GORDON COLLEGE: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: GORDON COLLEGE (EIN 04-2104258)
Tax period: 2011-07-01 to 2012-06-30
Filed: 2013-02-11
IRS object ID: 201300439349300305
Schema version: 2011v1.2
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 C
Schedule D
Schedule E
Schedule F
Schedule G
Schedule I
Schedule J
Schedule K
Schedule L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-02-11T09:35:47-07:00	Timestamp
Tax Period End Date	2012-06-30	TaxPeriodEndDate
Return Type	990	ReturnType
Tax Period Begin Date	2011-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	042104258	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	GORDON COLLEGE	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	GORD	NameControl
Phone	9788674883	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	255 Grapevine Road	AddressLine1
City	Wenham	City
State	MA	State
ZIP Code	01984	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Michael Ahearn	Name
Title	Vice President for Finance	Title
Phone	9788674013	Phone
Date Signed	2013-02-11	DateSigned

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	D Michael Lindsay	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	Gordon College	AddressLine1
Address Line2	255 Grapevine Road	AddressLine2
City	Wenham	City
State	MA	State
ZIP Code	01984	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	82798697	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	www.gordon.edu	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1889	YearFormation
State Legal Domicile	MA	StateLegalDomicile
Activity Or Mission Description	Gordon College strives to graduate men and women distinguished by intellectual maturity and Christian character, committed to a lifestyle of servanthood and prepared for leadership roles in their homes, workplaces, churches and communities worldwide. Our primary activity is to provide an undergraduate liberal arts education.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	29	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	27	NbrIndependentVotingMembers
Total Nbr Employees	903	TotalNbrEmployees
Total Nbr Volunteers	0	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	11812799	ContributionsGrantsPriorYear
Contributions Grants Current Year	11043241	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	57170166	ProgramServiceRevenuePriorYear
Program Service Revenue CY	62155073	ProgramServiceRevenueCY
Investment Income Prior Year	1631676	InvestmentIncomePriorYear
Investment Income Current Year	716045	InvestmentIncomeCurrentYear
Other Revenue Prior Year	77187	OtherRevenuePriorYear
Other Revenue Current Year	-2246	OtherRevenueCurrentYear
Total Revenue Prior Year	70691828	TotalRevenuePriorYear
Total Revenue Current Year	73912113	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	14951411	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	17264607	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	30582188	SalariesEtcPriorYear
Salaries Etc Current Year	32496826	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	2394628	TotalFundrsngExpCurrentYear
Other Expense Prior Year	21665067	OtherExpensePriorYear
Other Expenses Current Year	21754588	OtherExpensesCurrentYear
Total Expenses Prior Year	67198666	TotalExpensesPriorYear
Total Expenses Current Year	71516021	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	3493162	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	2396092	RevenuesLessExpensesCY
Total Assets BOY	115869401	TotalAssetsBOY
Total Assets EOY	115801843	TotalAssetsEOY
Total Liabilities BOY	52328771	TotalLiabilitiesBOY
Total Liabilities EOY	53624266	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	63540630	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	62177577	NetAssetsOrFundBalancesEOY
Mission Description	Gordon College strives to graduate men and women distinguished by intellectual maturity and Christian character committed to a lifestyle of servanthood and prepared for leadership roles in their homes, workplaces, churches and communities worldwide. Our primary activity is to provide an undergraduate liberal arts education.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	47276422	Expense
Grants	17249207	Grants
Revenue	47111527	Revenue
Description	Higher Education: Our largest program service is providing education and instruction to individuals giving them an opportunity to earn a degree. Gordon College is the only nondenominational Christian liberal arts college in New England. It offers 38 majors and confers 3 separate undergraduate degrees; Bachelor of Arts, Bachelor of Science and Bachelor of Music. Undergraduate enrollment of approximately 1553 students is drawn from 40 states and 37 countries. In 2011-12, Gordon College issued 340 undergraduate degrees (with a six-year graduation rate of 73.9%). Gordon had a faculty to student ratio of 15.4 with 70% of the students from outside Massachusetts. Of the 96 full-time faculty, 80% have earned doctorates. Gordon College students can take advantage of a wide variety of off-campus programs, both domestic and abroad. During 2011-12, 202 students participated in off-campus programs and short-term international seminars.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	15095316	Expense
Grants	0	Grants
Revenue	13815595	Revenue
Description	Auxiliary programs related to the educational process for dormitory housing, food service, bookstore, Lavida outdoor experience, balance and mobility center, summer athletic camps and other summer programs. There were 1329 resident students in the fall semester 2011 and 1250 in the spring semester 2012.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	761312	Expense
Grants	15400	Grants
Revenue	1227951	Revenue
Description	Higher Education: Gordon College has graduate programs in education and music education conferring degrees in Masters of Education in Curriculum and Instruction and Masters of Music Education. In 2011-12, the total of unduplicated graduate students was 593 drawn from 17 states and one country. Gordon College conferred 36 masters degrees in 2011.	Description

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	0	TotalOfOtherProgramServiceExp
Total Of Other Program Service Grnt	0	TotalOfOtherProgramServiceGrnt
Total Of Other Program Service Rev	0	TotalOfOtherProgramServiceRev
Total Program Service Expense	63133050	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	1	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	1	LobbyingActivities
Subject To Proxy Tax	0	SubjectToProxyTax
Donor Advised Funds	1	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	0	CollectionsOfArt
Credit Counseling	1	CreditCounseling
Term Or Permanent Endowments	1	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	1	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	0	ReportOtherAssets
Report Other Liabilities	1	ReportOtherLiabilities
Report Fin48 Footnote	1	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	1	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	0	GrantsToOrganizations
Grants To Individuals	1	GrantsToIndividuals
Schedule J Required	1	ScheduleJRequired
Tax Exempt Bonds	1	TaxExemptBonds
Invest Tax Exempt Bonds	0	InvestTaxExemptBonds
Escrow Account	0	EscrowAccount
On Behalf Of Issuer	0	OnBehalfOfIssuer
Excess Benefit Transaction	0	ExcessBenefitTransaction
Prior Excess Benefit Transaction	0	PriorExcessBenefitTransaction
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	1	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	1	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	0	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	256	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	903	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	0	UnrelatedBusinessIncome
Foreign Financial Account	1	ForeignFinancialAccount
Name Of Foreign Country	IT	NameOfForeignCountry
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Quid Pro Quo Contributions	1	QuidProQuoContributions
Quid Pro Quo Disclosure	1	QuidProQuoDisclosure
Form8282 Property Disposed Of	1	Form8282PropertyDisposedOf
Number Of8282 Filed	1	NumberOf8282Filed
Funds To Pay Premiums	0	FundsToPayPremiums
Premiums Paid	0	PremiumsPaid
Form1098 C Filed	1	Form1098CFiled
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	29	NbrVotingGoverningBodyMembers
Number Independent Voting Members	27	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	MA	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	Kimberlie Mather Controller	NamePerson
Telephone Number	9788674048	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	Gordon College	AddressLine1
City	Wenham	City
State	MA	State
ZIP Code	01984	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (39 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	FormerFormer
Judith M Dean
Board Member	1	X	0	0	0
Gregory Groover
Board Member	1	X	0	0	0
Bronwyn Loring III
Asst Clerk	5	X	0	0	0
Harold L Myra
Board Member	1	X	0	0	0
David C Schultz
Clerk/Treasurer	5	X	0	0	0
Herman J Smith Jr
Vice Chairman	5	X	0	0	0
Suannah Young
Board Member	1	X	0	0	0
John M Gurley
Board Member	1	X	0	0	0
Kurt Keilhacker
Chairman	5	X	0	0	0
Steven Krook
Board Member	1	X	0	0	0
Ava Memmen
Board Member	1	X	0	0	0
Thomas L Phillips
Board Member	2	X	0	0	0
Dale Fowler
Board Member	1	X	0	0	0
Peter Herschend
Board Member	1	X	0	0	0
Raymond Lee
Board Member	1	X	0	0	0
Roberto Miranda
Board Member	1	X	0	0	0
Bradford H Warner
Board Member	2	X	0	0	0
Mary Shahian
Board Member	1.5	X	0	0	0
Daniel Cho
Board member	2	X	0	0	0
Lisa Forkner
Board Member	1	X	0	0	0
Joseph Krivickas
Board Member	2	X	0	0	0
Samuel Schreiner III
Board member	1	X	0	0	0
Aaron Shin
Board member	1	X	0	0	0
Carrie Tibbles MD
Board member	1	X	0	0	0
Kirk Ware
Board Member	1	X	0	0	0
David Beatty
Trustee	1	X	0	0	0
Laura Fastie-Grapshi
Board Member	1	X	0	0	0
Gordon Hall
Board Member	1	X	0	0	0
Cherie Harder
Board Member	1	X	0	0	0
D Michael Lindsay
President	60		126286	0	37281	X
Mark Sargent
Provost	60		160593	0	24344	X
Daniel Tymann
Executive Vice President	60		139840	0	23607	X
Michael Ahearn
VP for Finance and Administration	60		140060	0	23317	X
Stanley Gaede
Scholar in Residence	60		107803	0	19780		X
Barry Loy
Vice President for Student Life	60		113980	0	21261		X
L Daniel Russ
Academic Dean	60		111707	0	20579		X
C Thomas Brooks
Professor of Music	60		111295	0	6106		X
Richard Sweeney
Vice President of Marketing and Communications	60		112756	0	22943		X
R Judson Carlberg
President Emeritus	40		270333	0	50560			X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	1394653	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	249778	TotalOtherCompensation
Number Individuals GT100 K	10	NumberIndividualsGT100K
Formers Listed	1	FormersListed
Total Comp GT150 K	1	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (2 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
Wellington Trust Company NA
75 State Street	Boston	MA	02109	Investment Management	140920
Grant Thornton LLP
33960 Treasury Center	Chicago	IL	606943900	Auditing services	156015

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	2	NumberOfContractorsGT100K
Federated Campaigns	0	FederatedCampaigns
Membership Dues	0	MembershipDues
Fundraising Events	180410	FundraisingEvents
Related Organizations	0	RelatedOrganizations
Government Grants	400873	GovernmentGrants
All Other Contributions	10461958	AllOtherContributions
Noncash Contributions	1825458	NoncashContributions
Total Contributions	11043241	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	ExclusionExclusionAmount
Student Tuition and Fees	611310	47599429	47599429	$0
Residence Hall Revenue	611310	8014847	8014847	$0
Board Plan	611310	2859863	2859863	$0
Summer Programs	611310	772432	772432	$0
Balance and Mobility Center	621340	547845	547845	$0

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	2360657	TotalRevenueColumn
Related Or Exempt Function Income	2360657	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Field	Value	IRS element (for citing)
Total Program Service Revenue	62155073	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	625170	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$625,170	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	66153	Real
Personal	0	Personal

Less Rental Expenses LessRentalExpenses

Field	Value	IRS element (for citing)
Real	0	Real
Personal	0	Personal

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	66153	Real
Personal	0	Personal

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	66153	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$66,153	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	8718430	Securities
Other	164800	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	8543408	Securities
Other	248947	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	175022	Securities
Other	-84147	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	90875	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$90,875	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	25830	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	180410	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	94229	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	-68399	TotalRevenueColumn
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	-$68,399	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	0	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	73912113	TotalRevenueColumn
Related Or Exempt Function Income	62155073	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$713,799	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	15594789	Total
Program Services	15594789	ProgramServices

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	1669818	Total
Program Services	1669818	ProgramServices

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	793000	Total
Program Services	0	ProgramServices
Management And General	758237	ManagementAndGeneral
Fundraising	34763	Fundraising

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	215379	Total
Program Services	203379	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	12000	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	22894069	Total
Program Services	17441625	ProgramServices
Management And General	4278881	ManagementAndGeneral
Fundraising	1173563	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	931659	Total
Program Services	709095	ProgramServices
Management And General	171263	ManagementAndGeneral
Fundraising	51301	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	6049616	Total
Program Services	4420601	ProgramServices
Management And General	1304108	ManagementAndGeneral
Fundraising	324907	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	1613103	Total
Program Services	1185720	ProgramServices
Management And General	339693	ManagementAndGeneral
Fundraising	87690	Fundraising

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	38685	Total
Program Services	0	ProgramServices
Management And General	38685	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	114277	Total
Program Services	0	ProgramServices
Management And General	114277	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	1237	Total
Program Services	1237	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total
Fundraising	0	Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	140082	Total
Program Services	0	ProgramServices
Management And General	140082	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	2470209	Total
Program Services	1743496	ProgramServices
Management And General	624573	ManagementAndGeneral
Fundraising	102140	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	200337	Total
Program Services	93343	ProgramServices
Management And General	1816	ManagementAndGeneral
Fundraising	105178	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	2404919	Total
Program Services	1739706	ProgramServices
Management And General	447977	ManagementAndGeneral
Fundraising	217236	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	1095254	Total
Program Services	686640	ProgramServices
Management And General	407887	ManagementAndGeneral
Fundraising	727	Fundraising

