2022-06-09T17:00:20-05:00 2021-07-31 350921680 CROWE LLP 155 West Nationwide Blvd Suite 500 Columbus OH 432152570 990 2020-08-01 344431169 The University of Findlay UNIV 4194344524 1000 North Main Street Findlay OH 45840 Katherine R Fell President 2022-06-09 true Katherine R Fell 999009999 RACHEL SPURLOCK P00520729 6144690001 2020 2022-09-23 18:48:47Z Dr Katherine Fell 1000 North Main Street Findlay OH 45840 160574488 false X www.findlay.edu X 1882 OH The mission of The University of Findlay is to equip our students for meaningful lives and productive careers. 32 30 2372 271 239053 0 12574946 16714196 115218444 118371219 1274688 3932532 5619859 7626181 134687937 146644128 52343545 56284274 0 49434062 47394150 0 1267836 31550753 32715554 133328360 136393978 1359577 10250150 214426229 232651675 64506518 64434995 149919711 168216680 The mission of The University of Findlay is to equip our students for meaningful lives and productive careers. false false 86481730 56261774 88483860 UNIVERSITY OF FINDLAY IS A COMPREHENSIVE, PRIVATE UNIVERSITY THAT OFFERS BOTH UNDERGRADUATE AND GRADUATE STUDIES AND IS ACCREDITED BY THE HIGHER LEARNING COMMISSION. UNIVERSITY OF FINDLAY OFFERS MORE THAN 44 AREAS OF UNDERGRADUATE STUDY AND HAS A CURRENT UNDERGRADUATE ENROLLMENT OF NEARLY 2,210 STUDENTS. SOME OF THE MORE POPULAR UNDERGRADUATE PROGRAMS INCLUDE: BUSINESS (312 STUDENTS) , EDUCATION (160 STUDENTS), HEALTH PROFESSIONS (399 STUDENTS), PHARMACY (167 STUDENTS), LIBERAL ARTS (161 STUDENTS), NATURAL SCIENCE (911 STUDENTS) AND OTHER (105 STUDENTS). MANY OF THE UNIVERSITY'S PROGRAMS HAVE A NATIONAL REPUTATION INCLUDING PRE-VETERINARY MEDICINE AND EQUESTRIAN STUDIES. 26897667 22500 28540037 UNIVERSITY OF FINDLAY OFFERS A VARIETY OF GRADUATE PROGRAMS INCLUDING: MASTERS OF BUSINESS (153 STUDENTS), EDUCATION (238 STUDENTS), HEALTH PROFESSIONS SUCH AS PHYSICAL THERAPY, OCCUPATIONAL THERAPY, ATHLETIC TRAINING, PHYSICIAN ASSISTANT, AND HEALTH INFORMATICS (448 STUDENTS), PHARMACY (101 STUDENTS), LIBERAL STUDIES (39 STUDENTS) AND SCIENCE (62 STUDENTS). TOTAL GRADUATE STUDENTS CURRENTLY ENROLLED ARE MORE THAN 1,040. 7133182 8704233 UNIVERSITY OF FINDLAY HAS MANY AUXILIARY DEPARTMENTS THAT PROVIDE SERVICES TO THEIR STUDENTS, THESE AUXILIARY DEPARTMENTS INCLUDE DORMITORIES FOR STUDENT LIVING, DINING HALLS, CAMPUS STORES FOR STUDENTS AND THE UNIVERSITY'S ON-CAMPUS VETERINARY CLINIC. 120512579 true true false false false false true true true true true false false true true true false true false true false false false true false false false true true true false false false false false false false false true false true true false false false true false false false true 4578 0 true 2372 true true true false false false false true true false false false false false false X 32 30 true false false false false false false true true false false true true true true true true true false false CO KY AK MD MA MI NH NY OK OR SC WA X Megan Schulte 4194344524 1000 N MAIN ST FINDLAY OH 45840 AR Charnes Chair (Partial Year) 1.0 X X 0 0 0 Chris Ostrander Chair 1.0 X X 0 0 0 Michael Harrington Vice Chair 1.0 X X 0 0 0 Angela Briggs Trustee 1.0 X 0 0 0 Angela Brown Trustee 1.0 X 0 0 0 Bill Kose Trustee 1.0 X 0 0 0 Bill Reist Trustee 1.0 X 0 0 0 Billy Watterson Trustee 1.0 X 0 0 0 Brant Rhoad Trustee 1.0 X 0 0 0 Brian Washington Trustee 1.0 X 0 0 0 Brian Young Trustee 1.0 X 0 0 0 Charles Bills Trustee 1.0 X 0 0 0 Cheryl Buckland Trustee 1.0 X 0 0 0 Chuck Daniels Trustee 1.0 X 0 0 0 Clifford Cook Trustee 1.0 X 0 0 0 Craig Crotteau Trustee 1.0 X 0 0 0 Dan Kennard Trustee 1.0 X 0 0 0 Don Manley Trustee 1.0 X 0 0 0 Duane Jebbett Trustee (Partial Year) 1.0 X 0 0 0 Jennifer Smith Trustee 1.0 X 0 0 0 John Haywood Trustee (Partial Year) 1.0 X 0 0 0 Karl Heminger Trustee 1.0 X 0 0 0 Kolleen Kirk Trustee 1.0 X 0 0 0 Lance Finley Trustee 1.0 X 0 0 0 Lisa Vignerot Trustee 1.0 X 0 0 0 Lynn Child Trustee 1.0 X 0 0 0 Marian Lowe Trustee 1.0 X 0 0 0 Melissa Duflock Trustee 1.0 X 0 0 0 Pamela Beall Trustee 1.0 X 0 0 0 Paul Palmer Trustee 1.0 X 0 0 0 Phil Kortokrax Trustee 1.0 X 0 0 0 Philip Scott Trustee 1.0 X 0 0 0 Tim Nesler Trustee 1.0 X 0 0 0 Tod Beckett Trustee 1.0 X 0 0 0 Tom Reineke Trustee 1.0 X 0 0 0 Katherine Fell President 40.0 X 338831 0 113778 Thomas Lause Treasurer 40.0 X 190980 0 24891 Darin Fields VP of Academic Affairs 40.0 X 178461 0 24614 David Emsweller VP of Student Affairs 40.0 X 154800 0 28892 Marcia Latta VP of University Advancement 40.0 X 209066 0 14797 Raymond McCandless VP of Information Technology 40.0 X 150765 0 24498 Brandon Heidipriem Assistant Vice President of Information Technology Services 40.0 X 129526 0 27068 Debra Parker Dean, College of Pharmacy 40.0 X 205473 0 26144 Lori Ernsthausen Associate Professor and Associate Dean 40.0 X 135592 0 31414 Patrick Malone Assoc. Dean of Pharmacy 40.0 X 146421 0 24885 Ryan Schneider Associate Professor, Associate Dean, and Department Chair 40.0 X 143441 0 12235 1983356 0 353216 37 false true false Collaborative Solutions 11190 Sunrise Valley Dr Suite 110 Reston VA 20191 Software 2956285 Wiley Edu LLC 427 South Fourth Street Suite 300 Louisville KY 40202 Online Academic Course Program 472930 Workday Inc PO Box 396106 San Francisco CA 94139 Software 307500 Jenzabar Inc PO Box 55018 Boston MA 022055018 Software 227829 Clean Team PO Box 513 Toledo OH 43697 Cleaning 217534 15 0 0 44000 0 9147892 7522304 2460113 16714196 TUITION AND FEES 611710 105825157 105825157 DORMITORIES 721310 5954158 5954158 DINING HALLS 722310 4172547 4172547 MISCELLANEOUS AUXILIARY 611710 1648934 1417650 231284 CAMPUS STORE 459410 582091 582091 188332 188332 0 0 118371219 1482895 7769 1475126 163838 117642 46196 0 46196 46196 16184024 13734387 2449637 0 2449637 2449637 70121 44000 78331 -8210 -8210 0 0 0 0 0 0 0 0 Horse Farm Income 900099 1507113 1507113 MTM Pharmacy CONSULTING 900099 409735 409735 Overseas Program 900099 2258 2258 5669089 5669089 0 0 7588195 146644128 125728130 239053 3962749 56284274 56284274 1430809 1430809 80974 80974 36790513 31467214 4559415 763884 6404921 5577603 644106 183212 2686933 2150713 490838 45382 146572 3618 142954 76250 76250 103746 37657 55779 10310 4848846 3626492 1086987 135367 532232 514542 16740 950 6015380 5117320 851991 46069 2197920 2082579 57283 58058 2361006 1174126 1183860 3020 1471295 1293515 157134 20646 17016 17016 2077009 905576 1171433 5603986 5181924 422062 929614 317781 611233 600 Contract Food Services 3123821 3123821 Purchase for Resale 725454 672060 53394 Repairs and Maintenance 1523917 772864 751053 Lease Expense 215194 191574 23282 338 746296 17326 728970 0 136393978 120512579 14613563 1267836 3601683 2752912 10938286 11568517 3119460 4372669 1570189 1078154 0 0 0 0 1092644 1185055 491647 394181 1397603 1987414 220068678 76179799 141243228 143888879 34379259 41854448 11693633 16909336 0 4898597 6660110 214426229 232651675 8251460 11512071 0 0 2927504 2608654 45781630 44596974 1769503 2223187 0 0 2824967 2615712 0 0 2951454 878397 64506518 64434995 X 99307591 102996473 50612120 65220207 0 0 0 0 0 0 149919711 168216680 214426229 232651675 X 10250150 8358202 -311383 X false true X true true true X 11576463 13405556 10992690 12574946 13667049 62216704 0 0 11576463 13405556 10992690 12574946 13667049 62216704 253205 61963499 1213808 911520 3518240 1321187 1646733 8611488 0 0 0 0 0 0 38993 46400 57115 48946 70121 261575 71089767 645898891 0.8716 0.8770 X Schedule A, Part II Public Support Test PART II HAS BEEN COMPLETED TO PROVE THE COLLEGE MEETS THE PUBLIC SUPPORT TEST AND THEREFORE QUALIFIES TO USE THE SPECIAL RULE IN REPORTING ON SCHEDULE B. Schedule A, Part II, Line 10 Other Income DESCRIPTION - FUNDRAISING REVENUE, COLUMN A - 38993.0, COLUMN B - 46400.0, COLUMN C - 57115.0, COLUMN D - 48946.0, COLUMN E - 70121.0, COLUMN F - 261575.