2016-02-02T14:01:28-08:00 2015-06-30 Mukai Greenlee & Company PC 2600 North Central Avenue Suite 182 Phoenix AZ 850043000 990 2014-07-01 860294012 PRESCOTT COLLEGE PRES 9283504006 220 Grove Avenue Prescott AZ 86301 Andrea Jaeckel CFO 2016-01-29 true Patrick W Greenlee CPA P01076858 6022792600 2014 2016-04-25 22:37:26Z 19495880 false false X www.prescott.edu X 1975 AZ INTERDISCIPLINARY AND EXPERIENTIAL LIBERAL ARTS EDUCATIONAL INSTITUTION. OFFERS ON-CAMPUS UNDERGRADUATE AND MASTERS DEGREES AND LIMITED RESIDENCY UNDERGRADUATE, MASTERS AND PHD DEGREES. 13 11 522 284208 -172123 1299178 1013675 18943806 16377082 -104618 35989 1722116 1863116 21860482 19289862 3543948 0 10266116 8654561 0 158372 11669877 6535282 21935993 18733791 -75511 556071 26512675 26331175 14120513 13309076 12392162 13022099 X INTERDISCIPLINARY AND EXPERIENTIAL LIBERAL ARTS EDUCATIONAL INSTITUTION. OFFERS ON-CAMPUS UNDERGRADUATE AND MASTERS DEGREES AND LIMITED RESIDENCY UNDERGRADUATE, MASTERS AND PHD DEGREES. false false 7822418 2103827 9014998 ON-CAMPUS UNDERGRADUATE BACHELOR OF ARTS DEGREES IN ADVENTURE EDUCATION, ARTS AND LETTERS, ENVIRONMENTAL SCIENCE, EDUCATION, CULTURAL AND REGIONAL STUDIES AND HUMAN DEVELOPMENT. FULL TIME EQUIVALENTS FOR THE FALL TERM: 430. 3292505 1721313 7312559 LIMITED RESIDENCY UNDERGRADUATE, MASTERS, AND PHD DEGREE PROGRAMS AND ON CAMPUS MASTERS PROGRAM: COMMUNITY-BASED INDIVIDUALLY MENTORED BACHELOR OF ARTS DEGREES IN HUMANITIES OR LIBERALS ARTS INCLUDING TEACHER PREPARATION. MASTER OF ARTS DEGREE IN ADVENTURE EDUCATION, COUNSELING PSYCHOLOGY, ENVIRONMENTAL EDUCATION, HUMANITIES AND EDUCATION. A PHD DEGREE IN SUSTAINABILITY EDUCATION. FULL TIME EQUIVALENTS FOR THE FALL TERM: 272. 334567 5179 LIBRARY AND LEARNING COMMONS. 48188 44346 11497678 true true false false false false false true false true true true false false false true true false true true true false true false false false false false true false true false false false false false false false true false false false true false false false false false false false false true 307 0 true 522 true true true false false false false false false 0 false false false false false false false false false false X 13 11 false false false false false true true true true false false true true true true false true true true false AZ X Andrea Jaeckel 9283504006 220 Grove Ave Prescott AZ 86301 WALT ANDERSON BOARD SECRETARY 40.00 0.00 X X 38000 0 474 PETER EVANS Trustee 0.00 0.00 X 0 0 0 GEOFF BARNARD Trustee 0.00 0.00 X 0 0 0 ROXANN GALLAGHER Trustee 0.00 0.00 X 0 0 0 MARY ORTON Trustee 0.00 0.00 X 0 0 0 Elizabeth SCHWARTZ Trustee 0.00 0.00 X 0 0 0 Sam Campana Trustee 0.00 0.00 X 0 0 0 Luna Martinez Trustee 0.00 0.00 X 0 0 0 John Van Domelen Interim Pre/CEO 40.00 0.00 X X 11000 0 0 KEN ZEISENHEIM Treasurer 0.00 0.00 X X 0 0 0 MICHAEL ROONEY Trustee 0.00 0.00 X 0 0 0 JAMES WALSH Tte/Vice Chair 0.00 0.00 X X 0 0 0 Suzanne Morse Trustee 0.00 0.00 X 0 0 0 PAUL BURKHARDT Chief Acad Off 40.00 0.00 X 117344 0 1784 Anne LaBruzzo Fmr CFO 40.00 0.00 X 84081 0 3284 CATHERINE BOLAND Fmr CFO 40.00 0.00 X 14710 0 1025 John Flicker President & CEO 40.00 0.00 X 146149 0 856 Marjory Sente VP Advancement 40.00 0.00 X 19723 0 360 Jerri Brown Dean of Enrollment Management 40.00 0.00 X 68612 0 3023 Beverly Santo Dean of Graduate Programs & Ltd Res 40.00 0.00 X 77001 0 1214 Steve Pace Dean of Undergraduate Program 40.00 0.00 X 59605 0 3282 636225 15302 2 false false false Ruffalo Noel Levitz 5660 Greenwood Plaze Blvd 300N Greenwood Village CO 80111 Services 175324 OMK Properties LLC 7228 N Dreamy Draw Drive Phoenix AZ 85020 Rent 138033 Stanley Lumber Company 650 Morrell Blvd Prescott AZ 86301 Rent 104113 Hobsons Inc 50 E-Business Wat Suite 300 Cincinnati OH 45241 Services 426360 4 1013675 12500 1013675 CESLL 44346 44346 EXTERNAL DEGREE PROGRAM 7312559 7312559 LIBRARY 5179 5179 RESIDENT DEGREE PROGRAM 9014998 9014998 16377082 57877 57877 0 0 755523 755523 755523 100975 654548 37804 59692 -21888 -21888 -21888 0 0 372137 146326 225811 42578 183233 MISCELLANEOUS REVENUE 881782 881782 881782 19289862 17337431 284208 654548 X 0 3527198 3527198 16750 16750 0 651527 651527 0 6283258 3383511 2800488 99259 0 1719776 809775 893443 16558 0 0 12413 12413 70345 70345 0 0 0 0 284729 281879 2850 98326 19700 77645 981 0 0 0 130856 74457 51998 4401 0 0 420900 252540 168360 0 899838 539903 359935 405047 243028 162019 Outside Services 756167 373875 382292 Rent 697852 11683 686169 Computer Expenses 402833 402833 Scholarships & Grants 281192 281192 2074784 1030660 1006951 37173 18733791 11497678 7077741 158372 1139878 1724316 1457048 1491223 10607 5098 450688 406159 0 0 0 61226 41423 354474 294366 27622243 7716542 20549550 19905701 0 1959569 2042859 0 159382 142151 370253 277879 26512675 26331175 1707454 1525610 1208820 1138260 10200929 9930206 1003310 715000 14120513 13309076 X 10148090 10662155 787024 868721 1457048 1491223 12392162 13022099 26512675 26331175 556071 73866 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12500 12500 X false 3092484 34175 12302 3138961 2829075 263409 3092484 2503166 325909 2829075 2367397 135768 2503165 1716632 629173 156853 135260 2367398 0.52500 0.47500 true false false 2139080 2139080 20508134 4195643 16312491 320001 299242 20759 693564 689545 4019 3961464 2532112 1429352 19905701 2042859 X 19289862 19289862 19289862 18733791 18733791 18733791 Part III, Line 4: Description of organization's collections and how it furthers its purpose. Works of Art Displayed on Campus Part V, Line 4: Intended uses of the endowment fund. Endowment Funds are established for scholarships Part X : FIN48 Footnote The College has adopted ASC 740, Income Taxes. This standard requires a more likely-than not threshold for financial statement recognition and measurement of tax positions taken or expected to be taken in the College's tax return. Management believes the tax positions taken on the Colleges' tax returns are fairly stated. To the extent that the College managements assessment of such tax positions changes, the change in estimate is recorded in the period in which the determination ismade. Tax years ended June 30, 2012 and 2011, are open tax years for Federal and Arizona, respectively. true true true true true true true false false false false false false false false true false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized THE COLLEGE POLICIES MANUALS AND CATALOGS STATE NON-DISCRIMINATION POLICY. Schedule E, Line 4 - Explanation of Records and Materials Not Maintained Schedule E, Line 5 - Explanation of Organization Discrimination by Race true Kino Bay 1 4 Program Services Provide educational programs for school students 164000 1 4 1 4 164000 164000 Scholarships and Grants North America 3 16750 Scholarship false false false false false false Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US The business office at Prescott College maintains all grant financials, and if necessary, draws down the money from the granting agency. true 0 0 Scholarships & Grants 557 3527198 A IDA of County of Yavapai 866093423 2013-09-20 10400000 Refund Prior Debt false false false A 469794 10400000 10400000 2013 true false true true A false false false false false true A false true true Compass Bank 10.0000 false false false false true A true Part VI Note: Part I(c): No CUSIP was assigned to the bonds because they were issued via private placement. Michael Rooney Trustee 10076 Legal Services false X 4 12500 FMV false false false Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: EXTENDED STUDIES AND LIFELONG LEARNING CENTER: THE COURSES CAN VARY FROM LOCAL COMMUNITY BASED TO TRAVEL PROGRAMS. THE COURSES ARE SET UP TO BE NON-CREDIT AND NON-DEGREE. THIS PROGRAM IS ACADEMIC IN NATURE FOR NON-DEGREE SEEKING STUDENTS. COURSES REFLECT THE COLLEGES MISSION IN NATURE. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body Prescott College Corporation which is comprised of students, employees, alumni, and Board of Trustees votes to elect the members of the Board of Trustees. Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders Decisions relating to the bylaws and the Mission Statement must be voted on and approved by the "Corporation". Form 990, Part VI, Line 11b: Form 990 Review Process Form 990 is first reviewed by the CFO. Next, the return is reviewed by the finance committee. The return receives final approval by the Board of Trustees. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The policy is enforced if the conflict is known. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Top Management and Directors as well as other positions in the college are determined based on comparability of data from like institutions, like positions and the local economy. Status within Prescott College is also a factor so that one job is not out of alignment compared to other like responsibility jobs in other departments. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Governing documents via Prescott College website; conflict of interest policy and audited financial statements upon request. Form 990, Part IX, Line 24e: Other Expenses Admin Overhead: Column (A) - Total = $102974; Column (B) - Program Services = $0; Column (C) - Management & General = $92627; Column (D) - Fundraising = $10347 Form 990, Part IX, Line 24e: Other Expenses Alligator Juniper: Column (A) - Total = $3486; Column (B) - Program Services = $3486; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Bad Debt Expense: Column (A) - Total = $52187; Column (B) - Program Services = $52187; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses BANKING FEES: Column (A) - Total = $21717; Column (B) - Program Services = $0; Column (C) - Management & General = $21717; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Books & Periodicals: Column (A) - Total = $16250; Column (B) - Program Services = $15100; Column (C) - Management & General = $1150; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Consultant Fees: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Counseling Services: Column (A) - Total = $8838; Column (B) - Program Services = $8838; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Course Budget Expenses: Column (A) - Total = $191939; Column (B) - Program Services = $191939; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Course Liability & Research: Column (A) - Total = $9299; Column (B) - Program Services = $9215; Column (C) - Management & General = $84; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Curriculum Development: Column (A) - Total = $30016; Column (B) - Program Services = $30016; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Discretionary Fund: Column (A) - Total = $51133; Column (B) - Program Services = $619; Column (C) - Management & General = $50514; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Employee Recognition: Column (A) - Total = $1857; Column (B) - Program Services = $0; Column (C) - Management & General = $1857; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Employee Relocation: Column (A) - Total = $28680; Column (B) - Program Services = $0; Column (C) - Management & General = $28680; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Entertainment: Column (A) - Total = $5939; Column (B) - Program Services = $4747; Column (C) - Management & General = $1192; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Faculty Functions: Column (A) - Total = $1793; Column (B) - Program Services = $1793; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Fuel: Column (A) - Total = $40848; Column (B) - Program Services = $40848; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Furnishings & Equipment: Column (A) - Total = $35955; Column (B) - Program Services = $6620; Column (C) - Management & General = $29335; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Graduation Expense: Column (A) - Total = $12337; Column (B) - Program Services = $0; Column (C) - Management & General = $12337; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Housing Allowance: Column (A) - Total = $47162; Column (B) - Program Services = $47162; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses JANITORIAL EXPENSE: Column (A) - Total = $22224; Column (B) - Program Services = $2893; Column (C) - Management & General = $19331; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Library Supplies: Column (A) - Total = $10128; Column (B) - Program Services = $10128; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Membership, Dues & Conf Fees: Column (A) - Total = $36829; Column (B) - Program Services = $2218; Column (C) - Management & General = $29730; Column (D) - Fundraising = $4881 Form 990, Part IX, Line 24e: Other Expenses MISCELLANEOUS: Column (A) - Total = $112598; Column (B) - Program Services = $14366; Column (C) - Management & General = $93767; Column (D) - Fundraising = $4465 Form 990, Part IX, Line 24e: Other Expenses Office Supplies: Column (A) - Total = $2894; Column (B) - Program Services = $2894; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Orientation & Seminars: Column (A) - Total = $29462; Column (B) - Program Services = $29462; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Other Taxes: Column (A) - Total = $32008; Column (B) - Program Services = $0; Column (C) - Management & General = $32008; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Permits & Fees: Column (A) - Total = $62659; Column (B) - Program Services = $15289; Column (C) - Management & General = $47370; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Postage and Shipping: Column (A) - Total = $70353; Column (B) - Program Services = $36577; Column (C) - Management & General = $31808; Column (D) - Fundraising = $1968 Form 990, Part IX, Line 24e: Other Expenses Printing and Publications: Column (A) - Total = $140426; Column (B) - Program Services = $96481; Column (C) - Management & General = $42699; Column (D) - Fundraising = $1246 Form 990, Part IX, Line 24e: Other Expenses Processing Fees: Column (A) - Total = $2114; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $2114 Form 990, Part IX, Line 24e: Other Expenses Professional Development: Column (A) - Total = $15808; Column (B) - Program Services = $0; Column (C) - Management & General = $5113; Column (D) - Fundraising = $10695 Form 990, Part IX, Line 24e: Other Expenses Program Allowance & Discounts: Column (A) - Total = $17475; Column (B) - Program Services = $17475; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Program Expense: Column (A) - Total = $65011; Column (B) - Program Services = $8684; Column (C) - Management & General = $56327; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Recruiting: Column (A) - Total = $52913; Column (B) - Program Services = $44394; Column (C) - Management & General = $8519; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses REPAIRS & MAINTENANCE: Column (A) - Total = $77962; Column (B) - Program Services = $19717; Column (C) - Management & General = $58245; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Safety: Column (A) - Total = $4680; Column (B) - Program Services = $0; Column (C) - Management & General = $4680; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Software: Column (A) - Total = $187819; Column (B) - Program Services = $187819; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Speakers, Writers & Exhibition: Column (A) - Total = $2400; Column (B) - Program Services = $2400; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Special Events: Column (A) - Total = $73653; Column (B) - Program Services = $43872; Column (C) - Management & General = $28324; Column (D) - Fundraising = $1457 Form 990, Part IX, Line 24e: Other Expenses Student ID Cards: Column (A) - Total = $8209; Column (B) - Program Services = $0; Column (C) - Management & General = $8209; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Subscriptions: Column (A) - Total = $10295; Column (B) - Program Services = $10295; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Telephone & Fax: Column (A) - Total = $47557; Column (B) - Program Services = $901; Column (C) - Management & General = $46656; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Trustee Support: Column (A) - Total = $6776; Column (B) - Program Services = $0; Column (C) - Management & General = $6776; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Tuition Discounts: Column (A) - Total = $45800; Column (B) - Program Services = $45800; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Utilities: Column (A) - Total = $247896; Column (B) - Program Services = $0; Column (C) - Management & General = $247896; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Vehicle Expenses: Column (A) - Total = $30098; Column (B) - Program Services = $30098; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Work Study: Column (A) - Total = $-3673; Column (B) - Program Services = $-3673; Column (C) - Management & General = $0; Column (D) - Fundraising = $0