2026-04-02T08:55:57-05:00 2025-05-31 272616366 EBELHAR WHITEHEAD PLLC 100 WEST THIRD STREET SUITE 200 OWENSBORO KY 42303 990 2024-06-01 610660795 BRESCIA UNIVERSITY INC BRES 2706864239 717 FREDERICA STREET OWENSBORO KY 423013023 DALE R CECIL SECRETARY/TREASURER 2706864239 2026-04-01 1 0 JOSHUA D MEYER CPA P01229485 2709262922 2024 2025-03-06 01:10:19Z MADISON SILVERT 3115 FOREST EDGE COVE OWENSBORO KY 42301 28523809 0 0928 X WWW.BRESCIA.EDU X 1950 KY CATHOLIC INSTITUTION OFFERING UNDERGRADUATE AND GRADUATE EDUCATION IN THE URSULINE TRADITION, EMPHASIZING THE LIBERAL ARTS TO PREPARE ITS STUDENTS FOR SUCCESSFUL CAREERS AND FOR SERVICE TO OTHERS. 48 43 355 44 0 0 1883902 2783975 18338062 20144101 554647 1202649 29118 15060 20805729 24145785 8122072 9235839 0 0 7740624 8573502 0 0 519042 6612559 6961371 22475255 24770712 -1669526 -624927 40884621 42185323 9975216 11159918 30909405 31025405 CATHOLIC INSTITUTION OFFERING UNDERGRADUATE AND GRADUATE EDUCATION IN THE URSULINE TRADITION, EMPHASIZING THE LIBERAL ARTS TO PREPARE ITS STUDENTS FOR SUCCESSFUL CAREERS AND FOR SERVICE TO OTHERS. 0 0 22788810 9235839 20554905 UNDERGRADUATE AND GRADUATE EDUCATION 22788810 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 623 0 1 355 1 0 0 0 0 0 0 0 0 0 0 0 0 X 48 43 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 KY X DALE R CECIL 2706864239 717 FREDERICA STREET OWENSBORO KY 42301 ALEX MATTINGLY TRUSTEE 1.00 X 0 0 0 BETH STEELE TRUSTEE 1.00 X 0 0 0 CARL GREENWELL TRUSTEE 1.00 X 0 0 0 CAROL SHIVELY TRUSTEE 1.00 X 0 0 0 CHRISTOPHER GRAFF TRUSTEE 1.00 X 0 0 0 DAVID CARROLL TRUSTEE 1.00 X 0 0 0 DIANE HATCHETT TRUSTEE 1.00 X 0 0 0 ERNIE TALIAFERRO TRUSTEE 1.00 X 0 0 0 GRANT COLLINS TRUSTEE 1.00 X 0 0 0 JEAN OWEN ALUMNI REPRESENTATIVE 1.00 X 0 0 0 JIM WEAFER TRUSTEE 1.00 X 0 0 0 JOE KIEFER TRUSTEE 1.00 X 0 0 0 JOHN MOORE TRUSTEE 1.00 X 0 0 0 JOSEPH MOORE TRUSTEE 1.00 X 0 0 0 JOSEPHINE GESSER STUDEN REPRESENTATIVE 1.00 X 0 0 0 KEITH MARTIN TRUSTEE 1.00 X 0 0 0 KEVIN CARRICO TRUSTEE 1.00 X 0 0 0 KEVIN SCHWARTZ TRUSTEE 1.00 X 0 0 0 LARK BUCKMAN TRUSTEE 1.00 X 0 0 0 LARRY CONDER TRUSTEE 1.00 X 0 0 0 LARRY HOSTETTER PRESIDENT 37.50 X X 91387 0 16747 LARRY O'BRYAN TRUSTEE EMERITUS 1.00 X 0 0 0 LAUREN PATTON TRUSTEE 1.00 X 0 0 0 MADISON SILVERT PRESIDENT 37.50 X X 0 0 0 MARTHA KELLER TRUSTEE 1.00 X 0 0 0 MICHAEL REYNOLDS TRUSTEE 1.00 X 0 0 0 NAHEED MURTAZA TRUSTEE 1.00 X 0 0 0 PATRICK CASON TRUSTEE 1.00 X 0 0 0 RICHARD BROWN TRUSTEE 1.00 X 0 0 0 RICK HIGDON TRUSTEE 1.00 X 0 0 0 ROBERT BEST TRUSTEE EMERITUS 1.00 X 0 0 0 ROBERT MITCHELL TRUSTEE 1.00 X 0 0 0 RONALD TISCH TRUSTEE EMERITUS 1.00 X 0 0 0 SHARON SULLIVAN TRUSTEE 1.00 X 0 0 0 SHAWN PATTERSON TRUSTEE 1.00 X 0 0 0 SUSAN MONTALVO-GESSER TRUSTEE 1.00 X 0 0 0 SUSIE HARRIS TRUSTEE 1.00 X 0 0 0 TERRE MCJOYNT TRUSTEE 1.00 X 0 0 0 TODD PALMER FACULTY REPRESENTATIVE 37.50 X 60476 0 4411 WANDA FIGUERO TRUSTEE 1.00 X 0 0 0 WILLIAM MEDLEY TRUSTEE 1.00 X 0 0 0 WILLIAM RUSSELL YOUNG III TRUSTEE EMERITUS 1.00 X 0 0 0 CHRIS HOUK VP OF ENROLLMENT 37.50 X 103691 0 17506 LAUREN MCCRARY VP OF EXECUTIVE AFFAIRS 37.50 X 64039 0 21978 LORI ETHERIDGE VP OF STUDENT DEVELOPMENT 37.50 X 65017 0 34579 SHANDA LARUE STAFF REPRESENTATIVE 37.50 X 52250 0 22449 SYDNEY WARREN VP OF INSTITUTIONAL ADVANC 37.50 X 22928 0 1310 AMANDA MORRIS VP OF ACADEMIC AFFAIRS 37.50 X 82706 0 4695 DALE CECIL SECRETARY/TREASURER 37.50 X 94223 0 31564 MELANIE BROOKS VP OF INSTITUTIONAL ADVANC 37.50 X 25026 0 11893 661743 0 167132 4 0 0 0 FRESH IDEAS MANAGEMENT LLC PO BOS 91337 CHICAGO IL 606931337 STUDENT FOOD SERVICE 910566 EAB PO BOX 603519 CHARLOTTE NC 28260 STUDENT RECRUITING 407297 NIGHTHAWK SECURITY LLC 2965 LOST LAKE COVE OWENSBORO KY 42303 SECURITY 115239 MATTHEW R FREEMAN 5626 WOODCREST LN OWENSBORO KY 42303 ATHLETIC REPAIRS 112244 4 643386 2140589 21237 2783975 TUITION & FEES 611600 16711990 16711990 AUXILIARY INCOME 611600 3271660 3271660 MISC STUDENT SERVICES 611600 160451 160451 20144101 786611 786611 46616 26322 20294 20294 20294 4622607 4120543 86026 502064 -86026 416038 416038 139899 145133 -5234 -5234 24145785 20554905 0 806905 9235839 9235839 987368 832809 154559 6155992 5640654 342029 173309 232345 213567 11122 7656 770745 654593 66523 49629 427052 394117 20628 12307 88220 88220 61529 61529 56849 56849 396717 356717 40000 666744 584917 81827 1060137 1060137 166920 166920 668037 668037 571196 531441 39755 1605 1605 397176 397176 1078757 1078757 377161 377161 STUDENT MEALS 903470 903470 REPAIRS & MAINTENANCE 241011 241011 BAD DEBTS 225842 225842 24770712 22788810 1462860 519042 869538 1950000 140362 100360 192293 127380 334454 747894 33850 30440 110897 148658 43461221 24212186 20592680 19249035 18362583 19490591 247964 340965 40884621 42185323 1609303 3134763 99071 121438 7899980 7443209 366862 460508 9975216 11159918 X 12286295 10862847 18623110 20162558 30909405 31025405 40884621 42185323 -624927 740927 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17456237 172876 1944901 641584 210912 166639 18554879 15199815 270519 2727396 428884 168954 143655 17456237 15810952 73518 29690 419720 153991 140634 15199815 17399766 518300 -1160976 699673 92973 153492 15810952 13465792 438264 3937796 320818 32851 88417 17399766 0.02580 0.65810 0.31610 0 0 30764546 15564099 15200447 6218443 5294121 924322 6478232 3353966 3124266 19249035 ASSET RETIREMENT OBLIGATION 149410 OPERATING LEASE LIABILITIES 311098 460508 X 14552963 740927 93485 -819610 14802 14538161 53767 9553857 9607624 24145785 15743228 93485 26322 119807 15623421 53767 9093524 9147291 24770712 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS ARE INTENDED TO BE USED FOR SCHOLARSHIPS, CAMPUS MAINTENANCE, AND ACADEMIC CHAIRS. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND A SIMILAR PROVISION OF STATE LAW. HOWEVER, THE UNIVERSITY IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. THE UNIVERSITY IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION. THE UNIVERSITY IS CLASSIFIED AS A PUBLIC CHARITY QUALIFIED FOR CHARITABLE CONTRIBUTIONS UNDER IRC SECTION 170. THE UNIVERSITY FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. WITH A FEW EXCEPTIONS, THE UNVERSITY IS NO LONGER SUBJECT TO U.S. FEDERAL EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 26,322. INVESTMENT RETURN, NET OF AMOUNTS APPROPRIATED FOR OPERATING ACTIVITIES -991,065. COST OF GOODS SOLD 145,133. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION REMISSION/SCHOLARSHIP 9,235,839. NON-OPERATING CONTRIBUTIONS AND PRIVATE GRANTS 404,044. LOSS ON DISPOSAL OF FIXED ASSETS -86,026. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 26,322. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION REMISSION/SCHOLARSHIP 9,235,839. ADJUSTMENT IN RESERVE FOR STUDENT LOANS 2,818. COST OF GOODS SOLD -145,133. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 CATALOG AND SOLICITATION MATERIAL HAVE STATEMENTS REGARDING NONDISCRIMINATION. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES ASSISTANCE FROM TITLE IV FINANCIAL AID AND TRIO GRANT. 1 EDUCATIONAL SCHOLARSHIPS/GRANTS 539 9235839 PART I, LINE 2: THE UNIVERSITY FINANCIAL AID OFFICE AWARDS GRANTS BASED ON DOE TITLE IV REGULATIONS AND UNIVERSITY APPROVED POLICIES. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION WILL DISTRIBUTE A DRAFT OF THE FORM 990 VIA E-MAIL TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES WHICH REPRESENTS THE CHAIR OF EACH OF THE BOARD COMMITTEES, PREVIOUS BOARD CHAIR, BISHOP OF DIOCESE OF OWENSBORO, AND THE CONGREGATIONAL LEADER OF ST. JOSEPH FEMALE URSULINE ACADEMY. FORM 990, PART VI, SECTION B, LINE 12C ANY TRANSACTIONS/DECISIONS THAT COULD HAVE POTENTIAL CONFLICT ARE MONITORED BY THE PRESIDENT, CABINET AND BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S TOP MANAGEMENT OFFICIALS AND OTHER KEY EMPLOYEES RECEIVED A COMPENSATION REVIEW IN 2023 BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC.