2017-05-15T19:05:57-05:00 2016-06-30 363990892 Capin Crouse LLP 2435 Research Parkway STE 200 Colorado Springs CO 80920 990 2015-07-01 860186050 Arizona Christian University ARIZ 6024895300 2625 E Cactus Rd Phoenix AZ 85032 Timothy R Fischer CFO 6024895300 2017-05-15 1 David C Moja P00747006 7195286225 2015 2021-01-29 14:40:06Z Timothy R Fischer 2625 E Cactus Rd Phoenix AZ 85032 20223263 0 X www.arizonachristian.edu X 1960 AZ Provide a biblically integrated education preparing graduates to serve the Lord Jesus Christ. 12 9 413 31 0 0 9364833 4833391 14180223 15172758 49261 52570 19738 3337 23614055 20062056 7000688 7750255 0 0 6278399 6136386 48000 61000 287898 6989379 5148514 20316466 19096155 3297589 965901 27189537 27515328 15332588 14684167 11856949 12831161 Arizona Christian University provides a biblically integrated education that prepares its graduates to serve the Lord Jesus Christ in ministry and professional occupations. 0 0 16658282 7750255 13682137 Educational Activities:Arizona Christian University is a private, non-profit, Christian university in Phoenix offering a variety of degree programs, honors courses, internship opportunities and multiple pre-professional tracks. ACU's distinguished professors are committed to developing the complete person through the integration of faith, learning, and Christian leadership for our more than 600 students. 834282 0 1491710 Auxiliary Services & Outreach Ministries: Arizona Christian University provides student life programs, updated facilities for students, and extra-curricular activities to further enhance the educational experience for each student.Arizona Christian University provides opportunities for students to fulfill the university's mission to engage the world for Jesus Christ and transform culture with truth. The university helps connect students with ministries in the surrounding community as well as provides the opportunity for students, faculty, and staff to participate in international mission trips. 17492564 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 1 1 1 1 0 1 0 0 0 0 1 0 0 0 1 1272 0 1 413 1 0 0 0 0 0 1 1 0 0 0 0 X 12 9 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AZ X Tim Fischer 6024895300 2625 E Cactus Rd Phoenix AZ 85032 Andy Unkefer Chair 1.00 X X 0 0 0 Floyd Brown Chair (Part Year)/Trustee 5.00 X X 0 0 0 Larry Anderson Vice Chair 1.00 X X 0 0 0 Shelly Roden Secretary 1.00 X X 0 0 0 Arlen Larson Secretary (Part Year) 1.00 X X 0 0 0 Jim Bull Trustee 1.00 X 0 0 0 Darla Clark Trustee 1.00 X 0 0 0 John Cocca Trustee 1.00 X 0 0 0 Don King Trustee 1.00 X 0 0 0 Mark Martin Trustee 1.00 X 0 0 0 John Miller Trustee 1.00 X 0 0 0 Steve Montenegro Trustee 1.00 X 0 0 0 John Ward Trustee 1.00 X 0 0 0 Don Hay Trustee (Part Year) 1.00 X 0 0 0 Len Munsil President 50.00 X 252083 0 25224 Gary Damore Sr. VP & Provost 50.00 X 47617 0 0 Paul Kremer Sr. VP & Provost 50.00 X 95619 0 0 Tim Fischer Chief Financial Officer 50.00 X 54200 0 0 449519 0 25224 1 0 1 0 Sodexo Inc & Associates Dept 880328 Los Angeles CA 90088 Dining Hall Food Services 516279 American Explorer 1701 E Elwood Phoenix AZ 85040 Transportation 149176 Cox Media PO Box 105353 Atlanta GA 30348 Advertising Campaign 118420 3 114864 1514239 3204288 609143 4833391 Student Tuition & Fees 611310 13682137 13682137 Auxiliary Services 611710 1485746 1485746 4875 4875 15172758 52311 52311 52750 0 52750 52750 52750 10504 10245 259 259 259 63700 114864 114202 -50502 -50502 37849 36760 1089 1089 20062056 15173847 0 54818 7750255 7750255 578325 323784 181710 72831 70707 70707 4588114 4187249 313555 87310 547608 528176 13821 5611 351632 310491 34757 6384 35375 35375 138267 138267 61000 61000 1365285 1213332 121266 30687 106644 100779 5865 859230 810843 42455 5932 101758 28651 73107 532403 532403 459345 453926 1259 4160 45400 41945 3042 413 503674 155980 347694 553985 553985 153339 153339 Other Institutional 210744 193654 9385 7705 Bad Debt Expense 47065 47065 Beneficiary Expense 36000 36000 19096155 17492564 1315693 287898 636988 608256 311886 471073 3715553 3352421 666083 379147 24193 23112 13450 5161 101874 912941 27087018 5995770 20487661 21091248 791609 603386 561 0 439679 68583 27189537 27515328 1597581 1276469 669711 452135 9635000 9280000 500000 2981351 2744940 613589 185356 80623 15332588 14684167 X 9810307 10735520 150464 194863 1896178 1900778 11856949 12831161 27189537 27515328 965901 -11686 19997 0 X X 0 1 X 1 1 1 X 4526753 2617951 4536626 9364833 2481837 23528000 4526753 2617951 4536626 9364833 2481837 23528000 2609757 20918243 166136 134329 140614 82901 105061 629041 867813 1210914 54427 43355 63700 2240209 26397250 61786460 0.79240 X Schedule A, Part II: The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and qualifies to use the first listed special rule for Schedule B reporting. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3865422 40600 36000 3870022 3897403 41019 36000 37000 3865422 3893503 183270 134367 45003 3897403 3876192 204176 134290 52576 3893502 3942270 51200 65144 131812 50610 3876192 0.51000 0.49000 0 0 3493613 3493613 15318700 3629905 11688795 8274705 2365865 5908840 21091248 Federal Student Loan Funds 10899 Refundable Advances and Deposits 69724 80623 X Part V, Line 4: The purpose of investment and endowment funds is to support the short and long term financial needs of Arizona Christian University. Part X, Line 2: The University is exempt from federal income taxation under Section 501(c)(3) of the Internal Revenue Code (IRC), per a letter from the Internal Revenue Service dated July 27, 2011, though it would be subject to tax on income unrelated to its exempt purposes (unless that income is otherwise excluded by IRC). The tax years 2012, 2013, 2014, and 2015 are still open to audit for federal purposes and the tax years ending 2013, 2014, and 2015 are still open to audit for state purposes. Contributions to the University are tax deductible to donors under section 170 of the IRC. The University is not classified as a private foundation. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 In accordance with Rev. Proc. 75-50, the nondiscrimination policy is included in all brochures, mailings, catalogs, and is available online. Schedule E, Part I, Line 6 Student financial aid is received from the U.S. Department of Education: Supplemental Educational Opportunity Grants Work Study Pell Grants Direct Student Loans (Loan Guarantees) TEACH Grants X X X X X 1 One Accord 1018 Market St Kirkland WA 98033 Fundraising planning and execution 0 0 61000 -61000 61000 -61000 AZ CO Daniel Award 143864 99889 43975 23699 50890 14236 5627 ACU Golf Classic 34700 14975 19725 8220 5049 5076 1406 178564 114864 63700 8220 28748 55966 14236 7033 114203 -50503 1 Scholarships and tuition assistance 646 7750255 Part I, Line 2: All scholarships are awarded to students who have completed the college's admissions requirements and have registered for classes. Scholarships require a student to maintain a full-time status throughout the semester and are awarded for one year; divided evenly between the Fall and Spring semesters. Most scholarships are renewed annually as long as the student meets the renewal criteria, completes the FAFSA. Music and athletic scholarships require re-evaluation each year and are not automatically renewed. Scholarships are awarded with the understanding that a student will complete the semester for which the award is received. A student must be in good standing and making satisfactory progress in order to receive a scholarship. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Len Munsil President 250198 0 0 0 1885 0 0 0 25704 0 277787 0 0 0 Part I, Line 1a Occasionally the President's spouse (also a University employee) accompanies him to conferences and other events where her presence is requested and there is a valid business purpose. This is treated a business expense and is not included in taxable compensation. A The Industrial Development Authority of the City of Phoenix Arizona 522038405 2014-01-29 10000000 Refund prior issue 7/10/08 for construction/remodeling 0 0 0 A 10000000 330822 126168 1198220 8344790 2014 1 0 1 1 A 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 Andy Unkefer Officer and board member Loan X 2548668 2548668 0 1 1 Shelly Roden Board member Loan X 298402 298402 0 1 1 Don King Board member Loan X 134281 134281 0 1 1 2981351 19980 Scholarships Scholarship Dr Tracy Munsil Assoc Prof De Family member of President 70707 Employee compensation 0 Schedule L, Pt. II All of the notes payable reported on Schedule L, Pt. II began in the current tax year. The balances due in column f have therefore not decreased from the original principal amount in column e. X 1 583860 X Communications equipment 4 11391 FMV-Similar Asset Sa X Food for athletic teams 6 5587 FMV-Similar Asset Sa X Supplies & Equipment 5 5495 FMV-Similar Asset Sa X Radio station equipment 1 2810 FMV-Similar Asset Sa 0 1 0 Part I, Column (b): The number of contributions represents the number of unique contributions received, not the number of items contributed. Form 990, Part VI, Section A, line 2 Board members Shelly Roden, Don King, and Arlen Larson have a business relationship. Form 990, Part VI, Section B, line 11 The Form 990 is prepared by an independent CPA firm, then reviewed in detail by the Finance Team, before the return is provided to the Audit Committee and then the whole board prior to its being submitted to the IRS. Form 990, Part VI, Section B, line 12c Officers, trustees, and key employees are required to submit conflict of interest disclosures annually. These forms are reviewed by management as well as the Audit Committee. Any conflicts or potential conflicts are resolved by the Audit Committee and the Board of Trustees. All interested parties are required to recuse themselves from board deliberations and any subsequent vote. Form 990, Part VI, Section B, line 15 The University participates in annual compensation studies of various higher education associations and the independent board has access to these studies when determining compensation for officers and key employees. Each time the President's contract is extended or renewed, the independent board reviews salary studies and comparable compensation and benefits prior to entering into the contract. The compensation process and decision are documented in the board minutes. Form 990, Part VI, Section C, line 19 The University makes its governing documents, conflict of interest policy, and financial statements available to the public upon written request. Grand Canyon Broadcasters Inc 3741 Karicio Lane Prescott AZ 86303 860643356 Operation of KGCB-FM Christian Radio AZ 501c3 170(b)(1)(A)(vi) Arizona Christian University 0 Charitable remainder trust (1) Hold assets and remit income to University AZ Arizona Christian University 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0