2014-04-15T07:53:17-07:00 2013-05-31 Davis Kinard & Co PC 400 Pine St Ste 600 Abilene TX 79601 990 2012-06-01 750800653 Howard Payne University HOWA 3256462502 1000 Fisk Street Brownwood TX 76801 Brenda Alexander 2014-04-14 true Robert Womack CPA P00541020 3256724000 2012 2015-11-30 17:44:51Z 35020205 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. 35 35 679 70 0 3264550 5583514 23576925 24276324 3729437 4823380 0 30570912 34683218 7605111 8892915 0 11928498 11610001 120500 208476 704956 9591330 9935759 29245439 30647151 1325473 4036067 89827755 96103964 14957910 14417803 74869845 81686161 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 16905177 8892915 20607681 PROVIDING POST SECONDARY EDUCATIONAL INSTRUCTION TO APPROXIMATELY 1,250 STUDENTS SEEKING A DEGREE IN HIGHER EDUCATION. 4853002 PROVIDE STUDENT SERVICES TO APPROXIMATELY 1,250 STUDENTS SEEKING A DEGREE IN HIGHER EDUCATION. 2945267 3477586 PROVIDE AUXILIARY ENTERPRISES (HOUSING, FOOD SERVICE) TO APPROXIMATELY 1,250 STUDENTS SEEKING A DEGREE IN HIGHER EDUCATION. 1161687 191057 25865133 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 90 0 true 679 true false false false false false false false false 0 false false false false false false false false false false X 35 35 false false false false false false false true true false false true true true true true true true true false X Brenda Alexander SRVP Finance 3256498055 1000 Fisk Street Brownwood TX 76801 Johanna Wilson 1.00 0.00 X 0 0 0 Dr Walter Wilson 1.00 0.00 X 0 0 0 Dr Leonard Underwood 1.00 0.00 X 0 0 0 Darrell Miles 1.00 0.00 X 0 0 0 Jane Witcher 1.00 0.00 X 0 0 0 Candace Smith 1.00 0.00 X 0 0 0 David Robnett 1.00 0.00 X 0 0 0 MIlton S McGee Jr 1.00 0.00 X 0 0 0 Jim Jones 1.00 0.00 X 0 0 0 Carter Sharpe 1.00 0.00 X 0 0 0 Malvin Green 1.00 0.00 X 0 0 0 Roy Robb 1.00 0.00 X 0 0 0 Marlon Prichard 1.00 0.00 X 0 0 0 Keith Clark 1.00 0.00 X 0 0 0 Kay Nettleship 1.00 0.00 X 0 0 0 Sarah McAlpine 1.00 0.00 X 0 0 0 Ronny Marriott 1.00 0.00 X 0 0 0 Charles Maddin 1.00 0.00 X 0 0 0 David LowrieJr 1.00 0.00 X 0 0 0 Al Lock 1.00 0.00 X 0 0 0 Max Johnson 1.00 0.00 X 0 0 0 E Nell Hoffman 1.00 0.00 X 0 0 0 Barry Biggs 1.00 0.00 X 0 0 0 Dwayne Grooms 1.00 0.00 X 0 0 0 Sharon Guthrie 1.00 0.00 X 0 0 0 Wayne Grant 1.00 0.00 X 0 0 0 Dale Gore 1.00 0.00 X 0 0 0 Wendell Gamel 1.00 0.00 X 0 0 0 Steve Ellis 1.00 0.00 X 0 0 0 Gary Davis 1.00 0.00 X 0 0 0 John Duncan 1.00 0.00 X 0 0 0 Jeremy Denning 1.00 0.00 X 0 0 0 Robert Carter 1.00 0.00 X 0 0 0 Jimmy Carmichael 1.00 0.00 X 0 0 0 Rick Akins 1.00 0.00 X 0 0 0 Brent Marsh 40.00 0.00 X 79750 0 7196 Paul Dunne 40.00 0.00 X 119200 0 12199 Brad Johnson 40.00 0.00 X 71388 0 7613 William Tew 40.00 0.00 X 110000 0 16640 Brenda Alexander 40.00 0.00 X 117675 0 14828 William Ellis 40.00 0.00 X 195700 0 24275 693713 82751 4 false true false SmithGroupJJR 8350 North Central Fwy Ste 500 Dallas TX 75206 Architectural fees 135510 Baptist Foundation of Texas 1601 Elm St 1700 Dallas TX 75201 Investments 565311 Conedison Solutions PO Box 223246 Pittsburgh PA 15251 Utilities 635585 1-2-1 Philanthropic Services 2520 St Rose Parkway Ste 217 Henderson NV 89704 Consulting 183248 Sodexo Inc & Affiliates PO Box 538922 Atlanta GA 30353 Food Service 1262292 8 5583514 5504 5583514 Other Revenue 611710 191057 191057 Auxiliary Enterprises 611710 3477586 3477586 Tuition & Fees 611600 20607681 20607681 24276324 3819007 3819007 0 0 0 1335286 6074 326485 10502 1008801 -4428 1004373 1004373 0 0 0 0 34683218 24276324 4823380 0 8892915 8892915 0 0 598695 76615 452547 69533 0 8697472 7403024 1108226 186222 448531 347182 93206 8143 1215602 697912 485886 31804 649701 531028 101520 17153 0 4720 4720 31450 31450 0 208476 208476 0 10750 10750 388116 216774 163314 8028 785747 552996 116409 116342 879698 342993 512940 23765 0 0 510782 438124 44358 28300 0 64655 34480 29503 672 476654 393381 83273 0 1342261 1187347 154914 352599 352599 MISCELLANEOUS 223432 116720 100194 6518 STUDENT EVENTS 333162 333162 STUDENT FOOD SERVICE 1288033 1288033 UTILITES/REPAIRS 3056373 2825120 231253 187327 187327 30647151 25865133 4077062 704956 6385317 6375411 0 1322554 1935261 492246 685081 0 0 1360081 1349505 0 321301 234697 50661168 17097261 34534128 33563907 0 45296567 51855896 0 102020 90665 13541 13541 89827755 96103964 1707246 1624392 6575000 6210000 3900682 3285451 2774982 3297960 14957910 14417803 X 28624627 29364989 19394465 22850790 26850753 29470382 74869845 81686161 89827755 96103964 X 4036067 2852445 -72196 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 44624748 2491865 7684989 3406486 51395116 44192111 1024172 2795814 3377597 9752 44624748 37290579 504682 9171033 2774183 44192111 37739902 171300 3080604 2500462 1200765 37290579 47586027 1688724 -8622917 2911932 37739902 0.05570 0.57130 0.37300 true false false 2906642 2906642 41979256 13282587 28696669 31235 5787 25448 5413851 3808887 1604964 330184 330184 33563907 51855896 RESERVE FOR SPLIT-INTEREST LIABILITIES 1112823 DEPOSITS AND OTHER LIABILITIES 2185137 3297960 X 28642748 2852445 -8892915 -6040470 34683218 34683218 21826432 72196 72196 21754236 8892915 8892915 30647151 Part XII, Line 4b Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Reclass of scholarships/discounts $8892915 Part XII, Line 2d Part XII, Line 2d: Other expenses and losses per audited F/S Chgs in value - split-interest agreement $72196 Part X 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 2013 and 2012, 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, 2013 and 2012, 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, 2013 or 2012. 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, 2013, the University's tax years 2007 to 2013 remain subject to examination. Part V, Line 4 Part V, Line 4: Intended uses of the endowment fund. PROVIDE A PERMANENT REVENUE STREAM FOR SCHOLARSHIPS AND ACADEMIC PROGRAMS. 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. X X X X false 121 Services 2520 StRose Henderson NV 89074 Capital false 208476 208476 true 0 0 Scholarships - Higher Education 1102 8892915 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 William Ellis 195700 9785 14490 219975 Sch J, Part I, Line 1b 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. Sch J, Part I, Line 1a Part I, Line 1a: Relevant information in regards to selections on 1a. 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 Discounted Tuition Ttee/Offcr Relatives 42400 Discounts Merit-based Scholarships Ttee/Offcr Relatives 26562 Sholarships Need-based Scholarships Ttee/Offcr Relatives 11750 Scholarships X 1 5504 Fair Mkt Value X 1 111000 Appraisal 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 XI, Line 9 Other Changes In Net Assets Or Fund Balances - Other Decreases Change in split interest agreements = -$72196 Form 990, Part VI, Line 19 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. Form 990, Part VI, Line 15b 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 15a 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 12c 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 11b Form 990, Part VI, Line 11b: Form 990 Review Process THE FORM 990 IS PREPARED BY THE ASSISTANT VICE PRESIDENT FOR FINANCE AND REVIEWED BY THE SENIOR VP FOR FINANCE & ADMINISTRATION. IT IS THEN SUBMITTED TO A CPA FIRM FOR FURTHER REVIEW AND TO ENSURE COMPLIANCE WITH THE MANY COMPLEXITIES THAT MAKE UP THE 990. A COPY OF THE RETURN IS GIVEN TO THE BOARD FINANCE COMMITTEE TO REVIEW AT THE MARCH MEETING BEFORE TIMELY FILING THE APRIL 15TH EXTENDED DEADLINE. Form 990, Part III, Line 4d 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.