OLIVET UNIVERSITY: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization: OLIVET UNIVERSITY (EIN 20-0909475)
Tax period: 2013-07-01 to 2014-06-30
Filed: 2015-05-11
IRS object ID: 201531319349303608
Schema version: 2013v4.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2015-05-11T16:06:51-07:00	ReturnTs
Tax Period End	2014-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	MC Accountancy	BusinessNameLine1

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1415 Rollins Rd Ste 204	AddressLine1
City	Burlingame	City
State	CA	State
ZIP Code	94010	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2013-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	200909475	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	OLIVET UNIVERSITY	BusinessNameLine1

Field	Value	IRS element (for citing)
Business Name Control	OLIV	BusinessNameControlTxt
Phone	4153710002	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	36401 TRIPP FLATS ROAD	AddressLine1
City	ANZA	City
State	CA	State
ZIP Code	92539	ZIPCode

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ANDREW T LIN	PersonNm
Person Title	Chairman	PersonTitleTxt
Signature	2015-05-11	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	YU MING CHEN CPA	PreparerPersonNm
PTIN	P01621874	PTIN
Phone	6506459185	PhoneNum
Self Employed	Yes (X)	SelfEmployedInd

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)
Address Change	Yes (X)	AddressChangeInd
Principal Officer	TRACY DAVIS	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	36401 TRIPP FLATS ROAD	AddressLine1
City	ANZA	City
State	CA	State
ZIP Code	92539	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	$18,044,701	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
All Affiliates Included	false	AllAffiliatesIncludedInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	OLIVETUNIVERSITY.EDU	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2004	FormationYr
Legal Domicile State	CA	LegalDomicileStateCd
Activity Or Mission	PROVIDING QUALITY CHRISTIAN EDUCATION TO THE NETWORK GENERATION	ActivityOrMissionDesc
Voting Members Governing Body	8	VotingMembersGoverningBodyCnt
Voting Members Independent	0	VotingMembersIndependentCnt
Total Employee	58	TotalEmployeeCnt
Total Volunteers	68	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
PY Contributions Grants	$6,945,894	PYContributionsGrantsAmt
CY Contributions Grants	$8,127,698	CYContributionsGrantsAmt
PY Program Service Revenue	$4,791,906	PYProgramServiceRevenueAmt
CY Program Service Revenue	$4,383,003	CYProgramServiceRevenueAmt
PY Investment Income	$2,000	PYInvestmentIncomeAmt
CY Investment Income	$2,000	CYInvestmentIncomeAmt
CY Other Revenue	$5,532,000	CYOtherRevenueAmt
PY Total Revenue	$11,739,800	PYTotalRevenueAmt
CY Total Revenue	$18,044,701	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$928,138	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$1,306,907	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$4,584,030	PYOtherExpensesAmt
CY Other Expenses	$8,315,835	CYOtherExpensesAmt
PY Total Expenses	$5,512,168	PYTotalExpensesAmt
CY Total Expenses	$9,622,742	CYTotalExpensesAmt
PY Revenues Less Expenses	$6,227,632	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$8,421,959	CYRevenuesLessExpensesAmt
Total Assets BOY	$8,571,929	TotalAssetsBOYAmt
Total Assets EOY	$23,403,935	TotalAssetsEOYAmt
Total Liabilities BOY	$2,085,956	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$8,496,003	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$6,485,973	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$14,907,932	NetAssetsOrFundBalancesEOYAmt
Mission	PROVIDING QUALITY CHRISTIAN EDUCATION TO THE NETWORK GENERATION	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$1,610,496	ExpenseAmt
Desc	PROVIDED EDUCATION ON VARIOUS CHRISTIAN SUBJECTS TO STUDENTS.IN THE 2013-2014 FINANCIAL YEAR, OLIVET UNIVERSITY CONTINUED TO EDUCATE STUDENTS, STRENGTHEN ITS MINISTRY PRACTICE PROGRAM, IMPROVE ITS RESEARCH AND DEVELOPMENT, DEVELOP ITS ELECTRONIC RESOURCES HOLDINGS, INCREASE ENROLLMENT, AND EXPAND ITS COURSE OFFERINGS.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$909,706	ExpenseAmt
Desc	PROVIDED ACADEMIC SUPPORT SERVICES - INCLUDING LIBRARY DEVELOPMENT, PROFESSIONAL ACADEMIC DEVELOPMENT AND ACADEMIC COMPUTING SUPPORT	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$906,914	ExpenseAmt
Desc	PROVIDED STUDENT SUPPORT SERVICES - INCLUDING ADMISSIONS, SOCIAL AND CULTURE DEVELOPMENT, COUNSELING AND CAREER GUIDANCE AND FINANCIAL AID ASSISTANCE.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$3,427,116	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Temp Or Permanent Endowments	false	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	Yes (true)	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	false	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Invest Tax Exempt Bonds	false	InvestTaxExemptBondsInd
Escrow Account	false	EscrowAccountInd
On Behalf Of Issuer	false	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	false	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	false	TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	false	ScheduleORequiredInd
IRP Document	0	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	false	BackupWthldComplianceInd
Employee	58	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Form990 T Filed	false	Form990TFiledInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Form8282 Filed	0	Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind	false	Form8899Filedind
Form1098 C Filed	false	Form1098CFiledInd
Excess Business Holdings	false	ExcessBusinessHoldingsInd
Taxable Distributions	false	TaxableDistributionsInd
Distribution To Donor	false	DistributionToDonorInd
Org Filed In Lieu Of Form1041	false	OrgFiledInLieuOfForm1041Ind
Licensed More Than One State	false	LicensedMoreThanOneStateInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	8	GoverningBodyVotingMembersCnt
Independent Voting Member	0	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	false	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	BARNABAS JUNG	PersonNm
Phone	4153710002	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	36401 TRIPP FLATS ROAD	AddressLine1
City	ANZA	City
State	CA	State
ZIP Code	92539	ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (9 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
ANDREW T LIN
Chairman	2.00	0.00	Yes (X)	$0	$0	$0
MICHAEL MOON
Treasurer	1.00	0.00	Yes (X)	$0	$0	$0
WINNIE WONG
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
WILL ANDERSON
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
CHRISTOPHER CHOU
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
ANTHONY CHIU
Secretary	1.00	0.00	Yes (X)	$0	$0	$0
SIMON KIM
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
TRACY DAVIS
President	40.00	0.00	Yes (X)	$64,800	$0	$0	Yes (X)
GINTURN TRAN
Vice President	40.00	0.00		$34,000	$0	$0	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$98,800	TotalReportableCompFromOrgAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$8,127,698	AllOtherContributionsAmt
Total Contributions	$8,127,698	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	TUITION AND FEES	Desc
Total Revenue Column	$4,383,003	TotalRevenueColumnAmt
Related Or Exempt Func Income	$4,383,003	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$4,383,003	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,000	TotalRevenueColumnAmt
Exclusion	$2,000	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$5,532,000	TotalRevenueColumnAmt
Exclusion	$5,532,000	ExclusionAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$0	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$18,044,701	TotalRevenueColumnAmt
Related Or Exempt Func Income	$4,383,003	RelatedOrExemptFuncIncomeAmt
Exclusion	$5,534,000	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$98,800	TotalAmt
Management And General	$98,800	ManagementAndGeneralAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$1,117,257	TotalAmt
Program Services	$886,026	ProgramServicesAmt
Management And General	$231,231	ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$10,773	TotalAmt
Program Services	$10,773	ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$80,077	TotalAmt
Management And General	$80,077	ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$183,934	TotalAmt
Management And General	$183,934	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$19,087	TotalAmt
Management And General	$19,087	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$235,599	TotalAmt
Program Services	$235,599	ProgramServicesAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$91,032	TotalAmt
Program Services	$91,032	ProgramServicesAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$1,113,810	TotalAmt
Management And General	$1,113,810	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$211,250	TotalAmt
Program Services	$139,680	ProgramServicesAmt
Management And General	$71,570	ManagementAndGeneralAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$10,391	TotalAmt
Program Services	$510	ProgramServicesAmt
Management And General	$9,881	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$108,869	TotalAmt
Management And General	$108,869	ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$329,299	TotalAmt
Management And General	$329,299	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$106,261	TotalAmt
Management And General	$106,261	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
SUPPLIES	$1,333,707	$257,414	$1,076,293
FACILITY REPAIR	$1,141,651		$1,141,651
SERVICE FEES	$976,437		$976,437
ACADEMIC COMPUTING SUPPORT	$426,549	$426,549

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,027,959	TotalAmt
Program Services	$1,379,533	ProgramServicesAmt
Management And General	$648,426	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$9,622,742	TotalAmt
Program Services	$3,427,116	ProgramServicesAmt
Management And General	$6,195,626	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$2,256,799	BOYAmt
EOY	$728,076	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$2,232,726	BOYAmt
EOY	$1,384,450	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$411,238	BOYAmt
EOY	$1,530,835	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$2,000	BOYAmt
EOY	$0	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$7,591	BOYAmt
EOY	$8,578	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$20,289,586	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$1,256,193	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$2,452,008	BOYAmt
EOY	$19,033,393	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$1,209,567	BOYAmt
EOY	$718,603	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$8,571,929	BOYAmt
EOY	$23,403,935	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$69,185	BOYAmt
EOY	$987,856	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$1,039,256	BOYAmt
EOY	$1,573,911	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$977,515	BOYAmt
EOY	$5,934,236	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$2,085,956	BOYAmt
EOY	$8,496,003	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,883,155	BOYAmt
EOY	$14,167,932	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$3,602,818	BOYAmt
EOY	$740,000	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$6,485,973	BOYAmt
EOY	$14,907,932	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$8,571,929	BOYAmt
EOY	$23,403,935	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$8,421,959	ReconcilationRevenueExpnssAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$7,026,684	OtherCostOrOtherBasisAmt
Book Value	$7,026,684	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$5,568,551	OtherCostOrOtherBasisAmt
Depreciation	$132,215	DepreciationAmt
Book Value	$5,436,336	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$6,894,351	OtherCostOrOtherBasisAmt
Depreciation	$578,172	DepreciationAmt
Book Value	$6,316,179	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$800,000	OtherCostOrOtherBasisAmt
Depreciation	$545,806	DepreciationAmt
Book Value	$254,194	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$19,033,393	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDesc	AmtAmt
ACCRUED EXPENSES	$491,676
ACCRUED INTEREST	$23,371
CAPITAL LEASE	$5,125,401
LINE OF CREDIT	$260,128
UNEARNED REVENUE	$33,660

Field	Value	IRS element (for citing)
Total Liability	$5,934,236	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$21,181,081	TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts	$3,136,380	DonatedServicesAndUseFcltsAmt
Revenue Not Reported	$3,136,380	RevenueNotReportedAmt
Revenue Subtotal	$18,044,701	RevenueSubtotalAmt
Total Revenue Per Form990	$18,044,701	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$12,759,122	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$3,136,380	DonatedServicesUseFcltsAmt
Expenses Not Reported	$3,136,380	ExpensesNotReportedAmt
Expenses Subtotal	$9,622,742	ExpensesSubtotalAmt
Total Expenses Per Form990	$9,622,742	TotalExpensesPerForm990Amt

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (true)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (true)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (true)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (true)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (true)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (true)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (true)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	false	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	false	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	false	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	false	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	false	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	false	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	false	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	false	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	false	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (true)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc
Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
Schedule E, Line 5 - Explanation of Organization Discrimination by Race

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
IBT MEDIA INC
FMR TRUSTEE	$1,260,000	LICENSING AGREEMENT	false
THE CHRISTIAN POST
TRUSTEE	$900,000	LICENSING AGREEMENT	false

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (34 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Line 11b: Form 990 Review Process	No review was or will be conducted.
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available	No documents available to the public.
Form 990, Part IX, Line 24e: Other Expenses	AUTO EXPENSES: Column (A) - Total = $15970; Column (B) - Program Services = $0; Column (C) - Management & General = $15970; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	BAD DEBTS ALLOWANCE: Column (A) - Total = $385529; Column (B) - Program Services = $385529; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	BANK CHARGES: Column (A) - Total = $21949; Column (B) - Program Services = $0; Column (C) - Management & General = $21949; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	DOMAIN RELATED SERVICES: Column (A) - Total = $337; Column (B) - Program Services = $0; Column (C) - Management & General = $337; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	DONATION: Column (A) - Total = $97784; Column (B) - Program Services = $97784; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	EDUCATION OPPORTUNITY: Column (A) - Total = $409556; Column (B) - Program Services = $409556; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	EQUIP RENTAL: Column (A) - Total = $52025; Column (B) - Program Services = $0; Column (C) - Management & General = $52025; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	GAS EXPENSES: Column (A) - Total = $7272; Column (B) - Program Services = $0; Column (C) - Management & General = $7272; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	GENERAL ADMINISTRATION: Column (A) - Total = $9787; Column (B) - Program Services = $0; Column (C) - Management & General = $9787; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	INSTITUTIONAL SUPPORT - OTHER: Column (A) - Total = $1542; Column (B) - Program Services = $0; Column (C) - Management & General = $1542; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	INTERCOLLEGIATE ATHLETICS: Column (A) - Total = $964; Column (B) - Program Services = $964; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	INTERNET SERVICE FEES: Column (A) - Total = $142074; Column (B) - Program Services = $0; Column (C) - Management & General = $142074; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	JANITORIAL SERVICES: Column (A) - Total = $17039; Column (B) - Program Services = $0; Column (C) - Management & General = $17039; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	MEAL & ENTERTAINMENT: Column (A) - Total = $46656; Column (B) - Program Services = $46656; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	MEMBERSHIP AND DUES: Column (A) - Total = $42920; Column (B) - Program Services = $42920; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	MISCELLANEOUS : Column (A) - Total = $71153; Column (B) - Program Services = $0; Column (C) - Management & General = $71153; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	OTHER GENERAL AND ADMIN: Column (A) - Total = $12277; Column (B) - Program Services = $0; Column (C) - Management & General = $12277; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	PARKING: Column (A) - Total = $2435; Column (B) - Program Services = $0; Column (C) - Management & General = $2435; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	Postage and Shipping: Column (A) - Total = $10651; Column (B) - Program Services = $0; Column (C) - Management & General = $10651; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	Printing and Publications: Column (A) - Total = $1301; Column (B) - Program Services = $0; Column (C) - Management & General = $1301; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	PROFESSIONAL DEVELOPMENT: Column (A) - Total = $2156; Column (B) - Program Services = $2156; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	PROPERTY TAX: Column (A) - Total = $78088; Column (B) - Program Services = $0; Column (C) - Management & General = $78088; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	PUBLIC RELATIONS/DEVELOPMENT: Column (A) - Total = $165506; Column (B) - Program Services = $165506; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	SOCIAL AND CULTURE DEVELOPMENT: Column (A) - Total = $98319; Column (B) - Program Services = $98319; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	STUDENT ADMISSIONS: Column (A) - Total = $95905; Column (B) - Program Services = $95905; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	STUDENT SERVICES ADMIN: Column (A) - Total = $278; Column (B) - Program Services = $278; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	SUBSCRIPTIONS : Column (A) - Total = $32041; Column (B) - Program Services = $32041; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	TAXES AND LICENSES: Column (A) - Total = $72016; Column (B) - Program Services = $0; Column (C) - Management & General = $72016; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	TELEPHONE: Column (A) - Total = $12602; Column (B) - Program Services = $0; Column (C) - Management & General = $12602; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	TRANSPORTATION SERVICES: Column (A) - Total = $1919; Column (B) - Program Services = $1919; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	UTILITIES: Column (A) - Total = $119908; Column (B) - Program Services = $0; Column (C) - Management & General = $119908; Column (D) - Fundraising = $0
OLIVET MANAGEMENT LLC	OLIVET UNIVERSITY IS THE SOLE MEMBER OF OLIVET MANAGEMENT LLC (EIN 46-3068978). THE LLC WAS FORMED AT JUNE 5TH 2013 AT STATE OF DELAWARE. THE FINANCIAL STATEMENT OF OLIVET MANAGEMENT LLC HAS BEEN CONSOLIDATED WITH OLIVET UNIVERSITY AND REFLECTED IN FORM 990.