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BARRY UNIVERSITY INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
BARRY UNIVERSITY INC (EIN 59-0624364)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-12
IRS object ID
202541329349304539
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-12T14:02:28+00:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN332621854PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CRI Capin Crouse Advisors LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1345 Massachusetts Ave Suite 300AddressLine1Txt
CityIndianapolisCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN590624364EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Barry University IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBARRBusinessNameControlTxt
Phone3058993050PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line111300 NE 2nd AvenueAddressLine1Txt
CityMiami ShoresCityNm
State AbbreviationFLStateAbbreviationCd
ZIP331616695ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSusan RosenthalPersonNm
Person TitleVP for Business & FinancePersonTitleTxt
Phone3058993050PhoneNum
Signature2025-05-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDaren DaigaPreparerPersonNm
PTINP01074795PTIN
Phone5055022746PhoneNum
Preparation2025-05-12PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1Dr Michael AllenBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line111300 NE 2nd AvenueAddressLine1Txt
CityMiami ShoresCityNm
State AbbreviationFLStateAbbreviationCd
ZIP331616695ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$199,625,637GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Group Exemption0928GroupExemptionNum
Organization501c3Yes (X)Organization501c3Ind
Website Addresshttp://www.barry.eduWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1940FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionA Catholic institution of higher education, Barry University was founded in 1940 by the Adrian Dominican Sisters. Grounded in the liberal arts tradition, we are a scholarly community committed to the highest academic standards in undergraduate, graduate, and professional education. In the Catholic intellectual tradition, integration of study, reflection, and action inform the intellectual life. Faithful to this tradition, a Barry education and university experience foster individual and communal transformation where learning leads to knowledge and truth, reflection leads to informed action, and a commitment to social justice leads to a collaborative service. Barry University provides opportunities for affirming our Catholic identity, Dominican heritage, and collegiate traditions. Catholic beliefs and values are enriched by ecumenical and interfaith dialogue. Through worship and ritual, we celebrate our religious identity while remaining a university community where all are welcome.ActivityOrMissionDesc
Voting Members Governing Body34VotingMembersGoverningBodyCnt
Voting Members Independent31VotingMembersIndependentCnt
Total Employee2464TotalEmployeeCnt
Total Volunteers247TotalVolunteersCnt
Total Gross UBI$163,969TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$11,009,392PYContributionsGrantsAmt
CY Contributions Grants$7,576,561CYContributionsGrantsAmt
PY Program Service Revenue$178,906,592PYProgramServiceRevenueAmt
CY Program Service Revenue$180,293,105CYProgramServiceRevenueAmt
PY Investment Income$754,828PYInvestmentIncomeAmt
CY Investment Income$1,861,711CYInvestmentIncomeAmt
PY Other Revenue$4,299,800PYOtherRevenueAmt
CY Other Revenue$4,161,321CYOtherRevenueAmt
PY Total Revenue$194,970,612PYTotalRevenueAmt
CY Total Revenue$193,892,698CYTotalRevenueAmt
PY Grants And Similar Paid$58,153,718PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$52,711,939CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$85,710,298PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$79,710,857CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$83,000CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$339,527CYTotalFundraisingExpenseAmt
PY Other Expenses$60,226,532PYOtherExpensesAmt
CY Other Expenses$63,652,418CYOtherExpensesAmt
PY Total Expenses$204,090,548PYTotalExpensesAmt
CY Total Expenses$196,158,214CYTotalExpensesAmt
PY Revenues Less Expenses-$9,119,936PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$2,265,516CYRevenuesLessExpensesAmt
Total Assets BOY$214,695,876TotalAssetsBOYAmt
Total Assets EOY$213,664,847TotalAssetsEOYAmt
Total Liabilities BOY$84,955,568TotalLiabilitiesBOYAmt
Total Liabilities EOY$81,977,854TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$129,740,308NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$131,686,993NetAssetsOrFundBalancesEOYAmt
MissionBarry University is a Catholic institution of higher education founded by the Adrian Dominican Sisters. With a liberal arts tradition, Barry University is a scholarly community committed to the highest academic standards in undergraduate, graduate and professional education.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$117,382,580ExpenseAmt
Grant$52,711,939GrantAmt
Revenue$163,069,975RevenueAmt
DescInstructional services to graduate and undergraduate students: Founded in 1940, Barry University is a private Catholic university located in Miami Shores, Fla. Barry is committed to providing students with a personalized, values-based education centered on experiential education and service learning with more than 100 degree programs, including healthcare, social work, education, business, leadership, podiatry and law. Barry University is a top-rated university in awarding financial aid packages,making college affordable for underserved students and creatingopportunities for them to achieve social mobility.Barry provides its students with hands-on education that transforms concepts into impact and produces graduates who are leaders in solving society's critical challenges.With enduring commitments to social justice and community service, Barry students are actively involved in community engagement programs, averaging 70,000 hours of community service a year both locally and internationally. Barry students have achieved numerous accolades, including membership in national honor societies, over 90% first-time pass rate on the Physician Assistant National Certifying Exam (PANCE), recognition for their research and scholarly work, and leadership and service through organizations such as the Student Government Association and the Barry University Service Corps.Student athletes at Barry excel in the classroom and have won 28NCAA Division II National Championships. With over 60 student organizations, Greek life, intramural sports and numerous campus events, including athletic events, Barry offers a robust and diverse campus life.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$31,668,246ExpenseAmt
