2014-03-17T10:07:36-05:00 2013-05-31 752393478 WHITLEY PENN LLP 3411 RICHMOND AVE SUITE 500 HOUSTON TX 77046 990 2012-06-01 741193459 SCHREINER UNIVERSITY SCHR 8307927368 2100 MEMORIAL BLVD KERRVILLE TX 78028 BILL MUSE 8307927368 2014-03-05 1 WHITLEY PENN LLP P00445178 7136211515 2012 2015-11-30 17:44:51Z BILL MUSE 2100 MEMORIAL BLVD KERRVILLE TX 78028 31879997 0 X WWW.SCHREINER.EDU X 1923 TX SCHREINER IS DEDICATED TO EXCELLENCE IN PREPARING STUDENTS TO LIVE PURPOSEFUL, HUMANE AND PRODUCTIVE LIVES IN THEIR WORK, FAITH GROUPS, FAMILIES AND COMMUNITIES. 35 35 752 148 0 0 2602641 5979671 23756211 24030993 189180 126684 267960 253951 26815992 30391299 2018200 2063462 0 0 12653740 12940980 59219 0 1287045 11112971 11874558 25844130 26879000 971862 3512299 111228050 119585824 18599804 17422867 92628246 102162957 X AS A UNIVERSITY COMMITTED TO THE LIBERAL ARTS AS FUNDAMENTAL TO EDUCATION AND COMMITTED TO ITS AFFILIATION WITH THE PRESBYTERIAN CHURCH (USA), SHREINER IS DEDICATED TO EXCELLENCE IN PREPARING STUDENTS TO LIVE PURPOSEFUL, HUMANE AND PRODUCTIVE LIVES IN THEIR WORK, FAITH GROUPS, FAMILIES AND COMMUNITIES. SCHREINER IS DEDICATED PRIMARILY TO EDUCATE UNDERGRADUATE STUDENTS IN THE LIBERAL ARTS, SCIENCES, AND PROFESSIONAL DISCIPLINES, PREPARING THEM FOR ENTRY INTO SPECIFIC CAREERS AND GRADUATE OR PROFESSIONAL PROGRAMS. THE UNIVERSITY ALSO FULFILLS ITS MISSION THORUGH SELECTED GRADUATE, CERTIFICATE, AND OTHER PROFESSIONAL DEVELOPMENT PROGRAMS. SCHREINER UNIVERSITY IS ACCREDITED BY THE COMMISSION ON COLLEGES OF THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS TO AWARD MASTERS, BACCALAUREATE AND ASSOCIATE DEGREES. THE UNIVERSITY ALSO HOLDS ACCREDITATION BY THE TEXAS BOARD OF VOCATIONAL NURSE EXAMINERS AND IS APPROVED BY THE STATE BOARD OF EDUCATOR CERTIFICATION (SEBC)FOR TEACHER CERTIFICATION. 0 0 11975572 14929735 INSTRUCTIONAL, STUDENT SERVICES, AND ACADEMIC SUPPORT: SCHREINER UNIVERSITY OFFERS UNDERGRADUATE DEGREES IN LIBERAL ARTS, SCIENCES AND MATHEMATICS, AND PROFESSIONAL STUDIES. THE UNIVERSITY ALSO HAS A GRADUATE PROGRAM FOR A MASTER OF EDUCATION DEGREE. 2063462 2063462 SCHREINER PROVIDED 1,096 STUDENTS WITH SCHOLARSHIPS AND GRANTS TO ASSIST WITH EARNING A DEGREE AT THE UNIVERSITY. 9098176 9101258 THE UNIVERSITY PROVIDES HOUSING TO STUDENTS AND INSTITUTIONAL SUPPORT TO THE EDUCATIONAL DEPARTMENTS ON CAMPUS. 23137210 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 63 0 1 752 1 0 0 0 0 0 1 1 0 0 0 0 X 35 35 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X BARBARA VON BRANDT-SIEMERS 8308965411 2100 MEMORIAL BLVD KERRVILLE TX 78028 WALTER DUNLAP 1.00 X 0 0 0 ATANACIO CAMPOS 1.00 X 0 0 0 DEAN KRUEGER 1.00 X 0 0 0 JANE RAGSDALE 1.00 X 0 0 0 WILLIAM REID 1.00 X 0 0 0 ROBERT SCOTT 1.00 X 0 0 0 STUART BASKIN 1.00 X 0 0 0 PHILIP HERING 1.00 X 0 0 0 ANGIE RICHMOND 1.00 X 0 0 0 CHARLES SAPP 1.00 X 0 0 0 WALTER WORKMAN 1.00 X 0 0 0 JAMES ALSUP 1.00 X 0 0 0 TOM BALDWIN 1.00 X 0 0 0 SUSAN STEPHENS BROOKS 1.00 X 0 0 0 GARY ALLEN CROZIER 1.00 X 0 0 0 BILL HARRISON 1.00 X 0 0 0 THOMAS WEIR LABATT III 1.00 X 0 0 0 RICHARD MARRS 1.00 X 0 0 0 ISRAEL PENA 1.00 X 0 0 0 STUART SILVA 1.00 X 0 0 0 J B COSKEY 1.00 X 0 0 0 BILL WILSON 1.00 X 0 0 0 JAMES AVERY 1.00 X 0 0 0 PETER BALDWIN 1.00 X 0 0 0 ANNE COMPTON 1.00 X 0 0 0 JOHN WURSTER 1.00 X 0 0 0 JIMMIE PESCHEL 1.00 X 0 0 0 DARREL RICE 1.00 X 0 0 0 DEMMIE MAYFIELD 1.00 X 0 0 0 NANCY PAUP 1.00 X 0 0 0 MICHAEL PATE 1.00 X 0 0 0 MAX SHERMAN 1.00 X 0 0 0 FRANK MARESH 1.00 X 0 0 0 VICKY PAPPAS 1.00 X 0 0 0 NICHOLAS SERAFY 1.00 X 0 0 0 BRIAN SULLIVAN 1.00 X 0 0 0 BILLY WILKINSON 1.00 X 0 0 0 NANCY ANGUISH 1.00 X 0 0 0 MARK CLEMENTS 1.00 X 0 0 0 JANET MCKINNEY 1.00 X 0 0 0 LEA NYE 1.00 X 0 0 0 ROBERT PARKER 1.00 X 0 0 0 DEAN POGUE 1.00 X 0 0 0 TIM SUMMERLIN 40.00 X 198390 0 11903 BILL MUSE 40.00 X 147262 0 5158 CHARLIE MCCORMICK 40.00 X 132892 0 7974 PEG LAYTON 40.00 X 134371 0 8062 CANDICE SCOTT 40.00 X 100639 0 6038 MARK TUSCHAK 40.00 X 149661 0 8811 LANE TAIT 40.00 X 73579 0 4415 KAREN DAVIS KILGORE 40.00 X 102220 0 0 1039014 0 52361 7 0 1 0 GLAHI TRUST 200 SOUTH WALKER STE 1000 CHICAGO IL 60606 INSURANCE 1792330 SODEXO MARRIOTT 2100 MEMORIAL BLVD KERRVILLE TX 78028 FOOD SERVICES 1685163 KERRVILLE PUBLIC UTILITIES 2250 MEMORIAL BLVD KERRVILLE TX 78029 UTILITY 622169 CITY OF KERRVILLE 1012 WATER STREET KERRVILLE TX 78028 WATER AND SEWER SERVICES 391912 KERRVILLE LANDSCAPING 512 JEFFERSON KERRVILLE TX 78028 LANDSCAPING SERVICES 367587 26 5979671 669516 5979671 TUITION AND FEES 611600 14929735 14929735 HOUSING AND MEALS 611710 6059142 6059142 ENDOWMENT INCOME-CURRENT OPERATIO 611710 2030210 2030210 OTHER INCOME 611710 966079 966079 MUSEUM & PRINT SHOP 611710 45827 45827 24030993 36637 36637 11953 0 11953 11953 11953 1051350 1175 962478 0 88872 1175 90047 90047 768218 526220 241998 241998 30391299 15171733 0 9239895 2063462 2063462 774544 266059 361630 146855 9609494 8287709 486010 835775 396665 317971 32797 45897 1432540 1002778 429762 727737 610753 49069 67915 10196 10196 111839 111839 239677 230084 8647 946 1531003 1191972 232340 106691 1269175 1269175 397080 335616 27235 34229 26851 24370 2275 206 583644 473149 110495 2838311 2838311 355133 31615 323518 FOOD SERVICE 1519781 1519781 REPAIRS/MAINTENANCE/EQU 741436 638385 101001 2050 MISCELLANEOUS 689571 689571 COLLEGE SEARCH/CAMPUS V 510434 510434 1050427 836015 167931 46481 26879000 23137210 2454745 1287045 1661703 2728331 658255 1982194 912783 752616 253420 166709 347603 292805 89017988 34704377 54935747 54313611 49057414 57428579 3401125 1920979 111228050 119585824 1660679 1620977 229050 35186 14716000 13678000 750000 750000 1244075 1338704 18599804 17422867 X 51523267 53610597 6861578 12053835 34243401 36498525 92628246 102162957 111228050 119585824 X 3512299 6019027 3385 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 50427035 1647285 8022899 2375010 57722209 50936102 365386 -874453 50427035 48899031 243330 1033340 -760401 50936102 40578859 230625 758131 -7331416 48899031 42673952 862906 -2957999 40578859 0.24740 0.63610 0.11650 0 0 1093508 1093508 53957556 34704377 19253179 15628213 15628213 18338711 18338711 54313611 ASSET RETIREMENT OBLIGATION 194293 CAPITAL LEASE OBLIGATION 332475 STUDENT AND OTHER DEPOSITS 811936 1338704 X 34876469 6019027 -2060077 3958950 30917519 -526220 -526220 30391299 25341759 526220 526220 24815539 2063461 2063461 26879000 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY HAD NO SOURCES OF UNRELATED BUSINESS INCOME AND ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR FEDERAL INCOME TAX. IN ADDITION, THE IRS HAS DETERMINED THAT THE UNIVERSITY IS NOT A PRIVATE FOUNDATION. HOWEVER, THE UNIVERSITY MAY BE SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME THAT IS DERIVED FROM ACTIVITIES NOT IN FURTHERANCE OF THE PURPOSES FOR WHICH IT WAS GRANTED EXEMPTION. THE UNIVERSITY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSITIONS ARE MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED. CHANGES IN RECOGNITION OR MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGMENT OCCURS. THE UNIVERSITY HAS ELECTED TO RECOGNIZE ACCRUED INTEREST AND PENALTIES RELATED TO INCOME TAX MATTERS, IF THEY OCCUR, AS A COMPONENT OF INCOME TAX EXPENSE. MANAGEMENT BELIEVES THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS AS OF MAY 31, 2013. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS RECLASSIFICATION -2,063,462. ENDOWMENT EARNINGS IN EXCESS OF DESIGNATED AMOUNT FOR CURRENT YEAR 3,385. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD RECLASSIFICATION -526,220. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD RECLASSIFICATION 526,220. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS RECLASSIFICATION 2,063,461. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 SCHOLARSHIPS TO STUDENTS 1096 2063462 0 N/A N/A PART I, LINE 2 THE UNIVERSITY PROVIDES SCHOLARSHIP, GRANT, LOAN AND WORK STUDY OPPORTUNITIES TO QUALIFIED STUDENTS. THESE FUNDS ARE OFFERED TO STUDENTS ON AN OBJECTIVE AND NONDISCRIMINATORY BASIS. EACH PROGRAM HAS DIFFERENT CRITERIA AND EACH CASE IS CONSIDERED SEPARATELY. THERE IS A WRITTEN POLICY AND GUIDELINES TO ASSIST STUDENTS AS THEY SEEK THE APPROPRIATE FINANCIAL AID PACKAGE. RECORDS ARE MAINTAINED FOR THE GRANTS AWARDED. X 0 0 0 0 0 0 0 0 0 TIM SUMMERLIN 198390 0 0 0 0 0 0 0 11903 0 210293 0 0 0 BILL MUSE 147262 0 0 0 0 0 0 0 5158 0 152420 0 0 0 MARK TUSCHAK 149661 0 0 0 0 0 0 0 8811 0 158472 0 0 0 A THE CITY OF TERELL HILLS 521830729 2010-11-04 15660000 REFUNDING BONDS 0 0 0 A 11047770 15660000 227732 4384499 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 X 7 654551 COST X EQUIPMENT 10 14965 COST/SELLING PRICE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS PREPARED BY THE CPA FIRM FROM THE AUDITED FINANCIAL STATEMENTS. THE FORM AND ALL SUPPORTING SCHEDULES ARE REVIEWED BY THE CONTROLLER AND OTHER OFFICERS OF THE UNIVERSITY. THE FORM 990 IS THEN PROVIDED TO THE MEMBERS OF THE FINANCE COMMITTEE VIA EMAIL. ONCE APPROVED THE RETURN IS FILED ELECTRONICALLY PER IRS REQUIREMENTS. FORM 990, PART VI, SECTION B, LINE 12C KEY EMPLOYEES, VOLUNTEERS AND BOARD MEMBERS MUST SIGN A CONFLICT OF INTEREST DISCLOSURE FORM EVERY YEAR. NEW VENDORS ARE ADDED AFTER THE REQUESTING EMPLOYEE HAS AFFIRMED THAT THERE ARE NO CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY AND THE BYLAWS ARE AVAILABLE ON THE UNIVERSITY'S WEBSITE. THE FINANCIAL STATEMENTS ARE AVAILABLE IN THE FINANCIAL SERVICES OFFICE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: ENDOWMENT EARNINGS IN EXCESS OF DESIGNATED AMOUNT FOR CURRENT YEAR 3,385. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS OF THE INDEPENDENT ACCOUNTANT DURING THE TAX YEAR.