2015-01-13T06:14:50-08:00 2014-05-31 Davis Kinard & Co PC 400 Pine St Ste 600 Abilene TX 79601 990 2013-06-01 750851900 Abilene Christian University ABIL 3256742000 ACU Box 29120 Abilene TX 79699 Steven Holley CFO 2015-01-08 true Joe Melson CPA P00158111 3256724000 2013 2016-02-25 16:41:14Z 280037073 false false X www.acu.edu X 1906 TX ACU is a national leader in Christian higher education, and the mission is to educate students for Christian service and leadership throughout the world. ACU is a vibrant, innovative, Christ-centered community that engages students in authentic spiritual and intellectual growth, equipping them to make a real difference in the world. 31 29 2696 874851 -73974 33491147 60858196 115223906 127672504 16677030 23354358 8678702 11913458 174070785 223798516 39869483 48026759 0 62509725 61843334 277185 20637 2895196 46037034 53649277 148693427 163540007 25377358 60258509 501950692 579651882 120004201 122443109 381946491 457208773 ACU is a national leader in Christian higher education, and the mission is to educate students for Christian service and leadership throughout the world. ACU is a vibrant, innovative, Christ-centered community that engages students in authentic spiritual and intellectual growth, equipping them to make a real difference in the world. false false 102230653 48026759 107879267 Abilene Christian University is a higher education institution which serves approximately 4,300 graduate and undergraduate students. In addition to educating the students, the university offers on-campus and off-campus housing, on-campus food service, athletic programs and assistance with student aid. ACU also operates programs to foster relationships with alumni of the University. 16629015 17367957 Auxiliary Enterprises integrate living, learning, and faith, whereby students learn to live lives of Christian service and leadership throughout the world. It combines what students learn in the classroom with practical application that will prepare them for real-world experiences. 3380848 3531082 Education services includes academic counseling and testing services, health services, and study abroad activities that are all designed to enhance a student's learning experience and the overall quality of a student's education. 122240516 true true true true false true false false true true true true false true true true false true true true true false false true false false false true true true true false false false false false false true false true false true false false false true true false false false false true 542 0 true 2696 true true true UK false false false true true false 0 false false false false false false false false false false X 31 29 true false true false false false false true true false false true true true true true true true true true true X X Steven Holley 3256742539 ACU Box 29120 Abilene TX 79699 Abelardo Alvarez Jr Trustee 1.00 0.00 X 0 0 0 April Anthony Trustee 1.00 0.00 X 0 0 0 Tod Brown Trustee 1.00 0.00 X 0 0 0 Lance Barrow Trustee 1.00 0.00 X 0 0 0 Cynthia Brown Trustee 1.00 0.00 X 0 0 0 Ralph Draper Trustee 1.00 0.00 X 0 0 0 Jack Griggs Trustee 1.00 0.00 X 0 0 0 Belinda Harmon Trustee 1.00 0.00 X 0 0 0 Billy Curl Trustee 1.00 0.00 X 0 0 0 Sharron Drury Trustee 1.00 0.00 X X 0 0 0 Kyle Hammond Trustee 1.00 0.00 X 0 0 0 Carole Phillips Trustee 1.00 0.00 X 0 0 0 James Porter Trustee 1.00 0.00 X 0 0 0 Heriberto Guerra Jr Trustee 1.00 0.00 X 0 0 0 Jeffrey Knight Trustee 1.00 0.00 X 0 0 0 Mark Duncum Trustee 1.00 0.00 X 0 0 0 Steven Mack Trustee 1.00 0.00 X X 0 0 0 Wayne Massey Trustee 0.00 0.00 X 0 0 0 James Orr Trustee 1.00 0.00 X X 0 0 0 Barry Packer Trustee 1.00 0.00 X X 0 0 0 John Petty II Trustee 1.00 0.00 X X 0 0 0 Eddie Sharp Jr Trustee 1.00 0.00 X 0 0 0 Gary Skidmore Trustee 1.00 0.00 X 0 0 0 Steven Smith Trustee 1.00 0.00 X 0 0 0 Charles Onstead Trustee 1.00 0.00 X 0 0 0 David Flow Trustee 1.00 0.00 X 0 0 0 Alan Rich Trustee 1.00 0.00 X 0 0 0 Rick Wessel Trustee 1.00 0.00 X 0 0 0 Rick Atchley Trustee 1.00 0.00 X 0 0 0 Bill Minick Trustee 1.00 0.00 X 0 0 0 Marelyn Shedd Trustee 1.00 0.00 X 0 0 0 Suzanne Allmon Snr Advsr -Pres 40.00 0.00 X 101894 0 19527 Allison Garrett Executive VP 40.00 0.00 X 194123 0 30942 Robert Rhodes Provost 40.00 0.00 X 181813 0 30810 Kevin Roberts VP Plng and Ops 40.00 0.00 X 123913 0 24873 Jared Mosley Director, Athle 40.00 0.00 X 120513 0 27471 Royce Money Chancellor 40.00 0.00 X 133857 0 80874 Gary McCaleb VP University 40.00 0.00 X 148292 0 24323 Philip Schubert President 40.00 0.00 X 257105 0 109573 Slade Sullivan General Counsel 40.00 0.00 X 155691 0 27761 Steven Holley CFO 40.00 0.00 X 106031 0 12975 Jack Rich President - ACIMCO 0.00 40.00 X 0 342511 36978 Richard Lytle Dean-COBA 40.00 0.00 X 146407 0 29605 Phil Boone VP - Advancement 40.00 0.00 X 149412 0 26368 John Weaver Dean - Library 40.00 0.00 X 149776 0 27458 Dan Garrett ACU Foundation Pre 40.00 0.00 X 139543 0 20774 Kent Rideout Director, Invst Sv 40.00 0.00 X 0 164814 23830 Kelly Young Former CFO 0.00 40.00 X 0 122010 50808 BILLIE CURREY FORMER VICE PRESIDENT 40.00 0.00 X 97828 0 17015 GREG STRAUGHN FORMER PROVOST 0.00 0.00 X 129158 0 10068 2335356 629335 632033 15 true true false WFF Facility Services ACU Box 28251 Abilene TX 796998251 Housekeeping 1560595 Aramark Corporation 1101 Market St Philadelphia PA 19107 Food Services 5729790 Burns & McDonnell Engineering 9400 Ward Parkway Kansas City MO 64114 Engineering Services 2846662 Embanet ULC 105 Gordon Baker Road Ontario CA M2H 3P8 Educational Services 2455526 Bontke Brothers Contruction PO BOX 2896 Abilene TX 79604 Construction 878718 25 1554095 5468580 53835521 14255122 60858196 Tuition and Fees 611710 106773465 106773465 Auxiliary Enterprises 611710 17367957 17367957 Education Services 611710 3531082 3530962 120 127672504 9176963 37121 9139842 0 8224809 8224809 771904 771904 771904 107020 664884 66262513 52085118 14177395 14177395 9923 14167472 0 0 5964382 4153439 1810943 720667 1090276 Other Income 611710 1105802 1105802 1105802 223798516 128778186 874851 33287283 294553 294553 47732206 47732206 0 0 2030557 467028 1096501 467028 0 45766032 34782184 9610867 1372981 2845900 2076788 651246 117866 7999586 5981835 1765532 252219 3201259 2350628 723526 127105 0 23745 14152 9593 98214 98214 0 20637 20637 1238421 1238421 3020115 2371391 510250 138474 843590 633123 196788 13679 5241632 3582430 1511158 148044 4480544 2469664 1989545 21335 237122 237122 6007696 2091878 3909632 6186 5125228 4481578 551176 92474 0 569927 430963 130171 8793 3124744 3124744 0 7379543 7379543 993945 403861 590084 Repairs, Maintenance & Equip 6207387 4029308 2163202 14877 Dining Service Contract 5709001 5664001 45000 Bad Debt Expense 820297 820297 Sales Tax 575332 566823 8123 386 1952794 1579000 280682 93112 163540007 122240516 38404295 2895196 441511 560241 2795432 20580204 19547460 35630475 3807287 7640915 0 0 125835 96187 1803244 1764292 4367013 3424433 254335952 96001122 157946717 158334830 95281774 66692548 167332540 238652152 0 0 48501879 46275605 501950692 579651882 12915683 13148339 52417081 78245115 6979632 2846597 47691805 28203058 120004201 122443109 X 196539323 211967123 116304003 167476612 69103165 77765038 381946491 457208773 501950692 579651882 60258509 15003773 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false true false false false false true 1381 false false 1381 false false Part II-B, Line 1i - Other Activities Description Employees, on behalf of ACU, met with city officials on various occasions to discuss and encourage creation of a tax increment reinvestment zone that includes ACU's land. 10 271230 166000 1671990 true true true false 330702573 10557358 47458255 5936687 11146454 1208747 370426298 307124826 9345316 30141501 5466945 9293720 1148405 330702573 302232657 14233696 5579933 5363578 8465924 1091958 307124826 266135139 3312106 46749771 5173789 7836029 954541 302232657 2639608 37861920 5100966 7957914 840367 266135139 266135139 0.42790 0.25530 0.31680 false true true 4140129 4140129 196480211 81441591 115038620 21949756 14516819 7432937 15688916 16076940 42712 31723144 158334830 4409671 F 238652152 Assets held by External Trustees 3575243 Other investments 1189648 46275605 Deposits and Other Liabilities 7579912 Reserve for Split Int Agreements 20623146 28203058 X 197579814 15003773 -41222475 -26218702 223798516 223798516 120144361 7052390 7052390 113091971 50448036 50448036 163540007 Part V, Line 4: Intended uses of the endowment fund. The endowment funds of the University are held to support the general operations of the University and to provide scholarships to students of the University. Part X : FIN48 Footnote The University is a tax-exempt institution as an organization described in section 501(c)(3) of the Internal Revenue Code of 1986, as amended ("IRC") and is not a "private foundation" under Section 501(a) of the IRC; accordingly, no provision for income taxes has been made in the consolidated financial statements. The SCRMP and ACIMCO have also been accorded recognition as exempt from income tax under Section 501(a) of the IRC, as organizations described in Section 501(c)(3) and 509(a)(3) of the IRC.For the years ended May 31, 2014 and 2013, the University incurred unrelated business activity related to certain retail sales, advertising, rental income, oil and gas working interest, and certain alternative investments, resulting in an immaterial amount if unrelated business income. Tax positions taken related to the University's tax-exempt status, unrelated business income activities, deductibility of expenses for unrelated business activities, and other miscellaneous tax positions have been reviewed, and management believes that material positions taken by the University will more likely than not be sustained by examination. Accordingly, the University has not recorded a liability for uncertain tax positions. As of May 31, 2014, the University's tax years 2008 to 2014 remain subject to examination. Part XII, Line 2d: Other expenses and losses per audited F/S Woodward Expenses $1508974 ACIMCO Expenses $1389977 Reclass Cost of Good Sold $4153439 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Reclass Scholarship Expense $47693141 Reclass Gifts from Related Organizations $1516474 Reclass Endowment Fees - ACIMCO $1238421 true true true true true true true false false false false false false false false true false true Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency Abilene Christian University receives various research grants from the state of Texas and other governmental entities. In addition, ACU receives scholarship grants from federal agencies and the state of Texas to assist students with their costs of education. ACU participates in the direct loan program which provides students federal subsidized loans to assist with their educational costs. Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized ACU publishes its nondiscriminatory policy on our public web site, in the university catalog and on the application for admission. Schedule E, Line 4 - Explanation of Records and Materials Not Maintained Schedule E, Line 5 - Explanation of Organization Discrimination by Race Europe 1 1 Program Services Higher Education 910606 South America 1 2 Program Services Higher Education 255829 2 3 2 3 1166435 1166435 true false false true true false X X X true PURSUANT GROUP PO BOX 203421 DALLAS TX 75320 FUNDRAISING false 41075 218048 RuffaloCody LLC 1025 KIRKWOOD CEDARRAPID IA 52404 Fundraising false 158493 192075 199568 410123 AK AZ CO MA NH OR WA AL AR CA CT FL GA HI IL KS KY LA MD ME MI MN MO MS NJ NM NY NC ND OH OK PA RI SC TN UT VA WV WI STM01 Abilene Christian University paid RuffaloCody, LLC and Pursuant Group, Inc. $20,637 and $7,968 respectively for fundraising expenses relating to printing, envelopes, postage, etc. Professional services are charged based on an agreed upon fixed monthly amount. Any expenses are itemized and billed monthly. true Arms of Hope 21300 Hwy 16 North Medina TX 78055 510416193 501(c)(3) 20000 0 General Support Southern Hills Church of Chri 3364 Buffalo Gap Road Abilene TX 79605 751178335 501(c)(3) 15034 0 General Support Wayne Reed CCC 11B Lindsley Ave Nashville TN 37210 621625142 501(c)(3) 10000 0 General Support Abilene Christian Schools 2550 N Judge Ely Boulevard Abilene TX 79601 911806433 501(c)(3) 17797 0 General Support Preston Road Church of Christ 6409 Preston Rd Dallas TX 75205 750945932 501(c)(3) 20000 0 General Support Next Right Step 5543 Edmondson Nashville TN 37211 205666103 501(c)(3) 10000 0 General Support Pepperdine University 24255 Pacific Coast Hwy Malibu CA 90263 951644037 501(c)(3) 25000 0 General Support University Church of Christ ACU Box 29120 Abilene TX 79699 752137523 501(c)(3) 54354 0 General Support Global Samaritan Resourses PO Box 3431 Abilene TX 79604 830459639 501(c)(3) 18137 0 General Support Highland Church of Christ 425 Highland Ave Abilene TX 79605 750808793 501(c)(3) 15052 0 General Support 10 0 Scholarships - Higher Education 3862 47732206 Grantmaker's Description of How Grants are Used For all scholarship funds, student financial services has established specific criteria in regards to eligibility and selection. The eligibility requirements of the students are documented and monitored for compliance. The actual scholarships are credited to the student's tuition bills. No scholarships or grants are awarded directly to the recipients. X X X true true X X X X false false false false false false false false false false Kelly Young Former CFO 120870 1140 10198 40610 172818 BILLIE CURREY FORMER VICE PRESIDENT 96598 1230 17015 114843 GREG STRAUGHN FORMER PROVOST 129158 10068 139226 Richard Lytle Dean-COBA 142997 2240 1170 12032 17573 176012 Phil Boone VP - Advancement 116506 25000 7906 10328 16040 175780 John Weaver Dean - Library 142636 7140 11624 15834 177234 Dan Garrett ACU Foundation Pre 129403 9000 1140 10375 10399 160317 Kent Rideout Director, Invst Sv 113646 50028 1140 9428 14402 188644 Allison Garrett Executive VP 185246 650 8227 15253 15689 225065 Robert Rhodes Provost 180673 1140 14907 15903 212623 Royce Money Chancellor 100623 19370 13864 4256 76618 214731 Gary McCaleb VP University 137652 9500 1140 10875 13448 172615 Philip Schubert President 185130 70760 1215 15380 94193 366678 Slade Sullivan General Counsel 153520 600 1571 12674 15087 183452 Jack Rich President - ACIMCO 261738 78246 2527 20889 16089 379489 Part I, Line 1a: Relevant information in regards to selections on 1a. Charter travel was paid for on behalf of the presidents office. The expense was not included as taxable compensation because the travel was for a bona fide business purpose.Ministerial housing allowance is offered to qualified faculty and administrators of the University. Three listed persons received this benefit. The housing allowance is not included as taxable compensation to the employee.Country club dues were paid on behalf of athletic staff. One listed per received this benefit. The dues were reported as taxable compensation.Abilene Christian Schools tuition above normal discount was paid on behalf of one listed person. The discounted tuition was reported as taxable compensation. A Stamford Higher Education Facilities Corporation 752780581 2003-09-17 9463000 Capital Improvements false false false B Stamford Higher Education Facilities Corporation 752780581 2005-06-01 6700000 Residence Hall false false false C Stamford Higher Education Facilities Corporation 752780581 2005-12-01 2030000 Capital Improvements false false false D Stamford Higher Education Facilities 752780581 2006-01-31 7380590 Renovation and Refunding false false false A 9463000 65500 9397500 false false true true B 6700000 45529 6654471 false false true true C 2030000 2030000 false false true true D 7380590 45000 67994 970000 6297596 true false true true A false false false false true false false B false false true true false 0.00519 0.00519 true false false C false false false false true false false D false false false false true false false A false true true Bank of America 18.5000 true false false false false B false true true Bank of America 21.0000 true false false false false C false true false false false false D false true true Bank of America 19.6000 true false false false false A false B false C false D false Part VI STAMFORD HIGHER EDUCATION - ISSUED ON 6/8/2010 - $16,000,000 - $1,921,835 of the $16,000,000 SRWC Construction and Renovation bond issuance was funded by gifts, so bond proceeds were never drawn down from the issuer.AMES HIGHER EDUCATION CORPORATION - ISSUED ON 7/3/13 - $12,410,000 - $5,600,000 IS TO BE USED FOR VARIOUS CAMPUS IMPROVEMENTS. $6,734,706 WAS USED TO REFUND THE SERIES 1998 BONDS. A Stamford Higher Education Facilities Corporation 752780581 2006-11-09 2619410 Renovation of Residence Hall false false false B Simonton Education Facilities Corporation 202183615 2008-06-30 10000000 Construction Hunter Welcome Center false false false C Stamford Higher Education Facilities 752780581 2009-12-18 6500000 Loop Line Replacement false false false D Stamford Higher Education 752780581 2010-06-08 16000000 SRWC Construction, Renovation false false false A 2619410 45449 2573961 false false true true B 10000000 50358 9949642 false false true true C 6500000 130000 6370000 false false true true D 14078165 320000 13758165 false false true true A false false false false true false false B false false true true false 0.00351 0.00351 true false false C false false false false true false false D false false false false 0.01640 0.01640 true false false A false true true Bank of America 20.0000 true false false false false B false true true Bank of America 20.5000 true false false false false C false true false false false false D false true false false false false A false B false C false D false A Ames Higher Education Cor 321155770 2013-07-03 12410000 SEE PART VI false false false A 12410000 75294 4223482 6734706 1376518 2014 false true false true A false false false false true false false A false true false false false false A false Merit Based Scholarships OFFICER/TRUSTEE REL. 115383 Tuition Discounts OFFICER/TRUSTEE REL. 21263 CARA LESS CRANFORD Fam Member 40487 Employee Comp. false PAUL VARNER Fam Member 54020 Employee Comp. false BRAD CRISP Fam Member 111695 Employee Comp. false MARCIA STRAUGHN Fam Member 57557 Employee Comp. false Danny Phillips Fam Member 372833 Joint Investment false CRAIG RIDEOUT Fam Member 48704 Employee Comp. false LEIGH HOLLEY Fam Member 13122 Employee Comp. false Schedule L, Part V Supplemental Information Part III, Additional Information:Merit based scholarships are awarded to relatives of trustees and officers in the same manner as other students and are based on academic achievements, leadership qualities, commitment to service, and potential for success at ACU.Tuition discount is awarded to employees of the University and their dependents based on the number of years employed. During the first year of employment, a 50% discount is awarded. The second year and thereafter, a 75% discount is awarded.Jack Griggs, ACU Trustee, serves on the board of Blue Cross Blue Shield of Texas. BCBS serves as ACU's health insurance provider. ACU is self funded, so claims paid by BCBS are reimbursed by ACU. ACU pays administrative fees for their services.Part IV, Additional Information:Cara Lee Cranford - Daughter of Gary McCaleb, OfficerPaul Varner - Husband of Jeanine Varner, Former OfficerBrad Crisp - Son-In Law of Royce Money, OfficerMarcia Straughn - Spouse of Greg Straughn, OfficerDANNY PHILLIPS - HUSBAND OF CAROLE PHILLIPS, TRUSTEECriag Rideout - Son of Kent Rideout, OfficerLeigh Holley - Wife of Steven Holley, Officer 1 8900 40 14016151 Market Value 1 89752 Turf Fertilizer 1 45000 Misc Supplies 8 4589 Gift Annuity 3 90730 false true false Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et Jack Rich, Alan Rich - Family RelationshipSteve Mack, Jack Griggs - Business Relationship Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents THE BOARD OF TRUSTEES REVISED THE BYLAWS OF THE UNIVERSITY DURING THE YEAR. Form 990, Part VI, Line 11b: Form 990 Review Process Form 990 is provided to the full board for review by posting the return on the internal password-protected board web site. The 990 is also reviewed in detail by the audit committee of the board of trustees before posting to board web site. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts All trustees and officers complete a conflict of interest questionnaire annually. The results of these questionnaires are reviewed by legal counsel and are reported to the audit committee. All other employees are given a conflict of interest questionnaire to complete annually. These are reviewed by the responsible Dean or Vice President to determine if a conflict exists. Depending on the potential conflict, conditions or restrictions are enforced to reduce or eliminate the conflict of interest. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management Comparability data is used to determine the compensation levels of the president. The compensation of the President is reviewed, approved and documented by the Compensation Committee of the board of trustees. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Comparability data is used to determine the compensation levels of the officers and key employees. The compensation of officers and key employees are determined by the President and reviewed annually by the compensation committee of the board of trustees. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The governing documents, policies and financial statements of Abilene Christian University are posted on our website and are available to the general public. We will also provide copies of the documents upon request. Schedule D, part XIV, Additional Information Total revenues and expenses per Abilene Christian University's consolidated audited financial statements include revenues and expenses from ACIMCO (26-3598377) and Grace L Woodward Memorial Endowment Trust (75-2700815). Each of these entities files their own tax return, and therefore, are not included in revenues and expenses of Abilene Christian University's form 990. SCHEDULE K - PART I - BOND ISSUES AMES HIGHER EDUCATION CORPORATION - 32-1155770 - ISSUED ON 7/3/13 - $5,600,000 IS TO USED FOR CAPITAL EXPENDITURES. $6,810,000 WAS USED TO REFUND THE SERIES 1998 BONDS. ACU Management LLC 1600 Campus Court Abilene TX 79699 571136730 General partner of ACU Foundation Limited TX 167630 N/A ACIMCO 214 Hunter Welcome Ct ACU Box 29125 Abilene TX 79699 263598377 Investment Management for ACU TX 501(c)3 11 TYPE I Abilene Christian University false Grace L Woodward Memorial Endowment Box 29125 ACU Station Abilene TX 79699 752700815 Support ACU TX 501(c)3 11 TYPE I Abilene Christian University false false false true false false false false false false false false false true true false false false false false ACIMCO c 50000 Cash Paid ACIMCO m 1238421 Cash Paid ACIMCO n 21207 Est - Sq Ftg Grace L Woodward Memorial Endowment c 1504095 Cash Paid