2023-07-10T07:40:28-07:00 2022-06-30 845076654 Edge Accountants and Advisors LC 128 S Main St Ste B Summerville SC 29420 990 2021-07-01 570314404 Newberry College NEWB 8032765010 2100 College Street Newberry SC 29108 David Sayers VP Admin Affairs & CFO 8032765010 2023-05-08 true David Sayers XXX-XX-XXXX L Todd Fisher CPA CGMA P00668578 8438672766 2023-07-10 X 0 AAL1 IAL1 FAL1 2021 2023-04-26 12:10:37Z Maurice Scherrens 2100 College Street Newberry SC 29108 62905519 false X N/A X 1856 SC Provide undergraduate education for approximately 1,000 students. 23 22 525 23 0 0 6926693 16291814 45416118 45585795 1649984 -10197578 31701 29451 54024496 51709482 19916709 19410323 0 0 13839169 15669482 0 0 1762372 17410368 22448926 51166246 57528731 2858250 -5819249 69782907 71038341 37287443 37165775 32495464 33872566 X Newberry College challenges and nurtures students for lifetimes of service and leadership through intellectual transformation, social development, a culture of physical well being, and spiritual growth by providing a Christian education in the Lutheran tradition. true false 23617890 14720667 33358546 Instruction: Newberry College has a rich tradition of providing personal attention, challenging academic programs, and a close knit community that welcomes everyone. We combine our strong liberal arts foundation with specialized professional degree programs to prepare students for successful futures. Newberry College prepares students in the Lutheran liberal arts tradition through our supportive academic community for lifelong intellectual and personal development, meaningful vocation, and engaged citizenship in the global society. 17364654 4689656 769286 Student Services: At Newberry College learning takes place both inside and outside the classroom. No matter where a student finds themselves on cmapus, in town, or off the beaten path they exchange ideas and build relationships with faculty, other students, and community members alike. Students discover the "classroom" extends far beyond ivy covered walls to the greater Newberry community, region, and world. Students live, learn, play, and get a whole life education at Newberry. 6768930 0 11457963 Auxiliary Enterprises: Student dining experience is more than great food. It is community experience centered on culinary expertise, fresh ingredients, healthy options, and a shared sense of environmental and social responsibility. Our team is committed to creating the best possible dining experience. Join us to experience the comfort, convenience, outstanding food and inviting atmosphere designed especially for students. 2391305 0 0 Academic Support Newberry College strives to provide as much support as possible to our faculty and staff. This year alone we have developed and implemented programs in Dyslexia and writing and tutoring, along with Professional development for our faculty and staff. 2391305 0 0 50142779 true true false false false false false true false true true true false false true false true false true false false false false false true false false false true true false false false false false false true false true false false false false true true false false false true 1700 0 525 true false false false false false false false false false false false false X 23 22 false false false false false false false true true false false true true true true true true false false false SC X David Sayers 8032765010 2100 College Street Newberry SC 29108 Maurice Scherrens President 37.50 X 333572 0 0 David Sayers VP Admin Affairs & CFO 37.50 X 180000 0 0 Sidney H Parrish VPAA & Dean of College 37.50 X 176353 0 0 Sean Johnson Athletic Director 37.50 X 42750 0 0 Lori Ann Summers VP Institutional Advancement 37.50 X 168485 0 0 Todd Knight Head Coach, Football 37.50 X 110757 0 0 Robert Best Board Chair 10.00 X 0 0 0 Eric Wells Board Vice Chair 5.00 X 0 0 0 Lenna Young Secretary 8.00 X 0 0 0 Jon Hart Treasurer 5.00 X 0 0 0 Joel Carter Trustee 5.00 X 0 0 0 James P Coggins Trustee 5.00 X 0 0 0 Barbara L Davis Trustee 5.00 X 0 0 0 Larry Dibiase Trustee 5.00 X 0 0 0 Richard Herrington Trustee 5.00 X 0 0 0 Hugo A Hap Pearce III Trustee 10.00 X 0 0 0 Patricia Pearson Trustee 5.00 X 0 0 0 Mary Grate-Pyos Trustee 5.00 X 0 0 0 Kevin Steelman Trustee/Exe Comm at Large 5.00 X 0 0 0 William Steen Trustee 5.00 X 0 0 0 Ned Tupper Trustee 5.00 X 0 0 0 Misty West Trustee 5.00 X 0 0 0 John Winarchick Trustee 5.00 X 0 0 0 Sara Peters Trustee/Faculty Rep 5.00 X 0 0 0 Kevin Raines Trustee 5.00 X 0 0 0 Todd Sanders Trustee/Athletic Club Rep 5.00 X 0 0 0 Kevin Strickland Trustee 5.00 X 0 0 0 Mark Wilhelm Trustee 5.00 X 0 0 0 1011917 0 0 5 false true false Aramark Serices Inc PO Box 828441 Philadelphia PA 19182 Facilities & maintenance 3468644 Sodexo Inc & Affiliates PO Box 360170 Pittsburgh PA 15251 Dining Services 1734923 Oakland Mill Master Tenant LLC PO Box 734 Newberry SC 29108 Residential Services 1220200 Net3 Technology Inc 108 Edinburgh Ct Greenville SC 29607 Information Technology 593190 LRAP Association Inc 1011 Warrenville Rd Lisle IL 60532 Fee for Student Enrollment in Guaranty 454700 17 5476 74496 16211842 360529 16291814 Tuition and fees 611310 33358546 0 0 Auxiliary enterprises 611310 11457963 0 0 Student services 611310 769286 0 0 45585795 990350 11187928 -10197578 -10197578 0 0 -10197578 37560 8109 29451 0 29451 51709482 45585795 0 -10168127 19410323 19410323 1137262 950188 114376 72698 11687205 9764709 1175402 747094 1778419 1485876 178859 113684 1066596 891146 107269 68181 88678 0 88678 0 107199 0 107199 0 116731 0 116731 0 6797327 5822705 875441 99181 76656 1000 0 75656 649980 389466 170470 90044 951462 839485 90018 21959 3352295 2864539 469293 18463 3470783 3433160 15416 22207 180143 69281 56804 54058 1840988 1563288 267624 10076 1891597 1606263 274981 10353 772815 241198 531617 0 Debt issuance cost 909547 0 909547 0 Maintenance and repairs 540396 535099 5297 0 Doubtful account allowance 358718 0 0 358718 Outside computer services 172704 128904 43800 0 170907 146149 24758 0 57528731 50142779 5623580 1762372 4990918 8004091 4842464 1131143 3142375 797559 531691 208058 273800 82949205 47881094 33401002 35068111 17324098 21700802 4346772 230195 869468 0 1871425 2087276 69782907 71038341 4311017 2398773 259640 267262 29847473 25758129 1525888 7902294 1343425 839317 37287443 37165775 X 11813065 11606398 20682399 22266168 32495464 33872566 69782907 71038341 -5819249 7079620 116731 X false true true true true X 0 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1515216 X X false 19592471 1487800 -3161556 1038160 16880555 17540875 432412 2647767 1028583 19592471 16044339 319246 2137919 960629 17540875 15435592 837774 795161 1024188 16044339 13922087 1441795 1046950 975240 15435592 0.27010 0.72990 185010 2081062 2266072 61211298 31184957 30026341 15996460 14311659 1684801 3475375 2384478 1090897 35068111 0 F Private equity fund 230195 F 230195 Capital lease obligations 576867 U.S. government loan funds refundable 262450 839317 39386888 7283339 -78879 7204460 32182428 116731 19410323 19527054 51709482 38009786 8109 8109 38001677 116731 19410323 19527054 57528731 Pt III, Line 4 The Newberry College Archives - in the process of transforming a part-time effort into a formal records repository, research library, and outreach effort benefitting internal and external stakeholders-documents the history of the college, appraising, collecting, organizing, describing, and preserving records and other items of permanent institutional value; provides research assistance to administrators, faculty, staff, students, alumni, and the public; and interprets the history of Newberry College to the college community and the public. Preserving and interpreting the college's 160-year record of preparing students in the Lutheran liberal arts tradition for intellectual and personal development, meaningful vocation, and engaged citizenship makes a significant contribution to the institution's mission and helps shape its identity. Pt III, Line 4 Newberry College's Special Collections represent approximately 3,500 rare and unique print items donated to the library since its inception. The items represent historic assets as well as materials preserved by the library because of their scarcity, value or fragile condition. Like the archives, Newberry College's Special Collections represent the activities undertaken by the College throughout its history. Pt V, Line 4 The College's endowments consist of approximately 456 individual funds established for a variety of purposes as a result of donor contributions. Pt XI, Line 2d Fundraising expenses $ 8,109 Change in value of perpetual trusts -86,988 Subtotal -78,879 Pt XI, Line 4b Tuition scholarships $19,410,323 Pt XII, Line 2d Fundraising event expense $8,109 Pt XII, Line 4b Tuition scholarships $19,410,323 true true true true true true true false false false false false false false false true false true Line 3 The organization currently enrolls students of racial minority groups in meaningful numbers consistent with the publicity exception found in Rev. Proc. 75 50 section 4.03(2)(b). See Part I. Other The College utilizes the Federal Supplemental Education Opportunity Grant, Federal Direct Loans, Federal Pell Grants, Federal Work Study, Federal Perkins Loan, TEACH Grants, and the Higher Education Emergency Relief Fund (HEERF). The College has received the National Science Foundation Grant for Education and Human Resources. Lastly, the College has loans through the USDA, Community Facility Direct Loan, Community Facility Guaranteed Loan, and the Business and Industry Guaranteed Loan Line 6b The College utilizes the Federal Supplemental Educational Opportunity Grant, Federal Direct Loans, Federal Pell Grants, Federal Work Study, Federal Perkins Loan, TEACH Grants, and the Higher Education Emergency Relief Fund (HEERF). The College has received the National Science Foundation Grant for Education and Human Resources. lastly, the College has loans through the USDA: Community Facility Direct Loan, Community Facility Guaranteed Loan, and the Business and Industry Guaranteed Loan. 2022 Howling Wolf Night 14500 14500 1924 2092 100 2022 Spring Golf Tournament 23060 23060 1113 2458 422 37560 37560 1924 1113 2458 2514 100 8109 29451 true Scholarships 1270 17125752 HEERF 1306 2284571 Pt I Line 2 Awareded grants and scholarships are directly credited against the student's tuition balance; no cash changes hands. The Financial Aid Office tracks the amounts awarded and periodically runs reports to check for changes in eligibility for all outside grants or scholarships X true true X false false false false false false false false false Maurice Scherrens 333572 0 0 0 0 0 7657 0 0 0 341229 0 0 0 David Sayers 180000 0 0 0 0 0 0 0 0 0 180000 0 0 0 Sidney H Parrish 176353 0 0 0 0 0 5316 0 0 0 181669 0 0 0 Lori Ann Summers 168485 0 0 0 0 0 2803 0 0 0 171288 0 0 0 Sandra Scherrens President spouse 62072 Compensation false X 330 Cost X 2 321200 Appraisal X 1 3686 Appraisal X Athletic equipment 2 28094 Cost X Labor and entertainment 2 4074 Cost X Insurance Prem 2 3145 Cost false true false Pt I col(b) The number of contributions represent the number of contributions received, not the number of items donated. Pt VI, Line 1a The Executive Committee shall have six (6) members, all of whom shall be voting Trustees, except for the President who shall be ex officio without vote and not counted as part of a quorum for teh purpose transacting business. The Chair, Vice Chair, Secretary, and Treasurer of the Board of Trustees shall be Members. Pt VI, Line 1a The purpose of the Executive Committee is twofold: 1) it shall serve at the pleasure of the Board as its aent, to address the business of the Board between Board meetings; and 2) it shall assist the Chair and the President in their joint responsibility to help the Board to function effectively and efficiently by suggesting Board meeting agenda items and periodically assetssing the quality of Board Comittes work. The Executive Committee shall have authority to act for the Board of Trustees on all matters except for the following which shall be reserved for the Board: presidential selection and termination; Trustee and Board officer selection; changes in institutional mission and purposes; changes to the Charter, Constitution, or these Bylaws; incurring of corporate indebtedness; sale of College assets or tangible property; adoption of the annual budget; and conferral of degrees. These Bylaws or other Board policy may reserve other powers for the Board of Trustees. Pt VI, Line 1a In addition to its authority to take action on emergency matters which cannot or should not be deferred to the Board's next scheduled meeting, the Executive Committee shall oversee the work of the Board Committees, the College's planning process or progress on planning goals, the Board's responsibility to support the President and assess his or her performance, and review annually the President's compensation and conditions of employment. Pt III, Line 2 Dyslexia Program started. Pt VI, Line 11b Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS. Pt VI, Line 19 The College's bylaws, constitution, and conflict of interest policy are made available to the public upon request. The financial statements are not made available to the public Pt VI, Line 12c The organization requires all officers and board members to annually complete and sign a conflict of interest questionnaire. The Chairman of the board of Trustees, President, CFO, Vice Chairman of the Board of Trustees, and Treasurer of the Board of Trustees are responsible for reviewing signed statements ensuring that interested persons are in compliance with the conflict of interest policy. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliverations Form 990, Part III, Line 4d Academic Support 2391305. 0. 0. Newberry College Foundation Inc 2100 College Street Newberry SC 29108 576026382 To support the mission of the Collge SC 501(c)(3) Line 12a, I Newberry College false Perpetual Trusts None Newberry SC 29108 Trust SC Newberry College T 0.00000 true false false true false false false false false false false true false false false false false false false false