TEXAS CHIROPRACTIC COLLEGE FOUNDATION INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- TEXAS CHIROPRACTIC COLLEGE FOUNDATION INC (EIN 76-0196908)
- Tax period
- 2011-09-01 to 2012-08-31
- Filed
- 2013-07-18
- IRS object ID
- 201331999349300223
- 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 C
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-07-18T13:22:21-05:00 | Timestamp |
| Tax Period End Date | 2012-08-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 741699466 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FITTS ROBERTS & CO PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5718 WESTHEIMER SUITE 800 | AddressLine1 |
| City | HOUSTON | City |
| State | TX | State |
| ZIP Code | 77057 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-09-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 760196908 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TEXAS CHIROPRACTIC COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | TEXA | NameControl |
| Phone | 2814871170 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5912 SPENCER HIGHWAY | AddressLine1 |
| City | PASADENA | City |
| State | TX | State |
| ZIP Code | 77505 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BILL QUINN | Name |
| Title | CFO | Title |
| Phone | 7134871170 | Phone |
| Date Signed | 2013-07-18 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROSE KAY PARKER CPA | Name |
| PTIN | P00177405 | PTIN |
| Phone | 7132605230 | Phone |
| Date Prepared | 2013-07-10 | DatePrepared |
| 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 | BILL QUINN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5912 SPENCER HIGHWAY | AddressLine1 |
| City | PASADENA | City |
| State | TX | State |
| ZIP Code | 77505 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 10969448 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.TXCHIRO.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1955 | YearFormation |
| State Legal Domicile | TX | StateLegalDomicile |
| Activity Or Mission Description | TEXAS CHIROPRACTIC COLLEGE (TCC) PROVIDES QUALIFIED STUDENTS A PATIENT-CENTERED EDUCATIONAL PROGRAM LEADING TO THE DOCTOR OF CHIROPRACTIC DEGREE. THE CURRICULUM PROMOTES THE DEVELOPMENT OF THE STUDENT'S ATTITUDES, KNOWLEDGE, AND SKILLS REQUIRED OF A CHIROPRACTOR SERVING THE PUBLIC AS A PRIMARY CARE PHYSICIAN. OPERATING WITHIN THE HIGHEST LEVELS OF PROFESSIONALISM, THE COLLEGE IS ALSO COMMITTED TO SERVING THE NEEDS OF THE STUDENTS, THE PROFESSION AND THE PUBLIC THROUGH LEADERSHIP, SCHOLARSHIP, RESEARCH, PATIENT CARE AND SERVICE ACTIVITIES IN THE FIELD OF CHIROPRACTIC. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 22 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 22 | NbrIndependentVotingMembers |
| Total Nbr Employees | 256 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 282370 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 192894 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 8633153 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 8477686 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 312602 | InvestmentIncomePriorYear |
| Investment Income Current Year | 442125 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 223431 | OtherRevenuePriorYear |
| Other Revenue Current Year | 177220 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 9451556 | TotalRevenuePriorYear |
| Total Revenue Current Year | 9289925 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 109975 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 165972 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 6768603 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 6868606 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 425021 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 4096253 | OtherExpensePriorYear |
| Other Expenses Current Year | 3982683 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 10974831 | TotalExpensesPriorYear |
| Total Expenses Current Year | 11017261 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -1523275 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1727336 | RevenuesLessExpensesCY |
| Total Assets BOY | 18716341 | TotalAssetsBOY |
| Total Assets EOY | 16892356 | TotalAssetsEOY |
| Total Liabilities BOY | 3329116 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 3009163 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 15387225 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 13883193 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TEXAS CHIROPRACTIC COLLEGE (TCC) PROVIDES QUALIFIED STUDENTS A PATIENT-CENTERED EDUCATIONAL PROGRAM LEADING TO THE DOCTOR OF CHIROPRACTIC DEGREE. THE CURRICULUM PROMOTES THE DEVELOPMENT OF THE STUDENT'S ATTITUDES, KNOWLEDGE, AND SKILLS REQUIRED OF A CHIROPRACTOR SERVING THE PUBLIC AS A PRIMARY CARE PHYSICIAN. OPERATING WITHIN THE HIGHEST LEVELS OF PROFESSIONALISM, THE COLLEGE IS ALSO COMMITTED TO SERVING THE NEEDS OF THE STUDENTS, THE PROFESSION AND THE PUBLIC THROUGH LEADERSHIP, SCHOLARSHIP, RESEARCH, PATIENT CARE AND SERVICE ACTIVITIES IN THE FIELD OF CHIROPRACTIC. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 9384871 | Expense |
| Revenue | 8695894 | Revenue |
| Description | PROVIDED POST SECONDARY EDUCATION FOR APPROXIMATELY 400 STUDENTS FOR ENTRY INTO THE CHIROPRACTIC PROFESSION. | Description |
| Total Program Service Expense | 9384871 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | 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 | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | 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 | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| 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 | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 31 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 256 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| 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 | 22 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 22 | 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 | 0 | 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 | 0 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BILL QUINN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2814871170 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5912 SPENCER HIGHWAY | AddressLine1 |
| City | PASADENA | City |
| State | TX | State |
| ZIP Code | 77505 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (28 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| ARMANDO BANOS ALVAREZ MD DC | ||||||
| REGENT | 1.00 | X | 0 | 0 | 0 | |
| MONTE BLUE EDD | ||||||
| REGENT | 1.00 | X | 0 | 0 | 0 | |
| ALFRED C CARTMAN JR DC | ||||||
| REGENT | 1.00 | X | 0 | 0 | 0 | |
| KEN CAUTHORN | ||||||
| REGENT | 1.00 | X | 0 | 0 | 0 | |
| JACK CHRISTIE DC | ||||||
| REGENT/VICE CHAIRMAN | 1.00 | X | 0 | 0 | 0 | |
| JOHN FELKER III DC | ||||||
| REGENT/SECRETARY | 1.00 | X | 0 | 0 | 0 | |
| BRIAN HAWKINS DC | ||||||
| REGENT | 1.00 | X | 0 | 0 | 0 | |
| ANA HERNANDEZ BA JD | ||||||
| REGENT | 1.00 | X | 0 | 0 | 0 | |
| LARRY C JOHNSON | ||||||
| REGENT/TREASURER | 1.00 | X | 0 | 0 | 0 | |
| KURT JUERGENS DC | ||||||
| REGENT | 1.00 | X | 0 | 0 | 0 | |
| DONALD KRIPPENDORF DC | ||||||
| REGENT/CHAIRMAN | 1.00 | X | 0 | 0 | 0 | |
| STEVE MINORS DC | ||||||
| REGENT | 1.00 | X | 0 | 0 | 0 | |
| PAUL RAYMOND DC | ||||||
| REGENT | 1.00 | X | 0 | 0 | 0 | |
| BANG NGUYEN DC | ||||||
| REGENT/AT LARGE | 1.00 | X | 0 | 0 | 0 | |
| JACK FULKMAN III DC | ||||||
| REGENT | 1.00 | X | 0 | 0 | 0 | |
| JOHN GENTILE DC | ||||||
| REGENT | 1.00 | X | 0 | 0 | 0 | |
| M SHAUN HOLT MD | ||||||
| REGENT | 1.00 | X | 0 | 0 | 0 | |
| SHAUN A MCRAE DC BS | ||||||
| REGENT | 1.00 | X | 0 | 0 | 0 | |
| BRAD MCKECHNIE DC | ||||||
| REGENT | 1.00 | X | 0 | 0 | 0 | |
| CHERYL DAWN SCHWAB DC | ||||||
| REGENT | 1.00 | X | 0 | 0 | 0 | |
| L BERT WILLIAMS DC | ||||||
| REGENT | 1.00 | X | 0 | 0 | 0 | |
| JUDGE HOLLY WILLIAMSON | ||||||
| REGENT | 1.00 | X | 0 | 0 | 0 | |
| RICHARD G BRASSARD DC | ||||||
| PRESIDENT-ADMIN CABINET | 40.00 | 256944 | 0 | 17595 | X | |
| STEVE HASLUND PHD | ||||||
| VP ADMIN AFFAIRS | 40.00 | 120011 | 0 | 11316 | X | |
| AL ADAMS DC | ||||||
| VP OF ACADEMICS & PROG DEV | 40.00 | 102182 | 0 | 10214 | X | |
| BILL QUINN | ||||||
| CFO | 40.00 | 93945 | 0 | 9704 | X | |
| FRED ZUKER PHD | ||||||
| VP ENROLLMENT | 40.00 | 114697 | 0 | 10985 | X | |
| CLAY MCDONALD | ||||||
| PROVOST | 40.00 | 187397 | 0 | 15479 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 875176 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 75293 | TotalOtherCompensation |
| Number Individuals GT100 K | 5 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MAINTENANCE OF HOUSTON | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9876 PLANO ROAD | AddressLine1 |
| City | DALLAS | City |
| State | TX | State |
| ZIP Code | 75238 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | JANITORIAL SERVICES | DescriptionOfServices |
| Compensation | 108887 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| Fundraising Events | 33632 | FundraisingEvents |
| Government Grants | 91007 | GovernmentGrants |
| All Other Contributions | 68255 | AllOtherContributions |
| Total Contributions | 192894 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION & FEES | 611600 | 8300099 | 8300099 |
| CLINIC REVENUE | 611710 | 177587 | 177587 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 8477686 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 211262 | TotalRevenueColumn |
| Exclusion | $211,262 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 8729 | TotalRevenueColumn |
| Exclusion | $8,729 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1836025 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1605162 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 230863 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 230863 | TotalRevenueColumn |
| Exclusion | $230,863 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 24644 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 33632 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 74361 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -49717 | TotalRevenueColumn |
| Exclusion | -$49,717 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| CONSULTING REVENUE | 611710 | 140000 | 140000 |
| EXHIBITOR FEES | 611710 | 51191 | 51191 |
| MISCELLANEOUS REVENUE | 611710 | 27017 | 27017 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 218208 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 9289925 | TotalRevenueColumn |
| Related Or Exempt Function Income | 8695894 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $401,137 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 165972 | Total |
| Program Services | 165972 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5667900 | Total |
| Program Services | 4528367 | ProgramServices |
| Management And General | 913765 | ManagementAndGeneral |
| Fundraising | 225768 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 244818 | Total |
| Program Services | 194047 | ProgramServices |
| Management And General | 41789 | ManagementAndGeneral |
| Fundraising | 8982 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 478922 | Total |
| Program Services | 414254 | ProgramServices |
| Management And General | 40903 | ManagementAndGeneral |
| Fundraising | 23765 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 476966 | Total |
| Program Services | 404230 | ProgramServices |
| Management And General | 52431 | ManagementAndGeneral |
| Fundraising | 20305 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 78649 | Total |
| Program Services | 78351 | ProgramServices |
| Management And General | 298 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 63539 | Total |
| Management And General | 63539 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34480 | Total |
| Program Services | 34480 | ProgramServices |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 119826 | Total |
| Program Services | 103663 | ProgramServices |
| Management And General | 10796 | ManagementAndGeneral |
| Fundraising | 5367 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 85573 | Total |
| Program Services | 50097 | ProgramServices |
| Fundraising | 35476 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 236747 | Total |
| Program Services | 214993 | ProgramServices |
| Management And General | 12978 | ManagementAndGeneral |
| Fundraising | 8776 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 426109 | Total |
| Program Services | 426109 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 189064 | Total |
| Program Services | 144727 | ProgramServices |
| Management And General | 40237 | ManagementAndGeneral |
| Fundraising | 4100 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 270636 | Total |
| Program Services | 269273 | ProgramServices |
| Fundraising | 1363 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 112068 | Total |
| Program Services | 112068 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 777262 | Total |
| Program Services | 777262 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 222698 | Total |
| Program Services | 222698 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| EQUIPMENT RENTAL & MAIN | 495878 | 495878 |
| MISCELLANEOUS EXPENSES | 186722 | 186722 |
| LIBRARY EXPENSE | 122729 | 122729 |
| EQUIPMENT | 122379 | 122379 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 438324 | Total |
| Program Services | 316572 | ProgramServices |
| Management And General | 30633 | ManagementAndGeneral |
| Fundraising | 91119 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11017261 | Total |
| Program Services | 9384871 | ProgramServices |
| Management And General | 1207369 | ManagementAndGeneral |
| Fundraising | 425021 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 635 | BOY |
| EOY | 638 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 256738 | BOY |
| EOY | 87187 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 100000 | BOY |
| EOY | 100000 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 226241 | BOY |
| EOY | 218788 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 115971 | BOY |
| EOY | 79583 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 313415 | BOY |
| EOY | 311594 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 21731239 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 11525174 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10438627 | BOY |
| EOY | 10206065 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7201692 | BOY |
| EOY | 5826978 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5000 | BOY |
| EOY | 5000 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 58022 | BOY |
| EOY | 56523 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18716341 | BOY |
| EOY | 16892356 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 772793 | BOY |
| EOY | 711452 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 192964 | BOY |
| EOY | 55634 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2363359 | BOY |
| EOY | 2242077 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3329116 | BOY |
| EOY | 3009163 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14449548 | BOY |
| EOY | 12964243 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 635308 | BOY |
| EOY | 616581 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 302369 | BOY |
| EOY | 302369 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15387225 | BOY |
| EOY | 13883193 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18716341 | BOY |
| EOY | 16892356 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -1727336 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 223304 | 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 Separate | X | FinancialStatementSeparate |
| 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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 1 | DirectContactLegislators |
| Direct Contact Legislators | $9,190 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 1 | OtherActivities |
| Other Activities | $82,713 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 91903 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF LOBBYING ACTIVITIES: | Identifier |
| Return Reference | PART II-B, LINE 1: | ReturnReference |
| Explanation | LEGISLATIVE CONSULTANTS WERE HIRED TO ASSIST IN PASSAGE OF LEGISLATION PERTAINING DIRECTLY TO TEXAS CHIROPRACTIC COLLEGE FND., INC. AND TO TRACK LEGISLATION PERTAINING TO HIGHER EDUCATION IN GENERAL. THE CONSULTANTS WORKED IN CONJUCTION WITH COLLEGE PERSONNEL AND ALUMNI TO MEET WITH SENATORS AND REPRESENTATIVES REGARDING PLACEMENT OF THE COLLEGE WITHIN A STATE UNIVERSITY SYSTEM AND/OR SECURING STATE FUNDS FOR THE COLLEGE. THE LOBBYING COSTS OF $91,903 REPRESENT 0.83% OF THE ORGANIZATION'S TOTAL EXPENSES FOR THE YEAR, AND THEREFORE DID NOT REPRESENT A SUBSTANTIAL PART OF THEIR ACTIVITIES. | Explanation |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7362663 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 701655 | InvestmentEarningsOrLosses |
| Other Expenditures | 2202390 | OtherExpenditures |
| Administrative Expenses | 34470 | AdministrativeExpenses |
| End Of Year Balance | 5827458 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7814213 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 530235 | InvestmentEarningsOrLosses |
| Other Expenditures | 943821 | OtherExpenditures |
| Administrative Expenses | 37964 | AdministrativeExpenses |
| End Of Year Balance | 7362663 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7517470 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 331464 | InvestmentEarningsOrLosses |
| Administrative Expenses | 34721 | AdministrativeExpenses |
| End Of Year Balance | 7814213 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7519159 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 45482 | InvestmentEarningsOrLosses |
| Administrative Expenses | 47171 | AdministrativeExpenses |
| End Of Year Balance | 7517470 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.94680 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.00380 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.04940 | 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 | 85961 | OtherCostOrOtherBasis |
| Book Value | 85961 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 15625144 | OtherCostOrOtherBasis |
| Depreciation | 6458030 | Depreciation |
| Book Value | 9167114 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6020134 | OtherCostOrOtherBasis |
| Depreciation | 5067144 | Depreciation |
| Book Value | 952990 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 10206065 | TotalOfBookValueLandBuildings |
| Total Revenue | 9289925 | TotalRevenue |
| Total Expenses | 11017261 | TotalExpenses |
| Excess Or Deficit For Year | -1727336 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 225314 | NetUnrealizedGLOnInvestments |
| Other | -$2,010 | OtherAmount |
| Total Adjustments | 223304 | TotalAdjustments |
| Excess Or Deficit Per FS | -1504032 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 9589601 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 225314 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 225314 | RevenueNotRptdF990 |
| Revenue Subtotal | 9364287 | RevenueSubtotal |
| Other Revenues Not Included | -74362 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -74362 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 9289925 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 11093633 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 76372 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 76372 | ExpensesNotRptdF990 |
| Expenses Subtotal | 11017261 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 11017261 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | TO ENHANCE THE LONG TERM OPERATION OF THE COLLEGE, PROVIDE FINANCIAL LEVERAGE AND BE USED AS NEEDED AND AS WHEN DIRECTED BY THE BOARD OF REGENTS TO SPEND ON EXPENDITURES SUCH AS, BUT NOT LIMITED TO, OPERATING, PLANT/BUILDING AND RESEARCH. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | NOTE F - FEDERAL TAXES AND UNCERTAIN TAX POSITIONS THE COLLEGE IS A NON-PROFIT AGENCY EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP) PROVIDE DETAILED GUIDANCE FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS. GAAP REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THE COLLEGE BELIEVES THAT ALL SIGNIFICANT TAX POSITIONS UTILIZED BY THE COLLEGE WILL MORE LIKELY THAN NOT BE SUSTAINED UPON EXAMINATION. ACCORDINGLY, THE COLLEGE HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT AUGUST 31, 2011. THE COLLEGE IS SUBJECT TO ROUTINE AUDITS OF THE INTERNAL REVENUE SERVICE. THE COLLEGE BELIEVES IT IS NO LONGER SUBJECT TO AUDITS FOR YEARS PRIOR TO 2008. THE COLLEGE'S POLICY IS TO CLASSIFY INCOME TAX RELATED INTEREST AND PENALTIES IN INTEREST EXPENSE AND OTHER EXPENSE, RESPECTIVELY. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | AUDIT RECLASSES -2,010. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSES INCLUDED ON FINANCIALS AS EXPENSE -74,362. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENTS EXPENSE INCLUDED IN REVENUE ON 990 74,362. AUDIT RECLASSES 2,010. |
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 | 1 | 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 | THE POLICY ON NON-DISCRIMINATION IS STATED IN THE CATALOG. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | THE COLLEGE RECEIVES FEDERAL FINANCIAL ASSISTANCE FROM THE U.S. DEPARTMENT OF EDUCATION. ALL FEDERAL FUNDS RECEIVED ARE AWARDED TO STUDENTS MEETING SPECIFIC CRITERIA AS DESIGNATED BY THE DEPARTMENT OF EDUCATION. THE UNITED STATES DEPARTMENT OF EDUCATION TEMPORARILY SUSPENDED THE COLLEGE'S ABILITY TO DRAW FUNDS ON JULY 15, 1992. THE SUSPENSION WAS DUE TO AN ERRONEOUS FEDERAL CASH MANAGEMENT FORM FILED WITH THE DEPT. THE COLLEGE RESPONDED TO THE INQUIRY ON AUGUST 3, 1992 AND WAS REMOVED FROM TEMPORARY SUSPENSION. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GALA FUNDRAISING | NameOfEvent1 |
| Gross Receipts Event1 | 58276 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 33632 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 24644 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 8500 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 36900 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 9500 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 19461 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 58276 | GrossReceiptsTotal |
| Charitable Contributions Total | 33632 | CharitableContributionsTotal |
| Gross Revenue Total Events | 24644 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 8500 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 36900 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 9500 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 19461 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 74361 | DirectExpenseSummaryEvents |
| Net Income Summary | -49717 | 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 | 64 | NumberOfRecipients |
| Amount Of Cash Grant | 165972 | 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: GRANTS ARE FOR TUITION AND FEES THAT ARE DISBURSED IN THE BUSINESS OFFICE TO THE STUDENTS' ACCOUNTS. THE FINANCIAL AID OFFICE ENSURES THAT THE STUDENTS ARE WITHIN THEIR BUDGET ALLOWANCE. ADDITIONAL GRANTS ARE GIVEN TO PAY FOR BOOKS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RICHARD G BRASSARD DC | |||||||||||||
| 223790 | 0 | 0 | 0 | 33154 | 0 | 17595 | 0 | 0 | 0 | 274539 | 0 | 0 | 0 |
| CLAY MCDONALD | |||||||||||||
| 187397 | 0 | 0 | 0 | 0 | 0 | 15479 | 0 | 0 | 0 | 202876 | 0 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 8B | THE EXECUTIVE COMMITTEE DID NOT ALWAYS PRODUCE MINUTES. | |
| FORM 990, PART VI, SECTION B, LINE 11 | DEPENDING ON WHEN THE FIRST DRAFT IS COMPLETED, THE 990 IS PRESENTED AND DISCUSSED AT THE NEXT AUDIT COMMITTEE OF THE BOARD OF REGENTS MEETING. THE AUDIT COMMITTEE THEN PRESENTS TO THE BOARD OF REGENTS THE FINAL 990 OR REPORTS ON THE STATUS OF THE 990 AND ANY ITEMS NEEDING TO BE DISCUSSED. DEPENDING ON WHEN THE FINAL 990 IS COMPLETED, THE 990 IS EITHER PRESENTED AND DISCUSSED AT THE NEXT AUDIT COMMITTEE MEETING OR EXECUTIVE COMMITTEE OF THE BOARD OF REGENTS FOR APPROVAL AND ACTING ON BEHALF OF THE GOVERNING BODY. THE EXECUTIVE COMMITTEE PRESENTS AND DISCUSSES THE 990 AT THE NEXT BOARD OF REGENTS MEETING AND VOTES ON ACCEPTANCE. | |
| FORM 990, PART VI, SECTION B, LINE 12C | BOARD OF REGENTS MEMBERS MUST ANNUALLY AND INTERMITTENTLY DISCLOSE ANY CONFLICTS OF INTEREST. IF THERE IS A CONFLICT OF INTEREST THE BOARD OF REGENTS DECIDES ON WHAT ACTION TO TAKE. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE AUDITED FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC UNLESS BY COURT ORDER. HOWEVER, FORM 990 CONTAINS COMPLETE FISCAL YEAR FINANCIAL INFORMATION AND IS AVAILABLE UPON REQUEST AND THE GUIDESTAR WEBSITE. THE SUMMARIZED AUDITED FINANCIAL STATEMENT INFORMATION IS REPORTED IN THE ANNUAL REPORT. THE ANNUAL REPORT IS DISTRIBUTED TO FRIENDS OF THE COLLEGE AND IS AVAILABLE UPON REQUEST. FINANCIAL INFORMATION IS ALSO REPORTED TO AND DISCLOSED ON THE US DEPARTMENT OF EDUCATION INTEGRATED POSTSECONDARY EDUCATION DATA SYSTEM (IPEDS). | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED GAINS ON INVESTMENTS: 225,314. AUDIT RECLASSES -2,010. TOTAL TO FORM 990, PART XI, LINE 5: 223,304. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XII: FINANCIAL STATEMENTS & REPORTING | THIS PROCESS HAS NOT CHANGED. | LINE 2C: |
| SCHEDULE D, PART V, ENDOWMENT FUNDS | ENDOWMENT FUNDS PRESENTED ON SCHEDULE D, PART V, INCLUDE UNRESTRICTED, TEMPORARILY RESTRICTED, AND PERMANENTLY RESTRICTED FUNDS AS PER THE AUDIT REPORT. PRIOR YEARS HAVE BEEN REVISED TO REPORT ALL ENDOWMENT FUNDS AS WELL. | ENDOWMENT FUNDS |