MILLSAPS COLLEGE: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- MILLSAPS COLLEGE (EIN 64-0303084)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-05-14
- IRS object ID
- 201501349349306230
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-05-14T14:52:42-05:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BKD LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 190 E Capitol Street Ste 500 | AddressLine1 |
| City | Jackson | City |
| State | MS | State |
| ZIP Code | 392012190 | 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 | 640303084 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Millsaps College | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % ALLISON ROOKER | InCareOfNm |
| Business Name Control | MILL | BusinessNameControlTxt |
| Phone | 6019741100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 150433 | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | Jackson | City |
| State | MS | State |
| ZIP Code | 39210 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Terri Hudson | PersonNm |
| Person Title | VP for institutional planning | PersonTitleTxt |
| Phone | 6019741100 | PhoneNum |
| Signature | 2015-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Penny Wood CPA | PreparerPersonNm |
| PTIN | P00328157 | PTIN |
| Phone | 6019741100 | PhoneNum |
| Preparation | 2015-05-15 | PreparationDt |
| 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) |
|---|---|---|
| Principal Officer | Robert Pearigen | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 150433 | AddressLine1 |
| City | Jackson | City |
| State | MS | State |
| ZIP Code | 39210 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $54,323,697 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.millsaps.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1890 | FormationYr |
| Legal Domicile State | MS | LegalDomicileStateCd |
| Activity Or Mission | MILLSAPS COLLEGE IS A PRIVATE NONPROFIT LIBERAL ARTS COLLEGE BASED IN JACKSON, MS; PROVIDING EDUCATION AND TRAINING SERVICES FOR STUDENTS AT THE UNDERGRADUATE AND GRADUATE LEVEL | ActivityOrMissionDesc |
| Voting Members Governing Body | 40 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 39 | VotingMembersIndependentCnt |
| Total Employee | 880 | TotalEmployeeCnt |
| Total Volunteers | 40 | TotalVolunteersCnt |
| Total Gross UBI | $174,163 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $2,935 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $6,626,344 | PYContributionsGrantsAmt |
| CY Contributions Grants | $9,576,038 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $33,982,623 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $31,929,902 | CYProgramServiceRevenueAmt |
| PY Investment Income | $26,111,216 | PYInvestmentIncomeAmt |
| CY Investment Income | $6,280,643 | CYInvestmentIncomeAmt |
| PY Other Revenue | $3,345,563 | PYOtherRevenueAmt |
| CY Other Revenue | $2,551,600 | CYOtherRevenueAmt |
| PY Total Revenue | $70,065,746 | PYTotalRevenueAmt |
| CY Total Revenue | $50,338,183 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $16,624,071 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $15,397,756 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $19,818,655 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $18,960,834 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $10,648 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $28,572 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,246,080 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $14,336,203 | PYOtherExpensesAmt |
| CY Other Expenses | $15,504,723 | CYOtherExpensesAmt |
| PY Total Expenses | $50,789,577 | PYTotalExpensesAmt |
| CY Total Expenses | $49,891,885 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $19,276,169 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $446,298 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $162,952,226 | TotalAssetsBOYAmt |
| Total Assets EOY | $180,214,081 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $39,691,575 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $42,205,089 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $123,260,651 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $138,008,992 | NetAssetsOrFundBalancesEOYAmt |
| Mission | MILLSAPS COLLEGE IS DEDICATED TO ACADEMIC EXCELLENCE, TO OPEN INQUIRY AND FREE EXPRESSION, TO THE EXPLORATION OF FAITH, TO INFORM VOCATION, AND TO THE INNOVATIVE SHAPING OF THE SOCIAL, ECONOMIC, AND CULTURAL PROGRESS OF OUR REGION. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $42,416,433 | ExpenseAmt |
| Grant | $15,397,756 | GrantAmt |
| Revenue | $26,730,406 | RevenueAmt |
| Desc | Educational facilities and personnel providing an ideal atmosphere for learning for approximately 804 students. This is achieved with one teacher for every 8 students and an average class size of 12. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $354,302 | ExpenseAmt |
| Revenue | $5,199,496 | RevenueAmt |
| Desc | Auxiliary enterprises including the housing of 80% of the approximately 804 students enrolled. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $42,770,735 | 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 | false | 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 | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (true) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (true) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (true) | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (true) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 351 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 880 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 40 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 39 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | 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 | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (true) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (true) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ALLISON ROOKER | PersonNm |
| Phone | 6019741100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1701 N STATE STREET | AddressLine1 |
| City | JACKSON | City |
| State | MS | State |
| ZIP Code | 39210 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (52 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Other CompensationOtherCompensationAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| William Goodman III | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Paul Benton | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Rev Warren Black | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Jim Coggin | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Will Flatt | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Tom Fowlkes | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Cris Glick | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Maurice Hall | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Monica Sethi Harrigill | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Richard Hickson | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Randy James | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Eason Leake | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| John Lindsey | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Vaughan Mcrae | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Mike McRee | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Don Mitchell | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Cooper Morrison | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Bud Robinson Jr | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Toddy Sanders | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Steven Smith | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| William Yates III | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Murray Underwood | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Rev Zachary Beasley | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Rev Jerry Bostick Beam | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Bill Bynum | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Mark Freeman | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Rev Lisa Garvin | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Judge James E Graves Jr | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Rev Heather Hensarling | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Peder Johnson | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Rev Geoffrey Joyner | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Richard Mills | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Robert C Robbins | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Rev Joey Shelton | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Mike Sturdivant Jr | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Bishop James E Swanson Sr | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Mack Varner | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Jean Medley | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Charles R Lathem | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Donna Ruth Roberts | |||||||
| Trustee | 1.0 | Yes (X) | |||||
| Louise Burney | |||||||
| V.P. - Finance | 40.0 | Yes (X) | $134,280 | $24,460 | |||
| Brit Katz | |||||||
| V.P. - Student Affairs | 40.0 | Yes (X) | $99,491 | $12,342 | |||
| Keith Dunn | |||||||
| Sr. V.P. - Academic Affairs | 40.0 | Yes (X) | $164,052 | $18,692 | |||
| Robert Pearigen | |||||||
| President | 40.0 | Yes (X) | $340,206 | $33,816 | $0 | ||
| Terri Hudson | |||||||
| V.P. - Planning & Assessment | 40.0 | Yes (X) | $126,047 | $6,250 | |||
| Robert Alexander | |||||||
| V.P. - Enrollment Management | 40.0 | Yes (X) | $154,670 | $11,285 | |||
| Michael Hutchison | |||||||
| V.P. - Institutional Adv. | 40.0 | Yes (X) | $166,013 | $20,406 | |||
| Jesse Beeler | |||||||
| Professor of Accounting | 40.0 | $187,527 | $14,040 | $0 | Yes (X) | ||
| Kimberly Burke | |||||||
| Professor of Accounting | 40.0 | $171,095 | $28,516 | Yes (X) | |||
| Robert McElvaine | |||||||
| Professor of History | 40.0 | $132,644 | $26,083 | Yes (X) | |||
| Michael Grubbs | |||||||
| Professor of Management | 40.0 | $129,471 | $21,008 | Yes (X) | |||
| Damon Campbell | |||||||
| Assistant Professor of Mgmt | 40.0 | $163,329 | $24,306 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,968,825 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $241,204 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 14 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| VALLEY INNOVATIVE SERVICES | |||||
| PO BOX 5454 | JACKSON | MS | 39288 | FOOD SERVICES | $1,994,461 |
| A-1 ROOF SAVERS INC | |||||
| PO BOX 878 | CLINTON | MS | 39060 | ROOFING SERVICES | $795,739 |
| HELLAS CONSTRUCTION INC | |||||
| 12710 RESEARCH BLVD | AUSTIN | TX | 78759 | CONSTR. & RENOVATION | $462,054 |
| TERRY-TRANE SERVICE AGENCY INC | |||||
| PO BOX 1557 | RIDGELAND | MS | 391581557 | HVAC SERVICES | $420,974 |
| ROYALL COMPANY | |||||
| 1920 EAST PARHAM RD | RICHMOND | VA | 232282206 | ENROLLMENT CONSULT | $370,522 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $223,869 | RelatedOrganizationsAmt |
| Government Grants | $1,169,873 | GovernmentGrantsAmt |
| All Other Contributions | $8,182,296 | AllOtherContributionsAmt |
| Noncash Contributions | $1,254,514 | NoncashContributionsAmt |
| Total Contributions | $9,576,038 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611600 | $26,237,010 | $26,237,010 |
| SALES AND SERVICES AUXILIARY ENTERPRISES | 611710 | $5,199,496 | $5,199,496 |
| INCOME FROM FUNDS HELD IN TRUST BY OTHERS | 900099 | $493,396 | $493,396 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $31,929,902 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,346,426 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $29,989 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,316,437 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $61,089 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $61,089 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $61,089 | TotalRevenueColumnAmt |
| Exclusion | $61,089 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $6,926,565 | SecuritiesAmt |
| Other | $4,950 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,997,298 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,929,267 | SecuritiesAmt |
| Other | $4,950 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,934,217 | TotalRevenueColumnAmt |
| Exclusion | $4,934,217 | ExclusionAmt |
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 | $3,401,816 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $1,988,216 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,413,600 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,413,600 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| CENTRIKIDS CAMP | 900099 | $303,659 | $172,344 | $131,315 |
| HAIL DAMAGE SETTLEMENT | 900099 | $565,779 | $565,779 | |
| WATER DAMAGE CLAIM | 900099 | $103,308 | $103,308 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $104,165 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $132,335 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$28,170 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,076,911 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $50,338,183 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $33,475,837 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $174,163 | UnrelatedBusinessRevenueAmt |
| Exclusion | $7,112,145 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,292,163 | TotalAmt |
| Program Services | $15,292,163 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $105,593 | TotalAmt |
| Program Services | $105,593 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,317,332 | TotalAmt |
| Program Services | $439,653 | ProgramServicesAmt |
| Management And General | $580,331 | ManagementAndGeneralAmt |
| Fundraising | $297,348 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,578,576 | TotalAmt |
| Program Services | $11,966,117 | ProgramServicesAmt |
| Management And General | $1,961,906 | ManagementAndGeneralAmt |
| Fundraising | $650,553 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $509,821 | TotalAmt |
| Program Services | $414,958 | ProgramServicesAmt |
| Management And General | $72,603 | ManagementAndGeneralAmt |
| Fundraising | $22,260 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,532,629 | TotalAmt |
| Program Services | $1,137,625 | ProgramServicesAmt |
| Management And General | $395,004 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,022,476 | TotalAmt |
| Program Services | $793,836 | ProgramServicesAmt |
| Management And General | $171,691 | ManagementAndGeneralAmt |
| Fundraising | $56,949 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,548 | TotalAmt |
| Management And General | $56,548 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $120,175 | TotalAmt |
| Management And General | $120,175 | 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 | $28,572 | TotalAmt |
| Fundraising | $28,572 | FundraisingAmt |
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 | $181,009 | TotalAmt |
| Program Services | $130,764 | ProgramServicesAmt |
| Management And General | $42,245 | ManagementAndGeneralAmt |
| Fundraising | $8,000 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $788,728 | TotalAmt |
| Program Services | $611,292 | ProgramServicesAmt |
| Management And General | $163,986 | ManagementAndGeneralAmt |
| Fundraising | $13,450 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,722,603 | TotalAmt |
| Program Services | $2,976,110 | ProgramServicesAmt |
| Management And General | $675,296 | ManagementAndGeneralAmt |
| Fundraising | $71,197 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $451,423 | TotalAmt |
| Program Services | $41,556 | ProgramServicesAmt |
| Management And General | $396,493 | ManagementAndGeneralAmt |
| Fundraising | $13,374 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,785,153 | TotalAmt |
| Program Services | $2,785,153 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,347,268 | TotalAmt |
| Program Services | $1,227,216 | ProgramServicesAmt |
| Management And General | $60,649 | ManagementAndGeneralAmt |
| Fundraising | $59,403 | 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 | $392,213 | TotalAmt |
| Program Services | $73,309 | ProgramServicesAmt |
| Management And General | $318,904 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,306,249 | TotalAmt |
| Program Services | $1,306,249 | ProgramServicesAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,370,240 | TotalAmt |
| Program Services | $3,370,240 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $617,604 | TotalAmt |
| Management And General | $617,604 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| TELEPHONE | $178,209 | $18,324 | $158,820 | $1,065 |
| POSTAGE | $146,485 | $45,345 | $78,792 | $22,348 |
| EQUIPMENT RENTAL & MAINT. | $40,816 | $35,232 | $4,023 | $1,561 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,891,885 | TotalAmt |
| Program Services | $42,770,735 | ProgramServicesAmt |
| Management And General | $5,875,070 | ManagementAndGeneralAmt |
| Fundraising | $1,246,080 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,647,880 | BOYAmt |
| EOY | $2,300,473 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,182,132 | BOYAmt |
| EOY | $2,793,996 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,569,182 | BOYAmt |
| EOY | $3,728,555 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $947,881 | BOYAmt |
| EOY | $957,611 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,093,642 | BOYAmt |
| EOY | $2,007,977 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $431,239 | BOYAmt |
| EOY | $470,634 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $102,394,029 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $70,515,848 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,512,640 | BOYAmt |
| EOY | $31,878,181 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,518,923 | BOYAmt |
| EOY | $69,230,071 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,559,748 | BOYAmt |
| EOY | $45,711,349 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,488,959 | BOYAmt |
| EOY | $21,135,234 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $162,952,226 | BOYAmt |
| EOY | $180,214,081 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,224,324 | BOYAmt |
| EOY | $3,180,288 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,018,384 | BOYAmt |
| EOY | $2,061,613 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,330,000 | BOYAmt |
| EOY | $27,482,000 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $236,815 | BOYAmt |
| EOY | $2,945,147 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,560 | BOYAmt |
| EOY | $896,304 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,827,492 | BOYAmt |
| EOY | $5,639,737 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,691,575 | BOYAmt |
| EOY | $42,205,089 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,490,353 | BOYAmt |
| EOY | $36,089,358 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,828,164 | BOYAmt |
| EOY | $32,432,789 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,942,134 | BOYAmt |
| EOY | $69,486,845 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $123,260,651 | BOYAmt |
| EOY | $138,008,992 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $162,952,226 | BOYAmt |
| EOY | $180,214,081 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $446,298 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $12,044,458 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $2,257,585 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $111,469,723 | BeginningYearBalanceAmt |
| Contributions | $1,947,486 | ContributionsAmt |
| Investment Earnings Or Losses | $18,490,170 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $4,012,419 | GrantsOrScholarshipsAmt |
| Other Expenditures | $4,547,239 | OtherExpendituresAmt |
| End Year Balance | $123,347,721 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $92,815,787 | BeginningYearBalanceAmt |
| Contributions | $463,308 | ContributionsAmt |
| Investment Earnings Or Losses | $26,002,944 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $4,121,055 | GrantsOrScholarshipsAmt |
| Other Expenditures | $3,691,261 | OtherExpendituresAmt |
| End Year Balance | $111,469,723 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $97,516,055 | BeginningYearBalanceAmt |
| Contributions | $1,452,986 | ContributionsAmt |
| Investment Earnings Or Losses | -$222,652 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,995,451 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,935,151 | OtherExpendituresAmt |
| End Year Balance | $92,815,787 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $82,058,260 | BeginningYearBalanceAmt |
| Contributions | $2,165,345 | ContributionsAmt |
| Investment Earnings Or Losses | $18,469,943 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,304,709 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,872,784 | OtherExpendituresAmt |
| End Year Balance | $97,516,055 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $73,354,213 | BeginningYearBalanceAmt |
| Contributions | $1,129,261 | ContributionsAmt |
| Investment Earnings Or Losses | $12,743,174 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,221,296 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,947,092 | OtherExpendituresAmt |
| End Year Balance | $82,058,260 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.27000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.60000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.13000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $411,185 | OtherCostOrOtherBasisAmt |
| Book Value | $411,185 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $78,678,560 | OtherCostOrOtherBasisAmt |
| Depreciation | $50,362,246 | DepreciationAmt |
| Book Value | $28,316,314 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovementsGrp |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $20,754,684 | OtherCostOrOtherBasisAmt |
| Depreciation | $18,377,850 | DepreciationAmt |
| Book Value | $2,376,834 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,549,600 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,775,752 | DepreciationAmt |
| Book Value | $773,848 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $31,878,181 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | STOCK | Desc |
| Book Value | $45,711,349 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $45,711,349 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| FUNDS HELD IN TRUST | $15,104,749 |
| INVESTMENT IN MILLSAPS DEV INC | $3,758,596 |
| CASH SURRENDER VALUE LIFE INS | $2,271,889 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $21,135,234 | TotalBookValueOtherAssetsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| LIABILITY FOR FINANCIAL INSTRU | $3,608,538 |
| LIABILITY FOR ASSET RETIREMENT | $269,893 |
| ADVANCE UNDER GOVERNMENT LOANS | $1,761,306 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $5,639,737 | TotalLiabilityAmt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part V, Line 4: | The intended uses of the endowment are primarily student scholarships, faculty chairs and salaries and academic department support. |
| Part X, Line 2 | Management has evaluated the College's income tax positions under the guidance included in ASC 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part 1, Line 3: | THE POLICY IS PUBLICIZED THROUGH CATALOGS, THE WEBSITE, AND ANY PUBLICATIONS FOR ADMISSIONS. |
| Schedule E, Part 1, Line 6A: | FUNDS PROVIDED BY THE UNITED STATES GOVERNMENT UNDER THE FEDERAL PERKINS STUDENT LOAN PROGRAMS ARE FOR REVOLVING LOANS TO QUALIFIED STUDENTS. THESE FUNDS ARE ULTIMATELY REFUNDABLE TO THE GOVERNMENT AND ARE INCLUDED IN LIABILITIES. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (8 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|
| Central America and the Caribbean | Program Services | Study Abroad Program | $26,652 |
| East Asia and the Pacific | Program Services | Study Abroad Program | $18,024 |
| Europe (Including Iceland and Greenland) | Program Services | Study Abroad Program | $100,259 |
| North America | Program Services | Study Abroad Program | $89,340 |
| North America | Program Services | Academic Facilities | $19,883 |
| North America | Program Services | Research | $82,654 |
| North America | Program Services | Grants | $105,593 |
| Central America and the Caribbean | Investments | $21,430,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Spent | $21,872,405 | SubtotalSpentAmt |
| Total Spent | $21,872,405 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | North America | RegionTxt |
| Cash Grant | $88,488 | CashGrantAmt |
| Manner Of Cash Disbursement | Wire | MannerOfCashDisbursementTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Assistance | Scholarships | TypeOfAssistanceTxt |
| Region | North America | RegionTxt |
| Recipient | 3 | RecipientCnt |
| Cash Grant | $17,105 | CashGrantAmt |
| Manner Of Cash Disbursement | Wire | MannerOfCashDisbursementTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 2: | Procedures are in place for monitoring the use of grant funds outside the United States. Millsaps sponsors the activities of Kaxil Kiuic, a Mexican Nonprofit Organization. Kaxil Kiuic is dedicated to preserving the environment and the cultural heritage of the Maya by promoting knowledge through educational programs centered at Helen Moyers Biocultural Reserve. Millsaps budgets annually for the funds provided to Kaxil Kiuic and monitors adherence to that budget. The reserve director provides an account of these funds to the reserve Board of Directors. Procedures and conditions are designed to insure that individuals receiving disbursements are adequately investigated to insure that they are qualifying recipients. Students receiving scholarships and fellowships are judged worthy based on the institution's assessment of academic achievement, financial need, and other similar standards. |
| Part I, Line 3: | Millsaps College owns an interest in Private Advisors Stable Value Fund, LTD, Magnitude International, and Pointer Offshore, LTD, hedge funds domiciled in the Cayman Islands. The book value of these investments as of 06/30/2014 was $21,430,000. |
| Part IV, Line 3: | THE FILING REQUIREMENTS OF FORM 5471 WERE NOT MET BY MILLSAPS DURING THE FISCAL YEAR ENDED 6/30/2014 FOR ITS OWNERSHIP INTEREST IN A FOREIGN CORPORATION. THEREFORE, FORM 5471 WAS NOT FILED BY MILLSAPS. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Agrmt Prof Fundraising Acty | Yes (true) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Alexander Haas Inc | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3520 Piedmont Road NE Suite 300 | AddressLine1 |
| City | Atlanta | City |
| State | GA | State |
| ZIP Code | 303051512 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | Campaign Feas. Study | ActivityTxt |
| Fundraiser Control Of Funds | false | FundraiserControlOfFundsInd |
| Retained By Contractor | $28,572 | RetainedByContractorAmt |
| Net To Organization | -$28,572 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $28,572 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$28,572 | TotalNetToOrganizationAmt |
| Licensed States | MS | LicensedStatesCd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART 1, LINE 2b, Column ii | FormAndLineReferenceDesc |
| Explanation | The fundraising activities conducted during the fiscal year were related to planning and consulting. There were no gross receipts during the current fiscal year but will be reported instead in subsequent years. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (10 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| Sponsored Scholarships | 101 | $604,129 |
| Endowed Scholarships | 261 | $3,424,765 |
| Other Scholarships | 780 | $10,701,618 |
| SEOG | 99 | $193,943 |
| MS Tuition Assistance Grant | 191 | $135,000 |
| MS Eminent Scholars | 46 | $113,750 |
| Critical Need Teachers Scholarship | 2 | $30,530 |
| HELP State Grant | 12 | $69,828 |
| William Winter Teacher Scholarship | 1 | $4,000 |
| Teacher Education Scholars | 1 | $15,000 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | Procedures and conditions are designed to ensure that individuals receiving disbursements are adequately investigated to ensure that they are qualifying recipients. Students receiving scholarships and fellowships are judged worthy based on the institution's assessment of academic achievement, financial need, and other similar standards. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discretionary Spending Acct | Yes (X) | DiscretionarySpendingAcctInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Louise Burney | ||||||||||||
| V.P. - Finance | $133,031 | $1,249 | $7,013 | $17,447 | $158,740 | |||||||
| Jesse Beeler | ||||||||||||
| Professor of Accounting | $185,901 | $626 | $6,438 | $7,602 | $201,567 | $0 | $1,000 | $0 | $0 | $0 | $0 | $0 |
| Kimberly Burke | ||||||||||||
| Professor of Accounting | $169,736 | $359 | $9,000 | $19,516 | $199,611 | $1,000 | ||||||
| Keith Dunn | ||||||||||||
| Sr. V.P. - Academic Affairs | $158,560 | $5,492 | $18,692 | $182,744 | ||||||||
| Robert Pearigen | ||||||||||||
| President | $290,436 | $49,770 | $15,000 | $18,816 | $374,022 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Robert McElvaine | ||||||||||||
| Professor of History | $130,385 | $1,259 | $6,567 | $19,516 | $158,727 | $1,000 | ||||||
| Robert Alexander | ||||||||||||
| V.P. - Enrollment Management | $144,511 | $10,159 | $11,285 | $165,955 | $0 | |||||||
| Michael Hutchison | ||||||||||||
| V.P. - Institutional Adv. | $156,346 | $9,667 | $20,406 | $186,419 | $0 | |||||||
| Michael Grubbs | ||||||||||||
| Professor of Management | $128,186 | $285 | $4,300 | $16,708 | $150,479 | $1,000 | ||||||
| Damon Campbell | ||||||||||||
| Assistant Professor of Mgmt | $162,256 | $73 | $5,900 | $18,406 | $187,635 | $0 | $1,000 | $0 | $0 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 1A | FormAndLineReferenceDesc |
| Explanation | DISCRETIONARY SPENDING ACCOUNT: ROBERT PEARIGEN HOUSING ALLOWANCE: ROBERT PEARIGEN SOCIAL CLUB DUES: ROBERT PEARIGEN ALL BENEFITS PROVIDED ARE INCLUDED IN THE COMPENSATION OF THE RECIPIENT. | ExplanationTxt |
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 | MISSISSIPPI BUSINESS FINANCE CORP | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 640679132 | BondIssuerEIN |
| Bond Issued | 2008-08-05 | BondIssuedDt |
| Issue Price | $31,000,000 | IssuePriceAmt |
| Purpose | SEE PART VI | 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 | $3,770,000 | RetiredAmt |
| Bond Defeased | $0 | BondDefeasedAmt |
| Total Proceeds | $31,058,702 | TotalProceedsAmt |
| In Reserve Fund | $0 | InReserveFundAmt |
| Capitalized Interest | $0 | CapitalizedInterestAmt |
| Refunding Escrow | $0 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $265,304 | IssuanceCostsFromProceedsAmt |
| Credit Enhancement | $0 | CreditEnhancementAmt |
| Working Capital Expenditures | $0 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $14,174,771 | CapitalExpendituresAmt |
| Other Spent Proceeds | $1,346,545 | OtherSpentProceedsAmt |
| Unspent | $0 | UnspentAmt |
| Substantial Completion | 2011 | SubstantialCompletionYr |
| Current Refunding | Yes (true) | CurrentRefundingInd |
| Advance Refunding | false | AdvanceRefundingInd |
| Final Allocation Made | Yes (true) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | false | MgmtContractBondFincdPropInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0 | PrivateBusUseByOthersPct |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Remedial Action Taken | false | RemedialActionTakenInd |
| Procs Nonqualified Bond Remdtd | false | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (true) | RebateNotDueYetInd |
| Exception To Rebate | false | ExceptionToRebateInd |
| No Rebate Due | false | NoRebateDueInd |
| Variable Rate Issue | Yes (true) | VariableRateIssueInd |
| 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 | 15. | TermOfHedgePct |
| Superintegrated Hedge | false | SuperintegratedHedgeInd |
| Hedge Terminated | false | HedgeTerminatedInd |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
GIC Provider Name GICProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested | false | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | false | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | false | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE K, PART II, LINE 3: | SCHEDULE K, PART II, LINE 3: Total proceeds of issue reported on Line 3 includes investment earnings of $58,702. |
| SCHEDULE K, PART I, LINE A, COLUMN (F) & FORM 990, PART X, LINE 20: | On August 5, 2008, the College entered into a loan through the Mississippi Business Finance Corporation in the amount of $31,000,000. The purpose of the tax-exempt loan was to repay the college project bonds of 1998 and to provide financing for new residence halls, renovation of the Christian Center, and other significant deferred maintenance items. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WGYATES SONS CONSTRUCTION | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | SEE PART V | RelationshipDescriptionTxt |
| Transaction | $2,626,368 | TransactionAmt |
| Transaction | SEE PART V BELOW | TransactionDesc |
| Sharing Of Revenues | false | SharingOfRevenuesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART IV, LINE 1, COLUMNS (B) & (D) | FormAndLineReferenceDesc |
| Explanation | BOARD MEMBER, WILLIAM YATES, IS AN OFFICER OF W.G. YATES & SONS CONSTRUCTION. W.G. YATES AND SONS CONSTRUCTION WAS HIRED TO RENOVATE THE SANDERS-WHITWORTH ADMINISTRATION BUILDING, THE BASEBALL STADIUM, AND THE KAPPA SIGMA FRATERNITY HOUSE IN THE CURRENT YEAR. MR. YATES ABSTAINED FROM VOTING OR TAKING PART OF ANY DECISIONS RELATED TO THESE PROJECTS. | ExplanationTxt |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArtGrp | |
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp | |
| Books And Publications | BooksAndPublicationsGrp | |
| Clothing And Household Goods | ClothingAndHouseholdGoodsGrp | |
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 41 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,254,514 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp | |
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp | |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Page 6, Part VI, Section B, Line 11B: | The Form 990 is reviewed in detail by the audit committee prior to filing with the IRS. A copy of the Form 990 is then provided to the entire Board prior to filing with the IRS. |
| Form 990, Page 6, Part VI, Section B, Line 12c: | Board members and officers complete and file a written conflict of interest statement annually. These statements are maintained in the President's office. The Business Office reviews and reports all findings on the Form 990. If a conflict of interest exists, the board member does not vote on the specific issue. |
| Form 990, Page 6, Part VI, Section B, Line 15a&b: | Compensation for the President is reviewed and approved by the Compensation and Executive Committees of the Board. Compensation for other officers is approved by the President. Compensation for officers is determined from review of market comparisons and performance measurements with other similar institutions. |
| Form 990, Page 6, Part VI, Section C, Line 19: | The organization's governing documents and conflict of interest policy are available to the public upon request. |
| Form 990, Page 12, Part XI, Line 5: | OTHER CHANGES IN FUND BALANCE: ELIMINATION OF MDI $ 624,870 INCREASE IN CASH SURRENDER VALUE 280,232 CHANGE IN VALUE IN SPLIT INTERESTS 1,166,039 UNREALIZED GAINS - SWAP 168,444 TOTAL - OTHER CHANGES IN FUND BALANCE $ 2,257,585 |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Millco | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 150433 | AddressLine1 |
| City | Jackson | City |
| State | MS | State |
| ZIP Code | 39210 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 640511687 | EIN |
| Primary Activities | See Part VII | PrimaryActivitiesTxt |
| Legal Domicile State | MS | LegalDomicileStateCd |
| End Of Year Assets | $0 | EndOfYearAssetsAmt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Controlled OrganizationControlledOrganizationInd | Address Line1ForeignAddress/AddressLine1 | CityForeignAddress/City | Province Or StateForeignAddress/ProvinceOrState | CountryForeignAddress/Country | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Millsaps Development Inc | |||||||||||||
| PO Box 150433 | Jackson | MS | 39210 | 237210558 | See Part VII | MS | 501(c)(2) | Yes (true) | |||||
| Millsaps Real Estate Holdings Inc | |||||||||||||
| PO Box 150433 | Jackson | MS | 39210 | 640833283 | See Part VII | MS | 501(c)(2) | Yes (true) | |||||
| Kaxil Kiuic AC | |||||||||||||
| See Part VII | Yes (true) | Calle 10 No 66 POR 7 Y 9 9713 | Merida | Yucatan | MX | MX | |||||||
| Micas-Kiuic Venture AC | |||||||||||||
| See Part VII | Yes (true) | Calle 10 No 66 POR 7 Y 9 9713 | Merida | Yucatan | MX | MX | |||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (true) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Millsaps Development Inc | ||
| b | $75,000 | Capital Contr. |
| Millsaps Development Inc | ||
| c | $223,869 | Net Earnings |
| Kaxil Kiuic AC | ||
| r | $88,488 | Operating Exp. |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule R, Part I, (1) (b): | Millco is a 100% owned subsidiary of Millsaps College. It is currently inactive and had no transactions for the period of this return. |
| Schedule R, Part II, Line (1)(B): | Millsaps Development, Inc. - to develop certain of the College's real property as a source of revenue to the college. |
| Schedule R, Part II, Line (2)(B): | Millsaps Real Estate Holdings, Inc. is a 100% owned subsidiary of Millsaps College. It is currently inactive and had no transactions for the period of this return. |
| Schedule R, Part II, Line (3)(B): | Kaxil Kiuic, A.C. manages the Helen Moyers Biocultural Reserve located in the Bolonchen District of the Puus Region of Yucatan, Mexico. The reserve is a living laboratory where research and education are carried out in an effort to not only acquire knowledge but help sustain the reserve's ecological and cultural resources. It is also a place designed to provide support to the neighboring Maya towns as they confront the challenges of sustaining their own culture and identity. |
| Schedule R, Part II, Line (4)(B): | Micas-Kiuic Venture, A.C. owns the 4,000-acre reserve in Mexico's Yucatan Peninsula where the Kaxil Kiuic Biocultural Reserve program is conducted. The reserve contains a wealth of archaeological sites important to the understanding of ancient and modern Maya culture. The Yucatan Program offers faculty and students a living laboratory where they study the relationships among disciplines as varied as biology, English, business, the environment, and archaeology. The Reserve - which demonstrates connections between economic development, environmental policy, and cultural preservation - has become a national model for interdisciplinary studies. |
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