PRESCOTT COLLEGE INC: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- PRESCOTT COLLEGE INC (EIN 86-0294012)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-02-09
- IRS object ID
- 201500409349300625
- Schema version
- 2013v4.0
- 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 F
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-02-09T09:25:25-08:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Mukai Greenlee & Company PC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2600 North Central Avenue Suite 182 | AddressLine1 |
| City | Phoenix | City |
| State | AZ | State |
| ZIP Code | 850043000 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 860294012 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRESCOTT COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PRES | BusinessNameControlTxt |
| Phone | 9283504001 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 Grove Avenue | AddressLine1 |
| City | Prescott | City |
| State | AZ | State |
| ZIP Code | 86301 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Anne Labruzzo | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Signature | 2015-02-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Patrick W Greenlee CPA | PreparerPersonNm |
| PTIN | P01076858 | PTIN |
| Phone | 6022792600 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $22,275,896 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| All Affiliates Included | false | AllAffiliatesIncludedInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.prescott.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1975 | FormationYr |
| Legal Domicile State | AZ | LegalDomicileStateCd |
| Activity Or Mission | INTERDISCIPLINARY AND EXPERIENTIAL LIBERAL ARTS EDUCATIONAL INSTITUTION. OFFERS ON-CAMPUS UNDERGRADUATE AND MASTERS DEGREES AND LIMITED RESIDENCY UNDERGRADUATE, MASTERS AND PHD DEGREES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 628 | TotalEmployeeCnt |
| Total Gross UBI | $296,600 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$270,409 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,264,301 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,299,178 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $21,302,650 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $18,943,806 | CYProgramServiceRevenueAmt |
| PY Investment Income | $30,992 | PYInvestmentIncomeAmt |
| CY Investment Income | -$104,618 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,927,623 | PYOtherRevenueAmt |
| CY Other Revenue | $1,722,116 | CYOtherRevenueAmt |
| PY Total Revenue | $25,525,566 | PYTotalRevenueAmt |
| CY Total Revenue | $21,860,482 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $11,106,389 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $10,266,116 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $334,065 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $12,769,560 | PYOtherExpensesAmt |
| CY Other Expenses | $11,669,877 | CYOtherExpensesAmt |
| PY Total Expenses | $23,875,949 | PYTotalExpensesAmt |
| CY Total Expenses | $21,935,993 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,649,617 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$75,511 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $26,476,780 | TotalAssetsBOYAmt |
| Total Assets EOY | $26,512,675 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $14,311,165 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $14,120,513 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $12,165,615 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $12,392,162 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | INTERDISCIPLINARY AND EXPERIENTIAL LIBERAL ARTS EDUCATIONAL INSTITUTION. OFFERS ON-CAMPUS UNDERGRADUATE AND MASTERS DEGREES AND LIMITED RESIDENCY UNDERGRADUATE, MASTERS AND PHD DEGREES. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $9,170,130 | ExpenseAmt |
| Grant | $2,556,666 | GrantAmt |
| Revenue | $11,133,579 | RevenueAmt |
| Desc | ON-CAMPUS UNDERGRADUATE BACHELOR OF ARTS DEGREES IN ADVENTURE EDUCATION, ARTS AND LETTERS, ENVIRONMENTAL SCIENCE, EDUCATION, CULTURAL AND REGIONAL STUDIES AND HUMAN DEVELOPMENT. FULL TIME EQUIVALENTS FOR THE FALL TERM: 378. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,232,530 | ExpenseAmt |
| Grant | $1,851,379 | GrantAmt |
| Revenue | $7,744,118 | RevenueAmt |
| Desc | LIMITED RESIDENCY UNDERGRADUATE, MASTERS, AND PHD DEGREE PROGRAMS AND ON CAMPUS MASTERS PROGRAM: COMMUNITY-BASED INDIVIDUALLY MENTORED BACHELOR OF ARTS DEGREES IN HUMANITIES OR LIBERALS ARTS INCLUDING TEACHER PREPARATION. MASTER OF ARTS DEGREE IN ADVENTURE EDUCATION, COUNSELING PSYCHOLOGY, ENVIRONMENTAL EDUCATION, HUMANITIES AND EDUCATION. A PHD DEGREE IN SUSTAINABILITY EDUCATION. FULL TIME EQUIVALENTS FOR THE FALL TERM: 421. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $365,760 | ExpenseAmt |
| Revenue | $5,424 | RevenueAmt |
| Desc | LIBRARY AND LEARNING COMMONS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $42,271 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $60,685 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $12,810,691 | 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 | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | 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 | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | 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 | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (true) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 343 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 628 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 0 | Form8282FiledCnt |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Org Filed In Lieu Of Form1041 | false | OrgFiledInLieuOfForm1041Ind |
| Licensed More Than One State | false | LicensedMoreThanOneStateInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | 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 | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| 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 |
| Other Website | Yes (X) | OtherWebsiteInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Anne Labruzzo | PersonNm |
| Phone | 9283504001 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 Grove Ave | AddressLine1 |
| City | Prescott | City |
| State | AZ | State |
| ZIP Code | 86301 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| PETER EVANS | ||||||||
| Trustee | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| GEOFF BARNARD | ||||||||
| Trustee | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ROXANN GALLAGHER | ||||||||
| Trustee | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARY ORTON | ||||||||
| Trustee | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ISA SCHWARTZ | ||||||||
| Trustee | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SHAWNA WEAVER | ||||||||
| Trustee | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| RICHARD ACH | ||||||||
| Trustee | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DAN BOYCE | ||||||||
| Trustee/Chair | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| KEN ZEISENHEIM | ||||||||
| Treasurer | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| MICHAEL ROONEY | ||||||||
| Trustee | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES WALSH | ||||||||
| Tte/Vice Chair | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| GERALD D SECUNDY | ||||||||
| Trustee | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| PAUL BURKHARDT | ||||||||
| Chief Acad Off | 40.00 | 0.00 | $113,957 | $0 | $1,311 | Yes (X) | ||
| WALT ANDERSON | ||||||||
| BOARD SECRETARY | 40.00 | 0.00 | $56,835 | $0 | $376 | Yes (X) | ||
| CATHERINE BOLAND | ||||||||
| VP FINANCE/CFO | 40.00 | 0.00 | $78,713 | $0 | $2,256 | Yes (X) | ||
| KRISTIN WOOLEVER | ||||||||
| President & CEO | 40.00 | 0.00 | $200,000 | $0 | $516 | Yes (X) | ||
| Marjory Sente | ||||||||
| VP Advancement | 40.00 | 0.00 | $89,061 | $0 | $2,256 | Yes (X) | ||
| Brian Sajko | ||||||||
| Dean of Enrollment Management | 40.00 | 0.00 | $74,844 | $0 | $3,021 | Yes (X) | ||
| Beverly Santo | ||||||||
| Dean of Graduate Programs & Ltd Res | 40.00 | 0.00 | $41,498 | $0 | $1,168 | Yes (X) | ||
| Steve Pace | ||||||||
| Dean of Undergraduate Program | 40.00 | 0.00 | $57,393 | $0 | $838 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $712,301 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $11,742 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| DH Technologies LLC | |||||
| 305 Harrison Ste STE LL1B | Leesburg | VA | 20175 | Computer Services | $203,177 |
| OMK Properties LLC | |||||
| 7228 N Dreamy Draw Drive | Phoenix | AZ | 85020 | Rent | $131,248 |
| Stanley Lumber Company | |||||
| 650 Morrell Blvd | Prescott | AZ | 86301 | Rent | $104,113 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $1,299,178 | AllOtherContributionsAmt |
| Noncash Contributions | $136,500 | NoncashContributionsAmt |
| Total Contributions | $1,299,178 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| CESLL | $60,685 | $60,685 |
| EXTERNAL DEGREE PROGRAM | $7,744,118 | $7,744,118 |
| LIBRARY | $5,424 | $5,424 |
| RESIDENT DEGREE PROGRAM | $11,133,579 | $11,133,579 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $18,943,806 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $50,430 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $50,430 | RelatedOrExemptFuncIncomeAmt |
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 | $0 | TotalRevenueColumnAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $563,618 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $563,618 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $563,618 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $84,242 | UnrelatedBusinessRevenueAmt |
| Exclusion | $479,376 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $7,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $162,048 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$155,048 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$155,048 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$155,048 | RelatedOrExemptFuncIncomeAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $459,539 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $253,366 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $206,173 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$6,185 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $212,358 | UnrelatedBusinessRevenueAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS REVENUE | Desc |
| Total Revenue Column | $952,325 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $952,325 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $952,325 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $21,860,482 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $19,785,328 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $296,600 | UnrelatedBusinessRevenueAmt |
| Exclusion | $479,376 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
