NORTH CAROLINA WESLEYAN UNIVERSITY: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- NORTH CAROLINA WESLEYAN UNIVERSITY (EIN 56-0686603)
- Tax period
- 2022-06-01 to 2023-05-31
- Filed
- 2024-04-13
- IRS object ID
- 202431049349301248
- Schema version
- 2022v5.0
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-04-13T19:03:15-05:00 | ReturnTs |
| Tax Period End | 2023-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 540504608 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BROWN EDWARDS & COMPANY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 105 ARBOR DR NE 3RD FLOOR | AddressLine1Txt |
| City | CHRISTIANSBURG | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 24073 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 560686603 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORTH CAROLINA WESLEYAN UNIVERSITY INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NORT | BusinessNameControlTxt |
| Phone | 2529855100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3400 NORTH WESLEYAN BLVD | AddressLine1Txt |
| City | ROCKY MOUNT | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 278048699 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SUZANNE BRACKETT | PersonNm |
| Person Title | VP OF FINANCE | PersonTitleTxt |
| Phone | 2529855100 | PhoneNum |
| Signature | 2024-04-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | SUZANNE | PersonFirstNm |
| Person Last | BRACKETT | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARK WOOLWINE | PreparerPersonNm |
| PTIN | P00647446 | PTIN |
| Phone | 5404433606 | PhoneNum |
| Preparation | 2024-04-12 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | SUZANNE BRACKETT | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3400 N WESLEYAN BLVD | AddressLine1Txt |
| City | ROCKY MOUNT | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 278048677 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $47,764,328 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NCWC.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1956 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | TO PREPARE STUDENTS FOR PROFESSIONAL ADVANCEMENT, LIFE-LONG LEARNING, AND RESPONSIBLE PARTICIPATION IN THEIR COMMUNITIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 21 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 21 | VotingMembersIndependentCnt |
| Total Employee | 791 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $222,361 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $12,109,300 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,462,050 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $44,185,298 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $41,749,728 | CYProgramServiceRevenueAmt |
| PY Investment Income | $614,540 | PYInvestmentIncomeAmt |
| CY Investment Income | $69,058 | CYInvestmentIncomeAmt |
| PY Other Revenue | $198,380 | PYOtherRevenueAmt |
| CY Other Revenue | $244,591 | CYOtherRevenueAmt |
| PY Total Revenue | $57,107,518 | PYTotalRevenueAmt |
| CY Total Revenue | $47,525,427 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $19,989,243 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $19,381,368 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $15,614,884 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $15,468,153 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $501,187 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $19,343,950 | PYOtherExpensesAmt |
| CY Other Expenses | $17,648,899 | CYOtherExpensesAmt |
| PY Total Expenses | $54,948,077 | PYTotalExpensesAmt |
| CY Total Expenses | $52,498,420 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,159,441 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$4,972,993 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $65,274,015 | TotalAssetsBOYAmt |
| Total Assets EOY | $60,676,201 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $15,352,661 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $16,130,497 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $49,921,354 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $44,545,704 | NetAssetsOrFundBalancesEOYAmt |
| Mission | NORTH CAROLINA WESLEYAN UNIVERSITY, A PRIVATE INSTITUTION AFFILIATED WITH THE UNITED METHODIST CHURCH, PREPARES STUDENTS FOR PROFESSIONAL ADVANCEMENT, LIFE-LONG LEARNING, AND RESPONSIBLE PARTICIPATION IN THEIR COMMUNITIES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $44,842,408 | ExpenseAmt |
| Grant | $19,381,368 | GrantAmt |
| Revenue | $41,581,516 | RevenueAmt |
| Desc | INSTRUCTIONAL SERVICES TO UNIVERSITY STUDENTS | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $202,441 | ExpenseAmt |
| Desc | PUBLIC SERVICE - OPERATED THE DUNN CENTER FOR THE PERFORMING ARTS, OPEN TO THE COMMUNITY AND EASTERN NORTH CAROLINA. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $45,044,849 | 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 | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | 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 | Yes (1) | 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 | 0 | TaxExemptBondsInd |
| 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 | Yes (1) | 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 | 2008 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 791 | 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 | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| 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 | 21 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 21 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | 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 | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUZANNE BRACKETT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2529855100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3400 N WESLEYAN BLVD | AddressLine1Txt |
| City | ROCKY MOUNT | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 278048699 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (33 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| MR PAUL A BAUER | |||||||
| VICE CHARIMAN | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| MR VERNON T BRADLEY JR | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| MR ARNOLD GORDON-GRAY | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| MR DAN L BELL | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| MR THOMAS A BETTS JR | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| MR HARRY BYNUM | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| MS BETH MURPHY | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| DR DANIEL L CROCKER | |||||||
| CHAIRMAN | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| MR TED W GOSSETT | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| MS LESLIE HALL | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| MS JANICE BRYANT HOWROYD | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| MR KEVIN JONES | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| MR TW KING | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| MR BAXTER MYERS | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| DR LAWANDA PEACE | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| MS TERRI SHARPE | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| MR JOE SHEARIN | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| MR ROGER TAYLOR | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| MR JOHN A TURNAGE | |||||||
| SECRETARY | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| MS CONSTANCE WILLIAMS | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| MR THOMAS WINSTEAD | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| REV ISMAEL RUIZ-MILLAN | |||||||
| EX OFFICIO | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| MS SUZANNE P BRACKETT | |||||||
| SVP-ADMINISTRATION | 40.00 | $150,833 | $0 | $18,334 | Yes (X) | ||
| MR FRANKLIN E COATS | |||||||
| VICE PRESIDENT - ADVANCEM | 40.00 | $65,130 | $0 | $5,037 | Yes (X) | ||
| MR AARON V DENTON | |||||||
| VP OF ATHLETICS | 40.00 | $122,434 | $0 | $7,272 | Yes (X) | ||
| MR MICHAEL E DREW | |||||||
| VP OF ENROLLMENT | 40.00 | $111,100 | $0 | $6,944 | Yes (X) | ||
| MR EVAN D DUFF | |||||||
| PRESIDENT | 40.00 | $272,216 | $0 | $31,896 | Yes (X) | ||
| MS MOLLY A WYATT | |||||||
| INTERIM PROVOST | 40.00 | $99,760 | $0 | $12,896 | Yes (X) | ||
| MR MARK H HINSON | |||||||
| SR EXECUTIVE OF PHILANTHROPIC ENGAGEMENT | 40.00 | $110,838 | $0 | $13,680 | Yes (X) | ||
| MR JOSEPH H LANE JR | |||||||
| PROVOST AND SVP OF ACADEMIC AFFAIRS | 40.00 | $103,831 | $0 | $13,504 | Yes (X) | ||
| MR JOHN M THOMPSON | |||||||
| HEAD MEN'S BASKETBALL COAC | 40.00 | $115,373 | $0 | $23,503 | Yes (X) | ||
| MS WENDY W ACHILLES | |||||||
| ASSOCIATE PROFESSOR - ACCOUNTING | 40.00 | $116,007 | $0 | $5,348 | Yes (X) | ||
| MS GENA MESSER-KNODE | |||||||
| VISITING ASSISTANT PROFESSOR- BUSINESS | 40.00 | $101,913 | $0 | $5,032 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,369,435 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $143,446 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 9 | 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 |
|---|---|---|---|---|---|
| SODEXO INC & AFFILIATES CAFETERIA | |||||
| 3400 N WESLEYAN BLVD | ROCKY MOUNT | NC | 27804 | FOOD SERVICE AND MAINTENANCE | $1,789,257 |
| ARAMARK SERVICES INC | |||||
| 3400 N WESLEYAN BLVD | ROCKY MOUNT | NC | 27804 | FOOD SERVICE | $834,445 |
| JENZABAR INC | |||||
| PO BOX 55018 | BOSTON | MA | 02205 | SOFTWARE SERVICES | $442,275 |
| RADIO WERKS LLC | |||||
| PO BOX 1214 | NEW BERN | NC | 285631214 | MEDIA SERVICES | $317,950 |
| NASHCO INC | |||||
| PO BOX 1320 | TARBORO | NC | 27886 | CONSTRUCTION SERVICES | $258,040 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 10 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $3,761 | FundraisingAmt |
| Government Grants | $3,605,441 | GovernmentGrantsAmt |
| All Other Contributions | $1,852,848 | AllOtherContributionsAmt |
| Noncash Contributions | $134,086 | NoncashContributionsAmt |
| Total Contributions | $5,462,050 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611310 | $32,534,555 | $32,534,555 |
| AUXILIARY ENTERPRISES | 611710 | $7,920,366 | $7,920,366 |
| OTHER SOURCES | 611710 | $1,294,807 | $1,294,807 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $41,749,728 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $296,995 | TotalRevenueColumnAmt |
| Exclusion | $296,995 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $124,101 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $124,101 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $124,101 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $124,101 | UnrelatedBusinessRevenueAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $59,725 | SecuritiesAmt |
| Other | $168,212 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$59,725 | SecuritiesAmt |
| Other | -$168,212 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$227,937 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$168,212 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | -$59,725 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $33,194 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $3,761 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $10,964 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $22,230 | TotalRevenueColumnAmt |
| Exclusion | $22,230 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CENTER FOR THE PERFORMING ARTS - | Desc |
| Business | 711300 | BusinessCd |
| Total Revenue Column | $98,260 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $98,260 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $98,260 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $47,525,427 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $41,581,516 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $222,361 | UnrelatedBusinessRevenueAmt |
| Exclusion | $259,500 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,381,368 | TotalAmt |
| Program Services | $19,381,368 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $933,312 | TotalAmt |
| Program Services | $402,720 | ProgramServicesAmt |
| Management And General | $417,733 | ManagementAndGeneralAmt |
| Fundraising | $112,859 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,252,168 | TotalAmt |
| Program Services | $9,703,849 | ProgramServicesAmt |
| Management And General | $1,225,701 | ManagementAndGeneralAmt |
| Fundraising | $322,618 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $469,978 | TotalAmt |
| Program Services | $291,945 | ProgramServicesAmt |
| Management And General | $178,033 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,896,298 | TotalAmt |
| Program Services | $1,089,927 | ProgramServicesAmt |
| Management And General | $806,371 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $916,397 | TotalAmt |
| Program Services | $564,426 | ProgramServicesAmt |
| Management And General | $351,971 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,248 | TotalAmt |
| Management And General | $13,248 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $82,884 | TotalAmt |
| Management And General | $82,884 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,880 | TotalAmt |
| Management And General | $39,880 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $651,376 | TotalAmt |
| Program Services | $448,323 | ProgramServicesAmt |
| Management And General | $199,616 | ManagementAndGeneralAmt |
| Fundraising | $3,437 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $450,192 | TotalAmt |
| Program Services | $21,058 | ProgramServicesAmt |
| Management And General | $429,134 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $210,635 | TotalAmt |
| Program Services | $194,121 | ProgramServicesAmt |
| Management And General | -$7,418 | ManagementAndGeneralAmt |
| Fundraising | $23,932 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $678,189 | TotalAmt |
| Management And General | $678,189 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,114,144 | TotalAmt |
| Program Services | $3,801,365 | ProgramServicesAmt |
| Management And General | $312,779 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $496,203 | TotalAmt |
| Program Services | $477,586 | ProgramServicesAmt |
| Management And General | $17,831 | ManagementAndGeneralAmt |
| Fundraising | $786 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $392,550 | TotalAmt |
| Program Services | $286,562 | ProgramServicesAmt |
| Management And General | $105,988 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,254,544 | TotalAmt |
| Program Services | $1,862,254 | ProgramServicesAmt |
| Management And General | $392,290 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $414,113 | TotalAmt |
| Program Services | $86,564 | ProgramServicesAmt |
| Management And General | $327,549 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| OTHER EXPENSES | $4,103,154 | $3,489,727 | $579,468 | $33,959 |
| FOOD SERVICES | $2,039,772 | $2,039,772 | ||
| BAD DEBT EXPENSE | $431,783 | $431,783 | ||
| EQUIPMENT PURCHASE AND | $358,190 | $257,894 | $100,296 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $918,042 | TotalAmt |
| Program Services | $645,388 | ProgramServicesAmt |
| Management And General | $269,058 | ManagementAndGeneralAmt |
| Fundraising | $3,596 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,498,420 | TotalAmt |
| Program Services | $45,044,849 | ProgramServicesAmt |
| Management And General | $6,952,384 | ManagementAndGeneralAmt |
| Fundraising | $501,187 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,860,272 | BOYAmt |
| EOY | $533,149 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,290,727 | BOYAmt |
| EOY | $614,168 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,083,171 | BOYAmt |
| EOY | $970,512 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,484 | BOYAmt |
| EOY | $71,914 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $185,331 | BOYAmt |
| EOY | $104,829 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $412,948 | BOYAmt |
| EOY | $650,874 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $71,540,204 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $29,309,250 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,113,374 | BOYAmt |
| EOY | $42,230,954 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,751,907 | BOYAmt |
| EOY | $10,224,396 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,802,506 | BOYAmt |
| EOY | $3,802,303 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $700,295 | BOYAmt |
| EOY | $1,473,102 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,274,015 | BOYAmt |
| EOY | $60,676,201 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,149,172 | BOYAmt |
| EOY | $3,098,928 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,050,615 | BOYAmt |
| EOY | $965,853 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,003,524 | BOYAmt |
| EOY | $10,866,189 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $149,350 | BOYAmt |
| EOY | $1,199,527 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,352,661 | BOYAmt |
| EOY | $16,130,497 | 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 | $30,013,804 | BOYAmt |
| EOY | $30,690,111 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,907,550 | BOYAmt |
| EOY | $13,855,593 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,921,354 | BOYAmt |
| EOY | $44,545,704 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,274,015 | BOYAmt |
| EOY | $60,676,201 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$4,972,993 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$402,657 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| 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 |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $13,326,109 | BeginningYearBalanceAmt |
| Contributions | $93,882 | ContributionsAmt |
| Investment Earnings Or Losses | -$245,190 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $420,785 | GrantsOrScholarshipsAmt |
| Administrative Expenses | -$5,294 | AdministrativeExpensesAmt |
| End Year Balance | $12,759,310 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $14,920,089 | BeginningYearBalanceAmt |
| Contributions | $78,124 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,042,134 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $546,750 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $83,220 | AdministrativeExpensesAmt |
| End Year Balance | $13,326,109 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $11,053,099 | BeginningYearBalanceAmt |
| Contributions | $1,426,197 | ContributionsAmt |
| Investment Earnings Or Losses | $2,984,926 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $531,031 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $13,102 | AdministrativeExpensesAmt |
| End Year Balance | $14,920,089 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,554,390 | BeginningYearBalanceAmt |
| Contributions | $726,850 | ContributionsAmt |
| Investment Earnings Or Losses | $270,983 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $481,565 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $17,559 | AdministrativeExpensesAmt |
| End Year Balance | $11,053,099 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $11,079,033 | BeginningYearBalanceAmt |
| Contributions | $56,490 | ContributionsAmt |
| Investment Earnings Or Losses | -$83,712 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $460,812 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $36,609 | AdministrativeExpensesAmt |
| End Year Balance | $10,554,390 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.12060 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.66300 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.21640 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $191,448 | OtherCostOrOtherBasisAmt |
| Book Value | $191,448 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $45,769,043 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,650,289 | DepreciationAmt |
| Book Value | $33,118,754 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $15,150,961 | OtherCostOrOtherBasisAmt |
| Depreciation | $11,068,234 | DepreciationAmt |
| Book Value | $4,082,727 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,428,752 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,590,727 | DepreciationAmt |
| Book Value | $4,838,025 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $42,230,954 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| CASH AND EQUIVALENTS | $3,737,803 | F |
| REAL ESTATE HELD FOR SALE | $64,500 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $3,802,303 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| AGENCY FUNDS | $148,508 |
| OPERATING LEASE RIGHT-OF-USE LIABILITIES | $1,051,019 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,199,527 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $27,712,486 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$402,657 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$19,370,404 | OtherRevenueAmt |
| Revenue Not Reported | -$19,773,061 | RevenueNotReportedAmt |
| Revenue Subtotal | $47,485,547 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $39,880 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $39,880 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $47,525,427 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $33,088,136 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $10,964 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $10,964 | ExpensesNotReportedAmt |
| Expenses Subtotal | $33,077,172 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $39,880 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $19,381,368 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $19,421,248 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $52,498,420 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | NORTH CAROLINA WESLEYAN UNIVERSITY IS A LOCAL AND REGIONAL CENTER FOR THE PERFORMING, VISUAL, AND LITERARY ARTS. THE MIMS ART GALLERY, THE LYNCH COLLECTION, AND THE FOUR SISTERS GALLERY ARE LOCATED ON THE UNIVERSITY CAMPUS. THE BRASWELL MEMORIAL LIBRARY COLLECTION IS LOCATED IN THE ROCKY MOUNT PUBLIC LIBRARY. THE GALLERIES ARE OPEN TO THE PUBLIC AND EXHIBIT PROFESSIONAL ART FROM AROUND THE WORLD, AROUND THE STATE, AND FROM WITHIN OUR OWN EASTERN CAROLINA COMMUNITY. THE UNIVERSITY STRIVES FOR INCLUSION AND QUALITY AND TO SERVE A DIVERSE COMMUNITY. |
| PART V, LINE 4: | THE UNIVERSITY'S ENDOWMENT IS MADE UP PRIMARILY OF ENDOWED SCHOLARSHIPS, DESIGNATED ENDOWMENTS AND GENERAL ENDOWMENTS ESTABLISHED FOR GENERAL UNIVERSITY SUPPORT PURPOSES USING DONOR-RESTRICTED GIFTS. |
| PART X, LINE 2: | THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND NORTH CAROLINA. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSE 10,964. SCHOLARSHIP ALLOWANCES -19,381,368. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSE 10,964. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIP ALLOWANCES 19,381,368. |
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 | THE UNIVERSITY'S NON-DISCRIMINATION POLICY IS ON THE WEBSITE, IN ADMISSIONS' PRINTED MATERIALS, IN ADVERTISEMENTS FOR ADMISSIONS' OPEN HOUSES (NEWSPAPERS) AND IN ALL EMPLOYMENT ADVERTISING. |
| SCHEDULE E, PART I, LINE 6 | THE UNIVERSITY RECEIVED FEDERAL AND STATE GRANTS IN THE AMOUNT OF $3,605,441. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | SPORTING CLAYS 2022 | Event1Nm |
| Gross Receipts Event1 | $14,994 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $3,761 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $11,233 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $930 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $2,486 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $737 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $1,870 | OtherDirectExpensesEvent1Amt |
| Event2 | WESLEYAN CUP 2023 | Event2Nm |
| Gross Receipts Event2 | $21,961 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $21,961 | GrossRevenueEvent2Amt |
| Non Cash Prizes Event2 | $86 | NonCashPrizesEvent2Amt |
| Rent Facility Costs Event2 | $3,627 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $642 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $586 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $36,955 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $3,761 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $33,194 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $1,016 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $6,113 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $1,379 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $2,456 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $10,964 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $22,230 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|
| GENERAL SCHOLARSHIPS | 940 | $18,293,623 | FMV | N/A |
| ENDOWED SCHOLARSHIPS | 191 | $871,429 | FMV | N/A |
| SEOG | 117 | $216,316 | FMV | N/A |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANTS ARE MONITORED BY VARIOUS AREAS. FINANCIAL AID GRANTS ARE MONITORED BY THE FINANCIAL AID DIRECTOR TO ENSURE COMPLIANCE WITH ELIGIBILITY, SELECTION, AND DISTRIBUTION. DOCUMENTATION IS MAINTAINED AND AUDITED ANNUALLY. OTHER DEPARTMENT GRANTS ARE MONITORED BY THE RESPONSIBLE PARTY TO ENSURE THAT EXPENDITURES COMPLY WITH GRANT REQUIREMENTS AND ARE NOT DIVERTED FOR OTHER USES. THE NC BUDGET OFFICE REQUIRES PERIODIC REPORTING FOR ALL GRANTS. THE REPORTING IS COMPLETED BY THE RESPONSIBLE DEPARTMENT AND THEN ENTERED INTO THE STATE WEBSITE BY THE CONTROLLER ANNUALLY. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| 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 (2 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MR EVAN D DUFF | ||||||||||||||
| PRESIDENT | $245,833 | $0 | $4,000 | $0 | $22,383 | $0 | $14,750 | $0 | $17,146 | $0 | $304,112 | $0 | $0 | $0 |
| MS SUZANNE P BRACKETT | ||||||||||||||
| SVP-ADMINISTRATION | $148,750 | $0 | $0 | $0 | $2,083 | $0 | $8,925 | $0 | $9,409 | $0 | $169,167 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | THE UNIVERSITY PROVIDES A RESIDENCE AND PAYS COMPENSATION TO THE PRESIDENT OF THE UNIVERSITY. THE RESIDENCE IS ON CAMPUS AND THE PRESIDENT IS REQUIRED TO LIVE AT THE RESIDENCE. | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MR PAUL BAUER | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | VICE CHAIR ON BOARD OF TRUSTEES | RelationshipDescriptionTxt |
| Transaction | $201,245 | TransactionAmt |
| Transaction | JOHN HACKNEY AGENCY OF ROCKY MOUNT HANDLES UMBRELLA POLICIES FROM UTICA, TRAVELERS, AND ACCIDENT FUND | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | EQUIPMENT | 1 | $130,828 | DONOR VALUE |
| Yes (X) | SUPPLIES | 8 | $3,258 | DONOR VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | BEFORE THE 990 IS FILED IT IS POSTED ON THE SECURE TRUSTEE WEBSITE AND THE TRUSTEES ARE NOTIFIED OF ITS AVAILABILITY FOR THEIR REVIEW. IN THE NOTIFICATION, A PROCESS WILL BE DESCRIBED FOR TRUSTEES TO ASK QUESTIONS, MAKE COMMENTS, ETC. FOR EXAMPLE, THE NOTIFICATION MIGHT SAY THAT QUESTIONS AND COMMENTS SHOULD GO TO THE VICE PRESIDENT OF FINANCE AND THE CHAIR OF THE AUDIT COMMITTEE. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE UNIVERSITY WILL MONITOR THE POLICY FOR ANNUAL DISCLOSURE AND INVESTIGATE NON-REPORTING. THE UNIVERSITY WILL ALSO PERIODICALLY AUDIT SELECTED SELF-DISCLOSURES. PARTIES CAN REPORT VIOLATIONS THROUGH THE WHISTLE BLOWER POLICY MECHANISM. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE COMMITTEE REVIEWS AND RECOMMENDS THE PRESIDENT'S SALARY BASED UPON ANNUAL GOAL SETTING AND PERFORMANCE EVALUATION, AS SET FORTH IN THE BY-LAWS, AND COMPARABLE SALARIES. THE FULL BOARD APPROVES THE COMPENSATION PACKAGE. |
| FORM 990, PART VI, SECTION C, LINE 19 | REQUESTS MADE IN PERSON WILL BE HONORED WITHIN FIVE BUSINESS DAYS. REQUESTS IN WRITING WILL BE MADE AVAILABLE WITHIN THIRTY DAYS. THE UNIVERSITY MAY CHOOSE TO APPLY PROCESSING CHARGES AND/OR MAILING FEES IF THE REQUESTING PARTY DOES NOT WANT TO REVIEW THE DOCUMENTS ON SITE. |
| FORM 990, PART XII, LINE 2C | THE AUDIT COMMITTEE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |