FRIENDS UNIVERSITY: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- FRIENDS UNIVERSITY (EIN 48-0547702)
- Tax period
- 2014-07-01 to 2015-06-30
- Filed
- 2016-03-11
- IRS object ID
- 201630719349300903
- Schema version
- 2014v6.0
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-03-11T13:19:15-06:00 | ReturnTs |
| Tax Period End | 2015-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8300 THORN DRIVE SUITE 300 | AddressLine1Txt |
| City | WICHITA | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 672262708 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 480547702 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Friends University | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % MARSHA BEWERSDORF | InCareOfNm |
| Business Name Control | FRIE | BusinessNameControlTxt |
| Phone | 3162955000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2100 W University Avenue | AddressLine1Txt |
| City | Wichita | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 672133379 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARSHA BEWERSDORF | PersonNm |
| Person Title | VICE PRESIDENT, FINANCE | PersonTitleTxt |
| Phone | 3162955679 | PhoneNum |
| Signature | 2016-03-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Rebecca Zecha | PreparerPersonNm |
| PTIN | P00648970 | PTIN |
| Phone | 3162653231 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-08-17 19:52:53Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Dr Amy Bragg Carey | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2100 W University Avenue | AddressLine1Txt |
| City | Wichita | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 672133379 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $57,176,285 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.friends.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1898 | FormationYr |
| Legal Domicile State | KS | LegalDomicileStateCd |
| Activity Or Mission | FRIENDS UNIVERSITY, A CHRISTIAN UNIVERSITY OF QUAKER HERITAGE, EQUIPS STUDENTS TO HONOR GOD AND SERVE OTHERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 19 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 1165 | TotalEmployeeCnt |
| Total Volunteers | 40 | TotalVolunteersCnt |
| Total Gross UBI | $19,996 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $18,996 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,032,533 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,078,252 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $36,973,998 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $36,057,750 | CYProgramServiceRevenueAmt |
| PY Investment Income | $8,681,742 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,611,341 | CYInvestmentIncomeAmt |
| PY Other Revenue | $154,774 | PYOtherRevenueAmt |
| CY Other Revenue | $46,083 | CYOtherRevenueAmt |
| PY Total Revenue | $46,843,047 | PYTotalRevenueAmt |
| CY Total Revenue | $40,793,426 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $8,818,832 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $10,082,608 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $21,379,423 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $19,403,356 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $2,500 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $927,672 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $13,962,982 | PYOtherExpensesAmt |
| CY Other Expenses | $13,226,713 | CYOtherExpensesAmt |
| PY Total Expenses | $44,161,237 | PYTotalExpensesAmt |
| CY Total Expenses | $42,715,177 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,681,810 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,921,751 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $126,222,000 | TotalAssetsBOYAmt |
| Total Assets EOY | $116,983,000 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $20,504,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $17,365,000 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $105,718,000 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $99,618,000 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | FRIENDS UNIVERSITY, A CHRISTIAN UNIVERSITY OF QUAKER HERITAGE, EQUIPS STUDENTS TO HONOR GOD AND SERVE OTHERS BY INTEGRATING THEIR INTELLECTUAL, SPIRITUAL AND PROFESSIONAL LIVES. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $7,234,073 | ExpenseAmt |
| Revenue | $4,969,973 | RevenueAmt |
| Desc | THE COLLEGE OF ADULT AND PROFESSIONAL STUDIES PROVIDES UNDERGRADUATE PROGRAMS DESIGNED FOR BUSY ADULTS. THE COLLEGE IS COMMITTED TO PROVIDING ACADEMIC EXCELLENCE FOR A DIVERSE COMMUNITY OF LIFELONG LEARNERS. UNDERGRADUATE STUDIES ARE ADMITTED BASED ON THEIR POTENTIAL FOR ACHEIVING ACADEMIC SUCCESS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $9,326,712 | ExpenseAmt |
| Grant | $34,428 | GrantAmt |
| Revenue | $6,888,518 | RevenueAmt |
