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ELIZABETHTOWN COLLEGE: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
ELIZABETHTOWN COLLEGE (EIN 23-1352632)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-04-14
IRS object ID
202501049349300840
Schema version
2023v6.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-04-14T15:35:45-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN991856619PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GRANT THORNTON ADVISORS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1757 THIRD AVENUE 3RD FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100172013ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN231352632EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ELIZABETHTOWN COLLEGEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlELIZBusinessNameControlTxt
Phone7173611000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE ALPHA DRIVEAddressLine1Txt
CityELIZABETHTOWNCityNm
State AbbreviationPAStateAbbreviationCd
ZIP170222298ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonAMANDA STAHLPersonNm
Person TitleINTERIM VP OF FINANCEPersonTitleTxt
Phone7173611000PhoneNum
Signature2025-04-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSCOTT THOMPSETTPreparerPersonNm
PTINP00741490PTIN
Phone2125990100PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerBETTY RIDERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE ALPHA DRIVEAddressLine1Txt
CityELIZABETHTOWNCityNm
State AbbreviationPAStateAbbreviationCd
ZIP170222298ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$107,653,007GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ETOWN.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1899FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionPROVIDE A TRANSFORMATIVE EDUCATIONAL EXPERIENCE THAT CULTIVATES STRENGTHS OF ITS STUDENTS.ActivityOrMissionDesc
Voting Members Governing Body28VotingMembersGoverningBodyCnt
Voting Members Independent28VotingMembersIndependentCnt
Total Employee1593TotalEmployeeCnt
Total Volunteers15TotalVolunteersCnt
Total Gross UBI$1,019,524TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$7,694,031PYContributionsGrantsAmt
CY Contributions Grants$11,626,397CYContributionsGrantsAmt
PY Program Service Revenue$82,571,841PYProgramServiceRevenueAmt
CY Program Service Revenue$91,938,265CYProgramServiceRevenueAmt
PY Investment Income$1,335,081PYInvestmentIncomeAmt
CY Investment Income$1,431,773CYInvestmentIncomeAmt
PY Other Revenue$1,512,861PYOtherRevenueAmt
CY Other Revenue$1,325,035CYOtherRevenueAmt
PY Total Revenue$93,113,814PYTotalRevenueAmt
CY Total Revenue$106,321,470CYTotalRevenueAmt
PY Grants And Similar Paid$29,120,084PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$33,818,029CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$43,260,429PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$45,423,121CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$1,620,860CYTotalFundraisingExpenseAmt
PY Other Expenses$34,902,395PYOtherExpensesAmt
CY Other Expenses$31,335,724CYOtherExpensesAmt
PY Total Expenses$107,282,908PYTotalExpensesAmt
CY Total Expenses$110,576,874CYTotalExpensesAmt
PY Revenues Less Expenses-$14,169,094PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$4,255,404CYRevenuesLessExpensesAmt
Total Assets BOY$224,422,276TotalAssetsBOYAmt
Total Assets EOY$232,266,250TotalAssetsEOYAmt
Total Liabilities BOY$83,874,273TotalLiabilitiesBOYAmt
Total Liabilities EOY$77,786,800TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$140,548,003NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$154,479,450NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEE SCHEDULE OMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$95,382,835ExpenseAmt
Grant$33,818,029GrantAmt
Revenue$90,556,455RevenueAmt
DescSEE SCHEDULE ODesc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,544,190ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescSEE SCHEDULE ODesc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$1,570,642ExpenseAmt
Grant$0GrantAmt
Revenue$1,380,140RevenueAmt
DescSEE SCHEDULE ODesc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$51,128ExpenseAmt
Grant$0GrantAmt
Revenue$1,670RevenueAmt
DescELIZABETHTOWN COLLEGE LAUNCHED A HUMAN PERFORMANCE LABORATORY (HPL) LOCATED IN THE BOWERS CENTER FOR SPORTS, FITNESS & WELL-BEING ON THE CAMPUS. THE HPL SERVES AS A DYNAMIC SPACE FOR SPORTS MEDICINE AND EXERCISE SCIENCE TESTING, EVALUATION, AND PERFORMANCE AND IS OPEN TOTHE PUBLIC. STUDENTS IN THE INSTITUTION'S EXERCISE SCIENCE PROGRAM WILL CONDUCT CLASSES AND RESEARCH IN THE HPL FOR EXPERIENTIAL LEARNINGDesc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$51,128TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$0TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$1,670TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$98,548,795TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit CounselingYes (1)CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming ActivitiesYes (1)GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document154IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee1593EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members28GoverningBodyVotingMembersCnt
Independent Voting Member28IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JAYMA REAGGS ASST CONTROLLERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7173611217PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE ALPHA DRIVEAddressLine1Txt
CityELIZABETHTOWNCityNm
State AbbreviationPAStateAbbreviationCd
ZIP170222298ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (43 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
MICHAEL SPANGLER
CHAIRMAN1.000.00Yes (X)Yes (X)$0$0$0
JAN LANE
VICE CHAIRMAN1.000.00Yes (X)Yes (X)$0$0$0
LEANNA WHETSTONE
SECRETARY1.000.00Yes (X)Yes (X)$0$0$0
REVEREND PAMELA A REIST
ASST SECRETARY1.000.00Yes (X)Yes (X)$0$0$0
BRADLEY RHOADS
TREASURER1.000.00Yes (X)Yes (X)$0$0$0
GERALD R BAER
TRUSTEE (AS OF 07/23)1.000.00Yes (X)$0$0$0
RICK BAKER
TRUSTEE1.000.00Yes (X)$0$0$0
DANIEL BETANCOURT
TRUSTEE (THRU 06/24)1.000.00Yes (X)$0$0$0
NATALIE A BIRRELL
TRUSTEE (AS OF 04/24)1.000.00Yes (X)$0$0$0
JOYCE DAVIS
TRUSTEE1.000.00Yes (X)$0$0$0
ROBERT J DOLAN
TRUSTEE1.000.00Yes (X)$0$0$0
MARGO DONLIN
TRUSTEE (AS OF 10/23)1.000.00Yes (X)$0$0$0
WARREN ESHBACH
TRUSTEE1.000.00Yes (X)$0$0$0
FRANKLIN FOX
TRUSTEE1.000.00Yes (X)$0$0$0
CARL FREEMAN
TRUSTEE1.000.00Yes (X)$0$0$0
ALBERT GRANGER
TRUSTEE (AS OF 07/23)1.000.00Yes (X)$0$0$0
MARK HECKLER
TRUSTEE1.000.00Yes (X)$0$0$0
MICHAEL LORELLI
TRUSTEE1.000.00Yes (X)$0$0$0
MICHAEL J MASON
TRUSTEE1.000.00Yes (X)$0$0$0
THOMAS MCGONIGLE
TRUSTEE1.000.00Yes (X)$0$0$0
JOHN D MILLER JR ESQ
TRUSTEE1.000.00Yes (X)$0$0$0
RICHARD D POOLE
TRUSTEE1.000.00Yes (X)$0$0$0
DUSTY PUTNAM
TRUSTEE1.000.00Yes (X)$0$0$0
VELMA A REDMOND
TRUSTEE (THRU 06/24)1.000.00Yes (X)$0$0$0
ROBERT M SANDS
TRUSTEE (AS OF 07/23)1.000.00Yes (X)$0$0$0
JOSEPH SCHULTZ
TRUSTEE1.000.00Yes (X)$0$0$0
RYAN C UNGER
TRUSTEE1.000.00Yes (X)$0$0$0
EDWARD E WHITE JR
TRUSTEE1.000.00Yes (X)$0$0$0
BETTY RIDER
PRESIDENT40.000.00Yes (X)$325,396$0$36,132
GERALD L SILBERMAN
SR VP ADMIN & FIN. (THRU 06/30/24)40.000.00Yes (X)$254,462$0$25,675
JOHN CHAMPOLI
VP ENROLLMENT MGMT (THRU 08/23)40.000.00Yes (X)$162,295$0$22,944
KRISTI KNEAS
PROV & VP ACA AFFAIRS(THRU 06/30/24)40.000.00Yes (X)$176,427$0$36,699
ROBERT KERIN
VP OPERATIONS & AUX SVCS40.000.00Yes (X)$160,665$0$33,541
BRIAN FALCK
VP FOR INSTITUTIONAL ADVANCEMENT40.000.00Yes (X)$191,584$0$45,490
NICHOLE GONZALEZ
VP STU. LIFE & DEAN40.000.00Yes (X)$116,132$0$14,661
KERI STRAUB
VP ENROLLMENT MGMT. & MKTG.40.000.00Yes (X)$158,355$0$13,840
KESHA MORANT WILLIAMS
SR ADV FOR DIVERSITY40.000.00Yes (X)$128,683$0$32,091
MATTHEW TELLEEN
INT PROV & VP ACA. AFF.(AS OF 05/24)40.000.00Yes (X)$0$0$0
HOSSEIN VARAMINI
PROFESSOR OF FINANCE40.000.00$164,489$0$36,665Yes (X)
SARA ATWOOD
DEAN SCHOOL OF ENGINEERING40.000.00$171,992$0$43,014Yes (X)
WILLIAM STUCKEY
PROFESSOR OF PHYSICS40.000.00$156,235$0$10,897Yes (X)
NAJIBA BENABESS
DEAN FOR SCHOOL OF BUSINESS40.000.00$190,358$0$37,231Yes (X)
OYA OZKANCA
DIR OF HONORS PROG/PROF OF POL SCI40.000.00$136,662$0$41,150Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,493,735TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$430,030TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K54IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
BENCHMARK CONSTRUCTION INC
4121 OREGON PIKEBROWNSTOWNPA17508CONSTRUCTION$2,065,825
CENTURION CONSTRUCTION GROUP LLC
516 INDUSTRIAL DRIVELEWISBERRYPA17339CONSTRUCTION$1,763,754
TARGET MEDIA
4801 LINDLE ROADHARRISBURGPA17111MARKETING$671,955
ALLIED UNIVERSAL SECURITY SERVICES
PO BOX 828854PHILADELPHIAPA191828854SECURITY$623,637
DAVIS LANDSCAPE CONTRACTORS INC
2340 PAXTON CHURCH ROADHARRISBURGPA17110LANDSCAPING$454,196
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K31CntrctRcvdGreaterThan100KCnt
Federated Campaigns$127,835FederatedCampaignsAmt
Fundraising$9,277FundraisingAmt
Government Grants$3,169,555GovernmentGrantsAmt
All Other Contributions$8,319,730AllOtherContributionsAmt
Noncash Contributions$294,810NoncashContributionsAmt
Total Contributions$11,626,397TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
TUITION AND FEES611310$71,550,072$71,550,072
ROOM & BOARD721310$17,412,519$17,412,519
AUXILIARY ENTERPRISES532420$1,593,864$1,300,951$292,913
HIGH CENTER MEMBERSHIP DUES900099$1,380,140$1,380,140
HUMAN PERFORMANCE LAB900099$1,670$1,670
FieldValueIRS element (for citing)
Total Program Service Revenue$91,938,265TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,260,046TotalRevenueColumnAmt
Unrelated Business Revenue-$37,351UnrelatedBusinessRevenueAmt
Exclusion$1,297,397ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$26,325TotalRevenueColumnAmt
Related Or Exempt Func Income$26,325RelatedOrExemptFuncIncomeAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$923,634RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$923,634RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$923,634TotalRevenueColumnAmt
Unrelated Business Revenue$763,962UnrelatedBusinessRevenueAmt
Exclusion$159,672ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$315,613OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$143,886OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other$171,727OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$171,727TotalRevenueColumnAmt
Exclusion$171,727ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$31,763FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$9,277ContriRptFundraisingEventAmt
Fundraising Direct Expenses$19,361FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$12,402TotalRevenueColumnAmt
Exclusion$12,402ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$19,852GamingGrossIncomeAmt
Gaming Direct Expenses$9,798GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,054TotalRevenueColumnAmt
Exclusion$10,054ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$1,334,513GrossSalesOfInventoryAmt
Cost Of Goods Sold$1,158,492CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$176,021TotalRevenueColumnAmt
Exclusion$176,021ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
REBATES900099$111,034$111,034
ONLINE EDUCATION COURSES900099$39,641$39,641
MUSIC LESSONS900099$19,771$19,771

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,153TotalRevenueColumnAmt
Exclusion$6,153ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$176,599OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$106,321,470TotalRevenueColumnAmt
Related Or Exempt Func Income$91,731,089RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$1,019,524UnrelatedBusinessRevenueAmt
Exclusion$1,944,460ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$33,818,029TotalAmt
Program Services$33,818,029ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,092,787TotalAmt
Program Services$327,291ProgramServicesAmt
Management And General$1,325,905ManagementAndGeneralAmt
Fundraising$439,591FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$30,940,434TotalAmt
Program Services$26,759,949ProgramServicesAmt
Management And General$3,959,411ManagementAndGeneralAmt
Fundraising$221,074FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$1,878,726TotalAmt
Program Services$1,540,555ProgramServicesAmt
Management And General$281,809ManagementAndGeneralAmt
Fundraising$56,362FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$8,221,679TotalAmt
Program Services$6,741,777ProgramServicesAmt
Management And General$1,233,252ManagementAndGeneralAmt
Fundraising$246,650FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$2,289,495TotalAmt
Program Services$1,877,386ProgramServicesAmt
Management And General$343,424ManagementAndGeneralAmt
Fundraising$68,685FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$80,718TotalAmt
Management And General$80,718ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$121,356TotalAmt
Management And General$121,356ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$50,864TotalAmt
Management And General$50,864ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$111,478TotalAmt
Management And General$111,478ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,372,777TotalAmt
Program Services$1,372,777ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$2,345,729TotalAmt
Program Services$1,759,297ProgramServicesAmt
Management And General$469,146ManagementAndGeneralAmt
Fundraising$117,286FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,246,686TotalAmt
Program Services$947,481ProgramServicesAmt
Management And General$286,738ManagementAndGeneralAmt
Fundraising$12,467FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,806,098TotalAmt
Program Services$1,733,854ProgramServicesAmt
Management And General$54,183ManagementAndGeneralAmt
Fundraising$18,061FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$347,926TotalAmt
Program Services$267,903ProgramServicesAmt
Management And General$52,189ManagementAndGeneralAmt
Fundraising$27,834FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$89,254TotalAmt
Program Services$67,833ProgramServicesAmt
Management And General$19,636ManagementAndGeneralAmt
Fundraising$1,785FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$2,123,011TotalAmt
Program Services$2,123,011ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$6,165,027TotalAmt
Program Services$5,945,907ProgramServicesAmt
Management And General$164,340ManagementAndGeneralAmt
Fundraising$54,780FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$847,488TotalAmt
Program Services$813,588ProgramServicesAmt
Management And General$25,425ManagementAndGeneralAmt
Fundraising$8,475FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
COST OF FOOD$2,691,258$2,691,258
CONTRACTED SERVICES$2,589,227$1,993,705$569,630$25,892
STUDENT PROGRAMS$2,175,225$2,175,225

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$7,171,602TotalAmt
Program Services$5,591,969ProgramServicesAmt
Management And General$1,257,715ManagementAndGeneralAmt
Fundraising$321,918FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$110,576,874TotalAmt
Program Services$98,548,795ProgramServicesAmt
Management And General$10,407,219ManagementAndGeneralAmt
Fundraising$1,620,860FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,501,733BOYAmt
EOY$4,500EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$11,677,604BOYAmt
EOY$11,230,757EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,706,611BOYAmt
EOY$1,649,517EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,668,491BOYAmt
EOY$2,949,756EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$259,037BOYAmt
EOY$109,898EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$424,691BOYAmt
EOY$398,604EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,419,283BOYAmt
EOY$1,642,431EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$202,163,144LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$105,878,229LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$95,248,817BOYAmt
EOY$96,284,915EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$29,517,563BOYAmt
EOY$37,238,140EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$77,169,698BOYAmt
EOY$79,336,104EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,828,748BOYAmt
EOY$1,421,628EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$224,422,276BOYAmt
EOY$232,266,250EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$4,161,826BOYAmt
EOY$5,348,803EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$56,807,640BOYAmt
EOY$56,120,621EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$3,203,766BOYAmt
EOY$3,386,524EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$1,828,748BOYAmt
EOY$1,421,628EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$17,872,293BOYAmt
EOY$11,509,224EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$83,874,273BOYAmt
EOY$77,786,800EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$43,724,097BOYAmt
EOY$51,036,080EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$96,823,906BOYAmt
EOY$103,443,370EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$140,548,003BOYAmt
EOY$154,479,450EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$224,422,276BOYAmt
EOY$232,266,250EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$4,255,404ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$12,864,791NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$5,322,060OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Assets Included$546,899AssetsIncludedAmt
FieldValueIRS element (for citing)
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Solicited Assets Sale0SolicitedAssetsSaleInd
Agent Trustee Etc0AgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (1)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$98,565,204BeginningYearBalanceAmt
Contributions$2,698,222ContributionsAmt
Investment Earnings Or Losses$12,514,898InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,989,977GrantsOrScholarshipsAmt
Other Expenditures$3,548,726OtherExpendituresAmt
End Year Balance$107,239,621EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$105,350,705BeginningYearBalanceAmt
Contributions$1,136,517ContributionsAmt
Investment Earnings Or Losses$4,970,934InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,614,226GrantsOrScholarshipsAmt
Other Expenditures$10,278,726OtherExpendituresAmt
End Year Balance$98,565,204EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$109,803,173BeginningYearBalanceAmt
Contributions$5,513,462ContributionsAmt
Investment Earnings Or Losses-$2,677,823InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,585,023GrantsOrScholarshipsAmt
Other Expenditures$4,703,084OtherExpendituresAmt
End Year Balance$105,350,705EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$89,021,231BeginningYearBalanceAmt
Contributions$6,896,059ContributionsAmt
Investment Earnings Or Losses$22,302,423InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,203,369GrantsOrScholarshipsAmt
Other Expenditures$6,213,171OtherExpendituresAmt
End Year Balance$109,803,173EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$87,947,613BeginningYearBalanceAmt
Contributions$535,810ContributionsAmt
Investment Earnings Or Losses$5,229,066InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,495,816GrantsOrScholarshipsAmt
Other Expenditures$3,195,442OtherExpendituresAmt
End Year Balance$89,021,231EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.09750BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.64630PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.25620TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (1)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,897,815OtherCostOrOtherBasisAmt
Book Value$2,897,815BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$166,011,817OtherCostOrOtherBasisAmt
Depreciation$84,756,914DepreciationAmt
Book Value$81,254,903BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$13,843,847OtherCostOrOtherBasisAmt
Depreciation$7,785,462DepreciationAmt
Book Value$6,058,385BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$16,153,635OtherCostOrOtherBasisAmt
Depreciation$13,335,853DepreciationAmt
Book Value$2,817,782BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,256,030OtherCostOrOtherBasisAmt
Book Value$3,256,030BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$96,284,915TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (6 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
MULTI-STRATEGY$76,480,372F
PRIVATE EQUITY$1,291,475F
FUNDS HELD IN TRUST BY OTHERS$738,474F
ANNUITY FUNDS$579,970F
REAL ASSETS$226,946F
REAL ESTATE$18,867F
FieldValueIRS element (for citing)
Total Book Value Securities$79,336,104TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
POST-RETIREMENT LIABILITY$9,480,590
ANNUITY CONTRACTS AND TRUST LIABILITY$1,968,522
ADVANCES FROM FEDERAL GOVERNMENT$60,112
FieldValueIRS element (for citing)
Total Liability$11,509,224TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$89,327,117TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$12,864,791NetUnrealizedGainsInvstAmt
Other Revenue-$33,833,685OtherRevenueAmt
Revenue Not Reported-$20,968,894RevenueNotReportedAmt
Revenue Subtotal$110,296,011RevenueSubtotalAmt
Other Revenues Not Included-$3,974,541OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$3,974,541RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$106,321,470TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$75,395,670TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$3,965,166OtherExpensesIncludedAmt
Expenses Not Reported$3,965,166ExpensesNotReportedAmt
Expenses Subtotal$71,430,504ExpensesSubtotalAmt
Other Expenses Not Included$39,146,370OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$39,146,370ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$110,576,874TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 4:COLLECTIONS OF ART, HISTORICAL TREASURES & OTHER SIMILAR ASSETS THE COLLEGE REPORTS $546,899 OF ART AND SCULPTURES ON ITS BALANCE SHEET FOR THE YEAR ENDING 6/30/2024. THESE COLLECTIONS FURTHER THE COLLEGE'S EXEMPT EDUCATIONAL PURPOSE BY FOSTERING AN APPRECIATION OF THE LIBERAL ARTS FOR THE STUDENTS, STAFF AND VISITORS TO THE COLLEGE CAMPUS.
PART IV, LINE 2B:ESCROW AND CUSTODIAL ARRANGEMENTS THE COLLEGE HOLDS DEPOSITS THAT RELATE PRIMARILY TO SUMMER AND FALL SESSION TUITION AND MATRICULATION AND BREAKAGE DEPOSITS RECEIVED PRIOR TO JUNE 30. THE COLLEGE ALSO HOLDS AGENCY FUNDS THAT CONSIST OF ASSETS HELD FOR THE COLLEGE'S STUDENT ORGANIZATIONS. IN ADDITION, THE COLLEGE HOLDS CERTAIN FUNDS HELD BY A DESIGNATED TRUSTEE FOR THE PAYMENT ON CONSTRUCTION COSTS AND MAINTENANCE OF DEBT RESERVE FUNDS AND FUNDS HELD IN RESERVE FOR PAYMENT OF FUTURE EMPLOYEE HEALTHCARE COSTS.
PART V, LINE 4:ENDOWMENT FUNDS THE COLLEGE'S ENDOWMENT FUND IS INTENDED TO PROVIDE FUNDING FOR SCHOLARSHIPS, PROFESSORSHIPS, LECTURESHIPS AND OTHER AWARDS. THE ENDOWMENT'S EARNINGS ARE USED TO FUND THE COLLEGE'S DAILY OPERATIONS, INCLUDING STUDENT SCHOLARSHIPS, STUDENT PROGRAMS, AND OTHER CAMPUS ACTIVITIES; THE ENDOWMENT'S PRINCIPAL IS INTENDED TO REMAIN UNTOUCHED FOR FURTHER INVESTMENT GROWTH.
PART X, LINE 2:INCOME TAXES THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT IS ALSO EXEMPT FROM STATE INCOME TAX. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. THE COLLEGE FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE COLLEGE FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2024 AND 2023. THE COLLEGE'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES.
PART XI, LINE 2D - OTHER ADJUSTMENTS:SCHOLARSHIPS RECLASSED TO FORM 990, PART IX -33,833,685.
PART XI, LINE 4B - OTHER ADJUSTMENTS:RECLASSED COST OF GOODS SOLD -1,158,492. DONATED GALA PRIZES NOT INCLUDED IN FINANCIAL STATEMENTS -9,375. BOOK INCOME ADJUSTMENT SUBSEQUENT TO THE ISSUANCE OF THE FINANCIAL STATEMENT -2,806,674.
PART XII, LINE 2D - OTHER ADJUSTMENTS:RECLASSED COST OF GOODS SOLD 1,158,492. BOOK INCOME ADJUSTMENT SUBSEQUENT TO THE ISSUANCE OF THE FINANCIAL STATEMENT 2,806,674.
PART XII, LINE 4B - OTHER ADJUSTMENTS:SCHOLARSHIPS RECLASSED TO FORM 990, PART IX 33,833,685. POST-RETIREMENT BENEFIT EXPENSE 5,312,685.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3THE COLLEGE'S RACIALLY NONDISCRIMINATORY POLICY APPEARS IN ITS CATALOG, AS WELL AS IN THE ADMISSIONS PROSPECTUS. IT IS ALSO INCLUDED IN ALL ADVERTISEMENTS AND RECRUITING LITERATURE AS WELL AS ON ITS WEBSITE.
SCHEDULE E, PART I, LINE 6THE COLLEGE RECEIVES FINANCIAL AID FUNDS FROM THE DEPARTMENT OF EDUCATION VIA THE FOLLOWING PROGRAMS: FEDERAL PELL GRANTS, FEDERAL SUPPLEMENTAL EDUCATIONAL GRANTS, FEDERAL WORK STUDY PROGRAM, THE NATIONAL SCIENCE FOUNDATION, AND THE FEDERAL DIRECT LOAN PROGRAM.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1BLUE JAY GOLF TOURNAMENTEvent1Nm
Gross Receipts Event1$41,040GrossReceiptsEvent1Amt
Charitable Contri Event1$9,277CharitableContriEvent1Amt
Gross Revenue Event1$31,763GrossRevenueEvent1Amt
Cash Prizes Event1$325CashPrizesEvent1Amt
Non Cash Prizes Event1$5,400NonCashPrizesEvent1Amt
Rent Facility Costs Event1$5,500RentFacilityCostsEvent1Amt
Food And Beverage Event1$7,521FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$615OtherDirectExpensesEvent1Amt
Gross Receipts Total$41,040GrossReceiptsTotalAmt
Charitable Contributions Tot$9,277CharitableContributionsTotAmt
Gross Revenue Total Events$31,763GrossRevenueTotalEventsAmt
Cash Prizes Total Events$325CashPrizesTotalEventsAmt
Non Cash Prizes Total Events$5,400NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$5,500RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$7,521FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$615OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$19,361DirectExpenseSummaryEventsAmt
Net Income Summary$12,402NetIncomeSummaryAmt

Gaming Information GamingInformationGrp

FieldValueIRS element (for citing)
Gross Revenue Bingo$19,852GrossRevenueBingoAmt
Non Cash Prizes Bingo$9,375NonCashPrizesBingoAmt
Other Direct Expenses Bingo$423OtherDirectExpensesBingoAmt
Volunteer Labor Bingo0VolunteerLaborBingoInd
Gross Revenue Total Gaming$19,852GrossRevenueTotalGamingAmt
Non Cash Prizes Total Gaming$9,375NonCashPrizesTotalGamingAmt
Oth Direct Expnss Total Gaming$423OthDirectExpnssTotalGamingAmt
Direct Expense Summary Gaming$9,798DirectExpenseSummaryGamingAmt
Net Gaming Income Summary$10,054NetGamingIncomeSummaryAmt
FieldValueIRS element (for citing)
States Where Gaming ConductedPAStatesWhereGamingConductedCd
LicensedYes (1)LicensedInd
License Suspended Etc0LicenseSuspendedEtcInd
Gaming With NonmembersYes (1)GamingWithNonmembersInd
Member Of Other Entity0MemberOfOtherEntityInd
Gaming Own Facility1.00000GamingOwnFacilityPct
Individual With BooksJAYMA REAGGSIndividualWithBooksNm

Persons With Books US Address PersonsWithBooksUSAddress

FieldValueIRS element (for citing)
Address Line1ONE ALPHA DRIVEAddressLine1Txt
CityELIZABETHTOWNCityNm
State AbbreviationPAStateAbbreviationCd
ZIP170222298ZIPCd
FieldValueIRS element (for citing)
Cntrct With3rd Prty For Game Rev0CntrctWith3rdPrtyForGameRevInd
Gaming Manager PersonJAYMA REAGGSGamingManagerPersonNm
Gaming Manager Compensation$0GamingManagerCompensationAmt
Gaming Manager Services ProvMS. REAGGS COLLECTS THE INFORMATION NECESSARY FOR ACCURATELY REPORTING THE COLLEGE'S ONE-TIME BINGO ACTIVITIES ON ITS FORM 990, ANNUAL INFORMATION RETURN.GamingManagerServicesProvTxt
Gaming Manager Is EmployeeYes (X)GamingManagerIsEmployeeInd
Charitable Distribution Rqr0CharitableDistributionRqrInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE G, LINE 14FormAndLineReferenceDesc
ExplanationTHE COLLEGE DOES NOT MAINTAIN SEPARATE BINGO BOOKS AND RECORDS; HOWEVER, JAYMA REAGGS, ASSISTANT CONTROLLER, IS TASKED WITH PROPERLY OVERSEEING THE ACCOUNTING FOR THE BINGO. MS. REAGGS IS NOT A "GAMING MANAGER" AS DEFINED IN SCHEDULE G AND DOES NOT GET PAID ADDITIONAL WAGES FOR UNDERTAKING THIS RESPONSIBILITY.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (5 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
INSTITUTIONAL GIFT AID1767$29,995,963
ENDOWED SCHOLARSHIPS703$2,974,315
RESTRICTED CURRENT SCHOLARSHIPS113$666,166
SUPP. EDUCATION OPPORTUNITY GRANT (SEOG)261$135,702
YELLOW RIBBON MATCH11$45,883

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationGRANTS OR OTHER ASSISTANCE IN THE UNITED STATES ELIZABETHTOWN COLLEGE PROVIDES SCHOLARSHIPS TO STUDENTS MATRICULATING AT THE COLLEGE. STUDENTS RECEIVING SCHOLARSHIPS ARE NOT PERMITTED ANY DISCRETION ON HOW TO SPEND THOSE FUNDS AS ALL AMOUNTS ARE USED TO SATISFY TUITION COSTS. ACCORDINGLY, ALL FUNDS GRANTED ARE USED TO DEFRAY THE COST OF TUITION AND NO FURTHER MONITORING OF THE GRANTS IS REQUIRED.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Written Policy Ref T And E Expnss0WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (13 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
BETTY RIDER
PRESIDENT$300,396$0$25,000$0$0$0$26,120$0$10,012$0$361,528$0$0$0
GERALD L SILBERMAN
SR VP ADMIN & FIN. (THRU 06/30/24)$247,106$0$0$0$7,356$0$25,500$0$175$0$280,137$0$0$0
BRIAN FALCK
VP FOR INSTITUTIONAL ADVANCEMENT$187,660$0$0$0$3,924$0$19,380$0$26,110$0$237,074$0$0$0
NAJIBA BENABESS
DEAN FOR SCHOOL OF BUSINESS$190,358$0$0$0$0$0$18,640$0$18,591$0$227,589$0$0$0
SARA ATWOOD
DEAN SCHOOL OF ENGINEERING$171,992$0$0$0$0$0$17,701$0$25,313$0$215,006$0$0$0
KRISTI KNEAS
PROV & VP ACA AFFAIRS(THRU 06/30/24)$176,427$0$0$0$0$0$18,107$0$18,592$0$213,126$0$0$0
HOSSEIN VARAMINI
PROFESSOR OF FINANCE$164,489$0$0$0$0$0$16,374$0$20,291$0$201,154$0$0$0
ROBERT KERIN
VP OPERATIONS & AUX SVCS$145,665$0$0$0$15,000$0$4,845$0$28,696$0$194,206$0$0$0
JOHN CHAMPOLI
VP ENROLLMENT MGMT (THRU 08/23)$152,385$0$0$0$9,910$0$4,727$0$18,217$0$185,239$0$0$0
OYA OZKANCA
DIR OF HONORS PROG/PROF OF POL SCI$136,662$0$0$0$0$0$12,454$0$28,696$0$177,812$0$0$0
KERI STRAUB
VP ENROLLMENT MGMT. & MKTG.$153,240$0$0$0$5,115$0$13,824$0$16$0$172,195$0$0$0
WILLIAM STUCKEY
PROFESSOR OF PHYSICS$156,235$0$0$0$0$0$10,881$0$16$0$167,132$0$0$0
KESHA MORANT WILLIAMS
SR ADV FOR DIVERSITY$128,683$0$0$0$0$0$13,500$0$18,591$0$160,774$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 1AFormAndLineReferenceDesc
ExplanationVP FOR ENROLLMENT, JOHN CHAMPOLI RECEIVED ON-CAMPUS HOUSING. THE VALUE OF THE HOUSING WAS ASSIGNED A FAIR MARKET VALUE AND WAS INCLUDED IN COMPENSATION FOR CALENDAR YEAR 2023.ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1LANCASTER HIGHER EDUCATION AUTHORITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN232224897BondIssuerEIN
CUSIP514273AEICUSIPNum
Bond Issued2022-04-20BondIssuedDt
Issue Price$57,263,782IssuePriceAmt
PurposeREFINANCE BONDS; FUND CAPITAL PROJECTSPurposeDesc
Defeased0DefeasedInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Pool Financing0PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Total Proceeds$57,263,782TotalProceedsAmt
In Reserve Fund$3,675,500InReserveFundAmt
Issuance Costs From Proceeds$708,974IssuanceCostsFromProceedsAmt
Other Spent Proceeds$49,914,553OtherSpentProceedsAmt
Unspent$2,964,754UnspentAmt
Substantial Completion2022SubstantialCompletionYr
Refunding Tax Exempt BondsYes (1)RefundingTaxExemptBondsInd
Refunding Taxable Bonds0RefundingTaxableBondsInd
Final Allocation MadeYes (1)FinalAllocationMadeInd
Adequate Books And Rec MaintYes (1)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed Property0OwningBondFinancedPropertyInd
Any Lease Arrangements0AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop0MgmtContractBondFincdPropInd
Any Research Agreements0AnyResearchAgreementsInd
Bond Iss Meet Prvt Sec Pymt Test0BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop0ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond RemdtdYes (1)ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T Filed0Form8038TFiledInd
Rebate Not Due YetYes (1)RebateNotDueYetInd
Exception To Rebate0ExceptionToRebateInd
No Rebate Due0NoRebateDueInd
Variable Rate Issue0VariableRateIssueInd
Hedge Identified In Bks And Rec0HedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GIC0GrossProceedsInvestedInGICInd
Gross Proceeds Invested0GrossProceedsInvestedInd
Written Proc To Monitor ReqsYes (1)WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective ActionYes (1)ProceduresCorrectiveActionInd

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution11ContributionCnt
Noncash Contributions Rpt F990$103,386NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt

Food Inventory FoodInventoryGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution8ContributionCnt
Noncash Contributions Rpt F990$605NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (5 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)PIANO1$93,100FMV
Yes (X)CLASSROOM SUPPLIES3$59,377FMV
Yes (X)SPORTS EQUIPMENT1$22,175FMV
Yes (X)DONATED PRIZES160$15,667FMV
Yes (X)INSURANCE1$500FMV
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE M, PART I COLUMN (B):FormAndLineReferenceDesc
ExplanationMETHOD USED ELIZABETHTOWN COLLEGE USES THE NUMBER OF CONTRIBUTIONS AS THE METHOD FOR DETERMINING THE AMOUNT IN COLUMN (B).ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 1 - ORGANIZATION'S MISSIONELIZABETHTOWN COLLEGE PROVIDES A TRANSFORMATIVE EDUCATIONAL EXPERIENCE THAT CULTIVATES PERSONAL STRENGTHS AND DEVELOPS A PASSION FOR LIFELONG LEARNING AND PURPOSEFUL WORK. ELIZABETHTOWN COLLEGE COMBINES THE MOST SOUGHT-AFTER PROFESSIONAL PROGRAMS, GUARANTEED HIGH-IMPACT EXPERIENCES LIKE RESEARCH, INTERNSHIPS, AND CROSS-CULTURAL STUDY, WITH A 125 YEAR TRADITION OF LEARNING TO THINK CRITICALLY, ANALYZE DEEPLY, AND COMMUNICATE EFFECTIVELY. ETOWN OFFERS AN ESSENTIAL EDUCATION THAT MAKES 98% OF OUR GRADUATES AGREE THEY HAVE WHAT IT TAKES TO BE SUCCESSFUL. OUR MISSION IS TO EDUCATE FOR SERVICE, GROUNDED IN THE BELIEF THAT LEARNING IS MOST NOBLE WHEN USED TO BENEFIT OTHERS, REGARDLESS OF CAREER PATH. WE PREPARE OUR STUDENTS TO LEAD PURPOSEFUL AND MEANINGFUL LIVES WHILE FOSTERING INDEPENDENT THOUGHT, PERSONAL INTEGRITY, AND SOCIAL RESPONSIBILITYFOUNDATIONS FOR A LIFETIME OF LEARNING. WE UPHOLD THE VALUES OF PEACE, NON-VIOLENCE, HUMAN DIGNITY, AND SOCIAL JUSTICE. OUR TRANSFORMATIVE EDUCATIONAL EXPERIENCE CULTIVATES PERSONAL STRENGTHS AND INSPIRES A PASSION FOR LIFELONG LEARNING AND PURPOSEFUL WORK. THE IMPACT OF AN ELIZABETHTOWN COLLEGE EDUCATION IS LONG-LASTING AND FAR-REACHING BECAUSE IT IS DEEPLY TRANSFORMATIVE. STUDENTS ACQUIRE NEW HABITS OF MIND AND HEARTSOME IN THE COURSE OF THE UNDERGRADUATE EXPERIENCE, OTHERS AS STUDENTS GROW BEYOND COLLEGE. OUR EDUCATIONAL EXPERIENCE BLENDS A HIGH STANDARD OF SCHOLARSHIP WITH FOUR SIGNATURE ATTRIBUTES, WHICH INCLUDE COMMITMENTS TO EDUCATE OUR STUDENTS IN A RELATIONSHIP-CENTERED LEARNING COMMUNITY, TO FOSTER IN OUR STUDENTS INTERNATIONAL AND CROSS-CULTURAL PERSPECTIVES, TO COMPLEMENT CLASSROOM INSTRUCTION WITH EXPERIENTIAL-LEARNING OPPORTUNITIES, AND TO PREPARE OUR STUDENTS FOR PURPOSEFUL LIVES AND MEANINGFUL WORK. OUR EDUCATIONAL PROGRAMS ENGAGE STUDENTS IN WAYS THAT CAPTURE THEIR MOST PROFOUND ATTENTION, CONFRONT THEM WITH LEARNING EXPERIENCES THAT ARE COMPELLING, AND CALL OUT FROM THEM RESPONSES THAT REACH BEYOND WHAT EVEN THEY THOUGHT POSSIBLE. IN THIS LEARNING COMMUNITY, OUR FACULTY MEMBERS AND OTHER EMPLOYEES DEMONSTRATE THEIR PASSION FOR THEIR SUBJECTS AND FOR CONTINUED LEARNING SO THAT OUR STUDENTS SEE HOW COMPELLING DEEP ENGAGEMENT IS. STUDENTS RECEIVE PERSONAL ATTENTION, AS ALL EMPLOYEES COMMIT TO EXPRESSING SINCERE AND GENUINE INTEREST IN THE EDUCATIONAL SUCCESS OF OUR STUDENTS. OUR COLLEGE'S CLASSES DELIBERATELY ARE KEPT SMALL TO SUPPORT OUR STUDENTS' INDIVIDUAL NEEDS AND CHALLENGE THEM TO GROW. ELIZABETHTOWN OFFERS A GLOBALIZED CURRICULUM AND CO-CURRICULUM. PROGRAMS OF STUDY AND DEVELOPMENT HELP STUDENTS UNDERSTAND AND EFFECTIVELY ENGAGE WITH OTHER CULTURES AND THE GLOBALIZATION OF LIFE AND WORK. OUR STAFF INCLUDES FACULTY MEMBERS AND OTHER EMPLOYEES WHO ARE CITIZENS OF COUNTRIES FROM AROUND THE WORLD, WHO SPEAK A MULTITUDE OF LANGUAGES, AND WHO HAVE HAD MYRIAD STUDY AND RESIDENTIAL EXPERIENCES ON OTHER CONTINENTS. STUDENTS STUDY ALONGSIDE STUDENTS FROM OTHER CULTURES. ADDITIONALLY, THEY ENCOUNTER OUR INTERNATIONAL WORLD WHEN THEY VISIT, STUDY IN OR LIVE IN CITIES AS DIVERSE AS HARRISBURG, PHILADELPHIA, LONDON, BEIJING AND QUITO. ELIZABETHTOWN SEEKS TO BROADEN THE CONTEXTS FOR STUDENT LEARNING BY FOSTERING EDUCATIONAL EXPERIENCES THROUGH WHICH STUDENTS LEARN BY DOING. THROUGH THIS EXPERIENTIAL LEARNING, STUDENTS DEVELOP THE APTITUDE TO LINK THEORY AND EXPERIENCE, AND THEY ARE BETTER PREPARED TO CONTINUE LEARNING THROUGHOUT THEIR LIFETIME. THESE OPPORTUNITIES ARE AVAILABLE THROUGH INTERNSHIPS AND EXTERNSHIPS, FIELD PLACEMENT ASSIGNMENTS, INDEPENDENT AND COLLABORATIVE RESEARCH PROJECTS, SERVICE-LEARNING AND CIVIC ENGAGEMENT, LEADERSHIP DEVELOPMENT AND CAMPUS ENJOYMENT. IN BOTH THE CURRICULUM AND COCURRICULAR, THE COLLEGE'S EDUCATIONAL PROGRAM FOSTERS AN UNDERSTANDING OF EDUCATION FOR A LIFE OF PURPOSE BASED ON A HOLISTIC MODEL OF STUDENT DEVELOPMENT THAT INTEGRATES CAREER DEVELOPMENT; REFLECTION ON VOCATION, MEANING AND LIFE; AND A COMMITMENT TO CIVIC ENGAGEMENT. AS A RESULT, GRADUATES OF ELIZABETHTOWN ARE PREPARED TO MAKE THE WORLD A BETTER PLACE. THEY DO SO, IN PART, BY LIVING IN WAYS THAT REFLECT THEIR INDIVIDUAL COMMITMENTS, RESPOND TO THE NEEDS OF OTHERS, AND VALUE PERSONAL AND ETHICAL INTEGRITY.
FORM 990, PART III - PROGRAM SERVICE, LINE 4AELIZABETHTOWN COLLEGE, WITH OVER 1,600 UNDERGRADUATES, IS AN INDEPENDENT, RESIDENTIAL, COEDUCATIONAL COLLEGE IN SOUTH CENTRAL LANCASTER COUNTY, PENNSYLVANIA. THE COLLEGE, ESTABLISHED BY THE CHURCH OF THE BRETHREN IN 1899, MAINTAINS 7 SCHOOLS AND 19 ACADEMIC DEPARTMENTS, OFFERING A VARIETY OF PROGRAMS AT NUMEROUS AWARD LEVELS. THE CORE CURRICULUM EMPHASIZES THE ARTS, HUMANITIES, AND SCIENCES. ELIZABETHTOWN COLLEGE WAS CHARTERED IN 1899 BY MEMBERS OF THE CHURCH OF THE BRETHREN WHO WERE INTERESTED IN ESTABLISHING AN INSTITUTION OF HIGHER EDUCATION FOR THEIR DENOMINATION IN EASTERN PENNSYLVANIA. THE COMMONWEALTH OF PENNSYLVANIA GRANTED A CHARTER ON SEPTEMBER 23, 1899. CLASSES WERE HELD FOR THE FIRST TIME THE FOLLOWING YEAR. DURING ITS EARLY YEARS, LIMITED ENROLLMENT AND FINANCES HAMPERED THE GENERAL DEVELOPMENT OF THE INSTITUTION. SUPPORTED INITIALLY BY CONTRIBUTIONS FROM INDIVIDUAL CHURCHMEN, THE COLLEGE IN TIME BECAME THE RESPONSIBILITY OF THE EASTERN (NOW THE ATLANTIC NORTHEAST) AND SOUTHERN DISTRICT OF PENNSYLVANIA OF THE CHURCH OF THE BRETHREN. THE CHURCH DISTRICTS OFFICIALLY ASSUMED THE RESPONSIBILITY FOR OPERATING THE COLLEGE IN JANUARY 1919. WITH THE ADVANCING YEARS, THE COLLEGE GREW IN THE SIZE OF ITS ENROLLMENT, THE EXTENT OF ITS PHYSICAL FACILITIES, AND THE QUALITY OF ITS ACADEMIC PROGRAM. FORMAL ACCREDITATION WAS GRANTED IN 1921 BY THE PENNSYLVANIA DEPARTMENT OF PUBLIC INSTRUCTION AND IN 1948 BY THE MIDDLE STATES ASSOCIATION OF COLLEGES AND SECONDARY SCHOOLS. THE RATE OF GROWTH INCREASED SIGNIFICANTLY FROM THE END OF THE SECOND WORLD WAR. STUDENT ENROLLMENT HAS MORE THAN QUADRUPLED SINCE THAT TIME. THE ACADEMIC PROGRAM HAS BEEN EXPANDED AND IS CONTINUALLY REVISED TO MEET THE CHANGING NEEDS OF STUDENTS. ELIZABETHTOWN COLLEGE'S SCHOOL OF GRADUATE AND PROFESSIONAL STUDIES (SGPS) CONTINUES TO OFFER TRANSFORMATIVE GRADUATE AND ONLINE PROGRAMS AS WELL AS MICRO-CREDENTIALS ACROSS A VARIETY OF FLEXIBLE FORMATS. SGPS CONTINUES TO ADD PROGRAMS THAT PROVIDE EXCELLENCE COMBINED WITH THE ACCESS AND FLEXIBILITY LIFELONG LEARNER'S DEMAND. ELIZABETHTOWN COLLEGE WAS ONE OF JUST 42 INSTITUTIONS ACROSS THE STATE TO BE NAMED A RECIPIENT OF THE 2023-24 PENNSYLVANIA DEPARTMENT OF EDUCATION'S PASMART ADVANCING COMPUTER SCIENCE AND STEM EDUCATION GRANT TO IMPROVE ACCESS TO SCIENCE, TECHNOLOGY, ENGINEERING, MATH, AND COMPUTER SCIENCE EDUCATION. ELIZABETHTOWN COLLEGE WAS AWARDED FOR ITS PROJECT, "FUTURE READY: COMPUTER SCIENCE AND STEM EDUCATION FOR ALL COLLABORATIVE," WHICH AIMS TO HELP ADDRESS THE NEED FOR HIGHLY QUALIFIED COMPUTER SCIENCE (CS) PROFESSIONALS TO FILL ANTICIPATED EMPLOYMENT VACANCIES AT THE LOCAL, REGIONAL, AND STATE LEVELS BY INCREASING THE NUMBER OF TEACHERS THAT ARE REPRESENTATIVE OF THE PENNSYLVANIA POPULATION. IT WILL ALSO STRENGTHEN CS AND STEM LEARNING OPPORTUNITIES. ELIZABETHTOWN COLLEGE UNDERSTANDS THAT QUALITY AND VALUE NEED TO GO HAND IN HAND. THE COLLEGE'S EDUCATIONAL PHILOSOPHY FOSTERS AN UNDERSTANDING OF EDUCATION FOR A LIFE OF PURPOSE BASED ON A MODEL OF STUDENT DEVELOPMENT THAT INTEGRATES CAREER READINESS AND A COMMITMENT TO CIVIC ENGAGEMENT. AS A RESULT, GRADUATES ARE PREPARED TO MAKE THE WORLD A BETTER PLACE AND BE SUCCESSFUL WHILE DOING SO. ELIZABETHTOWN COLLEGE DELIVERS A HIGH-QUALITY, HIGH-VALUE EDUCATION THAT PROVIDES THE KIND OF EARNING POWER THAT RANKS THE COLLEGE AMONG THE COUNTRY'S HIGHEST VALUE-ADDED INSTITUTIONS WITH MID-CAREER EARNINGS 27% MORE THAN PREDICTED. BASED ON A STUDY DONE BY THE COLLEGE, 94% OF GRADUATES ARE EMPLOYED OR PURSUING CONTINUING EDUCATION WITHIN ONE YEAR OF GRADUATION. IN ADDITION, OVER 90% OF GRADUATES HAD AT LEAST ONE FACULTY MEMBER WHO MADE THEM EXCITED ABOUT LEARNING AND REPORTED THAT THEIR PROFESSOR CARED ABOUT THEM AS A PERSON.
FORM 990, PART III - PROGRAM SERVICE, LINE 4BTHE HIGH LIBRARY PARTNERS WITH ELIZABETHTOWN COLLEGE STUDENTS, FACULTY, AND STAFF TO PROMOTE LEARNING AND DISCOVERY AS WE EDUCATE FOR SERVICE. WE ARE COMMITTED TO CONNECTING PEOPLE WITH IDEAS AND TO CREATING AN INTELLECTUAL AND CULTURAL COMMONS BOTH PHYSICAL AND VIRTUAL WHERE INDIVIDUALS CAN EXPERIENCE THE POWER OF SHARING INFORMATION. THE HIGH LIBRARY STIMULATES, INSPIRES AND ENGAGES OUR COMMUNITY BY OFFERING RESOURCES AND SUPPORT FOR CREATIVE AND CRITICAL INQUIRY. GOAL 1: PROVIDE RELIABLE ACCESS TO INFORMATION RESOURCES TO EDUCATE THE COLLEGE COMMUNITY FOR LIVES OF SERVICE AND LEADERSHIP AS CITIZENS OF THE WORLD. GOAL 2: PROVIDE PROFESSIONAL EXPERTISE: HELP STUDENTS DISCOVER THE RESOURCES NEEDED TO ENHANCE CLASSROOM SUCCESS AND TO NAVIGATE DIVERSE CULTURAL PERSPECTIVES; PROVIDE DIRECTION AND VISION FOR THE COLLEGE WITH REGARD TO INTELLECTUAL PROPERTY, INFORMATION TECHNOLOGY AND DIGITAL INITIATIVES. GOAL 3: CREATE THE COMMONS: SUPPORT SPACES THAT ALLOW STUDENTS TO WORK SINGLY AND IN GROUPS TO ACQUIRE NEW HABITS OF MIND. GOAL 4: PARTNER WITH STUDENTS, FACULTY, STAFF AND OTHER OFFICES AT THE COLLEGE TO FUEL MOTIVATION, CATALYZE CURIOSITY AND FOSTER PURPOSEFUL LIFE WORK. GOAL 5: DEEPEN CAMPUS ENGAGEMENT WITH THE COMMUNITY AND THE WORLD TO EXPAND INTELLECTUAL HORIZONS AND HELP OUR SCHOLARS APPLY AND INTEGRATE THEIR LEARNING. PURSUE SUPPLEMENTARY CAPITAL TO SUPPORT THIS GOAL AND OTHER SPECIAL PROJECTS.
FORM 990, PART III - PROGRAM SERVICE, LINE 4CIN 1995, A GROUP OF BUSINESS PEOPLE, FAMILY BUSINESS OWNERS, AND REPRESENTATIVES OF ELIZABETHTOWN COLLEGE, CAME TOGETHER TO FILL A RECOGNIZED NEED. WITH FAMILY BUSINESSES COMPRISING THE BACKBONE OF OUR ECONOMY, STRENGTHENING ENTREPRENEURIAL FAMILIES HAS A GREAT IMPACT ON THE COMMUNITY. THE S. DALE HIGH CENTER FOR FAMILY BUSINESS HAS ALWAYS BEEN DEDICATED TO BRINGING THE BEST AVAILABLE RESOURCES TO FAMILIES IN BUSINESSES FOR SOUTH CENTRAL PENNSYLVANIA AND BEYOND. TODAY, THE S. DALE HIGH CENTER FOR FAMILY BUSINESS IS PROUD TO BE ONE OF THE LARGEST AND OLDEST CENTERS IN THE COUNTRY, SERVING OVER 180 MEMBER COMPANIES, FACILITATES 28 CEO AND KEY EXECUTIVE PEER GROUPS. UNDER THE LEADERSHIP OF EXECUTIVE DIRECTOR MIKE MITCHELL AND DIRECTOR OF MEMBER SERVICES LEN KOPEC, THE CENTER HAS CONTINUED TO BUILD ON THE FOUNDING PRINCIPLES DALE HIGH SET FORTH 25 YEARS AGO. BY SERVING AND STRENGTHENING FAMILY AND PRIVATELY HELD BUSINESSES THROUGH SUCCESSION PLANNING, LEADERSHIP TRAINING AND LEGACY BUILDING, THE HIGH CENTER IS NOW ABLE TO PROVIDE MEMBERSHIP OPPORTUNITIES FOR ALL OF SOUTH CENTRAL PENNSYLVANIA. WITH THE ENTHUSIASTIC SUPPORT OF OUR CORPORATE PARTNERS, THE CENTER IS PROUDLY DELIVERING THE TOP BUSINESS SPEAKERS IN THE COUNTRY TO SHARE THEIR MESSAGE TO LOCAL BUSINESS OWNERS AND EXECUTIVE TEAMS. AND WITH THE CONTINUED EXPANSION OF SERVICES INTO NEW MARKETS, OUR PEER GROUP PROGRAM IS HELPING MORE THAN 200 EXECUTIVES GAIN A COMPETITIVE EDGE IN TODAY'S COMPETITIVE BUSINESS ENVIRONMENT.
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 REVIEW THE FORM 990 WAS PREPARED BY A NATIONALLY RENOWNED ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCIAL DEPARTMENT. A DRAFT OF THE FORM 990 WAS REVIEWED BY GRANT THORNTON WITH THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. A COPY OF THE FORM 990 WAS POSTED ELECTRONICALLY TO A BOARD OF TRUSTEE WEBSITE ALLOWING FOR REVIEW. FOLLOWING BOARD REVIEW AND SUBSEQUENT UPDATES TO THE RETURN, IF ANY, THE FORM 990 WAS ELECTRONICALLY FILED WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12CCONFLICT OF INTEREST POLICY EACH OFFICER, DIRECTOR, TRUSTEE AND KEY EMPLOYEE OF THE COLLEGE IS REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST THAT ARISE BY VIRTUE OF THEIR EMPLOYMENT, BOARD SERVICE, OR POSITION WITH THE COLLEGE. THE COLLEGE MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY THROUGH AN ANNUAL QUESTIONNAIRE/DISCLOSURE STATEMENT THAT IS DISTRIBUTED TO THE TRUSTEES. POTENTIAL CONFLICTS ARE REVIEWED ON A TIMELY BASIS.
FORM 990, PART VI, SECTION B, LINE 15DETERMINATION OF COMPENSATION THE COLLEGE UNDERTAKES A THOROUGH PROCESS TO ENSURE THAT THE EXECUTIVE COMPENSATION IT PAYS TO ITS TOP MANAGEMENT OFFICIAL AND ALL OF ITS OFFICERS AND KEY EMPLOYEES OF THE COLLEGE IS REASONABLE GIVEN THE MARKET IN WHICH THE COLLEGE OPERATES. THE BOARD OF TRUSTEES HAS ESTABLISHED AN EXECUTIVE COMMITTEE OF INDEPENDENT PERSONS THAT HAVE NO PERSONAL INTEREST IN THE PROPOSED COMPENSATION AGREEMENT. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES ANNUALLY REVIEWS THE PERFORMANCE OF THE PRESIDENT AGAINST AGREED UPON OBJECTIVES FOR THE YEAR. ALL OTHER OFFICERS ARE REVIEWED ANNUALLY.
FORM 990, PART VI, SECTION C, LINE 19DOCUMENTS AVAILABLE TO THE PUBLIC THE COLLEGE MAKES ITS FORM 990 AVAILABLE ON CAMPUS AND IS LIKEWISE PUBLISHED ON THE INTERNET AT WWW.GUIDESTAR.ORG. THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS NOT ORDINARILY MADE AVAILABLE TO THE PUBLIC, BUT, IF REQUESTED, WILL BE PROVIDED AT MANAGEMENT'S DISCRETION.
FORM 990, PART XI, LINE 9:CHANGE IN VALUE OF POST-RETIREMENT BENEFITS 5,312,685. DONATED NON-CASH PRIZES 9,375.