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GOUCHER COLLEGE: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
GOUCHER COLLEGE (EIN 52-0591613)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-05-08
IRS object ID
202421299349303517
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-08T17:03:41-07:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN520591613EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GOUCHER COLLEGEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGOUCBusinessNameControlTxt
Phone4103376000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11021 Dulaney Valley RoadAddressLine1Txt
CityBaltimoreCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21204ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNoel WardPersonNm
Person TitleAVP for Finance and ControllerPersonTitleTxt
Phone4103376132PhoneNum
Signature2024-05-08SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstNoelPersonFirstNm
Person LastWardPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer1TrustedCustomerCd
OOB Security Verification11OOBSecurityVerificationCd
Last Submission Rqr OOB1LastSubmissionRqrOOBCd
Authentication Assurance LevelAAL2AuthenticationAssuranceLevelCd
Profile Password ChangeYes (X)ProfilePasswordChangeInd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKent DeverauxPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11021 Dulaney Valley RoadAddressLine1Txt
CityTowsonCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21204ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$103,447,531GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.goucher.eduWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1885FormationYr
Legal Domicile StateMDLegalDomicileStateCd
Activity Or MissionGoucher College provides an innovative liberal arts education that prepares students with a broad, humane perspective for a life of inquiry, creativity, and critical and analytical thinking.ActivityOrMissionDesc
Voting Members Governing Body41VotingMembersGoverningBodyCnt
Voting Members Independent40VotingMembersIndependentCnt
Total Employee1249TotalEmployeeCnt
Total Volunteers242TotalVolunteersCnt
Total Gross UBI-$229,244TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm-$229,244NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$19,369,740PYContributionsGrantsAmt
CY Contributions Grants$13,779,121CYContributionsGrantsAmt
PY Program Service Revenue$70,861,038PYProgramServiceRevenueAmt
CY Program Service Revenue$67,118,512CYProgramServiceRevenueAmt
PY Investment Income$4,948,891PYInvestmentIncomeAmt
CY Investment Income$2,890,618CYInvestmentIncomeAmt
PY Other Revenue$2,993,626PYOtherRevenueAmt
CY Other Revenue$797,314CYOtherRevenueAmt
PY Total Revenue$98,173,295PYTotalRevenueAmt
CY Total Revenue$84,585,565CYTotalRevenueAmt
PY Grants And Similar Paid$35,846,687PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$34,254,562CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$35,729,157PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$37,075,544CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$2,508,373CYTotalFundraisingExpenseAmt
PY Other Expenses$33,775,235PYOtherExpensesAmt
CY Other Expenses$36,928,954CYOtherExpensesAmt
PY Total Expenses$105,351,079PYTotalExpensesAmt
CY Total Expenses$108,259,060CYTotalExpensesAmt
PY Revenues Less Expenses-$7,177,784PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$23,673,495CYRevenuesLessExpensesAmt
Total Assets BOY$435,635,122TotalAssetsBOYAmt
Total Assets EOY$430,325,294TotalAssetsEOYAmt
Total Liabilities BOY$122,914,127TotalLiabilitiesBOYAmt
Total Liabilities EOY$127,538,587TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$312,720,995NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$302,786,707NetAssetsOrFundBalancesEOYAmt
MissionGoucher College provides an innovative liberal arts education that prepares students with a broad, humane perspective for a life of inquiry, creativity, and critical and analytical thinking. The College's vision is to become a top-100 national liberal arts college known for offering a transformational education that delivers graduates who can solve complex problems within a diverse, global community.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$82,368,800ExpenseAmt
Grant$33,012,865GrantAmt
Revenue$60,303,794RevenueAmt
DescThe College provided an Undergraduate Arts and Sciences education to 988 students. Goucher's academic philosophy is focused on 3Rs: relationships, resilience, and reflection, and coursework reflects the core values of a liberal arts education: proficiency in English composition and in a foreign language, solid foundations in history, abstract reasoning, scientific discovery and experimentation, problem-solving, social structures, and environmental sustainability. A highlight of Goucher's unique liberal arts curriculum is the requirement that all undergraduates must study abroad at least once before graduation, making the College among the first in the nation to make such a bold move in globalized education. Goucher strives to educate the whole student and promotes a broad education over narrow career training. This gives graduates a wide range of professional options and increased ability to take advantage of new opportunities in developing fields-and even the capability to change careers. Goucher students master a range of knowledge, including the communication, critical thinking, and quantitative reasoning skills that U.S. employers overwhelmingly say they want job candidates to have.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$6,175,363ExpenseAmt
Grant$1,241,697GrantAmt
Revenue$6,185,243RevenueAmt
DescThe College provided a graduate education to 726 students. The Welch Center for Graduate and Professional Studies offers a diverse range of academic programs, including: Master of Arts and Master of Fine Arts degrees in areas such as education, teaching, historic preservation, arts administration, cultural sustainability, digital arts, nonfiction, management, and environmental sustainability, plus a post-baccalaureate premedical program. These programs are led by industry leaders who help students strengthen their skills, add to their knowledge base, and create professional opportunities wherever their passions lead.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$447,368ExpenseAmt
Grant$0GrantAmt
Revenue$629,475RevenueAmt
DescThe College provided credit and non-credit continuing studies course work for 643 participants. Goucher is home to the College Board's Advanced Placement (AP) Summer Institute, training teachers in AP courses from across the country and around the world. The Advanced Placement Summer Institute allows teachers to earn graduate credit while gaining College Board-certified preparation in most subject areas offered through AP programs.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$0TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$0TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$0TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$88,991,531TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (1)MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art ContributionYes (1)DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document3753IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee1249EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryBDForeignCountryCd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members41GoverningBodyVotingMembersCnt
Independent Voting Member40IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldAKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldARStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCOStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldDCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNVStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonNoel WardPersonNm
Phone4103376132PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11021 Dulaney Valley RoadAddressLine1Txt
CityBaltimoreCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21204ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (52 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
Kent Devereaux
President400Yes (X)Yes (X)$418,853$0$167,385
David Valentine
VP for Finance and Administration400Yes (X)$250,911$0$39,877
Michele Y Ewing
VP for Advancement400$232,308$0$41,619Yes (X)
Elaine Meyer-Lee
Provost400Yes (X)$226,198$0$31,225
Jonathan Lindsay
VP for Enrollment Management400$201,273$0$20,137Yes (X)
Aarika Camp
Vice President of Student Affairs400$176,257$0$31,225Yes (X)
Erik Thompson
VP for Campus Operations400$190,927$0$5,690Yes (X)
Robert Smith
Associate VP and Deputy Chief Information Officer400$159,792$0$31,116Yes (X)
Kristi Yowell
Associate VP for Human Resources400$166,358$0$8,879Yes (X)
Noel Ward
Associate VP of Finance and Controller400$166,449$0$8,412Yes (X)
David Grossman
Associate Professor400$140,695$0$6,343Yes (X)
Michelle Hammond
AVP for the Library and Learning Commons400$121,813$0$1,604Yes (X)
Lisa Lyden Stromberg Class of 1983
Trustee, Chair250Yes (X)Yes (X)$0$0$0
William E Pugh II Class of 1994
Trustee, Vice Chair200Yes (X)Yes (X)$0$0$0
Janet Farrell Class of 1973
Trustee, Treasurer100Yes (X)Yes (X)$0$0$0
Dr Jocelyn Reader Class of 2002
Trustee, Secretary100Yes (X)Yes (X)$0$0$0
Tara Abdullah-Nri Class of 2022
Trustee5.000Yes (X)$0$0$0
Kimara Ahnert Class of 1991
Trustee50Yes (X)$0$0$0
Patricia Batza Class of 1991
Trustee50Yes (X)$0$0$0
Robert Lee Bull Jr Class of 1993
Trustee100Yes (X)$0$0$0
Kara Byrne Bundy Class of 2002
Trustee50Yes (X)$0$0$0
Melinda J Burdette Class of 1972
Trustee100Yes (X)$0$0$0
Tinisha J Cheatham
Trustee50Yes (X)$0$0$0
Richard J Davis
Trustee50Yes (X)$0$0$0
Dante Disparte Class of 2000
Trustee50Yes (X)$0$0$0
Elizabeth Ellers Class of 1981
Trustee50Yes (X)$0$0$0
Leda Fuller Favor Class of 1979
Trustee50Yes (X)$0$0$0
Stefano Fiore Class of 2022
Trustee50Yes (X)$0$0$0
Deanna Galer Class of 2017
Trustee50Yes (X)$0$0$0
Damon Highsmith Class of 2003
Trustee50Yes (X)$0$0$0
Linda K Himmelberger Class of 1974
Trustee50Yes (X)$0$0$0
Miriam Brown Hutchins Class of 1973
Trustee50Yes (X)$0$0$0
Miriam E Katowitz Class of 1973
Trustee50Yes (X)$0$0$0
Ruth Shapiro Lenrow Class of 1974
Trustee50Yes (X)$0$0$0
Marcus Loveland
Trustee50Yes (X)$0$0$0
Antonia Pettit Class of 2020
Trustee50Yes (X)$0$0$0
Alice G Pinderhughes Class of 1973
Trustee50Yes (X)$0$0$0
Cindy Plavier-Truitt Class of 1986
Trustee50Yes (X)$0$0$0
Faye Polayes Class of 1973
Trustee50Yes (X)$0$0$0
Rosana Roig Class of 1978
Trustee50Yes (X)$0$0$0
Madalyn Romberger Class of 2021
Trustee50Yes (X)$0$0$0
Jonathan Schoenfeld Class of 1997
Trustee50Yes (X)$0$0$0
Carolyn Schwarz
Trustee50Yes (X)$0$0$0
Ralph M Segall
Trustee50Yes (X)$0$0$0
Jodie H Slaughter Class of 1979
Trustee50Yes (X)$0$0$0
Stewart Thomsen
Trustee50Yes (X)$0$0$0
Marilyn S Warshawsky Class of 1968
Trustee50Yes (X)$0$0$0
Craig Watson
Trustee50Yes (X)$0$0$0
Betsy Weingarten Class of 1988
Trustee50Yes (X)$0$0$0
Jonathan Wexler Class of 1994
Trustee50Yes (X)$0$0$0
Wendy S White Class of 1972
Trustee50Yes (X)$0$0$0
Margaret M Winslow Class of 1969
Trustee50Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,451,834TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$393,512TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K32IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmtAddress Line2ContractorAddress/USAddress/AddressLine2Txt
Bon Appetit Management Co
1021 Dulaney Valley RoadBaltimoreMD21204Food service provider$4,420,525
Incline Alchemy Inc
575 Double Eagle CourtRenoNV89521Management Information System Consultant$1,744,015Ste 220
EAB Global Inc
2445 M Street NWWashingtonDC20037Educational Consultant$765,973
Educators Advancement Group Inc dba K-12 Teachers Alliance
20624 Abbey Woods Court NorthFrankfortIL60423Program$569,650
Workday
6110 Stoneridge Mall RoadPleasantonCA94588Management Information System Consultant$506,270
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K42CntrctRcvdGreaterThan100KCnt
Federated Campaigns$0FederatedCampaignsAmt
Membership Dues$0MembershipDuesAmt
Fundraising$17,049FundraisingAmt
Related Organizations$0RelatedOrganizationsAmt
Government Grants$5,655,369GovernmentGrantsAmt
All Other Contributions$8,106,703AllOtherContributionsAmt
Noncash Contributions$314,026NoncashContributionsAmt
Total Contributions$13,779,121TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
Undergraduate Tuition, Room & Board611310$60,303,794$60,303,794$0$0
Graduate Tuition, Room & Board611310$6,185,243$6,185,243$0$0
Continuing Professional Education611310$629,475$629,475$0$0

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$67,118,512TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,418,074TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue-$489,887UnrelatedBusinessRevenueAmt
Exclusion$1,907,961ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$59,675TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$59,675ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$489,347RealAmt
Personal$0PersonalAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$529,374RealAmt
Personal$0PersonalAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real-$40,027RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$40,027TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$16,111UnrelatedBusinessRevenueAmt
Exclusion-$56,138ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$17,997,447SecuritiesAmt
Other$1,629,386OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$15,387,449SecuritiesAmt
Other$2,826,515OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$2,609,998SecuritiesAmt
Other-$1,197,129OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,412,869TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$2,234UnrelatedBusinessRevenueAmt
Exclusion$1,410,635ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$8,550FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$17,049ContriRptFundraisingEventAmt
Fundraising Direct Expenses$35,125FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$26,575TotalRevenueColumnAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$26,575ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$132,668GrossSalesOfInventoryAmt
Cost Of Goods Sold$83,503CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$49,165TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$49,165ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
Summer Camp611620$9,633$0$9,633$0
Pilates611699$164,827$0$164,827$0
Pool713940$67,838$0$67,838$0

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$572,453TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$572,453ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$814,751OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$84,585,565TotalRevenueColumnAmt
Related Or Exempt Func Income$67,118,512RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue-$229,244UnrelatedBusinessRevenueAmt
Exclusion$3,917,176ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$34,165,305TotalAmt
Program Services$34,165,305ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$89,257TotalAmt
Program Services$89,257ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,704,481TotalAmt
Program Services$620,813ProgramServicesAmt
Management And General$680,458ManagementAndGeneralAmt
Fundraising$403,210FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$28,775,979TotalAmt
Program Services$20,795,703ProgramServicesAmt
Management And General$6,753,861ManagementAndGeneralAmt
Fundraising$1,226,415FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$972,360TotalAmt
Program Services$647,782ProgramServicesAmt
Management And General$256,463ManagementAndGeneralAmt
Fundraising$68,115FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$3,419,702TotalAmt
Program Services$2,497,452ProgramServicesAmt
Management And General$817,972ManagementAndGeneralAmt
Fundraising$104,278FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$2,203,022TotalAmt
Program Services$1,557,790ProgramServicesAmt
Management And General$530,880ManagementAndGeneralAmt
Fundraising$114,352FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$550,882TotalAmt
Program Services$285,869ProgramServicesAmt
Management And General$263,195ManagementAndGeneralAmt
Fundraising$1,818FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$128,471TotalAmt
Program Services$0ProgramServicesAmt
Management And General$128,471ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$19,010TotalAmt
Program Services$0ProgramServicesAmt
Management And General$19,010ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt
Fundraising$0FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$1,234,905TotalAmt
Program Services$0ProgramServicesAmt
Management And General$1,234,905ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$5,147,145TotalAmt
Program Services$3,890,682ProgramServicesAmt
Management And General$1,048,543ManagementAndGeneralAmt
Fundraising$207,920FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$500,663TotalAmt
Program Services$117,140ProgramServicesAmt
Management And General$315,422ManagementAndGeneralAmt
Fundraising$68,101FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$2,945,604TotalAmt
Program Services$2,424,777ProgramServicesAmt
Management And General$464,306ManagementAndGeneralAmt
Fundraising$56,521FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,719,052TotalAmt
Program Services$49,061ProgramServicesAmt
Management And General$1,666,491ManagementAndGeneralAmt
Fundraising$3,500FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$3,657,038TotalAmt
Program Services$2,732,959ProgramServicesAmt
Management And General$860,462ManagementAndGeneralAmt
Fundraising$63,617FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,528,640TotalAmt
Program Services$1,443,488ProgramServicesAmt
Management And General$50,763ManagementAndGeneralAmt
Fundraising$34,389FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$191,760TotalAmt
Program Services$162,076ProgramServicesAmt
Management And General$20,815ManagementAndGeneralAmt
Fundraising$8,869FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$3,985,043TotalAmt
Program Services$3,982,146ProgramServicesAmt
Management And General$2,897ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$8,707,820TotalAmt
Program Services$8,185,351ProgramServicesAmt
Management And General$435,391ManagementAndGeneralAmt
Fundraising$87,078FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$893,104TotalAmt
Program Services$0ProgramServicesAmt
Management And General$893,104ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Food Service Costs$4,250,627$4,250,627$0$0
Study Abroad$207,317$207,317$0$0
Food$519,307$369,611$94,872$54,824
Other Administrative$742,566$516,325$220,875$5,366

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$108,259,060TotalAmt
Program Services$88,991,531ProgramServicesAmt
Management And General$16,759,156ManagementAndGeneralAmt
Fundraising$2,508,373FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$6,978,829BOYAmt
EOY$4,490,874EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,210,732BOYAmt
EOY$1,215,008EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,593,880BOYAmt
EOY$2,126,762EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$5,970,721BOYAmt
EOY$2,482,373EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,665,104BOYAmt
EOY$2,484,493EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$311,367,154LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$149,341,590LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$166,210,177BOYAmt
EOY$162,025,564EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$152,358,689BOYAmt
EOY$160,064,820EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$89,826,014BOYAmt
EOY$80,353,956EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$3,400,898BOYAmt
EOY$5,612,428EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$6,420,078BOYAmt
EOY$9,469,016EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$435,635,122BOYAmt
EOY$430,325,294EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$7,828,939BOYAmt
EOY$7,036,176EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$2,663,045BOYAmt
EOY$2,300,278EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$100,229,606BOYAmt
EOY$106,162,762EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$2,800,000EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$12,192,537BOYAmt
EOY$9,239,371EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$122,914,127BOYAmt
EOY$127,538,587EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$90,680,270BOYAmt
EOY$79,499,935EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$222,040,725BOYAmt
EOY$223,286,772EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$312,720,995BOYAmt
EOY$302,786,707EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$435,635,122BOYAmt
EOY$430,325,294EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$23,673,495ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$10,378,755NetUnrlzdGainsLossesInvstAmt
Donated Services And Use Fclts$0DonatedServicesAndUseFcltsAmt
Investment Expense$0InvestmentExpenseAmt
Prior Period Adjustments-$288PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$3,360,740OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

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

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$9,611,723CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$10,189,472CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$23,481,871CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$19,369,740CurrentTaxYearMinus1YearAmt
Current Tax Year$13,799,121CurrentTaxYearAmt
Total$76,451,927TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$9,611,723CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$10,189,472CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$23,481,871CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$19,369,740CurrentTaxYearMinus1YearAmt
Current Tax Year$13,799,121CurrentTaxYearAmt
Total$76,451,927TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$9,899,480SubstantialContributorsTotAmt
Public Support Total170$66,552,447PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,238,763CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,214,272CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,389,826CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,065,047CurrentTaxYearMinus1YearAmt
Current Tax Year$1,925,779CurrentTaxYearAmt
Total$9,833,687TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$715,079CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$655,328CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$164,469CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,748,901CurrentTaxYearMinus1YearAmt
Current Tax Year$713,671CurrentTaxYearAmt
Total$4,997,448TotalAmt
FieldValueIRS element (for citing)
Total Support$91,283,062TotalSupportAmt
Gross Receipts Rltd Activities$376,180,479GrossReceiptsRltdActivitiesAmt
Public Support CY1700.72908PublicSupportCY170Pct
Public Support PY1700.69686PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule A, Part II, Line 10FormAndLineReferenceDesc
ExplanationIncludes other revenueExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

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

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
VolunteersYes (1)VolunteersInd
Paid Staff Or ManagementYes (1)PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (1)DirectContactLegislatorsInd
Direct Contact Legislators$8,530DirectContactLegislatorsAmt
Rallies Demonstrations0RalliesDemonstrationsInd
Other ActivitiesYes (1)OtherActivitiesInd
Other Activities$10,480OtherActivitiesAmt
Total Lobbying Expenditures$19,010TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule C, Part II-B, Line 1FormAndLineReferenceDesc
ExplanationMembers of Goucher's senior management team, faculty, staff and a select number of students participate in the annual Independent Higher Education Day. The event was sponsored by the Maryland Independent College and University Association(MICUA), of which Goucher is a member, and brought students and administrators from across the state to Maryland's capital for a briefing and visits with elected officials. In addition, members of Goucher's staff met with elected officials on behalf of the College. The associated compensation for these activities is reported on line 1g. The organization paid membership dues of $7,906 to the National Association of Independent Colleges and Universities (NAICU) and $62,039 to the Maryland Independent Colleges and Universities Association (MICUA), both of which engage in lobbying activity. NAICU set aside approximately 7% of the dues paid to engage in non-deductible lobbying and political expenditures. MICUA set aside approximately 16% of the dues paid to engage in non-deductible lobbying and political expenditures. Accordingly, the College has reported an equal amount on line 1i.ExplanationTxt

Schedule D IRS990ScheduleD

Held Works Art HeldWorksArtGrp

FieldValueIRS element (for citing)
Revenues Included$0RevenuesIncludedAmt
Assets Included$0AssetsIncludedAmt
FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd

Collection Used Other Purposes CollectionUsedOtherPurposesGrp

FieldValueIRS element (for citing)
Collection Used Other PurposesYes (X)CollectionUsedOtherPurposesInd
Other PurposesEducationOtherPurposesDesc
FieldValueIRS element (for citing)
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$243,311,000BeginningYearBalanceAmt
Contributions$4,964,000ContributionsAmt
Investment Earnings Or Losses$11,220,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$5,360,000GrantsOrScholarshipsAmt
Other Expenditures$14,365,000OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$239,770,000EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$259,341,000BeginningYearBalanceAmt
Contributions$5,677,000ContributionsAmt
Investment Earnings Or Losses-$9,759,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,879,000GrantsOrScholarshipsAmt
Other Expenditures$7,069,000OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$243,311,000EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$191,378,000BeginningYearBalanceAmt
Contributions$73,947,000ContributionsAmt
Investment Earnings Or Losses$5,993,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,842,000GrantsOrScholarshipsAmt
Other Expenditures$7,135,000OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$259,341,000EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$203,430,000BeginningYearBalanceAmt
Contributions$2,548,000ContributionsAmt
Investment Earnings Or Losses$2,599,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,658,000GrantsOrScholarshipsAmt
Other Expenditures$12,541,000OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$191,378,000EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$214,921,000BeginningYearBalanceAmt
Contributions$1,330,000ContributionsAmt
Investment Earnings Or Losses$7,470,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,547,000GrantsOrScholarshipsAmt
Other Expenditures$15,744,000OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$203,430,000EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.138BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.411PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.451TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (1)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$14,780,348OtherCostOrOtherBasisAmt
Book Value$14,780,348BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$261,353,851OtherCostOrOtherBasisAmt
Depreciation$123,415,738DepreciationAmt
Book Value$137,938,113BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$0OtherCostOrOtherBasisAmt
Depreciation$0DepreciationAmt
Book Value$0BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$32,311,765OtherCostOrOtherBasisAmt
Depreciation$25,925,852DepreciationAmt
Book Value$6,385,913BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$2,921,190OtherCostOrOtherBasisAmt
Depreciation$0DepreciationAmt
Book Value$2,921,190BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$162,025,564TotalBookValueLandBuildingsAmt

Financial Derivatives FinancialDerivativesGrp

FieldValueIRS element (for citing)
Book Value$0BookValueAmt

Closely Held Equity Interests CloselyHeldEquityInterestsGrp

FieldValueIRS element (for citing)
Book Value$0BookValueAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
Hedge Funds$20,931,210F
Limited Partnership Interests$59,422,746F
FieldValueIRS element (for citing)
Total Book Value Securities$80,353,956TotalBookValueSecuritiesAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
Other long-term liabilities$5,432,888
Refundable advances from U.S. government$265,997
Asset retirement obligation$2,098,708
Payables and deferred revenues under split interest arrangements$1,441,778
FieldValueIRS element (for citing)
Total Liability$9,239,371TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$63,791,000TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$10,378,755NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$0DonatedServicesAndUseFcltsAmt
Recoveries Prior Year Grants$0RecoveriesPriorYearGrantsAmt
Other Revenue-$31,761,647OtherRevenueAmt
Revenue Not Reported-$21,382,892RevenueNotReportedAmt
Revenue Subtotal$85,173,892RevenueSubtotalAmt
Investment Expenses Not Incld$0InvestmentExpensesNotIncldAmt
Other Revenues Not Included-$588,327OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$588,327RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$84,585,565TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$73,725,000TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$0DonatedServicesUseFcltsAmt
Prior Year Adjustments$0PriorYearAdjustmentsAmt
Losses Reported$0LossesReportedAmt
Other Expenses Included$588,327OtherExpensesIncludedAmt
Expenses Not Reported$588,327ExpensesNotReportedAmt
Expenses Subtotal$73,136,673ExpensesSubtotalAmt
Investment Expenses Not Incld2$0InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$35,122,387OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$35,122,387ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$108,259,060TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part III, Line 1The College did not disclose its collection and related policies in its financial statements.
Schedule D, Part III, Line 4The College art collection is comprised of works of fine art, including two-dimensional and three-dimensional art objects and miscellaneous objects of value. The art collection is owned by the College. Art objects are housed in buildings or on the campus grounds of the College or are loaned by the College to other institutions. The collection includes sculptures, prints, photographs, drawings, paintings, and other artistic objects. The collection is used for scholarly research, education, and public exhibition in furtherance of the exempt purposes of the College.
Schedule D, Part V, Line 4The endowment of Goucher College generated income to support the College both generally and in specific ways designated by our generous donors. Income, allocated across approximately 730 endowments, supports both merit and need-based scholarships of undergraduate and graduate students, fellowships, internships, professorships, lectureships, the College library, and the College's general operating budget.
Schedule D, Part X, Line 2The College is qualified as a not-for-profit organization under section 501(c)(3) of the Internal Revenue Code, as amended. Accordingly, the College is not subject to income taxes except to the extent it has taxable income from activities that are not related to its exempt purpose. No provision for income taxes was required for 2023 or 2022. Management has analyzed the tax positions taken by the College and has concluded that as of June 30, 2023, and 2022, there are no uncertain positions taken or expected to be taken that would require recognition or disclosure in the accompanying financial statements. The College is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax period in progress.
Schedule D, Part XI, Line 2dIncludes student financial aid of $33,629,034, KTA Revenue Share of $335,950, investment fees $1,234,905, unrealized gain on swap agreement of ($2,465,000), gain on extinguishment of debt of ($895,740), the reclassification of intercompany revenue against expenses of ($77,503), and rounding of $1.
Schedule D, Part XI, Line 4bRental expenses of ($529,374), fundraising expenses of ($35,125), interest from investment of tax-exempt bond proceeds $59,675, and cost of good sold of ($83,503) presented net within revenues.
Schedule D, Part XII, Line 2dRental expenses of $529,374, fundraising expenses of $35,125, interest from investment of tax-exempt bond proceeds $59,675, and cost of goods sold of $83,503 presented net within revenues.
Schedule D, Part XII, Line 4bIncludes student financial aid of $33,629,034, revenue share of $335,950 paid to a service provider, investment fees of $1,234,906, and reclassification of intercompany revenue of ($77,503).

Schedule E IRS990ScheduleE

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

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule E, Part I, Line 3The racially nondiscriminatory policy is published in the College's academic catalog, student handbook and on the website.
Schedule E, Part I, Line 6The College participates in the following federal programs which provide financial aid to undergraduate and graduate students: Pell Grant Program, Supplemental Educational Opportunity Grant Program, Federal Work Study Program, Perkins Loan Program, Federal Direct Student Loans, and Teacher Education Assistance for College and Higher Education. The College also received grants from the Maryland State Department of Education, Maryland Higher Education Commission and participates in the Maryland Sellinger Program. In addition, the College was awarded sponsored research and other program grants funded by the National Science Foundation, National Institute of Health, National Endowment for the Humanities, US Department of State, and the US Department of Education.

Schedule F IRS990ScheduleF

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

Account Activities Outside US AccountActivitiesOutsideUSGrp (9 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Central America and the Caribbean00InvestmentsInvestments$6,729,685
Central America and the Caribbean00Program ServicesEducational Supplies$5,451
East Asia and the Pacific00Program ServicesEducational supplies$34,710
Europe (including Iceland and Greenland)00Program ServicesEducational supplies$106,007
Middle East and North Africa00Program ServicesEducational supplies$565
North America (including Canada and Mexico, but not the United States)00Program ServicesEducational supplies$5,165
South America00Program ServicesEducational supplies$3,828
South Asia00Program ServicesEducational supplies$4,526
Sub-Saharan Africa00Program ServicesEducational supplies$4,345
FieldValueIRS element (for citing)
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Total Spent$6,894,282TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp

FieldValueIRS element (for citing)
Type Of AssistanceStudent Financial AidTypeOfAssistanceTxt
RegionEurope (including Iceland and Greenland)RegionTxt
Recipient9RecipientCnt
Cash Grant$89,257CashGrantAmt
Manner Of Cash DisbursementCredit to student accountMannerOfCashDisbursementTxt
Non Cash Assistance$0NonCashAssistanceAmt
FieldValueIRS element (for citing)
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule F, Part I, Line 2The College provides institutional grant funds limited to need-based and merit-based assistance to its students while they participate in study abroad experiences. In general, grants are credited into the student's tuition account. Financial need is determined by subtracting the expected family contribution - as calculated on the Free Application of Federal Student Aid (FAFSA) - from the student's total cost of attendance. Financial aid is awarded for one year only and must be renewed annually. Need-based aid is renewed to continuing students who demonstrate need and who are making satisfactory progress toward their degrees. Institutional merit-based scholarship requirements vary depending on the award. Compliance with those requirements is also overseen by the Office of Student Financial Aid, in cooperation with the Office of Global Education.
Schedule F, Part IV, Line 1The College, through its investment in various alternative assets, has transfers to foreign corporations during the year. The organization has transferred funds to foreign corporations through its alternative investment vehicles and will be filing Forms 926 with their Form 990T.
Schedule F, Part IV, Line 3The College, through its investment in various alternative assets, has interests in foreign corporations. However, the College's interest in any single foreign corporation was less than 10 percent. Accordingly, the College is not required to file Form 5471.
Schedule F, Part IV, Line 4The College, through its investment in various alternative assets and common collective trusts, was a direct or indirect shareholder of a passive foreign investment company or qualifying electing fund. In these cases, the investment manager files Form 8621 on its investors' behalf. Accordingly, the College is not required to file Form 8621.
Schedule F, Part IV, Line 5The College, through its investment in various alternative assets, has ownership in foreign partnerships. However, the College owned less than 10% of any single foreign partnership and it did not directly or indirectly transfer greater than $100,000 to any foreign partnership. Accordingly, the College is not required to file Form 8865.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Golf TournamentEvent1Nm
Gross Receipts Event1$14,315GrossReceiptsEvent1Amt
Charitable Contri Event1$8,090CharitableContriEvent1Amt
Gross Revenue Event1$6,225GrossRevenueEvent1Amt
Cash Prizes Event1$0CashPrizesEvent1Amt
Non Cash Prizes Event1$0NonCashPrizesEvent1Amt
Rent Facility Costs Event1$17,679RentFacilityCostsEvent1Amt
Food And Beverage Event1$3,237FoodAndBeverageEvent1Amt
Entertainment Event1$2,940EntertainmentEvent1Amt
Other Direct Expenses Event1$0OtherDirectExpensesEvent1Amt
Event2Jewell Robinson DinnerEvent2Nm
Gross Receipts Event2$11,284GrossReceiptsEvent2Amt
Charitable Contri Event2$8,959CharitableContriEvent2Amt
Gross Revenue Event2$2,325GrossRevenueEvent2Amt
Cash Prizes Event2$0CashPrizesEvent2Amt
Non Cash Prizes Event2$0NonCashPrizesEvent2Amt
Rent Facility Costs Event2$0RentFacilityCostsEvent2Amt
Food And Beverage Event2$9,995FoodAndBeverageEvent2Amt
Entertainment Event2$0EntertainmentEvent2Amt
Other Direct Expenses Event2$1,274OtherDirectExpensesEvent2Amt
Other Events Total0OtherEventsTotalCnt
Gross Receipts Total$25,599GrossReceiptsTotalAmt
Charitable Contributions Tot$17,049CharitableContributionsTotAmt
Gross Revenue Total Events$8,550GrossRevenueTotalEventsAmt
Cash Prizes Total Events$0CashPrizesTotalEventsAmt
Non Cash Prizes Total Events$0NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$17,679RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$13,232FoodAndBeverageTotalEventsAmt
Entertainment Total Events$2,940EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$1,274OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$35,125DirectExpenseSummaryEventsAmt
Net Income Summary-$26,575NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

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

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDesc
Undergraduate and graduate grants, scholarships, and discounts1539$33,539,777$0Cash Value
Prizes, awards, internships, and fellowships221$366,880$0Cash Value
HEERF Grant - Emergency Fund481$258,648$0Cash Value

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule I, Part I, Line 2FormAndLineReferenceDesc
ExplanationGoucher College's institutional grant funds are limited to need-based and merit-based financial assistance for attendance at the College. Goucher College's comprehensive program of need-based and merit-based financial assistance is managed by the Office of Student Financial Aid. Financial need is determined by subtracting the Expected Family Contribution - as calculated on the Free Application for Federal Student Aid (FAFSA) from the student's total cost of attendance. Financial aid is awarded for one year only and must be renewed annually. Need-based aid is renewed to continuing students who demonstrate need and who are making satisfactory progress toward their degrees. Institutional merit-based scholarship requirements vary depending on the award. Compliance with those requirements is also overseen by the Office of Student Financial Aid.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Idemnification Gross Up PmtsYes (X)IdemnificationGrossUpPmtsInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Kent Devereaux
President$311,780$0$0$0$107,073$0$115,250$0$52,135$0$586,238$0$100,000$0
David Valentine
VP for Finance and Administration$249,736$0$0$0$1,175$0$12,814$0$27,063$0$290,788$0$0$0
Michele Y Ewing
VP for Advancement$231,281$0$0$0$1,028$0$12,045$0$29,574$0$273,928$0$0$0
Elaine Meyer-Lee
Provost$224,848$0$0$0$1,350$0$11,533$0$19,692$0$257,423$0$0$0
Jonathan Lindsay
VP for Enrollment Management$191,056$0$0$0$10,216$0$0$0$20,137$0$221,409$0$0$0
Erik Thompson
VP for Campus Operations$190,058$0$0$0$870$0$5,690$0$0$0$196,618$0$0$0
Aarika Camp
Vice President of Student Affairs$175,671$0$0$0$586$0$4,529$0$11,463$0$192,249$0$0
Robert Smith
Associate VP and Deputy Chief Information Officer$139,080$0$20,000$0$711$0$7,299$0$23,817$0$190,907$0$0$0
Kristi Yowell
Associate VP for Human Resources$146,249$0$20,000$0$109$0$7,363$0$1,516$0$175,237$0$0$0
Noel Ward
Associate VP of Finance and Controller$146,287$0$20,000$0$162$0$7,343$0$1,069$0$174,861$0$0$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule J, Part I, Line 1aA residence and limited personal services are provided for the convenience of the College and as a condition of employment. A housing allowance of $28,000 is included in the President's non-taxable compensation. The club memberships provide President Devereaux with access to conveniently located and cost-efficient spaces for meetings with donors, which may take place over meals, as well as reciprocal club spaces domestically and internationally. The University Club in New York, where many donors and trustees live, also offers a reduced price for overnight accommodations in comparison to area hotels. This club has a specific membership tier and reduced fee for college and university presidents that reflects the non-profit status of these institutions. All expenses incurred and billed to the College at these clubs are exclusively for College business. Club dues of $6,722 is included a non-taxable fringe benefit. In addition, the College provides a de minims gross-up payment to senior staff to cover the tax impact of long-term disability insurance.
Schedule J, Part I, Line 4The College provides a deferred compensation plan (the Plan) pursuit to 457(f) of the Internal Revenue Code of 1986, as amended, for the benefit of the President. The Plan provides additional compensation for his continued service, by the payment of a deferred compensation amount. The amount, as provided under his contract, is credited to an account on July 1, accrues interest monthly, and is paid in September following the close of the fiscal year. The amount vests as of the payment date, and is forfeited in the event of voluntarily termination of employment, or termination for cause.
Schedule J, Part I, Line 7In calendar year 2022, the College paid appreciation and retention bonus to three individuals that led the system implementation of the Workday Platform for HCM, Finance and Payroll. The bonus was an acknowledgement of their leadership and the additional responsibilities assumed during the implementation.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBusiness Name Line2IssuerName/BusinessNameLine2TxtBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
MD Health and Higher Educational Facilities Authority
AGoucher College Issue Series 2017A5209360915742182H52017-06-20$60,565,232Refund MHHEFA Series 2012B and 2012C bonds, dated 8/2012000
MD Health and Higher Educational Facilities Authority
BSeries 20225209360912022-08-01$48,854,000Refunding the refunded bonds and financing and refinancing the 2022 Project000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$1,860,000$0$60,565,232$1,122,428$0$0$1,068,599$0$0$0$60,488,631$02017Yes (1)0Yes (1)Yes (1)
B$0$0$48,854,000$0$0$0$0$0$0$4,263,287$40,367,196$4,283,192Yes (1)00Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A00Yes (1)Yes (1)000000Yes (1)
B00Yes (1)Yes (1)000000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A000Yes (1)0000Yes (1)
B0Yes (1)00Yes (1)000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule K, Part IV, Line 2c-06/20/2017 60,565,232 MD Health and Higher Educational Facilities AuthoFormAndLineReferenceDesc
ExplanationHilltop Securities prepared Goucher College's MHHEFA Series 2017A rebate calculation as of 10/26/21 and determined no rebate was due.ExplanationTxt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$0NoncashContributionsRptF990Amt
Method Of Determining RevenuespolicyMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution26ContributionCnt
Noncash Contributions Rpt F990$314,026NoncashContributionsRptF990Amt
Method Of Determining RevenuesNYSEMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescHorseDesc
Contribution4ContributionCnt
Noncash Contributions Rpt F990$0NoncashContributionsRptF990Amt
Method Of Determining RevenuespolicyMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received4Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule M, Part IThe number reported in column (b) represents the number of items contributed, except for line 9 - securities, where all securities donated on one day by the same donor were counted as one contribution.
Schedule M, Part I, Line 33It is the policy of the College to record works of art, books, horses and other non-cash gifts received at a book value of zero.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, Line 11bAfter review by the Audit and Risk Committee, the complete Form 990 and Form 990T were distributed electronically to all members of the Board of Trustees for a period of review and comment lasting 7 days. At the conclusion of the period of comment and review, a meeting of the Audit and Risk Committee of the Board of Trustees was convened to review and revise (if necessary) Form 990 and 990T. The Forms were approved for Filing by the Audit and Risk Committee of the Board of Trustees on May 8, 2024
Form 990, Part VI, Section B, Line 12cEvery trustee, officer and key employee is provided a copy of the Conflict of Interest Policy annually and required to complete an annual disclosure form reporting any known material financial or other interest of the trustee, officer or key employee or a family member in any transaction or business relationship the College has or is considering, including material financial or other interests in any outside entity involved in such transaction or relationship. The CFO and/or Director of Risk Management, Insurance & Contracts reviews the disclosure forms and reports any disclosures to the Audit and Risk Committee of the Board of Trustees. Committee members then determine what, if any, action should be taken as to each disclosure and these actions are implemented by the CFO and/or Director of Risk Management, Insurance & Contracts. The policy directs the committee to review and update the list of the key employees, and the policy itself is reviewed on a regular basis and revised as necessary.
Form 990, Part VI, Section B, Line 15Goucher College uses the median of relevant national markets to determine salary for positions. The national comparison market was established based on institution type (private, not-for-profit Baccalaureate: Arts & Science Focus institutions in the U.S.), total enrollment (750 - 2,500), total expenses ($50M - $125M), total FTE (300-750), and Degree of Urbanization (excludes rural institutions). After conducting a geographic analysis on cost of labor, the College applied a 5% premium to account for the Baltimore cost of labor difference against the U.S. average for all positions. For staff positions, the median of the market for private, independent colleges using CUPA-HR salary survey data was used, along with two general industry salary surveys, Comp Analyst and Willis Towers Watson. For faculty positions, the median of the market for private, independent colleges using CUPA-HR salary survey data was used based on rank and discipline as defined by the four-digit Classification net of Instructional Programs (CIP) code; two-digit codes were used when four-digit data was not available. This compensation philosophy was discussed and agreed to by the President's Cabinet. A Presidential performance review form is used by the Board to evaluate the president's performance. A copy of the report is maintained by the Associate Vice President for Human Resources.
Form 990, Part VI, Section C, Line 19The governing documents, conflict of interest policy, and audited financial statements are available to the public upon request. Some policies are also available on the College website.
Form 990, Part XI, Line 9Changes in fair value of interest rate swap agreement $2,465,000 and Gain on extinguishment of debt of $895,740.

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationInd
Pooled Income Fund (2)
1021 Dulaney Valley RoadBaltimoreMD21204AnnuityMDN/AT0
Charitable Remainder Unitrust (3)
1021 Dulaney Valley RoadBaltimoreMD21204AnnuityMDN/AT0
Charitable Remainder Trust (1)
1021 Dulaney Valley RoadBaltmoreMD21204AnnuityFLN/AT0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd