2013-05-17T14:15:33-05:00 2011-06-30 BDO USA LLP 1100 Peachtree Street Suite 700 ATLANTA GA 303094516 990 2010-07-01 570341191 Allen University ALLE 8033765708 1530 harden street columbia SC 29204 brenda Walker 2013-05-16 true Sandra L Feinsmith 4046886841 2010 2016-02-25 16:41:14Z BRENDA S WALKER 1530 harden street columbia SC 29201 22413810 false X www.allenuniversity.edu X 1870 SC Allen University is an academic community which provides students an opportunity to obtain a baccalaureate degree in liberal arts and professional programs. 15 15 366 4 0 1880299 5479956 17165382 16839866 164088 14415 88713 30114 19298482 22364351 1061762 4236056 0 0 6459970 7039113 0 0 0 10528952 13364109 18050684 24639278 1247798 -2274927 45008992 42855444 32291907 32327468 12717085 10527976 ALLEN UNIVERSITY IS AN ACADEMIC COMMUNITY WHICH PROVIDES STUDENTS AN OPPORTUNITY TO OBTAIN A BACCALAUREATE DEGREE IN LIBERAL ARTS AND PROFESSIONAL PROGRAMS. THE UNIVERSITY HAS A STRONG UNALTERABLE COMMITMENT TO TEACHING IN DELIVERY OF ITS BACCALAUREATE PROGRAMS. false false 24397675 4236056 16839866 nonprofit secondary educational institution offering academic degrees in addition to meeting individual needs of students. 24397675 true true false false false false false false true true false false true false true true false true false false false false false true false false false true false true false false false false false false false false false false false false false false false false false false false false true 90 0 366 true false false false false false true true false false false false X 15 15 false false false false false false false true true false false true true true true true true true true false SC X ALLEN UNIVERSITY BUS OFFICE 8033765708 1530 HARDEN STREET columbia SC 29204 BISHOP PRESTON WARREN WILLIAMS II 1.0 X 0 0 0 JAMES E CLYBURN 1.0 X 0 0 0 ALFRED R BERKELEY III 1.0 X 0 0 0 RONNIE E BRAILSFORD SR 1.0 X 0 0 0 ROBERT B COOPER SR 1.0 X 0 0 0 TAMARA C CURRY 1.0 X 0 0 0 JOHN H GILLISON 1.0 X 0 0 0 RALPH JAMES 1.0 X 0 0 0 WILLIE F JOHNSON 1.0 X 0 0 0 ROBERT L MCCANTS SR 1.0 X 0 0 0 ALONZO MIDDLETON 1.0 X 0 0 0 CAESAR R RICHBURG 1.0 X 0 0 0 G LARRY WILSON 1.0 X 0 0 0 NORMAN L DEAS 1.0 X 0 0 0 RENARDO RICK HICKS 1.0 X 0 0 0 DR CHARLES YOUNG 60.0 X X 106177 0 36000 DR PAMELA WILSON 60.0 X X 79556 0 12000 WALTER HOWARD 50.0 X 0 0 0 MARILYN YOUNG 50.0 X 50723 0 0 DR LADY JUNE HUBBARD-COLE 50.0 X 32667 0 0 MEL CROSSE 50.0 X 14167 0 0 PATRICK INYANGETOR 40.0 X 135395 0 0 418685 0 48000 2 false false false Jim Construction Co P O BOX 642 EASTOVER SC 29044 CLEANING SERVICES 337417 Wanda Charping 1502 Main St Kress Building COLUMBIA SC 29202 Consulting Services 108278 2 158421 5321535 5479956 TUITION AND FEES 8170164 8170164 AUXILIARY ENTERPRISES 3486011 3486011 GOVERNMENT REVENUE 611310 5183691 5183691 16839866 14415 14415 0 0 79573 79573 79573 79573 0 0 158421 49459 -49459 -49459 0 0 0 22364351 16839866 44529 0 4236056 4236056 0 0 541250 479832 61418 0 5406015 5252899 153116 2138 2138 694731 694731 394979 394979 108277 81208 27069 421408 421408 90221 90221 0 0 32644 32644 3296132 3296132 10837 10837 1106182 1106182 1189563 1189563 0 1050414 1050414 116868 116868 0 13139 13139 1487200 1487200 0 1894661 1894661 13720 13720 ATHLETIC ACTIVITIES 34289 34289 BUILDING & EQUIPMENT REPAIRS 572616 572616 BAD DEBT EXPENSE 983013 983013 TEXTBOOK AND BOOKSTORE EXP. 282028 282028 BANK FEES 82006 82006 578891 578891 0 0 24639278 24397675 241603 0 1816216 1230511 70253 72938 865429 1285333 122073 0 54953 105689 50446241 13980361 38412222 36465880 374922 415432 3292924 3279661 45008992 42855444 2022681 2805005 191819 0 7654895 7359971 19588700 19427523 2833812 2734969 32291907 32327468 X 12404201 10215092 0 0 312884 312884 12717085 10527976 45008992 42855444 X -2274927 85818 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 337580 0 24696 312884 307322 30258 337580 350040 -42718 307322 0.00000 1.00000 0.00000 false false 0 1651335 1651335 0 39714017 8308633 31405384 5646064 4336578 1309486 3434825 1335150 2099675 36465880 REAL ESTATE INVESTMENTS 3150000 BOND ISSUANCE COST 129661 3279661 0 0 22364351 24639278 -2274927 36359 49459 85818 -2189109 18134540 36359 36359 18098181 4266170 4266170 22364351 20403222 20403222 4236056 4236056 24639278 ENDOWMENT FUND PART V, LINE 4 THE OBJECTIVE OF THE USE OF THE ENDOWMENT FUND IS TO SUPPORT THE UNIVERSITY'S OPERATIONS. ASC 740 (FIN 48) FOOTNOTE Part X, Line 2 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, 2011. RECONCILIATION OF CHANGE IN NET ASSETS Part XI, Line 8 Special Event Expenses: $49,459 RECONCILIATION OF REVENUE Part XII, Line 4b Scholarships shown as deduction from revenue on F/S: $4,236,056 Net Rental Income shown as nonoperating activity on F/S: $79,573 Special Event Expenses: $(49,459) ---------- Total $4,266,170 RECONCILIATION OF EXPENSES Part XIII, Line 4b Scholarships shown as deduction from revenue on F/S: $4,236,056 true true true true true true true false false false false false false false false true false true PUBLICATION OF RACIAL NONDISCRIMINATION POLICY PART I, LINE 3 THE UNIVERSITY PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY ON ITS WEBSITE AND ITS STUDENT AND EMPLOYEE HANDBOOKS. FINANCIAL ASSISTANCE FROM GOVERNMENTAL AGENCIES PART I, LINE 6A THE UNIVERSITY RECEIVES STUDENT AID FUNDS THROUGH THE DEPARTMENT OF EDUCATION FOR PELL GRANTS, FEDERAL WORK STUDY GRANTS, NATIONAL SCIENCE AND MATH ACCESS TO RETAIN TALENT GRANTS, FAMILY EDUCATIONAL LOANS, ACADEMIC COMPETITIVENESS GRANTS, AND SUPPLEMENTAL EDUCATION OPPORTUNITY GRANTS (SEOG). ALLEN UNCF GALA 158421 158421 13541 21984 7860 6074 0 158421 158421 13541 21984 7860 6074 49459 -49459 true GENERAL SCHOLARSHIPS AND GRANTS 823 4236056 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS PART I, LINE 2 Scholarships are awarded by Allen University to students based on their academic achievement, specific talents and participation in intercollegiate athletics with awards based on their performance levels. Students are also awarded need-based scholarships and grants based on their need as established by completing the Free Application for Federal Student Aid (FAFSA) and, if applicable, by specific criteria and guidelines for other federal and state programs. EDUCATIONAL FACILITIES AUTHORITY FOR PIHL 900098898 281901BE7 2005-11-23 8015000 REFUND PRIOR TAX-EXEMPT BOND I false false false 0 0 8015000 356222 0 5468383 160300 95690 0 1934405 0 0 2006 true false true true false false false false false 0.00000 0.00000 0.00000 true false true false false false false EXECUTIVE COMMITTEE PART VI, SECTION A The membership of the Executive Committee consists of the Chair, Officers of the Board of Trustees, Committee Chairs, and the President (ex-officio). The Executive Committee shall have authority to act for the Board of Trustees on all matters except for the following, which shall be reserved for the full Board: o Presidential selection and termination; o Trustee and board officer selection; o Changes in institutional mission and purposes; o Changes to the charter or articles of incorporation; o Sale of college assets or tangible property; o Adoption of the annual budget; and o Conferral of degrees. FORM 990 REVIEW PROCESS Part VI, Section B, Line 11a The draft Form 990 was reviewed with the President of Allen University. The Budget and Finance Committee of the Board of Trustees reviewed the draft Form 990 in detail and the Personnel Committee of the Board of Trustees reviewed the compensation-related sections of the draft Form 990. All voting members of the Board of Trustees were provided with a draft for their review. All of these reviews occurred prior to filing Form 990. CONFLICT OF INTEREST POLICY PART VI, SECTION B, LINE 12C TRUSTEES UPON JOINING THE BOARD AND EMPLOYEES UPON BEING HIRED SIGN A CODE OF CONDUCT, WHICH COVERS THE CONFLICT OF INTEREST POLICY. IF A POTENTIAL CONFLICT IS DISCLOSED, THE HUMAN RESOURCES DEPARTMENT WILL ASSESS IT FOR THE EMPLOYEES AND VOLUNTEERS, AND THE BOARD WILL ASSESS IT FOR THE TRUSTEES. COMPENSATION DETERMINATION PROCESS FOR PRESIDENT Part VI, Section B, Line 15A Dr. Wilson was hired as President in February 2011. To determine her compensation, comparable compensation data was reviewed from Form 990s by the Budget and Finance Committee and Personnel Committee of the Board of Trustees. Her compensation package was reviewed and approved by the entire Board of Trustees. COMPENSATION DETERMINATION PROCESS FOR OTHER OFFICERS Part VI, Section B, Line 15B The President determines compensation for the University's officers (other than her salary) using comparable data from Form 990s. She presents recommended salaries to the Personnel Committee of the Board of Trustees. These recommended officer salaries are reviewed and approved by the entire Board of Trustees. DOCUMENTS FOR PUBLIC INSPECTION PART VI, SECTION C, LINE 19 THE UNIVERSITY WILL REVIEW ANY REQUESTS AND MAKE A DETERMINATION WHETHER OR NOT TO MAKE THE REQUESTED DOCUMENTS AVAILABLE TO THE PUBLIC. RESTATEMENT OF PRIOR YEAR BALANCE SHEET PART X, COLUMN A For the year ended June 30, 2010, THE UNIVERSITY MADE ADJUSTMENTs TO ITS PREVIOUSLY PRESENTED NET ASSET CLASSIFICATIONs AND certain other BALANCES IN ORDER TO PRESENT THE NET ASSET BALANCES as well as other balance sheet accounts IN ACCORDANCE WITH APPLICABLE ACCOUNTING STANDARDS AND DONOR REQUIREMENTS. THE ADJUSTMEnts AFFECTED PREVIOUSLY PRESENTED UNRESTRICTED, TEMPORARILY RESTRICTED, AND PERMANENTLY RESTRICTED NET ASSET BALANCES AND CLASSIFICATIONS and other balance sheet accounts. The net impact of the adjustments resulted in an increase to total assets and net assets of $2,259,105. RECONCILIATION OF NET ASSETS PART XI, LINE 5 NET UNREALIZED GAIN ON INVESTMENTS $36,359 SPECIAL EVENT EXPENSES $49,459 --------- TOTAL $85,818 late filing of return The University hired a new accounting firm to conduct the financial statement audit for the year ended June 30, 2011. Prior to the appointment of the new firm the University had several accounting personnel leave the University in a short time span. During the June 30, 2011 financial audit, the University discovered that the June 30, 2010 Form 990 had not been prepared by the former accounting firm. As a result of this discovery, the University immediately engaged the new firm to prepare the June 30, 2010 Form 990. At the same time, it was determined that the necessary financial information needed to prepare the June 30, 2011 Form 990 would not be available for the University to timely file the June 30, 2011 Form 990 as well. The University has worked diligently and as quickly as possible to gather the necessary information needed to prepare both the June 30, 2010 and 2011 Forms 990. The University has historically filed its tax returns timely and considers these late filed returns to be isolated events resulting from confusion between the former accounting firm and the University, extensive turnover of accounting staff at the University within a two year period and an unusual delay in the annual financial statement audit due to the turnover of the University's accounting staff. The University, which does not operate for a profit, provides students the opportunity to obtain their baccalaureate degree in liberal arts and professional programs. Furthermore, the University operated in good faith and believes it has implemented appropriate policies and procedures, such as the hiring of a new accounting firm and Chief Financial Officer, to ensure that its future filing requirements will be satisfied on a timely basis.