2013-01-11T13:50:00-05:00 2012-05-31 990 2011-06-01 620518288 FREED-HARDEMAN UNIVERSITY FREE 7319896009 158 E MAIN ST HENDERSON TN 38340 JOE A WILEY 7319896009 2013-01-08 2011 2016-02-25 16:41:14Z FREED-HARDEMAN UNIVERSITY JOE A WILEY 158 E MAIN ST HENDERSON TN 38340 48628986 false true X FHU.EDU X 1869 TN FREED-HARDEMAN UNIVERSITY IS A PRIVATE SCHOOL ASSOCIATED WITH CHURCHES OF CHRIST THAT EMPHASIZES BIBLICAL STUDIES AND THE SPIRITUAL DEVELOPMENT OF ITS STUDENTS 30 30 1125 0 7232877 7280877 35758368 37831156 1926448 2180982 2289072 1335971 47206765 48628986 9157277 8910335 0 17319190 17029946 0 2163175 14987681 14528519 41217206 40715742 5989559 7913244 93485603 97775098 37000298 38863560 56485305 58911538 FREED-HARDEMAN UNIVERSITY IS A PRIVATE INSTITUTION ASSOCIATED WITH CHURCHES OF CHRIST DEDICATED TO MORAL AND SPIRITUAL VALUES ACADEMIC EXCELLENCE AND SERVICE IN A FRIENDLY SUPPORTIVE ENVIRONMENT. false false 611000 36352528 9157277 38003639 THE UNIVERSITY CONDUCTED CLASSES FOR OVER 2000 STUDENTS AND GRADUATED . APPROX. 475 DURING THE FISCAL YEAR. THE EXPENSES INCLUDED FACULTY SALARIES AND BENEFITS AND AUXILIARY ENTERPRISES AND THE OPERATIONS AND MAINTENACE TO SUPPORT THEM. 36352528 true true false false false false false false false true true false false false true false true false true false true false false false true false false false true true true false false false false false true false false false false true false false false false false false false false false true 99 0 true 1125 true true true true BE false false false true true false false false false false false false false false 30 30 false false false false false false false true true false false true true true true false true true true false X BARRY SMITH 7319896009 158 E MAIN ST HENDERSON TN 38340 JOE A WILEY 40 X X X 248225 0 18574 MILTON R SEWELL 40 X X 148842 0 14167 DWAYNE H WILSON 40 X X 143325 0 13974 SAMUEL T JONES 40 X X 116287 0 15400 DAVID A CLOUSE 40 X X 109974 0 15378 EDWARD W SCOTT 40 X X 91681 0 16299 ROBERT M SCOTT 40 X X 83355 0 19240 CHARLES H VIRES 40 X X 96235 0 20238 KENNETH CARGILE 40 X 103878 0 9790 KEITH SMITH 40 X 90857 0 9128 THOMAS DEBERRY 40 X 84188 0 11572 VICKI JOHNSON 40 X 86500 0 9004 ELIZABETH SAUNDERS 40 X 87119 0 8973 1490466 181737 6 false true false 2957840 4323037 2812257 7280877 TUITION 611000 27614930 27614930 AUXILIARY ENTERPRISES 611000 10216226 10216226 37831156 84138 84138 18987791 16890947 2096844 2096844 2096844 1349172 185684 1163488 1802565 1630082 172483 172483 48628986 40184621 0 0 9157277 9157277 1035104 387738 391550 255816 12806038 10961108 731058 1113872 481172 387934 41131 52107 1761007 1371028 247822 142157 946625 789473 64311 92841 78926 78926 194198 194198 95717 62786 32931 23951 23951 525664 488614 8010 29040 774850 774850 13962 13962 557754 493198 17727 46829 780872 780872 1816326 1816326 174763 174763 UTILITIES 1797173 1797173 STUDENT MEALS 1774047 1774047 OPERATION AND MAINTENANCE 1872385 1872385 PRINCIPAL PAYMENTS 1657665 1657665 2390266 1591329 392375 406562 40715742 36352528 2200039 2163175 2129248 973250 1267025 1371240 1822967 1672747 875443 549847 851846 852961 76306156 24344518 47531203 51961638 38808563 40225235 199308 168180 93485603 97775098 4839293 4794224 1390356 1339648 2821952 2409085 12470333 15610033 9478364 8710570 6000000 6000000 37000298 38863560 16676172 21225605 26481187 23371567 13327946 14314366 56485305 58911538 93485603 97775098 X 7913244 -5487011 X false true true X true true X false false false 0.0 0.0 0.0 0.0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 32789563 2251992 1937987 1329133 266385 35384024 28104138 621128 5530140 1227984 237859 32789563 24404087 1302743 3870900 1255606 217896 28104138 33359594 757591 8263867 1350106 99125 24404087 .14499 .38400 .47100 false false false 4945598 4945598 57797512 18370959 39426553 6327345 5402069 925276 7235701 571490 6664211 51961638 BOND AND LEASE ISSUE COSTS 168180 168180 OPERATING LINE OF CREDIT 6000000 6000000 48628986 48628986 -10625347 -10625347 38003639 35503429 35503429 5212313 5212313 40715742 true true true true true true true false false false false false false false false false false true THE POLICY IS NOTED IN THE SCHOOL CATALOG THE SCHOOL WEBSITE AND ALL RECRUITING BROCHURES false EUROPE 1 3 EDUCATIONAL OPPORTUNITIES 353222 1 3 353222 false false false false false false X X X X X X X false TN BENEFIT DINNER 1349172 1349172 185684 1349172 185684 185684 1163488 false false false false false false false false false true SCHOLARSHIPS 1386 BOOK SCHOLARSHIPS AND AWARDS ARE GRANTED BASED ON NEED AND IN COMPLIANCE WITH STATE AND FEDERAL REGULATIONS X false true X false false false false false false false false false false JOE A WILEY 248225 18574 MILTON R SEWELL 148842 14167 FIRST BANK 521339252 2005-10-06 6500000 BUILD AND EQUIP DORMITORY false false false 600000 6500000 20000 6480000 false false true true false false false false false false false false false false false false false false false false JOHN ROSEMARY BROWN 10 YEAR INTEREST FREE LOAN X 6700000 6700000 false true true TERRY REGINA CREWS 10 YEAR INTEREST FREE LOAN X 500000 500000 false true true TOMMY MELANIE TOWNSEND 10 YEAR INTEREST FREE LOAN X 150000 150000 false true true LARRY BLOOMINGBURG 10 YEAR INTEREST FREE LOAN X 100000 100000 false true true JOHN MARILYN DODD 10 YEAR INTEREST FREE LOAN X 100000 100000 false true true JIM BECKY GARDNER 10 YEAR INTEREST FREE LOAN X 100000 100000 false true true BILL MORGAN 10 YEAR INTEREST FREE LOAN X 100000 100000 false true true LYNN RAMONA PATTERSON 10 YEAR INTEREST FREE LOAN X 100000 100000 false true true ROBERT SHACKLEFORD 10 YEAR INTEREST FREE LOAN X 100000 100000 false true true MILTON LAUREL SEWELL 10 YEAR INTEREST FREE LOAN X 100000 100000 false true true DALE TIPPI JONES 10 YEAR INTEREST FREE LOAN X 50000 50000 false true true FRIENDS OF FHU LLC 10 YEAR INTEREST FREE LOAN X 1700000 1700000 false true true X 6000 MARKET VALUE 8 2345974 MARKET VALUE 1 400000 APPRAISAL PIANO 1 25000 APPRAISAL false true true FREED-HARDEMAN UNIVERSITY FORM 990 PART VI SECTION B LINE 11B A COPY OF THE 990 IS SENT TO ALL MEMBERS OF THE AUDIT COMMITTEE AND MADE AVAILABLE TO MEMBERS OF THE BOARD OF TRUSTEES UPON REQUEST PART VI SECTION B LINE 12C AN ELECTRONIC VERSION OF THE CONFLICT OF INTEREST POLICY IS MADE AVAILABLE TO ALL ON THE UNIVERSITY WEBSITE. ALL BOARD MEMBERS SIGN A STATEMENT ACKNOWLEDGING THE POLICY AND UNDERSTAND THERE ARE PENALTIES FOR NON-COMPLIANCE. PART VI SECTION B LINES 15A & 15B A. THE COMPENSATION FOR THE PRESIDENT OF THE UNIVERSITY WAS DECIDED ON BY A RECOMMENDATION OF THE SEARCH COMMITTEE OF THE BOARD. COMPARATIVE DATA WAS GATHERED FROM SEVERAL INSTITUTIONS. RAISES ARE APPROVED BY THE BOARD OF TRUSTEES. B. THE COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES IS SET BY THE PRESIDENT AND HIS CABINET. FORM 990 PART XI LINE 5 ALTHOUGH NET ASSETS DID INCREASE DURING THE 2011-12 FISCAL YEAR. THE FIGURE ON THIS LINE IS NEGATIVE BECAUSE THE REVENUE FIGURE ON LINE 1 INCLUDES GIFTS AND GRANTS THAT GO TO THE STUDENTS ACCOUNTS. THE AMOUNT OF GIFTS AND GRANTS IS LARGER THAN THE INCREASE IN NET ASSETS OF 2426233