| Desc | THE MISSION OF THE GRADUATE COLLEGE IS TO PROVIDE A HIGH-QUALITY LEARNING ENVIRONMENT FOR STUDENTS SEEKING PROFESSIONAL GRADUATE EDUCATION. WITH PROGRAMS OFFERED AT THE MAIN WICHITA CAMPUS, ONLINE, AND AT TWO EDUCATION CENTERS (OVERLAND PARK AND TOPEKA). | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $21,607,781 | ExpenseAmt |
| Grant | $10,048,180 | GrantAmt |
| Revenue | $24,199,259 | RevenueAmt |
| Desc | THE COLLEGE OF BUSINESS, ARTS, SCIENCES AND EDUCATION IS THE TRADITIONAL UNDERGRADUATE LIBERAL ARTS COLLEGE. STUDENTS RECEIVE A BROAD-BASED EDUCATION AND ARE GIVEN OPPORTUNITIES TO APPLY THEIR EDUCATION AND INTEGRATE THEIR EDUCATION BEYOND THE CLASSROOM THROUGH INTERNSHIPS, RESEARCH PROJECTS, STUDY ABROAD, PARTICIPATION IN ATHLETICS OR PERFORMING ARTS AND IN STUDENT ORGANIZATIONS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $67,524 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $38,236,090 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | Yes (true) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 93 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 1165 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Country | CJ | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 19 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | Yes (true) | LocalChaptersInd |
| Policies Reference Chapters | Yes (true) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARSHA BEWERSDORF | PersonNm |
| Phone | 3162955679 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2100 W UNIVERSITY AVENUE | AddressLine1Txt |
| City | WICHITA | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 672133379 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (27 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| John Lewis | |||||||||
| Chair | 10.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Denis Knight | |||||||||
| Vice Chair | 5.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Craig Bay | |||||||||
| Treasurer | 5.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Duane Hansen | |||||||||
| Secretary | 5.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Michael Bankston | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Marilyn Brown | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Kim Dugger Attwater | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Dave Depew | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Ardith Dunn | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Lynn Ghormley | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Leatha Hein | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Kevin Henderson | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Kevin Hoppock | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Jace Hyder | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Kelly Linnens | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Paul Moore | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Jana Mullen | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Ed Roberts | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Darcy Zabel | |||||||||
| Interim President | 45.0 | 0.0 | Yes (X) | Yes (X) | $188,785 | $0 | $16,388 | ||
| Heidi Hoskinson | |||||||||
| V.P., Academic Affairs | 45.0 | 0.0 | Yes (X) | $121,834 | $0 | $25,502 | |||
| Randy Doerksen | |||||||||
| V.P., Admin. & Finance | 45.0 | 0.0 | Yes (X) | $124,011 | $0 | $67,087 | |||
| Carole Obermeyer | |||||||||
| V.P., Student Affairs | 45.0 | 0.0 | $135,711 | $0 | $20,024 | Yes (X) | |||
| Teresa Muirhead | |||||||||
| V.P.,Institutional Advancement | 45.0 | 0.0 | $140,210 | $0 | $12,025 | Yes (X) | |||
| Kelley Williams | |||||||||
| V.P., HR. & Administration | 45.0 | 0.0 | $126,889 | $0 | $46,762 | Yes (X) | |||
| David Hofmeister | |||||||||
| Dean, Adult & Graduate Studies | 45.0 | 0.0 | $116,488 | $0 | $25,479 | Yes (X) | |||
| Dan Lord | |||||||||
| Prf. Marriage & Family Therapy | 45.0 | 0.0 | $112,997 | $0 | $11,263 | Yes (X) | |||
| TJ Arant | |||||||||
| President Term - 3/2014 | 0.0 | 0.0 | $209,613 | $0 | $7,083 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,276,538 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $231,613 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 9 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Sodexo | |||||
| PO Box 70060 | CHICAGO | IL | 60673 | Food Service Mgmt | $888,303 |
| Armstrong Chamberlin | |||||
| PO Box 16719 | WICHITA | KS | 67216 | Advertising | $590,205 |
| Follett Higher Education Group | |||||
| 3146 Solutions Center | CHICAGO | IL | 60677 | Bookstore Mgmt | $267,921 |
| Strata Information Group | |||||
| 3935 Harney St Ste 203 | SAN DIEGO | CA | 92110 | Database Mgmt | $194,130 |
| The Learning House | |||||
| 427 S 4th St Ste 300 | LOUISVILLE | KY | 40202 | Learning Mgmt System | $384,038 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $63,523 | FundraisingAmt |
| Government Grants | $146,936 | GovernmentGrantsAmt |
