FRIENDS UNIVERSITY: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- FRIENDS UNIVERSITY (EIN 48-0547702)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-03-25
- IRS object ID
- 201410849349300116
- Schema version
- 2012v2.3
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-03-25T10:51:55-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8300 THORN DRIVE SUITE 300 | AddressLine1 |
| City | WICHITA | City |
| State | KS | State |
| ZIP Code | 672262708 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 480547702 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Friends University | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % JULIA CAPPS CONTROLLER | InCareOfName |
| Name Control | FRIE | NameControl |
| Phone | 3162955000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2100 W University Avenue | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | Wichita | City |
| State | KS | State |
| ZIP Code | 672133379 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RANDY DOERKSEN | Name |
| Title | VP OF ADMIN & FINANCE | Title |
| Phone | 3162955000 | Phone |
| Date Signed | 2014-03-18 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Rebecca Zecha | Name |
| Phone | 3162653231 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Dr TJ Arant | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2100 W University Avenue | AddressLine1 |
| City | Wichita | City |
| State | KS | State |
| ZIP Code | 672133379 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 59358994 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.friends.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1898 | YearFormation |
| State Legal Domicile | KS | StateLegalDomicile |
| Activity Or Mission Description | INFORMED BY QUAKER HERITAGE AND ROOTED IN LIBERAL ARTS AND Christian TRADITION, THE MISSION OF FRIENDS UNIVERSITY IS to prepare STUDENTS TO ADAPT TO CHANGE and MAKE A DIFFERENCE IN THE WORLd. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 19 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 16 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1254 | TotalNbrEmployees |
| Total Nbr Volunteers | 113 | TotalNbrVolunteers |
| Total Gross UBI | 14526 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 13526 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3012079 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2966172 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 41734221 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 39449348 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1200937 | InvestmentIncomePriorYear |
| Investment Income Current Year | 5013544 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 134858 | OtherRevenuePriorYear |
| Other Revenue Current Year | 128642 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 46082095 | TotalRevenuePriorYear |
| Total Revenue Current Year | 47557706 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 9128681 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 8661354 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 22015550 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 21592667 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 989991 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 14332464 | OtherExpensePriorYear |
| Other Expenses Current Year | 13675391 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 45476695 | TotalExpensesPriorYear |
| Total Expenses Current Year | 43929412 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 605400 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 3628294 | RevenuesLessExpensesCY |
| Total Assets BOY | 124865000 | TotalAssetsBOY |
| Total Assets EOY | 127949000 | TotalAssetsEOY |
| Total Liabilities BOY | 24500000 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 23480000 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 100365000 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 104469000 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | WE ARE INFORMED BY THE QUAKER HERITAGE OF FRIENDS UNIVERSITY. WE ALSO ARE ROOTED IN BOTH THE LIBERAL ARTS TRADITION AND IN THE CHRISTIAN INTELLECTUAL TRADITION. BECAUSE OF THESE ROOTS, WE INSIST THAT OUR STUDENTS LEARN, INSIDE AND OUTSIDE THE CLASSROOM, TO INTEGRATE THEIR INTELLECTUAL LIVES WITH THEIR SOCIAL AND SPIRITUAL LIVES IN WAYS THAT WILL IMPROVE THE WORLD. IN DOING OUR WORK AUTHENTICALLY, WE PREPARE OUR STUDENTS TO ADAPT TO CHANGE AND TO MAKE A DIFFERENCE. OUR PURPOSE INCLUDES THE FOLLOWING: TO PROVIDE THE OPPORTUNITY FOR HIGH-QUALITY LEARNING EXPERIENCES; TO ENCOURAGE EXPLORATION OF VALUES - PERSONAL, ETHICAL, RELIGIOUS, AND PROFESSIONAL - AS ENRICHED BY THE CHRISTIAN FAITH; TO PROVIDE A LIBERAL ARTS FOUNDATION THAT WILL PREPARE STUDENTS FOR LIFE IN A DIVERSE AND CHANGING WORLD; TO PROVIDE LIBERAL ARTS AND PROFESSIONAL OFFERINGS TO A DIVERSE POPULATION OF STUDENTS IN DELIVERY MODES THAT ARE APPROPRIATE AND VARIED; AND TO PROVIDE A LEARNING ENVIRONMENT THAT ENCOURAGES OPEN COMM | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 8008171 | Expense |
