AQUINAS COLLEGE INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- AQUINAS COLLEGE INC (EIN 38-1367080)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-15
- IRS object ID
- 201321359349308637
- Schema version
- 2011v1.5
- 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 F
- Schedule G
- Schedule I
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-15T16:44:08-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 381357951 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PLANTE & MORAN PLLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 750 TRADE CENTRE WAY STE 300 | AddressLine1 |
| City | PORTAGE | City |
| State | MI | State |
| ZIP Code | 49002 | 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 | 381367080 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AQUINAS COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | AQUI | NameControl |
| Phone | 6166328900 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1607 ROBINSON ROAD SE | AddressLine1 |
| City | GRAND RAPIDS | City |
| State | MI | State |
| ZIP Code | 495061741 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | STEPHEN J WONCH | Name |
| Title | VICE PRESIDENT | Title |
| Phone | 6166322885 | Phone |
| Date Signed | 2013-05-15 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | VICKI L VANDENBERG CPA | Name |
| PTIN | P00100422 | PTIN |
| Phone | 2695674500 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | STEPHEN J WONCH | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1607 ROBINSON ROAD SE | AddressLine1 |
| City | GRAND RAPIDS | City |
| State | MI | State |
| ZIP Code | 495061741 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 103387930 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.AQUINAS.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1892 | YearFormation |
| State Legal Domicile | MI | StateLegalDomicile |
| Activity Or Mission Description | EDUCATION | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 15 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 15 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1243 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 171055 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -45547 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 6870489 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 12585946 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 47674804 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 49523851 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1634680 | InvestmentIncomePriorYear |
| Investment Income Current Year | 3294030 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 357588 | OtherRevenuePriorYear |
| Other Revenue Current Year | 420926 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 56537561 | TotalRevenuePriorYear |
| Total Revenue Current Year | 65824753 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 20980720 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 21599162 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 19108931 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 20140539 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1479133 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 15068768 | OtherExpensePriorYear |
| Other Expenses Current Year | 15731719 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 55158419 | TotalExpensesPriorYear |
| Total Expenses Current Year | 57471420 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1379142 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 8353333 | RevenuesLessExpensesCY |
| Total Assets BOY | 76576573 | TotalAssetsBOY |
| Total Assets EOY | 82815265 | TotalAssetsEOY |
| Total Liabilities BOY | 26972793 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 30941742 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 49603780 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 51873523 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | AQUINAS COLLEGE, AN INCLUSIVE EDUCATIONAL COMMUNITY ROOTED IN THE CATHOLIC DOMINICAN TRADITION, PROVIDES A LIBERAL ARTS EDUCATION WITH A GLOBAL PERSPECTIVE, EMPHASIZES CAREER PREPARATION FOCUSED ON LEADERSHIP AND SERVICE TO OTHERS, AND FOSTERS A COMMITMENT TO LIFELONG LEARNING DEDICATED TO THE PURSUIT OF TRUTH AND THE COMMON GOOD. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 42362764 | Expense |
| Grants | 21599162 | Grants |
| Revenue | 49523851 | Revenue |
| Description | AQUINAS COLLEGE SERVES 1,908 UNDERGRADUATE AND 237 GRADUATE STUDENTS. AQUINAS STRIVES TO PROVIDE STUDENTS WITH A LIBERAL ARTS EDUCATION WITHIN A CATHOLIC CHRISTIAN CONTEXT. | Description |
| Total Program Service Expense | 42362764 | 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 | 0 | ConservationEasements |
| Collections Of Art | 0 | 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 | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 1 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 1 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 0 | 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 | 1 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 3021 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1243 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | EI | NameOfForeignCountry |
| 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 | 15 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 15 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | 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 | 0 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEPHEN J WONCH VP | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6166322885 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1607 ROBINSON ROAD SE | AddressLine1 |
| City | GRAND RAPIDS | City |
| State | MI | State |
| ZIP Code | 495061741 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (33 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| DCN DENNIS M WILLIAMS | |||||||
| TRUSTEE | 0.60 | X | 0 | 0 | 0 | ||
| DEBRA BAILEY | |||||||
| TRUSTEE | 0.60 | X | 0 | 0 | 0 | ||
| DENNIS ECHELBARGER | |||||||
| TRUSTEE | 0.60 | X | 0 | 0 | 0 | ||
| DR DONALD BURNS | |||||||
| VICE CHAIR | 0.60 | X | 0 | 0 | 0 | X | |
| LGEN RET JOHN NOWAK | |||||||
| CHAIR | 0.60 | X | 0 | 0 | 0 | X | |
| MATT WEY | |||||||
| TRUSTEE | 0.60 | X | 0 | 0 | 0 | ||
| MICHAEL A LOWN | |||||||
| TREASURER | 0.60 | X | 0 | 0 | 0 | X | |
| REV MARK PRZYBYSZ | |||||||
| TRUSTEE | 0.60 | X | 0 | 0 | 0 | ||
| RICHARD DURELL | |||||||
| TRUSTEE | 0.60 | X | 0 | 0 | 0 | ||
| ROBERT C WOODHOUSE JR | |||||||
| TRUSTEE | 0.60 | X | 0 | 0 | 0 | ||
| SR MARY KAY OOSDYKE OP | |||||||
| TRUSTEE | 0.60 | X | 0 | 0 | 0 | ||
| SR MAUREEN GEARY OP | |||||||
| TRUSTEE | 0.60 | X | 0 | 0 | 0 | ||
| SR NATHALIE MEYER OP | |||||||
| SECRETARY | 0.60 | X | 0 | 0 | 0 | X | |
| THOMAS W CZERNEY | |||||||
| TRUSTEE | 0.60 | X | 0 | 0 | 0 | ||
| BGEN RET JAMES BRUNSON | |||||||
| TRUSTEE | 0.60 | X | 0 | 0 | 0 | ||
| GREGORY ALKSNIS | |||||||
| TRUSTEE - THROUGH APRIL 2012 | 0.60 | X | 0 | 0 | 0 | ||
| EDWARD B CARLSON | |||||||
| TRUSTEE - THROUGH APRIL 2012 | 0.60 | X | 0 | 0 | 0 | ||
| SR BARBARA DANNHAUSEN OP | |||||||
| TRUSTEE - THROUGH APRIL 2012 | 0.60 | X | 0 | 0 | 0 | ||
| MSGR WILLIAM DUNCAN | |||||||
| TRUSTEE - THROUGH APRIL 2012 | 0.60 | X | 0 | 0 | 0 | ||
| KATHRYN HYER | |||||||
| TRUSTEE - THROUGH APRIL 2012 | 0.60 | X | 0 | 0 | 0 | ||
| JOSEPH PARINI | |||||||
| TRUSTEE - THROUGH APRIL 2012 | 0.60 | X | 0 | 0 | 0 | ||
| RICHARD PEDDICORD | |||||||
| TRUSTEE - THROUGH APRIL 2012 | 0.60 | X | 0 | 0 | 0 | ||
| MICHAEL P SMITH | |||||||
| TRUSTEE - THROUGH APRIL 2012 | 0.60 | X | 0 | 0 | 0 | ||
| MICHAEL VANGESSEL | |||||||
| TRUSTEE - THROUGH APRIL 2012 | 0.60 | X | 0 | 0 | 0 | ||
| MICHAEL ZAGAROLI | |||||||
| TRUSTEE - THROUGH APRIL 2012 | 0.60 | X | 0 | 0 | 0 | ||
| PATRICK MILES JR | |||||||
| TRUSTEE - THROUGH JUNE 2012 | 0.60 | X | 0 | 0 | 0 | ||
| KAREN PALMORE | |||||||
| TRUSTEE - THROUGH JUNE 2012 | 0.60 | X | 0 | 0 | 0 | ||
| CHARLES D GUNNOE JR | |||||||
| PROVOST | 40.00 | 101117 | 0 | 22211 | X | ||
| GREGORY W MCALEENAN | |||||||
| VP FOR ADVANCEMENT | 40.00 | 101082 | 0 | 22877 | X | ||
| JUAN R OLIVAREZ | |||||||
| PRESIDENT | 40.00 | 108740 | 0 | 7054 | X | ||
| PAULA T MEEHAN | |||||||
| VP FOR ENROLLMENT | 40.00 | 93169 | 0 | 18384 | X | ||
| STEPHEN J WONCH | |||||||
| VP FOR FINANCE | 40.00 | 94259 | 0 | 21884 | X | ||
| GREGORY W MEYER | |||||||
| ASSOCIATE VP FOR ADVANCEMENT | 40.00 | 104178 | 0 | 19045 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 602545 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 111455 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | 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 |
|---|---|---|---|---|---|
| CREATIVE DINING SERVICES | |||||
| ONE ROYAL PART DRIVE | ZEALAND | MI | 49464 | FOOD SERVICES | 1941057 |
| ROCKFORD CONSTRUCTION | |||||
| 5540 GLENWOOD HLS PKWY | GRAND RAPIDS | MI | 49512 | CONSTRUCTION | 735509 |
| GRAND RAPIDS DOMINICANS | |||||
| 2025 FULTON STREET EAST | GRAND RAPIDS | MI | 49503 | LEASED EMPLOYEES | 352106 |
| D&D PRINTING | |||||
| 342 MARKET AVE SW 1 | GRAND RAPIDS | MI | 49503 | PRINTING | 323044 |
| RUFFALO CODY & ASSOCIATES | |||||
| 65 KIRKWOOD NORTH ROAD SW | CEDAR RAPIDS | IA | 52404 | RECRUITING | 208112 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 9 | NumberOfContractorsGT100K |
| Fundraising Events | 361450 | FundraisingEvents |
| Government Grants | 3258796 | GovernmentGrants |
| All Other Contributions | 8965700 | AllOtherContributions |
| Noncash Contributions | 174783 | NoncashContributions |
| Total Contributions | 12585946 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 611310 | 43418862 | 43418862 |
| AUXILIARY SERVICES | 611710 | 6104989 | 6104989 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 49523851 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 860897 | TotalRevenueColumn |
| Exclusion | $860,897 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 116674 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 116674 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 116674 | TotalRevenueColumn |
| Unrelated Business Revenue | 116674 | UnrelatedBusinessRevenue |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 39841391 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 37408258 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2433133 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2433133 | TotalRevenueColumn |
| Exclusion | $2,433,133 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 35143 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 361450 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 154919 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -119776 | TotalRevenueColumn |
| Exclusion | -$119,776 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|
| OTHER REVENUE | 900099 | 412028 | 54381 | $357,647 |
| CONTRACT SERVICES | 900099 | 12000 | $12,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 424028 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 65824753 | TotalRevenueColumn |
| Related Or Exempt Function Income | 49523851 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 171055 | UnrelatedBusinessRevenue |
| Exclusion | $3,543,901 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21556162 | Total |
| Program Services | 21556162 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 43000 | Total |
| Program Services | 43000 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 719301 | Total |
| Program Services | 242483 | ProgramServices |
| Management And General | 350523 | ManagementAndGeneral |
| Fundraising | 126295 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14670230 | Total |
| Program Services | 11202861 | ProgramServices |
| Management And General | 2755758 | ManagementAndGeneral |
| Fundraising | 711611 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3710647 | Total |
| Program Services | 2273445 | ProgramServices |
| Management And General | 1262840 | ManagementAndGeneral |
| Fundraising | 174362 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1040361 | Total |
| Program Services | 768521 | ProgramServices |
| Management And General | 213408 | ManagementAndGeneral |
| Fundraising | 58432 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 87415 | Total |
| Management And General | 87415 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 56147 | Total |
| Management And General | 56147 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 276293 | Total |
| Management And General | 276293 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 549114 | Total |
| Program Services | 296377 | ProgramServices |
| Management And General | 233898 | ManagementAndGeneral |
| Fundraising | 18839 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 198733 | Total |
| Management And General | 198733 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 818881 | Total |
| Program Services | 560976 | ProgramServices |
| Management And General | 201001 | ManagementAndGeneral |
| Fundraising | 56904 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 537937 | Total |
| Program Services | 9697 | ProgramServices |
| Management And General | 527141 | ManagementAndGeneral |
| Fundraising | 1099 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3210143 | Total |
| Program Services | 516846 | ProgramServices |
| Management And General | 2693297 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1022585 | Total |
| Program Services | 831167 | ProgramServices |
| Management And General | 49220 | ManagementAndGeneral |
| Fundraising | 142198 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 962429 | Total |
| Management And General | 962429 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2436979 | Total |
| Management And General | 2436979 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 230869 | Total |
| Program Services | 48081 | ProgramServices |
| Management And General | 182788 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| BOARD PLAN | 1378040 | 1378040 | ||
| TUITION REMISSION | 946214 | 946214 | ||
| SUPPLIES | 772133 | 537952 | 141482 | 92699 |
| ATHLETICS | 728416 | 728416 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1519391 | Total |
| Program Services | 1368740 | ProgramServices |
| Management And General | 53957 | ManagementAndGeneral |
| Fundraising | 96694 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 57471420 | Total |
| Program Services | 42362764 | ProgramServices |
| Management And General | 13629523 | ManagementAndGeneral |
| Fundraising | 1479133 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 224169 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4499934 | BOY |
| EOY | 4128273 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1283604 | BOY |
| EOY | 4225402 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 96150 | BOY |
| EOY | 549039 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 75847644 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 34143204 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39966684 | BOY |
| EOY | 41704440 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23930278 | BOY |
| EOY | 30878637 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6258120 | BOY |
| EOY | 575695 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 541803 | BOY |
| EOY | 529610 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 76576573 | BOY |
| EOY | 82815265 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4499289 | BOY |
| EOY | 4658194 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 275998 | BOY |
| EOY | 370722 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16715000 | BOY |
| EOY | 16090000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2666500 | BOY |
| EOY | 5100215 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2816006 | BOY |
| EOY | 4722611 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26972793 | BOY |
| EOY | 30941742 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18608115 | BOY |
| EOY | 17824336 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13623287 | BOY |
| EOY | 15588708 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17372378 | BOY |
| EOY | 18460479 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 49603780 | BOY |
| EOY | 51873523 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 76576573 | BOY |
| EOY | 82815265 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 8353333 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -6083590 | 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 Consolidated | X | FinancialStatementConsolidated |
| 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
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 32151003 | BeginningOfYearBalance |
| Contributions | 1613075 | Contributions |
| Investment Earnings Or Losses | -285628 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 436796 | GrantsOrScholarships |
| Other Expenditures | 11677714 | OtherExpenditures |
| Administrative Expenses | 134353 | AdministrativeExpenses |
| End Of Year Balance | 21229587 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 27422159 | BeginningOfYearBalance |
| Contributions | 611810 | Contributions |
| Investment Earnings Or Losses | 4995455 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 495807 | GrantsOrScholarships |
| Other Expenditures | 230110 | OtherExpenditures |
| Administrative Expenses | 152503 | AdministrativeExpenses |
| End Of Year Balance | 32151003 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 23399135 | BeginningOfYearBalance |
| Contributions | 1919409 | Contributions |
| Investment Earnings Or Losses | 2468940 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 153654 | GrantsOrScholarships |
| Other Expenditures | 57421 | OtherExpenditures |
| Administrative Expenses | 154250 | AdministrativeExpenses |
| End Of Year Balance | 27422159 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 26978214 | BeginningOfYearBalance |
| Contributions | 384165 | Contributions |
| Investment Earnings Or Losses | -3586844 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 178078 | GrantsOrScholarships |
| Other Expenditures | 47294 | OtherExpenditures |
| Administrative Expenses | 151028 | AdministrativeExpenses |
| End Of Year Balance | 23399135 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.05400 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.85640 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.08970 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2341678 | OtherCostOrOtherBasis |
| Book Value | 2341678 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 43105492 | OtherCostOrOtherBasis |
| Depreciation | 18160061 | Depreciation |
| Book Value | 24945431 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 17050153 | OtherCostOrOtherBasis |
| Depreciation | 5639471 | Depreciation |
| Book Value | 11410682 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 8965799 | OtherCostOrOtherBasis |
| Depreciation | 7531640 | Depreciation |
| Book Value | 1434159 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4384522 | OtherCostOrOtherBasis |
| Depreciation | 2812032 | Depreciation |
| Book Value | 1572490 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 41704440 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (8 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ACCRUED INTEREST | $67,396 |
| OBILIGATONS UNDER SPLIT INTERST AGREEMENT | $230,429 |
| STUDENT AND OTHER DEPOSITS | $151,000 |
| REFUNDABLE PERKINS LOAN ADVANCES | $94,896 |
| FUNDS HELD IN TRUST FOR OTHERS | $115,233 |
| DERIVATIVE LIABILITY | $2,913,877 |
| OTHER | $393,591 |
| CAPITALIZED LEASE OBLIGATION | $756,189 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 4722611 | TotalOfAmounts |
| Total Revenue | 65824753 | TotalRevenue |
| Total Expenses | 57471420 | TotalExpenses |
| Excess Or Deficit For Year | 8353333 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -3345182 | NetUnrealizedGLOnInvestments |
| Other | -$2,738,408 | OtherAmount |
| Total Adjustments | -6083590 | TotalAdjustments |
| Excess Or Deficit Per FS | 2269743 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 39299751 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -3345182 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 44007 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | -2361423 | OtherRevenues |
| Revenue Not Rptd F990 | -5662598 | RevenueNotRptdF990 |
| Revenue Subtotal | 44962349 | RevenueSubtotal |
| Investment Expenses Not Included | 276293 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 20586111 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 20862404 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 65824753 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 36450002 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 44007 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 810030 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 854037 | ExpensesNotRptdF990 |
| Expenses Subtotal | 35595965 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 276293 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 21599162 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 21875455 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 57471420 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE INTERNAL REVENUE SERVICE HAS RULED THAT THE COLLEGE HAS BEEN RECOGNIZED AS AN ORGANIZATION IN INTERNAL REVENUE CODE (IRC) SECTION 501C(3) AND SECTION 509(A) AS A PUBLIC CHARITY EXEMPT FROM INCOME TAXES UNDER IRC SECTION 501(A). ACCORDINGLY NO PROVISION FOR FEDERAL INCOME TAXES HAS BEEN MADE IN THE CONSOLIDATED FINANCIAL STATEMENTS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UP EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2012, AND 2011, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO JUNE 30, 2009. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | INCREASE IN CASH VALUE OF LIFE INSURANCE -5,914. CHANGE IN INTEREST RATE SWAP -1,340,261. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -1,015,248. PENSION LIABILITY ADJUSTMENT -376,985. TOTAL TO SCHEDULE D, PART XI, LINE 8: -2,738,408. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | CASH VALUE OF LIFE INSURANCE -5,914. CHANGE IN INTEREST RATE SWAP -1,340,261. CHANGE IN VALUE OF SWAP INTEREST AGREEMENT -1,015,248. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | CONSOLIDATED ORGANIZATION REVENUES -858,132. TUITION DISCOUNT 21,599,162. FUNDRAISING EXPENSE -154,919. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSE 154,919. CONSOLIDATED ORGANIZATIONS EXPENSES 655,111. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | TUITION DISCOUNT 21,599,162. |
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 | MISSION, PROCLAMATION ON DIVERSITY PUBLISHED IN THE CATLOG, RECRUITMENT MATERIALS, ADMISSIONS MATERIALS AND WEBSITE. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | AQUINAS COLLEGE PROVIDES STUDENTS WITH APPLICABLE FEDERAL TITLE IV STUDENT ASSISTANCE PROGRAMS AND THAT OF MICHIGAN GRANTS AND SCHOLARSHIPS. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 1 | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable (4 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| EUROPE (INCLUDING ICELAND & GREENLAND) - | 0 | 0 | PROGRAM SERVICES | STUDENT STUDY ABROAD PROGRAMS | 343867 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | PROGRAM SERVICES | STUDENT STUDY ABROAD PROGRAMS | 15202 |
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | PROGRAM SERVICES | STUDENT STUDY ABROAD PROGRAMS | 190824 |
| SUB-SAHARAN AFRICA | 0 | 0 | PROGRAM SERVICES | STUDENT STUDY ABROAD PROGRAMS | 26035 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 575928 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 575928 | TotalAmountSpent |
Grants To Ind Outside US GrantsToIndOutsideUS (2 entries)
| Type Of AssistanceTypeOfAssistance | RegionRegion | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|---|
| SCHOLARSHIP | SOUTH AMERICA | 2 | 33000 |
| SCHOLARSHIP | VIETNAM | 1 | 10000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: | Identifier |
| Explanation | SCHEDULE F, PART I, LINE 2: ALL ACTIVITY, INCLUDING CORRESPONDENCE, IS MAINTAINED AND SUMMARIZED | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | REFLECTION AWARD | NameOfEvent1 |
| Gross Receipts Event1 | 160155 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 150155 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 10000 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 25369 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 19033 | OtherDirectExpensesEvent1 |
| Name Of Event2 | GOLF OUTING | NameOfEvent2 |
| Gross Receipts Event2 | 101323 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 82680 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 18643 | GrossRevenueEvent2 |
| Rent Facility Costs Event2 | 28171 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 3698 | FoodAndBeverageEvent2 |
| Other Direct Expenses Event2 | 16297 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 2 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 135115 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 128615 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 6500 | GrossRevenueOtherEvents |
| Food And Beverage Other Events | 30336 | FoodAndBeverageOtherEvents |
| Other Direct Expenses Other Events | 32015 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 396593 | GrossReceiptsTotal |
| Charitable Contributions Total | 361450 | CharitableContributionsTotal |
| Gross Revenue Total Events | 35143 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 28171 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 59403 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 67345 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 154919 | DirectExpenseSummaryEvents |
| Net Income Summary | -119776 | NetIncomeSummary |
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 | 1908 | NumberOfRecipients |
| Amount Of Cash Grant | 21556162 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
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: STUDENTS RECEIVE SCHOLARSHIPS AS CREDITS AGAINST TUITION. THESE SCHOLARSHIPS CAN BE BASED ON NEED AND/OR ON ACADEMIC PERFORMANCE. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MI HIGHER EDUCATION FACILITIES AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 521285150 | IssuerEIN |
| CUSIP Number | 594519N30 | CUSIPNumber |
| Date Issued | 2008-02-05 | DateIssued |
| Issue Price | 16325000 | IssuePrice |
| Description Of Purpose | DEBT REFINANCING AND CAPITAL IMPROVEMENTS/ADDITIONS | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 16412871 | TotalProceeds |
| Refunding Escrow | 10213342 | RefundingEscrow |
| Credit Enhancement | 188051 | CreditEnhancement |
| Capital Expenditures | 6011477 | CapitalExpenditures |
| Year Of Subst Completion | 2010 | YearOfSubstCompletion |
| Current Refunding | 1 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 1 | HedgeIdentifiedInBooksAndRecds |
| Superintegrated Hedge | 0 | SuperintegratedHedge |
| Hedge Terminated | 0 | HedgeTerminated |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| ROCKFORD CONSTRUCTION | |||
| MICHAEL VANGESSEL, FORMER AQUINAS TRUSTEE AND FOUNDER OF ROCKFORD CONSTRUCT | 735509 | CONSTRUCTION CONTRACT | 0 |
| GRAND RAPIDS DOMINICAN SISTERS | |||
| SR.'S MEYER AND GEARY, AQUINAS TRUSTEES AND MEMBERS OF THE ORGANIZATION | 352106 | SR. NATHALIE MEYER AND SR. MAUREEN GEARY ARE LEASED EMPLOYEES BY AQUINAS COLLEGE. | 0 |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 610 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
Clothing And Household Goods ClothingAndHouseholdGoods
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 619 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 12 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 76056 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | EQUIPMENT, FOOD, & LODGING | Description |
| Number Of Contributions | 8 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 97498 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 WORKBOOK IS PREPARED BY THE BUSINESS OFFICE STAFF, INCLUDING THE ASSISTANT CONTROLLER AND CONTROLLER. THE REVIEW PROCESS STARTS WITH THE VP FOR FINANCE, THEN, THE ACCOUNTING FIRM WHO PERFORMED THE YEAR-END AUDIT, FOLLOWED BY THE BOARD OF TRUSTEES & TREASURER. THE TREASURER MAKES THE 990 AVAILABLE TO MEMBERS OF THE BUSINESS & FINANCE COMMITTEE OF THE BOARD, WHO ARE RESPONSIBLE FOR OVERSIGHT OF COLLEGE FINANCES. | |
| FORM 990, PART VI, SECTION B, LINE 12 | THE ASSISTANT TO THE PRESIDENT ANNUALLY DELIVERS AND COLLECTS THE CONFLICT OF INTEREST STATEMENTS FROM ALL ACTIVE BOARD OF TRUSTEE MEMBERS WHICH ARE THEN MADE AVAILABLE FOR REVIEW BY THE EXECUTIVE COMMITTEE OF THE BOARD. IF A CONFLICT ARISES, THERE IS A MEETING WITH THE INDIVIDUAL WITH WHOM THE CONFLICT EXISTS. IF THE CONFLICT IS NOT ELIMINATED, THE INDIVIDUAL IS REMOVED FROM THEIR ROLE. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE FULL BOARD OF TRUSTEES ANNUALLY REVIEWS AND APPROVES THE COMPENSATION PACKAGE FOR THE PRESIDENT BASED ON NUMEROUS FACTORS INCLUDING PERFORMANCE AND COMPARABILITY DATA. THROUGH THE ANNUAL REVIEW AND APPROVAL PROCESS OF THE BUDGET, THE BUSINESS AND FINANCE COMMITTEE OF THE BOARD APPROVES STAFF COMPENSATION. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN IN 2012. | |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL DOCUMENTS OPEN TO PUBLIC INSPECTION ARE MADE AVAILABLE UPON REQUEST. | |
| FORM 990, PART VII: | PAULA MEEHAN WORKED AN AVERAGE OF AT LEAST 5 HOURS PER WEEK AT A RELATED ORGANIZATION. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -3,345,182. INCREASE IN CASH VALUE OF LIFE INSURANCE -5,914. CHANGE IN INTEREST RATE SWAP -1,340,261. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -1,015,248. PENSION LIABILITY ADJUSTMENT -376,985. TOTAL TO FORM 990, PART XI, LINE 5: -6,083,590. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XII, LINE 2C: | NO CHANGE IN PROCESS FROM PRIOR YEAR. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CONDUCTIVE EDUCATION AND REHABILITATION CENTER | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1607 ROBINSON RD SE | AddressLine1 |
| City | GRAND RAPIDS | City |
| State | MI | State |
| ZIP Code | 49506 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 383601587 | EIN |
| Primary Activities | PROVIDE EDUCATION, TRAINING AND DEVELOPMENT FOR PEOPLE WITH MOTOR DISORDERS | PrimaryActivities |
| Legal Domicile State | MI | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | LINE 2 | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AQUINAS COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | 1 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CONDUCTIVE EDUCATION AND REHABILITATION CENTER OF MICHIGAN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | P | TransactionType |
| Amount Involved | 390208 | AmountInvolved |
| Method Of Amt Determination | ACTUAL | MethodOfAmtDetermination |
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