2024-04-08T13:09:16-05:00 2023-05-31 FORVIS LLP 111 E Wayne St Suite 600 Fort Wayne IN 46802 990 2022-06-01 410706151 NORTH CENTRAL UNIVERSITY % TIMOTHY HAGER NORT 6123434464 910 ELLIOT AVENUE MINNEAPOLIS MN 55404 DOUG GRAHAM PRESIDENT 6123434464 2024-04-15 true DOUG GRAHAM 999009999 Lauren R Denton P01571860 2604604000 3 2022 2023-04-26 12:10:37Z DOUG GRAHAM 910 ELLIOT AVENUE MINNEAPOLIS MN 55404 41962485 false 1678 X WWW.NORTHCENTRAL.EDU X 1930 MN TO TRAIN AND PREPARE LEADERS TO SERVE THEIR COMMUNITY, CHURCH, AND WORLD ACCORDING TO THEIR VOCATION AND GIFTS. 28 28 702 50 0 0 8477538 5210703 28319581 28395029 357659 1052662 623628 467661 37778406 35126055 12753832 11863108 0 0 12917657 13359846 0 0 441403 11920418 11875728 37591907 37098682 186499 -1972627 48028269 47336353 8251409 10433293 39776860 36903060 X NORTH CENTRAL UNIVERSITY IS A CHRISTIAN UNIVERSITY WITH A COMMITMENT TO ACADEMIC EXCELLENCE. false false 32102062 11863108 28395029 NORTH CENTRAL UNIVERSITY (THE UNIVERSITY) IS A CHRISTIAN UNIVERSITY, WITH AN URBAN AND INTERNATIONAL FOCUS, WHOSE PURPOSE IS TO PREPARE PENTECOSTAL LEADERS TO SERVE GOD IN THE CHURCH, THEIR COMMUNITY, AND THE WORLD. THE UNIVERSITY OFFERS ABOUT SIXTY AREAS OF STUDY THROUGH ITS COLLEGE OF ARTS AND SCIENCES, COLLEGE OF FINE ARTS, AND COLLEGE OF CHURCH LEADERSHIP. THE CURRICULUM IS SUPPORTED WITH A CHRISTIAN WORLD VIEW DEVELOPED THROUGH A MEANINGFUL, INTEGRATED GENERAL EDUCATION CORE PROGRAM. THE UNIVERSITY TRAINS STUDENTS TO SERVE GOD IN A VARIETY OF WAYS ACCORDING TO THEIR VOCATION AND GIFTS. PROGRAM FOCUS AT NORTH CENTRAL IS PARTICULARLY UPON URBAN AND INTERNATIONAL SETTINGS, UTILIZING THE METROPOLITAN CONTEXT OF THE MINNEAPOLIS-ST. PAUL AREA AS LABORATORY FOR EFFECTIVE MINISTRY AND WORK IN THE MARKETPLACE, IN ADDITION TO PROVIDING A FULL ARRAY OF CREATIVE INTERNATIONAL LEARNING OPPORTUNITIES. NORTH CENTRAL IS A COEDUCATIONAL, PRIMARILY UNDERGRADUATE RESIDENTIAL UNIVERSITY, OPERATED BY 11 ASSEMBLIES OF GOD DISTRICTS OF THE UPPER MIDWEST. FOUNDED IN 1930, THE UNIVERSITY CURRENTLY SERVES A POPULATION OF ABOUT 1,100 STUDENTS. 32102062 true true false false false false false false false true true false false false true true true false true false false false false false true false false false true true false false false false false false false false false false false false false false false false false true 1185 0 true 702 true false false false false false false false false false false false false X 28 28 false false false false false true false true true false false false true true true true true true true false MN X TIMOTHY HAGER 6123434464 910 ELLIOT AVENUE MINNEAPOLIS MN 55404 SCOTT HAGAN PRESIDENT 40.0 0.0 X 41910 0 175005 TIMOTHY HAGER VP BUSINESS AND OPERATIONS 40.0 0.0 X 132247 0 70522 JASON WENSCHLAG VP ACADEMIC AFFAIRS 40.0 0.0 X 157146 0 35201 BETHANY HARSBARGER VP OF ENROLLMENT 40.0 0.0 X 103543 0 62848 ADAM SIKORSKI FACULTY 40.0 0.0 X 107993 0 46605 COLLIN MILLER FACULTY 40.0 0.0 X 96946 0 40701 WILLIAM TIBBETTS DEAN COLLEGE OF BUSINESS 40.0 0.0 X 88878 0 37534 LON FLIPPO FACULTY 40.0 0.0 X 55180 0 51315 ELLINGTON PORTER FACULTY 40.0 0.0 X 101647 0 936 SHAWN DOCKTER BOARD CHAIR 2.0 0.0 X X 0 0 0 MARK DEAN VICE CHAIR 2.0 0.0 X X 0 0 0 KATHY MADSON SECRETARY 2.0 0.0 X X 0 0 0 ERIK COOPER REGENT 2.0 0.0 X 0 0 0 BRAD TRASK REGENT 2.0 0.0 X 0 0 0 PEGGY DUNSTON REGENT 2.0 0.0 X 0 0 0 STEVE TRIPP REGENT 2.0 0.0 X 0 0 0 JULIE BOYNTON REGENT 2.0 0.0 X 0 0 0 PHIL SCHNEIDER REGENT 2.0 0.0 X 0 0 0 DOUG GRAHAM REGENT 2.0 0.0 X 0 0 0 PATRICK GUIRE REGENT 2.0 0.0 X 0 0 0 NATE RUCH REGENT 2.0 0.0 X 0 0 0 LINDA COLLINS REGENT 2.0 0.0 X 0 0 0 RON BONTRAGER REGENT 2.0 0.0 X 0 0 0 KWAME ANKU REGENT 2.0 0.0 X 0 0 0 RAY BREWER DIRECTOR 2.0 0.0 X 0 0 0 AARON HLAVIN REGENT 2.0 0.0 X 0 0 0 JAMES WEAVER REGENT 2.0 0.0 X 0 0 0 DON GIFFORD REGENT 2.0 0.0 X 0 0 0 ROB KETTERLING REGENT 2.0 0.0 X 0 0 0 WINSTON TITUS REGENT 2.0 0.0 X 0 0 0 JOHN DAVIS REGENT 2.0 0.0 X 0 0 0 GARY GROGAN REGENT 2.0 0.0 X 0 0 0 KIRBY ST JOHN REGENT 2.0 0.0 X 0 0 0 TOBY SCHNECKLOTH REGENT 2.0 0.0 X 0 0 0 FRED WASHINGTON REGENT 2.0 0.0 X 0 0 0 STEVE SCHAIBLE REGENT 2.0 0.0 X 0 0 0 BILL SVOBODA REGENT 2.0 0.0 X 0 0 0 885490 0 520667 7 false true false SODEXO INC AFFILIATES PO BOX 360170 PITTSBURGH PA 15251 FOOD SERVICES 2269385 PRESIDIO NETWORKED SOLUTIONS GROUP PO BOX 677638 DALLAS TX 75267 IT SERVICES 432099 CESO HR LLC 615 1ST AVE SUITE 115 MINNEAPOLIS MN 55413 HR SERVICES 254687 AKADEMOS INC 227 FAYETVILLE STREET RALEIGH NC 27601 CONSULTING SERVICES 219756 DLR GROUP 520 NICOLLET MALL SUITE 200 MINNEAPOLIS MN 55402 ARCHITECTURAL DESIGN 171065 14 177693 3151723 1881287 5210703 TUITION FEES 611600 23049551 23049551 RESIDENT HALL 611710 2820332 2820332 CAFETERIA 611710 2035796 2035796 OTHER AUXILIARY REVENUE 611710 489350 489350 28395029 141989 141989 0 0 0 0 0 4529648 2800000 4769236 1649739 -239588 1150261 910673 910673 0 177693 102928 -102928 -102928 0 0 0 209012 314527 -105515 -105515 MISCELLANEOUS INCOME 900099 676104 676104 676104 35126055 28395029 1520323 0 11863108 11863108 0 0 638745 546312 81635 10798 0 10479563 8963054 1339351 177158 288164 246464 36829 4871 1258806 1076643 160883 21280 694568 594056 88770 11742 0 15379 15379 91496 91496 0 0 23945 23945 1262342 861110 309827 91405 405456 304480 99514 1462 317790 238646 77998 1146 555492 417150 136339 2003 0 1002255 752649 245992 3614 696817 523279 171025 2513 0 43264 32645 10619 278521 278521 0 2285850 2025263 185154 75433 286053 215845 70208 STUDENT EXPENSES 1030205 777353 252852 MEAL PLAN EXPENSES 1941337 1464859 476478 MISCELLANEOUS EXPENSES 989799 743296 242934 3569 EQUIPMENT AND MAINTENANCE 649727 455850 159468 34409 37098682 32102062 4555217 441403 247716 41089 2980277 1843989 0 0 1422221 3112939 0 0 0 0 0 2800000 57787 45424 824431 370171 70789772 38275270 34863795 32514502 5494691 5489536 1419640 239609 518881 472593 0 0 198830 406501 48028269 47336353 944024 1256294 0 0 2893463 2881666 0 0 29906 0 0 0 -24062 3266151 3378679 2000000 1029399 1029182 8251409 10433293 X 32614939 29561741 7161921 7341319 39776860 36903060 48028269 47336353 -1972627 -901173 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4149449 110598 -99575 36545 4123927 4432773 25240 -268180 40384 4149449 3425751 217154 823907 34039 4432773 3316295 75613 76419 42576 3425751 3308586 19938 39928 52157 3316295 0.02380 0.97620 false false 5864399 5864399 21220929 9671289 11549640 24237543 14989627 9247916 12453862 12036271 417591 7013039 1578083 5434956 32514502 0 DEPOSITS 198014 ASSET RETIREMENT OBLIGATION 194565 ANNUITIES PAYABLE 77490 POST RETIREMENT BENEFIT OBLIGATION 559113 1029182 X 22755284 -901173 417455 -483718 23239002 23945 11863108 11887053 35126055 25629084 417455 417455 25211629 23945 11863108 11887053 37098682 PART V, LINE 4 THE ENDOWMENT FUND WAS ESTABLISHED FOR THE PURPOSE OF SUPPORTING THE LONG-TERM MISSION OF THE UNIVERSITY. THE FUND WAS USED FOR SCHOLARSHIPS AND OPERATIONS EXPENSE. PART X, LINE 2 THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) AND SECTION 509(A)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY IS ALSO EXEMPT FROM MINNESOTA TAXES UNDER MINNESOTA STATUTE CHAPTER 290.05. IT HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER THE INTERNAL REVENUE CODE AND CHARITABLE CONTRIBUTIONS BY DONORS ARE TAX DEDUCTIBLE. THE UNIVERSITY HAS ADOPTED GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION OF UNCERTAIN TAX POSITIONS. THE GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX FILING THAT ARE NOT CERTAIN TO BE REALIZED. THE IMPLEMENTATION OF THIS GUIDANCE HAD NO IMPACT ON THE UNIVERSITY'S FINANCIAL STATEMENTS. THE UNIVERSITY'S TAX FILINGS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE UNIVERSITY IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX EXEMPT STATUS. THE UNIVERSITY IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME, EXCISE OR OTHER TAXES. PART XI & XII, LINE 2D SPECIAL FUNDRAISING EVENT EXPENSES 102,928 COST OF GOODS SOLD 314,527 TOTAL $ 417,455 PART XI & XII, LINE 4B INSTITUTIONAL & FEDERAL SCHOLARSHIPS AND GRANTS $11,863,108 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 EVERY BROCHURE INCLUDES THE PHRASE: "NORTH CENTRAL UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF RACE, SEX, NATIONAL ORIGIN, AGE OR DISABILITY." SCHEDULE E, PART 1, LINE 6 THE UNIVERSITY RECEIVES FEDERAL AND STATE FUNDING. BANQUET 161910 161910 40975 126 58111 GOLF TOURNAMENT 15783 15783 3716 0 177693 177693 40975 126 61827 102928 -102928 FEDERAL PELL GRANT 401 1909295 SUPPLEMENTAL ED. OPPORTUNITY GRANT 109 96142 FEDERAL WORK-STUDY PROGRAM 58 27640 FEDERAL PERKINS GRANT PROGRAM 2 518881 FINANCIAL ASSISTANCE - NORTH CENTRAL UNIVERSITY 607 9311150 PART I, LINE 2 THE UNIVERSITY REVIEWS AND APPLIES CRITERIA BASED ON CIRCUMSTANCE, GRADE-POINT AVERAGE AND NEED. THE PROCESS IS APPLIED CONSISTENTLY TO ALL STUDENTS OF THE INSTITUTION. FINANCIAL AID MONITORS ALL THE SCHOLARSHIPS THAT ARE AWARDED TO MAKE SURE THEY ARE WITHIN GUIDELINES. X true true X X X X false false false false false false false false false SCOTT HAGAN PRESIDENT 41686 200 24 11666 163339 216915 TIMOTHY HAGER VP BUSINESS AND OPERATIONS 129936 200 2111 3439 67083 202769 BETHANY HARSBARGER VP OF ENROLLMENT 101258 200 2085 6515 56333 166391 JASON WENSCHLAG VP ACADEMIC AFFAIRS 154844 200 2102 4062 31139 192347 ADAM SIKORSKI FACULTY 103752 200 4041 4236 42369 154598 PART I, LINE 1A THE HOUSING ALLOWANCE WAS PROVIDED TO THE FOLLOWING INDIVIDUALS: LON FLIPPO, TIMOTHY HAGER, BETHANY HARSHBARGER, ADAM SIKORSKI, AND SCOTT HAGAN. THE HOUSING ALLOWANCE IS NOT INCLUDED IN THE TAXABLE INCOME OF THE EMPLOYEES. THE HOUSING ALLOWANCE IS A MINISTERIAL HOUSING ALLOWANCE. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS COMPRISED OF THE PRESIDENT OF THE UNIVERSITY, THE CHAIR, THE VICE-CHAIR AND THE SECRETARY-TREASURER OF THE BOARD, AND FOUR OTHER BOARD MEMBERS. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO TRANSACT ANY NECESSARY BUSINESS THAT MAY ARISE BETWEEN MEETINGS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING BODY CONSISTS OF THE FOLLOWING: THE DISTRICT SUPERINTENDENT, THE DISTRICT YOUTH DIRECTOR, AND TWO OTHER MEMBERS. THEY ARE APPOINTED TO THE BOARD OF REGENTS BY EACH OF THE FOLLOWING DISTRICTS OF THE ASSEMBLIES OF GOD: ILLINOIS, INDIANA, IOWA, MICHIGAN, MIDWEST LATIN AMERICAN, MINNESOTA, NEBRASKA, NORTH DAKOTA, NORTHERN MISSOURI, SOUTH DAKOTA AND WISCONSIN-NORTHERN MICHIGAN. IN ADDITION, THE PRESIDENT OF THE COLLEGE AND THE EXECUTIVE PRESBYTER OF THE NORTH CENTRAL REGION OF THE GENERAL COUNCIL OF THE ASSEMBLIES OF GOD ARE GIVEN VOTING POSITIONS ON THE BOARD OF REGENTS. FORM 990, PART VI, SECTION B, LINE 15 THE UNIVERSITY OBTAINS SALARY DATA THROUGH NUMEROUS SURVEY SOURCES AND OTHER PUBLICLY AVAILABLE DATA FOR COMPARABLE INSTITUTIONS. THE BOARD OF REGENTS REVIEWS THE INFORMATION FOR RECOMMENDATION AND APPROVAL. THE DECISION-MAKING PROCESS AND ALL DELIBERATION ARE WELL DOCUMENTED IN MEETING MINUTES. THE PROCESS WAS LAST COMPLETED IN 2017 FOR THE UNIVERSITY PRESIDENT. THE BOARD OF REGENTS REVIEWS PRIOR YEAR FINANCIAL RESULTS AND CURRENT ENROLLMENT GOALS IN CONJUNCTION WITH OTHER COMPARABLE DATA WHEN SETTING COMPENSATION FOR OTHER OFFICERS. THE LAST APPROVAL WAS COMPLETED IN 2017. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY'S GOVERNING DOCUMENTS ARE AVAILABLE THROUGH THE MINNESOTA SECRETARY OF STATE, AND UPON REQUEST. THE UNIVERSITY'S CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNT HAS NOT CHANGED FROM THE PRIOR YEAR.