2018-03-08T13:07:20-06:00 2017-04-30 BKD LLP 200 E Main St Suite 700 Fort Wayne IN 46802 990 2016-05-01 350868095 GRACE SCHOOLS % ARTHUR J WOODRUFF GRAC 5743725100 200 SEMINARY DR WINONA LAKE IN 46590 PAUL G BLAIR CHIEF FINANCIAL OFFI 5743725100 2018-03-15 true Lauren R Denton P01571860 2604604000 167.68.126.162 35027420180675000018 2018-03-08 P C0A1048A415ECF9CE2EB2E701FE9A727F6205421 C0A1048A415ECF9CE2EB2E701FE9A727F6205421 2016 2021-01-29 14:40:06Z WILLIAM J KATIP 200 SEMINARY DR WINONA LAKE IN 46590 57172171 false X WWW.GRACE.EDU X 1948 IN GRACE COLLEGE AND SEMINARY STRIVES TO BE AN EVANGELICAL CHRISTIAN COMMUNITY OF HIGHER EDUCATION. 27 27 1275 300 0 0 5485128 8577739 45437137 47253876 83357 191894 0 0 51005622 56023509 14841550 14334491 0 0 14635715 16217325 0 171324 1166542 19110559 21265559 48587824 51988699 2417798 4034810 62666932 71673065 25795407 30214532 36871525 41458533 X GRACE COLLEGE IS AN EVANGELICAL CHRISTIAN COMMUNITY OF HIGHER EDUCATION WHICH APPLIES BIBLICAL VALUES IN STRENGTHENING CHARACTER, SHARPENING COMPETENCE, AND PREPARING FOR SERVICE. GRACE THEOLOGICAL SEMINARY IS A LEARNING COMMUNITY DEDICATED TO TEACHING, TRAINING, AND TRANSFORMING THE WHOLE PERSON FOR LOCAL CHURCH AND GLOBAL MINISTRY. AT GRACE, THE STUDENTS, ADMINISTRATION, FACULTY, AND STAFF AIM TOGETHER TO MAKE CHRIST PREEMINENT IN ALL THINGS. STUDENTS LEARN THIS BY LIVING, STUDYING, WORKING, WORSHIPING AND ACHIEVING ACADEMIC SUCCESS WITH OTHER YOUNG PEOPLE WHO SHARE SIMILAR CHRISTIAN IDEALS IN A SETTING WHERE THE COMMUNITY LIFESTYLE FOSTERS DEVOTION TO SERIOUS ACADEMIC INQUIRY, WHOLESOME RECREATION AND RELAXATION, AND MATURE SPIRITUAL GROWTH. false false 37519031 14334491 37803101 INSTRUCTIONAL PROGRAMS LOCATED ON A 180 ACRE CAMPUS WITH 2 SATELLITE CAMPUSES SERVING NEARLY 2,000 UNDERGRADUATE AND GRADUATE STUDENTS IN OVER 60 MAJORS. GRACE OFFERS A 3 YEAR DEGREE PROGRAM WITH OPPORTUNITY TO EARN A MASTERS DEGREE IN THE 4TH YEAR. EMPHASIS ON A BIBLICAL WORLDVIEW AND STUDENT OWNERSHIP OF PERSONAL FAITH THAT RIGHTLY HANDLES THE SCRIPTURES AS THE INERRANT AND VERBALLY INSPIRED WORD OF GOD. 7250467 9450775 AUXILIARY PROGRAMS OFFERING RESIDENTIAL HOUSING AND MEALS ON 180 ACRE CAMPUS. GRACE OFFERS 16 VARSITY SPORTS AND A VIBRANT INTRAMURAL AND CLUB SPORTING PROGRAM. GRACE HAS 15 PRIMARY STUDENT ORGANIZATIONS AND MANY ACADEMIC CLUBS. 44769498 true true false false false false false true false true true false false false true false false true true false true false false true false false false false true true true false false false false false false false false false false true false false false false true true true false false true 89 0 true 1275 true false false false false false false false false false false false X 27 27 false false false false true true true true true false false true true true true true true true false false IN X ARTHUR J WOODRUFF 5743725100 200 SEMINARY DR WINONA LAKE IN 46590 MR MATT ABERNETHY TRUSTEE 1.0 0.0 X 0 0 0 REV DAN ALLAN TRUSTEE 1.0 1.0 X 0 0 0 MR BOB BISHOP TRUSTEE 1.0 0.0 X 0 0 0 MR BILL BURKE CHAIR 1.0 0.0 X X 0 0 0 MR JOHN CARINI TRUSTEE 1.0 0.0 X 0 0 0 REV KIP CONE TRUSTEE 1.0 1.0 X 0 0 0 DR JIM CUSTER TRUSTEE 1.0 1.0 X 0 0 0 MR GREG DOSMANN TRUSTEE 1.0 0.0 X 0 0 0 MR KEVAN JOHNSTON TRUSTEE 1.0 1.0 X 0 0 0 MR LAMARR LARK TRUSTEE 1.0 0.0 X 0 0 0 MRS PHYLLIS MARWAH TRUSTEE 1.0 0.0 X 0 0 0 REV JOHN MCINTOSH TRUSTEE 1.0 0.0 X 0 0 0 MR MARK MILLER TRUSTEE 1.0 0.0 X 0 0 0 MR STEVE MILLER TRUSTEE 1.0 0.0 X 0 0 0 MRS JANET MINNIX SECRETARY 1.0 0.0 X X 0 0 0 MR LOREN NEUENSCHWANDER TRUSTEE 1.0 0.0 X 0 0 0 MR DAN RENNER TRUSTEE 1.0 0.0 X 0 0 0 MR SCOTT SILVEUS TRUSTEE 1.0 0.0 X 0 0 0 DR JOHN SMITH TRUSTEE 1.0 1.0 X 0 0 0 MR BOB VITOUX VICE CHAIR 1.0 0.0 X X 0 0 0 MRS LETITIA WILLIAMS TRUSTEE 1.0 0.0 X 0 0 0 REV NATHAN ZAKAHI TRUSTEE 1.0 0.0 X 0 0 0 MS JANINE ZELTWANGER TRUSTEE 1.0 1.0 X 0 0 0 REV MIKE YODER TRUSTEE 1.0 1.0 X 0 0 0 MR RANDY LAKE TRUSTEE 1.0 0.0 X 0 0 0 MRS JENNIFER HOLLAR TRUSTEE 1.0 0.0 X 0 0 0 DR RUSSELL WODA TRUSTEE 1.0 0.0 X 0 0 0 DR WILLIAM KATIP PRESIDENT OF GRACE COLLEGE 40.0 5.0 X 267589 0 45651 MR PAUL BLAIR CHIEF FINANCIAL OFFICER 40.0 5.0 X 137850 0 33892 JAMES SWANSON VP OF STUDENT AFFAIRS 40.0 0.0 X 134006 0 24344 STEPHEN GRILL DEAN OF COMMUNITY EDUCATION 40.0 0.0 X 121534 0 32797 JOHN LILLIS PROVOST 40.0 0.0 X 118377 0 28700 TIM ZIEBARTH DEAN OF ONLINE EDUCATION 40.0 0.0 X 117009 0 30967 ANDREW FLAMM VP FOR ADVANCEMENT 40.0 0.0 X 115665 0 30110 1012030 0 226461 11 false true false SODEXO INC 4880 PAYSPHERE CIRCLE CHICAGO IL 60674 FOOD SERVICE 2913831 THE LEARNING HOUSE 427 SOUTH FOURTH STREET SUITE 300 LOUISVILLE KY 40202 ONLINE SERVICES 1852098 ARAMARK SERVICES INC 24818 NETWORK PLACE CHICAGO IL 60673 MAINTENANCE 1746098 WEIGAND CONSTRUCTION CO INC 7808 HONEYWELL DR FORT WAYNE IN 46825 CONSTRUCTION 1241839 ROYALL COMPANY 1920 EAST PARHAM ROAD RICHMOND VA 23228 MARKETING 332915 13 8577739 357459 8577739 TUITION & FEES 611710 36981135 36981135 ROOM, BOARD, FEES 611710 10272741 10272741 47253876 100445 100445 0 0 0 0 0 1240111 1148662 91449 91449 91449 0 0 0 0 0 0 0 0 0 0 56023509 47253876 191894 0 14334491 14334491 0 0 485516 412689 63117 9710 0 12270989 9313355 2415032 542602 418934 418934 2220830 1665623 466374 88833 821056 623610 161260 36186 2356274 2356274 49900 8729 41171 69760 69760 798 798 171324 171324 0 4494428 3643431 787696 63301 155811 114834 40949 28 1350863 938481 335763 76619 706327 412355 260271 33701 0 1680937 1631615 40719 8603 1716652 1535648 135447 45557 0 66429 37921 23091 5417 749951 734989 14962 0 2503908 2453954 49954 239157 72670 166487 FOOD 631456 556093 45337 30026 MEMBERSHIP & DUES 247941 98318 145897 3726 TRINE AND CE NATIONAL TUITION 830857 830857 TEXTBOOKS 928818 928818 2485292 2064743 370438 50111 51988699 44769498 6052659 1166542 X 5594 5694 7875902 7954854 1221793 1888143 872727 866896 0 0 0 0 5243956 5424546 0 0 445641 341571 71114424 26257235 42062197 44857189 3098463 8395007 1578813 1684401 0 0 0 0 261846 254764 62666932 71673065 3781750 3372083 2849368 2909321 414789 400992 17633903 19609718 0 0 0 0 587787 3439321 0 0 527810 483097 25795407 30214532 X 13325635 12278717 13622660 15054474 9923231 14125342 36871525 41458533 62666932 71673065 X 4034810 514275 37923 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X false 12326760 4386666 847829 195064 17366191 11495508 849547 231896 250191 12326760 10774417 520361 400713 199984 11495507 10038098 297712 549363 110756 10774417 9892858 50273 509582 414615 10038098 0.02000 0.80000 0.18000 true false 173161 173161 51492403 15617652 35874751 8185702 3379721 4805981 9509884 6660299 2849585 1753274 599563 1153711 44857189 0 ANNUITIES & TRUSTS PAYABLE 483097 483097 42241216 514275 37923 552198 41689018 14334491 14334491 56023509 37654208 37654208 14334491 14334491 51988699 SCHEDULE D, PART III, LINE 1A COLLECTIONS OF HISTORICAL TREASURES AND SIMILAR ASSETS ARE NOT CAPITALIZED INASMUCH AS THE ITEMS ARE PRESERVED AND CARED FOR CONTINUOUSLY. PURCHASES OF COLLECTION ITEMS ARE REPORTED IN THE YEAR OF ACQUISITION AS DECREASES IN UNRESTRICTED NET ASSETS, OR IN TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS WERE RESTRICTED TO THAT USE BY DONOR STIPULATION. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT REPORTED IN THE FINANCIAL STATEMENTS. PROCEEDS FROM DISPOSAL OF, AND INSURANCE RECOVERIES RELATED TO COLLECTION ITEMS ARE REPORTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. THE SCHOOL'S COLLECTIONS CONSIST OF THE HOME AND ORIGINAL HOUSEHOLD FURNISHINGS OF BILLY SUNDAY, A NOTED EVANGELIST IN THE EARLY 20TH CENTURY. THE ITEMS ARE SUBJECT TO A POLICY THAT PRESERVES THESE ITEMS AND THE MEMORY OF BILLY SUNDAY'S MINISTRY AND HIS EFFECT ON 20TH CENTURY CHRISTIANITY. NO COLLECTION ITEMS WERE SOLD OR REMOVED IN 2016. SCHEDULE D, PART III, LINE 4 THE ORGANIZATION HOLDS SEVERAL HISTORICAL BIBLICAL DOCUMENTS THAT ARE USED IN RESEARCH FOR THE ORGANIZATION'S SEMINARY AND OTHER INTERESTED PARTIES. THE SCHOOL HOLDS PERSONAL BELONGINGS OF NOTED 20TH CENTURY EVANGELIST BILLY SUNDAY, ALSO USED IN RESEARCH FOR STUDENTS AND OTHER INTERESTED PARTIES. SCHEDULE D, PART V, LINE 4 TO FUND SCHOLARSHIPS AND OTHER DESIGNATED PROGRAM RELATED EXPENSES. ASC 740 FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. PART XI LINE 2D CHANGE IN VALUE OF ANNUITIES & TRUSTS $37,923 LINE 4B STUDENT FINANCIAL AID $14,334,491 PART XII LINE 4B STUDENT FINANCIAL AID $14,334,491 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 NONDISCRIMINATION POLICIES ARE INCLUDED IN ALL MATERIALS AVAILABLE TO THE PUBLIC. SCHEDULE E, PART I, LINE 6A GRACE SCHOOLS PARTICIPATES IN THE FEDERAL STUDENT AID PROGRAM ADMINISTERED THROUGH THE U.S. DEPARTMENT OF EDUCATION. GRACE STUDENTS WHO QUALIFY RECEIVE PELL GRANTS AND FEDERAL STUDENT LOANS AS WELL AS AID AND LOANS FROM CAMPUS-BASED PROGRAMS SUCH AS PERKINS, SEOG AND FEDERAL WORK STUDY. QUALIFIED STUDENTS ALSO RECEIVE FUNDING FROM INDIANA'S STATE STUDENT ASSISTANCE COMMISSION. EAST ASIA AND THE PACIFIC PROGRAM SERVICES ONLINE PROGRAMS 224606 224606 224606 false false false false false false X X X X X X true JOHNSON GROSSNICKLE AND ASSOCIATES CONSULTING false 77228 212 MEDIA STUDIOS MARKETING false 94096 171324 IN true SCHOLARSHIPS 1565 14334491 SCHEDULE I, PART I, LINE 2 STUDENT FINANCIAL AID IS MONITORED BY INSTITUTIONAL GUIDELINES AND A COMMITTEE OF EMPLOYEES WITH RESPONSIBILITY TO ENSURE THE INSTRUCTION GUIDELINES ARE PROPERLY FOLLOWED. X true true X X X X true false false false false false false false false DR WILLIAM KATIP PRESIDENT OF GRACE COLLEGE 209830 0 17481 0 40278 0 23307 0 22344 0 313240 0 MR PAUL BLAIR CHIEF FINANCIAL OFFICER 130212 0 7500 0 138 0 9235 0 24657 0 171742 0 JAMES SWANSON VP OF STUDENT AFFAIRS 67565 0 0 0 66441 0 5885 0 18459 0 158350 0 STEPHEN GRILL DEAN OF COMMUNITY EDUCATION 120894 0 0 0 640 0 8140 0 24657 0 154331 0 SCHEDULE J, PART II, COLUMN B JAMES SWANSON RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $66,205 DURING 2016 WHICH IS REPORTED ON PT. II, COLUMN (B)(III). A TOWN OF WINONA LAKE INDIANA ECONOMIC DEVELOPMENT 356001243 2015-04-27 10950000 BUILDING false false false B TOWN OF WINONA LAKE INDIANA ECONOMIC DEVELOPMENT 356001243 2015-09-30 10000000 BUILDING false false false A 783562 0 10950000 0 0 0 0 0 0 0 0 0 false false true true B 239976 0 10000000 0 0 0 0 0 0 0 0 0 false false true true A false false false false 0 false false false true B false false false false 0 false false false true