2018-11-06T16:37:54-06:00 2018-06-30 455297192 RYAN GUNSAULS & O'DONNELL LLC 5590 E YALE AVE SUITE 201 DENVER CO 80222 990 2017-07-01 830395730 HERS-HIGHER EDUCATION RESOURCE SERVICES HERS 3038716866 1901 E ASBURY AVE NO 212 DENVER CO 802081002 VERNA FITZSIMMONS PHD PRESIDENT 3038716524 2018-11-05 1 DOUGLAS A BARR CPA P00474175 3037585558 2018-11-05 23.31.88.249 2018-11-05 09:10:38 MS P 8181144DFF81D43569A06D4BAB7BADF7285BF773 8181144DFF81D43569A06D4BAB7BADF7285BF773 2017 2018-06-14 16:35:46Z VERNA FITZSIMMONS PHD 1901 E ASBURY AVE NO 212 DENVER CO 802081002 1823111 0 X WWW.HERSNETWORK.ORG X 2004 CO HERS IS DEDICATED TO CREATING AND SUSTAINING A DIVERSE COMMUNITY OF WOMEN LEADERS THROUGH LEADERSHIP DEVELOPMENT PROGRAMS AND OTHER STRATEGIES, WITH A COMMITMENT TO ACHIEVING EQUITY, INCLUSIVITY AND EXCELLENCE IN HIGHER EDUCATION. 15 15 0 15 0 0 220855 285538 1413220 1459812 36086 77761 0 0 1670161 1823111 0 0 0 0 708652 854490 0 0 0 745748 834045 1454400 1688535 215761 134576 3093823 3372456 1004698 1155056 2089125 2217400 X HERS IS DEDICATED TO CREATING AND SUSTAINING A DIVERSE COMMUNITY OF WOMEN LEADERS THROUGH LEADERSHIP DEVELOPMENT PROGRAMS AND OTHER STRATEGIES, WITH A COMMITMENT TO ACHIEVING EQUITY, INCLUSIVITY AND EXCELLENCE IN HIGHER EDUCATION. 0 0 1061974 1459812 SINCE 1976, OVER 5,000 WOMEN IN FACULTY, STAFF, AND ADMINISTRATIVE ROLES IN HIGHER EDUCATION HAVE FURTHER DEVELOPED THEIR LEADERSHIP ABILITY BY ATTENDING THE HERS INSTITUTE.THE DEEPLY THOUGHTFUL ONLINE APPLICATION PROCESS PREPARES EVERY PARTICIPANT FOR THE WORK SHE WILL EMBARK ON TO STRENGTHEN AND EXPAND HER LEADERSHIP SKILLS. HER VIEWPOINT, ENRICHED BY WORKING CLOSELY WITH HERS FACULTY, STAFF AND ALUMNAE, CAN IMMEDIATELY IMPACT HER CAMPUS AND HIGHER EDUCATION AT THE INSTITUTES CONCLUSION. WHILE CRITICALLY ASSESSING INTERSECTIONALITY AND REFLECTING ON HER EXPERIENCES IN HIGHER EDUCATION, SHE WILL ALSO CHRONICLE WHICH TRANSFERABLE SKILLS SHE HAS AND WHICH SKILLS WILL REQUIRE ADDITIONAL DEVELOPMENT.PARTICIPANTS FIND THE INSTITUTE TO BE A SAFE ENVIRONMENT TO SHARE CONFIDENTIAL MATTERS. THE ACTIVE LEARNING STYLE UTILIZED BY HERS FACULTY ALSO LEADS TO MEANINGFUL COLLABORATION. THE END OF THE HERS INSTITUTE IS THE BEGINNING OF SOMETHING NEW - NEW METHODS FOR TRANSFORMING HIGHER EDUCATION AND A NEW PROFESSIONAL NETWORK WHICH POSSESSES A DEEP UNDERSTANDING OF ALL FACETS OF HIGHER EDUCATION.THE INSTITUTE IS OFFERED AT THREE LOCATIONS AND IN TWO RESIDENTIAL FORMATS. 1061974 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 29 0 1 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CO X THE ORGANIZATION 3038716866 1901 E ASBURY AVE NO 212 DENVER CO 802081002 SUSAN BORREGO DIRECTOR 1.00 X 0 0 0 BRONTE BURLEIGH JONES CHAIR 2.00 X X 0 0 0 WADED CRUZADO DIRECTOR 1.00 X 0 0 0 DEBRA DEMEIS SECRETARY 2.00 X X 0 0 0 PHOEBE HADDON DIRECTOR 1.00 X 0 0 0 JULIA JASKEN DIRECTOR 1.00 X 0 0 0 SUSAN JOHNSON DIRECTOR 1.00 X 0 0 0 CAROLYN LANDIS DIRECTOR 1.00 X 0 0 0 BELINDA MILES DIRECTOR 1.00 X 0 0 0 GEORGIA NUGENT DIRECTOR 1.00 X 0 0 0 MARY PAPAZIAN VICE CHAIR 2.00 X X 0 0 0 SHIRLEY PIPPINS DIRECTOR 1.00 X 0 0 0 JACQUELINE POLLARD DIRECTOR 1.00 X 0 0 0 MARY KENNARD SMITH DIRECTOR 1.00 X 0 0 0 CYNTHIA TENIENTE MATSON TREASURER 2.00 X X 0 0 0 JUDITH WHITE PRESIDENT & EXECUTIVE DIRECTOR 40.00 X X 166944 0 47203 RAYMONDA BURGMAN DIRECTOR OF HERS INSTITUTE 40.00 X 120523 0 34513 287467 0 81716 2 0 1 0 0 285538 285538 TUITION 611430 1425006 1425006 OTHER REVENUES 611430 34806 34806 1459812 77761 77761 1823111 1459812 0 77761 291843 190565 101278 378586 247206 131380 132773 86697 46076 51288 33490 17798 15559 13847 1712 12914 155 12759 16554 199 16355 10234 7644 2590 93984 1130 92854 13261 411 12850 22995 9514 13481 43853 43853 103586 91136 12450 140024 98509 41515 225363 187711 37652 25596 25596 2541 2541 HONORARIA 58900 58900 INSTITUTE MATERIALS 45606 34066 11540 MISCELLANEOUS 3075 794 2281 1688535 1061974 626561 0 116498 29677 1336434 1637306 7955 250 62904 125219 17359 4044 10108 13315 1500841 1490483 59083 76206 3093823 3372456 81793 107912 922905 1047144 1004698 1155056 X 2089125 2190157 27243 2089125 2217400 3093823 3372456 134576 -6301 0 X X 0 1 X 1 0 X 73241 100059 175680 220855 285538 855373 1496597 625329 1148072 1413220 1459812 6143030 1569838 725388 1323752 1634075 1745350 6998403 19875 16605 20450 14001 15000 85931 0 19875 16605 20450 14001 15000 85931 6912472 158 582 976 36086 77761 115563 158 582 976 36086 77761 115563 -9313 -9313 1569996 725970 1315415 1670161 1823111 7104653 0.97290 0.98240 0.01630 0.00600 X 1000000 237663 237663 1000000 1000000 156001 156001 1000000 1000000 19910 19910 1000000 1.00000 0.00000 0.00000 0 0 17359 4044 13315 13315 X 1823810 -6301 7000 699 1823111 0 1823111 1695535 7000 7000 1688535 0 1688535 PART V, LINE 4: THE GOVERNING BOARD OF HERS DESIGNATED $1,000,000 OF ITS NET ASSETS AS AN ENDOWMENT. SINCE THIS RESTRICTION WAS NOT IMPOSED BY A DONOR, THIS ENDOWMENT IS CLASSIFIED AS UNRESTRICTED NET ASSETS FOR FINANCIAL STATEMENT PURPOSES. THIS BOARD DESIGNATED ENDOWMENT WILL BE UTILIZED AS A STRATEGIC RESOURCE AVAILABLE TO HERS. DECISIONS ON HOW THE ENDOWMENT WILL BE USED WILL BE DETERMINED BY A THREE-FOURTHS VOTE FROM THE ELECTED VOTING MEMBERS OF THE BOARD. AT JUNE 30, 2018 AND 2017, THE BOARD-DESIGNATED BALANCE OF THIS ENDOWMENT INVESTMENTS AND RELATED NET ASSETS WAS $1,000,000. THE EARNINGS ON THIS ENDOWMENT WAS SHOWN AS BOARD RESTRICTED ENDOWMENT, SHORT-TERM OF $237,663 AND $156,001 ON JUNE 30, 2018 AND 2017, RESPECTIVELY. PART X, LINE 2: HERS IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION. HERS IS, HOWEVER, SUBJECT TO INCOME TAX ON ANY UNRELATED BUSINESS INCOME. THERE WAS NO UNRELATED TAXABLE INCOME FOR THE YEARS ENDED JUNE 30, 2018 AND 2017. HERS HAS ADOPTED THE PROVISIONS OF INCOME TAXES. IN DETERMINING THE RECOGNITION OF UNCERTAIN TAX POSITIONS, HERS APPLIES A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD AND DETERMINES THE MEASUREMENT OF UNCERTAIN TAX POSITIONS CONSIDERING THE AMOUNTS AND PROBABILITIES OF THE OUTCOMES THAT COULD BE REALIZED UPON ULTIMATE SETTLEMENT WITH TAXING AUTHORITIES. HERS ANALYZED ITS TAX POSITIONS TAKEN ON THEIR FEDERAL TAX RETURNS FOR THE OPEN TAX YEARS 2014 THROUGH 2016. BASED ON THEIR ANALYSIS, HERS DETERMINED THAT THERE WERE NO UNCERTAIN TAX POSITIONS AND THAT HERS SHOULD PREVAIL UPON EXAMINATION BY TAXING AUTHORITIES. X X 0 0 0 0 0 0 0 0 0 JUDITH WHITE PRESIDENT & EXECUTIVE DIRECTOR 166944 0 0 0 0 0 0 0 47203 0 214147 0 0 0 RAYMONDA BURGMAN DIRECTOR OF HERS INSTITUTE 120523 0 0 0 0 0 0 0 34513 0 155036 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS PROVIDED TO THE ORGANIZATION'S AUDIT COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL BEFORE IT IS FILED. AFTER REVIEW AND APPROVAL BY THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS, A COPY OF FORM 990 IS PROVIDED TO THE ORGANIZATION'S ENTIRE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CHAIR OF THE BOARD OF DIRECTORS REGULARLY AND CONSISTENTLY MONITORS INDIVIDUALS AND ENTITIES FOR COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THE EXECUTIVE DIRECTOR IMMEDIATELY ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY WHEN CONFLICTS OF INTEREST ARISE. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR PROVIDES THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS WITH COMPARABILITY DATA FOR DETERMINING COMPENSATION. THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. 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. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.