Grant$0GrantAmt
Revenue$20,284,571RevenueAmt
DescStudent services and auxiliary enterprises: The Barry University student services include campus ministry, commencement, counseling and psychological services, dean of students, first-year experience, fitness center, international student services, multicultural programs, leadership, orientation, wellness, student conduct, student health, student life and recreation, student union, and wellness. The University's auxiliary enterprises include ten residence halls, the Roussell Dining Hall and other retail and catering options, and the Barry University Bookstore.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$6,674,757ExpenseAmt
Grant$0GrantAmt
Revenue$347,660RevenueAmt
DescThe Monsignor William Barry Memorial Library (located in Miami Shores, FL) supports the university's educational mission through a comprehensive program of information resources in print, electronic, and streaming formats, as well as interlibrary loan to material not owned or licensed. The resources are complemented by 37 desktop computers, two kiosks with a total of 36 laptops, walk-up scanning station (KIC4), as well as three Newline interactive displays (two are 75 one is 86"). Physical access to the 4-story, 86,000+ sq ft library is provided 93.5 hours a week and includes access to 13 group study rooms, printing, copying, and scanning. The Library shares catalog access with Barry University Dwayne O. Andreas School of Law Library (located in Orlando, FL). Reference librarians at both locations are available to assist with research and reference for students and faculty, either in person or video conferencing tools.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$155,725,583TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsYes (true)ConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingYes (true)LoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (true)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document7979IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee2464EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign CountryCJForeignCountryCd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members34GoverningBodyVotingMembersCnt
Independent Voting Member31IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Judith PenateBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3058994042PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line111300 NE 2nd AvenueAddressLine1Txt
CityMiami ShoresCityNm
State AbbreviationFLStateAbbreviationCd
ZIP331616695ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (49 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
Christopher J Gruchacz
Secretary1.0Yes (X)Yes (X)$0$0$0
Dr Michael Allen
President40.0Yes (X)Yes (X)$500,151$0$198,029
Gregory Greene
Chairperson1.0Yes (X)Yes (X)$0$0$0
Heather J Rohan FACHE
Chairperson1.0Yes (X)Yes (X)$0$0$0
John M Bussel
Vice Chairperson1.0Yes (X)Yes (X)$0$0$0
Tanya I Davis CPA
Vice Chairperson1.0Yes (X)Yes (X)$0$0$0
Allyson Maynard-Gibson QC LLM
Trustee1.0Yes (X)$0$0$0
Amelia Sanchez
Trustee1.0Yes (X)$0$0$0
Carlos Arboleda
Trustee1.0Yes (X)$0$0$0
Christopher McFarlane CPA JD
Trustee1.0Yes (X)$0$0$0
David Lawrence Jr
Trustee1.0Yes (X)$0$0$0
Denise Kim Beamer JD
Trustee1.0Yes (X)$0$0$0
Frank G Persico
Trustee1.0Yes (X)$0$0$0
Gregory C Ward Esq
Trustee1.0Yes (X)$0$0$0
Greta Enid Matta Trottman Esq
Trustee1.0Yes (X)$0$0$0
Henri Crockett
Trustee1.0Yes (X)$0$0$0
John D Fumagalli
Trustee1.0Yes (X)$0$0$0
John S Steinberg DPM
Trustee1.0Yes (X)$0$0$0
Joy Taylor
Trustee1.0Yes (X)$0$0$0
Kevin W Shaughnessy Esq
Trustee1.0Yes (X)$0$0$0
Kimberly Topping Morris
Trustee1.0Yes (X)$0$0$0
Linda O Perez Esq
Trustee1.0Yes (X)$0$0$0
Matthew Allen
Trustee1.0Yes (X)$0$0$0
Matthew J Muhart
Trustee1.0Yes (X)$0$0$0
Msgr Chanel Jeanty JCL
Trustee1.0Yes (X)$0$0$0
Nelson Fonseca Jr
Trustee1.0Yes (X)$0$0$0
Phillis Oeters
Trustee1.0Yes (X)$0$0$0
Pieter van der Heide
Trustee1.0Yes (X)$0$0$0
Sr Mary Ann Caufield OP
Trustee1.0Yes (X)$0$0$0
Sr Patricia Siemen OP JD
Trustee1.0Yes (X)$0$0$0
Sr Rosemary T Finnegan OP
Trustee1.0Yes (X)$0$0$0
William R O'Donnell PE SECB
Trustee1.0Yes (X)$0$0$0
Xavier Gonzalez
Trustee1.0Yes (X)$0$0$0
Jennifer Pugh
VP for University Administration40.0Yes (X)$214,760$0$31,846
John Murray
Provost40.0Yes (X)$272,858$0$38,086
Pablo Ortiz
Provost40.0Yes (X)$0$0$0
Susan Rosenthal
VP for Business & Finance40.0Yes (X)$249,195$0$38,171
Ioan Daraban
Dean, Business and Public Administration40.0$238,848$0$20,481Yes (X)
John McFadden
Dean, Nursing & Health Sciences40.0$234,706$0$20,510Yes (X)
Julie Isha
VP for Enrollment and Marketing40.0$230,875$0$9,865Yes (X)
Karen Callaghan
Dean, College of Arts & Sciences40.0$176,380$0$17,622Yes (X)
Leticia Diaz
Dean, Law40.0$265,035$0$34,079Yes (X)
Robert Snyder
Dean, School of Podiatric Medicine40.0$325,204$0$14,537Yes (X)
Yvette Koottungal
Vice President for Strategic Initiatives40.0$224,195$0$37,945Yes (X)
Cherison Cuffy
Assistant Professor, Podiatric Medicine40.0$285,148$0$38,642Yes (X)
Jacqueline Brill
Professor, Podiatric Medicine40.0$284,816$0$30,948Yes (X)
James Losito
Professor, Podiatric Medicine40.0$236,760$0$35,007Yes (X)
Luis Rodriguez Anaya
Associate Professor, Podiatric Medicine40.0$188,752$0$29,840Yes (X)
Manuel Tejeda
Professor, Management40.0$257,099$0$20,789Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$4,184,782TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$616,397TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K154IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
Compass Group
2400 Yorkmont RoadCarlotteNC28217Food services$4,670,604
Allied Universal
161 Washington Street Suite 600 EConshohockenPA19428Security services$2,457,448
ABM Industry Groups LLC
14141 Southwest Freeway Suite 400Sugar LandTX77478Custodial/ground services$2,342,532
Relevant Brands Inc
800 Douglas Road La Puerta del SoCoral GablesFL33134Marketing/recruiting services$861,442
Dade Construction Corp
12240 SW 131 AvenueMiamiFL33186Construction services$681,547
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K48CntrctRcvdGreaterThan100KCnt
Fundraising$77,010FundraisingAmt
Government Grants$1,982,279GovernmentGrantsAmt
All Other Contributions$5,517,272AllOtherContributionsAmt
Noncash Contributions$1,333,125NoncashContributionsAmt
Total Contributions$7,576,561TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
Tuition and Fees611310$162,012,715$162,012,715
Auxiliary Enterprises611310$14,855,462$14,855,462
Podiatric Clinic900099$2,330,261$2,330,261
Student Fees611310$840,348$840,348
Athletic facilities611310$254,319$90,350$163,969

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$180,293,105TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,364,751TotalRevenueColumnAmt
Exclusion$1,364,751ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,040TotalRevenueColumnAmt
Exclusion$5,040ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$638,225RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$638,225RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$638,225TotalRevenueColumnAmt
Exclusion$638,225ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$5,561,758SecuritiesAmt
Other$564,027OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$5,591,840SecuritiesAmt
Other$42,025OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$30,082SecuritiesAmt
Other$522,002OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$491,920TotalRevenueColumnAmt
Exclusion$491,920ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$49,100FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$77,010ContriRptFundraisingEventAmt
Fundraising Direct Expenses$99,074FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$49,974TotalRevenueColumnAmt
Exclusion-$49,974ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescReimbursementsDesc
Business900099BusinessCd
Total Revenue Column$1,823,803TotalRevenueColumnAmt
Related Or Exempt Func Income$1,823,803RelatedOrExemptFuncIncomeAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,749,267TotalRevenueColumnAmt
Related Or Exempt Func Income$1,749,267RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$3,573,070OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$193,892,698TotalRevenueColumnAmt
Related Or Exempt Func Income$183,702,206RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$163,969UnrelatedBusinessRevenueAmt
Exclusion$2,449,962ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$52,711,939TotalAmt
Program Services$52,711,939ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$3,429,120TotalAmt
Program Services$2,684,980ProgramServicesAmt
Management And General$737,442ManagementAndGeneralAmt
Fundraising$6,698FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$212,941TotalAmt
Program Services$166,620ProgramServicesAmt
Management And General$45,905ManagementAndGeneralAmt
Fundraising$416FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$63,401,790TotalAmt
Program Services$49,719,354ProgramServicesAmt
Management And General$13,557,731ManagementAndGeneralAmt
Fundraising$124,705FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$1,672,054TotalAmt
Program Services$1,290,061ProgramServicesAmt
Management And General$379,781ManagementAndGeneralAmt
Fundraising$2,212FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$6,438,802TotalAmt
Program Services$4,900,423ProgramServicesAmt
Management And General$1,523,993ManagementAndGeneralAmt
Fundraising$14,386FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$4,556,150TotalAmt
Program Services$3,611,015ProgramServicesAmt
Management And General$935,540ManagementAndGeneralAmt
Fundraising$9,595FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$172,481TotalAmt
Program Services$9,268ProgramServicesAmt
Management And General$163,213ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$508,001TotalAmt
Program Services$25,760ProgramServicesAmt
Management And General$482,241ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$117,520TotalAmt
Management And General$117,520ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$83,000TotalAmt
Fundraising$83,000FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$226,925TotalAmt
Program Services$142,117ProgramServicesAmt
Management And General$84,808ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$8,608,563TotalAmt
Program Services$6,175,924ProgramServicesAmt
Management And General$2,425,974ManagementAndGeneralAmt
Fundraising$6,665FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,060,902TotalAmt
Program Services$518,614ProgramServicesAmt
Management And General$1,493,897ManagementAndGeneralAmt
Fundraising$48,391FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$2,564,608TotalAmt
Program Services$2,326,891ProgramServicesAmt
Management And General$228,824ManagementAndGeneralAmt
Fundraising$8,893FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$6,045,744TotalAmt
Program Services$477,550ProgramServicesAmt
Management And General$5,567,133ManagementAndGeneralAmt
Fundraising$1,061FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$6,259,947TotalAmt
Program Services$5,311,349ProgramServicesAmt
Management And General$924,314ManagementAndGeneralAmt
Fundraising$24,284FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,520,193TotalAmt
Program Services$1,384,141ProgramServicesAmt
Management And General$135,531ManagementAndGeneralAmt
Fundraising$521FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$348,123TotalAmt
Program Services$271,066ProgramServicesAmt
Management And General$76,932ManagementAndGeneralAmt
Fundraising$125FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$1,147,982TotalAmt
Program Services$957,021ProgramServicesAmt
Management And General$190,961ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$9,837,664TotalAmt
Program Services$8,254,362ProgramServicesAmt
Management And General$1,583,302ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$5,046,401TotalAmt
Program Services$317,057ProgramServicesAmt
Management And General$4,729,344ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Food Services$5,630,286$5,368,504$253,207$8,575
Repairs/Maintenance$3,895,280$2,893,075$1,002,205
Bad Debt$3,056,505$446,540$2,609,965
Security$2,860,917$2,385,542$475,375

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$3,744,376TotalAmt
Program Services$3,376,410ProgramServicesAmt
Management And General$367,966ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$196,158,214TotalAmt
Program Services$155,725,583ProgramServicesAmt
Management And General$40,093,104ManagementAndGeneralAmt
Fundraising$339,527FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$20,125,840BOYAmt
EOY$12,080,113EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$10,319,709BOYAmt
EOY$13,750,558EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,630,803BOYAmt
EOY$3,006,513EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,139,508BOYAmt
EOY$1,795,131EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$359,926BOYAmt
EOY$553,949EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$7,127,967BOYAmt
EOY$5,993,220EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$6,335,693BOYAmt
EOY$7,004,276EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$257,194,152LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$151,988,634LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$106,754,118BOYAmt
EOY$105,205,518EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$24,193,252BOYAmt
EOY$28,768,374EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$27,118,884BOYAmt
EOY$27,965,788EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$3,397,039BOYAmt
EOY$4,980,839EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$244,477BOYAmt
EOY$504,510EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,948,660BOYAmt
EOY$2,056,058EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$214,695,876BOYAmt
EOY$213,664,847EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$11,887,552BOYAmt
EOY$11,703,524EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$872,573BOYAmt
EOY$1,607,968EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$52,004,321BOYAmt
EOY$47,632,813EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$551,297BOYAmt
EOY$1,402,344EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$19,639,825BOYAmt
EOY$19,631,205EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$84,955,568BOYAmt
EOY$81,977,854EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$82,564,322BOYAmt
EOY$80,395,305EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$47,175,986BOYAmt
EOY$51,291,688EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$129,740,308BOYAmt
EOY$131,686,993EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$214,695,876BOYAmt
EOY$213,664,847EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$2,265,516ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$4,216,213NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$4,012OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$8,894,244CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$13,944,285CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$20,894,563CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$11,009,392CurrentTaxYearMinus1YearAmt
Current Tax Year$7,576,562CurrentTaxYearAmt
Total$62,319,046TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$8,894,244CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$13,944,285CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$20,894,563CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$11,009,392CurrentTaxYearMinus1YearAmt
Current Tax Year$7,576,562CurrentTaxYearAmt
Total$62,319,046TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,468,719SubstantialContributorsTotAmt
Public Support Total170$60,850,327PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,510,028CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,173,196CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,376,771CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,187,472CurrentTaxYearMinus1YearAmt
Current Tax Year$2,008,016CurrentTaxYearAmt
Total$12,255,483TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,376CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$5,376TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,082,162CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,213,606CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,761,754CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,652,023CurrentTaxYearMinus1YearAmt
Current Tax Year$3,573,070CurrentTaxYearAmt
Total$15,282,615TotalAmt
FieldValueIRS element (for citing)
Total Support$89,862,520TotalSupportAmt
Gross Receipts Rltd Activities$918,981,851GrossReceiptsRltdActivitiesAmt
Public Support CY1700.6771PublicSupportCY170Pct
Public Support PY1700.6548PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule A, Part IIThe 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, therefore, qualifies to use the first listed special rule for Schedule B reporting.
Schedule A, Part II, Line 10 Other IncomeDESCRIPTION - OTHER INCOME, COLUMN A - 3082162.0, COLUMN B - 2213606.0, COLUMN C - 2761754.0, COLUMN D - 3652023.0, COLUMN E - 3573070.0, COLUMN F - 15282615.0;

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
VolunteersfalseVolunteersInd
Paid Staff Or ManagementfalsePaidStaffOrManagementInd
Media AdvertisementsfalseMediaAdvertisementsInd
Mailings MembersfalseMailingsMembersInd
Publications Or BroadcastfalsePublicationsOrBroadcastInd
Grants Other OrganizationsfalseGrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (true)DirectContactLegislatorsInd
Direct Contact Legislators$73,102DirectContactLegislatorsAmt
Rallies DemonstrationsfalseRalliesDemonstrationsInd
Other ActivitiesYes (true)OtherActivitiesInd
Other Activities$44,418OtherActivitiesAmt
Total Lobbying Expenditures$117,520TotalLobbyingExpendituresAmt
Not Described Section501c3falseNotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITYFormAndLineReferenceDesc
ExplanationBetween July 1, 2023 through June 30, 2024, Barry University advocated for government support at the local, state and federal levels via in-person visits, email, telephone, and U.S. mail. As a member of the Independent Colleges and Universities of Florida (ICUF), Barry University advocated for legislation that would expand government support and funding for independent colleges and universities. Further, as a member of the Hispanic Association of Colleges and Universities (HACU), Barry University appealed to elected officials for support of Hispanic-serving institutions.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Protection Natural HabitatYes (X)ProtectionNaturalHabitatInd
Total Easements1TotalEasementsCnt
Total Acreage6.2TotalAcreageCnt
Historic Structure Easements0HistoricStructureEasementsCnt
Historic Strctr Easements Aftr0HistoricStrctrEasementsAftrCnt
Modified Easements0ModifiedEasementsCnt
States Easements Held1StatesEasementsHeldCnt
Written Policy MonitoringYes (true)WrittenPolicyMonitoringInd
Staff Hours Spent Enforcement80.0StaffHoursSpentEnforcementCnt
Expenses Incurred Enforcement$2,000ExpensesIncurredEnforcementAmt

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Revenues Included$0RevenuesIncludedAmt
Assets Included$186,476AssetsIncludedAmt
FieldValueIRS element (for citing)
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Solicited Assets SalefalseSolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$53,988,781BeginningYearBalanceAmt
Contributions$795,026ContributionsAmt
Investment Earnings Or Losses$4,854,405InvestmentEarningsOrLossesAmt
Grants Or Scholarships$731,288GrantsOrScholarshipsAmt
Other Expenditures$154,604OtherExpendituresAmt
End Year Balance$58,752,320EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$49,943,246BeginningYearBalanceAmt
Contributions$897,023ContributionsAmt
Investment Earnings Or Losses$3,938,925InvestmentEarningsOrLossesAmt
Grants Or Scholarships$785,596GrantsOrScholarshipsAmt
Other Expenditures$4,817OtherExpendituresAmt
End Year Balance$53,988,781EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$54,487,883BeginningYearBalanceAmt
Contributions$461,786ContributionsAmt
Investment Earnings Or Losses-$4,131,212InvestmentEarningsOrLossesAmt
Grants Or Scholarships$703,771GrantsOrScholarshipsAmt
Other Expenditures$171,440OtherExpendituresAmt
End Year Balance$49,943,246EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$45,993,199BeginningYearBalanceAmt
Contributions$415,031ContributionsAmt
Investment Earnings Or Losses$9,702,656InvestmentEarningsOrLossesAmt
Grants Or Scholarships$677,632GrantsOrScholarshipsAmt
Other Expenditures$945,371OtherExpendituresAmt
End Year Balance$54,487,883EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$45,448,212BeginningYearBalanceAmt
Contributions$745,043ContributionsAmt
Investment Earnings Or Losses$422,990InvestmentEarningsOrLossesAmt
Grants Or Scholarships$428,749GrantsOrScholarshipsAmt
Other Expenditures$194,297OtherExpendituresAmt
End Year Balance$45,993,199EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.3492BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.6508PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.0TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$7,803,612OtherCostOrOtherBasisAmt
Book Value$7,803,612BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$183,156,909OtherCostOrOtherBasisAmt
Depreciation$101,034,488DepreciationAmt
Book Value$82,122,421BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$61,926,413OtherCostOrOtherBasisAmt
Depreciation$50,954,146DepreciationAmt
Book Value$10,972,267BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,307,218OtherCostOrOtherBasisAmt
Book Value$4,307,218BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$105,205,518TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (5 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
Corporate bonds$6,015,991F
Land and building held for investment$14,350,000F
Hedge funds$1,332,292F
Other investments$394,909F
Beneficial Interest in Perpetual Trust$5,872,596F
FieldValueIRS element (for citing)
Total Book Value Securities$27,965,788TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
Student Deposits$9,796,254
Other liabilities$7,751,136
Operating Lease Liabilities$2,083,815
FieldValueIRS element (for citing)
Total Liability$19,631,205TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$145,502,184TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$4,216,213NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$10,150DonatedServicesAndUseFcltsAmt
Other Revenue$99,074OtherRevenueAmt
Revenue Not Reported$4,325,437RevenueNotReportedAmt
Revenue Subtotal$141,176,747RevenueSubtotalAmt
Other Revenues Not Included$52,715,951OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$52,715,951RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$193,892,698TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$143,555,499TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$10,150DonatedServicesUseFcltsAmt
Other Expenses Included$99,074OtherExpensesIncludedAmt
Expenses Not Reported$109,224ExpensesNotReportedAmt
Expenses Subtotal$143,446,275ExpensesSubtotalAmt
Other Expenses Not Included$52,711,939OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$52,711,939ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$196,158,214TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part II, Line 5 Conservation easements policyThe Barry University School of Law shall take reasonable steps to monitor compliance with the restrictions placed on the property by the conservation easement. Facilities Staff will regularly physically 'walk' the property to look for and rectify any violations. The School of Law has contracted with an outside vendor to maintain the aquatic health of the pond that is located in the easement area. Should any violations occur that are beyond the abilities of the Law School to rectify, the main campus Facilities Department of Barry University shall be notified.
Schedule D, Part II, Line 9 Conservation easements financial reportingThe University records the easement in its statement of financial position as part of the cost of the land purchased for the University's law school in Orlando.
Schedule D, Part III, Line 4 Collections of art - description of collectionsThe collection of books relates to theology, philosophy, religious studies, and supporting disciplines.
Schedule D, Part V, Line 4 Intended uses of endowment fundsThe University's unrestricted endowments are restricted by the University's Board of Trustees. The Board can appropriate as much of the net appropriation on board-designated endowments as is prudent considering the University's present and anticipated financial requirements, expected total return on investments, price level trends, and general economic conditions. The income derived from permanently restricted endowed funds is to be used for various programs sponsored by the University in accordance with the donor's wishes and is classified as restricted or net assets with donor restrictions, in accordance with the donor's wishes.
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnoteThe University is exempt from federal and state income taxes under Section 501(a) of the Internal Revenue Code (the Code) as an organization described in Section 501(c)(3) of the Code. Accordingly, the financial statements do not include an income tax provision, except for certain taxable transactions. The University complies with the provisions of Accounting Standards Codification ("ASC") 740 (formerly Financial Accounting Standard Board Interpretation ("FASB") No. 48, Accounting for Uncertainty in Income Taxes-An Interpretation of FASB Statement No. 109 ("FIN 48"). Under ASC 740, the University must recognize the tax benefit associated with tax positions taken for tax return purposes when it is more-likely-than-not that the position will be sustained. Management of the University does not believe there are any material uncertain tax positions and accordingly has not recognized any liability for unrecognized tax benefits. The University has filed for and received income tax exemptions in the jurisdictions where it is required to do so. Additionally, the University has filed Internal Revenue Service Form 990 tax returns as required and all other applicable returns in those jurisdictions where it is required. The University believes that it is no longer subject to U.S. federal, state and local, or non-U.S. income tax examinations by tax authorities for years before 2020. However, the University is still open to examination by taxing authorities from fiscal year 2020 forward. For the years ended June 30, 2024 and 2023, there was no interest or penalties recorded or included in the statements of activities and changes in net assets. Earnings from unrelated business activities were not significant for the years ended June 30, 2024 and 2023. Accordingly, no provision for income taxes has been made in the accompanying financial statements.
Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990Special Event Expense - 99074
Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statementsScholarships netted with revenue - 52711939 change in cash surrender value - 4012
Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990Special Event Expenses - 99074
Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statementsScholarships netted with revenue - 52711939

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICYThe organization currently enrolls students of racial minority groups in meaningful numbers consistent with the publicity exception found in Rev. Proc. 75-50 section 4.03(2)(c). The organization publicized its racially nondiscriminatory policy on the homepage of its website at all times during its tax year in a manner reasonably expected to be noticed by visitors.
Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENTBarry University receives assistance from Title IV programs including Federal Pell Grant Program, Federal Supplemental Education Opportunity Grant, Federal Work-Study Program, etc.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Central America and the Caribbean018Program ServicesGraduate Education Teaching$72,083
Central America and the Caribbean00Investments$1,332,292
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees18SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee18TotalEmployeeCnt
Subtotal Spent$1,404,375SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$1,404,375TotalSpentAmt
Transfer To Foreign CorpfalseTransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipfalseForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule F, Part I, Line 3 Method used to account for expenditures on org's financial statementsFormAndLineReferenceDesc
ExplanationCENTRAL AMERICA AND THE CARIBBEAN-AccrualExplanationTxt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Email SolicitationsYes (X)EmailSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Agrmt Prof Fundraising ActyYes (true)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1Maia McGill Consulting LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1900 Biscayne Blvd 4403AddressLine1Txt
CityMiamiCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33132ZIPCd
FieldValueIRS element (for citing)
ActivityFundraising and grant soliciationsActivityTxt
Fundraiser Control Of FundsfalseFundraiserControlOfFundsInd
Gross Receipts$0GrossReceiptsAmt
Retained By Contractor$83,000RetainedByContractorAmt
Net To Organization-$83,000NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Gross Receipts$0TotalGrossReceiptsAmt
Total Retained By Contractors$83,000TotalRetainedByContractorsAmt
Total Net To Organization-$83,000TotalNetToOrganizationAmt
Licensed StatesFLLicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Golf TournamentEvent1Nm
Gross Receipts Event1$67,390GrossReceiptsEvent1Amt
Charitable Contri Event1$31,940CharitableContriEvent1Amt
Gross Revenue Event1$35,450GrossRevenueEvent1Amt
Non Cash Prizes Event1$4,104NonCashPrizesEvent1Amt
Rent Facility Costs Event1$24,284RentFacilityCostsEvent1Amt
Food And Beverage Event1$7,822FoodAndBeverageEvent1Amt
Entertainment Event1$2,708EntertainmentEvent1Amt
Other Direct Expenses Event1$24,084OtherDirectExpensesEvent1Amt
Event2Alumni ReunionEvent2Nm
Gross Receipts Event2$58,720GrossReceiptsEvent2Amt
Charitable Contri Event2$45,070CharitableContriEvent2Amt
Gross Revenue Event2$13,650GrossRevenueEvent2Amt
Rent Facility Costs Event2$2,205RentFacilityCostsEvent2Amt
Food And Beverage Event2$14,406FoodAndBeverageEvent2Amt
Entertainment Event2$5,850EntertainmentEvent2Amt
Other Direct Expenses Event2$13,611OtherDirectExpensesEvent2Amt
Gross Revenue Other Events$0GrossRevenueOtherEventsAmt
Gross Receipts Total$126,110GrossReceiptsTotalAmt
Charitable Contributions Tot$77,010CharitableContributionsTotAmt
Gross Revenue Total Events$49,100GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$4,104NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$26,489RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$22,228FoodAndBeverageTotalEventsAmt
Entertainment Total Events$8,558EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$37,695OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$99,074DirectExpenseSummaryEventsAmt
Net Income Summary-$49,974NetIncomeSummaryAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule G, Part I, Line 2bFormAndLineReferenceDesc
ExplanationThe professional fundraising services were consulting in nature, no gross receipts were directly generated from the services provided.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeStudent Scholarships/AwardsGrantTypeTxt
Recipient3606RecipientCnt
Cash Grant$52,711,939CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule I, Part I, Line 2 Procedures for monitoring use of grant funds.FormAndLineReferenceDesc
ExplanationThe University awards grants, scholarships & student loans based on various, predefined criteria. Students must qualify for the assistance. Student enrollment and continuing eligibility are verified on an ongoing basis. No cash changes hands and funds are directly applied to student accounts. The Higher Education Emergency Relief Fund (HEERF) awarded from the U.S. Department of Education to support direct assistance to students affected by the COVID-19 pandemic was fully spent as of June 30, 2023. There were zero funds spent as of June 30, 2024.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Independent ConsultantYes (X)IndependentConsultantInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgYes (true)CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (16 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Dr Michael Allen
President$488,151$0$0$0$12,000$0$20,480$0$177,549$0$698,180$0$0$0
Jennifer Pugh
VP for University Administration$214,760$0$0$0$0$0$8,940$0$22,906$0$246,606$0$0$0
John Murray
Provost$272,858$0$0$0$0$0$11,265$0$26,821$0$310,944$0$0$0
Susan Rosenthal
VP for Business & Finance$249,195$0$0$0$0$0$10,445$0$27,726$0$287,366$0$0$0
Ioan Daraban
Dean, Business and Public Administration$238,848$0$0$0$0$0$9,645$0$10,836$0$259,329$0$0$0
John McFadden
Dean, Nursing & Health Sciences$234,706$0$0$0$0$0$9,464$0$11,046$0$255,216$0$0$0
Julie Isha
VP for Enrollment and Marketing$230,875$0$0$0$0$0$9,245$0$620$0$240,740$0$0$0
Karen Callaghan
Dean, College of Arts & Sciences$176,380$0$0$0$0$0$7,145$0$10,477$0$194,002$0$0$0
Leticia Diaz
Dean, Law$265,035$0$0$0$0$0$10,945$0$23,134$0$299,114$0$0$0
Robert Snyder
Dean, School of Podiatric Medicine$325,204$0$0$0$0$0$13,045$0$1,492$0$339,741$0$0$0
Yvette Koottungal
Vice President for Strategic Initiatives$224,195$0$0$0$0$0$9,445$0$28,500$0$262,140$0$0$0
Cherison Cuffy
Assistant Professor, Podiatric Medicine$285,148$0$0$0$0$0$11,853$0$26,789$0$323,790$0$0$0
Jacqueline Brill
Professor, Podiatric Medicine$284,816$0$0$0$0$0$11,693$0$19,255$0$315,764$0$0$0
James Losito
Professor, Podiatric Medicine$236,760$0$0$0$0$0$7,458$0$27,549$0$271,767$0$0$0
Luis Rodriguez Anaya
Associate Professor, Podiatric Medicine$188,752$0$0$0$0$0$3,983$0$25,857$0$218,592$0$0$0
Manuel Tejeda
Professor, Management$257,099$0$0$0$0$0$10,374$0$10,415$0$277,888$0$0$0

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule J, Part I, Line 1a First-class or charter travelFirst-class travel is provided and treated as non-taxable compensation to the President.
Schedule J, Part I, Line 1a Housing allowance or residence for personal useHousing Allowance & Personal Services: As a condition of employment, and as a convenience to the University, the President is provided a University-owned home. The University uses this home extensively for University functions and provides grounds care at all times and housekeeping when there is an event. The home is provided as a nontaxable benefit to the President because it is required in his contract and he resides there for the convenience of the University.
Schedule J, Part I, Line 1a Health or social club dues or initiation feesThe University pays the membership dues for an airline travel club and a country club for the President. These memberships are used for bona-fide business purposes and therefore, are treated as non-taxable.
Schedule J, Part I, Line 5a Compensation contingent on revenues of the organizationClinical Faculty Physicians in the School of Podiatric Medicine received a percent of gross revenue collected for services at the teaching clinics.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
Higher Educational Facilities Financing Authority
A9000582270000000002022-03-24$35,352,000See Part VIfalsefalsefalse
Higher Educational Facilities Financing Authority
B9000582270000000002022-07-28$18,902,000See Part VIfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtTotal ProceedsTotalProceedsAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndCapitalized InterestCapitalizedInterestAmtSubstantial CompletionSubstantialCompletionYr
A$3,712,000$35,365,896$268,797$4,267,946$28,083,203$2,745,950Yes (true)Yes (true)falseYes (true)
B$2,542,000$18,902,000$196,840$18,641,759Yes (true)falseYes (true)Yes (true)$63,4012012

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
AfalsefalseYes (true)Yes (true)false0.0falsefalseYes (true)
BfalsefalseYes (true)Yes (true)false0.0falsefalseYes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
AfalseYes (true)falsefalsefalsefalseYes (true)
BfalseYes (true)falsefalsefalsefalseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (true)
BYes (true)

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule K, Part I, Column (f) Bond APt. I, Line B - 2022A Higher Educational Facilities Financing - The purpose of the bond issue is to fully refund the Series 2011 Bonds issued 08/02/11, fund various capital projects in the amount of $7,000,000, and fund transaction costs. 2022B Higher Education Financing Authority - The purpose of the bond issue is to fully refund the 2021 BBVA Loan Bonds, and fund certain transaction costs.
Schedule K, Part I, Column (f) Bond BPT. I, LINE B - EDUCATIONAL FACILITIES REVENUE BOND (BARRY UNIVERSITY PROJECT), SERIES 2022C - THE PURPOSE OF THE BOND ISSUE IS TO FULLY REFUND THE SERIES 2012 BONDS ISSUED 03/28/12, AND FUND TRANSACTION COSTS.
Schedule K, Part II, Line 3 Bond AThe difference between Pt. II Line 3 total proceeds of issue, and issue price per Form 8038 is due to investment earnings.

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Dr Michael AllenBusinessNameLine1Txt
FieldValueIRS element (for citing)
Relationship With OrgPresidentRelationshipWithOrgTxt
Loan PurposeSplit Dollar Loan - Life InsuranceLoanPurposeTxt
Loan From OrganizationYes (X)LoanFromOrganizationInd
Original Principal$525,000OriginalPrincipalAmt
Balance Due$553,949BalanceDueAmt
DefaultfalseDefaultInd
Board Or Committee ApprovalYes (true)BoardOrCommitteeApprovalInd
Written AgreementYes (true)WrittenAgreementInd
FieldValueIRS element (for citing)
Total Balance Due$553,949TotalBalanceDueAmt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
Laura Alonso-Gallo
Family member of Vice Chairperson, John Bussel$124,355W-2 Wages and Benefitsfalse
Rebecca Murray
Family member of Provost, John Murray$13,553W-2 Wages and Benefitsfalse
Mary Elizabeth Allen
Family member of Board Member, Matthew Allen$71,633W-2 Wages and benefitsfalse

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution5ContributionCnt
Noncash Contributions Rpt F990$757,099NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Drugs And Medical Supplies DrugsAndMedicalSuppliesGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution2ContributionCnt
Noncash Contributions Rpt F990$169,991NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (4 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)Podiatry Practice1$320,458Market value
Yes (X)Supplies/Gift Cards8$60,913Market value
Yes (X)Medical equipment1$19,542Market value
Yes (X)food/beverages4$5,122Market value
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule M, Part IFormAndLineReferenceDesc
ExplanationThe number of contributions represents the number of contributions received, not the number of items donated.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (12 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Line 1a Delegate broad authority to a committeeComposition of the Executive Committee of the Board: The Board will have an Executive Committee consisting of the Chairperson of the Board and not less than five (5) other Trustees. The Executive Committee will include at least one (1) member of the Sponsoring Congregation, which shall be the Prioress of the Sponsoring Congregation or a Board member designated by the Prioress. The Chairperson of the Board is also the Chairperson of the Executive Committee. The Vice Chairpersons of the Board and Chairperson of each Committee of the Board will also be members of the Executive Committee. The Secretary of the Board ("Board Secretary"), who must be a Trustee, will also be a member of the Executive Committee. The President shall be a member of the Executive Committee; as a member of the Executive Committee the President will have the power to vote and will be counted as a member of the Executive Committee for the purpose of determining a quorum except when the subject of the vote creates a conflict of interest pursuant to Article XII (eg. President's compensation, removal, or other conflict as determined by the Board). The Chairperson of the Board shall be empowered to invite the immediate past Chairperson to serve on the Executive Committee. Scope of the Committee's authority: When the Board is not in session and prudent management requires prompt action, the Executive Committee shall exercise all of the authority of the Board in the management of the Corporation except as such authority is limited by resolution of the Board, and any such action shall be submitted to the Board at its next meeting for review. Actions by the Executive Committee, as described in this provision, shall be used sparingly and shall not be abused. A majority of the members of the Executive Committee shall constitute a quorum for the transaction of business.
Form 990, Part VI, Line 7a Members or stockholders electing members of governing bodyThe University's Sponsoring Congregation selects up to three Sisters to serve as Trustees, one of which shall be the Prioress of the Sponsoring Congregation or the Prioress' designee.
Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholdersThe following matters require the approval of the Sponsoring Congregation's Prioress and General Council or their designee: - any changes to the purposes and mission of the organization - the slate of nominees for appointment to the President of the organization - any amendments to the Articles or Bylaws of the organization that affect the powers or rights of the Sponsoring Congregation - the nominees to the Board and selecting those persons to be appointed as the Sponsoring Congregation Trustees - the purchase, sale, lease or mortgage of real property of the organization in an amount more than $5,000,000 for purchases, sale, and mortgages and more than $50,000 per month for leases - the merger or dissolution of the organization and upon approval of dissolution, the approval of the disposition of the assets of the organization as set forth in the Articles
Form 990, Part VI, Line 11b Review of form 990 by governing bodyBarry University uses the following process to review the Form 990. An external tax firm prepares the return with input from the University's controller. The Vice President of Business and Finance reviews, approves, and signs the return. A public inspection copy of the reviewed Form 990 is then provided to the Board of Trustees prior to filing with the IRS. The external tax firm electronically files the return on or before the due date including extensions.
Form 990, Part VI, Line 12c Conflict of interest policyOn an annual basis, under the conflict of interest policy, each covered person shall execute an annual disclosure statement disclosing the facts related to any covered relationship. Ongoing: a covered person shall disclose the existence and nature of any covered relationship and all material facts prior to the consideration of a proposed transaction or arrangement by the board (for a trustee or the President) or the President's Cabinet (for covered persons not trustees). In the event that a potential conflict of interest arises at a board meeting for a trustee or the President, the covered person having such a covered relationship in any matter shall disclose any material facts as to such covered relationship to the board. In the event that a potential conflict of interest arises outside a board meeting and/or for a covered person not a trustee, then the covered person having such a covered relationship in any matter shall disclose any material facts as to such covered relationship to the President's Cabinet. After disclosure by a trustee or the President to the board of a covered relationship and all material facts, and after any discussion with the covered person, he/she shall leave the board meeting while the determination of a conflict of interest is discussed and voted upon. After disclosure by anyone other than a trustee to the President's Cabinet of a covered relationship and all material facts, and after any discussion with the covered person, the President's Cabinet will discuss and vote upon the determination of a conflict of interest. A covered person that is a trustee or the President may make a presentation to the board, but after such presentation, he/she shall leave the meeting during the discussion of, and the vote on, the financial transaction or arrangement that causes a conflict of interest. The board of trustees or the President's Cabinet will then deliberate to independently determine if possible conflict of interest identified will be approved by the appropriate body to ensure adherence to the conflict of interest policy.
Form 990, Part VI, Line 15a Process to establish compensation of top management officialThe President's compensation is reviewed annually; comparable data/information is reviewed. The compensation is in keeping with the University's guidelines. The Chairperson and the Executive Committee of the Board conduct the annual evaluation of the President. The discussions and decisions form part of the minutes to the board of trustees meeting.
Form 990, Part VI, Line 15b Process to establish compensation of other employeesCompensation for all other officers and key employees is approved through HR in collaboration with the President, VP, or Provost responsible for the area. HR uses compensation benchmark data for all University positions and documents the approval process through automated business process workflows in its system of record.
Form 990, Part VI, Line 19 Required documents available to the publicThe University makes its governing documents, conflict of interest policy, and audited financial statements available to the public upon request. The 990 return of organization exempt from tax is public information.
Form 990, Part VIII, Line 11d Other Miscellaneous RevenueOther Income - Total Revenue: 1749267, Related or Exempt Function Revenue: 1749267, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;
Form 990, Part XI, Line 9 Other changes in net assets or fund balancesChange in cash surrender value - -4012;
Schedule F, Part IV, Line 3The organization has analyzed its ownership in the foreign corporation and has determined that it does not meet the reporting thresholds for Form 5471.
Schedule F, Pt. IV, Line 4The organization has analyzed its ownership in the passive foreign investment company and has determined that it does not meet the reporting thresholds for Form 8621.