ST FRANCIS COLLEGE: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- ST FRANCIS COLLEGE (EIN 11-1635105)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-02
- IRS object ID
- 201231239349301353
- Schema version
- 2010v3.7
- 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 F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-02T17:26:02-05:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 666 THIRD AVENUE | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 100174011 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 111635105 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | St Francis College | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | STFR | NameControl |
| Phone | 7184895364 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 180 Remsen Street | AddressLine1 |
| City | Brooklyn | City |
| State | NY | State |
| ZIP Code | 11201 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JUNE MCGRISKEN | Name |
| Title | VP OF FIANNCE&ADMIN | Title |
| Date Signed | 2012-05-02 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2125990100 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Brendan Dugan | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 180 Remsen Street | AddressLine1 |
| City | Brooklyn | City |
| State | NY | State |
| ZIP Code | 11201 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 60297301 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.SFC.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1957 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | St. Francis College is an independent, coeducational institution of higher education chartered by an act of the regents of the University of the state of New York on April 10, 1957. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 25 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 25 | NbrIndependentVotingMembers |
| Total Nbr Employees | 495 | TotalNbrEmployees |
| Total Nbr Volunteers | 25 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3612606 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 5436806 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 40320768 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 44283879 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1041152 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1391667 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1259869 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1760117 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 46234395 | TotalRevenuePriorYear |
| Total Revenue Current Year | 52872469 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 11089406 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 12056888 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 20696308 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 21576000 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1351565 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 17633912 | OtherExpensePriorYear |
| Other Expenses Current Year | 18498008 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 49419626 | TotalExpensesPriorYear |
| Total Expenses Current Year | 52130896 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -3185231 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 741573 | RevenuesLessExpensesCY |
| Total Assets BOY | 112172720 | TotalAssetsBOY |
| Total Assets EOY | 146913687 | TotalAssetsEOY |
| Total Liabilities BOY | 26755604 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 51650780 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 85417116 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 95262907 | NetAssetsOrFundBalancesEOY |
| Mission Description | ST. FRANCIS COLLEGE IS AN INDEPENDENT, COEDUCATIONAL INSTITUTION OF HIGHER EDUCATION CHARTERED BY AN ACT OF THE REGENTS OF THE UNIVERSITY OF THE STATE OF NEW YORK ON APRIL 10, 1957. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 15874774 | Expense |
| Revenue | 43895249 | Revenue |
| Description | INSTRUCTIONAL - THE COLLEGE PROVIDES DIRECT SERVICES through its faculty TO APPROXIMATELY 2,400 FULL AND 400 PART TIME STUDENTS LEADING primarily TO BACCALAUREATE AND ASSOCIATE DEGREES. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 14262294 | Expense |
| Revenue | 388630 | Revenue |
| Description | ACADEMIC SUPPORT - PROVIDES FUNDING FOR SUPPORT SERVICES TO THE INSTRUCTIONAL DEPARTMENTS, academic ENHANCEMENT AND STUDENT ORIENTATION SERVICES, HONORS PROGRAMS, AND THE LIBRARY. STUDENT SERVICES - PROVIDES FUNDING FOR THE OFFICES OF ADMISSIONS, REGISTRAR, AND OTHER STUDENT RELATED SUPPORT SERVICES AND ACTIVITIES TO ENSURE STUDENT'S EMOTIONAL AND PHYSICAL WELL-BEING AND DEVELOPMENT OUTSIDE THE FORMAL INSTRUCTIONAL PROGRAM. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 12056888 | Expense |
| Grants | 12056888 | Grants |
| Description | STUDENT AID AND OTHER - FUNDING FOR SCHOLARSHIPS, GRANTS, AND OTHER FINANCIAL AID. THE COLLEGE awards federal and state grants and/or loans based upon financIAL need. College FUNDED INSTITUTIONAL AND ENDOWED GRANTS/SCHOLARSHIPS ARE AWARDED BASED UPON FINANCIAL NEED AND ACADEMIC MERIT. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 42193956 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | true | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | true | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 3740 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 495 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 25 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 25 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JOHN RAGNO AVP FOR FINANCE | NamePerson |
| Telephone Number | 7184895364 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 180 REMSEN STREET | AddressLine1 |
| City | BROOKLYN | City |
| State | NY | State |
| ZIP Code | 11201 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (37 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 | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| HECTOR BATISTA | ||||||||
| TRUSTEE | 0.5 | X | 0 | 0 | 0 | |||
| BROTHER WILLIAM BOSLET | ||||||||
| TRUSTEE | 0.5 | X | 0 | 0 | 0 | |||
| CAROLYN CALLAHAN | ||||||||
| TRUSTEE | 0.5 | X | 0 | 0 | 0 | |||
| BROTHER LEONARD CONWAY | ||||||||
| TRUSTEE | 0.5 | X | 0 | 0 | 0 | |||
| ORVILLE DALE | ||||||||
| TRUSTEE | 0.5 | X | 0 | 0 | 0 | |||
| Brother Michel Bettigole | ||||||||
| TRUSTEE | 0.5 | X | 0 | 0 | 0 | |||
| VINCENT DEGIAIMO | ||||||||
| TRUSTEE | 0.5 | X | 0 | 0 | 0 | |||
| BARBARA G KOSTER | ||||||||
| TRUSTEE | 0.5 | X | 0 | 0 | 0 | |||
| JESUS LINARES | ||||||||
| TRUSTEE | 0.5 | X | 0 | 0 | 0 | |||
| J CHRISTOPHER MANGAN | ||||||||
| TRUSTEE | 0.5 | X | 0 | 0 | 0 | |||
| LAWRENCE A MARSIELLO | ||||||||
| TRUSTEE | 0.5 | X | 0 | 0 | 0 | |||
| GINO P MENCHINI | ||||||||
| TRUSTEE | 0.5 | X | 0 | 0 | 0 | |||
| DENIS SALAMONE | ||||||||
| TRUSTEE | 0.5 | X | 0 | 0 | 0 | |||
| BROTHER KEVIN SMITH OSF | ||||||||
| TRUSTEE | 0.5 | X | 0 | 0 | 0 | |||
| JOHN F TULLY | ||||||||
| TRUSTEE | 0.5 | X | 0 | 0 | 0 | |||
| CHARLES E WILLIAMS III | ||||||||
| TRUSTEE | 0.5 | X | 0 | 0 | 0 | |||
| SUSAN HUFF | ||||||||
| TRUSTEE | 0.5 | X | 0 | 0 | 0 | |||
| LESLIE JACOBSON | ||||||||
| TRUSTEE | 0.5 | X | 0 | 0 | 0 | |||
| GERARD KEEGAN | ||||||||
| TRUSTEE | 0.5 | X | 0 | 0 | 0 | |||
| VICTOR J MASI | ||||||||
| TRUSTEE | 0.5 | X | 0 | 0 | 0 | |||
| William Dawson | ||||||||
| trustee | 0.5 | X | 0 | 0 | 0 | |||
| Edward N Constantino | ||||||||
| TRUSTEE | 0.5 | X | 0 | 0 | 0 | |||
| Mary Beth Dawson | ||||||||
| TRUSTEE | 0.5 | X | 0 | 0 | 0 | |||
| Sister Marilyn Trowbridge | ||||||||
| TRUSTEE | 0.5 | X | 0 | 0 | 0 | |||
| Luis Diaz | ||||||||
| TRUSTEE | 0.5 | X | 0 | 0 | 0 | |||
| JUNE MCGRISKEN | ||||||||
| VP FINANCE & ADMINISTRATION | 40.0 | 189160 | 0 | 28915 | X | |||
| TIMOTHY HOULIHAN | ||||||||
| VP ACADEMIC AFFAIRS | 40.0 | 186888 | 0 | 30398 | X | |||
| LINDA WERBEL DASHEFSKY | ||||||||
| VP GOVERNMENT RELATIONS | 40.0 | 123314 | 0 | 36766 | X | |||
| GUY CARLSEN | ||||||||
| CHIEF INFORMATION OFFICER | 40.0 | 144962 | 0 | 21825 | X | |||
| BRENDAN DUGAN | ||||||||
| President | 40.0 | 329918 | 0 | 35327 | X | |||
| Thomas Flood | ||||||||
| VP of Development | 40.0 | 182903 | 0 | 16531 | X | |||
| DRFRANK MACCHIAROLA | ||||||||
| CHANCELLOR | 40.0 | 192776 | 0 | 29100 | X | |||
| ALLEN BURDOWSKI | ||||||||
| ASSOCIATE DEAN | 40.0 | 166537 | 0 | 19650 | X | |||
| KEVIN O'ROURKE | ||||||||
| ASST. VP OF FACILITIES | 40.0 | 144677 | 0 | 40691 | X | |||
| DR GEOFFREY HORLICK | ||||||||
| PROFESSOR OF ACCOUNTING | 40.0 | 141955 | 0 | 37598 | X | |||
| Steven Catalano | ||||||||
| Director of Institutional Rese | 40.0 | 139797 | 0 | 19620 | X | |||
| STEPHEN BOGART | ||||||||
| Former Executive VP | 40.0 | 212352 | 0 | 40179 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2155239 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 356600 | TotalOtherCompensation |
| Number Individuals GT100 K | 25 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| ISS facility Services | |||||
| PO Box 118 | NEW CASTLE | PA | 16103 | cleaning | 719752 |
| StructureTone Inc | |||||
| 770 Broadway | NEW YORK | NY | 10003 | Construction | 5187635 |
| Wilkins Media Inc | |||||
| 8010 Roswell Road Suite 1610 | NEW YORK | NY | 10019 | Advertising | 602734 |
| AKF | |||||
| 1501 Broadway Suite 700 | NEW YORK | NY | 10036 | Engineering | 515282 |
| ThyssenKrupp Elevator | |||||
| PO Box 933004 | ATLANTA | GA | 31193 | Elevator | 532960 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 18 | NumberOfContractorsGT100K |
| Government Grants | 1240365 | GovernmentGrants |
| All Other Contributions | 4196441 | AllOtherContributions |
| Noncash Contributions | 288635 | NoncashContributions |
| Total Contributions | 5436806 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| STUDENT TUITION AND FEES | 611710 | 43895249 | 43895249 |
| ATHLETIC RELATED INCOME | 611710 | 388630 | 388630 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 44283879 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 929260 | TotalRevenueColumn |
| Exclusion | $929,260 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 92889 | TotalRevenueColumn |
| Exclusion | $92,889 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 983431 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 983431 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 983431 | TotalRevenueColumn |
| Exclusion | $983,431 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 7404116 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 7034598 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 369518 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 369518 | TotalRevenueColumn |
| Exclusion | $369,518 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 1014502 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 390234 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 624268 | TotalRevenueColumn |
| Exclusion | $624,268 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| VENDOR COMMISSIONS | 721000 | 110114 | $110,114 |
| MISCELLANEOUS | 900099 | 42304 | $42,304 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 152418 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 52872469 | TotalRevenueColumn |
| Related Or Exempt Function Income | 44283879 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $3,151,784 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12056888 | Total |
| Program Services | 12056888 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2155239 | Total |
| Program Services | 495380 | ProgramServices |
| Management And General | 1284180 | ManagementAndGeneral |
| Fundraising | 375679 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14718037 | Total |
| Program Services | 12112883 | ProgramServices |
| Management And General | 2234026 | ManagementAndGeneral |
| Fundraising | 371128 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1353421 | Total |
| Program Services | 1011320 | ProgramServices |
| Management And General | 282199 | ManagementAndGeneral |
| Fundraising | 59902 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2059490 | Total |
| Program Services | 1538918 | ProgramServices |
| Management And General | 429419 | ManagementAndGeneral |
| Fundraising | 91153 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1289813 | Total |
| Program Services | 963790 | ProgramServices |
| Management And General | 268936 | ManagementAndGeneral |
| Fundraising | 57087 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 168257 | Total |
| Program Services | 144701 | ProgramServices |
| Management And General | 23556 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 184278 | Total |
| Program Services | 60023 | ProgramServices |
| Management And General | 124255 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 228000 | Total |
| Management And General | 228000 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 642349 | Total |
| Program Services | 218173 | ProgramServices |
| Management And General | 232432 | ManagementAndGeneral |
| Fundraising | 191744 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1386826 | Total |
| Program Services | 459110 | ProgramServices |
| Management And General | 927716 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 882228 | Total |
| Program Services | 595927 | ProgramServices |
| Management And General | 241991 | ManagementAndGeneral |
| Fundraising | 44310 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1303713 | Total |
| Program Services | 1198636 | ProgramServices |
| Management And General | 105076 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3268802 | Total |
| Program Services | 2808551 | ProgramServices |
| Management And General | 362278 | ManagementAndGeneral |
| Fundraising | 97973 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 94960 | Total |
| Program Services | 62395 | ProgramServices |
| Management And General | 28410 | ManagementAndGeneral |
| Fundraising | 4155 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 229464 | Total |
| Program Services | 137638 | ProgramServices |
| Management And General | 74302 | ManagementAndGeneral |
| Fundraising | 17524 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 830689 | Total |
| Program Services | 830689 | ProgramServices |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2931000 | Total |
| Program Services | 2521743 | ProgramServices |
| Management And General | 409257 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| BAD DEBT EXPENSE | 1042677 | 896702 | 145975 | |
| ATHLETIC SUPPLIES & GAME MGT | 672945 | 672945 | ||
| STUDENT ASSISTANTS | 546196 | 320406 | 199335 | 26455 |
| SPECIAL EVENTS & STUDENT GOV | 468781 | 135321 | 333460 | |
| CAPITAL PROJECT EXPENSES | 371677 | 371677 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3245166 | Total |
| Program Services | 2580140 | ProgramServices |
| Management And General | 650571 | ManagementAndGeneral |
| Fundraising | 14455 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 52130896 | Total |
| Program Services | 42193956 | ProgramServices |
| Management And General | 8585374 | ManagementAndGeneral |
| Fundraising | 1351565 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 709459 | BOY |
| EOY | 1492414 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1459132 | BOY |
| EOY | 558249 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1443451 | BOY |
| EOY | 1209417 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 683722 | BOY |
| EOY | 660014 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 473852 | BOY |
| EOY | 961403 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 84547562 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 31726155 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 46070310 | BOY |
| EOY | 52821407 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35017689 | BOY |
| EOY | 43693553 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24559386 | BOY |
| EOY | 23670467 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1755719 | BOY |
| EOY | 21846763 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 112172720 | BOY |
| EOY | 146913687 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4365227 | BOY |
| EOY | 5198190 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5962200 | BOY |
| EOY | 5372876 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15106603 | BOY |
| EOY | 39500548 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1321574 | BOY |
| EOY | 1579166 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26755604 | BOY |
| EOY | 51650780 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 72037694 | BOY |
| EOY | 80388381 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3448593 | BOY |
| EOY | 4800472 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9930829 | BOY |
| EOY | 10074054 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 85417116 | BOY |
| EOY | 95262907 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 112172720 | BOY |
| EOY | 146913687 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 741573 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 9104218 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | 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) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbying | |
| Total Direct Lobbying | TotalDirectLobbying | |
| Total Lobbying Expenditures | TotalLobbyingExpenditures | |
| Other Exempt Purpose Expenditures | OtherExemptPurposeExpenditures | |
| Total Exempt Purpose Expenditures | TotalExemptPurposeExpenditures | |
| Lobbying Nontaxable | LobbyingNontaxableAmount | |
| Grassroots Nontaxable | GrassrootsNontaxableAmount | |
| Tot Lobbying Grassroot Minus Non Tx | TotLobbyingGrassrootMinusNonTx | |
| Tot Lobby Expend Mns Lobbying Nontx | TotLobbyExpendMnsLobbyingNontx | |
| Volunteers | false | Volunteers |
| Paid Staff Or Management | false | PaidStaffOrManagement |
| Media Advertisements | false | MediaAdvertisements |
| Mailings Members | false | MailingsMembers |
| Publications Or Broadcast | true | PublicationsOrBroadcast |
| Publications Or Broadcast | $228,000 | PublicationsOrBroadcastAmount |
| Grants Other Organizations | false | GrantsOtherOrganizations |
| Direct Contact Legislators | false | DirectContactLegislators |
| Rallies Demonstrations | false | RalliesDemonstrations |
| Other Activities | false | OtherActivities |
| Total Lobbying Expenditures IIB | 228000 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | false | NotDescribedIn501c3 |
| Form4720 Filed4912 Tax | false | Form4720Filed4912Tax |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Description of Lobbying Activities | Identifier |
| Return Reference | Part II-B | ReturnReference |
| Explanation | The College hires consultants to provide advice, strategic planning, and program implementation on various projects and issues. Additionally, on behalf of the College the consultant attends and performs various presentations before elected officials, public hearings and government administrators. | Explanation |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts |
Held Works Of Art Amts HeldWorksOfArtAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets In Part X | 200205 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Preservation | X | CollectUsedForPreservation |
Collection Used For Other CollectionUsedForOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used For Other Purposes | X | CollectionUsedForOtherPurposes |
| Description Of Other Purposes | CURRENTLY HELD IN STORAGE | DescriptionOfOtherPurposes |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 38712995 | BeginningOfYearBalance |
| Contributions | 894064 | Contributions |
| Investment Earnings Or Losses | 10421703 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 576418 | GrantsOrScholarships |
| Other Expenditures | 3216870 | OtherExpenditures |
| End Of Year Balance | 46235474 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 36504579 | BeginningOfYearBalance |
| Contributions | 612456 | Contributions |
| Investment Earnings Or Losses | 5840293 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 938891 | GrantsOrScholarships |
| Other Expenditures | 3305442 | OtherExpenditures |
| End Of Year Balance | 38712995 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 51641131 | BeginningOfYearBalance |
| Contributions | 1536421 | Contributions |
| Investment Earnings Or Losses | -11815952 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1408206 | GrantsOrScholarships |
| Other Expenditures | 3448815 | OtherExpenditures |
| End Of Year Balance | 36504579 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.69000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.22000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.09000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 105640 | OtherCostOrOtherBasis |
| Book Value | 105640 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 68987797 | OtherCostOrOtherBasis |
| Depreciation | 28215221 | Depreciation |
| Book Value | 40772576 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5009926 | OtherCostOrOtherBasis |
| Depreciation | 3510934 | Depreciation |
| Book Value | 1498992 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10444199 | OtherCostOrOtherBasis |
| Book Value | 10444199 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 52821407 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (4 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| PRIVATE EQUITY FUND | 2256808 | F |
| ABSOLUTE RETURN HEDGE FUND | 7546199 | F |
| FUND OF FUNDS HEDGE FUNDS | 10481263 | F |
| PRIVATE REAL ESTATE FUND | 3386197 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 23670467 | TotalOfBookValueSecurities |
Other Assets OtherAssets (4 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| FUNDS HELD BY TRUSTEE | 20655116 |
| 3RD PARTY RECEIVABLES | 1099330 |
| INTEREST INCOME RECEIVABLE | 36979 |
| CASH RESTRICTED FOR LOAN PROG. | 55338 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 21846763 | TotalBookValueOtherAssets |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| REFUNDABLE LOAN PROGRAM | $609,918 |
| DEFERRED STUDENT PAYMENTS/DEPOSITS | $497,249 |
| ACCRUED INTEREST PAYABLE | $471,999 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1579166 | TotalOfAmounts |
| Total Revenue | 52872469 | TotalRevenue |
| Total Expenses | 52130896 | TotalExpenses |
| Excess Or Deficit For Year | 741573 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 9154570 | NetUnrealizedGLOnInvestments |
| Investment Expenses | -50352 | InvestmentExpenses |
| Total Adjustments | 9104218 | TotalAdjustments |
| Excess Or Deficit Per FS | 9845791 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 49919799 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 9154570 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 9154570 | RevenueNotRptdF990 |
| Revenue Subtotal | 40765229 | RevenueSubtotal |
| Investment Expenses Not Included | 50352 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 12056888 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 12107240 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 52872469 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 40023656 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 40023656 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 50352 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 12056888 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 12107240 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 52130896 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Art Collections | Part III, Line 4 | The College possesses a Collection of Central American Art which is held in storage. |
| Endowment | part V, line 4 | Certain endowment funds are used to provide scholarships to students in accordance with donor specifications. In addition, the Board of Trustees approved a spending rate of 6% to support the operations of the college. The actual spending rate was 5.3%. |
| FIN 48 | Part X | On July 1, 2007, the College adopted the provisions of FASB Interpretation No. 48 ("FIN 48"), "Accounting for Uncertainty in Income Taxes." FIN 48 requires that a tax position be recognized or derecognized based on a "more likely than not" threshold. This applies to positions taken or expected to be taken in a tax return. During 2009, the College evaluated its tax positions and concluded that it does not have any uncertain tax positions that meet the criteria under FIN 48. Accordingly, implementation of FIN 48 did not have any impact on the College's accompanying financial statements. |
| Reconciliation | Parts XII Line 4B and XIII Line 4b | The amounts represent scholarships and awards that are net on the financial statements. reconciliation of revenue per audited financial statements with revenue per return: Part XII - Other, Listed on line 4b represents college scholarships and government sponsored assistance. reconciliation of expense per audited financial statements with expense per return: Part XIII - Other, listed on line 4b represents college scholarships and government sponsored assistance. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Description , Line 3 | The College publicizes its racially non-discriminatory policy on its website. |
| Description Line 6A | Financial Assistance is provided to our students by the U.S. Department of Education through the federally funded campus based programs - Federal Supplemental Educational Opportunity Grant(FSEOG), Federal Work Study (FWS), Smart Grant, Academic Competitor Grant, and the Federal Perkins Loan Program. |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Central America and the Caribbean | Region |
| Type Of Activities Conducted | Investments | TypeOfActivitiesConducted |
| Total Expenditures | 20203051 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Amount Spent | 20203051 | SubtotalAmountSpent |
| Total Amount Spent | 20203051 | TotalAmountSpent |
| Transfer To Foreign Corp | false | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | false | OwnForeignCorp |
| Passive Foreign Invest Co | false | PassiveForeignInvestCo |
| Foreign Partnership | false | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Schedule G IRS990ScheduleG
Fundraiser Activity Information FundraiserActivityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Individual | Charter Dinner | NameOfIndividual |
| Fundraiser Control Of Funds | false | FundraiserControlOfFunds |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Charter Dinner | NameOfEvent1 |
| Gross Receipts Event1 | 423244 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 423244 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 78881 | RentFacilityCostsEvent1 |
| Entertainment Event1 | 1500 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 44277 | OtherDirectExpensesEvent1 |
| Name Of Event2 | Reunion Dinner | NameOfEvent2 |
| Gross Receipts Event2 | 72015 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 72015 | GrossRevenueEvent2 |
| Food And Beverage Event2 | 29318 | FoodAndBeverageEvent2 |
| Other Direct Expenses Event2 | 28918 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 2 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 519243 | GrossReceiptsOtherEvents |
| Gross Revenue Other Events | 519243 | GrossRevenueOtherEvents |
| Rent Facility Costs Other Events | 82825 | RentFacilityCostsOtherEvents |
| Other Direct Expenses Other Events | 124515 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 1014502 | GrossReceiptsTotal |
| Gross Revenue Total Events | 1014502 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 161706 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 29318 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 1500 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 197710 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 390234 | DirectExpenseSummaryEvents |
| Net Income Summary | 624268 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (5 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation |
|---|---|---|---|
| SUPPLEMENTAL EQUAL OPPORTUNITY GRANT | 354 | 220158 | FMV |
| FEDERAL WORK STUDY PROGRAM | 100 | 144734 | FMV |
| ACADEMIC COMPETITOR GRANT | 120 | 100575 | FMV |
| SMART GRANT | 23 | 52000 | FMV |
| COLLEGE FUNDED SCHOLARSHIPS | 1407 | 11539421 | FMV |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART 1, LINE #2 | Identifier |
| Explanation | THE COLLEGE AWARDS FEDERAL AND STATE GRANTS BASED UPON FINANCIAL NEED. COLLEGY FUNDED INSTITUTIONAL AND ENDOWED GRANTS/SCHOLARSHIPS ARE AWARDED BASED UPON FINANCIAL NEED AND ACADEMIC MERIT. THE COLLEGE MONITORS THESE GRANTS AND AWARDS BY SEMESTER TO VERIFY THAT RECIPIENTS ARE MAINTAINinG THE MINIMUM STANDARDS REQUIRED TO RECEIVE THE GRANT OR AWARD. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (12 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 | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg |
|---|---|---|---|---|---|---|---|---|---|---|---|
| STEPHEN BOGART | |||||||||||
| 212352 | 0 | 0 | 0 | 0 | 0 | 25450 | 14729 | 252531 | 0 | 0 | |
| JUNE MCGRISKEN | |||||||||||
| 189160 | 0 | 0 | 0 | 0 | 0 | 22899 | 6016 | 218075 | 0 | 0 | 0 |
| TIMOTHY HOULIHAN | |||||||||||
| 186888 | 0 | 0 | 0 | 0 | 0 | 22899 | 7499 | 217286 | 0 | 0 | 0 |
| LINDA WERBEL DASHEFSKY | |||||||||||
| 123314 | 0 | 0 | 0 | 0 | 0 | 15237 | 21529 | 160080 | 0 | 0 | 0 |
| DRFRANK MACCHIAROLA | |||||||||||
| 192776 | 0 | 0 | 0 | 0 | 0 | 21448 | 7652 | 221876 | 0 | 0 | 0 |
| ALLEN BURDOWSKI | |||||||||||
| 166537 | 0 | 0 | 0 | 0 | 0 | 17193 | 2457 | 186187 | 0 | 0 | 0 |
| KEVIN O'ROURKE | |||||||||||
| 144677 | 0 | 0 | 0 | 0 | 0 | 17783 | 22908 | 185368 | 0 | 0 | 0 |
| DR GEOFFREY HORLICK | |||||||||||
| 141955 | 0 | 0 | 0 | 0 | 0 | 16983 | 20615 | 179553 | 0 | 0 | 0 |
| GUY CARLSEN | |||||||||||
| 144962 | 0 | 0 | 0 | 0 | 0 | 17027 | 4798 | 166787 | 0 | 0 | 0 |
| BRENDAN DUGAN | |||||||||||
| 329918 | 0 | 0 | 0 | 0 | 0 | 30960 | 4367 | 365245 | 0 | 0 | 0 |
| Steven Catalano | |||||||||||
| 139797 | 0 | 0 | 0 | 0 | 0 | 15220 | 4400 | 159417 | 0 | 0 | 0 |
| Thomas Flood | |||||||||||
| 182903 | 0 | 0 | 0 | 0 | 0 | 0 | 16531 | 199434 | 0 | 0 | 0 |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (4 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| New York City Industrial Development Agency | |||||||
| 132906040 | 64971C3K8 | 2004-11-01 | 360000 | New Building construction | false | true | false |
| New York City Industrial Development Agency | |||||||
| 132906040 | 64971C3L6 | 2004-11-01 | 370000 | New Building construction | false | true | false |
| New York City Industrial Development Agency | |||||||
| 132906040 | 64971C3M4 | 2004-11-01 | 385000 | New Building construction | false | true | false |
| New York City Industrial Development Agency | |||||||
| 132906040 | 64971C3N2 | 2004-11-01 | 400000 | New Building construction | false | true | false |
Form990 Schedule K Part II Form990ScheduleKPartII (4 entries)
| Total ProceedsTotalProceeds | Capital ExpendituresCapitalExpenditures | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|
| 360000 | 360000 | false | false | true | true |
| 370000 | 370000 | false | false | true | true |
| 385000 | 385000 | false | false | true | true |
| 400000 | 400000 | false | false | true | true |
Form990 Schedule K Part III Form990ScheduleKPartIII (4 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|
| false | false | false | false | false | true |
| false | false | false | false | false | true |
| false | false | false | false | false | true |
| false | false | false | false | false | true |
Form990 Schedule K Part IV Form990ScheduleKPartIV (4 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| true | false | false | false | false | false |
| true | false | false | false | false | false |
| true | false | false | false | false | false |
| true | false | false | false | false | false |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 8 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 288636 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts | |
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Line #11 | The IRS form 990 is reviewed and approved by the audit committee and full board of trustees annually. |
| Form 990, Part VI, Section B, Line # 12C | The conflict of interest policy is distributed to all faculty, staff, and administration every year. Certain employees are required to sign the questionnaire and disclose any conflicts. All members of the board of trustees are required to review the policy and sign and complete a questionnaire on an annual basis, disclosing potential conflicts. The executive committee of the board monitors and enforces compliance. |
| Form 990, Part VI, Section B, Line # 15A&15B | The college engaged an independent consultant to review and compare the compensation of top management to similar institutions in a compensation study. A compensation survey was performed regarding compensation of other officers. Compensation decisions and reports are contemporaneously documented in the board minutes when the decisions are made. |
| Form 990, Part VI, Section C, Line # 19 | The audited financial statements and conflict of interest policy are available on the College's website at www.sfc.edu. Governing documents will be made available upon request. |
| Form 990, Part VI, Section A, Line # 2 | William Dawson and Mary Beth Dawson - Family Relationship |
| Form 990, Part XI, Line 5 | Net Unrealized gain in investments - 9,154,570 Investment Expenses (50,352) ------------- 9,104,218 |
| Schedule K, Part III, LIne # 3a | The NYS IDA bond listed is broken up into multiple series issues and was used to finance the construction of a new academic center. The college entered into a lease agreement with New York City for the use of certain areas in the facility. The DASNY bond listed is broken up into multiple series issues and is currently used to finance capital improvements throughout the campus. |
| Schedule F, Part 1, Line 3a & d | The College has investments in foreign commingled funds whose legal domicile is located in the caribbean region. |
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