2013-05-13T09:51:52-07:00 2012-06-30 BKD LLP 200 E MAIN ST STE 700 FORT WAYNE IN 468021900 990 2011-07-01 381358399 MARYGROVE COLLEGE MARY 3139271200 8425 WEST MCNICHOLS RD DETROIT MI 48221 WILLIAM JOHNSON 3139271200 2013-05-03 true BKD LLP 2604604000 2011 2016-02-24 21:20:13Z WILLIAM JOHNSON 8425 W MCNICHOLS DETROIT MI 48221 32803806 false X WWW.MARYGROVE.EDU X 1959 MI PROVIDE AN INDEPENDENT, CATHOLIC LIBERAL ARTS HIGHER EDUCATION FOCUSED ON URBAN LEADERSHIP AIMED TOWARDS STUDENTS FROM DIVERSE BACKGROUNDS, AND TO SERVE THE PEOPLE OF METROPOLITAN DETROIT AND BEYOND 19 19 961 100 0 3169678 2598554 30139934 29374491 798150 348432 339082 -1963 34446844 32319514 9460230 9875469 0 16134442 17567593 0 722704 9870633 10219778 35465305 37662840 -1018461 -5343326 38921079 34792269 15153267 16427641 23767812 18364628 X MARYGROVE COLLEGE, AN INDEPENDENT CATHOLIC LIBERAL ARTS COLLEGE false false 31736998 9875469 29374491 MARYGROVE PROVIDED EDUCATIONAL INSTRUCTION, STUDENT SERVICES, ACADEMIC SUPPORT AND ADMINISTRATIVE SUPPORT TO STUDENTS AT THE UNDERGRADUATE, GRADUATE, AND EXTENDED LEARNING LEVELS. MARYGROVE OFFERS SMALL CLASSES TAUGHT BY PROFESSORS AND REAL-WORLD EXPERTS WHO INSTILL VALUABLE STRATEGIC KNOWLEDGE. 31736998 true true false false false false false false false true true false false false true false true false true false true false false false true false false false true true false false false false false false false false true false false false false false false false false true 4319 0 true 961 true false false false false false true true false false false false X 19 19 false false false false false false false true true false false true true true true true true true true false X WILLIAM JOHNSON 3139271226 8425 WEST MCNICHOLS DETROIT MI 48221 JAMES HEIMBUCH 1.00 X 0 0 0 ALFRED BINFORD 1.00 X 0 0 0 PATRICIA MCCLUSKEY IHM 1.00 X X 0 0 0 MAREDA BABCOCK 1.00 X 0 0 0 PAULETTE BALICH 1.00 X X 0 0 0 JOHN CAVANAUGH 1.00 X 0 0 0 ELIZABETH BURNS 1.00 X X 0 0 0 MARYFRANCES BARBER IHM 1.00 X 0 0 0 JUDITH DART 1.00 X 0 0 0 KAY BENESH 1.00 X 0 0 0 DONNA JURICK 1.00 X 0 0 0 DIANE DEFRANCIS 1.00 X 0 0 0 NANCY GESCHKE 1.00 X 0 0 0 MARY ANN HINSDALE 1.00 X 0 0 0 LEROY RICHIE 1 X MAXINE KOLLASCH 1 X SUZANNE SATTLER IHM 1 X SHARON HOLLAND IHM 1 X LINDA PARKER 1 X DAVID FIKE 60 X 263759 8960 WILLIAM JOHNSON 60 X 204823 9714 JANE HAMMANG-BUHL 60 X 127412 1907 KEN MALECKE 60 X 181127 5722 JULIANA MOSLEY 60 X 126522 5086 903643 31389 5 false true false OVATIONS PO BOX 261 NEW HUDSON MI 48165 DINING SERVICES 1369144 CARETECH SOLUTIONS INC PO BOX 674271 DETROIT MI 482674271 TECHNOLOGY SERVICES 870679 BARNES AND NOBLE 120 MOUNTAIN VIEW BLVD BASKIN RIDGE NJ 48021 BOOKSTORE 510202 ELLUCIAN INC 4375 FAIR LAKES COURT FAIRFAX VA 22033 ERP SYSTEM 374325 MILLER LANDSCAPE INC 815 BROWN ROAD ORION MI 48359 CAPITAL PROJECTS 249696 16 16102 1029532 1552920 78253 2598554 TUITION AND FEES 611710 23015581 AUXILIARY SERVICES 611710 452182 RESIDENCE HALL 611710 689592 STUDENT FINANCIAL AID 611710 4967454 OTHER PROGRAM SERVICE REVENUES 611710 249682 29374491 