2014-11-13T12:00:28-06:00 2014-06-30 CROWE HORWATH LLP 9600 BROWNSBORO ROAD SUITE 400 LOUISVILLE KY 402411122 990 2013-07-01 610444780 SPALDING UNIVERSITY INC SPAL 5025859911 845 South Third Street Louisville KY 402032188 TORI MURDEN MCCLURE PRESIDENT 2014-11-13 true Rachel Spurlock P00520729 5023263996 2013 2015-11-30 17:44:51Z TORI MURDEN MCCLURE 845 South Third Street Louisville KY 402032188 42022359 false X WWW.SPALDING.EDU X 1984 KY SPALDING UNIVERSITY IS A CO-EDUCATIONAL, INDEPENDENT INSTITUTION FULLY ACCREDITED BY THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS AS A DOCTORAL LEVEL INSTITUTION. WITH 2,367 STUDENTS, THE UNIVERSITY OFFERS PROGRAMS IN NURSING, OCCUPATIONAL THERAPY, SOCIAL WORK, PSYCHOLOGY, CREATIVE WRITING AND EDUCATION AND OTHERS. 22 22 913 200 0 0 5371802 1715812 36573534 35467270 956548 776390 383284 412961 43285168 38372433 6646092 6147797 0 0 18367307 19068032 0 0 429897 10990871 11269283 36004270 36485112 7280898 1887321 55174907 57841116 16908509 16078133 38266398 41762983 SPALDING UNIVERSITY IS A DIVERSE COMMUNITY OF LEARNERS DEDICATED TO MEETING THE NEEDS OF THE TIMES IN THE TRADITION OF THE SISTERS OF CHARITY OF NAZARETH THROUGH QUALITY UNDERGRADUATE AND GRADUATE LIBERAL AND PROFESSIONAL STUDIES, GROUNDED IN SPIRITUAL VALUES, WITH EMPHASIS ON SERVICE AND THE PROMOTION OF PEACE AND JUSTICE. false false 30820864 6147797 35570312 INSTRUCTION FOR STUDENTS: AS A DOCTORAL LEVEL INSTITUTION WITH 2,367 STUDENTS, THE UNIVERSITY OFFERS DEGREE PROGRAMS IN HUMANITIES, SOCIAL SCIENCE, HEALTH AND NATURAL SCIENCE, EDUCATION, BUSINESS AND COMMUNICATION. THESE INCLUDE PSYCHOLOGY, CREATIVE WRITING, NURSING, OCCUPATIONAL THERAPY, SOCIAL WORK AND ADVANCED TEACHER EDUCATION, AMONG OTHERS. ACADEMIC SUPPORT: ORGANIZED ACTIVITIES RELATED TO EDUCATIONAL DEPARTMENTS AIM TO BOLSTER THE ACADEMIC SUCCESS OF STUDENTS BY MEETING THEIR INDIVIDUAL NEEDS. THESE INCLUDE THE LIBRARY, RESEARCH, AND THE ACADEMIC RESOURCE CENTER (TUTORING AND ADVISING PROGRAMS, THE UNIVERSITY MATH LAB AND THE UNIVERSITY WRITING CENTER, AS WELL AS PROGRAMS FOR AS ENGLISH-LANGUAGE LEARNERS (ELL) AND FIRST-GENERATION COLLEGE STUDENTS). STUDENT SERVICES: A COMPREHENSIVE SUPPORT SYSTEM FOR STUDENTS FROM INITIAL INQUIRY TO GRADUATION. THESE INCLUDE THE OFFICES OF ADMISSION, FINANCIAL AID, REGISTRAR, BURSAR, CAMPUS DEVELOPMENT AND STUDENT LIFE (INCLUDING THE STUDENT GOVERNMENT ASSOCIATION AND STUDENT-RUN CLUBS), ATHLETICS AND ON-CAMPUS EXTRACURRICULAR AND CULTURAL EVENTS. 30820864 true true false false false false true false true true false false false true true true false true false false false false false true true false false true true true false false false false false false false false true false false false false false false true false false false false true 2998 1 true 913 true false false false false false true true false false false false X 22 22 false false false false false false false true true false false true true true true true true true true false KY X Mark Hohmann 5025859911 845 South Third Street Louisville KY 402032188 ANGELA LEET TRUSTEE 1.00 X X 0 0 0 BETH NIBLOCK SECRETARY (PARTIAL YEAR) 1.00 X X 0 0 0 JAMES A MORRIS TRUSTEE 1.00 X X 0 0 0 JON A MEYER CHAIR 1.00 X X 0 0 0 ALFONSO N CORNISH TRUSTEE 1.00 X 0 0 0 ANTHONY DISSER TRUSTEE 1.00 X 0 0 0 BRIAN B REYNOLDS FIRST VICE CHAIR 1.00 X 0 0 0 CORDELL LAWRENCE TRUSTEE 1.00 X 0 0 0 DANA JACKSON TRUSTEE 1.00 X 0 0 0 DAVID KAREM TRUSTEE 1.00 X 0 0 0 DEVONE HOLT TRUSTEE (PARTIAL YEAR) 1.00 X 0 0 0 JAMES RISSLER TRUSTEE 1.00 X 0 0 0 JANET GEURIN MULLER TRUSTEE (PARTIAL YEAR) 1.00 X 0 0 0 JEFF BRINGARDNER TRUSTEE 1.00 X 0 0 0 M SERRA GOETHALS SCN TRUSTEE 1.00 X 0 0 0 MARY WOLFORD TRUSTEE 1.00 X 0 0 0 NANCY WARFIELD TRUSTEE (PARTIAL YEAR) 1.00 X 0 0 0 NEAL RICHMOND MD TRUSTEE 1.00 X 0 0 0 NICHOLAS HARSHFIELD TRUSTEE 1.00 X 0 0 0 PAUL CHRISCO TRUSTEE 1.00 X 0 0 0 PAUL RATTERMAN SECOND VICE CHAIR 1.00 X 0 0 0 PERRY E SANGALLI ED D TRUSTEE 1.00 X 0 0 0 RICK BLACKWELL TRUSTEE 1.00 X 0 0 0 ROSE HOWARD SCN TRUSTEE 1.00 X 0 0 0 WILLIAM BLODGETT TRUSTEE 1.00 X 0 0 0 WILLIAM E SUMMERS V TRUSTEE 1.00 X 0 0 0 LEWIS RANDY STRICKLAND PROVOST 40.00 X 208578 0 25583 MARK P HOHMANN CFO 40.00 X 102655 0 12419 RICK HUDSON DEAN OF STUDENTS 40.00 X 98595 0 31424 TORI M MCCLURE PRESIDENT 40.00 X 243445 0 37712 BEVERLY KEEPERS DEAN, COLLEGE OF EDUCATION 40.00 X 131874 0 8189 JOANNE BERRYMAN DEAN, COLLEGE OF HEALTH & NATURAL SCIENCES 40.00 X 124441 0 27437 KATHLEEN KLUEBER PHD PROFESSOR AND CHAIR-SCHOOL OF NATURAL SCIENCE 40.00 X 109681 0 15619 LAURA STRICKLAND FACULTY 40.00 X 117268 0 20468 MICHELLE REISS FACULTY 40.00 X 123027 0 10124 1259564 0 188975 15 false true false SCHAEFER GENERAL CONTRACTORS 4716 PINEWOOD ROAD LOUISVILLE KY 40218 CONTRACTOR 838369 JONES LANG & LASALLE PO BOX 2847 LOUISVILLE KY 40201 MAINTENANCE AND CUSTODIAL 598598 K NORMAN BERRY ASSOC 611 WEST MAIN STREET LOUISVILLE KY 40202 ARCHITECTURAL SERVICES 379189 SECURITAS SECURITY SERVICES PO BOX 403412 ATLANTA GA 303843412 SECURITY SERVICES 376147 ELLUCIAN 4375 FAIR LAKES COURT FAIRFAX VA 22033 COMPUTER SERVICES 250904 8 39018 1676794 1715812 TUITION AND FEES 611600 33869222 33869222 RESIDENCE HALL 611600 622341 622341 SPONSORED PROGRAMS 611600 384587 384587 MASTER OF FINE ARTS PROGRAM 611600 134158 134158 ENTECH PROGRAM 611600 68412 68412 388550 388550 0 0 35467270 277857 277857 0 0 0 0 0 4057421 3558888 498533 0 498533 498533 58842 39018 48656 10186 10186 73430 42382 31048 31048 0 