A false true true false 0 false 0 false false B false true true false 0 false 0 false false A false B false X 1 28055 FAIR MARKET VALUE X 8 329404 FAIR MARKET VALUE false true false FORM 990, PART VI, SECTION A, LINE 6 INDIVIDUAL DONORS WHO ARE A MEMBER OF A CHURCH IN THE FELLOWSHIP OF GRACE BRETHREN CHURCHES AND CONTRIBUTE $25 OR MORE IN A CALENDAR YEAR BECOME CORPORATION MEMBERS FOR THAT YEAR. INDIVIDUAL DONORS WHO ARE A MEMBER OF A CHURCH IN THE FELLOWSHIP OF GRACE BRETHREN CHURCHES AND CONTRIBUTE $1,000 OR MORE IN ANY CALENDAR YEAR BECOME CORPORATION MEMBERS FOR LIFE. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF TRUSTEES SUBMITS A BALLOT OF NOMINEES AT THE ANNUAL CORPORATION MEETING. THE CORPORATION MEMBERS PRESENT AT THE CORPORATION MEETING APPROVE THE BALLOT OF NOMINEES. ALL CORPORATION MEMBERS OF RECORD RECEIVE BALLOTS AND ELECT TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS MUST APPROVE ALL CHANGES TO THE ARTICLES OF INCORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE CFO AND PRESIDENT REVIEW THE 990 ALONG WITH AN INDEPENDENT CPA FIRM. THE BOARD OF TRUSTEES ARE THEN PROVIDED AN ELECTRONIC COPY FOR REVIEW PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF TRUSTEES COMPLETE A CONFLICT OF INTEREST STATEMENT EACH YEAR. ANY POTENTIAL CONFLICTS OF INTEREST ARE IDENTIFIED, INVESTIGATED AND RESOLVED. FORM 990, PART VI, SECTION B, LINE 15A A COMPARISON OF CCCU PRESIDENTS' SALARIES IS PROVIDED TO THE PRESIDENTIAL CARE COMMITTEE OF THE BOARD OF TRUSTEES. THE PRESIDENTIAL CARE COMMITTEE SETS THE PRESIDENT'S ANNUAL SALARY. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART X CERTAIN RECLASSIFICATIONS HAVE BEEN MADE TO THE 2016 FINANCIAL STATEMENTS TO CONFORM TO THE 2017 FINANCIAL STATEMENT PRESENTATION. THE RECLASSIFICATIONS WERE A RESULT OF THE ADOPTION OF ASU 2015-03, 'INTEREST - IMPUTATION OF INTEREST (SUBTOPIC 835-30): SIMPLIFYING THE PRESENTATION OF DEBT ISSUANCE COSTS.' THE RECLASSIFICATIONS WERE DEEMED TO BE IMMATERIAL AND HAD NO EFFECT ON THE CHANGE IN NET ASSETS. THESE HAVE BEEN RECORDED APPROPRIATELY ON PART X. FORM 990, PART XI, LINE 9 RECONCILIATION OF NET ASSETS CHANGE IN VALUE OF ANNUITIES & TRUSTS 37,923 GRACE COMMUNITY EDUCATION 200 SEMINARY DRIVE WINONA LAKE IN 46590 460695402 EDUCATION IN 501(C)(3) 2 GRACE SCHOOL true INDEPENDENT COLLEGES OF INDIANA INC 30 SOUTH MERIDIAN STREET SUITE 800 INDIANAPOLIS IN 46204 310901001 EDUCATION IN 501(C)(3) 12A N/A false CHARITABLE REMAINDER TRUST CHAR. REM. TRUST IN NA false false false false false false false false false false false false false false true true false false false false