UNIVERSITY OF LYNCHBURG: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF LYNCHBURG (EIN 54-0505922)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-02-10
- IRS object ID
- 201110429349300046
- Schema version
- 2009v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-02-10T09:16:01-07:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 540505922 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LYNCHBURG COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LYNC | NameControl |
| Phone | 4345448428 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1501 Lakeside Drive | AddressLine1 |
| City | Lynchburg | City |
| State | VA | State |
| ZIP Code | 24501 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Steve Bright | Name |
| Title | VP for Business & Finance | Title |
| Phone | 4345448428 | Phone |
| Date Signed | 2011-02-14 | DateSigned |
| 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 | Steve Bright | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1501 Lakeside Drive | AddressLine1 |
| City | Lynchburg | City |
| State | VA | State |
| ZIP Code | 24501 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 124812605 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.lynchburg.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1903 | YearFormation |
| State Legal Domicile | VA | StateLegalDomicile |
| Activity Or Mission Description | The College offers distinctive undergraduate and graduate programs that reflect its commitment to teaching, scholarship, and service to the greater community. The mission of the College is to develop students to have strong character and balanced perspectives and to prepare them for intelligent and wholehearted participation in a global society and for effective leadership in the civic, professional, spiritual, and social dimensions of life. The College provides students with a wide range of rigorous educational experiences that are grounded in the liberal arts and sciences, enhanced by professional studies, and nurtured by a residential community. The College serves the region through its outreach programs, cultural opportunities, resources, services, and the expertise of faculty, staff, and students. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 36 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 32 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1824 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 102673 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3598949 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3841062 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 70208178 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 74749256 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -1911485 | InvestmentIncomePriorYear |
| Investment Income Current Year | -2444770 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 92955 | OtherRevenuePriorYear |
| Other Revenue Current Year | 93668 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 71988597 | TotalRevenuePriorYear |
| Total Revenue Current Year | 76239216 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 21758846 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 23944395 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 31300862 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 32638649 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 63625 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 7237 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1769455 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 23080406 | OtherExpensePriorYear |
| Other Expenses Current Year | 22855048 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 76203739 | TotalExpensesPriorYear |
| Total Expenses Current Year | 79445329 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -4215142 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -3206113 | RevenuesLessExpensesCY |
| Total Assets BOY | 133194531 | TotalAssetsBOY |
| Total Assets EOY | 143724257 | TotalAssetsEOY |
| Total Liabilities BOY | 32778294 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 37596486 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 100416237 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 106127771 | NetAssetsOrFundBalancesEOY |
| Mission Description | The College offers distinctive undergraduate and graduate programs that reflect its commitment to teaching, scholarship, and service to the greater community. The mission of the College is to develop students to have strong character and balanced perspectives and to prepare them for intelligent and wholehearted participation in a global society and for effective leadership in civic, professional, spiritual, and social dimensions of life. | MissionDescription |
| Significant New Program Services | 1 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 40183048 | Expense |
| Grants | 23944395 | Grants |
| Revenue | 0 | Revenue |
| Description | Includes Student Instruction and Scholarships. For the Fall 2009, there were 2,199 undergraduates, 390 graduates for a total enrollment of 2,589 students. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 15530180 | Expense |
| Grants | 0 | Grants |
| Revenue | 0 | Revenue |
| Description | Includes Other Program Services (Information technology, interest expense, depreciation expense, and other allocated expenses) that support student instruction. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 9578308 | Expense |
| Grants | 0 | Grants |
| Revenue | 0 | Revenue |
| Description | Includes Auxiliary Enterprises (Student housing, dining services, bookstore, and other snack bar areas). | Description |
Activity Other ActivityOther (2 entries)
| ExpenseExpense | GrantsGrants | RevenueRevenue | DescriptionDescription |
|---|---|---|---|
| 6187648 | 0 | 0 | Includes Student Services which consists of enrollment services, registrar, health and counseling services, student activities, sports, and recreation. |
| 2325677 | 0 | 0 | Includes Academic Support which consists of the College's library, art gallery, academic advising, career services, and other support services for the academic divisions. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 8513325 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 0 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 0 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 73804861 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 1 | ConservationEasements |
| Collections Of Art | 1 | 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 | 1 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| 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 | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 1 | 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 | 111 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1824 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Nbr Voting Governing Body Members | 36 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 32 | 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 | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | VA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Steve Bright | NamePerson |
| Telephone Number | 4345448428 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1501 Lakeside Drive | AddressLine1 |
| City | Lynchburg | City |
| State | VA | State |
| ZIP Code | 24501 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (48 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 |
|---|---|---|---|---|---|---|---|
| Thomas L Booker | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Alan A Burgess | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Howard M Butler | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Fred R Cawthorne | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Stephen L Crank | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Richard O Danker | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| MaryJane Tousignant Dolan | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Douglas D Drysdale | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Mary S Elcano | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Stuart C Fauber | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Pauline B Flint | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Suzanne F Flynn | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Mary H Futrell | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Roger H Green | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Yuille Holt III | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Terry H Jamerson | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Andrew J Larsen | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Nathanial X Marshall | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Philip G Mazzara | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Jay W Newkirk | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Ellen G Nygaard | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Kathryn M Pumphrey | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Mary Rose Ragsdale | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Roy A Roberson Jr | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Rosel H Schewel | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Walker P Sydnor Jr | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Thomas A Walker | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Catherine G West | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Charles B White | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Tucker W Withers | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Percy Wootton | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Charles P Collings | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Julie P Doyle | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Rebecca DuFour | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Yong H Kim | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Andrew J Tatom III | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Kenneth R Garren | |||||||
| President of the College | 40 | 400993 | 0 | 41990 | X | ||
| Julius A Sigler Jr | |||||||
| VP and Dean for Academic Affairs | 40 | 120513 | 0 | 16592 | X | ||
| John G Eccles | |||||||
| VP and Dean for Student Development | 40 | 112629 | 0 | 18322 | X | ||
| Rita A Detwiler | |||||||
| VP for Enrollment Management | 40 | 112163 | 0 | 22897 | X | ||
| Denise A McDonald | |||||||
| VP for Advancement | 40 | 112061 | 0 | 22952 | X | ||
| Edward A Polloway | |||||||
| VP for Comm Adv & Dean of Grad Studies | 40 | 103947 | 0 | 14536 | X | ||
| Stephen E Bright | |||||||
| VP for Business and Finance and Treas | 40 | 135604 | 0 | 41055 | X | ||
| John C Lewis | |||||||
| Associate VP for Business & Finance | 40 | 115560 | 0 | 19120 | X | ||
| Sally Selden | |||||||
| Professor | 40 | 110838 | 0 | 9399 | X | ||
| David Murphy | |||||||
| Professor | 40 | 117309 | 0 | 21026 | X | ||
| Howard Ramagli | |||||||
| Assc VP for Information Tech & Resources | 40 | 111350 | 0 | 15324 | X | ||
| Joseph Turek | |||||||
| Dean, School of Bus & Econ | 40 | 105916 | 0 | 20673 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1658883 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 263886 | TotalOtherCompensation |
| Number Individuals GT100 K | 16 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation | Address Line2AddressOfContractor/AddressUS/AddressLine2 |
|---|---|---|---|---|---|---|
| Southern Air | ||||||
| PO Box 4205 | Lynchburg | VA | 24502 | Construction | 200562 | |
| Commonfund | ||||||
| 15 Old Danbury Road | Wilton | CT | 068978012 | Investment Consultant | 399877 | |
| Lynch Roofing Co | ||||||
| PO Box 1240 | Madison Heights | VA | 24572 | Construction | 203413 | |
| Dominion Seven Architects | ||||||
| 100 Jefferson Street | Lynchburg | VA | 24504 | Architectual Services | 513546 | |
| Carnegie Communications LLC | ||||||
| 2 Lan Drive | Westford | MA | 01886 | Marketing/Publication Design | 223029 | Suite 120 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 7 | NumberOfContractorsGT100K |
| Federated Campaigns | 0 | FederatedCampaigns |
| Membership Dues | 0 | MembershipDues |
| Fundraising Events | 30409 | FundraisingEvents |
| Related Organizations | 0 | RelatedOrganizations |
| Government Grants | 762703 | GovernmentGrants |
| All Other Contributions | 3047950 | AllOtherContributions |
| Noncash Contributions | 350778 | NoncashContributions |
| Total Contributions | 3841062 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|---|
| Tuition and Fees | 611600 | 58642133 | 58642133 | 0 | $0 |
| Auxiliary Enterprises | 900099 | 14460581 | 14460581 | 0 | $0 |
| Miscellaneous Revenue | 900099 | 1646542 | 1646542 | 0 | $0 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 74749256 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1166039 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,166,039 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 44921925 | Securities |
| Other | 5720 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 48421117 | Securities |
| Other | 117337 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -3499192 | Securities |
| Other | -111617 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -3610809 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$3,610,809 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 25930 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 30409 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 34935 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -9005 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$9,005 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Gaming | 0 | GrossIncomeGaming |
| Gaming Direct Expenses | 0 | GamingDirectExpenses |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 0 | GrossSalesOfInventory |
| Cost Of Goods Sold | 0 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Auxiliary-Catering | Description |
| Business Code | 722320 | BusinessCode |
| Total Revenue Column | 102673 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 102673 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 102673 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 76239216 | TotalRevenueColumn |
| Related Or Exempt Function Income | 74749256 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 102673 | UnrelatedBusinessRevenue |
| Exclusion | -$2,453,775 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23786109 | Total |
| Program Services | 23786109 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 158286 | Total |
| Program Services | 158286 | ProgramServices |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1250498 | Total |
| Program Services | 460722 | ProgramServices |
| Management And General | 587626 | ManagementAndGeneral |
| Fundraising | 202150 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24511534 | Total |
| Program Services | 22068206 | ProgramServices |
| Management And General | 1571657 | ManagementAndGeneral |
| Fundraising | 871671 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1873166 | Total |
| Program Services | 1645763 | ProgramServices |
| Management And General | 150790 | ManagementAndGeneral |
| Fundraising | 76613 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3019069 | Total |
| Program Services | 2802914 | ProgramServices |
| Management And General | 127248 | ManagementAndGeneral |
| Fundraising | 88907 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1984382 | Total |
| Program Services | 1743478 | ProgramServices |
| Management And General | 159743 | ManagementAndGeneral |
| Fundraising | 81161 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24043 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 24043 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 68352 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 68352 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7237 | Total |
| Fundraising | 7237 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 399877 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 399877 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 93815 | Total |
| Program Services | 39282 | ProgramServices |
| Management And General | 53150 | ManagementAndGeneral |
| Fundraising | 1383 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1411505 | Total |
| Program Services | 1171380 | ProgramServices |
| Management And General | 115152 | ManagementAndGeneral |
| Fundraising | 124973 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1580244 | Total |
| Program Services | 1534009 | ProgramServices |
| Management And General | 12965 | ManagementAndGeneral |
| Fundraising | 33270 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2313503 | Total |
| Program Services | 2248274 | ProgramServices |
| Management And General | 43486 | ManagementAndGeneral |
| Fundraising | 21743 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 954633 | Total |
| Program Services | 693893 | ProgramServices |
| Management And General | 115573 | ManagementAndGeneral |
| Fundraising | 145167 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1188579 | Total |
| Program Services | 1188579 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3673898 | Total |
| Program Services | 3673898 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 86313 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 86313 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Food Purchases-Dining Services | 1981640 | 1981640 | 0 | 0 |
| Purchases-Bookstore | 1240837 | 1240837 | 0 | |
| Indirect Costs Alloc-Auxiliary & Other | 3891847 | 3891847 | 0 | 0 |
| Other Miscellaneous | 3945962 | 3475744 | 355038 | 115180 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 79445329 | Total |
| Program Services | 73804861 | ProgramServices |
| Management And General | 3871013 | ManagementAndGeneral |
| Fundraising | 1769455 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23766 | BOY |
| EOY | 22331 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6610293 | BOY |
| EOY | 8826682 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2489034 | BOY |
| EOY | 2266137 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 405385 | BOY |
| EOY | 560310 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1664195 | BOY |
| EOY | 1651274 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 489674 | BOY |
| EOY | 528027 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 197969 | BOY |
| EOY | 319673 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 101428283 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 43889720 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 54436300 | BOY |
| EOY | 57538563 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 66564218 | BOY |
| EOY | 71659563 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 313697 | BOY |
| EOY | 351697 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 133194531 | BOY |
| EOY | 143724257 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6177238 | BOY |
| EOY | 6875298 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1125475 | BOY |
| EOY | 1199616 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16178000 | BOY |
| EOY | 19983715 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6810231 | BOY |
| EOY | 6688602 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1717 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2485633 | BOY |
| EOY | 2849255 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32778294 | BOY |
| EOY | 37596486 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 44013048 | BOY |
| EOY | 45933199 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19244889 | BOY |
| EOY | 20591549 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37158300 | BOY |
| EOY | 39603023 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 100416237 | BOY |
| EOY | 106127771 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 133194531 | BOY |
| EOY | 143724257 | 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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 0 | DirectContactLegislators |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 1 | OtherActivities |
| Other Activities | $0 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 0 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchC_P2B_S00_L01 | Identifier |
| Return Reference | Schedule C, Part II-B, Line 1 | ReturnReference |
| Explanation | The College is a member of the Council of Independent Colleges in Virginia (CICV), which is an association of 27 Virginia independent colleges and universities. The CICV works to promote the interests of non-profit, independent higher education in Virginia. CICV coordinates the advocacy of Virginia's independent colleges for increased funding for the state's Tuition Assistance Grant (TAG) and other programs assisting students at independent colleges. CICV also monitors legislative and regulatory actions which affect Virginia private colleges. In FY 09-10, the College paid $25,590.94 in membership dues which was based upon the student population. The College is unaware of the amount of funding expended on the various projects of the CICV. | Explanation |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preservation Of Open Space | X | PreservationOfOpenSpace |
| Total Number Of Easements | 1 | TotalNumberOfEasements |
| Total Acreage | 470 | TotalAcreage |
| Nmbr Hist Struct Easements | 0 | NmbrHistStructEasements |
| Nmbr Hist Struct Easements After | 0 | NmbrHistStructEasementsAfter |
| Nmbr Easements Modified | 0 | NmbrEasementsModified |
| Nmbr States In Which Easements Held | 1 | NmbrStatesInWhichEasementsHeld |
| Written Policy Monitoring | 1 | WrittenPolicyMonitoring |
| Staff Hours Spent On Enforcement | 0 | StaffHoursSpentOnEnforcement |
| Expenses Incurred For Enforcement | 0 | ExpensesIncurredForEnforcement |
| Sect170h Requirements Satisfied | 1 | Sect170hRequirementsSatisfied |
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 6200 | RevenuesIncluded |
| Assets In Part X | 6200 | AssetsInPartX |
Held Works Of Art Amts HeldWorksOfArtAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 0 | RevenuesIncluded |
| Assets In Part X | 0 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 62177036 | BeginningOfYearBalance |
| Contributions | 1013976 | Contributions |
| Investment Earnings Or Losses | 5724299 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 373692 | GrantsOrScholarships |
| Other Expenditures | 952836 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 67588783 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 82010777 | BeginningOfYearBalance |
| Contributions | 784675 | Contributions |
| Investment Earnings Or Losses | -18381644 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 776669 | GrantsOrScholarships |
| Other Expenditures | 1460103 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 62177036 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.2 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.76 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.04 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 1580397 | OtherCostOrOtherBasis |
| Book Value | 1580397 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 76958116 | OtherCostOrOtherBasis |
| Depreciation | 31961986 | Depreciation |
| Book Value | 44996130 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 1670243 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 1670243 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 13461152 | OtherCostOrOtherBasis |
| Depreciation | 9236026 | Depreciation |
| Book Value | 4225126 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 7758375 | OtherCostOrOtherBasis |
| Depreciation | 2691708 | Depreciation |
| Book Value | 5066667 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 57538563 | TotalOfBookValueLandBuildings |
Financial Derivatives FinancialDerivatives
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
Closely Held Equity Interests CloselyHeldEquityInterests
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 0 | TotalOfBookValueSecurities |
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Debt Issuance Costs | Description |
| Book Value | 351697 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 351697 | TotalBookValueOtherAssets |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Interest Rate Swap Agreement | $1,807,137 |
| U.S. Govt Grants Refundable | $1,042,118 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2849255 | TotalOfAmounts |
| Total Revenue | 76239216 | TotalRevenue |
| Total Expenses | 79445329 | TotalExpenses |
| Excess Or Deficit For Year | -3206113 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 9142103 | NetUnrealizedGLOnInvestments |
| Donated Services And Facilities | 0 | DonatedServicesAndFacilities |
| Investment Expenses | 0 | InvestmentExpenses |
| Prior Period Adjustments | 0 | PriorPeriodAdjustments |
| Other | -$224,456 | OtherAmount |
| Total Adjustments | 8917647 | TotalAdjustments |
| Excess Or Deficit Per FS | 5711534 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 60823820 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 9142103 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 0 | DonatedSrvcAndUseOfFacilities |
| Recoveries Of Prior Year Grants | 0 | RecoveriesOfPriorYearGrants |
| Other Revenues | -24168851 | OtherRevenues |
| Revenue Not Rptd F990 | -15026748 | RevenueNotRptdF990 |
| Revenue Subtotal | 75850568 | RevenueSubtotal |
| Investment Expenses Not Included | 399877 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | -11229 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 388648 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 76239216 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 55112286 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 0 | DonatedServicesUseOfFacilities |
| Prior Year Adjustments | 0 | PriorYearAdjustments |
| Losses Reported | 0 | LossesReported |
| Other Expenses Included | 11229 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 11229 | ExpensesNotRptdF990 |
| Expenses Subtotal | 55101057 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 399877 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 23944395 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 24344272 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 79445329 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (10 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchD_P02_S00_L05 | Schedule D, Part II, Line 5 | The Virginia Outdoors Foundation has the responsibility to enter the property from time to time (usually on an annual basis) for purposes of inspection and enforcement of the terms of the easement after permission from or reasonable notice is given to the College. The Foundation has the right to bring an action at law or in equity to enforce the restrictions as outlined in the easement. This right specifically includes the right to require restoration of the property to a condition of compliance with the terms of the easement as existed on the date of the gift of the easement. A report is received from the Virginia Outdoors Foundation detailing their visit and addressing any issues that may arise. The College has a full-time Director of the Claytor Nature Study Center (the farm) that is responsible for the general direction, vision, and management of the Center. The Director is also the person who is responsible for working with the Virginia Outdoors Foundation. |
| SchD_P02_S00_L09 | Schedule D, Part II, Line 9 | The Virginia Outdoors Foundation easement was included with a gift of a 470 acre farm received in 1998. The gift value of the farm was substantiated by a real estate appraisal report and recorded as an asset to the College on the Statement of Financial Position and as gift revenue in the Statement of Activities when received. |
| SchD_P03_S00_L04 | Schedule D, Part III, Line 4 | The College's art collection includes paintings, drawings, prints, and sculptures by Pierre Daura and many other American and European artists. These collections are used to further the educational purpose of the College through lectures, gallery talks, and exhibitions on campus. |
| SchD_P05_S00_L04 | Schedule D, Part V, Line 4 | The College's endowment includes (1) Funds that offer a comprehensive financial aid program for students demonstrating financial need, academic merit, and special leadership traits, (2) Funds that support Distinguished chairs, professorships, and special lectureships, (3) Funds that offer numerous special programs to benefit students, faculty, staff and the broader community which are diverse in focus and create unique learning opportunities, and (4) Funds that offer financial support to the College's annual operating budget. |
| SchD_P10_S00_L00 | Schedule D, Part X | A disclosure of FIN 48 has not been included in the audit footnotes for fiscal year ending June 30, 2010. |
| SchD_P11_S00_L08 | Schedule D, Part XI, Line 8 | This figure includes the Change in the value of split interest agreements. |
| SchD_P12_S00_L02d | Schedule D, Part XII, Line 2d | Includes Financial Aid ($23,944,395) and Change in the Value of Split Interest Agreements ($224,456) |
| SchD_P12_S00_L04b | Schedule D, Part XII, Line 4b | This figure includes Special Events. |
| SchD_P13_S00_L02d | Schedule D, Part XIII, Line 2d | This figure includes Special Events. |
| SchD_P13_S00_L04b | Schedule D, Part XIII, Line 4b | This figure includes Financial Aid. |
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 College has publicized its notice of non-discriminatory policy of students through newspaper media. Also, the College's website includes a statement that Lynchburg College does not discriminate on the basis of age, race, religion, disability, gender, sexual orientation, or national or ethnic origin. | 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 | Lynchburg College was the recipient of various grants and contracts from the Federal Government supporting student financial aid and other College programs in the 2009-10 fiscal year. These federal awards were received from the U.S. Department of Education, Department of Energy, Department of Transportation , the Office of Juvenile Justice and Delinquency Prevention, Department of Commerce, and the Corporation for National and Community Service. | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 1 | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable (7 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| Central America and the Caribbean | 0 | 0 | Program Services | Educational Training/Partnership | 2823 |
| Sub-Saharan Africa | 0 | 0 | Program Services | Institutional aid to students | 14062 |
| Central America and the Caribbean | 0 | 0 | Program Services | Institutional aid to students | 41830 |
| East Asia and the Pacific | 0 | 0 | Program Services | Institutional aid to students | 56904 |
| South Asia | 0 | 0 | Program Services | Institutional aid to students | 3510 |
| Russia and the newly independent States | 0 | 0 | Program Services | Institutional aid to students | 14000 |
| Europe (including Iceland and Greenland) | 0 | 0 | Program Services | Institutional aid to students | 27980 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Total Amount Spent | 161109 | TotalAmountSpent |
Grants To Ind Outside US GrantsToIndOutsideUS (9 entries)
| Type Of AssistanceTypeOfAssistance | RegionRegion | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Manner Of Cash DisbursementMannerOfCashDisbursement | Amount Of Non Cash AssistanceAmountOfNonCashAssistance |
|---|---|---|---|---|---|
| Unfunded Institutional Aid | Sub-Saharan Africa | 2 | 13262 | Applied to the student's tuition and fees account | 0 |
| Funded Institutional Aid | Sub-Saharan Africa | 2 | 800 | Applied to the student's tuition and fees account | 0 |
| Unfunded Institutional Aid | Central America and the Caribbean | 2 | 40132 | Applied to the student's tuition and fees account | 0 |
| Funded Institutional Aid | Central America and the Caribbean | 2 | 1698 | Applied to the student's tuition and fees account | 0 |
| Unfunded Institutional Aid | East Asia and the Pacific | 2 | 55960 | Applied to the student's tuition and fees account | 0 |
| Funded Institutional Aid | East Asia and the Pacific | 1 | 944 | Applied to the student's tuition and fees account | 0 |
| Unfunded Institutional Aid | South Asia | 1 | 3510 | Applied to the student's tuition and fees account | 0 |
| Unfunded Institutional Aid | Russia and the newly independent States | 1 | 14000 | Applied to the student's tuition and fees account | 0 |
| Unfunded Institutional Aid | Europe (including Iceland and Greenland) | 2 | 27980 | Applied to the student's tuition and fees account | 0 |
Form990 Schedule F Part IV Form990ScheduleFPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchF_P01_S00_L02 | Identifier |
| Return Reference | Schedule F, Part I, Line 2 | ReturnReference |
| Explanation | Lynchburg College does not provide grants and other assistance to organizations or entities outside of the United States. Institutional aid is awarded to students who attend the College and who live outside of the United States based upon need and merit and is applied to each student's billed tuition and fees account. The College uses the College Board's PowerFAIDS software to manage its financial aid database and awarding procedures. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Golf Tournament | NameOfEvent1 |
| Gross Receipts Event1 | 13995 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 9770 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 4225 | GrossRevenueEvent1 |
| Cash Prizes Event1 | 0 | CashPrizesEvent1 |
| Non Cash Prizes Event1 | 0 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 4463 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 0 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 0 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 0 | OtherDirectExpensesEvent1 |
| Name Of Event2 | Golf Tournament | NameOfEvent2 |
| Gross Receipts Event2 | 13876 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 6361 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 7515 | GrossRevenueEvent2 |
| Cash Prizes Event2 | 0 | CashPrizesEvent2 |
| Non Cash Prizes Event2 | 0 | NonCashPrizesEvent2 |
| Rent Facility Costs Event2 | 9553 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 0 | FoodAndBeverageEvent2 |
| Entertainment Event2 | 0 | EntertainmentEvent2 |
| Other Direct Expenses Event2 | 1411 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 4 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 28468 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 14278 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 14190 | GrossRevenueOtherEvents |
| Cash Prizes Other Events | 0 | CashPrizesOtherEvents |
| Non Cash Prizes Other Events | 0 | NonCashPrizesOtherEvents |
| Rent Facility Costs Other Events | 7845 | RentFacilityCostsOtherEvents |
| Food And Beverage Other Events | 4020 | FoodAndBeverageOtherEvents |
| Entertainment Other Events | 0 | EntertainmentOtherEvents |
| Other Direct Expenses Other Events | 7643 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 56339 | GrossReceiptsTotal |
| Charitable Contributions Total | 30409 | CharitableContributionsTotal |
| Gross Revenue Total Events | 25930 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 0 | CashPrizesTotalEvents |
| Non Cash Prizes Total Events | 0 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 21861 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 4020 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 0 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 9054 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 34935 | DirectExpenseSummaryEvents |
| Net Income Summary | -9005 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance |
|---|---|---|---|
| Unfunded Institutional Aid | 1882 | 22628600 | 0 |
| Funded Institutional Aid | 96 | 1157509 | 0 |
Form990 Schedule I Part IV Form990ScheduleIPartIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchI_P01_S00_L02 | Schedule I, Part I, Line 2 | Within the limits of available resources, the College makes every effort to make financial aid opportunities available to needy and academically eligible students. Traditional age students must be enrolled in a full-time undergraduate degree program to be considered for College academic scholarships, grants, and/or need-based financial aid. With the exception of some academic scholarships, students who wish to apply for grants, loans, or work-study should submit the Free Application for Federal Student Aid (FAFSA). Awards are considered on the basis of financial need and/or a student's academic profile. Awards are packaged using a combination of grants and scholarships, loans and work-study assignments. Students must be in good academic and social standing and achievement and the minimum quality point average required. The College uses the College Board's PowerFAIDS software to manage our financial aid database and awarding procedures. |
| SchI_P03_S00_L00 | Schedule I, Part III | Part lll (a) Unfunded Institutional aid is funded from the College's unrestricted resources. Funded Institutional aid consists of the proceeds of endowed scholarhips and annual gifts that were donated to help students pay for the cost of their education. Various state grants would also provide scholarships to assist students with paying for their education. Part lll (b) 98% of traditional students at the College (2,019) received some form of Financial Aid. Therefore, the number of recipients was estimated by multiplying 98% times 2,019 students or 1,978 students and then prorating 1,978 students to Unfunded and Funded aid. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Kenneth R Garren | |||||||||||||
| 260925 | 0 | 138966 | 0 | 1102 | 0 | 0 | 0 | 41990 | 0 | 442983 | 0 | 138966 | 0 |
| Stephen E Bright | |||||||||||||
| 146029 | 0 | 0 | 0 | -10425 | 0 | 0 | 0 | 41055 | 0 | 176659 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchJ_P01_S00_L01a | Schedule J, Part I, Line 1a | As outlined in the President's contract with the College, the following items were provided: (1) the President's spouse can accompany him on trips and perform bona fide and substantial school-related business activities; (2) the President is required to live in a house provided by the College as part of his job as President. The house is physically located on the College's campus. |
| SchJ_P01_S00_L03 | Schedule J, Part I, Line 3 | The Compensation Committee of the Board of Trustees approves the President's written employment contract on an annual basis. The approved written employment contract is approved by the full board and documented in the minutes. As deemed necessary by the Compensation Committee, an independent compensation consultant is used for input regarding the President's salary level when compared to other comparable positions. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (3 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer |
|---|---|---|---|---|---|---|
| Industrial Development Authority of the City of Lynchburg Virginia | ||||||
| 541225193 | 55123PBM1 | 2003-07-16 | 11937335 | Construction and equipping of an Academic bldg & Student housing units | 0 | 0 |
| Industrial Development Authority of the City of Lynchburg Virginia | ||||||
| 541225193 | 55123PBN9 | 2004-12-22 | 6575000 | Construction & equipping of a Student housing facility & various bldgs on campus | 0 | 0 |
| Economic Development Authority of the City of Lynchburg Virginia | ||||||
| 541225193 | 2010-02-23 | 4680715 | Renovation & equipping of various bldgs for the purpose of reducing the College's energy costs | 0 | 0 | |
Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)
| Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Amount DefeasedAmountDefeased | Amount UnspentAmountUnspent | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Working Capital ExpendituresWorkingCapitalExpenditures | Capital ExpendituresCapitalExpenditures | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 11877388 | 0 | 0 | 0 | 108399 | 0 | 11768989 | 2005 | 0 | 0 | 1 | 1 |
| 6537500 | 0 | 0 | 0 | 78303 | 0 | 6459197 | 2005 | 0 | 0 | 1 | 1 |
| 4680715 | 3297034 | 0 | 0 | 53208 | 0 | 1330473 | 0 | 0 | 0 | 1 |
Form990 Schedule K Part III Form990ScheduleKPartIII (3 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|---|
| 0 | 1 | 0 | 0 | 0 | 0.0028 | 0 | 0.0028 | 1 |
| 0 | 1 | 0 | 0 | 0 | 0.0007 | 0 | 0.0007 | 1 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate | Term Of HedgeTermOfHedge |
|---|---|---|---|---|---|---|
| (no name) | ||||||
| 0 | 0 | 0 | 0 | 0 | 0 | |
| SunTrust Bank | ||||||
| 0 | 1 | 1 | 0 | 0 | 0 | 30 |
| (no name) | ||||||
| 0 | 0 | 0 | 0 | 0 | 0 | |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (7 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| Scott Insurance | |||
| Trustee is President of the Company | 171464 | Commercial Insurance Provider | 0 |
| L G Flint Inc | |||
| Trustee's husband is President of the Company | 421280 | Construction on campus | 0 |
| J E Jamerson & Sons Inc | |||
| Trustee's husband is President of the Company | 1566733 | Construction | 0 |
| Roberson Financial Services | |||
| Trustee is the Owner of the Company | 120796 | Employee's dental insurance provider | 0 |
| Annette Eccles | |||
| Family member of John Eccles, College Officer | 37801 | Compensation paid as employee of the College | 0 |
| Tyler Eccles | |||
| Family member of John Eccles, College Officer | 25000 | Compensation paid as employee of the College | 0 |
| Janet Sigler | |||
| Family member of Julius Sigler, College Officer | 35938 | Compensation paid as employee of the College | 0 |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 6200 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV-Opinion of an expert | MethodOfDeterminingRevenues |
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 11901 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV-Opinion of an expert | MethodOfDeterminingRevenues |
Clothing And Household Goods ClothingAndHouseholdGoods
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 285 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 17 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 188489 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Avg hi/low on gift date | MethodOfDeterminingRevenues |
Real Estate Residential RealEstateResidential
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 117500 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Appraised value | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (4 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | Automobile provided to the President | 1 | 5052 | FMV-Lease value |
| X | Various music related donations | 3 | 10105 | FMV |
| X | Donations of travel expenses | 5 | 2331 | FMV |
| X | Miscellaneous | 34 | 8915 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| F990_P03_S00_L02 | Form 990, Part III, Line 2 | The College is now offering a doctoral program in Physical Therapy (D.P.T.) and plans to offer a Doctorate in Leadership Studies (Ed.D.) degree program in the Fall of 2011. These programs will offer students unique opportunities to pursue rigorous study leading to knowledge and skills vital for productive and active careers. |
| F990_P06_S0B_L11 | Form 990, Part VI, Section B, Line 11 | The Form 990 is internally prepared and reviewed by management. With respect to the "review process" by the Trustees, the Chair of the Board, the Chair of the Budget and Finance Committee, and all members of the Audit Committee read over the document and notify the Business Office of their approval within three days. The completed Form 990 is then emailed (or sent by overnight delivery) to all Trustees. The Business Office executes and submits the Form to the IRS. |
| F990_P06_S0B_L12c | Form 990, Part VI, Section B, Line 12c | As outlined in the College's By-Laws, the Board prohibits conflict of interest by its members and College officers in particular matters under consideration by the Board, in accordance with the Conflict-of-Interest Policy for trustees and College Officers. The Board asks each Trustee and each College Officer to (1) review the Conflict-of-Interest Policy annually, (2) disclose any possible personal, familial or business relationships that reasonably could give rise to a conflict involving the College, and (3) acknowledge by his or her signature that he or she is in compliance with the letter and spirit of this policy. If a conflict is suspected or confirmed, the matter shall be discussed between the committee chair, the board chair, and the trustee in question, to determine if any specific vote by the trustee should be recanted and if said trustee should be involved in any future discussion on that topic. Should the matter not be resolved by the committee chair, the board chair, and the trustee in question, ultimate enforcement of any conflict will be determined by the Executive Committee as may be appropriate. The completed Confict-of-Interest forms are monitored and maintained in the President's Office. |
| F990_P06_S0B_L15 | Form 990, Part VI, Section B, Line 15 | The compensation for all faculty and staff except the College President is set on an annual basis in keeping with the College's Salary Plan that was adopted after a year long study in 2005-06. The President's salary is set by the College's Compensation Committee. The committee is led by the Board Chair and includes several other Board members who have been appointed to the Committee by the Board Chair. The purpose of the Committee is to review the President's job performance and determine the appropriate salary to recommend to the full Board of Trustees. The Trustees meet in Executive session during the annual May meeting to receive the report of the Compensation Committee and act on their recommendation. The actions of the Board of Trustees while in Executive session are documented in the minutes of the meeting. The last compensation survey or study was completed in 2006. Currently, the College has obtained the services of a consultant to analyze the President's compensation package with comparable colleges. |
| F990_P06_S0C_L19 | Form 990, Part VI, Section C, Line 19 | The documents are made available to the public upon request to the President of the College or VP for Business and Finance. |
Comments