PIEDMONT UNIVERSITY INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- PIEDMONT UNIVERSITY INC (EIN 58-0566212)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-02-14
- IRS object ID
- 201310459349302411
- 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 D
- Schedule E
- Schedule I
- Schedule J
- Schedule K
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-02-14T15:51:30-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363990892 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Capin Crouse LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 972 Emerson Parkway Suite A | AddressLine1 |
| City | Greenwood | City |
| State | IN | State |
| ZIP Code | 46143 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 580566212 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Piedmont College | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | PIED | NameControl |
| Phone | 7067760123 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 10 | AddressLine1 |
| City | Demorest | City |
| State | GA | State |
| ZIP Code | 30535 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Dr James Mellichamp | Name |
| Title | President | Title |
| Phone | 7067760123 | Phone |
| Date Signed | 2013-02-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | David C Moja | Name |
| PTIN | P00747006 | PTIN |
| Phone | 3178852620 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Dr James Mellichamp | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 10 | AddressLine1 |
| City | Demorest | City |
| State | GA | State |
| ZIP Code | 30535 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 123187454 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.piedmont.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1897 | YearFormation |
| State Legal Domicile | GA | StateLegalDomicile |
| Activity Or Mission Description | Piedmont College is a private non-profit comprehensive liberal arts institution. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 35 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 35 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1081 | TotalNbrEmployees |
| Total Nbr Volunteers | 35 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2344443 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1390839 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 25556800 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 34295390 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1220356 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1280222 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 11383505 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 40505104 | TotalRevenuePriorYear |
| Total Revenue Current Year | 36966451 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 1919784 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 6293454 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 16733149 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 17920915 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 481297 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 10134228 | OtherExpensePriorYear |
| Other Expenses Current Year | 11936644 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 28787161 | TotalExpensesPriorYear |
| Total Expenses Current Year | 36151013 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 11717943 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 815438 | RevenuesLessExpensesCY |
| Total Assets BOY | 130187422 | TotalAssetsBOY |
| Total Assets EOY | 130013275 | TotalAssetsEOY |
| Total Liabilities BOY | 16030625 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 15472903 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 114156797 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 114540372 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | Piedmont College is a private non-profit comprehensive liberal arts institution. Piedmont College educates students to become succesful and responsible citizens through rigorous academic instruction in the liberal arts and professional disciplines. The College provides educational opportunities through a wide range of undergraduate, graduate, and doctorate programs. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 13461674 | Expense |
| Revenue | 30177137 | Revenue |
| Description | Instruction - Instructional programs supporting students to achieve their bachelor's, master's, and doctorate level of degrees. 2011 - 2012 enrollment approximated 2,700 students. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 10979396 | Expense |
| Grants | 6293454 | Grants |
| Revenue | 4054364 | Revenue |
| Description | Student Services/Scholarships and Work Aid - Financial assistance programs, work-aid, athletics, student development and cultural activities beyond formal instructional opportunities. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 4548961 | Expense |
| Revenue | 63889 | Revenue |
| Description | Academic/Institutional Support - Funding which contriubtes to the support of Piedmont College students and programs. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 4053222 | Expense |
| Description | Auxiliary/Operations - Resident dormitories, food services, secuity, and other campus operations. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 4053222 | TotalOfOtherProgramServiceExp |
| Total Program Service Expense | 33043253 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 1 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | 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 | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | 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 | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | 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 | 74 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1081 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| 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 | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 35 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 35 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | 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 | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | GA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Margie Means | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7067760123 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 10 | AddressLine1 |
| City | Demorest | City |
| State | GA | State |
| ZIP Code | 30535 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (43 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| Thomas A Arrendale III | |||||||
| Chairman | 1.00 | X | X | 0 | 0 | 0 | |
| Dock Sisk | |||||||
| Vice Chairman | 1.00 | X | X | 0 | 0 | 0 | |
| Mylle Mangum | |||||||
| Secretary | 1.00 | X | X | 0 | 0 | 0 | |
| Elizabeth Bingham | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Nathan Burgen | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Dr Martha Cantrell | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Dennis Cathey | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Ben F Cheek | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Robin Coile | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| James E Cornwell Jr | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Doc Eldridge | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Dwight Evans | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| David Foster | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| John Foster | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Mack Guest | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Tom Hensley | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Jane Higdon | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| James C Hobbs III | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| William M House | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Tommy Irvin | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| James R LeMay | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Courtney Loudermilk | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Billy H Mason | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Shirley J Meeks | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Kara K Moody | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Jim Parham | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Joseph M Piper | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Tom Richard | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Brian Rickman | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Stanley W Roberts | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Paul Rosser | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Betty Siegel | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Eugene Sutherland Sr | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| D Stewart Swanson | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Joseph A Beau Wingate | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Dr W Ray Cleere | |||||||
| Past President | 40.00 | X | 195155 | 0 | 0 | ||
| Dr Mel Palmer | |||||||
| VP Athens | 40.00 | X | 135101 | 0 | 6775 | ||
| Dr James Mellichamp | |||||||
| President | 40.00 | X | 162218 | 0 | 21521 | ||
| Dr Danny Hollingsworth | |||||||
| President - Part Year | 40.00 | X | 142008 | 0 | 30911 | ||
| Dr John Misner | |||||||
| Executive Vice President | 40.00 | X | 131289 | 0 | 18247 | ||
| Rodney Dyer | |||||||
| VP Student Affairs - Part Year | 40.00 | X | 33143 | 0 | 3003 | ||
| Dr Steven Nimmo | |||||||
| Dean of Arts & Sciences | 40.00 | 105052 | 0 | 20213 | X | ||
| Dr Linda Scott | |||||||
| Dean of Nursing | 40.00 | 104572 | 0 | 10321 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1008538 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 110991 | TotalOtherCompensation |
| Number Individuals GT100 K | 7 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Scroggs & Grizzel Contracting | |||||
| PO Box 316 | Gainesville | GA | 30503 | Construction Company | 4062625 |
| CIP Construction Company | |||||
| 201 N Ekm St | Greensboro | NC | 27401 | Construction Company | 1537427 |
| Chartwells (Compass Group USA Inc) | |||||
| 2400 Yorkmont Rd | Charlotte | NC | 28217 | Food Service Provider | 1389750 |
| Barnes & Noble College Booksellers LLC | |||||
| 375 Georgia St | Demorest | GA | 30535 | Bookstore | 562196 |
| DataTel Inc | |||||
| 4375 Fair Lake Court | Fairfax | VA | 22033 | Software/Tech Company | 294485 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 16 | NumberOfContractorsGT100K |
| Government Grants | 268861 | GovernmentGrants |
| All Other Contributions | 1121978 | AllOtherContributions |
| Total Contributions | 1390839 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Tuition & Fees | 611710 | 30177137 | 30177137 |
| Auxiliary Revenue | 611710 | 4054364 | 4054364 |
| Other Revenue | 900099 | 63889 | 63889 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 34295390 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1379389 | TotalRevenueColumn |
| Exclusion | $1,379,389 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 86094336 | Securities |
| Other | 27500 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 86191085 | Securities |
| Other | 29918 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -96749 | Securities |
| Other | -2418 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -99167 | TotalRevenueColumn |
| Exclusion | -$99,167 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 36966451 | TotalRevenueColumn |
| Related Or Exempt Function Income | 34295390 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,280,222 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6293454 | Total |
| Program Services | 6293454 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 909223 | Total |
| Management And General | 909223 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14302262 | Total |
| Program Services | 13596048 | ProgramServices |
| Management And General | 445209 | ManagementAndGeneral |
| Fundraising | 261005 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 577834 | Total |
| Program Services | 474318 | ProgramServices |
| Management And General | 90607 | ManagementAndGeneral |
| Fundraising | 12909 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1030889 | Total |
| Program Services | 919326 | ProgramServices |
| Management And General | 86644 | ManagementAndGeneral |
| Fundraising | 24919 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1100707 | Total |
| Program Services | 993858 | ProgramServices |
| Management And General | 87265 | ManagementAndGeneral |
| Fundraising | 19584 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 44263 | Total |
| Management And General | 32233 | ManagementAndGeneral |
| Fundraising | 12030 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 75725 | Total |
| Management And General | 55145 | ManagementAndGeneral |
| Fundraising | 20580 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 240498 | Total |
| Program Services | 240498 | ProgramServices |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1728345 | Total |
| Program Services | 1711051 | ProgramServices |
| Management And General | 3679 | ManagementAndGeneral |
| Fundraising | 13615 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 76309 | Total |
| Program Services | 49815 | ProgramServices |
| Management And General | 2457 | ManagementAndGeneral |
| Fundraising | 24037 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 368934 | Total |
| Program Services | 280466 | ProgramServices |
| Management And General | 64569 | ManagementAndGeneral |
| Fundraising | 23899 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1628922 | Total |
| Program Services | 1405375 | ProgramServices |
| Management And General | 223547 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 591192 | Total |
| Program Services | 539168 | ProgramServices |
| Management And General | 47800 | ManagementAndGeneral |
| Fundraising | 4224 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 526628 | Total |
| Program Services | 526628 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2671599 | Total |
| Program Services | 2671599 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 401566 | Total |
| Management And General | 401566 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Work Study | 1052205 | 1052205 | ||
| Student Activities | 718986 | 718986 | ||
| General Expenses | 614581 | 588901 | 8333 | 17347 |
| All Other Expense | 611728 | 465039 | 107062 | 39627 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 585163 | Total |
| Program Services | 516518 | ProgramServices |
| Management And General | 61124 | ManagementAndGeneral |
| Fundraising | 7521 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36151013 | Total |
| Program Services | 33043253 | ProgramServices |
| Management And General | 2626463 | ManagementAndGeneral |
| Fundraising | 481297 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 900 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 659604 | BOY |
| EOY | 929643 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 483407 | BOY |
| EOY | 382253 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 95666574 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 28469475 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 63522342 | BOY |
| EOY | 67197099 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 65034265 | BOY |
| EOY | 60179716 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 487804 | BOY |
| EOY | 1323664 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 130187422 | BOY |
| EOY | 130013275 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1089567 | BOY |
| EOY | 785667 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2314179 | BOY |
| EOY | 2261410 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10388400 | BOY |
| EOY | 9788400 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2238479 | BOY |
| EOY | 2637426 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16030625 | BOY |
| EOY | 15472903 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 101783421 | BOY |
| EOY | 104164176 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2217164 | BOY |
| EOY | 4106327 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10156212 | BOY |
| EOY | 6269869 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 114156797 | BOY |
| EOY | 114540372 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 130187422 | BOY |
| EOY | 130013275 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 815438 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -431863 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| 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 D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Historic Structure | X | HistoricStructure |
| Total Number Of Easements | 1 | TotalNumberOfEasements |
| Nmbr Hist Struct Easements | 1 | NmbrHistStructEasements |
| Nmbr States In Which Easements Held | 1 | NmbrStatesInWhichEasementsHeld |
| Written Policy Monitoring | 0 | WrittenPolicyMonitoring |
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 0 | RevenuesIncluded |
| Assets In Part X | 779858 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 47214527 | BeginningOfYearBalance |
| Contributions | 72097 | Contributions |
| Investment Earnings Or Losses | 579909 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 373210 | GrantsOrScholarships |
| Other Expenditures | 1045850 | OtherExpenditures |
| Administrative Expenses | 295962 | AdministrativeExpenses |
| End Of Year Balance | 46151511 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 43451973 | BeginningOfYearBalance |
| Contributions | 167612 | Contributions |
| Investment Earnings Or Losses | 8474013 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 425254 | GrantsOrScholarships |
| Other Expenditures | 1766867 | OtherExpenditures |
| Administrative Expenses | 246319 | AdministrativeExpenses |
| End Of Year Balance | 49655158 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 41989865 | BeginningOfYearBalance |
| Contributions | 218845 | Contributions |
| Investment Earnings Or Losses | 3932744 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 434880 | GrantsOrScholarships |
| Other Expenditures | 1990129 | OtherExpenditures |
| Administrative Expenses | 264472 | AdministrativeExpenses |
| End Of Year Balance | 43451973 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 50827496 | BeginningOfYearBalance |
| Contributions | 609366 | Contributions |
| Investment Earnings Or Losses | -6907626 | InvestmentEarningsOrLosses |
| Other Expenditures | 2036203 | OtherExpenditures |
| Administrative Expenses | 503168 | AdministrativeExpenses |
| End Of Year Balance | 41989865 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.83000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.14000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.03000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3382835 | OtherCostOrOtherBasis |
| Book Value | 3382835 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 72726548 | OtherCostOrOtherBasis |
| Depreciation | 15248175 | Depreciation |
| Book Value | 57478373 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 7433016 | OtherCostOrOtherBasis |
| Depreciation | 3631211 | Depreciation |
| Book Value | 3801805 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 12124175 | OtherCostOrOtherBasis |
| Depreciation | 9590089 | Depreciation |
| Book Value | 2534086 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 67197099 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Student Deposits | $16,951 |
| Interest Swap Liability | $1,821,828 |
| Annuity Payment Liabilities | $798,647 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2637426 | TotalOfAmounts |
| Total Revenue | 36966451 | TotalRevenue |
| Total Expenses | 36151013 | TotalExpenses |
| Excess Or Deficit For Year | 815438 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 77865 | NetUnrealizedGLOnInvestments |
| Other | -$509,728 | OtherAmount |
| Total Adjustments | -431863 | TotalAdjustments |
| Excess Or Deficit Per FS | 383575 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 30000636 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 77865 | NetUnrealizedGainsInvestments |
| Other Revenues | -7043680 | OtherRevenues |
| Revenue Not Rptd F990 | -6965815 | RevenueNotRptdF990 |
| Revenue Subtotal | 36966451 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 36966451 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 29617061 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 29617061 | ExpensesSubtotal |
| Other Expenses Not Included | 6533952 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 6533952 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 36151013 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Part III, Line 4: | Piedmont College broadens student learning through collectibles presented throughout the campus. For example, The Mason-Scharfenstein Museum of Art at Piedmont College delivers an enriched college experience through a collection of more than 120 paintings and sculptures. The museum provides a unique environment for students and members of the community to explore art history. | |
| Part V, Line 4: | Piedmont College's endowment intends to provide scholarships to students. | Description of Intended Use of Endowment Funds: |
| Part X: | The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the statements of activities. As of June 30, 2012, the College had no uncertain tax positions that qualified for recognition or disclosure in the financial statements. | Description of Uncertain Tax Positions Under FIN 48: |
| Change in value of interest rate swap -488,182. Change in value of annuities -21,546. Total to Schedule D, Part XI, Line 8: -509,728. | Part XI, Line 8 - Other Adjustments: | |
| Student financial aid netted with revenue on financial stmt -6,293,454. Change in value of interest rate swap -488,182. Change in value of annuities -21,546. Investment management fees -240,498. | Part XII, Line 2d - Other Adjustments: | |
| Student financial aid netted with revenue on financial stmt 6,293,454. Investment management fees 240,498. | Part XIII, Line 4b - Other Adjustments: | |
| Part V, Line 1a, Current Year: A prior period adjustment of $2,440,631 has been made to the beginnig of year balance due to the recalssificaion of endowment funds from prior year. |
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 | 1 | 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 |
|---|---|---|
| Explanation of Nondiscriminatory Policy Publication | Schedule E, Part I, Line 3 | All advertisements, solicitations for students and student handbooks include a statement that the school does not discriminate. |
| Explanation of Government Financial Assistance | Schedule E, Part I, Line 6 | Piedmont College receives Student Financial Aid awards from the U.S. Department of Education, the Georgia Tuition Equilization Grant, Hope funds and various other assistance from the State of Georgia. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Scholarships | TypeOfGrant |
| Number Of Recipients | 650 | NumberOfRecipients |
| Amount Of Cash Grant | 6293454 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: Piedmont College participates in the student financial assistance programs through the U.S. Department of Education. Funds are awarded and disbursed to students based on the Department of Education guidelines set forth by the Title IV programs. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 0 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | 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 (3 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dr W Ray Cleere | |||||||||||||
| 195155 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 195155 | 0 | 0 | 0 |
| Dr James Mellichamp | |||||||||||||
| 162218 | 0 | 0 | 0 | 0 | 0 | 16500 | 0 | 5021 | 0 | 183739 | 0 | 0 | 0 |
| Dr Danny Hollingsworth | |||||||||||||
| 142008 | 0 | 0 | 0 | 0 | 0 | 7292 | 0 | 23619 | 0 | 172919 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | Part I, Line 1a | ReturnReference |
| Explanation | Dr. Hollingsworth lived on campus in the President's home as a condition of his employment. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (3 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| Development Authority of Athens-Clark County Georgia | |||||||
| 582613761 | 047059AV2 | 2006-09-07 | 13000000 | Purchase Athens Facilities | 0 | 0 | 0 |
| Development Authority of Lowndes County | |||||||
| 521367808 | 2000-08-01 | 3485000 | Finance a dormitory | 0 | 0 | 0 | |
| Private Colleges and Universities Authority | |||||||
| 581407780 | 1999-10-04 | 4500000 | Finance a dormitory | 0 | 0 | 0 | |
Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)
| Total ProceedsTotalProceeds | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|
| 13000000 | 40000 | 12960000 | 0 | 0 | 1 | 1 |
| 3485000 | 40000 | 3445000 | 0 | 0 | 1 | 1 |
| 4500000 | 58125 | 4441875 | 0 | 0 | 1 | 1 |
Form990 Schedule K Part III Form990ScheduleKPartIII (3 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 1 |
| 0 | 0 | 0 | 0 | 1 |
| 0 | 0 | 0 | 0 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| 1 | 1 | 0 | 0 | 0 | 0 |
| 1 | 1 | 0 | 0 | 0 | 0 |
| 1 | 1 | 0 | 0 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Form 990, Part VI, Section A, line 2 | David Foster and John Foster - family relationship. | |
| Form 990, Part VI, Section B, line 11 | The Form 990 is prepared by an independent CPA firm. The College mails a copy of the annual tax return, Form 990, to all members of the board of trustees after it is prepared. | |
| Form 990, Part VI, Section B, line 12c | Conflict of interest statements are completed annually by all members of the governing body. These statement are monitored by the President's office and the Senior Administration. | |
| Form 990, Part VI, Section C, line 19 | These documents are made available upon request. | |
| Form 990, Part XI, line 5: | Net unrealized gains on investments: 77,865. Change in value of interest rate swap -488,182. Change in value of annuities -21,546. Total to Form 990, Part XI, Line 5: -431,863. | Changes in Net Assets or Fund Balances: |
| Form 990, Part XII, Line 2c: | The organization has a committe that assumes responsibility for oversight of the audit of its financial and selection of an independent accountant. This process has not changed since prior year. | Explanation for Responsibility |
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