2023-05-15T11:14:10-05:00 2022-06-30 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 900 ORLANDO FL 32801 990 2021-07-01 586044761 POINT UNIVERSITY INC POIN 7063851000 507 WEST 10TH STREET WEST POINT GA 31833 DR DEAN C COLLINS PRESIDENT 7063851017 2023-05-12 1 DR DEAN C COLLINS 999009999 AMY CHAPMAN P00843460 4078021200 2023-05-12 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z DR DEAN C COLLINS 507 WEST 10TH STREET WEST POINT GA 31833 33605010 0 X WWW.POINT.EDU X 1928 GA TO EDUCATE STUDENTS FOR CHRIST-CENTERED SERVICE AND LEADERSHIP THROUGHOUT THE WORLD. 16 16 541 16 743532 0 11893101 13418657 19576760 19516961 44720 -1455454 887422 483168 32402003 31963332 6341486 5706260 0 0 12132645 11219114 0 0 833786 12612079 15135203 31086210 32060577 1315793 -97245 44111989 45154752 22194665 23334673 21917324 21820079 TO EDUCATE STUDENTS FOR CHRIST-CENTERED SERVICE AND LEADERSHIP THROUGHOUT THE WORLD. 0 0 27249561 5706260 19248197 POINT UNIVERSITY OFFERS ASSOCIATE DEGREE PROGRAMS, BACHELOR'S DEGREE PROGRAMS, MASTER'S DEGREE PROGRAMS, AND CERTIFICATE PROGRAMS IN THE ACADEMIC AREAS OF BIBLICAL STUDIES AND MINISTRY, BUSINESS AND LEADERSHIP, SOCIAL AND BEHAVIORAL SCIENCES AND HUMAN SERVICES, EDUCATION, HUMANITIES, MUSIC, BIOLOGY, AND EXERCISE AND HEALTH SCIENCES (NOT ALL ACADEMIC AREAS AT ALL LEVELS). OVER 2,000 STUDENTS ARE ENROLLED IN THE RESIDENTIAL PROGRAM AT WEST POINT, THE ONLINE PROGRAM, AND OFF-SITE LOCATIONS (PEACHTREE CITY AND SAVANNAH IN GEORGIA). 27249561 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1293 0 1 541 1 1 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 1 1 1 1 1 1 1 1 0 0 0 GA X SENA LANDEY INTERIM CFO 7063851000 507 WEST 10TH STREET WEST POINT GA 31833 DR DEAN C COLLINS PRESIDENT 40.00 X 186387 0 59767 NADEENA POWER CFO 40.00 X 112153 0 26621 STACY BARTLETT CHIEF OF STAFF 40.00 X 105328 0 20112 STEPHEN T WEAVER FACULTY 40.00 X 118786 0 27329 ANDRE KENNEBREW TRUSTEE/CHAIR 2.00 X X 0 0 0 FAITH SIMPSON TRUSTEE/VICE CHAIR 0.50 X X 0 0 0 TONY COLLINS THRU 0622 TRUSTEE/TREASURER & SECRETARY 0.50 X X 0 0 0 ALAN STITH TRUSTEE 0.50 X 0 0 0 AMORY SCOTT TRUSTEE 0.50 X 0 0 0 BOB DAY TRUSTEE 0.50 X 0 0 0 ROB RAYNOR TRUSTEE 0.50 X 0 0 0 DR JIM SLODERBECK TRUSTEE 0.50 X 0 0 0 J ROSS GREENE TRUSTEE 0.50 X 0 0 0 MARVIN BUSSEY TRUSTEE 1.00 X 0 0 0 CAM HUXFORD TRUSTEE 0.50 X 0 0 0 JEREMY FINE TRUSTEE 1.00 X 0 0 0 DAVID DEETER TRUSTEE 1.00 X 0 0 0 DERRICK SHIELDS TRUSTEE 0.50 X 0 0 0 DAVID MCDANIEL TRUSTEE 1.00 X 0 0 0 ANDREW CATHY TRUSTEE 0.50 X 0 0 0 PAUL LESLIE TRUSTEE 0.50 X 0 0 0 522654 0 133829 8 0 1 0 SAGE DINING SERVICES INC 1402 YORK ROAD LUTHERVILLE MD 21093 CONTRACTED DINING HALL SERVICES 1286446 ANTHOLOGY INC PO BOX 850001 ORLANDO FL 32885 SOFTWARE MAINTENANCE AND SUPPORT. 369804 SPARKLING CLEAN REFLECTIONS INC 15 EAST 19TH STREET LANETT AL 36863 CONTRACTED JANITORIAL/CLEANING SERVICE. 339622 SYNERGY CAMPUS SECURITY SERVICES LLC PO BOX 1224 LAGRANGE GA 30241 CONTRACTED CAMPUS SECURITY SERVICE. 264844 ALPHARESULTS LLC 13740 BELLETERRE DRIVE ALPHARETTA GA 30004 OFFSITE CONSULTING SERVICE FOR ERC. 150000 8 5522013 7896644 2829 13418657 TUITION AND FEES 611710 16230913 16230913 AUXILIARY SERVICES 611710 2790589 2790589 GOLF COURSE SALES 713910 495459 495459 19516961 186224 186224 256473 0 256473 256473 248073 8400 1641678 -1641678 -1641678 -1641678 MISCELLANEOUS REVENUE 900099 226695 226695 226695 31963332 19248197 743532 -1447054 5706260 5706260 408636 408636 8920292 8158862 267778 493652 146942 135713 7319 3910 1033308 921636 85122 26550 709936 624153 48019 37764 182917 48528 109471 24918 22427 309 22118 12619 12619 92488 83595 8893 974612 861087 102716 10809 1538630 1538630 1882688 876670 902716 103302 685285 662880 16634 5771 999833 847126 134612 18095 1390863 1178353 187329 25181 482006 34779 445815 1412 COURSE EXPENSES 4377084 4377084 CONTRACTED SERVICES 1568917 804405 759736 4776 REPAIRS AND MAINTENANCE 348796 204114 144682 BAD DEBT EXPENSE 321882 321882 254156 185377 26 68753 32060577 27249561 3977230 833786 1468614 1750467 6019542 6155631 765386 2177007 618548 837769 0 360000 3340871 3480029 43724069 14125854 31899028 29598215 0 795634 44111989 45154752 2807527 3749104 619593 859916 17289153 18361012 1478392 364641 22194665 23334673 X 16242618 16287078 5674706 5533001 21917324 21820079 44111989 45154752 -97245 0 X 0 1 X 1 1 1 X 15121734 8131000 8117665 11893101 13418657 56682157 15121734 8131000 8117665 11893101 13418657 56682157 16750511 39931646 191431 524627 812306 1006847 442697 2977908 59660065 115413305 0.66930 0.58980 X SCHEDULE A, PART II: THE ORGANIZATION IS A SCHOOL AS DESCRIBED UNDER 170(B)(1)(A)(II) AND IS NOT REQUIRED TO COMPLETE A PUBLIC SUPPORT SCHEDULE. SCHEDULE A, PART II IS COMPLETED TO VERIFY THE SCHOOL CAN QUALIFY UNDER PUBLIC CHARITY STATUS SECTION 170(B)(1)(A)(VI) AND QUALIFIES TO USE THE FIRST LISTED SPECIAL RULE FOR SCHEDULE B REPORTING. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4923245 149800 186224 5259269 4697342 38913 186990 4923245 4547629 31036 118677 4697342 4410532 29566 107531 4547629 4276413 27955 106164 4410532 0.00000 0.79540 0.20460 0 0 7841163 7841163 22565621 5045625 17519996 4833880 1752519 3081361 7378802 6512002 866800 1104603 815708 288895 29598215 CAPITAL LEASE OBLIGATIONS 364641 364641 X PART V, LINE 4: THE FUNDS ARE INVESTED FOR THE PURPOSE OF GRANTING ANNUAL ACADEMIC SCHOLARSHIPS TO STUDENTS OF POINT UNIVERSITY IN PERPETUITY AND IN ACCORDANCE WITH DONOR STIPULATIONS. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE COLLEGE QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE UNIVERSITY IS SUBJECT TO FEDERAL INCOME TAX ONLY ON NET UNRELATED BUSINESS INCOME UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY HAS EVALUATED ITS TAX POSITIONS AND DETERMINED IT HAS NO UNCERTAIN TAX POSITIONS AND HAS NOT RECORDED ANY OBLIGATIONS FOR UNRELATED BUSINESS INCOME TAX. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE COLLEGE ISSUES ITS CATALOG AND VIEWBOOKS FOR PUBLIC INSPECTION, BOTH DISCLOSE THE NONDISCRIMINATORY POLICY. THE SCHOOL DRAWS A SUBSTANTIAL PERCENTAGE OF STUDENTS NATIONWIDE AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES GOVERNMENTAL SUPPORT TO AID STUDENTS NEEDING EDUCATIONAL ASSISTANCE. MONIES ARE AWARDED THROUGH THREE FEDERAL PROGRAMS: PELL GRANT, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT, AND THE FEDERAL WORK STUDY. IN ADDITION THE UNIVERSITY RECEIVES STATE SUPPORT FOR STUDENTS NEEDING EDUCATIONAL ASSISTANCE. 1 OTHER SCHOLARSHIPS AND FINANCIAL AID 2027 3595937 0 N/A N/A HEERF STUDENT GRANTS 1014 2095184 0 N/A N/A PART I, LINE 2: GRANTS ARE PRIMARILY MONITORED IN THE FINANCIAL AID DEPARTMENT THROUGH THE UTILIZATION OF WRITTEN AND ELECTRONIC DOCUMENTATION. STUDENTS RECEIVING GRANTS AND SCHOLARSHIPS ARE DEEMED WORTHY BY THE COLLEGE'S ASSESSMENT ON THE BASIS OF ACHIEVEMENT AND FINANCIAL NEED. X 1 1 X 0 0 0 0 0 0 0 0 0 DR DEAN C COLLINS PRESIDENT 186387 0 0 0 0 0 5841 0 53926 0 246154 0 0 0 PART I, LINE 1A AN ANNUAL, NONTAXABLE, HOUSING ALLOWANCE OF $34,500 IS PROVIDED TO THE PRESIDENT, WHO IS AN ORDAINED MINISTER. FORM 990, PART VI, SECTION A, LINE 1A THE MEMBERSHIP OF THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE ELECTED OFFICERS OF THE BOARD OF TRUSTEES AND THE CHAIRMEN OF THE STANDING COMMITTEES OF THE BOARD OF TRUSTEES CREATED BY THESE BYLAWS. THE CHAIRMAN OF THE BOARD OF TRUSTEES SHALL BE THE CHAIRMAN OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL BE EMPOWERED TO TAKE EMERGENCY ACTION FOR THE BOARD OF TRUSTEES WHEN CIRCUMSTANCES DO NOT PERMIT CALLING A SPECIAL MEETING OF THE ENTIRE BOARD OF TRUSTEES OR WHEN A QUORUM OF THE BOARD OF TRUSTEES CANNOT BE OBTAINED AT A CALLED SPECIAL MEETING. A MAJORITY OF THE MEMBERS OF THE EXECUTIVE COMMITTEE SHALL CONSTITUTE A QUORUM OF THE COMMITTEE FOR ACTION BY THE COMMITTEE. ACTIONS OF THE EXECUTIVE COMMITTEE SHALL BE REPORTED TO THE BOARD OF TRUSTEES AND BE SUBJECT TO DISCUSSION AND RATIFICATION AT THE NEXT REGULAR MEETING OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B AS A MATTER OF PROCEDURE, THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE FORM 990. THE EXECUTIVE COMMITTEE PRESENTS A REPORT OF ITS REVIEW TO THE BOARD OF TRUSTEES. A COPY OF THE FORM 990 IS PROVIDED TO THE COLLEGE'S BOARD OF TRUSTEES PRIOR TO SUBMISSION WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS ANNUALLY DISTRIBUTED TO TRUSTEES, OFFICERS, AND CERTAIN IDENTIFIED AGENTS AND KEY EMPLOYEES TO ASSIST THEM IN CONSIDERING SUCH DISCLOSURES, BUT DISCLOSURE IS APPROPRIATE AND REQUIRED AT ANY TIME CONFLICTS OF INTEREST MAY OCCUR. THE WRITTEN NOTICES OF DISCLOSURES SHALL BE FILED WITH THE CEO OR SUCH OTHER PERSON DESIGNATED BY THE CEO TO RECIEVE SUCH NOTIFICATIONS. AT THE MEETING OF THE TOP GOVERNING BODY, ALL DISCLOSURES OF REAL OR PERCEIVED CONFLICTS OF INTEREST SHALL BE NOTED FOR THE RECORD IN THE MINUTES. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S COMPENSATION IS REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. COMPARATIVE DATA FROM SIMILAR COLLEGES AND UNIVERSITIES IS OBTAINED ANNUALLY TO ASSIST IN DETERMINING COMPENSATION LEVELS. THIS PROCESS IS DOCUMENTED IN THE BOARD MINUTES UPON COMPENSATION APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 POINT UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. POINT UNIVERSITY GOLF CLUB LLC 2001 COUNTRY CLUB ROAD LANETT AL 36863 473728196 GOLF COURSE AL -532369 7582638 POINT UNIVERSITY POINT UNIVERSITY - FOUNDRY LLC 507 WEST 10TH STREET WEST POINT GA 31833 REAL ESTATE GA 0 3324387 POINT UNIVERSITY POINT UNIVERSITY PROPERTIES LLC 507 WEST 10TH STREET WEST POINT GA 31833 REAL ESTATE GA 0 3534646 POINT UNIVERSITY PU PROPERTIES LLC 507 WEST 10TH STREET WEST POINT GA 31833 814900384 REAL ESTATE GA 217776 2200421 POINT UNIVERSITY