2014-04-07T18:06:21-05:00 2013-05-31 272616366 EBELHAR WHITEHEAD PLLC 100 WEST THIRD STREET SUITE 200 OWENSBORO KY 42303 990 2012-06-01 610660795 BRESCIA UNIVERSITY INC BRES 2706864239 717 FREDERICA STREET OWENSBORO KY 423013023 DALE R CECIL 2706864239 2014-03-24 1 JOSHUA D MEYER CPA P01229485 2709262922 2012 2015-11-30 17:44:51Z FR LARRY HOSTETTER 616 CRITTENDEN STREET OWENSBORO KY 42301 23502485 0 X WWW.BRESCIA.EDU X 1950 KY CATHOLIC INSTITUTION OFFERING UNDERGRADUATE AND GRADUATE EDUCATION IN THE URSULINE TRADITION, EMPHASIZING THE LIBERAL ARTS TO PREPARE ITS STUDENTS FOR SUCCESSFUL CAREERS AND FOR SERVICE TO OTHERS. 37 33 341 37 0 0 1484118 1528843 11896008 13686795 172387 1013219 30123 9013 13582636 16237870 3297740 3964737 0 0 6053434 6694824 130 4439 264650 4443833 5051443 13795137 15715443 -212501 522427 23068416 24519042 5825617 5991952 17242799 18527090 CATHOLIC INSTITUTION OFFERING UNDERGRADUATE AND GRADUATE EDUCATION IN THE URSULINE TRADITION, EMPHASIZING THE LIBERAL ARTS TO PREPARE ITS STUDENTS FOR SUCCESSFUL CAREERS AND FOR SERVICE TO OTHERS. 0 0 14104732 3964737 13686795 UNDERGRADUATE AND GRADUATE EDUCATION 14104732 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 964 0 1 341 1 0 0 0 0 0 0 0 0 0 0 X 37 33 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 KY X DALE R CECIL 2706864239 717 FREDERICA STREET OWENSBORO KY 42301 J EDWARD BRADLEY 1.00 X 0 0 0 LARK BUCKMAN 1.00 X 0 0 0 JAMIE BUSKILL 1.00 X 0 0 0 KEVIN CARRICO 1.00 X 0 0 0 PATRICK CASON 0.00 X 0 0 0 CARLA CRESPO 0.00 X 0 0 0 CHRIS FORD 40.00 X X 44265 0 18143 CARL GREENWELL 0.00 X 0 0 0 SUSIE HARRIS 0.00 X 0 0 0 JULIA HEAD 0.00 X 0 0 0 RICK HIGDON 0.00 X 0 0 0 DARRELL HIGGINBOTHAM 0.00 X 0 0 0 LARRY HOSTETTER 37.50 X 70745 0 11013 CHARLES KAMUF 0.00 X 0 0 0 CAROL MAILLET 37.50 X 56736 0 9831 WILLIAM MEDLEY 0.00 X 0 0 0 JOSEPH MOORE 0.00 X 0 0 0 LARRY O'BRYAN 0.00 X 0 0 0 KATHRYN RAYMER 0.00 X 0 0 0 MICHAEL REYNOLDS 0.00 X 0 0 0 ROY ROBERTS 0.00 X 0 0 0 KEVIN SCHWARTZ 0.00 X 0 0 0 CAROL SHIVELY 0.00 X 0 0 0 VICKI STOGSDILL 0.00 X 0 0 0 GLENN STURM 0.00 X 0 0 0 SHARON SULLIVAN 0.00 X 0 0 0 ERNIE TALIAFERRO 0.00 X 0 0 0 THOMAS THOMPSON 0.00 X 0 0 0 WILLIAM WRIGHT 0.00 X 0 0 0 WILLIAM YOUNG 0.00 X 0 0 0 ROBERT BEST 0.00 X 0 0 0 JOSEPH ANGELA BOONE 0.00 X 0 0 0 SAM DUNLANEY 0.00 X 0 0 0 JOHN MCRAITH 0.00 X 0 0 0 DONALD RINEY 0.00 X 0 0 0 WAITMAN TAYLOR 0.00 X 0 0 0 RONALD TISCH 0.00 X 0 0 0 DALE CECIL 37.50 X 78008 0 8382 STEPHEN TODD BROCK 37.50 X 82408 0 16521 CHRIS HOUK 37.50 X 76725 0 9796 CHERYL CLEMONS 37.50 X 0 0 0 JAMES FITZPATRICK 37.50 X 59772 0 10212 TRACY NAYLOR 37.50 X 43097 0 9224 511756 0 93122 0 0 0 0 CANTEEN SERVICE COMPANY PO BOX 1785 OWENSBORO KY 42302 STUDENT DINING 468222 LEARNING HOUSE INC 333 GUTHRIE ST SUITE 200 LOUISVILLE KY 40202 ONLINE COURSES 386627 ROYALL & COMPANY 1920 E PARHAM RD RICHMOND VA 23228 MARKETING SERVICES 140630 3 612634 916209 24505 1528843 TUITION & FEES 611600 11503836 11503836 AUXILIARY INCOME 611600 2025378 2025378 MISC STUDENT SERVICES 611600 141830 141830 STUDENT LOAN INTEREST 611600 15751 15751 13686795 286833 286833 158892 150729 8163 8163 8163 7495041 1800 6770455 0 724586 1800 726386 726386 344281 343431 850 850 16237870 13687645 0 1021382 3964737 3964737 669639 570737 98902 4748146 4249758 430733 67655 152806 139170 12091 1545 823363 763394 47142 12827 300870 268660 27673 4537 1624 1624 42416 42416 4439 4439 91024 91024 664281 664281 297547 251710 45837 652236 652236 67481 67481 570759 570759 420278 391370 28908 4032 4032 211711 211711 729829 729829 194507 194507 STUDENT MEALS 469202 469202 REPAIRS & MAINTENANCE 420871 420871 BAD DEBTS 213645 213645 15715443 14104732 1346061 264650 457551 720734 101370 3384 205975 388243 1260916 1180310 40745 40007 52400 31285 26501950 15668486 10888901 10833464 9791271 11306818 269287 14797 23068416 24519042 674758 732571 97280 145422 1298158 1147847 2748014 2965026 1007407 1001086 5825617 5991952 X 6845677 6941130 1037699 1860236 9359423 9725724 17242799 18527090 23068416 24519042 522427 761864 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9606341 96103 1660655 357010 17906 10988183 10351168 177499 -519671 379271 23384 9606341 8319991 614065 1671405 224984 29309 10351168 7129017 290785 975574 75385 8319991 9312709 53991 -2176042 61641 7129017 0.03180 0.86050 0.10770 1 0 45861 16922204 9558502 7409563 4431249 3785979 645270 5102636 2324005 2778631 10833464 AGENCY FUND 4267 ANNUITIES PAYABLE 68630 FED GOVT ADVANCES 704846 ASSET RETIREMENT OBLIGATION 223343 1001086 X 12523395 32700 494160 526860 11996535 91024 4150311 4241335 16237870 12492842 32700 494160 526860 11965982 91024 3658437 3749461 15715443 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS ARE INTENDED TO BE USED FOR SCHOLARSHIPS, CAMPUS MAINTENANCE, AND ACADEMIC CHAIRS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND A SIMILAR PROVISION OF STATE LAW. HOWEVER, THE UNIVERSITY IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. THE UNIVERSITY IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION. THE UNIVERSITY IS CLASSIFIED AS A PUBLIC CHARITY QUALIFIED FOR CHARITABLE CONTRIBUTIONS UNDER IRC SECTION 170. THE UNIVERSITY FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. WITH A FEW EXCEPTIONS, THE UNVERSITY IS NO LONGER SUBJECT TO U.S. FEDERAL EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2010. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 150,729. COGS 343,431. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION REMISSION/SCHOLARSHIP 3,635,008. NON-OPERATING INVESTMENT INCOME/LOSS 515,303. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 150,729. COGS 343,431. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION REMISSION/SCHOLARSHIP 3,635,008. CHANGE IN STUDENT LOAN RESERVE 23,429. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 CATALOG AND SOLICITATION MATERIAL HAVE STATEMENTS REGARDING NONDISCRIMINATION. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES ASSISTANCE FROM TITLE IV FINANCIAL AID AND TRIO GRANT. 1 EDUCATIONAL SCHOLARSHIPS/GRANTS 756 3964737 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE UNIVERSITY FINANCIAL AID OFFICE AWARDS GRANTS BASED ON DOE TITLE IV REGULATIONS AND UNIVERSITY APPROVED POLICIES. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION WILL DISTRIBUTE A DRAFT OF THE FORM 990 VIA E-MAIL TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES WHICH REPRESENTS THE CHAIR OF EACH OF THE BOARD COMMITTEES, PREVIOUS BOARD CHAIR, BISHOP OF DIOCESE OF OWENSBORO, AND THE CONGREGATIONAL LEADER OF ST. JOSEPH FEMALE URSULINE ACADEMY. FORM 990, PART VI, SECTION B, LINE 12C ANY TRANSACTIONS/DECISIONS THAT COULD HAVE POTENTIAL CONFLICT ARE MONITORED BY THE PRESIDENT, CABINET AND BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S TOP MANAGEMENT OFFICIALS AND OTHER KEY EMPLOYEES RECEIVED A COMPENSATION REVIEW IN 2012 BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC.