WELCH COLLEGE: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- WELCH COLLEGE (EIN 62-0481463)
- Tax period
- 2011-06-01 to 2012-05-31
- Filed
- 2013-01-11
- IRS object ID
- 201340119349300809
- Schema version
- 2011v1.2
- 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 I
- Schedule L
- Schedule O
- Schedule R
- Reasonable Cause Explanation
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-01-11T08:01:53-07:00 | Timestamp |
| Tax Period End Date | 2012-05-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 621378491 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Hill Harper & Associates | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O Box 680788 | AddressLine1 |
| City | Franklin | City |
| State | TN | State |
| ZIP Code | 37068 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-06-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 620481463 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Free Will Baptist Bible College | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | FREE | NameControl |
| Phone | 6158445000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3606 WEST END AVENUE | AddressLine1 |
| City | NASHVILLE | City |
| State | TN | State |
| ZIP Code | 37205 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Craig Mahler | Name |
| Title | V P for Financial Affairs | Title |
| Phone | 6158445230 | Phone |
| Date Signed | 2013-01-11 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Terry Hill | Name |
| PTIN | P01434819 | PTIN |
| Phone | 6154177414 | Phone |
| Date Prepared | 2013-01-11 | DatePrepared |
| Self Employed | X | SelfEmployed |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | J Matthew Pinson | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3606 West End Avenue | AddressLine1 |
| City | Nashville | City |
| State | TN | State |
| ZIP Code | 37205 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 7046743 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | FWBBC.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1942 | YearFormation |
| State Legal Domicile | TN | StateLegalDomicile |
| Activity Or Mission Description | CHRISTIAN HIGHER EDUCATIONAL INSTITUTION SERVING APPROXIMATELY 225 STUDENTS | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 297 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1590848 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1871012 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 4057992 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 3949715 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 248848 | InvestmentIncomePriorYear |
| Investment Income Current Year | 826166 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 28284 | OtherRevenuePriorYear |
| Other Revenue Current Year | 234949 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 5925972 | TotalRevenuePriorYear |
| Total Revenue Current Year | 6881842 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 871703 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1009520 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2712322 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2858690 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 7910 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 10300 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 470084 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2239245 | OtherExpensePriorYear |
| Other Expenses Current Year | 2309827 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 5831180 | TotalExpensesPriorYear |
| Total Expenses Current Year | 6188337 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 94792 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 693505 | RevenuesLessExpensesCY |
| Total Assets BOY | 13222063 | TotalAssetsBOY |
| Total Assets EOY | 13829336 | TotalAssetsEOY |
| Total Liabilities BOY | 6054992 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 6705533 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 7167071 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 7123803 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE MISSION OF FREE WILL BAPTIST BIBLE COLLEGE IS TO EDUCATE LEADERS TO SERVE CHRIST, HIS CHURCH, AND HIS WORLD THROUGH BIBLICAL THOUGHT AND LIFE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 3752776 | Expense |
| Grants | 1009520 | Grants |
| Revenue | 3949715 | Revenue |
| Description | Institution of higher education which serves approximately 225 students | Description |
| Total Of Other Program Service Exp | 0 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 0 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 0 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 3752776 | 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 | 1 | 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 | 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 | 0 | 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 | 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 | 1 | 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 | 1 | 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 |
| Info In Schedule O Part V | X | InfoInScheduleOPartV |
| Number Forms Transmitted With1096 | 13 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 297 | 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 | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 9 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | 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 | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Craig Mahler | NamePerson |
| Telephone Number | 6158445292 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3606 WEST END AVENUE | AddressLine1 |
| City | NASHVILLE | City |
| State | TN | State |
| ZIP Code | 37205 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (15 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 |
|---|---|---|---|---|---|---|---|
| REV TERRY PIERCE | |||||||
| CHAIRMAN | 1 | X | 0 | 0 | 0 | ||
| REV KEN SIMPSON | |||||||
| VICE CHAIRMAN | 1 | X | 0 | 0 | 0 | ||
| REV MARK STRIPLING | |||||||
| SECRETARY | 1 | X | 0 | 0 | 0 | ||
| REV BILLY HANNA | |||||||
| BOARD OF TRUSTEE MEMBER | 1 | X | 0 | 0 | 0 | ||
| A C ALLEN | |||||||
| BOARD OF TRUSTEE MEMBER | 1 | X | 0 | 0 | 0 | ||
| MIKE ARMSTRONG | |||||||
| BOARD OF TRUSTEE MEMBER | 1 | X | 0 | 0 | 0 | ||
| REV RUSTY RUSSELL | |||||||
| BOARD OF TRUSTEE MEMBER | 1 | X | 0 | 0 | 0 | ||
| JEFF CRABTREE | |||||||
| BOARD OF TRUSTEE MEMBER | 1 | X | 0 | 0 | 0 | ||
| SHILOH HACKETT | |||||||
| BOARD OF TRUSTEE MEMBER | 1 | X | 0 | 0 | 0 | ||
| J MATTHEW PINSON | |||||||
| PRESIDENT | 40 | 69541 | 0 | 0 | X | X | |
| CRAIG MAHLER | |||||||
| V P FOR FINANCIAL AFFAIRS as of January 1, 2012 | 40 | 41571 | 0 | 0 | X | ||
| GREG KETTEMAN | |||||||
| PROVOST | 40 | 52661 | 0 | 0 | X | ||
| JON FORLINES | |||||||
| V P FOR STUDENT AFFAIRS | 40 | 41483 | 0 | 0 | X | ||
| DAVID WILLIFORD | |||||||
| V P FOR INSTITUTIONAL ADVANCEMENT | 40 | 50995 | 0 | 0 | X | ||
| THOMAS A SASS | |||||||
| FORMER V P FOR FINANCIAL AFFAIRS - Retired Dec 2012 | 40 | 51014 | 0 | 0 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 307265 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Federated Campaigns | 0 | FederatedCampaigns |
| Membership Dues | 0 | MembershipDues |
| Fundraising Events | 0 | FundraisingEvents |
| Related Organizations | 0 | RelatedOrganizations |
| Government Grants | 24458 | GovernmentGrants |
| All Other Contributions | 1846554 | AllOtherContributions |
| Noncash Contributions | 0 | NoncashContributions |
| Total Contributions | 1871012 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|---|
| Tuition and fees | 900099 | 3029322 | 3029322 | 0 | $0 |
| Dormitories | 900099 | 390047 | 390047 | 0 | $0 |
| Dining hall | 900099 | 508093 | 508093 | 0 | $0 |
| Bookstore and snackshop | 900099 | 22253 | 22253 | 0 | $0 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 3949715 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 62567 | TotalRevenueColumn |
| Related Or Exempt Function Income | 62567 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 88881 | Securities |
| Other | 839619 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 32546 | Securities |
| Other | 132355 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 56335 | Securities |
| Other | 707264 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 763599 | TotalRevenueColumn |
| Related Or Exempt Function Income | 763599 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrbtns Rprtd Fundraising Events | 0 | CntrbtnsRprtdFundraisingEvents |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Recover of previously written off loan to former board member | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 200000 | TotalRevenueColumn |
| Related Or Exempt Function Income | 200000 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 34949 | TotalRevenueColumn |
| Related Or Exempt Function Income | 34949 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 234949 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6881842 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5010830 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | X | InfoInScheduleOPartIX |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1009520 | Total |
| Program Services | 1009520 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 307265 | Total |
| Program Services | 94144 | ProgramServices |
| Management And General | 162126 | ManagementAndGeneral |
| Fundraising | 50995 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1952395 | Total |
| Program Services | 1403132 | ProgramServices |
| Management And General | 405161 | ManagementAndGeneral |
| Fundraising | 144102 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 599030 | Total |
| Program Services | 402545 | ProgramServices |
| Management And General | 152573 | ManagementAndGeneral |
| Fundraising | 43912 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26000 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 26000 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Fundraising | 0 | Fundraising |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10300 | Total |
| Fundraising | 10300 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 75248 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 75248 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 53168 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 53168 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 344535 | Total |
| Program Services | 178402 | ProgramServices |
| Management And General | 82336 | ManagementAndGeneral |
| Fundraising | 83797 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26178 | Total |
| Program Services | 22488 | ProgramServices |
| Management And General | 3690 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 296330 | Total |
| Program Services | 138212 | ProgramServices |
| Management And General | 158118 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 201117 | Total |
| Program Services | 57990 | ProgramServices |
| Management And General | 62335 | ManagementAndGeneral |
| Fundraising | 80792 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17324 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 17324 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 162185 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 162185 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 230210 | Total |
| Program Services | 156844 | ProgramServices |
| Management And General | 68753 | ManagementAndGeneral |
| Fundraising | 4613 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 57829 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 57829 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Caferia catering, fuel and groceries | 254933 | 254933 | 0 | 0 |
| Intercollegiate athletics | 114583 | 0 | 114583 | 0 |
| Bad Debts | 110211 | 0 | 110211 | 0 |
| Maintenance expense and campus grounds | 103831 | 0 | 103831 | 0 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 236145 | Total |
| Program Services | 34566 | ProgramServices |
| Management And General | 150006 | ManagementAndGeneral |
| Fundraising | 51573 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6188337 | Total |
| Program Services | 3752776 | ProgramServices |
| Management And General | 1965477 | ManagementAndGeneral |
| Fundraising | 470084 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 511098 | BOY |
| EOY | 1171427 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 677562 | BOY |
| EOY | 565977 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 141607 | BOY |
| EOY | 352612 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 200495 | BOY |
| EOY | 184324 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 219520 | BOY |
| EOY | 460368 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 14630383 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 4897028 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10024714 | BOY |
| EOY | 9733355 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 310575 | BOY |
| EOY | 213481 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1136492 | BOY |
| EOY | 1147792 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13222063 | BOY |
| EOY | 13829336 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 69702 | BOY |
| EOY | 126174 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3832050 | BOY |
| EOY | 3460598 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 143506 | BOY |
| EOY | 138061 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2009734 | BOY |
| EOY | 2980700 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6054992 | BOY |
| EOY | 6705533 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4920317 | BOY |
| EOY | 4767240 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 628751 | BOY |
| EOY | 590571 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1618003 | BOY |
| EOY | 1765992 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7167071 | BOY |
| EOY | 7123803 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13222063 | BOY |
| EOY | 13829336 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 693505 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -736773 | ReconcilationOtherChanges |
| 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 D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1344698 | BeginningOfYearBalance |
| Contributions | 155479 | Contributions |
| Investment Earnings Or Losses | -77224 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 53943 | GrantsOrScholarships |
| Other Expenditures | 0 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 1369010 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1151289 | BeginningOfYearBalance |
| Contributions | 32589 | Contributions |
| Investment Earnings Or Losses | 214763 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 53943 | GrantsOrScholarships |
| Other Expenditures | 0 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 1344698 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 968379 | BeginningOfYearBalance |
| Contributions | 43935 | Contributions |
| Investment Earnings Or Losses | 151170 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 12195 | GrantsOrScholarships |
| Other Expenditures | 0 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 1151289 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1088903 | BeginningOfYearBalance |
| Contributions | 91625 | Contributions |
| Investment Earnings Or Losses | -212149 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 0 | GrantsOrScholarships |
| Other Expenditures | 0 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 968379 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 1 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 1 | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | 1 | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 30000 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 5520605 | OtherCostOrOtherBasis |
| Book Value | 5550605 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 4946974 | OtherCostOrOtherBasis |
| Depreciation | 2543196 | Depreciation |
| Book Value | 2403778 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 2976969 | OtherCostOrOtherBasis |
| Depreciation | 2353832 | Depreciation |
| Book Value | 623137 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 1155835 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 1155835 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 9733355 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Funds invested by FWB Foundation | Description |
| Book Value | 1147792 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 1147792 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (5 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Excess pension liability | $1,941,521 |
| Asset retirement obligation | $261,375 |
| Line of credit payable | $500,000 |
| Student deposits and agency funds | $166,362 |
| Accrued compensation | $111,442 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2980700 | TotalOfAmounts |
| Total Revenue | 6881842 | TotalRevenue |
| Total Expenses | 6188337 | TotalExpenses |
| Excess Or Deficit For Year | 693505 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -170811 | NetUnrealizedGLOnInvestments |
| Donated Services And Facilities | 0 | DonatedServicesAndFacilities |
| Investment Expenses | 0 | InvestmentExpenses |
| Prior Period Adjustments | 0 | PriorPeriodAdjustments |
| Other | -$509,627 | OtherAmount |
| Total Adjustments | -680438 | TotalAdjustments |
| Excess Or Deficit Per FS | 13067 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 4934683 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -194646 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 0 | DonatedSrvcAndUseOfFacilities |
| Recoveries Of Prior Year Grants | 0 | RecoveriesOfPriorYearGrants |
| Other Revenues | 0 | OtherRevenues |
| Revenue Not Rptd F990 | -194646 | RevenueNotRptdF990 |
| Revenue Subtotal | 5129329 | RevenueSubtotal |
| Investment Expenses Not Included | 0 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 1752513 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 1752513 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 6881842 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 5143088 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 0 | DonatedServicesUseOfFacilities |
| Prior Year Adjustments | 0 | PriorYearAdjustments |
| Losses Reported | 0 | LossesReported |
| Other Expenses Included | 0 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 5143088 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 0 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 1045249 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 1045249 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 6188337 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchD_P05_S00_L04 | Schedule D, Part V, Line 4 | Endowment funds are held in pertetuity and the income used for donor restricted purposes to the extent of a percent of earnings levied at the Board of Trustees direction either for unrestricted purposes or to be awarded to students in the form of scholarships based on elibilitily requirements which were established by the donor trust document. |
| SchD_P10_S00_L02 | Schedule D, Part X, Line 2 | The College is exempt from income taxes under Internal Revenue Code Section 501(c)(3); accordingly, no provision for income taxes has been made in the accompanying financial statements. There is no unrelated business income tax for 2012 and 2011. Management has determined that the College has no activities that would lead to income tax liabilities, further all activities generating revenue are in furtherance of the College's tax exempt purpose. |
| SchD_P11_S00_L08 | Schedule D, Part XI, Line 8 | Additional loss in acturial value of net assets of pension fund. |
| SchD_P12_S00_L04b | Schedule D, Part XII, Line 4b | Scholarships and allowances of $1,009,520 included as expense in Form 990 and netted to revenues in financial statements; expenses of permanently restricted loan funds included as expense in Form 990 and netted to revenues in financial statements; and gains on sales of real property of $707,264 reported as change in net assets on financial statements and as revenue in Form 990. |
| SchD_P13_S00_L04b | Schedule D, Part XIII, Line 4b | Scholarships and allowances of $1,009,520 included as expense in Form 990 and netted to revenues in financial statements; and expenses of permanently restricted loan funds included as expense in Form 990 and netted to revenues in financial statements. |
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 | 0 | 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 |
|---|---|---|
| SchE_P01_S00_L03 | Schedule E, Part I, Line 3 | The College does not serve a localized community but a denomination constitutency. While on occasion advertisements regarding our non-discriminatory policy have appeared in local newpapers, this has not been done annually. Our catolog, which is the basis for communicating school policies to our true constituency of prospective students in the denomination (and others who inquire), always contains notice of our non-discriminatory policy. |
| SchE_P01_S00_L06 | Schedule E, Part I, Line 6 | The institution receives aid for students in the form of Pell grants, Work study funds, Supplemental Educational Opportunity Grant Funds, and Federal Family Educational Loans. These funds are awarded to students based on federal eligibility requirements. |
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 to eligible students who meet the criteria of th College and / or the trust instruments which established the scholarship fund | TypeOfGrant |
| Number Of Recipients | 318 | NumberOfRecipients |
| Amount Of Cash Grant | 1009520 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
| Method Of Valuation | Cash payments or credits against charges | MethodOfValuation |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchI_P01_S00_L02 | Identifier |
| Return Reference | Schedule I, Part I, Line 2 | ReturnReference |
| Explanation | Scholarships to eligible students who meet the criteria of the College and / or the trust instruments which established the scholarship fund. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Bob Bass | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | Former member of the Board of Trustees | Relationship |
| Amount Of Transaction | 58048 | AmountOfTransaction |
| Description Of Transaction | Provided consulting engineering services related to potential relocation of campus | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| F990_P05_S00_L07g | Form 990, Part V, Line 7g | This answer should be NA - no such transaction occured. |
| F990_P05_S00_L07h | Form 990, Part V, Line 7h | This answer should be NA - no such transaction occured. |
| F990_P06_S0A_L02 | Form 990, Part VI, Section A, Line 2 | The College does not prohibit hiring of employee's spouses. A spouse of an officer or other key employee is and has been employed. |
| F990_P06_S0B_L11b | Form 990, Part VI, Section B, Line 11b | The return is submitted to members of the Board by email for approval prior to filing. |
| F990_P06_S0B_L12c | Form 990, Part VI, Section B, Line 12c | Annually each member of the Board of Trustees is required to disclose holdings in order to monitor a potential conflict of interest. |
| F990_P06_S0B_L15 | Form 990, Part VI, Section B, Line 15 | All salaries of officers are approved by the Board of Trustess annually. |
| F990_P06_S0C_L19 | Form 990, Part VI, Section C, Line 19 | Upon written request the College makes its governing documents, conflict of interest policy and financial statements available. Further, the College's financial statements are presented annually to the FWB National convention. Form 990 is available on the Guidestar website. |
| F990_P09_S00_L11g | Form 990, Part IX, Line 11g | This category includes consulting fees, relating to potential relocation, paid to formed member of the Board of Trustees in the amount of $58,048 which has been previously disclosed in Schedule O. |
| F990_P11_S00_L05 | Form 990, Part XI, Line 5 | Additional loss in pension fund values - assets compared to actuarial liabilities. The College is in process of seeking approval to terminate the penison plan. This additional loss amounted to $509,627. Unrealized loss in investments amounted to $227,146. For a total charge to net assets of $736,773. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA |
|---|---|---|---|---|---|---|---|---|---|
| National Assoc of Free Will Baptists Inc | |||||||||
| 5233 Mt View Rd | Antioch | TN | 37013 | 581542098 | Coordinates Annual Convention, Produces One Magazine | TN | 170 (b)(1)(A)(l) | Yes | N/A |
| Free Will Baptist Foundation | |||||||||
| 5233 Mt View Road | Antioch | TN | 37013 | 621172550 | Holds and invests certain College funds; and is holder of mortgage on College properties | TN | 170 (B)(1)(A)(l) | Yes | N/A |
| Randall House Publications of Natl Assoc of FWB | |||||||||
| 114 Bush Road | Nashville | TN | 37217 | 620676318 | Publishing house of Free Will Baptists | TN | 170 (B)(1)(A)(l) | yes | N/A |
| 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 | 1 | 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 | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Appropriate request for extension were filed. | Explanation |
Comments