FREED-HARDEMAN UNIVERSITY: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- FREED-HARDEMAN UNIVERSITY (EIN 62-0518288)
- Tax period
- 2009-06-01 to 2010-05-31
- Filed
- 2011-01-17
- IRS object ID
- 201140179349300354
- Schema version
- 2009v1.0
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-01-17T10:26:00-05:00 | Timestamp |
| Tax Period End Date | 2010-05-31 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-06-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 620518288 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FREED-HARDEMAN UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | FREE | NameControl |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 158 E MAIN ST | AddressLine1 |
| City | HENDERSON | City |
| State | TN | State |
| ZIP Code | 38340 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOE WILEY | Name |
| Title | PRESIDENT | Title |
| Phone | 7319892362 | Phone |
| Date Signed | 2010-12-21 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FREED-HARDEMAN UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JOE WILEY | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 158 E MAIN ST | AddressLine1 |
| City | HENDERSON | City |
| State | TN | State |
| ZIP Code | 38340 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 45644590 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| All Affiliates Included | true | AllAffiliatesIncluded |
| Organization501c | X | Organization501c |
| Web Site | WWWFHUEDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1869 | YearFormation |
| State Legal Domicile | TN | StateLegalDomicile |
| Activity Or Mission Description | FREED-HARDEMAN UNIVERSITY IS A FOUR YEAR PRIVATE UNIVERSITY WITH GRADUATE PROGRAMS IN BUSINESS EDUCATION BIBLICAL STUSDIES AND COUNSELING THE SCHOOL IS ASSOCIATED WITH WITH CHURCHES OF CHRIST AND EMPHASIZES MORAL AND SPIRITUAL GROWRH | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 35 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 35 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1142 | TotalNbrEmployees |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 6555031 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 6925408 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 34912245 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 35504163 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3985738 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1208907 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1766767 | OtherRevenuePriorYear |
| Other Revenue Current Year | 2006112 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 39248305 | TotalRevenuePriorYear |
| Total Revenue Current Year | 45644590 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 9687810 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 7831618 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 18063867 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 16364341 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1784152 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 14932789 | OtherExpensePriorYear |
| Other Expenses Current Year | 13737688 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 40828274 | TotalExpensesPriorYear |
| Total Expenses Current Year | 39790139 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -1579969 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 5854451 | RevenuesLessExpensesCY |
| Total Assets BOY | 79798952 | TotalAssetsBOY |
| Total Assets EOY | 85551965 | TotalAssetsEOY |
| Total Liabilities BOY | 35738183 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 35445041 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 44060769 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 50106924 | NetAssetsOrFundBalancesEOY |
| Mission Description | FREED-HARDEMAN UNIVERSITY IS A PRIVATE INSTITUTION ASSOCIATED WITH CHURCHES OF CHRIST DEDICATED TO MORAL AND SPIRITUAL VALUES ACADEMIC EXCELLENCE AND SERVICE IN A FRIENDLY SUPPORTIVE ENVIRONMENT | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 35685407 | Expense |
| Grants | 9687810 | Grants |
| Description | THE UNIVERSITY CONDUCTED CLASSES FOR OVER 2000 STUDENTS AND GRADUATED APPROX 500 DURING THE FISCAL YEAR THE EXPENSES INCLUDED FACULTY SALARIES AND BENEFITS AND AUXILIARY ENTERPRISES AND THE OPERATIONS AND MAINTENANCE TO SUPPORT THEM | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity Code | 611000 | ActivityCode |
| Expense | 2331169 | Expense |
| Description | THESE EXPENSES ARE THE SALARIES AND OPERATING EXPENSES OF THE PRESIDENT AND BUSINESS OFFICERS AND SUPPORT STAFF OF THE UNIVERSITY THESE INDIVIDUALS PERFORM THE COLLECTION OF RECEIVABLES AND THE PAYING OF THE EXPEENSES OF THE UNIVERSITY | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity Code | 611000 | ActivityCode |
| Expense | 1784152 | Expense |
| Description | THESE EXPENSES ARE THE SALARIES AND TRAVEL EXPENSES AND THE GENERAL OFFICE EXPENSES OF THE UNIVERSITY ADVANCEMENT OFFICE | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 39800728 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | true | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | true | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | true | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 108 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 1353 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | true | ForeignFinancialAccount |
| Name Of Foreign Country | BE | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | true | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 1 | NumberOf8282Filed |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | true | Form8899Filed |
| Filed Lieu1041 | false | FiledLieu1041 |
| Nbr Voting Governing Body Members | 0 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 0 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | false | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | BARRY SMITH | NamePerson |
| Telephone Number | 7319896009 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 158 E MAIN STREET | AddressLine1 |
| City | HENDERSON | City |
| State | TN | State |
| ZIP Code | 38340 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (41 entries)
| TitleTitle | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Average Hours Per WeekAverageHoursPerWeek | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| TOM ANDERSON | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| DR LARRY W BLOOMINGBURG | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| JAMES O BUTTS | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| MARK CASTLEBERRY | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| KERRY E COUCH | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| GIL R COWLES | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| TERRY CREWS | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| HON JOHN DEBERRY JR | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| MICHAEL DEES | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| DR JOHN DODD | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| JAMES Q EDMONDS | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| DORIS FARROW | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| DR BARRY V FORTNER | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| ANDREW GREGORY | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| GREG HARRISON | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| JEFF JENKINS | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| DR DALE E JONES | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| JOHN LAW | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| DR JAY LOCKHART | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| DR BILL MORGAN | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| DR PHILLIP B OLDHAM | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| DR LYNN PATTERSON | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| BRETT PHARR | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| NATHAN PRIDE | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| ROBERT P SHACKLEFORD III | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| JAMES R SHAW | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| ROBERT J SMITH | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| MARYLAND SPEARS | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| ROBERT SWAYNE | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| DANNY TALKINGTON | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| MYNONNE TATE | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| THOMAS TOWNSEND | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| TED H WILLIAMS | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| GREGG WOODALL | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| JOE A WILEY | ||||||||
| PRESIDENT | 228600 | 0 | 0 | 40 | X | X | X | |
| MILTON R SEWELL | ||||||||
| CHANCELLOR | 151258 | 0 | 0 | 40 | X | |||
| DWAYNE H WILSON | ||||||||
| EXECUTIVE VICE PRESIDENT | 124642 | 0 | 0 | 40 | X | X | ||
| SAMUEL T JONES | ||||||||
| VICE PRESIDENT | 108846 | 0 | 0 | 40 | X | |||
| DAVID A CLOUSE | ||||||||
| VICE PRESIDENT | 108026 | 0 | 0 | 40 | X | |||
| EDWARD W SCOTT | ||||||||
| VICE PRESIDENT | 91888 | 0 | 0 | 40 | X | |||
| KENNETH CARGILE | ||||||||
| PROFESSOR | 105101 | 0 | 0 | 40 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 918361 | TotalReportableCompFromOrg |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 6 | NumberOfContractorsGT100K |
| Government Grants | 2959411 | GovernmentGrants |
| All Other Contributions | 3965997 | AllOtherContributions |
| Total Contributions | 6925408 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION | 611000 | 24664074 | 24664074 |
| AUXILIARY ENTERPRISES | 611000 | 10840089 | 10840089 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 35504163 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 124956 | TotalRevenueColumn |
| Related Or Exempt Function Income | 124956 | RelatedOrExemptFunctionIncome |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 13049956 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 11966005 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1083951 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1083951 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1083951 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 1313355 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 103234 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1210121 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1210121 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 2239929 | GrossSalesOfInventory |
| Cost Of Goods Sold | 1443938 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 795991 | TotalRevenueColumn |
| Related Or Exempt Function Income | 795991 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 45644590 | TotalRevenueColumn |
| Related Or Exempt Function Income | 38719182 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9687810 | Total |
| Program Services | 9687810 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 813260 | Total |
| Program Services | 200734 | ProgramServices |
| Management And General | 353242 | ManagementAndGeneral |
| Fundraising | 259284 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13096050 | Total |
| Program Services | 11403866 | ProgramServices |
| Management And General | 780778 | ManagementAndGeneral |
| Fundraising | 911406 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 217952 | Total |
| Program Services | 182052 | ProgramServices |
| Management And General | 15407 | ManagementAndGeneral |
| Fundraising | 20493 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1335384 | Total |
| Program Services | 1038378 | ProgramServices |
| Management And General | 178873 | ManagementAndGeneral |
| Fundraising | 118133 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 901245 | Total |
| Program Services | 776320 | ProgramServices |
| Management And General | 47274 | ManagementAndGeneral |
| Fundraising | 77651 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 66969 | Total |
| Management And General | 66969 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 345331 | Total |
| Management And General | 345331 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 64832 | Total |
| Management And General | 64832 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45982 | Total |
| Fundraising | 45982 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 742776 | Total |
| Program Services | 524633 | ProgramServices |
| Management And General | 167335 | ManagementAndGeneral |
| Fundraising | 50808 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 622729 | Total |
| Program Services | 622729 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 58037 | Total |
| Program Services | 58037 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 770356 | Total |
| Program Services | 706609 | ProgramServices |
| Management And General | 17987 | ManagementAndGeneral |
| Fundraising | 45760 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 945186 | Total |
| Program Services | 945186 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1767453 | Total |
| Program Services | 1767453 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 161083 | Total |
| Program Services | 161083 | ProgramServices |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| UTILITIES | 1518649 | 1518649 | |
| STUDENT MEALS | 2064585 | 2064585 | |
| OPERATION AND MAINTENANCE | 1009581 | 1009581 | |
| PRINCIPAL PAYMENTS | 1272577 | 1272577 | |
| SERVICE CONTRACTS AND REPAIRS | 252556 | 241517 | 11039 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2040345 | Total |
| Program Services | 1503608 | ProgramServices |
| Management And General | 282102 | ManagementAndGeneral |
| Fundraising | 254635 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39800728 | Total |
| Program Services | 35685407 | ProgramServices |
| Management And General | 2331169 | ManagementAndGeneral |
| Fundraising | 1784152 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 238349 | BOY |
| EOY | 2623163 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1184839 | BOY |
| EOY | 1544796 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1969700 | BOY |
| EOY | 1915204 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 843821 | BOY |
| EOY | 1122392 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1463959 | BOY |
| EOY | 559676 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 72480228 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 27574626 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 45949388 | BOY |
| EOY | 44905602 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27889279 | BOY |
| EOY | 32669510 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 259617 | BOY |
| EOY | 211622 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 79798952 | BOY |
| EOY | 85551965 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3398609 | BOY |
| EOY | 3447806 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1434406 | BOY |
| EOY | 1185708 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3072643 | BOY |
| EOY | 2926803 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21830373 | BOY |
| EOY | 13805842 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1002152 | BOY |
| EOY | 10458396 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5000000 | BOY |
| EOY | 3620486 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35738183 | BOY |
| EOY | 35445041 | EOY |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14122765 | BOY |
| EOY | 14956399 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15603908 | BOY |
| EOY | 21832712 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14334096 | BOY |
| EOY | 13317813 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 44060769 | BOY |
| EOY | 50106924 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 79798952 | BOY |
| EOY | 85551965 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | true | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
| Contrib By Controlling Individual | false | ContribByControllingIndividual |
| Contribution By Related Party | false | ContributionByRelatedParty |
| Contrib By35 Controlled Entity | false | ContribBy35ControlledEntity |
| Public Support Percentage509 | 0.0 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.0 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.0 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.0 | PriorYrInvestIncomePercentage |
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 | 24404087 | BeginningOfYearBalance |
| Contributions | 1302743 | Contributions |
| Investment Earnings Or Losses | 3870900 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1255606 | GrantsOrScholarships |
| Administrative Expenses | 217986 | AdministrativeExpenses |
| End Of Year Balance | 28104138 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 33359594 | BeginningOfYearBalance |
| Contributions | 757591 | Contributions |
| Investment Earnings Or Losses | 8263867 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1350106 | GrantsOrScholarships |
| Administrative Expenses | 99125 | AdministrativeExpenses |
| End Of Year Balance | 24404087 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | .03100 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | .44700 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | .52200 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 4810073 | InvestmentCostOrOtherBasis |
| Book Value | 4810073 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 53090696 | InvestmentCostOrOtherBasis |
| Depreciation | 16769049 | Depreciation |
| Book Value | 36321647 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 11209981 | InvestmentCostOrOtherBasis |
| Depreciation | 9311811 | Depreciation |
| Book Value | 1898170 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 3369478 | InvestmentCostOrOtherBasis |
| Depreciation | 1493766 | Depreciation |
| Book Value | 1875712 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 44905602 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | BOND AND LEASE ISSUE COSTS | Description |
| Book Value | 211622 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 211622 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OPERATING LINE OF CREDIT | Description |
| Amount | $3,620,486 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 3620486 | TotalOfAmounts |
| Total Revenue | 45644590 | TotalRevenue |
| Total Expenses | 39800728 | TotalExpenses |
| Excess Or Deficit For Year | 5843862 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 4185593 | NetUnrealizedGLOnInvestments |
| Investment Expenses | 217986 | InvestmentExpenses |
| Total Adjustments | 4403579 | TotalAdjustments |
| Excess Or Deficit Per FS | 10247441 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 35668211 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 35668211 | RevenueSubtotal |
| Other Revenues Not Included | 9976379 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 9976379 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 45644590 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 34897339 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 34897339 | ExpensesSubtotal |
| Other Expenses Not Included | 4892800 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 4892800 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 39790139 | TotalExpensesPerForm990 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Pub Via Broadcast Media Expln | THE POLICY IS NOTED IN THE SCHOOL CATALOG ON THE SCHOOL WEBSITE AND IN ALL RECRUITING BROCHURES | PubViaBroadcastMediaExpln |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | false | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | true | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | EUROPE | Region |
| Number Of Offices | 1 | NumberOfOffices |
| Number Of Employees | 3 | NumberOfEmployees |
| Type Of Activities Conducted | EDUCATIONAL OPPORTUNITY | TypeOfActivitiesConducted |
| Specific Services Provided | CLASSES OFFERED | SpecificServicesProvided |
| Total Expenditures | 421653 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Offices | 1 | TotalNumberOfOffices |
| Total Number Of Employees | 3 | TotalNumberOfEmployees |
| Total Amount Spent | 421653 | TotalAmountSpent |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | false | AgreementRefFundraising |
| Licensed States | TN | LicensedStates |
| Licensed States | AL | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | BENEFIT DINNER | NameOfEvent1 |
| Gross Receipts Event1 | 1313355 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 1313355 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 103234 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 1313355 | GrossReceiptsTotal |
| Other Direct Expenses Total Events | 103234 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 103234 | DirectExpenseSummaryEvents |
| Net Income Summary | 1210121 | NetIncomeSummary |
Gaming Information GamingInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteer Labor Bingo | false | VolunteerLaborBingo |
| Volunteer Labor Pull Tabs | false | VolunteerLaborPullTabs |
| Volunteer Labor Other Gaming | false | VolunteerLaborOtherGaming |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Licensed | false | Licensed |
| License Suspended Etc | false | LicenseSuspendedEtc |
| Gaming With Nonmembers | false | GamingWithNonmembers |
| Member Of Other Entity | false | MemberOfOtherEntity |
| Contract With3rd Party For Gam Rev | false | ContractWith3rdPartyForGamRev |
| Charitable Distrib Required | false | CharitableDistribRequired |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS AND AWARDS | TypeOfGrant |
| Number Of Recipients | 1250 | NumberOfRecipients |
| Method Of Valuation | BOOK | MethodOfValuation |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | SCHOLARSHIPS ARE LISTED ON EACH STUDENT'S ACCOUNT | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
| Rebuttable Presumption Procedure | false | RebuttablePresumptionProcedure |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg |
|---|---|---|---|
| JOE A WILEY | |||
| 228600 | 21311 | 249911 | 249911 |
| MILTON R SEWELL | |||
| 151258 | 17864 | 169122 | 178403 |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer |
|---|---|---|---|---|---|
| HEALTH AND EDUCATION BOARD OF CHESTER COUNTY | |||||
| 020158218 | 2003-07-15 | 6400000 | BUILD AND EQUIP DORMITORIES | false | false |
| FIRST BANK | |||||
| 521339252 | 2005-10-06 | 6500000 | TO BUILD A NEW MEN'S DORM | false | false |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Total ProceedsTotalProceeds | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|
| 6400000 | 20000 | 6380000 | 2004 | false | false | true | true |
| 6500000 | 20000 | 6480000 | 2006 | false | false | true | true |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|
| false | false | false | false | false | true |
| false | false | false | false | false | true |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Regulatory Safe Harbor SatisfiedRegulatorySafeHarborSatisfied | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|---|
| false | false | false | false | false | false | false |
| false | false | false | false | false | false | false |
Schedule L IRS990ScheduleL
Loan Table LoanTable (27 entries)
| Purpose Of LoanPurposeOfLoan | Loan To OrganizationLoanToOrganization | Original PrincipalOriginalPrincipalAmount | Balance DueBalanceDue | DefaultDefault | Approved By BoardApprovedByBoard | Written AgreementWrittenAgreement |
|---|---|---|---|---|---|---|
| JOHN BROWN | ||||||
| 10 YEAR INTEREST FREE LOAN | X | $6,700,000 | 6700000 | false | true | true |
| TERRY CREWS | ||||||
| 10 YEAR INTEREST FREE LOAN | X | $500,000 | 500000 | false | true | true |
| MARK CASTLEBERRY | ||||||
| 10 YEAR INTEREST FREE LOAN | X | $400,000 | 400000 | false | true | true |
| TOM ANDERSON | ||||||
| 10 YEAR INTEREST FREE LOAN | X | $200,000 | 200000 | false | true | true |
| TOMMY TOWNSEND | ||||||
| 10 YEAR INTEREST FREE LOAN | X | $150,000 | 150000 | false | true | true |
| MILTON SEWELL | ||||||
| 10 YEAR INTEREST FREE LOAN | X | $100,000 | 100000 | false | true | true |
| DR LARRY BLOOMING BURG | ||||||
| 10 YEAR INTEREST FREE LOAN TO THE UNIVERSITY | X | $100,000 | 100000 | false | true | true |
| DR JOHN DODD | ||||||
| 10 YEAR INTEREST FREE LOAN | X | $100,000 | 100000 | false | true | true |
| BILL MORGAN | ||||||
| 10 YEAR INTEREST FREE LOAN | X | $100,000 | 100000 | false | true | true |
| LYNN PATTERSON | ||||||
| 10 YEAR INTEREST FREE LOAN | X | $100,000 | 100000 | false | true | true |
| ROBERT SHACKLEFORD | ||||||
| 10 YEAR INTEREST FREE LOAN | X | $200,000 | 200000 | false | true | true |
| DALE JONES | ||||||
| 10 YEAR INTEREST FREE LOAN | X | $50,000 | 50000 | false | true | true |
| JIM EDMONDS | ||||||
| 10 YEAR INTEREST FREE LOAN | X | $100,000 | 100000 | false | true | true |
| KERRY COUCH | ||||||
| 10 YEAR INTEREST FREE LOAN | X | $100,000 | 100000 | false | true | true |
| MICHAEL DEES | ||||||
| 10 YEAR INTEREST FREE LOAN | X | $100,000 | 100000 | false | true | true |
| BARRY FORTNER | ||||||
| 10 YEAR INTEREST FREE LOAN | X | $100,000 | 100000 | false | true | true |
| JIM SHAW | ||||||
| 10 YEAR INTEREST FREE LOAN | X | $200,000 | 200000 | false | true | true |
| JOHN LAW | ||||||
| 10 YEAR INTEREST FREE LOAN | X | $100,000 | 100000 | false | true | true |
| BRETT PHARR | ||||||
| 10 YEAR INTEREST FREE LOAN | X | $100,000 | 100000 | false | true | true |
| BOB SWAYNE | ||||||
| 10 YEAR INTEREST FREE LOAN | X | $100,000 | 100000 | false | true | true |
| TED WILLIAMS | ||||||
| 10 YEAR INTEREST FREE LOAN | X | $100,000 | 100000 | false | true | true |
| JOE A WILEY | ||||||
| 10 YEAR INTEREST FREE LOAN | X | $60,000 | 60000 | false | true | true |
| DWAYNE WILSON | ||||||
| 10 YEAR INTEREST FREE LOAN | X | $40,000 | 40000 | false | true | true |
| SAM JONES | ||||||
| 10 YEAR INTEREST FREE LOAN | X | $20,000 | 20000 | false | true | true |
| WAYNE SCOTT | ||||||
| 10 YEAR INTEREST FREE LOAN | X | $20,000 | 20000 | false | true | true |
| DAVE CLOUSE | ||||||
| 10 YEAR INTEREST FREE LOAN | X | $10,000 | 10000 | false | true | true |
| PHIL OLDHAM | ||||||
| 10 YEAR INTEREST FEREE LOAN | X | $50,000 | 50000 | false | true | true |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contributions | 9 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 82890 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MARKET VALUE | MethodOfDeterminingRevenues |
Real Estate Residential RealEstateResidential
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 235000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | APPRAISED VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 1 | NumberOf8283Received |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | true | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | PART VI SECTION A LINE 11A A COPY OF THE 990 IS SENT TO THE AUDIT COMMITTEE OF THE BOARD AND MADE AVAILABLE FOR ANY BOARD MEMBER THAT REQUESTS A COPY PART VI SECTION B LINE 12C AN ELECTRONIC VERSION OF THE CONFLICT OF INTEREST POLICY IS MADE AVAILABLE TO ALL BOARD MEMBERS ON THE UNIVERSITY WEBSITE ALL BOARD MEMBERS SIGN A STATEMENT ACKNOWLEDGING THE POLICY AND UNDERSTAND THERE ARE PENALTIES FOR NON-COMPLIANCE PART VI SECTION B LINE 15A & B A THE COMPENSATION FOR THE PRESIDENT OF THE UNIVERSITY WAS DECIDED ON BY A RECOMMENDATION OF THE SEARCH COMMITTEE OF THE BOARD NO OUTSIDE PAID CONSULTANTS WERE USED COMPARABILITY DATA WAS GATHERED FROM SEVERAL INSTITUTIONS BTHE COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES IS SET BY THE PRESIDENT AND HIS CABINET | Explanation |
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