2023-05-15T15:54:41-05:00 2022-06-30 420714325 RSM US LLP 19026 RIDGEWOOD PKWY STE 400 SAN ANTONIO TX 78259 990 2021-07-01 750827409 AUSTIN COLLEGE AUST 9038132530 900 N GRAND AVE STE 6F SHERMAN TX 750904440 J PERNELL JONES VP OF BUSINESS AFFAIRS 9038132530 2023-05-15 1 J PERNELL JONES XXX-XX-XXXX REBECCA A RODRIGUEZ P01073764 2108286281 2023-05-15 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z J PERNELL JONES 900 N GRAND AVE STE 6F SHERMAN TX 750904440 147547350 0 X HTTPS://WWW.AUSTINCOLLEGE.EDU/ X 1849 TX THE MISSION OF AUSTIN COLLEGE IS TO EDUCATE STUDENTS IN THE LIBERAL ARTS AND SCIENCES IN ORDER TO PREPARE THEM FOR REWARDING CAREERS AND FOR FULL, ENGAGED AND MEANINGFUL LIVES. 33 33 857 33 40899 36928 13693068 9270975 64607595 63246210 12412992 10993880 724 -4169 90714379 83506896 35120887 33413287 0 0 23851433 24539248 0 203132 1067596 18692268 27275297 77664588 85430964 13049791 -1924068 325037828 294151852 48795592 47690604 276242236 246461248 X THE MISSION OF AUSTIN COLLEGE IS TO EDUCATE STUDENTS IN THE LIBERAL ARTS AND SCIENCES IN ORDER TO PREPARE THEM FOR REWARDING CAREERS AND FOR FULL, ENGAGED AND MEANINGFUL LIVES. 0 0 48662013 33413287 51531735 INSTRUCTIONAL: THE COLLEGE PROVIDED EDUCATION FOR 1,324 UNDERGRADUATE AND GRADUATE STUDENTS. THE COLLEGE CONFERRED DEGREES UPON 261 STUDENTS. 2594344 4562543 FOOD SERVICE: 711 STUDENTS PURCHASED MEAL PLANS. IN ADDITION TO SERVING THESE STUDENTS THE COLLEGE ALSO PROVIDED FOOD SERVICE FOR SPECIAL EVENTS AND THE MANY FACULTY, STAFF AND OTHER STUDENTS SERVED ON A CASH BASIS. 2435362 6358742 RESIDENTIAL LIVING: THE COLLEGE PROVIDED HOUSING FOR 984 STUDENTS WHO RESIDED ON CAMPUS. 12468013 793190 STUDENT SERVICES SUCH AS EXTRA-CURRICULAR PROGRAMMING, HEALTH SERVICES, LOAN CANCELLATION FOR STUDENTS, OPERATIONS AND MAINTENANCE OF FACILITIES FOR INSTRUCTIONAL PURPOSES AS WELL AS ACADEMIC SUPPORT FACILITIES. 12468013 793190 66159732 1 1 0 0 0 0 0 1 1 1 1 0 0 0 1 1 1 0 1 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 1669 0 1 857 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 X 33 33 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X KAREN JOHNSON 9038132530 900 N GRAND AVE STE 6F SHERMAN TX 750904440 DAVID CORRIGAN BOARD CHAIR 2.00 X X 0 0 0 BECKY R SYKES BOARD VICE CHAIR 2.00 X X 0 0 0 BRIAN AINSWORTH TRUSTEE 1.00 X 0 0 0 GREG ALMOND TRUSTEE 1.00 X 0 0 0 JOY APPLE TRUSTEE 1.00 X 0 0 0 LAWRENCE SCOTT AUSTIN TRUSTEE 1.00 X 0 0 0 BRENT E CHRISTOPHER TRUSTEE 1.00 X 0 0 0 REGGIE COON TRUSTEE 1.00 X 0 0 0 WILLIAM M CROOK TRUSTEE 1.00 X 0 0 0 JOAN K DARDEN TRUSTEE 1.00 X 0 0 0 BILL DOUGLASS TRUSTEE 1.00 X 0 0 0 CRAIG B FLORENCE TRUSTEE 1.00 X 0 0 0 MICHAEL N FOSTER JR TRUSTEE 1.00 X 0 0 0 DR DONALD M GIBSON TRUSTEE 1.00 X 0 0 0 MANUEL GUERRA TRUSTEE 1.00 X 0 0 0 SARAH GUNDERSON TRUSTEE 1.00 X 0 0 0 TOM G HALL TRUSTEE 1.00 X 0 0 0 JEANNINE HATT TRUSTEE 1.00 X 0 0 0 JAMES T JARRATT TRUSTEE 1.00 X 0 0 0 RONALD KIRK TRUSTEE 1.00 X 0 0 0 DR PATRICIA MANNING-COURTNEY TRUSTEE 1.00 X 0 0 0 HOLLY MASSINGILL TRUSTEE 1.00 X 0 0 0 PETER K MUNSON TRUSTEE 1.00 X 0 0 0 SALLY ROBINSON NATION TRUSTEE 1.00 X 0 0 0 KIRK L RIMER TRUSTEE 1.00 X 0 0 0 JOE T SANDERS II TRUSTEE 1.00 X 0 0 0 CARYN SCHENEWERK TRUSTEE 1.00 X 0 0 0 STEVEN S SCHIFF TRUSTEE 1.00 X 0 0 0 RON T SEAL TRUSTEE 1.00 X 0 0 0 REBECCA SIMMONS TRUSTEE 1.00 X 0 0 0 KARL TRAVIS TRUSTEE 1.00 X 0 0 0 GAIL UTTER TRUSTEE 1.00 X 0 0 0 RUTH WHITESIDE TRUSTEE 1.00 X 0 0 0 STEVEN O'DAY PRESIDENT 40.00 X 356691 0 125780 HEIDI B ELLIS VP BUSINESS AFFAIRS (THRU 7/2022) 40.00 X 184272 0 43817 BETH GILL VP ACADEMIC AFFAIRS 40.00 X 173288 0 22080 GILLIAN LOCKE VP INSTITUTIONAL ADVANCEMENT 40.00 X 139143 0 37554 BAYLEE KOWERT VP OF INSTITIONAL ENROLLMENT 40.00 X 91160 0 73267 CARLLOS LASSITER VP STUDENT AFFAIRS 40.00 X 60790 0 14780 DAVID GRIFFITH DEAN OF SOCIAL SCIENCES 40.00 X 125527 0 29580 SUZANNE CROUCH SR ASSOC VP INSTITUTIONAL 40.00 X 100405 0 17420 GARRETT HUBBARD DIRECTOR OF INFORMATION TECHNOLOGY 40.00 X 106000 0 8714 TIMOTHY P MILLERICK FMR VP STUDENT AFFAIRS (THRU 1/2021) 40.00 X 151849 0 16340 1489125 0 389332 9 1 1 0 RUFFALOCODY HOLDINGS LLC DBA RUFFALO NOE PO BOX 718 DES MOINES IA 50303 FUNDRAISING 657194 NEWTON'S BIG HAT LIMOUSINES LLC 8889 FM 2071 VALLEY VIEW TX 76272 TRANSPORTATION 322450 ELLUCIAN COMPANY LP 4 COUNTRY VIEW RD MALVERN PA 19355 SOFTWARE 286277 NATHANAEL J ESSIN DBA UNDAUNTED 2508 SHORLINE DR SHERMAN TX 75092 MARKETING 255503 UNDAUNTED AGENCY 5830 GRANITE PKWY 100-307 PLANO TX 75024 MARKETING 143646 5 6925 2380078 6883972 608654 9270975 TUITION AND FEES 611310 51531735 51531735 AUXILIARY ENTERPRISES 611710 11447253 11447253 OTHER PROGRAM REVENUE 900099 267222 267222 63246210 6946797 40899 6905898 67865096 200537 63849027 169523 4016069 31014 4047083 4047083 17735 6925 21904 -4169 -4169 83506896 63246210 40899 10948812 33413287 33413287 1183334 317538 722196 143600 17067184 13297677 3420844 348663 1106965 828528 229072 49365 3916128 2755417 1007902 152809 1265637 950944 261636 53057 1000 1000 100736 100736 203132 203132 565230 565230 207796 55926 132895 18975 687005 168782 512362 5861 640804 236916 348438 55450 550508 390072 160140 296 3735859 3700446 33124 2289 1053437 995703 46828 10906 61317 46120 14526 671 1632724 1632724 2830480 2817016 10258 3206 447663 447663 WRITE-OFF EXPENSES 6397392 7924 6389468 FOOD SERVICE 3027719 2948374 75574 3771 PROGRAMMING 2253178 563469 1689709 OTHER EXPENSES 1997996 1561955 431384 4657 1084453 655975 417590 10888 85430964 66159732 18203636 1067596 1249823 977988 27103224 23944926 13035432 6142361 1355194 896132 2993046 3058574 68421 64790 799420 1140783 175778379 71208911 104440662 104569468 166744096 144448596 29667 30270 4486214 5700908 2732629 3177056 325037828 294151852 9678644 8661349 633058 565490 38154815 36763276 329075 1700489 48795592 47690604 X 73656794 74398021 202585442 172063227 276242236 246461248 325037828 294151852 X -1924068 -27727794 -129126 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 0 0 184772455 681383 -16840146 6037095 3754479 496501 158325617 158242859 1020250 34278669 5345264 3000606 423452 184772456 153771024 6242453 5576900 4631350 2278714 437454 158242859 146674724 6286744 6254128 4397497 542716 504359 153771024 133633595 14545632 5894663 4626817 2378006 394343 146674724 0.00940 0.88230 0.10830 0 0 8615648 8615648 142489840 55572669 86917171 7912071 4321743 3590328 13028890 10929977 2098913 3731930 384522 3347408 104569468 STUDENT DEPOSITS 312280 LEASE LIABILITIES 1388209 1700489 X 48720186 -27727794 5480 -6499166 -34221480 82941666 565230 565230 83506896 78501174 5480 21904 27384 78473790 565230 6391944 6957174 85430964 PART III, LINE 4: THE COLLEGE ACCEPTS ARTWORK, ARTIFACTS OR SIMILAR ITEMS FROM DONORS IF SUCH ITEMS PROVIDE A DECORATIVE OR ACADEMIC PURPOSE. AS SUCH, THESE ITEMS MAY BE UTILIZED AS DECORATIONS OR INFORMATIVE EXHIBITS WITHIN THE COLLEGE LIBRARY AND ACADEMIC BUILDINGS. WHILE THE COLLEGE ACCOUNTS FOR SUCH ITEMS IN TERMS OF INSURING THE CONTENTS OF COLLEGE BUILDINGS, THESE COLLECTIONS ARE NOT VALUED AS ASSETS ON THE FINANCIAL STATEMENTS. PART V, LINE 4: AUSTIN COLLEGE'S ENDOWMENT CONSISTS OF 644 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. AUSTIN COLLEGE HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE ONGOING FINANCIAL SUPPORT FOR OPERATIONS AND TO REMAIN STABLE (OR GROW) IN REAL OR INFLATION-ADJUSTED TERMS, AS ADJUSTED FOR NEW ADDITIONS TO THE AUSTIN COLLEGE ENDOWMENT. PART X, LINE 2: AS OF JUNE 30, 2022 AND 2021, THERE WERE NO UNCERTAIN TAX BENEFITS IDENTIFIED AND RECORDED AS A LIABILITY. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -159,984. CHANGE IN UNCOLLECTIBLE PLEDGES AND WRITE OFFS -6,361,086. FUNDRAISING EXPENSES 21,904. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 21,904. PART XII, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN UNCOLLECTIBLE PLEDGES AND WRITE OFFS 6,361,086. GIFT IN KIND 30,858. 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 RACIALLY NONDISCRIMINATORY POLICY IS PUBLISHED IN THE ANNUAL BULLETIN AS WELL AS IN THE INITIAL SOLICITATION TO ALL PROSPECTIVE STUDENTS; ALSO PUBLISHED AT THE BEGINNING OF THE FALL TERM IN THE LOCAL NEWSPAPER. SCHEDULE E, PART I, LINE 6 A LIST OF RECIPIENTS OF SCHOLARSHIPS, GRANTS AND FELLOWSHIPS IS ON FILE AT THE COLLEGE AND IS AVAILABLE UPON REQUEST. ALTHOUGH THERE MAY BE RECIPIENTS WHO ARE RELATED TO PERSONS HAVING AN INTEREST IN THE COLLEGE, SUCH RECIPIENTS ARE SELECTED ON AN EQUAL, OBJECTIVELY DETERMINABLE BASIS WITH OTHER RECIPIENTS. THAT IS, ALL STUDENTS RECEIVING SCHOLARSHIPS, GRANTS AND FELLOWSHIPS ARE JUDGED WORTHY BY THE COLLEGE'S ASSESSMENT ON THE BASIS OF ACADEMIC, FINANCIAL NEED, AND OTHER SIMILAR STANDARDS. X X X X X X X 1 RUFFALOCODY HOLDINGS LLC PO BOX 3018 CEDAR RAPIDS IA 524063018 CONSULTING 0 0 154532 -154532 MCALLISTER & QUINN 1030 15TH ST NW SUITE 590 WEST WASHINGTON DC 20005 CONSULTING 0 0 48600 -48600 203132 -203132 LEGENDS GOLF TOURNAMENT 24660 6925 17735 2368 1598 6098 11840 24660 6925 17735 2368 1598 6098 11840 21904 -4169 1 SCHOLARSHIPS 1231 33053490 CASH GRANTS 267 359797 CASH PART I, LINE 2: THE ORGANIZATION FOLLOWS THE RULES AND REGULATIONS IN TERMS OF PROCEDURES PROVIDED BY THE U.S. DEPARTMENT OF EDUCATION AND ALL GRANTING AGENCIES. PRIVATE GRANTS ARE HANDLED BY DEVELOPMENT AND FINANCIAL SERVICES AND ALL REQUIRED REPORTS ARE SUBMITTED TO THE TEXAS HIGHER EDUCATION COORDINATING BOARD AND APPROPRIATE AGENCIES. X X 1 1 X X X X X X 1 0 0 0 0 0 0 0 0 STEVEN O'DAY PRESIDENT 306691 0 50000 0 0 0 24800 0 100980 0 482471 0 0 0 HEIDI B ELLIS VP BUSINESS AFFAIRS (THRU 7/2022) 182416 0 0 0 1856 0 34327 0 9490 0 228089 0 0 0 BETH GILL VP ACADEMIC AFFAIRS 173288 0 0 0 0 0 14000 0 8080 0 195368 0 0 0 GILLIAN LOCKE VP INSTITUTIONAL ADVANCEMENT 138543 0 0 0 600 0 11440 0 26114 0 176697 0 0 0 TIMOTHY P MILLERICK FMR VP STUDENT AFFAIRS (THRU 1/2021) 135133 0 0 0 16716 0 0 0 16340 0 168189 0 0 0 BAYLEE KOWERT VP OF INSTITIONAL ENROLLMENT 87858 0 0 0 3302 0 8000 0 65267 0 164427 0 0 0 DAVID GRIFFITH DEAN OF SOCIAL SCIENCES 124977 0 0 0 550 0 10240 0 19340 0 155107 0 0 0 PART I, LINE 1A THERE IS A HOUSING ALLOWANCE FOR 4 OFFICERS. PART I, LINE 4A TIMOTHY P. MILLERICK RECEIVED A SEVERANCE PAYMENT OF $151,849. X 1 38475 FMV X 28 159322 FMV X 1 380000 FMV X GIFT IN KIND 23 30857 FMV 0 0 1 0 PART I, COLUMN (B): REPORTING THE NUMBER OF CONTRIBUTIONS FORM 990, PART VI, SECTION B, LINE 11B THE IRS FORM 990 (EXCEPT SCHEDULE B) IS RECEIVED AND REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES BEFORE FILING. SCHEDULE B IS AVAILABLE FOR REVIEW BY ANY BOARD MEMBER IN THE OFFICE OF THE VICE PRESIDENT FOR BUSINESS AFFAIRS. FORM 990, PART VI, SECTION B, LINE 12C ALL INDIVIDUALS COVERED BY THIS POLICY ARE TO COMPLETE AND FILE A CONFLICT OF INTEREST DISCLOSURE STATEMENT (DISTRIBUTED AT THE JUNE BOARD OF TRUSTEES MEETING) WITH THE SECRETARY OF THE BOARD OF TRUSTEES ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR TOP MANAGEMENT OFFICIAL COMPENSATION FOR THE PRESIDENT IS REVIEWED AND COMPARABLE DATA IS OBTAINED. ULTIMATELY, THE BOARD OF TRUSTEES REVIEWS AND APPROVES ANY CHANGES IN COMPENSATION FOR THE CEO. COMPENSATION PROCESS FOR OTHER OFFICERS OR KEY EMPLOYEES COMPENSATION FOR OTHER TOP MANAGEMENT IS REVIEWED AND COMPARABLE DATA IS USED. ULTIMATELY, THE PRESIDENT MAKES A RECOMMENDATION TO THE BOARD OF TRUSTEES AND THEY IN TURN REVIEW AND APPROVE ANY CHANGES IN COMPENSATION FOR OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC. CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST DOCUMENTS ARE POSTED ON THE INSTITUTIONAL INTRANET AVAILABLE TO THE AUSTIN COLLEGE COMMUNITY. THE FINANCIAL STATEMENTS ARE FURNISHED UPON REQUEST TO PERSONS OR INSTITUTIONS OUTSIDE THE AUSTIN COLLEGE COMMUNITY. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -159,984. OTHER RECONCILING ITEM 30,858. FORM 990, PART IV, LINE 12, AUDITED FINANCIAL STATEMENTS: THE FINANCIAL STATEMENTS WERE AUDITED BY AN INDEPENDENT ACCOUNTANT. THE ORGANIZATION DOES HAVE A COMMITTEE THAT IS RESPONSIBLE UNDER ITS GOVERNING DOCUMENTS FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. POUCH CORPORATION 900 N GRAND SHERMAN TX 75090 751627120 CAMPUS SNACK BAR TX 501(C)(7) AUSTIN COLLEGE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0