BETA

SHORTER COLLEGE: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
SHORTER COLLEGE (EIN 71-0350954)
Tax period
2015-07-01 to 2016-06-30
Filed
2016-11-13
IRS object ID
201643189349300809
Schema version
2015v2.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2016-11-13T13:15:39-06:00ReturnTs
Tax Period End2016-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN710828404PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1The Tax Center IncBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1955 Carson Cove Suite BAddressLine1Txt
CityConwayCityNm
State AbbreviationARStateAbbreviationCd
ZIP72034ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN710350954EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SHORTER COLLEGEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSHORBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1604 N LOCUST AVEAddressLine1Txt
CityNORTH LITTLE ROCKCityNm
State AbbreviationARStateAbbreviationCd
ZIP72114ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJEROME GREENPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone5013746305PhoneNum
Signature2016-03-14SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGeorge S MackeyPreparerPersonNm
PTINP00591113PTIN
Phone5013276517PhoneNum
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJEROME GREENPrincipalOfficerNm
Gross Receipts$3,460,302GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1894FormationYr
Legal Domicile StateARLegalDomicileStateCd
Activity Or MissionSHORTER COLLEGE IS A PRIVATE CO-EDUCATIONAL TWO YEAR COLLEGEActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,876,381PYContributionsGrantsAmt
CY Contributions Grants$3,460,302CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,876,381PYTotalRevenueAmt
CY Total Revenue$3,460,302CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,743,325PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,067,909CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,074,717PYOtherExpensesAmt
CY Other Expenses$1,299,741CYOtherExpensesAmt
PY Total Expenses$2,818,042PYTotalExpensesAmt
CY Total Expenses$3,367,650CYTotalExpensesAmt
PY Revenues Less Expenses$58,339PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$92,652CYRevenuesLessExpensesAmt
Total Assets BOY$1,427,041TotalAssetsBOYAmt
Total Assets EOY$1,456,727TotalAssetsEOYAmt
Total Liabilities BOY$68,298TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,332TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,358,743NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,451,395NetAssetsOrFundBalancesEOYAmt
MissionSHORTER COLLEGE IS A PRIVATE CO-EDUCATIONAL TWO YEAR COLLEGEMissionDesc
Expense$3,367,650ExpenseAmt
DescORGANIZATION SUCCESSFULLY COMPLETED ANOTHER ACADEMIC YER INCLUDING A HEALTHY SUMMER PROGRAMDesc
Total Program Service Expenses$3,367,650TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressYes (true)OfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJEROME GREENPersonNm
Phone5013746305PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1604 N LOCUST AVEAddressLine1Txt
CityNORTH LITTLE ROCKCityNm
State AbbreviationARStateAbbreviationCd
ZIP72114ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp

FieldValueIRS element (for citing)
PersonJEROME GREENPersonNm
TitlePRESIDENTTitleTxt
Average Hours Per Week40.00AverageHoursPerWeekRt
Average Hours Per Week Rltd Org0.00AverageHoursPerWeekRltdOrgRt
OfficerYes (X)OfficerInd
Reportable Comp From Org$110,000ReportableCompFromOrgAmt
Reportable Comp From Rltd Org$0ReportableCompFromRltdOrgAmt
Other Compensation$0OtherCompensationAmt
FieldValueIRS element (for citing)
Total Reportable Comp From Org$110,000TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Government Grants$1,246,211GovernmentGrantsAmt
All Other Contributions$2,214,091AllOtherContributionsAmt
Total Contributions$3,460,302TotalContributionsAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,460,302TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,921,664TotalAmt
Program Services$1,921,664ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$146,245TotalAmt
Program Services$146,245ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$40,826TotalAmt
Program Services$40,826ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$115,841TotalAmt
Program Services$115,841ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$234,622TotalAmt
Program Services$234,622ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$128,703TotalAmt
Program Services$128,703ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$95,998TotalAmt
Program Services$95,998ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$129,172TotalAmt
Program Services$129,172ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
REPAIRS AND MAINTENANCE$240,817$240,817
PHONE$30,317$30,317
PROFESSIONAL SERVICES$143,326$143,326
PROFESSIONAL FEES$111,834$111,834

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$28,285TotalAmt
Program Services$28,285ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,367,650TotalAmt
Program Services$3,367,650ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$291,250BOYAmt
EOY$318,609EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$140,532BOYAmt
EOY$15,259EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$151,908BOYAmt
EOY$64,079EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$5,595,338LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$4,536,558LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$843,351BOYAmt
EOY$1,058,780EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,427,041BOYAmt
EOY$1,456,727EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$68,298BOYAmt
EOY$5,332EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$68,298BOYAmt
EOY$5,332EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,066,303BOYAmt
EOY$1,427,724EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$292,440BOYAmt
EOY$23,671EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,358,743BOYAmt
EOY$1,451,395EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,427,041BOYAmt
EOY$1,456,727EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$92,652ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (true)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$400,000InvestmentCostOrOtherBasisAmt
Book Value$400,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$4,725,518InvestmentCostOrOtherBasisAmt
Depreciation$4,389,554DepreciationAmt
Book Value$335,964BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$469,820InvestmentCostOrOtherBasisAmt
Depreciation$147,004DepreciationAmt
Book Value$322,816BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,058,780TotalBookValueLandBuildingsAmt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990 governing body review Part VI line 11GOVERNING BODY HAS PROCEDURES IN PLACE TO REVIEW ALL DOCUEMNTS BEFORE FILING.
Officer director etc mailing address Part VI line 9THE ORGANIZATION MAINTAINS ADDRESSES ON FILE FOR ALL OFFICERS AND DIRECTORS
CEO executive director top management comp Part VI line 15aTHE ORGANIZATION HAS A POLICY IN PLACE TO ADDRESS COMPENSATION FOR ALL EMPLOYEES
Other officer or key employee compensation Part VI line 15bTHE ORGANIZATION HAS A POLICY IN PLACE TO ADDRESS COMPENSATION FOR ALL EMPLOYEES
Form 990 availability to public Part VI line 18FORM 990 IS MADE AVAILABLE FOR PUBLIC REVIEW AT THE ADMINISTRATIVE OFFICES
Governing documents etc available to public Part VI line 19FORM 990AS WELL AS OTHER ADMINSTRATIVE DOCUEMNTS ARE MADE AVAILABLE FOR PUBLIC REVIEW AT THE ADMINSTRATIVE OFFICES.
Explanation of other changes in net assets or fund balances Part XI line 9ACCOUNTS PAYABLE

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