2018-04-12T21:14:29-05:00 2017-05-31 363990892 Capin Crouse LLP 1255 Lakes Parkway Suite 130 Lawrenceville GA 30043 990 2016-06-01 570314406 North Greenville University NORT 8649777000 PO Box 1892 Tigerville SC 29688 Michelle Sabou VP for Business Affairs 8649777000 2018-04-12 1 David C Moja P00747006 6785185301 139.146.132.42 2018-04-12 20:11:01 MD P 3FA434133A238730998D7A9D41C1B7FA54277518 99F5C4A521FAC7ABC839E543257437D21B020540 2016 2021-01-29 14:40:06Z Dr Gene Fant PO Box 1892 Tigerville SC 29688 60072210 0 X www.NGU.edu X 1892 SC The University offers a quality education in a biblically sound, Christ-centered environment. 23 22 1176 100 0 0 3698218 2944393 54546730 54895558 244855 250195 402784 296090 58892587 58386236 18350577 16609151 0 0 23673970 23857158 0 0 532882 18068836 18529829 60093383 58996138 -1200796 -609902 112219037 111620933 8923946 8163697 103295091 103457236 X North Greenville University believes that the truths found in Holy Scriptures permeate every aspect of reality. All truth is ultimately from God. Therefore, a commitment to academic excellence can be an integral component in the maturation of one's faith. Faculty members meet regularly to study ways in which matters of faith can be brought into the classroom experience. Students are encouraged to participate in the process of integrating faith and learning. North Greenville University strives to be a place where graduates will leave with both and understanding of their chosen fields of endeavor and an appreciation for how the truths of scripture apply to those areas. The University offers the following degrees: the Bachelor of Arts degree, the Bachelor of Science degree, the Master of Business Administration degree, and the Master of Christian Ministries degree. Within the undergraduate degrees there are 36 program options and choices of major. 0 0 54431374 16609151 55207091 The University is a co-educational liberal arts university offering graduate and undergraduate degrees. It has Level V membership in the Commission of Colleges of the Southern Association of Colleges and Schools. The University's purpose is to provide opportunities for higher education in a Christian atmosphere. The University provided education services to 2,434 students. 54431374 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 0 1 1 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 1 0 1 0 0 0 0 1 1 1 0 0 1 3393 0 1 1176 1 0 0 0 0 0 1 1 0 0 0 0 0 X 23 22 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X Michelle Sabou 8649777000 PO Box 1892 Tigerville SC 29688 William Tyler Chairman/Vice Chairman 1.00 X X 0 0 0 Laura Messer Vice Chairman 1.00 X X 0 0 0 Beverly N Hawkins Secretary/Chairman 1.00 X X 0 0 0 Rev Travis Agnew Trustee 1.00 X 0 0 0 Rodney Back Trustee 1.00 X 0 0 0 Rev Seth Buckley Trustee 1.00 X 0 0 0 David Charpia Trustee 1.00 X 0 0 0 Rebecca Coleman Trustee 1.00 X 0 0 0 Jimmy Cox Trustee 1.00 X 0 0 0 Betty Jo Craft Trustee 1.00 X 0 0 0 James Cudd Trustee 1.00 X 0 0 0 Ronald Edwards Trustee 1.00 X 0 0 0 Lucian R Lee Jr Trustee 1.00 X 0 0 0 Greg Mathis Trustee 1.00 X 0 0 0 Dr Lee McCormick Trustee 1.00 X 0 0 0 Claude Tackett Trustee 1.00 X 0 0 0 Dr Melvin K Younts Trustee 1.00 X 0 0 0 Dr Elton Todd Trustee 1.00 X 0 0 0 Mike Hamrick Trustee 1.00 X 0 0 0 Edwin Leap Trustee 1.00 X 0 0 0 Robert Jackson Trustee 1.00 X 0 0 0 Pierce Williams Trustee 1.00 X 0 0 0 William Knupp Trustee 1.00 X 0 0 0 Daniel Boling Trustee (part year) 1.00 X 0 0 0 Lee Capell Trustee (part year) 1.00 X 0 0 0 David Edwards Trustee (part year) 1.00 X 0 0 0 Mark Ells Trustee (part year) 1.00 X 0 0 0 Arnold Emery Trustee (part year) 1.00 X 0 0 0 Gary Glenn Trustee (part year) 1.00 X 0 0 0 Dr Randall Pannell Interim President & VP Ac. 40.00 X 192216 0 30137 Linwood Hagin AVP Academics 40.00 X 98090 0 21243 C Michelle Sabou VP for Business Affairs 40.00 X 112482 0 31236 Tim Huggins VP Information Technology 40.00 X 106184 0 24181 Anthony Beam VP Student Services 40.00 X 114717 0 20855 Stephen Crouse VP Campus Ministries 40.00 X 105993 0 33328 Mayson Easterling VP for Denominational Relations 40.00 X 109915 0 30279 Keli Sewell VP of Admission & FA 40.00 X 160673 0 32357 J Sam Isgett VP for Graduate Programs 40.00 X 111289 0 17147 Thomas Allen Dean College of Science & Math 40.00 X 125212 0 20667 Gregory Davenport Associate Dean of Health Professions 40.00 X 153722 0 14003 Christine T Otruba Director of PA Program 40.00 X 157728 0 17256 Dr James Epting Former President 0.00 X 387121 0 8816 1935342 0 301505 12 1 1 0 Aramark Corporation PO Box 198532 Atlanta GA 30384 Food Services 3655970 The Budd Group PO Box 890856 Charlotte NC 28289 Janitorial Services 1197572 Jenzabar PO Box 55018 Boston MA 02205 Software Services 313406 Womble Carlyle Sandridge & Rice LLP PO Box 601879 Charlotte NC 28260 Legal Services 263604 Mack Lindsey Grading LLC PO Box 99 Tigerville SC 29688 Grading Services 263231 22 66838 1193196 139250 1545109 175232 2944393 Tuition and fees 900099 38316554 38316554 Auxiliary revenue 900099 15696525 15696525 Other income 900099 882479 882479 54895558 661905 661905 444213 805681 50242 -361468 -50242 -411710 -411710 10501 66838 25944 -15443 -15443 1115640 804107 311533 311533 58386236 55207091 0 234752 16609151 16609151 1745764 1547228 168838 29698 83646 82496 1150 17461250 15728646 1476930 255674 754983 668849 73250 12884 2202667 1950431 214506 37730 1608848 1425882 155597 27369 264136 23446 240690 64200 64200 150190 150190 486468 412545 73923 364995 324613 37880 2502 1963708 1780063 82798 100847 439180 439180 533204 521901 11303 398457 370938 20601 6918 16555 15412 856 287 7459 7139 277 43 2341960 2241448 86985 13527 523656 523656 Repairs & maintenance 6672524 6400008 236610 35906 Food services 2997602 2542087 455515 Bad debt expenses 177045 177045 1128490 816255 303888 8347 58996138 54431374 4031882 532882 6997877 7863385 6408841 3343668 2333269 560584 500 0 12885 12261 534493 613466 4233 110027 89565628 27209341 61862538 62356287 16600514 19267158 15525186 15543868 1938701 1950229 112219037 111620933 2794513 3386004 4121537 3813681 302431 263155 324306 249306 1381159 451551 8923946 8163697 X 70058497 68097393 12001715 13852083 21234879 21507760 103295091 103457236 112219037 111620933 X -609902 2238655 -1466608 X X 0 1 X 1 1 1 X 8817750 10953715 5071299 3698218 2944393 31485375 8817750 10953715 5071299 3698218 2944393 31485375 7886693 23598682 573049 825025 710377 666594 661905 3436950 79429 86375 82215 35580 25944 309543 35231868 256136122 0.66980 0.65400 X Schedule A, Part II, Line 10, Explanation of Other Income: Fundraising - 2012 Amount: $ 79,429. 2013 Amount: $ 86,375. 2014 Amount: $ 82,215. 2015 Amount: $ 35,580. 2016 Amount: $ 25,944. 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 38200 90933 0 25829511 314976 2265824 54023 28356288 28200202 167717 -1050933 1487475 25829511 26137823 793104 1417232 147957 28200202 20918556 3112855 2253765 27902 119451 26137823 16632823 1839690 2537892 40775 51074 20918556 0.06490 0.69160 0.24350 0 1 1 5298644 2786848 8085492 66503393 18462919 48040474 13786254 8746422 5039832 1190489 1190489 62356287 34888 C Cash value of life insurance 521877 F Baptist Foundation 8659564 F Alternative investments 1673183 F Commodities 135162 F REITs 121172 F Cash equivalents 4398022 F 15543868 Student deposits 61233 Trust liability 54090 Funds held for others 336228 451551 Part V, Line 4: The majority of the University's endowment earnings is used to provide scholarship assistance. A small portion of earnings are used to provide programs as designated by donors and the Board of Trustees. 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 non-discrimination policy is included in the catalog that goes to all prospective students and that is included on the University website. This information is also included in all admissions materials. Schedule E, Part I, Line 6 Federal financial aid funds under Title IV are received by the University and are awarded and disbursed to its students. Central America and the Caribbean 0 0 Program Services Study Abroad 17000 Middle East and North Africa 0 0 Program Services Study Abroad 8430 South America 0 0 Program Services Study Abroad 39507 South Asia 0 0 Program Services Study Abroad 7198 Europe (Including Iceland & Greenland) 0 0 Program Services Study Abroad 13250 0 0 0 0 0 0 85385 0 85385 0 0 0 0 0 0 Part I, line 3: Accrual method is used to account for foreign expenditures. Golf tournament - Crusader Club 50100 43230 6870 2000 2200 13413 3634 Golf tournament - Marion Moorhead 27239 23608 3631 3855 842 77339 66838 10501 2000 2200 17268 4476 25944 -15443 1 Scholarships 2081 16609151 Part I, Line 2: The financial aid planning office requires students to complete the free application for federal student aid (FAFSA) form to determine eligibility for federal, state and institutional grants, scholarships and loans. This is an equitable formula that measures all assets consistently. In addition to this form, the institution does require some other guidelines in the event that funds are offered based on certain academic credentials or performance in a university sponsored activity or athletic event. These credentials are clearly stated in the university catalog and the university website. Enrollment and eligibility are monitored by the University. X 1 1 X X X 1 0 0 0 0 0 0 0 0 Dr Randall Pannell Interim President & VP Ac. 192216 0 0 0 0 0 8721 0 21636 0 222573 0 0 0 Keli Sewell VP of Admission & FA 160673 0 0 0 0 0 13612 0 18965 0 193250 0 0 0 Gregory Davenport Associate Dean of Health Professions 153722 0 0 0 0 0 1597 0 12626 0 167945 0 0 0 Christine T Otruba Director of PA Program 157728 0 0 0 0 0 70 0 17406 0 175204 0 0 0 Dr James Epting Former President 0 0 0 0 387121 0 0 0 9036 0 396157 0 0 0 Part I, Line 1a The President is required to live on the University's main campus. The home meets the requirements of Section 119 of the code and the value is considered nontaxable. A nontaxable housing allowance is also provided to the VP of Business Affairs, VP of Denomenational Relations, and the VP of Academics who are required to live on campus by the University to complete their job duties and respond in emergency situations. All of the houses are on campus and are University property. Part I, Line 4a Dr. Epting, former president, received severance payments totaling $387,121 during the fiscal year ending 5/31/17. 31346 Scholarships Tuition Assistance 22945 Grants Assistance Vlad Sabou Family Member of Michelle Sabou, VP of Business Affairs 48511 W-2 and Benefits 0 Kristen Cooke Family Member of Beverly Hawkin's, Secretary 33985 W-2 and Benefits 0 X 1 38200 Cost X 3279 Fair market value X 109703 Fair market value X 3 19099 Fair market value X 1 4950 Fair market value 0 0 1 0 Form 990, Part VI, Section A, line 1 The Executive Committee is composed of the Chairman, the Vice Chairman, the Secretary, two members-at-large, and the Chairman of each of the other board committees. When the board is not in session, the Executive Committee has the authority to: a) Discharge such duties as the board may assign from time to time and submit a report of its action at the next meeting of the board. b) Review and approve the annual budget prepared by the President and recommend the budget to the entire board for final action. c) Except as limited by these bylaws, or the board itself, have general oversight over matters relating to finance, and implement the fiscal policies of the board. d) Initiate and implement long-range planning for the institution. e) Through the President, serve as the avenue of communication between the board, the faculty, staff, and student body. f) Serve as a grievance committee on complaints received through the office of the President from member of the faculty or staff at the executive committee's initiative or at the request of the President. Form 990, Part VI, Section A, line 7a The governing body of North Greenville University is vested in a Board of Trustees, elected by the South Carolina Baptist Convention in the manner and for the terms prescribed in the charter of the institution, in accordance with the action of the Convention. The South Carolina Baptist Convention is an association of cooperating churches which meets annually for two days to conduct Convention business. Each church that contributes to the Cooperative Program and adheres to the Baptist Faith and Message 2000 is allowed to send a delegation of messengers to the annual meeting. Messengers register in advance and credentials are issued (including voting ballots) to qualified messengers. The Messengers elect the trustees of North Greenville University. Form 990, Part VI, Section B, line 11b The 990 is prepared by an independent CPA firm and reviewed in detail by the Organization's top management. Every member of the governing body is provided with a copy of the 990 prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The trustees and officers must sign a conflict of interest policy annually. The conflict of interest disclosure forms are then reviewed by the VP for Business Affairs. Any conflicts are disclosed to the President and the Chairman of the Board. If a matter related to a conflict is considered by the Board, the Board Member with the conflict will recuse him or herself. Form 990, Part VI, Section B, line 15 The Executive Committee of the independent Board of Trustees reviews the salary and benefits of the President and decides what the new contract amounts will be using comparability data from colleges with similar budgets. This process is documented in the committee minutes. The salary of the Officers is reviewed annually by the independent Board during budget approval. The Officers are typically eligible to receive the same rate of merit increases as other employees, and the final salary decisions for the Officers is made by the President. This process is documented in board minutes as part of the annual budget process. Form 990, Part VI, Section C, line 19 At this time, the University does not make available to the public its governing documents, conflict of interest policy, and financial statements. Form 990, Part XI, line 9: Change in value of trust 11,528. Unrealized loss on assets held for sale -815,433. Loss on impairment of equipment -662,703. Form 990, Part XII, line 2c: The University's Board assumes oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year. Form 990, Part VI, Line 7a/7b: The University is an institution of the South Carolina Baptist Convention (Convention). The Convention appoints the University's 25 trustees and must approve all changes or amendments to the University's charter. Crusader Mountie LLC PO BOX 332 Tigerville SC 29688 471461194 Wastewater Treatment SC 116010 584151 North Greenville Univ South Carolina Baptist Convention 190 Stoneridge Drive Columbia SC 29210 570360087 Association of Southern Baptist Churches SC 501(c)(3) 1 N/A 0 The Baptist Foundation of South Carolina 190 Stoneridge Drive Columbia SC 29210 570348054 Institution of SCBC designated for the management of trust funds SC 501(c)(3) 1 South Carolina Baptist Convention 0 Living Trust (1) Irrevocable Living Trust SC North Greenville University T 0 Charitable Remainder Unitrust (5) Charitable Remainder Unitrust SC North Greenville University T 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 South Carolina Baptist Convention C