FAULKNER UNIVERSITY: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- FAULKNER UNIVERSITY (EIN 63-0329409)
- Tax period
- 2021-06-01 to 2022-05-31
- Filed
- 2022-10-14
- IRS object ID
- 202202879349301575
- Schema version
- 2021v4.2
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-10-14T14:58:10-05:00 | ReturnTs |
| Tax Period End | 2022-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 631035228 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JACKSON THORNTON & CO PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 96 | AddressLine1Txt |
| City | MONTGOMERY | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 361010096 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 630329409 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FAULKNER UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FAUL | BusinessNameControlTxt |
| Phone | 3343867274 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5345 ATLANTA HIGHWAY | AddressLine1Txt |
| City | MONTGOMERY | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 361093398 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOSEPH VICKERY | PersonNm |
| Person Title | VICE PRESIDENT - FINANCE | PersonTitleTxt |
| Phone | 3343867274 | PhoneNum |
| Signature | 2022-10-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JOSEPH | PersonFirstNm |
| Person Last | VICKERY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CHRISTINE K COOK | PreparerPersonNm |
| PTIN | P00537690 | PTIN |
| Phone | 3348347660 | PhoneNum |
| Preparation | 2022-10-13 | PreparationDt |
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 | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JOSEPH VICKERY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5345 ATLANTA HIGHWAY | AddressLine1Txt |
| City | MONTGOMERY | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 361093398 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $72,650,168 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.FAULKNER.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1942 | FormationYr |
| Legal Domicile State | AL | LegalDomicileStateCd |
| Activity Or Mission | EDUCATIONAL INSTITUTION | ActivityOrMissionDesc |
| Voting Members Governing Body | 33 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 30 | VotingMembersIndependentCnt |
| Total Employee | 951 | TotalEmployeeCnt |
| Total Volunteers | 200 | TotalVolunteersCnt |
| Total Gross UBI | $188,054 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $30,566 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $16,073,524 | PYContributionsGrantsAmt |
| CY Contributions Grants | $15,786,438 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $49,271,330 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $52,190,772 | CYProgramServiceRevenueAmt |
| PY Investment Income | $438,521 | PYInvestmentIncomeAmt |
| CY Investment Income | $992,929 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,300,006 | PYOtherRevenueAmt |
| CY Other Revenue | $1,167,621 | CYOtherRevenueAmt |
| PY Total Revenue | $67,083,381 | PYTotalRevenueAmt |
| CY Total Revenue | $70,137,760 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $15,074,402 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $17,513,228 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $23,058,462 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $24,964,834 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $79,833 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $30,800 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,299,300 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $21,642,403 | PYOtherExpensesAmt |
| CY Other Expenses | $23,750,595 | CYOtherExpensesAmt |
| PY Total Expenses | $59,855,100 | PYTotalExpensesAmt |
| CY Total Expenses | $66,259,457 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $7,228,281 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,878,303 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $100,979,014 | TotalAssetsBOYAmt |
| Total Assets EOY | $101,589,206 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $45,437,029 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $43,187,792 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $55,541,985 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $58,401,414 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE MISSION OF FAULKNER UNIVERSITY IS TO GLORIFY GOD THROUGH EDUCATION OF THE WHOLE PERSON EMPHASIZING INTEGRITY OF CHARACTER IN A CARING CHRISTIAN ENVIRONMENT WHERE EVERY INDIVIDUAL MATTERS EVERY DAY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $41,966,873 | ExpenseAmt |
| Grant | $17,513,228 | GrantAmt |
| Revenue | $47,694,948 | RevenueAmt |
| Desc | INSTRUCTION, PUBLIC SERVICE AND ACADEMIC SUPPORT-EDUCATIONAL COURSES LEADING TO A COLLEGE DEGREE | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $10,225,577 | ExpenseAmt |
| Revenue | $1,268,689 | RevenueAmt |
| Desc | STUDENT SERVICE - OTHER NON-INSTRUCTIONAL SERVICES PROVIDED FOR STUDENTS | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,882,170 | ExpenseAmt |
| Revenue | $4,495,824 | RevenueAmt |
| Desc | AUXILIARY ENTERPRISES - PROVIDED LODGING, BOARD, BOOKS AND RELATED SUPPLIES AND NEEDS FOR STUDENTS AND THE CAMPUS COMMUNITY. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $57,074,620 | 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 | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | 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 | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | 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 | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | 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 | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (1) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | 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 | 103 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 951 | 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 | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| 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 | 33 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 30 | 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 | 0 | 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 | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOSEPH VICKERY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3343867274 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5345 ATLANTA HIGHWAY | AddressLine1Txt |
| City | MONTGOMERY | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 36109 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (40 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| SENATOR JABO WAGGONER | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DR BUD STUMBAUGH | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MR TIM RICHARDSON | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DR HENRI MCDANIEL | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MR CHUCK MONAN | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MR PHIL NORTON | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JUDGE CAROLE MEDLEY | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MR JASON ISBELL | ||||||||
| TRUSTEE | 0.10 | Yes (X) | $5,000 | $0 | $0 | |||
| DR MANSEL LONG JR | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MR EDDIE WELCH | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MR BOB LEE | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MR DALE KIRKLAND | ||||||||
| TRUSTEE CHAIR | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| MR FRANK BUTCH JONES | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MR ROY JOHNSON | ||||||||
| TRUSTEE - PARLIAMENTARIAN | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DR MIKE HOUTS | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MR JOSEPH W DONALDSON | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DR JOHN W HILL III | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MR MIKE GURGANUS | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MRS CARLTON L FREEMAN | ||||||||
| TRUSTEE - SECRETARY | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| MR MICHAEL S EUBANKS | ||||||||
| TRUSTEE VICE CHAIR | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| MS SCHERRY DOUGLAS | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DR BILLY LAMBERT | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MR JON SYKES | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MR JIM CAMPBELL | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MR TERRY CAGLE | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MRS MARTHA BURLESON | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MR JASON AKINS | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MR KEN HARRIS JR | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MRS WILMA PHILLIPS | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MR THOMAS SMITH | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DR MICHAEL D WILLIAMS | ||||||||
| FORMER UNIVERSITY PRESIDENT | 60.00 | $279,320 | $0 | $18,940 | Yes (X) | |||
| JOSEPH VICKERY | ||||||||
| VICE PRESIDENT-FINANCE | 50.00 | $125,954 | $0 | $274 | Yes (X) | |||
| DAVE KHADANGA | ||||||||
| DEAN-COLLEGE OF BUSINESS | 45.00 | $220,564 | $0 | $7,569 | Yes (X) | |||
| CHARLES CAMPBELL | ||||||||
| DEAN-JONES SCHOOL OF LAW | 45.00 | $164,555 | $0 | $7,638 | Yes (X) | |||
| DAVE RAMPERSAD | ||||||||
| VICE PRESIDENT-ACADEMICS | 50.00 | $156,259 | $0 | $48,357 | Yes (X) | |||
| ROSIE KHADANGA | ||||||||
| PROFESSOR | 40.00 | $169,275 | $0 | $7,432 | Yes (X) | |||
| GERALD JONES | ||||||||
| UNIVERSITY GENERAL COUNSEL | 50.00 | $146,069 | $0 | $14,839 | Yes (X) | |||
| JEAN-NOEL THOMPSON | ||||||||
| VP FOR STUDENT SERVICES | 50.00 | $134,806 | $0 | $14,839 | Yes (X) | |||
| LEAH FULLMAN | ||||||||
| DEAN-COLLEGE OF HEALTH SCIENCES | 40.00 | $134,753 | $0 | $205 | Yes (X) | |||
| LESLIE COWELL | ||||||||
| DEAN-COLLEGE OF EDUCATION | 40.00 | $134,431 | $0 | $13,348 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,670,986 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $133,441 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 11 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | 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 |
|---|---|---|---|---|---|
| MARSHALL DESIGN BUILD LLC | |||||
| 4437 ATLANTA HWY | MONTGOMERY | AL | 36109 | CONTRACTOR | $3,021,042 |
| CULINARY MANAGEMENT SOLUTIONS | |||||
| 5345 ATLANTA HWY | MONTGOMERY | AL | 36109 | CAFETERIA & CATERING SERVICES | $1,884,947 |
| NATIONAL MANAGEMENT RESOURCES | |||||
| PO BOX 1224 | LAGRANGE | GA | 30241 | MAINTENANCE OUTSOURCING | $1,507,816 |
| EFC SYSTEMS INC | |||||
| 9015 OVERLOOK BLVD | BRENTWOOD | TN | 37027 | COMPUTER OUTSOURCING SERVICES | $1,208,685 |
| HOLLEY MARKETING CONSULTANTS LLC | |||||
| 30 PINE POINTE CIRCLE | ECLECTIC | AL | 36024 | ADVERTISING/MARKETING | $1,073,968 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 16 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $295,207 | FundraisingAmt |
| Government Grants | $11,163,778 | GovernmentGrantsAmt |
| All Other Contributions | $4,327,453 | AllOtherContributionsAmt |
| Noncash Contributions | $5,000 | NoncashContributionsAmt |
| Total Contributions | $15,786,438 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION & FEES | 900099 | $47,694,948 | $47,694,948 |
| AUXILIARY ENTERPRISES | 900099 | $4,495,824 | $4,495,824 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $52,190,772 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $829,642 | TotalRevenueColumnAmt |
| Exclusion | $829,642 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $406,833 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $240,979 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $165,854 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $165,854 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $165,854 | UnrelatedBusinessRevenueAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,067,882 | SecuritiesAmt |
| Other | $492 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,905,087 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $162,795 | SecuritiesAmt |
| Other | $492 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $163,287 | TotalRevenueColumnAmt |
| Exclusion | $163,287 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $77,220 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $295,207 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $366,342 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$289,122 | TotalRevenueColumnAmt |
| Exclusion | -$289,122 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| OTHER REVENUE | 900099 | $1,268,689 | $1,268,689 | |
| SECURITY SERVICE REVENUE | 812900 | $19,500 | $19,500 | |
| TELEPHONE SERVICE | 812900 | $2,700 | $2,700 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,290,889 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $70,137,760 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $53,459,461 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $188,054 | UnrelatedBusinessRevenueAmt |
| Exclusion | $703,807 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,513,228 | TotalAmt |
| Program Services | $17,513,228 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,065,720 | TotalAmt |
| Program Services | $50,487 | ProgramServicesAmt |
| Management And General | $846,607 | ManagementAndGeneralAmt |
| Fundraising | $168,626 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,262,816 | TotalAmt |
| Program Services | $17,351,504 | ProgramServicesAmt |
| Management And General | $1,257,060 | ManagementAndGeneralAmt |
| Fundraising | $654,252 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $131,965 | TotalAmt |
| Program Services | $116,058 | ProgramServicesAmt |
| Management And General | $11,180 | ManagementAndGeneralAmt |
| Fundraising | $4,727 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,140,970 | TotalAmt |
| Program Services | $2,764,407 | ProgramServicesAmt |
| Management And General | $264,061 | ManagementAndGeneralAmt |
| Fundraising | $112,502 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,363,363 | TotalAmt |
| Program Services | $1,199,027 | ProgramServicesAmt |
| Management And General | $115,504 | ManagementAndGeneralAmt |
| Fundraising | $48,832 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,389 | TotalAmt |
| Management And General | $23,389 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,410 | TotalAmt |
| Management And General | $63,410 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,800 | TotalAmt |
| Fundraising | $30,800 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $200,526 | TotalAmt |
| Program Services | $200,224 | ProgramServicesAmt |
| Fundraising | $302 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,486,579 | TotalAmt |
| Program Services | $1,006,286 | ProgramServicesAmt |
| Management And General | $480,293 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,043,107 | TotalAmt |
| Program Services | $665,085 | ProgramServicesAmt |
| Management And General | $279,757 | ManagementAndGeneralAmt |
| Fundraising | $98,265 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,132,466 | TotalAmt |
| Program Services | $928,056 | ProgramServicesAmt |
| Management And General | $191,500 | ManagementAndGeneralAmt |
| Fundraising | $12,910 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,004,729 | TotalAmt |
| Program Services | $2,473,672 | ProgramServicesAmt |
| Management And General | $510,430 | ManagementAndGeneralAmt |
| Fundraising | $20,627 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $642,029 | TotalAmt |
| Program Services | $631,144 | ProgramServicesAmt |
| Management And General | $10,885 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $294,443 | TotalAmt |
| Program Services | $151,630 | ProgramServicesAmt |
| Management And General | $138,822 | ManagementAndGeneralAmt |
| Fundraising | $3,991 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,579,629 | TotalAmt |
| Program Services | $2,933,506 | ProgramServicesAmt |
| Management And General | $605,315 | ManagementAndGeneralAmt |
| Fundraising | $40,808 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $149,016 | TotalAmt |
| Program Services | $149,016 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| CONTRACTED SERVICES | $3,471,035 | $2,759,519 | $660,059 | $51,457 |
| OTHER EXPENSES | $3,407,918 | $1,503,931 | $1,903,987 | $0 |
| O & M ALLOCATION TO M&G | $2,972,358 | $2,435,847 | $502,626 | $33,885 |
| CAFETERIA PURCHASES | $1,726,342 | $1,692,819 | $18,919 | $14,604 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $553,619 | TotalAmt |
| Program Services | $549,174 | ProgramServicesAmt |
| Management And General | $1,733 | ManagementAndGeneralAmt |
| Fundraising | $2,712 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,259,457 | TotalAmt |
| Program Services | $57,074,620 | ProgramServicesAmt |
| Management And General | $7,885,537 | ManagementAndGeneralAmt |
| Fundraising | $1,299,300 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,320,669 | BOYAmt |
| EOY | $6,704,312 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,164,080 | BOYAmt |
| EOY | $1,662,489 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,066,055 | BOYAmt |
| EOY | $4,911,830 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $123,485,674 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $59,584,026 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,754,764 | BOYAmt |
| EOY | $63,901,648 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,785,937 | BOYAmt |
| EOY | $23,675,518 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $887,509 | BOYAmt |
| EOY | $733,409 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,979,014 | BOYAmt |
| EOY | $101,589,206 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,556,010 | BOYAmt |
| EOY | $5,774,976 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,021,506 | BOYAmt |
| EOY | $5,526,996 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,988,360 | BOYAmt |
| EOY | $31,186,071 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,088 | BOYAmt |
| EOY | $19,905 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,846,065 | BOYAmt |
| EOY | $679,844 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,437,029 | BOYAmt |
| EOY | $43,187,792 | 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 | $35,510,925 | BOYAmt |
| EOY | $35,885,266 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,031,060 | BOYAmt |
| EOY | $22,516,148 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,541,985 | BOYAmt |
| EOY | $58,401,414 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,979,014 | BOYAmt |
| EOY | $101,589,206 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $3,878,303 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$1,018,874 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| 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 |
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
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $21,332,494 | BeginningYearBalanceAmt |
| Contributions | $54,051 | ContributionsAmt |
| Investment Earnings Or Losses | $73,322 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $694,735 | OtherExpendituresAmt |
| End Year Balance | $20,765,132 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $17,838,796 | BeginningYearBalanceAmt |
| Contributions | $159,803 | ContributionsAmt |
| Investment Earnings Or Losses | $3,771,872 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $437,977 | OtherExpendituresAmt |
| End Year Balance | $21,332,494 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $18,492,392 | BeginningYearBalanceAmt |
| Contributions | $139,049 | ContributionsAmt |
| Investment Earnings Or Losses | $333,357 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,126,002 | OtherExpendituresAmt |
| End Year Balance | $17,838,796 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $18,900,746 | BeginningYearBalanceAmt |
| Contributions | $206,708 | ContributionsAmt |
| Investment Earnings Or Losses | $47,904 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $662,966 | OtherExpendituresAmt |
| End Year Balance | $18,492,392 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $18,466,331 | BeginningYearBalanceAmt |
| Contributions | $9,282 | ContributionsAmt |
| Investment Earnings Or Losses | $858,407 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $433,274 | OtherExpendituresAmt |
| End Year Balance | $18,900,746 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.89990 | BoardDesignatedBalanceEOYPct |
| Term Endowment Balance EOY | 0.10010 | 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 | $8,096,644 | OtherCostOrOtherBasisAmt |
| Book Value | $8,096,644 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $78,788,216 | OtherCostOrOtherBasisAmt |
| Depreciation | $29,221,757 | DepreciationAmt |
| Book Value | $49,566,459 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $31,608,717 | OtherCostOrOtherBasisAmt |
| Depreciation | $25,520,941 | DepreciationAmt |
| Book Value | $6,087,776 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,992,097 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,841,328 | DepreciationAmt |
| Book Value | $150,769 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $63,901,648 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| LIABILITIES UNDER AGENCY AGREEMENT | $91,309 |
| OPERATING LEASE LIABILITY | $588,535 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $679,844 | TotalLiabilityAmt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE ENDOWMENT FUNDS SUPPORT THE MISSION OF THE UNIVERSITY. |
| PART V, LINE 2 | WITHOUT DONOR RESTRICTIONS - 89.99% WITH DONOR RESTRICTIONS - 10.01% |
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 | THE UNIVERSITY PUBLICIZES ITS POLICY IN ITS CATALOG AND ON ITS WEBSITE. |
| SCHEDULE E, PART I, LINE 6 | US DEPT OF EDUCATION TITLE IV - $10,399,686 STATE AND LOCAL GRANTS & SCHOLARSHIPS - $764,092 THE UNIVERSITY ALSO PARTICIPATES IN ADDITIONAL US DEPT OF EDUCATION TITLE IV PROGRAMS AND STATE OF ALABAMA STUDENT FINANCIAL AID PROGRAMS |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| 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 | 0 | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GARRETT GROUP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 CYPRESS STREET SUITE 414 | AddressLine1Txt |
| City | ABILENE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | ESTATE PLANNING | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $0 | GrossReceiptsAmt |
| Retained By Contractor | $30,600 | RetainedByContractorAmt |
| Net To Organization | -$30,600 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $30,600 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$30,600 | TotalNetToOrganizationAmt |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | BENEFIT DINNER | Event1Nm |
| Gross Receipts Event1 | $372,427 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $295,207 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $77,220 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $203,568 | RentFacilityCostsEvent1Amt |
| Other Direct Expenses Event1 | $162,774 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $372,427 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $295,207 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $77,220 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $203,568 | RentFcltyCostsTotalEventsAmt |
| Oth Direct Expnss Total Events | $162,774 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $366,342 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$289,122 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (5 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| INSTITUTIONAL AID | 993 | $12,828,320 |
| FEDERAL AND STATE AID | 387 | $461,668 |
| ENDOWED UNIVERSITY SCHOLARSHIPS | 24 | $267,855 |
| OUTSIDE FUNDED SCHOLARSHIPS | 31 | $51,750 |
| ARPA EMERGENCY AID | 2185 | $3,903,635 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANT FUNDS ARE ONLY AWARDED TO THOSE STUDENTS WHO MEET THE REQUIREMENTS FOR A PARTICULAR GRANT OR GRANTS. ALSO, THEY MUST MEET OUR SATISFACTORY PROGRESS POLICY TO CONTINUE RECEIVING THESE FUNDS, WHETHER IT IS FEDERAL GOVERNMENT OR FAULKNER UNIVERSITY FUNDS. | 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 |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | 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 (6 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DR MICHAEL D WILLIAMS | ||||||||||||||
| FORMER UNIVERSITY PRESIDENT | $245,980 | $0 | $1,000 | $0 | $32,340 | $0 | $0 | $0 | $18,940 | $0 | $298,260 | $0 | $0 | $0 |
| DAVE KHADANGA | ||||||||||||||
| DEAN-COLLEGE OF BUSINESS | $219,485 | $0 | $1,000 | $0 | $79 | $0 | $0 | $0 | $7,569 | $0 | $228,133 | $0 | $0 | $0 |
| DAVE RAMPERSAD | ||||||||||||||
| VICE PRESIDENT-ACADEMICS | $127,732 | $0 | $3,500 | $0 | $25,027 | $0 | $0 | $0 | $48,357 | $0 | $204,616 | $0 | $0 | $0 |
| ROSIE KHADANGA | ||||||||||||||
| PROFESSOR | $168,275 | $0 | $1,000 | $0 | $0 | $0 | $0 | $0 | $7,432 | $0 | $176,707 | $0 | $0 | $0 |
| CHARLES CAMPBELL | ||||||||||||||
| DEAN-JONES SCHOOL OF LAW | $163,400 | $0 | $1,000 | $0 | $155 | $0 | $0 | $0 | $7,638 | $0 | $172,193 | $0 | $0 | $0 |
| GERALD JONES | ||||||||||||||
| UNIVERSITY GENERAL COUNSEL | $144,831 | $0 | $1,000 | $0 | $238 | $0 | $0 | $0 | $14,839 | $0 | $160,908 | $0 | $0 | $0 |
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 | EDUCATIONAL BLDG AUTHORITY OF CITY OF MONTGOMERY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 631104797 | BondIssuerEIN |
| CUSIP | 61304RAA3 | CUSIPNum |
| Bond Issued | 2016-08-31 | BondIssuedDt |
| Issue Price | $32,036,728 | IssuePriceAmt |
| Purpose | 2016 FACILITIES REVENUE BOND | 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 |
| Retired | $200,000 | RetiredAmt |
| Total Proceeds | $32,036,728 | TotalProceedsAmt |
| In Reserve Fund | $2,033,900 | InReserveFundAmt |
| Issuance Costs From Proceeds | $640,535 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $4,006,401 | CapitalExpendituresAmt |
| Other Spent Proceeds | $25,355,893 | OtherSpentProceedsAmt |
| Refunding Tax Exempt Bonds | 0 | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | Yes (1) | 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 | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | 0 | 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 | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | 0 | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE K, PART II, PROCEEDS | FormAndLineReferenceDesc |
| Explanation | (F) PURPOSE: TO CONSTRUCT & FURNISH A MEN'S RESIDENCE HALL TO REFUND THE 2007 FACILITIES REVENUE BONDS ISSUED 05/10/2007 AND THE 2011 SPECIAL PROJECT ISSUED 03/03/2011 (10) CAPITAL EXPENDITURES EXPENDED ON MEN'S RESIDENCE HALL FROM ACQUISITION FUND. (11) FUNDS USED TO REFUND PRIOR ISSUES. | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (4 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| CULINARY MANAGEMENT SOLUTIONS (CMS) | |||
| ENTITY MORE THAN 35% OWNED BY JOHN HILL, BOARD OF TRUSTEES | $1,884,947 | CMS PROVIDES THE FOOD SERVICE FOR THE CAFETERIA. | 0 |
| CAPFINANCIAL PARTNERS LLC | |||
| SEE PART V | $93,760 | CAPTRUST IS THE REGISTERED INVESTMENT ADVISER TO FAULKNER UNIVERSITY AND THE ASSOCIATED ENDOWMENTS AND RELATED ACCOUNTS | 0 |
| WILLIAM FREEMAN | |||
| FAMILY MEMBER OF CARLTON FREEMAN, SECRETARY FOR THE BOARD OF TRUSTEES | EMPLOYMENT | 0 | |
| GROVER PLUNKETT | |||
| FAMILY MEMBER OF ED WELCH, BOARD OF TRUSTEES | EMPLOYMENT | 0 | |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990, SCHEDULE L, PART IV, COLUMN D | FormAndLineReferenceDesc |
| Explanation | IN ACCORDANCE WITH APPLICABLE DISCLOSURE REQUIREMENTS, EDWARD WELCH, IS A MINORITY SHAREHOLDER IN THE CAPFINANCIAL GROUP, LLC, THE PARENT COMPANY OF CAPFINANCIAL PARTNERS, LLC (ALSO KNOWN AS CAPTRUST). | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | WILL FREEMAN AND CARLTON FREEMAN HAVE A FAMILY RELATIONSHIP. GROVER AND WENDY PLUNKETT HAVE A FAMILY RELATIONSHIP WITH EDDIE WELCH. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE BOARD RECEIVES A COPY OF FORM 990 DURING THE FALL BOARD MEETING. THE BOARD COPY INCLUDES A REDACTED SCHEDULE B PER BOARD APPROVAL TO NOT DISCLOSE DONOR NAMES AND INFORMATION. |
| FORM 990, PART VI, SECTION B, LINE 12C | BOARD MEMBERS ARE REQUIRED TO COMPLETE THE CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY. ALL FORMS ARE REVIEWED BY THE BOARD CHAIR OR VICE CHAIR AND MAINTAINED IN THE OFFICE OF THE UNIVERSITY PRESIDENT. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| PART XII, LINE 2C EXPLANATION | THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT OR SELECTION PROCESS DURING THE YEAR. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FAULKNER UNIVERSITY FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5345 ATLANTA HIGHWAY | AddressLine1Txt |
| City | MONTGOMERY | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 36109 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 061697483 | EIN |
| Primary Activities | CHRISTIAN EDUCATION AT FAULKNER UNIVERSITY | PrimaryActivitiesTxt |
| Legal Domicile State | AL | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 170(B)(1)(A) | PublicCharityStatusTxt |
| Controlled Organization | 0 | 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 | 0 | 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 | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | 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 | Yes (1) | TransferFromOtherOrgInd |