| All Other Contributions | $867,793 | AllOtherContributionsAmt |
| Total Contributions | $1,078,252 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION & FEES | 611600 | $32,946,119 | $32,946,119 |
| AUXILIARY | 611710 | $2,834,344 | $2,834,344 |
| SALES & SERVICES | 900099 | $238,011 | $238,011 |
| INVESTMENT INCOME - PROGRAM RELATED | 900099 | $7,188 | $7,188 |
| OTHER PROGRAM SERVICE REVENUE | 900099 | $32,088 | $32,088 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $36,057,750 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,455,284 | TotalRevenueColumnAmt |
| Exclusion | $3,455,284 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $39,057 | TotalRevenueColumnAmt |
| Exclusion | $39,057 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $65,678 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $92,613 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$26,935 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$26,935 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $19,996 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$46,931 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $16,402,000 | SecuritiesAmt |
| Other | $19,713 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $16,263,632 | SecuritiesAmt |
| Other | $2,024 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $138,368 | SecuritiesAmt |
| Other | $17,689 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $156,057 | TotalRevenueColumnAmt |
| Exclusion | $156,057 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rpt Fundraising Event | $63,523 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $24,590 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$24,590 | TotalRevenueColumnAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| CHANNEL LEASE REVENUE | 900099 | $32,000 | $32,000 |
| VENDING REVENUE | 900099 | $26,551 | $26,551 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $58,551 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $40,793,426 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $36,057,750 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $19,996 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,662,018 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,082,608 | TotalAmt |
| Program Services | $10,082,608 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,152,938 | TotalAmt |
| Program Services | $221,413 | ProgramServicesAmt |
| Management And General | $795,008 | ManagementAndGeneralAmt |
| Fundraising | $136,517 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,296,061 | TotalAmt |
| Program Services | $13,227,227 | ProgramServicesAmt |
| Management And General | $663,243 | ManagementAndGeneralAmt |
| Fundraising | $405,591 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $647,815 | TotalAmt |
| Program Services | $544,721 | ProgramServicesAmt |
| Management And General | $67,064 | ManagementAndGeneralAmt |
| Fundraising | $36,030 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,057,748 | TotalAmt |
| Program Services | $1,799,670 | ProgramServicesAmt |
| Management And General | $176,964 | ManagementAndGeneralAmt |
| Fundraising | $81,114 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,248,794 | TotalAmt |
| Program Services | $1,121,622 | ProgramServicesAmt |
| Management And General | $82,796 | ManagementAndGeneralAmt |
| Fundraising | $44,376 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $157,903 | TotalAmt |
| Management And General | $154,510 | ManagementAndGeneralAmt |
| Fundraising | $3,393 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,586 | TotalAmt |
| Management And General | $67,586 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,500 | TotalAmt |
| Fundraising | $2,500 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,634 | TotalAmt |
| Management And General | $38,634 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,509,303 | TotalAmt |
| Program Services | $1,354,498 | ProgramServicesAmt |
| Management And General | $99,874 | ManagementAndGeneralAmt |
| Fundraising | $54,931 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $826,680 | TotalAmt |
| Program Services | $779,379 | ProgramServicesAmt |
| Management And General | $17,416 | ManagementAndGeneralAmt |
| Fundraising | $29,885 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $997,635 | TotalAmt |
| Program Services | $888,467 | ProgramServicesAmt |
| Management And General | $26,865 | ManagementAndGeneralAmt |
| Fundraising | $82,303 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $375,157 | TotalAmt |
| Program Services | $295,150 | ProgramServicesAmt |
| Management And General | $79,855 | ManagementAndGeneralAmt |
| Fundraising | $152 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,759,206 | TotalAmt |
| Program Services | $2,759,206 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $693,664 | TotalAmt |
| Program Services | $649,402 | ProgramServicesAmt |
| Management And General | $18,143 | ManagementAndGeneralAmt |
| Fundraising | $26,119 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,675 | TotalAmt |
| Program Services | $43,982 | ProgramServicesAmt |
| Management And General | $4,139 | ManagementAndGeneralAmt |
| Fundraising | $2,554 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $397,819 | TotalAmt |
| Program Services | $14,027 | ProgramServicesAmt |
| Management And General | $383,792 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,246,518 | TotalAmt |
| Program Services | $2,021,866 | ProgramServicesAmt |
| Management And General | $224,652 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $369,415 | TotalAmt |
| Program Services | $193,909 | ProgramServicesAmt |
| Management And General | $175,506 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| STUDENT BOARD PLAN | $777,626 | $777,626 | ||
| PUBLICATIONS & SUBSCRIPTIONS | $224,356 | $220,152 | $2,827 | $1,377 |
| DUES | $204,213 | $140,160 | $61,349 | $2,704 |
| ITEMS FOR RE-SALE | $156,942 | $156,942 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,373,381 | TotalAmt |
| Program Services | $944,063 | ProgramServicesAmt |
| Management And General | $411,192 | ManagementAndGeneralAmt |
| Fundraising | $18,126 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,715,177 | TotalAmt |
| Program Services | $38,236,090 | ProgramServicesAmt |
| Management And General | $3,551,415 | ManagementAndGeneralAmt |
| Fundraising | $927,672 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,874 | BOYAmt |
| EOY | $1,325 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,690,126 | BOYAmt |
| EOY | $12,413,675 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,320,000 | BOYAmt |
| EOY | $4,606,000 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $81,880,928 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $32,485,928 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,436,000 | BOYAmt |
| EOY | $49,395,000 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,021,000 | BOYAmt |
| EOY | $42,019,000 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,000 | BOYAmt |
| EOY | $53,000 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,707,000 | BOYAmt |
| EOY | $8,495,000 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $126,222,000 | BOYAmt |
| EOY | $116,983,000 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,225,000 | BOYAmt |
| EOY | $1,532,000 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,929,000 | BOYAmt |
| EOY | $1,088,000 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,490,000 | BOYAmt |
| EOY | $12,055,000 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,860,000 | BOYAmt |
| EOY | $2,690,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,504,000 | BOYAmt |
| EOY | $17,365,000 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,303,000 | BOYAmt |
| EOY | $58,679,000 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,784,000 | BOYAmt |
| EOY | $4,412,000 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,631,000 | BOYAmt |
| EOY | $36,527,000 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $105,718,000 | BOYAmt |
| EOY | $99,618,000 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $126,222,000 | BOYAmt |
| EOY | $116,983,000 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$1,921,751 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$4,178,597 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $348 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | 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 (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
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
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $329,000 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Held Works Art | HeldWorksArtGrp | |
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $48,217,000 | BeginningYearBalanceAmt |
| Contributions | $217,000 | ContributionsAmt |
| Investment Earnings Or Losses | -$732,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,866,264 | GrantsOrScholarshipsAmt |
| Other Expenditures | $70,736 | OtherExpendituresAmt |
| End Year Balance | $45,765,000 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $44,688,000 | BeginningYearBalanceAmt |
| Contributions | $214,000 | ContributionsAmt |
| Investment Earnings Or Losses | $5,264,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,877,340 | GrantsOrScholarshipsAmt |
| Other Expenditures | $71,660 | OtherExpendituresAmt |
| End Year Balance | $48,217,000 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $40,294,000 | BeginningYearBalanceAmt |
| Contributions | $2,078,000 | ContributionsAmt |
| Investment Earnings Or Losses | $4,255,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,867,100 | GrantsOrScholarshipsAmt |
| Other Expenditures | $71,900 | OtherExpendituresAmt |
| End Year Balance | $44,688,000 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $41,686,000 | BeginningYearBalanceAmt |
| Contributions | $1,909,000 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,310,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,221,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $770,000 | OtherExpendituresAmt |
| End Year Balance | $40,294,000 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $38,141,000 | BeginningYearBalanceAmt |
| Contributions | $269,000 | ContributionsAmt |
| Investment Earnings Or Losses | $5,306,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,204,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $826,000 | OtherExpendituresAmt |
| End Year Balance | $41,686,000 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.28006 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.64890 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.07104 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,303,696 | OtherCostOrOtherBasisAmt |
| Book Value | $2,303,696 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $59,271,839 | OtherCostOrOtherBasisAmt |
| Depreciation | $17,867,619 | DepreciationAmt |
| Book Value | $41,404,220 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovementsGrp |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $14,721,833 | OtherCostOrOtherBasisAmt |
| Depreciation | $10,815,503 | DepreciationAmt |
| Book Value | $3,906,330 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,583,560 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,802,806 | DepreciationAmt |
| Book Value | $1,780,754 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $49,395,000 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (6 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| CASH SURRENDER VALUE LIFE INS. | $314,000 |
| FUNDS HELD BY TRUSTEE | $500,000 |
| ART | $329,000 |
| OTHER ASSETS | $346,000 |
| INTEREST IN PERPETUAL TRUST | $6,103,000 |
| MINERAL INTERESTS | $903,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $8,495,000 | TotalBookValueOtherAssetsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| ANNUITIES PAYABLE | $157,000 |
| FED. PORTION PERKINS FUND DEP. | $2,082,000 |
| OTHER LIABILITIES | $451,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,690,000 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $26,392,000 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$4,178,597 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$10,082,608 | OtherRevenueAmt |
| Revenue Not Reported | -$14,261,205 | RevenueNotReportedAmt |
| Revenue Subtotal | $40,653,205 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $257,163 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$116,942 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $140,221 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $40,793,426 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $32,492,000 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $117,202 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $117,202 | ExpensesNotReportedAmt |
| Expenses Subtotal | $32,374,798 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $257,163 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $10,083,216 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $10,340,379 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $42,715,177 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Description of Organization's Collections | Schedule D, Part III, Line 4 THE BLOOMFIELD ART COLLECTION WAS GIFTED TO THE UNIVERSITY MANY YEARS AGO. THE SMALL EXHIBIT CONSISTS OF 15TH AND 16TH CENTURY ART. IT IS NOT REFLECTED ON THE FINANCIAL STATEMENTS AS A COLLECTION BECAUSE IT IS CONSIDERED IMMATERIAL. THIS ART COLLECTION IS REFLECTED IN THE PLANT FUND OTHER ASSETS, VALUE OF $329,000. PIECES FROM THE COLLECTION ARE PERIODICALLY DISPLAYED IN THE RINEY FINE ARTS BUILDING ART GALLERY/LOBBY. |
| Intended Uses of Endowment Funds | Schedule D, Part V, Line 4 ENDOWMENT FUNDS ARE USED TO UNDERWRITE STUDENT SCHOLARSHIPS AND INSTITUTIONAL OPERATIONS, AS DESIGNATED BY DONORS. |
| FIN 48 (ASC 740) FOOTNOTE | Schedule D, Part X, Line 2 The University is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and a similar provision of state law. The University annually evaluates tax positions taken with regard to unrelated business income, related deductions applied, or other activities that may jeopardize its tax exempt status and thus would meet the definition of an uncertain tax position. The University recognizes the financial statement benefit of a tax position only after determining the relevant tax authority would more likely than not sustain the position following an audit. The University has concluded that there are no uncertain tax positions taken that would require recognition of a liability or disclosure in the financial statements. The University is generally no longer subject to U.S. federal and state income tax examinations by taxing authorities for fiscal years before 2012. |
| Reconciliation of Revenue | Schedule D, Part XI, Line 2d Scholarships $(10,082,608) Schedule D, Part XI, Line 4b Rental Expense $ ( 92,612) Fundraising Expense ( 24,590) Rounding 260 --------- $ (116,492) |
| Reconciliation of Expenses | Schedule D, PART XII, LINE 2D Rental Expense $ 92,612 Fundraising Expense 24,590 -------- $ 117,202 Schedule D, Part XII, Line 4b Scholarships $10,082,608 Rounding 608 ---------- $10,083,216 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Publication of Racially Nondiscriminatory Policy | Schedule E, Part I, Line 3 The University's nondiscrimination statement appears on all print advertisements, including newspaper, magazine ads, chamber ads and directories, direct mail, brochures, collateral, flyers, landing pages, and email advertising. The nondiscrimination statement reads, "Friends University does not discriminate against academically qualified students on the basis of race, color, national or ethnic origin, sex, disability or age in its program activities." The nondiscrimination statement is not expressly stated on our radio ads, billboards, or website banner ads. |
| Government Assistance | Schedule E, Part I, Line 6a Friends University receives pass-through financial aid from Pell, SEOG, Perkins, and direct lending. This aid is received and disbursed to the student account to defer tuition, fees, housing, and other charges. Excess aid is refunded to the student. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Telethon | Event1Nm |
| Gross Receipts Event1 | $63,523 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $63,523 | CharitableContriEvent1Amt |
| Other Direct Expenses Event1 | $24,590 | OtherDirectExpensesEvent1Amt |
| Other Events Total | 0 | OtherEventsTotalCnt |
| Gross Receipts Total | $63,523 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $63,523 | CharitableContributionsTotAmt |
| Oth Direct Expnss Total Events | $24,590 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $24,590 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$24,590 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (7 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| Academic Scholarships | 824 | $4,735,500 |
| Athletic Scholarships | 435 | $1,795,475 |
| Institutional Endowed Scholarships | 103 | $188,325 |
| INSTITUTIONAL FINE ARTS SCHOLARSHIPS | 284 | $786,515 |
| INSTITUTIONAL GRANTS | 196 | $396,156 |
| INSTITUTIONAL RESTRICTED SCHOLARSHIPS | 54 | $80,990 |
| OTHER INSTITUTIONAL SCHOLARSHIPS/WAIVERS | 395 | $2,065,219 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Procedure for Monitoring Use of Grant Funds Inside U.S. | FormAndLineReferenceDesc |
| Explanation | Schedule I, Part I, Line 2 THE USe OF GRANT FUNDS IS MONITORED THROUGH THE PRACTICE OF DIRECTLY APPLYING SCHOLARSHIP FUNDS TO THE STUDENT ACCOUNT AT THE UNIVERSITY TO OFFSET TUITION AND FEES. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TJ Arant | ||||||||||||||
| President Term - 3/2014 | $209,375 | $0 | $0 | $0 | $238 | $0 | $3,369 | $0 | $3,714 | $0 | $216,696 | $0 | $0 | $0 |
| Darcy Zabel | ||||||||||||||
| Interim President | $188,169 | $0 | $0 | $0 | $616 | $0 | $1,500 | $0 | $14,888 | $0 | $205,173 | $0 | $0 | $0 |
| Randy Doerksen | ||||||||||||||
| V.P., Admin. & Finance | $123,294 | $0 | $0 | $0 | $717 | $0 | $8,173 | $0 | $58,914 | $0 | $191,098 | $0 | $0 | $0 |
| Carole Obermeyer | ||||||||||||||
| V.P., Student Affairs | $134,568 | $0 | $0 | $0 | $1,143 | $0 | $9,531 | $0 | $10,493 | $0 | $155,735 | $0 | $0 | $0 |
| Teresa Muirhead | ||||||||||||||
| V.P.,Institutional Advancement | $139,624 | $0 | $0 | $0 | $586 | $0 | $4,500 | $0 | $7,525 | $0 | $152,235 | $0 | $0 | $0 |
| Kelley Williams | ||||||||||||||
| V.P., HR. & Administration | $126,225 | $0 | $0 | $0 | $664 | $0 | $9,172 | $0 | $37,590 | $0 | $173,651 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Housing allowance or residence for personal use | Schedule J, Part I, Line 1a The University President is required by contract to live in a University-provided house adjacent to campus. The housing allowance benefit is not considered taxable to the president. |
| Travel for companions | Schedule J, Part I, Line 1a Companion travel is considered taxable if funded by the university and added to W-2 taxable wages accordingly. |
| Health or social club dues or initiation fees | Schedule J, Part I, Line 1a The University paid one club membership for the President; portions of use are considered taxable and reported as income on the President's Form W-2. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KANSAS INDEPENDENT COLLEGE FINANCE AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 481233911 | BondIssuerEIN |
| CUSIP | 48526HWM4 | CUSIPNum |
| Bond Issued | 2012-03-13 | BondIssuedDt |
