2013-05-13T15:43:24-05:00 2012-06-30 GRANT THORNTON LLP 8300 THORN DRIVE SUITE 300 WICHITA KS 672262708 990 2011-07-01 480547702 Friends University % JULIA CAPPS CONTROLLER FRIE 3162955000 2100 W UNIVERSITY AVENUE WICHITA KS 672133379 RANDALL C DOERKSEN 2013-05-10 true Kimberly Temple 3162653231 2011 2016-02-24 21:20:13Z DR TJ Arant 2100 W UNIVERSITY AVENUE WICHITA KS 672133379 53109892 false X WWW.FRIENDS.EDU/ X 1898 KS rooted in liberal arts and in the Christian intellectual tradition, students learn, inside and outside the classroom, to integrate their intellectual, social and spiritual lives. 25 24 1324 75 13780 12780 1961000 3012079 38684268 41734221 3002607 1200937 122704 134858 43770579 46082095 8436623 9128681 0 0 21953694 22015550 0 0 1164038 14007260 14332464 44397577 45476695 -626998 605400 128577000 124865000 25908000 24500000 102669000 100365000 X We are informed by the Quaker heritage of Friends University. We also are rooted both in the liberal arts tradition and in the Christian intellectual tradition. Because of these roots, we insist that our students learn, inside and outside the classroom, to integrate their intellectual lives with their social and spiritual lives in ways that will improve the world. In doing our work authentically, we prepare our students to adapt to change and to make a difference. false false 8969660 267113 11228213 THE COLLEGE OF ADULT & PROFESSIONAL STUDIES (CAPS) IS COMMITTED TO PROVIDING ACADEMIC EXCELLENCE TO A DIVERSE COMMUNITY OF LIFELONG LEARNERS. STUDENTS IN CAPS ARE ADULTS WHO WANT TO EARN A DEGREE BY ATTENDING CLASSES ONE NIGHT A WEEK, EVERY OTHER SATURDAY, OR ONLINE. EACH ADULT DEGREE COMPLETION PROGRAM HAS BEEN DESIGNED TO CREATE EXTENSIVE STUDENT-TO-STUDENT INTERACTION VIA A COHORT MODEL. AS OF FALL 2011, 660 DEGREE COMPLETION STUDENTS WERE ATTENDING THE UNIVERSITY. ALSO OFFERED IS A PROGRAM FOR ADULT COLLEGE EDUCATION (PACE), FOR ADULTS JUST BEGINNING THEIR STUDIES. DURING FISCAL YEAR 2011 APPROXIMATELY 300 PACE STUDENTS WERE SERVED. 352 CAPS GRADUATES RECEIVED DIPLOMAS IN FY 2012. 8727263 262603 8811482 THE MISSION OF THE GRADUATE SCHOOL IS TO PROVIDE A HIGH-QUALITY LEARNING ENVIRONMENT FOR STUDENTS SEEKING PROFESSIONAL GRADUATE EDUCATION. THE GRADUATE SCHOOL HONORS ITS QUAKER HERITAGE BY ADHERING TO ITS CORE VALUES OF EXCELLENCE,INTEGRITY,CIVILITY, INCLUSIVITY AND SERVICE. ITS TWELVE DEGREE PROGRAMS ARE OFFERED IN THE EVENINGS AND SATURDAYS TO ACCOMMODATE THE SCHEDULES OF WORKING ADULTS. A COHORT MODEL IS USED FOR MOST PROGRAMS, IN WHICH GROUPS OF 10-20 GRADUATE STUDENTS PROGRESS THROUGH THEIR COURSEWORK TOGETHER TOWARD THE COMPLETION OF THEIR DEGREES. ENROLLMENT IN THE GRADUATE SCHOOL IN THE FALL OF 2011 WAS APPROXIMATELY 774 FULL-TIME STUDENTS, AND 295 GRADUATES WERE RECOGNIZED FROM THE COLLEGE DURING FISCAL YEAR 2012. 21005363 8598965 19034267 THE COLLEGE OF BUSINESS, ARTS, SCIENCES AND EDUCATION (CBASE) SUPPORTS THE FRIENDS UNIVERSITY MISSION BY PROVIDING A TRADITIONAL COLLEGE EXPERIENCE WITH A LIBERAL ARTS EDUCATION AND A BROAD RANGE OF MAJORS FOR UNDERGRADUATE STUDENTS. OF THE NEARLY 960 MOSTLY FULL-TIME STUDENTS ENROLLED IN THIS COLLEGE, APPROX. 400 LIVE IN HOUSING OWNED BY THE UNIVERSITY, AND LOCATED ON ITS MAIN CAMPUS LOCATED IN WICHITA, KS. IN ADDITION TO ITS RIGOROUS CURRICULUM AND INCLUSIVE CULTURE, THE COLLEGE IS WIDELY RECOGNIZED FOR ITS EXCELLENCE IN FINE ARTS AND HIGH LEVELS OF PARTICIPATION IN ROBUST ATHLETIC PROGRAMS. 1340466 2166072 Student housing/food service 356722 381737 Postage, print & copy services 0 191154 Bookstore commissions 1697188 2738963 40399474 true true false false false false false true false true true true false true true true true false true false false false false false true false false false true true true false false false false false false true false false false true false false false false false false false false false true X 88 0 true 1324 true true true CJ VQ false false false true true false false false false X 25 24 false false false false false false false true true false true true true true true true false true true true false KS X JULIA CAPPS CONTROLLER 3162955678 2100 W UNIVERSITY AVENUE WICHITA KS 67213 X RODNEY PITTS 10.0 X X 0 0 0 KELLY LINNENS 5.0 X X 0 0 0 CLIFTON LOESCH 5.0 X X 0 0 0 JOHN WEBER 5.0 X X 0 0 0 ELDON ALEXANDER 1.0 X 0 0 0 TJ ARANT 1.0 X 0 0 0 CRAIG BAY 1.0 X 0 0 0 MARILYN BROWN 1.0 X 0 0 0 BRUCE BURNETT 1.0 X 0 0 0 PAM CHAMBERS 1.0 X 0 0 0 DAVE DEPEW 1.0 X 0 0 0 ARDITH DUNN 1.0 X 0 0 0 RICK FITZGERALD 1.0 X 0 0 0 DUANE HANSEN 1.0 X 0 0 0 KEVIN HOPPOCK 1.0 X 0 0 0 DENIS KNIGHT 1.0 X 0 0 0 JOHN LEWIS 1.0 X 0 0 0 SHELLY PRICHARD 1.0 X 0 0 0 ED ROBERTS 1.0 X 0 0 0 DICK RUCKER 1.0 X 0 0 0 MIKE SHOCKLEY 1.0 X 0 0 0 REBECCA TWIETMEYER 1.0 X 0 0 0 PHIL WHITEMAN 1.0 X 0 0 0 MIKE WILSON 1.0 X 0 0 0 BIFF GREEN 45.0 X X 232157 0 51308 RANDY DOERKSEN 45.0 X 145089 0 24795 JOHN YODER 45.0 X 177687 0 13445 HERVEY WRIGHT 45.0 X 161622 0 17078 CAROLE OBERMEYER 45.0 X 128515 0 18015 DIXIE MADDEN 45.0 X 103042 0 21049 EVELYN HUME 45.0 X 106318 0 14829 1054430 0 160519 10 false true false IMA of Kansas PO Box 2992 WICHITA KS 672012992 Insurance/Broker 329911 Armstrong Shank 7450 S Seneca HAYSVILLE KS 67060 ADVERTISING 896249 Sungard Higher Ed 62578 Collection Center CHICAGO IL 606930625 Software Maint. 160950 Ricoh USA PO Box 534777 ATLANTA GA 30353 Print shop mgmt 183949 The Learning House 427 S 4th St Ste 300 LOUISVILLE KY 402023493 Learning mgmt 533629 8 88365 181870 2741844 35780 3012079 TUITION & FEES 611600 38727422 38727422 SALES & SERVICES 900099 261309 261309 AUXILIARY 611710 2738978 2738978 INVESTMENT INCOME - PROGRAM RELATED 900099 6512 6512 41734221 924785 924785 0 33486 33486 41461 49177 -7716 -7716 13780 -21496 7221218 0 6895531 49535 325687 -49535 276152 276152 0 88365 33554 -33554 -33554 0 0 MISCELLANEOUS REVENUE 900099 78704 78704 VENDING REVENUE 900099 30938 30938 CHANNEL LEASE REVENUE 900099 33000 33000 142642 46082095 41812925 13780 1243311 0 9128681 9128681 0 0 1036666 174373 666818 195475 0 16672241 15443178 765244 463819 641016 542482 65604 32930 2261149 1999066 180660 81423 1404478 1253902 101586 48990 0 56240 56240 56910 56910 0 0 209181 209181 1590542 1351445 168327 70770 1007663 919174 22935 65554 1441941 1277621 36270 128050 1022760 805052 217708 0 2036800 2030636 4717 1447 803344 715024 26898 61422 0 48821 43434 3034 2353 692483 39192 653291 0 2435821 2192239 243582 239572 120073 119499 STUDENT BOARD PLAN 703368 703368 PUBLICATIONS & SUBSCRIPTIONS 242605 237119 3664 1822 ITEMS FOR RE-SALE 217893 217893 STUDENT FEES 853267 853267 673253 352255 311015 9983 45476695 40399474 3913183 1164038 6166 6024 7029834 7640976 0 0 7226000 7543000 0 0 0 0 0 0 0 0 0 0 81051323 26091323 55981000 54960000 36130000 33513000 13905000 13005000 0 0 0 0 8299000 8197000 128577000 124865000 2666000 2344000 0 0 2595000 2692000 16777000 16040000 0 0 0 0 0 0 0 0 3870000 3424000 25908000 24500000 X 64039000 63372000 5952000 3536000 32678000 33457000 102669000 100365000 128577000 124865000 X 605400 -2909400 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 328800 X X false 41686000 1909000 -1310000 1221000 770000 40294000 38141000 269000 5306000 1204000 826000 41686000 35616000 1475000 3247000 1387000 810000 38141000 44385000 1357000 -7887000 1295000 944000 35616000 0.29722 0.67606 0.02673 false false 2261474 2261474 58650456 14403265 44247191 14555860 8740878 5814982 5583533 2947180 2636353 54960000 13005000 F 13005000 CASH SURRENDER VALUE LIFE INS. 299000 FUNDS HELD BY TRUSTEE 500000 ART 328800 OTHER ASSETS 596200 INTEREST IN PERPETUAL TRUST 5859000 MINERAL INTERESTS 614000 8197000 0 ANNUITIES PAYABLE 303000 FEDERAL PORTION-PERKINS FUND 2124000 DEPOSITS 0 OBLIG. UNDER CAPITAL LEASE 563000 OTHER LIABILITIES 434000 3424000 46082095 45476695 605400 -2907538 -1862 -2909400 -2304000 33958000 -2907538 82731 -2824807 36782807 170081 9129207 9299288 46082095 36262000 84067 84067 36177933 170081 9128681 9298762 45476695 CHANGE IN NET ASSET RECONCILIATION PART XI, LINE 8 ROUNDING (1,862) REVENUE RECONCILIATION PART XII, LINE 2D SPECIAL EVENT EXP/SUBTRACTION FROM REVENUE 33,554 RENTAL EXPENSES PRESENTED AS SUBTRACTION FROM REV. 49,177 ------- 82,731 PART XII, LINE 4B SCHOLARSHIPS 9,128,681 ROUNDING 526 --------- 9,129,207 EXPENSE RECONCILIATION PART XIII, LINE 2D SPECIAL EVENT EXP/SUBRACTION FROM REVENUE 33,554 RENTAL EXPENSES SUBTRACTED FROM REVENUE 49,177 ROUNDING 1,336 -------- 84,067 PART XIII, LINE 4B SCHOLARSHIPS RECLASSIFIED TO EXPENSES 9,128,681 ART COLLECTION PART III, LINE 4 The Bloomfield art collection was gifted to the University many years ago. The small exhibit consists of 15th and 16th century art. It is not reflected on the financial statements as a collection because it is considered immaterial. This art collection is reflected in the Plant fund other assets. The value is $328,800. Pieces from the collection are periodically displayed in the Riney Fine Arts building art gallery/lobby. ENDOWMENT FUNDS PART V, QUESTION 4 ENDOWMENT FUNDS ARE USED TO UNDERWRITE STUDENT SCHOLARSHIPS AND INSTITUTIONAL OPERATIONS AS DESIGNATED BY DONORS. FIN 48 (ASC 740) FOOTNOTE PART X, LINE 2 The University is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and a similar provision of state law. The University annually evaluates tax positions taken with regard to unrelated business income, related deductions applied, or other activities that may jeopardize its tax exempt status and thus would meet the definition of an uncertain tax position. The University recognizes the financial statement benefit of a tax position only after determining the relevant tax authority would more likely than not sustain the position following an audit. The University has concluded that there are no uncertain tax positions taken that would require recognition of a liability or disclosure in the financial statements. The University is generally no longer subject to U.S. federal and state income tax examinations by taxing authorities for fiscal years before 2009. true true true true true true true false false false false false false false false true false true NONDISCRIMINATORY POLICY SCHEDULE E, PART I, QUESTION 3 THE UNIVERSITY'S NON-DISCRIMINATION STATEMENT APPEARS ON ALL PRINT ADVERTISEMENTS, INCLUDING NEWSPAPER, MAGAZINE ADS, CHAMBER ADS AND DIRECTORIES, DIRECT MAIL, BROCHURES, COLLATERAL, FLYERS, LANDING PAGES AND E-MAIL ADVERTISING. THE NON-DISCRIMINATION STATEMENT READS "FRIENDS UNIVERSITY DOES NOT DISCRIMINATE AGAINST ACADEMICALLY QUALIFIED STUDENTS OF ANY RACE, COLOR, NATIONAL OR ETHNIC ORIGIN, SEX, AGE, OR WITHOUT REGARD TO DISABILITY." THE NON-DISCRIMINATION STATEMENT IS NOT EXPRESSLY STATED IN OUR RADIO ADS, BILLBOARDS OR WEBSITE BANNER ADS. GOVERNMENT AID OR ASSISTANCE PART II, LINE 6A We receive pass-thru financial aid from Pell, SEOG, Perkins, and Direct Lending. This aid is received and disbursed to the student account to defer tuition, fees, housing and other charges. Excess aid is refunded to the student. TELETHON 88365 88365 33554 0 88365 88365 33554 33554 -33554 true ACADEMIC SCHOLARSHIPS 784 3522903 ATHLETIC SCHOLARSHIPS 422 1537590 INSTITUTIONAL ENDOWED SCHOLARSHIPS 120 216180 INSTITUTIONAL FINE ARTS SCHOLARSHIPS 345 1031575 INSTITUTIONAL GRANTS 350 707290 INSTITUTIONAL RESTRICTED SCHOLARSHIPS 43 56478 OTHER INSTITUTIONAL SCHOLARSHIPS/WAIVERS 595 1993430 GENERAL INFORMATION ON GRANTS AND ASSISTANCE SCHEDULE I, PART I, LINE 2 THE USE OF GRANT FUNDS ARE MONITORED BY THE UNIVERSITY THROUGH THE PRACTICE OF DIRECTLY APPLYING SCHOLARSHIP FUNDS TO THE STUDENT ACCOUNT AT THE UNIVERSITY TO OFFSET TUITION AND FEES. X X X true true X X X X X X false false false false false false false false false BIFF GREEN 224510 0 0 0 7647 0 15753 0 35555 0 283465 0 0 0 JOHN YODER 160531 0 0 0 17156 0 10443 0 3002 0 191132 0 0 0 RANDY DOERKSEN 144373 0 0 0 716 0 10433 0 14362 0 169884 0 0 0 HERVEY WRIGHT 141157 0 0 0 20465 0 8720 0 8358 0 178700 0 0 0 HOUSING ALLOWANCE AND HEALTH OR SOCIAL CLUB DUES PART I, QUESTION 1A THE PRESIDENT IS REQUIRED TO LIVE IN THE HOUSE LOCATED ADJACENT TO THE CAMPUS. ONE GOLF CLUB MEMBERSHIP IS INCLUDED IN THE PRESIDENT'S CONTRACT. THE PRESIDENT INDICATES ANY PERSONAL USE FOR TAXATION. COMPANION TRAVEL PART I, QUESTION 1A Companion travel is considered taxable if funded by the university and added to W-2 taxable wages accordingly. KANSAS INDEPENDENT COLLEGE FINANCE AUTHORITY 481233911 48526hwm4 2012-03-13 16040000 REFUND PRIOR '02/'06/'09 BONDS false false false 0 0 16040000 500000 0 0 317623 0 0 15722376 0 0 true false true true false false false 0.00000 0.00000 0.00000 true false false false 0 false 0 false true X TRUSTEE STEPSON OF TRUSTEE 200 SCHOLARSHIP TRUSTEE SONS OF TRUSTEE 14074 SCHOLARSHIPS BOARD OFFICER SON OF BOARD OFFICER 14013 SCHOLARSHIPS BOARD OFFICER DAUGHTER OF BOARD OFFICER 20051 SCHOLARSHIPS BOARD OFFICER DAUGHTER OF BOARD OFFICER 7400 SCHOLARSHIPS GRANTS AND ASSISTANCE TO INTERESTED PERSONS PART III SCHOLARSHIPS GIVEN TO INDIVIDUALS IN PART III OF SCHEDULE L ARE THE SAME SCHOLARSHIPS AVAILABLE TO ALL STUDENTS AND ADHERE TO THE SAME PROCEDURES AND QUALIFICATIONS. X 1 35780 Mkt value 0 false true false CONFLICT OF INTEREST POLICY PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST FORMS ARE PROVIDED FOUR TIMES A YEAR; ONE AT EACH BOARD MEETING AND ONE IN THE SUMMER. A SUMMARY IS COMPILED AND SENT VIA E-MAIL TO THE BOARD CHAIR. THE SUMMARY IS THEN PLACED IN A NOTEBOOK FOR THE NEXT BOARD MEETING FOR REVIEW. THE COMPENSATION AND CONFLICTS COMMITTEE (A SUBCOMMITTEE OF THE AUDIT/FINANCE COMMITTEE) IS RESPONSIBLE FOR MANAGING COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THE COMMITTEE MEETS AT LEAST THREE TIMES A YEAR (MORE FREQUENTLY IF NECESSARY) TO INDEPENDENTLY REVIEW ALL TRANSACTIONS SUBJECT TO THE POLICY. MINUTES FROM THE MEETINGS ARE REVIEWED AND APPROVED BY THE FULL BOARD OF TRUSTEES. ANY PERSONS OF INTEREST ARE REQUIRED TO EXCUSE HIM/HERSELF FROM VOTING ON ALL ISSUES RELATED TO THE CONFLICT. COMPENSATION REVIEW PART VI, SECTION B, LINES 15A AND 15B The compensation and conflicts committee is responsible for reviewing executive compensation and presidential expense accounts. The university annually participates in several nationally recognized compensation surveys with other colleges and universities. Pay for officers/key employees is in alignment with pay at other private universities of similar size and nature. AVAILABILITY OF GOVERNING DOCUMENTS PART VI, SECTION C, LINE 19 THE UNIVERSITY DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990 REVIEW PART VI, SECTION B, LINE 11B THE REVIEW OF THE FORM 990 IS THE CULMINATION OF THE YEAR-END PROCESS. THE FORM 990 IS REVIEWED BY ADMINISTRATIVE PERSONNEL FOR ACCURACY AND COMPLETENESS. THE DATA IS CONSIDERED RELATIVE TO PRIOR YEARS AND CURRENT YEAR FINANCIAL STATEMENTS. ALSO THE AUDIT/FINANCE COMMITTEE OF THE BOARD REVIEW THE FORM 990 BEFORE FILING WITH THE IRS. RECONCILIATION OF NET ASSETS PART XI, LINE 5 UNREALIZED LOSSES (2,907,538) ROUNDING (1,862) ----------- (2,909,400)