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 | $0 | TotalAmt |
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 | $724,043 | TotalAmt |
| Program Services | $724,043 | ProgramServicesAmt |
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 | $7,362,297 | TotalAmt |
| Program Services | $3,424,430 | ProgramServicesAmt |
| Management And General | $3,728,422 | ManagementAndGeneralAmt |
| Fundraising | $209,445 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,179,776 | TotalAmt |
| Program Services | $968,700 | ProgramServicesAmt |
| Management And General | $1,154,830 | ManagementAndGeneralAmt |
| Fundraising | $56,246 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
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 | $32,275 | TotalAmt |
| Management And General | $32,275 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,254 | TotalAmt |
| Management And General | $76,254 | 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 | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $193,895 | TotalAmt |
| Program Services | $179,225 | ProgramServicesAmt |
| Management And General | $14,670 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $226,528 | TotalAmt |
| Program Services | $28,794 | ProgramServicesAmt |
| Management And General | $195,311 | ManagementAndGeneralAmt |
| Fundraising | $2,423 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $168,003 | TotalAmt |
| Program Services | $107,954 | ProgramServicesAmt |
| Management And General | $53,887 | ManagementAndGeneralAmt |
| Fundraising | $6,162 | 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 | $0 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $929,858 | TotalAmt |
| Program Services | $557,915 | ProgramServicesAmt |
| Management And General | $371,943 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $951,738 | TotalAmt |
| Program Services | $571,043 | ProgramServicesAmt |
| Management And General | $380,695 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $352,326 | TotalAmt |
| Program Services | $211,396 | ProgramServicesAmt |
| Management And General | $140,930 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| Scholarships & Grants | $4,505,970 | $4,505,970 | |
| Rent | $697,126 | $24,870 | $672,256 |
| Outside Services | $678,964 | $371,620 | $307,344 |
| Computer Expenses | $479,779 | $479,779 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,377,161 | TotalAmt |
| Program Services | $1,134,731 | ProgramServicesAmt |
| Management And General | $1,182,641 | ManagementAndGeneralAmt |
| Fundraising | $59,789 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,935,993 | TotalAmt |
| Program Services | $12,810,691 | ProgramServicesAmt |
| Management And General | $8,791,237 | ManagementAndGeneralAmt |
| Fundraising | $334,065 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $931,262 | BOYAmt |
| EOY | $1,139,878 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,204,649 | BOYAmt |
| EOY | $1,457,048 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,436 | BOYAmt |
| EOY | $10,607 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $604,899 | BOYAmt |
| EOY | $450,688 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $121,460 | BOYAmt |
| EOY | $61,226 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $354,537 | BOYAmt |
| EOY | $354,474 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $27,384,133 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $6,834,583 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,940,566 | BOYAmt |
| EOY | $20,549,550 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,897,166 | BOYAmt |
| EOY | $1,959,569 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,114 | BOYAmt |
| EOY | $159,382 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $380,691 | BOYAmt |
| EOY | $370,253 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,476,780 | BOYAmt |
| EOY | $26,512,675 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,267,598 | BOYAmt |
| EOY | $1,707,454 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,230,796 | BOYAmt |
| EOY | $1,208,820 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,435,813 | BOYAmt |
| EOY | $10,200,929 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $376,958 | BOYAmt |
| EOY | $1,003,310 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,311,165 | BOYAmt |
| EOY | $14,120,513 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,229,491 | BOYAmt |
| EOY | $10,148,090 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $731,475 | BOYAmt |
| EOY | $787,024 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,204,649 | BOYAmt |
| EOY | $1,457,048 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,165,615 | BOYAmt |
| EOY | $12,392,162 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,476,780 | BOYAmt |
| EOY | $26,512,675 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$75,511 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $302,058 | NetUnrlzdGainsLossesInvstAmt |
| 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) |
|---|---|---|
| Revenues Included | $136,500 | RevenuesIncludedAmt |
| Assets Included | $136,500 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,829,075 | BeginningYearBalanceAmt |
| Contributions | $263,409 | ContributionsAmt |
| End Year Balance | $3,092,484 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,503,166 | BeginningYearBalanceAmt |
| Contributions | $325,909 | ContributionsAmt |
| End Year Balance | $2,829,075 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,367,397 | BeginningYearBalanceAmt |
| Contributions | $135,768 | ContributionsAmt |
| End Year Balance | $2,503,165 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,716,632 | BeginningYearBalanceAmt |
| Contributions | $629,173 | ContributionsAmt |
| Investment Earnings Or Losses | $156,853 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $135,260 | OtherExpendituresAmt |
| End Year Balance | $2,367,398 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,257,328 | BeginningYearBalanceAmt |
| Contributions | $384,579 | ContributionsAmt |
| Investment Earnings Or Losses | $74,725 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $1,716,632 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.52900 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.47100 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | false | RelatedOrgListSchRInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,139,080 | OtherCostOrOtherBasisAmt |
| Book Value | $2,139,080 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $20,053,845 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,637,670 | DepreciationAmt |
| Book Value | $16,416,175 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $305,894 | OtherCostOrOtherBasisAmt |
| Depreciation | $231,349 | DepreciationAmt |
| Book Value | $74,545 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $694,661 | OtherCostOrOtherBasisAmt |
| Depreciation | $680,257 | DepreciationAmt |
| Book Value | $14,404 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,190,653 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,285,307 | DepreciationAmt |
| Book Value | $1,905,346 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $20,549,550 | TotalBookValueLandBuildingsAmt |
| Total Book Value Securities | $1,959,569 | TotalBookValueSecuritiesAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $21,860,482 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $21,860,482 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $21,860,482 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $21,935,993 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $21,935,993 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $21,935,993 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III, Line 4: Description of organization's collections and how it furthers its purpose. | Works of Art Displayed on Campus |
| Part V, Line 4: Intended uses of the endowment fund. | Endowment Funds are established for scholarships |
| Part X : FIN48 Footnote | The College has adopted ASC 740, Income Taxes. This standard requires a more likely-than not threshold for financial statement recognition and measurement of tax positions taken or expected to be taken in the College's tax return. Management believes the tax positions taken on the Colleges' tax returns are fairly stated. To the extent that the College managements assessment of such tax positions changes, the change in estimate is recorded in the period in which the determination ismade. Tax years ended June 30, 2011 and 2010, are open tax years for Federal and Arizona, respectively. |
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 (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized | THE COLLEGE POLICIES MANUALS AND CATALOGS STATE NON-DISCRIMINATION POLICY. |
| Schedule E, Line 4 - Explanation of Records and Materials Not Maintained | |
| Schedule E, Line 5 - Explanation of Organization Discrimination by Race |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Kino Bay | RegionTxt |
| Offices | 1 | OfficesCnt |
| Employee | 4 | EmployeeCnt |
| Type Of Activities Conducted | Program Services | TypeOfActivitiesConductedTxt |
| Specific Services Provided | Provide educational programs for school students | SpecificServicesProvidedTxt |
| Region Total Expenditures | $168,115 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 1 | SubtotalOfficesCnt |
| Subtotal Employees | 4 | SubtotalEmployeesCnt |
| Total Office | 1 | TotalOfficeCnt |
| Total Employee | 4 | TotalEmployeeCnt |
| Subtotal Spent | $168,115 | SubtotalSpentAmt |
| Total Spent | $168,115 | TotalSpentAmt |
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US | FormAndLineReferenceDesc |
| Explanation | The business office at Prescott College maintains all grant financials, and if necessary, draws down the money from the granting agency. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| 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 |
| Rebuttable Presumption Proc | false | RebuttablePresumptionProcInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KRISTIN WOOLEVER | PersonNm |
| Title | President & CEO | TitleTxt |
| Base Compensation Filing Org | $200,000 | BaseCompensationFilingOrgAmt |
| Nontaxable Benefits Filing Org | $516 | NontaxableBenefitsFilingOrgAmt |
| Total Compensation Filing Org | $200,516 | TotalCompensationFilingOrgAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 1a: Relevant information in regards to selections on 1a. | FormAndLineReferenceDesc |
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 | IDA of County of Yavapai | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 866093423 | BondIssuerEIN |
| Bond Issued | 2013-09-20 | BondIssuedDt |
| Issue Price | $10,400,000 | IssuePriceAmt |
| Purpose | Refund Prior Debt | 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 | $199,071 | RetiredAmt |
| Total Proceeds | $10,400,000 | TotalProceedsAmt |
| Other Spent Proceeds | $10,400,000 | OtherSpentProceedsAmt |
| Substantial Completion | 2013 | 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 |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| 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 |
| Exception To Rebate | Yes (true) | ExceptionToRebateInd |
| Hedge Identified In Bks And Rec | Yes (true) | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Compass Bank | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 10.0000 | TermOfHedgePct |
| Superintegrated Hedge | false | SuperintegratedHedgeInd |
| Hedge Terminated | false | HedgeTerminatedInd |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
| 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 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part VI | FormAndLineReferenceDesc |
| Explanation | Note: Part I(c): No CUSIP was assigned to the bonds because they were issued via private placement. | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Michael Rooney | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | Trustee | RelationshipDescriptionTxt |
| Transaction | $33,993 | TransactionAmt |
| Transaction | Legal Services | TransactionDesc |
| Sharing Of Revenues | false | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 34 | ContributionCnt |
| Noncash Contributions Rpt F990 | $136,500 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (53 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, Line 4d: Other Program Services Description | OTHER PROGRAM SERVICES 4: EXTENDED STUDIES AND LIFELONG LEARNING CENTER: THE COURSES CAN VARY FROM LOCAL COMMUNITY BASED TO TRAVEL PROGRAMS. THE COURSES ARE SET UP TO BE NON-CREDIT AND NON-DEGREE. THIS PROGRAM IS ACADEMIC IN NATURE FOR NON-DEGREE SEEKING STUDENTS. COURSES REFLECT THE COLLEGES MISSION IN NATURE. |
| Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body | Prescott College Corporation which is comprised of students, employees, alumni, and Board of Trustees votes to elect the members of the Board of Trustees. |
| Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders | Decisions relating to the bylaws and the Mission Statement must be voted on and approved by the "Corporation". |
| Form 990, Part VI, Line 11b: Form 990 Review Process | Form 990 is first reviewed by the CFO. Next, the return is reviewed by the finance committee. The return receives final approval by the Board of Trustees. |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | The policy is enforced if the conflict is known. |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | Top Management and Directors as well as other positions in the college are determined based on comparability of data from like institutions, like positions and the local economy. Status within Prescott College is also a factor so that one job is not out of alignment compared to other "like responsibility" jobs in other departments. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | Governing documents via Prescott College website; conflict of interest policy and audited financial statements upon request. |
| Form 990, Part IX, Line 24e: Other Expenses | Admin Overhead: Column (A) - Total = $126617; Column (B) - Program Services = $0; Column (C) - Management & General = $108855; Column (D) - Fundraising = $17762 |
| Form 990, Part IX, Line 24e: Other Expenses | Bad Debt Expense: Column (A) - Total = $18411; Column (B) - Program Services = $18411; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | BANKING FEES: Column (A) - Total = $47507; Column (B) - Program Services = $0; Column (C) - Management & General = $47507; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Books & Periodicals: Column (A) - Total = $19426; Column (B) - Program Services = $16430; Column (C) - Management & General = $2675; Column (D) - Fundraising = $321 |
| Form 990, Part IX, Line 24e: Other Expenses | Consultant Fees: Column (A) - Total = $11000; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $11000 |
| Form 990, Part IX, Line 24e: Other Expenses | Counseling Services: Column (A) - Total = $3508; Column (B) - Program Services = $3508; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Course Budget Expenses: Column (A) - Total = $224580; Column (B) - Program Services = $224580; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Course Liability & Research: Column (A) - Total = $5622; Column (B) - Program Services = $5622; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Curriculum Development: Column (A) - Total = $48007; Column (B) - Program Services = $48007; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Discretionary Fund: Column (A) - Total = $29204; Column (B) - Program Services = $2977; Column (C) - Management & General = $26227; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Employee Recognition: Column (A) - Total = $2140; Column (B) - Program Services = $0; Column (C) - Management & General = $2140; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Employee Relocation: Column (A) - Total = $509; Column (B) - Program Services = $0; Column (C) - Management & General = $509; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Entertainment: Column (A) - Total = $8077; Column (B) - Program Services = $6424; Column (C) - Management & General = $1653; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Faculty Functions: Column (A) - Total = $3028; Column (B) - Program Services = $3028; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Fuel: Column (A) - Total = $52365; Column (B) - Program Services = $52365; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Furnishings & Equipment: Column (A) - Total = $59458; Column (B) - Program Services = $14466; Column (C) - Management & General = $44992; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Graduation Expense: Column (A) - Total = $13664; Column (B) - Program Services = $0; Column (C) - Management & General = $13664; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Housing Allowance: Column (A) - Total = $40000; Column (B) - Program Services = $40000; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | JANITORIAL EXPENSE: Column (A) - Total = $33235; Column (B) - Program Services = $4473; Column (C) - Management & General = $28762; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Library Supplies: Column (A) - Total = $9918; Column (B) - Program Services = $9918; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Membership, Dues & Conf Fees: Column (A) - Total = $38614; Column (B) - Program Services = $1930; Column (C) - Management & General = $32889; Column (D) - Fundraising = $3795 |
| Form 990, Part IX, Line 24e: Other Expenses | MISCELLANEOUS: Column (A) - Total = $93027; Column (B) - Program Services = $16317; Column (C) - Management & General = $68156; Column (D) - Fundraising = $8554 |
| Form 990, Part IX, Line 24e: Other Expenses | Office Supplies: Column (A) - Total = $4074; Column (B) - Program Services = $4074; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Orientation & Seminars: Column (A) - Total = $35373; Column (B) - Program Services = $31813; Column (C) - Management & General = $3560; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Other Taxes: Column (A) - Total = $33762; Column (B) - Program Services = $0; Column (C) - Management & General = $33762; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Permits & Fees: Column (A) - Total = $58470; Column (B) - Program Services = $14541; Column (C) - Management & General = $43929; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Postage and Shipping: Column (A) - Total = $95627; Column (B) - Program Services = $62052; Column (C) - Management & General = $31726; Column (D) - Fundraising = $1849 |
| Form 990, Part IX, Line 24e: Other Expenses | Printing and Publications: Column (A) - Total = $145099; Column (B) - Program Services = $91123; Column (C) - Management & General = $52090; Column (D) - Fundraising = $1886 |
| Form 990, Part IX, Line 24e: Other Expenses | Processing Fees: Column (A) - Total = $2183; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $2183 |
| Form 990, Part IX, Line 24e: Other Expenses | Professional Development: Column (A) - Total = $19892; Column (B) - Program Services = $395; Column (C) - Management & General = $9936; Column (D) - Fundraising = $9561 |
| Form 990, Part IX, Line 24e: Other Expenses | Program Allowance & Discounts: Column (A) - Total = $15104; Column (B) - Program Services = $15104; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Program Expense: Column (A) - Total = $72821; Column (B) - Program Services = $14326; Column (C) - Management & General = $58495; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Recruiting: Column (A) - Total = $50694; Column (B) - Program Services = $40983; Column (C) - Management & General = $9711; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | REPAIRS & MAINTENANCE: Column (A) - Total = $94606; Column (B) - Program Services = $19490; Column (C) - Management & General = $75116; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Safety: Column (A) - Total = $104696; Column (B) - Program Services = $0; Column (C) - Management & General = $104696; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Software: Column (A) - Total = $116962; Column (B) - Program Services = $116962; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Speakers, Writers & Exhibition: Column (A) - Total = $2500; Column (B) - Program Services = $2500; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Special Events: Column (A) - Total = $86054; Column (B) - Program Services = $44001; Column (C) - Management & General = $39175; Column (D) - Fundraising = $2878 |
| Form 990, Part IX, Line 24e: Other Expenses | Student ID Cards: Column (A) - Total = $4317; Column (B) - Program Services = $0; Column (C) - Management & General = $4317; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Subscriptions: Column (A) - Total = $24171; Column (B) - Program Services = $24171; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Telephone & Fax: Column (A) - Total = $49042; Column (B) - Program Services = $1387; Column (C) - Management & General = $47655; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Trustee Support: Column (A) - Total = $6523; Column (B) - Program Services = $0; Column (C) - Management & General = $6523; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Tuition Discounts: Column (A) - Total = $145100; Column (B) - Program Services = $145100; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Utilities: Column (A) - Total = $283921; Column (B) - Program Services = $0; Column (C) - Management & General = $283921; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Vehicle Expenses: Column (A) - Total = $43190; Column (B) - Program Services = $43190; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Work Study: Column (A) - Total = $-4937; Column (B) - Program Services = $-4937; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
Comments