WHEATON COLLEGE: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- WHEATON COLLEGE (EIN 04-2103638)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-05-13
- IRS object ID
- 201511339349304916
- 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 C
- 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 | 2015-05-13T13:26:55-07:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042103638 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WHEATON COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WHEA | BusinessNameControlTxt |
| Phone | 5082868219 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 35 East Main Street | AddressLine1 |
| City | Norton | City |
| State | MA | State |
| ZIP Code | 02766 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Dennis Hanno | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 5082868208 | PhoneNum |
| Signature | 2015-05-13 | SignatureDt |
| 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 | Dennis M Hanno | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 35 East Main St | AddressLine1 |
| City | Norton | City |
| State | MA | State |
| ZIP Code | 02766 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $154,410,354 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.wheatoncollege.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1834 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | Wheaton College provides a transformative liberal arts education for intellectually curious students in a collaborative, academically vibrant residential community that values a diverse world. | ActivityOrMissionDesc |
| Voting Members Governing Body | 36 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 34 | VotingMembersIndependentCnt |
| Total Employee | 1802 | TotalEmployeeCnt |
| Total Volunteers | 1350 | TotalVolunteersCnt |
| Total Gross UBI | $425,109 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $11,836,625 | PYContributionsGrantsAmt |
| CY Contributions Grants | $12,345,009 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $86,910,826 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $90,928,196 | CYProgramServiceRevenueAmt |
| PY Investment Income | $10,628,657 | PYInvestmentIncomeAmt |
| CY Investment Income | $7,349,894 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,757,802 | PYOtherRevenueAmt |
| CY Other Revenue | $2,635,034 | CYOtherRevenueAmt |
| PY Total Revenue | $112,133,910 | PYTotalRevenueAmt |
| CY Total Revenue | $113,258,133 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $31,800,917 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $34,354,995 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $43,384,357 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $42,782,284 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $4,691,207 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $35,005,857 | PYOtherExpensesAmt |
| CY Other Expenses | $36,498,995 | CYOtherExpensesAmt |
| PY Total Expenses | $110,191,131 | PYTotalExpensesAmt |
| CY Total Expenses | $113,636,274 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,942,779 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$378,141 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $331,044,935 | TotalAssetsBOYAmt |
| Total Assets EOY | $345,894,681 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $54,537,324 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $48,906,035 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $276,507,611 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $296,988,646 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Wheaton College provides a transformative liberal arts education for intellectually curious students in a collaborative, academically vibrant residential community that values a diverse world. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $103,945,927 | ExpenseAmt |
| Grant | $34,354,995 | GrantAmt |
| Revenue | $92,651,965 | RevenueAmt |
| Desc | Wheaton College (the "college") is a private, coeducational, liberal arts college located in Norton, Massachusetts and is accredited by the New England Association of Schools and Colleges. Founded as a Female Seminary in 1834 and chartered as a four-year college in 1912, the college became coeducational in 1988. The college provides academic, residential and other services to a diverse student population of approximately 1,660 drawn from schools predominately in the Northeast region of the United States, as well as from many other U.S. states and territories and approximately 40 foreign countries. The curriculum features more than 600 courses of study and 47 majors in the humanities, the social sciences, and the natural sciences. The college offers the Bachelor of Arts degree at the undergraduate level, and the Masters of Arts degree under special circumstances. | Desc |
| Total Other Prog Srvc Expense | $0 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $103,945,927 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (1) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (1) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 193 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1802 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 36 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 34 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Meghan Kass | PersonNm |
| Phone | 5082863440 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 35 East Main Street | AddressLine1 |
| City | Norton | City |
| State | MA | State |
| ZIP Code | 02766 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (48 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 | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| Kenneth R Babby | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Monique Lee Bahadur | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Anson M Beard Jr | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Roger Brown | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Mary Bartlett Bryson | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Wayne A Budd | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Nancy Pearlstine Conger | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Caroline Campbell Edwards | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Debra Kent Glidden | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Paul E Gray | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Thomas J Hollister | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Amanda Gray Idema | |||||||||
| Turstee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Wyneva Johnson | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| James B Karman | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Janet L Kelly | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Kirk D Kolenbrander | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Janet Lindholm Lebovitz | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| S Catherine Longley | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Adrienne Bevis Mars | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Jane A Martin | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Diane C Nordin | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Christopher B Paquet | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Keith J Peden | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Mary Zygala Schleyer | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Alison Grant Small | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Brian R Smiley | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Margaret Dunn Smith | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Kerin E Stackpole | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Matthew Strekel | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| John C Talanian | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Cathy Ann Trower | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Cheryl Vedoe | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| David L Wagner | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Cornelia Clifford Wareham | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| John Hazen White Jr | |||||||||
| Trustee | 2 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Ronald A Crutcher | |||||||||
| President and ex officio Trustee | 40 | 0 | Yes (X) | $368,427 | $0 | $102,677 | Yes (X) | ||
| Gail Berson | |||||||||
| Vice President Enrollment & Marketing | 40 | 0 | $193,686 | $0 | $32,913 | Yes (X) | |||
| Mary Casey | |||||||||
| Vice President Advancement | 40 | 0 | $233,425 | $0 | $44,388 | Yes (X) | |||
| Brian Douglas | |||||||||
| Vice President for Finance & Administration | 40 | 0 | $241,364 | $0 | $50,900 | Yes (X) | |||
| Linda Eisenmann | |||||||||
| Provost | 40 | 0 | $211,186 | $0 | $38,124 | Yes (X) | |||
| Ellen Hallett | |||||||||
| Secretary of the Board | 40 | 0 | $93,995 | $0 | $18,269 | Yes (X) | |||
| Lee Williams | |||||||||
| Vice President Student Affairs & Dean of College | 40 | 0 | $166,115 | $0 | $39,308 | Yes (X) | |||
| Philip Timothy Barker | |||||||||
| Professor of Astronomy | 40 | 0 | $275,512 | $0 | $10,708 | Yes (X) | |||
| Grace Baron | |||||||||
| Professor of Psychology | 40 | 0 | $200,534 | $0 | $12,213 | Yes (X) | |||
| Darlene Boroviak | |||||||||
| Professor of Political Science | 40 | 0 | $306,392 | $0 | $12,719 | Yes (X) | |||
| George Cunard | |||||||||
| Professor of Art | 40 | 0 | $200,465 | $0 | $9,877 | Yes (X) | |||
| Derek Price | |||||||||
| Professor of Psychology | 40 | 0 | $203,178 | $0 | $5,442 | Yes (X) | |||
| Meghan Kass | |||||||||
| Controller & Assistant Treasurer | 40 | 0 | $114,353 | $0 | $34,007 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,808,632 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $411,545 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 54 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Aramark | |||||
| 1101 Market Street | Philadelphia | PA | 19107 | Dining Services | $5,526,428 |
| RAD Corporation | |||||
| 171 VFW Drive | Rockland | MA | 02370 | Construction | $2,313,405 |
| Nauset Builders LLC | |||||
| PO Box 492 | Dighton | MA | 02715 | Construction | $534,093 |
| LVW Advisors LLC | |||||
| 67 Monroe Avenue | Pittsford | NY | 14534 | Investment consultant | $244,621 |
| Bernkopf Goodman LLP | |||||
| 2 Seaport Lane 9th Floor | Boston | MA | 02210 | Legal firm | $171,501 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 12 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $0 | FederatedCampaignsAmt |
| Membership Dues | $0 | MembershipDuesAmt |
| Fundraising | $17,430 | FundraisingAmt |
| Related Organizations | $0 | RelatedOrganizationsAmt |
| Government Grants | $513,722 | GovernmentGrantsAmt |
| All Other Contributions | $11,813,857 | AllOtherContributionsAmt |
| Noncash Contributions | $1,394,663 | NoncashContributionsAmt |
| Total Contributions | $12,345,009 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| Tuition and fees | 611310 | $73,565,266 | $73,565,266 | $0 | $0 |
| Room & Board | 611310 | $17,261,799 | $17,261,799 | $0 | $0 |
| Education department services | 611310 | $101,131 | $101,131 | $0 | $0 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $90,928,196 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,076,918 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $1,524 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,075,394 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $287 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $287 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $249,624 | RealAmt |
| Personal | $0 | PersonalAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $249,624 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $249,624 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $249,624 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $46,285,892 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $41,013,203 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,272,689 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,272,689 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $5,272,689 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $25,558 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $17,430 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $139,018 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$113,460 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$113,460 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $0 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| Dining services | 721000 | $1,181,329 | $1,181,329 | $0 | $0 |
| Telecommunications | 517000 | $214,333 | $0 | $0 | $214,333 |
| Conference & events | 451211 | $536,020 | $0 | $423,585 | $112,435 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $567,188 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $542,441 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $24,747 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,498,870 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $113,258,133 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $92,651,966 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $425,109 | UnrelatedBusinessRevenueAmt |
| Exclusion | $7,836,049 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,409,393 | TotalAmt |
| Program Services | $32,409,393 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,945,602 | TotalAmt |
| Program Services | $1,945,602 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,988,459 | TotalAmt |
| Program Services | $883,325 | ProgramServicesAmt |
| Management And General | $642,485 | ManagementAndGeneralAmt |
| Fundraising | $462,649 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $261,218 | TotalAmt |
| Program Services | $196,790 | ProgramServicesAmt |
| Management And General | $64,428 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,304,135 | TotalAmt |
| Program Services | $27,758,192 | ProgramServicesAmt |
| Management And General | $1,461,835 | ManagementAndGeneralAmt |
| Fundraising | $2,084,108 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,447,542 | TotalAmt |
| Program Services | $2,169,135 | ProgramServicesAmt |
| Management And General | $115,441 | ManagementAndGeneralAmt |
| Fundraising | $162,966 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,475,094 | TotalAmt |
| Program Services | $3,917,089 | ProgramServicesAmt |
| Management And General | $245,687 | ManagementAndGeneralAmt |
| Fundraising | $312,318 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,305,836 | TotalAmt |
| Program Services | $1,989,558 | ProgramServicesAmt |
| Management And General | $144,120 | ManagementAndGeneralAmt |
| Fundraising | $172,158 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $113,388 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $113,388 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $191,000 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $191,000 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,320,675 | TotalAmt |
| Program Services | $4,147,848 | ProgramServicesAmt |
| Management And General | $172,827 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,786,021 | TotalAmt |
| Program Services | $6,374,923 | ProgramServicesAmt |
| Management And General | $137,301 | ManagementAndGeneralAmt |
| Fundraising | $273,797 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $251,798 | TotalAmt |
| Program Services | $242,551 | ProgramServicesAmt |
| Management And General | $9,247 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,134,269 | TotalAmt |
| Program Services | $929,193 | ProgramServicesAmt |
| Management And General | $22,416 | ManagementAndGeneralAmt |
| Fundraising | $182,660 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $748,199 | TotalAmt |
| Program Services | $740,462 | ProgramServicesAmt |
| Management And General | $6,361 | ManagementAndGeneralAmt |
| Fundraising | $1,376 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,202,074 | TotalAmt |
| Program Services | $3,131,348 | ProgramServicesAmt |
| Management And General | $70,726 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,190,271 | TotalAmt |
| Program Services | $1,893,256 | ProgramServicesAmt |
| Management And General | $75,859 | ManagementAndGeneralAmt |
| Fundraising | $221,156 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $126,627 | TotalAmt |
| Program Services | $103,471 | ProgramServicesAmt |
| Management And General | $12,326 | ManagementAndGeneralAmt |
| Fundraising | $10,830 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,724,303 | TotalAmt |
| Program Services | $1,724,303 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,533,366 | TotalAmt |
| Program Services | $6,794,668 | ProgramServicesAmt |
| Management And General | $369,349 | ManagementAndGeneralAmt |
| Fundraising | $369,349 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $326,373 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $326,373 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Program Support | $2,065,758 | $2,056,828 | $330 | $8,600 |
| Equipment & Maintenance | $2,072,722 | $1,991,673 | $3,725 | $77,324 |
| Events, entertainment & food | $1,467,469 | $603,979 | $571,143 | $292,347 |
| Library acquisition & subscriptions | $1,122,262 | $954,249 | $152,838 | $15,175 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,122,420 | TotalAmt |
| Program Services | $988,091 | ProgramServicesAmt |
| Management And General | $89,935 | ManagementAndGeneralAmt |
| Fundraising | $44,394 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $113,636,274 | TotalAmt |
| Program Services | $103,945,927 | ProgramServicesAmt |
| Management And General | $4,999,140 | ManagementAndGeneralAmt |
| Fundraising | $4,691,207 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,036,770 | BOYAmt |
| EOY | $4,614,368 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,269,715 | BOYAmt |
| EOY | $9,403,464 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,251,191 | BOYAmt |
| EOY | $9,178,820 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,155,179 | BOYAmt |
| EOY | $1,294,982 | 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 | $3,023,193 | BOYAmt |
| EOY | $2,977,178 | 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 | $2,149,829 | BOYAmt |
| EOY | $1,792,556 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $187,328,231 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $80,240,436 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $111,008,901 | BOYAmt |
| EOY | $107,087,795 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $85,401,414 | BOYAmt |
| EOY | $102,862,955 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $101,368,500 | BOYAmt |
| EOY | $102,341,348 | 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 | $6,380,243 | BOYAmt |
| EOY | $4,341,215 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $331,044,935 | BOYAmt |
| EOY | $345,894,681 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,879,892 | BOYAmt |
| EOY | $5,726,791 | 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 | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,541,304 | BOYAmt |
| EOY | $34,906,802 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,116,128 | BOYAmt |
| EOY | $8,272,442 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,537,324 | BOYAmt |
| EOY | $48,906,035 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $119,105,020 | BOYAmt |
| EOY | $123,295,097 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,047,984 | BOYAmt |
| EOY | $75,255,284 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $91,354,607 | BOYAmt |
| EOY | $98,438,265 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $276,507,611 | BOYAmt |
| EOY | $296,988,646 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $331,044,935 | BOYAmt |
| EOY | $345,894,681 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$378,141 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $20,859,176 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Investment Expense | $0 | InvestmentExpenseAmt |
| Prior Period Adjustments | $0 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | 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 (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $12,672,635 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,807,039 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,875,896 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $11,836,625 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,345,009 | CurrentTaxYearAmt |
| Total | $66,537,204 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $12,672,635 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,807,039 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,875,896 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $11,836,625 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,345,009 | CurrentTaxYearAmt |
| Total | $66,537,204 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $9,837,829 | SubstantialContributorsTotAmt |
| Public Support Total170 | $56,699,375 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,097,151 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,571,373 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,631,969 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,600,102 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,326,829 | CurrentTaxYearAmt |
| Total | $12,227,424 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $55,853 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,397 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,299 | CurrentTaxYearAmt |
| Total | $66,549 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,375,252 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $263,903 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $315,603 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $532,525 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $550,538 | CurrentTaxYearAmt |
| Total | $3,037,821 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $81,868,998 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $427,844,128 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.69256 | PublicSupportCY170Pct |
| Public Support PY170 | 0.69634 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests PY170 | Yes (X) | ThirtyThrPctSuprtTestsPY170Ind |
Form990 Schedule A Part IV Form990ScheduleAPartIVGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule A, Part I, Line 7 | The basis of Wheaton College's public charity status has been and continues to be its qualifications as a school described in Section 170(B)(1)(A)(II). The organization has checked box 7 on Schedule A, part 1 and completed Schedule A, part II in order to demonstrate its qualification to follow the special rule for abbreviated reporting of contributions on form 990, Schedule B. |
| Schedule A, Part II, Line 10 | The amount on line 10 includes conference and events revenue and telecommunications fees. |
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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $13,822 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $13,822 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule C, Part II-B, Line 1 | FormAndLineReferenceDesc |
| Explanation | The amount on line 1i reflects membership dues paid to member organizations, including NACUBO and AICUM, which may engage in lobbying activities in connection with issues that impact higher education. Therefore, a portion of the dues may be attributed to lobbying activities. The college does not directly participate in these lobbying activities. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $0 | RevenuesIncludedAmt |
| Assets Included | $554,920 | AssetsIncludedAmt |
Held Works Art HeldWorksArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $0 | RevenuesIncludedAmt |
| Assets Included | $0 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $176,062,312 | BeginningYearBalanceAmt |
| Contributions | $2,906,160 | ContributionsAmt |
| Investment Earnings Or Losses | $27,054,403 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,030,224 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,127,326 | OtherExpendituresAmt |
| Administrative Expenses | $4,320,675 | AdministrativeExpensesAmt |
| End Year Balance | $193,544,650 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $159,484,340 | BeginningYearBalanceAmt |
| Contributions | $4,228,827 | ContributionsAmt |
| Investment Earnings Or Losses | $23,687,566 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,738,162 | GrantsOrScholarshipsAmt |
| Other Expenditures | $4,807,064 | OtherExpendituresAmt |
| Administrative Expenses | $3,793,195 | AdministrativeExpensesAmt |
| End Year Balance | $176,062,312 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $164,947,509 | BeginningYearBalanceAmt |
| Contributions | $3,720,273 | ContributionsAmt |
| Investment Earnings Or Losses | $488,306 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,912,836 | GrantsOrScholarshipsAmt |
| Other Expenditures | $4,834,599 | OtherExpendituresAmt |
| Administrative Expenses | $1,924,313 | AdministrativeExpensesAmt |
| End Year Balance | $159,484,340 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $146,689,850 | BeginningYearBalanceAmt |
| Contributions | $5,485,620 | ContributionsAmt |
| Investment Earnings Or Losses | $23,529,926 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,673,633 | GrantsOrScholarshipsAmt |
| Other Expenditures | $4,631,545 | OtherExpendituresAmt |
| Administrative Expenses | $3,452,709 | AdministrativeExpensesAmt |
| End Year Balance | $164,947,509 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $139,758,659 | BeginningYearBalanceAmt |
| Contributions | $2,327,920 | ContributionsAmt |
| Investment Earnings Or Losses | $14,921,188 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,677,781 | GrantsOrScholarshipsAmt |
| Other Expenditures | $4,587,325 | OtherExpendituresAmt |
| Administrative Expenses | $3,052,811 | AdministrativeExpensesAmt |
| End Year Balance | $146,689,850 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.238 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.44 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.322 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $2,252,909 | OtherCostOrOtherBasisAmt |
| Book Value | $2,252,909 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $162,376,188 | OtherCostOrOtherBasisAmt |
| Depreciation | $66,409,453 | DepreciationAmt |
| Book Value | $95,966,735 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $0 | OtherCostOrOtherBasisAmt |
| Depreciation | $0 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $10,075,791 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,303,120 | DepreciationAmt |
| Book Value | $2,772,671 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $12,623,343 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,527,863 | DepreciationAmt |
| Book Value | $6,095,480 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $107,087,795 | TotalBookValueLandBuildingsAmt |
Financial Derivatives FinancialDerivativesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $0 | BookValueAmt |
Closely Held Equity Interests CloselyHeldEquityInterestsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $154,500 | BookValueAmt |
Other Securities OtherSecuritiesGrp (7 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Hedged equity - developed & emerging | $27,898,596 | F |
| Real property & commodities | $24,699,268 | F |
| Private equity | $16,833,319 | F |
| Opportunistic credit | $23,817,029 | F |
| Domestic & international equities | $4,972,203 | F |
| Fixed Income | $3,530,133 | F |
| Other | $436,300 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $102,341,348 | TotalBookValueSecuritiesAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| Annuity obligation | $3,352,631 |
| Government advances for student loans | $2,509,471 |
| Asset retirement obligations | $1,313,005 |
| Student deposits | $1,097,335 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $8,272,442 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $95,925,596 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $20,859,176 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Recoveries Prior Year Grants | $0 | RecoveriesPriorYearGrantsAmt |
| Other Revenue | -$33,871,038 | OtherRevenueAmt |
| Revenue Not Reported | -$13,011,862 | RevenueNotReportedAmt |
| Revenue Subtotal | $108,937,458 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $4,320,675 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $0 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $4,320,675 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $113,258,133 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $75,444,561 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $0 | DonatedServicesUseFcltsAmt |
| Prior Year Adjustments | $0 | PriorYearAdjustmentsAmt |
| Losses Reported | $0 | LossesReportedAmt |
| Other Expenses Included | -$33,871,038 | OtherExpensesIncludedAmt |
| Expenses Not Reported | -$33,871,038 | ExpensesNotReportedAmt |
| Expenses Subtotal | $109,315,599 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $4,320,675 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $0 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $4,320,675 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $113,636,274 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part III, Line 4 | The college's collection items include rare books, historical artifacts and art work that are used for scholarly research, public exhibitions and to document the history of the college. |
| Schedule D, Part V, Line 4 | The college's endowment funds provide income and support for the furtherance of the educational mission of the college in accordance with the donors' intentions. The majority of the permanent endowment is held for scholarship, teaching, and program expenses. |
| Schedule D, Part X, Line 2 | The college accounts for the effect of any uncertain tax positions based on a "more likely than not" threshold to the recognition of the tax positions being sustained based on the technical merits of the position under scrutiny by the applicable taxing authority. If a tax position or positions are deemed to result in uncertainties of those positions, the unrecognized tax benefit is estimated based on a "cumulative probability assessment" that aggregates the estimated tax liability for all uncertain tax positions. The college has identified its tax status as a tax exempt entity as its only significant tax position; however, the college has determined that such tax position does not result in an uncertainty requiring recognition. The college is not currently under examination by any taxing jurisdictions. The college's Federal and state tax returns are generally open for examination for three years following the date filed. |
| Schedule D, Part XI, Line 2d | Scholarship and grants provided to students of $34,010,056 is presented as a contra-revenue item in the audited financial statements and as an expense item in the Form 990. Fundraising event expenses of $139,018 are shown as an expense in the audited financial statements and as a contra-revenue item on the Form 990. |
| Schedule D, Part XII, Line 2d | Scholarship and grants provided to students of $34,010,056 is presented as a contra-revenue item in the audited financial statements and as an expense item in the Form 990. Fundraising event expenses of $139,018 are shown as an expense in the audited financial statements and as a contra-revenue item on the Form 990. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | 0 | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 2 | Wheaton College is committed to the principles of Equal Opportunity as defined under federal and state law. The college's Notice of Nondiscrimination is available on its website at http://wheatoncollege.edu/policies/eqopp.html and referenced on its Admission webpages. |
| Schedule E, Part I, Line 3 | Wheaton College customarily draws a substantial percentage of its students from the Northeast region of the United States, as well as from many other U.S. states and territories and approximately 40 foreign countries. The College follows a racially nondiscriminatory policy as to its students and enrolls students of racial minority groups in meaningful numbers. |
| Schedule E, Part I, Line 6 | Students receive financial aid from state and federal agencies based on predetermined financial and scholastic guidelines consistent with the college's educational mission. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (32 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| Central America and the Caribbean | 0 | 1 | Program Services | Study abroad | $24,523 |
| Central America and the Caribbean | 0 | 0 | Grantmaking | $7,050 | |
| East Asia and the Pacific | 0 | 1 | Program Services | Study abroad | $425,525 |
| East Asia and the Pacific | 0 | 0 | Grantmaking | $293,602 | |
| East Asia and the Pacific | 0 | 1 | Program Services | Admissions | $16,875 |
| East Asia and the Pacific | 0 | 1 | Program Services | Telescope site | $2,724 |
| East Asia and the Pacific | 0 | 1 | Program Services | Faculty research | $506 |
| Europe (including Iceland and Greenland) | 0 | 3 | Program Services | Study abroad | $1,706,839 |
| Europe (including Iceland and Greenland) | 0 | 0 | Grantmaking | $1,172,740 | |
| Europe (including Iceland and Greenland) | 0 | 3 | Fundraising | $8,726 | |
| Europe (including Iceland and Greenland) | 0 | 2 | Program Services | Admissions | $829 |
| Europe (including Iceland and Greenland) | 0 | 0 | Program Services | Library & IT | $32,234 |
| Europe (including Iceland and Greenland) | 0 | 0 | Program Services | Athletics | $3,752 |
| Europe (including Iceland and Greenland) | 0 | 9 | Program Services | Faculty research | $15,924 |
| Middle East and North Africa | 0 | 0 | Program Services | Study abroad | $55,359 |
| Middle East and North Africa | 0 | 0 | Grantmaking | $46,500 | |
| Middle East and North Africa | 0 | 1 | Program Services | Admissions | $4,956 |
| Middle East and North Africa | 0 | 0 | Program Services | Faculty research | $1,903 |
| Russia and the newly independent States | 0 | 0 | Program Services | Study abroad | $43,460 |
| Russia and the newly independent States | 0 | 0 | Grantmaking | $8,750 | |
| South America | 0 | 0 | Program Services | Study abroad | $102,588 |
| South America | 0 | 0 | Grantmaking | $73,530 | |
| South America | 0 | 1 | Program Services | Admissions | $2,906 |
| South Asia | 0 | 1 | Program Services | Study abroad | $401,815 |
| South Asia | 0 | 0 | Grantmaking | $246,990 | |
| South Asia | 0 | 1 | Fundraising | $1,896 | |
| South Asia | 0 | 2 | Program Services | Admissions | $3,091 |
| South Asia | 0 | 2 | Program Services | Faculty research | $4,468 |
| Sub-Saharan Africa | 0 | 1 | Program Services | Study abroad | $105,946 |
| Sub-Saharan Africa | 0 | 0 | Grantmaking | $96,440 | |
| Sub-Saharan Africa | 0 | 2 | Program Services | Faculty research | $20,088 |
| Central America and the Caribbean | 0 | 0 | Investments | $45,835,109 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 33 | TotalEmployeeCnt |
| Total Spent | $50,767,644 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (8 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Description Of Non Cash AsstDescriptionOfNonCashAsstTxt |
|---|---|---|---|---|---|
| Scholarship to students | Central America and the Caribbean | 1 | $0 | $7,050 | Tuition offset |
| Scholarship to students | East Asia and the Pacific | 22 | $0 | $293,602 | Tuition offset |
| Scholarship to students | Europe (including Iceland and Greenland) | 103 | $0 | $1,172,740 | Tuition offset |
| Scholarship to students | Middle East and North Africa | 4 | $0 | $46,500 | Tuition offset |
| Scholarship to students | Russia and the newly independent States | 2 | $0 | $8,750 | Tuition offset |
| Scholarship to students | South America | 5 | $0 | $73,530 | Tuition offset |
| Scholarship to students | South Asia | 23 | $0 | $246,990 | Tuition offset |
| Scholarship to students | Sub-Saharan Africa | 6 | $0 | $96,440 | Tuition offset |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule F, Part I, Line 2 | The college is committed to making study abroad programs available to as wide a range of students as possible. As a result the number of Wheaton students who study abroad is consistently high. Students pay the college its comprehensive fee with offsetting scholarships provided in accordance with standard college financial aid policies and procedures. The college pays foreign schools to provide teaching and accommodations. |
| Schedule F, Part I, Line 3 | The study abroad programs are separately tracked in the college's general ledger system by activity and the amounts represent tuition payments, lodging, travel costs and incidentals for students and faculty liaisons. The admissions recruiting, fundraising and faculty research amounts are tracked primarily using the college's credit card system and represent travel, meals and lodging costs for college employees conducting business in these regions. All expenses are under the accrual method of accounting. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Golf Tournament | NameOfEvent1Amt |
| Gross Receipts Event1 | $28,120 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $13,395 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $14,725 | GrossRevenueEvent1Amt |
| Cash Prizes Event1 | $0 | CashPrizesEvent1Amt |
| Non Cash Prizes Event1 | $0 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $10,952 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $0 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $0 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $6,062 | OtherDirectExpensesEvent1Amt |
| Name Of Event2 | City Seminar Series | NameOfEvent2Amt |
| Gross Receipts Event2 | $14,868 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $4,035 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $10,833 | GrossRevenueEvent2Amt |
| Cash Prizes Event2 | $0 | CashPrizesEvent2Amt |
| Non Cash Prizes Event2 | $0 | NonCashPrizesEvent2Amt |
| Rent Facility Costs Event2 | $122,004 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $0 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $0 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $0 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 0 | OtherEventsTotalCnt |
| Gross Receipts Total | $42,988 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $17,430 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $25,558 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $0 | CashPrizesTotalEventsAmt |
| Non Cash Prizes Total Events | $0 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $132,956 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $0 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $0 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $6,062 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $139,018 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$113,460 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|
| Scholarship to students | 1404 | $0 | $32,064,454 | Reduction of student balance for tuition owed to the college |
| Fellowship stipend | 129 | $344,939 | $0 | Fellowship stipend |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 | FormAndLineReferenceDesc |
| Explanation | The college's Office of Financial aid is responsible for awarding and monitoring all college, federal and state grant assistance. More than 60% of Wheaton students receive some form of financial aid and most students who demonstrate need receive aid. Financial assistance at Wheaton is awarded on the basis of demonstrated need and academic performance. "Need" is determined by the financial information that a student and his/her family provides on the Free Application for Federal Student Aid (FAFSA) and PROFILE forms which capture the data required to determine eligibility based on federal and/or state regulations. A need-based package may include a merit scholarship, grants, loans or work award. When funds are awarded, student eligibility is monitored through the college's operational system financial aid module to ensure there are no changes in status that might affect their ongoing eligibility. Total grant funds awarded are tracked to ensure compliance with budgeted amounts. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Philip Timothy Barker | ||||||||||||||
| Professor of Astronomy | $68,117 | $0 | $10,000 | $0 | $197,395 | $0 | $6,263 | $0 | $4,445 | $0 | $286,220 | $0 | $0 | $0 |
| Grace Baron | ||||||||||||||
| Professor of Psychology | $42,358 | $0 | $0 | $0 | $158,176 | $0 | $4,143 | $0 | $8,070 | $0 | $212,747 | $0 | $0 | $0 |
| Gail Berson | ||||||||||||||
| Vice President Enrollment & Marketing | $193,326 | $0 | $0 | $0 | $360 | $0 | $17,663 | $0 | $15,250 | $0 | $226,599 | $0 | $0 | $0 |
| Darlene Boroviak | ||||||||||||||
| Professor of Political Science | $78,939 | $0 | $10,000 | $0 | $217,453 | $0 | $7,223 | $0 | $5,496 | $0 | $319,111 | $0 | $0 | $0 |
| Mary Casey | ||||||||||||||
| Vice President Advancement | $213,425 | $0 | $20,000 | $0 | $0 | $0 | $20,036 | $0 | $24,352 | $0 | $277,813 | $0 | $0 | $0 |
| Ronald A Crutcher | ||||||||||||||
| President and ex officio Trustee | $356,783 | $0 | $0 | $0 | $11,644 | $0 | $47,170 | $0 | $55,507 | $0 | $471,104 | $0 | $0 | $0 |
| George Cunard | ||||||||||||||
| Professor of Art | $49,035 | $0 | $0 | $0 | $151,430 | $0 | $4,531 | $0 | $5,346 | $0 | $210,342 | $0 | $0 | $0 |
| Brian Douglas | ||||||||||||||
| Vice President for Finance & Administration | $221,334 | $0 | $15,000 | $0 | $5,030 | $0 | $20,925 | $0 | $29,975 | $0 | $292,264 | $0 | $0 | $0 |
| Linda Eisenmann | ||||||||||||||
| Provost | $206,961 | $0 | $0 | $0 | $4,225 | $0 | $18,673 | $0 | $19,451 | $0 | $249,310 | $0 | $0 | $0 |
| Meghan Kass | ||||||||||||||
| Controller & Assistant Treasurer | $110,853 | $0 | $3,500 | $0 | $0 | $0 | $11,126 | $0 | $22,881 | $0 | $148,360 | $0 | $0 | $0 |
| Derek Price | ||||||||||||||
| Professor of Psychology | $50,499 | $0 | $0 | $0 | $152,679 | $0 | $4,569 | $0 | $873 | $0 | $208,620 | $0 | $0 | $0 |
| Lee Williams | ||||||||||||||
| Vice President Student Affairs & Dean of College | $162,819 | $0 | $0 | $0 | $3,296 | $0 | $14,891 | $0 | $24,417 | $0 | $205,423 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a | The President, Provost and Dean of Students are provided with housing, including maintenance of such space, for the convenience of the employer on the college's premises. The value of the personal space within the housing is included as a nontaxable benefit on Schedule J. The value of the maintenance of the personal space is taxed accordingly. The President is provided with a college vehicle for business use and any personal miles are taxed accordingly. In addition, the President is a member of a local country club and local social clubs for which the college is responsible for the payment of dues. Any personal use of such clubs is reimbursed to the college. |
| Schedule J, Part I, Line 3 | The Wheaton College Executive Committee, an independent board, establishes compensation to ensure that the Internal Revenue Code provision of "rebuttable presumption of reasonableness" is met and "intermediate sanctions" are not incurred. The Executive Committee obtains and relies upon appropriate data regarding comparability of the compensation package prior to making its determination. Appropriate data includes compensation levels paid by similarly situated organizations, independent compensation surveys by nationally recognized independent firms, and written offers from similar institutions competing for the services of the individual. The Executive Committee documents the basis for its determinations including: the terms of the approved transaction and date approved; the members of the committee who were present during the discussion; and the data obtained and relied upon. |
| Schedule J, Part I, Line 4 | Darlene Boroviak, Grace Baron, Derek Price, Timothy Barker and George Cunard received $216,729, $157,848, $152,283, $196,770 and $151,041, respectively, as a result of their separation from the college on June 30, 2013 as part of a faculty retirement program. Gail Berson, Vice President for Enrollment and Marketing, received a payment of $198,196 as a result of her separation from the college on June 30, 2014. |
| Schedule J, Part I, Line 7 | Timothy Barker and Darlene Boroviak received a $10,000 bonus in lieu of taking a regular sabbatical leave during the 2012-13 academic year under the faculty retirement incentive plan. The Vice President for Advancement, the Vice President for Finance and Administration, the Secretary of the Board, and the Controller and Assistant Treasurer received a performance related bonus of $20,000, $15,000, $1,000 and $3,500, respectively. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| Massachusetts Health and Educational Facilities Authority | ||||||||
| A | 042456011 | 57586CCH6 | 2004-04-28 | $18,369,960 | Refunding of Series C, campus renovations | Yes (1) | 0 | 0 |
| Massachusetts Health and Educational Facilities Authority | ||||||||
| B | 042456011 | 57586EUF6 | 2010-05-04 | $32,361,170 | Construction of academic facilities | 0 | 0 | 0 |
| Massachusetts Development Finance Agency | ||||||||
| C | 043431814 | 000000000 | 2014-04-11 | $13,203,807 | Refunding of 2004 Series E Bonds and renovation of dining facilities | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $0 | $0 | $18,369,960 | $0 | $0 | $14,861,557 | $336,096 | $0 | $0 | $3,172,307 | $0 | $0 | 2005 | Yes (1) | 0 | Yes (1) | Yes (1) |
| B | $0 | $0 | $32,361,170 | $0 | $1,412,008 | $0 | $448,729 | $0 | $0 | $30,500,433 | $0 | $0 | 2011 | 0 | 0 | Yes (1) | Yes (1) |
| C | $0 | $0 | $13,203,807 | $0 | $0 | $7,064,922 | $138,885 | $0 | $0 | $0 | $0 | $6,000,000 | Yes (1) | 0 | 0 | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | Yes (1) | 0 | 0 | 0 | 0.02 | 0.02 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0.001 | 0.0148 | 0.0158 | 0 | 0 | Yes (1) |
| C | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule K, Part IV, Line 2c-04/28/2004 18,369,960 Massachusetts Health and Educational Facilities A | The computations were performed for the June 30, 2014 computation date. |
| Schedule K, Part IV, Line 2c-05/04/2010 32,361,170 Massachusetts Health and Educational Facilities A | The computations were performed for the June 30, 2014 computation date. |
| Schedule K, Part IV, Line 2c-04/11/2014 13,203,807 Massachusetts Development Finance Agency | The computations were performed for the June 30, 2014 computation date. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| Global Partners LP | |||
| Trustee is COO & CFO | $760,702 | Fixed rate energy contract | 0 |
| Jay Goodman | |||
| Spouse of officer | $196,790 | Employment | 0 |
| Betty Neal Crutcher | |||
| Spouse of officer | $64,428 | Employment | 0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule L, Part I, Line 1 | FormAndLineReferenceDesc |
| Explanation | All employees, including employees who may meet the definition of an interested person, are hired through procedures administered by the college's Human Resources Department under applicable college policies. All such employees are provided the same benefits, and are subject to the same policies and procedures, as other college employees. All business transactions, including those with individuals or companies that may meet the definition of an interested party, are made within the normal course of business and are conducted at arm's length. Purchasing decisions are not made by these individuals. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 105 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,075,913 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | fair market value | MethodOfDeterminingRevenuesTxt |
Real Estate Residential RealEstateResidentialGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $318,750 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | fair market value | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule M, Part I, Line 9 | The college is disclosing the number of contributions of publicly traded securities. These contributions may be comprised of one or more securities. |
| Schedule M, Part I, Line 15 | The college is disclosing the contribution of a house located in Florida. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part V, Line 2a | The total number of employees includes faculty and staff of 667 and student employees of 1,135. |
| Form 990, Part VI, Section B, Line 11b | The college's Form 990 is prepared by the Finance Office of the college and reviewed by the Vice President for Finance and Administration. In addition, the Form 990 is reviewed and signed by an independent accounting firm. The first draft is reviewed by the Audit Committee of the Board of Trustees and any changes are incorporated into the final draft. The final draft is distributed to the full Board of Trustees via their secure website for final review prior to submission to the IRS. The draft provided to the Audit Committee of the Board of Trustees and to the full Board agrees to what was filed with the IRS with the exception of Schedule B, which was omitted. |
| Form 990, Part VI, Section B, Line 12c | All trustees and officers of the college are covered in the Wheaton College Conflict of Interest Policy for Trustees and Officers. The policy and conflict of interest disclosure statement is sent to all officers and trustees on an annual basis. The completed forms are reviewed by the Chair of the Board of Trustees, the Vice President for Finance and Administration and the President, who determine if an actual or potential conflict exists. Officers and trustees recuse themselves from discussion and voting on any matters where a conflict exists. |
| Form 990, Part VI, Section B, Line 15 | The Wheaton College Executive Committee, an independent board, establishes compensation to ensure that the Internal Revenue Code provision of "rebuttable presumption of reasonableness" is met and "intermediate sanctions" are not incurred. The Executive Committee obtains and relies upon appropriate data regarding comparability of the compensation package prior to making its determination. Appropriate data includes compensation levels paid by similarly situated organizations, independent compensation surveys by nationally recognized independent firms, and written offers from similar institutions competing for the services of the individual. The Executive Committee documents the basis for its determinations including: the terms of the approved transaction and date approved; the members of the committee who were present during the discussions; and the data obtained and relied upon. |
| Form 990, Part VI, Section C, Line 19 | The employee conflict of interest policy is contained in the Staff Handbook, which is posted to the college's Human Resources website and available to the public. The college's audited financial statements are posted to the college's Finance website, which is available to the public. In addition, the Form 990 and the audited financials are available via the Massachusetts Attorney General's website. The governing documents and trustee conflicts of interest policy are available to the public upon request. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|
| Pooled Income Fund | ||||||||
| 35 East Main Street | Norton | MA | 02766 | Pooled Income Fund | MA | N/A | T | Yes (1) |
| Perpetual Trust | ||||||||
| 35 East Main St | Norton | MA | 02766 | Perpetual Trust | MA | N/A | T | Yes (1) |
| Charitable Remainder Unitrust | ||||||||
| 35 East Main St | Norton | MA | 02766 | Charitable Remainder Trust | MA | N/A | T | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Perpetual Trust | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | a-i | TransactionTypeTxt |
| Involved | $0 | InvolvedAmt |
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