LYNN UNIVERSITY INC: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- LYNN UNIVERSITY INC (EIN 59-1023117)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-02-17
- IRS object ID
- 202240489349300819
- 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 C
- Schedule D
- Schedule E
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-02-17T10:03:56-06:00 | 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 ST 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 | 591023117 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LYNN UNIVERSITY INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LYNN | BusinessNameControlTxt |
| Phone | 5612377181 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3601 NORTH MILITARY TRAIL | AddressLine1Txt |
| City | BOCA RATON | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33431 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KEVIN ROSS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 5612377181 | PhoneNum |
| Signature | 2022-02-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | KEVIN | PersonFirstNm |
| Person Last | ROSS | 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 |
| Preparation | 2022-02-16 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | 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 | KEVIN ROSS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3601 NORTH MILITARY TRAIL | AddressLine1Txt |
| City | BOCA RATON | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33431 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $120,821,492 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LYNN.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1962 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | THE MISSION OF LYNN UNIVERSITY IS TO PROVIDE AN INNOVATIVE, GLOBAL AND PERSONALIZED EDUCATION THAT ENABLES STUDENTS TO REALIZE THEIR POTENTIAL. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 1332 | TotalEmployeeCnt |
| Total Volunteers | 10 | TotalVolunteersCnt |
| Total Gross UBI | $61,440 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $40,109 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $17,262,425 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,886,420 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $115,838,185 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $112,144,116 | CYProgramServiceRevenueAmt |
| PY Investment Income | $610,611 | PYInvestmentIncomeAmt |
| CY Investment Income | $748,767 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,682,466 | PYOtherRevenueAmt |
| CY Other Revenue | $732,021 | CYOtherRevenueAmt |
| PY Total Revenue | $135,393,687 | PYTotalRevenueAmt |
| CY Total Revenue | $119,511,324 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $32,282,260 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $33,888,042 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $53,361,439 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $49,145,127 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $3,961,596 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $41,825,630 | PYOtherExpensesAmt |
| CY Other Expenses | $36,167,496 | CYOtherExpensesAmt |
| PY Total Expenses | $127,469,329 | PYTotalExpensesAmt |
| CY Total Expenses | $119,200,665 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $7,924,358 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $310,659 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $202,368,133 | TotalAssetsBOYAmt |
| Total Assets EOY | $203,973,646 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $89,699,651 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $80,695,116 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $112,668,482 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $123,278,530 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | FOUNDED IN 1962 AND LOCATED IN BOCA RATON, FLORIDA., LYNN UNIVERSITY IS AN INDEPENDENT, COEDUCATIONAL INSTITUTION ACCREDITED BY THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS COMMISSION ON COLLEGES (SACSCOC). (CONT. IN SCH O)THE UNIVERSITY'S MISSION IS TO PROVIDE AN INNOVATIVE, GLOBAL AND PERSONALIZED EDUCATION THAT ENABLES STUDENTS TO REALIZE THEIR POTENTIAL. THE INSTITUTION AIMS TO ACHIEVE ITS MISSION THROUGH INNOVATIVE CURRICULUM, TECHNOLOGY AND CAMPUS DESIGN. THE LYNN 2025 STRATEGIC PLAN CONTAINS THE FOLLOWING STRATEGIC PRIORITIES: 1) ENGAGE: WE WILL ENGAGE WITH OUR CONSTITUENTS TO FURTHER FOSTER A CULTURE OF PRIDE, LOYALTY AND SUPPORT. 2) ELEVATE: WE WILL ELEVATE THE LYNN EXPERIENCE, BUILDING ON OUR STRONG FOUNDATIONS TO CONTINUALLY IMPROVE AND ADAPT. 3) EXPAND: WE WILL EXPAND OUR PROGRAMS, SERVICES, OPPORTUNITIES AND CAPABILITIES. READ THE FULL STRATEGIC PLAN AT LYNN.EDU/STRATEGY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $58,172,807 | ExpenseAmt |
| Grant | $27,449,314 | GrantAmt |
| Revenue | $66,809,234 | RevenueAmt |
| Desc | THE UNIVERSITY OFFERS BACHELOR'S AND MASTER'S DEGREES AND A DOCTORAL DEGREE. THE ACADEMIC PROGRAM IS DESIGNED FOR TRADITIONAL-AGED STUDENTS, AS WELL AS A GROWING POPULATION OF ADULT LEARNERS. LYNN UNIVERSITY HAS MORE THAN 3,300 STUDENTS FROM MORE THAN 100 COUNTRIES AND NEARLY ALL 50 STATES. THE UNIVERSITY OFFERS 42 UNDERGRADUATE MAJORS AND 37 GRADUATE SPECIALIZATIONS. LYNN UNIVERSITY IS PROUD OF ITS TRADITION OF EDUCATING MEN AND WOMEN WHO ASSUME POSITIONS OF RESPONSIBILITY AND BECOME LEADERS IN THEIR CHOSEN PROFESSIONS. THE UNIVERSITY IS COMMITTED TO STUDENT-CENTERED LEARNING, WHERE FACULTY AND STAFF PROVIDE PERSONALIZED ATTENTION TO STUDENTS WHO HAVE VARYING LEVELS OF ACADEMIC PROFICIENCY AND ARE MOTIVATED TO EXCEL. (CONTINUED ON SCH O) | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $19,365,479 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $33,239,855 | RevenueAmt |
| Desc | A PROGRAM OF ACTIVITIES COMPLEMENTS THE ACADEMIC CURRICULUM. STUDENTS CHOOSE THOSE ACTIVITIES THAT WILL CONTRIBUTE TO THEIR PERSONAL DEVELOPMENT AND ENJOYMENT - STUDENT GOVERNMENT, SERVICE CLUBS, SPORTS, SOCIAL FRATERNITIES, AND NUMEROUS SPECIAL INTEREST ORGANIZATIONS. SOCIAL ACTIVITIES INCLUDE GAME SHOWS, DANCES, COMEDIANS, LIVE MUSIC, INTERNATIONAL FESTIVALS, FILMS, POOL PARTIES, SPORTS DAYS, INTRAMURAL SPORTS, AWARD DINNERS AND NOVELTY ENTERTAINMENT. INDIVIDUAL INTERESTS RANGING FROM THE FINE ARTS TO PROFESSIONAL FOOTBALL, BASEBALL, BASKETBALL AND HOCKEY TO GOURMET DINING CAN BE FOUND IN SOUTH FLORIDA. LYNN UNIVERSITY HOLDS MEMBERSHIP IN THE NATIONAL COLLEGIATE ATHLETIC ASSOCIATION (NCAA), DIVISION II, AND THE SUNSHINE STATE ATHLETIC CONFERENCE. (CONTINUED ON SCH O) | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $20,496,420 | ExpenseAmt |
| Grant | $6,438,728 | GrantAmt |
| Revenue | $12,827,048 | RevenueAmt |
| Desc | THE UNIVERSITY MAINTAINS SIX RESIDENCE HALLS THAT PROVIDE FULL LIVING ACCOMMODATIONS FOR THE UNDERGRADUATE STUDENT POPULATION. EACH ROOM IS FURNISHED TO MEET STUDENTS' NEEDS, INCLUDING TV CABLE AND WIRELESS INTERNET SERVICE. UNIVERSITY MEAL PLANS ARE AVAILABLE FOR BOTH RESIDENTIAL AND NON-RESIDENTIAL. SODEXO IS THE FOOD SERVICE VENDOR. FACULTY, STAFF AND VISITORS CAN ALSO PURCHASE BLOCK MEAL PLANS. THE LYNN UNIVERSITY CAMPUS STORE OFFERS SCHOOL-BRANDED CLOTHING, ACCESSORIES, AND VARIOUS OTHER SUPPLIES. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CLASSICAL MUSIC IS PROVIDED TO THE UNIVERSITY COMMUNITY AS WELL AS THE GENERAL PUBLIC BY STUDENTS AND FACULTY BY THE LYNN UNIVERSITY CONSERVATORY OF MUSIC. ADDITIONALLY, STUDENTS IN THE DRAMA B.F.A. PROGRAM AND PROFESSIONAL ACTORS AND MUSICIANS PERFORM ON CAMPUS IN THE PERFORMING ARTS CENTER. MANY OPPORTUNITIES TO SHARE CULTURE AND IDEAS ARE OFFERED THROUGH LECTURE SERIES AND COMMUNITY DISCOURSE. DURING THE SUMMER MONTHS, A PORTION OF THE UNIVERSITY'S EDUCATIONAL FACILITIES ARE USED TO PROVIDE INSTRUCTION TO CHILDREN AGED 3-13 WHO ATTEND PINE TREE CAMPS SUMMER SESSIONS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $98,034,706 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 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 | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 4115 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1332 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | 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 |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TOM ROONEY | PersonNm |
| Phone | 5612377181 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3601 NORTH MILITARY TRAIL | AddressLine1Txt |
| City | BOCA RATON | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33431 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| KEVIN M ROSS | ||||||||||
| PRESIDENT | 40.00 | 0.00 | Yes (X) | Yes (X) | $611,972 | $0 | $252,699 | |||
| LAURIE LEVINE | ||||||||||
| VP FOR BUSINESS & FINANCE (THRU 1/2020) | 40.00 | 0.00 | $499,459 | $0 | $156,571 | Yes (X) | ||||
| GREGORY J MALFITANO | ||||||||||
| SVP FOR DEVELOPMENT & ADMINISTRATION | 40.00 | 0.00 | $392,452 | $0 | $40,679 | Yes (X) | ||||
| SHERRIE WELDON | ||||||||||
| CHIEF MARKETING OFFICER | 40.00 | 0.00 | $310,382 | $0 | $36,533 | Yes (X) | ||||
| GARETH P FOWLES | ||||||||||
| VP FOR ENROLLMENT MANAGEMENT | 40.00 | 0.00 | $270,962 | $0 | $17,400 | Yes (X) | ||||
| CHRISTIAN G BONIFORTI | ||||||||||
| CHIEF INFORMATION OFFICER | 40.00 | 0.00 | $267,313 | $0 | $43,320 | Yes (X) | ||||
| KATRINA CARTER-TELLISON | ||||||||||
| VP FOR ACADEMIC AFFAIRS | 40.00 | 0.00 | $244,831 | $0 | $44,737 | Yes (X) | ||||
| THOMAS ROONEY | ||||||||||
| CFO AND TREASURER | 40.00 | 0.00 | Yes (X) | $235,252 | $0 | $19,851 | ||||
| MICHAEL ANTONELLO | ||||||||||
| GENERAL COUNSEL AND SECRETARY | 40.00 | 0.00 | Yes (X) | $219,211 | $0 | $61,611 | ||||
| RALPH T GOOD | ||||||||||
| DEAN COLLEGE OF BUSINESS | 40.00 | 0.00 | $209,673 | $0 | $23,291 | Yes (X) | ||||
| MICHAEL PETROSKI | ||||||||||
| ACADEMIC DEAN | 40.00 | 0.00 | $204,623 | $0 | $23,716 | Yes (X) | ||||
| RALPH J NORCIO | ||||||||||
| ASSOCIATE DEAN, BUSINESS SCHOOL | 40.00 | 0.00 | $196,361 | $0 | $25,992 | Yes (X) | ||||
| MIKE BOLDUC | ||||||||||
| DIRECTOR OF FINANCE OPERATIONS | 40.00 | 0.00 | $190,835 | $0 | $45,904 | Yes (X) | ||||
| KATHLEEN WEIGEL | ||||||||||
| DEAN | 40.00 | 0.00 | $187,988 | $0 | $9,001 | Yes (X) | ||||
| MATTHEW P CHALOUX | ||||||||||
| DIRECTOR, AUXILIARY SERVICES | 40.00 | 0.00 | $186,508 | $0 | $85,396 | Yes (X) | ||||
| ANTHONY ALTIERI | ||||||||||
| VP FOR STUDENT LIFE | 40.00 | 0.00 | $175,386 | $0 | $11,419 | Yes (X) | ||||
| GREGG C COX | ||||||||||
| SENIOR ADVISOR TO THE PRESIDENT | 40.00 | 0.00 | $171,509 | $0 | $25,844 | Yes (X) | ||||
| DEVIN CROSBY | ||||||||||
| ATHLETICS DIRECTOR | 40.00 | 0.00 | $158,365 | $0 | $34,519 | Yes (X) | ||||
| CHRISTINE LYNN | ||||||||||
| CHAIRPERSON | 2.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| J HAGOOD ELLISON JR | ||||||||||
| TRUSTEE (THRU 7/20) | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| JAMES MILBY | ||||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| STEPHEN SNYDER | ||||||||||
| VICE CHAIR | 2.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| JEFF PEARLMAN | ||||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| WILLIAM REHRIG | ||||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| PAUL ROBINO | ||||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| JAN CARLSSON | ||||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| VICTORIA RIXON | ||||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| R BRAD OSBORNE JR | ||||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,733,082 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $958,483 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 73 | 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 |
|---|---|---|---|---|---|
| SODEXO | |||||
| 3601 N MILITARY TRAIL | BOCA RATON | FL | 33431 | FOOD SERVICES | $1,648,960 |
| EAB | |||||
| PO BOX 603519 | CHARLOTTE | NC | 28260 | INFORMATION TECHNOLOGY MARKETINGS SVCS | $1,177,432 |
| WORKDAY INC | |||||
| PO BOX 396106 | SAN FRANCISCO | CA | 94139 | INFORMATION TECHNOLOGY SERVICES | $601,294 |
| ALL CAMPUS LLC | |||||
| 500 W MADISON SUITE 2900 | CHICAGO | IL | 60606 | PROFESSIONAL MARKETING SERVICES | $591,445 |
| MINUTE CLINIC LLC | |||||
| PO BOX 8433 | BELFAST | ME | 04915 | PROFESSIONAL HEALTH SERVICES | $382,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 11 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $2,703,550 | GovernmentGrantsAmt |
| All Other Contributions | $3,182,870 | AllOtherContributionsAmt |
| Noncash Contributions | $143,638 | NoncashContributionsAmt |
| Total Contributions | $5,886,420 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION & RELATED FEES | 611710 | $99,715,275 | $99,715,275 |
| ROOM & BOARD | 611710 | $11,790,728 | $11,790,728 |
| CAMP FEES | 900099 | $313,553 | $313,553 |
| CAMPUS STORE SALES | 451211 | $300,746 | $300,746 |
| STUDENT ACTIVITY INC. | 611710 | $23,814 | $23,814 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $112,144,116 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $98,591 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $61,440 | UnrelatedBusinessRevenueAmt |
| Exclusion | $37,151 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,960,344 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,310,168 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $650,176 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $650,176 | TotalRevenueColumnAmt |
| Exclusion | $650,176 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| CONTRACT REVENUE | 900099 | $310,000 | $310,000 |
| COMMISSION REBATE | 900099 | $224,759 | $224,759 |
| MISCELLANEOUS REVENUE | 900099 | $197,262 | $197,262 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $732,021 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $119,511,324 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $112,876,137 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $61,440 | UnrelatedBusinessRevenueAmt |
| Exclusion | $687,327 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,888,042 | TotalAmt |
| Program Services | $33,888,042 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,058,955 | TotalAmt |
| Program Services | $1,855,037 | ProgramServicesAmt |
| Management And General | $2,827,504 | ManagementAndGeneralAmt |
| Fundraising | $376,414 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $357,272 | TotalAmt |
| Program Services | $150,778 | ProgramServicesAmt |
| Management And General | $206,494 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,944,950 | TotalAmt |
| Program Services | $30,407,290 | ProgramServicesAmt |
| Management And General | $1,853,055 | ManagementAndGeneralAmt |
| Fundraising | $1,684,605 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,633,521 | TotalAmt |
| Program Services | $1,269,728 | ProgramServicesAmt |
| Management And General | $269,088 | ManagementAndGeneralAmt |
| Fundraising | $94,705 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,255,944 | TotalAmt |
| Program Services | $3,847,830 | ProgramServicesAmt |
| Management And General | $1,182,000 | ManagementAndGeneralAmt |
| Fundraising | $226,114 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,894,485 | TotalAmt |
| Program Services | $2,362,723 | ProgramServicesAmt |
| Management And General | $389,131 | ManagementAndGeneralAmt |
| Fundraising | $142,631 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $193,310 | TotalAmt |
| Program Services | $1,092 | ProgramServicesAmt |
| Management And General | $191,545 | ManagementAndGeneralAmt |
| Fundraising | $673 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $234,195 | TotalAmt |
| Management And General | $234,195 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $680,317 | TotalAmt |
| Management And General | $680,317 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $734,242 | TotalAmt |
| Program Services | $182,350 | ProgramServicesAmt |
| Management And General | $314,152 | ManagementAndGeneralAmt |
| Fundraising | $237,740 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,144,854 | TotalAmt |
| Program Services | $249,089 | ProgramServicesAmt |
| Management And General | $1,947 | ManagementAndGeneralAmt |
| Fundraising | $893,818 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,197,884 | TotalAmt |
| Program Services | $4,442,363 | ProgramServicesAmt |
| Management And General | $662,111 | ManagementAndGeneralAmt |
| Fundraising | $93,410 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,637,608 | TotalAmt |
| Program Services | $256,348 | ProgramServicesAmt |
| Management And General | $2,381,260 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,037,400 | TotalAmt |
| Program Services | $4,077,568 | ProgramServicesAmt |
| Management And General | $935,992 | ManagementAndGeneralAmt |
| Fundraising | $23,840 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $296,723 | TotalAmt |
| Program Services | $281,384 | ProgramServicesAmt |
| Management And General | $1,697 | ManagementAndGeneralAmt |
| Fundraising | $13,642 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,949 | TotalAmt |
| Program Services | $15,926 | ProgramServicesAmt |
| Management And General | $1,774 | ManagementAndGeneralAmt |
| Fundraising | $249 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,787,586 | TotalAmt |
| Program Services | $1,680,331 | ProgramServicesAmt |
| Management And General | $107,255 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,685,761 | TotalAmt |
| Program Services | $5,847,176 | ProgramServicesAmt |
| Management And General | $2,833,066 | ManagementAndGeneralAmt |
| Fundraising | $5,519 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,830,534 | TotalAmt |
| Program Services | $2,680,726 | ProgramServicesAmt |
| Management And General | $143,322 | ManagementAndGeneralAmt |
| Fundraising | $6,486 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| RECRUITMENT EXPENSES | $1,398,567 | $1,382,833 | $15,734 | |
| COVID EXPENDITURES | $1,032,109 | $389,566 | $642,543 | |
| SUBSCRIPTION & DUES | $649,250 | $224,888 | $325,187 | $99,175 |
| STUDENT PROGRAMMING | $377,601 | $371,723 | $5,878 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,231,606 | TotalAmt |
| Program Services | $2,169,915 | ProgramServicesAmt |
| Management And General | $999,116 | ManagementAndGeneralAmt |
| Fundraising | $62,575 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $119,200,665 | TotalAmt |
| Program Services | $98,034,706 | ProgramServicesAmt |
| Management And General | $17,204,363 | ManagementAndGeneralAmt |
| Fundraising | $3,961,596 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,200 | BOYAmt |
| EOY | $26,840 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,290,939 | BOYAmt |
| EOY | $14,454,698 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,256,931 | BOYAmt |
| EOY | $3,127,539 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,762,689 | BOYAmt |
| EOY | $1,489,746 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,121,072 | BOYAmt |
| EOY | $2,176,750 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $333,020 | BOYAmt |
| EOY | $166,424 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $275,472 | BOYAmt |
| EOY | $328,164 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $262,423,818 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $131,400,771 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $138,199,276 | BOYAmt |
| EOY | $131,023,047 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,934,107 | BOYAmt |
| EOY | $4,170,647 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,904,708 | BOYAmt |
| EOY | $38,790,567 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $766,974 | BOYAmt |
| EOY | $681,755 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,510,745 | BOYAmt |
| EOY | $7,537,469 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $202,368,133 | BOYAmt |
| EOY | $203,973,646 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,284,148 | BOYAmt |
| EOY | $6,648,694 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,887,073 | BOYAmt |
| EOY | $17,431,610 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,472,550 | BOYAmt |
| EOY | $52,964,833 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,066,965 | BOYAmt |
| EOY | $86,691 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,988,915 | BOYAmt |
| EOY | $3,563,288 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $89,699,651 | BOYAmt |
| EOY | $80,695,116 | 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 | $69,950,085 | BOYAmt |
| EOY | $75,144,891 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,718,397 | BOYAmt |
| EOY | $48,133,639 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $112,668,482 | BOYAmt |
| EOY | $123,278,530 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $202,368,133 | BOYAmt |
| EOY | $203,973,646 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $310,659 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $9,112,696 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $1,186,693 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,389,758 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,433,610 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,652,781 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $17,262,425 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,886,420 | CurrentTaxYearAmt |
| Total | $44,624,994 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,389,758 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,433,610 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,652,781 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $17,262,425 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,886,420 | CurrentTaxYearAmt |
| Total | $44,624,994 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $15,196,363 | SubstantialContributorsTotAmt |
| Public Support Total170 | $29,428,631 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $646,756 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $806,001 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $625,289 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $761,501 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $37,151 | CurrentTaxYearAmt |
| Total | $2,876,698 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,143 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $168,433 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $61,440 | CurrentTaxYearAmt |
| Total | $237,016 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $995,202 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,001,213 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,445,227 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,336,809 | CurrentTaxYearMinus1YearAmt |
| Total | $4,778,451 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $52,517,159 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $230,783,152 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.56040 | PublicSupportCY170Pct |
| Public Support PY170 | 0.52780 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
| Facts And Circumstances Test | TO QUALIFY FOR LIMITED DONOR DISCLOSURE UNDER THE SPECIAL RULE ON SCHEDULE B, THE PUBLIC SUPPORT TEST HAS BEEN COMPLETED TO DEMONSTRATE THE UNIVERSITY MEETS THE QUANTITATIVE SUPPORT TEST UNDER SECTION 509(A)(1) OF THE INTERNAL REVENUE CODE, WHICH REQUIRES AN ORGANIZATION TO RECEIVE A SUBSTANTIAL PART OF ITS SUPPORT FROM A GOVERNMENTAL UNIT OR FROM THE GENERAL PUBLIC. | FactsAndCircumstancesTestTxt |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | GROSS INCOME FROM GAMING - 2016 AMOUNT: $ 6,097. 2017 AMOUNT: $ 4,545. 2018 AMOUNT: $ 5,060. COMMUNITY CULTURAL AFFAIRS - 2016 AMOUNT: $ 464,193. 2017 AMOUNT: $ 431,999. 2018 AMOUNT: $ 465,841. 2019 AMOUNT: $ 431,931. OTHER INCOME - 2016 AMOUNT: $ 466,427. 2017 AMOUNT: $ 506,107. 2018 AMOUNT: $ 918,312. 2019 AMOUNT: $ 904,878. GROSS INCOME FROM FUNDRAISING EVENTS - 2016 AMOUNT: $ 58,485. 2017 AMOUNT: $ 58,562. 2018 AMOUNT: $ 56,014. | ExplanationTxt |
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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $822 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $822 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | LYNN UNIVERSITY IS A MEMBER OF NACUBO AND NAICU, BOTH ORGANIZATIONS USED A SMALL PERCENTAGE OF MEMBER DUES FOR LOBBYING. OF THE $16,057 IN MEMBER DUES $822 WAS RELATED TO LOBBYING. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $0 | RevenuesIncludedAmt |
| Assets Included | $1,766,599 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $30,904,708 | BeginningYearBalanceAmt |
| Contributions | $599,554 | ContributionsAmt |
| Investment Earnings Or Losses | $9,469,243 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,178,392 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,004,546 | OtherExpendituresAmt |
| End Year Balance | $38,790,567 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $27,608,363 | BeginningYearBalanceAmt |
| Contributions | $1,112,039 | ContributionsAmt |
| Investment Earnings Or Losses | $3,552,224 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $730,664 | GrantsOrScholarshipsAmt |
| Other Expenditures | $637,254 | OtherExpendituresAmt |
| End Year Balance | $30,904,708 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $26,639,336 | BeginningYearBalanceAmt |
| Contributions | $969,027 | ContributionsAmt |
| Investment Earnings Or Losses | $348,743 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $187,077 | GrantsOrScholarshipsAmt |
| Other Expenditures | $161,666 | OtherExpendituresAmt |
| End Year Balance | $27,608,363 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $25,875,764 | BeginningYearBalanceAmt |
| Contributions | $486,160 | ContributionsAmt |
| Investment Earnings Or Losses | $1,558,700 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $676,975 | GrantsOrScholarshipsAmt |
| Other Expenditures | $604,313 | OtherExpendituresAmt |
| End Year Balance | $26,639,336 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $24,031,367 | BeginningYearBalanceAmt |
| Contributions | $965,224 | ContributionsAmt |
| Investment Earnings Or Losses | $2,068,241 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $625,584 | GrantsOrScholarshipsAmt |
| Other Expenditures | $563,484 | OtherExpendituresAmt |
| End Year Balance | $25,875,764 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.11880 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.67660 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.20460 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $110,000 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $9,605,349 | OtherCostOrOtherBasisAmt |
| Book Value | $9,715,349 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $192,289,333 | OtherCostOrOtherBasisAmt |
| Depreciation | $79,694,209 | DepreciationAmt |
| Book Value | $112,595,124 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $54,378,275 | OtherCostOrOtherBasisAmt |
| Depreciation | $48,180,013 | DepreciationAmt |
| Book Value | $6,198,262 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,040,861 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,526,549 | DepreciationAmt |
| Book Value | $2,514,312 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $131,023,047 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ALTERNATIVE INVESTMENTS | Desc |
| Book Value | $38,790,567 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $38,790,567 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| CAPITAL LEASES | $1,220,214 |
| FINANCIAL DERIVATIVE | $1,720,044 |
| DEFERRED COMPENSATION PAYABLE | $425,000 |
| OTHER | $198,030 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,563,288 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $95,242,354 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $9,112,696 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$32,701,349 | OtherRevenueAmt |
| Revenue Not Reported | -$23,588,653 | RevenueNotReportedAmt |
| Revenue Subtotal | $118,831,007 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $680,317 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $680,317 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $119,511,324 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $84,632,306 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $84,632,306 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $680,317 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $33,888,042 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $34,568,359 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $119,200,665 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | COLLECTIONS OF ART DESCRIPTION OF COLLECTIONS: THE UNIVERSITY HAS A COLLECTION OF ART, DISPLAYED IN THE LIBRARY. THE COLLECTION OF ART INCLUDES SCULPTURES, CARVINGS AND TEXTILE ARTS, WHICH ARE DISPLAYED IN OPEN AREAS OF THE UNIVERSITY LIBRARY FOR THE ENJOYMENT OF THE PUBLIC. THE STUDY OF THESE PIECES IS INCORPORATED INTO COURSES IN ART HISTORY, ART APPRECIATION AND INTERCULTURAL STUDIES. |
| PART V, LINE 4: | INTENDED USES OF ENDOWMENT: THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 80 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF EDUCATIONAL PURPOSES, SCHOLARLY DEVELOPMENT, AND TO ENHANCE STUDENT LIFE ON CAMPUS. ITS ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS, CLASSIFIED BY THE BOARD OF TRUSTEES, TO FUNCTION AS ENDOWMENTS AND TO FURTHER THESE GOALS. |
| PART X, LINE 2: | FIN 48 (ASC 740) FOOTNOTE THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXATION AS DEFINED BY SECTIONS 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS GENERALLY EXEMPT FROM STATE INCOME TAXES UNDER THE PROVISIONS OF THE FLORIDA NONPROFIT CORPORATION ACT. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. MANAGEMENT EVALUATED THE UNIVERSITY'S TAX POSITIONS AND CONCLUDED THAT THE UNIVERSITY HAD TAKEN NO UNCERTAIN TAX POSITIONS AND IN ADDITION, UNRELATED BUSINESS INCOME TAX FOR THE UNIVERSITY, IF ANY, IS IMMATERIAL AND WILL NOT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF FASB ASC 470, INCOME TAXES. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | STUDENT AID EXPENSE -33,888,042. GAIN ON DERIVATIVES 1,186,693. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | STUDENT AID EXPENSE 33,888,042. |
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 | LYNN UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, GENDER, RELIGION, SEXUAL ORIENTATION, NATIONAL ORIGIN, DISABILITY, GENETIC INFORMATION, AGE, PREGNANCY OR PARENTING STATUS, VETERAN STATUS OR RETIREMENT STATUS IN ITS ACTIVITIES AND PROGRAMS. IN ACCORDANCE WITH TITLE IX OF THE EDUCATION AMENDMENTS OF 1972, LYNN UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF SEX. THE UNIVERSITY'S NON-DISCRIMINATION AND ANTI-HARASSMENT POLICY CAN BE FOUND ON THE UNIVERSITY'S WEBSITE AT: HTTPS://WWW.LYNN.EDU/UNIVERSITY-POLICIES/VOLUME-I-GOVERNANCE-AND-ADMINISTRA TION/NON-DISCRIMINATION-AND-ANTI-HARASSMENT-POLICY INQUIRIES CONCERNING THE APPLICATION OF THE NON-DISCRIMINATION POLICY MAY BE DIRECTED TO THE UNIVERSITY COMPLIANCE OFFICER/TITLE IX COORDINATOR. |
| SCHEDULE E, PART I, LINE 6 | DEPARTMENT OF EDUCATION: FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT, FEDERAL WORK-STUDY, FEDERAL PERKINS LOAN, FEDERAL PELL GRANT, FEDERAL DIRECT STUDENT LOANS, AND ACADEMIC COMPETITIVENESS GRANT. FLORIDA DEPARTMENT OF EDUCATION: FLORIDA MINORITY TEACHER'S FUND, FLORIDA RESIDENT ACCESS GRANT, FLORIDA WORK EXPERIENCE PROGRAM, FLORIDA PRIVATE STUDENT ASSISTANCE GRANT AND FLORIDA BRIGHT FUTURES SCHOLARSHIP PROJECT. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| ATHLETIC SCHOLARSHIP AWARDS | 250 | $4,728,024 |
| ACADEMIC SCHOLARSHIP AWARDS | 2219 | $26,289,396 |
| NEED BASED SCHOLARSHIP AWARDS | 553 | $2,870,622 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | PROCEDURES FOR MONITORING USE OF GRANT FUNDS THE UNIVERSITY AWARDS GRANTS AND LOANS BASED ON A SCHOLARSHIP PROGRAM AND THE FEDERAL GOVERNMENT REQUIREMENTS FOR ALL PROGRAMS. THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) MUST BE FILLED OUT AND ELIGIBILITY IS DETERMINED BASED ON THE INFORMATION PROVIDED. THE GRANT AWARDED IS CREDITED TO THEIR TUITION ACCOUNT AT LYNN UNIVERSITY. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discretionary Spending Acct | Yes (X) | DiscretionarySpendingAcctInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | 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 | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (18 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KEVIN M ROSS | ||||||||||||||
| PRESIDENT | $476,047 | $0 | $72,175 | $0 | $63,750 | $0 | $117,100 | $0 | $135,599 | $0 | $864,671 | $0 | $0 | $0 |
| LAURIE LEVINE | ||||||||||||||
| VP FOR BUSINESS & FINANCE (THRU 1/20 | $36,466 | $0 | $0 | $0 | $462,993 | $0 | $152,216 | $0 | $4,355 | $0 | $656,030 | $0 | $0 | $0 |
| GREGORY J MALFITANO | ||||||||||||||
| SVP FOR DEVELOPMENT & ADMINISTRATION | $346,552 | $0 | $0 | $0 | $45,900 | $0 | $17,100 | $0 | $23,579 | $0 | $433,131 | $0 | $0 | $0 |
| SHERRIE WELDON | ||||||||||||||
| CHIEF MARKETING OFFICER | $235,349 | $0 | $75,000 | $0 | $33 | $0 | $14,202 | $0 | $22,331 | $0 | $346,915 | $0 | $50,000 | $0 |
| GARETH P FOWLES | ||||||||||||||
| VP FOR ENROLLMENT MANAGEMENT | $270,922 | $0 | $0 | $0 | $40 | $0 | $15,828 | $0 | $1,572 | $0 | $288,362 | $0 | $0 | $0 |
| CHRISTIAN G BONIFORTI | ||||||||||||||
| CHIEF INFORMATION OFFICER | $267,279 | $0 | $0 | $0 | $34 | $0 | $16,331 | $0 | $26,989 | $0 | $310,633 | $0 | $0 | $0 |
| KATRINA CARTER-TELLISON | ||||||||||||||
| VP FOR ACADEMIC AFFAIRS | $244,797 | $0 | $0 | $0 | $34 | $0 | $15,182 | $0 | $29,555 | $0 | $289,568 | $0 | $0 | $0 |
| THOMAS ROONEY | ||||||||||||||
| CFO AND TREASURER | $172,299 | $0 | $0 | $0 | $62,953 | $0 | $10,112 | $0 | $9,739 | $0 | $255,103 | $0 | $0 | $0 |
| MICHAEL ANTONELLO | ||||||||||||||
| GENERAL COUNSEL AND SECRETARY | $219,173 | $0 | $0 | $0 | $38 | $0 | $12,829 | $0 | $48,782 | $0 | $280,822 | $0 | $0 | $0 |
| RALPH T GOOD | ||||||||||||||
| DEAN COLLEGE OF BUSINESS | $209,640 | $0 | $0 | $0 | $33 | $0 | $12,429 | $0 | $10,862 | $0 | $232,964 | $0 | $0 | $0 |
| MICHAEL PETROSKI | ||||||||||||||
| ACADEMIC DEAN | $204,454 | $0 | $0 | $0 | $169 | $0 | $12,082 | $0 | $11,634 | $0 | $228,339 | $0 | $0 | $0 |
| RALPH J NORCIO | ||||||||||||||
| ASSOCIATE DEAN, BUSINESS SCHOOL | $196,322 | $0 | $0 | $0 | $39 | $0 | $6,592 | $0 | $19,400 | $0 | $222,353 | $0 | $0 | $0 |
| MIKE BOLDUC | ||||||||||||||
| DIRECTOR OF FINANCE OPERATIONS | $180,001 | $0 | $0 | $0 | $10,834 | $0 | $10,258 | $0 | $35,646 | $0 | $236,739 | $0 | $0 | $0 |
| KATHLEEN WEIGEL | ||||||||||||||
| DEAN | $187,954 | $0 | $0 | $0 | $34 | $0 | $8,664 | $0 | $337 | $0 | $196,989 | $0 | $0 | $0 |
| MATTHEW P CHALOUX | ||||||||||||||
| DIRECTOR, AUXILIARY SERVICES | $178,079 | $0 | $0 | $0 | $8,429 | $0 | $10,978 | $0 | $74,418 | $0 | $271,904 | $0 | $0 | $0 |
| ANTHONY ALTIERI | ||||||||||||||
| VP FOR STUDENT LIFE | $175,352 | $0 | $0 | $0 | $34 | $0 | $10,567 | $0 | $852 | $0 | $186,805 | $0 | $0 | $0 |
| GREGG C COX | ||||||||||||||
| SENIOR ADVISOR TO THE PRESIDENT | $171,481 | $0 | $0 | $0 | $28 | $0 | $10,568 | $0 | $15,276 | $0 | $197,353 | $0 | $0 | $0 |
| DEVIN CROSBY | ||||||||||||||
| ATHLETICS DIRECTOR | $158,332 | $0 | $0 | $0 | $33 | $0 | $8,232 | $0 | $26,287 | $0 | $192,884 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | DISCRETIONARY SPENDING ACCOUNT THE PRESIDENT HAS A DISCRETIONARY SPENDING ACCOUNT WHICH IS PART OF HIS EMPLOYMENT CONTRACT AND IS INCLUDED IN TAXABLE COMPENSATION. HOUSING ALLOWANCE THE PRESIDENT OF LYNN UNIVERSITY IS REQUIRED TO OCCUPY UNIVERSITY-OWNED HOUSING AS A CONDITION OF EMPLOYMENT. THE ANNUAL FAIR RENTAL VALUE OF THE HOUSING AND UTILITIES OF $113,988 IS INCLUDED IN THE PRESIDENT'S COMPENSATION AS A NONTAXABLE BENEFIT. THE BENEFIT IS EXCLUDED FROM TAXABLE COMPENSATION PURSUANT TO IRC SECTION 119. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES THE UNIVERSITY PAYS FOR COUNTRY CLUB MEMBERSHIPS FOR THE PURPOSE OF FUNDRAISING AND DEVELOPMENT FOR THE SVP FOR DEVELOPMENT AND ADMINISTRATION. IT WAS DETERMINED THAT 100% OF SUCH FEES PAID DURING THE YEAR WERE RELATED TO BUSINESS USE. THE ENTIRE AMOUNT OF THESE FEES WAS TREATED AS TAXABLE COMPENSATION TO THE INDIVIDUAL. |
| PART I, LINE 4B | SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN DURING 2020 THE UNIVERSITY ACCRUED AMOUNTS INCLUDED IN SCHEDULE J, PART II, COLUMN C INTO A NONQUALIFIED SUPPLEMENTAL DEFERRED COMPENSATION PLAN FOR THE PRESIDENT. ADDITIONALLY, THE UNIVERSITY MAINTAINS A SPECIAL DEFERRED COMPENSATION AWARD PLAN FOR SELECTED EMPLOYEEES. FOR THE CALENDAR YEAR 2020, THE UNIVERSITY ACCRUED AMOUNTS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN C. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|
| PALM BEACH COUNTY EDUCATIONAL FACILITIES AUTHORITY | |||||||
| A | 521562288 | 2012-05-23 | $11,077,544 | PURCHASE ENERGY CONSERVATION EQUIPMENT | 0 | 0 | 0 |
| PALM BEACH COUNTY EDUCATIONAL FACILITIES AUTHORITY | |||||||
| B | 521562288 | 2013-06-19 | $25,000,000 | REFINANCE 2001 AND 2009 BOND ISSUES AND FUND CONSTRUCTION PROJECTS | 0 | 0 | 0 |
| PALM BEACH COUNTY EDUCATIONAL FACILITIES AUTHORITY | |||||||
| C | 521562288 | 2016-04-13 | $19,315,100 | CONSTRUCTION OF NEW UPPER-CLASSMEN DORMITORY | 0 | 0 | 0 |
| PALM BEACH COUNTY EDUCATIONAL FACILITIES AUTHORITY | |||||||
| D | 521562288 | 2017-08-28 | $25,000,000 | CONSTRUCTION OF NEW STUDENT CENTER | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Other Spent ProceedsOtherSpentProceedsAmt | Capitalized InterestCapitalizedInterestAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $5,265,057 | $11,096,806 | $64,700 | $11,032,106 | 2014 | 0 | 0 | 0 | Yes (1) | ||
| B | $6,104,300 | $25,000,000 | $300,709 | $4,331,060 | 2013 | Yes (1) | 0 | 0 | Yes (1) | $20,368,231 | |
| C | $2,163,200 | $19,315,100 | $231,655 | $18,130,161 | 2017 | 0 | 0 | 0 | Yes (1) | $584,153 | $369,131 |
| D | $13,291,100 | $25,000,000 | $258,104 | $24,738,165 | 2018 | 0 | 0 | 0 | Yes (1) | $3,731 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| B | 0 | Yes (1) | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| C | 0 | Yes (1) | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| D | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (no name) | ||||||||||||
| A | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | Yes (1) | |||
| BANKUNITED NA | ||||||||||||
| B | 0 | 0 | Yes (1) | 0 | Yes (1) | Yes (1) | 0 | 0 | Yes (1) | 25.000000000000 | 0 | 0 |
| BANKUNITED NA | ||||||||||||
| C | 0 | 0 | Yes (1) | 0 | Yes (1) | Yes (1) | 0 | 0 | Yes (1) | 8.500000000000 | 0 | 0 |
| BANKUNITED NA | ||||||||||||
| D | 0 | 0 | Yes (1) | 0 | Yes (1) | Yes (1) | 0 | 0 | Yes (1) | 8.500000000000 | 0 | 0 |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
| D | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II, LINE 3, COLUMN A | FormAndLineReferenceDesc |
| Explanation | PROCEEDS OF ISSUE: THE TOTAL PROCEEDS OF ISSUE REPORTED IN SCHEDULE K, PART II, LINE 3 FOR THE 2012 BOND ISSUE INCLUDES $19,262 OF INTEREST EARNINGS. | ExplanationTxt |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship With Org | N/A | RelationshipWithOrgTxt |
| Cash Grant | $39,379 | CashGrantAmt |
| Type Of Assistance | SCHOLARSHIPS | TypeOfAssistanceTxt |
| Assistance Purpose | TUITION ASSISTANCE | AssistancePurposeTxt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (4 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| DONALD ROSS | |||
| SEE PART V | $198,975 | EMPLOYMENT | 0 |
| STEPHANIE JACKSON | |||
| SEE PART V | $108,584 | EMPLOYMENT | 0 |
| ASHLEIGH FOWLES | |||
| SEE PART V | $65,422 | EMPLOYMENT | 0 |
| GISELLE GERBER | |||
| SEE PART V | $51,331 | EMPLOYMENT | 0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE L, PART III | GRANTS OR ASSISTANCE BENEFITING INTERESTED PERSONS:COLLEGES, UNIVERSITIES AND PRIMARY AND SECONDARY SCHOOLS ARE NOT REQUIRED TO IDENTIFY INTERESTED PERSONS TO WHOM THEY PROVIDED SCHOLARSHIPS, FELLOWSHIPS, AND SIMILAR FINANCIAL ASSISTANCE. PURSUANT TO THE INSTRUCTIONS TO FORM 990, SCHEDULE L, PART III, COLUMNS (A) AND (B) HAVE BEEN MARKED N/A. |
| SCHEDULE L, PART IV | RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION:DONALD ROSS - FATHER OF KEVIN ROSS, PRESIDENTSTEPHANIE JACKSON - WIFE OF ANTHONY ALTIERI, VP FOR STUDENT LIFEASHLEIGH FOWLES - SISTER OF GARETH FOWLES, VP FOR ENROLLMENTGISELLE GERBER - SIBLING OF CHRISTIAN BONIFORTI, CHIEF INFORMATION OFFICER |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1129 | ContributionCnt |
| Noncash Contributions Rpt F990 | $63,274 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | MUSICAL INSTRUMENT - PIANO | 1 | $75,000 | EXPERT OPINION |
| Yes (X) | MISC GOODS | 1 | $5,364 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| 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 | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | EXPLANATIONS OF REPORTING METHOD FOR NUMBER OF CONTRIBUTIONS: OTHER - MUSICAL INSTRUMENT - PIANO - NUMBER OF ITEMS RECEIVED SECURITIES - PUBLICLY TRADED - NUMBER OF CONTRIBUTIONS | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 4A: | A FULL RANGE OF ACADEMIC AND SUPPORT PROGRAMS ARE COORDINATED TO SERVE THE INCREASINGLY DIVERSE NEEDS OF UNDERGRADUATE AND GRADUATE STUDENTS. ADDITIONAL AND SPECIALIZED ACADEMIC SUPPORT SERVICES ARE OFFERED TO PROVIDE ACADEMIC ASSISTANCE TO HELP STUDENTS REMAIN IN COLLEGE AND GRADUATE. THESE SERVICES ARE OFFERED TO STUDENTS IN A VARIETY OF FORMS WITH A VARYING FEE SCHEDULE. AN ACADEMIC RESOURCE NAMED THE INSTITUTE FOR ACHIEVEMENT AND LEARNING IS AVAILABLE TO ALL STUDENTS, INCLUDING THOSE WITH DIAGNOSED LEARNING DIFFERENCES. MATH, COMPUTER AND OTHER SUBJECT-AREA TUTORS ASSIST STUDENTS. THE UNIVERSITY, SMALL BY DESIGN, PROVIDES AN ENVIRONMENT WITHIN AND OUTSIDE THE CLASSROOM IN WHICH A COMMUNITY OF LEARNERS CAN PURSUE ACADEMIC EXCELLENCE AND DEVELOP THEIR SKILLS AS RESPONSIBLE GLOBAL CITIZENS. FACULTY, STAFF AND STUDENTS CONTRIBUTE TO AN ATMOSPHERE THAT NURTURES CREATIVITY, FOSTERS ACHIEVEMENT, VALUES DIVERSITY AND ENCOURAGES VOLUNTEERISM. EACH JAN. 12, ALL FACULTY, STAFF AND STUDENTS PERFORM COMMUNITY SERVICE DURING "KNIGHTS UNITE DAY OF CARING," A PROGRAM WHICH HONORS THE FOUR STUDENTS AND TWO PROFESSORS WHO DIED IN THE HAITI EARTHQUAKE IN 2010 WHILE PERFORMING COMMUNITY SERVICE. LYNN'S ACADEMIC CURRICULA AND PROGRAMS ARE STRUCTURED TO PROVIDE A BALANCE BETWEEN THE THEORETICAL AND THE PRACTICAL, ALONG WITH OPPORTUNITIES TO BECOME INVOLVED IN COMMUNITY-BASED ORGANIZATIONS AND INDUSTRIES. EDUCATION AND SERVICE ARE FULLY INTEGRATED TO MEET THE CHANGING NEEDS OF THE LOCAL AND GLOBAL COMMUNITY. THIS INTEGRATIVE DESIGN PREPARES OUR GRADUATES TO MEET THE DYNAMIC NEEDS OF THE EMERGING GLOBAL SOCIETY. A RIGOROUS CORE CURRICULUM-THE DIALOGUES-WAS LAUNCHED IN FALL 2008. CORE COURSES ARE REQUIRED THROUGH ALL FOUR YEARS IN THE BACHELOR'S DEGREE PROGRAM. IN EACH CORE CLASS, FACULTY MEMBERS MEASURE STUDENT OUTCOMES IN COMPETENCY AREAS INCLUDING WRITING, QUANTITATIVE REASONING, AND SCIENTIFIC AND TECHNOLOGICAL LITERACY. PRESENTED IN SEMINAR RATHER THAN LECTURE FORMAT, THE CORE COURSES ARE ORGANIZED AROUND LIFE'S BIG QUESTIONS: DIALOGUES OF SELF AND SOCIETY, DIALOGUES OF BELIEF AND REASON, DIALOGUES OF JUSTICE AND CIVIC LIFE. EACH JANUARY, ALL STUDENTS ARE REQUIRED TO ATTEND A JANUARY TERM (J-TERM) COURSE. THOSE ARE FOCUSED ON INNOVATION AND OFFER INTENSE FOUR-WEEK EXPERIENCES THAT INCLUDE TRAVEL, CIVIC ACTIVISM, CAREER PREP, LANGUAGE AND CULTURE, AND OTHER CREATIVE APPROACHES TO LEARNING. ALL FRESHMEN ARE REQUIRED TO PARTICIPATE IN THE CITIZENSHIP PROJECT DURING THE J-TERM. LYNN UNIVERSITY LAUNCHED ITS IPAD-POWERED LEARNING PROGRAM IN 2013. FOLLOWING A SUCCESSFUL PILOT WITH UNDERGRADUATES, LYNN EXTENDED THE PROGRAM TO INCLUDE ALL FACULTY AND STUDENTS WITHIN TWO YEARS. TODAY, FACULTY CREATE FREE, MULTI-TOUCH BOOKS THROUGH THE LYNN UNIVERSITY DIGITAL PRESS. STUDENTS ACCESS COURSE MATERIALS USING CANVAS AND TEXTBOOKS CREATED BY THE LYNN UNIVERSITY DIGITAL PRESS, AND THEY EXPERIENCE ENGAGING MOBILE CONTENT DELIVERED THROUGH LYNN'S DISCUSSION-DRIVEN DIALOGUES CORE CURRICULUM. THEY ALSO SAVE UP TO 90 PERCENT IN TEXTBOOK COSTS. APPLE HAS NAMED LYNN AN APPLE DISTINGUISHED SCHOOL SINCE 2014. MOREOVER, IT RECOGNIZED SEVERAL FACULTY MEMBERS AS APPLE DISTINGUISHED EDUCATORS AND CERTIFIED MANY OTHERS. INSIDE HIGHER ED AND THE CHRONICLE OF HIGHER EDUCATION HIGHLIGHTED LYNN'S PIONEERING WORK, AND U.S. NEWS & WORLD REPORT HAS LISTED LYNN AMONG AMERICA'S MOST INNOVATIVE AND INTERNATIONAL COLLEGES. |
| FORM 990, PART III, LINE 4B: | INTERCOLLEGIATE ATHLETIC PROGRAMS ARE OPEN TO ALL STUDENTS IN ACCORDANCE WITH NCAA AND INSTITUTIONAL ELIGIBILITY STANDARDS. INTERCOLLEGIATE TEAMS INCLUDE MEN'S AND WOMEN'S SOCCER, MEN'S AND WOMEN'S BASKETBALL, MEN'S AND WOMEN'S GOLF, MEN'S AND WOMEN'S TENNIS, BASEBALL, SOFTBALL, MEN'S AND WOMEN'S CROSS COUNTRY, MEN'S AND WOMEN'S TRACK, MEN'S AND WOMEN'S LACROSSE, WOMEN'S SWIMMING AND VOLLEYBALL. ALL STUDENT-ATHLETES ARE REQUIRED TO ATTEND SEMINARS ON SUBSTANCE ABUSE AND NCAA STANDARDS THROUGHOUT THE SCHOOL YEAR. IN ADDITION TO INTERCOLLEGIATE SPORTS, STUDENTS ARE ENCOURAGED TO PARTICIPATE IN A WIDE RANGE OF INTRAMURAL PROGRAMS, INCLUDING FLAG FOOTBALL, SOFTBALL, SOCCER AND VOLLEYBALL. AT LEAST ONE REGISTERED NURSE OR PHYSICIAN'S ASSISTANT IS ON DUTY DURING DAYTIME HOURS IN THE HEALTH CENTER, AND WORKS IN CONJUNCTION WITH COMMUNITY MEDICAL SERVICES TO PROVIDE AMPLE HEALTH CARE. THE HEALTH CENTER PROVIDES TREATMENT FOR MINOR AILMENTS. WHEN FURTHER CARE IS NEEDED, REFERRALS ARE MADE TO LOCAL PHYSICIANS AND HEALTH CARE AGENCIES. A STAFF MEMBER ORGANIZES WELLNESS ACTIVITIES INCLUDING YOGA AND EXERCISE CLASSES AS WELL AS STUDENT STRENGTH TRAINING IN LYNN'S FITNESS CENTER. COUNSELING IS PROVIDED ON A PRIVATE OR GROUP BASIS, AND RECORDS ARE MAINTAINED IN STRICT CONFIDENCE BY THE DIRECTOR OF COUNSELING. STUDENTS ALSO ARE URGED TO CONSULT THEIR INDIVIDUAL INSTRUCTORS, RESIDENT ASSISTANTS, AND APPROPRIATE MEMBERS OF THE UNIVERSITY COMMUNITY, ALL OF WHOM ARE PROFESSIONALLY FOCUSED ON ASSISTING STUDENTS. IN ADDITION, ALCOHOL AND SUBSTANCE ABUSE LITERATURE AND REFERRAL SERVICES ARE CONTINUALLY AVAILABLE THROUGH THE COUNSELING CENTER. THE WOMEN'S CENTER PROVIDES PROGRAMMING AND COUNSELING SERVICES AS WELL. THE CENTER FOR CAREER AND ALUMNI CONNECTIONS PROVIDES A VARIETY OF SERVICES TO ASSIST STUDENTS IN EVALUATING, CHOOSING AND PLANNING A CAREER. PROFESSIONAL STAFF AND CAREER COUNSELORS ARE AVAILABLE TO HELP STUDENTS SET THEIR CAREER GOALS, INVESTIGATE EMPLOYMENT OPPORTUNITIES AND INTERVIEW WITH COMPANIES FOR WHICH THEY WOULD LIKE TO WORK OR INTERN. THE SNYDER SANCTUARY PROVIDES THE LYNN COMMUNITY WITH A MULTI-FAITH PLACE FOR CONTEMPLATIVE THOUGHT AND SPIRITUAL EXPLORATION. |
| FORM 990, PART VI, SECTION A, LINE 1 | DELEGATE BROAD AUTHORITY TO A COMMITTEE: THE EXECUTIVE COMMITTEE SHALL HAVE A MINIMUM OF THREE MEMBERS, ALL OF WHOM SHALL BE MEMBERS OF THE BOARD. BETWEEN MEETINGS OF THE BOARD, THE EXECUTIVE COMMITTEE SHALL HAVE GENERAL SUPERVISION OF THE ADMINISTRATION AND PROPERTY OF THE CORPORATION EXCEPT THAT, UNLESS SPECIFICALLY EMPOWERED BY THE BOARD TO DO SO, IT MAY NOT TAKE ANY ACTION INCONSISTENT WITH A PRIOR ACT OF THE BOARD OF TRUSTEES, AWARD DEGREES, ALTER THESE BY-LAWS, LOCATE PERMANENT BUILDINGS ON TAX-EXEMPT PROPERTY HELD FOR THE CORPORATION'S PURPOSES, REMOVE OR APPOINT THE PRESIDENT OF THE CORPORATION, OR TAKE ANY ACTION WHICH HAS BEEN RESERVED FOR THE BOARD. |
| FORM 990, PART VI, SECTION A, LINE 2 | FAMILY/BUSINESS RELATIONSHIPS AMONGST INTERESTED PERSONS: CHRISTINE LYNN AND JAN CARLSSON - FAMILY RELATIONSHIP |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 REVIEW PROCESS: A DRAFT OF FORM 990 IS REVIEWED BY AN INDEPENDENT AUDIT FIRM USING AUDITED FINANCIAL STATEMENTS AND OTHER INFORMATION PROVIDED BY UNIVERSITY MANAGEMENT. THE DRAFT IS THEN REVIEWED BY THE CFO AND CONTROLLER WITH REVISIONS INCORPORATED INTO A REVISED DRAFT. THE UPDATED DRAFT IS PRESENTED TO THE AUDIT COMMITTEE, THEN POSTED TO THE BOARD PORTAL PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICT OF INTEREST POLICY: EACH YEAR, ALL OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO SIGN A DISCLOSURE LETTER DETAILING ANY RELATIONSHIPS OR BUSINESS TRANSACTIONS WHERE A POTENTIAL CONFLICT MIGHT EXIST. THESE DISCLOSURES ARE REVIEWED BY THE CFO. IN THE EVENT OF A CONFLICT OF INTEREST, OR THE APPEARANCE OF ANY SUCH CONFLICT, IT IS INCUMBENT UPON THE RELEVANT BOARD MEMBER(S) OR DIRECTOR(S) TO NOTIFY THE BOARD OF THE CONFLICT AND RECUSE THEMSELVES FROM PARTICIPATION IN THE DISCUSSION AND VOTE REGARDING ANY RELATED ISSUES OR TRANSACTIONS. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION REVIEW PROCESS: THE LYNN UNIVERSITY BOARD OF TRUSTEES ENGAGED COMPENSATION AND BENEFITS EXPERTS TO DEVELOP A REASONABLE EXECUTIVE COMPENSATION STRATEGY TO ENCOURAGE RETENTION AND INCENTIVIZE THE ACHIEVEMENT OF KEY MILESTONES IN THE UNIVERSITY'S STRATEGIC PLAN. THE EXECUTIVE COMPENSATION STRATEGY INCLUDES A COMPREHENSIVE REVIEW OF THE ENTIRE COMPENSATION PACKAGE, WHICH INCLUDES BASE SALARY, INCENTIVE AND DEFERRED COMPENSATION, RETIREMENT PLANS, AND OTHER BENEFITS. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS AND DETERMINES THE PRESIDENT'S COMPENSATION. THE EXECUTIVE COMMITTEE THEN COMMUNICATES THE PERCENTAGE OF THE PRESIDENT'S RAISE TO THE CFO, WHO SPEAKS WITH OUTSIDE COMPENSATION COUNSEL TO CONFIRM THAT THE PRESIDENT'S RAISE IS COMPARABLE AND REASONABLE BASED ON MARKET CONDITIONS. THIS PROCESS IS DOCUMENTED IN THE EXECUTIVE COMMITTEE MEETING MINUTES. PROCESS TO ESTABLISH COMPENSATION OF OTHER EMPLOYEES: THE PRESIDENT CONDUCTS ANNUAL PERFORMANCE REVIEWS OF ALL OFFICERS, BASED ON PREDETERMINED GOALS. HE THEN MAKES RECOMMENDATIONS REGARDING COMPENSATION TO THE CHAIR OF THE BOARD FOR APPROVAL. THE UNIVERSITY RETAINED AN OUTSIDE EXPERT TO PERFORM A COMPENSATION STUDY OF ALL EMPLOYEES, INCLUDING OFFICERS OF THE ORGANIZATION. THIS COMPREHENSIVE STUDY WAS PERFORMED APPROXIMATELY 5 YEARS AGO; HOWEVER, THE UNIVERSITY RECEIVES ONGOING GUIDANCE REGARDING ANNUAL INCREASES TO ENSURE THAT THESE ANNUAL INCREASES ARE COMPARABLE AND REASONABLE BASED ON MARKET CONDITIONS. AS NEW POSITIONS ARE CREATED, OR AS MARKET CONDITIONS WARRANT, THIS EXPERT IS CONSULTED ON A CASE-BY-CASE BASIS. THE UNIVERSITY PROVIDES BENEFITS ACCORDING TO WRITTEN STANDARD POLICIES. IF ANY BENEFIT IS PROVIDED OUTSIDE OF THESE POLICIES, BOARD APPROVAL IS REQUIRED. THIS PROCESS IS DOCUMENTED IN EACH EMPLOYEE'S FILE. |
| FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTS AVAILABLE TO PUBLIC: FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THEREFORE, THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. THE CONFLICT OF INTEREST POLICY IS PROVIDED UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | GAIN ON FINANCIAL DERIVATIVES 1,186,693. |