2014-04-10T16:51:24-07:00 2013-05-31 990 2012-06-01 431685651 GRACELAND COLLEGE CENTER FOR PROF DEV & LIFELONG LEARNING INC GRAC 9137485082 6900 Squibb Road Mission KS 66202 John Cave 9133623900 2014-04-10 2012 2015-11-30 17:44:51Z John A Cave 6900 Squibb Rd Mission KS 66202 54069525 0 X skillpath.com X 1994 MO Lifelong Professional Development & Continuing Education for Adults 8 7 226 0 0 0 0 0 55251465 47922978 9212 7039 4312215 4048636 59572892 51978653 4000000 1200000 0 0 12421191 13078793 0 0 0 43314744 37531997 59735935 51810790 -163043 167863 23993926 23086417 13398071 12322699 10595855 10763718 Lifelong Professional Development & Continuing Education for Adults 0 0 36011479 0 51978653 The organization presented approximately 12,500 seminars to in excess of 150,000 participants for continuing education and professional and personal development. 0 0 0 36011479 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 426 0 1 226 1 0 1 UK AS CA NZ 0 0 0 0 X 8 7 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA KS MO X X Graceland College Center for Professional Development and Lifelong Learning Inc 9137485082 6900 Squibb Road Attn Abby Sitzmann Mission KS 66201 Jack Cave 5 1 X 0 0 0 Denise Dudley 5 1 X 0 0 0 Jennings J Newcom 5 3 X 0 0 0 Dwayne Shannon 5 0 X 0 0 0 Cherry Hartnett 5 1 X 0 0 0 Cheryl Hansen 5 1 X 0 0 0 Bill Pennington 5 5 X 0 0 0 Bob White 5 1 X 0 0 0 John Sellers 5 80 X 0 270215 28164 Robb Garr 60 0 X X X 471213 0 14049 Janice Tiffany 5 50 X 0 95048 4611 Ray Liggett 60 0 X X X 313768 0 14049 Sheri Brown 40 0 X X 52997 0 7879 Eric Snider 60 0 X X X 371163 0 11299 Chad Braymer 60 0 X X X 356278 0 11299 Shane Snider 60 0 X X X 310931 0 11299 Theresa Morgan 50 0 X 187076 0 9083 Shari Wilkens 50 0 X 260544 0 11166 Lynn Jackson 50 0 X 144298 0 7322 Shari Achille 50 0 X 134192 0 8967 Maria Surgnier 40 0 X 144184 0 11057 Amanda Lewis 40 0 X 180625 0 9031 Tara Brumm 40 0 X 185070 0 10889 3112339 365263 170164 18 0 1 0 0 0 Professional Development and Con Education 611430 47922978 47922978 0 0 0 0 0 0 47922978 7039 7039 0 0 0 0 0 0 0 0 0 0 348948 0 370578 0 -21630 0 -21630 -21630 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5790560 1720294 4070266 4070266 0 0 0 51978653 51978653 0 0 1200000 1200000 0 0 0 0 0 0 2245362 0 2245362 0 0 0 0 0 7261220 0 7261220 0 218211 0 218211 0 2623610 0 2623610 0 730390 0 730390 0 0 0 0 0 109966 0 109966 0 216518 0 216518 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 17462274 17443654 18620 0 93087 0 93087 0 0 0 0 0 0 0 0 0 1267593 143040 1124553 0 39535 0 39535 0 0 0 0 0 16568396 16568396 0 0 0 0 0 0 0 0 0 0 229314 0 229314 0 158916 0 158916 0 1386398 656389 730009 0 51810790 36011479 15799311 0 4638793 4396832 1890580 1896942 0 0 3840520 3891377 0 0 0 0 0 0 854618 793937 5345161 4940964 11921674 4784043 7389287 7137631 0 0 0 0 0 0 0 0 34967 28734 23993926 23086417 6632843 5898585 0 0 6765228 6424114 0 0 0 0 0 0 0 0 0 0 0 0 13398071 12322699 X 10595855 10763718 0 0 0 0 10595855 10763718 23993926 23086417 167863 0 0 0 0 0 X 0 1 X 1 0 X 0 0 0 0 0 0 83916101 56532768 60048382 61683683 53713538 315894472 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 83916101 56532768 60048382 61683683 53713538 315894472 0 0 0 0 0 0 0 0 0 0 315894472 526956 350937 344325 377776 355987 1955981 0 0 0 0 0 0 526956 350937 344325 377776 355987 1955981 0 0 0 0 0 0 0 0 0 0 0 0 84443057 56883705 60392707 62061459 54069525 317850453 0.99385 0.99377 0.00615 0.00623 X 0 2638100 2638100 0 5542598 2115441 3427157 0 2331627 1552391 779236 0 1004259 776288 227971 0 405090 339923 65167 7137631 0 0 X 54069525 0 0 0 2090872 2090872 51978653 0 0 0 51978653 53901662 0 0 0 2090872 2090872 51810790 0 0 0 51810790 SchD_P10_S00_L02 Schedule D, Part X, Line 2 The Center is exempt from income taxes under provisions of Section 501(c)(3) of the Internal Revenue Code. Uncertain tax provisions, if any, are recorded in accordance with FASB ASC 740, Income Taxes (previously FIN 48). FASB ASC 740 requires the recognition of a liability for tax positions taken that do not meet the more-likely-than not standard that the position will be sustained upon examination by the taxing authorities. There is no liability for uncertain tax positions recorded as of May 31, 2013, and May 31, 2012. SchD_P11_S00_L02d Schedule D, Part XI, Line 2d Cost of goods sold related to sales of inventory is deducted from revenue on the 990 but not the audited financial statements. Rental expense is deducted from rental income on the 990 but not on the audited financial statements. SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Cost of goods sold related to sales of inventory is deducted from revenue on the 990 but not the audited financial statements. Rental expense is deducted from rental income on the 990 but not on the audited financial statements. East Asia and the Pacific 0 0 Program Services Adult Continuing Education and Professional Development programs 3095982 Europe (including Iceland and Greenland) 0 0 Program Services Adult Continuing Education and Professional Development programs 176864 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Adult Continuing Education and Professional Development programs 1803541 0 0 5076387 0 0 0 0 0 0 1 Graceland University 1 University Place Lamoni IA 50140 420707114 501c3 1200000 0 cash Grants made to Graceland University, Lamoni, Iowa, a fully accredited 501(c)(3) educational institution. Funds are used to further the educational mission of the University. Relationship between the entities makes it possible to assure that funds are used in furtherance of the mission. 1 0 SchI_P01_S00_L02 Schedule I, Part I, Line 2 Grants made to Graceland University, Lamoni, Iowa, a fully accredited 501(c)(3) educational institution. Funds are used to further the educational mission of the University. Relationship between the entities makes it possible to assure that funds are used in furtherance of the mission. X X X X X X 0 0 0 0 0 1 0 0 0 Robb Garr 373341 0 48127 0 49745 0 11250 0 2799 0 485262 0 542733 0 Ray Liggett 253901 0 29524 0 30343 0 11250 0 2799 0 327817 0 372351 0 Eric Snider 292900 0 34020 0 44243 0 8500 0 2799 0 382462 0 428402 0 Chad Braymer 288151 0 33412 0 34715 0 8500 0 2799 0 367577 0 415101 0 Shane Snider 247340 0 28917 0 34674 0 8500 0 2799 0 322230 0 361650 0 John Sellers 0 180250 0 0 0 89965 0 20000 0 8164 0 298379 0 208120 Shari Wilkens 117531 0 126357 0 16656 0 8500 0 2666 0 271710 0 278388 0 Theresa Morgan 163503 0 487 0 23086 0 7749 0 1334 0 196159 0 224673 0 Tara Brumm 40190 0 144837 0 43 0 8500 0 2389 0 195959 0 231515 0 Amanda Lewis 50401 0 130154 0 70 0 7616 0 1415 0 189656 0 198505 0 Maria Surgnier 78012 0 64626 0 1546 0 8500 0 2557 0 155241 0 0 0 Lynn Jackson 116972 0 11224 0 16102 0 4650 0 2672 0 151620 0 176659 0 SchJ_P01_S00_L03 Schedule J, Part I, Line 3 The CEO's pay is set annually by the Board based on a recommendation of the Compensation Committee (composed of independent members of the governing board). The recommendation is developed by working with an independent compensation consulting firm. SchJ_P01_S00_L06 Schedule J, Part I, Line 6 Certain officers and certain key employees participate in an incentive plan that is based on multiple metrics including the achievement of individual and group annual goals, measured client satisfaction, the number of clients served, and the management of controllable expenses relative to revenue. There is a cap on the incentive amount as well as a threshold performance standard that must be met before any incentive is earned. Certain employees participate in an incentive\commission plan that is based on the achievement of goals related to the sales of group training. F990_P06_S0A_L02 Form 990, Part VI, Section A, Line 2 EVP Marketing Eric Snider and EVP MIS Shane Snider are brothers. F990_P06_S0A_L06 Form 990, Part VI, Section A, Line 6 Corporation has one sole member - Graceland University, Lamoni, Iowa, a 501(c)(3) corporation. F990_P06_S0A_L07a Form 990, Part VI, Section A, Line 7a Graceland University of Lamoni, Iowa, a 501(c)(3) corporation, is the sole member. The Board of Trustees of the University selects the Board Members of the Center. F990_P06_S0A_L07b Form 990, Part VI, Section A, Line 7b Graceland University, the sole member, could in certain situations override decisions made by the governing body. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The Corporate Controller of the Center prepares the 990. The Form 990 is reviewed by the President. The Form 990 is then made available to all members of the Board of Directors who are then asked to review the Form 990. The directors may submit questions about the information in the 990 to the Corporate Controller or the President. Any questions received are appropriately responded to prior to the finalization and timely filing of the Form 990 with the IRS. On an as needed basis the Corporate Controller may consult with the company's independent audit firm and or the company's outside legal counsel when advice or direction is needed. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The Board of Directors approve any changes to the Conflict of Interest Policy. A copy is given to the Directors annually and they are asked at that time to provide a written disclosure as to whether they or any of their family members have engaged in any activities that are or may appear to be a conflict of interest with regard to their service as a Director. Any reported conflicts or potential conflicts are reviewed by the Board to determine what action will be taken. The organization is also small enough to know who their vendors are and are able to determine if there appears to be any conflicts of interest with a given vendor. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The Board of Directors reviews and establishes the total compensation for the officers and key employees on an annual basis. The Board utilizes an independent third party compensation consulting firm with experience in analyzing and recommending compensation practices in order to fairly conduct the annual review. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 All such documents are made available upon request. Documents are provided either in an electronic format or in hard copy depending on the preference of the requesting party. The 990 is also available through independent websites such as guidestar.org. Graceland University 1 University Drive Lamoni IA 50140 420707114 An accredited University IA 501c3 2 N/A 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Graceland University b 1200000 Gifts are made to Graceland University, Lamoni, IA, a fully accredited 501(c)(3) educational institution. Funds are used to further the educational mission of the University. The relationship between the governing boards of the two organizations makes it possible to assure that funds are used in furtherance of the mission of the University. The total annual amount is determined based on the needs of the receiving institution and the governing body has the responsibility to assure that the funds are used in the furtherance of the exempt purpose. Not late, extensions received.