2013-10-15T19:07:15-05:00 2013-06-30 HOWLAND & NORRIS CPA'S 401 W CAPITOL SUITE 501 LITTLE ROCK AR 72201 990 2012-07-01 710236867 UNIVERSITY OF THE OZARKS UNIV 4799791000 415 N COLLEGE AVE CLARKSVILLE AR 728302880 JEFF SCACCIA 4799791000 2013-10-09 true DAVID CHAPPELL 5013723112 2013-10-15 2012 2015-11-30 17:44:51Z RICHARD DUNSWORTH 415 N COLLEGE AVE CLARKSVILLE AR 728302880 41231792 false X WWW.OZARKS.EDU X 1852 AR TO PROVIDE POST-SECONDARY EDUCATION 22 22 647 40 0 2708758 4647677 14798221 14927187 4750758 3725840 2490822 2392165 24748559 25692869 8295362 8599451 0 11033348 10798624 1820 2200 1055189 6153487 6383951 25484017 25784226 -735458 -91357 124035924 129561128 3590737 3420026 120445187 126141102 TO PROVIDE POST-SECONDARY EDUCATION false false 21587573 8599451 14927187 EDUCATIONAL SERVICES - PROVIDED EDUCATIONAL COURSES TO AN AVERAGE ENROLLMENT OF 559 FULL-TIME EQUIVALENT STUDENTS. 21587573 true true false false false false false true false true true true false false true true true false true false false false false false false false false false true true true false false false false false false false false false false true false false false false true false false false true 41 0 true 647 true false false false false false false false false false false X 22 22 true false false false false false false true true false false false true true true true true true true false X JEFF SCACCIA 4799791310 415 N COLLEGE AVE CLARKSVILLE AR 72830 JOHN KING X 0 0 0 KIM BEHREND X 0 0 0 SYLVESTER BENSON X 0 0 0 DOUG BLACK X 0 0 0 ARVID BEAN X 0 0 0 ALLYN DONAUBAUER X 0 0 0 JANET DRUMMOND X 0 0 0 SUSAN SMITH EPPERSON X 0 0 0 ANN FILYAW X 0 0 0 JACK PATTERSON X 0 0 0 WILLIAM RAIL X 0 0 0 IVAN QUANT X 0 0 0 RALPH SCOTT X 0 0 0 JUDY BOREHAM X 0 0 0 SUE TULL X 0 0 0 DENTON TUMBLESON X 0 0 0 HARVE TAYLOR X 0 0 0 DUDLEY VILES X 0 0 0 JUDY BORCK X 0 0 0 LAURIE FISHER X 0 0 0 SUE FRUEAUFF X 0 0 0 SUSAN PINSON X 0 0 0 RICK NIECE 40.00 X 264900 0 98422 DAN TADDIE 40.00 X 145787 0 15108 DARRELL WILLIAMS 40.00 X 122767 0 13266 JEFF SCACCIA 40.00 X 119722 0 13023 STEVE EDMISTEN 40.00 X 113110 0 12489 766286 152308 5 false true false ARAMARK CAMPUS SERVICES 415 N COLLEGE AVENUE CLARKSVILLE AR 72830 FOOD SERVICE 1150588 TEXAS SCENIC CO 5423 JACKWOOD DRIVE SAN ANTONIO TX 78238 CONSTRUCTION 224898 RUFFALO CODY 1075 N JUDGE ELY BLVD PMB 151 ABILENE TX 79601 ENROLL STRATEGY 181836 BLACKSTONE CONSTRUCTION LLC 444 HEDGEPATH RD RUSSELLVILLE AR 72802 CONSTRUCTION 146842 LCG ASSOCIATES 400 GALLERIA PARKWAY ATLANTA GA 30339 INVESTMENT MGR 125000 5 40500 406051 4201126 269871 4647677 STUDENT TUITION AND FEES 900099 14927187 14927187 14927187 1576901 1576901 891612 891612 1323085 497762 825323 825323 825323 16023366 13851264 23163 2172102 -23163 2148939 2148939 1564909 1166734 398175 398175 MISCELLANEOUS - EXCLUDED 139797 139797 MISCELLANEOUS - EXEMPT 137258 137258 277055 25692869 15462620 5582572 8599451 8599451 896352 806273 90079 7784425 6691332 529590 563503 1147049 971201 90246 85602 400931 373410 2850 24671 569867 454196 70923 44748 132343 45216 87127 60925 60925 2200 2200 143655 83479 4371 55805 710663 294785 372504 43374 255108 255108 1169986 1060068 95516 14402 345163 303148 33167 8848 111884 111884 1461417 1324120 119308 17989 229895 208297 18768 2830 MISCELLANEOUS 807509 410692 395850 967 EQUIPMENT RENTAL & MAINT 320726 212220 95335 13171 PROVISION FOR BAD DEBTS 220087 220087 ENROLLMENT MARKETING 186172 186172 228418 114678 26740 87000 25784226 21587573 3141464 1055189 35464 31152 3272582 2025770 323806 202043 749418 729132 2504982 3194028 52455242 24736764 27736194 27718478 60854504 66079769 28114117 29135899 444857 444857 124035924 129561128 1473276 1110308 175617 77422 1488486 1426348 264000 608302 189358 197646 3590737 3420026 X 23598206 24174061 22330306 24029712 74516675 77937329 120445187 126141102 124035924 129561128 -91357 5787272 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 249909 249909 X X false 87538444 580256 9183619 -596461 -4336095 -212175 92157588 92251795 289914 -1624963 -499742 -2715954 -162606 87538444 78670541 659154 17411831 -919702 -3398439 -171590 92251795 72635220 871793 9460546 -679679 -3515504 -101835 78670541 68040212 15525273 -6457531 -646198 -3700958 -125578 72635220 0.01330 0.84570 0.14100 false false 514594 734758 1249352 39145173 15398471 23746702 9623722 7886605 1737117 2436995 1451688 985307 27718478 INTERNATIONAL EQUITY FUNDS 13119825 F EQUITY INDEX FUNDS 6315235 F HEDGE FUNDS 4518383 F REAL ESTATE FUNDS 3261069 F FIXED INCOME FUNDS 1667357 F COMMODITY FUNDS 140747 F MINERAL INTERESTS 113283 F 29135899 DEPOSITS HELD IN CUSTODY FOR OTHERS 197646 197646 X 24874666 5787272 -8269971 -2482699 27357365 -1664496 -1664496 25692869 19178751 1664496 1664496 17514255 8269971 8269971 25784226 COLLECTIONS AND RELATION TO EXEMPT PURPOSE SCHEDULE D, PAGE 2, PART III, LINE 4 ROCK & MINERAL COLLECTION - ENHANCES SCIENCE CLASS EDUCATION (SPECIFICALLY GEOLOGY) WATERCOLOR PAINTING COLLECTION - ENHANCES THE LEARNING ENVIRONMENT OF ART STUDENTS AND SERVES AS AN EXAMPLE OF WHAT CAN BE CREATED PFEFFER COLLECTION - ENHANCES THE LEARNING ENVIRONMENT OF ART AND HISTORY STUDENTS AND A GREAT EXAMPLE OF FINE ART INTENDED USES FOR ENDOWMENT FUNDS SCHEDULE D, PAGE 2, PART V, LINE 4 ENDOWMENT FUNDS ARE USED TO PROVIDE SCHOLARSHIPS, PROFESSORSHIPS, AND MAINTENANCE OF CAMPUS FACILITIES. LIABILITY UNDER FIN 48 FOOTNOTE SCHEDULE D, PAGE 3, PART X THE UNIVERSITY OF THE OZARKS IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. PRIOR TO JUNE 30, 2013, NO FORM 990-T HAS BEEN FILED DUE TO LACK OF UNRELATED BUSINESS INCOME, THEREFORE, ALL TAX YEARS REMAIN OPEN TO EXAMINATION BY THE FEDERAL AND STATE TAXING JURISDICTIONS TO WHICH THE UNIVERSITY IS SUBJECT. THE UNIVERSITY HELD NO UNCERTAIN TAX POSITIONS AT JUNE 30, 2013. ACCORDINGLY, THE UNIVERSITY DOES NOT HAVE ANY INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, SUCH AMOUNTS, IF INCURRED, WOULD BE RECOGNIZED IN INCOME TAX EXPENSE AND ACCRUED INCOME TAXES PAYABLE. REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 2D SCHOLARSHIP ALLOWANCE -7,763,391 WISP SCHOLARSHIP ALLOWANCE -506,580 REVENUE AMOUNTS INCLUDED ON RETURN - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 4B RENTAL EXPENSE -497,762 FOOD SERVICE COST -1,149,928 BOOKSTORE EXPENSES -16,806 EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 2D RENTAL EXPENSE 497,762 FOOD SERVICE COST 1,149,928 BOOKSTORE EXPENSE 16,806 EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 4B SCHOLARSHIP ALLOWANCE 7,763,391 WISP SCHOLARSHIP ALLOWANCE 506,580 true true true true true true true false false false false false false false false true false true PUBLICATION OF NONDISCRIMINATORY POLICY IN MEDIA EXPLANATION SCHEDULE E LINE 3 ALL BROCHURES NEWSPAPER ADVERTISEMENTS UNIVERSITY CATALOGS ETC INCLUDE THE NONDISCRIMINATORY POLICY FINANCIAL AID OR GOVERNMENT ASSISTANCE EXPLANATION SCHEDULE E LINE 6 THE UNIVERSITY RECEIVED FUNDS FROM THE US DEPARTMENT OF EDUCATION SEOG TEACH AND PELL GRANTS PERKINS LOANS COLLEGE WORK STUDY FUNDS AND FEDERAL DIRECT LOANS ARE RECEIVED TO ENABLE THE UNIVERSITY TO PROVIDE FINANCIAL ASSISTANCE TO STUDENTS ATTENDING THE UNIVERSITY FUNDS WERE RECEIVED FROM THE SPECIAL SERVICES FOR DISADVANTAGED STUDENTS PROGRAM UNDER TITLE IV THOSE FUNDS COVERED THE EXPENSES OF THE UNIVERSITYS STUDENT SUPPORT PROGRAM true STUDENT FINANCIAL AID 530 329480 8269971 N/A TUITION & FEES PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES SCHEDULE I, PAGE 1, PART I, LINE 2 THE GRANTS (SCHOLARSHIPS) MADE BY THE UNIVERSITY ARE A REDUCTION OF THE TUITION AND FEES PAID BY THE STUDENT TO THE SCHOOL. GRANT FUNDS ARE NOT SENT TO OUTSIDE ENTITIES. X true true X X X X X false true false false false false false false false RICK NIECE 264900 75000 23422 363322 DAN TADDIE 145787 15108 160895 FRINGE OR EXPENSE EXPLANATION SCHEDULE J, PAGE 1, PART I, LINE 1A AS A REQUIREMENT OF HIS EMPLOYMENT, RICK NIECE, PRESIDENT OF THE UNIVERSITY, IS PROVIDED AN ON-CAMPUS RESIDENCE FOR PERSONAL USE. THIS BENEFIT WAS NOT INCLUDED AS TAXABLE COMPENSATION TO THIS INDIVIDUAL. SEVERANCE, NONQUALIFIED, AND EQUITY-BASED PAYMENTS SCHEDULE J, PAGE 1, PART I, LINE 4 RICK NIECE 0 75,000 0 A CITY OF CLARKSVILLE ARKANSAS 300632068 2010-06-01 1665000 AQUIRE, CONSTRUCT, AND FURNISH BUILDINGS ON CAMPUS. false false false A 1657701 124000 29138 1504563 2012 false false true true A false false false false false false false true A false true false false false false false false false A false X 17 269871 MKT VALUE ON DATE OF GIFT false false false RELATED PARTY INFORMATION AMONG OFFICERS FORM 990, PAGE 6, PART VI, LINE 2 ARVID BEAN TRUSTEE BROTHER-IN-LAW HARVE TAYLOR TRUSTEE BROTHER-IN-LAW ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS PREPARED BY THE UNIVERSITY'S ACCOUNTANTS AND REVIEWED BY THE CFO AND BUSINESS MANAGER. THE FORM 990 IS ALSO PROVIDED TO THE UNIVERSITY'S FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW AND APPROVAL PRIOR TO ITS FILING. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C THE UNIVERSITY MONITORS AND ENFORCES THE WRITTEN CONFLICT OF INTEREST POLICY BY REQUESTING EACH DIRECTOR AND OFFICER TO SIGN A STATEMENT THAT THEY HAVE RECEIVED, READ, UNDERSTAND, AND AGREE TO COMPLY WITH THE CONFLICT OF INTEREST POLICY. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A THE PROCESS FOR DETERMINING THE COMPENSATION OF THE UNIVERSITY'S CEO IS AS FOLLOWS: THE UNIVERSITY'S EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES ACCUMULATES INFORMATION AS NEEDED FROM VARIOUS SOURCES INSIDE AND OUT OF THE UNIVERSITY. THIS INFORMATION IS THEN USED TO SET THE SALARY AND CONTRACT TERMS OF THE PRESIDENT. COMPENSATION PROCESS FOR OFFICERS FORM 990, PAGE 6, PART VI, LINE 15B THE PROCESS FOR DETERMINING THE COMPENSATION OF THE UNIVERSITY'S OFFICERS IS AS FOLLOWS: OFFICERS OF THE UNIVERSITY ARE SUBJECT TO AN ANNUAL REVIEW WITH THE PRESIDENT AT WHICH TIME THE TERMS AND CONDITIONS OF THEIR EMPLOYMENT ARE REVIEWED AS WELL. INDUSTRY SALARY SURVEYS AND REPORTS ARE REVIEWED ON A REGULAR BASIS BY THE CEO, CFO, AND BUSINESS MANAGER. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 REQUESTS FOR REVIEW OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE EVALUATED ON A CASE BY CASE BASIS UPON RECEIPT. IF DEEMED NECESSARY, DOCUMENTS WILL BE PROVIDED TO THOSE REQUESTING THE INFORMATION. RECONCILIATION OF CHANGES - OTHER FORM 990, PART XI, LINE 9 SCHOLARSHIP ALLOWANCE -7,763,391 WISP SCHOLARSHIP ALLOWANCE -506,580 RENTAL EXPENSE 497,762 FOOD SERVICE COST 1,149,928 BOOKSTORE EXPENSES 16,806 RENTAL EXPENSE -497,762 FOOD SERVICE COST -1,149,928 BOOKSTORE EXPENSE -16,806 SCHOLARSHIP ALLOWANCE 7,763,391 WISP SCHOLARSHIP ALLOWANCE 506,580 UNIV OF THE OZARKS ALUMNI ASSOC 415 NORTH COLLEGE AVENUE CLARKSVILLE AR 72830 237092414 ALUMNI AR 501C3 11D NA false false false true false false false false false false false false true false true true false false false false