2016-05-13T08:41:03-00:00 2015-06-30 990 2014-07-01 710236896 Harding University HARD 5012794393 HU Box 10772 Searcy AR 72149 J Mel Sansom VP Finance VP FINANCE 2016-05-12 false 2014 2016-08-17 19:52:53Z Bruce D McLarty HU Box 12256 Searcy AR 72149 156486265 false X www.harding.edu X 1946 AR Hardings mission is to provide a quality education that will lead to an understanding and philosophy of life consistent with Christian ideals. 23 21 3251 722176 11036761 17835058 133907188 135854039 15526142 2069333 272401 713659 160742492 156472089 29510549 28145525 0 63270581 67203529 137501 149802 2041134 52197635 51396476 145116266 146895332 15626226 9576757 355563527 370125230 86471835 91456781 269091692 278668449 X Hardings mission is to provide a quality education that will lead to an understanding and philosophy of life consistent with Christian ideals through the integration of faith, learning and living, as well as the development of Christian scholarship, ethics, lasting relationships, wellness and promotion of global citizenship. false false 81395574 105066912 Instruction Expense - Classroom and online instruction from pre-kindergarten to doctoral level. 15277156 21943375 Room and Board - The university provides housing in newly renovated residence halls and apartments as well as high quality meals in a cafeteria and student center. 27407979 Student Services Support - All activities necessary for a healthy and thriving educational environment including library services, athletics, counseling services, educational assistance, registrar and admissions. 8948400 11499059 133029109 true true false false false true false false false true true false false true true true false true true true true false false true true false false true true true true false false false false false true true true true true true false false false true true false false false false true 7840 0 true 3251 true true true true IT GR UK AS false false false true true false false false false false false false X 23 21 false false false false false false false true true false false true true true true true true true false true true X X J Mel Sansom 5012794393 915 E Market Box 10772 Searcy AR 72149 Bruce Binkley Board member 001.00 X 0 0 0 James H Cone Jr Board member 001.00 X 0 0 0 Robert G Diles Board member 001.00 X 0 0 0 W Harrell Freeman Board member 001.00 X 0 0 0 Charles A Ganus Board member 001.00 X 0 0 0 Richard H Gibson Board member 001.00 X 0 0 0 Roosevelt Harris Board member 001.00 X 0 0 0 James D Holsombake Board member 001.00 X 0 0 0 Gerald G Morgan Board member 001.00 X 0 0 0 Lundy L Neely Board member 001.00 X 0 0 0 Roy A Reaves Board member 001.00 X 0 0 0 Harold R Redd Board member 001.00 X 0 0 0 Harry B Risinger Jr Board member 001.00 X 0 0 0 John O Simmons Board member 001.00 001.00 X 0 0 0 Rebecca R Tubb Board member 001.00 X 0 0 0 Robert C Walker Board member 001.00 X 0 0 0 Suzanne Waller Board member 001.00 X 0 0 0 David Waldron Board member 001.00 X 0 0 0 Joe Wild Board member 001.00 X 0 0 0 John D Reese Board member 001.00 X 0 0 0 Craig Cheatham Board member 001.00 X 0 0 0 Michael Justus Board member 001.00 X 0 0 0 Howard Wright Board member 001.00 X 0 0 0 Bruce McLarty President 040.00 001.00 X 236787 0 33811 J Mel Sansom Secretary/Treasurer 040.00 005.00 X 142480 0 51013 Jim Carr Senior VP 040.00 X 184716 0 39561 Julie Hixson-Wallace Asst Provost Ctr for Health Sciences 040.00 X 161428 0 20632 David B Burks Former President 040.00 X X 318766 0 14791 Kenneth Yates Dept. Chair Pharmacy Science 040.00 X 149137 0 4642 Larry Long VP Academic Affairs 040.00 X 146976 0 29951 Michael Murphy Dean College of PA 040.00 X 142773 0 18986 Julie C Kissack Dept. Chair College of Pharmacy 040.00 X 138122 0 28961 Forrest Smith Assoc Dean College of Pharmacy 040.00 X 128389 0 32998 Lewis Finley Dean College of Education 040.00 X 112691 0 21507 1862265 296853 34 true true false ARAMARK Services 1101 Market St 24th Floor Philadelphia PA 19107 Dining/Catering Services 6694412 ARAMARK Facility Serv 24818 Network Place Chicago IL 60673 Janitorial Services 2311842 James H Cone Inc 10411 West Markham Little Rock AR 72212 Construction 617471 Platinum Drywall Inc PO Box 13128 Maumelle AR 721130128 Construction 589274 Magna IV Communications 2401 Commercial Lane Little Rock AR 722062509 Printing 540059 37 2031602 15803456 3138395 17835058 Tuition Fees 611710 105066912 105066912 Housing 721310 11982137 11982137 Food service 722210 9967398 9782955 184443 Bookstore income 451211 4239533 3998069 241464 Sales and services 611710 1639947 1639947 2958112 2661843 296269 135854039 3199200 3199200 484012 178283 178283 178283 178283 -614466 -515401 -1129867 65540 14176 51364 156472089 138509346 722176 261198 261198 27884327 27884327 0 0 0 0 52169204 47053682 4106616 1008906 3292982 2954013 268383 70586 8741407 7722734 810911 207762 2999936 2731140 211573 57223 0 137116 5544 131572 137963 137963 0 149802 149802 708655 708655 6604009 6500842 103167 1070092 515510 533305 21277 7393913 5876240 1153012 364661 2031641 717933 1313708 0 6440240 6098094 342146 4608009 4349699 122045 136265 0 633987 606175 27812 1699354 1606409 92945 0 10510295 9951922 558373 816189 392161 424028 Other expenses - Food 1530886 1530886 Other expenses - Purchase for resale 2942665 2942665 Other expenses - Equipment and furnishings 138387 132053 6334 Other expenses - Other 3993075 3195882 772541 24652 0 146895332 133029109 11825089 2041134 1894217 1369604 4490844 3483258 9165863 12171795 11305311 11378157 2291411 2358634 1370232 1361471 358710263 150928008 200673864 207782255 73713582 96365039 50658203 33855017 355563527 370125230 1806984 3889375 4933485 4311284 32610000 35230000 750000 750000 26528809 26477171 19842557 20798951 86471835 91456781 X 144876695 149706849 27108334 28164020 97106663 100797580 269091692 278668449 355563527 370125230 9576757 X false X true X true true true X 0.00000 0.00000 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3 180463 86661 651756 true true false 117046106 4179599 2422738 5405295 198961 118044187 105172399 2731464 14454103 5066859 245001 117046106 99287179 1973320 8868299 4718769 237630 105172399 101526790 1477622 1334595 4819836 231992 99287179 87750685 3029218 15622741 4459836 416018 101526790 0.10000 0.90000 true false 9808450 9808450 248779902 81924541 166855361 28562900 23504717 5058183 50990420 35607112 15383308 20568591 9891638 10676953 207782255 Financial derivatives and other financial products Closely-held equity interests managed funds 23909664 investments in real estate 9013017 other investments 932336 33855017 Federal income taxes payroll deductions payable 1941218 accrued liabilities 3030959 deposits and other liabilities 1241295 reserve for split interest agreements 7125661 refundable grants 6429474 lease payable 1030344 20798951 X 158769106 2297017 2297017 156472089 156472089 149094460 2199128 2199128 146895332 146895332 V 4 The Universitys endowment is intended to further the mission of Harding through scholarships and departmental support. X 2 As of June 30, 2015, the University had no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. With few exceptions, the University is no longer subject to US federal, state, and local income tax examinations by tax authorities for years before 2011. XI 2d Effects of audit elimination entries of 36,708 less wholly-owned affiliated entity with revenues of 2,260,309. XII 2d Effects of audit elimination entries of 36,708 less wholly-owned affiliated entity with expenses of 2,162,420. true true true true true true true false false false false false false false false true false true 6a Various funding has been received by the University from federal agencies. Europe 3 37 Program services Educational programs 3166249 South America 1 5 Program services Educational programs 377007 Sub-Saharan Africa 1 4 Program services Educational programs 322114 East Asia and the Pacific 1 4 Program services Educational programs 699340 Europe Including Iceland and Greenland investments 879000 6 50 6 50 5443710 5443710 false false false false true false X X X X X X X true Wilson- Bennet 104 S Apple Searcy AR 72143 phonathon false 98157 PhilanthroCorp 111 S Tejon St Ste 520 Colorado Springs CO 80903 mailout teleconference false 51645 149802 Fall Dinner 50720 50720 1267 11573 1058 Pie Auction 14820 14820 213 65 65540 65540 1267 11786 1123 14176 51364 true New Hope Church of Christ 700 W 2nd Street Edmond OK 730035421 25000 Mission work Prestoncrest Church of Christ 12700 Preston Road Suite 210 Dallas TX 75230 50000 Mission work Village of Hope PO Box 670394 Dallas TX 753670394 60000 Mission work Mission UpReach 196 Alps Rd Ste 2-395 Athens GA 306064085 20000 Mission work Baxter Institute 8332 Mesa Drive Austin TX 787598818 10231 Mission work 5 Scholarships-Higher Education 4549 27884327 Part I Line 2 Harding University awards financial assistance to its students on the basis of verified financial need or merit and does not unlawfully discriminate on the basis of race, color, national or ethnic origin, religion, age, sex, disability or prior military service. Financial assistance is monitored so that it is in compliance with awarding terms and conditions. Expenditures are reviewed for allowability and compliance. Students are required to submit appropriate documents prior to approval. Part III Line 1c Cash grants are credits to students accounts. X X X X X X true true X X false true false false false false false false false Bruce McLarty President 226449 10338 22969 10842 270598 Jim Carr Senior VP 182708 2008 19009 20552 224277 J Mel Sansom Secretary/Treasurer 129410 13070 13464 37549 193493 Julie Hixson-Wallace Asst Provost Ctr for Health Sciences 161428 16327 4305 182060 Kenneth Yates Dept. Chair Pharmacy Science 149137 4642 153779 Larry Long VP Academic Affairs 146976 15580 14371 176927 Michael Murphy Dean College of PA 142773 12386 6600 161759 David B Burks Former President 314778 3988 14791 333557 Julie C Kissack Dept. Chair College of Pharmacy 138122 10 14555 14406 167093 Lewis Finley Dean College of Education 112691 11310 10197 134198 Forrest Smith Assoc Dean College of Pharmacy 128389 13102 19896 161387 A Public Educational and Residential Housing Facilities Board 521595697 812254NC0 2015-05-28 5805475 Dormitory Renovation and Refunding 12/16/98 6/26/0112/30/032/11/10 false false false B Public Educational and Residential Housing Facilities Board 521595697 812254JV3 2010-12-22 4275306 Dormitory Renovation false false false C Public Educational and Residential Housing Facilities Board 521595697 812254KR0 2011-10-20 8509929 Student Apartment Construction false false false D Public Educational and Residential Housing Facilities Board 521595697 812254LK4 2012-04-19 7512201 Refunding 4/19/05 Issue and Student Apartment Construction false false false A 6855000 5805475 287250 96739 7234 2015 true false true true B 4275306 185849 82648 4006809 7909 2012 false false true true C 8509929 298350 136635 8074944 14241 2013 false false true true D 3550000 7512201 331637 119590 4104065 9220 2014 true true true A false false false false false false true B false false false false false false true C false false false false false false true D false false false false false false true A false true false false false false true B false true false false false false true C false true false false false false true D false true false false false false true A true B true C true D true A Public Educational and Residential Housing Facilities Board 521595697 812254MC1 2013-03-12 6425989 Student Apartment Construction false false false B Public Educational and Residential Housing Facilities Board 521595697 812254MQ0 2014-12-10 6536117 Student Apartment Construction false false false A 6425989 217058 105867 6103064 5155 2014 false false true true B 6536117 225264 108223 6202630 4763 2015 false false true true A false false false false false false true B false false false false false false true A false true false false false false true B false true false false false false true A true B true Don Lois Shores Fund Board members Operating cas X 250000 250000 false false true Shores Unitrust Fund Board members Operating cas X 500000 500000 false false true 750000 Family members of interested person Family members of interested persons 153014 Tuition discounts Family members of interested person Family members of interested persons 24488 Merit-based scholarships Substantial contributor Related to substantial contributors 25967 Tuition discounts Substantial contributor Related to substantial contributors 42748 Merit-based scholarships Duke Medical Owner related to HU board member 67558 Rent contractual services false Various family members Related to interested persons 1139623 Compensation false X 31 2972789 FMV X Loan Forgiveness 10 165606 FMV false true false Form 990, Part III, Line 4d Program Service Expenses 8,948,400, Grants and allocations 0, Revenue 11,499,059 Other expenses include program expenses for auxiliary operations and public service. Form 990, Part VI, Section B, Line 11b Board members received a copy of Harding Universitys completed Form 990 for review via e-mail. Form 990, Part VI, Section B, Line 12c Board members and officers complete a conflict of interest questionnaire annually. Depending on the potential conflict or conditions, restrictions are enforced to reduce or eliminate the conflict of interest. Form 990, Part VI, Section B, Line 15a Comparable data is made available to the board for determination of the organizations top management officials salary. Form 990, Part VI, Section C, Line 19 Harding Universitys governing documents and conflict of interest policy are available upon request. Mediterranean Investment Properties LLC 123 Black Oak Place Searcy AR 72143 272348256 Real estate investments AR 690 2021768 Harding University Inc Harding Place Inc 800 S Benton Searcy AR 72143 710780709 Retirement Community AR 509a2 9 Harding University Inc false HU CRUT - 1 Box 10772 Searcy AR 72149 716169914 investment AR HU TTEE Trust 411647 1.00000 false HU CRUT - 2 36 Gloucester St Little Rock AR 72227 716172992 investment AR N/A Trust 2450 0.80000 false HU CRUT - 3 Box 10772 Searcy AR 72149 716147280 investment AR HU TTEE Trust 130288 0.71000 false HU CRUT - 4 Box 10772 Searcy AR 72149 716154181 investment AR HU TTEE Trust 500000 1.00000 false HU CRUT - 5 2719 E Race Ave Searcy AR 72143 716168109 investment AR N/A Trust 162702 1.00000 false HU CRUT - 6 Box 10772 Searcy AR 72149 716171792 investment AR HU TTEE Trust 1142621 1.00000 false HU CRUT - 7 Box 10772 Searcy AR 72149 716146015 investment AR HU TTEE Trust 216840 1.00000 false HU CRUT - 8 Box 10772 Searcy AR 72149 266098581 investment AR HU TTEE Trust 153507 1.00000 false HU CRUT - 9 Box 10772 Searcy AR 72149 716179445 investment AR HU TTEE Trust 34928 1.00000 false HU CRUT - 10 Box 10772 Searcy AR 72149 716176256 investment AR N/A Trust false HU Trust - 1 Box 10772 Searcy AR 72149 716130150 investment AR HU TTEE Trust 278627 1.00000 false HU Trust - 2 Box 12241 Searcy AR 72149 716161353 investment AR N/A Trust 115000 1.00000 false HU Trust - 3 Box 10772 Searcy AR 72149 716171178 investment AR HU TTEE Trust 316049 1.00000 false HU Trust - 4 Box 10772 Searcy AR 72149 206126036 investment AR HU TTEE Trust 20587 0.60000 false HU Trust - 5 400 West Capitol Little Rock AR 72201 716185442 investment AR N/A Trust 2271998 1.00000 false HU Trust - 6 401 North Arkansas Ave Russellville AR 72801 716098252 investment AR N/A Trust 726206 1.00000 false HU Trust - 7 Box 10772 Searcy AR 72149 716178640 investment AR N/A Trust false HU Trust - 8 Box 10772 Searcy AR 72149 237380574 investment AR N/A Trust false false false false true true false false false false true false false false true false false true false false Harding Place q 156138 Cost Harding Place d 4981672 Cost Harding Place j 99900 Cost Harding Place n