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1341295 17281750 X X X X false false true X 44054085 1404023 11508978 1161265 267575 55538246 42267782 1856986 1297667 1217291 151059 44054085 41745865 1604885 567474 1456265 194177 42267782 38695725 1194945 2978526 988692 134639 41745865 34227559 1268471 4894997 1695302 38695725 0.0 0.6077 0.3923 false false 9259772 9259772 143092036 46160888 96931148 35969481 21370285 14599196 31747389 8648626 23098763 143888879 HEDGE FUNDS OF FUNDS 10338515 F PRIVATE EQUITY FUNDS 5660894 F REAL ESTATE FUNDS 909927 F 16909336 FEDERAL PERKINS LOAN FUND 629926 Funds Held in Trust 373947 TUITION AND ROOM ADVANCES -12716 FEDERAL LOANS -112760 878397 X 98602646 8358202 195973 8554175 90048471 56595657 56595657 146644128 80305677 195973 195973 80109704 56284274 56284274 136393978 Schedule D, Part III, Line 4 Collections of art - description of collections THE MAZZA MUSEUM IS DEDICATED TO COLLECTING, EXHIBITING AND PRESERVING ORIGINAL ART FROM CHILDREN'S PICTURE BOOKS. THE MUSEUM IS THE WORLD'S FIRST AND LARGEST TEACHING MUSEUM DEVOTED TO LITERACY AND THE ART OF CHILDREN'S PICTURE BOOKS. FOUNDED IN 1982, THE MUSEUM CONTAINS MORE THAN 17,052 ORIGINAL ARTWORKS. Schedule D, Part IV, Line 2b Explanation of escrow agreement The University invests funds for the benefit of Winebrenner Theological Seminary. Schedule D, Part V, Line 4 Intended uses of endowment funds THE INTENDED USE OF THE ENDOWMENT FUND IS FOR SCHOLARSHIPS. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The University has been approved under Internal Revenue Code Section 501 (c)(3) as a nonprofit organization exempt from federal taxes on its normal activities. Accounting principles generally accepted in the United States of America prescribes recognition thresholds and measurement attributes for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Tax benefits will be recognized only if a tax position is more-likely-than-not sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized will be the largest amount of tax benefit that is greater than 50% likely being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax benefit will be recorded. Management has concluded that they are unaware of any tax benefits or liabilities to be recognized at July 31, 2021 and 2020. The University would recognize interest and penalties related to unrecognized tax benefits in interest and income tax expense, respectively. The University has no amounts accrued for interest or penalties for the years ended July 31, 2021 and 2020 and the University does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Rental Expense - 117642 Fundraising Expense - 78331 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Change in Split Interest Agreements - 311383 Scholarship Expense - 56284274 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Rental Expense - 117642 Fundraising Expense - 78331 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Scholarship Expense - 56284274 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY CLEARLY DEFINED IN ALL UNIVERSITY LITERATURE Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES: PASSED THROUGH THE GREATER CINCINNATI OCCUPATIONAL HEALTH CENTER, NIEHS HAZARDOUS WASTE WORKER HEALTH AND SAFETY TRAINING. U.S. DEPARTMENT OF STATE: BUREAU OF EDUCATIONAL AND CULTURAL AFFAIRS GRANT DIVISION, PROFESSIONAL AND CULTURAL EXCHANGE PROGRAMS - CITIZEN EXCHANGES. U.S. DEPARTMENT OF HOMELAND SECURITY: PASSED THROUGH EASTERN KENTUCKY UNIVERSITY, STATE AND LOCAL HOMELAND SECURITY TRAINING PROGRAM. U.S. DEPARTMENT OF HOMELAND SECURITY: PASSED THROUGH OHIO DEPARTMENT OF PUBLIC SAFETY, STATE AND LOCAL HOMELAND SECURITY TRAINING PROGRAM. NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION: PASSED THROUGH THE OHIO STATE UNIVERSITY RESEARCH FOUNDATION, RESEARCH AND DEVELOPMENT, EDUCATION AND TRAINING, AND ADVISORY SERVICES. Central America and the Caribbean 0 0 Investments 11847000 Middle East and North Africa 0 2 ,Program Services Recruiting/Academics 9080 Sub-Saharan Africa 0 5 ,Program Services Recruiting/Academics 1540 East Asia and the Pacific 0 11 ,Program Services Recruiting/Academics 3748 Europe (Including Iceland and Greenland) 0 15 ,Program Services Recruiting/Academics 1530 0 33 0 0 0 33 11862898 0 11862898 true false true true true false OILER GOLF OUTING 114121 44000 70121 0 22525 40302 6308 9196 0 0 114121 44000 70121 0 22525 40302 6308 9196 78331 -8210 true PRESIDENT SCHOLARSHIPS 1101 15513960 TRUSTEE SCHOLARSHIPS 557 11219605 FEDERAL GRANTS 1447 4173434 MEN'S ATHLETIC SCHOLARSHIPS 281 3887978 WOMEN'S ATHLETIC SCHOLARSHIPS 220 2715639 INTERNATIONAL SCHOLARSHIPS 76 772407 OHIO GRANTS 53 220731 ENDOWMENT SCHOLARSHIPS 594 1151465 OTHER SCHOLARSHIPS 3430 12052261 Dean's Scholarship 445 4576794 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. The financial aid office notifies students when our comprehensive endowment scholarship application goes live (first week of february). Once notified, students fill out an application to apply for the respective scholarship. If the scholarship is for a specific program, the dean or other faculty member for that program will review the applications and make recommendations to the financial aid office and who should receive the award. Financial aid verifies again if the student is still eligible for the award and issues the funds to the recommended students. The financial aid office monitors the use of the funds to ensure that they are used for their intended purpose. X X X true true X X X X false true false false false false false false false Katherine Fell President 334997 0 0 0 3834 0 50831 0 62947 0 452609 0 0 0 Thomas Lause Treasurer 187486 0 0 0 3494 0 2769 0 22122 0 215871 0 0 0 Marcia Latta VP of University Advancement 196707 0 0 0 12359 0 3540 0 11257 0 223863 0 0 0 Darin Fields VP of Academic Affairs 178461 0 0 0 0 0 3271 0 21343 0 203075 0 0 0 David Emsweller VP of Student Affairs 154800 0 0 0 0 0 3437 0 25455 0 183692 0 0 0 Raymond McCandless VP of Information Technology 150765 0 0 0 0 0 3273 0 21225 0 175263 0 0 0 Debra Parker Dean, College of Pharmacy 205473 0 0 0 0 0 4430 0 21714 0 231617 0 0 0 Patrick Malone Assoc. Dean of Pharmacy 146421 0 0 0 0 0 3181 0 21704 0 171306 0 0 0 Lori Ernsthausen Associate Professor and Associate Dean 135592 0 0 0 0 0 3012 0 28402 0 167006 0 0 0 Ryan Schneider Associate Professor, Associate Dean, and Department Chair 143441 0 0 0 0 0 2510 0 9725 0 155676 0 0 0 Brandon Heidipriem Assistant Vice President of Information Technology Services 129526 0 0 0 0 0 2152 0 24916 0 156594 0 0 0 Schedule J, Part I, Line 1a Travel for companions THE PRESIDENT'S SPOUSE ACCOMPANIES HER ON EVENTS DEEMED TO BE A BONA FIDE BUSINESS PURPOSE FOR THE UNIVERSITY. AS SUCH, THESE ARE NOT CONSIDERED TAXABLE INCOME TO THE PRESIDENT. Schedule J, Part I, Line 1a Health or social club dues or initiation fees THE UNIVERSITY PAYS FOR THE DUES AND HOSPITALITY EXPENSES AT THE FINDLAY COUNTRY CLUB FOR THE PRESIDENT, VP OF BUSINESS AFFAIRS, VP OF UNIVERSITY ADVANCEMENT, AND ATHLETIC DIRECTOR TO CULTIVATE POTENTIAL DONORS. THIS BENEFIT IS TREATED AS TAXABLE COMPENSATION. A OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756DTH9 2019-03-22 42123854 Current refunding of bonds issued: 3-6-2009 11-29-2012 5-5-2016 1-12-2017 11-9-2017 false false false B Blanchard Valley Port Authority 252586933 2017-08-30 6150000 ERP Financing false false false A 0 0 42123854 3146750 0 35589896 0 0 0 3387208 0 0 2019 true true true true B 2824544 0 6150000 0 0 0 51946 0 0 6098054 0 0 2020 false false true true A false false false false 0.0 0.0 0.0 false false true B false false false false 0.0 0.0 0.0 false false true A false true false false false false true B false true false false false false false true A true B true KATHLEEN CRATES FAMILY MEMBER OF LYNN CHILD, TRUSTEE 80974 COMPENSATION false YATES & YOUNG PLUMBING AND HEATING CO OWNED BY BOARD MEMBER CHRIS OSTRANDER 106796 PLUMBING & HVAC SERVICES false X 40 1352714 Other X 19 307757 Market value X Horse/Livestock 15 687000 Other X Miscellaneous Items 29 112642 Other 10 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - Number of Contributions Art - Works of art - Number of Contributions Other - Horse/Livestock Number of Contributions Other - Miscellaneous Items Number of Contributions Form 990, Part VI, Line 15b Process to establish compensation of other officers or key employees THE COMPENSATION OF THE OFFICERS IS DETERMINED BY THE PRESIDENT. THE PRESIDENT USES COMPARABILITY DATA TO REVIEW COMPENSATION. THIS PROCESS IS DONE ANNUALLY. Form 990, Part VI, Line 1a Delegate broad authority to a committee Article IV, Section 2: The Executive Committee shall exercise such powers as assigned to the Board of Trustees in emergency circumstances only, unless otherwise specifically assigned to the Board of Trustees in the Code of Regulations. The Committee shall provide general oversight and coordination appropriate to the duties of the Board itself, as needed, between meetings of the Board. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons Cheryl Buckland and Don Manley - Family relationship Form 990, Part VI, Line 11b Review of form 990 by governing body A final draft of the full Form 990, including all applicable schedules, was presented by our tax advisers to the audit committee. The presentation allows the committee and management to review and provide comments and explanations regarding changes to the redesigned form. The audit committee reviewed and approved the Form 990 on behalf of the entire governing body. This presentation was done on February 2, 2022. The full governing body received a copy of the full Form 990 electronically prior to the form being submitted electronically to the IRS. Form 990, Part VI, Line 12c Conflict of interest policy Board members, officers and key employees are required to annually disclose any conflicts of interests they may have with the organization. The Vice President of Business Affairs reviews each policy statement signed by these individuals to determine if any conflicts have occurred and need to be brought to the attention of the Board. If a conflict arises, the respective board member will abstain from any related discussion, vote or similar action on the matter. Form 990, Part VI, Line 15a Process to establish compensation of top management official The compensation committee has been given authority from the board to review and approve the compensation of the president and the treasurer (VP of Business Affairs) of the university. The compensation committee uses comparability data from higher education salary surveys, notable from the information published by College and University Professional Association for Human Resources (CUPA-HR). Once the compensation has been reviewed and approved the decision is documented within the compensation committee's minutes. The Board's Compensation Committee annually evaluates the President's performance, reviews appropriate data from "Administrators in Higher Education", provided by CUPA-HR, established the President's compensation package for the ensuing year, and documented same in contemporaneous minutes. Form 990, Part VI, Line 19 Required documents available to the public Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to Internal Revenue Code (IRC) Section 6104. These documents are not available to the public at this time. Form 990, Part VIII, Line 2f Other Program Service Revenue Veterinary Services Income - Total Revenue: 188332, Related or Exempt Function Revenue: 188332, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Miscellaneous Revenue - Total Revenue: 5669089, Related or Exempt Function Revenue: 5669089, 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 balances Change in split interest agreements - -311383; CHARITABLE REMAINDER TRUSTS (3) INVESTMENTS OH NA Trust false MILLSIX COMPANY 1000 NORTH MAIN STREET FINDLAY OH 45840 341081146 REAL ESTATE RENTAL OH UNIVERSITY OF FINDLAY S Corporation -3053 29530 1 true false false false false false false false false false false true false false false false false false false false