of Assistance | Tuition Remission | TypeOfAssistanceTxt |
| Assistance Purpose | Tuition Assistance | AssistancePurposeTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 1 | The Executive Committee is composed of the Chairman, Vice-Chairman, Chancellor, Secretary, and President. The Committee is authorized to exercise any and all powers which the Board of Trustees of the corporation is empowered to exercise, except as prohibited by law, the Articles and the Bylaws of the corporation. The Committee reports its activities and affairs to the Board of Trustees at the next meeting. |
| 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 Director of Finance and President. A full copy of the 990 is then provided to the board members prior to being filed. |
| Form 990, Part VI, Section B, line 12c | The conflict of interest policy requires each trustee to disclose actual or possible conflicts of interest on an annual basis. The Executive Team, which consists of the President and two Vice Presidents, evaluates each disclosure to determine if an actual conflict exists; in the case that a member of the Executive Team is involved in the disclosure, the Board will make the determination. Following the disclosure, the responsible person recuses him or herself from the discussion and vote on the transaction or arrangement involving the possible conflict of interest. The Chairperson has the authority to appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After excercising due diligence, the Board and/or Executive Team shall determine whether the university can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. |
| Form 990, Part VI, Section B, line 15 | Compensation for the President and other officers is determined by the Executive Committee of the Board. Comparability data is examined annually, including Form 990s from similar universities. Compensation deliberations are recorded in the board minutes. |
| Form 990, Part VI, Section C, line 19 | The organization's conflict of interest policiy, governing documents, and financial statements are available upon request. |
| Form 990, Part XI, line 9: | Change in value of split interest agreement 6,883. |
| 990, Part XII, Line 2c: | The Board of Trustees assumes responsibility for oversight of the audit of its financial statements and selection of the independent accounting firm used. This process has not changed since the prior year. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|
| Living Way Ministries | |||||||||
| 14800 Sherman Way | Van Nuys | CA | 91405 | 237448576 | Media ministry | CA | 501(c)(3) | Line 1 | 0 |
| The King's University | |||||||||
| 2121 East Southlake Blvd | Southlake | TX | 76092 | 464671972 | Private school | TX | 501(c)(3) | Line 2 | 0 |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Charitable remainder unitrust (1) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | Hold assets & remit income to grantors | PrimaryActivitiesTxt |
| Legal Domicile State | CA | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The King's University | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | T | EntityTypeTxt |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt |
|---|
| The King's University |
| B |
| The King's University |
| N |
| The King's University |
| O |
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