ERSKINE COLLEGE: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- ERSKINE COLLEGE (EIN 57-0314390)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2017-04-26
- IRS object ID
- 201711169349300341
- Schema version
- 2015v3.0
- 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 I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-04-26T21:11:18-05:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 363990892 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Capin Crouse LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1255 Lakes Parkway Suite 130 | AddressLine1Txt |
| City | Lawrenceville | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30043 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 570314390 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Erskine College | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ERSK | BusinessNameControlTxt |
| Phone | 8643798812 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 338 | AddressLine1Txt |
| City | Due West | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29639 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Gregory W Haselden | PersonNm |
| Person Title | Senior VP Finance/Operations | PersonTitleTxt |
| Phone | 8642294951 | PhoneNum |
| Signature | 2017-04-26 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | David C Moja | PreparerPersonNm |
| PTIN | P00747006 | PTIN |
| Phone | 6785185301 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Erskine College and Theological Seminary | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Rob Gustafson | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 338 | AddressLine1Txt |
| City | Due West | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29639 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $33,934,426 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.erskine.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1837 | FormationYr |
| Legal Domicile State | SC | LegalDomicileStateCd |
| Activity Or Mission | Christian liberal arts college and graduate theological seminary. | ActivityOrMissionDesc |
| Voting Members Governing Body | 25 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 25 | VotingMembersIndependentCnt |
| Total Employee | 509 | TotalEmployeeCnt |
| Total Volunteers | 35 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,169,163 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,129,239 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $25,944,046 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $27,522,198 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,815,228 | PYInvestmentIncomeAmt |
| CY Investment Income | $548,315 | CYInvestmentIncomeAmt |
| PY Other Revenue | $48,261 | PYOtherRevenueAmt |
| CY Other Revenue | $44,300 | CYOtherRevenueAmt |
| PY Total Revenue | $29,976,698 | PYTotalRevenueAmt |
| CY Total Revenue | $30,244,052 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $13,384,220 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $14,363,104 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $8,302,047 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $7,662,563 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $190,630 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $9,240,498 | PYOtherExpensesAmt |
| CY Other Expenses | $9,442,048 | CYOtherExpensesAmt |
| PY Total Expenses | $30,926,765 | PYTotalExpensesAmt |
| CY Total Expenses | $31,467,715 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$950,067 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,223,663 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $71,839,815 | TotalAssetsBOYAmt |
| Total Assets EOY | $68,123,884 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $20,974,516 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $20,083,371 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $50,865,299 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $48,040,513 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Erskine College exists to Glorify God as a Christian academic community where students are equipped to flourish as whole persons for lives of service through the pursuit of undergraduate liberal arts and graduate theological education. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $20,529,714 | ExpenseAmt |
| Grant | $14,363,104 | GrantAmt |
| Revenue | $21,382,720 | RevenueAmt |
| Desc | Erskine College is a comprehensive, fully accredited, Christian college and theological seminary offering undergraduate, master's, and doctoral degrees. The college program offers 27 baccalaureate majors, and the seminary offers 4 master's degrees and a doctor of ministry degree. The 2016 fiscal year for Erskine College saw a number of new records achieved and other important events including growing the undergraduate student body by 18 full-time equivalents for the year and continued restructuring the institution to prepare for the future. The athletic program continued to advance within the conference, and in 2016 Erskine had four teams capture conference titles. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $5,863,951 | ExpenseAmt |
| Revenue | $6,139,478 | RevenueAmt |
| Desc | The Institution conducted auxiliary enterprises for the convenience of students, faculty, staff, and the at-large community. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $26,393,665 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | Yes (1) | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 1081 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 509 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | 0 | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 25 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 25 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Gregory W Haselden | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8643798812 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 338 | AddressLine1Txt |
| City | Due West | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29639 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (31 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| Mr Ron Vigus | |||||||
| Trustee - Chairman | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Mr RG McDonald III | |||||||
| Trustee - Vice-Chair | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| The Rev Andrew Savill | |||||||
| Trustee - Secretary | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Mr JA Arnold | |||||||
| Trustee | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| The Rev BF Bult | |||||||
| Trustee | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| The Rev Dr SM Cox | |||||||
| Trustee | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr Rory Crawford | |||||||
| Trustee | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| Dr DC Cunningham | |||||||
| Trustee | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| Mrs CE Davis | |||||||
| Trustee | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| Mrs JE Gazzaway | |||||||
| Trustee | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| Dr SL Gray | |||||||
| Trustee | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| Dr JT Hellams Jr | |||||||
| Trustee | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr SS James | |||||||
| Trustee | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| The Rev MV Lawing Jr | |||||||
| Trustee | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| The Rev JA Loughner | |||||||
| Trustee | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| Mrs DB Morris | |||||||
| Trustee | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| The Rev AK Putnam | |||||||
| Trustee | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| Dr GS Query | |||||||
| Trustee | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| The Rev CW Reynolds | |||||||
| Trustee | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| Mrs MT Rucker | |||||||
| Trustee | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| Mrs AM Tribble | |||||||
| Trustee | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| The Rev PA Waid | |||||||
| Trustee | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| Dr HH Welch | |||||||
| Trustee | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr KL Connor | |||||||
| Trustee (part year) | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| Dr GS Suits | |||||||
| Trustee (part year) | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| The Rev JA Hunt | |||||||
| Ex Officio Member | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr WA Byrd | |||||||
| Ex Officio Member | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| Dr PD Kooistra | |||||||
| President | 40.00 | Yes (X) | $100,842 | $0 | $56,460 | ||
| Mr GW Haselden | |||||||
| Sr VP Fin/Operations, Trea | 40.00 | Yes (X) | $117,761 | $0 | $9,958 | ||
| Mrs Dena S Hodge | |||||||
| Assistant Secretary | 40.00 | Yes (X) | $36,942 | $0 | $14,922 | ||
| Dr NB Christie | |||||||
| Sr VP Academics | 40.00 | $107,560 | $0 | $17,350 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $363,105 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $98,690 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Aramark Facility Services | |||||
| 22506 Network Place | Chicago | IL | 60673 | Facilities management | $2,069,993 |
| Aramark Services | |||||
| PO Box 518 | Due West | SC | 29639 | Dining services | $1,907,051 |
| Ebsco Subscription Services | |||||
| PO Box 2543 | Birmingham | AL | 35202 | Electronic library services | $203,754 |
| Daniels Graphics | |||||
| PO Box 40 | Asheville | NC | 28802 | Printing of marketing material | $100,294 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $463,643 | RelatedOrganizationsAmt |
| Government Grants | $126,722 | GovernmentGrantsAmt |
| All Other Contributions | $1,538,874 | AllOtherContributionsAmt |
| Noncash Contributions | $202,625 | NoncashContributionsAmt |
| Total Contributions | $2,129,239 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Student Tuition & Fees | 611710 | $21,246,777 | $21,246,777 |
| Auxiliary Enterprises | 611710 | $6,139,478 | $6,139,478 |
| Other Program Income | 611710 | $135,943 | $135,943 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $27,522,198 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $845,123 | TotalRevenueColumnAmt |
| Exclusion | $845,123 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $48,908 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $10,048 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $38,860 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $38,860 | TotalRevenueColumnAmt |
| Exclusion | $38,860 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,375,058 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,671,866 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$296,808 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$296,808 | TotalRevenueColumnAmt |
| Exclusion | -$296,808 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $13,900 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $8,460 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,440 | TotalRevenueColumnAmt |
| Exclusion | $5,440 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $30,244,052 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $27,522,198 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $592,615 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,363,104 | TotalAmt |
| Program Services | $14,363,104 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $351,081 | TotalAmt |
| Program Services | $101,834 | ProgramServicesAmt |
| Management And General | $214,712 | ManagementAndGeneralAmt |
| Fundraising | $34,535 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,176,953 | TotalAmt |
| Program Services | $4,731,005 | ProgramServicesAmt |
| Management And General | $1,323,135 | ManagementAndGeneralAmt |
| Fundraising | $122,813 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $643,617 | TotalAmt |
| Program Services | $506,134 | ProgramServicesAmt |
| Management And General | $129,270 | ManagementAndGeneralAmt |
| Fundraising | $8,213 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $490,912 | TotalAmt |
| Program Services | $368,770 | ProgramServicesAmt |
| Management And General | $110,425 | ManagementAndGeneralAmt |
| Fundraising | $11,717 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,271 | TotalAmt |
| Management And General | $33,271 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $62,677 | TotalAmt |
| Management And General | $62,677 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $165,300 | TotalAmt |
| Management And General | $165,300 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $94,959 | TotalAmt |
| Management And General | $94,959 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $128,519 | TotalAmt |
| Management And General | $128,519 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $503,178 | TotalAmt |
| Program Services | $166,776 | ProgramServicesAmt |
| Management And General | $322,845 | ManagementAndGeneralAmt |
| Fundraising | $13,557 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $156,328 | TotalAmt |
| Management And General | $156,328 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,361,433 | TotalAmt |
| Program Services | $1,093,641 | ProgramServicesAmt |
| Management And General | $267,792 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $113,668 | TotalAmt |
| Program Services | $56,413 | ProgramServicesAmt |
| Management And General | $45,860 | ManagementAndGeneralAmt |
| Fundraising | $11,395 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,811 | TotalAmt |
| Program Services | $34,500 | ProgramServicesAmt |
| Management And General | $7,311 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $969,877 | TotalAmt |
| Program Services | $800,291 | ProgramServicesAmt |
| Management And General | $169,586 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $329,893 | TotalAmt |
| Management And General | $329,893 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Food services | $2,672,642 | $2,590,346 | $82,296 | |
| Miscellaneous expenses | $2,217,478 | $1,080,664 | $1,148,414 | -$11,600 |
| Student activities and | $500,187 | $500,187 | ||
| Bad debt expense | $90,827 | $90,827 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,467,715 | TotalAmt |
| Program Services | $26,393,665 | ProgramServicesAmt |
| Management And General | $4,883,420 | ManagementAndGeneralAmt |
| Fundraising | $190,630 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $970,652 | BOYAmt |
| EOY | $770,140 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,457 | BOYAmt |
| EOY | $14,432 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $572,764 | BOYAmt |
| EOY | $762,236 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $166,084 | BOYAmt |
| EOY | $167,020 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,518 | BOYAmt |
| EOY | $68,831 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $54,554,620 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $29,180,404 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,980,568 | BOYAmt |
| EOY | $25,374,216 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,105,062 | BOYAmt |
| EOY | $28,247,557 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,692,556 | BOYAmt |
| EOY | $10,553,573 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,222,223 | BOYAmt |
| EOY | $1,132,057 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,039,931 | BOYAmt |
| EOY | $1,033,822 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,839,815 | BOYAmt |
| EOY | $68,123,884 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,050,957 | BOYAmt |
| EOY | $895,059 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $620,623 | BOYAmt |
| EOY | $584,522 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,027,894 | BOYAmt |
| EOY | $10,562,879 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,433,485 | BOYAmt |
| EOY | $1,212,970 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,841,557 | BOYAmt |
| EOY | $6,827,941 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,974,516 | BOYAmt |
| EOY | $20,083,371 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,535,681 | BOYAmt |
| EOY | -$793,287 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,268,782 | BOYAmt |
| EOY | $5,367,631 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,060,836 | BOYAmt |
| EOY | $43,466,169 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,865,299 | BOYAmt |
| EOY | $48,040,513 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,839,815 | BOYAmt |
| EOY | $68,123,884 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$1,223,663 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$1,217,453 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$383,670 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | 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 | $2,461,423 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,683,384 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,827,257 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,169,163 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,129,239 | CurrentTaxYearAmt |
| Total | $11,270,466 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,461,423 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,683,384 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,827,257 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,169,163 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,129,239 | CurrentTaxYearAmt |
| Total | $11,270,466 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $668,343 | SubstantialContributorsTotAmt |
| Public Support Total170 | $10,602,123 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,340,022 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,067,992 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,012,677 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $939,834 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $894,031 | CurrentTaxYearAmt |
| Total | $5,254,556 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $8,906 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,065 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,900 | CurrentTaxYearAmt |
| Total | $34,871 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $16,559,893 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $124,910,319 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.64020 | PublicSupportCY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part II: | FormAndLineReferenceDesc |
| Explanation | 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. | ExplanationTxt |
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) |
|---|---|---|
| Historic Structure | Yes (X) | HistoricStructureInd |
| Total Easements | 8 | TotalEasementsCnt |
| Historic Structure Easements | 8 | HistoricStructureEasementsCnt |
| States Easements Held | 1 | StatesEasementsHeldCnt |
| Written Policy Monitoring | 0 | WrittenPolicyMonitoringInd |
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $927,936 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $37,882,833 | BeginningYearBalanceAmt |
| Contributions | $313,334 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,014,114 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,870,179 | OtherExpendituresAmt |
| End Year Balance | $35,311,874 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $39,841,555 | BeginningYearBalanceAmt |
| Contributions | $146,952 | ContributionsAmt |
| Investment Earnings Or Losses | $561,541 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,667,215 | OtherExpendituresAmt |
| End Year Balance | $37,882,833 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $38,994,185 | BeginningYearBalanceAmt |
| Contributions | $193,973 | ContributionsAmt |
| Investment Earnings Or Losses | $4,544,867 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $3,891,470 | OtherExpendituresAmt |
| End Year Balance | $39,841,555 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $39,628,456 | BeginningYearBalanceAmt |
| Contributions | $397,212 | ContributionsAmt |
| Investment Earnings Or Losses | $3,124,768 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $4,156,251 | OtherExpendituresAmt |
| End Year Balance | $38,994,185 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $47,765,835 | BeginningYearBalanceAmt |
| Contributions | $309,852 | ContributionsAmt |
| Investment Earnings Or Losses | $69,536 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $8,516,767 | OtherExpendituresAmt |
| End Year Balance | $39,628,456 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.12000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.88000 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $1,169,432 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $755,548 | OtherCostOrOtherBasisAmt |
| Book Value | $1,924,980 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $42,619,245 | OtherCostOrOtherBasisAmt |
| Depreciation | $20,635,607 | DepreciationAmt |
| Book Value | $21,983,638 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,971,041 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,544,797 | DepreciationAmt |
| Book Value | $1,426,244 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $39,354 | OtherCostOrOtherBasisAmt |
| Book Value | $39,354 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $25,374,216 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (8 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Cash Surrender Value of Life Insurance | $171,841 | F |
| US Government Securities | $1,999,578 | F |
| Other Fixed Income Investments | $1,977,662 | F |
| Alternative Investments | $1,380,030 | C |
| Equity securities held at cost | $3,615,305 | C |
| Pooled income funds | $46,212 | F |
| Master Limited Partnership | $1,150,597 | F |
| Corporate bonds | $212,348 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $10,553,573 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)
| DescDesc | AmtAmt |
|---|---|
| US Government Loan Funds - Refundable | $961,407 |
| Annuities Payable | $978,713 |
| Interest Rate Swap Liability | $1,803,308 |
| Trust Liabilities | $2,730,891 |
| Other Liabilities | $303,288 |
| Capital Lease | $50,334 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $6,827,941 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $14,340,750 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$1,217,453 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $42,417 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | -$14,746,774 | OtherRevenueAmt |
| Revenue Not Reported | -$15,921,810 | RevenueNotReportedAmt |
| Revenue Subtotal | $30,262,560 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$18,508 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$18,508 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $30,244,052 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $17,165,536 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $42,417 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $18,508 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $60,925 | ExpensesNotReportedAmt |
| Expenses Subtotal | $17,104,611 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $14,363,104 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $14,363,104 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $31,467,715 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part II, Line 9: | Revenues/expenses from conservation easements are not separately reported on the Statement of Activities, and the easements are not separately presented on the Statement of Financial Position. |
| Part III, Line 4: | The College maintains an art center that displays works of art including paintings, music boxes, furniture, and other items to the public. The collection enriches the campus community and provides the art students (stuido artists and art history majors) with examples of various art mediums used in classroom instruction. The College displays the artwork free of charge to the public. |
| Part V, Line 4: | The College's endowment intends to provide scholarships to students, help fund department chairs, and fund other restricted program expenses. |
| Part X, Line 2: | The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the statements of activities. As of June 30, 2016 and 2015, the College had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. The College files information tax returns in the U.S. The College is generally no longer subject to U.S. federal income tax examinations by tax authorities for years before 2013. |
| Part XI, Line 2d - Other Adjustments: | Unrealized gain on interest rate swap -191,316. Change in value of trusts and annuities -192,354. Scholarships and other aid -14,363,104. Loss on pledges previously recognized |
| Part XI, Line 4b - Other Adjustments: | Direct expenses for special fundraising events -10,048. Rental expenses -8,460. |
| Part XII, Line 2d - Other Adjustments: | Rental expenses 10,048. Direct expenses for special fundraising events 8,460. |
| Part XII, Line 4b - Other Adjustments: | Scholarships and other aid 14,363,104. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 | The Institution's racially nondiscrimination policy is made available through local print media outlets and college and seminary catalogs. |
| Schedule E, Part I, Line 6 | The College receives Federal and State funds to provide financial aid for students. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| Scholarships | 604 | $11,746,872 |
| Athletic Scholarships | 103 | $2,616,232 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | The College monitors enrollment and the Financial Aid Office of the College keeps the requisite records in either an electronic or hard copy form. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Dr PD Kooistra | PersonNm |
| Title | President | TitleTxt |
| Base Compensation Filing Org | $88,842 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $12,000 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $24,000 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $32,767 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $157,609 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 1a | FormAndLineReferenceDesc |
| Explanation | The spouse of the President occasionally accompanies him on business trips. If the College determines the expense to not meet the critera to be a bona fide business expense, the amounts are included in taxable compensation. The President also lives in a house that is owned by the College. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 8 | ContributionCnt |
| Noncash Contributions Rpt F990 | $202,625 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Fair Market Value | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Column (b): | FormAndLineReferenceDesc |
| Explanation | The number of contributions represents the number of contributions received. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Box F | Paul Kooistra, President, was replaced by Rob Gustafson, Interim President, after the end of this tax period, 06/30/2016. Accordingly Rob Gustafson is not reported on Form 990, Part VII, during this tax period. |
| Form 990, Part VI, Section A, line 1 | The governing body delegates broad authority to an Executive Committee consisting of the Board Officers and Board Committee Chairs. The Executive Committee has full power and authority to act and to transact any business for and on behalf of the College and in the place of the Board of Trustees during the interim between meetings of the Board of Trustees except the Executive Committee may not appoint or remove Corporate Officers, nor make a bulk sale, dissolve the corporation, alter Bylwas, or authorize degrees. |
| Form 990, Part VI, Section A, line 4 | The following changes were made to the Bylaws of Erskine College and Seminary: - Composition of the Board - The number of Members shall not exceed seventeen , three of these shall be ministers of the Associate Reformed Presbyterian Church. - President - The President shall have seat and voice at every Board meeting and Standing Committee meetings including Executive Sessions unless excused by vote of the Board or Committee. |
| Form 990, Part VI, Section B, line 11 | The Board of Trustees of the institution has empowered the Finance Committee to review in detail and approve the Form 990 prior to filing by the institution. Additionally, copies of the completed Form 990 are made available to all Board Members before filing. |
| Form 990, Part VI, Section B, line 12c | The President and Vice-Presidents are required to complete conflict of interest forms on an annual basis. All other institution staff complete the forms ever other year. These forms are reviewed by management and a report is given to the Board of Trustees each year at the February meeting. If a conflict of interest were to arise, all material facts are disclosed to the Committe on Trustees; the proposed contract, transaction, or relationship is examined to determine if it is in the best interest of the college, and the decision is documented; and the individual who has an interest excuses him/herself from the discussion preceding the vote and the vote to approve the proposed contract or transaction. |
| Form 990, Part VI, Section B, line 15a | Line 15a) The President's compensation is reviewed on an annual basis as part of a performance review by the Executive Committee. Compensation is compared against information obtained from Form 990s of other institutions similar in size to Erskine. Process includes contemporaneous substantiation of the deliberation and decision. Line 15b) The Senior Vice President of Finance/Operations, Treasurer's compensation is set by the President, who is independent. The President looks at national and regional comparable salary data for pay increases. |
| Form 990, Part VI, Section C, line 19 | Documents are made available upon request. |
| Form 990, Part XI, line 9: | Unrealized Loss on Interest Rate Swap -191,316. Change in Value of Split-Interest Agreements -192,354. |
| Form 990, Part XII, Line 2c: | The process for oversight of the audit and selection of an independent accountant has not changed from the prior year. |
| Form 990, Part VI, Line 7a/7b: | The College is an institution of the General Synod of the Associate Reformed Presbyterian Church (ARPC). The ARPC appoints the College's trustees and must approve all changes or amendments to the College's charter. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | General Synod of the Associate Reformed Presbyterian Church | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 Cleveland St Ste 110 | AddressLine1Txt |
| City | Greenville | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 576030380 | EIN |
| Primary Activities | Convention of churches | PrimaryActivitiesTxt |
| Legal Domicile State | SC | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | Line 1 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Charitable remainder unitrust (8) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | Trust | PrimaryActivitiesTxt |
| Legal Domicile State | SC | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Erskine College and Theological Seminary | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | General Synod of the Associate Reformed Presbyterian Church | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | C | TransactionTypeTxt |
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