2014-05-07T10:23:30-05:00 2013-06-30 363990892 Capin Crouse LLP 972 Emerson Parkway Ste A Greenwood IN 46143 990 2012-07-01 480730814 Mid-America Nazarene University MID- 9137823750 2030 East College Way Olathe KS 66062 Kevin Gilmore 9137823750 2014-05-07 1 David C Moja P00747006 3178852620 2012 2015-11-30 17:44:51Z Dr David Spittal 2030 East College Way Olathe KS 66062 40829786 0 X www.mnu.edu X 1966 KS Christian university with global impact that educates and inspires servant leaders. 33 30 1080 48 30958 23545 12710022 4414182 31987205 34500768 16233 730802 494351 920109 45207811 40565861 8856298 9980808 0 0 18267265 18763332 0 0 1136348 13450011 12942379 40573574 41686519 4634237 -1120658 44052411 46996868 23279337 27224131 20773074 19772737 X Mid-America Nazarene University is a comprehensive liberal arts university offering undergraduate and selected professional and graduate degrees, and is committed to serving the church and its global mission. The University is a Christian community in the Wesleyan-Holiness tradition, and Mid-America Nazarene University seeks to transform its students through intellectual, spiritual, and personal development for a life of service to God, the Church, the nation, and the world. 0 0 37700933 9980808 34747921 Mid-America Nazarene University (MNU), a liberal arts university sponsored by the Church of the Nazarene, provides a nurturing environment where students gain broad-based knowledge and skills that will serve them professionally and personally throughout their lives. The MNU experience is one that provides students with Christ-centered educational opportunities that teach real-world learning through pioneering programs that prepare them to be servant leaders and encourages them to discover their purpose, values, and direction.Founded in 1966, MidAmerica is located in Olathe, Kansas, a suburban community just 20 miles south of Kansas City. Total enrollment for fall, 2012, was 1,978 students. The four largest undergraduate programs are:Nursing - 350Applied Organizational Leadership, formerly Management and Human Relations - 291Elementary Education - 79Business Administration - 53The University offers undergraduate academic majors in 36 areas; degree-completion programs in business, nursing, and public administration; and graduate degrees in education, nursing, business, and counseling. Students may apply to study abroad through MNU Europe, located in Busingen, Germany.A variety of special interest clubs, traveling music groups, band, concert choir, student government, and outreach groups are available. The University provides intercollegiate competition in football, volleyball, softball, baseball, men's and women's basketball and soccer. Chapel services provide an emphasis on spiritual formation, and revivals foster spiritual vitality on campus. 37700933 1 1 0 0 0 0 0 1 0 1 1 0 1 1 1 1 0 1 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 1 149 0 1 1080 1 1 1 0 0 0 0 0 0 0 0 0 X 33 30 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 KS X Kevin Gilmore 9137823750 2030 East College Way Olathe KS 66062 Dr David J Spittal 40.00 1.00 X X 175244 0 391 Dr Larry McIntire 1.00 1.00 X X 0 0 0 Rev Michael G Palmer 1.00 X X 0 0 0 Mr Keith Cox 1.00 X X 0 0 0 Mrs Terri Comfort 1.00 X X 0 0 0 Rev Joel Atwell 1.00 X 0 0 0 Rev Daniel W Cole 1.00 X 0 0 0 Dr Merrill R Conant 1.00 X 0 0 0 Mr Chad Cook 1.00 X 0 0 0 Dr D Ray Cook part year 1.00 X 0 0 0 Mr John Dahl 1.00 X 0 0 0 Rev Bryan Davis 1.00 X 0 0 0 Dr OE Dement 1.00 X 0 0 0 Dr Jim Dillow 1.00 X 0 0 0 Mr Craig M Doane 1.00 X 0 0 0 Mr Darrel E Johnson 1.00 X 0 0 0 Dr James M Kraemer 1.00 X 0 0 0 Rev Michael Lynch 1.00 X 0 0 0 Rev Garey A Miller 1.00 X 0 0 0 Rev Fred Morrison 1.00 X 0 0 0 Mr Eldon J Meyers 1.00 X 0 0 0 Dr Edmond P Nash 1.00 X 0 0 0 Dr Rick Power 1.00 X 0 0 0 Rev Phil Rhoades 1.00 X 0 0 0 Dr Jeren Rowell 1.00 X 0 0 0 Rev Rod Thelander 1.00 X 0 0 0 Rev Fred Toomey 1.00 X 0 0 0 Mrs Julie C Transmeier 1.00 X 0 0 0 Mrs Cathy Veach 1.00 X 0 0 0 Mr Tim Buchanan 1.00 1.00 X 0 0 0 Dr Glenn Kell 1.00 X 0 0 0 Mr Daniel D Rexroth 1.00 X 0 0 0 Dr Tia Strait 1.00 X 0 0 0 Greg Hephner 1.00 X 0 0 0 Mr Jon North 40.00 1.00 X 124279 0 21803 Dr Stephen Ragan part year 40.00 X 102098 0 7173 Dr Randy Beckum 40.00 X 44326 0 71944 Mr Kevin P Gilmore 40.00 1.00 X 111328 0 36046 557275 0 137357 4 0 1 0 Pioneer College Caterers Inc 2030 E College Way Olathe KS 66062 Food Services 1210834 Southwest Plains Regional Service Center PO Box 1010 Sublette KS 67877 Educational Services 443963 Heartland Solutions Group Inc 2007 E Prairie Cr Olathe KS 66062 IT Consulting and Services 428381 Ruth Burke & Associates 4050 Pennsylvania Suite 103 Kansas City MO 64111 Advertising 292709 Capture LLC 315 Guthrie St Ste 400 Louisville KY 40202 Integrated Services-Admissions/Recruitin 184000 7 2659853 1281367 472962 12930 4414182 Student Tuition Revenu 611600 30012612 30012612 Resident Hall 611710 2227490 2227490 Food Service 611710 1742027 1742027 Book Store 611710 199112 199112 Athletic Revenue 611710 23979 23979 295548 295548 34500768 31906 31906 8195 8195 375419 242721 132698 132698 18308 114390 720100 21204 0 -21204 720100 698896 698896 Advertising 900099 15766 12650 3116 763450 763450 779216 40565861 34500768 30958 1619953 9980808 9980808 711648 134425 452944 124279 129976 129976 14131094 12912264 675302 543528 2578922 2269877 194136 114909 1211692 1066489 91214 53989 16337 16337 178307 178307 1753230 1600655 135875 16700 407291 395739 4567 6985 635145 563880 51500 19765 660285 555599 65762 38924 1580347 1367274 203763 9310 1409324 1264320 91307 53697 45708 40230 3441 2037 921779 790461 124890 6428 1500796 1306045 165064 29687 229515 185015 41023 3477 Labor/Materials Expense 705602 664214 34882 6506 Printing 419608 243696 145488 30424 Maintenance Contracts 276268 274102 2092 74 Resale 211636 211636 1991201 1744228 171344 75629 41686519 37700933 2849238 1136348 2911802 6008076 14212 17877 168620 112157 653071 548787 44888 54359 88785 83838 60254569 26792049 33409909 33462520 3663948 3634205 3097176 3075049 44052411 46996868 2588290 2191254 1257342 1380605 14155000 18620000 11567 5267138 5032272 23279337 27224131 X 19578169 18431311 760718 874899 434187 466527 20773074 19772737 44052411 46996868 X -1120658 120321 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 145060 X X Resale in future years 0 7098048 457919 566812 213184 22769 7886826 6926816 381876 70608 281252 7098048 6574342 198353 873408 275332 424879 19076 6926816 6704046 360069 505633 975096 20310 6574342 6871784 229862 25454 385300 37754 6704046 0.03530 0.94770 0.01700 0 1 1 1043851 1043851 40638964 13205994 27432970 4320309 1549636 2770673 14007766 12036419 1971347 243679 243679 33462520 Student Loan Receivables 3634205 C 3634205 Bond Escrow Funds 1708989 Benefiical Interest in Trust 734787 Thomas Kinkade Paintings 145060 Unamortized Bond Fees 486213 3075049 Student Deposits 148401 Refundable Loan Program 2483871 Note Payable to MNU Foundation 2400000 5032272 X 31161395 213300 363042 576342 30585053 9980808 9980808 40565861 32161732 213300 242721 456021 31705711 9980808 9980808 41686519 Part III, Line 4: The organization received Thomas Kinkade paintings and prints from a donor during the fiscal year ended 6/30/2008. This collection of artwork is and will be used for the viewing of the general public through public exhibition and for future investment purposes when it is sold at a later date. Description of Intended Use of Endowment Funds: Part V, Line 4: The endowment funds are held by MidAmerica Nazarene Foundation, a related tax exempt organization. Earnings from the endowment funds are to be used to fund the continuing operations of the university. Description of Uncertain Tax Positions Under FIN 48: Part X, Line 2: The financial statement effects of a tax position taken or expected to be taken are recognized in the consolidated financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the consolidated statement of activities. As of June 30, 2013 and 2012, the University had no uncertain tax positions that qualify for recognition or disclosure in the consolidated financial statements. The University files tax returns in the U.S. federal jurisdiction. With a few exceptions, the University is no longer subject to U.S. federal examinations by tax authorities for years before 2008. Part XI, Line 2d - Other Adjustments: Change in Trust Agreements 312. Change in Net Perkins Equity 80,283. Beneficial Interest in Perpetual Trusts 39,726. Rental Expenses 242,721. Part XI, Line 4b - Other Adjustments: Tuition discounts 9,980,808. Part XII, Line 2d - Other Adjustments: Rental expenses 242,721. Part XII, Line 4b - Other Adjustments: Tuition discounts 9,980,808. 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 Mid-America Nazarene University publicizes its racial nondiscrimination policy in all university catalogs and brochures that are issued to the general public and students. The University also posts its policy on various bulletin boards across the campus and on its website. Explanation of Government Financial Assistance Schedule E, Part I, Line 6 The organization is involved in several grant programs administered by the Federal Government and State Government and also serves as the administrative conduit by which Title VI Federal Financial Aid is distributed to eligible students. Central America and the Caribbean 0 0 Program Services Study abroad 7798 Europe (Including Iceland & Greenland) 0 0 Program Services Study abroad 8536 0 0 0 0 0 0 16334 0 16334 0 0 0 0 0 0 Method Used to Acccount for Expenditures: Schedule F, Part I, Line 3: Expenditures are accounted for using the accrual method of accounting. 1 Scholarships and Fellowships 1002 9980808 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Scholarships and awards that are determined by participation in a program or eligibility requirements (Perkins & SEOG) are evaluated at the start of a program and, as in the case of ROTC, monitored for continued participation in the program. ROTC participants are monitored by outside sources and MNU would be notified in the event the participant is no longer eligible. Perkins, SEOG and other similar grants/awards require limits on the student's expected family contributions, require no prior defaults on student loans and require certain funding gaps. Each year the eligibility requirements are reviewed prior to the award year and awarded accordingly. Tuition remission is dependent upon eligibility and date of hire per employee. Awards based on Nazarene Church support or parent's church service are determined and applied accordingly. Eligibility is evaluated each award year. Departmental awards are made by an instructional division or coach and eligibility is determined by that department. Donor restricted scholarships are awarded in accordance with the wishes of the donor. Students must complete an application, meet all the stipulations, and/or be actively pursuing the restricted course of study. GPA or ACT scores (depending on award year and citizenship) are used to determine matrix awards along with family expected contribution and whether the student is on or off campus. Matrix scholarships are monitored each semester through a process between the registrar's office (providing GPA) and student financial aid (matching GPA with matrix award). X 1 1 X X X 0 0 0 0 0 0 0 0 0 Dr David J Spittal 175244 0 0 0 0 0 0 0 391 0 175635 0 0 0 Part I, Line 1a MidAmerica Nazarene University provided housing to Rev. Randall Beckum as a condition of employment. The fair market value of the housing was not included in his W-2 as taxable income because it qualified as a non taxable benefit. A Kansas Independent College Finance Authority 481233911 48526HLW4 2005-06-30 4000000 Land Improvements 0 0 0 B Kansas Independent College Finance Authority 481233911 48526HSJ6 2008-06-26 5595000 Educational Facility 0 0 0 A 950000 4087893 317413 78573 3691907 2005 0 0 1 1 B 695000 5930082 495084 3210 111900 1750314 3569574 2008 1 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 0 0 1 0 0 0 0 0 B 0 0 0 1 0 0 0 0 0 A 0 B 0 Schedule K Part IV, Arbitrage, Line 2c Date Rebate Computation Performed Issuer Name: Kansas Independent College Finance Authority Date the Rebate Computation was Performed: 04/01/2010 Issuer Name: Kansas Independent College Finance Authority Date the Rebate Computation was Performed: 04/01/2013 128258 Scholarships Tuition Reduction William Morrison Family member of Rev Fred Morrison, Trustee 50031 Compensation 0 Florence Beckum Family member of Randy Beckum, Exec Dir of Spiritual Development 42598 Compensation 0 James Edlin Family member of Edmond Nash, Trustee 37347 Compensation 0 Form 990, Part VI, Section A, line 2 Dr. D Ray Cook & Mr. Chad Cook - Family relationship Form 990, Part VI, Section B, line 11 The University's controller gathers and provides an independent accounting firm with information to prepare the Form 990. The independent accounting firm prepares and reviews the Form 990. The independent accounting firm then provides the organization's officers a draft of the Form 990 and allows time for comments and approval. After approval, the Form 990 is submitted via email to all voting members of the University's governing board along with a response time for questions and comments. Any and all issues are resolved and then the completed Form 990 is filed with the Internal Revenue Service. Form 990, Part VI, Section B, line 12c All trustees, MidAmerica Nazarene University Foundation trustees, and administrative officers of the University (members of the President's Cabinet) must disclose annually in writing any conflict of interest, or potential conflict of interest. If a circumstance should arise where it may be in the best interest of the University to engage in a transaction despite the conflict of interest, after disclosure of the conflict of interest, the individual with whom the conflict of interest is present must abstain from any discussion or deliberation concerning such matter (unless the Board of Trustees or administration requests information or interpretation for special reasons). Record of such individual's withdrawal from participation in the discussion, deliberation, and decision on the matter should be noted in any minutes of the session at which such matter is considered. Should a potential conflict of interest matter require an executive committee or board vote to resolve, those concerned shall not be present at the time of the vote. If a trustee, MidAmerica Nazarene University Foundation trustee, or administrative officer is uncertain whether to list a particular relationship, the board chair and institutional legal counsel may need to be consulted. The board chair and legal counsel may elect to seek the judgment of the executive committee of the Board of Trustees before informing or consulting with the entire board within an executive session. Information shared or gathered as a result of such consultations (including information provided on the conflict of interest statement) shall be confidential except when the institution's best interests would be served by disclosure. Such disclosure will be made only after informing those concerned. The finance committee of the Board of Trustees will conduct periodic reviews of financial activities to ensure that the University is operating in a manner consistent with accomplishing the institution's non-profit purposes and that the University's operations do not result in private inurement or impermissible benefit to private interest. Form 990, Part VI, Section B, line 15 The President and other executive administrators are employed with the approval of the Board of Trustees. The Board of Trustees determines their compensation based upon an analysis of comparable market rates and terms. The review and deliberation are documented in the board minutes. This process was last completed for the President during the tax year ended 6/30/13. No other officers received salary increases during the tax year ended 6/30/13. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request. Executive Committee Form 990, Part VI, Line 1a The Executive Committee includes the Chair of every standing committee. It exercises most of the powers of the Board when the Board is not in session, but they do not take final action on any major matters pertaining to the University's position statement and mission, the removal of a University officer or Trustee from office, or the encumbrance of substantive institutional assets, until appropriate committees recommend such action and the Board has voted. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 9: Change in Trust Agreements 312. Change in Net Perkins Equity 80,283. Beneficial Interest in Perpetual Trusts 39,726. MidAmerica Nazarene University Foundation 2030 E College Way Olathe KS 66062 480996330 Support MNU KS 501(c)(3) 7 Mid-America Nazarene University 0 Charitable Remainder Trust (1) CRUT KS Mid-America Nazarene University T 0.60000 0 Irrevocable Trust (1) Irrevocable Trust KS Mid-America Nazarene University T 0 Perpetual Trust (1) Perpetual Trust KS Mid-America Nazarene University T 0 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 1 0 1