FOOD SERVICE 611600 240102 240102 PARKING 611600 28583 28583 FEES 611600 21340 21340 81702 81702 0 0 371727 38372433 35570312 0 1086309 0 6147797 6147797 0 0 751774 132245 619529 139043 139043 14787873 12950608 1545070 292195 762427 647130 100690 14607 1509205 1243115 233329 32761 1117710 957307 139418 20985 0 19910 19910 91860 91860 0 0 56654 56654 1070954 783274 273318 14362 364884 364884 2246880 1671277 552382 23221 324950 324950 0 1913804 1891202 19080 3522 554001 497893 44746 11362 0 0 100592 100066 526 0 1370024 1343756 22174 4094 66441 23954 42487 MASTER OF FINE ARTS PROGRAM 492730 492730 PROFESSIONAL DEVELOPMENT 241440 202858 29599 8983 MINOR EQUIPMENT 240770 237599 3171 BOOKS AND PERIODICALS 229255 229255 1884134 1229821 651034 3279 36485112 30820864 5234351 429897 0 1585 1635 13438967 12483145 484992 486450 658066 543091 0 0 0 0 1742018 1702491 538577 618308 46936282 21077274 24351587 25859008 12956027 15315483 0 0 0 0 1003088 831505 55174907 57841116 1283072 1418755 1291053 1180017 10750000 9980000 0 0 3584384 3499361 16908509 16078133 X 25156465 27045812 5250143 6572171 7859790 8145000 38266398 41762983 55174907 57841116 X 1887321 1434743 174521 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 36705 X false 12957495 180410 2138346 15276251 11365992 176952 1414551 12957495 11517346 50071 -201425 11365992 0 11517346 11517346 0 0 0.09300 0.53300 0.37400 false false 3504170 3504170 28468963 8972709 19496254 0 13886322 11594798 2291524 1076827 509767 567060 25859008 0 REFUNDABLE GOVERNMENT LOANS 1392066 ACCRUED FAIR VALUE OF INTEREST RATE SWAP AGREEMENT 1138755 CAPITAL LEASES 37044 OTHER LONG TERM LIABILITIES 931496 3499361 X 33842006 1434743 265559 1700302 32141704 56654 6174075 6230729 38372433 30345421 91038 91038 30254383 56654 6174075 6230729 36485112 Schedule D, Part III, Line 4, Collections of art - description of collections THE COLLECTION FURTHERS STUDENT EXPERIENCE AND LEARNING BY EXPOSING UNDERGRADUATE AND GRADUATE STUDENT TO VARIOUS WORKS OF ART. Schedule D, Part V, Line 4, Intended uses of endowment funds THE PURPOSE OF THE UNIVERSITY'S ENDOWMENT IS TO PROVIDE FUNDING FOR THE SCHOLARSHIP PROGRAMS AND OTHER RESTRICTED PURPOSES WITH THE GOAL OF SUPPORTING THE MISSION OF SPALDING UNIVERSITY. FOR THE QUASI ENDOWMENT IT IS TO PROVIDE A SAFETY NET FOR THE UNIVERSITY AND ITS USE IS BOARD DESIGNATED. Schedule D, Part X, Line 2, FIN 48 (ASC 740) footnote THE UNIVERSITY IS A NOT-FOR-PROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE TO BE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PRESCRIBE RECOGNITION THRESHOLDS AND MEASUREMENT ATTRIBUTES FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TAX BENEFITS OR LIABILITIES WILL BE RECOGNIZED ONLY IF THE TAX POSITION WOULD "MORE-LIKELY-THAN-NOT" BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED WILL BE THE LARGEST AMOUNT OF TAX BENEFIT OR LIABILITY THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT OR LIABILITY WILL BE RECORDED. MANAGEMENT HAS CONCLUDED THAT THEY ARE UNAWARE OF ANY TAX BENEFITS OR LIABILITIES TO BE RECOGNIZED AT JUNE 30, 2014 AND 2013 AND DOES NOT EXPECT THIS TO CHANGE IN THE NEXT 12 MONTHS. THE UNIVERSITY WOULD RECOGNIZE INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS IN INTEREST AND INCOME TAX EXPENSE, RESPECTIVELY. THE UNIVERSITY DOES NOT HAVE AMOUNTS ACCRUED FOR INTEREST OR PENALTIES AS OF JUNE 30, 2014 AND 2013. THE UNIVERSITY IS NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR THE YEARS BEFORE JUNE 30, 2011. Schedule D, Part XI, Line 2d, Other revenues in audited financial statements not in form 990 FUNDRAISING EVENT EXPENSE - 48656; GAMING EXPENSE - 42382; CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT - 2993; CHANGE IN VALUE OF SWAP - 171528; Schedule D, Part XI, Line 4b, Other revenues in form 990 not in audited financial statements GRANTS TO INDIVIDUALS - 6147797; SPONSORSHIP EXPENSE NETTED WITH SPONSOR PROGRAMS - 26278; Schedule D, Part XII, Line 2d, Other expenses in audited financial statements not in form 990 FUNDRAISING EVENT EXPENSE - 48656; GAMING EXPENSE - 42382; Schedule D, Part XII, Line 4b, Other expenses in form 990 not in audited financial statements GRANTS TO INDIVIDUALS - 6147797; SPONSORSHIP EXPENSE NETTED WITH SPONSORED PROGRAMS - 26278; true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3, Racially nondiscriminatory policy SPALDING UNIVERSITY ADMITS ALL QUALIFIED STUDENTS REGARDLESS OF RACE, CREED, NATIONAL ORIGIN, SEX OR AGE. IT DOES NOT DISCRIMINATE AGAINST ANY OTHERWISE QUALIFIED STUDENT, APPLICANT, PARTICIPANT, EMPLOYEE OR BENEFICIARY ON THE BASIS OF HANDICAP. (STATEMENTS COMPARABLE TO THIS APPEAR IN THE LOCAL NEWSPAPER AND IN THE UNIVERSITY'S RECRUITMENT PUBLICATIONS.) Schedule E, Part I, Line 6a, Financial aid or assistance from a governmental agency THE UNIVERSITY RECEIVES FEDERAL STUDENT FINANCIAL AID ASSISTANCE FROM THE DEPARTMENT OF EDUCATION AND DHHS. BRACKETOLOGY 97860 39018 58842 4497 7889 26023 550 9697 0 0 97860 39018 58842 0 4497 7889 26023 550 9697 48656 10186 73430 24773 17609 true 1 73430 24773 17609 0 0 42382 31048 KY true false false false 0 1 LISA BASH-DEFRIES 845 SOUTH 3RD STREET LOUISVILLE KY 40203 false ROGER BURKMAN 1028 SEE SCHEDULE G PART IV X false SCHEDULE G, PART III, LINE 16, DESCRIPTION OF SERVICES PROVIDED ESTIMATED TIME 25 HOURS PER YEAR. COORDINATION OF RAFFLE, INCLUDING ARRANGING FOR VOLUNTEER SALESPEOPLE OF RAFFLE AND COMPLIANCE WITH FEDERAL AND STATE GAMING REQUIREMENTS. true SFA NEED BASED 423 1468215 SFA MERIT BASED 414 2561740 SFA 55,000 DEGREES 230 864205 GRADUATE ASSISTANT/SCHOLARSHIPS 153 520761 ENDOWED/RESTRICTED AID 166 269509 OTHER 84 463367 Schedule I, Part I, Line 2, Procedures for monitoring use of grant funds ALL ASSISTANCE THAT IS PROVIDED THROUGH THE UNIVERSITY TO STUDENTS IS DESIGNATED FOR TUITION, FEES, BOOKS, AND OTHER DIRECT EDUCATIONAL COSTS. THE FINANCIAL AID OFFICE AND BUSINESS OFFICE OF THE UNIVERSITY MONITORS AND CONTROLS DISBURSEMENT OF ALL ASSISTANCE. X X false false false false false false false false false JOANNE BERRYMAN DEAN, COLLEGE OF HEALTH & NATURAL SCIENCES 124441 0 0 0 0 0 9742 0 17695 0 151878 0 0 0 LEWIS RANDY STRICKLAND PROVOST 206400 0 0 0 2178 0 14997 0 10586 0 234161 0 0 0 TORI M MCCLURE PRESIDENT 241990 0 0 0 1455 0 18750 0 18962 0 281157 0 0 0 A LOUISVILLE JEFFERSON COUNTY METRO GOVERNMENT 320049006 2010-06-30 12860000 REISSUANCE OF 2008 BONDS false false false A 2880000 0 12860000 0 0 0 0 0 0 0 12860000 0 2010 true false true true A false false false false 0.00000 0.00000 0.00000 false false true A false true false false true false false false true A true SCHEDULE K, PART II, LINE 13, YEAR OF SUBSTANTIAL COMPLETION THE BOND WAS A REISSUANCE OF A 2008 BOND AND THE PROJECT THE ORIGINAL BOND WAS USED FOR WAS COMPLETED IN 2008. DR LAURA STRICKLAND SPOUSE OF OFFICER DR. L. RANDY STRICKLAND 139043 COMPENSATION false Form 990, Part VI, Sec B, Line 11b, Review of form 990 by governing body IT IS SPALDING UNIVERSITY'S POLICY THAT THE AUDIT COMMITTEE WILL BE RESPONSIBLE FOR THE INTERNAL REVIEW OF THE INTERNAL REVENUE SERVICE FORM 990 THAT IS TO BE FILED ON BEHALF OF SPALDING UNIVERSITY. UPON APPROVAL OF THE AUDIT COMMITTEE, THE FORM 990 SHALL BE PRESENTED TO THE BOARD OF TRUSTEES FOR THEIR REVIEW. AFTER DISTRIBUTION TO THE FULL BOARD OF TRUSTEES, THE AUDIT COMMITTEE CHAIR WILL APPROVE THE FILING OF THE FORM 990 WITH THE IRS. THE BOARD OF TRUSTEES IS RELYING ON THE UNIVERSITY'S STAFF, THE AUDIT COMMITTEE AND INDEPENDENT ACCOUNTANTS TO COMPLETE AND EXAMINE THE FORM 990. A BOARD RESOLUTION IS NOT REQUIRED IN ORDER FOR THE FORM 990 TO BE FILED. Form 990, Part VI, Sec B, Line 12c, Conflict of interest policy INDIVIDUALS ARE ASKED TO RE-AFFIRM THE POLICY EACH YEAR. THE POLICY IS REVIEWED AND NEW BOARD MEMBERS SIGN FORMS WHEN THEY JOIN THE BOARD. THE RESPONSIBILITY OF AVOIDING AND MANAGING CONFLICTS OF INTEREST BEGINS WITH THE BOARD OF TRUSTEES AND INCLUDES ALL COVERED PERSONS. DISCLOSURE IS REQUIRED OF RELATIONSHIPS AND BUSINESS AFFILIATIONS THAT REASONABLY COULD GIVE RISE TO CONFLICTS OF INTEREST INVOLVING THE UNIVERSITY. THE DISCLOSURE FORM SHALL BE FURNISHED ANNUALLY TO REPORT AND KEEP CURRENT POTENTIAL CONFLICT AREAS. WHENEVER CHANGES OCCUR, DISCLOSURES ARE TO BE UPDATED IN WRITING AS SOON AS POSSIBLE. WHENEVER POSSIBLE, COVERED PERSONS SHOULD DISCLOSE EXPECTED CHANGES OR NEWLY ANTICIPATED CONFLICTS AT LEAST THIRTY (30) DAYS BEFORE THEY OCCUR. THE DISCLOSURES SHALL BE REVIEWED BY THE REVIEWER, A SUBCOMMITTEE OF THE GOVERNANCE COMMITTEE OF THE BOARD OF TRUSTEES OR ITS DESIGNATE, AND AN INITIAL DETERMINATION ON WHETHER A CONFLICT EXISTS WILL BE MADE AFTER A REVIEW OF ALL THE MATERIAL FACTS. IF THE REVIEWER DETERMINES THAT NO CONFLICT EXISTS, THAT DETERMINATION WILL BE MADE IN WRITING AND PRESENTED TO THE FULL GOVERNANCE COMMITTEE AT ITS NEXT REGULARLY SCHEDULED MEETING FOR FINAL REVIEW AND DETERMINATION. IF THE REVIEWER DETERMINES THERE IS A CONFLICT, THE REVIEWER SHALL INFORM THE COVERED PERSON AND INDICATE THAT THE MATTER IS BEING REFERRED TO THE GOVERNANCE COMMITTEE WHOSE DECISION SHALL BE FINAL UNLESS THE MATTER IS FURTHER REFERRED TO THE FULL BOARD OF TRUSTEES, IN WHICH EVENT THE BOARD'S DECISION SHALL BE FINAL. THE GOVERNANCE COMMITTEE OR BOARD OF TRUSTEES (AS APPLICABLE) MAY AUTHORIZE OR APPROVE THE CONFLICTING INTEREST TRANSACTION UNDER PROCEDURES AND CRITERIA AS SPECIFIED UNDER APPLICABLE KENTUCKY STATUTE. TRUSTEES AND COMMITTEE MEMBERS WHO HAVE A CONFLICT OF INTEREST IN ANY MATTER MAY PARTICIPATE IN THE DISCUSSION OF THE MATTER AFTER DISCLOSING ANY CONFLICT OF INTEREST, BUT SHALL REFRAIN FROM VOTING ON THE MATTER. Form 990, Part VI, Sec B, Line 15a, Process to establish compensation of top management official THE BOARD OF TRUSTEES REVIEWS AND DETERMINES THE COMPENSATION OF THE UNIVERSITY PRESIDENT USING CUPA SALARY SCALE AND OTHER RELEVANT ECONOMIC AND INDUSTRY DATA. DOCUMENTATION OF DELIBERATIONS WERE RETAINED BY THE EXECUTIVE COMMITTEE IN MEETINGS NOTES. PROCESS WAS LAST CONDUCTED IN JUNE 2013, AS PART OF A FIVE-YEAR CONTRACT. Form 990, Part VI, Sec B, Line 15b, Process to establish compensation of other employees THE UNIVERSITY PRESIDENT, PROVOST AND HUMAN RESOURCES MANAGER REVIEW AND DETERMINE THE COMPENSATION OF THE OTHER OFFICERS AND KEY EMPLOYEES USING CUPA SALARY SCALES AND OTHER RELEVANT ECONOMIC AND INDUSTRY DATA. DOCUMENTATION OF DELIBERATIONS WERE RETAINED IN EACH RELEVANT MEETING'S NOTES. PROCESS WAS LAST CONDUCTED IN JUNE 2014. Form 990, Part VI, Sec C, Line 19, Required documents available to the public FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. Form 990 , Part XI, Line 9, Other changes in net assets or fund balances CHANGE IN VALUE OF SPLIT INTEREST AGREE - 2993; CHANGE IN VALUE OF SWAP AGREEMENT - 171528; CHARITABLE REMAINDER TRUST (1) INVESTMENTS KY NA false false false false false false false false false false false false false false false false false false false