| Issue Price | $16,040,000 | IssuePriceAmt |
| Purpose | REFINANCE '02/'06/'09 BONDS | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Pool Financing | false | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $0 | RetiredAmt |
| Bond Defeased | $0 | BondDefeasedAmt |
| Total Proceeds | $16,040,000 | TotalProceedsAmt |
| In Reserve Fund | $0 | InReserveFundAmt |
| Capitalized Interest | $0 | CapitalizedInterestAmt |
| Refunding Escrow | $0 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $317,623 | IssuanceCostsFromProceedsAmt |
| Credit Enhancement | $0 | CreditEnhancementAmt |
| Working Capital Expenditures | $106,010,627 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $0 | CapitalExpendituresAmt |
| Other Spent Proceeds | $0 | OtherSpentProceedsAmt |
| Unspent | $0 | UnspentAmt |
| Substantial Completion | 2021 | SubstantialCompletionYr |
| Current Refunding | Yes (true) | CurrentRefundingInd |
| Advance Refunding | false | AdvanceRefundingInd |
| Final Allocation Made | Yes (true) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | false | MgmtContractBondFincdPropInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00000 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00000 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Remedial Action Taken | false | RemedialActionTakenInd |
| Procs Nonqualified Bond Remdtd | Yes (true) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | false | RebateNotDueYetInd |
| Exception To Rebate | Yes (true) | ExceptionToRebateInd |
| No Rebate Due | false | NoRebateDueInd |
| Variable Rate Issue | false | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
GIC Provider Name GICProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested | false | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (true) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (true) | ProceduresCorrectiveActionInd |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash Grant | $40,525 | CashGrantAmt |
| Type Of Assistance | REMISSION | TypeOfAssistanceTxt |
| Assistance Purpose | EDUCATION | AssistancePurposeTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Delegation of Authority | Form 990, Part VI, Line 1A The University's bylaws establish an Executive Committee consisting of seven members, including the Chair, Vice Chair, Secretary, and Treasurer of the Board of Trustees, the President of the University, and two at-large trustees. The Executive Committee shall have authority to act for the Board of Trustees on all matters except for the following, which shall be reserved for the board: Presidential selection and termination; Board trustee and officer election; Changes in institutional mission and purposes; Changes to the Articles of Incorporation; Adoption of the annual budget; and Conferral of degrees. |
| Form 990 Review Process | Form 990, Part VI, Line 11b The review of the form 990 is the culmination of the year-end process. The form 990 is reviewed by administrative personnel for accuracy and completeness. The data is considered relative to prior year and current year financial statements. In addition, the audit/finance committee of the board review the Form 990 before filing with the IRS. The 990 is provided to the Full Board in paper copy at the February meeting each year, prior to filing with the IRS. |
| Conflict of Interest Policy Monitoring & Enforcement | Form 990, Part VI, Line 12c Conflict of Interest Forms are provided three times a year; one at each board meeting and one in the summer. A summary is compiled and sent via e-mail to the board chair for review at the next board meeting. The Compensation and Conflicts Committee identifies on, an annual basis, a list of persons having a conflict. In addition, all interested persons should report any conflict that arises in the interim. If a conflict arises, the person having the conflict shall leave the board or committee meeting while the matter is discussed and be prohibited from voting on the matter. If a board member were found to have a conflict of interest, the issue would be raised to the Board Chairman by the President. Should the conflict of interest require an Executive Committee or Board vote to resolve, those concerned shall not be present at the time of the vote. |
| Process for Determining Compensation | Form 990, Part VI, Lines 15a & 15b The compensation and conflicts committee is responsible for reviewing executive compensation and presidential expense accounts. The university annually participates in several nationally recognized compensation surveys with other colleges and universities. Pay for officers and key employees is in alignment with pay at other private universities of similar size and nature. |
| How Documents are Made Available to the Public | Form 990, Part VI, Line 19 The University does not make its governing documents, conflict of interest policy, or financial statements available to the public. |