GORDON COLLEGE: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- GORDON COLLEGE (EIN 04-2104258)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-05-13
- IRS object ID
- 202231339349304743
- Schema version
- 2020v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-13T11:58:50-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 366055558 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 75 STATE STREET 13TH FLOOR | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02109 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042104258 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GORDON COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GORD | BusinessNameControlTxt |
| Phone | 9788674883 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 255 GRAPEVINE ROAD | AddressLine1Txt |
| City | WENHAM | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01984 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEPHEN LACORAZZA | PersonNm |
| Person Title | VP FOR FINANCE | PersonTitleTxt |
| Phone | 9788674883 | PhoneNum |
| Signature | 2022-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | STEPHEN | PersonFirstNm |
| Person Last | LACORAZZA | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ERIN COUTURE | PreparerPersonNm |
| PTIN | P01390592 | PTIN |
| Phone | 6177237900 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | D MICHAEL LINDSAY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 255 GRAPEVINE ROAD | AddressLine1Txt |
| City | WENHAM | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01984 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $184,842,476 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.GORDON.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1889 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | GORDON COLLEGE STRIVES TO GRADUATE MEN & WOMEN DISTINGUISHED BY (CONTINUED ON SCHEDULE O) (CONTINUATION) INTELLECTUAL MATURITY AND CHRISTIAN CHARACTER, COMMITTED TO LIVES OF SERVICE AND PREPARED FOR LEADERSHIP WORLDWIDE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 28 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 23 | VotingMembersIndependentCnt |
| Total Employee | 1759 | TotalEmployeeCnt |
| Total Volunteers | 37 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $12,719,686 | PYContributionsGrantsAmt |
| CY Contributions Grants | $9,241,739 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $75,404,573 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $73,102,265 | CYProgramServiceRevenueAmt |
| PY Investment Income | $4,683,447 | PYInvestmentIncomeAmt |
| CY Investment Income | $25,024,121 | CYInvestmentIncomeAmt |
| PY Other Revenue | $14,885 | PYOtherRevenueAmt |
| CY Other Revenue | $32,623 | CYOtherRevenueAmt |
| PY Total Revenue | $92,822,591 | PYTotalRevenueAmt |
| CY Total Revenue | $107,400,748 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $28,673,450 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $30,044,326 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $38,376,462 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $34,749,081 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $78,970 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $108,025 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $3,012,566 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $24,066,584 | PYOtherExpensesAmt |
| CY Other Expenses | $24,626,977 | CYOtherExpensesAmt |
| PY Total Expenses | $91,195,466 | PYTotalExpensesAmt |
| CY Total Expenses | $89,528,409 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,627,125 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $17,872,339 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $201,331,768 | TotalAssetsBOYAmt |
| Total Assets EOY | $215,426,952 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $54,140,961 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $53,560,309 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $147,190,807 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $161,866,643 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $61,023,713 | ExpenseAmt |
| Grant | $29,947,801 | GrantAmt |
| Revenue | $55,174,683 | RevenueAmt |
| Desc | HIGHER EDUCATION: OUR LARGEST PROGRAM SERVICE IS PROVIDING EDUCATION AND INSTRUCTION TO INDIVIDUALS GIVING THEM AN OPPORTUNITY TO EARN A DEGREE. GORDON COLLEGE IS THE ONLY NONDENOMINATIONAL CHRISTIAN LIBERAL ARTS COLLEGE IN NEW ENGLAND. IT OFFERS 33 MAJORS AND CONFERS 3 SEPARATE UNDERGRADUATE DEGREES; BACHELOR OF ARTS, BACHELOR OF SCIENCE AND BACHELOR OF MUSIC. UNDERGRADUATE ENROLLMENT OF 1451 STUDENTS IS DRAWN FROM 46 STATES AND 35 COUNTRIES. IN 2020-21, GORDON COLLEGE ISSUED 362 UNDERGRADUATE DEGREES (WITH A SIX-YEAR GRADUATION RATE OF 72%). GORDON HAD A FACULTY TO STUDENT RATIO OF 10 TO 1 WITH 67% OF THE STUDENTS FROM OUTSIDE MASSACHUSETTS. OF THE 76 FULL-TIME FACULTY, 88% HAVE EARNED DOCTORATES. (CONTINUED ON SCHEDULE O)GORDON COLLEGE STUDENTS CAN TAKE ADVANTAGE OF A WIDE VARIETY OF OFF-CAMPUS PROGRAMS, BOTH DOMESTIC AND ABROAD. DURING 2020-21, 108 STUDENTS PARTICIPATED IN OFF-CAMPUS PROGRAMS AND SHORT-TERM INTERNATIONAL SEMINARS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $16,361,050 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $15,048,387 | RevenueAmt |
| Desc | AUXILIARY PROGRAMS RELATED TO THE EDUCATIONAL PROCESS FOR DORMITORY HOUSING, FOOD SERVICE, BOOKSTORE, LAVIDA OUTDOOR EXPERIENCE, BALANCE AND MOBILITY CENTER, SUMMER ATHLETIC CAMPS AND OTHER SUMMER PROGRAMS. THERE WERE 11811 RESIDENT STUDENTS IN THE FALL SEMESTER 2020 AND 1061 IN THE SPRING SEMESTER 2021. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,531,079 | ExpenseAmt |
| Grant | $96,525 | GrantAmt |
| Revenue | $2,879,195 | RevenueAmt |
| Desc | HIGHER EDUCATION: GORDON COLLEGE HAS GRADUATE PROGRAMS IN EDUCATION, MUSIC EDUCATION, LEADERSHIP, AND FINANCIAL ANALYSIS CONFERRING DEGREES IN MASTERS OF EDUCATION, MASTERS OF MUSIC EDUCATION, MASTER OF ARTS IN LEADERSHIP, AND MASTER OF SCIENCE IN FINANCIAL ANALYSIS. IN 2020-21, THE TOTAL OF UNDUPLICATED GRADUATE STUDENTS WAS 725 DRAWN FROM 23 STATES AND 19 COUNTRIES. GORDON COLLEGE CONFERRED 114 MASTERS' DEGREES IN 2020-21. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $78,915,842 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (1) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | Yes (1) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 216 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1759 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | IT | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 28 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 23 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
| Other | Yes (X) | OtherInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEPHEN D LACORAZZA GORDON COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9788674883 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 255 GRAPEVINE | AddressLine1Txt |
| City | WENHAM | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01984 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (39 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|---|
| D MICHAEL LINDSAY | |||||||||
| PRESIDENT | 60.00 | 0.00 | Yes (X) | $573,134 | $0 | $80,628 | |||
| JOHN TRUSCHEL | |||||||||
| VP FOR FINANCE & BD (THRU OF 11/20) | 60.00 | 0.00 | Yes (X) | $208,294 | $0 | $23,565 | |||
| RICHARD SWEENEY | |||||||||
| VICE PRESIDENT FOR MARKETING & EXTERNAL RELATIONS | 60.00 | 0.00 | $161,264 | $0 | $65,656 | Yes (X) | |||
| LARRY DALE HOEZEE | |||||||||
| VP FOR ENROLLMENT | 60.00 | 0.00 | $167,713 | $0 | $31,863 | Yes (X) | |||
| DANIEL TYMANN | |||||||||
| EVP AND CHIEF OF STAFF | 60.00 | 0.00 | Yes (X) | $177,192 | $0 | $21,947 | |||
| JEWERL MAXWELL | |||||||||
| VICE PRESIDENT FOR ACADEMIC INITIATIVE | 60.00 | 0.00 | $165,355 | $0 | $26,815 | Yes (X) | |||
| SANDRA DONESKI | |||||||||
| EVP FOR ACAD AFFAIRS | 60.00 | 0.00 | Yes (X) | $166,700 | $0 | $21,585 | |||
| ALEXANDER LOWRY | |||||||||
| EXECUTIVE DIRECTOR, CAREER & CONNECT | 60.00 | 0.00 | $139,800 | $0 | $31,293 | Yes (X) | |||
| STEPHEN D LACORAZZAAS OF 1120 | |||||||||
| DIR. OF FIN. & CONTROLLER/VP FIN. | 60.00 | 0.00 | Yes (X) | $124,600 | $0 | $30,769 | |||
| SEAN CLARK | |||||||||
| PROFESSOR OF KINESIOLOGY | 60.00 | 0.00 | $107,825 | $0 | $24,902 | Yes (X) | |||
| JANEL CURRY THRU 0520 | |||||||||
| PROVOST | 60.00 | 0.00 | $118,992 | $0 | $9,879 | Yes (X) | |||
| BILL BROWN | |||||||||
| TRUSTEE | 1.00 | 0.00 | $5,000 | $0 | $0 | Yes (X) | |||
| HERMAN SMITH JR | |||||||||
| CHAIRMAN OF THE BOARD | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| MARK NORMAN | |||||||||
| VICE CHAIR | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| GORDON HALL | |||||||||
| TREASURER AND CLERK | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| TIMOTHY BREENE | |||||||||
| TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| DR DOROTHY CHAPPELL | |||||||||
| TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| FOSTER CHASE | |||||||||
| TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| DR TALAL DEBS | |||||||||
| TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| LISA FORKNER | |||||||||
| TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| CHARLEY GEORGE | |||||||||
| TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| DOUGLAS H GILBERT | |||||||||
| TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| PETER HERSCHEND | |||||||||
| TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| DR STUART KNECHTLE | |||||||||
| TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| BROWNYN LORING | |||||||||
| TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| REID MACLELLAN | |||||||||
| TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| NICOLE MARTIN | |||||||||
| TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| BARRY ROWAN | |||||||||
| TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| DANTE RUTSTROM | |||||||||
| TRUSTEE (AS OF 02/2021) | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| JESSIE SAINTCYR ESQ | |||||||||
| TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| JOHN SARGENT | |||||||||
| TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| SAMUEL SCHREINER III | |||||||||
| TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| SANTIAGO SEDACA | |||||||||
| TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| MARY SHAHIAN | |||||||||
| TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| MADELYN SHIELDS | |||||||||
| TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| DR CARRIE TIBBLES | |||||||||
| TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| KARON WILLIAMSON | |||||||||
| TRUSTEE (AS OF 02/2021) | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| REV DAVID WRIGHT ESQ | |||||||||
| TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| SUANNAH YOUNG | |||||||||
| TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,115,869 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $368,902 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 15 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BON APPETIT MANAGEMENT COMPANY | |||||
| PO BOX 417632 | BOSTON | MA | 02241 | DINING SERVICE MANAGEMENT | $2,653,446 |
| RUFFALO NOEL LEVITZ LLC | |||||
| PO BOX 718 | DES MOINES | IA | 50303 | ADMISSIONS CONSULTING/MARKETING | $570,648 |
| WELLINGTON TRUST COMPANY | |||||
| 250 CONGRESS STREET | BOSTON | MA | 02210 | INVESTMENT MANAGEMENT | $387,482 |
| SPRAQUE OPERATING RESOURCES LLC | |||||
| PO BOX 842985 | BOSTON | MA | 022842985 | ENERGY SUPPLIER | $334,948 |
| BREEN & SULLIVAN | |||||
| 7 HEALY COURT | DANVERS | MA | 01923 | ELECTRICAL CONTRACTOR | $327,852 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 8 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $2,568,493 | GovernmentGrantsAmt |
| All Other Contributions | $6,673,246 | AllOtherContributionsAmt |
| Noncash Contributions | $141,626 | NoncashContributionsAmt |
| Total Contributions | $9,241,739 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION FEES | 611310 | $57,716,322 | $57,716,322 |
| RESIDENCE HALL REVENUE | 611310 | $9,129,974 | $9,129,974 |
| BOARD PLAN | 611310 | $3,839,759 | $3,839,759 |
| ALL OTHER PROGRAM SERVICE REVENUE | 900099 | $1,313,055 | $1,313,055 |
| SUMMER PROGRAMS | 611310 | $1,051,989 | $1,051,989 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $51,166 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $51,166 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $73,102,265 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,318,762 | TotalRevenueColumnAmt |
| Exclusion | $1,318,762 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $20,028 | TotalRevenueColumnAmt |
| Exclusion | $20,028 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $12,595 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $12,595 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,595 | TotalRevenueColumnAmt |
| Exclusion | $12,595 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $101,147,087 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $77,441,728 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $23,705,359 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,705,359 | TotalRevenueColumnAmt |
| Exclusion | $23,705,359 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $107,400,748 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $73,102,265 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $25,056,744 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,439,338 | TotalAmt |
| Program Services | $27,439,338 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,604,988 | TotalAmt |
| Program Services | $2,604,988 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,121,753 | TotalAmt |
| Management And General | $1,111,828 | ManagementAndGeneralAmt |
| Fundraising | $9,925 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $158,730 | TotalAmt |
| Program Services | $122,480 | ProgramServicesAmt |
| Fundraising | $36,250 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,467,984 | TotalAmt |
| Program Services | $19,475,661 | ProgramServicesAmt |
| Management And General | $4,643,797 | ManagementAndGeneralAmt |
| Fundraising | $1,348,526 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,004 | TotalAmt |
| Program Services | $35,716 | ProgramServicesAmt |
| Management And General | $10,542 | ManagementAndGeneralAmt |
| Fundraising | $2,746 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,187,409 | TotalAmt |
| Program Services | $4,534,880 | ProgramServicesAmt |
| Management And General | $1,303,046 | ManagementAndGeneralAmt |
| Fundraising | $349,483 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,764,201 | TotalAmt |
| Program Services | $1,285,832 | ProgramServicesAmt |
| Management And General | $379,525 | ManagementAndGeneralAmt |
| Fundraising | $98,844 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $151,944 | TotalAmt |
| Management And General | $137,544 | ManagementAndGeneralAmt |
| Fundraising | $14,400 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $111,564 | TotalAmt |
| Management And General | $111,564 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $108,025 | TotalAmt |
| Fundraising | $108,025 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $392,492 | TotalAmt |
| Management And General | $392,492 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,369,319 | TotalAmt |
| Program Services | $5,529,784 | ProgramServicesAmt |
| Management And General | $1,681,051 | ManagementAndGeneralAmt |
| Fundraising | $158,484 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $334,000 | TotalAmt |
| Program Services | $38,609 | ProgramServicesAmt |
| Fundraising | $295,391 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,379,630 | TotalAmt |
| Program Services | $1,587,155 | ProgramServicesAmt |
| Management And General | $632,930 | ManagementAndGeneralAmt |
| Fundraising | $159,545 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,240,020 | TotalAmt |
| Program Services | $363,872 | ProgramServicesAmt |
| Management And General | $697,361 | ManagementAndGeneralAmt |
| Fundraising | $178,787 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,988,017 | TotalAmt |
| Program Services | $3,854,134 | ProgramServicesAmt |
| Management And General | $112,469 | ManagementAndGeneralAmt |
| Fundraising | $21,414 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $764,114 | TotalAmt |
| Program Services | $603,208 | ProgramServicesAmt |
| Management And General | $135,226 | ManagementAndGeneralAmt |
| Fundraising | $25,680 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,924 | TotalAmt |
| Program Services | $16,921 | ProgramServicesAmt |
| Management And General | $1,748 | ManagementAndGeneralAmt |
| Fundraising | $255 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,118,347 | TotalAmt |
| Program Services | $4,763,134 | ProgramServicesAmt |
| Management And General | $298,065 | ManagementAndGeneralAmt |
| Fundraising | $57,148 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $370,427 | TotalAmt |
| Program Services | $73,444 | ProgramServicesAmt |
| Management And General | $295,349 | ManagementAndGeneralAmt |
| Fundraising | $1,634 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| CARES ACT | $1,008,224 | $1,008,224 | ||
| BOND EXPENSES | $473,760 | $473,760 | ||
| SPECIAL EVENTS | $443,866 | $227,930 | $142,591 | $73,345 |
| ALLOCATION OF OPERATION | $0 | $4,297,794 | -$4,310,188 | $12,394 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $462,329 | TotalAmt |
| Program Services | $1,052,738 | ProgramServicesAmt |
| Management And General | -$650,699 | ManagementAndGeneralAmt |
| Fundraising | $60,290 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,528,409 | TotalAmt |
| Program Services | $78,915,842 | ProgramServicesAmt |
| Management And General | $7,600,001 | ManagementAndGeneralAmt |
| Fundraising | $3,012,566 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,836,356 | BOYAmt |
| EOY | $11,784,212 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,258,687 | BOYAmt |
| EOY | $2,854,154 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,859,766 | BOYAmt |
| EOY | $44,300,008 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,150,183 | BOYAmt |
| EOY | $1,719,133 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,374 | BOYAmt |
| EOY | $13,924 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,311,526 | BOYAmt |
| EOY | $1,208,229 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $179,425,750 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $130,575,389 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,099,269 | BOYAmt |
| EOY | $48,850,361 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,885,133 | BOYAmt |
| EOY | $101,554,210 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,118,886 | BOYAmt |
| EOY | $22,999 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,107,087 | BOYAmt |
| EOY | $1,532,723 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $688,501 | BOYAmt |
| EOY | $1,586,999 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $201,331,768 | BOYAmt |
| EOY | $215,426,952 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,654,575 | BOYAmt |
| EOY | $2,125,759 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,513,653 | BOYAmt |
| EOY | $10,441,595 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,054,400 | BOYAmt |
| EOY | $32,207,225 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $156,495 | BOYAmt |
| EOY | $139,456 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,184,433 | BOYAmt |
| EOY | $2,242,570 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,577,405 | BOYAmt |
| EOY | $6,403,704 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,140,961 | BOYAmt |
| EOY | $53,560,309 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,158,374 | BOYAmt |
| EOY | $38,059,146 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $116,032,433 | BOYAmt |
| EOY | $123,807,497 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $147,190,807 | BOYAmt |
| EOY | $161,866,643 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $201,331,768 | BOYAmt |
| EOY | $215,426,952 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $17,872,339 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$4,500,682 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $1,304,179 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $33,469,811 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,748,236 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $59,085,163 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,719,686 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,241,739 | CurrentTaxYearAmt |
| Total | $126,264,635 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $33,469,811 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,748,236 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $59,085,163 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,719,686 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,241,739 | CurrentTaxYearAmt |
| Total | $126,264,635 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $61,598,593 | SubstantialContributorsTotAmt |
| Public Support Total170 | $64,666,042 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,055,786 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,726,753 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,497,716 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,671,853 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,331,357 | CurrentTaxYearAmt |
| Total | $7,283,465 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,265 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $800 | CurrentTaxYearMinus3YearsAmt |
| Total | $6,065 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $133,554,165 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $386,625,415 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.48420 | PublicSupportCY170Pct |
| Public Support PY170 | 0.43430 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $78,099,186 | BeginningYearBalanceAmt |
| Contributions | $5,208,842 | ContributionsAmt |
| Investment Earnings Or Losses | $19,472,316 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,105,789 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,737,845 | OtherExpendituresAmt |
| End Year Balance | $98,936,710 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $73,914,132 | BeginningYearBalanceAmt |
| Contributions | $5,031,687 | ContributionsAmt |
| Investment Earnings Or Losses | $2,623,669 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,820,618 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,649,684 | OtherExpendituresAmt |
| End Year Balance | $78,099,186 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $56,810,323 | BeginningYearBalanceAmt |
| Contributions | $15,555,686 | ContributionsAmt |
| Investment Earnings Or Losses | $4,672,531 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,804,225 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,320,183 | OtherExpendituresAmt |
| End Year Balance | $73,914,132 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $49,942,959 | BeginningYearBalanceAmt |
| Contributions | $5,843,872 | ContributionsAmt |
| Investment Earnings Or Losses | $3,388,246 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,369,542 | GrantsOrScholarshipsAmt |
| Other Expenditures | $995,212 | OtherExpendituresAmt |
| End Year Balance | $56,810,323 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $44,166,187 | BeginningYearBalanceAmt |
| Contributions | $2,727,170 | ContributionsAmt |
| Investment Earnings Or Losses | $5,441,734 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,415,902 | GrantsOrScholarshipsAmt |
| Other Expenditures | $976,230 | OtherExpendituresAmt |
| End Year Balance | $49,942,959 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.28000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.51000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.21000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,799,226 | OtherCostOrOtherBasisAmt |
| Book Value | $1,799,226 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $129,854,628 | OtherCostOrOtherBasisAmt |
| Depreciation | $87,662,866 | DepreciationAmt |
| Book Value | $42,191,762 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $34,855,276 | OtherCostOrOtherBasisAmt |
| Depreciation | $32,000,816 | DepreciationAmt |
| Book Value | $2,854,460 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,916,620 | OtherCostOrOtherBasisAmt |
| Depreciation | $10,911,707 | DepreciationAmt |
| Book Value | $2,004,913 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $48,850,361 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| FAIR VALUE INTEREST RATE SWAP | $2,924,390 |
| PERKINS LOAN ADVANCES | $1,781,061 |
| ANNUITY PAYMENT OBLIGATIONS | $1,234,410 |
| CONDITIONAL ASSET RETIREMENT OBLIGATION | $463,843 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $6,403,704 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $72,732,416 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$4,500,682 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $220,968 | OtherRevenueAmt |
| Revenue Not Reported | -$4,279,714 | RevenueNotReportedAmt |
| Revenue Subtotal | $77,012,130 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $392,492 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $29,996,126 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $30,388,618 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $107,400,748 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $58,052,831 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $362,294 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $362,294 | ExpensesNotReportedAmt |
