2013-05-14T14:25:01-05:00 2012-06-30 135381590 BDO USA LLP 7101 WISCONSIN AVE SUITE 800 BETHESDA MD 208144827 990 2011-07-01 560530235 THE SHAW UNIVERSITY SHAW 9195468200 118 EAST SOUTH STREET RALEIGH NC 27106 DR DOROTHY COWSER YANCY 9195468200 2013-05-14 1 MICHAEL SORRELLS CPA P00001737 3016544900 2011 2016-03-07 17:11:31Z DR DOROTHY COWSER YANCY 118 EAST SOUTH STREET RALEIGH NC 27106 62051450 0 X WWW.SHAWU.EDU X 1865 NC THE PRIMARY MISSION OF THE UNIVERSITY IS TEACHING, WITH THE COMMITMENT TO MAINTAIN EXCELLENCE IN RESEARCH AND ACADEMIC PROGRAMS THAT FOSTER INTELLECTUAL ENHANCEMENT AND TECHNOLOGICAL SKILLS. ADDITIONALLY, THE UNIVERSITY STRESSES CHARACTER DEVELOPMENT, WHICH INCLUDES RELIGIOUS, CULTURAL, SOCIAL, AND ETHICAL VALUES. ULTIMATELY, THE SHAW UNIVERSITY ENDEAVORS TO GRADUATE STUDENTS WITH DEMONSTRATED COMPETENCIES IN THEIR CHOSEN FIELDS OF STUDY. 31 31 1060 0 0 0 10704644 9683142 39735417 36682650 1116994 932412 338514 343061 51895569 47641265 5165524 4153788 0 0 20498014 21602615 0 0 446114 26212483 22885634 51876021 48642037 19548 -1000772 78434676 72786892 44333963 40413839 34100713 32373053 X THE PRIMARY MISSION OF THE UNIVERSITY IS TEACHING, WITH THE COMMITMENT TO MAINTAIN EXCELLENCE IN RESEARCH AND ACADEMIC PROGRAMS THAT FOSTER INTELLECTUAL ENHANCEMENT AND TECHNOLOGICAL SKILLS. ADDITIONALLY, THE UNIVERSITY STRESSES CHARACTER DEVELOPMENT, WHICH INCLUDES RELIGIOUS, CULTURAL, SOCIAL, AND ETHICAL VALUES. ULTIMATELY, THE SHAW UNIVERSITY ENDEAVORS TO GRADUATE STUDENTS WITH DEMONSTRATED COMPETENCIES IN THEIR CHOSEN FIELDS OF STUDY. 0 0 37810481 4153788 36682650 THE SHAW UNIVERSITY IS A COEDUCATIONAL INSTITUTION OF LIBERAL ARTS, OFFERING UNDERGRADUATE DEGREES AND A MASTERS OF DIVINITY DEGREE, MASTERS OF RELIGIOUS EDUCATION AND A MASTER OF SCIENCE IN CURRICULUM AND INSTRUCTION WITH A CONCENTRATION IN EARLY CHILDHOO EDUCATION. THE UNIVERSITY PROVIDES STUDENT AID TO QUALIFIED STUDENTS WHO EXPRESS A FINANCIAL NEED IN ORDER TO COMPLETE THEIR EDUCATION. THERE ARE APPROXIMATELY 2,310 FULL-TIME AND PART-TIME STUDENTS. THE UNIVERSITY ALSO OFFERS STUDENT HOUSING. 37810481 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 155 0 1 1060 1 0 0 0 0 0 0 0 0 0 0 X 31 31 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X DEBRA LATIMORE 9195468206 118 EAST SOUTH STREET RALEIGH NC 27106 DR GEORGE DEBNAM 1.00 X 3744 0 0 MR RANDOLPH BAZEMORE 1.00 X 0 0 0 DR JOSEPH BELL 1.00 X 0 0 0 MR THOMAS DARDEN 1.00 X 0 0 0 DR WILBERFORCE MUNDIA 1.00 X 42819 0 0 DR DAVID FORBES 1.00 X 0 0 0 DR WILLIE GARY 1.00 X X 0 0 0 DR EVANDER HOLYFIELD 1.00 X 0 0 0 DR JOHN KESTER 1.00 X 0 0 0 DR DON KING 1.00 X 0 0 0 DR WILSON LACY 1.00 X 0 0 0 DR H DONELL LEWIS 1.00 X X 0 0 0 DR JOHN LUCAS 1.00 X 0 0 0 DR GL TURNER 1.00 X 0 0 0 DR DAVID WALKER 1.00 X 0 0 0 DR IDA SILVER WIGGENS 1.00 X 0 0 0 DR LORENZO WILLIAMS 1.00 X 0 0 0 DR LINDA BRYAN 1.00 X 0 0 0 DR HAYWOOD GRAY 1.00 X 0 0 0 MS EMILY PERRY 1.00 X 0 0 0 DR CAROLYN ENNIS 1.00 X 0 0 0 DR OL'BUNMI PETERS 1.00 X 0 0 0 DR AUDREY BATTLE 1.00 X 0 0 0 MR LAMARCUS DAVIS 1.00 X 0 0 0 DR HOWARD PARKER 1.00 X 0 0 0 DR DORTHY COWSER YANCY 40.00 X 94600 0 0 DR IRMA MCCLAURIN 40.00 X 256223 0 0 DR JEFFREY A SMITH 40.00 X 152884 0 0 DR MARILYN SUTTON-HAYWOOD 40.00 X 153214 0 0 ANITA BROWER 1.00 X 117862 0 0 DEBRA LATIMORE 1.00 X 100536 0 0 TALBERT SHAW 1.00 X 93819 0 0 ADEMOLA EJIRE 40.00 X 139121 0 0 DEVA SHARMA 40.00 X 126051 0 0 DARRELL ASBERRY 40.00 X 117747 0 0 JACQUES CURTIS 40.00 X 127823 0 0 DR CLARENCE NEWSOME 40.00 X 110416 0 0 1636859 0 0 14 1 1 0 THOMPSON HOSPITALITY SERVICES 505 HUNTMAR PARK DR HERNDON VA 20170 CATERING AND FOOD SERVICES 2595494 MANAGEMENT PROFESSIONALS INC 1411-D DIGGS DRIVE RALEIGH NC 27603 PLANT/MAINTENANCE SERVICES 1176140 KREATIVE KONCEPTS INC PO BOX 61083 RALEIGH NC 27661 HOUSEKEEPING 789632 AVARIA NETWORKS 5540 CENTERVIEW DRIVE RALEIGH NC 27606 COMPUTER CONSULTING 480620 BDO USA LLP PO BOX 642743 PITTSBURGH PA 152642743 AUDITING AND TAX 448966 16 6528642 3154500 10536 9683142 TUITION AND FEES 900099 29234095 29234095 AUXILIARY INCOME 900099 7448555 7448555 36682650 453971 453971 263158 0 263158 263158 263158 14888626 14410185 478441 478441 478441 HOMECOMING 900099 31876 31876 ATHLETIC HALL OF FAME 900099 5059 5059 DOLLAR-A-DAY 900099 3925 3925 39043 39043 79903 47641265 36682650 0 1275473 202041 202041 3951747 3951747 921882 757457 46563 117862 17451219 12782447 4404002 264770 1642623 1249660 378504 14459 1586891 1186566 382647 17678 82454 82454 429315 429315 3473709 3473709 5878 5397 481 1322751 882039 420085 20627 1428435 1428435 2014085 1986378 26031 1676 900279 746286 145432 8561 9031 9031 1422856 1422856 2464226 2464226 897943 897943 FOOD SERVICES 2561758 2545149 16609 SERVICES OTHER 1291259 714597 576662 EQUIPMENT PURCHASE 1050475 439056 611419 CONSTRUCTION/RENOVATION 1013366 1013366 2517814 2517814 48642037 37810481 10385442 446114 3663152 2049070 2533286 3831031 5071148 4166999 1946427 1653321 357469 217551 3516 3516 689721 870880 71640877 29939931 41156930 41700946 15620075 14024439 7392952 4269139 78434676 72786892 9988889 4573483 29852866 28847265 3424723 4231523 1067485 2761568 44333963 40413839 X 21178149 19395377 3599948 3290129 9322616 9687547 34100713 32373053 78434676 72786892 X -1000772 -726888 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8744594 364931 9109525 8740652 3942 8744594 8739637 1015 8740652 8130814 608823 8739637 1.00000 0 0 2364217 2364217 54292293 20716666 33575627 14931767 9223265 5708502 52600 52600 41700946 REAL ESTATE 4269139 4269139 CAPITAL LEASES PAYABLE 2485172 ADVANCES FROM FEDERAL GOVERNMENT 276396 2761568 47641265 48642037 -1000772 -826888 100000 -726888 -1727660 42867080 -826888 4450 -822438 43689518 3951747 3951747 47641265 44694740 4450 4450 44690290 3951747 3951747 48642037 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: TO PROVIDE SCHOLARSHIPS TO STUDENTS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: MANAGEMENT EVALUATES ANY UNCERTAIN TAX POSITIONS OR UNRECOGNIZED TAX BENEFITS OR LIABILITIES THAT MAY EXIST. MANAGEMENT DOES NOT BELIEVE THAT ANY MATERIAL UNCERTAIN TAX POSITIONS OR UNRECOGNIZED TAX BENEFITS OR LIABILITIES EXIST FOR THE YEAR ENDED JUNE 30, 2012. PART XI, LINE 8 - OTHER ADJUSTMENTS: PROPERTY INSURANCE NET PROCEEDS 100,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT ASSISTANCE 3,951,747. PART XIII, LINE 4B - OTHER ADJUSTMENTS: STUDENT ASSISTANCE 3,951,747. 1 1 0 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 THE SCHOOL HAS NOT UTILIZED NEWSPAPER AND BROADCAST MEDIA YET, BUT PLANS TO DO SO IN THE FUTURE. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES AID FROM THE DEPARTMENT OF EDUCATION. CENTRAL AMERICA AND THE CARIBBEAN - 1 12 PROGRAM SERVICES PROSTATE CANCER DATA COLLECTION 231929 1 12 0 0 1 12 231929 0 231929 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: ALL GRANT FUNDS THAT WERE OUTSIDE OF THE U.S. WERE PAID DIRECTLY FROM THE UNIVERSITY WITH ALL OF THE SUPPORTING DOCUMENTATION. INDIVIDUALS WHO TRAVEL OUTSIDE THE U.S. WERE PAID A PER DIEM AND WERE REQUIRED TO RETURN SUPPORTING DOCUMENTATION AND RECEIPTS. ALL DOCUMENTATION IS REVIEWED BY THE POST AWARD SPECIALIST AND THE PURCHASING DEPARTMENT PRIOR TO PAYMENT. 1 UNITED NEGRO COLLEGE FUND 8260 WILLOW OAKS CORP DR PO BOX FAIRFAX VA 22031 131624241 501(C)(3) 202041 FUND EDUCATION U.S. INDIVIDUALS - STUDENT SCHOLARSHIPS 2590 3951747 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE UNIVERSITY HAS A FINANCIAL AID OFFICE WITH THE NECESSARY STAFF, POLICIES AND PROCEDURES TO ENSURE THAT THE UNIVERSITY ADHERES TO AND COMPLIES WITH FEDERAL REGULATIONS REGARDING ELIGIBILITY FOR STUDENT FINANCIAL AID. THE UNIVERSITY HAS ADEQUATE STAFFING IN ITS OTHER GRANT PROGRAMS WITH ELIGIBILITY GUIDELINES TO ENSURE COMPLIANCE. THE UNIVERSITY ALSO UNDERGOES THE REQUIRED OMB CIRCULAR A-133 AUDITS. X 1 1 X X X 0 0 0 0 0 0 0 0 0 DR IRMA MCCLAURIN 256223 0 0 0 0 0 0 0 0 0 256223 0 0 0 DR JEFFREY A SMITH 103750 0 0 0 49134 0 0 0 0 0 152884 0 0 0 DR MARILYN SUTTON-HAYWOOD 153214 0 0 0 0 0 0 0 0 0 153214 0 0 0 DR CLARENCE NEWSOME 51727 0 0 0 58689 0 0 0 0 0 110416 0 0 0 GARY FINANCIAL GROUP BROTHER OF FREDDIE GARY, WHO IS A MEMBER OF SHAW UNIV. BOARD OF TRUSTEES. 936139 DR. WILLE GARY IS CHAIRMAN OF THE SHAW UNIVERSITY BOARD. SHAW UNIVERSITY PURCHASES INSURANCE FROM GARY FINANCIAL GROUP, OF WHICH DR. GARY'S BROTHER, FREDDIE GARY, IS A MEMBER. 0 FORM 990, PART VI, SECTION B, LINE 11 THE RETURN IS PREPARED IN CONJUNCTION WITH OUR OUTSIDE TAX PREPARERS. THE VP OF FISCAL AFFAIRS REVIEWS THE RETURN PRIOR TO FILING. THE BOARD OF DIRECTORS ALSO REVIEWS THE RETURN PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THERE WERE NO CONFLICTS THAT WERE REVIEWED FOR THIS FISCAL YEAR. IF WE WERE TO HAVE CONFLICTS, THE CHAIRMAN OF THE BOARD WOULD RESOLVE THEM. 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -826,888. PROPERTY INSURANCE NET PROCEEDS 100,000. TOTAL TO FORM 990, PART XI, LINE 5: -726,888. OVERSIGHT OF AUDIT: FORM 990, PART XI, LINE 2C THERE HAVE BEEN NO CHANGES DURING THE YEAR IN THE PROCESS FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS.