RICHMOND THE AMERICAN INTL UNIVERSI TY IN LONDON INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- RICHMOND THE AMERICAN INTL UNIVERSI TY IN LONDON INC (EIN 06-1395640)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-02-14
- IRS object ID
- 201430459349302323
- Schema version
- 2012v2.1
- 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 F
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-02-14T14:37:09-06:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 061009205 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BLUM SHAPIRO & COMPANY PC CPA'S | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 29 S MAIN STREET PO BOX 272000 | AddressLine1 |
| City | WEST HARTFORD | City |
| State | CT | State |
| ZIP Code | 061272000 | 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 | 061395640 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RICHMOND THE AMERICAN INTERNATIONAL | BusinessNameLine1 |
| Business Name Line2 | UNIVERSITY IN LONDON INC | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | RICH | NameControl |
| Phone | 8605616875 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O BLUM SHAPIRO 29 SOUTH MAIN ST | AddressLine1 |
| City | WEST HARTFORD | City |
| State | CT | State |
| ZIP Code | 06127 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PROFESSOR JOHN ANNETTE | Name |
| Title | PRESIDENT | Title |
| Phone | 8605616875 | Phone |
| Date Signed | 2014-02-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ELIZABETH SOLECKI | Name |
| PTIN | P00235171 | PTIN |
| Phone | 8605614000 | 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 | PROFESSOR JOHN ANNETTE | NameOfPrincipalOfficerPerson |
Address Principal Officer Foreign AddressPrincipalOfficerForeign
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ORCHARD HOUSE QUEEENS ROAD | AddressLine1 |
| City | RICHMOND | City |
| Province Or State | SURREY | ProvinceOrState |
| Country | UK | Country |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 32628826 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.RICHMOND.AC.UK | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1972 | YearFormation |
| State Legal Domicile | DE | StateLegalDomicile |
| Activity Or Mission Description | TO BE AN INTERNATIONAL UNIVERSITY OFFERING HIGH QUALITY UNDERGRADUATE AND POSTGRADUATE EDUCATION, RESEARCH EXCELLENCE AND PUBLIC ENGAGEMENT. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 14 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 12 | NbrIndependentVotingMembers |
| Total Nbr Employees | 3 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1618359 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1132828 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 31448916 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 31477880 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 5153 | InvestmentIncomePriorYear |
| Investment Income Current Year | 4654 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -11700 | OtherRevenuePriorYear |
| Other Revenue Current Year | 13464 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 33060728 | TotalRevenuePriorYear |
| Total Revenue Current Year | 32628826 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 2575631 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 2382025 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 10128600 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 9734575 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 21041979 | OtherExpensePriorYear |
| Other Expenses Current Year | 20938289 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 33746210 | TotalExpensesPriorYear |
| Total Expenses Current Year | 33054889 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -685482 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -426063 | RevenuesLessExpensesCY |
| Total Assets BOY | 10132320 | TotalAssetsBOY |
| Total Assets EOY | 9259137 | TotalAssetsEOY |
| Total Liabilities BOY | 6771234 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 6398708 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 3361086 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 2860429 | NetAssetsOrFundBalancesEOY |
| Mission Description | RICHMOND EDUCATES A MULTI-CULTURAL STUDENT BODY IN THE LIBERAL ARTS TRADITION AND PROVIDES ITS STUDENTS WITH THE INTELLECTUAL AND PERSONAL SKILLS THAT WILL ENABLE THEM TO INFLUENCE AND SUCCEED IN AN INCREASINGLY INTER-DEPENDENT AND EVOLVING WORLD. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 28450789 | Expense |
| Grants | 2382025 | Grants |
| Revenue | 31477880 | Revenue |
| Description | THE UNIVERSITY HAS TAUGHT JUST UNDER 1,000 (FULL TIME EQUIVALENT) STUDENTS AT THE UNDERGRADUATE AND POST GRADUATE LEVEL. THE TEACHING TOOK PLACE AT THE UNIVERSITY'S CAMPUSES IN LONDON & LEEDS (UK) AND FLORENCE & ROME (ITALY). | Description |
| Total Program Service Expense | 28450789 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 1 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 1 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 3 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | UK | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 14 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 12 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | DE | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MR MICHAEL SMITH RICHMOND UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2083328200 | TelephoneNumber |
Address Foreign AddressForeign
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | QUEENS ROAD | AddressLine1 |
| City | RICHMOND, SURREY | City |
| Country | UK | Country |
| Postal Code | TW10 6JP | PostalCode |
Form990 Part VII Section A Form990PartVIISectionA (28 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| DR MARIAM ASSEFA | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DR VIVIAN DAY-STROH | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR GEORGE KING | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DR DEBORAH MCLEAN | |||||||
| VICE CHAIR & TREAS. (THROUGH 5/17/13) | 3.00 | X | 0 | 0 | 0 | ||
| MR A MICHAEL HOFFMAN | |||||||
| CHAIR OF TRUSTEES | 3.00 | X | 0 | 0 | 0 | ||
| DR CLIFFORD JOSEPH | |||||||
| SECRETARY TO THE BOARD | 3.00 | X | 0 | 0 | 0 | ||
| SIR CYRIL TAYLOR | |||||||
| CHANCELLOR OF UNIVERSITY | 3.00 | X | 0 | 0 | 0 | ||
| PROFESSOR JOHN ANNETTE | |||||||
| PRESIDENT OF UNIVERSITY | 40.00 | X | 0 | 0 | 345559 | X | |
| MR NEIL MEADOWS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DR NICHOLAS TATE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MRS WENDY MILLER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MRS AILSA BROOKES | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DR KEVIN EVERETT | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DAME MARY RICHARDSON | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR PETER WILLIAMS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| LORD ALAN WATSON | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR SAMI SULIEMAN | |||||||
| TRUSTEE (THROUGH 12/12/12) | 1.00 | X | 0 | 0 | 0 | ||
| MR VIJAY TIRATHRAI | |||||||
| TRUSTEE (THROUGH 12/13/12) | 1.00 | X | 0 | 0 | 0 | ||
| DR PHILIP DEANS | |||||||
| PROVOST OF UNIVERSITY | 40.00 | 0 | 0 | 234757 | X | ||
| MRS JANE CRICHTON | |||||||
| VP HUMAN RESOURCES & ADMINISTRATION | 40.00 | 0 | 0 | 142607 | X | ||
| MR WILLIAM SCOTT | |||||||
| FORMER VP FINANCE & ADMINISTRATION | 40.00 | 0 | 0 | 305222 | X | ||
| MRS ALLISON COLE-STUTZ | |||||||
| VP STUDENT AFFAIRS | 40.00 | 0 | 0 | 124874 | X | ||
| MR DAVID CUNNINGHAM | |||||||
| VP INSTITUTIONAL PLANNING & ENROLLMENT | 40.00 | 0 | 0 | 85356 | X | ||
| DR PARVIS DABIR-ALAI | |||||||
| CHAIR DEPT BUSINESS & ECON | 40.00 | 0 | 0 | 118392 | X | ||
| DR MARY ROBERT | |||||||
| CHAIR DEPT GEN EDUCATION | 40.00 | 0 | 0 | 118392 | X | ||
| DR ALEX SEAGO | |||||||
| CHAIR DEPT COMMUNICATIONS & SOCIAL SCIENCES | 40.00 | 0 | 0 | 118392 | X | ||
| MR JOHN MCELLISTRIM | |||||||
| DIRECTOR OF PROPERTY SERVICES | 40.00 | 0 | 0 | 117150 | X | ||
| MR ROGER HORTON | |||||||
| FINANCIAL CONTROLLER | 40.00 | 0 | 0 | 115026 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 1825727 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressForeign/AddressLine1 | CityAddressOfContractor/AddressForeign/City | CountryAddressOfContractor/AddressForeign/Country | Description Of ServicesDescriptionOfServices | CompensationCompensation | Province Or StateAddressOfContractor/AddressForeign/ProvinceOrState |
|---|---|---|---|---|---|
| SODEXO | |||||
| PO BOX 245 310 BROADWAY | SALFORD | UK | CATERING | 1760191 | |
| MITIE | |||||
| PO BOX 764 | PORTSMOUTH | UK | FACILITIES MANAGEMENT | 796955 | HAMPSHIRE |
| KM CLEANING SERVICES LTD | |||||
| CANTERBURY HOUSE MEDWAY CITY ESTAT | ROCHESTER | UK | CLEANING | 411716 | |
| PAJ CLEANING | |||||
| 114 SHERBOURNE AVENUE RYDE | IOW | UK | CLEANING | 341501 | |
| BURT & TRAVICA | |||||
| MINSTER ROAD | BROMLEY | UK | CONSTRUCTION | 338350 | HAMPSHIRE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 11 | NumberOfContractorsGT100K |
| All Other Contributions | 1132828 | AllOtherContributions |
| Noncash Contributions | 156870 | NoncashContributions |
| Total Contributions | 1132828 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | TUITION, ROOM & BOARD | Description |
| Business Code | 611310 | BusinessCode |
| Total Revenue Column | 31477880 | TotalRevenueColumn |
| Related Or Exempt Function Income | 31477880 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 31477880 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4654 | TotalRevenueColumn |
| Exclusion | $4,654 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | EXCHANGE GAIN | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 13464 | TotalRevenueColumn |
| Exclusion | $13,464 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 13464 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 32628826 | TotalRevenueColumn |
| Related Or Exempt Function Income | 31477880 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $18,118 | ExclusionAmount |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2382025 | Total |
| Program Services | 2382025 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1211772 | Total |
| Program Services | 199691 | ProgramServices |
| Management And General | 1012081 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6964170 | Total |
| Program Services | 5919545 | ProgramServices |
| Management And General | 1044625 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 593220 | Total |
| Program Services | 504237 | ProgramServices |
| Management And General | 88983 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 200815 | Total |
| Program Services | 170693 | ProgramServices |
| Management And General | 30122 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 764598 | Total |
| Program Services | 649908 | ProgramServices |
| Management And General | 114690 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 161105 | Total |
| Management And General | 161105 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 66242 | Total |
| Management And General | 66242 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 498340 | Total |
| Program Services | 498340 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 358305 | Total |
| Program Services | 304559 | ProgramServices |
| Management And General | 53746 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1012743 | Total |
| Program Services | 860832 | ProgramServices |
| Management And General | 151911 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4855644 | Total |
| Program Services | 4855644 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 153300 | Total |
| Program Services | 22995 | ProgramServices |
| Management And General | 130305 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4654 | Total |
| Management And General | 4654 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1551022 | Total |
| Program Services | 1318369 | ProgramServices |
| Management And General | 232653 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9138 | Total |
| Management And General | 9138 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| FLORENCE & ROME STUDY C | 4930746 | 4191134 | 739612 |
| SERVICE FEES | 2801730 | 2381471 | 420259 |
| CATERING COSTS | 1745758 | 1745758 | |
| STUDENT ACTIVITY COSTS | 496401 | 496401 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2293161 | Total |
| Program Services | 1949187 | ProgramServices |
| Management And General | 343974 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33054889 | Total |
| Program Services | 28450789 | ProgramServices |
| Management And General | 4604100 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60163 | BOY |
| EOY | -264036 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1642397 | BOY |
| EOY | 1736662 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1067251 | BOY |
| EOY | 1598512 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15893 | BOY |
| EOY | 15900 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 969503 | BOY |
| EOY | 928897 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 18234284 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 12991082 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6377113 | BOY |
| EOY | 5243202 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10132320 | BOY |
| EOY | 9259137 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1167950 | BOY |
| EOY | 999350 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 293401 | BOY |
| EOY | 51811 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1480563 | BOY |
| EOY | 1286220 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3829320 | BOY |
| EOY | 4061327 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6771234 | BOY |
| EOY | 6398708 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2669212 | BOY |
| EOY | 2821462 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 691874 | BOY |
| EOY | 38967 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3361086 | BOY |
| EOY | 2860429 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10132320 | BOY |
| EOY | 9259137 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -426063 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -74594 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
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
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 0 | BeginningOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 24411 | BeginningOfYearBalance |
| Investment Earnings Or Losses | -24411 | InvestmentEarningsOrLosses |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 21086 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 1325 | InvestmentEarningsOrLosses |
| End Of Year Balance | 22411 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 23042 | BeginningOfYearBalance |
| Investment Earnings Or Losses | -1956 | InvestmentEarningsOrLosses |
| End Of Year Balance | 21086 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 27850 | BeginningOfYearBalance |
| Investment Earnings Or Losses | -4808 | InvestmentEarningsOrLosses |
| End Of Year Balance | 23042 | EndOfYearBalance |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10428792 | OtherCostOrOtherBasis |
| Depreciation | 6991513 | Depreciation |
| Book Value | 3437279 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 7048914 | OtherCostOrOtherBasis |
| Depreciation | 5370541 | Depreciation |
| Book Value | 1678373 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 756578 | OtherCostOrOtherBasis |
| Depreciation | 629028 | Depreciation |
| Book Value | 127550 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 5243202 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| STUDENT DEPOSITS | $1,265,975 |
| FEES RECEIVED IN ADVANCE | $2,545,888 |
| UK TAX & SOCIAL SECURITY COSTS | $249,464 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 4061327 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 30246801 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | -2382025 | OtherRevenues |
| Revenue Not Rptd F990 | -2382025 | RevenueNotRptdF990 |
| Revenue Subtotal | 32628826 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 32628826 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 30672864 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 30672864 | ExpensesSubtotal |
| Other Expenses Not Included | 2382025 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 2382025 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 33054889 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | SCHOLARSHIPS & GRANTS -2,382,025. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS & GRANTS 2,382,025. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 0 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | Identifier |
| Return Reference | SCHEDULE E, PART I, LINE 3 | ReturnReference |
| Explanation | INCLUDED IN THE UNIVERSITY CATALOG, WEBSITE, MISSION STATEMENT, EMPLOYMENT AND FACULTY HANDBOOKS. | Explanation |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 1 | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable (3 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| EUROPE (INCLUDING ICELAND & GREENLAND) | 4 | 208 | PROGRAM SERVICES | HIGHER EDUCATION | 26068764 |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 4 | 208 | MANAGEMENT & GEN EXPS | HIGHER EDUCATION | 4039760 |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 4 | 208 | GRANTS | SCHOLARSHIPS AND HOUSING GRANTS | 2382025 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 12 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 624 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 12 | TotalNumberOfOffices |
| Total Number Of Employees | 624 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 32490549 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 32490549 | TotalAmountSpent |
Grants To Ind Outside US GrantsToIndOutsideUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Assistance | SCHOLARSHIPS & HOUSING GRANTS | TypeOfAssistance |
| Region | EUROPE (INCLUDING ICELAND & GREENLAND) | Region |
| Number Of Recipients | 293 | NumberOfRecipients |
| Amount Of Non Cash Assistance | 2382025 | AmountOfNonCashAssistance |
| Description Of Non Cash Assistance | REDUCTION IN INVOICE | DescriptionOfNonCashAssistance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | TUITION SCHOLARSHIPS ARE ONLY ALLOCATED AGAINST A STUDENT'S ACCOUNT IF THE REQUIRED ATTENDANCE AND ACADEMIC ACHIEVEMENT IS MAINTAINED. ACHIEVEMENT IS MONITORED BY LOOKING AT GRADES, PROGRESSION, AND COMPLETION OF REGISTERED COURSES. THESE REQUIREMENTS ARE MONITORED BY THE ACADEMIC REGISTRAR'S DEPARTMENT. GRANTS FOR ROOM AND BOARD ARE ALLOCATED ON A BASIS OF FINANCIAL NEED. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 1 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (3 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PROFESSOR JOHN ANNETTE | ||||||||||||||
| PRESIDENT OF UNIVERSITY | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 67192 | 0 | 67192 | 0 | 0 | 0 |
| DR PHILIP DEANS | ||||||||||||||
| PROVOST OF UNIVERSITY | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1882 | 0 | 1882 | 0 | 0 | 0 |
| MR WILLIAM SCOTT | ||||||||||||||
| FORMER VP FINANCE & ADMINISTRATION | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1694 | 0 | 1694 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART I, LINE 4A | DURING THE YEAR, MR. WILLIAM SCOTT LEFT THE UNIVERSITY. INCLUDED IN THE OTHER REPORTABLE COMPENSATION BELOW IS AN AMOUNT OF $122,213 PAID AS SEVERANCE AND IN LIEU OF NOTICE. | |
| PART III | THE MANAGEMENT OF THE UNIVERSITY IS BASED IN THE UK AND THEREFORE DOES NOT MAKE W-2 OR 1099-MISC RETURNS FOR EMPLOYEES LISTED ON FORM 990 PART VII. THEREFORE COLUMNS B & C IN PART II OF SCHEDULE J ABOVE ARE LEFT BLANK. HOWEVER IF THESE RETURNS WERE MADE, THE INFORMATION WOULD BE AS FOLLOWS: BASE COMP OTHER REPORTABLE COMP NONTAXABLE BENFTS DR. JOHN ANNETTE 235,305 43,062 67,192 DR. PHILIP DEANS 196,088 36,787 1,882 MRS. ALLISON COLE-STUTZ 101,362 21,631 1,882 MRS. JANE CRICHTON 117,653 23,072 1,882 MR. DAVID CUNNINGHAM 72,406 11,585 1,365 MR. WILLIAM SCOTT 143,567 159,961 1,694 DR. PARVIS DABIR-ALAI 98,608 17,902 1,882 DR. MARY ROBERT 98,608 17,902 1,882 DR. ALEX SEAGO 98,608 17,902 1,882 MR. JOHN MCELLISTRIM 95,706 19,562 1,882 MR. ROGER HORTON 95,706 17,438 1,882 | SUPPLEMENTAL INFORMATION |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (8 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| AMERICAN INSTITUTE FOR FOREIGN STUDY INC | |||
| ENTITY MORE THAN 35% OWNED BY SIR CYRIL TAYLOR | 2801730 | PAYMENTS FOR USE OF UNIVERSITY MAIN PREMISES | 0 |
| AMERICAN INSTITUTE FOR FOREIGN STUDY INC | |||
| ENTITY MORE THAN 35% OWNED BY SIR CYRIL TAYLOR | 4930746 | PAYMENTS TO FINANCE ITALIAN STUDY CENTRES | 0 |
| AMERICAN INSTITUTE FOR FOREIGN STUDY UK LTD | |||
| ENTITY MORE THAN 35% OWNED BY SIR CYRIL TAYLOR | 198384 | PAYMENTS FOR LEASE OF 15 YOUNG STREET, LONDON | 0 |
| AMERICAN INSTITUTE FOR FOREIGN STUDY UK LTD | |||
| ENTITY MORE THAN 35% OWNED BY SIR CYRIL TAYLOR | 200752 | PAYMENT TO REIMBURSE INSURANCE COSTS | 0 |
| AMERICAN INSTITUTE FOR FOREIGN STUDY INC | |||
| ENTITY MORE THAN 35% OWNED BY SIR CYRIL TAYLOR | 356881 | RENTAL & SERVICES FOR RECRUITMENT OFFICE IN BOSTON | 0 |
| AMERICAN INSTITUTE FOR FOREIGN STUDY INC | |||
| ENTITY MORE THAN 35% OWNED BY SIR CYRIL TAYLOR | 3071372 | PAYMENT BY AIFS FOR DELIVERY OF LONDON STUDY ABROAD PROGRAMS | 0 |
| AMERICAN INSTITUTE FOR FOREIGN STUDY INC | |||
| ENTITY MORE THAN 35% OWNED BY SIR CYRIL TAYLOR | 5096113 | PAYMENT BY AIFS FOR DELIVERY OF ITALIAN STUDY ABROAD PROGRAMS | 0 |
| AMERICAN INSTITUTE FOR FOREIGN STUDY INC | |||
| ENTITY MORE THAN 35% OWNED BY SIR CYRIL TAYLOR | 476158 | PAYMENT BY AIFS FOR DELIVERY OF LONDON SUMMER PROGRAMS | 0 |
Schedule M IRS990ScheduleM
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | SEE PART II | Description |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 156870 | NoncashContribsRptdF990 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | METHOD FOR DETERMINING NUMBER OF CONTRIBUTIONS: | Identifier |
| Return Reference | PART I, COLUMN (B): | ReturnReference |
| Explanation | THE UNIVERSITY RECEIVED A NONCASH DONATION OF $156,870 FROM THE RICHMOND FOUNDATION (A UK REGISTERED CHARITY). THIS WAS A NONCASH DONATION OF RESERVES BEING BUILT UP ON THE BALANCE SHEET OF THE RICHMOND FOUNDATION DUE TO INCREASING EQUITY ON A RESIDENTIAL PROPERTY THAT IS OWNED BY THE FOUNDATION AND LEASED BACK TO THE UNIVERSITY FOR THE PURPOSE OF STUDENT HOUSING. THE MORTGAGE IS SIX YEARS INTO A TWENTY YEAR TERM. THE DONATION REPRESENTS THE INCREASE IN EQUITY OF THE PROPERTY AS THE MORTGAGE IS GRADUALLY PAID DOWN. AT THE END OF THE MORTGAGE TERM, THE RICHMOND FOUNDATION WILL EITHER DONATE THE BUILDING TO THE UNIVERSITY, RE-MORTGAGE OR SELL THE PROPERTY AND PASS THE FUNDS RECEIVED ONTO THE UNIVERSITY. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| TOTAL NUMBER OF EMPLOYEES | PART I, LINE 5: | THE UNIVERSITY EMPLOYED AN AVERAGE OF 211 PEOPLE DURING THE YEAR. HOWEVER, ONLY 3 OF THESE WERE EMPLOYED IN THE USA. THIS NUMBER HAS NOT BEEN DISCLOSED IN THE FORM 990 AS THE UNIVERSITY IS LOCATED OUTSIDE OF THE USA. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS PREPARED FROM THE ACCOUNTING RECORDS AS AUDITED BY BAKER TILLY LLP IN THE UK AND SENT FOR INITAL REVIEW TO THE UNIVERSITY ACCOUNTANTS, BLUM SHAPIRO IN THE US. REVISIONS ARE MADE AS NECESSARY AND THE FORM 990 WITH ALL RELEVANT SCHEDULES ATTACHED IS SENT TO THE UNIVERSITY'S AUDIT COMMITTEE, WITH A PAPER NOTING ANY ISSUES THAT REQUIRE PARTICULAR ATTENTION. THE AUDIT COMMITTEE REVIEWS THE FORM AND MAKES ANY COMMENTS THAT IT FEELS NECESSARY AND THEN REPORTS TO THE MAIN BOARD OF TRUSTEES. | |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL TRUSTEES ARE AWARE OF THE CONFLICTS OF INTEREST POLICY AND SIGN AN ANNUAL UPDATED COPY. THE CHAIRS OF THE TRUSTEE SUB-COMMITTEES MONITOR ANY POTENTIAL CONFLICTS AND WHERE NECESSARY REMIND MEMBERS TO DECLARE AN INTEREST, ABSTAIN FROM VOTING AND LEAVE MEETINGS WHEN NECESSARY. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE MAIN BOARD OF TRUSTEES IS PROVIDED WITH RESEARCH AND ANALYSIS BY THE UNIVERSITY VP OF HUMAN RESOURCES CONCERNING COMPARATIVE SALARIES FOR THE UNIVERSITY PRESIDENT. SALARIES OF SENIOR UNIVERSITY OFFICERS ARE SET BY THE PRESIDENT WITH RESEARCH AND ANALYSIS PROVIDED BY THE VP OF HUMAN RESOURCES. | |
| FORM 990, PART VI, SECTION C, LINE 19 | UNIVERSITY FORMATION DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE NOT AVAILABLE TO THE PUBLIC. UK STATUTORY ACCOUNTS ARE FILED WITH THE RELEVANT AUTHORITIES IN THE UK AND ARE AVAILABLE FOR INSPECTION. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 9: | EXCHANGE LOSS BETWEEN THE US DOLLAR & THE UK POUND STERLING -74,594. |
| BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS - | SCHEDULE L, PART IV: | THE UNIVERSITY TRUSTEES IN THE FORM OF A COMPLIANCE COMMITTEE, REVIEW THE SERVICES AGREEMENT WITH THE AMERICAN INSTITUTE FOR FOREIGN STUDY, INC. TO ENSURE THAT SERVICES ARE PROVIDED AT FAIR VALUE. THE COMMITTEE IS PRESENTED WITH AN UPDATED REPORT ON AN ANNUAL BASIS WHICH IS REPORTED TO THE MAIN BOARD OF TRUSTEES. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE RICHMOND FOUNDATION | BusinessNameLine1 |
Address Foreign AddressForeign
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O RICHMOND UNIVERSITY QUEENS ROA | AddressLine1 |
| City | RICHMOND, SURREY | City |
| Country | UK | Country |
| Postal Code | TW10 6JP | PostalCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | EDUCATIONAL SUPPORT | PrimaryActivities |
| Legal Domicile Foreign Country | UK | LegalDomicileForeignCountry |
| Exempt Code Section | FOREIGN BASED | ExemptCodeSection |
| Public Charity Status | UK CHARITY | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Controlled Org | 0 | ControlledOrg |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RICHMOND COLLEGE SERVICES LIMITED | BusinessNameLine1 |
Address Foreign AddressForeign
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | QUEENS ROAD | AddressLine1 |
| City | RICHMOND | City |
| Province Or State | SURREY | ProvinceOrState |
| Country | UK | Country |
| Postal Code | TW10 6JP | PostalCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activity | EDUCATION SUPPORT | PrimaryActivity |
| Legal Domicile Foreign Country | UK | LegalDomicileForeignCountry |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Type Of Entity | C | TypeOfEntity |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 1 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 1 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| THE RICHMOND FOUNDATION | ||
| K | 419627 | LEASE AGREEMENT |
| THE RICHMOND FOUNDATION | ||
| C | 472179 | AGREED DONATION |
Form990 Schedule R Part VII Form990ScheduleRPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | DONATIONS OF $472,179 FROM THE RICHMOND FOUNDATION TO THE UNIVERSITY WAS DECIDED UPON AT A FOUNDATION TRUSTEES MEETING. THE PRIME PURPOSE OF THE RICHMOND FOUNDATION IS TO PROVIDE SUPPORT TO RICHMOND, THE AMERICAN INTERNATIONAL UNIVERSITY IN LONDON, INC. THE PAYMENT OF $419,627 FROM RICHMOND, THE AMERICAN INTERNATIONAL UNIVERSITY IN LONDON, INC. TO THE RICHMOND FOUNDATION WAS RENTAL ON A PROPERTY USED FOR STUDENT HOUSING WHICH IS OWNED BY THE RICHMOND FOUNDATION. SIX TRUSTEES OF RICHMOND, THE AMERICAN INTERNATIONAL UNIVERSITY IN LONDON, INC., OUT OF A TOTAL OF 14 VOTING MEMBERS ARE ALSO TRUSTEES OF THE RICHMOND FOUNDATION. THERE IS ONE TRUSTEE OF THE RICHMOND FOUNDATION WHO IS NOT A TRUSTEE OF RICHMOND, THE AMERICAN INTERNATIONAL UNIVERSITY IN LONDON, INC. HOWEVER, SHE IS AN EMPLOYEE OF THE UNIVERSITY. RICHMOND COLLEGE SERVICES LIMITED HAS TWO SHARES IN ISSUE. ONE IS OWNED BY THE RICHMOND FOUNDATION AND THE OTHER IS HELD BY THE PRESIDENT OF THE UNIVERSITY AS A NOMINEE SHAREHOLDER. ANY PROFITS MADE BY RICHMOND COLLEGE SERVICES LIMITED ARE DONATED TO THE RICHMOND FOUNDATION. AS THE RICHMOND FOUNDATION IS A UK REGISTERED CHARITY, THIS EXEMPTS RICHMOND COLLEGE SERVICES LIMITED FROM PAYING UK CORPORATION TAX. ANY PROFITS DONATED BY RICHMOND COLLEGE SERVICES LIMITED TO THE RICHMOND FOUNDATION ARE IN TURN DONATED TO THE UNIVERSITY. | Explanation |