KNOX COLLEGE: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- KNOX COLLEGE (EIN 37-0673513)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-05-15
- IRS object ID
- 202641359349312699
- Schema version
- 2024v5.5
- 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 I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-15T15:50:51-05:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 SOUTH WACKER DR SUITE 3300 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606063392 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 370673513 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KNOX COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KNOX | BusinessNameControlTxt |
| Phone | 3093417212 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 E SOUTH STREET | AddressLine1Txt |
| City | GALESBURG | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 614014999 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SCOTT JONES | PersonNm |
| Person Title | VP FINANCE & CFO | PersonTitleTxt |
| Phone | 3093417212 | PhoneNum |
| Signature | 2026-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | REBEKUH ELEY | PreparerPersonNm |
| PTIN | P01247672 | PTIN |
| Phone | 3126343400 | PhoneNum |
| Preparation | 2026-05-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | C ANDREW MCGADNEY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 E SOUTH STREET | AddressLine1Txt |
| City | GALESBURG | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 614014999 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $127,404,994 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.KNOX.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1837 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE A LIBERAL ARTS EDUCATION TO STUDENTS FROM DIVERSE BACKGROUNDS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 38 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 37 | VotingMembersIndependentCnt |
| Total Employee | 1317 | TotalEmployeeCnt |
| Total Volunteers | 473 | TotalVolunteersCnt |
| Total Gross UBI | $21,661 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $13,843 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $18,540,168 | PYContributionsGrantsAmt |
| CY Contributions Grants | $18,636,826 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $62,546,329 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $73,898,588 | CYProgramServiceRevenueAmt |
| PY Investment Income | $15,111,028 | PYInvestmentIncomeAmt |
| CY Investment Income | $10,710,339 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,367,497 | PYOtherRevenueAmt |
| CY Other Revenue | $602,763 | CYOtherRevenueAmt |
| PY Total Revenue | $97,565,022 | PYTotalRevenueAmt |
| CY Total Revenue | $103,848,516 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $36,881,871 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $45,883,731 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $33,666,777 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $37,105,080 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $4,928,688 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $28,270,823 | PYOtherExpensesAmt |
| CY Other Expenses | $30,244,735 | CYOtherExpensesAmt |
| PY Total Expenses | $98,819,471 | PYTotalExpensesAmt |
| CY Total Expenses | $113,233,546 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,254,449 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$9,385,030 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $274,878,074 | TotalAssetsBOYAmt |
| Total Assets EOY | $286,131,504 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $55,747,878 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $70,531,627 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $219,130,196 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $215,599,877 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | KNOX COLLEGE IS DEDICATED TO PROVIDING A LIBERAL ARTS EDUCATION TO STUDENTS FROM DIVERSE BACKGROUNDS. OUR MISSION IS CARRIED OUT THROUGH: OUR CURRICULUM, THE CHARACTER OF OUR LEARNING ENVIRONMENT, OUR RESIDENTIAL CAMPUS CULTURE, AND OUR COMMUNITY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $94,570,914 | ExpenseAmt |
| Grant | $45,883,731 | GrantAmt |
| Revenue | $74,501,351 | RevenueAmt |
| Desc | HIGHER EDUCATION: OUR MISSION IS CARRIED OUT THROUGH OUR CURRICULUM, THE CHARACTER OF OUR LEARNING ENVIRONMENT, OUR RESIDENTIAL CAMPUS CULTURE, AND OUR COMMUNITY. KNOX COLLEGE HAS A TRADITION OF FREE INQUIRY, INDEPENDENT THOUGHT, AND DIVERSE PERSPECTIVES. OUR STUDENTS CHOOSE THEIR OWN PATH TOWARDS A DEGREE, GUIDED BY SCHOLAR TEACHERS WHO ENCOURAGE THEM TO EXPLORE IDEAS AND PLACES, STRETCH THEIR INTELLECT AND THEIR TALENTS, BLEND THOUGHT WITH ACTION, AND FUSE IMAGINATION WITH INITIATIVE. FOUNDED IN 1837 BY SOCIAL REFORMERS STRONGLY OPPOSED TO SLAVERY, KNOX WAS ONE OF THE FIRST COLLEGES IN THE UNITED STATES OPEN TO BOTH WOMEN AND PEOPLE OF COLOR. IT WAS ON OUR CAMPUS WHERE ABRAHAM LINCOLN CHOSE TO DENOUNCE SLAVERY ON MORAL TERMS FOR THE FIRST TIME DURING THE 1858 LINCOLN-DOUGLAS DEBATE. WITH A CAMPUS POPULATION THAT INCLUDES STUDENTS FROM 42 STATES AND 56 COUNTRIES, 38% U.S. STUDENTS OF COLOR, AND INDIVIDUALS FROM EVERY IMAGINABLE RELIGIOUS AND SOCIOECONOMIC BACKGROUND. MEMBERS OF THE KNOX COMMUNITY ARE ACTIVELY CHALLENGED TO BROADEN THEIR POINTS OF VIEW. KNOX COLLEGE IS A COLLEGE THAT CHANGES LIVES (1,127 STUDENTS) | Desc |
| Total Program Service Expenses | $94,570,914 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 1503 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1317 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 38 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 37 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCOTT JONES | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3093417212 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 E SOUTH STREET | AddressLine1Txt |
| City | GALESBURG | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 614014999 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (54 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| DR C ANDREW MCGADNEY | |||||||
| PRESIDENT & EX OFFCIO TRUSTEE | 55.00 | Yes (X) | Yes (X) | $515,643 | $0 | $108,635 | |
| MR TONY ETZ | |||||||
| BOARD CHAIR (UNTIL 3/10/25) | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DR BARBARA A BAIRD | |||||||
| BOARD VICE CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MR JOHN T LAWLER BOARD CHAIR | |||||||
| CHAIR COLLEGE OF FINANCES COMMITTEE | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MR ROBERT C LONG VICE CHAIR | |||||||
| OF THE COMMITTEE ON COLLEGE FINANCES | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MR ANTHONY J TEDESCHI CHAIR | |||||||
| OF THE COMMITTEE ON AUDIT AND RISK | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MS APRIL J MORGAN VICE CHAIR | |||||||
| OF THE COMMITTEE ON AUDIT AND RISK | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MS JANICE V SHARRY ESQ | |||||||
| CHAIR OF COMMITTEE ON GOVERNANCE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MS JULIE RADEMAKER | |||||||
| VICE CHAIR OF COMMITTEE ON GOVERNANCE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MR E JAMES MASON | |||||||
| CHAIR OF ADMISSION AND ADVANCEMENT | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MR NYERERE K BILLUPS SR | |||||||
| VICE CHAIR OF ADMISSION AND ADVANCEMENT | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DR AKWASI ASABERE | |||||||
| ALUMNI TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MS TOMILOLA OLOTU | |||||||
| ALUMNI TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MS XINYUE VELA LU | |||||||
| ALUMNI TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MS SARA JANE AHMED | |||||||
| GENERAL TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR JOSEPH C BASTIAN | |||||||
| GENERAL TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MS SUSAN A BLEW | |||||||
| GENERAL TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DR MICHAEL CHUBRICH | |||||||
| GENERAL TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MS CAROL BOVARD CRAIG | |||||||
| GENERAL TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR MARK D DRAPER | |||||||
| GENERAL TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR DONALD F HARMON | |||||||
| GENERAL TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR MAURICE HARRIS | |||||||
| GENERAL TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR MARK KLEINE | |||||||
| GENERAL TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MS HELEN H LIN | |||||||
| GENERAL TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR PATRICK ST A LYN | |||||||
| GENERAL TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MS SONYA MALUNDA | |||||||
| GENERAL TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DR KEITH E MASKUS | |||||||
| GENERAL TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR DONOVAN PEPPER | |||||||
| GENERAL TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MS SUSAN C PLOMIN | |||||||
| GENERAL TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR JAMES R POTTER | |||||||
| GENERAL TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MS LAURA M ROSENE | |||||||
| GENERAL TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR TINO H SCHULER | |||||||
| GENERAL TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DR DAVID A SCHULZ | |||||||
| GENERAL TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR DAN J SPAULDING | |||||||
| GENERAL TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MS JULIANA TIOANDA | |||||||
| GENERAL TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR FREDERICK A VEAGUE | |||||||
| GENERAL TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR ADAM G VITALE | |||||||
| GENERAL TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR SCOTT L WESTERMAN | |||||||
| GENERAL TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MS SUSAN HAERR ZUCKER | |||||||
| GENERAL TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DR MICHAEL SCHNEIDER | |||||||
| PROVOST & DEAN OF THE COLLEGE | 40.00 | Yes (X) | $197,548 | $0 | $33,374 | ||
| HEATHER BUMPS | |||||||
| VP FOR STRATEGIC INITIATES | 40.00 | Yes (X) | $214,950 | $0 | $53,300 | ||
| ALEC GUROFF | |||||||
| VP FINANCE AND CFO, TREASURER | 40.00 | Yes (X) | $194,575 | $0 | $45,692 | ||
| NATHAN AMENT | |||||||
| VP FOR ENROLLMENT | 40.00 | Yes (X) | $203,790 | $0 | $34,643 | ||
| BRAD NOLDEN | |||||||
| VP FOR ADMINISTRATION | 40.00 | Yes (X) | $192,121 | $0 | $28,683 | ||
| DR MARQUITA BARKER | |||||||
| VP FOR STUDENT DEVELOPMENT | 40.00 | Yes (X) | $165,292 | $0 | $45,312 | ||
| MONICA KEITH | |||||||
| VP FOR ADVANCEMENT | 40.00 | Yes (X) | $188,309 | $0 | $53,316 | ||
| MEGAN SCOTT | |||||||
| VP OF COMMUNICATIONS | 40.00 | Yes (X) | $133,860 | $0 | $8,252 | ||
| ANGIE HOPPING | |||||||
| CONTROLLER, ASSISTANT TREASURER | 40.00 | Yes (X) | $113,479 | $0 | $45,606 | ||
| ROBERT BARKER | |||||||
| SECRETARY OF THE COLLEGE | 40.00 | Yes (X) | $85,465 | $0 | $40 | ||
| ANNA JO CLARK | |||||||
| DIR OF INSTITUTIONAL RESEARCH | 40.00 | Yes (X) | $65,469 | $0 | $12,603 | ||
| J MARK WILSON | |||||||
| ASSOCIATE VP, PRINCIPAL GIFTS | 40.00 | $145,261 | $0 | $12,683 | Yes (X) | ||
| SANDRA GRAY | |||||||
| ASST. VP FOR ADVANCEMENT | 40.00 | $108,014 | $0 | $15,396 | Yes (X) | ||
| JAMES STEVENS | |||||||
| CHIEF INFORMATION OFFICER | 40.00 | $112,063 | $0 | $8,558 | Yes (X) | ||
| MARY CRAWFORD | |||||||
| ASSOCIATE DEAN OF THE COLLEGE | 40.00 | $117,808 | $0 | $34,680 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,753,647 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $540,773 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 14 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ESTES CONSTRUCTION | |||||
| 131 W 2ND STREET SUITE 400 | DAVENPORT | IA | 52801 | CONSTRUCTION CONTRACTOR | $6,435,922 |
| BON APPETIT MANAGEMENT COMPANY | |||||
| PO BOX 417632 | BOSTON | MA | 02241 | DINING MANAGEMENT | $3,677,435 |
| COLLEGIS LLC | |||||
| 1415 W 22ND STREET SUITE 220 | OAK BROOK | IL | 60523 | IT MANAGEMENT | $1,122,000 |
| EAB GLOBAL | |||||
| 2445 M STREET NW | WASHINGTON | DC | 20037 | ADMISSIONS SUPPORT | $783,875 |
| THE PIPCO COMPANIES LTD | |||||
| 1409 W ALTORFER DRIVE | PEORIA | IL | 61615 | CONSTRUCTION CONTRACTOR | $778,806 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 26 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $1,147,686 | GovernmentGrantsAmt |
| All Other Contributions | $17,489,140 | AllOtherContributionsAmt |
| Noncash Contributions | $1,698,462 | NoncashContributionsAmt |
| Total Contributions | $18,636,826 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| TUITION AND FEES | 611310 | $62,800,967 | $62,800,967 | |
| AUXILIARY ENTERPRISES - PROGRAM | 611710 | $11,075,960 | $11,075,960 | |
| AUXILIARY ENTERPRISES - CATERING | 722320 | $21,661 | $21,661 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $73,898,588 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,147,279 | TotalRevenueColumnAmt |
| Exclusion | $5,147,279 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $29,119,538 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $23,556,478 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,563,060 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,563,060 | TotalRevenueColumnAmt |
| Exclusion | $5,563,060 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS REVENUE | Desc |
| Business | 611310 | BusinessCd |
| Total Revenue Column | $602,763 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $602,763 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $602,763 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $103,848,516 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $74,479,690 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $21,661 | UnrelatedBusinessRevenueAmt |
| Exclusion | $10,710,339 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,883,731 | TotalAmt |
| Program Services | $45,883,731 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,556,906 | TotalAmt |
| Program Services | $1,822,576 | ProgramServicesAmt |
| Management And General | $523,639 | ManagementAndGeneralAmt |
| Fundraising | $210,691 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,330,705 | TotalAmt |
| Program Services | $18,055,856 | ProgramServicesAmt |
| Management And General | $5,187,577 | ManagementAndGeneralAmt |
| Fundraising | $2,087,272 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $738,540 | TotalAmt |
| Program Services | $526,435 | ProgramServicesAmt |
| Management And General | $151,249 | ManagementAndGeneralAmt |
| Fundraising | $60,856 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,667,207 | TotalAmt |
| Program Services | $4,752,419 | ProgramServicesAmt |
| Management And General | $1,365,404 | ManagementAndGeneralAmt |
| Fundraising | $549,384 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,811,722 | TotalAmt |
| Program Services | $1,291,405 | ProgramServicesAmt |
| Management And General | $371,030 | ManagementAndGeneralAmt |
| Fundraising | $149,287 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,437,932 | TotalAmt |
| Management And General | $1,437,932 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $285,537 | TotalAmt |
| Management And General | $285,537 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $462,419 | TotalAmt |
| Management And General | $462,419 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,534,383 | TotalAmt |
| Program Services | $3,883,048 | ProgramServicesAmt |
| Management And General | $188,865 | ManagementAndGeneralAmt |
| Fundraising | $462,470 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $230,072 | TotalAmt |
| Program Services | $230,072 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,977,479 | TotalAmt |
| Program Services | $4,378,608 | ProgramServicesAmt |
| Fundraising | $598,871 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $918,118 | TotalAmt |
| Program Services | $918,118 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,214,445 | TotalAmt |
| Program Services | $918,218 | ProgramServicesAmt |
| Management And General | $1,296,227 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,159,904 | TotalAmt |
| Program Services | $2,262,459 | ProgramServicesAmt |
| Management And General | $386,614 | ManagementAndGeneralAmt |
| Fundraising | $510,831 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,232,701 | TotalAmt |
| Program Services | $582,463 | ProgramServicesAmt |
| Management And General | $595,567 | ManagementAndGeneralAmt |
| Fundraising | $54,671 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,924,576 | TotalAmt |
| Program Services | $3,979,203 | ProgramServicesAmt |
| Management And General | $701,018 | ManagementAndGeneralAmt |
| Fundraising | $244,355 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,240,721 | TotalAmt |
| Program Services | $459,855 | ProgramServicesAmt |
| Management And General | $780,866 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| AUXILIARY ENTERPRISES | $4,300,312 | $4,300,312 |
| BAD DEBT EXPENSE | $178,050 | $178,050 |
| TAXES/LICENSES/FEES | $148,086 | $148,086 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $113,233,546 | TotalAmt |
| Program Services | $94,570,914 | ProgramServicesAmt |
| Management And General | $13,733,944 | ManagementAndGeneralAmt |
| Fundraising | $4,928,688 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,722,499 | BOYAmt |
| EOY | $4,339,885 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $326,319 | BOYAmt |
| EOY | $260,772 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,730,277 | BOYAmt |
| EOY | $6,384,071 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,193,619 | BOYAmt |
| EOY | $1,800,004 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $209,208 | BOYAmt |
| EOY | $203,896 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,258,522 | BOYAmt |
| EOY | $2,497,381 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $175,371,989 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $106,227,038 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,708,298 | BOYAmt |
| EOY | $69,144,951 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $172,767,612 | BOYAmt |
| EOY | $171,449,663 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,961,720 | BOYAmt |
| EOY | $30,050,881 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $274,878,074 | BOYAmt |
| EOY | $286,131,504 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,914,635 | BOYAmt |
| EOY | $8,026,499 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,389,523 | BOYAmt |
| EOY | $1,155,565 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,598,106 | BOYAmt |
| EOY | $56,713,993 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $1,665,671 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,845,614 | BOYAmt |
| EOY | $2,969,899 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,747,878 | BOYAmt |
| EOY | $70,531,627 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,364,765 | BOYAmt |
| EOY | $26,476,930 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $186,765,431 | BOYAmt |
| EOY | $189,122,947 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $219,130,196 | BOYAmt |
| EOY | $215,599,877 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $274,878,074 | BOYAmt |
| EOY | $286,131,504 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$9,385,030 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $4,308,250 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $1,546,461 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $174,514,569 | BeginningYearBalanceAmt |
| Contributions | $3,776,761 | ContributionsAmt |
| Investment Earnings Or Losses | $13,191,809 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $14,845,967 | GrantsOrScholarshipsAmt |
| End Year Balance | $176,637,172 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $164,675,942 | BeginningYearBalanceAmt |
| Contributions | $6,606,960 | ContributionsAmt |
| Investment Earnings Or Losses | $23,270,951 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $20,082,039 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$42,755 | OtherExpendituresAmt |
| End Year Balance | $174,514,569 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $162,511,490 | BeginningYearBalanceAmt |
| Contributions | $4,005,136 | ContributionsAmt |
| Investment Earnings Or Losses | $14,934,670 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $10,162,074 | GrantsOrScholarshipsAmt |
| Other Expenditures | $6,613,280 | OtherExpendituresAmt |
| End Year Balance | $164,675,942 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $211,136,074 | BeginningYearBalanceAmt |
| Contributions | $9,519,261 | ContributionsAmt |
| Investment Earnings Or Losses | -$25,564,397 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $9,241,692 | GrantsOrScholarshipsAmt |
| Other Expenditures | $23,337,756 | OtherExpendituresAmt |
| End Year Balance | $162,511,490 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $171,631,200 | BeginningYearBalanceAmt |
| Contributions | $2,370,496 | ContributionsAmt |
| Investment Earnings Or Losses | $45,184,129 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $9,014,746 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$964,995 | OtherExpendituresAmt |
| End Year Balance | $211,136,074 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.10397 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.60648 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.28956 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $1,174,250 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $15,171,216 | OtherCostOrOtherBasisAmt |
| Book Value | $16,345,466 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $119,982,580 | OtherCostOrOtherBasisAmt |
| Depreciation | $79,194,105 | DepreciationAmt |
| Book Value | $40,788,475 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $30,716,933 | OtherCostOrOtherBasisAmt |
| Depreciation | $27,032,933 | DepreciationAmt |
| Book Value | $3,684,000 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,327,010 | OtherCostOrOtherBasisAmt |
| Book Value | $8,327,010 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $69,144,951 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| BENFICIAL INTEREST IN PERPETUAL TRUST | $17,964,418 |
| STUDENT LOANS RECEIVABLE | $627,606 |
| DEPOSITS HELD IN TRUST FOR CAPITAL PROJECTS | $11,458,857 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $30,050,881 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| STUDENT DEPOSITS | $77,740 |
| ANNUITIES PAYABLE | $1,156,610 |
| POSTRETIREMENT BENEFIT OBLIGATION | $1,482,902 |
| FEDERAL EQUITY IN LOAN PROGRAMS | $252,316 |
| FINANCE LEASE LIABILITIES | $331 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,969,899 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $61,810,616 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $4,308,250 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$45,883,731 | OtherRevenueAmt |
| Revenue Not Reported | -$41,575,481 | RevenueNotReportedAmt |
| Revenue Subtotal | $103,386,097 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $462,419 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $462,419 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $103,848,516 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $66,887,396 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $66,887,396 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $462,419 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $45,883,731 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $46,346,150 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $113,233,546 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 1A: | THE COLLEGE HAS COLLECTIONS OF VALUABLE ARTWORK, PAPERS, AND OTHER MEMORABILIA THAT WERE DONATED TO THE COLLEGE. THESE ITEMS ARE ON DISPLAY AND ARE USED BY EDUCATORS, RESEARCHERS, HISTORIANS, AND OTHERS. THESE CONTRIBUTED COLLECTIONS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. HOWEVER, ALL PROCEEDS FROM ANY SALES OF COLLECTIONS, OR ITEMS IN A COLLECTION, MUST BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS OR TO MAINTAIN THE COLLECTIONS. AS OF JUNE 30, 2025 AND 2024, THERE WERE NO UNSPENT PROCEEDS FROM THE SALE OF COLLECTIONS. |
| PART III, LINE 4: | THE COLLEGE HAS COLLECTIONS OF VALUABLE ARTWORK, PAPERS, AND OTHER MEMORABILIA THAT WERE DONATED TO THE COLLEGE. THESE ITEMS ARE ON DISPLAY AND ARE USED BY EDUCATORS, RESEARCHERS, HISTORIANS, AND OTHERS. |
| PART V, LINE 4: | THE COLLEGE'S ENDOWMENT CONSISTS OF SEVERAL INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES: SCHOLARSHIPS, PROFESSORSHIPS, LIBRARY, LECTURESHIPS, RESEARCH, PRIZES, AND DONOR SPECIFIED EDUCATIONAL ACTIVITIES. INCLUDED IN THESE FUNDS ARE BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. |
| PART X, LINE 2: | THE COLLEGE IS A NOT-FOR-PROFIT ENTITY AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE IRC AND SIMILAR PROVISIONS OF THE STATE TAX CODE. THE COLLEGE IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. THE COLLEGE EVALUATES ITS UNCERTAIN TAX POSITIONS ON AN ANNUAL BASIS, AND THERE HAVE BEEN NO RECORDED UNCERTAIN TAX POSITIONS RECORDED IN 2025, 2024 OR 2023. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. THE COLLEGE FILES VARIOUS FEDERAL OR STATE NON-PROFIT TAX RETURNS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | STUDENT AID AND SCHOLARSHIPS -45,883,731. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | STUDENT AID AND SCHOLARSHIPS 45,883,731. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | KNOX COLLEGE'S NONDISCRIMINATORY POLICY IS CLEARLY STATED IN THE COLLEGE CATALOG, WEBSITE, ADMISSIONS MATERIALS, APPLICATIONS, AND OTHER PUBLICATIONS. |
| SCHEDULE E, PART I, LINE 6 | FOR THE FISCAL YEAR, KNOX COLLEGE RECEIVED AWARDS FROM THE FOLLOWING FEDERAL PROGRAMS: FEDERAL WORK STUDY, FEDERAL DIRECT LOAN PROGRAM, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM, FEDERAL PELL GRANT, FEDERAL PERKINS LOANS PROGRAM, STUDENT SUPPORT SERVICES PROGRAM, MCNAIR POST BACCALAUREATE ACHIEVEMENT, NATIONAL SCIENCE FOUNDATION AND NATIONAL ENDOWMENT FOR THE HUMANITIES |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | INDIVIDUAL GIFT AID (GRANTS AND/OR SCHOLARSHIP TO STUDENTS) | GrantTypeTxt |
| Recipient | 1153 | RecipientCnt |
| Cash Grant | $45,883,731 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | FINANCIAL AID AND SATISFACTORY ACADEMIC PROGRESS STANDARDS: TO REMAIN AT KNOX, ALL DEGREE-SEEKING STUDENTS ARE EXPECTED TO MAKE SATISFACTORY ACADEMIC PROGRESS. SATISFACTORY PROGRESS IS DEFINED BOTH IN TERMS OF THE ACCUMULATION OF CREDITS TOWARDS A DEGREE, AND THE MAINTENANCE OF A GRADE POINT AVERAGE CONSISTENT WITH GRADUATION REQUIREMENTS. THE FINANCIAL AID OFFICE FOLLOWS THE DECISION OF THE ACADEMIC STANDING COMMITTEE IN DETERMINING WHETHER A STUDENT IS MEETING THE COLLEGE'S SATISFACTORY ACADEMIC PROGRESS STANDARDS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DR C ANDREW MCGADNEY | ||||||||||||||
| PRESIDENT & EX OFFCIO TRUSTEE | $459,984 | $0 | $0 | $0 | $55,659 | $0 | $27,786 | $0 | $80,849 | $0 | $624,278 | $0 | $0 | $0 |
| HEATHER BUMPS | ||||||||||||||
| VP FOR STRATEGIC INITIATES | $195,550 | $0 | $0 | $0 | $19,400 | $0 | $11,873 | $0 | $41,427 | $0 | $268,250 | $0 | $0 | $0 |
| MONICA KEITH | ||||||||||||||
| VP FOR ADVANCEMENT | $188,309 | $0 | $0 | $0 | $0 | $0 | $12,822 | $0 | $40,494 | $0 | $241,625 | $0 | $0 | $0 |
| ALEC GUROFF | ||||||||||||||
| VP FINANCE AND CFO, TREASURER | $194,575 | $0 | $0 | $0 | $0 | $0 | $4,222 | $0 | $41,470 | $0 | $240,267 | $0 | $0 | $0 |
| NATHAN AMENT | ||||||||||||||
| VP FOR ENROLLMENT | $201,887 | $0 | $0 | $0 | $1,903 | $0 | $0 | $0 | $34,643 | $0 | $238,433 | $0 | $0 | $0 |
| DR MICHAEL SCHNEIDER | ||||||||||||||
| PROVOST & DEAN OF THE COLLEGE | $197,548 | $0 | $0 | $0 | $0 | $0 | $33,110 | $0 | $264 | $0 | $230,922 | $0 | $0 | $0 |
| BRAD NOLDEN | ||||||||||||||
| VP FOR ADMINISTRATION | $192,121 | $0 | $0 | $0 | $0 | $0 | $26,511 | $0 | $2,172 | $0 | $220,804 | $0 | $0 | $0 |
| DR MARQUITA BARKER | ||||||||||||||
| VP FOR STUDENT DEVELOPMENT | $165,292 | $0 | $0 | $0 | $0 | $0 | $10,269 | $0 | $35,043 | $0 | $210,604 | $0 | $0 | $0 |
| ANGIE HOPPING | ||||||||||||||
| CONTROLLER, ASSISTANT TREASURER | $103,479 | $0 | $0 | $0 | $10,000 | $0 | $6,851 | $0 | $38,755 | $0 | $159,085 | $0 | $0 | $0 |
| J MARK WILSON | ||||||||||||||
| ASSOCIATE VP, PRINCIPAL GIFTS | $145,261 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12,683 | $0 | $157,944 | $0 | $0 | $0 |
| MARY CRAWFORD | ||||||||||||||
| ASSOCIATE DEAN OF THE COLLEGE | $117,808 | $0 | $0 | $0 | $0 | $0 | $7,138 | $0 | $27,542 | $0 | $152,488 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | OCCASIONALLY THE PRESIDENT'S WIFE WILL ACCOMPANY THE PRESIDENT ON COLLEGE FUNDRAISING EVENTS. THE COLLEGE PROVIDES FUNDING FOR HER TRAVEL COSTS. THESE TRAVEL COSTS ARE NOT CONSIDERED COMPENSATION AS SHE IS PARTICIPATING IN FUNDRAISING FOR THE COLLEGE. REIMBURSEMENTS FOR TRAVEL COST MUST FOLLOW THE COLLEGE'S PURCHASING AND ACCOUNTS PAYABLE POLICIES. THESE POLICIES INCLUDE REQUIREMENTS FOR DOCUMENTATION AND RECEIPTS. THE PRESIDENT IS PROVIDED HOUSING BY THE COLLEGE. THE PRESIDENT'S HOUSE IS CONSIDERED A PART OF THE COLLEGE'S CAMPUS AND IS USED FOR COLLEGE EVENTS AND ENTERTAINING. THE PRESIDENT'S HOUSING IS CONSIDERED NONTAXABLE AS IT IS PROVIDED FOR THE CONVENIENCE OF THE COLLEGE. |
| PART I, LINE 3 | COMPENSATION IS REVIEWED ANNUALLY. THIS REVIEW INCLUDES COST OF LIVING STATISTICS, COMPENSATION PAID FOR SIMILAR POSITIONS AT OTHER SIMILAR COLLEGES, AND COMPENSATION PAID LOCALLY FOR LIKE POSITIONS. A STANDARD ACHIEVEMENT INCREASE IS DETERMINED AND IS APPROVED BY THE BOARD OF TRUSTEES DURING THE JUNE MEETING IN CONJUNCTION WITH THE APPROVAL OF THE FOLLOWING YEAR'S BUDGET. ALL STAFF INCREASES ARE REVIEWED BY THE PRESIDENT, VICE PRESIDENTS, AND HEADS OF DEPARTMENTS. THE BOARD OF TRUSTEES FOLLOWS THE PRINCIPAL AND POLICIES OUTLINED IN KNOX'S EXECUTIVE COMPENSATION PROGRAM AS APPROVED MAY 2, 2016. COMPENSATION FOR EXECUTIVES OF THE COLLEGE IS DETERMINED BY EVALUATION OF A VARIETY OF FACTORS, INCLUDING THE SKILLS, TENURE, EXPERIENCE AND PERFORMANCE OF THE EXECUTIVE; THE DIFFICULTY OF REPLACING THE EXECUTIVE AND THE IMPORTANCE OF THE POSITION TO THE COLLEGE; AND HISTORICAL COMPENSATION LEVELS AND INTERNAL PAY EQUITY ISSUES. ALL COMPENSATION AND OTHER FINANCIAL BENEFITS FOR COLLEGE EMPLOYEES WHO ARE DISQUALIFIED PERSONS ARE TO BE APPROVED IN ADVANCE OF PAYMENT OR AGREEMENT FOR PAYMENT BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| CITY OF GALESBURG KNOX COUNTY ILLINOIS REVENUE BONDS SERIES 2021A | ||||||||
| A | 376001160 | 363433BB8 | 2021-12-01 | $41,079,400 | REPAYMENT OF 1996 AND 1999 BONDS, AND NEW MONEY CONSTRUCTION | 0 | 0 | 0 |
| CITY OF GALESBURG KNOX COUNTY ILLINOIS REVENUE BONDS SERIES 2025A | ||||||||
| B | 376001160 | 363433BH5 | 2025-06-04 | $11,684,690 | TO BE USED TOWARDS THE CONSTRUCTION OF EDUCATIONAL FACILITIES | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|
| A | $475,000 | $41,574,528 | $701,234 | Yes (1) | Yes (1) | 0 | Yes (1) |
| B | $11,684,690 | $233,693 | 0 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | Yes (1) | 0 | 0 |
| B | 0 | 0 | 0 | 0 | Yes (1) | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd |
|---|---|---|---|---|---|---|---|---|---|
| A | Yes (1) | 0 | 0 | 0 | 0 | 0 | |||
| B | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) | 0 | 0 |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II, LINE 3: | FormAndLineReferenceDesc |
| Explanation | THE TOTAL PROCEEDS OF THE 2021A BOND ISSUE RECEIVED IS DIFFERENT THAN THE AMOUNT REPORTED ON PART I, COLUMN (E) BECAUSE OF INVESTMENT EARNINGS. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 18 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,698,462 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | REPORTING THE NUMBER OF CONTRIBUTIONS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | ROBERT BARKER, SECRETARY OF THE COLLEGE, IS MARRIED TO DR. MARQUITA BARKER, VP FOR STUDENT DEVELOPMENT OF THE COLLEGE. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE 990 WAS REVIEWED BY THE CHAIR OF THE AUDIT SUBCOMMITTEE AND THE CHAIR OF THE COMMITTEE ON FINANCE. THE 990 IS MADE AVAILABLE TO ALL COLLEGE TRUSTEES FOR REVIEW BEFORE IT IS FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | OFFICER'S CONFLICT OF INTEREST (FROM BYLAWS OF KNOX COLLEGE): ANY CONFLICT OF INTEREST ON THE PART OF AN OFFICER OF THE COLLEGE DESIGNATED IN THIS ARTICLE, OR MEMBERS OF SUCH OFFICER'S IMMEDIATE FAMILY, SHALL BE DISCLOSED BY THE OFFICER IN WRITING TO THE BOARD OF TRUSTEES AT LEAST ANNUALLY AND MADE A MATTER OF RECORD. WHEN ANY SUCH INTEREST BECOMES RELEVANT TO ANY SUBJECT REQUIRING ADMINISTRATION OR BOARD OF TRUSTEES' ACTION, THE OFFICER HAVING A CONFLICT SHALL CALL IT TO THE ATTENTION OF THE PRESIDENT AND, IF THE MATTER IS BEING CONSIDERED BY THE BOARD OF TRUSTEES OR ONE OF ITS COMMITTEES, TO THE ATTENTION OF THE CHAIR OR SUCH COMMITTEE. THE OFFICER SHALL NOT PARTICIPATE IN THE DISCUSSION OF THE SUBJECT OR MAKE ANY RECOMMENDATIONS REGARDING THE SUBJECT IN WHICH THE OFFICER OR A MEMBER OF THE OFFICER'S IMMEDIATE FAMILY HAS A CONFLICT OF INTEREST, AND SHALL NOT USE PERSONAL INFLUENCE TO AFFECT THE DECISION WITH RESPECT TO SUCH SUBJECT. AN OFFICER OF THE COLLEGE WHO IS EXCLUDED FROM PARTICIPATING IN DISCUSSIONS OR MAKING RECOMMENDATIONS REGARDING THE SUBJECT BECAUSE OF SUCH CONFLICT OF INTEREST SHALL, HOWEVER, BRIEFLY STATE THE NATURE OF THE CONFLICT AND SHALL BE ENCOURAGED TO ANSWER PERTINENT QUESTIONS OF THE TRUSTEES WHEN THE OFFICER'S KNOWLEDGE OF THE SUBJECT WILL ASSIST THE BOARD OF TRUSTEES, ANY OF ITS COMMITTEES, OR THE ADMINISTRATION. THE MINUTES OF ANY MEETING ATTENDED BY THE INTERESTED OFFICER AT WHICH THE SUBJECT IS DISCUSSED SHALL REFLECT THAT A DISCLOSURE WAS MADE AND THAT THE INTERESTED OFFICER ABSTAINED FROM THE DISCUSSION EXCEPT TO THE EXTENT PROVIDED ABOVE. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION IS REVIEWED ANNUALLY. THIS REVIEW INCLUDES COST OF LIVING STATISTICS, COMPENSATION PAID FOR SIMILAR POSITIONS AT OTHER SIMILAR COLLEGES, AND COMPENSATION PAID LOCALLY FOR LIKE POSITIONS. A STANDARD ACHIEVEMENT INCREASE IS DETERMINED AND IS APPROVED BY THE BOARD OF TRUSTEES DURING THE JUNE MEETING IN CONJUNCTION WITH THE APPROVAL OF THE FOLLOWING YEAR'S BUDGET. THE BOARD OF TRUSTEES REVIEWS THE PRESIDENT'S SALARY AND APPROVES ANY CHANGES. ALL STAFF INCREASES ARE REVIEWED BY THE PRESIDENT, VICE PRESIDENTS, AND HEADS OF DEPARTMENTS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE BYLAWS OF THE COLLEGE ARE AVAILABLE UPON REQUEST. EACH FALL, CONFLICT OF INTEREST FORMS ARE DISTRIBUTED TO TRUSTEES, OFFICERS, AND DEPARTMENT HEADS. FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST IN THE TREASURER'S OFFICE. ALL TRUSTEES ARE PROVIDED COPIES OF THE FINANCIAL STATEMENTS EACH YEAR. |
| FORM 990, PART XI, LINE 9: | NET PERIODIC BENEFIT COST 137,677. ADJUSTMENTS OF AMOUNTS DUE UNDER ANNUITY AND LIFE INCOME AGREEMENTS -173,937. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 1,266,066. OTHER COMPONENTS OF NET PERIODIC BENEFIT COST 316,655. |