2015-12-18T14:21:31-08:00 2015-05-31 Davis Kinard & Co PC 400 Pine St Ste 600 Abilene TX 79601 990 2014-06-01 750851900 Abilene Christian University ABIL 3256742000 ACU Box 29120 Abilene TX 79699 Steven Holley CFO 2015-11-30 true Joe Melson CPA P00158111 3256724000 2014 2016-04-25 22:37:26Z 233207560 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 31 2781 866726 60858196 30002453 127672504 130601303 23354358 29576036 11913458 8770648 223798516 198950440 48026759 51903787 0 61843334 65909316 20637 347879 3316639 53649277 51733332 163540007 169894314 60258509 29056126 579651882 608829340 122443109 124402333 457208773 484427007 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 111752288 51903788 109969982 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. 17351222 17050225 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. 3865786 3796674 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. 132969296 true true false 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 570 0 true 2781 true true true true UK false false false true true false 0 false false false false false false false false false false X 31 31 true false false 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 Tod Brown Trustee 1.00 0.00 X 0 0 0 Lance Barrow 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 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 1.00 0.00 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 Jana Hanner Trustee 1.00 0.00 X 0 0 0 Elise Mitchell trustee 1.00 0.00 X 0 0 0 Randy Owen Trustee 1.00 0.00 X 0 0 0 Kay Skelton Trustee 1.00 0.00 X 0 0 0 Suzanne Allmon Snr Advsr -Pres 40.00 0.00 X 106079 0 19898 Allison Garrett Executive VP 40.00 0.00 X 207465 0 31560 Robert Rhodes Provost 40.00 0.00 X 208470 0 33102 Kevin Roberts VP Plng and Ops 40.00 0.00 X 128508 0 27007 James Orr Vice President 40.00 0.00 X 97751 0 21049 Royce Money Chancellor 40.00 0.00 X 131480 0 81806 Gary McCaleb VP University 40.00 0.00 X 155142 0 24522 Philip Schubert President 40.00 0.00 X 263420 0 106330 Slade Sullivan Executive Dir. 40.00 0.00 X 155899 0 31323 Steven Holley CFO 40.00 0.00 X 149973 0 29279 Lee DeLeon Director 40.00 0.00 X 7952 0 10649 Chris Riley Vice President 40.00 0.00 X 112161 0 25257 Kevin Campbell Executive Dir. 40.00 0.00 X 123592 0 35044 Jared Mosely ATH. DIRECTOR 40.00 0.00 X 105049 0 25941 Jack Rich President - ACIMCO 0.00 40.00 X 0 288839 40188 Kent Rideout Vice President - ACIMCO 0.00 40.00 X 0 160086 27537 John Weaver Dean - Library & Education Tech. 40.00 40.00 X 152566 0 32759 Richard Lytle Dean-COBA 40.00 0.00 X 149161 0 25752 Ken Collums Head FB Coach 40.00 0.00 X 128435 0 22697 Billie Currey VP for Developemen 40.00 0.00 X 115560 0 12964 Dan Garrett ACU Foundation Pre 40.00 0.00 X 137417 0 27032 Bruce Massey Minerals Manager 40.00 0.00 X 147107 0 20528 Kelly Young Former CFO 0.00 40.00 X 0 146583 31058 GREG STRAUGHN FORMER PROVOST 40.00 0.00 X 129593 0 32192 2912780 595508 775474 19 true true false WFF Facility Services ACU Box 28251 Abilene TX 796998251 Housekeeping 1560595 Aramark Corporation 1101 Market St Philadelphia PA 19107 Food Services 5672607 Hoar Construction LLC 1300 West Sam Houston Pkwy South Houston TX 77042 Construction 2431326 Embanet ULC 105 Gordon Baker Road Ontario CA M2H 3P8 Educational Services 2049098 Barr Roofing Company 3602 S Treadaway Blvd Abilene TX 79602 Construction 1532406 36 1609561 6114783 22278109 1978965 30002453 Tuition and Fees 611710 109754404 109754404 Auxiliary Enterprises 611710 17050225 17050225 Education Services 611710 3796674 3796674 130601303 4542420 37929 4504491 0 6002016 6002016 967888 386897 580991 580991 140841 440150 55056738 30023122 25033616 25033616 25033616 0 0 5819164 3847101 1972063 687956 1284107 Other Income 611710 215578 215578 215578 198950440 130816881 866726 37264380 176603 176603 51727184 51727184 0 0 2569615 431356 1597272 540987 0 46900213 38929320 6563809 1407084 2612856 2168670 365800 78386 10942500 9082275 1531950 328275 2884132 2393830 403778 86524 0 31563 11567 19996 152352 152352 0 347879 347879 1359470 1359470 3631930 2624957 878224 128749 684341 569466 114875 5446550 4184613 1117209 144728 3824554 2406789 1397930 19835 251900 251900 5443173 1968486 3468596 6091 6150378 5624766 392096 133516 0 525058 452099 67342 5617 3005835 3005835 0 7844474 7844474 873585 225508 648077 Dining Service Contract 5612952 5612385 567 Repairs, Maintenance & Equip 3435384 1668670 1766555 159 Sales Tax 641964 568400 73443 121 Bad Debt Expense 561366 561366 2256503 1890452 277363 88688 169894314 132969296 33608379 3316639 560241 0 20580204 15838317 35630475 38371146 7640915 7038917 0 0 96187 84659 1764292 1903767 3424433 3325980 271388138 101258720 158334830 170129418 66692548 96671182 238652152 229072943 0 0 46275605 46393011 579651882 608829340 13148339 18998696 78245115 73792405 2846597 2530829 28203058 29080403 122443109 124402333 X 211967123 237174291 167476612 167646021 77765038 79606695 457208773 484427007 579651882 608829340 29056126 -1837892 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 946 false false 946 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. 9 65572 64207 1738117 true true true false 370426298 2764281 27978793 6287843 10680334 1361427 382839768 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 0.43600 0.25000 0.31400 false true true 3438702 3438702 212976014 84766047 128209967 22703099 16474184 6228915 16279152 15991171 18489 32251834 170129418 966035 F 229072943 Assets held by External Trustees 3667848 Other investments 1147618 46393011 Deposits and Other Liabilities 8500530 Reserve for Split Int Agreements 20579873 29080403 X 149828014 -1837892 -47284534 -49122426 198950440 198950440 122262660 -47631654 -47631654 169894314 169894314 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. ACIMCO has 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, 2015 and 2014, 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, 2015, the University's tax years 2009 to 2015 remain subject to examination. 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 1043120 South America 1 2 Program Services Higher Education 238769 2 3 2 3 1281889 1281889 true false false true true false X X X true RuffaloCody LLC 1025 KIRKWOOD CEDARRAPID IA 52404 Fundraising false 201375 198638 2737 PURSUANT GROUP PO BOX 203421 DALLAS TX 75320 FUNDRAISING false 78736 190490 280111 389128 2737 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 $8,139 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) 10000 0 General Support Southern Hills Church of Chri 3364 Buffalo Gap Road Abilene TX 79605 751178335 501(c)(3) 8700 0 General Support Next Right Step 5543 Edmondson Nashville TN 37211 205666103 501(c)(3) 12500 0 General Support University Church of Christ ACU Box 29120 Abilene TX 79699 752137523 501(c)(3) 24367 0 General Support Wayne Reed CCC 11B Lindsley Ave Nashville TN 37210 621625142 501(c)(3) 12500 0 General Support Hillcrest Church of Christ 650 East Ambler Ave Abilene TX 79601 751174098 501(c)(3) 9555 0 General Support 6 0 Scholarships - Higher Education 2980 51727184 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 145443 1140 12326 18732 177641 GREG STRAUGHN FORMER PROVOST 129593 11240 20952 161785 Richard Lytle Dean-COBA 147661 1500 12365 13387 174913 Ken Collums Head FB Coach 128435 10453 12244 151132 Dan Garrett ACU Foundation Pre 127277 9000 1140 10685 16347 164449 Bruce Massey Minerals Manager 82097 63870 1140 6854 13674 167635 Allison Garrett Executive VP 188070 18255 1140 15514 16046 239025 Robert Rhodes Provost 207330 1140 17054 16048 241572 Kevin Roberts VP Plng and Ops 127008 1500 10666 16341 155515 Royce Money Chancellor 104760 24980 1740 4445 77361 213286 Gary McCaleb VP University 149902 3500 1740 11135 13387 179664 Philip Schubert President 189680 55000 18740 10587 95743 369750 Slade Sullivan Executive Dir. 154159 1740 12990 18333 187222 Steven Holley CFO 148833 1140 12445 16834 179252 Kevin Campbell Executive Dir. 117452 5000 1140 10552 24492 158636 Jack Rich President - ACIMCO 266405 21294 1140 20800 19388 329027 Kent Rideout Vice President - ACIMCO 116469 42477 1140 9918 17619 187623 John Weaver Dean - Library & Education Tech. 151426 1140 11919 20840 185325 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. Two 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. Two listed received this benefit. The dues were 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 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. 67429 Tuition Discounts OFFICER/TRUSTEE REL. 58901 Danny Phillips Fam Member 372833 Joint Investment false CRAIG RIDEOUT Fam Member 16043 Employee Comp. false LEIGH HOLLEY Fam Member 19882 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 25% discount is awarded. The second year a 50% discount is awarded. Thereafter, a 75% discount is awarded.Part IV, Additional Information:DANNY PHILLIPS - HUSBAND OF CAROLE PHILLIPS, TRUSTEECriag Rideout - Son of Kent Rideout, OfficerLeigh Holley - Wife of Steven Holley, Officer X 47 954586 Market Value X 2 740900 Appraisal X 1 164606 Appraisal X Gift Annuity 3 90902 Appraisal X Misc. Supplies 7 17591 Appraisal X Tickets/Members 4 10380 Market Value 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 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. ACU Management LLC 1600 Campus Court Abilene TX 79699 571136730 General partner of ACU Foundation Limited TX 173662 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 false false false false false false ACIMCO c 80000 Cash Received ACIMCO m 1359470 Cash paid Grace L Woodward Memorial Endowment c 1522021 Cash Received