PFEIFFER UNIVERSITY: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- PFEIFFER UNIVERSITY (EIN 56-0529990)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2023-03-20
- IRS object ID
- 202340799349300464
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-03-20T09:45:23-05:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 570381582 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ELLIOTT DAVIS LLCPLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 EAST MOREHEAD STREET SUITE 700 | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 560529990 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PFEIFFER UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PFEI | BusinessNameControlTxt |
| Phone | 7044631360 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 960 | AddressLine1Txt |
| City | MISENHEIMER | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28109 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DR SCOTT W BULLARD | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7044631360 | PhoneNum |
| Signature | 2023-03-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DR | PersonFirstNm |
| Person Last | SCOTT W BULLARD | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JANICE A RATICA | PreparerPersonNm |
| PTIN | P00358837 | PTIN |
| Phone | 7043338881 | PhoneNum |
| Preparation | 2023-03-17 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DR SCOTT W BULLARD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 960 | AddressLine1Txt |
| City | MISENHEIMER | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28109 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $47,678,172 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.PFEIFFER.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1938 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | PFEIFFER UNIVERSITY IS A COMPREHENSIVE UNITED METHODIST-RELATED UNIVERSITY, WITH MULTIPLE CAMPUSES AND DELIVERY SYSTEMS, COMMITTED TO EDUCATIONAL EXCELLENCE, SERVICE, AND SCHOLARSHIP. WITHIN NURTURING COMMUNITIES OF LEARNERS, WE VALUE DIVERSITY AND PROMOTE THE ATTAINMENT OF FULL ACADEMIC AND PERSONAL POTENTIAL THROUGH ACCESSIBLE UNDERGRADUATE AND GRADUATE PROGRAMS. IT IS THE VISION OF THE UNIVERSITY THAT OUR STUDENTS EMBRACE THE CHRISTIAN VALUES OF HUMAN DIGNITY, INTEGRITY, AND SERVICE AND BECOME SERVANT LEADERS AND LIFELONG LEARNERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 25 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 25 | VotingMembersIndependentCnt |
| Total Employee | 327 | TotalEmployeeCnt |
| Total Volunteers | 110 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $7,348,570 | PYContributionsGrantsAmt |
| CY Contributions Grants | $9,705,306 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $38,049,837 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $36,233,175 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,737,181 | PYInvestmentIncomeAmt |
| CY Investment Income | -$1,126,454 | CYInvestmentIncomeAmt |
| PY Other Revenue | $309,038 | PYOtherRevenueAmt |
| CY Other Revenue | $323,683 | CYOtherRevenueAmt |
| PY Total Revenue | $47,444,626 | PYTotalRevenueAmt |
| CY Total Revenue | $45,135,710 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $13,824,154 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $13,536,029 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $14,074,972 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $14,323,116 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $589,850 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $16,373,501 | PYOtherExpensesAmt |
| CY Other Expenses | $16,306,408 | CYOtherExpensesAmt |
| PY Total Expenses | $44,272,627 | PYTotalExpensesAmt |
| CY Total Expenses | $44,165,553 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,171,999 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $970,157 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $68,125,278 | TotalAssetsBOYAmt |
| Total Assets EOY | $68,452,369 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $42,521,959 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $41,837,323 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $25,603,319 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $26,615,046 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | PFEIFFER IS A GLOBALLY ENGAGED, REGIONAL UNIVERSITY DISTINCTIVE FOR ITS TRANSFORMATIONAL UNDERGRADUATE EXPERIENCES AND ITS LEADERSHIP IN PROFESSIONAL AND GRADUATE PROGRAMS THAT FILL DEMONSTRATED NEEDS. VESTED IN ITS HISTORY AS A UNITED METHODIST-RELATED UNIVERSITY, AND PROPELLED FORWARD BY AN INNOVATIVE FACULTY, PFEIFFER PREPARES ITS STUDENTS FOR A LIFETIME OF ACHIEVEMENT, SCHOLARSHIP, SPIRITUALITY, AND SERVICE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $35,290,234 | ExpenseAmt |
| Grant | $13,536,029 | GrantAmt |
| Revenue | $36,239,414 | RevenueAmt |
| Desc | IN THE 2021-2022 ACADEMIC YEAR, THE FRANCIS CENTER FOR SERVANT LEADERSHIP AND FAITH FORMATION PARTICIPATED IN A TOTAL OF 1478 HOURS OF SERVICE. IN ADDITION, OTHER UNIVERSITY AREAS PARTICIPATED IN 1112 HOURS OF SERVICE. THEREFORE, THE TOTAL NUMBER OF HOURS EQUALS A TOTAL OF 2590 HOURS.HIGHLIGHTS FOR THE YEAR INCLUDE:STUDENTS WORKED ON WEEKLY SERVICE PROJECTS WITH HABITAT FOR HUMANITY. THIRTY STUDENTS PARTICIPATED IN THESE SMALL GROUP EVENTS OVER THE FALL AND SPRING. FRANCIS SCHOLARS AND OTHER STUDENTS WORKED WITH LOCAL CHURCHES TO PROVIDE FOOD FOR RICHFIELD ELEMENTARY SCHOOL STUDENTS THROUGH THE PROGRAM BACKPACK BUDDIES. PFEIFFER PROVIDES ON-CAMPUS BACKPACK BUDDY PROJECT FOR THE CAMPUS POPULATION TWO TIMES EACH SEMESTER. THE FRANCIS CENTER HAD 62 PARTICIPANTS IN BACKPACK BUDDIES IN THE FALL AND SPRING. STUDENT PARTICIPATED IN BI-WEEKLY SERVICE PROJECTS WITH STANLY COUNTY CHRISTIAN MINISTRIES IN ALBEMARLE. THIS YEAR THEY SPECIFICALLY WORKED WITH MAKING SENIOR MEALS. TWELVE STUDENTS PARTICIPATED IN THIS MINISTRY DURING THE FALL AND SPRING.THE FRANCIS CENTER ALSO WORKED WITH LOCAL CHURCHES TO PROVIDE A GOOD NEIGHBOR PANTRY IN PFEIFFER'S CHAPEL TO HELP FOOD-INSECURE STUDENTS GET WHAT THEY NEED WITHOUT JUDGMENT. FIVE CHURCHES PARTICIPATED IN THE SERVICE OPPORTUNITY TO HELP STUDENTS. THE FRANCIS CENTER ALSO HOSTED ON-CAMPUS PROJECT LINUS, AN OPPORTUNITY WHERE STUDENTS MADE BLANKETS FOR HOSPITALIZED CHILDREN TWO TIMES DURING THE SEMESTER WITH 54 PARTICIPANTS. IN ADDITION, STUDENTS WROTE LETTERS TO VETERANS AND THOSE IN THE NURSING HOME MULTIPLE TIMES EACH SEMESTER WITH 68 PARTICIPANTS. STUDENTS COLLABORATED WITH HELPING HAND MINISTRY ANNUALLY TO PROVIDE AN ANGEL TREE FOR RESIDENTS IN STANLY COUNTY. STUDENTS AIDED 20 FAMILIES IN THIS SERVICE PROJECT. OTHER AREAS OF CAMPUS ALSO PROVIDE SERVICE. FOR INSTANCE, ALL THE FIRST-YEAR SEMINARS DO A SERVICE PROJECT IN THE FALL SEMESTER. LAST YEAR, SERVICE PROJECTS INCLUDED WORKING WITH ANGEL TREE, THE HUMANE SOCIETY, AND CAMPUS CLEAN-UPS. | Desc |
| Total Program Service Expenses | $35,290,234 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 195 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 327 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 25 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 25 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROBIN S LESLIE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7044631360 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 48380 US HWY 52 | AddressLine1Txt |
| City | MISENHEIMER | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28109 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (31 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| REV JULIANNE BRITTAIN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MRS JANE S CRISCO | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MRS ANNE DANIEL | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR ROGER L DICK | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MS DEBORAH L FRECH | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| REV JOY T MELTON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR BENNY MERRELL | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR DAVID B MILLER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR MATTHEW P MOELLER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR T RANN PAYNTER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR RUSSELL C RING | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR MARSHALL C ROGERS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR ALBERT L ROSE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR JOSEPH R SCHORTZ CPA NJ | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR ARCH Y STOKES | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MRS NATASHA SUBER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MRS BONNIE N SUTHER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| THE REV DR TERRY V SWICEGOOD | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR RICK THAMES | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| REV DR LAURA H AUTEN | |||||||
| EX-OFFICIO | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR DAVID L BELL | |||||||
| EX-OFFICIO | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR GRADY L GASTON | |||||||
| EX-OFFICIO | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BISHOP KENNETH H CARTER JR | |||||||
| EX-OFFICIO | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MS NANCY REIGEL | |||||||
| EX-OFFICIO | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DR TED ROYSTON | |||||||
| EX-OFFICIO, NON-VOTING | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MS JOANIE STROHM | |||||||
| EX-OFFICIO | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DR SCOTT BULLARD | |||||||
| PRESIDENT | 40.00 | $236,278 | $0 | $11,347 | Yes (X) | ||
| ROBIN LESLIE | |||||||
| SENIOR VP OF FINANCE AND CFO | 40.00 | $141,774 | $0 | $6,276 | Yes (X) | ||
| EMILY CARELLA | |||||||
| VP FOR ENROLLMMENT MANAGEMENT | 40.00 | $107,639 | $0 | $9,041 | Yes (X) | ||
| ELIZABETH FAIN | |||||||
| OT PROGRAM DIRECTOR | 40.00 | $126,344 | $0 | $6,276 | Yes (X) | ||
| CHRISTOPHER BOE | |||||||
| PROF OF ELEMENTARY EDUC & DEAN OF GRADUATE SCHOOL | 40.00 | $118,421 | $0 | $6,179 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $730,456 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $39,119 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SODEXO FOOD SERVICE INC | |||||
| PO BOX 960 | MISENHEIMER | NC | 28109 | FOOD SERVICES | $1,914,498 |
| SODEXO INC & AFFILIATES | |||||
| PO BOX 536922 | ATLANTA | GA | 303536922 | MAINTENANCE SERVICES | $1,251,041 |
| JENZABAR | |||||
| 101 HUNTINGTON AVE SUITE 2205 | BOSTON | MA | 02199 | SOFTWARE/IT | $499,529 |
| GALLAHER MGMT GROUP | |||||
| 270 LIVE OAK DR | NEWPORT | NC | 28570 | CONSTRUCTION | $281,457 |
| DIGITAL TULIP | |||||
| 2328 ABBYWOOD RD | LEXINGTON | KY | 40515 | ADVERTISING | $281,010 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 13 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $8,800 | FundraisingAmt |
| Government Grants | $2,896,175 | GovernmentGrantsAmt |
| All Other Contributions | $6,800,331 | AllOtherContributionsAmt |
| Noncash Contributions | $2,407,063 | NoncashContributionsAmt |
| Total Contributions | $9,705,306 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION | 611310 | $28,587,964 | $28,587,964 |
| DORMITORY FEES | 611310 | $2,833,726 | $2,833,726 |
| OTHER PROGRAM SERVICES | 611310 | $2,470,116 | $2,470,116 |
| FOOD SERVICES | 611310 | $2,341,369 | $2,341,369 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $36,233,175 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $161,371 | TotalRevenueColumnAmt |
| Exclusion | $161,371 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $304,255 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $304,255 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $304,255 | TotalRevenueColumnAmt |
| Exclusion | $304,255 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,101,155 | SecuritiesAmt |
| Other | $134,816 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,365,952 | SecuritiesAmt |
| Other | $157,844 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$1,264,797 | SecuritiesAmt |
| Other | -$23,028 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,287,825 | TotalRevenueColumnAmt |
| Exclusion | -$1,287,825 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $31,855 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $8,800 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $18,666 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,189 | TotalRevenueColumnAmt |
| Exclusion | $13,189 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $4,318 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,318 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,318 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS REVENUE | Desc |
| Business | 611310 | BusinessCd |
| Total Revenue Column | $1,921 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,921 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,921 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $45,135,710 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $36,239,414 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$809,010 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,536,029 | TotalAmt |
| Program Services | $13,536,029 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $512,355 | TotalAmt |
| Program Services | $435,804 | ProgramServicesAmt |
| Management And General | $61,307 | ManagementAndGeneralAmt |
| Fundraising | $15,244 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,584,896 | TotalAmt |
| Program Services | $9,853,998 | ProgramServicesAmt |
| Management And General | $1,386,225 | ManagementAndGeneralAmt |
| Fundraising | $344,673 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,375,141 | TotalAmt |
| Program Services | $1,104,263 | ProgramServicesAmt |
| Management And General | $229,624 | ManagementAndGeneralAmt |
| Fundraising | $41,254 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $850,724 | TotalAmt |
| Program Services | $726,764 | ProgramServicesAmt |
| Management And General | $77,170 | ManagementAndGeneralAmt |
| Fundraising | $46,790 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,546 | TotalAmt |
| Management And General | $53,546 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,427,210 | TotalAmt |
| Program Services | $3,952,992 | ProgramServicesAmt |
| Management And General | $1,379,703 | ManagementAndGeneralAmt |
| Fundraising | $94,515 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $351,394 | TotalAmt |
| Program Services | $4,470 | ProgramServicesAmt |
| Management And General | $337,352 | ManagementAndGeneralAmt |
| Fundraising | $9,572 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $283,083 | TotalAmt |
| Program Services | $176,572 | ProgramServicesAmt |
| Management And General | $97,854 | ManagementAndGeneralAmt |
| Fundraising | $8,657 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,121,887 | TotalAmt |
| Program Services | $950,297 | ProgramServicesAmt |
| Management And General | $169,898 | ManagementAndGeneralAmt |
| Fundraising | $1,692 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,097,592 | TotalAmt |
| Program Services | $1,619,620 | ProgramServicesAmt |
| Management And General | $477,972 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $417,734 | TotalAmt |
| Program Services | $370,810 | ProgramServicesAmt |
| Management And General | $43,628 | ManagementAndGeneralAmt |
| Fundraising | $3,296 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,871 | TotalAmt |
| Program Services | $53,998 | ProgramServicesAmt |
| Management And General | $9,009 | ManagementAndGeneralAmt |
| Fundraising | $1,864 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $789,486 | TotalAmt |
| Program Services | $448,079 | ProgramServicesAmt |
| Management And General | $341,407 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,931,884 | TotalAmt |
| Program Services | $1,654,462 | ProgramServicesAmt |
| Management And General | $1,277,422 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $339,932 | TotalAmt |
| Program Services | $51,143 | ProgramServicesAmt |
| Management And General | $288,789 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| STUDENT BOARD | $1,780,107 | $0 | $1,780,107 | $0 |
| MEMBERSHIPS | $231,412 | $173,844 | $57,392 | $176 |
| SPECIAL EVENTS | $179,867 | $162,939 | $6,779 | $10,149 |
| BAD DEBT EXPENSE | $26,000 | $0 | $26,000 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $210,403 | TotalAmt |
| Program Services | $14,150 | ProgramServicesAmt |
| Management And General | $184,285 | ManagementAndGeneralAmt |
| Fundraising | $11,968 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,165,553 | TotalAmt |
| Program Services | $35,290,234 | ProgramServicesAmt |
| Management And General | $8,285,469 | ManagementAndGeneralAmt |
| Fundraising | $589,850 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,075,172 | BOYAmt |
| EOY | $6,460,125 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,425,495 | BOYAmt |
| EOY | $8,475,153 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,499,032 | BOYAmt |
| EOY | $2,976,886 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $404,045 | BOYAmt |
| EOY | $387,067 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $115,205 | BOYAmt |
| EOY | $174,865 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,745 | BOYAmt |
| EOY | $29,745 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,163 | BOYAmt |
| EOY | $1,079,392 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $76,127,064 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $35,733,192 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,494,180 | BOYAmt |
| EOY | $40,393,872 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,542,387 | BOYAmt |
| EOY | $8,023,967 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,641 | BOYAmt |
| EOY | $28,620 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $448,213 | BOYAmt |
| EOY | $422,677 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,125,278 | BOYAmt |
| EOY | $68,452,369 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,804,398 | BOYAmt |
| EOY | $2,203,840 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,573,395 | BOYAmt |
| EOY | $1,914,450 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,551,727 | BOYAmt |
| EOY | $36,672,094 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,592,439 | BOYAmt |
| EOY | $1,046,939 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,521,959 | BOYAmt |
| EOY | $41,837,323 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,414,398 | BOYAmt |
| EOY | $5,603,400 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,188,921 | BOYAmt |
| EOY | $21,011,646 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,603,319 | BOYAmt |
| EOY | $26,615,046 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,125,278 | BOYAmt |
| EOY | $68,452,369 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $970,157 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $28,986 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $12,584 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $16,324,708 | BeginningYearBalanceAmt |
| Contributions | $665,231 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,138,430 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $15,851,509 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $14,198,030 | BeginningYearBalanceAmt |
| Contributions | $407,810 | ContributionsAmt |
| Investment Earnings Or Losses | $1,718,868 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $16,324,708 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $14,183,026 | BeginningYearBalanceAmt |
| Contributions | $735,638 | ContributionsAmt |
| Investment Earnings Or Losses | $396,137 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,116,771 | OtherExpendituresAmt |
| End Year Balance | $14,198,030 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $15,252,892 | BeginningYearBalanceAmt |
| Contributions | $532,240 | ContributionsAmt |
| Investment Earnings Or Losses | $670,616 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,272,722 | OtherExpendituresAmt |
| End Year Balance | $14,183,026 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $15,798,327 | BeginningYearBalanceAmt |
| Contributions | $1,148,377 | ContributionsAmt |
| Investment Earnings Or Losses | $1,239,188 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,933,000 | OtherExpendituresAmt |
| End Year Balance | $15,252,892 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00517 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.99483 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.00000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,417,937 | OtherCostOrOtherBasisAmt |
| Book Value | $3,417,937 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $56,054,259 | OtherCostOrOtherBasisAmt |
| Depreciation | $25,229,997 | DepreciationAmt |
| Book Value | $30,824,262 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,569,384 | OtherCostOrOtherBasisAmt |
| Depreciation | $10,503,055 | DepreciationAmt |
| Book Value | $6,066,329 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $85,484 | OtherCostOrOtherBasisAmt |
| Depreciation | $140 | DepreciationAmt |
| Book Value | $85,344 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $40,393,872 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| SETTLEMENT LIABILITY | $675,004 |
| ANNUITIES PAYABLE | $9,813 |
| ADVANCES FROM FEDERAL GOVERNMENT | $362,122 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,046,939 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $31,606,370 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $28,986 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $31,249 | OtherRevenueAmt |
| Revenue Not Reported | $60,235 | RevenueNotReportedAmt |
| Revenue Subtotal | $31,546,135 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $53,546 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $13,536,029 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $13,589,575 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $45,135,710 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $30,594,643 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $18,665 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $18,665 | ExpensesNotReportedAmt |
| Expenses Subtotal | $30,575,978 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $53,546 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $13,536,029 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $13,589,575 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $44,165,553 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | FRAMED ORIGINAL PHOTOGRAPH OF DR. MARTIN LUTHER KING, JR. AND DR. VERNON MACK HERRON. THE MARCH FROM SELMA TO MONTGOMERY, AL IN 1965. ALSO, INCLUDED IS A GENEOLOGY COLLECTION OF BOOKS, DOCUMENTS AND MEMORABILIA FROM DR. HERRON. THESE INCLUDE HIS WRITINGS ON THE CIVIL RIGHTS MOVEMENT. |
| PART X, LINE 2: | THE UNIVERSITY IS A TAX-EXEMPT ENTITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE CAMPUS IS A SINGLE MEMBER LIMITED LIABILITY COMPANY AND IS THEREFORE DISREGARDED FOR INCOME TAX PURPOSES. ACCORDINGLY, THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. THE UNIVERSITY HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF JUNE 30, 2022 AND 2021. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSE NETTED AGAINST REVENUE 18,665. CHANGE IN ANNUITY VALUATION 1,096. CHANGE IN CSV 11,488. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS 13,536,029. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSE NETTED AGAINST REVENUE 18,665. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS 13,536,029. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE UNIVERSITY INCLUDES THE RACIALLY NON-DISCRIMINATORY POLICY IN ALL ITS BROCHURES, CATALOGUES AND OTHER WRITTEN COMMUNICATIONS WITH THE PUBLIC THAT RELATE TO STUDENT ADMISSIONS, PROGRAMS, AND SCHOLARSHIPS. |
| SCHEDULE E, PART I, LINE 6 | EXPENDITURES OF FEDERAL AWARDS SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT, FEDERAL DIRECT LOAN PROGRAM, FEDERAL WORK STUDY, PELL GRANT PROGRAM, FEDERAL PERKINS LOAN PROGRAM. EXPENDITURES OF STATE AWARDS NC NEED-BASED SCHOLARSHIP PROGRAM, NC FORGIVEABLE EDUCATION LOANS FOR SERVICE, GOLDEN LEAF SCHOLARS PROGRAM. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GOLF TOURNAMENT | Event1Nm |
| Gross Receipts Event1 | $40,655 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $8,800 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $31,855 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $4,810 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $12,500 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $1,004 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $352 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $40,655 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $8,800 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $31,855 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $4,810 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $12,500 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $1,004 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $352 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $18,666 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $13,189 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 804 | RecipientCnt |
| Cash Grant | $13,536,029 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | SCHOLARSHIPS ARE AWARDED EACH YEAR BASED ON REQUIREMENTS DICTATED BY THE TYPE OF SCHOLARSHIP. ALL SCHOLARSHIPS ARE APPLIED TO EACH STUDENT'S ACCOUNT AND DISBURSED FROM THE FINANCIAL AID OFFICE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DR SCOTT BULLARD | PersonNm |
| Title | PRESIDENT | TitleTxt |
| Base Compensation Filing Org | $236,278 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $11,347 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $247,625 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 11 | ContributionCnt |
| Noncash Contributions Rpt F990 | $273,295 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Real Estate Residential RealEstateResidentialGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2,130,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | TAX RECORD | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | MISCELLANEOUS | 2 | $3,067 | FMV |
| Yes (X) | SPORTS EQUIPMENT | 3 | $700 | COST |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 32B: | FormAndLineReferenceDesc |
| Explanation | PFEIFFER UNIVERSITY CONTRACTS WITH AN ONLINE AUCTION COMPANY FOR ASSISTANCE WITH THE ANNUAL HOMECOMING AUCTION. THE COMPANY PROVIDES A SPECIFIC WEB ADDRESS WHERE CONSTITUENTS CAN BID ONLINE AND PROVIDE MAXIMUM BIDS PRIOR TO THE LIVE AUCTION AT HOMECOMING. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | PFEIFFER UNIVERSITY'S FORM 990 IS SENT TO THE PRESIDENT, CFO, AND ALL BOARD OF TRUSTEE MEMBERS FOR INDIVIDUAL REVIEW BEFORE THE RETURN IS SUBMITTED. THE FINANCE COMMITTEE WILL REVIEW IN DETAIL AT A SCHEDULED MEETING PRIOR TO SUBMISSION. |
| FORM 990, PART VI, SECTION B, LINE 12C | PFEIFFER UNIVERSITY REQUIRES ALL TRUSTEES TO COMPLETE A CONFLICTS OF INTEREST FORM ANNUALLY, WHICH IS REVIEWED BY THE PRESIDENT'S OFFICE. IN THE EVENT OF A POTENTIAL CONFLICT DURING THE YEAR, THE INTERESTED PERSON SHALL RECUSE HIMSELF/HERSELF FROM DISCUSSIONS AND VOTE ON THE MATTER. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES OR FINANCE COMMITTEE ANNUALLY REVIEWS COMPARABLE EXTERNAL DATA AND BENCHMARKS, AS WELL AS PERFORMANCE IN DETERMINING APPROPRIATE COMPENSATION. THE DECISION IS DOCUMENTED IN THE BOARD MINUTES. |
| FORM 990, PART VI, SECTION C, LINE 18 | THE ORGANIZATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). |
| FORM 990, PART IX, LINE 11G | OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 83,407. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 83,407. CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 3,952,992. MANAGEMENT AND GENERAL EXPENSES 1,296,296. FUNDRAISING EXPENSES 94,515. TOTAL EXPENSES 5,343,803. |
| FORM 990, PART XI, LINE 9: | CHANGE IN ANNUITY VALUATION 1,096. CHANGE IN CSV 11,488. |
| FORM 990, PART XII, LINE 2C | THE PROCESS HAS NOT CHANGED FROM THE PRIOR PERIOD. |