2025-04-09T17:01:30-04:00 2024-06-30 882802798 FORGE FINANCIAL & MANAGEMENT CONSULTING 1245 JORDAN CREEK PKWY STE 100 WEST DES MOINES IA 502662343 990 2023-07-01 420680344 CENTRAL COLLEGE CENT 6416285161 812 UNIVERSITY PELLA IA 50219 KAREN TUMLINSON VP FINANCE & ADMIN 6416285161 2025-04-09 true true DAN MONTGOMERY CPA P02183410 5156203050 2025-04-09 2023 2025-03-06 01:10:19Z MARK PUTNAM 812 UNIVERSITY ST PELLA IA 50219 51782702 false X WWW.CENTRAL.EDU X 1853 IA CENTRAL COLLEGE IS A PRIVATE LIBERAL ARTS INSTITUTION DEDICATED TO THE FOUR YEAR UNDERGRADUATE EXPERIENCE. 40 40 1336 15 892430 5153564 6398855 38318733 39117657 6755072 6171478 34165 38422 50261534 51726412 8104791 8327703 0 22842020 23014423 0 2614341 23428239 22516009 54375050 53858135 -4113516 -2131723 178143243 176265625 71392576 70245551 106750667 106020074 X CENTRAL COLLEGE IS A RESIDENTIAL LIBERAL ARTS COLLEGE DEDICATED TO HELPING STUDENTS DISCOVER AND DEVELOP THEIR GREATEST POTENTIAL. GUIDED BY ITS ECUMENICAL CHRISTIAN TRADITION, THE COLLEGE COMMUNITY ENGAGES IN VIGOROUS, OPEN INQUIRY IN PURSUIT OF ACADEMIC EXCELLENCE. THE COLLEGE NURTURES THE DEVELOPMENT OF THE MIND, WHILE FOSTERING SPIRITUAL AND EMOTIONAL MATURITY AND PHYSICAL WELL-BEING. CENTRAL INTEGRATES CAREER PREPARATION WITH THE DEVELOPMENT OF VALUES ESSENTIAL TO RESPONSIBLE CITIZENSHIP, EMPOWERING GRADUATES FOR EFFECTIVE SERVICE IN LOCAL, NATIONAL, AND INTERNATIONAL COMMUNITIES. false false 24212605 8327703 23074702 PROVIDED EDUCATIONAL SERVICES RELATED TO CLASSROOM TEACHING, LABORATORY EXPERIENCES, AND PROGRAM SERVICE TO 1,070 STUDENTS, INCLUDING 1,044 RECEIVING INSTITUTIONAL FINANCIAL ASSISTANCE. 10808562 13202574 PROVIDED ROOM AND BOARD ON A RESIDENTIAL CAMPUS TO 1,006 STUDENTS LIVING IN RESIDENTIAL UNITS AND 994 STUDENTS WITH BOARD CONTRACTS. 10507719 1246109 EXPENSES RELATED TO PROVIDING PERSONAL SERVICES AND ACTIVITIES FOR STUDENTS AT A RESIDENTIAL COLLEGE, INCLUDING COUNSELING, EXTRA-CURRICULAR ACTIVITIES, WELLNESS, ADMISSIONS, AND STUDENT GOVERNMENT. 1613215 1594272 GOVERNMENT-SPONSORED TRIO PROGRAMS - EXPENSES OF FEDERAL GRANT PROGRAM 1613215 1594272 47142101 true true false false false false false true false true true true false false true true true false true false false false false false false false false false true true false false false false true false false false true true false false false false false false false true 2911 0 true 1336 true true true false false false false true true false false false false false false false false X 40 40 false false false false false false false true true false false true true true true true true true true false X KAREN TUMLINSON 6416285161 812 UNIVERSITY ST PELLA IA 50219 MARK PUTNAM PRESIDENT 40.00 X 279236 0 52498 MARY STREY VP ACADEMICS 40.00 X 202637 0 54882 KAREN TUMLINSON VP FINANCE & 40.00 X 167406 0 33544 ANDREW GREEN DIRECTOR OF 40.00 X 107853 0 13988 SUNNY EIGHMY VP DEVELOPME 40.00 X 155385 0 15500 CHEVY FREIBURGER VP ENROLLMEN 40.00 X 139673 0 21240 ERIC VAN KLEY ATHLETIC DIR 40.00 X 113498 0 33940 JEFF MCMARTIN FOOTBALL COA 40.00 X 126411 0 34890 BERNADETTE ALLEN VICE CHAIR O 1.00 X X 0 0 0 JASON ANDRINGA TRUSTEE 1.00 X 0 0 0 KRISTI BALK TRUSTEE 1.00 X 0 0 0 ROGER BROWN TREASURER 1.00 X X 0 0 0 PETER CARTWRIGHT TRUSTEE 1.00 X 0 0 0 DANIEL DE COOK TRUSTEE 1.00 X 0 0 0 TEJ DHAWAN CHAIR 1.00 X X 0 0 0 AMY EILERS TRUSTEE 1.00 X 0 0 0 MARK ELLINGSON TRUSTEE 1.00 X 0 0 0 JULIE FISHER SECRETARY 1.00 X X 0 0 0 SHANNON MATTIACE TRUSTEE 1.00 X 0 0 0 MARC POORTINGA TRUSTEE 1.00 X 0 0 0 TIM HEREEMA TRUSTEE 1.00 X 0 0 0 CHAD HUYSER TRUSTEE 1.00 X 0 0 0 CHRISTINE IEUTER TRUSTEE 1.00 X 0 0 0 JAMES ISRAEL TRUSTEE 1.00 X 0 0 0 THOMAS KOOS TRUSTEE 1.00 X 0 0 0 J LANIER LITTLE TRUSTEE 1.00 X 0 0 0 MICHAEL MAIN TRUSTEE 1.00 X 0 0 0 DAVE SMITH TRUSTEE 1.00 X 0 0 0 JEFFREY OLIVER TRUSTEE 1.00 X 0 0 0 STEVE PERKINS TRUSTEE 1.00 X 0 0 0 BARBARA PETTIT TRUSTEE 1.00 X 0 0 0 KELLY VIELMO TRUSTEE 1.00 X 0 0 0 JANA RIEKER TRUSTEE 1.00 X 0 0 0 RICK RYAN TRUSTEE 1.00 X 0 0 0 KATHLEEN SIKKEMA TRUSTEE 1.00 X 0 0 0 STEVE SIKKINK TRUSTEE 1.00 X 0 0 0 DONNA SMITH TRUSTEE 1.00 X 0 0 0 HARRY SMITH TRUSTEE 1.00 X 0 0 0 ROBERT THOMPSON TRUSTEE 1.00 X 0 0 0 MARK VANDERLINDEN TRUSTEE 1.00 X 0 0 0 MIKE VAN VOORST TRUSTEE 1.00 X 0 0 0 DEANNA VER STEEG VICE CHAIR 1.00 X X 0 0 0 JUDITH VOGEL TRUSTEE 1.00 X 0 0 0 MARKAY WINSTON TRUSTEE 1.00 X 0 0 0 MARY WORSTELL TRUSTEE 1.00 X 0 0 0 LORI FEGLEY TRUSTEE 1.00 X 0 0 0 JAMES GRIFFITH TRUSTEE 1.00 X 0 0 0 KARA HOOGENSEN TRUSTEE 1.00 X 0 0 0 1292099 260482 8 false true false ELLUCIAN COMPANY LP 2003 EDMUND HALLEY DRIVE RESTON VA 20191 SOFTWARE 324780 NATIONWIDE OFFICE CLEANERS 9235 SWANSON BLVD DES MOINES IA 50325 BUILDING SRVCS 167846 UNIVERSAL PROTECTION SERVICE LP 1551 N TUSTIN AVE STE 650 SANTA ANA CA 92705 SECURITY 158023 RUFFALO NOEL LEVITZ 5249 NORTH PARK PLACE NE CEDAR RAPIDS IA 52402 CONSULTANT 116979 CAPTURE LLC 2303 RIVER RD STE 201 LOUISVILLE KY 40206 CONSULTANT 103525 6 6398855 595828 6398855 TUITION 611600 22182272 22182272 AUXILIARY 611600 13202574 13202574 GOVT GRANTS 611600 1594272 1594272 EDUCATIONAL 611600 1246109 1246109 AUXILIARY-CATERING OUT 722320 892430 892430 39117657 6171478 6171478 94712 56290 38422 38422 38422 51726412 38225227 892430 6209900 8327703 8327703 1292098 689981 446732 155385 16796837 14105166 1486919 1204752 1391492 1128290 167349 95853 2287655 1927706 215092 144857 1246341 1017405 129454 99482 1020069 636266 320968 62835 45255 45255 594806 202301 8945 383560 1440865 1142733 218473 79659 1141669 456206 491093 194370 1123182 1040556 79825 2801 1151056 1032413 53860 64783 184524 92831 30678 61015 1939117 1933290 4623 1204 3825351 3734720 68395 22236 277115 276282 661 172 OPERATIONAL MAINTENANCE 3728258 3620728 74779 32751 FOOD 2162006 2162006 TRIO/GRANTS 1613215 1613215 OFF CAMPUS PROGRAMS 835951 835951 1433570 1166352 258592 8626 53858135 47142101 4101693 2614341 597582 156420 628785 871003 1870536 2058622 960417 1357837 1455260 1101361 323477 313707 409081 176518 189783237 103738055 89121690 86045182 44146012 46495699 37943602 37088993 686801 600283 178143243 176265625 3512284 4452354 1004606 831756 64918787 63447988 1956899 1513453 71392576 70245551 X 27327388 17777717 79423279 88242357 106750667 106020074 178143243 176265625 X -2131723 1401130 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 367839 X X X X false 95466372 2235507 7222168 3054793 2945207 98924047 97697890 1777355 2591127 2523304 4076696 95466372 99746202 4121756 329932 1901037 4598963 97697890 79516457 3460659 20769085 1571352 2428648 99746202 79746593 1313919 1955945 1828233 1671767 79516457 0.24000 0.62000 0.14000 false false 7035890 7035890 155697266 78296214 77401052 26285703 25441841 843862 764378 764378 86045182 PRIVATE EQUITY 17794465 F HEDGE FUNDS 9281941 F REAL ESTATE 3454097 F REAL ASSETS 2727915 F COMMINGLED FUNDS 2448186 F CF PRIVATE EQUITY 958827 F CF REAL ASSETS 353394 F PELLA CINEMA 70000 F OTHER REAL ASSETS 168 F 37088993 US GOVT REFUNDABLE 779187 ANNUITIES PAYABLE 501822 LEASE LIABILITY, OPERATING 232444 1513453 X 44856129 1401130 56290 1457420 43398709 8327703 8327703 51726412 45586722 56290 56290 45530432 8327703 8327703 53858135 SCHEDULE D, PAGE 2, PART III, LINE 4 PAINTINGS AND INDIAN JEWELRY COLLECTION USED IN ACADEMIC CLASSES, PUBLIC DISPLAY ON CAMPUS AND LOANED TO OTHER NON-PROFIT ORGANIZATION WITH NO FEE SCHEDULE D, PAGE 2, PART V, LINE 4 INTENDED USE OF THE ENDOWMENT FUNDS IS TO FUND EDUCATIONAL SCHOLARSHIPS AND AWARDS FOR CENTRAL COLLEGE STUDENTS, FACULTY, AND SUPPORT FOR ENDOWED CHAIRS, AND ADDITIONAL SPECIAL PROJECTS FOR FACULTY MEMBERS AND THE MUSIC DEPARTMENT. SCHEDULE D, PAGE 3, PART X 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. THE COLLEGE IS ALSO EXEMPT FROM STATE INCOME TAX. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. THE COLLEGE FOLLOWS 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; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY TAX PERIODS. SCHEDULE D, PAGE 4, PART XI, LINE 2D RENTAL EXPENSES 56,290 SCHEDULE D, PAGE 4, PART XI, LINE 4B FINANCIAL AID 8,327,703 SCHEDULE D, PAGE 4, PART XII, LINE 2D RENTAL EXPENSES 56,290 SCHEDULE D, PAGE 4, PART XII, LINE 4B FINANCIAL AID 8,327,703 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 CENTRAL COLLEGE ADMITS STUDENTS ON THE BASIS OF ACADEMIC QUALIFICATIONS WITHOUT REGARD TO ETHNICITY, RACE, NATURAL ORIGIN, ANCESTORY, COLOR, SOCIOECONOMIC CLASS, CREED, RELIGION, PHILOSOPHICAL BELIEF, MARITAL STATUS, DISABILITY, PHYSICAL APPEARANCE, SEX, AGE, SEXUAL ORIENTATION, OR GENDER EXPRESSION. SCHEDULE E, LINE 6 CENTRAL COLLEGE RECEIVES TITLE IV FINANCIAL AID FOR STUDENTS FROM THE DEPARTMENT OF EDUCATION: PELL GRANT, SEOG, WORK STUDY FUNDS, TEACHER EDUCATION GRANTS/LOANS, AND DIRECT LOANS. true INSTITUTIONAL AID 1044 6348413 ENDOWED SCHOLARSHIPS 723 1979290 SCHEDULE I, PAGE 1, PART I, LINE 2 CENTRAL COLLEGE EMPLOYEES REVIEW COMPLIANCE FOR ALL FEDERAL, STATE, AND PRIVATE GRANTS RECEIVED. IN ADDITION, CENTRAL COLLEGE IS REQUIRED TO PARTICIPATE IN AND FILE THE FEDERAL SINGE AUDIT OF FINANCIAL AID PERFORMED BY OUR EXTERNAL AUDIT FIRM. X X X true true X X X X false false false false false false false false false MARK PUTNAM PRESIDENT 274772 4464 28832 23666 331734 MARY STREY VP ACADEMICS 202133 504 22000 32882 257519 KAREN TUMLINSON VP FINANCE & ADMIN 166949 457 17500 16044 200950 SUNNY EIGHMY VP DEVELOPMENT 154967 418 15000 500 170885 CHEVY FREIBURGER VP ENROLLMENT 139673 21240 160913 JEFF MCMARTIN FOOTBALL COACH 126411 34890 161301 SCHEDULE J, PART III CENTRAL COLLEGE OWNED PROPERTY IS PROVIDED TO THE PRESIDENT. THE PROPERTY IS USED FOR MANY COLLEGE FUNCTIONS, MEALS, AND RECEPTIONS INVOLVING FACULTY, STAFF, STUDENTS, DONORS, AND THE GENERAL PUBLIC THROUGHOUT THE YEAR. SOCIAL CLUB DUES ARE PAID BY THE COLLEGE AND ARE USED FOR BUSINESS PURPOSES ONLY. THE PRESIDENT MEETS MONTHLY WITH THE DES MOINES AREA PARTNERSHIP ORGANIZATION AND DONORS IN THE AREA. TRAVEL FOR COMPANIONS: THE PRSIDENT'S WIFE TRAVELS ON BONA FIDE BUSINESS TRIPS ONLY FOR REQUIRED CONFERENCES AND MEETINGS WITH DONORS. MARY STREY KEY EMPLOYEE 13998 NONCASH TUITION WAVIER JEFF MCMARTIN HIGHEST COMPENSATED 10488 NONCASH TUITION WAVIER SUNNY EIGHMY KEY EMPLOYEE 8132 NONCASH TUITION WAVIER X 27 591163 FAIR MARKET VALUE X IRRIGATION 1 4665 FAIR MARKET VALUE false true true SCHEDULE M, PAGE 1, PART I, LINE 32B CENTRAL COLLEGE USES MULTIPLE BROKERAGE SERVICES TO PROCESS AND SELL DONATED SECURITIES. DONORS TRANSFER SECURITIES TO CENTRAL'S BROKERAGE ACCOUNT. SECURITIES ARE THEN SOLD IMMEDIATELY PER BOARD POLICY AND FUNDS ARE DEPOSITED INTO THE COLLEGE'S CHECKING ACCOUNT AT US BANK. FORM 990 - ORGANIZATION'S MISSION CENTRAL COLLEGE IS A RESIDENTIAL LIBERAL ARTS COLLEGE DEDICATED TO HELPING STUDENTS DISCOVER AND DEVELOP THEIR GREATEST POTENTIAL. GUIDED BY ITS ECUMENICAL CHRISTIAN TRADITION, THE COLLEGE COMMUNITY ENGAGES IN VIGOROUS, OPEN INQUIRY IN PURSUIT OF ACADEMIC EXCELLENCE. THE COLLEGE NURTURES THE DEVELOPMENT OF THE MIND, WHILE FOSTERING SPIRITUAL AND EMOTIONAL MATURITY AND PHYSICAL WELL-BEING. CENTRAL INTEGRATES CAREER PREPARATION WITH THE DEVELOPMENT OF VALUES ESSENTIAL TO RESPONSIBLE CITIZENSHIP, EMPOWERING GRADUATES FOR EFFECTIVE SERVICE IN LOCAL, NATIONAL, AND INTERNATIONAL COMMUNITIES. FORM 990, PAGE 2, PART III, LINE 4D GOVERNMENT-SPONSORED TRIO PROGRAMS - EXPENSES OF FEDERAL GRANT PROGRAM FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE GOVERNANCE BOARD OF THE COLLEGE BEFORE FILING. FORM 990, PAGE 6, PART VI, LINE 12C CONFLICT OF INTEREST DOCUMENT IS COMPLETED EACH YEAR AND MONITORED BY THE TREASURER'S OFFICE. FORM 990, PAGE 6, PART VI, LINE 15A PRESIDENT'S SALARY IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES COMPENSATION COMMITTEE. FORM 990, PAGE 6, PART VI, LINE 15B SALARIES OF KEY EMPLOYEES AND OFFICERS ARE APPROVED BY DIRECT REPORTS. ALL SALARIES ARE MONITORED BY THE BUSINESS OFFICE MONTHLY. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 RENTAL EXPENSES 56,290 FINANCIAL AID -8,327,703 RENTAL EXPENSES -56,290 FINANCIAL AID 8,327,703