MARANATHA BAPTIST UNIVERSITY INC: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization: MARANATHA BAPTIST UNIVERSITY INC (EIN 39-1097032)
Tax period: 2009-07-01 to 2010-06-30
Filed: 2011-05-13
IRS object ID: 201141339349303164
Schema version: 2009v1.4
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 G
Schedule I
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-05-13T12:45:04-00:00	Timestamp
Tax Period End Date	2010-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Corey A Pfaffe CPA LLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	611 OConnell St	AddressLine1
City	Watertown	City
State	WI	State
ZIP Code	53094	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2009-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	391097032	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	MARANATHA BAPTIST BIBLE COLLEGE INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	MARA	NameControl
Phone	9202062314	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	745 WEST MAIN STREET	AddressLine1
City	WATERTOWN	City
State	WI	State
ZIP Code	530947638	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Mark Stevens	Name
Title	VPBusiness Affairs	Title
Date Signed	2011-05-11	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Corey A Pfaffe	Name
Phone	9202617012	Phone
Date Prepared	2011-05-13	DatePrepared
Self Employed	X	SelfEmployed

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	MR MARK STEVENS	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	745 WEST MAIN STREET	AddressLine1
City	WATERTOWN	City
State	WI	State
ZIP Code	53094	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	14249782	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	WWW.MBBC.EDU	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1968	YearFormation
State Legal Domicile	WI	StateLegalDomicile
Activity Or Mission Description	THE COLLEGE TRAINS MEN AND WOMEN FOR EFFECTIVE GOSPEL MINISTRY IN THE LOCAL CHURCH THROUGH A HIGHER EDUCATIONAL PROGRAM OF BIBLICAL, GENERAL, AND PROFESSIONAL STUDIES.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	20	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	19	NbrIndependentVotingMembers
Total Nbr Employees	766	TotalNbrEmployees
Total Nbr Volunteers	21	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	590832	ContributionsGrantsPriorYear
Contributions Grants Current Year	600493	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	12735647	ProgramServiceRevenuePriorYear
Program Service Revenue CY	12883928	ProgramServiceRevenueCY
Investment Income Prior Year	24241	InvestmentIncomePriorYear
Investment Income Current Year	4397	InvestmentIncomeCurrentYear
Other Revenue Prior Year	-39386	OtherRevenuePriorYear
Other Revenue Current Year	561999	OtherRevenueCurrentYear
Total Revenue Prior Year	13311334	TotalRevenuePriorYear
Total Revenue Current Year	14050817	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	495587	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	466995	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	448610	SalariesEtcPriorYear
Salaries Etc Current Year	8361630	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	159240	TotalFundrsngExpCurrentYear
Other Expense Prior Year	12969489	OtherExpensePriorYear
Other Expenses Current Year	5333324	OtherExpensesCurrentYear
Total Expenses Prior Year	13913686	TotalExpensesPriorYear
Total Expenses Current Year	14161949	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-602352	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-111132	RevenuesLessExpensesCY
Total Assets BOY	22460425	TotalAssetsBOY
Total Assets EOY	21794624	TotalAssetsEOY
Total Liabilities BOY	12957456	TotalLiabilitiesBOY
Total Liabilities EOY	12612486	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	9502969	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	9182138	NetAssetsOrFundBalancesEOY
Mission Description	THE COLLEGE TRAINS MEN AND WOMEN FOR EFFECTIVE GOSPEL MINISTRY IN THE LOCAL CHURCH THROUGH A HIGHER EDUCATIONAL PROGRAM OF BIBLICAL, GENERAL, AND PROFESSIONAL STUDIES.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	11480723	Expense
Grants	466995	Grants
Revenue	13450324	Revenue
Description	THE SOLE PROGRAM SERVICE ACTIVITY IS THE OPERATION OF A BIBLE COLLEGE AND HIGH SCHOOL 900 STUDENTS. ALL ACTIVITIES ARE DIRECTLY RELATED TO THIS PURPOSE. THE COLLEGE PRINTS PROMOTIONAL MATERIALS, A COURSE CATALOG, AND TWO EDITIONS OF A MAGAZINE ANNUALLY.	Description
Total Program Service Expense	11480723	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	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	true	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	true	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	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	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	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	28	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	766	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	true	QuidProQuoContributions
Quid Pro Quo Disclosure	true	QuidProQuoDisclosure
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Form8899 Filed	false	Form8899Filed
Form1098 C Filed	false	Form1098CFiled
Excess Business Holdings	false	ExcessBusinessHoldings
Taxable Distributions	false	TaxableDistributions
Distribution To Donor	false	DistributionToDonor
Filed Lieu1041	false	FiledLieu1041
Nbr Voting Governing Body Members	20	NbrVotingGoverningBodyMembers
Number Independent Voting Members	19	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	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	false	ConflictOfInterestPolicy
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	WI	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	MR MARK STEVENS	NamePerson
Telephone Number	9202062314	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	745 WEST MAIN STREET	AddressLine1
City	WATERTOWN	City
State	WI	State
ZIP Code	53094	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (21 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
DR MARTY MARRIOTT--PT YEAR TRUSTEE
TREASURER/PRESIDENT	020.00	X	X	0	0	0
MR MARK STEVENS
VP BUSINESS AFFAIRS	040.00		X	61440	0	30890
DR DOUG JACKSON
CHAIRMAN	002.00	X		0	0	0
MR MICHAEL DEAN
VICE-CHAIRMAN	002.00	X		730	0	0
DR ROBERT LOGGANS
SECRETARY	002.00	X		0	0	0
MR JAMES HUIZINGA
TREASURER	002.00	X		0	0	0
DR RON ALLEN
TRUSTEE	002.00	X		0	0	0
MR DARRELL BEERNINK
TRUSTEE	002.00	X		0	0	0
DR GREG MCLAUGHLIN
TRUSTEE	002.00	X		0	0	0
DR WILLIAM LINCOLN
TRUSTEE	002.00	X		0	0	0
MR KEVIN AMES SR
TRUSTEE	002.00	X		0	0	0
DR MICHAEL STOLTENBERG
TRUSTEE	002.00	X		0	0	0
DR JOHN MCLARIO
TRUSTEE	002.00	X		0	0	0
DR DALE OSKEY
TRUSTEE	002.00	X		0	0	0
MR STEVEN BOARD
TRUSTEE	002.00	X		0	0	0
MR MARK POORMAN
TRUSTEE	002.00	X		0	0	0
DR TIM RADER
TRUSTEE	002.00	X		0	0	0
DR ANDY COUNTERMAN
TRUSTEE	002.00	X		0	0	0
DR ERIC LOMAX
TRUSTEE	002.00	X		0	0	0
MR JOHN PHILLIPS
TRUSTEE	002.00	X		0	0	0
MR DAVID BALDWIN
TRUSTEE	002.00	X		0	0	0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	62170	TotalReportableCompFromOrg
Total Other Compensation	30890	TotalOtherCompensation
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation

Name Of Contractor NameOfContractor

Field	Value	IRS element (for citing)
Name Person	Pioneer College Caterers Inc	NamePerson

Address Of Contractor AddressOfContractor

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	303 Glenrose Avenue	AddressLine1
City	Nashville	City
State	TN	State
ZIP Code	37210	ZIPCode

Field	Value	IRS element (for citing)
Description Of Services	Food Service	DescriptionOfServices
Compensation	867199	Compensation

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	1	NumberOfContractorsGT100K
Fundraising Events	21769	FundraisingEvents
All Other Contributions	578724	AllOtherContributions
Total Contributions	600493	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
TUITION AND FEES	900099	9118170	9118170
ROOM AND BOARD	721310	3124320	3124320
DAYCARE/PRESCHOOL	624410	511459	511459
ATHLETIC CAMPS	713990	80895	80895
PIANO STRING PREPARATORY	711190	49084	49084

Field	Value	IRS element (for citing)
Total Program Service Revenue	12883928	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	4397	TotalRevenueColumn
Exclusion	$4,397	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	10261	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	21769	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	10261	FundraisingDirectExpenses
Gross Sales Of Inventory	178762	GrossSalesOfInventory
Cost Of Goods Sold	188704	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	-9942	TotalRevenueColumn
Related Or Exempt Function Income	-9942	RelatedOrExemptFunctionIncome

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
DOUBTFUL ACCOUNTS RECOVERY	900099	318	318
MISCELLANEOUS	900099	571623	571623

Field	Value	IRS element (for citing)
Total Other Revenue	571941	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	14050817	TotalRevenueColumn
Related Or Exempt Function Income	13445927	RelatedOrExemptFunctionIncome
Exclusion	$4,397	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	466995	Total
Program Services	466995	ProgramServices

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	132538	Total
Management And General	132538	ManagementAndGeneral

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	5712546	Total
Program Services	4668778	ProgramServices
Management And General	1043768	ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	0	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	2516546	Total
Program Services	2039364	ProgramServices
Management And General	477182	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	3129	Total
Management And General	3129	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	19500	Total
Management And General	19500	ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Field	Value	IRS element (for citing)
Fees For Services Prof Fundraising		FeesForServicesProfFundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	0	Total

Advertising Advertising

Field	Value	IRS element (for citing)
Total	19595	Total
Program Services	19595	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	0	Total

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	285189	Total
Program Services	97628	ProgramServices
Management And General	187561	ManagementAndGeneral

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	535224	Total
Program Services	535224	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	0	Total

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	0	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	658308	Total
Management And General	658308	ManagementAndGeneral

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	774687	Total
Program Services	774687	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	0	Total

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	FundraisingFundraising
Instruction	1122179	1122179
Academic Support	217522	217522
Student Services	515693	515693
Institutional Support	558958	399718	159240
Room Board, Camps, Daycare, Other	623340	623340

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	0	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	14161949	Total
Program Services	11480723	ProgramServices
Management And General	2521986	ManagementAndGeneral
Fundraising	159240	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	1084590	BOY
EOY	618149	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	1289861	BOY
EOY	22736	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	50275	BOY
EOY	81048	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	22148	BOY
EOY	19952	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	58711	BOY
EOY	55699	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	69052	BOY
EOY	25599	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	27664139	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	10042477	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	18268870	BOY
EOY	17932680	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
EOY	1398677	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	1616918	BOY
EOY	1640084	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	22460425	BOY
EOY	21794624	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	358072	BOY
EOY	125503	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	10826	BOY
EOY	20813	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	11087863	BOY
EOY	10602778	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	1500695	BOY
EOY	1863392	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	12957456	BOY
EOY	12612486	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	8166130	BOY
EOY	7824103	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	1146974	BOY
EOY	1147066	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	189865	BOY
EOY	210969	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	9502969	BOY
EOY	9182138	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	22460425	BOY
EOY	21794624	EOY

Field	Value	IRS element (for citing)
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	true	FederalGrantAuditRequired
Federal Grant Audit Performed	true	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School170b1 Aii	X	School170b1Aii
Public Support Pertcentage170	0.00000	PublicSupportPertcentage170
Public Support Percentage509	0.00000	PublicSupportPercentage509
Investment Income Percentage	0.00000	InvestmentIncomePercentage

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

Field	Value	IRS element (for citing)
Included On FS	false	IncludedOnFS

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	1336839	BeginningOfYearBalance
Contributions	520675	Contributions
Investment Earnings Or Losses	145752	InvestmentEarningsOrLosses
Grants Or Scholarships	33870	GrantsOrScholarships
Other Expenditures	481600	OtherExpenditures
Administrative Expenses	129760	AdministrativeExpenses
End Of Year Balance	1358036	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	1358479	BeginningOfYearBalance
Contributions	516354	Contributions
Investment Earnings Or Losses	-70268	InvestmentEarningsOrLosses
Other Expenditures	467727	OtherExpenditures
End Of Year Balance	1336838	EndOfYearBalance

Field	Value	IRS element (for citing)
Permanent Endowment EOY Balance	0.16000	PermanentEndowmentEOYBalance
Term Endowment EOY Balance	0.84000	TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs

Land Land

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	117000	InvestmentCostOrOtherBasis
Book Value	117000	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	27547139	OtherCostOrOtherBasis
Depreciation	10042477	Depreciation
Book Value	17815680	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	17932680	TotalOfBookValueLandBuildings

Other Assets OtherAssets (2 entries)

DescriptionDescription	Book ValueBookValue
LIBRARY HOLDINGS	1478475
NET CAPITALIZED CLOSING COSTS	161609

Field	Value	IRS element (for citing)
Total Book Value Other Assets	1640084	TotalBookValueOtherAssets

Other Liabilities OtherLiabilities (7 entries)

DescriptionDescription	AmountAmount
ACCRUED SALARIES WAGES	$184,817
CLAIMS PAYABLE	$62,269
DEFERRED COMPENSATION PAYABLE	$85,577
DERIVATIVE LIABILITY	$1,196,593
STUDENT AGENCY FUNDS	$22,017
STUDENT DEPOSITS	$312,121
ADJUSTMENT	-$2

Field	Value	IRS element (for citing)
Total Of Amounts	1863392	TotalOfAmounts
Total Revenue	14050817	TotalRevenue
Total Expenses	14161949	TotalExpenses
Excess Or Deficit For Year	-111132	ExcessOrDeficitForYear
Net Unrealized GL On Investments	152754	NetUnrealizedGLOnInvestments
Other	-$362,452	OtherAmount
Total Adjustments	-209698	TotalAdjustments
Excess Or Deficit Per FS	-320830	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	14370505	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	152754	NetUnrealizedGainsInvestments
Other Revenues	188704	OtherRevenues
Revenue Not Rptd F990	341458	RevenueNotRptdF990
Revenue Subtotal	14029047	RevenueSubtotal
Other Revenues Not Included	21770	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	21770	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	14050817	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	14691337	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	551156	OtherExpensesIncluded
Expenses Not Rptd F990	551156	ExpensesNotRptdF990
Expenses Subtotal	14140181	ExpensesSubtotal
Total Expenses Per Form990	14140181	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
XI	8	Loss on Derivative Valuation
V	4	--- IN ACCORDANCE WITH DONOR RESTRICTIONS, THE FUNDS WILL BE USED FOR THESE INTENDED PURPOSES SCHOLARSHIPS, ALUMNI FUNDS, BUILDERS CLUB PROJECTS, BUILDINGS, GROUNDS, EQUIPMENT, ATHLETICS, AUDITORIUM CAPITAL CAMPAIGN, AND CARING FOR OUR STUDENTS.
XII	2D	--- BOOKSTORE AND COFFEE SHOP EXPENSES OF 114,540 AND 74,164, RESPECTIVELY, ARE REPORTED AS EXPENDITURES ON THE AUDITED STATEMENT OF ACTIVITIES.
XII	4B	--- CONTRIBUTIONS OF 21,769 FROM THE GOLF OUTING ARE NETTED IN INSTITUTIONAL SUPPORT EXPENSES IN THE AUDITED FINANCIAL STATEMENTS.
XIII	2D	--- BOOKSTORE AND COFFEE SHOP EXPENSES OF 144,540 AND 74,164, RESPECTIVELY, ARE REPORTED AS EXPENDITURES ON THE AUDITED STATEMENT OF ACTIVITIES.
XIII	2D	--- A LOSS FROM DERIVATIVE OF 362,452 IS REPORTED ON THE AUDITED STATEMENT OF ACTIVITIES.

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	PERIODIC NEWSPAPER ADS DISCLOSE THE POLICY TO COMPLEMENT WEBSITE COMMUNICATION	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 G IRS990ScheduleG

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	GOLF OUTING	NameOfEvent1
Gross Receipts Event1	32030	GrossReceiptsEvent1
Charitable Contributions Event1	21769	CharitableContributionsEvent1
Gross Revenue Event1	10261	GrossRevenueEvent1
Food And Beverage Event1	4707	FoodAndBeverageEvent1
Other Direct Expenses Event1	5554	OtherDirectExpensesEvent1
Gross Receipts Total	32030	GrossReceiptsTotal
Charitable Contributions Total	21769	CharitableContributionsTotal
Gross Revenue Total Events	10261	GrossRevenueTotalEvents
Food And Beverage Total Events	4707	FoodAndBeverageTotalEvents
Other Direct Expenses Total Events	5554	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	10261	DirectExpenseSummaryEvents

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	TUITION SCHOLARSHIPS	TypeOfGrant
Number Of Recipients	451	NumberOfRecipients
Amount Of Cash Grant	466995	AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	I	Identifier
Return Reference	2	ReturnReference
Explanation	THE INSTITUTIONS SCHOLARSHIP COMMITTEE AWARDS SCHOLARSHIPS ON A NON-DISCRIMINATORY BASIS,	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Form 990 VI	11A	--- THE 990 IS REVIEWED INTERNALLY BY THE CONTROLLER AND VP OF BUSINESS AFFAIRS.
Form 990 VII	1A	--- DR MARTY MARRIOTT WAS THE BOARD OF TRUSTEE TREASURER OF THE EXECUTIVE COMMITTEE UNTIL JANUARY 2010, AT WHICH TIME MARRIOTT BECAME PRESIDENT OF THE COLLEGE AND MR JAMES HUIZINGA BECAME TREASURER.