| Expenses Subtotal | $57,690,537 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $392,492 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $31,445,380 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $31,837,872 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $89,528,409 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 1A: | THE COLLEGE HOLDS CERTAIN COLLECTIONS OF WORKS OF ART AND FURNISHINGS. THESE COLLECTIONS ARE HOUSED IN A PROTECTED ENVIRONMENT AND ARE USED FOR EXHIBITION PURPOSES FOR THE PUBLIC, FOR EDUCATION AND RESEARCH, AS WELL AS FOR THE FURTHERANCE OF SERVICE TO THE PUBLIC. THESE COLLECTIONS ARE NOT DISPOSED OF FOR FINANCIAL GAINS NOR ARE THEY ENCUMBERED IN ANY MANNER. ACCORDINGLY, THESE COLLECTIONS ARE NOT CAPITALIZED OR RECORDED FOR PURPOSES OF PREPARING THE ACCOMPANYING FINANCIAL STATEMENTS. |
| PART III, LINE 4: | OCCASIONALLY THE COLLEGE RECEIVES GIFTS OF ART OR COLLECTIBLES WHICH ARE PUT ON DISPLAY IN VARIOUS BUILDINGS THROUGHOUT THE CAMPUS. WE ALSO MAINTAIN LIBRARY ARCHIVES OF COLLEGE HISTORICAL DOCUMENTS AND BOOK COLLECTIONS KEPT FOR POSTERITY. |
| PART IV, LINE 2B: | THE COLLEGE MAINTAINS CUSTODIAL OR "PASS THROUGH" ACCOUNTS FOR FEDERAL STUDENT LOANS, PELL GRANT AND STATE GRANTS. FUNDS ARE HELD IN THESE ACCOUNTS UNTIL DISTRIBUTED TO INDIVIDUAL STUDENTS. THE COLLEGE ALSO MAINTAINS CUSTODIAL ACCOUNTS FOR STUDENT GOVERNMENT AND STUDENT MINISTRY GROUPS AND ACTIVITIES. |
| PART V, LINE 4: | THE INTENDED USE OF ENDOWMENT FUNDS IS DRIVEN BY DONOR RESTRICTIONS ON OUR ENDOWMENTS. APPROXIMATELY 55% OF APPROPRIATED REVENUES THIS YEAR WERE IN SCHOLARSHIP AWARDS. 31% OF REVENUES SUPPORTED GENERAL ACTIVITIES AND PHYSICAL PLANT. THE REMAINING 14% WAS ALLOCATED TO INSTRUCTIONAL ACTIVITIES AND ACADEMIC SUPPORT PROGRAMS. DISTRIBUTIONS OF INCOME ARE MADE USING A TOTAL RETURN METHOD. WE USED A SPENDING RATE OF 6% OF THE 3 YEAR ROLLING AVERAGE OF THE FAIR MARKET VALUE OF THE INVESTMENTS. |
| PART X, LINE 2: | FIN 48 FOOTNOTE: THE COLLEGE IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED (THE "CODE"), AND IS GENERALLY EXEMPT FROM INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. THE COLLEGE IS REQUIRED TO ASSESS UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT THERE WERE NO SUCH POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. |
| PART XI, LINE 2D: | THIS FIGURE INCLUDES THE FWS APPORTIONMENT BUDGET ALLOCATION OF 188,033 INCLUDED IN INCOME ON THE FINANCIAL STATEMENTS, GORDON COLLEGE FOUNDATION INCOME OF 27,075 INCLUDED IN REVENUE ON THE FINANCIAL STATEMENTS AND LOSS ON DISPOSAL OF ASSETS OF 5,860. |
| PART XI, LINE 4B: | INCLUDED HERE ARE: SCHOLARSHIPS AND GRANTS OF 29,588,237 TREATED AS TUITION DISCOUNT ON THE FINANCIAL STATEMENTS; FEDERAL FINANCIAL AID AND GRANTS OF 407,889 TREATED AS PASS THROUGH ACTIVITY ON THE FINANCIAL STATEMENTS AND NOT REFLECTED IN INCOME. |
| PART XII, LINE 2D: | THIS FIGURE INCLUDES: FWS APPORTIONMENT BUDGET ALLOCATION OF 188,033 INCLUDED IN INCOME ON THE FINANCIAL STATEMENTS; GORDON COLLEGE FOUNDATION EXPENSES OF 29,186 INCLUDED IN EXPENSES ON THE FINANCIAL STATEMENTS; CHANGE IN FAIR VALUE OF SPLIT INTEREST AGREEMENTS OF 145,075. |
| PART XII, LINE 4B: | INCLUDED HERE ARE: SCHOLARSHIPS AND GRANTS OF 29,588,237 TREATED AS TUITION DISCOUNT ON THE FINANCIAL STATEMENTS; FEDERAL FINANCIAL AID AND GRANTS OF 407,889 TREATED AS PASS THROUGH ACTIVITY ON THE FINANCIAL STATEMENTS AND NOT REFLECTED IN EXPENSE; CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENTS OF 1,449,254. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | EXPLANATION OF NONDISCRIMINATION POLICY: GIVEN THE TECHNOLOGY AVAILABLE TODAY, WE HAVE INVESTED IN OUR WEB SITE AS THE WAY TO REACH THE MOST STUDENTS. OUR RACIALLY NONDISCRIMINATORY POLICY IS POSTED ON OUR WEB SITE. OUR PROMOTIONAL ACTIVITIES AND RECRUITING EFFORTS IN EACH GEOGRAPHIC AREA ARE DESIGNED TO INFORM STUDENTS OF ALL RACIAL SEGMENTS INTERESTED IN A CHRISTIAN COLLEGE OF THE AVAILABILITY OF GORDON COLLEGE. |
| SCHEDULE E, PART I, LINE 6 | GORDON COLLEGE RECEIVES TITLE IV FUNDS FOR AID TO STUDENTS FROM THE DEPARTMENT OF EDUCATION FOR FEDERAL WORK STUDY, FSEOG, FEDERAL PELL GRANT AND OTHER FEDERAL STUDENT AID GRANT PROGRAMS. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (10 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt | Specific Services ProvidedSpecificServicesProvidedTxt |
|---|---|---|---|---|---|
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | GRANTMAKING | $133,132 | |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | GRANTMAKING | $61,430 | |
| NORTH AMERICA | 0 | 0 | GRANTMAKING | $80,492 | |
| SOUTH AMERICA | 0 | 0 | GRANTMAKING | $193,757 | |
| SOUTH ASIA | 0 | 0 | GRANTMAKING | $491,204 | |
| SUB-SAHARAN AFRICA | 0 | 0 | GRANTMAKING | $727,789 | |
| EAST ASIA AND THE PACIFIC | 0 | 0 | GRANTMAKING | $917,184 | |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | PROGRAM SERVICES | $509,533 | STUDY ABROAD |
| SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, | 0 | 0 | PROGRAM SERVICES | $11,982 | STUDENT SERVICES |
| NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES | 0 | 0 | PROGRAM SERVICES | $2,811 | STUDENT SERVICES |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $3,114,521 | SubtotalSpentAmt |
| Continuation Spent | $14,793 | ContinuationSpentAmt |
| Total Spent | $3,129,314 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (7 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|---|---|
| SCHOLARSHIPS AND GRANTS | CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, | 8 | $133,132 | ACCOUNT CRED |
| SCHOLARSHIPS AND GRANTS | EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU | 4 | $61,430 | ACCOUNT CRED |
| SCHOLARSHIPS AND GRANTS | NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES | 3 | $80,492 | ACCOUNT CRED |
| SCHOLARSHIPS AND GRANTS | SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, | 8 | $193,757 | ACCOUNT CRED |
| SCHOLARSHIPS AND GRANTS | SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, | 30 | $491,204 | ACCOUNT CRED |
| SCHOLARSHIPS AND GRANTS | SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, | 22 | $727,789 | ACCOUNT CRED |
| SCHOLARSHIPS AND GRANTS | EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, | 46 | $917,184 | ACCOUNT CRED |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | GRANTS AND SCHOLARSHIPS TO INTERNATIONAL STUDENTS ARE TREATED AS TUITION DISCOUNTS AND ARE APPLIED AS ACCOUNTING CREDITS ON EACH STUDENT'S BILL. THEY ARE NOT PAID DIRECTLY TO THE STUDENT. MERIT SCHOLARSHIPS ARE AWARDED BASED ON ACADEMIC CRITERIA AND ARE RENEWED ANNUALLY BASED ON SATISFACTORY GPA REQUIREMENTS THAT ARE VERIFIED BY THE REGISTRAR'S OFFICE. DONATED SCHOLARSHIP FUNDS ARE AWARDED BASED ON CRITERIA PROVIDED BY DONORS. SPECIFIC ELIGIBILITY IS VERIFIED ANNUALLY BY THE REGISTRAR'S OFFICE, ADMISSIONS AND THE FINANCIAL AID OFFICE. NEED BASED GRANTS ARE AWARDED BASED ON THE STUDENT'S DETERMINED FINANCIAL NEED. THE COLLEGE USES INFORMATION PROVIDED BY THE CSS PROFILE OF THE COLLEGE BOARD. THE GRANT AMOUNT IS CARRIED FORWARD FROM YEAR TO YEAR UNLESS THERE IS A SIGNIFICANT CHANGE IN DETERMINED FINANCIAL NEED. |
| PART I, LINE 3: | EUROPE ONLY: WE OFFER SEMESTER BASED PROGRAMS IN ITALY AND THE BALKANS. EXPENDITURES ARE REPORTED USING ACCRUAL BASED ACCOUNTING. EMPLOYEE COMPENSATION IS PROCESSED THROUGH OUR CAMPUS PAYROLL SYSTEM. OTHER PROGRAM COSTS ARE MANAGED BY THE PROGRAM DIRECTORS. FUNDS ARE WIRED PERIODICALLY AT THE REQUEST OF THE PROGRAM LEADERS AND APPROVED BY THE GLOBAL EDUCATION ADMINISTRATOR. THE PROGRAM LEADERS PAY LOCAL EXPENSES. EXPENSE DOCUMENTATION IS SUBMITTED TO THE CONTROLLER'S OFFICE FOR REVIEW. COSTS RECORDED AT THE TIME OF THE WIRES ARE FOR TUITION, ROOM, BOARD AND INCIDENTALS OF THE STUDENTS. WE ALSO OFFER INTERNATIONAL SEMINAR COURSES WHICH ARE RUN FOR 2-4 WEEK PERIODS ON A SUBJECT RELATED TO THAT COUNTRY. IN COUNTRY EXPENSES ARE FOR FOOD, LODGING, TRANSPORTATION AND ENTRANCE FEES. THE GLOBAL EDUCATION OFFICE ALSO APPROVES STUDENTS TO ATTEND NON-GORDON PROGRAMS AT OTHER ORGANIZATIONS OR FOREIGN COLLEGES OR UNIVERSITIES. FUNDS ARE SENT ON BEHALF OF THOSE STUDENTS DIRECTLY TO THOSE PROGRAMS. OTHER REGIONS: WE OFFER INTERNATIONAL SEMINAR COURSES WHICH ARE RUN FOR 2-4 WEEK PERIODS ON A SUBJECT RELATED TO THAT COUNTRY. IN COUNTRY EXPENSES ARE FOR FOOD, LODGING, TRANSPORTATION AND ENTRANCE FEES. THE GLOBAL EDUCATION OFFICE ALSO APPROVES STUDENTS TO ATTEND NON-GORDON PROGRAMS AT OTHER ORGANIZATIONS OR FOREIGN COLLEGES OR UNIVERSITIES. FUNDS ARE SENT ON BEHALF OF THOSE STUDENTS DIRECTLY TO THOSE PROGRAMS. THE GLOBAL EDUCATION OFFICE APPROVES STUDENTS TO ATTEND NON-GORDON PROGRAMS AT OTHER ORGANIZATIONS OR FOREIGN COLLEGES OR UNIVERSITIES. FUNDS ARE SENT ON BEHALF OF THOSE STUDENTS DIRECTLY TO THOSE PROGRAMS. MISSIONS AND SERVICE LEARNING TRIPS: GOAL OF TRIPS IS TO HELP STUDENTS SERVE OVERSEAS FOR A PERIOD OF TIME RANGING FROM 3-10 WEEKS OVER SEMESTER OR SUMMER BREAKS. THEY ARE STUDENT LED/STAFF ADVISED. IN COUNTRY COSTS ARE FOR FOOD, HOUSING, TRANSPORTATION AND SERVICE PROJECT EXPENSES. WHERE POSSIBLE, FUNDS ARE WIRED FOR THESE COSTS BASED ON APPROVALS FROM THE DEAN OF CHAPEL. PER DIEM ADVANCES BASED ON STATE DEPARTMENT RATES ARE ISSUED TO TRIP LEADERS TO PAY IN COUNTRY COSTS. TRIP LEADERS MUST DOCUMENT THE EXPENSES WITH DETAILED ITINERARIES AND HAVE APPROVAL FROM THE DEAN OF CHAPEL. GLOBAL INTERNSHIPS: WE STRONGLY BELIEVE GLOBAL INTERNSHIPS PROVIDE OUR STUDENTS WITH RICH CROSS-CULTURAL EXPERIENCES, HELP THEM BUILD NETWORKS WITH GLOBAL ORGANIZATIONS IN DIVERSE AREAS OF WORK AND MINISTRY, AND POSITION THEM WELL TO MEET THE CHALLENGES IN AN INCREASINGLY COMPETITIVE WORLD. STUDENTS CAN APPLY FOR ASSISTANCE WITH TRAVEL COSTS TO INTERNATIONAL LOCATIONS THROUGH OUR AVA MEMMEN GLOBAL INTERNSHIP PROGRAM. THE PROGRAM IS ADMINISTERED BY THE EXECUTIVE VICE PRESIDENT AND THE CAREER SERVICES OFFICE. GLOBAL HONORS: THE COLLEGE HAS DEVELOPED AN HONORS PROGRAM FROM WHICH 12 TO 15 STUDENTS ARE SELECTED EACH YEAR. IN ADDITION TO SCHOLARSHIP, IT INVOLVES TRAVEL TO AN ECONOMICALLY DEPRESSED COUNTRY DURING THE FRESHMAN AND SOPHOMORE YEARS FOR LEARNING AND SERVICE OPPORTUNITIES. THE PRESIDENT AND ADMISSIONS COUNSELORS TRAVELED ON BEHALF OF THE COLLEGE FOR STUDENT RECRUITMENT AND PROGRAM DEVELOPMENT. THE PRESIDENT TRAVELED ON BEHALF OF THE COLLEGE FOR STUDENT RECRUITMENT AND PROGRAM DEVELOPMENT. THE PRESIDENT LED A TRIP FOR FRIENDS AND DONORS OF THE COLLEGE FOR DONOR RELATIONSHIP BUILDING AND CULTIVATION. GEO: GLOBAL EDUCATION STAFF TRAVELED TO VERIFY QUALITY OF VARIOUS OFF-CAMPUS PROGRAMS. |
| PART III ACCOUNTING METHOD: |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Gross ReceiptsGrossReceiptsAmt | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt |
|---|---|---|---|---|---|---|---|---|
| GENERIS PARTNERS LLC | ||||||||
| 6455 EAST JOHNS CROSSING | JOHNS CREEK | GA | 30097 | STRATEGY | 0 | $0 | $96,775 | $0 |
| JANET KARY | ||||||||
| 270 PELICAN POINTE ROAD | PONTE VEDRA | FL | 32081 | FUNDRAISING | 0 | $0 | $11,250 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $108,025 | TotalRetainedByContractorsAmt |
| Licensed States | AL | LicensedStatesCd |
| Licensed States | AK | LicensedStatesCd |
| Licensed States | AZ | LicensedStatesCd |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | DE | LicensedStatesCd |
| Licensed States | DC | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | GA | LicensedStatesCd |
| Licensed States | HI | LicensedStatesCd |
| Licensed States | ID | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
| Licensed States | IN | LicensedStatesCd |
| Licensed States | IA | LicensedStatesCd |
| Licensed States | KS | LicensedStatesCd |
| Licensed States | KY | LicensedStatesCd |
| Licensed States | LA | LicensedStatesCd |
| Licensed States | ME | LicensedStatesCd |
| Licensed States | MD | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
| Licensed States | MI | LicensedStatesCd |
| Licensed States | MN | LicensedStatesCd |
| Licensed States | MO | LicensedStatesCd |
| Licensed States | MT | LicensedStatesCd |
| Licensed States | NE | LicensedStatesCd |
| Licensed States | NV | LicensedStatesCd |
| Licensed States | NH | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NM | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | NC | LicensedStatesCd |
| Licensed States | ND | LicensedStatesCd |
| Licensed States | OH | LicensedStatesCd |
| Licensed States | OK | LicensedStatesCd |
| Licensed States | OR | LicensedStatesCd |
| Licensed States | PA | LicensedStatesCd |
| Licensed States | RI | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
| Licensed States | SD | LicensedStatesCd |
| Licensed States | TN | LicensedStatesCd |
| Licensed States | TX | LicensedStatesCd |
| Licensed States | UT | LicensedStatesCd |
| Licensed States | VT | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
| Licensed States | WI | LicensedStatesCd |
| Licensed States | WY | LicensedStatesCd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (7 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| SCHOLARSHIPS AND GRANTS TO STUDENTS | 1240 | $26,983,249 |
| FSEOG GRANTS TO STUDENTS | 174 | $162,460 |
| FWS GRANTS TO STUDENTS | 279 | $206,033 |
| FEDERAL TEACH GRANT | 11 | $39,396 |
| BAY AREA PROJECT AWARD | 7 | $21,200 |
| CENTER FOR ENTREPRENEURIAL LEADERSHIP AWARD | 2 | $7,000 |
| WRIGHT ANNUAL AWARD | 2 | $20,000 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GORDON COLLEGE AWARDS THREE TYPES OF GRANTS/SCHOLARSHIPS: MERIT SCHOLARSHIPS, NEED-BASED GRANTS AND ENDOWMENT FUNDED RESTRICTED SCHOLARSHIPS. MERIT SCHOLARSHIPS ARE AWARDED BASED ON THE INCOMING STUDENT'S ACADEMIC CRITERIA DETERMINED BY THE ADMISSIONS OFFICE. THESE SCHOLARSHIPS ARE RENEWED ANNUALLY BY VERIFICATION OF THE REGISTRAR'S OFFICE THAT CUMULATIVE GPA REQUIREMENTS ARE MET. NEED-BASED GRANTS ARE AWARDED BASED ON THE STUDENT'S DETERMINED FINANCIAL NEED. WE DETERMINE FINANCIAL NEED USING INFORMATION PROVIDED BY THE FAFSA. WE PRACTICE LEVEL-FUNDING OF THE NEED-BASED GRANTS TO FUTURE YEARS UNLESS THERE IS A SIGNIFICANT CHANGE IN DETERMINED FINANCIAL NEED. ENDOWMENT FUNDED RESTRICTED SCHOLARSHIPS ARE AWARDED BASED ON CRITERIA ESTABLISHED BY DONORS. THE CRITERIA INFORMATION ON SPECIFIC ELIGIBLE STUDENTS IS PROVIDED BY THE REGISTRAR, ADMISSIONS AND FINANCIAL AID OFFICES. STUDENTS ARE EVALUATED ANNUALLY TO VERIFY THEY CONTINUE TO MEET THE DONOR CRITERIA FOR AN ENDOWMENT AWARD. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D MICHAEL LINDSAY | ||||||||||||||
| PRESIDENT | $356,250 | $0 | $0 | $0 | $216,884 | $0 | $14,250 | $0 | $66,378 | $0 | $653,762 | $0 | $0 | $0 |
| JOHN TRUSCHEL | ||||||||||||||
| VP FOR FINANCE & BD (THRU OF 11/20) | $178,334 | $0 | $0 | $0 | $29,960 | $0 | $4,781 | $0 | $18,784 | $0 | $231,859 | $0 | $0 | $0 |
| RICHARD SWEENEY | ||||||||||||||
| VICE PRESIDENT FOR MARKETING & EXTER | $152,273 | $0 | $8,000 | $0 | $991 | $0 | $3,739 | $0 | $61,917 | $0 | $226,920 | $0 | $0 | $0 |
| LARRY DALE HOEZEE | ||||||||||||||
| VP FOR ENROLLMENT | $147,000 | $0 | $15,000 | $0 | $5,713 | $0 | $3,784 | $0 | $28,079 | $0 | $199,576 | $0 | $0 | $0 |
| DANIEL TYMANN | ||||||||||||||
| EVP AND CHIEF OF STAFF | $166,250 | $0 | $10,000 | $0 | $942 | $0 | $4,180 | $0 | $17,767 | $0 | $199,139 | $0 | $0 | $0 |
| JEWERL MAXWELL | ||||||||||||||
| VICE PRESIDENT FOR ACADEMIC INITIATI | $145,625 | $0 | $12,000 | $0 | $7,730 | $0 | $3,912 | $0 | $22,903 | $0 | $192,170 | $0 | $0 | $0 |
| SANDRA DONESKI | ||||||||||||||
| EVP FOR ACAD AFFAIRS | $166,250 | $0 | $0 | $0 | $450 | $0 | $4,168 | $0 | $17,417 | $0 | $188,285 | $0 | $0 | $0 |
| ALEXANDER LOWRY | ||||||||||||||
| EXECUTIVE DIRECTOR, CAREER & CONNECT | $138,900 | $0 | $0 | $0 | $900 | $0 | $3,480 | $0 | $27,813 | $0 | $171,093 | $0 | $0 | $0 |
| STEPHEN D LACORAZZAAS OF 1120 | ||||||||||||||
| DIR. OF FIN. & CONTROLLER/VP FIN. | $124,000 | $0 | $0 | $0 | $600 | $0 | $3,006 | $0 | $27,763 | $0 | $155,369 | $0 | $0 | $0 |
| JANEL CURRY THRU 0520 | ||||||||||||||
| PROVOST | $68,333 | $0 | $0 | $0 | $50,659 | $0 | $5,937 | $0 | $3,942 | $0 | $128,871 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | TRAVEL FOR COMPANIONS: OCCASIONALLY SPOUSES OF OFFICERS ACCOMPANY THEM ON BUSINESS TRIPS FOR THE COLLEGE. IN ORDER TO BE TREATED AS A WORKING CONDITION FRINGE BENEFIT, THE COLLEGE REQUIRES SUBSTANTIATION OF THE TRIP AS A BONAFIDE BUSINESS EXPENSE FOR BOTH THE OFFICER AND THE SPOUSE. IF THERE IS NO BUSINESS PURPOSE FOR THE SPOUSE, THE SPOUSAL TRAVEL IS TREATED AS TAXABLE INCOME TO THE OFFICER OR THE OFFICER REIMBURSES THE COLLEGE. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: ONE LISTED PERSON RECEIVED THIS BENEFIT. THE PRESIDENT IS REQUIRED TO LIVE IN ON-CAMPUS HOUSING FOR HOSTING PURPOSES AND 24/7 AVAILABILITY TO THE CAMPUS COMMUNITY. BECAUSE OF THIS REQUIREMENT, IT IS EXCLUDED FROM WAGES UNDER SECTION 119 OF THE IRS CODE. THE HOUSING VALUE INCLUDED IN NON-TAXABLE COMPENSATION WAS $36,915. |
| PART I, LINES 4A-B | PART I, LINE 4A: FORMER VP FOR FINANCE & BD, JOHN TRUSCHEL. SEPERATED FROM THE ORGANIZATION IN NOVEMBER OF 2020. PURSUANT TO HIS AGREEMENT, HE RECIEVED A SEVERANCE PAYMENT IN CALENDAR YEAR 2020. THIS AMOUNT IS REPORTED ON SCHEDULE J, PART II, COLUMN B(III). FORMER PROVOST, JANEL CURRY, SEPERATED FROM THE ORGANIZATION IN MAY OF 2020. PURSUANT TO HER AGREEMENT, SHE RECIEVED A SEVERANCE PAYMENT IN CALENDAR YEAR 2020. THIS AMOUNT IS REPORTED ON SCHEDULE J, PART II, COLUMN B(III). PART I, LINE 4B: ONE LISTED INDIVIDUAL HAD A SPLIT DOLLAR LIFE INSURANCE POLICY. THE SPLIT DOLLAR LIFE INSURANCE POLICY WAS TEMINATED IN 2020 AND THE TAXABLE INCOME ASSOCIATED WITH THE TERMINATION IS INCLUDED IN COLUMN B(III). |
| PART I, LINE 7 | OFFICERS WERE GIVEN BONUSES FOR EXCEEDING THE GOALS AND EXPECTATIONS ASSIGNED TO THEM FOR THE YEAR. RECOMMENDATIONS FOR BONUSES ARE MADE BY THE PRESIDENT TO THE EXECUTIVE COMMITTEE OF THE BOARD. THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS AND DETERMINES BONUS PAYMENTS. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASSACHUSETTS DEVELOPMENT FINANCE AGENCY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 043431814 | BondIssuerEIN |
| CUSIP | 000000000 | CUSIPNum |
| Bond Issued | 2020-10-31 | BondIssuedDt |
| Issue Price | $31,173,022 | IssuePriceAmt |
| Purpose | REFUND ISSUED FOR SERIES 2012 | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $31,173,022 | TotalProceedsAmt |
| Other Spent Proceeds | $31,173,022 | OtherSpentProceedsAmt |
| Substantial Completion | 2020 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | Yes (1) | MgmtContractBondFincdPropInd |
| Engage Bond Counsel Contracts | Yes (1) | EngageBondCounselContractsInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00760 | PrivateBusUseByOthersPct |
| Total Private Business Use | 0.00760 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | Yes (1) | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | Yes (1) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | Yes (1) | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INVESTORS BANK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 12.000000000000 | TermOfHedgePct |
| Superintegrated Hedge | 0 | SuperintegratedHedgeInd |
| Hedge Terminated | 0 | HedgeTerminatedInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART IV, LINE 3C | FormAndLineReferenceDesc |
| Explanation | THE COLLEGE HAS MULTIPLE INTEREST RATE SWAP AGREEMENTS, WITH TERMS (IN YEARS) 20, 26.2,10, AND 19 FOR THE $31,173,022 ISSUANCE AND TERMS (IN YEARS) 10, 20, 26.2, AND 10 FOR THE $10,000,000 ISSUANCE. GORDON COLLEGE PUT IN THE LONGEST SWAP TERM IN LINE 3C, SINCE WE ARE ONLY ABLE TO INPUT ONE TERM. | ExplanationTxt |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA NOT REQUIRED FOR COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship With Org | NA NOT REQUIRED FOR COLLEGE | RelationshipWithOrgTxt |
| Cash Grant | $206,800 | CashGrantAmt |
| Type Of Assistance | SCHOLARSHIP | TypeOfAssistanceTxt |
| Assistance Purpose | MERIT SCHOLARSHIPS | AssistancePurposeTxt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (5 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| JONATHAN TYMANN | |||
| BROTHER OF EVP | $149,223 | EMPLOYMENT COMPENSATION | 0 |
| REBECCA LINDSAY | |||
| SPOUSE OF PRESIDENT | $38,754 | EMPLOYMENT COMPENSATION | 0 |
| BENNETT FORKNER | |||
| SON OF TRUSTEE | $23,631 | EMPLOYMENT COMPENSATION | 0 |
| JORDAN TYMANN | |||
| NEPHEW OF EVP | $52,470 | EMPLOYMENT COMPENSATION | 0 |
| SARAH WELCH | |||
| NIECE OF EVP | $20,931 | EMPLOYMENT COMPENSATION | 0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCH L, PART III, GRANTS OR ASSISTANCE BENEFITTING INTERESTED PERSONS: | FormAndLineReferenceDesc |
| Explanation | THE $206,800 MERIT SCHOLARSHIPS REPORTED IS DISTRIBUTED AMONG TWELVE INTERESTED PERSONS. | ExplanationTxt |
Schedule M IRS990ScheduleM
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $0 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | COST OF DONATED PROPERTY | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 15 | ContributionCnt |
| Noncash Contributions Rpt F990 | $111,426 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV ON DATE RECEIVED | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | PIANO | 2 | $23,200 | COST OF DONATED PROP |
| Yes (X) | PAINTING | 1 | $7,000 | COST OF DONATED PROP |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE M, PART I, LINE 33 | FormAndLineReferenceDesc |
| Explanation | INSTITUTIONAL POLICY FOR WORKS OF ART IS TO NOT RECORD A GIFT VALUE. WE DO NOT CAPITALIZE OUR COLLECTIONS AS ALLOWED UNDER SFAS 116 (ASC 958-360-25). LINES 25, AND 26: REVENUES WERE NOT REPORTED BECAUSE THE GIFTS WERE NOT GIVEN A VALUE AS APPRAISALS WERE UNAVAILABLE. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: | GORDON COLLEGE'S PRIMARY RESPONSIBILITY IS TO PREPARE STUDENTS FOR THE LONG HAUL, TO MAKE THEM SPIRITUALLY, INTELLECTUALLY, RELATIONALLY AND PROFESSIONALLY READY FOR A LIFETIME OF GROWTH - FROM THE FIRST JOB OUT OF COLLEGE AND BEYOND INTO FIELDS NOT YET EXISTING. OUR MISSION IS TO THE FOUNDATION OF ALL WE DO AS WE INSPIRE THE NEXT GENERATION TOWARD FAITHFUL LEADERSHIP FOR THE COMMON GOOD. |
| PART V, LINE 2A: | EMPLOYEE BREAKOUT: STAFF - 748 STUDENT - 1011 TOTAL - 1759 |
| FORM 990, PART VI, SECTION B, LINE 11B | GRANT THORNTON PREPARES THE 990 AND SUBMITS IT FOR REVIEW TO THE VICE PRESIDENT FOR FINANCE, THE PRESIDENT AND DIRECTOR OF ACCOUNTING. THE FORM 990 IS ALSO REVIEWED BY TAX ADVISORS FROM A NATIONAL ACCOUNTING FIRM. ONCE THE FORM 990 IS APPROVED BY THE PRESIDENT AND VICE PRESIDENT, PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE, THE FORM 990, AS IT WILL ULTIMATELY BE FILED, IS PROVIDED TO THE BOARD FOR REVIEW AND APPROVAL. |
| FORM 990, PART VI, SECTION B, LINE 12C | AN ANNUAL DISCLOSURE FORM DELINEATING CONFLICTS IS DISTRIBUTED TO ALL TRUSTEES AT THE ANNUAL BOARD MEETING AND MUST BE SIGNED BY EACH TRUSTEE. A COPY IS MAILED TO ANY TRUSTEE WHO IS ABSENT AND MUST BE SIGNED AND RETURNED. TRUSTEES MUST RECUSE THEMSELVES FROM ANY DISCUSSION OF OR VOTE ON ANY ISSUE INVOLVING CONFLICTS OF INTEREST. KEY EMPLOYEES AND OFFICERS MUST ALSO SIGN AN ANNUAL CONFLICT OF INTEREST FORM WHICH CLEARLY DELINEATES CONFLICTS OF INTEREST. THE VICE PRESIDENT FOR FINANCE MONITORS AND REVIEWS THE CONFLICT OF INTEREST STATEMENTS. THE PRESIDENT'S OFFICE COLLECTS AND MAINTAINS THEM. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE COMMITTEE OF THE BOARD SERVES AS THE COMPENSATION COMMITTEE FOR THE PRESIDENT'S POSITION. THE EXECUTIVE COMMITTEE IS COMPRISED OF INDEPENDENT BOARD MEMBERS. CCC, CCCU AND OTHER PEER INSTITUTIONS COMPENSATION STUDIES OF COLLEGE PRESIDENTS ARE REVIEWED BY THE COMMITTEE AND THE SALARY IS SET BY COMMITTEE VOTE. THE PRESIDENT HAS AN ANNUAL REVIEW BY THE COMMITTEE AND IS JUDGED BASED ON ATTAINMENT OF GOALS FOR THE YEAR. THE PRESIDENT SUBMITS COMPENSATION COMPARABILITY DATA TO THE COMMITTEE FOR THE PROVOST, VICE PRESIDENT FOR FINANCE AND EXECUTIVE VICE PRESIDENT POSITIONS. COMPENSATION INCREASES AND BONUSES, IF ANY, ARE BASED UPON JOB PERFORMANCE AND THE INDEPENDENT STUDIES. MINUTES ARE KEPT OF THE PROCESS AND THE COMMITTEE VOTE. THE LAST REVIEW PROCESS TOOK PLACE IN 2021. |
| FORM 990, PART VI, SECTION C, LINE 19 | OUR GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST AND ON OUR PUBLIC WEB SITE. OUR CONFLICT OF INTEREST POLICY IS AVAILABLE ON OUR PUBLIC WEB SITE. OUR FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND COPIES ARE MAINTAINED IN THE COLLEGE LIBRARY. |
| FORM 990, PART XI, LINE 9: | INTEREST RATE SWAP FAIR VALUE ADJUSTMENT 1,449,254. CHANGE IN FAIR VALUE OF SPLIT-INTEREST AGREEMENTS -145,075. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GORDON COLLEGE FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 255 GRAPESVINE ROAD | AddressLine1Txt |
| City | WENHAM | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01984 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 222610484 | EIN |
| Primary Activities | LAND USE | PrimaryActivitiesTxt |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 12A, I | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GORDON COLLE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARITABLE REMAINDER TRUSTS(4) | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 255 GRAPEVINE ROAD | AddressLine1Txt |
| City | WENHAM | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01984 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | CHARITABLE GIFT | PrimaryActivitiesTxt |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Entity Type | T | EntityTypeTxt |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | Yes (1) | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |