2015-04-15T14:21:48-07:00 2014-05-31 Davis Kinard & Co PC 400 Pine St Ste 600 Abilene TX 79601 990 2013-06-01 750800653 Howard Payne University HOWA 3256462502 1000 Fisk Street Brownwood TX 76801 Edward Stepanow CFO/VP for Finance 2015-04-15 true Robert Womack CPA P00541020 3256724000 2013 2016-02-25 16:41:14Z 36691488 false false X www.hputx.edu X 1889 TX Howard Payne University is a Christ centered academic community dedicated to excellence by developing and equipping the whole person for intellectual inquiry, personal and professional integrity, and service to God and humanity. 36 36 679 70 0 5583514 3131854 24276324 26643241 4823380 6172010 0 34683218 35947105 8892915 10116798 0 11610001 12963942 208476 179058 674044 9935759 10316851 30647151 33576649 4036067 2370456 96103964 108853633 14417803 14550898 81686161 94302735 X Howard Payne University is a Christ centered academic community dedicated to excellence by developing and equipping the whole person for intellectual inquiry, personal and professional integrity, and service to God and humanity. false false 18986009 10116798 22551864 PROVIDING POST SECONDARY EDUCATIONAL INSTRUCTION TO APPROXIMATELY 1,250 STUDENTS SEEKING A DEGREE IN HIGHER EDUCATION. 5227302 PROVIDE STUDENT SERVICES TO APPROXIMATELY 1,250 STUDENTS SEEKING A DEGREE IN HIGHER EDUCATION. 3192424 3870849 PROVIDE AUXILIARY ENTERPRISES (HOUSING, FOOD SERVICE) TO APPROXIMATELY 1,250 STUDENTS SEEKING A DEGREE IN HIGHER EDUCATION. 1215292 220528 28621027 true true false false false false false false false true true true false false true true true false true false false false false true false false false false true true true false false false false false false true false false false true false false false false false false false false false true 98 0 true 679 true false false true OC false false false false false 0 false false false false false false false false false false X 36 36 false false false false false false false true true false false true true true true true true true true false X Edward Stepanow CFO 3256498055 1000 Fisk Street Brownwood TX 76801 Barry Biggs Trustee 1.00 0.00 X 0 0 0 Jimmy Carmichael Trustee 1.00 0.00 X 0 0 0 Robert Carter Trustee 1.00 0.00 X 0 0 0 Deborah Cartwright Trustee 1.00 0.00 X 0 0 0 Keith Clark Trustee 1.00 0.00 X 0 0 0 Gary Davis Trustee 1.00 0.00 X 0 0 0 Jeremy Denning Trustee 1.00 0.00 X 0 0 0 Steve Ellis Trustee 1.00 0.00 X 0 0 0 Dale Gore Trustee 1.00 0.00 X 0 0 0 Wayne Grant Trustee 1.00 0.00 X 0 0 0 Malvin Green Trustee 1.00 0.00 X 0 0 0 Dwayne Grooms Trustee 1.00 0.00 X 0 0 0 Sharon Mitchell Guthrie Trustee 1.00 0.00 X 0 0 0 Max Johnson Trustee 1.00 0.00 X 0 0 0 Jim Jones Trustee 1.00 0.00 X 0 0 0 David L Lowrie Jr Trustee 1.00 0.00 X 0 0 0 Ronny Marriott Trustee 1.00 0.00 X 0 0 0 Sarah Stephens McAlpine Trustee 1.00 0.00 X 0 0 0 Milton McGee Trustee 1.00 0.00 X 0 0 0 Darrell Miles Trustee 1.00 0.00 X 0 0 0 Bernardo Moraga Trustee 1.00 0.00 X 0 0 0 Kay Nettleship Trustee 1.00 0.00 X 0 0 0 David Poage Trustee 1.00 0.00 X 0 0 0 Marlon Prichard Trustee 1.00 0.00 X 0 0 0 Roy Robb Trustee 1.00 0.00 X 0 0 0 David Robnett Trustee 1.00 0.00 X 0 0 0 Daniel Sanchez Trustee 1.00 0.00 X 0 0 0 Carter M Sharpe Trustee 1.00 0.00 X 0 0 0 Candy Smith Trustee 1.00 0.00 X 0 0 0 Jonathan Snow Trustee 1.00 0.00 X 0 0 0 Annette Spikes Trustee 1.00 0.00 X 0 0 0 Ray Still Trustee 1.00 0.00 X 0 0 0 Leonard Underwood Trustee 1.00 0.00 X 0 0 0 Johanna Wilson Trustee 1.00 0.00 X 0 0 0 Walter Wilson Trustee 1.00 0.00 X 0 0 0 Lesley Wyse Trustee 1.00 0.00 X 0 0 0 Dr Bill Ellis President 40.00 0.00 X 198962 0 24785 Dr Mark Tew Provost & CAO 40.00 0.00 X 111833 0 17084 Brenda Alexander Sr VP Fin & Adm 40.00 0.00 X 119616 0 17401 Dr Brent Marsh VP Student Life 40.00 0.00 X 83865 0 7416 Randy Yeakley VP Development 40.00 0.00 X 78612 0 8951 Kevin Kirk VP Enrollment 40.00 0.00 X 92700 0 9949 Dr Michael Rosato Dean Education 40.00 0.00 X 103266 0 6912 788854 92498 4 false true false Sodexo Inc & Affiliates PO Box 538922 Atlanta GA 30353 Food Service 1447937 Baptist Foundation of Texas 1601 Elm St 1700 Dallas TX 75201 Investments 1023761 Conedison Solutions PO Box 223246 Pittsburgh PA 15251 Utilities 597708 1-2-1 Philanthropic Services 2520 St Rose Parkway Henderson NV 89704 Consulting 200605 RuffaloCODY PO Box 718 Des Moines IA 503030718 Consulting 187392 8 3131854 179082 3131854 Tuition & Fees 611600 22551864 22551864 Auxiliary Enterprises 611710 3870849 3870849 Other Revenue 611710 220528 220528 26643241 5931122 5931122 0 0 0 625286 359985 382116 362267 243170 -2282 240888 240888 0 0 0 0 35947105 26643241 6172010 0 10116798 10116798 0 0 771174 91281 589342 90551 0 9572442 8349387 1047104 175951 487302 388919 90478 7905 1400497 870533 497407 32557 732527 605429 108728 18370 0 10942 10942 32500 32500 0 179058 179058 0 9233 9233 431172 277543 146431 7198 866150 654477 105867 105806 786230 332154 433970 20106 0 0 487837 431994 34093 21750 0 83408 29383 52821 1204 440892 362779 78113 0 1362994 1220342 142652 376966 376966 UTILITES/REPAIRS 3003748 2687671 316077 STUDENT FOOD SERVICE 1290606 1290606 STUDENT EVENTS 580798 580798 MISCELLANEOUS 362294 139852 208854 13588 191081 191081 33576649 28621027 4281578 674044 6375411 8056555 0 1935261 1846526 685081 437902 0 0 1349505 1280295 0 234697 230023 52150420 18327904 33563907 33822516 0 51855896 63081574 0 90665 84702 13541 13540 96103964 108853633 1624392 2048191 6210000 5825000 3285451 3404311 3297960 3273396 14417803 14550898 X 29364989 29564257 22850790 34975121 29470382 29763357 81686161 94302735 96103964 108853633 X 2370456 10236693 9425 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 51395116 222927 16474976 5529705 62563314 44624748 2491865 7684989 3406486 51395116 44192111 1024172 2795814 3377597 9752 44624748 37290579 504682 9171033 2774183 44192111 37739902 171300 3080604 2500462 1200765 37290579 0.03180 0.47490 0.49330 true false false 3535390 3535390 42005375 14162256 27843119 31235 6512 24723 5808724 4159136 1649588 769696 769696 33822516 63081574 DEPOSITS AND OTHER LIABILITIES 2226846 RESERVE FOR SPLIT-INTEREST LIABILITIES 1046550 3273396 X 36067000 10236693 -10116798 119895 35947105 35947105 23450426 -9425 -9425 23459851 10116798 10116798 33576649 Part V, Line 4: Intended uses of the endowment fund. PROVIDE A PERMANENT REVENUE STREAM FOR SCHOLARSHIPS AND ACADEMIC PROGRAMS. Part X : FIN48 Footnote Howard Payne University ix exempt from income tax under Section 501(c)(3) of the Internal Revenue Code. The University has been classified as an organization that is not a private foundation under the Tax Reform Act of 1969 and contributions to it qualify for deduction as charitable contributions; accordingly, no provision for taxes has been made in the financial statements. The University is liable for any federal income taxes resulting from certain unrelated business income. For fiscal years 2014 and 2013, there was no liability for any federal income tax resulting from unrelated business income. The University recognizes interest accrued on and penalties related to unrecognized tax benefits in tax expense. During the years ended May 31, 2014 and 2013, the University recognized no interest and penalties. Based on management's analysis, the University did not have any uncertain tax positions as of May 31, 2014 or 2013. The University files income tax returns in the U.S. federal jurisdiction. There are currently no income tax examinations underway for this jurisdiction. As of May 31, 2014, the University's tax years 2008 to 2014 remain subject to examination. Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Reclass of scholarships/discounts $10116798 true true true true true true true false false false false false false false false true false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized ALL SOLICITATIONS FOR STUDENTS CONTAIN A STATEMENT OF THE UNIVERSITY'S RACIALLY NON DISCRIMINATORY POLICY. Schedule E, Line 4 - Explanation of Records and Materials Not Maintained Schedule E, Line 5 - Explanation of Organization Discrimination by Race X X X X false 121 Services 2520 StRose Henderson NV 89074 Capital false 179058 179058 true 0 0 Scholarships - Higher Education 1176 10116798 Additional Supplemental Information 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. X X false true X X X X false false false false false false false false false false Dr Bill Ellis President 198962 9948 14837 223747 Part I, Line 1a: Relevant information in regards to selections on 1a. Part I, Line 1b: Reason for not following policy regarding payment provisions for expenses MEMBERSHIPS TO A SOCIAL CLUB ARE PROVIDED TO THE PRESIDENT OF THE UNIVERSITY AND VICE PRESIDENT FOR DEVLOPMENT TO CULTIVATE AND BUILD DONOR RELATIONSHIPS.THE PRESIDENT AND HIS IMMEDIATE FAMILY RESIDE IN ON CAMPUS HOUSING OWNED BY THE UNIVERSITY. A CITY OF HUDSON OAKS TX 751902101 2004-07-20 8650000 REFINANCING/CAPITAL IMPROV. false false false A 8650000 110000 8540000 2005 true false true true A false false false false true A false false false false false false false false false A true Officer/Trustee Rel. 16600 Merit Schol. Edu. Grant Officer/Trustee Rel. 51210 Dis. Tuition Edu. Assistance X 2 179082 Fair Mkt Value false false true Part I, Line 32, Hire and Use of Third Parties When accepting donations of stock, the BFT accepts the shares and liquidates them on behalf of HPU. This service is also performed by Edward Jones. Edward Jones also assists taxpayers who wish to donate their IRA. Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: PROVIDE ACADEMIC SUPPORT THROUGH LIBRARY AND VARIOUS ACADEMIC DEPARTMENTS OF THE UNIVERSITY. Form 990, Part VI, Line 11b: Form 990 Review Process Prior to filing, Form 990 is provided to the board finance committee to review. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts THE UNIVERSITY MAINTAINS A BOARD ADOPTED CONFLICT OF INTEREST POLICY. THE UNIVERSITY MONITORS AND ENFORCES COMPLIANCE WITH THE POLICY BY PUBLISHING IT ON THE EMPLOYEE INTRANET, LIMITED BUSINESS DEALINGS WITH RELATED PARTIES, AND DISCOURAGING ACTIVITIES THAT MIGHT BE PERCEIVED AS A CONFLICT OF INTEREST. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management THE COMPENSATION FOR THE UNIVERSITY'S PRESIDENT IS RECOMMENDED BY A SPECIAL COMMITTEE TO THE FULL BOARD OF TRUSTEES, BASED ON YEARS OF EXPERIENCE, PERFORMANCE AND THE REVIEW OF PUBLISHED, COMPARATIVE DATA OF SIMILAR UNIVERSITIES. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees COMPENSATION FOR OTHER OFFICERS IS ESTABLISHED BY THE PRESIDENT, BASED ON YEARS EXPERIENCE, PERFORMANCE, AND PUBLISHED AND COMPARABLE DATA OF LIKE POSITIONS IN SIMILAR UNIVERSITIES. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available THE UNIVERSITY'S PRIMARY GOVERNING DOCUMENTS ARE ON FILE WITH THE TEXAS SECRETARY OF STATE AND ARE PUBLICLY AVAILABLE. THE UNIVERSITY IS NOT REQUIRED TO MAKE ITS CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS PUBLICLY AVAILABLE. Other Changes In Net Assets Or Fund Balances - Other Increases Change in split interest agreements = $9425