2023-02-17T09:43:36-06:00 2022-06-30 721396621 CARR RIGGS & INGRAM LLC 4004 SUMMIT BLVD NE SUITE 800 ATLANTA GA 30319 990 2021-07-01 581948807 ASSOCIATED COLLEGES OF THE SOUTH INC ASSO 4046369533 2970 CLAIRMONT ROAD SUITE 1030 ATLANTA GA 30329 STEPHANIE FABRITIUS PRESIDENT 4046369533 2023-01-26 1 STEPHANIE FABRITIUS 999009999 TIFFANY T ORR CPA P01559485 7703948000 2023-01-26 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z STEPHANIE FABRITIUS 2970 CLAIRMONT ROAD SUITE 1030 ATLANTA GA 30329 4545705 0 X WWW.COLLEGES.ORG X 1991 GA THE ASSOCIATED COLLEGES OF THE SOUTH SEEKS TO CHAMPION AND ENHANCE RESIDENTIAL LIBERAL ARTS EDUCATION THROUGH COLLABORATIVE PROJECTS AMONG ITS SIXTEEN MEMBER INSTITUTIONS. 16 16 0 350 0 0 576000 2076000 173436 211122 107755 182081 0 0 857191 2469203 298667 417923 0 0 432681 448622 0 0 65778 247079 302147 978427 1168692 -121236 1300511 4989601 5730607 141608 208692 4847993 5521915 THE ASSOCIATED COLLEGES OF THE SOUTH SEEKS TO CHAMPION AND ENHANCE RESIDENTIAL LIBERAL ARTS EDUCATION THROUGH COLLABORATIVE PROJECTS AMONG ITS SIXTEEN MEMBER INSTITUTIONS. 0 0 639211 417923 211122 FACULTY PROGRAM: THE FACULTY PROGRAM INCLUDES WORKSHOPS THAT FOCUS ON TEACHING METHODS AS OPPOSED TO DISCIPLINARY CONTENT. THE FACULTY PROGRAM ALSO INCLUDES GRANTS GIVEN TO ASSIST FACULTY IN REFINING COURSES, TEACHING NEW SKILLS AND APPROACHES, AND ADVANCING RESEARCH EFFORTS. 40052 DIVERSITY PROGRAM: THE DIVERSITY PROGRAM ACKNOWLEDGES THE LACK OF RACIAL DIVERSITY AMONG THE FACULTY AND STAFF OF THE ASSOCIATION'S INSTITUTIONS AND PROPOSES WAYS TO ADDRESS AND IMPROVE THAT SITUATION. THE ASSOCIATION HELD MEETINGS WITH REPRESENTATIVES OF THE MEMBER INSTITUTIONS. THE FINDINGS OF THE PROGRAM ARE INCORPORATED INTO THE ASSOCIATION'S STRATEGIC PLAN. 178043 MEMBER SERVICES: MEMBER SERVICES ENCOMPASSES ALL OF THE WORK THE ASSOCIATION DOES FOR ITS MEMBER INSTITUTIONS, OTHER THAN THE FACULTY AND DIVERSITY PROGRAMS. CURRENTLY, MEMBER SERVICES INCLUDES THE TUITION EXCHANGE PROGRAM, RELATIONSHIP BUILDING WITH MEMBER INSTITUTIONS, AND MEETINGS OF SENIOR ADMINISTRATIVE OFFICERS AT THE COLLEGES FOR NETWORKING AND COST-SAVINGS INITIATIVES. 857306 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 35 0 1 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X RASHIDA KIRTON 4046369533 2970 CLAIRMONT ROAD SUITE 1030 ATLANTA GA 30329 DANNY ANDERSON DIRECTOR 0.25 X 0 0 0 DANIEL COLMAN CHAIR 0.50 X X 0 0 0 WILLIAM DUDLEY SECRETARY 0.50 X X 0 0 0 CAROL E QUILLEN DIRECTOR 0.25 X 0 0 0 ELIZABETH DAVIS DIRECTOR 0.25 X 0 0 0 W ELLIS ARNOLD DIRECTOR 0.25 X 0 0 0 ROBERT W PEARIGEN DIRECTOR 0.25 X 0 0 0 DAVID A THOMAS DIRECTOR 0.25 X 0 0 0 NANCY BERNER DIRECTOR 0.25 X 0 0 0 GRANT H CORNWELL DIRECTOR 0.25 X 0 0 0 KEVIN F HALLOCK DIRECTOR 0.25 X 0 0 0 CARROLL STEVENS DIRECTOR 0.25 X 0 0 0 LAURA E SKANDERA TROMBLEY DIRECTOR 0.25 X 0 0 0 MARY SCHMIDT CAMPBELL DIRECTOR 0.25 X 0 0 0 CHRISTOPHER HOLOMAN TREASURER 0.50 X X 0 0 0 MILTON C MORELAND DIRECTOR 0.25 X 0 0 0 STEPHANIE FABRITIUS PRESIDENT 40.00 X 224400 0 29115 WOFFORD OLIVER DOUGLAS CHIEF FINANCIAL OFFICER 40.00 X 127500 0 19780 351900 0 48895 2 0 1 0 0 576000 1500000 2076000 REGISTRATION FEES 519100 154721 154721 ORGANIZATIONAL PROGRAM INCOME 519100 56401 56401 211122 80227 80227 2178356 2076502 101854 101854 101854 2469203 211122 0 182081 192074 192074 225849 225849 345671 215750 108461 21460 3802 2373 1193 236 99149 61884 31110 6155 26974 26974 43087 43087 1107 691 69 347 21038 13131 1306 6601 60617 37834 3763 19020 13077 8162 812 4103 49455 49455 7056 4404 438 2214 5125 3198 319 1608 DUES AND SUBSCRIPTIONS 35230 32931 2299 AFFILIATE FEES 22991 22991 OTHER EXPENSES 9298 5802 577 2919 TELEPHONE 3554 2218 221 1115 3538 1550 1988 1168692 857306 245608 65778 374870 1914043 750000 17050 25680 6658 3523 36702 24378 16240 12324 4574783 3025037 4989601 5730607 56192 37587 85416 171105 141608 208692 X 806228 738273 4041765 4783642 4847993 5521915 4989601 5730607 1300511 -626589 0 X 0 1 X 0 0 X X X 16 BIRMINGHAM-SOUTHERN COLLEGE 630288811 2 1 19008 0 CENTENARY COLLEGE OF LOUISIANA 720408915 2 1 0 0 CENTRE COLLEGE 610444671 2 1 48437 0 DAVIDSON COLLEGE 560529961 2 1 0 0 FURMAN UNIVERSITY 570314395 2 1 72400 0 HENDRIX COLLEGE 710236897 2 1 524 0 MILLSAPS COLLEGE 640303084 2 1 0 0 MOREHOUSE COLLEGE 580566205 2 1 0 0 RHODES COLLEGE 620476301 2 1 0 0 ROLLINS COLLEGE 590624440 2 1 0 0 UNIVERSITY OF THE SOUTH 620475697 2 1 32720 0 SOUTHWESTERN UNIVERSITY 741233796 2 1 0 0 SPELMAN COLLEGE 580566243 2 1 3625 0 TRINITY UNIVERSITY 741109633 2 1 0 0 UNIVERSITY OF RICHMOND 540505965 2 1 0 0 WASHINGTON AND LEE UNIVERSITY 540505977 2 1 15360 0 16 192074 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3406121 -365763 -150000 2890358 3046947 513622 -154448 3406121 3128848 71827 -153728 3046947 3093237 109751 -74140 3128848 3031488 61749 3093237 0.13510 0.86490 0 0 5412 5412 0 31290 18966 12324 12324 DUE TO FISCAL AGENTS 163175 DEFERRED LEASE LIABILITY 4808 DUE TO MEMBER ORGANIZATIONS 3122 171105 X 1842614 -626589 -626589 2469203 0 2469203 1168692 0 1168692 0 1168692 PART X, LINE 2: UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THE ASSOCIATION IS EXEMPT FROM TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. FOR THE YEARS ENDED JUNE 30, 2022 AND 2021, THE ASSOCIATION DID NOT HAVE ANY UNRELATED BUSINESS INCOME. THE ASSOCIATION UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF JUNE 30, 2022 AND 2021, THE ASSOCIATION HAS NO UNCERTAIN TAX PROVISIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. 0 WASHINGTON AND LEE UNIVERSITY 204 W WASHIGTON ST LEXINGTON VA 24450 540505977 501C3 15360 0 EDUCATION UNIVERSITY OF THE SOUTH 735 UNIVERSITY AVENUE SEWANEE TN 37375 640475697 501C3 32720 0 EDUCATION CENTRE COLLEGE 600 W WALNUT STREET DANVILLE KY 40422 610444671 501C3 48437 0 EDUCATION FURMAN UNIVERSITY 3300 POINSETT HWY GREENVILLE SC 29613 570314395 501C3 72400 0 EDUCATION BIRMINGHAM SOUTHERN COLLEGE 900 ARKADELPHIA RD BIRMINGHAM AL 35254 630288811 501C3 19008 0 EDUCATION 5 SCHOLARSHIPS AND FELLOWSHIPS 142 225849 X 1 1 X X X 0 0 0 0 0 0 0 0 0 STEPHANIE FABRITIUS PRESIDENT 224400 0 0 0 0 0 20196 0 8919 0 253515 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B DRAFT OF THE FORM 990 IS REVIEWED BY THE EXECUTIVE COMMITTEE, APPROVED AND THEN FINALIZED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH CONFLICT OF INTEREST POLICY THROUGH ANNUAL REVIEWS AND AN OPEN DOOR POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEWS THE SALARIES OF ALL EMPLOYEES ON AN ANNUAL BASIS. THEY REVIEW COMPARATIVE DATA AND ASSESS PERFORMANCE. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST ADDITIONAL INFORMATION THE ASSOCIATION REPORTED 0 EMPLOYEES IN PART V WHILE REPORTING SALARIES EXPENSE IN PART IX. THIS IS CORRECTLY REPORTED BECAUSE EMORY UNIVERSITY PROCESSES PAYROLL AND FRINGE BENEFITS FOR THE ASSOCIATION. EMORY UNIVERSITY IS NOT A MEMBER COLLEGE, AND THEREFORE, NOT CONSIDERED A RELATED ORGANIZATION. THE PAYROLL AMOUNTS ARE REIMBURSED TO EMORY.