MARLBORO COLLEGE: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- MARLBORO COLLEGE (EIN 03-0179593)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-16
- IRS object ID
- 201101369349305700
- Schema version
- 2009v1.7
- 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 D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-16T15:18:13-05:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LARSONALLEN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 Crown Colony Drive Suite 310 | AddressLine1 |
| City | Quincy | City |
| State | MA | State |
| ZIP Code | 02169 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 030179593 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARLBORO COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MARL | NameControl |
| Phone | 8022517607 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX A | AddressLine1 |
| City | MARLBORO | City |
| State | VT | State |
| ZIP Code | 05344 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ELLEN MCCULLOCH LOVELL | Name |
| Title | PRESIDENT | Title |
| Phone | 8022517607 | Phone |
| Date Signed | 2011-05-16 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6179848100 | Phone |
| Date Prepared | 2011-05-16 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ELLEN MCCULLOCH LOVELL | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX A | AddressLine1 |
| City | MARLBORO | City |
| State | VT | State |
| ZIP Code | 05344 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 20408850 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.MARLBORO.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1946 | YearFormation |
| State Legal Domicile | VT | StateLegalDomicile |
| Activity Or Mission Description | PROVIDE UNDERGRADUATE AND GRADUATE EDUCATION | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 23 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 22 | NbrIndependentVotingMembers |
| Total Nbr Employees | 480 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2553414 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2309507 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 13355568 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 13338540 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -1447433 | InvestmentIncomePriorYear |
| Investment Income Current Year | 661332 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 383177 | OtherRevenuePriorYear |
| Other Revenue Current Year | 314545 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 14844726 | TotalRevenuePriorYear |
| Total Revenue Current Year | 16623924 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 3997482 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 4218032 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 8253270 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 8143194 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 348627 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 5395957 | OtherExpensePriorYear |
| Other Expenses Current Year | 5506527 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 17646709 | TotalExpensesPriorYear |
| Total Expenses Current Year | 17867753 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -2801983 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1243829 | RevenuesLessExpensesCY |
| Total Assets BOY | 56018342 | TotalAssetsBOY |
| Total Assets EOY | 58329013 | TotalAssetsEOY |
| Total Liabilities BOY | 9321219 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 9044286 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 46697123 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 49284727 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE MISSION OF MARLBORO COLLEGE IS TO TEACH STUDENTS TO THINK CLEARLY AND TO LEARN INDEPENDENTLY THROUGH ENGAGEMENT IN A STRUCTURED PROGRAM OF LIBERAL STUDIES. STUDENTS ARE EXPECTED TO DEVELOP A COMMAND OF CONCISE AND CORRECT ENGLIGH AND TO STRIVE FOR ACADEMIC EXCELLENCE FORMED BY INTELLECTUAL AND ARTISITIC CREATIVITY; THEY ARE ENCOURAGED TO ACQUIRE A PASSION FOR LEARNING, DISCERNING JUDGEMENT AND A GLOBAL PERSPECTIVE. THE COLLEGE PROMOTES INDEPENDENCE BY REQUIRING STUDENTS TO PARTICIPATE IN THE PLANNING OF THIER OWN PROGRAMS OF STUDY AND TO ACT RESPONSIBLY WIHIN A SELF-GOVERNING COMMUNITY. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 10963410 | Expense |
| Revenue | 13641752 | Revenue |
| Description | PROVIDE POST-SECONDARY LIBERAL ARTS DEGREE PROGRAM FOR APPROXIMATLEY 270 UNDERGRADUATE STUDENTS AND 70 MASTERS OF ARTS AND SCIENCE DEGREE STUDENTS | Description |
| Total Program Service Expense | 10963410 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | 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 | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 102 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 480 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| Name Of Foreign Country | BD | NameOfForeignCountry |
| 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 |
| Nbr Voting Governing Body Members | 23 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 22 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | 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
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANNE PRATT | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8022517607 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX A | AddressLine1 |
| City | MARLBORO | City |
| State | VT | State |
| ZIP Code | 05344 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (24 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| ELLEN MCCULLOCH-LOVELL | ||||||
| PRESIDENT | 40.00 | X | X | 185126 | 0 | 15542 |
| J BARTON GOODWIN | ||||||
| CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 |
| PHILLIP STECKLER III | ||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 |
| RICHARD H SAUDEK | ||||||
| CLERK | 1.00 | X | X | 0 | 0 | 0 |
| MARK ANDERSON | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JOHN CHAN | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| SARA E COFFEY | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| DENA DAVIS | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| KAREN DAVIS | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| THOMAS S DURKIN | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| PETER GALBRAITH | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| GRETCHEN GERZINA | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| ELIZABETH GLENSHAW | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| THOMAS PI GODDARD | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| WOLF KAHN | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| MARY MATTSON KENWORTHY | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| LINDY LINDER | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| PETER MALLARY | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| STEPHAN MORSE | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| DEAN NICYPER | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| RICHARD H SAUDEK | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| EDWARD E WENDELL JR | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| BERNARD WHARTON | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| BRYANT MORGAN | ||||||
| CHIEF BUDGET & PLANNING OFFICER | 40.00 | X | 92591 | 0 | 16760 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 277717 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 32302 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| FITZ VOGT & ASSOC LTD | |||||
| PO BOX 819 | WARPOLE | NH | 03608 | FOOD SERVICES | 656045 |
| CHESAPEAKE ASSET MANAGEMENT | |||||
| 18310 MONTGOMERY VILLAGE AVENUE SUI | GAITHERSBURG | MD | 20879 | INVESTMENT MANAGEMENT | 101543 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
| Government Grants | 249934 | GovernmentGrants |
| All Other Contributions | 2059573 | AllOtherContributions |
| Total Contributions | 2309507 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 611600 | 11378168 | 11378168 |
| AUXILIARY SERVICES | 611710 | 1960372 | 1960372 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 13338540 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 492688 | TotalRevenueColumn |
| Exclusion | $492,688 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 675070 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 565177 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 109893 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 109893 | TotalRevenueColumn |
| Exclusion | $109,893 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3240409 | Securities |
| Other | 13687 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3030631 | Securities |
| Other | 54821 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 209778 | Securities |
| Other | -41134 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 168644 | TotalRevenueColumn |
| Related Or Exempt Function Income | 168644 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 164107 | GrossSalesOfInventory |
| Cost Of Goods Sold | 134297 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 29810 | TotalRevenueColumn |
| Exclusion | $29,810 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER SOURCES | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 174842 | TotalRevenueColumn |
| Related Or Exempt Function Income | 174842 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 174842 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 16623924 | TotalRevenueColumn |
| Related Or Exempt Function Income | 13682026 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $632,391 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4218032 | Total |
| Program Services | 4218032 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 192961 | Total |
| Management And General | 192961 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6462590 | Total |
| Program Services | 4443089 | ProgramServices |
| Management And General | 1762571 | ManagementAndGeneral |
| Fundraising | 256930 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 203549 | Total |
| Management And General | 203549 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 833248 | Total |
| Program Services | 59670 | ProgramServices |
| Management And General | 773578 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 450846 | Total |
| Program Services | 305219 | ProgramServices |
| Management And General | 127543 | ManagementAndGeneral |
| Fundraising | 18084 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 53780 | Total |
| Management And General | 53780 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 68500 | Total |
| Management And General | 68500 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 427408 | Total |
| Management And General | 427408 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 443953 | Total |
| Program Services | 224239 | ProgramServices |
| Management And General | 212578 | ManagementAndGeneral |
| Fundraising | 7136 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 189511 | Total |
| Program Services | 145453 | ProgramServices |
| Management And General | 36439 | ManagementAndGeneral |
| Fundraising | 7619 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 430503 | Total |
| Program Services | 201471 | ProgramServices |
| Management And General | 201362 | ManagementAndGeneral |
| Fundraising | 27670 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 58886 | Total |
| Program Services | 33025 | ProgramServices |
| Management And General | 24282 | ManagementAndGeneral |
| Fundraising | 1579 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 954830 | Total |
| Program Services | 163188 | ProgramServices |
| Management And General | 791642 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 310238 | Total |
| Program Services | 243858 | ProgramServices |
| Management And General | 59137 | ManagementAndGeneral |
| Fundraising | 7243 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18810 | Total |
| Program Services | 4995 | ProgramServices |
| Management And General | 13815 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 163 | Total |
| Management And General | 163 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 921344 | Total |
| Management And General | 921344 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 355321 | Total |
| Management And General | 355321 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| FOOD & LABOR | 701442 | 679313 | 14671 | 7458 |
| OTHER EXPENSES | 498344 | 196459 | 287115 | 14770 |
| LIBRARY | 47033 | 45399 | 1496 | 138 |
| RECRUITMENT | 26461 | 26461 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17867753 | Total |
| Program Services | 10963410 | ProgramServices |
| Management And General | 6555716 | ManagementAndGeneral |
| Fundraising | 348627 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 901 | BOY |
| EOY | 1150 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5481234 | BOY |
| EOY | 5412321 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 157778 | BOY |
| EOY | 63907 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 247712 | BOY |
| EOY | 230690 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 149379 | BOY |
| EOY | 134610 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 177256 | BOY |
| EOY | 158405 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 31025119 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 12134739 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19655670 | BOY |
| EOY | 18890380 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13405941 | BOY |
| EOY | 11631867 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14489207 | BOY |
| EOY | 20059408 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2253264 | BOY |
| EOY | 1746275 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 56018342 | BOY |
| EOY | 58329013 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1766262 | BOY |
| EOY | 1846519 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 756403 | BOY |
| EOY | 845397 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3495000 | BOY |
| EOY | 3195000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2975948 | BOY |
| EOY | 2916510 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 327606 | BOY |
| EOY | 240860 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9321219 | BOY |
| EOY | 9044286 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13124627 | BOY |
| EOY | 14683084 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5662661 | BOY |
| EOY | 6630104 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27909835 | BOY |
| EOY | 27971539 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 46697123 | BOY |
| EOY | 49284727 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 56018342 | BOY |
| EOY | 58329013 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | 28798813 | BeginningOfYearBalance |
| Contributions | 2277897 | Contributions |
| Investment Earnings Or Losses | 4412588 | InvestmentEarningsOrLosses |
| Other Expenditures | 1454000 | OtherExpenditures |
| End Of Year Balance | 34035298 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 30896588 | BeginningOfYearBalance |
| Contributions | 2040843 | Contributions |
| Investment Earnings Or Losses | -2653192 | InvestmentEarningsOrLosses |
| Other Expenditures | 1485426 | OtherExpenditures |
| End Of Year Balance | 28798813 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.08080 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.91920 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 601549 | OtherCostOrOtherBasis |
| Book Value | 601549 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 21413032 | OtherCostOrOtherBasis |
| Depreciation | 6462051 | Depreciation |
| Book Value | 14950981 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5036406 | OtherCostOrOtherBasis |
| Depreciation | 4536412 | Depreciation |
| Book Value | 499994 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3974132 | OtherCostOrOtherBasis |
| Depreciation | 1136276 | Depreciation |
| Book Value | 2837856 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 18890380 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (16 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| NEON LIBERTY | 2190289 | F |
| MASTIFF | 2144320 | F |
| COMPASS VENTURE PARTNERS | 41219 | F |
| ABRAMS CAPITAL | 4927936 | F |
| DELTA FUND INVESTMENT | 2436496 | F |
| GEOLOGIC RESOURCES FUND | 941464 | F |
| GMO EMERGING CURRENCY HEDGE FUNDS | 2072483 | F |
| DENHAM CAPITAL MANAGEMENT | 378037 | F |
| NEON-LORIKEET | 917684 | F |
| ZAIS GROUP | 1167501 | F |
| SERVERTIS FUND | 421008 | F |
| GLENMONT CAPITAL MANAGEMENT | 255276 | F |
| GLENMONT ORLANDO CO-INVESTMENT PARTNERS | 253797 | F |
| ILS PARTNERS LP | 1223621 | F |
| EMERGENT GLOBAL FX FUND | 488268 | F |
| OPEN PEAK INVESTMENT | 200009 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 20059408 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ANNUITIES | Description |
| Amount | $240,860 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 240860 | TotalOfAmounts |
| Total Revenue | 16623924 | TotalRevenue |
| Total Expenses | 17867753 | TotalExpenses |
| Excess Or Deficit For Year | -1243829 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 3975911 | NetUnrealizedGLOnInvestments |
| Other | -$144,478 | OtherAmount |
| Total Adjustments | 3831433 | TotalAdjustments |
| Excess Or Deficit Per FS | 2587604 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 13907413 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 3975911 | NetUnrealizedGainsInvestments |
| Other Revenues | 699474 | OtherRevenues |
| Revenue Not Rptd F990 | 4675385 | RevenueNotRptdF990 |
| Revenue Subtotal | 9232028 | RevenueSubtotal |
| Other Revenues Not Included | 7391896 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 7391896 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 16623924 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 14349196 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 699474 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 699474 | ExpensesNotRptdF990 |
| Expenses Subtotal | 13649722 | ExpensesSubtotal |
| Other Expenses Not Included | 4218032 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 4218032 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 17867754 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Part XI, Line 8 - Other Adjustments: | change in value of split-interest agreements: -144478. |
| Part XII, Line 2d - Other Adjustments: | RENTAL EXPENSES: 565177. BOOKSTORE COFFEE: 134297. |
| Part XII, Line 4b - Other Adjustments: | nonoperating contributions: 31826. loss on disposal of fixed assets: -41134. scholarships: 4218032. INVESTMENT LOSS, NET OF SPENDING POLICY: 3183172. |
| Part XIII, Line 2d - Other Adjustments: | RENTAL EXPENSES: 565177. BOOKSTORE COFFEE: 134297. |
| Part XIII, Line 4b - Other Adjustments: | scholarships: 4218032. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Pub Via Broadcast Media Expln | THE NONDISCRIMINATOIN POLICY IS PUBLISHED IN THE COLLEGE CATALOGUE AND STUDENT HANDBOOK. | PubViaBroadcastMediaExpln |
| 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 |
| Govt Financial Aid Explanation | THE ORGANIZATION RECEIVES FEDERAL AND STATE GOVERNMENT GRANT MONEY. | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
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 | INVESTMENT | TypeOfActivitiesConducted |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Total Amount Spent | 0 | TotalAmountSpent |
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/ASSISTANCE | TypeOfGrant |
| Number Of Recipients | 288 | NumberOfRecipients |
| Amount Of Cash Grant | 4218032 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: THE STUDENTS MUST APPLY FOR THE GRANTS AND MEET THE REQUIREMENTS OF THE VARIOUS GRANTS. THE PROCESS BY WHICH EACH GRANT IS AWARDED AND MONITORED IS FORMALIZED IN A POLICY WHICH IS UPDATED BY THE ASSOCIATE DIRECTOR OF FINANCIAL AID. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ELLEN MCCULLOCH-LOVELL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Base Compensation Filing Org | 150126 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 35000 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 7852 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 7690 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 200668 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 5 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 998099 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Section A, line 1 | The organization has an executive committee which consists of the Chairman, Vice Chairman, Treasurer, and Clerk of the governing body. The role of the executive committee is to advise the president between meetings and occasionally make decisions on behalf of the board, when the matter is urgent and it is not feasible for the entire board to consider the matter. At the Feb 5, 2011, meeting trustees voted to allow the Ex Comm to vote with the proviso that any decision is then conveyed to the board and the board could reconsider it at the next meeting. |
| Form 990, Part VI, Section B, line 11 | THE PRESIDENT, FINANCIAL MANAGEMENT OFFICER AND CHIEF PLANNING AND BUDGET OFFER REVIEW THE FORM 990 PRIOR TO A REVIEW BY THE AUDIT COMMITTEE. THE AUDIT COMMITTEE REVIEWS AND APPROVES THE FORM 990 PRIOR TO FILING. |
| Form 990, Part VI, Section B, line 12c | EACH MEMBER OF THE GOVERNING BODY AND OFFICERS OF THE ORGANIZATION ARE REQUIRED TO REVIEW AND SIGN A DOCUMENT REGARDING COMPLIANCE WITH THE COLLEGE'S CONFLICT OF INTEREST POLICY. THE PRESIDENT'S ASSISTANT MONITORS COMPLIANCE ON BEHALF OF THE BOARD. THE BOARD IS RESPONSIBLE FOR ENFORCEMENT ACTION ON THE POLICY. SHOULD ANY CONFLICT BE IDENTIFIED, THE INDIVIDUAL WOULD NOT PARTICIPATE IN THE DISCUSSION OR VOTING ON THE ISSUE. |
| Form 990, Part VI, Section B, line 15 | THE EXECUTIVE COMMITTEE REVIEWS THE PRESIDENT's COMPENSATION PACKAGE AND UTILIZES THE APPROPRIATE COMPARABILITY DATA WHEN ESTABLISHING THE COMPENSATION PACKAGE. THE EXECUTIVE COMMITTEE REVIEWS THE COMPENSATION PACKAGE FOR OFFICERS AND KEY EMPLOYEES AND UTILIZES THE APPROPRIATE COMPARABILITY DATA WHEN ESTABLISHING THE COMPENSATION PACKAGE. |
| Form 990, Part VI, Section C, line 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
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