LINCOLN UNIVERSITY: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- LINCOLN UNIVERSITY (EIN 23-1352655)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-05-15
- IRS object ID
- 202531359349310343
- 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 O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-15T13:38:50-05:00 | 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 | TWO INTERNATIONAL PLACE 22ND FLOOR | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | 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 | 231352655 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LINCOLN UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LINC | BusinessNameControlTxt |
| Phone | 4843658000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1570 BALTIMORE PIKE | AddressLine1Txt |
| City | LINCOLN UNIVERSITY | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 193520999 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILBOURNE RUSERE | PersonNm |
| Person Title | VP OF FINANCE & ADMINISTRATION | PersonTitleTxt |
| Phone | 4843658000 | PhoneNum |
| Signature | 2025-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LAURA J KENNEY | PreparerPersonNm |
| PTIN | P00202198 | PTIN |
| Phone | 6177170831 | PhoneNum |
| Preparation | 2025-05-15 | 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 | WILBOURNE RUSERE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1570 BALTIMORE PIKE | AddressLine1Txt |
| City | LINCOLN UNIVERSITY | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 193520999 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $86,503,371 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LINCOLN.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Other Organization Dsc | UNIVERSITY | OtherOrganizationDsc |
| Formation | 1854 | FormationYr |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Activity Or Mission | SEE SCHEDULE OLINCOLN UNIVERSITY IS A PUBLIC, HISTORICALLY BLACK UNIVERSITY (HBCU) THAT PROVIDES A LIBERAL ARTS EDUCATION ON THE UNDERGRADUATE LEVEL ON ITS MAIN, RESIDENTIAL CAMPUS IN CHESTER COUNTY, PA; AND PROFESSIONAL AND CONTINUING EDUCATION PROGRAMS ON ITS URBAN CAMPUS IN PHILADELPHIA. | ActivityOrMissionDesc |
| Voting Members Governing Body | 32 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 30 | VotingMembersIndependentCnt |
| Total Employee | 918 | TotalEmployeeCnt |
| Total Volunteers | 250 | TotalVolunteersCnt |
| Total Gross UBI | $413,446 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $20,754,938 | PYContributionsGrantsAmt |
| CY Contributions Grants | $24,980,179 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $37,611,485 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $60,392,649 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,601 | PYInvestmentIncomeAmt |
| CY Investment Income | $175,036 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,891,768 | PYOtherRevenueAmt |
| CY Other Revenue | $596,260 | CYOtherRevenueAmt |
| PY Total Revenue | $60,260,792 | PYTotalRevenueAmt |
| CY Total Revenue | $86,144,124 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,409,704 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $16,246,728 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $33,961,272 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $34,076,286 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,364,248 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $36,470,008 | PYOtherExpensesAmt |
| CY Other Expenses | $38,748,099 | CYOtherExpensesAmt |
| PY Total Expenses | $72,840,984 | PYTotalExpensesAmt |
| CY Total Expenses | $89,071,113 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$12,580,192 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$2,926,989 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $305,378,364 | TotalAssetsBOYAmt |
| Total Assets EOY | $333,454,793 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $38,284,513 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $36,404,275 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $267,093,851 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $297,050,518 | NetAssetsOrFundBalancesEOYAmt |
| Mission | LINCOLN UNIVERSITY IS A PUBLIC, HISTORICALLY BLACK UNIVERSITY (HBCU) THAT PROVIDES A LIBERAL ARTS BASED, UNDERGRADUATE EDUCATION ON ITS MAIN RESIDENTIAL CAMPUS IN CHESTER COUNTY, PENNSYLVANIA; AND PROFESSIONAL PROGRAMS ON ITS URBAN CAMPUS IN PHILADELPHIA. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $71,500,067 | ExpenseAmt |
| Grant | $16,246,728 | GrantAmt |
| Revenue | $60,392,649 | RevenueAmt |
| Desc | EDUCATION, GENERAL/OTHER: ACADEMIC SUPPORT, STUDENT SERVICES AND SCHOLARSHIPS. THESE PROGRAMS PROVIDE GENERAL SUPPORT TO STUDENTS FOR HOUSING, FINANCIAL AID, COUNSELING, HEALTH INSURANCE AND STUDENT GOVERNMENT, INSTRUCTION AND LIBRARY, AUXILIARY ENTERPRISES, COST OF STUDENT HOUSING AND MEALS, RESEARCH AND SPONSORED PROGRAMS PRIMARILY CONSISTING OF GRANTS FUNDED BY FEDERAL, STATE, AND LOCAL GOVERNMENTS TO SUPPORT THE UNIVERSITY'S INSTRUCTIONAL MISSION. | Desc |
| Total Program Service Expenses | $71,500,067 | 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 | 0 | 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 | Yes (1) | 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 | 348 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 918 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| 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 | 32 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 30 | 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 | Yes (1) | 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 | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| 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 |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILBOURNE RUSERE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4843658000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1570 BALTIMORE PIKE | AddressLine1Txt |
| City | LINCOLN UNIVERSITY | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 193520999 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (47 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| DR BRENDA A ALLEN | ||||||||
| PRESIDENT | 37.50 | 2.50 | Yes (X) | Yes (X) | $436,092 | $0 | $110,467 | |
| AVA WILLIS BARKSDALE | ||||||||
| VP OF ADVANCEMENT | 2.50 | 37.50 | Yes (X) | $226,268 | $0 | $30,643 | ||
| CHARLES GRADOWSKI | ||||||||
| VP OF FINANCE & ADMIN TO DEC 2023 | 37.50 | 2.50 | Yes (X) | $192,962 | $0 | $29,802 | ||
| DR PATRICIA JOSEPH | ||||||||
| PROVOST & DEAN OF FACULTY | 37.50 | 0.00 | Yes (X) | $184,428 | $0 | $28,727 | ||
| DR LENETTA LEE | ||||||||
| VP OF STUDENT SUCCESS | 37.50 | 0.00 | Yes (X) | $185,711 | $0 | $20,842 | ||
| DR KEVIN FAVOR | ||||||||
| PROFESSOR | 37.50 | 0.00 | $173,509 | $0 | $17,177 | Yes (X) | ||
| YEDA L AUTEN-ARSCOTT | ||||||||
| ASSOCIATE VP OF FACILITIES | 37.50 | 0.00 | $161,706 | $0 | $16,070 | Yes (X) | ||
| DR WILLIAM DADSON | ||||||||
| PROFESSOR | 37.50 | 0.00 | $150,566 | $0 | $21,637 | Yes (X) | ||
| DR TIFFANY LEE | ||||||||
| CHIEF OPERATING OFFICER | 37.50 | 0.00 | Yes (X) | $144,401 | $0 | $24,981 | ||
| JAKE TANKSLEY | ||||||||
| VP OF HUMAN RESOURCES | 37.50 | 0.00 | Yes (X) | $143,046 | $0 | $24,757 | ||
| ROBERT MILLETTE | ||||||||
| PROFESSOR | 37.50 | 0.00 | $127,553 | $0 | $26,964 | Yes (X) | ||
| DANA ROBERT FLINT | ||||||||
| PROFESSOR | 37.50 | 0.00 | $130,029 | $0 | $23,501 | Yes (X) | ||
| JUSTIN MCKENZIE | ||||||||
| CHIEF INFORMATION OFFICER | 37.50 | 0.00 | Yes (X) | $142,304 | $0 | $2,003 | ||
| DR KAREN BASKERVILLE | ||||||||
| TRUSTEE - FACULTY REPRESENTATIVE | 37.50 | 0.00 | Yes (X) | $101,582 | $0 | $13,122 | ||
| WILBOURNE RUSERE | ||||||||
| VP OF FINANCE & ADMIN AS OF JAN 2024 | 37.50 | 2.50 | Yes (X) | $0 | $0 | $0 | ||
| GERALD BRUCE | ||||||||
| CHAIR | 0.25 | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JAMES W JORDAN | ||||||||
| VICE CHAIR | 0.25 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JALILA PARKER | ||||||||
| SECRETARY | 0.25 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| HENRY M LANCASTER II | ||||||||
| PARLIMENTARIAN | 0.25 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ROBERT L ARCHIE JR | ||||||||
| TRUSTEE | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| STEVEN BOARD | ||||||||
| TRUSTEE | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| HASHONE CARRY | ||||||||
| TRUSTEE | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| OWEN COOKS | ||||||||
| TRUSTEE | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| VAN CORBIN | ||||||||
| TRUSTEE | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| HONORABLE ANDREW E DINNIMAN | ||||||||
| TRUSTEE | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM F DUNBAR | ||||||||
| TRUSTEE | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL HANCOCK | ||||||||
| TRUSTEE | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DR TIFFANY L HARRISON | ||||||||
| TRUSTEE | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| LISA MB JOHNSON | ||||||||
| TRUSTEE | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DR MARY JOHNSON-OSIRIM | ||||||||
| TRUSTEE | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| NANDI JONES-CLEMENT | ||||||||
| TRUSTEE | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DR WILBERT LAVIEST | ||||||||
| TRUSTEE | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| BERTRAM L LAWSON II | ||||||||
| TRUSTEE | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| STEVEN KENRIC LEWIS | ||||||||
| TRUSTEE | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| EVERRETT LOVE | ||||||||
| TRUSTEE | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DR KHALID N MUMIN | ||||||||
| TRUSTEE | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DR RODNEY S RIDLEY | ||||||||
| TRUSTEE | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DR CHARMAINE SPENCE ROCHESTER | ||||||||
| TRUSTEE | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOSE SABASTRO | ||||||||
| TRUSTEE | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| HONORABLE JOSH SHAPIRO | ||||||||
| TRUSTEE | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SANDRA F SIMMONS | ||||||||
| TRUSTEE | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KEVIN E VAUGHAN | ||||||||
| TRUSTEE | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DR COREY DB WALKER | ||||||||
| TRUSTEE | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOSEPH V WILLIAMS JR | ||||||||
| TRUSTEE | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| GREGORY S WORKS | ||||||||
| TRUSTEE | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT A ALLEN | ||||||||
| TRUSTEE TO SEP 2023 | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| REV DR FRANCES E PAUL | ||||||||
| TRUSTEE TO SEP 2023 | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,500,157 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $390,693 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 51 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ARAMARK MANAGEMENT SERVICES | |||||
| 1741 BUSINESS CENTER DRIVE | RESTON | VA | 20190 | FACILITIES MAINTENANCE CONTRACT | $6,526,523 |
| THOMPSON HOSPITALITY | |||||
| 505 HUNTMAR PARK DRIVE SUITE 350 | HERNDON | VA | 20170 | FOOD SERVICE PROVIDER | $5,317,856 |
| CDW GOVERNMENT INC | |||||
| 230 N MILWAUKEE AVENUE | VERNON HILLS | IL | 60061 | IT HARDWARE | $1,748,091 |
| ELLUCIAN COMPANY | |||||
| 2003 EDMOND HALLEY DR SUITE 500 | RESTON | VA | 20191 | SOFTWARE | $1,233,081 |
| GRADUATE PROGRAM RECRUITMENT SOLUTIONS | |||||
| 121 N MAIN ST STE 109 | SOUDERTON | PA | 18967 | MARKETING & COMMUNICATIONS | $815,266 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 49 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $4,500,000 | RelatedOrganizationsAmt |
| Government Grants | $18,401,000 | GovernmentGrantsAmt |
| All Other Contributions | $2,079,179 | AllOtherContributionsAmt |
| Total Contributions | $24,980,179 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611310 | $35,062,481 | $35,062,481 |
| ROOM AND BOARD | 611310 | $17,596,509 | $17,596,509 |
| CONTRACTS & SPONSORED ACTIVITIES | 611310 | $7,733,659 | $7,733,659 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $60,392,649 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $175,036 | TotalRevenueColumnAmt |
| Exclusion | $175,036 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $686,285 | PersonalAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $0 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $686,285 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $686,285 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $503,471 | UnrelatedBusinessRevenueAmt |
| Exclusion | $182,814 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $269,222 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $359,247 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$90,025 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$90,025 | UnrelatedBusinessRevenueAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $86,144,124 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $60,392,649 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $413,446 | UnrelatedBusinessRevenueAmt |
| Exclusion | $357,850 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,246,728 | TotalAmt |
| Program Services | $16,246,728 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,657,688 | TotalAmt |
| Management And General | $3,605,317 | ManagementAndGeneralAmt |
| Fundraising | $52,371 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,410,021 | TotalAmt |
| Program Services | $20,315,997 | ProgramServicesAmt |
| Management And General | $1,334,874 | ManagementAndGeneralAmt |
| Fundraising | $759,150 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,281,754 | TotalAmt |
| Program Services | $1,553,263 | ProgramServicesAmt |
| Management And General | $675,205 | ManagementAndGeneralAmt |
| Fundraising | $53,286 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,678,301 | TotalAmt |
| Program Services | $2,052,019 | ProgramServicesAmt |
| Management And General | $1,496,044 | ManagementAndGeneralAmt |
| Fundraising | $130,238 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,048,522 | TotalAmt |
| Program Services | $1,395,012 | ProgramServicesAmt |
| Management And General | $597,440 | ManagementAndGeneralAmt |
| Fundraising | $56,070 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,241 | TotalAmt |
| Management And General | $40,241 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $151,380 | TotalAmt |
| Management And General | $151,380 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95,110 | TotalAmt |
| Management And General | $95,110 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,842,945 | TotalAmt |
| Program Services | $12,387,738 | ProgramServicesAmt |
| Management And General | $1,432,468 | ManagementAndGeneralAmt |
| Fundraising | $22,739 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,422,253 | TotalAmt |
| Program Services | $29,867 | ProgramServicesAmt |
| Management And General | $1,385,784 | ManagementAndGeneralAmt |
| Fundraising | $6,602 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,323,529 | TotalAmt |
| Program Services | $2,160,791 | ProgramServicesAmt |
| Management And General | $951,371 | ManagementAndGeneralAmt |
| Fundraising | $211,367 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $385,424 | TotalAmt |
| Program Services | $359,534 | ProgramServicesAmt |
| Management And General | $25,890 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,011,339 | TotalAmt |
| Program Services | $5,870,275 | ProgramServicesAmt |
| Management And General | $130,675 | ManagementAndGeneralAmt |
| Fundraising | $10,389 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $457,809 | TotalAmt |
| Program Services | $444,166 | ProgramServicesAmt |
| Management And General | $13,368 | ManagementAndGeneralAmt |
| Fundraising | $275 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,646,081 | TotalAmt |
| Program Services | $1,307,097 | ProgramServicesAmt |
| Management And General | $277,223 | ManagementAndGeneralAmt |
| Fundraising | $61,761 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,671,049 | TotalAmt |
| Management And General | $2,671,049 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,836,385 | TotalAmt |
| Program Services | $6,836,385 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,323,647 | TotalAmt |
| Program Services | $6,887 | ProgramServicesAmt |
| Management And General | $1,316,760 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | REPAIRS & MAINTENANCE | Desc |
| Total | $540,907 | TotalAmt |
| Program Services | $534,308 | ProgramServicesAmt |
| Management And General | $6,599 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,071,113 | TotalAmt |
| Program Services | $71,500,067 | ProgramServicesAmt |
| Management And General | $16,206,798 | ManagementAndGeneralAmt |
| Fundraising | $1,364,248 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $871,304 | BOYAmt |
| EOY | $6,606,025 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,885,177 | BOYAmt |
| EOY | $846,046 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,939,049 | BOYAmt |
| EOY | $4,964,152 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,720,423 | BOYAmt |
| EOY | $1,906,663 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $201,389 | BOYAmt |
| EOY | $189,562 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $812,507 | BOYAmt |
| EOY | $508,140 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $441,609,840 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $184,616,167 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $244,646,991 | BOYAmt |
| EOY | $256,993,673 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $47,079,658 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,509,248 | BOYAmt |
| EOY | $2,010,469 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,792,276 | BOYAmt |
| EOY | $12,350,405 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $305,378,364 | BOYAmt |
| EOY | $333,454,793 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,926,887 | BOYAmt |
| EOY | $4,084,703 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,984,523 | BOYAmt |
| EOY | $1,536,940 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,690,420 | BOYAmt |
| EOY | $23,990,453 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,273,996 | BOYAmt |
| EOY | $3,347,212 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,218,035 | BOYAmt |
| EOY | $886,570 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,190,652 | BOYAmt |
| EOY | $2,558,397 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,284,513 | BOYAmt |
| EOY | $36,404,275 | 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 | $30,872,568 | BOYAmt |
| EOY | $44,873,610 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $236,221,283 | BOYAmt |
| EOY | $252,176,908 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $267,093,851 | BOYAmt |
| EOY | $297,050,518 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $305,378,364 | BOYAmt |
| EOY | $333,454,793 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$2,926,989 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $4,459,713 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | $15,552,686 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $12,871,257 | 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 |
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) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $54,129,563 | BeginningYearBalanceAmt |
| Contributions | $102,570 | ContributionsAmt |
| Investment Earnings Or Losses | $4,459,711 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,271,913 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $95,110 | AdministrativeExpensesAmt |
| End Year Balance | $56,324,821 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $48,966,813 | BeginningYearBalanceAmt |
| Contributions | $537,499 | ContributionsAmt |
| Investment Earnings Or Losses | $5,552,607 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,030,282 | GrantsOrScholarshipsAmt |
| Administrative Expenses | -$102,926 | AdministrativeExpensesAmt |
| End Year Balance | $54,129,563 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $57,097,013 | BeginningYearBalanceAmt |
| Contributions | $309,448 | ContributionsAmt |
| Investment Earnings Or Losses | -$7,207,298 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,442,598 | GrantsOrScholarshipsAmt |
| Administrative Expenses | -$210,248 | AdministrativeExpensesAmt |
| End Year Balance | $48,966,813 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $45,469,662 | BeginningYearBalanceAmt |
| Contributions | $341,529 | ContributionsAmt |
| Investment Earnings Or Losses | $12,464,918 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,279,096 | GrantsOrScholarshipsAmt |
| Administrative Expenses | -$100,000 | AdministrativeExpensesAmt |
| End Year Balance | $57,097,013 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $45,713,731 | BeginningYearBalanceAmt |
| Contributions | $322,491 | ContributionsAmt |
| Investment Earnings Or Losses | $846,288 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $709,808 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $703,040 | AdministrativeExpensesAmt |
| End Year Balance | $45,469,662 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.11371 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.30880 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.57749 | 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 | $1,753,058 | OtherCostOrOtherBasisAmt |
| Book Value | $1,753,058 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $332,819,551 | OtherCostOrOtherBasisAmt |
| Depreciation | $136,733,992 | DepreciationAmt |
| Book Value | $196,085,559 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $83,197,407 | OtherCostOrOtherBasisAmt |
| Depreciation | $24,658,436 | DepreciationAmt |
| Book Value | $58,538,971 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $23,839,824 | OtherCostOrOtherBasisAmt |
| Depreciation | $23,223,739 | DepreciationAmt |
| Book Value | $616,085 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $256,993,673 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ASSET RETIREMENT OBLIGATION | $651,734 |
| GOVERNMENT ADVANCES FOR STUDENT LOANS | $1,906,663 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,558,397 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $93,412,986 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $4,459,711 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $19,150,989 | OtherRevenueAmt |
| Revenue Not Reported | $23,610,700 | RevenueNotReportedAmt |
| Revenue Subtotal | $69,802,286 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $95,110 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $16,246,728 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $16,341,838 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $86,144,124 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $79,009,007 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $6,279,732 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $6,279,732 | ExpensesNotReportedAmt |
| Expenses Subtotal | $72,729,275 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $95,110 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $16,246,728 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $16,341,838 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $89,071,113 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 1A: | THE UNIVERSITY MAINTAINS COLLECTIONS OF ART AND LITERATURE. THE COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE UNIVERSITY'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS IN THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED, OR AS NET ASSETS WITH DONOR RESTRICTIONS, IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. CONTRIBUTED ITEMS ARE NOT REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. PROCEEDS FROM THE DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. |
| PART III, LINE 4: | THE UNIVERSITY'S COLLECTIONS ARE MADE UP OF ARTIFACTS OF HISTORICAL SIGNIFICANCE, SCIENTIFIC SPECIMENS AND ART OBJECTS THAT ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC AND CURATORIAL PURPOSES. |
| PART V, LINE 4: | ENDOWMENT FUNDS ARE PRIMARILY ALLOCATED FOR FINANCIAL ASSISTANCE FOR STUDENTS ATTENDING THE UNIVERSITY. |
| PART X, LINE 2: | THE UNIVERSITY IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). INCOME, WHICH UNRELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, MAY BE SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES AS UNRELATED BUSINESS INCOME. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A MORE LIKELY THAN NOT RECOGNITION THRESHOLD OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE UNIVERSITY PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITION FOR THE YEAR ENDED JUNE 30, 2024, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR WHICH MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. THE UNIVERSITY'S POLICY IS TO RECOGNIZE INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST INCOME AND PENALTIES IN OPERATING EXPENSES. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | STATE CONTRIBUTIONS FOR CAPITAL PROJECTS 19,814,651. ENDOWMENT CONTRIBUTIONS 1,117,403. CHANGE IN BENEFICIAL INTEREST IN LINCOLN UNIVERSITY FOUNDATION -1,781,065. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | STUDENT AID 16,246,728. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | DEPRECIATION OF STATE CONTRIBUTED ASSETS 6,279,732. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | STUDENT AID 16,246,728. |
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 | 0 | 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 | THE UNIVERSITY'S RACIAL, NONDISCRIMINATORY POLICY IS PUBLISHED IN THE STUDENT HANDBOOK AND MEDIA ADVERTISEMENTS. A LINK TO THE NONDISCRIMINATORY POLICY WITH REGARD TO STUDENTS IS POSTED ON THE UNIVERSITY'S WEBSITE HOMEPAGE. |
| SCHEDULE E, PART I, LINE 6 | AS A STATE-RELATED UNIVERSITY, LINCOLN UNIVERSITY RECEIVES DIRECT APPROPRIATION FROM THE COMMONWEALTH OF PENNSYLVANIA. ADDITIONALLY, STUDENTS RECEIVE STATE AND TITLE IV FEDERAL AID THAT IS PAYABLE TO THE UNIVERSITY AND APPLIED TO STUDENTS' TUITION AND FEES. TITLE IV AID INCLUDES PELL GRANTS, SUPPLEMENTAL EDUCATION OPPORTUNITY GRANTS (SEOG), AND ACADEMIC COMPETITIVENESS GRANTS (ACG), ALONG WITH FEDERAL LOANS. STATE AID FROM THE COMMONWEALTH INCLUDES PENNSYLVANIA HIGHER EDUCATION ASSISTANCE AGENCY (PHEAA) GRANTS. |
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 | GrantTypeTxt |
| Recipient | 1219 | RecipientCnt |
| Cash Grant | $16,246,728 | 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 | AWARDS ARE APPLIED DIRECTLY TO STUDENT ACCOUNTS. SCHOLARSHIPS ARE PROVIDED IN AN OBJECTIVE AND NONDISCRIMINATORY MANNER. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| 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 (12 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DR BRENDA A ALLEN | ||||||||||||||
| PRESIDENT | $436,092 | $0 | $0 | $0 | $0 | $0 | $30,500 | $0 | $79,967 | $0 | $546,559 | $0 | $0 | $0 |
| AVA WILLIS BARKSDALE | ||||||||||||||
| VP OF ADVANCEMENT | $226,268 | $0 | $0 | $0 | $0 | $0 | $21,075 | $0 | $9,568 | $0 | $256,911 | $0 | $0 | $0 |
| CHARLES GRADOWSKI | ||||||||||||||
| VP OF FINANCE & ADMIN TO DEC 2023 | $192,962 | $0 | $0 | $0 | $0 | $0 | $19,380 | $0 | $10,422 | $0 | $222,764 | $0 | $0 | $0 |
| DR PATRICIA JOSEPH | ||||||||||||||
| PROVOST & DEAN OF FACULTY | $184,428 | $0 | $0 | $0 | $0 | $0 | $18,360 | $0 | $10,367 | $0 | $213,155 | $0 | $0 | $0 |
| DR LENETTA LEE | ||||||||||||||
| VP OF STUDENT SUCCESS | $185,711 | $0 | $0 | $0 | $0 | $0 | $9,684 | $0 | $11,158 | $0 | $206,553 | $0 | $0 | $0 |
| DR KEVIN FAVOR | ||||||||||||||
| PROFESSOR | $173,509 | $0 | $0 | $0 | $0 | $0 | $17,177 | $0 | $0 | $0 | $190,686 | $0 | $0 | $0 |
| YEDA L AUTEN-ARSCOTT | ||||||||||||||
| ASSOCIATE VP OF FACILITIES | $161,706 | $0 | $0 | $0 | $0 | $0 | $16,070 | $0 | $0 | $0 | $177,776 | $0 | $0 | $0 |
| DR WILLIAM DADSON | ||||||||||||||
| PROFESSOR | $150,566 | $0 | $0 | $0 | $0 | $0 | $10,575 | $0 | $11,062 | $0 | $172,203 | $0 | $0 | $0 |
| DR TIFFANY LEE | ||||||||||||||
| CHIEF OPERATING OFFICER | $144,401 | $0 | $0 | $0 | $0 | $0 | $14,559 | $0 | $10,422 | $0 | $169,382 | $0 | $0 | $0 |
| JAKE TANKSLEY | ||||||||||||||
| VP OF HUMAN RESOURCES | $143,046 | $0 | $0 | $0 | $0 | $0 | $14,557 | $0 | $10,200 | $0 | $167,803 | $0 | $0 | $0 |
| ROBERT MILLETTE | ||||||||||||||
| PROFESSOR | $127,553 | $0 | $0 | $0 | $0 | $0 | $13,418 | $0 | $13,546 | $0 | $154,517 | $0 | $0 | $0 |
| DANA ROBERT FLINT | ||||||||||||||
| PROFESSOR | $130,029 | $0 | $0 | $0 | $0 | $0 | $13,079 | $0 | $10,422 | $0 | $153,530 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | PRESIDENT IS CONTRACTUALLY REQUIRED TO RESIDE ON CAMPUS. PRESIDENT'S RESIDENCE IS ALSO USED FOR VARIOUS UNIVERSITY AND BOARD FUNCTIONS. HOUSEKEEPING AND MAINTENANCE ARE PROVIDED FOR BY THE UNIVERSITY AND ARE DEEMED NONTAXABLE. | ExplanationTxt |
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 | REVENUE REFUNDING BONDS SERIES A OF 2023 (TAX-EXEMPT)(SOCIAL BONDS) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 231352655 | BondIssuerEIN |
| CUSIP | 53500AAA9 | CUSIPNum |
| Bond Issued | 2023-12-21 | BondIssuedDt |
| Issue Price | $23,804,712 | IssuePriceAmt |
| Purpose | SEE SCHEDULE K, PART VI | 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 |
| Total Proceeds | $25,785,000 | TotalProceedsAmt |
| In Reserve Fund | $2,379,347 | InReserveFundAmt |
| Issuance Costs From Proceeds | $603,083 | IssuanceCostsFromProceedsAmt |
| Other Spent Proceeds | $20,886,585 | OtherSpentProceedsAmt |
| Substantial Completion | 2016 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | 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 |
| Private Bus Use By Others | 0.00000 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00000 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUsePct |
| 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 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE K, PART I, COLUMN (F): DESCRIPTION OF PURPOSE | (A) REFUNDING A TERM LOAN THAT REFUNDED THE SERIES 2013 NOTES, FUNDING A DEPOSIT TO THE DEBT SERVICE RESERVE FUND FOR THE SERIES 2023 BONDS, AND PAYING ALL OR A PORTION OF THE COSTS OF ISSUANCE OF THE SERIES 2023 BONDS. |
| SCHEDULE K, PART II, LINE 3: TOTAL PROCEEDS OF ISSUE | (A) THE TOTAL PROCEEDS OF ISSUE INCLUDES BOND DISCOUNT OF $1,980,288 THAT IS NOT INCLUDED IN THE ISSUE PRICE REPORTED IN SCHEDULE K, PART I, COLUMN (E). |
| SCHEDULE K, PART II, LINE 4: GROSS PROCEEDS IN RESERVE FUNDS | (A) GROSS PROCEEDS IN RESERVE FUNDS INCLUDES INVESTMENT EARNINGS OF $64,303. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | THE EXECUTIVE COMMITTEE CONSISTS OF THE CHAIR OF THE BOARD, ELECTED OFFICERS OF THE BOARD, BOARD COMMITTEE CHAIRPERSONS, THE PRESIDENT, EX-OFFICIO, AND NOT LESS THAN ELEVEN NOR MORE THAN THIRTEEN MEMBERS APPOINTED BY THE CHAIR OF THE BOARD, SUBJECT TO THE APPROVAL OF THE BOARD. EXCEPT FOR THE APPOINTMENT OR TERMINATION OF THE PRESIDENT, THE EXECUTIVE COMMITTEE HAS AND MAY EXERCISE THE AUTHORITY OF THE BOARD OF TRUSTEES IN THE MANAGEMENT OF THE UNIVERSITY. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE GOVERNOR OF THE COMMONWEALTH OF PENNSYLVANIA, THE SECRETARY OF EDUCATION OF THE COMMONWEALTH, AND THE PRESIDENT OF THE UNIVERSITY ARE REQUIRED TO BE MEMBERS OF THE BOARD OF TRUSTEES. FOUR TRUSTEES ARE APPOINTED BY THE GOVERNOR, WITH THE ADVICE AND CONSENT OF TWO-THIRDS OF ALL THE MEMBERS OF THE SENATE, AND FOUR BY THE PRESIDENT PRO TEMPORE OF THE SENATE, AND FOUR BY THE SPEAKER OF THE HOUSE OF REPRESENTATIVES. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM WITH INFORMATION PROVIDED BY MANAGEMENT. A COPY IS PROVIDED TO THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BOARD OF TRUSTEES MONITORS AND TRACKS COMPLIANCE WITH THE UNIVERSITY'S CONFLICT OF INTEREST POLICY. ISSUANCE AND COLLECTION OF ANNUAL STATEMENTS IS COORDINATED BY THE VICE PRESIDENT OF FINANCE & ADMINISTRATION. THE CHAIR OF THE BOARD AND THE CHAIR OF THE AUDIT COMMITTEE ARE PROVIDED WITH COPIES OF ALL STATEMENTS. ENFORCEMENT OF THE POLICY AND OVERSIGHT OF ANY REPORTED CONFLICTS ARE ADJUDICATED BY THE TWO CHAIRS. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE BOARD SETS AND APPROVES THE PRESIDENT'S COMPENSATION. ALL OTHER EMPLOYEE COMPENSATION IS ADMINISTERED BY THE UNIVERSITY'S HUMAN RESOURCES DEPARTMENT THROUGH THE UNIVERSITY'S BUDGET PROCESS. THE BOARD AND VARIOUS BOARD COMMITTEES ARE PROVIDED WITH THE YEARLY OPERATING AND CAPITAL BUDGET DETAILS, WHICH ARE REVIEWED AND APPROVED BY A BOARD RESOLUTION. AN INDEPENDENT COMMITTEE OF TRUSTEES USES APPROPRIATE, COMPARABLE COMPENSATION DATA, AND THE DELIBERATIONS AND DECISIONS ARE TIMELY DOCUMENTED. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FOLLOWING ARE POSTED ON THE UNIVERSITY'S WEBSITE: UNIVERSITY'S BY-LAWS, UNIVERSITY POLICIES, ALL RESOLUTIONS PASSED BY THE BOARD OF TRUSTEES, MEETING MINUTES OF THE BOARD OF TRUSTEES, A LISTING OF ALL BOARD MEMBERS, A LISTING OF THE UNIVERSITY'S FIVE HIGHEST PAID EMPLOYEES, THE IRS FORM 990, AND THE ANNUAL FINANCIAL AUDIT. |
| FORM 990, PART IX, LINE 11G | OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 12,387,738. MANAGEMENT AND GENERAL EXPENSES 1,432,468. FUNDRAISING EXPENSES 22,739. TOTAL EXPENSES 13,842,945. |
| FORM 990, PART XI, LINE 9: | STATE CONTRIBUTIONS FOR CAPITAL PROJECTS 19,814,651. ENDOWMENT CONTRIBUTIONS 1,117,403. DEPRECIATION OF STATE CONTRIBUTED ASSETS -6,279,732. CHANGE IN BENEFICIAL INTEREST IN LINCOLN UNIVERSITY FOUNDATION -1,781,065. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LINCOLN UNIVERSITY FOUNDATION OF PA | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1570 BALTIMORE PIKE | AddressLine1Txt |
| City | LINCOLN UNIVERSITY | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 193520999 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 842085409 | EIN |
| Primary Activities | FUNDRAISING FOR LINCOLN UNIVERSITY | PrimaryActivitiesTxt |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 12C, III-FI | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |