2023-05-09T12:50:25-05:00 2022-06-30 440160260 FORVIS LLP 500 RIDGEFIELD COURT ASHEVILLE NC 28806 990 2021-07-01 560532144 GREENSBORO COLLEGE GREE 3362727102 815 W MARKET ST GREENSBORO NC 27401 CHRIS ELMORE VP OF FINANCE 3362727102 2023-05-09 1 CHRIS ELMORE 999009999 AMY BIBBY P00445891 8282542254 2023-05-09 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z LAWRENCE CZARDA 815 W MARKET ST GREENSBORO NC 27401 26830649 0 X WWW.GREENSBORO.EDU X 1938 NC AN ACADEMIC AND SOCIAL COMMUNITY THAT UNITES THE LIBERAL ARTS AND JUDEO-CHRISTIAN VALUES 27 27 365 90 10800 8580 6404719 7731461 16143643 15186920 1599405 3093212 366649 817733 24514416 26829326 4458469 3677093 0 0 9194648 9241911 0 0 560549 8867165 11138010 22520282 24057014 1994134 2772312 58271296 51991502 19770411 17550472 38500885 34441030 X GREENSBORO COLLEGE PROVIDES A LIBERAL ARTS EDUCATION GROUNDED IN THE TRADITIONS OF THE UNITED METHODIST CHURCH AND FOSTERS THE INTELLECTUAL, SOCIAL, AND, SPIRITUAL DEVELOPMENT OF ALL STUDENTS WHILE SUPPORTING THEIR INDIVIDUAL NEEDS. 0 0 18260947 3677093 15186920 THE TEACHER EDUCATION PROGRAM IS ACCREDITED BY THE NORTH CAROLINA STATE BOARD OF EDUCATION AND THE NATIONAL COUNCIL FOR ACCREDITATION OF TEACHER EDUCATION (NCATE).THE MUSIC PROGRAM IS ACCREDITED BY THE NATIONAL ASSOCIATION OF SCHOOLS OF MUSIC.THE ATHLETIC TRAINING PROGRAM IS ACCREDITED BY THE COMMISSION ON ACCREDITATION OF ATHLETIC TRAINING EDUCATION.THE BUSINESS PROGRAM IS ACCREDITED BY THE ASSOCIATION OF COLLEGIATE BUSINESS SCHOOLS AND PROGRAMS.ENROLLMENT, FALL 2021TOTAL STUDENTS: 875ON-CAMPUS RESIDENTS: 33% MALE/FEMALE RATIO: 49%/51%ETHNIC MINORITIES: 54% TOP STATES:-NC - 79% -VA - 4% -FL - 3% -GA - 3%-SC - 3%GREENSBORO COLLEGE STUDENTS COME FROM 28 STATES AND 20 FOREIGN COUNTRIES. ACADEMICS-45 UNDERGRADUATE MAJORS-MASTER OF ARTS DEGREE IN TEACHING ENGLISH TO SPEAKERS OF OTHER LANGUAGES, AND THE MASTER OF EDUCATION DEGREE IN BIRTH-KINDERGARTEN EDUCATION, ELEMENTARY EDUCATION, SPECIAL EDUCATION-GENERAL CURRICULUM AND SPECIAL EDUCATION-ADAPTED CURRICULM.-SPECIAL PROGRAMS: ALLIED HEALTH, ATHLETIC TRAINING EDUCATION, CRIMINAL JUSTICE, ETHICS ACROSS THE CURRICULUM, EXECUTIVE BACHELOR'S DEGREE, HONORS PROGRAM, INTERNATIONAL STUDIES, STUDY ABROAD, TEACHER EDUCATION, WOMEN'S AND GENDER STUDIES, WRITING ACROSS THE CURRICULUM-FULL-TIME FACULTY: 43-STUDENT/FACULTY RATIO: 10:1-AVERAGE CLASS SIZE: 10CAMPUS LIFECLUBS AND ORGANIZATIONS: MORE THAN 30RELIGIOUS LIFE: THE RELIGIOUS LIFE OFFICE IS DEDICATED TO SERVING THE GREENSBORO COLLEGE COMMUNITY'S FAITH AND SPIRITUAL NEEDS. RELIGIOUS LIFE AT GREENSBORO COLLEGE IS ACTIVE ON MANY LEVELS AND IN MANY FORMS INCLUDING THE FOLLOWING:-INTERPERSONAL CONTACTS -COMMUNITY WORSHIP -STUDENT ORGANIZATIONS -YOUTH OUTREACH -PROFESSIONAL AND VOLUNTEER OFF-CAMPUS CONNECTIONSATHLETICS18 INTERCOLLEGIATE MEN'S AND WOMEN'S SPORTS IN NCAA DIVISION III; USA SOUTH CONFERENCEA STRATEGIC PLAN HAS BEEN ADOPTED FOR GREENSBORO COLLEGE. GC2020: "A CLEAR VISION WITH A SHARP FOCUS". VISIT OUR WEBSITE AT WWW.GREENSBORO.EDU TO SEE HOW THIS FIVE YEAR PLAN CAPTURES THE ESSENCE OF HOW WE CONTINUE TO UPHOLD THE TRADITIONS OF OUR UNITED METHODIST AFFILIATION, REMAIN TRUE TO A LIBERAL ARTS EDUCATION AND APPEAL TO INDIVIDUAL LEARNING STYLES THROUGH THE INCORPORATION OF UNIVERSAL DESIGN FOR LEARNING. 18260947 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 90 0 1 365 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NC X TRACEY FISHER 3362727102 815 WEST MARKET STREET GREENSBORO NC 27401 MARTHA FOSTER BRADBERRY CHAIR JAN 2022. SERVED AS SECOND VICE CHAIR JAN-DE 1.00 X X 0 0 0 THOMAS CLAWSON FIRST VICE CHAIR JAN 2021 1.00 1.00 X X 0 0 0 KENNETH C MAYER JR SECOND VICE CHAIR JAN 2022. SERVED AS SECRETARY JA 1.00 X X 0 0 0 KEVIN GREEN CHAIR THROUIGH 12/31/2021. SECRETARY JAN 2022 1.00 X X 0 0 0 KAREN RIEGEL ANZOLA TRUSTEE 1.00 X 0 0 0 NICKOLAY BOCHILO TRUSTEE 1.00 X 0 0 0 BRITTANY S CARROLL TRUSTEE 1.00 X 0 0 0 KEN CARTER EX-OFFICIO MEMBER NON VOTING. APPOINTED 9/1/2021 1.00 X 0 0 0 FREDERICK A DAVIE JR TRUSTEE 1.00 X 0 0 0 C BRENT DEVORE EMERITI 1.00 X 0 0 0 LEONARD FAIRLEY EX-OFFICIO MEMBER NON VOTING. APPOINTED 9/1/2021 1.00 X 0 0 0 ELIZABETH FONOROW TRUSTEE 1.00 X 0 0 0 GREGORY E GONZALES TRUSTEE 1.00 X 0 0 0 GAIL B HUGGINS TRUSTEE 1.00 X 0 0 0 FREDERICK FRED T JONES JR LIFE TRUSTEE EMERITI NON-VOTING MEMBER 1.00 X 0 0 0 CANDACE LAMBETH KIME EMERITI 1.00 X 0 0 0 LYNN LANE EMERITI 1.00 1.00 X 0 0 0 PAUL LEELAND EX-OFFICIO MEMBER NON VOTING RETIRED 9/1/2021 1.00 X 0 0 0 SHANI PORTER LESTER EX-OFFICIO MEMBER 1.00 X 0 0 0 WILSON LESTER TRUSTEE JOINED BOARD JAN2022 1.00 X 0 0 0 DANIEL MARTIN TRUSTEE 1.00 X 0 0 0 RUSSELL R MYERS TRUSTEE 1.00 X 0 0 0 JOSHUA M NOBLITT TRUSTEE 1.00 X 0 0 0 LORRAINE ORR TRUSTEE JOINED BOARD JAN2022 1.00 X 0 0 0 GALINA PETROVO TRUSTEE JOINED BOARD JAN2022 1.00 X 0 0 0 ASHLEY ROSEBORO TRUSTEE 1.00 X 0 0 0 SHANNON SCALES TRUSTEE 1.00 X 0 0 0 LYNETTE N TANNIS TRUSTEE 1.00 X 0 0 0 JOHN TRICOLI III TRUSTEE 1.00 X 0 0 0 LISA WALL TRUSTEE TERM ENDED 12/1/2021 1.00 X 0 0 0 HOPE MORGAN WARD EX-OFFICIO MEMBER- NON VOTING RETIRED 9/1/2021 1.00 X 0 0 0 BETTY JANE FARRELL WILLIAMS EMERITI 1.00 X 0 0 0 LAWRENCE CZARDA PRESIDENT 40.00 X 228981 0 7460 CHRISTOPHER ELMORE VP CHIEF FINANCIAL OFFICER 40.00 1.00 X 127945 0 6824 ANNE HURD VP CHIEF ADVANCEMENT OFFIC 40.00 1.00 X 126527 0 13989 DANIEL MALOTKY VP FOR ACADEMIC AFFAIRS TE 40.00 X 100066 0 6824 583519 0 35097 4 0 1 0 SSC SERVICE SOLUTIONS PO BOX 417632 BOSTON MA 02241 FACILITIES & MAINTENANCE 1790346 CHARTWELLS PO BOX 417632 BOSTON MA 02241 FOOD SERVICE 1085656 EAB PO BOX 603519 CHARLOTTE NC 28260 CONSULTANTS 376629 THOMPSON ROOFING SERVICES 4917 BEESON FARM RD SOPHIA NC 27350 ROOFING 119503 4 51957 6076459 1603045 7731461 TUITION AND FEES 611600 11974239 11974239 AUXILIARY ENTERPRISES 611710 3212681 3212681 15186920 396548 396548 11601 0 11601 11601 11601 2696664 0 2696664 2696664 2696664 0 51957 1323 -1323 -1323 OTHER INCOME 611710 807455 10800 796655 807455 26829326 15186920 10800 3900145 3677093 3677093 577517 317634 161705 98178 7212351 5553510 1370347 288494 892875 687514 169646 35715 559168 430559 106242 22367 1129622 169443 960179 31213 31213 71443 11431 60012 648167 160224 383845 104098 660458 396275 264183 2909983 1879739 1030244 97473 24368 61408 11697 511043 511043 875665 875665 351660 228579 123081 UNRELATED BUSINESS INCO 2370 2370 STUDENT SERVICE 1807498 1807498 FOOD EXPENSE 1100071 1100071 ATHLETIC PROGRAMS 789838 789838 151506 151506 24057014 18260947 5235518 560549 5009651 3687384 22334 8339 1551798 1642079 885974 664901 42291 42192 200703 261330 45607901 22329673 23337388 23278228 26448404 21602724 772753 804325 58271296 51991502 1260623 1346199 6120 8610 16591945 14659283 1911723 1536380 19770411 17550472 X 8477838 8840193 30023047 25600837 38500885 34441030 58271296 51991502 X 2772312 -6827606 -4561 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 29611642 288180 -3771797 1084039 25043986 23638519 557716 6229906 814499 29611642 24067290 202689 346311 977771 23638519 22547538 1204386 1077600 762234 24067290 21878494 378264 1024745 733965 22547538 0.00460 0.88070 0.11470 0 0 2333832 2333832 225318 6647226 5430921 1441623 24691190 8927358 15763832 8702681 6121117 2581564 3007654 1850277 1157377 23278228 CONTRACTUAL FINANCIAL COMMITMENTS 810000 DEPOSITS HELD IN CUSTODY FOR OTHERS 3453 FEDERAL GOVERNMENT ADVANCES 722927 1536380 X PART V, LINE 4: THE INCOME FROM THE COLLEGE'S ENDOWMENT INVESTMENTS IN PERPETUITY IS AVAILABLE FOR INSTRUCTION, SCHOLARSHIPS, AND OPERATIONS. PART X, LINE 2: INCOME TAXES- THE COLLEGE IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). ACCORDINGLY, THE ACCOMPANYING COMBINED FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. THE COLLEGE HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF JUNE 30, 2022. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 GREENSBORO COLLEGE PUBLISHES ITS RACIALLY NON-DISCRIMINATORY POLICY IN ITS CATALOGUES, BROCHURES, ADMISSIONS APPLICATION, AND VARIOUS OTHER PRINT MEDIA. SCHEDULE E, PART I, LINE 6 GREENSBORO COLLEGE RECEIVES FEDERAL GRANTS FROM THE U.S. DEPARTMENT OF EDUCATION. GRANTS RECEIVED ARE THE FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT, FEDERAL WORK STUDY GRANT, AND FEDERAL PELL GRANT. GIVE4GC 51957 51957 1323 51957 51957 1323 1323 -1323 1 STUDENT SCHOLARSHIP AND GRANTS 648 3677093 PART I, LINE 2: THE ORGANIZATION HAS SET PROCEDURES IN MONITORING AND DETERMINING THE USE OF GRANT FUNDS. ELIGIBLE STUDENTS ARE CHOSEN AS GRANT RECIPIENTS BASED ON CRITERIA SUCH AS ACADEMIC ACHIEVEMENT AND FINANCIAL NEED. X X X 1 1 X X 0 0 0 0 0 0 0 0 0 LAWRENCE CZARDA PRESIDENT 198668 0 30313 0 0 0 0 0 7460 0 236441 0 3500 0 PART I, LINE 1A HOUSING IS PROVIDED TO THE PRESIDENT AND THE COLLEGE PAYS THE MONTHLY MORTGAGE PAYMENTS AND ANY REPAIRS AND MAINTENANCE FOR THE HOME. MONTHLY MEMBERSHIP TO THE GREENSBORO COUNTRY CLUB IS PROVIDED TO THE PRESIDENT. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE CHAIR OF THE BOARD, VICE CHAIR, SECOND VICE CHAIR, SECRETARY, AND THE CHAIR OF EACH STANDING COMMITTEE. IN ADDITION, UP TO THREE (3) MEMBERS OF THE BOARD MAY BE APPOINTED TO THE EXECUTIVE COMMITTEE BY THE CHAIR OF THE BOARD WITH THE APPROVAL OF THE BOARD OF TRUSTEES. THE PRESIDENT OF THE COLLEGE SHALL BE AN EX OFFICIO MEMBER OF THE EXECUTIVE COMMITTEE. THE CHAIR OF THE BOARD OF TRUSTEES SHALL BE CHAIR OF THE EXECUTIVE COMMITTEE. BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, THE EXECUTIVE COMMITTEE SHALL HAVE GENERAL SUPERVISION OF THE ADMINISTRATION AND PROPERTY OF THE COLLEGE; PROVIDED, HOWEVER, THAT UNLESS SPECIFICALLY EMPOWERED BY THE BOARD OF TRUSTEES TO DO SO, IT MAY NOT TAKE ANY ACTION INCONSISTENT WITH THE PRIOR ACT OF THE BOARD OF TRUSTEES, AWARD DEGREES, ALTER BYLAWS, REMOVE OR APPOINT THE PRESIDENT OF THE COLLEGE, OR TAKE ANY ACTION WHICH HAS BEEN RESERVED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE VP OF FINANCE PERFORMED AN INITIAL REVIEW OF THE COMPLETED 990. THE 990 WAS THEN PROVIDED TO ALL BOARD MEMBERS ELECTRONICALLY PRIOR TO FILING. THE RETURN WAS DISCUSSED AT A SUBSEQUENT BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO ANNUALLY FILL OUT A QUESTIONNAIRE DISCLOSING ANY POTENTIAL RELATIONSHIP CONFLICTS. IT IS THE RESPONSIBILITY OF THE BOARD MEMBER TO DISCLOSE ANY POTENTIAL ISSUES THAT MAY CAUSE CONFLICT WHEN VOTING AT BOARD MEETINGS. CURRENTLY, EMPLOYEES INCLUDING OFFICERS ARE NOT REQUIRED TO COMPLETE A CONFLICT OF INTEREST AGREEMENT. FORM 990, PART VI, SECTION B, LINE 15 BOARD MEMBERS (OR A COMMITTEE APPROVED BY THE BOARD), THE PRESIDENT OF THE COLLEGE, THE VICE PRESIDENT OF FINANCE AND THE DIRECTOR OF HUMAN RESOURCES ARE ALL INVOLVED IN MAKING COMPENSATION DECISIONS. THE COLLEGE USES THE 990'S OF OTHER SIMILAR COLLEGES AND A COMPENSATION SURVEY OF ALL NORTH CAROLINA COLLEGES AND UNIVERSITIES AS A BENCHMARK FOR DETERMINING REASONABLE COMPENSATION. FINAL DECISIONS ARE SUBJECT TO THE APPROVAL OF AN INDEPENDENT COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 18 RECENT FILINGS OF THE FORM 990 ARE AVAILABLE ONLINE AT WWW.GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC BY REQUEST. THE FINANCIAL STATEMENTS ARE ALSO ON RESERVE IN THE COLLEGE LIBRARY. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -4,561. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. GREENSBORO COLLEGE PROPERTY FOUNDATION LLC 815 W MARKET STREET GREENSBORO NC 27401 PROPERTY HOLDING COMPANY NC 225318 GREENSBORO COLLEGE INC GREENSBORO COLLEGE FOUNDATION 815 W MARKET STREET GREENSBORO NC 27401 562077641 TO SUPPORT THE EXEMPT PURPOSE OF GREENSBORO COLLEGE NC 501(C)(3) 13 TYPE I GREENSBORO COLLEGE 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1