2024-04-12T15:00:44+00:00 2023-05-31 363990892 Capin Crouse LLP 1255 Lakes Parkway Suite 105 Lawrenceville GA 30043 990 2022-06-01 571088101 BJU Inc BJUI 7033767185 1700 Wade Hampton Blvd Greenville SC 29614 Alan Benson CEO 8649180673 2024-04-12 true John Monczewski 999009999 true Daren Daiga P01074795 5055022746 2022 2023-04-26 12:10:37Z Alan Benson 1700 Wade Hampton Blvd Greenville SC 29614 113301325 false X www.bju.edu X 1999 SC BJU delivers a Christian education through its elementary school and university. 14 14 2268 100 833453 0 14674831 8010863 75096780 75926059 -68118 784391 18112875 20203170 107816368 104924483 20929644 19966203 0 0 42595884 52661622 0 0 1168309 40888569 34498971 104414097 107126796 3402271 -2202313 212805172 106458034 10859086 27318131 201946086 79139903 Bob Jones University (BJU) exists to empower people to reach their highest potential for God's glory by providing an outstanding Christian liberal arts education purposely designed to inspire a lifelong pursuit of learning, loving, and leading. Our aim, captured by our founder's vision, is not simply to teach people how to make a living but how to live. In continuous operation since 1927, BJU has conferred nearly 52,000 degrees. The institution has built a global reputation as a leader in conservative Christian evangelicalism and education, sending its graduates around the world to serve in both ministerial and secular fields. BJU is accredited by the Southern Association of Colleges and Schools Commission on Colleges and the Transnational Association of Christian Colleges and Schools. false false 83700426 19966203 71209588 BJU serves approximately 2,400 residential students and an additional 600 non-traditional students in approximately 100 Associate, Bachelor's, Master's, and Doctoral degree programs. BJU offers students a total student experience package known as the BJU Premium Learning and Living Experiences focused on student success and rooted in our Christian liberal arts mission and our cultural emphasis and relevant to current ministry and workplace opportunities. BJU is also committed to an education designed to inspire a lifelong pursuit of learning, loving and leading. 6026921 0 10766726 BJU, Inc. served an average of 555 students in its elementary school (K3 - Grade 6) and 120 students in its child development center (Infant - K2). 89727347 true true false false false false false false true true true false true true false true false true false true false false false false false false true true true false false false false true false true false false false false false false false false false false true 3834 0 true 2268 true true true false false false false false false false false false false false X 14 14 false false false false false false false true true false false false true true true true true true true false SC X John Monczewski 7033767185 1700 Wade Hampton Blvd Greenville SC 29614 Mike Harding Secretary/Treasurer and Chair Learning and Living Committee 1.0 X X 0 0 0 Sam Dawson Chairman 1.0 X X 0 0 0 Steve Pettit Chief Executive Officer and Trustee 40.0 X X 174806 0 25090 Brian Priest Trustee 1.0 X 0 0 0 Bruce Woodworth Trustee Chairman and Plant & Information Technologies Committee 1.0 X 0 0 0 David Huffstutler Trustee 1.0 X 0 0 0 Dawn Akam Trustee 1.0 X 0 0 0 Garry Cobb Trustee 1.0 X 0 0 0 Gary Thompson Trustee 1.0 X 0 0 0 Hantz Bernard Trustee and Vice Chairman 1.0 X 0 0 0 Jean Saito Trustee 1.0 X 0 0 0 Jerry Morgan Chairman Marketing and Development Committee 1.0 X 0 0 0 Joe Helm Trustee 1.0 X 0 0 0 John Lewis Trustee and Chairman of the Board 1.0 X 0 0 0 Marc Stevens Trustee 1.0 X 0 0 0 Matthew Walker Trustee 1.0 X 0 0 0 Michael West Trustee 1.0 X 0 0 0 Paul Kalmbach Trustee 1.0 X 0 0 0 Paul Matthews Vice Chair Chairman of Finance, Audit and Personal Committee 1.0 X 0 0 0 Shawn Kook Trustee 1.0 X 0 0 0 Tim Gallagher Trustee 1.0 X 0 0 0 Tim Stanley Trustee and Chairman of Finance, Audit and Personal Committee 1.0 X 0 0 0 Alan Benson VP Student Development and Discipleship/CEO 40.0 X 94065 0 48440 Bobby Wood Chief Enrollment Officer 40.0 X 91356 0 53951 Brian Burch Chief Information Officer 40.0 X 61142 0 11960 Gary Weier EVP Academic Affairs 40.0 X 92262 0 33710 John Matthews VP Advancement/Alumni Relations 40.0 X 89587 0 26746 Kevin Taylor Chief HR Officer 40.0 X 80539 0 16578 Steve Dickinson VP Business and Finance 40.0 X 88687 0 9071 772444 0 225546 1 false true false ARAMARK SERVICES INC PO BOX 978839 Dallas TX 753978839 Food Services 6728491 TRIANGLE CONSTRUCTION COMPANY INC PO BOX 6266 Greenville SC 296056266 Construction 5696667 DATA NETWORK SOLUTIONS INC 629 Lake Tide Dr Chapin SC 290368771 IT Services 720269 PMC COMMERCIAL INTERIORS INC PO Box 896614 Charlotte NC 282896614 Office Furnishings/Construction 652325 ANTHOLOGY INC PO Box 850001 Orlando FL 328859908 IT Services 574882 53 7506 217590 7785767 8010863 Tuition and Fees - University 611310 50712017 50712017 Room and Board 611710 18702878 18702878 Tuition and Fees - Elementary School 611110 6026921 6026921 484243 484243 0 0 75926059 376414 376414 13361757 13361757 530743 52973 568357 25275 -37614 27698 -9916 27698 -37614 7946672 7538695 407977 0 407977 407977 7100 7506 11781 -4681 -4681 909689 232734 676955 676955 Management Fee Income 611430 5373300 5373300 Productions 406233 406233 Printing Services 399522 399522 0 0 0 0 6179055 104924483 81976314 833453 14103853 183078 183078 19783125 19783125 1026960 766466 205392 55102 193015 193015 35305949 27356299 7454572 495078 448023 344295 89605 14123 13113591 11104760 1850479 158352 2574084 1979333 557829 36922 319223 11878 298461 8884 154990 77495 77495 92336 92336 1939777 1432311 483379 24087 1072489 324922 728388 19179 2376773 2061316 221615 93842 2754917 1850666 774928 129323 5899150 5074877 817073 7200 2695329 1918397 700043 76889 4601134 4601134 1036814 124232 912582 Aramark Food Service 6870970 6481043 371322 18605 Repairs 366842 314625 48906 3311 Plant 2631983 2631983 1686244 1305112 353720 27412 107126796 89727347 16231140 1168309 15944307 5086838 3544233 1974411 0 0 235096 252080 915433 576730 160704455 104503989 146865408 56200466 18156366 17839350 0 6056140 1240517 1107646 23000000 2903812 17364373 212805172 106458034 7534596 7115806 2009853 2510126 0 1314637 17692199 10859086 27318131 X 177925860 55920178 24020226 23219725 201946086 79139903 212805172 106458034 -2202313 -751913 -119851957 0 X false true X true true true X 7831430 8790818 11409520 14676831 8010863 50719462 0 0 7831430 8790818 11409520 14676831 8010863 50719462 2524780 48194682 7651920 8919495 10584879 13390626 14268914 54815834 14179 1664 0 15843 5770870 5510363 5523545 5031646 5373300 27209724 132760863 358798332 0.3630 0.3711 X Schedule A, Part II The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the school can qualify under public charity status section 170(b)(1)(A)(vi) and, therefore, qualifies to use the first listed special rule for Schedule B reporting. Schedule A, Part II, Line 10 Other Income DESCRIPTION - MANAGEMENT FEE, COLUMN A - 5770870.0, COLUMN B - 5510363.0, COLUMN C - 5523545.0, COLUMN D - 5031646.0, COLUMN E - 5373300.0, COLUMN F - 27209724.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17986888 1385966 249826 704145 293386 18625149 19859233 876715 -1797360 951700 17986888 15528449 630954 4369130 669300 19859233 15336261 851779 533096 1192687 15528449 15104164 425679 37209 149358 81433 15336261 0.0 1.0 0.0 false false 801277 801277 125407056 75890221 49516835 32255531 27222574 5032957 2240591 1391194 849397 56200466 Fixed Income 4842405 Alternative Investments 1213735 6056140 Other Assets Operating Leases Right-of-Use Assets 17364373 17364373 Student Drawing Accounts Trust Funds Held on Behalf of Others Long Term Deferred Revenue Operating Leases Right-of-Use Liabilities 17692199 17692199 85135256 -751913 838147 86234 85049022 92336 19783125 19875461 104924483 88089482 838147 838147 87251335 92336 19783125 19875461 107126796 Schedule D, Part V, Line 4 Intended uses of endowment funds The intended uses of the organization's endowment funds are grants and scholarships, funding of the summer teaching institute, and the cancer research institute. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Fundraising Event Expenses - 11781 Rent Expenses - 568357 Cost of Goods Sold - 232734 Aviation Rent Expenses - 25275 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Student Aid - 19783125 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Fundraising Event Expenses - 11781 Rent Expenses - 568357 Cost of Goods Sold - 232734 Aviation Rent Expenses - 25275 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Student Aid - 19783125 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY STUDENTS ENROLL AT BJU FROM ALL US STATES AND APPROXIMATELY 40 FOREIGN COUNTRIES . THEREFORE, BJU DOES NOT USE NEWSPAPER OR BROADCAST MEDIA TO SOLICIT STUDENTS WITH THE EXCEPTION OF AN OCCASIONAL NEWSPAPER AD FOR A LOCAL COLLEGE FAIR WHERE THE RACIALLY NONDISCRIMINATORY POLICY IS INCLUDED . THE FOLLOWING NONDISCRIMINATORY STATEMENT IS INCLUDED IN UNDERGRADUATE AND GRADUATE CATALOGS, IN PRINT ADVERTISING AND ON THE APPLICATION PAGES OF BJU'S OFFICIAL WEBSITE, WWW.BJU.EDU: "STUDENTS OF ANY RACE, COLOR, AGE, SEX, NATIONAL OR ETHNIC ORIGIN, PROTECTED DISABILITY OR VETERAN STATUS ARE ADMITTED TO ALL THE RIGHTS, PRIVILEGES, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT BOB JONES UNIVERSITY. THE UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, AGE, SEX, NATIONAL OR ETHNIC ORIGIN, PROTECTED DISABILITY OR VETERAN STATUS IN ITS ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND ATHLETIC AND OTHER SCHOOL ADMINISTERED PROGRAMS." THE FOLLOWING NONDISCRIMINATORY STATEMENT IS INCLUDED IN THE STUDENT HANDBOOK, IN PRINT ADVERTISING, AND ON THE ADMISSIONS PAGES OF BOB JONES ACADEMY'S OFFICIAL WEBSITE, WWW.BOBJONESACADEMY .NET: "STUDENTS OF ANY RACE, COLOR, SEX, NATIONAL ORIGIN, OR PROTECTED DISABILITY ARE ADMITTED TO ALL THE RIGHTS, PRIVILEGES, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT BOB JONES ACADEMY. THE ACADEMY DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, SEX, NATIONAL ORIGIN, OR PROTECTED DISABILITY IN ITS ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, AND ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS." Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT The organization participates in state and federal aid programs whereby students receive financial aid in the form of tuition grants and scholarships. Europe (Including Iceland and Greenland) 0 0 Program Services Study Abroad Programs 456329 Sub-Saharan Africa 0 0 Program Services Study Abroad Programs 31702 Central America and the Caribbean 0 0 Program Services Study Abroad Programs 32973 Middle East and North Africa 0 0 Program Services Study Abroad Programs 27599 South America 0 0 Program Services Study Abroad Programs 9546 East Asia and the Pacific 0 0 Program Services Study Abroad Programs 900 0 0 0 0 0 0 559049 0 559049 false false false false false false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; SOUTH AMERICA-Accrual; SUB-SAHARAN AFRICA-Accrual true Harvest House Inc PO Box 23189 Barrigada GQ 96921 660833868 501(c)(3) 183078 Renovation of space to better serve its ministry 1 0 Institutional Aid 2308 19783125 0 n/a n/a Schedule I, Part III, Column (b) Estimated Number Of Recipients Institutional Aid : The organization used applications to arrive at the estimated number of recipients that received institutional aid. Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. BJU provides scholarships to eligible students based on need and merit. The awards are applied by the financial aid office to the student's accounts and are used to cover the cost of tuition, room and board. X true true X X false false false false false false false false false Steve Pettit Chief Executive Officer and Trustee 174806 0 0 0 0 0 0 0 25090 0 199896 0 0 0 Schedule J, Part I, Line 1a Discretionary spending account The board of directors reviews and approves the annual budget. Included in the annual budget is a discretionary spending amount for the President. The discretionary account is used by the President to fund travel-related expenses, BJU-related events, etc. The President's office submits invoices and expense reimbursement forms (with proper supporting documentation) to the University for payment as required. Expenditures/reimbursements are made in accordance with the University's disbursement policies and procedures. Jared Stanley Son of Tim Stanley, Prior Year Board Member 60456 Compensation false Terry Pettit Wife of Steve Pettit, Prior Year Board Member 11603 Compensation false Rebecca Weier Wife of Gary Weier, Board Member 64045 Compensation false Michelle Benson Wife of Alan Benson, Interim CEO 56912 Compensation false Form 990, Part VI, Line 1a Delegate broad authority to a committee The Executive Committee shall exercise all the duties of the Board of Trustees in the interim between meetings of the Board, subject to such limitations as the Board of Trustees may, from time to time, impose. Specifically, the Executive Committee may ratify an action that is needed to protect the interests of the University and that would be compromised by delay, as well as any action that is administrative in nature that is necessary for the efficient functioning of the University. In no event shall the Executive Committee have authority to appoint or remove board members, amend the Bylaws, select or remove board officers or the University president, change the Mission Statement, incur university indebtedness, approve the annual budget, or confer academic degrees or awards. Those matters are specifically reserved to the Board of Trustees. The Executive Committee shall consist of: chair of the board, Board secretary/treasurer, chair of the Academic Committee, chair of the Finance and Audit Committee, chair of the Marketing and Development Committee, chair of the Student Life Committee, and chair of the Personnel and Plant Committee. Form 990, Part VI, Line 11b Review of form 990 by governing body Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management. The organization's Chief Financial Officer and the Finance & Audit Committee of the board of trustees reviewed the Form 990 prior to filing. For privacy reasons, the filed Form 990, excluding Schedule B, was provided electronically to the entire board of trustees concurrent with its filing. Form 990, Part VI, Line 12c Conflict of interest policy The board is required to review and acknowledge the conflicts of interest policy on an annual basis. The responses to the conflict of interest questionnaires are reviewed and maintained to identify any conflict. In the event that a potential conflict of interest arises during the year, the interested person shall recuse himself/herself from all discussions and vote on the matter. Form 990, Part VI, Line 15a Process to establish compensation of top management official The compensation for the CEO, which is reviewed and approved by the board of trustees, is based on annual salary data from comparable universities to ensure reasonableness. All decisions are documented. Form 990, Part VI, Line 15b Process to establish compensation of other employees Compensation for all other key employees is determined by the CEO and the use of a comparability matrix. Salaries are included in the BJU annual budget, which is approved by the board of trustees. Form 990, Part VI, Line 19 Required documents available to the public During the tax year, the organization's governing documents, conflict of interest policy and financial statements were made available to the public upon request. Form 990, Part VIII, Line 2f Other Program Service Revenue Other Revenue - Total Revenue: 484243, Related or Exempt Function Revenue: 484243, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 8 Management has determined that prior period financial statements contained errors that require correction to the net assets as of June 1, 2022. In 2017, the Organization was the recipient of real property and intangible assets, conveyed by an agreement. The Organization recorded the real property and intangible assets using fair-value accounting standards. The Financial Accounting Standards Board's Accounting Standards Codification (FASB ASC) precludes assets from being recorded for this transfer of assets at fair-value. This resulted in a ($119,851,957) adjustment to beginning net assets without donor restrictions on June 1, 2022. Form 990, Part III, Line 1 Organization's mission (cont.) The general nature and object of BJU shall be to conduct an institution of learning for the general education of youth in the essentials of culture and the arts and sciences, giving special emphasis to the Christian religion and the ethics revealed in the holy scriptures; combating all atheistic, agnostic, pagan and so-called scientific adulterations of the Gospel; unqualifiedly affirming and teaching the inspiration of the Bible (both Old and the New Testaments); the creation of man by the direct act of God; the incarnation and the virgin birth of our Lord and Savior, Jesus Christ; His identification as the Son of God; His vicarious atonement for the sins of mankind by the shedding of his blood on the cross.