2026-05-15T17:43:15+00:00 2025-06-30 346565596 ERNST & YOUNG US LLP 55 IVAN ALLEN JR BOULEVARD ATLANTA GA 30308 990 2024-07-01 580566243 Spelman College SPEL 4046813643 350 SPELMAN LANE SW ATLANTA GA 30314 DAWN ALSTON CFO & VP OF BUS & FINANCIAL AFFAIRS 4046813643 2026-05-15 true Aerrial M Orr P01598400 4048748300 2026-05-14 2024 2025-03-06 01:10:19Z DAWN ALSTON 350 SPELMAN LANE SW ATLANTA GA 30314 544412975 false X WWW.SPELMAN.EDU X 1881 GA SPELMAN COLLEGE, A HISTORICALLY BLACK COLLEGE AND GLOBAL LEADER IN THE EDUCATION OF WOMEN OF AFRICAN DESCENT, IS DEDICATED TO THE ACADEMIC EXCELLENCE OF ITS STUDENTS. 27 26 1585 800 339603 58835 134904040 43952012 111199806 116111007 41688146 12689438 630173 1271085 288422165 174023542 28649995 30501853 0 0 88211104 83343183 35000 21000 8066546 54573451 72499643 171469550 186365679 116952615 -12342137 993511573 1030254800 65693878 66170015 927817695 964084785 X SEE SCHEDULE O false false 111436775 30501853 86944008 INSTRUCTION, STUDENT SERVICES, AND ACADEMIC SUPPORT FOUNDED IN 1881, SPELMAN COLLEGE IS A PRIVATE, NONPROFIT INSTITUTION OF HIGHER EDUCATION BASED IN ATLANTA, GEORGIA. THE COLLEGE IS ACCREDITED BY THE COMMISSION ON COLLEGES OF THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS AND PROVIDES QUALITY LIBERAL ARTS EDUCATION AND TRAINING SERVICES FOR APPROXIMATELY 2,500 UNDERGRADUATE STUDENTS. IN ADDITION, THE COLLEGE MAINTAINS SPECIAL PROGRAMS SUCH AS CONTINUING EDUCATION, SUMMER SCIENCE AND DUAL DEGREES IN ENGINEERING. SPELMAN COLLEGE ALSO PROVIDES A DYNAMIC AND INTERACTIVE CAMPUS COMMUNITY WITH A VARIETY OF DIVERSE PROGRAMS AND SERVICES DESIGNED TO ENHANCE THE PERSONAL GROWTH AND DEVELOPMENT OF ITS STUDENTS. ACADEMIC SUPPORT SERVICES INCLUDES DEPARTMENTS THAT PROVIDE TUTORING AND ACADEMIC SUPPORT PROGRAMS. ACADEMIC SUPPORT SERVICES ALSO PARTNERS WITH THE STUDENT SUCCESS PROGRAM, WHICH PROVIDES COURSE SUPPORT FOR STUDENTS TO MASTER COURSE CONTENT AND ULTIMATELY ATTAIN THEIR ACADEMIC GOALS. 27118587 0 30438084 AUXILIARY ENTERPRISES AS A RESIDENTIAL LIBERAL ARTS COLLEGE, SPELMAN COLLEGE PROVIDES ON CAMPUS HOUSING FOR APPROXIMATELY 1,400 STUDENTS. SPELMAN ALSO PROVIDES DINING SERVICES TO ITS RESIDENTIAL STUDENTS, AS WELL AS COMMUTER STUDENTS, FACULTY, STAFF AND OTHERS. SPELMAN OPERATES A 500 SPACE PARKING DECK FOR FACULTY, STAFF, AND STUDENTS. ADDITIONALLY, SPELMAN OFFERS A VARIETY OF SUMMER CONFERENCES FOR HIGH SCHOOL STUDENTS AND OTHER INTERESTED STUDENTS. 6704757 0 0 RESEARCH SPELMAN COLLEGE PERFORMS RESEARCH, TRAINING, AND OTHER SIMILAR SERVICES UNDER GRANTS WITH GOVERNMENTAL AGENCIES OR SPONSORING ORGANIZATIONS. 278407 0 0 PUBLIC SERVICE 278407 145538526 true true false true false false false true false true true true false false true true false true true false true true false true false false false true true true true false false false false false false false false true false true true false false false true true true false false true 5286 0 true 1585 true true true false false false false false false false false false false false X 27 26 false false false false false false false true true false false false true true true true true true true true false false GA NY X DAWN ALSTON 4042705077 350 SPELMAN LANE SW ATLANTA GA 30314 Gwendolyn Adams Norton Secretary 2.0 0.0 X X 0 0 0 Helene Gayle President (thru 11/21/2024) 35.0 35.0 X X 1985537 0 42959 Lovette Twyman Russell Chair 2.0 0.0 X X 0 0 0 Ronda E Stryker Vice-Chair 2.0 0.0 X X 0 0 0 Rosalind G Brewer Interim President/Chair Emerita 35.0 1.0 X X 0 0 36876 Allegra Lawrence-Hardy Trustee 2.0 0.0 X 0 0 0 Bonnie Shelton Carter Trustee 2.0 0.0 X 0 0 0 Cara Johnson Hughes Trustee 2.0 0.0 X 0 0 0 Carmen D Harris Trustee 2.0 0.0 X 0 0 0 Cheryl Mayberry McKissack Trustee 2.0 0.0 X 0 0 0 Claire Arnold Trustee 2.0 0.0 X 0 0 0 Colleen J Taylor Trustee 2.0 0.0 X 0 0 0 Cynthia E Jackson Trustee 2.0 0.0 X 0 0 0 Danielle Dickens Faculty Representative 2.0 0.0 X 118122 0 25118 Daria Valentine Alumna Representative 2.0 0.0 X 0 0 0 Elizabeth McCormack Trustee 2.0 0.0 X 0 0 0 G G Michelson Trustee 2.0 0.0 X 0 0 0 Helen Smith Price Trustee 2.0 0.0 X 0 0 0 Janine Brown Trustee 2.0 0.0 X 0 0 0 June Gary Hopps Trustee 2.0 0.0 X 0 0 0 Kamau Bobb PHD Trustee 2.0 0.0 X 0 0 0 Kathy N Waller Trustee 2.0 1.0 X 0 0 0 Kaye Foster Trustee 2.0 0.0 X 0 0 0 Keon T Holmes CFA Trustee 2.0 0.0 X 0 0 0 Lawrence M Schall Trustee 2.0 0.0 X 0 0 0 Loren K Robinson MD MSHP Trustee 2.0 0.0 X 0 0 0 Marian Wright Edelman Trustee 2.0 0.0 X 0 0 0 Pauletta Pearson Washington Trustee 2.0 0.0 X 0 0 0 Peggy Dulany Trustee 2.0 0.0 X 0 0 0 Russell Edgerton PHD Trustee 2.0 0.0 X 0 0 0 Sherina Maye Edwards Alumna Trustee 2.0 0.0 X 0 0 0 Simone Moales Student Representative 2.0 0.0 X 0 0 0 Susan Dunn Trustee 2.0 0.0 X 0 0 0 Suzanne F Shank Trustee 2.0 0.0 X 0 0 0 Theodore R Aronson Trustee 2.0 1.0 X 0 0 0 Vicki Palmer Trustee 2.0 0.0 X 0 0 0 Yvonne R Jackson Trustee 2.0 0.0 X 0 0 0 Zoe Shepard Student Trustee 2.0 0.0 X 0 0 0 Barbara Miller VP Communications & External Relations 35.0 0.0 X 103515 0 22090 Darryl Holloman VP of Academic Affairs 35.0 0.0 X 215890 0 46483 Dawn Alston CFO and SVP of Business and Financial Affairs 35.0 0.0 X 334109 0 50828 Ingrid Hayes SVP of Enrollment Management 35.0 0.0 X 262124 0 45270 John Wilson VP and Chief Information Officer 35.0 0.0 X 227188 0 48162 Marissa Pace Assoc VP Business & Financial Affairs (thru 4/15/2025) 35.0 0.0 X 199153 0 6800 Mark Lee Sr VP Academic Affairs 35.0 0.0 X 118450 0 35653 Myra Burnett VP Institutional Resarch 35.0 0.0 X 239823 0 32597 Pamela Scott-Johnson Provost & VP Academic Affairs 35.0 0.0 X 339986 0 28614 Salena Jegede Senior VP Institutional Advancement 35.0 0.0 X 295359 0 22797 Terri Reed Secretary of the College 35.0 0.0 X 281651 0 35259 Terri Walthour VP Human Resources & Culture 35.0 0.0 X 0 0 7739 Arthur Frazier Director of Facilities Management & Services 35.0 0.0 X 188788 0 42003 Asella Braxton Assoc VP Business & Financial Affairs 35.0 0.0 X 184952 0 43101 Bernadette Cohen Director of Human Resources 35.0 0.0 X 190477 0 43732 Barbara Chirinos Artistic Director, Performing Arts Center & Center for Innovation and the Arts 35.0 0.0 X 69418 0 56646 Beverly Guy-Sheftall Professor 35.0 0.0 X 219960 0 29708 Grant Warner Professor 35.0 0.0 X 252260 0 47989 Julie Dash Professor 35.0 0.0 X 188558 0 42010 Rhonda Honegan Senior Advisor of Investment Operations 35.0 1.0 X 187973 0 5677 6203293 0 798111 198 true true false Winter Construction Company 5616 Peachtree Road Suite 100 Atlanta GA 30341 Construction Services 24052214 Turner Construction Company Eleven PIedmont Center 3495 Piedmont Rd NE Ste 700 ATLANTA GA 30305 Construction Services 15342073 Bon Appetit Management Company PO Box 50196 Los Angeles CA 90074 Food Service Management 8414732 Trace3 LLC PO Box 847467 Los Angeles CA 90084 IT Consulting 2735385 Aramark Facility Services Aramark Dallas Lockbox PO Box 978839 Dallas TX 75397 Dining & Facility Services 2287413 95 14480057 29471955 20306941 43952012 TUITION AND FEES 900099 85672923 85672923 AUXILIARY FEES 900099 30438084 30438084 0 0 0 0 116111007 10513601 339603 10173998 0 0 372565270 370389433 2175837 0 2175837 2175837 VENDING & COMMISSIONS 900099 621739 621739 Extended Payment 900099 286600 286600 Bookstore Rental 900099 362746 362746 0 0 0 0 1271085 174023542 117382092 339603 12349835 262462 262462 30093401 30093401 145990 145990 3785420 1687207 1792213 306000 60807976 47219478 9067361 4521137 2172879 2172879 13277204 8755975 3168165 1353064 3299704 3299684 20 703127 703127 700739 700739 84000 84000 21000 21000 749085 1020 748065 10324392 9480331 728864 115197 45058 45058 4792397 2374570 2162254 255573 1792820 1792804 16 3787716 3244631 256550 286535 4951 385 4566 6970853 4298834 2672019 2274363 1561078 713285 Room and Board 10526228 7123499 3402729 Repairs and maintenance 5468523 4688056 780467 Contracts 4674613 3375577 1299020 16 AUC Library 4371192 3633193 737999 15229586 10282414 3739148 1208024 186365679 145538526 32760607 8066546 95015997 59474487 0 0 106601575 76936404 207919 87430 0 0 0 0 0 0 0 0 0 0 434141836 155449449 239536414 278692387 96473166 119509128 452803518 488236835 0 0 0 2872984 7318129 993511573 1030254800 17338713 21352936 0 0 891692 643124 45364028 39151262 0 0 0 0 0 0 0 0 2099445 5022693 65693878 66170015 X 234287493 336528805 693530202 627555980 0 0 0 0 0 0 927817695 964084785 993511573 1030254800 -12342137 45206498 0 X false true true true true X 91864557 85217107 67621419 134904040 43952012 423559135 0 0 91864557 85217107 67621419 134904040 43952012 423559135 110554911 313004224 254329 1112063 3991632 11355448 10513601 27227073 35955 35955 0 0 0 0 0 0 450822163 0 0.69430 0.65107 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 84000 84000 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY SPELMAN COLLEGE RETAINS CONSULTANTS TO PROMOTE LEGISLATION WHICH WOULD PROVIDE SPELMAN COLLEGE WITH FEDERAL FUNDS FOR USE ON VARIOUS COLLEGE PROJECTS AND PROGRAMS. HOLLAND & KNIGHT WAS PAID $84,000 FOR THEIR SERVICES. X X X false 577035271 6154465 53114987 27629258 608675465 478772977 76601321 47727150 26066177 577035271 463398851 2379086 38732095 25737055 478772977 541318955 5194310 -59098022 24016392 463398851 382891058 31697164 149315437 22584704 541318955 0.1364 0.3966 0.467 false true true 14687722 14687722 322347260 100222025 222125235 42506179 35936038 6570141 54600675 19291386 35309289 278692387 Closely-held equity interests Financial derivatives Private equity 218456259 F Marketable alternatives 97541445 F Non-U.S. equity 84236689 F Fixed income 45136152 F Short-term investments 31836160 F Real assets 11030130 F 488236835 Federal Income Taxes Right of Use Obligation 5022693 Advances from federal government 5022693 X 0 0 0 0 0 0 0 0 0 0 0 0 Schedule D, Part III, Line 1a FASB ASC 958 THE ORGANIZATION ELECTED, AS PERMITTED UNDER FASB ASC 958, NOT TO REPORT IN ITS REVENUE STATEMENT AND BALANCE SHEET WORKS OF ART, HISTORICAL TREASURES, OR OTHER SIMILAR ASSETS HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE. THERE IS NO FINANCIAL STATEMENT FOOTNOTE DISCLOSURE THAT DESCRIBES THESE ITEMS. Schedule D, Part V, Line 4 INTENDED USES OF ENDOWMENT FUNDS INTENDED USES OF ORGANIZATION'S ENDOWMENT FUNDS INVESTMENT IN A MIX OF SECURITIES TO PROVIDE SUFFICIENT INCOME TO SUPPORT THE COLLEGE'S OPERATIONS IN ACCORDANCE WITH DONOR WISHES, WHILE PRESERVING EQUITY. Schedule D, Part III, Line 4 Collections of art - description of collections ART COLLECTION THE COLLEGE'S PERMANENT COLLECTION OF ART, INCLUDING HISTORICALLY SIGNIFICANT PAINTINGS, SCULPTURE, AND WORKS ON PAPER, IS AN ACADEMIC RESOURCE THAT OFFERS STUDENTS, FACULTY, AND STAFF FIRST-HAND ENGAGEMENT WITH IMPORTANT ORIGINAL WORKS OF ART. OBJECT LESSONS, WORKSHOPS, CONSERVATION PROJECTS, EXHIBITIONS, AND THEMATIC PROGRAMS DEMONSTRATE THE VARIOUS WAYS THAT THE PERMANENT HOLDINGS ARE USED TO EXPAND, COMPLEMENT, AND ENHANCE THE ACADEMIC CURRICULUM. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE COLLEGE IS RECOGNIZED AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE (THE CODE) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3), WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 512(A) OF THE CODE, IS SUBJECT TO FEDERAL INCOME TAX. THE COLLEGE REVIEWS ITS TAX POSITIONS ANNUALLY AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS AT JUNE 30, 2025 OR 2024. true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY RACIALLY NONDISCRIMINATORY POLICY A STATEMENT OF THE COLLEGE'S RACIALLY NON-DISCRIMINATORY POLICY IS INCLUDED IN ALL BROCHURES AND CATALOGS IN ACCORDANCE WITH THE PROVISIONS OF REV. PROC. 75-50. THE NON-DISCRIMINATORY POLICY IS ALSO AVAILABLE ON SPELMAN COLLEGE'S WEBSITE. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT FINANCIAL AID ASSISTANCE FROM GOVERNMENTAL AGENCY THE FINANCIAL AID ASSISTANCE IS RECEIVED FROM THE FEDERAL GOVERNMENT, STATE OF GEORGIA, AND OTHER STATES. OTHER ASSISTANCE IS RECEIVED FROM FEDERAL GOVERNMENT, STATE OF GEORGIA, AND CITY OF ATLANTA. true Central America and the Caribbean 0 0 Investments 38910649 Europe (Including Iceland and Greenland) 0 0 Program Services INSTRUCTION & ACADEMIC SUPPORT 67372 East Asia and the Pacific 0 0 Program Services INSTRUCTION & ACADEMIC SUPPORT 52735 South America 0 0 Program Services INSTRUCTION & ACADEMIC SUPPORT 18788 North America (Canada & Mexico only) 1 650 Program Services INSTRUCTION & ACADEMIC SUPPORT 6095 Central America and the Caribbean 0 0 Program Services Honorarium 1000 1 650 0 0 1 650 39056639 0 39056639 East Asia and the Pacific Study Abroad 52735 Wire Transfer 0 N/A CASH Europe (Including Iceland and Greenland) IT Support 31111 Wire Transfer 0 N/A CASH South America Study Abroad 18788 Wire Transfer 0 N/A CASH Europe (Including Iceland and Greenland) Study Abroad 11500 Wire Transfer 0 N/A CASH Europe (Including Iceland and Greenland) Study Abroad 10060 Wire Transfer 0 N/A CASH Europe (Including Iceland and Greenland) Study Abroad 6999 Wire Transfer 0 N/A CASH North America (Canada & Mexico only) IT Support 6095 Wire Transfer 0 N/A CASH 7 0 true false true false true false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds STUDENT FINANCIAL AID STUDENT FINANCIAL AID AWARDS ARE AWARDED TO STUDENTS BY THE COLLEGE'S OFFICE OF STUDENT FINANCIAL SERVICES. AWARDS ARE BASED ON A NUMBER OF FACTORS INCLUDING, BUT NOT LIMITED TO, SCHOLARLY ACHIEVEMENT, DEMONSTRATED FINANCIAL NEED, AND ACADEMIC INTERESTS. FUNDS ARE PROVIDED BY SOURCES SUCH AS FEDERAL AND STATE GOVERNMENTS; PRIVATE DONORS SUCH AS CORPORATIONS, INDIVIDUALS AND FOUNDATIONS; THE COLLEGE'S ENDOWED FINANCIAL AID FUNDS; AND THE COLLEGE'S OPERATING BUDGET. FINANCIAL AID AWARDS ARE MADE UP TO A LIMIT OF THE STUDENT'S FINANCIAL NEED. INDIVIDUAL AWARDS ARE MONITORED EXTENSIVELY IN ORDER TO ENSURE THAT STUDENTS ARE MAKING SATISFACTORY ACADEMIC PROGRESS AND THAT THEY DO NOT RECEIVE MORE THAN THEIR DEMONSTRATED NEED. Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; SOUTH AMERICA-Accrual Schedule F, Part II, Line 1 Method used to account for expenditures on org's financial statements EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; SOUTH AMERICA-Accrual X X X X X true COMMUNITY COUNSELING SERVICE 527 MADISON AVE NEW YORK NY 10022 FUNDRAISING CONSULTANT false 0 21000 -21000 0 21000 -21000 GA NY true University of North Carolina at Pembroke PO Box 1510 Grants Office Pembroke NC 28372 566000805 Government 26158 Boosting Applications from Faculty at MSIs Mentoring Program Clark Atlanta University 581825259 501(C)(3) 25000 Salaries, Fringe, Prof Svcs, Travel and Meeting, Materials, Supplied, Indirect Costs Emory University 580566256 501(C)(3) 5194 Salary, Fringe and Indirect Costs for research on NASA Grant 23040 Georgia Tech Research Corporation 580603146 501(C)(3) 5556 Salary, Fringe and Indirect Costs for research on NASA Grant 23040 Institute for Future Intelligence Inc 851383592 501(C)(3) 12688 Salary, Fringe and Indirect Costs etc. for research on NSF Grant 24100 Morehouse School of Medicine 581438873 501(C)(3) 13645 Salary, Fringe and Indirect Costs etc. for research on NSF Grant 24101 AUC Granted Morehouse College 580566205 501(C)(3) 25000 Salary, Fringe and Indirect Costs etc. for research on NSF Grant 24101 AUC Granted The University of Texas Rio Grande Valley 465292740 Government 9790 Salary, Fringe and Indirect Costs etc. for research on NSF Grant 24229 University of Maryland Eastern Shore 526002033 Government 35999 Salary, Fringe and Indirect Costs etc. for research on NSF Grant 24229 University of North Texas 756002149 Government 17648 Costs etc. for research on NSF Grant 24229 University of Wisconsin 396006492 Government 33784 Salary, Fringe and Indirect Costs etc. for research on NSF Grant 24090 Virginia Commonwealth University 546001758 Government 17439 Boosting Applications from Faculty at MSIs Mentoring Program William Paterson University 222781603 Government 34213 Salary, Fringe and Indirect Costs etc. for research on NSF Grant 24229 13 0 STUDENT FINANCIAL AID 2359 30081726 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds STUDENT FINANCIAL AID STUDENT FINANCIAL AID AWARDS ARE AWARDED TO STUDENTS BY THE COLLEGE'S OFFICE OF STUDENT FINANCIAL SERVICES. AWARDS ARE BASED ON A NUMBER OF FACTORS INCLUDING, BUT NOT LIMITED TO, SCHOLARLY ACHIEVEMENT, DEMONSTRATED FINANCIAL NEED, AND ACADEMIC INTERESTS. FUNDS ARE PROVIDED BY SOURCES SUCH AS FEDERAL AND STATE GOVERNMENTS; PRIVATE DONORS SUCH AS CORPORATIONS, INDIVIDUALS AND FOUNDATIONS; THE COLLEGE'S ENDOWED FINANCIAL AID FUNDS; AND THE COLLEGE'S OPERATING BUDGET. FINANCIAL AID AWARDS ARE MADE UP TO A LIMIT OF THE STUDENT'S FINANCIAL NEED. INDIVIDUAL AWARDS ARE MONITORED EXTENSIVELY IN ORDER TO ENSURE THAT STUDENTS ARE MAKING SATISFACTORY ACADEMIC PROGRESS AND THAT THEY DO NOT RECEIVE MORE THAN THEIR DEMONSTRATED NEED. ADJUSTMENTS ARE MADE WHEN APPROPRIATE. X X X X false true false false false false false false false Helene Gayle President (thru 11/21/2024) 1985537 0 0 0 0 0 18539 0 24420 0 2028496 0 0 0 Dawn Alston CFO and SVP of Business and Financial Affairs 334109 0 0 0 0 0 23952 0 26876 0 384937 0 0 0 Pamela Scott-Johnson Provost & VP Academic Affairs 339986 0 0 0 0 0 13627 0 14987 0 368600 0 0 0 Salena Jegede Senior VP Institutional Advancement 295359 0 0 0 0 0 21420 0 1377 0 318156 0 0 0 Terri Reed Secretary of the College 281651 0 0 0 0 0 19856 0 15403 0 316910 0 0 0 Ingrid Hayes SVP of Enrollment Management 262124 0 0 0 0 0 9455 0 35815 0 307394 0 0 0 John Wilson VP and Chief Information Officer 227188 0 0 0 0 0 11819 0 36343 0 275350 0 0 0 Myra Burnett VP Institutional Resarch 239823 0 0 0 0 0 16887 0 15710 0 272420 0 0 0 Darryl Holloman VP of Academic Affairs 215890 0 0 0 0 0 15551 0 30932 0 262373 0 0 0 Marissa Pace Assoc VP Business & Financial Affairs (thru 4/15/2025) 199153 0 0 0 0 0 5958 0 842 0 205953 0 0 0 Mark Lee Sr VP Academic Affairs 118450 0 0 0 0 0 6462 0 29191 0 154103 0 0 0 Bernadette Cohen Director of Human Resources 190477 0 0 0 0 0 13716 0 30016 0 234209 0 0 0 Asella Braxton Assoc VP Business & Financial Affairs 184952 0 0 0 0 0 7898 0 35203 0 228053 0 0 0 Arthur Frazier Director of Facilities Management & Services 188788 0 0 0 0 0 13716 0 28287 0 230791 0 0 0 Grant Warner Professor 252260 0 0 0 0 0 13226 0 34763 0 300249 0 0 0 Beverly Guy-Sheftall Professor 219960 0 0 0 0 0 15100 0 14608 0 249668 0 0 0 Rhonda Honegan Senior Advisor of Investment Operations 187973 0 0 0 0 0 5677 0 0 0 193650 0 0 0 Julie Dash Professor 188558 0 0 0 0 0 13394 0 28616 0 230568 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use HOUSING VALUED AT $37,718 WAS PROVIDED TO DR. GAYLE THROUGH OCT. 18, 2024. THE VALUE OF THE HOUSING WAS NOT TREATED AS TAXABLE COMPENSATION. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan PRESIDENT'S OTHER REPORTABLE COMPENSATION SPELMAN COLLEGE PROVIDES CERTAIN EXECUTIVES A SUPPLEMENTAL RETIREMENT PROGRAM. THE PROGRAM IS DEFINED AS DEFERRED COMPENSATION UNDER THE IRC SECTION 457(F). THE UNVESTED ACCOUNT BALANCES ARE ASSETS OF THE ORGANIZATION AND ARE INCLUDED IN OTHER ASSETS, AND THE ACCRUED EXPENSE IS INCLUDED IN PENSION LIABILITY AND OTHER IN THE ACCOMPANYING CONSOLIDATED BALANCE SHEETS. THE AMOUNTS REPORTED IN THE CURRENT YEAR'S DEFERRED COMPENSATION INCLUDES RECOGNITION OF PAST SERVICE. THE AMOUNTS ARE SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE. ANY DEFERRED CONTRIBUTIONS TO THIS PLAN WILL BE REPORTED AGAIN AS REPORTABLE COMPENSATION IN THE YEAR PAID. FOR THE TAX YEAR ENDING JUNE 30, 2025, THERE WERE NO PAYOUTS OF 457(B) OR 457(F) FORFEITURE DEFERRED COMPENSATION. A Development Authority of Fulton County 581506878 36005FNM3 2025-03-04 40446717 See Part VI false false false A 475000 0 40446717 0 0 39798428 648289 0 0 0 0 0 true false true true A false false true true false false 0 0.0266 0.0266 true false 0 false true A false false true false false false 0 false false false 0 false false true A true Schedule K, Part I, Column (f) DEVELOPMENT AUTHORITY OF FULTON COUNTY: A-1- CURRENT REFUNDING OF ALL OF THE OUTSTANDING DEVELOPMENT AUTHORITY OF FULTON COUNTY SPELMAN COLLEGE REFUNDING BONDS, SERIES 2012; ISSUANCE DATE - APRIL 19, 2012; PROCEEDS USED - $1,528,523. A-2. CURRENT REFUNDING OF A PORTION OF DEVELOPMENT AUTHORITY OF FULTON COUNTY SPELMAN COLLEGE REFUNDING REVENUE BONDS, SERIES 2015. ISSUANCE DATE - APRIL 21, 2015; PROCEEDS USED - $38,269,904 Dr Andrea Lawrence Family Member of a Board Member 118000 Compensation false 478 12715 Other - APPRAISAL X 12826 Market value 25 20281400 Market value 2 false true false Schedule M, Part I Explanations of reporting method for number of contributions Art - Works of art - THE NUMBER REFLECTED IN SCHEDULE M, PART I, COLUMN B IS THE NUMBER OF ITEMS OF NONCASH PROPERTY. Securities - Publicly traded - THE NUMBER REFLECTED IN SCHEDULE M, PART I, COLUMN B IS THE NUMBER OF ITEMS OF NONCASH PROPERTY. Form 990, Part III, Line 1 ORGANIZATION'S MISSION SPELMAN COLLEGE, A HISTORICALLY BLACK COLLEGE AND GLOBAL LEADER IN THE EDUCATION OF WOMEN OF AFRICAN DESCENT, IS DEDICATED TO THE ACADEMIC EXCELLENCE IN THE LIBERAL ARTS AND SCIENCES, AND THE INTELLECTUAL, CREATIVE, ETHICAL AND LEADERSHIP DEVELOPMENT OF ITS STUDENTS. SPELMAN EMPOWERS THE WHOLE PERSON TO ENGAGE THE MANY CULTURES OF THE WORLD AND INSPIRES A COMMITMENT TO POSITIVE SOCIAL CHANGE. Form 990, Part III, Line 4a-4c Description of program services (Expenses $ 278,407 including grants of $ 0)(Revenue $ 0) PUBLIC SERVICE Form 990, Part VI, Line 15 PROC TO ESTABLISH COMP OF TOP MGMT OFFIC. AND OTHER OFFICER OR KEY EES THE COMPENSATION OF THE COLLEGE'S PRESIDENT IS DETERMINED AS FOLLOWS: COMPARABILITY STUDIES ARE PERFORMED BY AN INDEPENDENT THIRD PARTY COMPENSATION CONSULTANT. IT IS THE COLLEGE'S GOAL THAT THE PRESIDENT'S COMPENSATION BE IN THE 50TH-75TH PERCENTILE OF THE COLLEGES AND UNIVERSITIES USED IN THE COMPARABILITY SURVEY. THE EXECUTIVE COMMITTEE OF THE BOARD APPROVES THE PRESIDENT'S COMPENSATION. THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE PRESIDENT. THE PRESIDENT RECOMMENDS THE COMPENSATION FOR THESE INDIVIDUALS. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS AND APPROVES THE COMPENSATION. FOR THESE INDIVIDUALS, COMPENSATION STUDIES ARE PERFORMED BY AN INDEPENDENT THIRD PARTY FIRM OR THE COLLEGE'S HUMAN RESOURCES DEPARTMENT. Form 990, Part VI, Line 11b Review of form 990 by governing body A REPRESENTATIVE OF ERNST & YOUNG, U.S. LLP WILL PRESENT THE 990 TO THE BUDGET AND FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. THE CHAIRMAN OF THE BUDGET AND FINANCE COMMITTEE WILL PRESENT THE DRAFT 990 TO THE FULL BOARD OF TRUSTEES. THE FINAL COPY OF THE 990 WILL BE PLACED ON THE TRUSTEES' INTRANET FOR THEIR REVIEW PRIOR TO FILING WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy EMPLOYEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST DISCLOSURE UPON THEIR INITIAL HIRING. THE COLLEGE HAS A WRITTEN CONFLICT OF INTEREST POLICY IN ITS EMPLOYEE HANDBOOK. IF HUMAN RESOURCES BECOMES AWARE OF A CONFLICT, THE EMPLOYEE IS NOTIFIED AND REQUIRED TO SUBMIT A CONFLICT OF INTEREST STATEMENT, WHICH IS FILED IN THE EMPLOYEE'S PERSONNEL FILE. ALL TRUSTEES, BOARD REPRESENTATIVES AND SENIOR TEAM MEMBERS MUST COMPLETE AND SIGN A CONFLICT OF INTEREST FORM ON AN ANNUAL BASIS. COMPLIANCE IS MONITORED AND A SUMMARY IS PROVIDED TO THE SECRETARY OF THE BOARD. Form 990, Part VI, Line 19 Required documents available to the public SPELMAN COLLEGE MAKES ITS AUDITED FINANCIAL STATEMENTS AVAILABLE ON ITS WEBSITE. SPELMAN COLLEGE DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. HOWEVER, THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. SPELMAN COLLEGE SPECIAL VENTURES FUND 350 SPELMAN LANE SW ATLANTA GA 30314 581561343 INVESTMENTS GA 501(c)(3) Type I SPELMAN COLLEGE true ATLANTA UNIVERSITY CENTER CONSORTIUM 156 MILDRED STREET SW ATLANTA GA 30314 200950177 SUPPORTING ORGANIZATION GA 501(c)(3) Type II NA false false false true false false false false false false false false false false true false false false false true SPELMAN COLLEGE SPECIAL VENTURES FUND S 24037095 COST