| Grants | 236507 | Grants |
| Revenue | 9114209 | Revenue |
| Description | THE COLLEGE OF ADULT AND PROFESSIONAL STUDIES PROVIDES UNDERGRADUATE PROGRAMS DESIGNED FOR BUSY ADULTS. THE COLLEGE IS COMMITTED TO PROVIDING ACADEMIC EXCELLENCE FOR A DIVERSE COMMUNITY OF LIFELONG LEARNERS. UNDERGRADUATE STUDIES ARE ADMITTED BASED ON THEIR POTENTIAL FOR ACHEIVING ACADEMIC SUCCESS. STUDENT ENROLLMENT IN THIS COLLEGE FOR THE FALL OF 2012 WAS 843 STUDENTS WITH AN FTE OF 525 STUDENTS. IN Academic Year 2012, 352 COLLEGE OF ADULT AND PROFESSIONAL STUDIES STUDENTS WERE AWARDED DEGREES. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 8468473 | Expense |
| Grants | 234468 | Grants |
| Revenue | 8864192 | Revenue |
| Description | THE MISSION OF THE GRADUATE COLLEGE IS TO PROVIDE A HIGH-QUALITY LEARNING ENVIRONMENT FOR STUDENTS SEEKING PROFESSIONAL GRADUATE EDUCATION. WITH PROGRAMS OFFERED AT THE MAIN WICHITA CAMPUS, ONLINE, AND AT TWO EDUCATION CENTERS (LENEXA AND TOPEKA), IN MAY 2012, THE GRADUATE SCHOOL GRADUATED 281 MASTERS STUDENTS AND AWARDED 14 SIX SIGMA GREEN BELT CERTIFICATIONS. THE GRADUATE COLLEGE HAD A FALL 2012 TOTAL HEADCOUNT OF 733 STUDENTS WITH AN FTE OF 537 STUDENTS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 20864209 | Expense |
| Grants | 8190379 | Grants |
| Revenue | 19003310 | Revenue |
| Description | THE COLLEGE OF BUSINESS, ARTS, SCIENCES, AND EDUCATION IS THE TRADITIONAL UNDERGRADUATE LIBERAL ARTS COLLEGE. STUDENTS RECEIVE A BROAD-BASED EDUCATION AND ARE GIVEN OPPORTUNITIES TO APPLY and INTEGRATE THEIR EDUCATION BEYOND THE CLASSROOM THROUGH INTERNSHIPS, RESEARCH PROJECTS, STUDY ABROAD, PARTICIPATION IN ATHLETICS OR PERFORMING ARTS, AND IN STUDENT ORGANIZATIONS. THE COLLEGE HAD A FALL 2012 HEADCOUNT OF 895 STUDENTS WITH An FTE OF APPROXIMATELY 880 STUDENTS. IN MAY 2012, 190 DEGREES WERE AWARDED. | Description |
Activity Other ActivityOther (4 entries)
| ExpenseExpense | RevenueRevenue | DescriptionDescription |
|---|---|---|
| 1458737 | 2164259 | Student Housing and Food Services |
| 278173 | 235520 | Postage, print, and copy services |
| 139737 | Bookstore commissions | |
| 320326 | 36346 | APRENTIS Institute |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 2057236 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 2575862 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 39398089 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | true | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | true | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Info In Schedule O Part V | X | InfoInScheduleOPartV |
| Number Forms Transmitted With1096 | 81 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 1254 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | true | ForeignFinancialAccount |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 19 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 16 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | true | LocalChapters |
| Policies Reference Chapters | true | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | false | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JULIA CAPPS CONTROLLER | NamePerson |
| Telephone Number | 3162955678 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2100 W UNIVERSITY AVENUE | AddressLine1 |
| City | WICHITA | City |
| State | KS | State |
| ZIP Code | 672133379 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (24 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| John Lewis | ||||||||
| Chair | 10.0 | X | X | 0 | 0 | 0 | ||
| Kelly Linnens | ||||||||
| Vice Chair | 5.0 | X | X | 0 | 0 | 0 | ||
| Cliffton Loesch | ||||||||
| Treasurer | 5.0 | X | X | 0 | 0 | 0 | ||
| Rodney Pitts | ||||||||
| Secretary | 5.0 | X | X | 0 | 0 | 0 | ||
| Eldon Alexander | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Craig Bay | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Marilyn Brown | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Pam Chambers | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Ardith Dunn | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Richard Fitzgerald | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Duane Hansen | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Denis Knight | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Jana Mullen | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Shelly Prichard | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Edwin Roberts | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Carl Sebits | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Rebecca Twietmeyer | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Michael Wilson | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| TJ Arant | ||||||||
| President | 45.0 | X | X | 202659 | 0 | 45962 | ||
| Randy Doerksen | ||||||||
| VP, Admin & Finance | 45.0 | X | 145352 | 0 | 44395 | |||
| Darcy Zabel | ||||||||
| VP, Academic Affairs | 45.0 | 123331 | 0 | 16532 | X | |||
| Steve Klein | ||||||||
| VP, Enrollment Management | 45.0 | 133595 | 0 | 19509 | X | |||
| Carole Obermeyer | ||||||||
| VP, Student Affairs | 45.0 | 132246 | 0 | 19710 | X | |||
| Dixie Madden | ||||||||
| Director, Garvey Institute | 45.0 | 104309 | 0 | 23963 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 841492 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 170071 | TotalOtherCompensation |
| Number Individuals GT100 K | 6 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (3 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Armstrong Chamberlin | |||||
| 7450 South Seneca St | HAYSVILLE | KS | 670607642 | Advertising | 620422 |
| IMA of Ks | |||||
| 8200 E 32nd Street North | WICHITA | KS | 67226 | Insurance Broker | 113882 |
| Strata Information Group | |||||
| 3935 Harney St Suite 203 | SAN DIEGO | CA | 92110 | IT Consulting | 187293 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 3 | NumberOfContractorsGT100K |
| Info In Schedule O Part VIII | X | InfoInScheduleOPartVIII |
| Fundraising Events | 79527 | FundraisingEvents |
| Government Grants | 147923 | GovernmentGrants |
| All Other Contributions | 2738722 | AllOtherContributions |
| Total Contributions | 2966172 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION & FEES | 611600 | 36632404 | 36632404 |
| AUXILIARY | 611710 | 2566306 | 2566306 |
| SALES & SERVICES | 900099 | 243868 | 243868 |
| INVESTMENT INCOME - PROGRAM RELATED | 900099 | 6770 | 6770 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 39449348 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1012338 | TotalRevenueColumn |
| Exclusion | $1,012,338 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 20980 | TotalRevenueColumn |
| Exclusion | $20,980 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 49808 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 51583 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -1775 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -1775 | TotalRevenueColumn |
| Unrelated Business Revenue | 14526 | UnrelatedBusinessRevenue |
| Exclusion | -$16,301 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 15686909 | Securities |
| Other | 400 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 11674634 | Securities |
| Other | 11469 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4012275 | Securities |
| Other | -11069 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4001206 | TotalRevenueColumn |
| Exclusion | $4,001,206 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 5771 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 79527 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 63602 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -57831 | TotalRevenueColumn |
| Exclusion | -$57,831 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| MISCELLANEOUS REVENUE | 900099 | 108225 | 108225 | |
| CHANNEL LEASE REVENUE | 900099 | 32000 | $32,000 | |
| VENDING REVENUE | 900099 | 27043 | $27,043 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 167268 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 47557706 | TotalRevenueColumn |
| Related Or Exempt Function Income | 39557573 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 14526 | UnrelatedBusinessRevenue |
| Exclusion | $5,019,435 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8661354 | Total |
| Program Services | 8661354 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 913979 | Total |
| Program Services | 209548 | ProgramServices |
| Management And General | 567793 | ManagementAndGeneral |
| Fundraising | 136638 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16304043 | Total |
| Program Services | 15075057 | ProgramServices |
| Management And General | 759871 | ManagementAndGeneral |
| Fundraising | 469115 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 670845 | Total |
| Program Services | 572561 | ProgramServices |
| Management And General | 65806 | ManagementAndGeneral |
| Fundraising | 32478 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2348538 | Total |
| Program Services | 2043994 | ProgramServices |
| Management And General | 214695 | ManagementAndGeneral |
| Fundraising | 89849 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1355262 | Total |
| Program Services | 1206733 | ProgramServices |
| Management And General | 103697 | ManagementAndGeneral |
| Fundraising | 44832 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 83838 | Total |
| Management And General | 78433 | ManagementAndGeneral |
| Fundraising | 5405 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 67414 | Total |
| Management And General | 67414 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 336357 | Total |
| Management And General | 336357 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1735440 | Total |
| Program Services | 1607363 | ProgramServices |
| Management And General | 83604 | ManagementAndGeneral |
| Fundraising | 44473 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 786163 | Total |
| Program Services | 762178 | ProgramServices |
| Management And General | 11215 | ManagementAndGeneral |
| Fundraising | 12770 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1296627 | Total |
| Program Services | 1130482 | ProgramServices |
| Management And General | 38851 | ManagementAndGeneral |
| Fundraising | 127294 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1178282 | Total |
| Program Services | 935346 | ProgramServices |
| Management And General | 242936 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1807358 | Total |
| Program Services | 1806558 | ProgramServices |
| Management And General | 201 | ManagementAndGeneral |
| Fundraising | 599 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 740569 | Total |
| Program Services | 707119 | ProgramServices |
| Management And General | 20044 | ManagementAndGeneral |
| Fundraising | 13406 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 60197 | Total |
| Program Services | 52940 | ProgramServices |
| Management And General | 5286 | ManagementAndGeneral |
| Fundraising | 1971 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 506309 | Total |
| Program Services | 18489 | ProgramServices |
| Management And General | 487820 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2545137 | Total |
| Program Services | 2290623 | ProgramServices |
| Management And General | 254514 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 242871 | Total |
| Program Services | 128832 | ProgramServices |
| Management And General | 114039 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| STUDENT FEES | 648077 | 648077 | ||
| STUDENT BOARD PLAN | 647800 | 647800 | ||
| PUBLICATIONS & SUBSCRIPTIONS | 234263 | 229626 | 3479 | 1158 |
| ITEMS FOR RE-SALE | 138780 | 138780 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 619909 | Total |
| Program Services | 524629 | ProgramServices |
| Management And General | 85277 | ManagementAndGeneral |
| Fundraising | 10003 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 43929412 | Total |
| Program Services | 39398089 | ProgramServices |
| Management And General | 3541332 | ManagementAndGeneral |
| Fundraising | 989991 | Fundraising |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part X | X | InfoInScheduleOPartX |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6024 | BOY |
| EOY | 5064 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7640976 | BOY |
| EOY | 8791936 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 925000 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7543000 | BOY |
| EOY | 6476000 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 81736803 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 28138803 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 54960000 | BOY |
| EOY | 53598000 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33513000 | BOY |
| EOY | 39672000 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13005000 | BOY |
| EOY | 10280000 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8197000 | BOY |
| EOY | 8201000 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 124865000 | BOY |
| EOY | 127949000 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2344000 | BOY |
| EOY | 2331000 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2692000 | BOY |
| EOY | 2871000 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16040000 | BOY |
| EOY | 14890000 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3424000 | BOY |
| EOY | 3388000 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24500000 | BOY |
| EOY | 23480000 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 63372000 | BOY |
| EOY | 63853000 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3536000 | BOY |
| EOY | 4862000 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33457000 | BOY |
| EOY | 35754000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 100365000 | BOY |
| EOY | 104469000 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 124865000 | BOY |
| EOY | 127949000 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 3628294 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 475648 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 58 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets In Part X | 328800 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 40294000 | BeginningOfYearBalance |
| Contributions | 2078000 | Contributions |
| Investment Earnings Or Losses | 4255000 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1867100 | GrantsOrScholarships |
| Other Expenditures | 71900 | OtherExpenditures |
| End Of Year Balance | 44688000 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 41686000 | BeginningOfYearBalance |
| Contributions | 1909000 | Contributions |
| Investment Earnings Or Losses | -1310000 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1221000 | GrantsOrScholarships |
| Other Expenditures | 770000 | OtherExpenditures |
| End Of Year Balance | 40294000 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 38141000 | BeginningOfYearBalance |
| Contributions | 269000 | Contributions |
| Investment Earnings Or Losses | 5306000 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1204000 | GrantsOrScholarships |
| Other Expenditures | 826000 | OtherExpenditures |
| End Of Year Balance | 41686000 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 35616000 | BeginningOfYearBalance |
| Contributions | 1475000 | Contributions |
| Investment Earnings Or Losses | 3247000 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1387000 | GrantsOrScholarships |
| Other Expenditures | 810000 | OtherExpenditures |
| End Of Year Balance | 38141000 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 44385000 | BeginningOfYearBalance |
| Contributions | 1357000 | Contributions |
| Investment Earnings Or Losses | -7887000 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1295000 | GrantsOrScholarships |
| Other Expenditures | 944000 | OtherExpenditures |
| End Of Year Balance | 35616000 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.28283 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.65608 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.06109 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2293696 | OtherCostOrOtherBasis |
| Book Value | 2293696 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 58941788 | OtherCostOrOtherBasis |
| Depreciation | 15554559 | Depreciation |
| Book Value | 43387229 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 14917759 | OtherCostOrOtherBasis |
| Depreciation | 9324988 | Depreciation |
| Book Value | 5592771 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5583560 | OtherCostOrOtherBasis |
| Depreciation | 3259256 | Depreciation |
| Book Value | 2324304 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 53598000 | TotalOfBookValueLandBuildings |
Financial Derivatives FinancialDerivatives
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 10280000 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Closely Held Equity Interests | CloselyHeldEquityInterests | |
| Total Of Book Value Securities | 10280000 | TotalOfBookValueSecurities |
Other Assets OtherAssets (6 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| CASH SURRENDER VALUE LIFE INS. | 303000 |
| FUNDS HELD BY TRUSTEE | 500000 |
| ART | 328800 |
| OTHER ASSETS | 533200 |
| INTEREST IN PERPETUAL TRUST | 5744000 |
| MINERAL INTERESTS | 792000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 8201000 | TotalBookValueOtherAssets |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ANNUITIES PAYABLE | $282,000 |
| FED. PORTION PERKINS FUND DEP. | $2,100,000 |
| OBLIG. UNDER CAPITAL LEASE | $227,000 |
| OTHER LIABILITIES | $779,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 3388000 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 39292000 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 475648 | NetUnrealizedGainsInvestments |
| Other Revenues | -8661354 | OtherRevenues |
| Revenue Not Rptd F990 | -8185706 | RevenueNotRptdF990 |
| Revenue Subtotal | 47477706 | RevenueSubtotal |
| Investment Expenses Not Included | 194156 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | -114156 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 80000 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 47557706 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 35188000 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 115185 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 115185 | ExpensesNotRptdF990 |
| Expenses Subtotal | 35072815 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 194156 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 8662441 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 8856597 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 43929412 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Description of Organization's Collections | Schedule D, Part III, Line 4 | THE BLOOMFIELD ART COLLECTION WAS GIFTED TO THE UNIVERSITY MANY YEARS AGO. THE SMALL EXHIBIT CONSISTS OF 15TH AND 16TH CENTURY ART. IT IS NOT REFLECTED ON THE FINANCIAL STATEMENTS AS A COLLECTION BECAUSE IT IS CONSIDERED IMMATERIAL. THIS ART COLLECTION IS REFLECTED IN THE PLANT FUND OTHER ASSETS, VALUE OF $328,800. PIECES FROM THE COLLECTION ARE PERIODICALLY DISPLAYED IN THE RINEY FINE ARTS BUILDING ART GALLERY/LOBBY. |
| Intended Uses of Endowment Funds | Schedule D, Part V, Line 4 | ENDOWMENT FUNDS ARE USED TO UNDERWRITE STUDENT SCHOLARSHIPS AND INSTITUTIONAL OPERATIONS, AS DESIGNATED BY DONORS. |
| Reconciliation of Revenue | Schedule D, PART XI, LINE 2D Scholarships (8,661,354) Schedule D, PART XI, LINE 4B Rental Expense (51,583) Fundraising Expense (63,602) Rounding 1,029 --------- (114,156) | |
| Reconciliation of Expenses | Schedule D, PART XII, LINE 2D Rental Expense 51,583 Fundraising Expense 63,602 ------- 115,185 Schedule D, PART XII, LINE 4B Scholarships 8,661,354 Rounding 1,087 --------- 8,662,441 | |
| FIN 48 (ASC 740) FOOTNOTE | Schedule D, PART X, LINE 2 | The University is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and a similar provision of state law. The University annually evaluates tax positions taken with regard to unrelated business income, related deductions applied, or other activities that may jeopardize its tax exempt status and thus would meet the definition of an uncertain tax position. The University recognizes the financial statement benefit of a tax position only after determining the relevant tax authority would more likely than not sustain the position following an audit. The University has concluded that there are no uncertain tax positions taken that would require recognition of a liability or disclosure in the financial statements. The University is generally no longer subject to U.S. federal and state income tax examinations by taxing authorities for fiscal years before 2010. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Publication of Racially Nondiscriminatory Policy | Schedule E, Part I, Line 3 | The University's nondiscrimination statement appears on all print advertisements, including newspaper, magazine ads, chamber ads and directories, direct mail, brochures, collateral, flyers, landing pages, and email advertising. The nondiscrimination statement reads, "Friends University does not discriminate against academically qualified students of any race, color, national or ethnic origin, sex, age, or without regard to disability." The nondiscrimination statement is not expressly stated in our radio ads, billboards, or website banner ads. |
| Government Assistance | Schedule E, Part I, Line 6a | Friends University receives pass-through financial aid from Pell, SEOG, Perkins, and direct lending. This aid is received and disbursed to the student account to defer tuition, fees, housing, and other charges. Excess aid is refunded to the student. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Telethon | NameOfEvent1 |
| Gross Receipts Event1 | 70048 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 70048 | CharitableContributionsEvent1 |
| Food And Beverage Event1 | 376 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 38258 | OtherDirectExpensesEvent1 |
| Name Of Event2 | Great Conv. | NameOfEvent2 |
| Gross Receipts Event2 | 4191 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 1410 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 2781 | GrossRevenueEvent2 |
| Rent Facility Costs Event2 | 1766 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 4748 | FoodAndBeverageEvent2 |
| Entertainment Event2 | 5950 | EntertainmentEvent2 |
| Other Direct Expenses Event2 | 6084 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 11059 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 8069 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 2990 | GrossRevenueOtherEvents |
| Food And Beverage Other Events | 542 | FoodAndBeverageOtherEvents |
| Other Direct Expenses Other Events | 5878 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 85298 | GrossReceiptsTotal |
| Charitable Contributions Total | 79527 | CharitableContributionsTotal |
| Gross Revenue Total Events | 5771 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 1766 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 5666 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 5950 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 50220 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 63602 | DirectExpenseSummaryEvents |
| Net Income Summary | -57831 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (7 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| ACADEMIC SCHOLARSHIPS | 752 | 3392500 |
| ATHLETIC SCHOLARSHIPS | 402 | 1543195 |
| INSTITUTIONAL ENDOWED SCHOLARSHIPS | 122 | 218398 |
| INSTITUTIONAL FINE ARTS SCHOLARSHIPS | 315 | 928775 |
| INSTITUTIONAL GRANTS | 313 | 693501 |
| INSTITUTIONAL RESTRICTED SCHOLARSHIPS | 53 | 71405 |
| OTHER INSTITUTIONAL SCHOLARSHIPS/WAIVERS | 490 | 1764713 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Use of Grant Funds Inside U.S. | Identifier |
| Return Reference | Schedule I, Part I, Line 2 | ReturnReference |
| Explanation | THE USE OF GRANT FUNDS IS MONITORED THROUGH THE PRACTICE OF DIRECTLY APPLYING SCHOLARSHIP FUNDS TO THE STUDENT ACCOUNT AT THE UNIVERSITY TO OFFSET TUITION AND FEES. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (4 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TJ Arant | ||||||||||||||
| President | 198305 | 0 | 0 | 0 | 4354 | 0 | 7000 | 0 | 38962 | 0 | 248621 | 0 | 0 | 0 |
| Randy Doerksen | ||||||||||||||
| VP, Admin & Finance | 144636 | 0 | 0 | 0 | 716 | 0 | 10472 | 0 | 33923 | 0 | 189747 | 0 | 0 | 0 |
| Steve Klein | ||||||||||||||
| VP, Enrollment Management | 132712 | 0 | 0 | 0 | 883 | 0 | 0 | 0 | 19509 | 0 | 153104 | 0 | 0 | 0 |
| Carole Obermeyer | ||||||||||||||
| VP, Student Affairs | 131135 | 0 | 0 | 0 | 1111 | 0 | 9412 | 0 | 10298 | 0 | 151956 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Housing allowance or residence for personal use | Schedule J, Part I, Line 1a | The University President is required by contract to live in a University-provided house adjacent to campus. |
| Travel for companions | Schedule J, Part I, Line 1a | Companion travel is considered taxable if funded by the university and added to W-2 taxable wages accordingly. |
| Health or social club dues or initiation fees | Schedule J, Part I, Line 1a | The University paid one club membership for the President; portions of use are considered taxable and reported as income on the President's Form W-2. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KANSAS INDEPENDENT COLLEGE FINANCE AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 481233911 | IssuerEIN |
| CUSIP Number | 48526HWM4 | CUSIPNumber |
| Date Issued | 2012-03-13 | DateIssued |
| Issue Price | 16040000 | IssuePrice |
| Description Of Purpose | REFINANCE '02/'06/'09 BONDS | DescriptionOfPurpose |
| Defeased | false | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Pool Financing | false | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Amount Retired | 0 | AmountRetired |
| Amount Bond Defeased | 0 | AmountBondDefeased |
| Total Proceeds | 16040000 | TotalProceeds |
| Amount In Reserve Fund | 500000 | AmountInReserveFund |
| Capitalized Interest | 0 | CapitalizedInterest |
| Refunding Escrow | 0 | RefundingEscrow |
| Issuance Costs From Proceeds | 317623 | IssuanceCostsFromProceeds |
| Credit Enhancement | 0 | CreditEnhancement |
| Working Capital Expenditures | 16010627 | WorkingCapitalExpenditures |
| Capital Expenditures | 0 | CapitalExpenditures |
| Other Spent Proceeds | 0 | OtherSpentProceeds |
| Amount Unspent | 0 | AmountUnspent |
| Current Refunding | true | CurrentRefunding |
| Advance Refunding | false | AdvanceRefunding |
| Final Allocation Made | true | FinalAllocationMade |
| Adequate Books And Recds Maintaind | true | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedProperty |
| Any Lease Arrangements | false | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | false | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | false | AnyResearchAgreements |
| Prcntge Prvt Business Use By Others | 0.00000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUse |
| Bond Iss Meet Prvt Security Pay Test | false | BondIssMeetPrvtSecurityPayTest |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedProp |
| Remedial Action Taken | false | RemedialActionTaken |
| Non Qualified Bond Remed Procdrs | true | NonQualifiedBondRemedProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiled |
| Rebate Not Due Yet | false | RebateNotDueYet |
| Exception To Rebate | true | ExceptionToRebate |
| No Rebate Due | false | NoRebateDue |
| Variable Rate Issue | false | VariableRateIssue |
| Hedge Identified In Books And Recds | false | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGIC |
Name Of GIC Provider NameOfGICProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested | false | GrossProceedsInvested |
| Written Proc To Monitor Reqs | true | WrittenProcToMonitorReqs |
Form990 Schedule K Part V Form990ScheduleKPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Proc To Undertk Corrective Action | false | ProcToUndertkCorrectiveAction |
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII (2 entries)
| Amount Of GrantAmountOfGrant | Type Of AssistanceTypeOfAssistance | Purpose Of AssistancePurposeOfAssistance |
|---|---|---|
| 31801 | Scholarship | Education |
| 33156 | Remission | Education |
Form990 Schedule L Part V Form990ScheduleLPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | GRANTS AND ASSISTANCE TO INTERESTED PERSONS | Identifier |
| Return Reference | PART III | ReturnReference |
| Explanation | SCHOLARSHIPS GIVEN TO INDIVIDUALS IN PART III OF SCHEDULE L ARE THE SAME SCHOLARSHIPS AVAILABLE TO ALL STUDENTS AND ADHERE TO THE SAME PROCEDURES AND QUALIFICATIONS. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Delegation of Authority | Form 990, Part VI, Line 1a | The University's bylaws establish an Executive Committee consisting of seven members, including the Chair, Vice Chair, Secretary, and Treasurer of the Board of Trustees, the President of the University, and two at-large trustees. The Executive Committee shall have authority to act for the Board of Trustees on all matters except for the following, which shall be reserved for the board: Presidential selection and termination; Board trustee and officer election; Changes in institutional mission and purposes; Changes to the Articles of Incorporation; Adoption of the annual budget; and Conferral of degrees. |
| Form 990 Review Process | Form 990, Part VI, Line 11b | The review of the form 990 is the culmination of the year-end process. The form 990 is reviewed by administrative personnel for accuracy and completeness. The data is considered relative to prior year and current year financial statements. In addition, the audit/finance committee of the board review the Form 990 before filing with the IRS. The 990 is provided to the Full Board in paper copy at the February meeting each year, prior to filing with the IRS. |
| Conflict of Interest Policy Monitoring & Enforcement | Form 990, Part VI, Line 12c | Conflict of Interest Forms are provided three times a year; one at each board meeting and one in the summer. A summary is compiled and sent via e-mail to the board chair for review at the next board meeting. The Compensation and Conflicts Committee identifies, on an annual basis, a list of persons having a conflict. In addition, all interested persons should report any conflict that arises in the interim. If a conflict arises, the person having the conflict shall leave the board or committee meeting while the matter is discussed and be prohibited from voting on the matter. |
| Process for Determining Compensation | Form 990, Part VI, Lines 15a & 15b | The compensation and conflicts committee is responsible for reviewing executive compensation and presidential expense accounts. The university annually participates in several nationally recognized compensation surveys with other colleges and universities. Pay for officers and key employees is in alignment with pay at other private universities of similar size and nature. |
| How Documents are Made Available to the Public | Form 990, Part VI, Line 19 | The University does not make its governing documents, conflict of interest policy, or financial statements available to the public. |
| Other Changes in Net Assets | Form 990, Part XI, Line 9 | Rounding $58 |
| Financial Accounts in Foreign Countries | Form 990, Part V Line 4 | The University's financial interest is within the confines of hedge investments only. |