PIEDMONT UNIVERSITY INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- PIEDMONT UNIVERSITY INC (EIN 58-0566212)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-05-01
- IRS object ID
- 202521219349301142
- Schema version
- 2023v6.0
- 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 I
- Schedule J
- Schedule K
- Schedule K
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-01T10:08:12-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 420 SOUTH ORANGE AVENUE SUITE 900 | AddressLine1Txt |
| City | ORLANDO | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 580566212 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PIEDMONT UNIVERSITY INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PIED | BusinessNameControlTxt |
| Phone | 7067783000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 10 | AddressLine1Txt |
| City | DEMOREST | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30535 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARSHALL M CRISER III | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7067783000 | PhoneNum |
| Signature | 2025-04-24 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TINA HENTON | PreparerPersonNm |
| PTIN | P00630282 | PTIN |
| Phone | 4078021200 | PhoneNum |
| Preparation | 2025-04-11 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MARSHALL M CRISER III | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 10 | AddressLine1Txt |
| City | DEMOREST | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30535 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $77,855,353 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.PIEDMONT.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1897 | FormationYr |
| Legal Domicile State | GA | LegalDomicileStateCd |
| Activity Or Mission | PIEDMONT UNIVERSITY IS A PRIVATE, NON-PROFIT COMPREHENSIVE LIBERAL ARTS INSTITUTION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 25 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 25 | VotingMembersIndependentCnt |
| Total Employee | 808 | TotalEmployeeCnt |
| Total Volunteers | 30 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,391,404 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,923,242 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $48,294,815 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $51,583,320 | CYProgramServiceRevenueAmt |
| PY Investment Income | $263,873 | PYInvestmentIncomeAmt |
| CY Investment Income | $987,232 | CYInvestmentIncomeAmt |
| PY Other Revenue | $9,301 | PYOtherRevenueAmt |
| CY Other Revenue | $24,761 | CYOtherRevenueAmt |
| PY Total Revenue | $51,959,393 | PYTotalRevenueAmt |
| CY Total Revenue | $54,518,555 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $15,439,068 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $16,380,905 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $23,232,373 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $21,259,277 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $695,020 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $22,311,400 | PYOtherExpensesAmt |
| CY Other Expenses | $22,055,373 | CYOtherExpensesAmt |
| PY Total Expenses | $60,982,841 | PYTotalExpensesAmt |
| CY Total Expenses | $59,695,555 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$9,023,448 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$5,177,000 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $147,927,827 | TotalAssetsBOYAmt |
| Total Assets EOY | $145,567,564 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $35,656,641 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $33,072,176 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $112,271,186 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $112,495,388 | NetAssetsOrFundBalancesEOYAmt |
| Mission | PIEDMONT UNIVERSITY DEDICATES ITSELF TO THE TRANSFORMATIVE POWER OF EDUCATION THROUGH RECIPROCAL LEARNING, THE DEVELOPMENT OF COMPASSIONATE LEADERS, AND THE STEWARDSHIP OF OUR LOCAL AND GLOBAL COMMUNITIES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $32,480,836 | ExpenseAmt |
| Grant | $16,380,905 | GrantAmt |
| Revenue | $41,948,717 | RevenueAmt |
| Desc | TUITION AND FEES - INSTRUCTIONAL PROGRAMS SUPPORT STUDENTS TO ACHIEVE THEIR BACHELOR'S, MASTER'S, AND DOCTORATE LEVEL OF DEGREES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $9,768,414 | ExpenseAmt |
| Revenue | $9,335,511 | RevenueAmt |
| Desc | STUDENT SERVICES - SERVICES PROVIDED BENEFITING STUDENTS INCLUDING FOOD SERVICE, RESIDENCE HALLS, AND FITNESS CENTER. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $7,139,447 | ExpenseAmt |
| Revenue | $299,092 | RevenueAmt |
| Desc | OTHER ACTIVITIES - ACTIVITIES IN THE SUPPORT OF THE ORGANIZATION SUCH AS VARIOUS SPORTS AND THEATRE CAMPS, FOUNDATION SUPPORT, AND DEPOSITS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $49,388,697 | 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 | Yes (1) | 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 | 0 | 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 | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| 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 | 0 | 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 | 135 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 808 | 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 | 0 | QuidProQuoContributionsInd |
| 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 | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TIM CAMPBELL ASST VP OF FINANCE & CONTROLLER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7067788500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 10 | AddressLine1Txt |
| City | DEMOREST | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30535 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (38 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| THOMAS A ARRENDALE III | ||||||||
| CHAIRMAN OF THE BOARD | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| DOCK SISK | ||||||||
| VICE CHAIRMAN | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| KARA KEEL MOODY | ||||||||
| SECRETARY - THRU 10/23 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| SANDY BORROW | ||||||||
| SECRETARY - AS OF 10/23 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| LISA BLACK | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DR MARTHA CANTRELL | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MATT COOK | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| WALTER CROWDER | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KANLER CUMBASS | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DWIGHT EVANS | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID FOSTER | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MACK GUEST III | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| LADSON HADDOW | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS HENSLEY JR | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES C HOBBS III | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM HOUSE | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| FRAN DAVIS JARRETT | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| NICK KASTNER | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| REV DR SARAH LUND | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MYLLE MANGUM | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KIMBERLY MELTON | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CALE PADGETT | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JOSEPH PIPER | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| TOM RICHARD | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BRIAN RICKMAN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL SANTOWSKI | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BARBARA STRAIN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARY HART WILHEIT | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARSHALL CRISER | ||||||||
| PRESIDENT | 40.00 | Yes (X) | $359,637 | $0 | $31,026 | |||
| BRANT WRIGHT | ||||||||
| SR. VP OF FINANCE & ADMIN | 40.00 | Yes (X) | $233,696 | $0 | $41,640 | |||
| BRUCE WILLIS | ||||||||
| VP ACADEMIC AFFAIRS - AS OF 5/23 | 40.00 | Yes (X) | $165,618 | $0 | $15,315 | |||
| STEVE NIMMO | ||||||||
| VP ACADEMIC AFFAIRS - THRU 7/23 | 40.00 | Yes (X) | $136,773 | $0 | $29,862 | |||
| KIMBERLY CRAWFORD | ||||||||
| VP STUDENT LIFE & LEADERSHIP | 40.00 | $172,252 | $0 | $40,204 | Yes (X) | |||
| KRISTI WILLIAMS | ||||||||
| ASSOC. AP FIN./CONT. - THRU 2/24 | 40.00 | $166,339 | $0 | $40,221 | Yes (X) | |||
| STEVEN JACOBS | ||||||||
| DEAN COLLEGE OF ARTS AND SCIENCE | 40.00 | $127,252 | $0 | $38,001 | Yes (X) | |||
| JAIME JOHNSON-HUFF | ||||||||
| DEAN COLLEGE OF NURSING | 40.00 | $133,260 | $0 | $13,202 | Yes (X) | |||
| JAMES PEOPLES | ||||||||
| ATHLETIC DIRECTOR | 40.00 | $131,602 | $0 | $11,010 | Yes (X) | |||
| J KERRY WALLER | ||||||||
| DEAN COLLEGE OF BUSINESS | 40.00 | $127,609 | $0 | $20,072 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,754,038 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $280,553 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 10 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ELLUCIAN COMPANY LP | |||||
| 62578 COLLECTIONS CENTER DRIVE | CHICAGO | IL | 606930625 | TECHNOLOGY | $2,598,954 |
| HOWARD ANDREWS CONSTRUCTION | |||||
| 605 NEW HOPE ROAD | TOCCOA | GA | 30577 | CONSTRUCTION | $124,955 |
| LAW OFFICE OF PATRICK MCKEE LLC | |||||
| 19 SPRING STREET | NEWMAN | GA | 30263 | LEGAL | $119,948 |
| CLIFTON LARSON ALLEN LLP | |||||
| 220 S 6TH STREET STE 300 | MINNEAPOLIS | MN | 55402 | ACCOUNTING SERVICES | $117,476 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $373,264 | GovernmentGrantsAmt |
| All Other Contributions | $1,549,978 | AllOtherContributionsAmt |
| Noncash Contributions | $6,252 | NoncashContributionsAmt |
| Total Contributions | $1,923,242 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611310 | $41,948,717 | $41,948,717 |
| ROOM AND BOARD | 611710 | $9,294,896 | $9,294,896 |
| OTHER PROGRAM INCOME | 900099 | $239,069 | $239,069 |
| SUMMER CAMP | 900099 | $60,023 | $60,023 |
| CAMPUS BOOKSTORE | 459210 | $40,615 | $40,615 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $51,583,320 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,428,474 | TotalRevenueColumnAmt |
| Exclusion | $1,428,474 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,061 | TotalRevenueColumnAmt |
| Exclusion | $5,061 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $19,700 | 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 | $19,700 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $19,700 | TotalRevenueColumnAmt |
| Exclusion | $19,700 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $22,895,556 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $23,334,868 | SecuritiesAmt |
| Other | $1,930 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$439,312 | SecuritiesAmt |
| Other | -$1,930 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$441,242 | TotalRevenueColumnAmt |
| Exclusion | -$441,242 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $54,518,555 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $51,583,320 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,011,993 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,380,905 | TotalAmt |
| Program Services | $16,380,905 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,137,523 | TotalAmt |
| Program Services | $1,011,695 | ProgramServicesAmt |
| Management And General | $99,402 | ManagementAndGeneralAmt |
| Fundraising | $26,426 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,379,838 | TotalAmt |
| Program Services | $14,624,918 | ProgramServicesAmt |
| Management And General | $1,384,216 | ManagementAndGeneralAmt |
| Fundraising | $370,704 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $532,541 | TotalAmt |
| Program Services | $444,111 | ProgramServicesAmt |
| Management And General | $70,972 | ManagementAndGeneralAmt |
| Fundraising | $17,458 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,938,342 | TotalAmt |
| Program Services | $1,616,474 | ProgramServicesAmt |
| Management And General | $258,324 | ManagementAndGeneralAmt |
| Fundraising | $63,544 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,271,033 | TotalAmt |
| Program Services | $810,650 | ProgramServicesAmt |
| Management And General | $457,568 | ManagementAndGeneralAmt |
| Fundraising | $2,815 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $119,948 | TotalAmt |
| Management And General | $119,948 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $117,476 | TotalAmt |
| Management And General | $117,476 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $126,851 | TotalAmt |
| Management And General | $126,851 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,257,589 | TotalAmt |
| Program Services | $2,934,313 | ProgramServicesAmt |
| Management And General | $277,158 | ManagementAndGeneralAmt |
| Fundraising | $46,118 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $260,257 | TotalAmt |
| Program Services | $140,242 | ProgramServicesAmt |
| Management And General | $19,455 | ManagementAndGeneralAmt |
| Fundraising | $100,560 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $761,863 | TotalAmt |
| Program Services | $742,880 | ProgramServicesAmt |
| Management And General | $7,062 | ManagementAndGeneralAmt |
| Fundraising | $11,921 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,130,986 | TotalAmt |
| Program Services | $252,583 | ProgramServicesAmt |
| Management And General | $3,878,403 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,332,677 | TotalAmt |
| Program Services | $2,609,612 | ProgramServicesAmt |
| Management And General | $705,036 | ManagementAndGeneralAmt |
| Fundraising | $18,029 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,433,056 | TotalAmt |
| Program Services | $1,431,182 | ProgramServicesAmt |
| Management And General | $1,599 | ManagementAndGeneralAmt |
| Fundraising | $275 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,840 | TotalAmt |
| Program Services | $38,841 | ProgramServicesAmt |
| Management And General | $999 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,086,385 | TotalAmt |
| Program Services | $970,359 | ProgramServicesAmt |
| Management And General | $112,441 | ManagementAndGeneralAmt |
| Fundraising | $3,585 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,945,708 | TotalAmt |
| Program Services | $3,524,306 | ProgramServicesAmt |
| Management And General | $408,381 | ManagementAndGeneralAmt |
| Fundraising | $13,021 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $626,126 | TotalAmt |
| Program Services | $80,800 | ProgramServicesAmt |
| Management And General | $545,326 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| EDUCATION EXPENSES | $1,060,140 | $1,060,140 | ||
| OTHER OPERATIONAL EXPEN | $602,075 | $598,393 | $3,682 | |
| WORK STUDY | $446,046 | $436,236 | $2,745 | $7,065 |
| DUES AND SUBSCRIPTIONS | $216,266 | $137,932 | $77,855 | $479 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $492,084 | TotalAmt |
| Program Services | $140,518 | ProgramServicesAmt |
| Management And General | $342,228 | ManagementAndGeneralAmt |
| Fundraising | $9,338 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,695,555 | TotalAmt |
| Program Services | $49,388,697 | ProgramServicesAmt |
| Management And General | $9,611,838 | ManagementAndGeneralAmt |
| Fundraising | $695,020 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,427,746 | BOYAmt |
| EOY | $2,306,447 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,100,168 | BOYAmt |
| EOY | $3,648,551 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $80,200 | BOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $822,928 | BOYAmt |
| EOY | $397,911 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $399,411 | BOYAmt |
| EOY | $631,252 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $143,625,778 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $59,604,496 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $86,989,195 | BOYAmt |
| EOY | $84,021,282 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,144,160 | BOYAmt |
| EOY | $50,388,351 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,314 | BOYAmt |
| EOY | $31,988 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,910,705 | BOYAmt |
| EOY | $4,141,782 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $147,927,827 | BOYAmt |
| EOY | $145,567,564 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,990,048 | BOYAmt |
| EOY | $1,730,468 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,806,609 | BOYAmt |
| EOY | $2,593,677 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,320,183 | BOYAmt |
| EOY | $23,478,316 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,847,432 | BOYAmt |
| EOY | $1,535,045 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,692,369 | BOYAmt |
| EOY | $3,734,670 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,656,641 | BOYAmt |
| EOY | $33,072,176 | 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 | $96,988,926 | BOYAmt |
| EOY | $95,623,719 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,282,260 | BOYAmt |
| EOY | $16,871,669 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $112,271,186 | BOYAmt |
| EOY | $112,495,388 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $147,927,827 | BOYAmt |
| EOY | $145,567,564 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$5,177,000 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $5,437,282 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$36,080 | OtherChangesInNetAssetsAmt |
| 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 |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,349,573 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,641,196 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,999,154 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,391,404 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,923,242 | CurrentTaxYearAmt |
| Total | $19,304,569 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,349,573 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,641,196 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,999,154 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,391,404 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,923,242 | CurrentTaxYearAmt |
| Total | $19,304,569 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,209,906 | SubstantialContributorsTotAmt |
| Public Support Total170 | $18,094,663 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,402,547 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,207,342 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $964,798 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,252,708 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,453,235 | CurrentTaxYearAmt |
| Total | $8,280,630 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,234,675 | CurrentTaxYearMinus4YearsAmt |
| Total | $2,234,675 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $29,819,874 | TotalSupportAmt |
| Public Support CY170 | 0.60680 | PublicSupportCY170Pct |
| Public Support PY170 | 0.50860 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | INSURANCE PROCEEDS - 2019 AMOUNT: $ 2,234,675. |
| 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. |
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) |
|---|---|---|
| Historic Structure | Yes (X) | HistoricStructureInd |
| Total Easements | 1 | TotalEasementsCnt |
| Total Acreage | 0.00 | TotalAcreageCnt |
| Historic Structure Easements | 1 | HistoricStructureEasementsCnt |
| States Easements Held | 1 | StatesEasementsHeldCnt |
| Written Policy Monitoring | Yes (1) | WrittenPolicyMonitoringInd |
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $1,234,508 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $45,412,532 | BeginningYearBalanceAmt |
| Contributions | $537,766 | ContributionsAmt |
| Investment Earnings Or Losses | $3,839,416 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $7,364 | OtherExpendituresAmt |
| End Year Balance | $49,782,350 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $43,570,462 | BeginningYearBalanceAmt |
| Contributions | $577,425 | ContributionsAmt |
| Investment Earnings Or Losses | $1,730,221 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $465,576 | OtherExpendituresAmt |
| End Year Balance | $45,412,532 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $54,955,833 | BeginningYearBalanceAmt |
| Contributions | $573,059 | ContributionsAmt |
| Investment Earnings Or Losses | -$11,236,080 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $722,350 | OtherExpendituresAmt |
| End Year Balance | $43,570,462 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $51,579,957 | BeginningYearBalanceAmt |
| Contributions | $538,876 | ContributionsAmt |
| Investment Earnings Or Losses | $3,315,939 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $478,939 | OtherExpendituresAmt |
| End Year Balance | $54,955,833 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $53,825,471 | BeginningYearBalanceAmt |
| Contributions | $279,070 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,838,151 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $686,433 | OtherExpendituresAmt |
| End Year Balance | $51,579,957 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.69225 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.19935 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.10840 | 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 | $5,149,434 | OtherCostOrOtherBasisAmt |
| Book Value | $5,149,434 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $112,009,846 | OtherCostOrOtherBasisAmt |
| Depreciation | $37,123,865 | DepreciationAmt |
| Book Value | $74,885,981 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,915,413 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,752,030 | DepreciationAmt |
| Book Value | $2,163,383 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $14,603,635 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,871,375 | DepreciationAmt |
| Book Value | $1,732,260 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $947,450 | OtherCostOrOtherBasisAmt |
| Depreciation | $857,226 | DepreciationAmt |
| Book Value | $90,224 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $84,021,282 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| ANNUITIES PAYABLE | $333,468 |
| LEASE LIABILITY - OPERATING | $3,074,167 |
| LEASE LIABILITY - FINANCING | $327,035 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,734,670 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $43,412,001 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $5,437,282 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$16,416,985 | OtherRevenueAmt |
| Revenue Not Reported | -$10,979,703 | RevenueNotReportedAmt |
| Revenue Subtotal | $54,391,704 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $126,851 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $126,851 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $54,518,555 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $43,187,799 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $43,187,799 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $126,851 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $16,380,905 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $16,507,756 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $59,695,555 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART II, LINE 5: | FRAME HOUSE LISTED ON THE HISTORIC REGISTER IS USED AS OFFICES FOR GRADUATE ADMISSIONS. THE HOUSE IS LISTED AS A FIXED ASSET ON THE FINANCIALS AND MAINTENCE AND UTILITIES ARE EXPENSED AS DAILY OPERATIONAL. |
| PART V, LINE 4: | THE INTENT OF THE ENDOWMENT OF PIEDMONT COLLEGE IS TO PROVIDE SCHOLARSHIPS TO STUDENTS. |
| PART X, LINE 2: | THE UNIVERSITY QUALIFIES AS A TAX-EXEMPT UNIVERSITY AS DESCRIBED IN INTERNAL REVENUE CODE SECTION 501(C)(3) AND HAS BEEN CLASSIFIED BY THE IRS AS A PUBLICLY SUPPORTED ORGANIZATION AND NOT AS A PRIVATE FOUNDATION. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE UNIVERSITY'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE UNIVERSITY FOLLOWS THE STATUTORY REQUIREMENTS FOR ITS INCOME TAX ACCOUNTING AND GENERALLY AVOIDS RISKS ASSOCIATED WITH POTENTIALLY PROBLEMATIC TAX POSITIONS THAT MAY BE CHALLENGED UPON EXAMINATION. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | STUDENT AID, SCHOLARSHIPS AND FEES -16,380,905. CHANGE IN THE VALUE OF GIFT ANNUITY TRUSTS -36,080. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | STUDENT AID, SCHOLARSHIPS AND FEES 16,380,905. |
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 | ALL ADVERTISMENTS, SOLICITATIONS FOR STUDENTS AND STUDENT HANDBOOKS INCLUDE A STATEMENT THAT THE SCHOOL DOES NOT DISCRIMINATE. |
| SCHEDULE E, PART I, LINE 6 | PIEDMONT UNIVERSITY RECEIVES STUDENT FINANCIAL AID AWARDS FROM THE US DEPARTMENT OF EDUCATION, THE GEORGIA TUITION EQUILIZATION GRANT, HOPE FUNDS AND VARIOUS OTHER ASSISTANCE FROM THE STATE OF GEORGIA. |
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 AND GRANTS | GrantTypeTxt |
| Recipient | 1205 | RecipientCnt |
| Cash Grant | $16,380,905 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Valuation Method Used | N/A | ValuationMethodUsedDesc |
| Non Cash Assistance | N/A | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | PIEDMONT UNIVERSITY PARTICIPATES IN THE STUDENT FINANCIAL ASSISTANCE PROGRAMS THROUGH THE U.S. DEPARTMENT OF EDUCATION. FUNDS ARE AWARDED AND DISBURSED TO STUDENTS BASED ON THE DEPARTMENT OF EDUCATION GUIDELINES SET FORTH BY THE TITLE IV PROGRAMS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | 0 | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| 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 (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MARSHALL CRISER | ||||||||||||||
| PRESIDENT | $359,637 | $0 | $0 | $0 | $0 | $0 | $14,000 | $0 | $17,026 | $0 | $390,663 | $0 | $0 | $0 |
| BRANT WRIGHT | ||||||||||||||
| SR. VP OF FINANCE & ADMIN | $233,696 | $0 | $0 | $0 | $0 | $0 | $9,612 | $0 | $32,028 | $0 | $275,336 | $0 | $0 | $0 |
| KIMBERLY CRAWFORD | ||||||||||||||
| VP STUDENT LIFE & LEADERSHIP | $172,252 | $0 | $0 | $0 | $0 | $0 | $6,823 | $0 | $33,381 | $0 | $212,456 | $0 | $0 | $0 |
| KRISTI WILLIAMS | ||||||||||||||
| ASSOC. AP FIN./CONT. - THRU 2/24 | $166,339 | $0 | $0 | $0 | $0 | $0 | $6,876 | $0 | $33,345 | $0 | $206,560 | $0 | $0 | $0 |
| BRUCE WILLIS | ||||||||||||||
| VP ACADEMIC AFFAIRS - AS OF 5/23 | $165,618 | $0 | $0 | $0 | $0 | $0 | $6,279 | $0 | $9,036 | $0 | $180,933 | $0 | $0 | $0 |
| STEVE NIMMO | ||||||||||||||
| VP ACADEMIC AFFAIRS - THRU 7/23 | $136,773 | $0 | $0 | $0 | $0 | $0 | $3,965 | $0 | $25,897 | $0 | $166,635 | $0 | $0 | $0 |
| STEVEN JACOBS | ||||||||||||||
| DEAN COLLEGE OF ARTS AND SCIENCE | $127,252 | $0 | $0 | $0 | $0 | $0 | $5,350 | $0 | $32,651 | $0 | $165,253 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | CURRHAEE GOLF CLUB MEMBERSHIP REQUIRES BOTH SOCIAL AND GOLF - ATHLETICS UTILIZES THE GOLF AND THE PRESIDENT UTILIZES THE SOCIAL PORTION. THE MEMBERSHIP IS USED FOR OPERATIONS, NOT FOR PERSONAL USE, SO IT IS NOT INCLUDED IN TAXABLE COMPENSATION. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|
| THE HABERSHAM COUNTY DEVELOPMENT AUTHORITY | |||||||
| A | 521367808 | 2013-04-03 | $10,000,000 | FINANCE STUDENT COMMONS BUILDING | 0 | 0 | 0 |
| THE HABERSHAM COUNTY DEVELOPMENT AUTHORITY | |||||||
| B | 521367808 | 2014-09-17 | $8,000,000 | FINANCE VILLAGE DORMS BUILDINGS | 0 | 0 | 0 |
| THE HABERSHAM COUNTY DEVELOPMENT AUTHORITY | |||||||
| C | 521367808 | 2017-10-02 | $2,485,000 | REFUNDING SERIES 1999 AND SERIES 2 | 0 | 0 | 0 |
| THE HABERSHAM COUNTY DEVELOPMENT AUTHORITY | |||||||
| D | 521367808 | 2018-03-01 | $2,215,000 | REFUNDING SERIES 1999 AND SERIES 2 | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Other Spent ProceedsOtherSpentProceedsAmt |
|---|---|---|---|---|---|---|---|---|---|---|
| A | $4,669,677 | $10,000,000 | $10,000,000 | 2013 | 0 | 0 | 0 | Yes (1) | ||
| B | $3,004,218 | $8,000,000 | $7,931,315 | 2014 | 0 | 0 | 0 | Yes (1) | $68,685 | |
| C | $673,557 | $2,485,000 | Yes (1) | 0 | 0 | Yes (1) | $46,600 | $2,438,400 | ||
| D | $559,208 | $2,215,000 | Yes (1) | 0 | 0 | Yes (1) | $2,215,000 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| D | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| D | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
| D | Yes (1) |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE HABERSHAM COUNTY DEVELOPMENT AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 521367808 | BondIssuerEIN |
| Bond Issued | 2021-03-05 | BondIssuedDt |
| Issue Price | $10,000,000 | IssuePriceAmt |
| Purpose | FINANCE MYSTIC DORM, SERIES 2021 | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $133,261 | RetiredAmt |
| Total Proceeds | $10,000,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $168,160 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $9,831,840 | CapitalExpendituresAmt |
| Refunding Tax Exempt Bonds | 0 | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | 0 | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (1) | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF THE CHAIRPERSON, VICE CHAIRPERSON, AND SECRETARY OF THE BOARD PLUS FOUR ADDITIONAL MEMBERS ELECTED ANNUALLY BY THE BOARD AT THE FALL MEETING, WITH THEIR TERMS BEGINNING IMMEDIATELY FOLLOWING SAID MEETING. THE OFFICERS OF THE EXECUTIVE COMMITTEE SHALL BE THE SAME AS THE OFFICERS OF THE BOARD. A QUORUM SHALL BE A MAJORITY OF THE MEMBERS OF THE EXECUTIVE COMMITTEE. THIS COMMITTEE SHALL HAVE AUTHORITY TO CONSIDER AND TO DECIDE ALL QUESTIONS AFFECTING THE INTERESTS OF THE UNIVERSITY WHICH MAY BE BROUGHT BEFORE IT BETWEEN STATED MEETINGS OF THE BOARD, INCLUDING MATTERS WHICH ARE INITIALLY THE RESPONSIBILITY OF OTHER COMMITTEES OF THE BOARD, EXCEPT FOR THOSE ITEMS DESIGNATED AS REQUIRING THE ACTION OF THE BOARD, AND EXCEPT FOR ANY ALIENATION OF REAL PROPERTY AND ANY ACTION WHICH DIMINISHES THE INDEPENDENCE OF THE UNIVERSITY. THE EXECUTIVE COMMITTEE SHALL HAVE GENERAL OVERSIGHT OF ALL PERSONNEL MATTERS APPROPRIATE TO THE BOARD, EXCEPT THOSE EXPRESSLY RESERVED FOR ACTION BY THE BOARD. THE EXECUTIVE COMMITTEE APPROVES THE ANNUAL BUDGET AND PRESENTS BUDGET REPORTS TO THE FULL BOARD AT EACH BOARD MEETING. THE EXECUTIVE COMMITTEE SHALL ALSO TRANSACT SUCH BUSINESS AS MAY BE EXPRESSLY COMMITTED TO IT BY THE BOARD, INCLUDING ANY BUSINESS OTHERWISE EXPRESSLY RESERVED FOR THE BOARD. THE EXECUTIVE COMMITTEE SHALL SERVE AS AN ADVISORY COUNCIL FOR THE PRESIDENT. THE EXECUTIVE COMMITTEE SHALL NOT HAVE POWER TO AUTHORIZE A MERGER OR DISSOLUTION, OR THE SALE, PLEDGE, OR TRANSFER OF ALL OR SUBSTANTIALLY ALL OF THE CORPORATION'S ASSETS, OR THE ELECTION, APPOINTMENT, OR REMOVAL OF DIRECTORS, THE FILLING OF VACANCIES ON THE BOARD OR ON ANY OF ITS COMMITTEES, OR THE ADOPTION, AMENDMENT, OR REPEAL OF THE ARTICLES OF INCORPORATION OR BYLAWS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM. FORM 990 IS THEN REVIEWED IN DETAIL BY TOP MANAGEMENT AT THE UNIVERSITY, INCLUDING THE VICE PRESIDENT FOR ADMINISTRATION AND FINANCE AND THE CONTROLLER. EVERY MEMBER OF THE GOVERNING BODY IS PROVIDED WITH A COPY OF THE 990 PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY APPLIES TO ALL EMPLOYEES AND BOARD MEMBERS. CONFLICT OF INTEREST STATEMENTS ARE COMPLETED BY ALL MEMBERS OF THE GOVERNING BODY ON AN ANNUAL BASIS. THESE STATEMENTS ARE MONITORED BY THE PRESIDENT'S OFFICE AND THE SENIOR ADMINISTRATION. IF A CONFLICT OF INTEREST ARISES, SENIOR MANAGEMENT INVESTIGATES AND SEEKS ADVICE FROM THE CHAIRPERSON AND EXECUTIVE COMMITTEE WHEN NECESSARY. LEGAL ADVICE WILL BE SOUGHT WHEN NEEDED. A KNOWN CONFLICT WOULD PREVENT THE PARTIES OF SUCH CONFLICT FROM PARTICIPATING IN THE RELEVANT ACTIONS/EVENTS UP TO AND INCLUDING THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN THE TRANSACTION. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE PROCESS FOR DETERMINING COMPENSATION OF THE PRESIDENT SALARY INCLUDED A REVIEW AND APPROVAL BY THE BOARD CHAIRMAN AND EXECUTIVE COMMITTEE AS WELL AS REVIEW FORM 990 OF OTHER ORGANIZATIONS. THE MOST RECENT REVIEW AND APPROVAL FOR THE PRESIDENT'S COMPENSATION WAS OCTOBER OF 2021. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | CHANGE IN LIABILITY ANNUITY -36,080. |