SWEET BRIAR INSTITUTE: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- SWEET BRIAR INSTITUTE (EIN 54-0534105)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2018-05-14
- IRS object ID
- 201801349349309290
- Schema version
- 2016v3.1
- 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 I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-05-14T19:30:01-05:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1100 Peachtree Street Suite 700 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 303094516 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 540534105 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sweet Briar Institute | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % MARY N WOERNER | InCareOfNm |
| Business Name Control | SWEE | BusinessNameControlTxt |
| Phone | 4343816353 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1051 | AddressLine1Txt |
| City | Sweet Briar | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 245951051 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LORI A HUSEIN | PersonNm |
| Person Title | VP of FINANCE/ADmin | PersonTitleTxt |
| Phone | 6262444355 | PhoneNum |
| Signature | 2018-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Sandra L Feinsmith | PreparerPersonNm |
| PTIN | P01064157 | PTIN |
| Phone | 4046886841 | PhoneNum |
| Preparation | 2018-05-14 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 38.140.171.210 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 58727420181345000006 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2018-05-14 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 0F6B0BFA641E77FE2E9494698E1B6FC54D018930 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 4DB68E9310AB6A0CC47BBA369B123970E8804FD7 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Meredith Woo | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1051 | AddressLine1Txt |
| City | Sweet Briar | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 245951051 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $51,152,253 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.sbc.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1901 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE A LIBERAL ARTS EDUCATION TO STUDENTS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 21 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 19 | VotingMembersIndependentCnt |
| Total Employee | 728 | TotalEmployeeCnt |
| Total Volunteers | 1000 | TotalVolunteersCnt |
| Total Gross UBI | $552,589 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$28,344 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $14,359,699 | PYContributionsGrantsAmt |
| CY Contributions Grants | $18,409,443 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $13,926,448 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $17,450,687 | CYProgramServiceRevenueAmt |
| PY Investment Income | $673,028 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,274,103 | CYInvestmentIncomeAmt |
| PY Other Revenue | $907,749 | PYOtherRevenueAmt |
| CY Other Revenue | $3,165,754 | CYOtherRevenueAmt |
| PY Total Revenue | $29,866,924 | PYTotalRevenueAmt |
| CY Total Revenue | $42,299,987 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $6,323,471 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $8,204,556 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $14,055,632 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $17,946,148 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,478,842 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $13,492,504 | PYOtherExpensesAmt |
| CY Other Expenses | $12,733,466 | CYOtherExpensesAmt |
| PY Total Expenses | $33,871,607 | PYTotalExpensesAmt |
| CY Total Expenses | $38,884,170 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$4,004,683 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,415,817 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $143,637,749 | TotalAssetsBOYAmt |
| Total Assets EOY | $144,166,331 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $27,185,350 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $17,073,304 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $116,452,399 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $127,093,027 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $1,152,809 | ExpenseAmt |
| Revenue | $12,625,535 | RevenueAmt |
| Desc | INSTRUCTION: TO PROVIDE A LIBERAL ARTS EDUCATION FOR ALL STUDENTS. BENEFITS APPROXIMATELY 325 STUDENTS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $5,706,467 | ExpenseAmt |
| Revenue | $5,163,982 | RevenueAmt |
| Desc | AUXILIARY ENTERPRISES: TO PROVIDE STUDENTS WITH HOUSING, FOOD SERVICES, RECREATION AND INSTRUCTIONAL MATERIALS. BENEFITS APPROXIMATELY 325 STUDENTS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $8,204,556 | ExpenseAmt |
| Grant | $8,204,556 | GrantAmt |
| Desc | SCHOLARSHIPS: To provide scholarships to students with both financial need as well as academic excellence. Benefits approximately 325 students. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (7 entries)
| ExpenseExpenseAmt | RevenueRevenueAmt | DescDesc |
|---|---|---|
| $3,334,330 | $2,274,335 | Student Services: To provide admissions support |
| and student life activities. Benefits | ||
| approximately 325 students. | ||
| $2,526,398 | Academic Support: To provide administration and | |
| research facilities, such as the library and | ||
| computer labs for students. Benefits | ||
| approximately 325 students. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $5,860,728 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $2,274,335 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $20,924,560 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (true) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 144 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 728 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | FR | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 21 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 19 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARY N WOERNER | PersonNm |
| Phone | 4343816353 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1051 | AddressLine1Txt |
| City | SWEET BRIAR | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 245951051 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (30 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| MR ANDREW BENJAMIN | |||||||||
| Director | 4.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| MS JACQUELYNE E BULLETT | |||||||||
| Director | 4.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| MRS LEAH A BUSQUE | |||||||||
| Director | 4.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| MS ALICE DIXON | |||||||||
| Director | 4.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| MR WILLIAM DRAKE JR | |||||||||
| Director | 4.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| DR MARIANNE C FAHS | |||||||||
| Director | 4.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| MRS KELLY M FITZPATRICK | |||||||||
| Director | 4.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| CAROL MCMURTRY FOWLER | |||||||||
| Director | 4.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| MS MARTHA S FRUEHAUF | |||||||||
| Director | 4.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| MRS SUNY MONK | |||||||||
| Director | 4.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| MR BERNARD A NIEMEIER | |||||||||
| Director | 4.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| MR FRANK W ROACH | |||||||||
| Director | 4.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| MRS MASON BENNETT RUMMEL | |||||||||
| Director | 4.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| MS ALLIE SIMON | |||||||||
| Director | 4.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| MS MARCIA J THOM-KALEY | |||||||||
| Director | 4.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| MRS TERESA TOMLINSO | |||||||||
| Director | 4.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| MS GEORGENE M VAIRO | |||||||||
| Director | 4.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| MISS CECELIA VALENTINE | |||||||||
| Director | 4.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| MISS ELINOR WARNER | |||||||||
| Director | 4.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| DR MARSHALYN YEARGIN-ALLSOPP | |||||||||
| Director | 4.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Mr Phillip C Stone | |||||||||
| President | 40.0 | 0.0 | Yes (X) | $260,859 | $0 | $0 | Yes (X) | ||
| Nancyellen Keane | |||||||||
| Vice President | 40.0 | 0.0 | $191,056 | $0 | $0 | Yes (X) | |||
| Mary Pope Hutson | |||||||||
| VP of Alumnae & Development | 40.0 | 0.0 | $190,489 | $0 | $0 | Yes (X) | |||
| Mr Timothy E Klocko | |||||||||
| Vice President, finance | 40.0 | 0.0 | $115,974 | $0 | $0 | Yes (X) | |||
| Gail D Payne | |||||||||
| Asst VP of Finance & Admin | 40.0 | 0.0 | $170,733 | $0 | $0 | Yes (X) | |||
| Pamela DeWeese | |||||||||
| Academic Dean | 40.0 | 0.0 | $117,118 | $0 | $0 | Yes (X) | |||
| Henry M Yochum | |||||||||
| Professor | 40.0 | 0.0 | $103,125 | $0 | $0 | Yes (X) | |||
| John Jaffe | |||||||||
| Professor | 40.0 | 0.0 | $102,512 | $0 | $0 | Yes (X) | |||
| James Jones | |||||||||
| President | 40.0 | 0.0 | $152,250 | $0 | $0 | Yes (X) | |||
| Elisabeth S Muhlenfeld | |||||||||
| Former President | 40.0 | 0.0 | $118,111 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,522,227 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 10 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Collegiate Clean Energy LLC | |||||
| 2250 Dabney Road | RICHMOND | VA | 23230 | Energy Broker | $645,402 |
| Storbeck Pimental and Assoc | |||||
| 1400 North Providence Rd | MEDIA | PA | 19063 | Exec Search Firm | $156,286 |
| Capture LLC | |||||
| 2303 River Road Suite 201 | LOUISVILLE | KY | 40206 | computer services | $149,900 |
| Fifth Postulate LLC | |||||
| PO Box 3266 | RADFORD | VA | 24141 | Consultant | $120,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $180,791 | GovernmentGrantsAmt |
| All Other Contributions | $18,228,652 | AllOtherContributionsAmt |
| Noncash Contributions | $3,096,908 | NoncashContributionsAmt |
| Total Contributions | $18,409,443 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611710 | $12,458,407 | $12,458,407 |
| STUDENT SERVICES | 611710 | $4,325,375 | $4,325,375 |
| ADMIN. REVENUE | 611710 | $286,018 | $286,018 |
| SALES & SERVICES | 611710 | $371,732 | $371,732 |
| LATE FEES & FINES | 611710 | $9,155 | $9,155 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $17,450,687 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $555,747 | TotalRevenueColumnAmt |
| Exclusion | $555,747 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $9,000,915 | SecuritiesAmt |
| Other | $2,569,707 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,852,266 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $148,649 | SecuritiesAmt |
| Other | $2,569,707 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,718,356 | TotalRevenueColumnAmt |
| Exclusion | $2,718,356 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $0 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| ALUMNAE ASSOCIATION | 611710 | $71,602 | $71,602 | |
| FLORENCE ELSTON INN | 721110 | $501,901 | $501,901 | |
| FARM AND CELL TOWER | 517000 | $50,688 | $50,688 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,541,563 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,541,563 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $3,165,754 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $42,299,987 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $20,063,852 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $552,589 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,274,103 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,154,055 | TotalAmt |
| Program Services | $8,154,055 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,501 | TotalAmt |
| Program Services | $50,501 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,472,228 | TotalAmt |
| Program Services | $322,755 | ProgramServicesAmt |
| Management And General | $958,984 | ManagementAndGeneralAmt |
| Fundraising | $190,489 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,378,706 | TotalAmt |
| Program Services | $7,219,537 | ProgramServicesAmt |
| Management And General | $4,992,266 | ManagementAndGeneralAmt |
| Fundraising | $1,166,903 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $181,059 | TotalAmt |
| Program Services | $89,203 | ProgramServicesAmt |
| Management And General | $78,083 | ManagementAndGeneralAmt |
| Fundraising | $13,773 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,125,317 | TotalAmt |
| Program Services | $1,096,489 | ProgramServicesAmt |
| Management And General | $852,358 | ManagementAndGeneralAmt |
| Fundraising | $176,470 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $788,838 | TotalAmt |
| Program Services | $346,140 | ProgramServicesAmt |
| Management And General | $389,323 | ManagementAndGeneralAmt |
| Fundraising | $53,375 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $226,986 | TotalAmt |
| Management And General | $226,986 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $107,621 | TotalAmt |
| Management And General | $107,621 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $82,870 | TotalAmt |
| Management And General | $82,870 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,793,183 | TotalAmt |
| Program Services | $293,979 | ProgramServicesAmt |
| Management And General | $2,030,817 | ManagementAndGeneralAmt |
| Fundraising | $468,387 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,059 | TotalAmt |
| Program Services | $2,169 | ProgramServicesAmt |
| Management And General | $17,487 | ManagementAndGeneralAmt |
| Fundraising | $18,403 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $951,162 | TotalAmt |
| Program Services | $357,912 | ProgramServicesAmt |
| Management And General | $344,544 | ManagementAndGeneralAmt |
| Fundraising | $248,706 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $443,130 | TotalAmt |
| Program Services | $275,049 | ProgramServicesAmt |
| Management And General | $157,134 | ManagementAndGeneralAmt |
| Fundraising | $10,947 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,256,146 | TotalAmt |
| Management And General | $1,256,146 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $764,384 | TotalAmt |
| Program Services | $387,118 | ProgramServicesAmt |
| Management And General | $251,652 | ManagementAndGeneralAmt |
| Fundraising | $125,614 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,587 | TotalAmt |
| Program Services | $13,814 | ProgramServicesAmt |
| Management And General | $16,998 | ManagementAndGeneralAmt |
| Fundraising | $5,775 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $915,158 | TotalAmt |
| Management And General | $915,158 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,508,587 | TotalAmt |
| Program Services | $871,787 | ProgramServicesAmt |
| Management And General | $636,800 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $288,874 | TotalAmt |
| Management And General | $288,874 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| ADMINISTRATIVE EXPENSES | $2,267,554 | $1,193,795 | $1,073,759 |
| REPAIRS AND MAINTENANCE | $965,365 | $250,257 | $715,108 |
| OTHER EXPENSE | $87,800 | $87,800 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,884,170 | TotalAmt |
| Program Services | $20,924,560 | ProgramServicesAmt |
| Management And General | $15,480,768 | ManagementAndGeneralAmt |
| Fundraising | $2,478,842 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,517,632 | BOYAmt |
| EOY | $8,761,716 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,978,523 | BOYAmt |
| EOY | $7,142,971 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $341,351 | BOYAmt |
| EOY | $375,201 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,844,803 | BOYAmt |
| EOY | $1,676,896 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $77,320 | BOYAmt |
| EOY | $72,653 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,579 | BOYAmt |
| EOY | $254,510 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $98,181,991 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $44,524,539 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,972,362 | BOYAmt |
| EOY | $53,657,452 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,135,271 | BOYAmt |
| EOY | $57,052,287 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,388,235 | BOYAmt |
| EOY | $6,384,256 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,351,673 | BOYAmt |
| EOY | $8,788,389 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $143,637,749 | BOYAmt |
| EOY | $144,166,331 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,125,711 | BOYAmt |
| EOY | $921,520 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $256,126 | BOYAmt |
| EOY | $288,692 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,909,765 | BOYAmt |
| EOY | $14,404,991 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,893,748 | BOYAmt |
| EOY | $1,458,101 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,185,350 | BOYAmt |
| EOY | $17,073,304 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,403,788 | BOYAmt |
| EOY | $42,968,772 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,728,617 | BOYAmt |
| EOY | $31,312,914 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,319,994 | BOYAmt |
| EOY | $52,811,341 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $116,452,399 | BOYAmt |
| EOY | $127,093,027 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $143,637,749 | BOYAmt |
| EOY | $144,166,331 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $3,415,817 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $7,224,811 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | 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 (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
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 | $7,640,014 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,159,858 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,694,413 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $14,359,699 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $18,409,443 | CurrentTaxYearAmt |
| Total | $62,263,427 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,640,014 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,159,858 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,694,413 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $14,359,699 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $18,409,443 | CurrentTaxYearAmt |
| Total | $62,263,427 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $3,552,956 | SubstantialContributorsTotAmt |
| Public Support Total170 | $58,710,471 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,875,433 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,236,896 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,291,937 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $430,526 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $555,747 | CurrentTaxYearAmt |
| Total | $6,390,539 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $102,624 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $119,769 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $427,793 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $425,715 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,622,320 | CurrentTaxYearAmt |
| Total | $3,698,221 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $72,352,187 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $119,850,842 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.81145 | PublicSupportCY170Pct |
| Public Support PY170 | 0.00000 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $70,503,393 | BeginningYearBalanceAmt |
| Contributions | $992,110 | ContributionsAmt |
| Investment Earnings Or Losses | $8,379,572 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $0 | GrantsOrScholarshipsAmt |
| Other Expenditures | $0 | OtherExpendituresAmt |
| Administrative Expenses | $3,000,000 | AdministrativeExpensesAmt |
| End Year Balance | $76,875,075 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $71,907,115 | BeginningYearBalanceAmt |
| Contributions | $1,088,672 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,803,891 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $0 | GrantsOrScholarshipsAmt |
| Other Expenditures | $592,420 | OtherExpendituresAmt |
| Administrative Expenses | $96,083 | AdministrativeExpensesAmt |
| End Year Balance | $70,503,393 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $87,963,365 | BeginningYearBalanceAmt |
| Contributions | $331,137 | ContributionsAmt |
| Investment Earnings Or Losses | $162,613 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $0 | GrantsOrScholarshipsAmt |
| Other Expenditures | $16,550,000 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $71,907,115 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $90,055,806 | BeginningYearBalanceAmt |
| Contributions | $1,173,373 | ContributionsAmt |
| Investment Earnings Or Losses | $11,645,730 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,164,980 | GrantsOrScholarshipsAmt |
| Other Expenditures | $13,041,013 | OtherExpendituresAmt |
| Administrative Expenses | $705,551 | AdministrativeExpensesAmt |
| End Year Balance | $87,963,365 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $86,575,650 | BeginningYearBalanceAmt |
| Contributions | $2,163,197 | ContributionsAmt |
| Investment Earnings Or Losses | $9,509,670 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,104,556 | GrantsOrScholarshipsAmt |
| Other Expenditures | $6,388,046 | OtherExpendituresAmt |
| Administrative Expenses | $700,109 | AdministrativeExpensesAmt |
| End Year Balance | $90,055,806 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.22800 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.25200 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.52000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,797,490 | OtherCostOrOtherBasisAmt |
| Book Value | $2,797,490 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $81,843,189 | OtherCostOrOtherBasisAmt |
| Depreciation | $35,872,822 | DepreciationAmt |
| Book Value | $45,970,367 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovementsGrp |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $13,541,312 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,651,717 | DepreciationAmt |
| Book Value | $4,889,595 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildingsGrp | |
| Total Book Value Land Buildings | $53,657,452 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| BENEFICIAL INT PERPETUAL TRUST | $7,351,044 |
| CONTRIBUTIONS RECEIVABLE | $1,341,166 |
| OTHER RECEIVABLE | $96,179 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $8,788,389 | TotalBookValueOtherAssetsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| US GOV'T ADVANCES FOR STUDENT | $886,378 |
| ANNUITIES PAYABLE | $416,132 |
| ASSET RETIREMENT OBLIGATION | $61,632 |
| CAPITAL LEASE OBLIGATIONS | $93,959 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,458,101 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 1A: | THE INSTITUTE OWNS A COLLECTION OF VARIOUS OBJECTS OF ART. THESE ITEMS ARE HELD FOR PUBLIC EXHIBITION RATHER THAN FOR FINANCIAL GAIN AND ARE KEPT PROTECTED AND PRESERVED. IT IS THE INSTITUTE'S POLICY TO USE ANY PROCEEDS FROM THE SALE OF COLLECTION ITEMS TO ACQUIRE OTHER ITEMS FOR THE COLLECTION. ACCORDINGLY, THE INSTITUTE DOES NOT RECOGNIZE CONTRIBUTIONS OF WORKS OF ART, NOR ARE WORKS OF ART CAPITALIZED AND RECORDED ON THE STATEMENT OF FINANCIAL POSITION. |
| PART III, LINE 4: | THE ART COLLECTIONS AND ANTIQUITIES SUPPORT THE EDUCATIONAL PURPOSE OF THE INSTITUTE. STUDENTS MAJORING IN ART HISTORY AND ARTS MANAGEMENT ACT AS CURATORS AND MAINTAIN THE COLLECTIONS. STUDENTS ARE INVOLVED IN COLLEGE AND COMMUNITY EXHIBITIONS. |
| PART V, LINE 4: | THE MAJORITY OF ENDOWMENT FUNDS ARE USED TO PROVIDE STUDENT SCHOLARSHIPS AND SUPPORT FOR INSTRUCTION, RESEARCH, AND ACADEMIC PROGRAMS. |
| PART X, LINE 2: | The Institute is exempt from federal and state income taxes under Section 501(c)(3) of the U.S. Internal Revenue Code. However, certain income unrelated to its exempt function is subject to income taxation. The Internal Revenue Service ("IRS") has held that a Virginia limited liability company, treated as a partnership for state income tax purposes, would also be treated as a partnership for federal income tax purposes. Therefore, income taxes are not incurred with respect to the operations of SBC Restoration Lessee LLC since each member is responsible for the income tax consequences associated with its proportionate share of such operations. Management has evaluated the effect of the guidance provided for uncertainty in income taxes that became effective for the Institute on July 1, 2009. Management believes that the Institute continues to satisfy the requirements of a tax-exempt organization at June 30, 2017. Management has evaluated all tax positions that could have a significant effect on the consolidated financial statements and determined the Institute had no uncertain income tax positions at June 30, 2017 and 2016. The Institute is no longer subject to U.S. federal, state, or local tax examinations by tax authorities for tax years prior to the year ending June 30, 2014. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Line 3 - EXPLANATION OF NONDISCRIMINATION POLICY: | SWEET BRIAR COLLEGE CUSTOMARILY DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS FROM LARGE GEOGRAPHICAL SECTIONS OF THE UNITED STATES AND FOREIGN COUNTRIES. THE COLLEGE FOLLOWS A RACIAL NONDISCRIMINATORY POLICY AND HAS COMPLIED WITH SECTION 4.02 OF THE INTERNAL REVENUE PROCEDURE 75-50. THE COLLEGE PUBLICIZES ITS NONDISCRIMINATORY POLICY IN ITS CATALOG. |
| LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID: | SWEET BRIAR COLLEGE PARTICIPATES IN A VARIETY OF FEDERAL FINANCIAL AID PROGRAMS INCLUDING THE FEDERAL WORK STUDY PROGRAM, SEOG, AND THE PELL GRANT PROGRAM. THE COLLEGE ALSO RECEIVES FEDERAL GRANTS AND CONTRACTS FOR ACADEMIC PROGRAMMING AND SCIENTIFIC RESEARCH. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| Europe (Including Iceland and Greenland) | 1 | 6 | Program Services | EDUCATIONAL PROGRAM | $1,121,317 |
| Europe (Including Iceland and Greenland) | 1 | 2 | Program Services | SCHOLARSHIPS | $50,501 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 2 | SubtotalOfficesCnt |
| Subtotal Employees | 8 | SubtotalEmployeesCnt |
| Total Office | 2 | TotalOfficeCnt |
| Total Employee | 8 | TotalEmployeeCnt |
| Subtotal Spent | $1,171,818 | SubtotalSpentAmt |
| Total Spent | $1,171,818 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Assistance | SCHOLARSHIPS TO FOREIGN STUDENTS | TypeOfAssistanceTxt |
| Region | Europe (Including Iceland and Greenland) | RegionTxt |
| Recipient | 2 | RecipientCnt |
| Cash Grant | $50,501 | CashGrantAmt |
| Manner Of Cash Disbursement | pmt applied | MannerOfCashDisbursementTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE F, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | STUDENTS APPLY FOR SCHOLARSHIPS AND ARE AWARDED AMOUNTS THROUGH THE FINANCIAL AID PROCESS. THE FINANCIAL AID OFFICE DETERMINES THE AMOUNTS TO AWARD BASED ON CERTAIN CRITERIA AND AMOUNTS ARE DISBURSED AND POSTED TO STUDENT'S TUITION AND FEES ACCOUNT. SCHOLARSHIPS ARE CREDITED TO STUDENT TUITION ACOUNTS AT SWEET BRIAR COLLEGE. ANY STUDENT ACCOUNT THAT HAS A CREDIT BALANCE AFTER POSTING THE SCHOLARSHIP AMOUNTS WILL BE REFUNDED BY COLLEGE CHECK. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS FOR STUDENTS TO ATTEND SWEET BRIAR | GrantTypeTxt |
| Recipient | 184 | RecipientCnt |
| Cash Grant | $8,154,055 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | INSTITUTIONAL MERIT SCHOLARSHIPS ARE AWARDED ON THE BASIS OF DEMONSTRATED ACADEMIC EXCELLENCE AND PROMISE FOR FUTURE SUCCESS AT THE COLLEGE. WHILE A NUMBER OF FACTORS ARE CONSIDERED, THE COLLEGE RELIES HEAVILY ON THE EVALUATION OF HIGH SCHOOL COURSEWORK, HIGH SCHOOL GRADE POINT AVERAGES AND CLASS RANK, STANDARDIZED TEST SCORES, WRITTEN WORK AND LETTERS OF RECOMMENDATION. EXTRACURRICULAR INVOLVEMENT THAT DEMONSTRATES A PROMISE FOR SUCCESS AT THE COLLEGIATE LEVEL IS ALSO CONSIDERED. SCHOLARSHIP AWARDS ARE APPLIED TO THE STUDENT'S ACCOUNT FOR PAYMENT TOWARD TUITION, ROOM, BOARD AND FEES. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mr Phillip C Stone | ||||||||||||||
| President | $260,859 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $260,859 | $0 | $0 | $0 |
| Nancyellen Keane | ||||||||||||||
| Vice President | $191,056 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $191,056 | $0 | $0 | $0 |
| Mary Pope Hutson | ||||||||||||||
| VP of Alumnae & Development | $190,489 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $190,489 | $0 | $0 | $0 |
| James Jones | ||||||||||||||
| President | $0 | $0 | $0 | $0 | $152,250 | $0 | $0 | $0 | $0 | $0 | $152,250 | $0 | $0 | $0 |
| Gail D Payne | ||||||||||||||
| Asst VP of Finance & Admin | $120,733 | $0 | $0 | $0 | $50,000 | $0 | $0 | $0 | $0 | $0 | $170,733 | $0 | $0 | $0 |
| Elisabeth S Muhlenfeld | ||||||||||||||
| Former President | $0 | $0 | $0 | $118,111 | $0 | $0 | $0 | $0 | $0 | $118,111 | $0 | $0 | $0 | |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART 1, LINE 1A: | TRAVEL FOR COMPANIONS: THE PRESIDENT'S SPOUSE WILL OCCASIONALLY TRAVEL ON CERTAIN COLLEGE FUNCTIONS. THERE IS A SUBSTANTIAL BUSINESS PURPOSE FOR SUCH TRAVEL, AND THE EXPENSES ARE DOCUMENTED AND RETAINED ON FILE. RESIDENCE FOR PERSONAL USE: AS A CONDITION OF EMPLOYMENT, THE PRESIDENT AND VICE PRESIDENT FOR FINANCE AND ADMINISTRATION ARE REQUIRED TO LIVE IN THE SCHOOL'S HOUSES LOCATED ON THE CAMPUS. THESE RESIDENCES ARE PROVIDED FOR THE CONVENIENCE OF THE SCHOOL IN HAVING THE FUNCTIONS OF THE OFFICES EFFICIENTLY DISCHARGED. THIS HOUSING ALLOWANCE IS TREATED AS A NON-TAXABLE BENEFIT. PERSONAL SERVICES: THE SCHOOL PROVIDES PERSONAL SERVICES TO THE PRESIDENT FOR THE CONVENIENCE OF THE EMPLOYER SO THAT THE PRESIDENT CAN PERFORM ESSENTIAL SCHOOL BUSINESS AND ACTIVITIES AT THE HOME. THIS IS A TAXABLE BENEFIT. |
| PART I, LINE 4A: | A SEVERANCE PACKAGE WAS PROVIDED TO Gail D. Payne totaling $50,000. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Industrial Development Authority - Town of Amherst | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 546001113 | BondIssuerEIN |
| CUSIP | 031489BX4 | CUSIPNum |
| Bond Issued | 2006-02-23 | BondIssuedDt |
| Issue Price | $21,041,170 | IssuePriceAmt |
| Purpose | Refunding of 1998A,1998B,1999-2002 | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Pool Financing | false | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $6,380,000 | RetiredAmt |
| Bond Defeased | $0 | BondDefeasedAmt |
| Total Proceeds | $20,865,000 | TotalProceedsAmt |
| In Reserve Fund | $0 | InReserveFundAmt |
| Capitalized Interest | $0 | CapitalizedInterestAmt |
| Refunding Escrow | $0 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $334,871 | IssuanceCostsFromProceedsAmt |
| Credit Enhancement | $0 | CreditEnhancementAmt |
| Working Capital Expenditures | $0 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $0 | CapitalExpendituresAmt |
| Other Spent Proceeds | $0 | OtherSpentProceedsAmt |
| Unspent | $0 | UnspentAmt |
| Current Refunding | false | CurrentRefundingInd |
| Advance Refunding | Yes (true) | AdvanceRefundingInd |
| Final Allocation Made | Yes (true) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | false | MgmtContractBondFincdPropInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0 | PrivateBusUseByOthersPct |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Remedial Action Taken | false | RemedialActionTakenInd |
| Procs Nonqualified Bond Remdtd | Yes (true) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | false | RebateNotDueYetInd |
| Exception To Rebate | Yes (true) | ExceptionToRebateInd |
| No Rebate Due | false | NoRebateDueInd |
| Variable Rate Issue | false | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
GIC Provider Name GICProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested | false | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | false | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | false | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE K, PART II, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE TOTAL PROCEEDS OF ISSUE FOR THE 2006 BOND IS $176,170 LESS THAN THE ORIGINAL ISSUE PRICE DUE TO A REFUND OF THE BOND IN FISCAL YEAR 2012. | ExplanationTxt |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArtGrp | |
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp | |
| Books And Publications | BooksAndPublicationsGrp | |
| Clothing And Household Goods | ClothingAndHouseholdGoodsGrp | |
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 84 | ContributionCnt |
| Noncash Contributions Rpt F990 | $3,096,908 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | AVG TRADING VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp | |
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp | |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE M, LINE 33: | FormAndLineReferenceDesc |
| Explanation | THE INSTITUTE OWNS A COLLECTION OF VARIOUS OBJECTS OF ART. THESE ITEMS ARE HELD FOR PUBLIC EXHIBITION RATHER THAN FOR FINANCIAL GAIN AND ARE KEPT PROTECTED AND PRESERVED. IT IS THE INSTITUTE'S POLICY TO USE ANY PROCEEDS FROM THE SALE OF COLLECTION ITEMS TO ACQUIRE OTHER ITEMS FOR THE COLLECTION. ACCORDINGLY, THE INSTITUTE DOES NOT RECOGNIZE CONTRIBUTIONS OF WORKS OF ART, NOR ARE WORKS OF ART CAPITALIZED AND RECORDED ON THE STATEMENTS OF FINANCIAL POSITION. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: | MEMBERS OF A WORLD COMMUNITY. IT FOCUSES ON PERSONAL AND PROFESSIONAL ACHIEVEMENT THROUGH A CUSTOMIZED EDUCATIONAL PROGRAM THAT COMBINES THE LIBERAL ARTS, PREPARATION FOR CAREERS AND INDIVIDUAL DEVELOPMENT. THE FACULTY AND STAFF GUIDE STUDENTS TO BECOME ACTIVE LEARNERS, TO REASON CLEARLY, TO SPEAK AND WRITE PERSUASIVELY AND TO LEAD WITH INTEGRITY. THEY DO SO BY CREATING AN EDUCATIONAL ENVIRONMENT THAT IS BOTH INTENSE AND SUPPORTIVE AND WHERE LEARNING OCCURS IN MANY DIFFERENT VENUES, INCLUDING THE CLASSROOM, THE COMMUNITY AND THE WORLD. |
| FORM 990, PART III, LINE 4D, OTHER PROGRAM SERVICES: | STUDENT SERVICES: TO PROVIDE VARIOUS SERVICES SUCH AS ADMISSIONS, FINANCIAL AID, CAREER PLANNING, CHAPLAIN, DEAN, HEALTH CENTER AND REGISTRAR. PROGRAM REVENUE IS FROM MULTIPLE SOURCES INCLUDING ADMISSIONS, LATE FEES, SALES & SERVICE, ALUMNAE ASSOCIATION REVENUE, AND ON CAMPUS CATERING. RESEARCH: TO PROVIDE GRANTS FOR FACULTY. ACADEMIC SUPPORT: TO PROVIDE ACADEMIC SERVICES SUCH AS LIBRARY, AUDIO-VISUAL & ACADEMIC DEAN. |
| FORM 990, PART VI, SECTION B, LINE 11: | THE 990 FORM AND REQUIRED SCHEDULES WERE REVIEWED BY MANAGEMENT PRIOR TO FILING. AN ELECTRONIC VERSION OF THE RETURN WAS MADE AVAILABLE TO THE OFFICERS AND DIRECTORS OF THE INSTITUTE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C: OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO SUBMIT AN ANNUAL DISCLOSURE IN ACCORDANCE WITH THE SWEET BRIAR COLLEGE WRITTEN CONFLICT OF INTEREST POLICY. CONFLICT OF INTEREST FORMS ARE FILED WITH THE PRESIDENT'S OFFICE ANNUALLY AND ARE REVIEWED BY THE CFO AND INDEPENDENT AUDITORS. IN GENERAL, WHEN AN INDIVIDUAL COVERED BY THIS POLICY IS DEEMED TO BE IN A CONFLICT OF INTEREST SITUATION WITH RESPECT TO ANY MATTER BEFORE THE BOARD OR ADMINISTRATION, THAT INDIVIDUAL SHALL REFRAIN FROM PARTICIPATING IN THE CONSIDERATION OF ANY PROPOSED TRANSACTION WHICH MAY BE IMPAIRED BY THE POTENTIAL CONFLICT, UNLESS SPECIFICALLY REQUESTED TO PROVIDE INFORMATION REGARDING THE TRANSACTION IN QUESTION. SUCH PERSON SHALL NOT VOTE ON OR TAKE ANY POSITION FOR OR AGAINST THE PROPOSED TRANSACTION, NOR SHALL SHE OR HE ATTEMPT TO INFLUENCE THE VOTES OR POSITIONS OF OTHERS. WHEN DEEMED APPROPRIATE, A NOTE IN THE MINUTES OF THE MEETING SHALL SPECIFY THAT THE PERSON INVOLVED NEITHER PARTICIPATED IN CONSIDERATION OF THE PROPOSED TRANSACTION NOR VOTED ON THE MATTER. IN ALL INSTANCES WHERE A CONFLICT OF INTEREST IS DETERMINED TO EXIST, SUCH CONFLICTS, AND THEIR REMEDY, SHALL BE DISCLOSED TO THE BOARD AT LEAST ANNUALLY. |
| FORM 990, PART VI, SECTION B, LINE 15: | COMPENSATION FOR THE PRESIDENT/CEO IS DETERMINED BY AN INDEPENDENT COMPENSATION COMMITTEE AND BY THE USE OF COMPARABLE DATA PROVIDED FROM FORMS 990 OF OTHER SIMILIARLY SITUATED HIGHER EDUCATION INSTITUTIONS. COMPENSATION IS APPROVED BY THE BOARD ANNUALLY AND DOCUMENTED IN THE BOARD MEETING MINUTES. IN DETERMINING NEWLY HIRED EXECUTIVES' PAY, DATA IS USED FROM ANNUAL CUPA-HR ADMINISTRATIVE SALARY SURVEYS AND SPECIFICALLY REGARDING SALARIES FOR: 1.PRIVATE INDEPENDENT INSTITUTIONS WITH ENROLLMENT UNDER 1,000, COMPARING TO THE FIRST QUARTILE OF ENROLLMENT, WHICH IS THE MOST SIMILAR TO SWEET BRIAR COLLEGE. 2.PRIVATE INDEPENDENT INSTITUTIONS WITH A BUDGET IN THE 2ND QUARTILE, WHICH IS THE MOST SIMILAR TO SWEET BRIAR COLLEGE. 3.BACCALAUREATE INSTITUTIONS WITH A BUDGET IN THE 2ND QUARTILE (MELDING TYPE OF INSTITUTION AND BUDGET SIZE). 4.THE SAME DATA POINTS ARE USED FOR AN ANNUAL REVIEW OF THE PRESIDENT'S COMPENSATION, SHARING THE DATA WITH THE CHAIRMAN OF THE BOARD, WHO THEN SHARES THE DATA WITH THE EXECUTIVE COMMITTEE. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST ONLY. |
| FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS | Unrealized endowment gain totaling $6,787,969, Gain on foreign currency transactions totaling $34,648, increase in value of split-interest gifts totaling $137,900, increase in value of beneficial interest of perpetual trusts totaling $264,294. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SBC FOREIGN PROGRAMS INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1051 | AddressLine1Txt |
| City | Sweet Briar | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 24595 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 541733600 | EIN |
| Primary Activities | education | PrimaryActivitiesTxt |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | type ii | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SB Institute | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | false | ControlledOrganizationInd |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | sbc restoration lessee llc | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1090 | AddressLine1Txt |
| City | SWEET BRIAR | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 24595 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 465731000 | EIN |
| Primary Activities | renovations | PrimaryActivitiesTxt |
| Legal Domicile State | VA | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SWEET BRIAR | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Share Of Total Income | $40,000 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $721,187 | ShareOfEOYAssetsAmt |
| Disproportionate Allocations | false | DisproportionateAllocationsInd |
| UBI Code V | $0 | UBICodeVAmt |
| Ownership | 0.99000 | OwnershipPct |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (true) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (true) | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (4 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| SBC Restoration Lessee LLC | ||
| a | $20,000 | actual cost |
| SBC Foreign Programs Inc | ||
| N | $78,192 | actual cost |
| SBC Foreign Programs Inc | ||
| o | $99,204 | actual cost |
| SBC Foreign Programs Inc | ||
| r | $363,046 | actual cost |
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