2016-05-10T15:20:36-05:00 2015-06-30 363990892 Capin Crouse LLP 972 Emerson Parkway Ste A Greenwood IN 46143 990 2014-07-01 480730814 MidAmerica Nazarene University MIDA 9137823750 2030 East College Way Olathe KS 66062 Dr David Spittal President 9137823750 2016-05-10 1 Daren Daiga P01074795 3178852620 2014 2016-08-17 19:52:53Z Dr David Spittal 2030 East College Way Olathe KS 66062 39718702 0 X www.mnu.edu X 1966 KS Transformative Univ. nurturing Christlike community, academic excellence & passion to serve. 33 30 1022 36 -25521 2226 5951266 3739344 34312279 35718014 1992 6161 79049 15082 40344586 39478601 10164947 10859712 0 0 19541951 19813457 0 0 1045979 13816589 12947821 43523487 43620990 -3178901 -4142389 43477442 40073389 26708450 27446786 16768992 12626603 X MidAmerica Nazarene University (MNU) is a transformative university that nurtures Christlike community, pursues academic excellence, and cultivates a passion to serve. MNU is a comprehensive liberal arts university offering undergraduate and selected professional and graduate degrees, and is committed to serving the church and its global mission. The University is a Christian community in the Wesleyan-Holiness tradition, and MidAmerica Nazarene University seeks to transform its students through intellectual, spiritual, and personal development for a life of service to God, the Church, the nation, and the world. 0 0 40252855 10859712 35718014 MidAmerica Nazarene University is a private, Christian, liberal arts university founded in 1966. Offering 40 plus traditional undergraduate majors, the university is also known for its accelerated professional and graduate programs, including undergraduate degrees in management and nursing and graduate degrees in business, education, nursing, and counseling, and postgraduate certificates. Online offerings include classes in education, nursing and associate's-level studies. Sponsored by the North Central Region of the International Church of the Nazarene, the University is committed to serving the church and its global mission. MNU exists to help its students discover God's plan for their lives and equips them for leadership and service in the world. Study abroad as well as service-learning experiences are encouraged through MNU's Go Global, MNU Europe, and ServiceCorps programs. The campus is located on 105 acres in Olathe, KS, and operates a location in Liberty, MO, for professional and graduate programs. A variety of special interest clubs, traveling music groups, band, concert choir, student government, and outreach groups are available. The University provides intercollegiate competition in football, volleyball, softball, baseball, and men's and women's basketball and soccer. Chapel services provide an emphasis on spiritual formation, and revivals foster spiritual vitality on campus. Total enrollment for the Fall 2014 semester was 1870 students. The five largest undergraduate programs were Nursing, Business, Education, Kinesiology, and Ministry. MNU offers 37 traditional undergraduate majors; degree-completion programs in nursing and business; and graduate degrees in business, counseling, education, and nursing. MNU facts:- MNU enrolls more than 1850 students - MNU is the only private university in the state of Kansas to offer a graduate counseling program accredited by the Council for Accreditation of Counseling & Related Educational Programs (CACREP).- MNU's 2014 NCLEX-RN pass rate for BSN graduates was 90.8% - the fourth year in a row that this rate has exceeded the national average, and the fifth year in a row that this rate has exceeded the state average.- MNU has offered innovative, accelerated adult degree completion and graduate programs since 1987.- The yearly economic impact of the University is more than $44 million annually in the state of Kansas. MNU Newsroom: www.mnu.edu/newsroomGeneral MNU Information: www.mnu.eduMap and Location: http://www.mnu.edu/about/locations 40252855 1 1 0 0 0 0 0 1 0 1 1 0 1 0 1 1 0 1 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 1 4601 0 1 1022 1 1 1 0 0 0 0 0 0 0 0 0 X 33 30 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 KS X Michael Stowell 9137823750 2030 East College Way Olathe KS 66062 Dr David J Spittal President 40.00 1.00 X X 192396 0 0 Dr Larry McIntire Chair 1.00 1.00 X X 0 0 0 Rev Michael G Palmer Vice Chair 1.00 X X 0 0 0 Mr Daniel D Rexroth Treasurer 1.00 X X 0 0 0 Mrs Terri Comfort Secretary 1.00 X X 0 0 0 Rev Joel Atwell Trustee 1.00 X 0 0 0 Rev Daniel W Cole Trustee 1.00 X 0 0 0 Dr Merrill R Conant Lay Member of the Exec Com 1.00 X 0 0 0 Mr Chad Cook Trustee 1.00 X 0 0 0 Rev Mark Bane Trustee 1.00 X 0 0 0 Mr John Dahl Trustee 1.00 X 0 0 0 Rev Bryan Davis Trustee 1.00 X 0 0 0 Dr OE Dement Trustee 1.00 X 0 0 0 Dr Robert E Hull Trustee 1.00 X 0 0 0 Mr Craig M Doane Trustee 1.00 X 0 0 0 Mr Darrel E Johnson Lay Member of the Exec Com 1.00 X 0 0 0 Dr James M Kraemer Trustee 1.00 X 0 0 0 Rev Michael Lynch Trustee 1.00 X 0 0 0 Rev M Kim Smith Trustee 1.00 X 0 0 0 Rev Fred Morrison Trustee 1.00 X 0 0 0 Mr Eldon J Meyers Trustee 1.00 X 0 0 0 Dr Edmond P Nash Trustee 1.00 X 0 0 0 Dr Rick Power Ministerial Member of Exec 1.00 X 0 0 0 Rev Phil Rhoades Trustee 1.00 X 0 0 0 Dr Jeren Rowell Ministerial Member of Exec 1.00 X 0 0 0 Rev Rod Thelander Trustee 1.00 X 0 0 0 Rev Fred Toomey Trustee 1.00 X 0 0 0 Mrs Julie C Transmeier Trustee 1.00 X 0 0 0 Mrs Cathy Veach Trustee 1.00 X 0 0 0 Mr Tim Buchanan Trustee 1.00 X 0 0 0 Dr Glenn Kell Trustee 1.00 X 0 0 0 Dr Tia Strait Trustee 1.00 X 0 0 0 Greg Hephner Trustee 1.00 X 0 0 0 Mr Jon North VP of Advancement 40.00 1.00 X 121567 0 37640 Dr Mary Jones Provost/CAO 40.00 X 122154 0 13927 Dr Randy Beckum part year Dir of Spiritual Devlp. 40.00 X 46935 0 72769 Mr Kevin P Gilmore VP of Finance 40.00 1.00 X 111989 0 45684 Kristi Keeton VP for Student Development 40.00 X 56108 0 0 Karen Wiegman Chair - Post Licensure Nur 40.00 X 105119 0 8992 Jamie Myrtle Dean - School of Business 40.00 X 100828 0 0 857096 0 179012 6 0 1 0 Pioneer College Caterers Inc 2030 E College Way Olathe KS 66062 Food Services 1134898 Heartland Solutions Group Inc 2007 E Prairie Cr Olathe KS 66062 IT Consulting and Services 599250 Great Plains Developments LLC 4400 Shawnee Mission Parkway Shawnee Mission KS 66205 Rental of Facility 543165 Southwest Plains Regional Service Center PO Box 1010 Sublette KS 67877 Grant Funded Services 469758 Michael Walters Agency Inc 444 N Wabash Ave Ste 4W Chicago IL 60611 Advertising 343281 21 2693243 994814 51287 5483 3739344 Student Tuition 611600 31226787 31226787 Auxiliary Revenue 611710 4491227 4491227 35718014 6161 6161 9534 9534 222399 240101 -17702 -17702 -48771 31069 Advertising 900099 23250 23250 23250 39478601 35718014 -25521 46764 10859712 10859712 763146 126078 465533 171535 258082 258082 15088204 13953828 591718 542658 2542403 2344800 135153 62450 1161622 1039531 73935 48156 5426 5426 185166 185166 2488493 2421063 47185 20245 369259 348707 12852 7700 1505137 1332592 115962 56583 1137781 1018195 72418 47168 2187356 2010340 172414 4602 1187584 1097296 35401 54887 102799 93241 3154 6404 803845 705659 97895 291 1441669 1431046 10623 342504 289359 53145 Charges/Fees/Testing 271722 161210 109853 659 Labor/Materials Expense 234291 216500 13073 4718 Membership Dues 122812 72846 47126 2840 Bad Debts 49516 49516 512461 472770 24608 15083 43620990 40252855 2322156 1045979 432509 806792 4606804 2594095 384162 787154 756995 62563 56049 120932 223122 60518204 29062810 32615189 31455394 3467435 3201512 1000694 979430 43477442 40073389 1307245 1189183 1511779 1461363 18961224 22420219 103500 0 4824702 2376021 26708450 27446786 X 15102973 11331149 1160255 814159 505764 481295 16768992 12626603 43477442 40073389 -4142389 0 X X 0 1 X 1 1 1 X 5493177 12710022 4414182 5951266 3739344 32307991 5493177 12710022 4414182 5951266 3739344 32307991 32307991 236755 463407 415520 288322 238094 1642098 567912 254677 763450 1586039 35536128 135140995 0.90920 X Schedule A, Part II, Line 10, Explanation of Other Income: Other income - 2010 Amount: $ 567,912. 2011 Amount: $ 254,677. 2012 Amount: $ 763,450. Schedule A, Part II The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and qualifies to use the first listed special rule for Schedule B reporting. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 144655 X X Resale in future years 0 8935246 493244 273890 361331 509 9340540 7886826 706156 718826 372554 4008 8935246 7098048 457919 566812 213184 22769 7886826 6926816 381876 70608 281252 7098048 6574342 198353 873408 275332 424879 19076 6926816 0.06280 0.91600 0.02120 0 1 1 1043851 1043851 45550608 16921378 28629230 13878741 12141432 1737309 45004 45004 31455394 Student Loan Receivables 3201512 C 3201512 Student Deposits 108243 Refundable Loan Program 2267778 2376021 X Part III, Line 4: The organization received Thomas Kinkade paintings and prints from a donor during the fiscal year ended 6/30/2008. This collection of artwork is and will be used for the viewing of the general public through public exhibition and for future investment purposes when it is sold at a later date. Part V, Line 4: The endowment funds are held by MidAmerica Nazarene Foundation, a related tax exempt organization. Earnings from the endowment funds are to be used to fund the continuing operations of the university. Part X, Line 2: The financial statement effects of a tax position taken or expected to be taken are recognized in the consolidated financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the consolidated statement of activities. As of June 30, 2015 and 2014, the University had no uncertain tax positions that qualify for recognition or disclosure in the consolidated financial statements. The University files tax returns in the U.S. federal jurisdiction. With a few exceptions, the University is no longer subject to U.S. federal examinations by tax authorities for years before 2012. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 MidAmerica Nazarene University publicizes its racial nondiscrimination policy in all university catalogs and brochures that are issued to the general public and students. The University also posts its policy on various bulletin boards across the campus and on its website. Schedule E, Part I, Line 6 The organization is involved in several grant programs administered by the Federal Government and State Government and also serves as the administrative conduit by which Title VI Federal Financial Aid is distributed to eligible students. Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 Program Services Study abroad program 68635 East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, 0 0 Program Services Study abroad program 4044 0 0 0 0 0 0 72679 0 72679 0 0 0 0 0 0 Part I, line 3: Expenditures are accounted for using the accrual method of accounting. 1 Scholarships and Fellowships 974 10859712 Part I, Line 2: Grants and Scholarships Monitored by MidAmerica Nazarene University: Institutional- Awarded based on financial need, merit, and donor criteria. Amounts will vary depending on awards and funding limits. The Student Financial Aid Services Office monitors the student progress towards their educational goal to ensure compliance with institutional polices. Students failing to meet the institutional polices risk loss of institutional aid. Federal and State- Awarded based on Federal and State regulations, based on financial need, academic standards of the programs, and funding availability. The Student Financial Aid Services Office monitors the student progress towards their educational goal to ensure compliance with Federal and State polices. Students failing to meet the Federal and State polices risk loss of Federal and State aid. Employee Tuition Scholarship- Eligible employees and family members can apply for tuition scholarships (tuition remission). The amount is based on title, length of employment, and other institutional aid. X 1 1 X X X 0 0 0 0 0 0 0 0 0 Dr David J Spittal President 191175 0 101 0 1120 0 0 0 1200 0 193596 0 0 0 Mr Jon North VP of Advancement 121466 0 101 0 0 0 0 0 38777 0 160344 0 0 0 Mr Kevin P Gilmore VP of Finance 111881 0 108 0 0 0 0 0 45981 0 157970 0 0 0 Part I, Line 1a MidAmerica Nazarene University provided housing to Rev. Randall Beckum as a condition of employment. The fair market value of the housing was not included in his W-2 as taxable income because it qualified as a non taxable benefit. 110600 Scholarships Tuition Remission William Morrison Family member of Rev Fred Morrison, Trustee 51710 Compensation 0 Florence Beckum Family member of Randy Beckum, Exec Dir of Spiritual Development 53329 Compensation 0 James Edlin Family member of Edmond Nash, Trustee 76173 Compensation 0 Tim Keeton Family member of Kristi Keeton, VP for Student Development 76870 Compensation 0 Form 990, Part VI, Section A, line 1 The Executive Committee includes the Chair of every standing committee. It exercises most of the powers of the Board when the Board is not in session, but they do not take final action on any major matters pertaining to the University's position statement and mission, the removal of a University officer or Trustee from office, or the encumbrance of substantive institutional assets, until appropriate committees recommend such action and the Board has voted. Form 990, Part VI, Section B, line 11 The University's controller gathers and provides an independent accounting firm with information to prepare the Form 990. The independent accounting firm prepares and reviews the Form 990. The independent accounting firm then provides the organization's officers a draft of the Form 990 and allows time for comments and approval. After approval, the Form 990 is submitted via email to all voting members of the University's governing board along with a response time for questions and comments. Any and all issues are resolved and then the completed Form 990 is filed with the Internal Revenue Service. Form 990, Part VI, Section B, line 12c All trustees, MidAmerica Nazarene University Foundation trustees, and administrative officers of the University (members of the President's Cabinet) must disclose annually in writing any conflict of interest, or potential conflict of interest. If a circumstance should arise where it may be in the best interest of the University to engage in a transaction despite the conflict of interest, after disclosure of the conflict of interest, the individual with whom the conflict of interest is present must abstain from any discussion or deliberation concerning such matter (unless the Board of Trustees or administration requests information or interpretation for special reasons). Record of such individual's withdrawal from participation in the discussion, deliberation, and decision on the matter should be noted in any minutes of the session at which such matter is considered. Should a potential conflict of interest matter require an executive committee or board vote to resolve, those concerned shall not be present at the time of the vote. If a trustee, MidAmerica Nazarene University Foundation trustee, or administrative officer is uncertain whether to list a particular relationship, the board chair and institutional legal counsel may need to be consulted. The board chair and legal counsel may elect to seek the judgment of the executive committee of the Board of Trustees before informing or consulting with the entire board within an executive session. Information shared or gathered as a result of such consultations (including information provided on the conflict of interest statement) shall be confidential except when the institution's best interests would be served by disclosure. Such disclosure will be made only after informing those concerned. The finance committee of the Board of Trustees will conduct periodic reviews of financial activities to ensure that the University is operating in a manner consistent with accomplishing the institution's non-profit purposes and that the University's operations do not result in private inurement or impermissible benefit to private interest. Form 990, Part VI, Section B, line 15 The President and other executive administrators are employed with the approval of the Board of Trustees. The Board of Trustees determines their compensation based upon an analysis of comparable market rates and terms. The review and deliberation are documented in the board minutes. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request. Form 990, Part XII, Line 2c The organization's Board assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year. MidAmerica Nazarene University Foundation 2030 E College Way Olathe KS 66062 480996330 Support MNU KS 501(c)(3) 7 Mid-America Nazarene University 0 Charitable Remainder Trust (1) CRUT KS Mid-America Nazarene University T 0 Irrevocable Trust (1) Irrevocable Trust KS Mid-America Nazarene University T 0 Perpetual Trust (1) Perpetual Trust KS Mid-America Nazarene University T 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 1 MidAmerica Nazarene University Foundation C MidAmerica Nazarene University Foundation M MidAmerica Nazarene University Foundation N MidAmerica Nazarene University Foundation O MidAmerica Nazarene University Foundation Q MidAmerica Nazarene University Foundation S