2011-12-13T17:24:38-06:00 2011-05-31 BLUE & CO LLC 301 EAST MAIN STREET SUITE 1100 LEXINGTON KY 40507 990 2010-06-01 610510937 KENTUCKY CHRISTIAN UNIVERSITY KENT 6064743234 100 ACADEMIC PARKWAY GRAYSON KY 41143 BILL BONDURANT 6064743234 2011-12-13 1 RICHARD C SHIELDS 8592531100 2011-12-13 2010 2016-02-24 21:20:13Z BILL BONDURANT 100 ACADEMIC PARKWAY GRAYSON KY 41143 16201077 0 X WWW.KCU.EDU X 1919 KY HIGHER EDUCATION FOR CHRISTIAN LEADERSHIP AND SERVICE IN THE CHURCH AND IN PROFESSIONS. 16 15 451 20 7781 -2234 3831624 3484178 7209266 7498040 335240 295157 3579122 3783713 14955252 15061088 4628333 4720563 0 0 3878861 4618189 0 0 385360 5933005 5208630 14440199 14547382 515053 513706 28059391 29027069 10552265 10146733 17507126 18880336 THE MISSION OF KENTUCKY CHRISTIAN UNIVERSITY IS TO EDUCATE STUDENTS FOR CHRISTIAN LEADERSHIP AND SERVICE IN THE CHURCH AND IN PROFESSIONS THROUGHOUT THE WORLD. 0 0 10960696 4720563 11381320 FULL AND PART-TIME UNIVERSITY STUDENT EDUCATION INCLUDING TEACHING, TRAINING, ATHLETICS, LIVING FACILITIES, AND STUDENT FINANCIAL AID. 505 FULL TIME EQUIVALENT STUDENTS. 10960696 1 1 0 0 0 0 0 0 1 1 1 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 94 0 1 451 1 1 1 0 0 0 0 0 0 0 0 0 X 16 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 KY X X THE ORGANIZATION 6064743234 100 ACADEMIC PARKWAY GRAYSON KY 41143 JEFFREY K METCALF 40.00 X X 116036 0 0 DAVID BOWERS 2.00 X 0 0 0 GLIMA HALL 2.00 X X 0 0 0 DR JERRY SANDERS 2.00 X X 0 0 0 BARRY TAYLOR 2.00 X 0 0 0 LARRY TUMBLIN 2.00 X X 0 0 0 TOMMY BAKER 2.00 X 0 0 0 JOHN GARNES 2.00 X 0 0 0 JEFFREY HUGUS 2.00 X 0 0 0 KENNETH PERKINS III 2.00 X X 0 0 0 NINA YANCEY 2.00 X 0 0 0 STUART SHEPARD 2.00 X 0 0 0 JOHN WELSH 2.00 X 0 0 0 JON GLISTA 2.00 X 0 0 0 JOE ELLISON 2.00 X 0 0 0 ROBERT WATERS 2.00 X 0 0 0 116036 0 0 1 0 0 0 PIONEER COLLEGE CATERERS 12351 W 96TH TERRACE SUITE 204 LENEXA KS 66215 FOODSERVICE 735170 UNIVERSITY TELCOM INC 611 N CAROL MALONE BLVD GRAYSON KY 41143 PHONE AND INTERNET 255209 2 2354230 1129948 101125 3484178 STUDENT TUITION & FEES 611600 7498040 7498040 7498040 187809 187809 1005075 897727 107348 107348 107348 364298 242262 122036 122036 LIVING FACILITIES 721310 1373998 1373998 DINING FACILITIES 722320 1079881 1079881 NON STUDENT FEES 900099 582773 582773 625025 617244 7781 3661677 15061088 11381320 7781 187809 4720563 4720563 116036 116036 3697238 3085602 426880 184756 673630 532985 115107 25538 131285 74972 41533 14780 1192636 528276 664360 21080 21080 116293 71904 30954 13435 223263 55164 168099 653679 321719 331960 245138 241962 3176 397898 397898 876306 628838 206545 40923 194742 194742 REPAIRS AND MAINTENANCE 233410 157835 75575 MISCELLANEOUS 142122 55517 86605 HONORARIUMS 137865 137865 OTHER SUPPLIES 135952 28286 1738 105928 BAD DEBTS 109752 109752 528494 298128 230366 14547382 10960696 3201326 385360 113101 268352 467681 358793 114364 58942 68626 93376 131854 115906 34863434 16240525 19110266 18622909 6141330 7606383 1912169 1902408 28059391 29027069 309179 351391 956108 900371 7855657 7447950 1431321 1447021 10552265 10146733 X 11974801 12677957 952928 1433947 4579397 4768432 17507126 18880336 28059391 29027069 X 513706 859504 X 0 1 0 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4353723 104418 820902 287142 4991901 3820389 240106 597597 304369 4353723 3878598 60891 98076 217176 3820389 0 0 1300580 1300580 24317136 9177762 15139374 1481625 201606 1280019 6447209 5847720 599489 1316884 1013437 303447 18622909 SAVINGS & MONEY MARKET ACCOUNTS 1216170 F BOND INVESTMENTS 632139 F COMMON STOCK 2610680 F COMMONFUND 2828622 F REAL ESTATE 293500 F OTHER 25272 F 7606383 DUE FROM RELATED PARTY (HILLCREST BURIAL PARK, INC.) 10154 DEBT ISSUANCE COSTS 59767 RELATED PARTY NOTES RECEIVABLE 71778 BENEFICIAL INTEREST IN PERPETUAL TRUST 869878 STUDENT LOANS RECEIVABLE 890831 1902408 DEPOSITS 45800 FEDERAL STUDENT LOAN FUNDS 977990 ANNUITIES PAYABLE 216845 OBLIGATIONS UNDER CAPITAL LEASES 10874 DEFERRED COMPENSATION 195512 1447021 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: KCU MAINTAINS THE CORPUS OF ITS ENDOWMENT FUNDS IN PERPETUITY. INVESTMENT INCOME FROM ENDOWMENT FUNDS IS CONSIDERED UNRESTRICTED UNLESS SPECIFIED BY THE DONOR. THE INCOME FROM THE ENDOWMENT FUNDS IS USED FOR VARIOUS ADMINISTRATIVE EXPENSES AS NEEDED. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 KY CHRISTIAN UNIVERSITY INCLUDES A STMT RE THE UNIVERSITY'S RACIALLY NONDISCRIMINATORY POLICIES IN ALL PRINT, RADIO & TV MEDIA. EVERY ATTEMPT IS MADE TO COMMUNICATE THE UNIVERSITY'S RACIALLY NONDISCRIMINATORY POLICIES DURING ALL ACTIVITIES. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES GRANT FUNDING FROM FEDERAL AGENCIES WHICH PAY A PORTION OF THE TUITION FOR ELIGIBLE STUDENTS. 1 SCHOLARSHIPS AND GRANT FUNDS USED FOR TUITION AND RELATED FEES. 545 4720563 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE UNIVERSITY HAS A SPECIFIC DEPARTMENT RELATED TO STUDENT FINANCIAL AID THAT TRACKS ALL SCHOLARSHIPS AND GRANT FUNDS DISBURSED TO STUDENTS. CITY OF GRAYSONKENTUCKY 2002-12-06 6490000 TO PAY OFF PREVIOIUS BONDS-CONSTRUCTION OF CLASSROOMS, DORMS, ETC. 0 0 0 CITY OF GRAYSONKENTUCKY 2007-08-01 1750000 FINANCE THE COST OF IMPROVEMENT TO EDUCATIONAL FACILITIES BUILDINGS 0 0 0 6425100 2646850 64900 1 0 0 1 1750000 28500 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 X 2 101125 FAIR VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF THE FORM 990 WILL BE SENT TO THE FINANCE COMMITTEE MEMBERS FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER IS REQUIRED TO SUBMIT A STATEMENT TO THE UNIVERSITY, DISCLOSING ANY CONFLICTS TO THE UNIVERSITY EACH YEAR. KCU MANAGEMENT IS ALSO MINDFUL OF ANY POTENTIAL CONFLICTS AND THEY ARE DEALT WITH AS THEY ARISE. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT'S HIRING WAS CONDUCTED BY A SEARCH COMMITTEE AND COMPENSATION ARRANGEMENTS ARE APPROVED BY THE BOARD OF TRUSTEES PRIOR TO EXECUTION OF THE CONTRACT. FORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 IS AVAILABLE UPON REQUEST AND ON GUIDESTAR. THE FORM 990-T AND FORM 1023 ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 770,318. ADJUSTMENT OF ACTUARIAL LIABILITY FOR ANNUITIES PAYABLE 4,569. CHANGE IN PRESENT VALUE OF BENEFICIAL TRUST 84,617. TOTAL TO FORM 990, PART XI, LINE 5: 859,504. UNIVERSITY TELCOM INC 611 N CAROL MALONE BLVD GRAYSON KY 41143 611350176 TECHNOLOGY SERVICES KY N/A C 19168 216667 1.00000 HILLCREST BURIAL PARK INC 100 ACADEMIC PARKWAY GRAYSON KY 41143 610656503 BURIAL PARK KY N/A C 1.00000 1 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 UNIVERSITY TELCOM A 6000 CASH HILLCREST BURIAL GARDEN D 10154 CASH UNIVERSITY TELCOM L 253313 CASH