2013-07-15T10:38:49-05:00 2012-08-31 410746749 CLIFTONLARSONALLEN LLP 610 WEST GERMANTOWN PIKE SUITE 400 PLYMOUTH MEETING PA 19462 990 2011-09-01 751596658 PARKER UNIVERSITY PARK 9724386932 2540 WALNUT HILL LANE DALLAS TX 752295612 DR BRIAN MCAULAY 9724386932 2013-07-10 1 STEVE ROSA CPA P00079667 2156433900 2011 2016-02-24 21:20:13Z DR BRIAN MCAULAY 2540 WALNUT HILL LANE DALLAS TX 752295612 56509253 0 X WWW.PARKER.EDU X 1982 TX CHIROPRACTIC EDUCATION 16 16 522 0 268951 -40338 1095384 631268 26037517 25114467 1633869 1314297 779569 741063 29546339 27801095 588962 384933 0 0 18869199 18069314 0 0 435258 9938529 9278752 29396690 27732999 149649 68096 39677753 46240103 3801378 9850063 35876375 36390040 X THE UNIVERSITY'S MISSION IS TO EDUCATE INDIVIDUALS IN CHIROPRACTIC WELLNESS TO BE LEADERS IN EDUCATION, RESEARCH, AND SERVICE AS PRIMARY CARE PHYSICIANS AND GATEKEEPERS FOR DIRECT ACCESS TO THE HEALTH DELIVERY SYSTEM. 0 0 10125216 131933 20586218 DOCTOR OF CHIROPRACTIC: PARKER UNIVERSITY'S MISSION IS TO EDUCATE INDIVIDUALS IN CHIROPRACTIC WELLNESS. OUR ENROLLMENTS FOR THIS FISCAL YEAR WERE AS FOLLOWS: 787 STUDENTS FOR FALL 2011, 778 STUDENTS FOR SPRING 2012 AND 717 STUDENTS FOR SUMMER 2012. THE COLLEGE GRADUATED 210 STUDENTS DURING THE FISCAL YEAR.. 2509770 2939126 POSTGRADUATE EDUCATION: THE UNIVERSITY HOLDS EDUCATIONAL SEMINARS TO ASSIST DOCTORS IN MEETING THE REQUIREMENTS OF NATIONAL AND STATE BOARDS OF CHIROPRACTIC. SEMINARS ARE ALSO HELD TO ASSIST DOCTORS IN DAILY OPERATIONS OF THEIR OFFICES. 897598 15011 RESEARCH: CHIROPRACTIC RESEARCH IS AN IMPORTANT COMPONENT OF ACADEMIC ACTIVITY AT THE UNIVERSITY AND THEREFORE IS THE SOURCE OF CONTENT FOR QUALITY INSTRUCTIONAL PROGRAMS. THE MISSION OF THE RESEARCH DEPARTMENT IS TO CONDUCT, PRESENT AND PUBLISH RESEARCH RELATED TO CHIROPRACTIC. 6331460 253000 1574112 AS STUDENTS DEVELOP A BETTER UNDERSTANDING OF PARKER'S PRINCIPLES, THE NOTION OF SERVICE TO THE COMMUNITY IS PARAMOUNT. THE UNIVERSITY OPERATES CHIROPRACTIC AND MASSAGE CLINICS WHICH PROVIDE DISCOUNTED OR FREE HEALTH SERVICES TO PATIENTS IN NEED OF TREATMENT. STUDENT INTERNS GAIN HANDS-ON EXPERIENCE IN THESE CLINICS, ALONG WITH AN INTRINSIC UNDERSTANDING OF HOW TREAT, CARE FOR, AND OFFER EMPATHIC SERVICE TO OTHERS.PARKER UNIVERSITY MASSAGE SCHOOL MISSION IS TO EDUCATE INDIVIDUALS IN MASSAGE THERAPY. OUR ENROLLMENTS FOR THIS FISCAL YEAR WERE AS FOLLOWS: 60 STUDENTS FOR FALL 2011, 63 STUDENTS FOR SPRING 2012 AND 53 STUDENTS FOR SUMMER 2012. THE COLLEGE GRADUATED 60 STUDENTS DURING THE FISCAL YEAR. 6331460 253000 1574112 19864044 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 99 0 1 522 1 1 1 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TX X PARKER UNIVERSITY BUSINESS OFFICE 9724386932 2540 WALNUT HILL LANE DALLAS TX 752295612 BILL NARDIELLO 2.00 X 0 0 0 DR ANDREW HATCH 2.00 X 0 0 0 DR CYNTHIA VAUGHN 2.00 X X 0 0 0 DR WRIGHT LASSITER 2.00 X X 0 0 0 DT NGUYEN 2.00 X X 0 0 0 DR PHILIP COOK 2.00 X 0 0 0 JOHN DEALEY 2.00 X 0 0 0 DR JACK DONOVAN 2.00 X 0 0 0 DR J MICHAEL FLYNN 2.00 X X 0 0 0 DR RAYMUND KING 2.00 X 0 0 0 DR ROBERT LONGENECKER 2.00 X 0 0 0 DR JONATHAN MORGAN 2.00 X 0 0 0 DR FRANCIS MURPHY 2.00 X 0 0 0 DR STACEY OLSON 2.00 X X 0 0 0 DR VINCENT SCHEFFLER 2.00 X 0 0 0 PATRICK WALCH 2.00 X 0 0 0 DR FABRIZIO MANCINI 40.00 X 456180 0 42504 DR GERY HOCHANADEL 40.00 X 174901 0 2522 DAVID GARAFOLA 40.00 X 69679 0 5078 DR KENNETH THOMAS 40.00 X 255574 0 18165 DR GILLES LAMARCHE 40.00 X 207021 0 15557 JOLYNNE JENSEN 40.00 X 149885 0 12693 DR GENE GIGGLEMAN 40.00 X 175404 0 20677 DR RON RUPERT 40.00 X 145599 0 12521 MATTHEW EISERLOH 40.00 X 120592 0 19542 VICTOR BALLESTEROS 40.00 X 106014 0 15685 DR PATRICK BODNAR 40.00 X 116136 0 18520 DR JOHN MICHAEL PERRYMAN 40.00 X 108863 0 17251 ANTHONY BOUDREAU 40.00 X 216793 0 10111 JESSE GREEN 40.00 X 212215 0 13324 DR LAWRENCE STOLAR 40.00 X 113871 0 6637 CHRISTOPHER ZEPPA 40.00 X 107044 0 11307 2735771 0 242094 15 1 1 0 TRIAD RSC LLC 2636 WALNUT HILL LANE STE 207 DALLAS TX 75229 CONSTRUCTION SERVICE 315407 PARKER PROPERTIES 1100 LTD 1200 LAKESIDE SUITE 350 FLOWER MOUND TX 75028 RENTAL SERVICES 141290 JONES ALLEN FUQUAY LLP 8828 GREENVILLE AVENUE DALLAS TX 75243 LEGAL 102906 3 38173 131933 461162 24215 631268 TUITION AND FEES 611310 24296309 24296309 EDUCATIONAL CLINICS 611310 818158 818158 25114467 751252 751252 78439 123313 -44874 -44874 -44874 26824356 258058 26249186 270183 575170 -12125 563045 563045 12717 38173 32867 -20150 -20150 2790813 2032609 758204 268951 489253 OTHER PROGRAMS 611310 47883 47883 47883 27801095 25114467 268951 1786409 384933 384933 2079878 619551 1223093 237234 12853576 9736273 3074374 42929 524196 400376 123820 1587420 1355813 206574 25033 1024244 760827 245879 17538 211873 211873 116916 116916 66000 66000 188809 188809 192939 24682 168257 906222 441452 464676 94 825575 522589 284839 18147 458322 309106 149216 26651 26651 1481597 572808 892437 16352 222529 129525 78133 14871 25898 25898 8760 8760 1839242 1632460 196709 10073 275636 275636 ADMINISTRATIVE ALLOCATI 977880 977880 SEMINAR EXPENSE 709927 707064 2863 STUDENT LIFE 488342 408764 33929 45649 DUES AND SUBSCRIPTIONS 262099 111793 146199 4107 -6465 715599 -725295 3231 27732999 19864044 7433697 435258 1378160 8548772 764746 403441 127199 300937 187550 212041 1385150 1447131 444364 208914 30887827 23289980 9390727 7597847 25448065 27031806 551792 489214 39677753 46240103 1814393 1434225 1158969 7628123 210503 146126 617513 641589 3801378 9850063 X 34156112 35085325 1283110 808004 437153 496711 35876375 36390040 39677753 46240103 X 68096 445569 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 66000 66000 0 EXPLANATION OF LOBBYING ACTIVITIES: PART II-B, LINE 1: THE UNIVERSITY USES A LOBBYIST IN AUSTIN TEXAS. THEY SPEAK TO THE MEMBERS OF THE TEXAS LEGISLATURE IN ORDER TO GAIN SUPPORT FOR LEGISLATION DIRECTLY RELATED TO PARKER UNIVERSITY OR RELATED TO ISSUES IN FURTHERANCE OF CHIROPRACTIC IN GENERAL. 492589 51441 32602 -6000 582632 454323 39584 2682 -4000 492589 402135 50212 5976 -4000 454323 362332 37932 6871 -5000 402135 0.85000 0.15000 0 0 1294500 1294500 19864278 15755421 4108857 9158850 7089018 2069832 570199 445541 124658 7597847 OTHER PAYABLES 182750 OTHER LONG TERM LIABLIITIES 458839 641589 27801095 27732999 68096 445569 445569 513665 29861711 445569 2188789 2634358 27227353 188809 384933 573742 27801095 29348046 2188789 2188789 27159257 188809 384933 573742 27732999 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: TO PROVIDE SCHOLARSHIPS TO CURRENT AND INCOMING STUDENTS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE UNIVERSITY QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, IT IS NOT SUBJECT TO STATE OR FEDERAL INCOME TAXES. THE UNIVERSITY IS SUBJECT TO FEDERAL AND STATE TAXES ON UNRELATED BUSINESS INCOME. THE UNIVERSITY FOLLOWS THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. NO LIABILITY HAS BEEN RECOGNIZED BY THE UNIVERSITY AS A RESULT OF THE APPLICATION OF THIS STANDARD. THE UNIVERSITY FILES AS A TAX-EXEMPT ORGANIZATION. THE UNIVERSITY'S TAX RETURNS FOR THE PRIOR THREE FISCAL YEARS ARE SUBJECT TO REVIEW BY THE IRS. PART XI, LINE 8 - OTHER ADJUSTMENTS: UNREALIZED GAIN PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 123,313. COST OF GOODS SOLD 2,032,609. SPECIAL EVENTS EXPENSE 32,867. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID & SCHOLARSHIPS 384,933. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 123,313. COST OF GOODS SOLD 2,032,609. SPECIAL EVENTS EXPENSE 32,867. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID & SCHOLARSHIPS 384,933. 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 WE HAVE NOT PUBLICIZED OUR POLICY THROUGH NEWSPAPER OR BROADCAST MEDIA. IT IS INCLUDED IN WRITTEN COMMUNICATION WITH THE PUBLIC DEALING WITH STUDENT'S ADMISSIONS, PROGRAMS, AND SCHOLARSHIPS EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES TITLE IV FINANCIAL AID FUNDS AND STATE FINANCIAL AID FOR ITS STUDENTS. MEXICO 1 PROGRAM SERVICE CHIROPRACTIC INTERNSHIPS 31411 COLUMBIA 1 PROGRAM SERVICE CHIROPRACTIC INTERNSHIPS 46540 2 0 0 0 2 0 77951 0 77951 0 0 0 0 0 0 RESEARCH GALA 50890 38173 12717 2800 28060 2007 50890 38173 12717 2800 28060 2007 32867 -20150 1 STUDENT TUITION GRANTS 138 384933 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE UNIVERSITY HAS A SCHOLARSHIP COMMITTEE THAT SELECTS ALL SCHOLARSHIP RECIPIENTS. THE UNIVERSITY AWARDS SCHOLARSHIPS AND GRANTS TO STUDENTS BASED ON NEED. X X X 1 1 X X X X X X 0 0 0 0 0 0 0 0 0 DR FABRIZIO MANCINI 395333 0 0 0 60847 0 24503 0 18001 0 498684 0 0 0 DR GERY HOCHANADEL 136050 0 0 0 38851 0 0 0 2522 0 177423 0 0 0 DR KENNETH THOMAS 225376 0 0 0 30198 0 13691 0 4474 0 273739 0 0 0 DR GILLES LAMARCHE 188593 0 0 0 18428 0 11079 0 4478 0 222578 0 0 0 JOLYNNE JENSEN 138448 0 0 0 11437 0 359 0 12334 0 162578 0 0 0 DR GENE GIGGLEMAN 157334 0 0 0 18070 0 9514 0 11163 0 196081 0 0 0 DR RON RUPERT 137004 0 0 0 8595 0 8228 0 4293 0 158120 0 0 0 ANTHONY BOUDREAU 84185 0 0 0 132608 0 5079 0 5032 0 226904 0 0 0 JESSE GREEN 91127 0 0 0 121088 0 5926 0 7398 0 225539 0 0 0 DR LAWRENCE STOLAR 90369 0 0 0 23502 0 3719 0 2918 0 120508 0 0 0 CHRISTOPHER ZEPPA 80613 0 0 0 26431 0 3115 0 8192 0 118351 0 0 0 PART I, LINE 1A THE ORGANIZATION PROVIDED $13,846 FOR COMPANION TRAVEL AND $35,000 FOR HOUSING TO DR. MANCINI DURING THE FISCAL YEAR. THE ORGANIZATION PROVIDED $7,846 FOR TRAVEL TO DR. LAMARCHE AND $12,000 FOR HOUSING TO DR. HOCHANADEL DURING THE FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 11 THE UNIVERSITY'S FORM 990 WILL BE SENT TO THE BOARD BEFORE FILING. EACH MEMBER WILL BE INSTRUCTED TO REVIEW AND FORWARD ANY QUESTIONS OR CONCERNS TO UNIVERSITY MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 12C BYLAWS PROHIBIT THE TRUSTEES FROM PARTICIPATING IN DECISIONS WHEN THEY HAVE A CONFLICT OF INTEREST. THE EMPLOYEE HANDBOOK APPLIES TO ALL EMPLOYEES AND PROHIBITS CONTRACTS BETWEEN THE UNIVERSITY AND ANY FIRM OR INDIVIDUAL IN WHICH AN EMPLOYEE HAS A MATERIAL FINANCIAL INTEREST. TO MONITOR THE PRESENCE OF ANY CONFLICTS, THE TRUSTEES, THE PRESIDENT, THE VICE PRESIDENTS, THE PROVOST, DEPARTMENT DIRECTORS, AND EMPLOYEES IN PURCHASING AND FINANCIAL AID MUST ANNUALLY COMPLETE A FORM TO DISCLOSE ANY CONFLICT OF INTEREST. EMPLOYMENT AGREEMENTS ALSO REQUIRE THAT SOME EMPLOYEES 1) DISCLOSE CONFLICTS OF INTEREST AND 2) REFRAIN FROM PARTICIPATING IN DECISIONS CONCERNING THAT SUBJECT. THE DISCLOSURE FORMS OF TRUSTEES ARE REVIEWED BY THE PROVOST. THE DISCLOSURE FORMS OF EMPLOYEES ARE REVIEWED BY THE DIRECTOR OF HUMAN RESOURCES. IF ADDITIONAL ACTION IS NECESSARY TO EVALUATE THE CONFLICT OR TO PREVENT THAT TRUSTEE OR EMPLOYEE FROM PARTICIPATING IN DECISIONS INVOLVING THAT CONFLICT OF INTEREST, THE DIRECTOR OF HUMAN RESOURCES MAY SEEK ASSISTANCE FROM THE VICE PRESIDENT OF BUSINESS OR THE PROVOST. IF NECESSARY, THE VICE PRESIDENT OR THE PROVOST MAY SEEK ASSISTANCE FROM THE PRESIDENT OR THE CHAIR OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE PRESIDENT OF THE UNIVERSITY IS DETERMINED BY THE BOARD OF TRUSTEES. THE PRESIDENTIAL REVIEW COMMITTEE WORKS WITH AN INDEPENDENT CONSULTANT AND MAKES RECOMMENDATION TO ENTIRE BOARD. THE LAST INDEPENDENT REVIEW AS OUTLINED BY THE CRITERIA WAS CONDUCTED IN 2012. COMPENSATION FOR EXECUTIVE MEMBERS OF THE ORGANIZATIONS HAS HISTORICALLY BEEN CONDUCTED AT THE SAME TIME THE PRESIDENT'S COMPENSTION IS REVIEWED. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 445,569. UNREALIZED GAIN TOTAL TO FORM 990, PART XI, LINE 5: 445,569. PFORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.