2018-02-26T11:46:53-07:00 2017-06-30 990 2016-07-01 310970262 MARTIN UNIVERSITY INC MART 3179173623 2186 North Sherman Drive Indianapolis IN 46218 Michael Moos Vice President for Fiscal Affairs 3179173623 2018-02-26 199.8.36.251 2016 2021-01-29 14:40:06Z Michael Moos 2186 North Sherman Drive Indianapolis IN 46218 7980763 0 X www.martin.edu X 1977 IN To make higher education available to all who can benefit. Martin University serves minorities, low income and adult learners in a healing and freedom-minded environment. 16 16 188 5 0 0 1490733 2983434 4485529 4692061 -99648 -278269 23560 15918 5900174 7413144 46469 245303 0 0 3523674 3784354 6000 7500 94428 1790097 1928097 5366240 5965254 533934 1447890 11051113 11489696 3359675 2350368 7691438 9139328 To make higher education available to all who can benefit. Martin University serves minorities. low income and adult learners in a healing and freedom-minded environment. 0 0 3556378 245303 0 Provide college education which includes a 4 year liberal arts program to approximately 850 students. 0 0 0 3556378 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 19 0 1 188 1 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X Martin University 3179173623 2186 North Sherman Drive Indianapolis IN 46218 Gregory Gill Board Chair 2 0 X 0 0 0 Theodore Mau Board Vice Chair 2 0 X 0 0 0 Tracy Boyd Trustee 2 0 X 0 0 0 Linda C J Dixon Secretary 2 0 X 0 0 0 Rev Richard Hunter Trustee 2 0 X 0 0 0 Dr Fred L Johnson III Trustee 2 0 X 0 0 0 Toby Malichi Trustee 2 0 X 0 0 0 D Wesley Poythress Trustee 2 0 X 0 0 0 Rev Remus Wright Trustee 2 0 X 0 0 0 Dr Nancy Chism Trustee 2 0 X 0 0 0 Robin C Shackleford Trustee 2 0 X 0 0 0 Michael Ames Trustee 2 0 X 0 0 0 Jesse Brown Trustee 2 0 X 0 0 0 Michael Twyman Trustee 2 0 X 0 0 0 Lorenzo Esters Trustee 2 0 X 0 0 0 Josh Williams Trustee 2 0 X 0 0 0 Dr Eugene G White President 40 0 X 138000 0 0 138000 0 0 1 0 0 0 Anthem Blue Cross Blue Shield PO Box 105113 Atlanta GA 303485113 Health Insurance 462679 eCampus A Book Company 28312 Network Place Chicago IL 60673 Book Sales 206546 CDW Government Inc 75 Remittance Drive Suite 1515 Chicago IL 606751515 Computer hardware 175135 Indianapolis Power and Light 2102 N Illinios Street Indianapolis IN 46202 Utilities 108450 RCR Technology Group 251 N Illinois Street Indianapolis IN 46204 Computer software 100122 5 0 0 0 0 1034709 1948725 0 2983434 Tuition and Fees 611310 4692061 4692061 0 0 0 0 0 0 4692061 2884 2884 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 281153 0 -281153 -281153 -281153 0 0 0 0 0 0 0 0 0 0 0 0 0 0 252166 286466 -34300 -34300 0 0 50218 50218 0 0 50218 7413144 4429710 0 0 X 0 0 245303 245303 0 0 0 0 0 0 0 0 0 0 0 0 3080459 1972729 1043393 64337 0 0 0 0 438614 298831 130638 9145 265281 174429 84922 5930 0 0 0 0 0 0 0 0 101309 0 101309 0 0 0 0 0 7500 7500 0 0 0 0 307609 291171 16438 0 75652 33245 42407 0 98357 58790 39563 4 91719 58659 33060 0 0 0 0 0 265985 131136 132094 2755 46328 41544 4784 0 0 0 0 22371 21827 544 0 52162 0 52162 0 0 0 0 0 420399 0 420399 0 105174 0 105174 0 Educational expense 25518 22855 2663 0 Bad Debt 99671 0 99671 0 215843 205859 5227 4757 5965254 3556378 2314448 94428 1100 1000 1126699 2067357 54472 62698 903189 773241 0 0 0 0 0 0 3813 1192 86350 81898 15160612 6736080 8814136 8424532 61354 77778 11051113 11489696 449949 124623 0 0 1254726 685512 1655000 1540233 0 0 0 0 0 0 0 0 0 3359675 2350368 X 7363098 8817496 200239 193731 128101 128101 7691438 9139328 11051113 11489696 1447890 0 0 0 0 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 201364 64016 102 78365 0 0 187117 208063 86922 0 93621 0 0 201364 229044 65946 251 87178 0 0 208063 190434 71548 360 33298 0 0 229044 164782 35046 428 9822 0 0 190434 0 0.64 0.36 0 0 0 1015996 1015996 0 11748505 5584211 6164294 0 0 0 0 0 2344239 1151869 1192370 0 51872 0 51872 8424532 7454307 0 0 0 286466 286466 7167841 0 245303 245303 7413144 6006416 0 0 0 286466 286466 5719950 0 245304 245304 5965254 Schedule D, Part V, Line 4 The use of the endowment funds are intended for the mission of the University and in addition, where indicated, to meet the restriction of the donors. Schedule D, Part XI, Line 2d Revenue amounts included in financials - Other cost of goods sold - $286,466 Schedule D, Part XI, Line 4b Revenue amounts included in financials - Other Institutional Scholarships - $245,304 Schedule D, Part XII, Line 2d Other cost of goods sold - $286,466 Schedule D, Part XII, Line 4b Other institutional scholarships - $245,304 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Martin University uses media advertisements that contain the statement: "Open Enrollement". The nondiscrimiatory policy is also printed in the University's student handbook. Schedule E, Part I, Line 6 Martin University receives Title IV funds for student aid and other direct funds from the US Department of Education and State Aid. 1 Institutional and Other Scholarships 120 245020 Schedule I, Part I, Line 2 The procedures for monitoring the use of grant funds are Martin University only awards institutional and privately funded financial aid awards as assistance for students based on a case by case basis, based on merit and need. In doing so, the University's financial aid department adheres to all federal and state regulations and is subject to the internal control requirements of the OMB circular A-133. A The National Bank of Indianapolis 351904483 2016-07-28 1655000 Refinance for an Educational Faclility 0 0 0 A 1655000 0 1655000 100000 0 0 0 0 0 0 0 0 2026 0 0 1 1 A 0 0 0 0 0 0 0 1 0 0 A 1 0 0 0 0 1 A 1 Form 990, Part I, Line 6 Volunteers are used to support the student activities and administrative services. Form 990, Part VI, Section B, Line 11b The University's Vice President for Fiscal Affairs completes the form 990, the form is reviewed by the University's controller. Once the internal review is complete the form is filed. The completed form is reviewed by the Boards Audit and Finance committee. Form 990, Part VI, Section B, Line 12c The Board of Trustees has adopted strict rules for the compliance with its conflict of interest policy. The oversight of the policy includes training and written documents to be signed by each Board member. Annually in May, the secretary reviews the conflict of interest forms. Form 990, Part VI, Section B, Line 15 The Board of Trustees use compensation surveys, studies and benchmarking with similar organizations to determine the salaries of top management officials. The board consults with independent consultants on industry standards regarding compensation plans. The entire board reviews and approves the presidents employment agreement and key employees, the compensation and benefits, responsibilities and performance reviews. Form 990, Part VI, Section C, Line 19 Upon written request and a reasonable amount of time allotted, the Board makes organizational documents available to the public. Form 990, Part IX, Line 24e Miscellaneous grant expenses.