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	4347188	Total
Program Services	4208157	ProgramServices
Management And General	112727	ManagementAndGeneral
Fundraising	26304	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	2541476	Total
Program Services	2199899	ProgramServices
Management And General	235867	ManagementAndGeneral
Fundraising	105710	Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	57954	Total
Program Services	57954	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	5930035	Total
Program Services	5567488	ProgramServices
Management And General	327746	ManagementAndGeneral
Fundraising	34801	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	119707	Total
Program Services	74730	ProgramServices
Management And General	42576	ManagementAndGeneral
Fundraising	2401	Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
Allocation of Physical Plant	0	3283675	-3287362	3687
Food Service	1463179	1463179	0	0
Student Organizations	194894	194894	0	0
Special Events	426396	192750	141391	92255

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	208759	Total
Program Services	400875	ProgramServices
Management And General	-212081	ManagementAndGeneral
Fundraising	19965	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	71516021	Total
Program Services	63133050	ProgramServices
Management And General	5988343	ManagementAndGeneral
Fundraising	2394628	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	434167	BOY
EOY	893209	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	1289929	BOY
EOY	3944447	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	5981991	BOY
EOY	7995007	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	1413465	BOY
EOY	1296813	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	85683	BOY
EOY	77148	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	439822	BOY
EOY	645335	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	150590054	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	81613350	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	73040824	BOY
EOY	68976704	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	8245339	BOY
EOY	8264394	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	21091259	BOY
EOY	19833592	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	2851319	BOY
EOY	2832317	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	995603	BOY
EOY	1042877	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	115869401	BOY
EOY	115801843	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	1520312	BOY
EOY	1343422	EOY

Grants Payable GrantsPayable

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	1819509	BOY
EOY	1838316	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	39105510	BOY
EOY	38128578	EOY

Escrow Account Liability EscrowAccountLiability

Field	Value	IRS element (for citing)
BOY	262402	BOY
EOY	391749	EOY

Loans From Officers Directors LoansFromOfficersDirectors

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	358221	BOY
EOY	409404	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	9262817	BOY
EOY	11512797	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	52328771	BOY
EOY	53624266	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	32059577	BOY
EOY	27168098	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	13351833	BOY
EOY	11630050	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	18129220	BOY
EOY	23379429	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	63540630	BOY
EOY	62177577	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	115869401	BOY
EOY	115801843	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	2396092	ReconcilationRevenueExpenses
Reconcilation Other Changes	-3759145	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited
Audit Committee	1	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	1	FederalGrantAuditRequired
Federal Grant Audit Performed	1	FederalGrantAuditPerformed

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 C IRS990ScheduleC

Total Grassroots Lobbying TotalGrassrootsLobbying

Field	Value	IRS element (for citing)
Filing Organizations Totals	0	FilingOrganizationsTotals

Total Direct Lobbying TotalDirectLobbying

Field	Value	IRS element (for citing)
Filing Organizations Totals	1237	FilingOrganizationsTotals

Total Lobbying Expenditures TotalLobbyingExpenditures

Field	Value	IRS element (for citing)
Filing Organizations Totals	1237	FilingOrganizationsTotals

Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures

Field	Value	IRS element (for citing)
Filing Organizations Totals	69120156	FilingOrganizationsTotals

Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures

Field	Value	IRS element (for citing)
Filing Organizations Totals	69121393	FilingOrganizationsTotals

Lobbying Nontaxable LobbyingNontaxableAmount

Field	Value	IRS element (for citing)
Filing Organizations Totals	1000000	FilingOrganizationsTotals

Grassroots Nontaxable GrassrootsNontaxableAmount

Field	Value	IRS element (for citing)
Filing Organizations Totals	250000	FilingOrganizationsTotals

Tot Lobbying Grassroot Minus Non Tx TotLobbyingGrassrootMinusNonTx

Field	Value	IRS element (for citing)
Filing Organizations Totals	0	FilingOrganizationsTotals

Tot Lobby Expend Mns Lobbying Nontx TotLobbyExpendMnsLobbyingNontx

Field	Value	IRS element (for citing)
Filing Organizations Totals	0	FilingOrganizationsTotals

Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2

Field	Value	IRS element (for citing)
Current Year Minus3	1000000	CurrentYearMinus3
Current Year Minus2	1000000	CurrentYearMinus2
Current Year Minus1	1000000	CurrentYearMinus1
Current Year	1000000	CurrentYear
Total	4000000	Total

Field	Value	IRS element (for citing)
Lobbying Ceiling	$6,000,000	LobbyingCeilingAmount

Total Lobbying Expenditures2 TotalLobbyingExpenditures2

Field	Value	IRS element (for citing)
Current Year Minus3	81099	CurrentYearMinus3
Current Year Minus2	81078	CurrentYearMinus2
Current Year Minus1	537	CurrentYearMinus1
Current Year	1237	CurrentYear
Total	163951	Total

Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2

Field	Value	IRS element (for citing)
Current Year Minus3	250000	CurrentYearMinus3
Current Year Minus2	250000	CurrentYearMinus2
Current Year Minus1	250000	CurrentYearMinus1
Current Year	250000	CurrentYear
Total	1000000	Total

Field	Value	IRS element (for citing)
Grassroots Ceiling	$1,500,000	GrassrootsCeilingAmount

Grassroots Lobbying Expenditures GrassrootsLobbyingExpenditures

Field	Value	IRS element (for citing)
Current Year Minus3	0	CurrentYearMinus3
Current Year Minus2	0	CurrentYearMinus2
Current Year Minus1	0	CurrentYearMinus1
Current Year	0	CurrentYear
Total	0	Total

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Number DA Fs Held	0	NumberDAFsHeld
Number Funds Held	1	NumberFundsHeld
Donor Advised Contributions	0	DonorAdvisedContributions
Contrib To Funds And Other Accounts	0	ContribToFundsAndOtherAccounts
Grants Paid From Donor Funds	0	GrantsPaidFromDonorFunds
Grants Funds And Other Accounts	0	GrantsFundsAndOtherAccounts
Aggregate DAF Value	0	AggregateDAFValue
Aggregate Fund Value	47194	AggregateFundValue
Disclosed Orgs Legal Control	1	DisclosedOrgsLegalControl
Disclosed For Charitable Purposes	1	DisclosedForCharitablePurposes
Agent Trustee Etc	0	AgentTrusteeEtc
Included On FS	1	IncludedOnFS

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	32872995	BeginningOfYearBalance
Contributions	5090612	Contributions
Investment Earnings Or Losses	-694943	InvestmentEarningsOrLosses
Grants Or Scholarships	792960	GrantsOrScholarships
Other Expenditures	613848	OtherExpenditures
Administrative Expenses	0	AdministrativeExpenses
End Of Year Balance	35861856	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	29062217	BeginningOfYearBalance
Contributions	1075726	Contributions
Investment Earnings Or Losses	4071953	InvestmentEarningsOrLosses
Grants Or Scholarships	751459	GrantsOrScholarships
Other Expenditures	585442	OtherExpenditures
Administrative Expenses	0	AdministrativeExpenses
End Of Year Balance	32872995	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	26526253	BeginningOfYearBalance
Contributions	913915	Contributions
Investment Earnings Or Losses	3072574	InvestmentEarningsOrLosses
Grants Or Scholarships	903807	GrantsOrScholarships
Other Expenditures	546718	OtherExpenditures
Administrative Expenses	0	AdministrativeExpenses
End Of Year Balance	29062217	EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	34168996	BeginningOfYearBalance
Contributions	298841	Contributions
Investment Earnings Or Losses	-6886186	InvestmentEarningsOrLosses
Grants Or Scholarships	740711	GrantsOrScholarships
Other Expenditures	314687	OtherExpenditures
Administrative Expenses	0	AdministrativeExpenses
End Of Year Balance	26526253	EndOfYearBalance

Field	Value	IRS element (for citing)
Board Designated EOY Balance	0.15253	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	0.77465	PermanentEndowmentEOYBalance
Term Endowment EOY Balance	0.07282	TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs	0	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	0	EndowmentsHeldByRelatedOrgs

Land Land

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	5052	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	854072	OtherCostOrOtherBasis
Book Value	859124	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	116430758	OtherCostOrOtherBasis
Depreciation	52853491	Depreciation
Book Value	63577267	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	0	OtherCostOrOtherBasis
Depreciation	0	Depreciation
Book Value	0	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	22420010	OtherCostOrOtherBasis
Depreciation	20056583	Depreciation
Book Value	2363427	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	10880162	OtherCostOrOtherBasis
Depreciation	8703276	Depreciation
Book Value	2176886	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	68976704	TotalOfBookValueLandBuildings

Financial Derivatives FinancialDerivatives

Field	Value	IRS element (for citing)
Book Value	0	BookValue

Closely Held Equity Interests CloselyHeldEquityInterests

Field	Value	IRS element (for citing)
Book Value	19833592	BookValue
Method Of Valuation	F	MethodOfValuation

Field	Value	IRS element (for citing)
Total Of Book Value Securities	19833592	TotalOfBookValueSecurities

Other Liabilities OtherLiabilities (4 entries)

DescriptionDescription	AmountAmount
Conditional asset retirement obligation	$377,950
Fair value interest rate swap agreement	$7,040,995
Perkins Loan advances	$2,616,582
Annuity payment obligations	$1,477,270

Field	Value	IRS element (for citing)
Total Of Amounts	11512797	TotalOfAmounts
Total Revenue	73912113	TotalRevenue
Total Expenses	71516021	TotalExpenses
Excess Or Deficit For Year	2396092	ExcessOrDeficitForYear
Net Unrealized GL On Investments	-1362125	NetUnrealizedGLOnInvestments
Donated Services And Facilities	0	DonatedServicesAndFacilities
Investment Expenses	0	InvestmentExpenses
Prior Period Adjustments	0	PriorPeriodAdjustments
Other	-$2,397,020	OtherAmount
Total Adjustments	-3759145	TotalAdjustments
Excess Or Deficit Per FS	-1363053	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	55561190	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	-1362125	NetUnrealizedGainsInvestments
Donated Srvc And Use Of Facilities	0	DonatedSrvcAndUseOfFacilities
Recoveries Of Prior Year Grants	0	RecoveriesOfPriorYearGrants
Other Revenues	385208	OtherRevenues
Revenue Not Rptd F990	-976917	RevenueNotRptdF990
Revenue Subtotal	56538107	RevenueSubtotal
Investment Expenses Not Included	140082	InvestmentExpensesNotIncluded
Other Revenues Not Included	17233924	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	17374006	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	73912113	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	56924243	TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities	0	DonatedServicesUseOfFacilities
Prior Year Adjustments	0	PriorYearAdjustments
Losses Reported	102946	LossesReported
Other Expenses Included	2679282	OtherExpensesIncluded
Expenses Not Rptd F990	2782228	ExpensesNotRptdF990
Expenses Subtotal	54142015	ExpensesSubtotal
Investment Expenses Not Included2	140082	InvestmentExpensesNotIncluded2
Other Expenses Not Included	17233924	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	17374006	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	71516021	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (8 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
SchD_P04_S00_L02b	Schedule D, Part IV, Line 2b	The College maintains custodial or "pass through" accounts for Federal student loans, Pell grant and state grants. Funds are held in these accounts until distributed to individual students. The College also maintains custodial accounts for student government and student ministry groups and activities.
SchD_P05_S00_L04	Schedule D, Part V, Line 4	The intended use of endowment funds is driven by donor restrictions on our endowments. Approximately 64% of appropriated revenues this year were in scholarship awards. 20% of revenues supported general activities and physical plant. The remaining 16% was allocated to instructional activities and academic support programs. Distributions of income are made using a total return method. We use a spending rate of 5% of the 3 year rolling average of the fair market value of the investments.
SchD_P10_S00_L02	Schedule D, Part X, Line 2	FIN 48 Footnote: The College is recognized as an organization exempt from income tax under Section 501(c)(3) of the Internal Revenue Code. However, certain activities of exempt organizations, to the extent profitable, may be subject to federal and state taxation as unrelated business income. Accordingly, no provision for income taxes has been made in these financial statements. The College recognizes the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit. For tax positions meeting the more-likely-than-not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement with the relevant tax authority. The College has applied this more-likely-than-not threshold to all tax positions for which the statute of limitations remained open and determined there were no material unrecognized tax benefits as of that date. In addition there have been no material changes in unrecognized benefits since adoption. It is the College's policy to record estimated interest and penalties (if any) as part of management and general expense. Management believes that the College's income tax returns for fiscal years 2007 and prior are no longer subject to examination by taxing authorities.
SchD_P11_S00_L08	Schedule D, Part XI, Line 8	Included in this figure is the change in value of interest rate swap agreements of (2,221,927) and the change in split interest agreements of (175,093).
SchD_P12_S00_L02d	Schedule D, Part XII, Line 2d	This figure includes the FWS apportionment budget allocation of 188,033 included in income on the financial statements, special events expenses of 94,229 included in expense on the financial statements and loss on disposal of assets of $102,946.
SchD_P12_S00_L04b	Schedule D, Part XII, Line 4b	Included here are: scholarships and grants of 16,835,431 treated as tuition discount on the financial statements; FSEOG and FWS of 398,493 treated as pass through activity on the financial statements and not reflected in income.
SchD_P13_S00_L02d	Schedule D, Part XIII, Line 2d	This figure includes: FWS apportionment budget allocation of 188,033 included in income on the financial statements; special events expenses of 94,229 included in expense on the financial statements; change in fair value of split interest agreements of 175,093; change in fair value of interest rate swap agreements of 2,221,927.
SchD_P13_S00_L04b	Schedule D, Part XIII, Line 4b	Included here are: scholarships and grants of 16,835,431 treated as tuition discount on the financial statements; FSEOG and FWS of 398,493 treated as pass through activity on the financial statements and not reflected in expense.

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	0	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	1	GovernmentFinancialAidReceived
Government Financial Aid Revoked	0	GovernmentFinancialAidRevoked
Compliance With Rev Proc7550	1	ComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
SchE_P01_S00_L03	Schedule E, Part I, Line 3	We draw a substantial percentage of our students from New England and the northeastern states and follow a racially nondiscriminatory policy as to our students. Because of this, we believe that the publicity requirement is satisfied by complying with section 4.02. Because we are an interdenominational Christian college, our market appeal is to a smaller segment of the general population. Given the technology available today, we have invested in our web site as the way to reach the most students. Our promotional activities and recruiting efforts in each geographic area are designed to inform students of all racial segments interested in a Christian college of the availability of Gordon College.
SchE_P01_S00_L06	Schedule E, Part I, Line 6	Gordon College receives Title IV funds for aid to students from the Department of Education for Federal Work Study, FSEOG, Federal Pell grant and other Federal student aid grant programs.

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	1	GrantRecordsMaintained

Accts Actvs Out US Table AcctsActvsOutUSTable (23 entries)

RegionRegion	Number Of OfficesNumberOfOffices	Number Of EmployeesNumberOfEmployees	Type Of Activities ConductedTypeOfActivitiesConducted	Specific Services ProvidedSpecificServicesProvided	Total ExpendituresTotalExpenditures
Europe (including Iceland and Greenland)	1	16	Program Services	We offer semester based programs in Italy and France. Expenses are reported using accrual based accounting. Employee compensation is processed through our campus payroll system. Other program costs are managed by the Program Director (Italy) and the coordinator (France). Funds are wired at request of program leaders and approved by the Global Education administrator. The program leaders pay local expenses. Expense documentation is submitted to Controller's Office for review. Costs recorded at the time of the wires are for tuition, room, board and incidentals of students. International Seminar courses are run for 2-4 week periods on a subject related to that country. In country expenses are for food, lodging, transportation and entrance fees. Expenses must be documented and submitted to the Controller's Office for review. The Global Ed Office also approves students to attend non-Gordon programs at other organizations or foreign colleges/universities. Funds are sent directly.	1381774
Europe (including Iceland and Greenland)	0	0	Fundraising		47979
Europe (including Iceland and Greenland)	0	0	Program Services	Missions and service learning trips: Goal of trips is to help students serve overseas for a period of time ranging from 3-10 weeks over semester or summer breaks. They are student led/staff advised. In country costs are for food, housing, transportation and service project expenses. Where possible, funds are wired for these costs based on approvals from the Dean of Chapel. Per Diem advances based on State Department rates are issued to trip leaders to pay in country costs. Trip leaders must document the expenses with detailed itineraries and have approval from the Dean of Chapel.	15951
Central America and the Caribbean	0	0	Program Services	The Global Education Office approves students to attend non-Gordon programs at other organizations or foreign colleges or universities. Funds are sent on behalf of those students directly to those programs.	71096
Central America and the Caribbean	0	0	Program Services	Missions and service learning trips: Goal of trips is to help students serve overseas for a period of time ranging from 3-10 weeks over semester or summer breaks. They are student led/staff advised. In country costs are for food, housing, transportation and service project expenses. Where possible, funds are wired for these costs based on approvals from the Dean of Chapel. Per Diem advances based on State Department rates are issued to trip leaders to pay in country costs. Trip leaders must document the expenses with detailed itineraries and have approval from the Dean of Chapel.	77397
South Asia	0	0	Program Services	The Global Education Office approves students to attend non-Gordon programs at other organizations or foreign colleges or universities. Funds are sent on behalf of those students directly to those programs.	14250
South Asia	0	0	Program Services	Missions and service learning trips: Goal of trips is to help students serve overseas for a period of time ranging from 3-10 weeks over semester or summer breaks. They are student led/staff advised. In country costs are for food, housing, transportation and service project expenses. Where possible, funds are wired for these costs based on approvals from the Dean of Chapel. Per Diem advances based on State Department rates are issued to trip leaders to pay in country costs. Trip leaders must document the expenses with detailed itineraries and have approval from the Dean of Chapel.	34497
Middle East and North Africa	0	0	Program Services	We offer International Seminar courses which are run for 2-4 week periods on a particular subject related to that country. In country expenses are for food, lodging, transportation and entrance fees. Expenses must be documented and submitted to the Controller's Office for review. The Global Education Office also approves students to attend non-Gordon programs at other organizations or foreign colleges or universities. Funds are sent on behalf of those students directly to those programs.	137335
Sub-Saharan Africa	0	0	Program Services	We offer International Seminar courses which are run for 2-4 week periods on a particular subject related to that country. In country expenses are for food, lodging, transportation and entrance fees. Expenses must be documented and submitted to the Controller's Office for review. The Global Education Office also approves students to attend non-Gordon programs at other organizations or foreign colleges or universities. Funds are sent on behalf of those students directly to those programs.	92979
Sub-Saharan Africa	0	0	Program Services	Missions and service learning trips: Goal of trips is to help students serve overseas for a period of time ranging from 3-10 weeks over semester or summer breaks. They are student led/staff advised. In country costs are for food, housing, transportation and service project expenses. Where possible, funds are wired for these costs based on approvals from the Dean of Chapel. Per Diem advances based on State Department rates are issued to trip leaders to pay in country costs. Trip leaders must document the expenses with detailed itineraries and have approval from the Dean of Chapel.	98528
East Asia and the Pacific	0	0	Program Services	The Global Education Office approves students to attend non-Gordon programs at other organizations or foreign colleges or universities. Funds are sent on behalf of those students directly to those programs.	149385
North America (including Canada and Mexico, but not the United States)	0	0	Program Services	Missions and service learning trips: Goal of trips is to help students serve overseas for a period of time ranging from 3-10 weeks over semester or summer breaks. They are student led/staff advised. In country costs are for food, housing, transportation and service project expenses. Where possible, funds are wired for these costs based on approvals from the Dean of Chapel. Per Diem advances based on State Department rates are issued to trip leaders to pay in country costs. Trip leaders must document the expenses with detailed itineraries and have approval from the Dean of Chapel.	8876
South America	0	0	Program Services	Missions and service learning trips: Goal of trips is to help students serve overseas for a period of time ranging from 3-10 weeks over semester or summer breaks. They are student led/staff advised. In country costs are for food, housing, transportation and service project expenses. Where possible, funds are wired for these costs based on approvals from the Dean of Chapel. Per Diem advances based on State Department rates are issued to trip leaders to pay in country costs. Trip leaders must document the expenses with detailed itineraries and have approval from the Dean of Chapel.	30923
South America	0	0	Program Services	The Global Education Office approves students to attend non-Gordon programs at other organizations or foreign colleges or universities. Funds are sent on behalf of those students directly to those programs.	58192
Russia and the newly independent States	0	0	Program Services	The Global Education Office approves students to attend non-Gordon programs at other organizations or foreign colleges or universities. Funds are sent on behalf of those students directly to those programs.	14042
Europe (including Iceland and Greenland)	0	0	Grantmaking		81284
Central America and the Caribbean	0	0	Grantmaking		139481
South Asia	0	0	Grantmaking		110472
Sub-Saharan Africa	0	0	Grantmaking		210429
East Asia and the Pacific	0	0	Grantmaking		928130
North America (including Canada and Mexico, but not the United States)	0	0	Grantmaking		90730
South America	0	0	Grantmaking		82292
Russia and the newly independent States	0	0	Grantmaking		27000

Field	Value	IRS element (for citing)
Total Number Of Offices	1	TotalNumberOfOffices
Total Number Of Employees	16	TotalNumberOfEmployees
Total Amount Spent	3903022	TotalAmountSpent

Grants To Ind Outside US GrantsToIndOutsideUS (8 entries)

Type Of AssistanceTypeOfAssistance	RegionRegion	Number Of RecipientsNumberOfRecipients	Amount Of Cash GrantAmountOfCashGrant	Manner Of Cash DisbursementMannerOfCashDisbursement
Scholarship and Grants	Europe (including Iceland and Greenland)	8	81284	credit to student bill
Scholarship and Grants	Central America and the Caribbean	7	139481	credit to student bill
Scholarship and Grants	South Asia	4	110472	credit to student bill
Scholarship and Grants	Sub-Saharan Africa	9	210429	credit to student bill
Scholarship and Grants	East Asia and the Pacific	39	928130	credit to student bill
Scholarship and Grants	North America (including Canada and Mexico, but not the United States)	5	90730	credit to student bill
Scholarship and Grants	South America	3	82292	credit to student bill
Scholarship and Grants	Russia and the newly independent States	1	27000	credit to student bill

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)
Identifier	SchF_P01_S00_L02	Identifier
Return Reference	Schedule F, Part I, Line 2	ReturnReference
Explanation	Grants and scholarships to international students are treated as tuition discounts and are applied as accounting credits on each student's bill. They are not paid directly to the student. Merit scholarships are awarded based on academic criteria and are renewed annually based on satisfactory GPA requirements that are verified by the Registrar's Office. Donated scholarship funds are awarded based on criteria provided by donors. Specific eligibility is verified annually by the Registrar's Office, Admissions and the Financial Aid Office. Need based grants are awarded based on the student's determined financial need. The College uses information provided by the CSS Profile of the College Board. The grant amount is carried forward from year to year unless there is a significant change in determined financial need.	Explanation

Schedule G IRS990ScheduleG

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	Celebration of Faithful Leadership	NameOfEvent1
Gross Receipts Event1	163910	GrossReceiptsEvent1
Charitable Contributions Event1	145360	CharitableContributionsEvent1
Gross Revenue Event1	18550	GrossRevenueEvent1
Cash Prizes Event1	0	CashPrizesEvent1
Non Cash Prizes Event1	0	NonCashPrizesEvent1
Rent Facility Costs Event1	17019	RentFacilityCostsEvent1
Food And Beverage Event1	23485	FoodAndBeverageEvent1
Entertainment Event1	800	EntertainmentEvent1
Other Direct Expenses Event1	3487	OtherDirectExpensesEvent1
Name Of Event2	Business Leader Breakfast - Spring	NameOfEvent2
Gross Receipts Event2	26330	GrossReceiptsEvent2
Charitable Contributions Event2	21962	CharitableContributionsEvent2
Gross Revenue Event2	4368	GrossRevenueEvent2
Cash Prizes Event2	0	CashPrizesEvent2
Non Cash Prizes Event2	0	NonCashPrizesEvent2
Rent Facility Costs Event2	7237	RentFacilityCostsEvent2
Food And Beverage Event2	8660	FoodAndBeverageEvent2
Entertainment Event2	17600	EntertainmentEvent2
Other Direct Expenses Event2	1244	OtherDirectExpensesEvent2
Total Number Of Other Events	1	TotalNumberOfOtherEvents
Gross Receipts Other Events	16000	GrossReceiptsOtherEvents
Charitable Contrib Other Events	13088	CharitableContribOtherEvents
Gross Revenue Other Events	2912	GrossRevenueOtherEvents
Cash Prizes Other Events	0	CashPrizesOtherEvents
Non Cash Prizes Other Events	0	NonCashPrizesOtherEvents
Rent Facility Costs Other Events	2674	RentFacilityCostsOtherEvents
Food And Beverage Other Events	10775	FoodAndBeverageOtherEvents
Entertainment Other Events	400	EntertainmentOtherEvents
Other Direct Expenses Other Events	848	OtherDirectExpensesOtherEvents
Gross Receipts Total	206240	GrossReceiptsTotal
Charitable Contributions Total	180410	CharitableContributionsTotal
Gross Revenue Total Events	25830	GrossRevenueTotalEvents
Cash Prizes Total Events	0	CashPrizesTotalEvents
Non Cash Prizes Total Events	0	NonCashPrizesTotalEvents
Rent Facility Costs Total Events	26930	RentFacilityCostsTotalEvents
Food And Beverage Total Events	42920	FoodAndBeverageTotalEvents
Entertainment Total Events	18800	EntertainmentTotalEvents
Other Direct Expenses Total Events	5579	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	94229	DirectExpenseSummaryEvents
Net Income Summary	-68399	NetIncomeSummary

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	1	RecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII (8 entries)

Type Of GrantTypeOfGrant	Number Of RecipientsNumberOfRecipients	Amount Of Cash GrantAmountOfCashGrant	Amount Of Non Cash AssistanceAmountOfNonCashAssistance
Scholarships and Grants to Gordon College students	1385	15183013	0
Federal SEOG Grants to students	255	162460	0
Federal Work Study Grants to students	842	206033	0
Federal TEACH Grant	9	30000	0
Dr Marvin Wilson Award for Teaching	1	1000
Mason Scholar award	1	183	0
Jerusalem Athens Forum Award	1	100	0
Elijah Project Grants	11	12000	0

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	SchI_P01_S00_L02	Identifier
Return Reference	Schedule I, Part I, Line 2	ReturnReference
Explanation	Gordon College awards three types of grants/scholarships: merit scholarships, need-based grants and endowment funded restricted scholarships. Merit scholarships are awarded based on the incoming student's academic criteria determined by the Admissions Office. These scholarships are renewed annually by verification of the Registrar's Office that cumulative GPA requirements are met. Need-based grants are awarded based on the student's determined financial need. We determine financial need using information provided by the FAFSA. We practice level-funding of the need-based grants to future years unless there is a significant change in determined financial need. Endowment funded restricted scholarships are awarded based on criteria established by donors. The criteria information on specific eligible students is provided by the Registrar, Admissions and Financial Aid Offices. Students are evaluated annually to verify they continue to meet the donor criteria for an endowment award.	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Travel For Companions	X	TravelForCompanions
Housing Allowance Or Residence	X	HousingAllowanceOrResidence
Club Dues Or Fees	X	ClubDuesOrFees
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	0	SeverancePayment
Supplemental Nonqual Retire Plan	1	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 (5 entries)

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
R Judson Carlberg
222674	0	0	0	47659	0	12353	0	38207	0	320893	0	9944	0
Mark Sargent
137206	0	0	0	23387	0	8295	0	16049	0	184937	0	6056	0
Daniel Tymann
126943	0	0	0	12897	0	7281	0	16326	0	163447	0	3899	0
D Michael Lindsay
119570	0	0	0	6716	0	6567	0	30714	0	163567	0	0	0
Michael Ahearn
110507	0	0	0	29553	0	7093	0	16224	0	163377	0	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
SchJ_P01_S00_L01a	Schedule J, Part I, Line 1a	Travel for companions: Occasionally spouses of officers accompany them on business trips for the College. In order to be treated as a working condition fringe benefit, the College requires substantiation of the trip as a bonafide business expense for both the officer and the spouse. If there is no business purpose for the spouse, the spousal travel is treated as taxable income to the officer or the officer reimburses the College. One officer incurred spousal travel and all the travel was treated as nontaxable. Housing allowance or residence for personal use: The President is required to live in on-campus housing for hosting purposes and 24/7 availability to the campus community. Because of this requirement, it is excluded from wages under Section 119 of the IRS code. This is reported in the nontaxable compensation amounts for both the President Emeritus and the incoming President listed on the return. Each of them lived in the President's house on campus for 6 months of the calendar year on which the compensation reporting is based for this Form 990. The value of the housing reported for each of them is $18,418, as the annualized amount is $36,836. Health or social club dues or initiation fees: One listed persons received this benefit. The President is required by the Board to have a Harvard Club membership provided by the College. It was used for business purposes only and none of it was treated as taxable compensation.
SchJ_P01_S00_L04	Schedule J, Part I, Line 4	Some officers and highly compensated employees participated in a 457(f) deferred compensation plan. Each participant must be judged by the executive committee of the board to have attained goals at the end of the fiscal year and funds must be available in the College budget in order for a deposit to be made for the participant in the 457(f) plan. After funds are deposited, there is a substantial risk of forfeiture for a 3 year period based on continued employment by the participant. After the 3 year period, funds are disbursed and taxed to the participant. All participants have completed the 3 year period and received disbursements or forfeited. No new funds have been added and the plans are now inactive.

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)

Issuer EINIssuerEIN	Date IssuedDateIssued	Issue PriceIssuePrice	Description Of PurposeDescriptionOfPurpose	DefeasedDefeased	On Behalf Of IssuerOnBehalfOfIssuer	Pool FinancingPoolFinancing
Massachusetts Development Financy Agency
043431814	2009-10-15	30000000	Refunding of prior issuances (original date of issuances; July 10, 2001, Aug 1, 2002, Jan 1, 2007)	0	0	0
Massachusetts Development Finance Agency
043431814	2010-01-04	10000000	Conversion of prior issuances (dated 10/15/2009)	0	0	0

Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)

Amount RetiredAmountRetired	Amount Bond DefeasedAmountBondDefeased	Total ProceedsTotalProceeds	Amount In Reserve FundAmountInReserveFund	Capitalized InterestCapitalizedInterest	Refunding EscrowRefundingEscrow	Issuance Costs From ProceedsIssuanceCostsFromProceeds	Credit EnhancementCreditEnhancement	Working Capital ExpendituresWorkingCapitalExpenditures	Capital ExpendituresCapitalExpenditures	Other Spent ProceedsOtherSpentProceeds	Amount UnspentAmountUnspent	Year Of Subst CompletionYearOfSubstCompletion	Current RefundingCurrentRefunding	Advance RefundingAdvanceRefunding	Final Allocation MadeFinalAllocationMade	Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind
0	0	30000000	0	0	0	469827	0	0	0	0	0	2008	1	0	1	1
0	0	10000000	0	0	0	0	0	0	0	0	0	2008	1	0	1	1

Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)

Owning Bond Financed PropertyOwningBondFinancedProperty	Any Lease ArrangementsAnyLeaseArrangements	Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty	Any Research AgreementsAnyResearchAgreements	Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers	Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI	Total Private Business UseTotalPrivateBusinessUse	Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs
0	0	0	0	0	0	0	1
0	0	0	0	0	0	0	1

Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)

Form8038 T FiledForm8038TFiled	Variable Rate IssueVariableRateIssue	Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds	Business Name Line2NameOfHedgeProvider/BusinessNameLine2	Term Of HedgeTermOfHedge	Superintegrated HedgeSuperintegratedHedge	Hedge TerminatedHedgeTerminated	Gross Proceeds Invested In GICGrossProceedsInvestedInGIC	Gross Proceeds InvestedGrossProceedsInvested	Exception To RebateExceptionToRebate
Bank of America
0	1	1	RBS Citizens Bank	26.2	0	0	0	0	1
Bank of America
0	1	1	RBS Citizens Bank	26.2	0	0	0	0	1

Field	Value	IRS element (for citing)
Fed Tax Requirements Compliance	X	FedTaxRequirementsCompliance

Form990 Schedule K Part VI Form990ScheduleKPartVI (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
SchK_P02_S00_L06	Schedule K, Part II, Line 6	The balance of the escrow account was $0 as of the reporting date. An escrow account was used at the time of the issuance until 11/16/2009 per the bond agreement.
SchK_P04_S00_L03c	Schedule K, Part IV, Line 3c	As of June 30, 2012, the College has multiple interest rate swap agreements, with terms (in years) 10, 20, 26.2, 10, and 19 for the $30,000,000 issuance and terms (in years) 10, 20, 26.2, and 10 for the $10,000,000 issuance. Gordon College put in the longest swap term in line 3c, since we are only able to input one term.
SchK_P05_S00_L00	Schedule K, Part V	At the time of the 2009 bond issuance, written post-issuance compliance procedures had not been enacted. After June 30, 2012, the College did identify a violation of Federal tax requirements related to maintaining ownership of property purchased with bond proceeds. The College enacted post-issuance compliance procedures and subsequently went through the Voluntary Closing Agreement Program. A VCAP agreement has been approved by the IRS, thus resolving the issue.

Schedule L IRS990ScheduleL

Form990 Schedule L Part III Form990ScheduleLPartIII (2 entries)

Name Of Interested PersonNameOfInterestedPerson	Relationship With OrganizationRelationshipWithOrganization	Amount Of GrantAmountOfGrant	Type Of AssistanceTypeOfAssistance
related to trustee	son of trustee	9000	Merit scholarship
Related to substantial contributor	grandson of substantial contributor	22982	Merit scholarship

Form990 Schedule L Part IV Form990ScheduleLPartIV (4 entries)

RelationshipRelationship	Amount Of TransactionAmountOfTransaction	Description Of TransactionDescriptionOfTransaction	Sharing Of RevenuesSharingOfRevenues
Jonathan Tymann
brother of Executive Vice President	125915	employment compensation	0
Jennifer Memmen
daughter of trustee	39300	employment compensation	0
Arlyne Sargent
spouse of Provost	22033	employment compensation	0
Janice Carlberg
spouse of former President	13629	employment compensation	0

Schedule M IRS990ScheduleM

Books And Publications BooksAndPublications

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Noncash Contribs Rptd F990	0	NoncashContribsRptdF990
Method Of Determining Revenues	cost of donated property	MethodOfDeterminingRevenues

Clothing And Household Goods ClothingAndHouseholdGoods

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Noncash Contribs Rptd F990	0	NoncashContribsRptdF990
Method Of Determining Revenues	cost of donated property	MethodOfDeterminingRevenues

Cars And Other Vehicles CarsAndOtherVehicles

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	1	NumberOfContributions
Noncash Contribs Rptd F990	90000	NoncashContribsRptdF990
Method Of Determining Revenues	fair market value	MethodOfDeterminingRevenues

Securities Publicly Traded SecuritiesPubliclyTraded

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	98	NumberOfContributions
Noncash Contribs Rptd F990	1735458	NoncashContribsRptdF990
Method Of Determining Revenues	fair market value on date of receipt	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Number Of8283 Received	0	NumberOf8283Received
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts	1	ReviewProcessUnusualNCGifts
Third Parties Used	1	ThirdPartiesUsed

Form990 Schedule M Part II Form990ScheduleMPartII (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
SchM_P01_S00_L32b	Schedule M, Part I, Line 32b	Stock gifts are received and sold by Wells Fargo Advisors, LLC, 138 Conant Street, Beverly, MA 01915.
SchM_P01_S00_L33	Schedule M, Part I, Line 33	Lines 4 and 5: Revenues were not reported because the gifts were not given a value as appraisals were unavailable.

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
F990_P06_S0B_L11b	Form 990, Part VI, Section B, Line 11b	The controller prepares the 990 and submits it for review to the vice president for finance and the president. This year the 990 has also been reviewed by tax advisors from a national accounting firm. Once the 990 is approved by the president and vice president, it is provided to the board before filing. It is then signed by the vice president for finance and filed electronically.
F990_P06_S0B_L12c	Form 990, Part VI, Section B, Line 12c	An annual Disclosure Form delineating conflicts is distributed to all trustees at the annual board meeting and must be signed by each trustee. A copy is mailed to any trustee that is absent and must be signed and returned. Trustees must recuse themselves from any discussion of or vote on any issue involving conflicts of interest. Key employees and officers must also sign an annual conflict of interest form which clearly delineates conflicts of interest. College counsel monitors and reviews the conflict of interest statements. The president's office collects and maintains them.
F990_P06_S0B_L15	Form 990, Part VI, Section B, Line 15	The executive committee of the board serves as the compensation committee for the president's position. CCC and CCCU compensation studies of college presidents are reviewed by the committee and the salary is set by committee vote. The president has an annual review by the committee and is judged based on attainment of goals for the year. The president submits compensation comparability data for the provost, vice president for finance and executive vice president positions. Compensation increases are based upon job performance and the independent studies. Minutes are kept of the process and the committee vote. The last review process took place in 2012.
F990_P06_S0C_L19	Form 990, Part VI, Section C, Line 19	Our governing documents are available upon request. Our conflict of interest policy is available on our public web site. Our financial statements are available upon request and copies are maintained in the College library.
F990_P11_S00_L05	Form 990, Part XI, Line 5	Other changes in net assets include: Change in fair value of split interest agreements (175,093); Interest rate swap fair value adjustment (2,221,927); Unrealized losses on investments (1,362,125).

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII

Name Of Disregarded Entity NameOfDisregardedEntity

Field	Value	IRS element (for citing)
Business Name Line1	Gordon College Foundation	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	255 Grapevine Road	AddressLine1
City	Wenham	City
State	MA	State
ZIP Code	01984	ZIPCode

Field	Value	IRS element (for citing)
EIN	222610484	EIN
Primary Activities	Advise on land use	PrimaryActivities
Legal Domicile State	MA	LegalDomicileState
Exempt Code Section	501(c)(3)	ExemptCodeSection
Public Charity Status	9	PublicCharityStatus

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	Gordon College	BusinessNameLine1

Field	Value	IRS element (for citing)
Controlled Org	1	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	0	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	0	LoansOrGuaranteesFromOtherOrg
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	0	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	0	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	0	PerformOfServicesByOtherOrgs
Sharing Of Facilities	0	SharingOfFacilities
Sharing Of Paid Employees	0	SharingOfPaidEmployees
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	0	OtherTransferToOtherOrg
Other Transfer From Other Org	0	OtherTransferFromOtherOrg