243231 243231 578832 473631 105201 105201 105201 8698 16102 10661 -1963 -1963 32319514 29374491 346469 0 0 9875469 9875469 0 0 0 0 614732 221543 325939 67250 0 0 0 0 13189014 10407342 2434810 346862 93380 71903 18676 2801 2673557 2058639 534711 80207 996910 767621 199382 29907 0 0 0 0 80895 62289 18606 0 55100 42427 12673 0 0 0 0 0 0 0 44766 34470 10296 0 1124191 865627 224838 33726 530485 408473 106097 15915 1417007 1091096 283401 42510 1396438 1075257 279288 41893 0 0 0 0 689489 530906 137898 20685 471313 362911 94263 14139 0 0 0 0 352457 271392 70491 10574 381092 381092 0 0 0 0 0 0 1493643 1150105 343538 0 236181 181860 47236 7085 TRAINING 76291 58744 15258 2289 BAD DEBT 608923 608923 0 0 MISCELLANEOUS 228684 176086 45737 6861 FOOD SERVICE PROVIDER 1032823 1032823 0 0 37662840 31736998 5203138 722704 2000 900 4170438 1645740 1826940 404160 1204637 951458 3028682 3271637 400554 595004 40346414 19804329 20797535 20542085 7201648 7078302 288645 302983 38921079 34792269 1741257 1454131 947600 1698407 9132474 9935907 3331936 3339196 15153267 16427641 X 18172052 14200966 4162135 2721477 1433625 1442185 23767812 18364628 38921079 34792269 X -5343326 -59858 X false true true X true true X 0 0 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1376521 8860 50258 26344 1409295 1230575 52578 95118 1750 1376521 1114571 16000 100504 500 1230575 0.00000 0.97690 0.02310 false false 987097 987097 26352609 10424070 15928539 2617927 925808 1692119 10368221 8454451 1913770 20560 20560 20542085 DEPOSITS FROM STUDENTS 109790 ADVANCES FROM GOVERNMENT FOR STUDENT LOANS 3229406 3339196 32319514 37662840 -5343326 -59858 -59858 -5403184 32225551 -59858 10661 -49197 32274748 32274748 37628735 10661 10661 37618074 37618074 Pt V Line 4 ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF DONOR-RESTRICTED ENDOWMENT FUNDS THE COLLEGE MUST HOLD IN PERPETUITY. UNDER THE COLLEGE'S POLICIES, ENDOWMENT ASSETS ARE INVESTED IN A MANNER THAT IS INTENDED TO PRODUCE RESULTS THAT EXCEED, ON AVERAGE, ANNUAL ENDOWMENT EXPENDITURES WHILE ASSUMING A MODERATE LEVEL OF RISK. RESTRICTED NET ASSETS ARE RESTRICTED TO INVESTMENT IN PERPETUITY, THE INCOME OF WHICH IS EXPENDABLE TO SUPPORT SCHOLARSHIPS AND OPERATIONS. Pt X Management has evaluated their income tax positions under the guidance included in ASC 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements. Pt XII Line 2d GOLF SCRAMBLE EXPENSES Pt XIII Line 2d GOLF SCRAMBLE EXPENSES true true true true true true true false false false false false false false false true false true Line 3 THE RACIALLY NONDISCRIMINATORY POLICY IS INCLUDED IN THE UNDERGRADUATE AND GRADUATE ACADEMIC CATALOGS, ON THE WEBSITE WITHIN THE ADMISSION REQUIREMENTS SECTION, AND THE STUDENT HANDBOOK. Line 6b GOVERNMENTAL AID/ASSITANCE IS PROVIDED THROUGH PELL, true North America 0 0 PROGRAM SERVICES STUDY ABROAD 6831 East Asia and Pacific 0 0 PROGRAM SERVICES STUDY ABROAD 19652 South America 0 0 PROGRAM SERVICES STUDY ABROAD 984 0 0 0 0 27467 27467 false false false false false false Pt I Line 2 ACTIVITIES OUTSIDE THE UNITED STATES RELATE TO STUDY ABROAD TRIPS. EXPENDITURES OF COLLEGE FUNDS DURING STUDY ABROAD TRIPS ARE MONITORED BY STAFF AND FACULTY CHAPERONES ACCOMPANYING STUDENTS ON THE TRIP. THESE EXPENDITURES ARE REVIEWED AND APPROVED BY FACULTY AND STAFF SUPERVISORS. GOLF SCRAMBLE 24800 16102 8698 360 8981 1320 24800 16102 8698 360 8981 1320 10661 -1963 true GRANTS AND SCHOLARSHIPS 4147 9875469 Pt I Line 2 MARYGROVE COLLEGE ASSISTS STUDENTS ON THE BASIS OF FINANCIAL NEED, STUDENT Pt I Line 2 ACCOMPLISHMENT AND ACADEMIC ACHIEVEMENT. ALL STUDENTS REQUESTING FINANCIAL ASSISTANCE Pt I Line 2 MUST COMPLETE THE FREE APPLICATION FOR FEDERAL STUDENT AID APPLICATION. Pt I Line 2 THIS INFORMATION IS REVIEWED BY MARYGROVE COLLEGE FINANCIAL AID STAFF. Pt I Line 2 GRANT AWARDS ARE CREDITED DIRECTLY TO THE STUDENT ACCOUNTS. X X X true true X X X false false false false false false false false false DAVID FIKE 263759 2370 8960 275089 WILLIAM JOHNSON 204823 1896 9714 216433 KEN MALECKE 181127 211 5722 187060 Pt I Line 1b THE PRESIDENT, DR. DAVID FIKE, RECEIVES A HOUSING ALLOWANCE WHICH IS INCLUDED ON HIS W-2. SOCIAL CLUB DUES AND TRAVEL FOR COMPANIONS ARE PROVIDED AS WELL FOR BUSINESS AND NETWORKING PURPOSES. ANY NON-BUSINESS PERSONAL USE IS INCLUDED ON THE PRESIDENT'S W-2. A HOUSING ALLOWANCE IS PROVIDED FOR WILLIAM JOHNSON, VICE PRESIDENT OF FINANCE AND ADMINISTRATION AND INCLUDED ON HIS W-2. X 2 78253 FAIR MARKET VALUE false true true Pt I Line 32b Form 990 THE COLLEGE USES NORTHERN TRUST TO SELL Pt I Line 32b Form 990 CONTRIBUTIONS OF MARKETABLE SECURITIES. Pt VI, Line 11a THE FORM 990, IN ITS ENTIRETY,IS REVIEWED BY THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION AND THE CHAIRS OF THE AUDIT AND FINANCE COMMITTEES. THE FORM 990 IS ALSO REVIEWED BY AN INDEPENDENT CPA FIRM. PRIOR TO SUBMISSION OF THE FORM 990, A COPY OF THE COMPLETED FORM IS PROVIDED TO THE ENTIRE BOARD OF TRUSTEES. AFTER THE PROCESS, THE FORM AND SCHEDULES ARE SUBMITTED TO THE IRS. Pt VI, Line 12c THE COLLEGE SENDS AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE TO OFFICERS, TRUSTEES, KEY EMPLOYEES AND HIGHEST COMPENSATED EMPLOYEES. THE QUESTIONNAIRE REQUIRES DISCLOSURE OF BUSINESS AND FAMILY RELATIONSHIPS, AS WELL AS TRANSACTIONS THAT WOULD IMPEDE INDEPENDENCE IN ACCORDANCE WITH THE COLLEGE'S CONFLICT OF INTEREST POLICY. THE COMPLETED QUESTIONNAIRES ARE REVIEWED BY THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION. ANY CONFLICTS ARE DISCUSSED WITH THE CHAIRS OF THE FINANCE AND AUDIT COMMITTEES TO DETERMINE THE NECESSARY COURSE OF ACTION. Pt VI, Line 15 A COMMITTEE OF THE BOARD OF TRUSTEES PERFORMS A REVIEW OF THE PRESIDENT'S CONTRACT AT THE TIME OF CONTRACT EXPIRATION. THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION'S COMPENSATION WAS APPROVED AT THE TIME OF HIRE BY KEY MEMBERS OF THE BOARD. DURING THE HIRING PROCESS, THE BOARD COMPARES COMPENSATION TO BENCHMARKS WITHIN THE INDUSTRY STANDARD. Pt VI, Line 19 THE CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST Pt XI, Line 5 OTHER CHANGES IN NET ASSETS ARE EQUAL TO UNREALIZED LOSSES ON INVESTMENTS