2013-11-05T14:00:10-06:00 2013-06-30 CROWE HORWATH LLP 9600 Brownsboro Road Suite 400 Louisville KY 402411122 990 2012-07-01 610444780 SPALDING UNIVERSITY INC SPAL 5025859911 845 South Third Street Louisville KY 402032188 TORI MURDEN MCCLURE 2013-11-05 true Rachel Spurlock P00520729 5023263996 2012 2016-02-24 21:20:13Z TORI MURDEN MCCLURE 845 South Third Street Louisville KY 402032188 52276561 false X WWW.SPALDING.EDU X 1984 KY SPALDING UNIVERSITY IS A CO-EDUCATIONAL, INDEPENDENT INSTITUTION FULLY ACCREDITED BY THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS AS A DOCTORAL LEVEL INSTITUTION. WITH 2,515 STUDENTS, THE UNIVERSITY OFFERS PROGRAMS IN NURSING, OCCUPATIONAL THERAPY, SOCIAL WORK, PSYCHOLOGY, CREATIVE WRITING AND EDUCATION AND OTHERS. 26 26 937 200 0 0 1993507 5371802 34230768 36573534 704316 956548 429751 383284 37358342 43285168 5150068 6646092 0 0 17603670 18367307 0 0 414882 11733447 10990871 34487185 36004270 2871157 7280898 47634945 55174907 17861256 16908509 29773689 38266398 SPALDING UNIVERSITY IS A DIVERSE COMMUNITY OF LEARNERS DEDICATED TO MEETING THE NEEDS OF THE TIMES IN THE TRADITION OF THE SISTERS OF CHARITY OF NAZARETH THROUGH QUALITY UNDERGRADUATE AND GRADUATE LIBERAL AND PROFESSIONAL STUDIES, GROUNDED IN SPIRITUAL VALUES, WITH EMPHASIS ON SERVICE AND THE PROMOTION OF PEACE AND JUSTICE. false false 30342967 6646092 36745834 INSTRUCTION FOR STUDENTS: AS A DOCTORAL LEVEL INSTITUTION WITH 2,515 STUDENTS, THE UNIVERSITY OFFERS DEGREE PROGRAMS IN HUMANITIES, SOCIAL SCIENCE, HEALTH AND NATURAL SCIENCE, EDUCATION, BUSINESS AND COMMUNICATION. THESE INCLUDE PSYCHOLOGY, CREATIVE WRITING, NURSING, OCCUPATIONAL THERAPY, SOCIAL WORK AND ADVANCED TEACHER EDUCATION, AMONG OTHERS. ACADEMIC SUPPORT: ORGANIZED ACTIVITIES RELATED TO EDUCATIONAL DEPARTMENTS AIM TO BOLSTER THE ACADEMIC SUCCESS OF STUDENTS BY MEETING THEIR INDIVIDUAL NEEDS. THESE INCLUDE THE LIBRARY, RESEARCH, AND THE ACADEMIC RESOURCE CENTER (TUTORING AND ADVISING PROGRAMS, THE UNIVERSITY MATH LAB AND THE UNIVERSITY WRITING CENTER, AS WELL AS PROGRAMS FOR AS ENGLISH-LANGUAGE LEARNERS (ELL) AND FIRST-GENERATION COLLEGE STUDENTS). STUDENT SERVICES: A COMPREHENSIVE SUPPORT SYSTEM FOR STUDENTS FROM INITIAL INQUIRY TO GRADUATION. THESE INCLUDE THE OFFICES OF ADMISSION, FINANCIAL AID, REGISTRAR, BURSAR, CAMPUS DEVELOPMENT AND STUDENT LIFE (INCLUDING THE STUDENT GOVERNMENT ASSOCIATION AND STUDENT-RUN CLUBS), ATHLETICS AND ON-CAMPUS EXTRACURRICULAR AND CULTURAL EVENTS. 30342967 true true false false false false true false true true false false false true true true false true false false false false false true true false false true true true false false false false false false false false true false false false false false false true false false false false true 3021 1 true 937 true false false false false false true true false false false false X 26 26 false false false false false false false true true false false true true true true true true true true false KY X Mark Hohmann 5025859911 845 South Third Street Louisville KY 402032188 BETH NIBLOCK 1.00 X X 0 0 0 BRIAN B REYNOLDS 1.00 X X 0 0 0 JON A MEYER 1.00 X X 0 0 0 PAUL RATTERMAN 1.00 X X 0 0 0 ALFONSO N CORNISH 1.00 X 0 0 0 ANDREW G BESHEAR 1.00 X 0 0 0 ANGELA LEET 1.00 X 0 0 0 ANTHONY DISSER 1.00 X 0 0 0 CHRISTE COE 1.00 X 0 0 0 CORDELL LAWRENCE 1.00 X 0 0 0 DANA JACKSON 1.00 X 0 0 0 DAVID KAREM 1.00 X 0 0 0 DEVONE HOLT 1.00 X 0 0 0 JAMES A MORRIS 1.00 X 0 0 0 JAMES RISSLER 1.00 X 0 0 0 JANET GEURIN MULLER 1.00 X 0 0 0 JEFF BRINGARDNER 1.00 X 0 0 0 M SERRA GOETHALS SCN 1.00 X 0 0 0 MARY WOLFORD 1.00 X 0 0 0 NANCY L WARFIELD 1.00 X 0 0 0 NEAL RICHMOND MD 1.00 X 0 0 0 NICHOLAS HARSHFIELD 1.00 X 0 0 0 PAUL CHRISCO 1.00 X 0 0 0 PERRY E SANGALLI ED D 1.00 X 0 0 0 RICK BLACKWELL 1.00 X 0 0 0 ROSE HOWARD SCN 1.00 X 0 0 0 WILLIAM BLODGETT 1.00 X 0 0 0 WILLIAM E SUMMERS V 1.00 X 0 0 0 LEWIS RANDY STRICKLAND 40.00 X 197966 0 24434 MARK P HOHMANN 40.00 X 88571 0 13164 RICK HUDSON 40.00 X 98517 0 29993 TORI M MCCLURE 40.00 X 244193 0 35793 BEVERLY KEEPERS 40.00 X 127516 0 8821 JOANNE BERRYMAN 40.00 X 121054 0 28395 JOHN JAMES PHD 40.00 X 123397 0 25872 LAURA STRICKLAND 40.00 X 120346 0 17288 MICHELLE REISS 40.00 X 122920 0 10711 1244480 0 194471 11 false true false JONES LANG & LASALLE PO BOX 2847 LOUISVILLE KY 40201 MAINTENANCE AND CUSTODIAL 605222 BROWN HOTEL 335 WEST BROADWAY LOUISVILLE KY 40202 HOTEL ROOMS AND CATERING 401048 SECURITAS SECURITY SERVICES PO BOX 403412 ATLANTA GA 303843412 SECURITY SERVICES 350652 ELLUCIAN 4375 FAIR LAKES COURT FAIRFAX VA 22033 COMPUTER SERVICES 219214 PEAK 10 PO BOX 534326 ATLANTA GA 30353 OFF-SITE IT SERVICES 150234 7 30901 1439128 3901773 5108 5371802 TUITION AND FEES 611600 34599243 34599243 RESIDENCE HALL 611600 645413 645413 SPONSORED PROGRAMS 611600 555213 555213 MASTER OF FINE ARTS PROGRAM 611600 227384 227384 ENTECH PROGRAM 611600 196509 196509 349772 349772 0 0 36573534 278532 278532 0 0 0 0 0 9599228 8921212 678016 0 678016 678016 72223 30901 58868 13355 13355 25000 11313 13687 13687 0 FOOD SERVICE 611600 164921 164921 FEES 611600 121704 121704 PARKING 611600 19021 19021 50596 50596 0 0 356242 43285168 36745834 0 1167532 0 6646092 6646092 0 0 752599 127518 625081 134089 134089 14254531 12575615 1391893 287023 696696 581999 97918 16779 1459066 1070009 369653 19404 1070326 919238 129862 21226 0 62304 62304 87700 87700 0 0 57604 57604 957328 681511 266647 9170 417704 417704 2113064 1612426 488245 12393 348139 9443 338696 0 1972369 1948718 19965 3686 453884 403160 21844 28880 0 0 88304 88268 36 0 1302046 1276655 21434 3957 66539 18899 47640 MASTER OF FINE ARTS PROGRAM 535536 535536 MINOR EQUIPMENT 246556 235436 10971 149 BAD DEBT 276906 276906 PROFESSIONAL DEVELOPMENT 204341 167132 28008 9201 1800547 1122585 674984 2978 36004270 30342967 5246421 414882 0 4311666 13440552 959326 484992 502371 658066 0 0 1808438 1742018 676612 538577 44058839 19707252 19767094 24351587 18444152 12956027 0 0 0 0 1165286 1003088 47634945 55174907 941115 1283072 1590577 1291053 11485000 10750000 0 3844564 3584384 17861256 16908509 X 18070914 25156465 4045354 5250143 7657421 7859790 29773689 38266398 47634945 55174907 X 7280898 528662 683149 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 36705 X false 11365992 176952 1414551 12957495 11517346 50071 -201425 11365992 0 11517346 11517346 0 0 0 0.09500 0.30000 0.60500 false false 2519170 2519170 27323255 8316435 19006820 0 13139586 10906975 2232611 1076828 483842 592986 24351587 0 ACCRUED FAIR VALUE OF INTEREST RATE SWAP AGREEMENT 1310283 CAPITAL LEASES 24990 OTHER LONG TERM LIABILITIES 3341 REFUNDABLE GOVERNMENT LOANS 1392066 ASSET RETIREMENT OBLIGATION 853704 3584384 X Collections of art - description of collections Schedule D, Part III, Line 4 THE COLLECTION FURTHERS STUDENT EXPERIENCE AND LEARNING BY EXPOSING UNDERGRADUATE AND GRADUATE STUDENT TO VARIOUS WORKS OF ART. Intended uses of endowment funds Schedule D, Part V, Line 4 THE PURPOSE OF THE UNIVERSITY'S ENDOWMENT IS TO PROVIDE FUNDING FOR THE SCHOLARSHIP PROGRAMS AND OTHER RESTRICTED PURPOSES WITH THE GOAL OF SUPPORTING THE MISSION OF SPALDING UNIVERSITY. FOR THE QUASI ENDOWMENT IT IS TO PROVIDE A SAFETY NET FOR THE UNIVERSITY AND ITS USE IS BOARD DESIGNATED. FIN 48 (ASC 740) footnote Schedule D, Part X, Line 2 THE UNIVERSITY IS A NOT-FOR-PROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE TO BE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PRESCRIBE RECOGNITION THRESHOLDS AND MEASUREMENT ATTRIBUTES FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TAX BENEFITS OR LIABILITIES WILL BE RECOGNIZED ONLY IF THE TAX POSITION WOULD "MORE-LIKELY-THAN-NOT" BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED WILL BE THE LARGEST AMOUNT OF TAX BENEFIT OR LIABILITY THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT OR LIABILITY WILL BE RECORDED. MANAGEMENT HAS CONCLUDED THAT THEY ARE UNAWARE OF ANY TAX BENEFITS OR LIABILITIES TO BE RECOGNIZED AT JUNE 30, 2013 AND 2012 AND DOES NOT EXPECT THIS TO CHANGE IN THE NEXT 12 MONTHS. THE UNIVERSITY WOULD RECOGNIZE INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS IN INTEREST AND INCOME TAX EXPENSE, RESPECTIVELY. THE UNIVERSITY DOES NOT HAVE AMOUNTS ACCRUED FOR INTEREST OR PENALTIES AS OF JUNE 30, 2013 AND 2012. THE UNIVERSITY IS NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR THE YEARS BEFORE JUNE 30, 2010. true true true true true true true false false false false false false false false true false true Racially nondiscriminatory policy Schedule E, Part I, Line 3 SPALDING UNIVERSITY ADMITS ALL QUALIFIED STUDENTS REGARDLESS OF RACE, CREED, NATIONAL ORIGIN, SEX OR AGE. IT DOES NOT DISCRIMINATE AGAINST ANY OTHERWISE QUALIFIED STUDENT, APPLICANT, PARTICIPANT, EMPLOYEE OR BENEFICIARY ON THE BASIS OF HANDICAP. (STATEMENTS COMPARABLE TO THIS APPEAR IN THE LOCAL NEWSPAPER AND IN THE UNIVERSITY'S RECRUITMENT PUBLICATIONS.) Financial aid or assistance from a governmental agency Schedule E, Part I, Line 6a THE UNIVERSITY RECEIVES FEDERAL STUDENT FINANCIAL AID ASSISTANCE FROM THE DEPARTMENT OF EDUCATION AND DHHS. BRACKETOLOGY 103124 30901 72223 7078 20495 20004 11291 0 0 0 0 0 103124 30901 72223 0 7078 20495 20004 0 11291 58868 13355 25000 11313 true 1 25000 0 11313 0 0 11313 13687 KY true false false false 0 1 LISA BASH-DEFRIES 845 SOUTH 3RD STREET LOUISVILLE KY 40203 false ROGER BURKMAN 938 SEE SCHEDULE G PART IV X false DESCRIPTION OF SERVICES PROVIDED SCHEDULE G, PART III, LINE 16 ESTIMATED TIME 25 HOURS PER YEAR. COORDINATION OF RAFFLE, INCLUDING ARRANGING FOR VOLUNTEER SALESPEOPLE OF RAFFLE AND COMPLIANCE WITH FEDERAL AND STATE GAMING REQUIREMENTS. true SFA NEED BASED 465 2109701 SFA MERIT BASED 332 1854824 SFA 55,000 DEGREES 269 1235818 GRADUATE ASSISTANT/SCHOLARSHIPS 178 492954 ENDOWED/RESTRICTED AID 139 297324 OTHER 220 655471 Procedures for monitoring use of grant funds Schedule I, Part I, Line 2 ALL ASSISTANCE THAT IS PROVIDED THROUGH THE UNIVERSITY TO STUDENTS IS DESIGNATED FOR TUITION, FEES, BOOKS, AND OTHER DIRECT EDUCATIONAL COSTS. THE FINANCIAL AID OFFICE AND BUSINESS OFFICE OF THE UNIVERSITY MONITORS AND CONTROLS DISBURSEMENT OF ALL ASSISTANCE. X X X false false false false false false false false false LEWIS RANDY STRICKLAND 196356 0 0 0 1610 0 14608 0 9826 0 222400 0 0 0 TORI M MCCLURE 242932 0 0 0 1261 0 18750 0 17043 0 279986 0 0 0 A LOUISVILLE JEFFERSON COUNTY METRO GOVERNMENT 320049006 2010-06-30 12860000 REISSUANCE OF 2008 BONDS false false false A 2110000 0 12860000 0 0 0 0 0 0 0 12860000 0 2010 true false true true A false false false false false false 0.0000 0.0000 0.0000 false false 0.000000 false true A false false false false true false 0.0 false false false 0.0 false false true A true YEAR OF SUBSTANTIAL COMPLETION SCHEDULE K, PART II, LINE 13 THE BOND WAS A REISSUANCE OF A 2008 BOND AND THE PROJECT THE ORIGINAL BOND WAS USED FOR WAS COMPLETED IN 2008. DR LAURA STRICKLAND SPOUSE OF OFFICER DR. L. RANDY STRICKLAND 134089 COMPENSATION false Review of form 990 by governing body Form 990, Part VI, Section B, Line 11b IT IS SPALDING UNIVERSITY'S POLICY THAT THE AUDIT COMMITTEE WILL BE RESPONSIBLE FOR THE INTERNAL REVIEW OF THE INTERNAL REVENUE SERVICE FORM 990 THAT IS TO BE FILED ON BEHALF OF SPALDING UNIVERSITY. UPON APPROVAL OF THE AUDIT COMMITTEE, THE FORM 990 SHALL BE PRESENTED TO THE BOARD OF TRUSTEES FOR THEIR REVIEW. AFTER DISTRIBUTION TO THE FULL BOARD OF TRUSTEES, THE AUDIT COMMITTEE CHAIR WILL APPROVE THE FILING OF THE FORM 990 WITH THE IRS. THE BOARD OF TRUSTEES IS RELYING ON THE UNIVERSITY'S STAFF, THE AUDIT COMMITTEE AND INDEPENDENT ACCOUNTANTS TO COMPLETE AND EXAMINE THE FORM 990. A BOARD RESOLUTION IS NOT REQUIRED IN ORDER FOR THE FORM 990 TO BE FILED. Conflict of interest policy Form 990, Part VI, Section B, Line 12c INDIVIDUALS ARE ASKED TO RE-AFFIRM THE POLICY EACH YEAR. THE POLICY IS REVIEWED AND NEW BOARD MEMBERS SIGN FORMS WHEN THEY JOIN THE BOARD. THE RESPONSIBILITY OF AVOIDING AND MANAGING CONFLICTS OF INTEREST BEGINS WITH THE BOARD OF TRUSTEES AND INCLUDES ALL COVERED PERSONS. DISCLOSURE IS REQUIRED OF RELATIONSHIPS AND BUSINESS AFFILIATIONS THAT REASONABLY COULD GIVE RISE TO CONFLICTS OF INTEREST INVOLVING THE UNIVERSITY. THE DISCLOSURE FORM SHALL BE FURNISHED ANNUALLY TO REPORT AND KEEP CURRENT POTENTIAL CONFLICT AREAS. WHENEVER CHANGES OCCUR, DISCLOSURES ARE TO BE UPDATED IN WRITING AS SOON AS POSSIBLE. WHENEVER POSSIBLE, COVERED PERSONS SHOULD DISCLOSE EXPECTED CHANGES OR NEWLY ANTICIPATED CONFLICTS AT LEAST THIRTY (30) DAYS BEFORE THEY OCCUR. THE DISCLOSURES SHALL BE REVIEWED BY THE REVIEWER, A SUBCOMMITTEE OF THE GOVERNANCE COMMITTEE OF THE BOARD OF TRUSTEES OR ITS DESIGNATE, AND AN INITIAL DETERMINATION ON WHETHER A CONFLICT EXISTS WILL BE MADE AFTER A REVIEW OF ALL THE MATERIAL FACTS. IF THE REVIEWER DETERMINES THAT NO CONFLICT EXISTS, THAT DETERMINATION WILL BE MADE IN WRITING AND PRESENTED TO THE FULL GOVERNANCE COMMITTEE AT ITS NEXT REGULARLY SCHEDULED MEETING FOR FINAL REVIEW AND DETERMINATION. IF THE REVIEWER DETERMINES THERE IS A CONFLICT, THE REVIEWER SHALL INFORM THE COVERED PERSON AND INDICATE THAT THE MATTER IS BEING REFERRED TO THE GOVERNANCE COMMITTEE WHOSE DECISION SHALL BE FINAL UNLESS THE MATTER IS FURTHER REFERRED TO THE FULL BOARD OF TRUSTEES, IN WHICH EVENT THE BOARD'S DECISION SHALL BE FINAL. THE GOVERNANCE COMMITTEE OR BOARD OF TRUSTEES (AS APPLICABLE) MAY AUTHORIZE OR APPROVE THE CONFLICTING INTEREST TRANSACTION UNDER PROCEDURES AND CRITERIA AS SPECIFIED UNDER APPLICABLE KENTUCKY STATUTE. TRUSTEES AND COMMITTEE MEMBERS WHO HAVE A CONFLICT OF INTEREST IN ANY MATTER MAY PARTICIPATE IN THE DISCUSSION OF THE MATTER AFTER DISCLOSING ANY CONFLICT OF INTEREST, BUT SHALL REFRAIN FROM VOTING ON THE MATTER. Process used to establish compensation of top management official Form 990, Part VI, Section B, Line 15a THE BOARD OF TRUSTEES REVIEWS AND DETERMINES THE COMPENSATION OF THE UNIVERSITY PRESIDENT USING CUPA SALARY SCALE AND OTHER RELEVANT ECONOMIC AND INDUSTRY DATA. DOCUMENTATION OF DELIBERATIONS WERE RETAINED BY THE EXECUTIVE COMMITTEE IN MEETINGS NOTES. PROCESS WAS LAST CONDUCTED IN JUNE 2013, AS PART OF A FIVE-YEAR CONTRACT. Process used to establish compensation of other officers/key employees Form 990, Part VI, Section B, Line 15b THE UNIVERSITY PRESIDENT, PROVOST AND HUMAN RESOURCES MANAGER REVIEW AND DETERMINE THE COMPENSATION OF THE OTHER OFFICERS AND KEY EMPLOYEES USING CUPA SALARY SCALES AND OTHER RELEVANT ECONOMIC AND INDUSTRY DATA. DOCUMENTATION OF DELIBERATIONS WERE RETAINED IN EACH RELEVANT MEETING'S NOTES. PROCESS WAS LAST CONDUCTED IN JUNE 2013. Governing documents, conflict of interest policy and financial statements available to the public Form 990, Part VI, Section C, Line 19 FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. Other changes in net assets or fund balances Form 990 , Part XI, Line 9 CHANGE IN VALUE OF SWAP - 547593; CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS - 135556; CHARITABLE REMAINDER TRUST (1) INVESTMENTS KY NA TRUST 0 false false false false false false false false false false false false false false false false false false false false