2022-05-16T10:18:28-05:00 2021-06-30 231887636 DETWEILER HERSHEY & ASSOCIATES PC PO BOX 64157 SOUDERTON PA 189640157 990 2020-07-01 231382408 UNIVERSITY OF VALLEY FORGE OF THE ASSEMBLIES OF GOD UNIV 6109350450 1401 CHARLESTOWN ROAD PHOENIXVILLE PA 19460 STACEY R SAUCHUK VP OF FINANCE & OPER 2022-05-16 true STACEY R SAUCHUK 999009999 BRUCE W THOMAS P00154132 2157238901 2022-05-16 2020 2022-09-23 18:48:47Z REV DAVID S KIM 1401 CHARLESTOWN RD PHOENIXVILLE PA 19460 17751249 false X WWW.VALLEYFORGE.EDU X 1939 PA TO PREPARE INDIVIDUALS FOR A LIFE OF SERVICE AND LEADERSHIP IN THE CHURCH AND IN THE WORLD. 18 18 410 50 0 1677850 5060570 13870067 12242333 51 100923 115222 288231 15663190 17692057 4953602 4546252 0 6034728 5684330 0 253643 7260821 6618890 18249151 16849472 -2585961 842585 37964308 33204385 35311851 35307921 2652457 -2103536 TO PREPARE INDIVIDUALS FOR A LIFE OF SERVICE AND LEADERSHIP IN THE CHURCH AND IN THE WORLD. false false 13580365 4546252 12242333 UNIVERSITY OF VALLEY FORGE IS A REGIONALLY ACCREDITED CHRISTIAN UNIVERSITY OF ARTS, SCIENCES, AND PROFESSIONS OFFERING UNDERGRADUATE AND GRADUATE MAJORS. THE UNIVERSITY PROVIDES INSTRUCTIONAL SERVICES TO DEGREE-SEEKING STUDENTS AS WELL AS HOUSING, FOOD SERVICES, AND OTHER STUDENT SERVICES. THE UNIVERSITY SERVED APPROXIMATELY 1,000 STUDENTS THROUGH ITS MAIN CAMPUS, EXTENSION SITES, AND ONLINE PROGRAMS. 13580365 true true false false false false false false false true true false false false true false true false true false false false false false true false false false true false false false false false false false false false true false false false false false false false false true 27 0 410 true false false false false false false false false false false false false X 18 18 false false false false false false false true true false false true true true true true true true true false X STACEY R SAUCHUK VP FINANCE OPER 6109350450 1401 CHARLESTOWN RD PHOENIXVILLE PA 19460 REV CARL COLLETTI CHAIR 1.00 X X 0 0 0 REV DOMINICK COTIGNOLA VICE CHAIRMA 1.00 X X 0 0 0 REV ELLY MARROQUIN SECRETARY 1.00 X X 0 0 0 MR RICHARD SAWCHAK CHAIR OF FIN 1.00 X X 0 0 0 REV MANUEL ALVAREZ TRUSTEE 1.00 X 0 0 0 MR JORGE ARROYO TRUSTEE 1.00 X 0 0 0 REV GAVIN BROWN TRUSTEE 1.00 X 0 0 0 MR DAVID BURTON JR TRUSTEE 1.00 X 0 0 0 DR DAN DE JESUS TRUSTEE 1.00 X 0 0 0 DR DUANE DURST TRUSTEE 1.00 X 0 0 0 REV SCOTT GIORDANO TRUSTEE 1.00 X 0 0 0 REV DONALD IMMEL TRUSTEE 1.00 X 0 0 0 REV FABIAN KALAPUCH TRUSTEE 1.00 X 0 0 0 MR SCOTT LIGHT TRUSTEE 1.00 X 0 0 0 MS DOLLY MARTINEZ TRUSTEE 1.00 X 0 0 0 REV HEATH MCCOY TRUSTEE 1.00 X 0 0 0 MR JOHN PAPROSKI TRUSTEE 1.00 X 0 0 0 REV LEE ROGERS TRUSTEE 1.00 X 0 0 0 REV DAVID S KIM PRESIDENT 40.00 X 116865 0 10034 JENNIFER GALE VP STUDENT L 40.00 X 89302 0 10034 DR TODD GUEVIN VP INSTITUTI 40.00 X 102774 0 2863 DR JEROME DOUGLAS VP ACADEMIC 40.00 X 98297 0 4310 STEVEN DEFRAIN VP DEVELOPME 40.00 X 83832 0 4311 491070 31552 2 false false false SODEXO CAMPUS SERVICES PO BOX 360170 PITTSBURGH PA 15251 FOOD SERVICE 1221470 JENZABAR PO BOX 55018 BOSTON MA 02205 IT SERVICES 232753 EBSCO INFORMATION SERVICES 10 ESTES STREET IPSWICH MA 01938 INFORMATION TEC 109588 3 31070 2933443 2096057 1165253 5060570 TUITION AND FEES 9199649 9199649 AUXILIARY ENTERPRISES 2957774 2957774 OTHER 84910 84910 12242333 100923 100923 215005 215005 215005 215005 20252 31070 22609 -2357 31861 36583 -4722 -4722 QUITCLAIM DEED AMORTIZATION 80305 80305 80305 17692057 12532921 100923 4546252 4546252 536283 211769 235203 89311 4539438 3941039 487250 111149 382354 251909 121987 8458 226255 185939 36260 4056 5972 5972 63956 63956 1417468 1264747 141721 11000 30462 106 30356 1030207 553550 449616 27041 1088222 594811 493411 48449 37049 8960 2440 37769 14870 22725 174 1856016 1112870 743132 14 853694 853694 186675 11760 174915 16849472 13580365 3015464 253643 658975 249157 32816 1187314 269087 415113 265217 473045 28643 22307 21777 15849 45701 56777339 26005427 36666526 30771912 21267 23987 37964308 33204385 3515094 1210651 1983599 1820057 28378067 30964505 1435091 1312708 35311851 35307921 X -872498 -5982583 3524955 3879047 2652457 -2103536 37964308 33204385 X 842585 358867 -5957445 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2669289 5113 100860 30605 2744657 2665747 3542 2669289 2633225 32522 2665747 2633381 36139 17119 53414 2633225 3128639 62427 95339 67024 2633381 1.00000 false false 4508802 4508802 647836 44162434 18933263 25877007 7458267 7072164 386103 30771912 FED'L GOV'T QUITCLAIM DEEDS RESTRICT 1064728 ACCRUED WAGES AND PAYROLL TAXES 135820 OTHER 63390 US GOV'T LOAN FUND REFUNDABLE 26906 DEPOSITS HELD IN CUSTODY OF OTHERS 21864 1312708 13423759 36583 36583 13387176 4304881 4304881 17692057 18538619 5994028 5994028 12544591 4304881 4304881 16849472 SCHEDULE D, PAGE 4, PART XI, LINE 2D COST OF GOODS SOLD 36,583 SCHEDULE D, PAGE 4, PART XI, LINE 4B SCHOLARSHIPS AND DISCOUNTS NETTED AGAINST TUITION AND FEES 4,225,744 RENT FROM DISCONTINUED OPERATIONS 79,137 SCHEDULE D, PAGE 4, PART XII, LINE 2D LOSS ON WRITE-DOWN OF PROPERTY 5,957,445 COST OF GOODS SOLD 36,583 SCHEDULE D, PAGE 4, PART XII, LINE 4B SCHOLARSHIPS AND DISCOUNTS NETTED AGAINST TUITION AND FEES 4,225,744 DISCONTINUED OPERATIONS 79,137 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 THE POLICY APPEARS IN RECRUITMENT MATERIAL AND THE UNIVERSITY CATALOG. DURING REGISTRATION, THE POLICY IS AVAILABLE IN THE STUDENT HANDBOOK. SCHEDULE E, LINE 6 THE UNIVERSITY RECEIVES PHEAA MONEY ON AN ANNUAL BASIS. THE STUDENTS OF THE UNIVERSITY RECEIVE TITLE IV FUNDS IN CONNECTION WITH THE COST OF EDUCATION. IN CONNECTION WITH ADMINISTERING TITLE IV FUNDS, THE UNIVERSITY RECEIVES AN ADMINISTRATIVE COST ALLOWANCE. GOLF TOURNAMENT 51322 31070 20252 4225 10871 6558 955 51322 31070 20252 4225 10871 6558 955 22609 -2357 false FINANCIAL AID AND SCHOLAR 411 4225744 CARES GRANTS 360 320508 X 1 415253 FAIR MARKET VALUE X 1 750000 FAIR MARKET VALUE false false false FORM 990, PAGE 6, PART VI, LINE 11B THE 990 WAS PREPARED AND PRESENTED TO THE FINANCE COMMITTEE OF THE BOARD WHO REVIEWED THE COMPLETED FORM AND RECOMMENDED ACCEPTANCE TO THE FULL BOARD. THE FULL BOARD RECEIVED THE REPORT FROM THE FINANCE COMMITTEE CHAIRMAN AND VOTED TO ACCEPT THE FORM 990 AS PREPARED. FORM 990, PAGE 6, PART VI, LINE 12C THE COLLEGE ANNUALLY REQUIRES EACH MEMBER OF THE BOARD OF TRUSTEES, EACH VICE PRESIDENT AND EACH DIRECTOR TO FILL OUT A CONFLICT OF INTEREST DISCLOSURE FORM. FORM 990, PAGE 6, PART VI, LINE 15A PERIODICALLY THE FINANCE COMMITTEE REVIEWS COMPENSATION DATA FOR THE CEO AND KEY EMPLOYEES IN RELATION TO DATA FROM PEER INSTITUTIONS FROM 990S AND CHRONICLE OF HIGHER EDUCATION COMPARABLE SIZE AND REGIONAL DATA. FORM 990, PAGE 6, PART VI, LINE 15B PERIODICALLY THE FINANCE COMMITTEE REVIEWS COMPENSATION DATA FOR THE CEO AND KEY EMPLOYEES IN RELATION TO DATA FROM PEER INSTITUTIONS FROM 990S AND CHRONICLE OF HIGHER EDUCATION COMPARABLE SIZE AND REGIONAL DATA. FORM 990, PAGE 6, PART VI, LINE 19 THE COLLEGE MAKES THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUESTS AT THE ADMINISTRATIVE OFFICES AT THE MAIN CAMPUS IN PHOENIXVILLE, PENNSYLAVANIA. FORM 990, PART XI, LINE 9 COST OF GOODS SOLD 36,583 SCHOLARSHIPS AND DISCOUNTS NETTED AGAINST TUITION AND FEES -4,225,744 RENT FROM DISCONTINUED OPERATIONS -79,137 LOSS ON WRITE-DOWN OF PROPERTY -5,957,445 COST OF GOODS SOLD -36,583 SCHOLARSHIPS AND DISCOUNTS NETTED AGAINST TUITION AND FEES 4,225,744 DISCONTINUED OPERATIONS 79,137 TOTAL -5,957,445 CORRECT PRIOR PERIOD NET ASSET TO AGREE TO FINANCIAL STATEMENTS.