2021-03-25T09:00:36-05:00 2020-06-30 350921680 CROWE LLP 401 East Las Olas Blvd Suite 1100 Fort Lauderdale FL 333014230 990 2019-07-01 591023117 Lynn University Inc LYNN 5612377181 3601 North Military Trail Boca Raton FL 33431 KEVIN ROSS PRESIDENT 2021-03-25 true BRITTNEY KOCAJ P01320603 9542028600 2019 2022-09-23 18:48:47Z Kevin Ross 3601 North Military Trail Boca Raton FL 33431 144312737 false X www.lynn.edu X 1962 FL The mission of Lynn University is to provide an innovative, global and personalized education that enables students to realize their potential. 11 10 1615 10 -8511 0 6652781 17262425 110685895 115838185 890132 610611 1731400 1682466 119960208 135393687 25599274 32282260 0 53145569 53361439 0 6204938 43696156 41825630 122440999 127469329 -2480791 7924358 197249246 202368133 91711142 89699651 105538104 112668482 X Founded in 1962 and located in Boca Raton, Florida., Lynn University is a private, coeducational institution accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC). 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: -ENGAGE: We will engage with our constituents to further foster a culture of pride, loyalty and support. -ELEVATE: We will elevate the Lynn experience, building on our strong foundations to continually improve and adapt. -EXPAND: We will expand our programs, services, opportunities and capabilities. Read the full strategic plan at lynn.edu/strategy. false false 59642611 26305115 66775959 THE UNIVERSITY OFFERS BACHELOR'S, MASTER'S 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 APPROXIMATELY 3,250 STUDENTS FROM NEARLY 100 COUNTRIES AND NEARLY ALL 50 STATES. THE UNIVERSITY OFFERS 48 UNDERGRADUATE MAJORS AND 34 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. (CONTINUED ON SCHEDULE O) 26725782 0 33695020 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. (CONTINUED ON SCHEDULE O.) 22750712 5977145 14698509 THE UNIVERSITY MAINTAINS SIX RESIDENCE HALLS THAT PROVIDE FULL LIVING ACCOMMODATIONS FOR THE UNDERGRADUATE AND GRADUATE STUDENT POPULATION. EACH ROOM IS FURNISHED TO MEET STUDENTS' NEEDS, INCLUDING TV CABLE AND WIRELESS INTERNET SERVICE. STUDENTS LIVING ON CAMPUS ARE REQUIRED TO BE ON THE UNIVERSITY MEAL PLAN. SODEXO IS THE FOOD SERVICE VENDOR. COMMUTER STUDENTS, FACULTY, STAFF AND VISITORS CAN PURCHASE BLOCK MEAL PLANS. THE LYNN UNIVERSITY CAMPUS STORE OFFERS SCHOOL-BRANDED CLOTHING, ACCESSORIES, AND VARIOUS OTHER SUPPLIES. 1299474 0 2005506 CLASSICAL MUSIC IS PROVIDED TO THE UNIVERSITY COMMUNITY AS WELL AS THE GENERAL PUBLIC BY STUDENTS AND FACULTY IN 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 BETWEEN ACADEMIC YEARS FOR TRADITIONAL COLLEGE STUDENTS, 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. 1299474 2005506 110418579 true true false false false false true false true true true false false true true true false true false true false false false false false false false true true true false false false false false false true false true false true false false false false false false false false true 4097 0 true 1615 true true true false false false false false false false false false false false X 11 10 true false false false false false false true true false false true true true true true true true true true true X Tom Rooney 5612377181 3601 North Military Trail Boca Raton FL 33431 Christine Lynn Chairperson 2.0 X X 0 0 0 Kevin M Ross President 40.0 X X 1020909 0 225073 Stephen Snyder Trustee/vice chair 2.0 X X 0 0 0 Brad Osborne Trustee 2.0 X 0 0 0 J Hagood Ellison Jr Trustee 2.0 X 0 0 0 James Milby Trustee 2.0 X 0 0 0 Jan Carlsson Trustee 2.0 X 0 0 0 Jeff Perlman Trustee (starting 05/2020) 2.0 X 0 0 0 Paul Robino Trustee 2.0 X 0 0 0 Victoria Rixon Trustee 2.0 X 0 0 0 William Rehrig Trustee 2.0 X 0 0 0 Anthony Altieri VP for Student Life 40.0 X 169184 0 11355 Christian G Boniforti Chief Information Officer 40.0 X 243334 0 39443 Gareth P Fowles VP for Enrollment Management 40.0 X 245716 0 15141 Gregory J Malfitano SVP for Development & Administration 40.0 X 356765 0 38734 Katrina Carter-Tellison VP for Academic Affairs 40.0 X 218813 0 39808 Laurie Levine VP for Business and Finance (through 01/2020) 40.0 X 273395 0 53707 Michael Antonello General Counsel 40.0 X 201215 0 20234 Sherrie Weldon Chief Marketing Officer 40.0 X 226843 0 59858 Thomas Rooney CFO and Treasurer (starting 05/2020) 40.0 X 0 0 0 Farideh Farazmand Professor 40.0 X 186761 0 6364 Gregg C Cox Senior Advisor to the President 40.0 X 242725 0 30238 Matthew P Chaloux Director, Auxiliary Services 40.0 X 174441 0 40797 Ralph J Norcio Associate Dean, Business School 40.0 X 197259 0 32848 Ralph T Good Dean College of Business 40.0 X 199000 0 21976 3956360 0 635576 49 false true false GERRITTS CONSTRUCTION 8177 GLADES ROAD BOCA RATON FL 33434 General Construction 3301159 EAB PO Box 603519 Charlotte NC 282603519 Marketing services 1441138 MOGO Marketing & Media LLC 21 Tamal Vista Blvd 207 Corte Madera CA 29601 Marketing 586850 Academy Bus LLC 111 Paterson Avenue Hoboken NJ 07030 Transportation 208465 CIEE 300 Fore Street Portland ME 04101 Educational 195693 19 2423379 14839046 684360 17262425 Student Tuition and related fees 611710 99665610 99665610 Residence hall, room and board fees 611710 14046641 14046641 Camp fees 900099 1407384 1407384 Campus store sales 451211 345112 345112 Student activity income 611710 373438 373438 0 0 0 0 115838185 255531 -8511 264042 497459 151802 345657 0 345657 345657 9118779 3549 8767248 0 351531 3549 355080 355080 0 Community cultural affairs 900099 431931 431931 Contract revenue 900099 310000 310000 Commercial Card Rebate 900099 234429 234429 360449 360449 0 0 1336809 135393687 117174994 -8511 964779 32282260 32282260 3717033 948419 2193267 575347 478968 176327 95128 207513 39742189 33407110 3811567 2523512 1637284 1480328 29386 127570 4782412 4321424 86307 374681 3003553 2713050 54388 236115 220683 220683 116936 116936 627606 627606 1604545 806082 260442 538021 2296816 1771849 8417 516550 7189055 6688766 218822 281467 1740411 317897 1421965 549 5694706 4865041 653022 176643 1735124 1591562 75712 67850 141167 123183 10351 7633 1714977 1600606 75803 38568 9561038 8923417 422603 215018 2749634 2602404 97870 49360 Recruitment Expenses 1448564 1405400 43164 Student programming 780033 764418 9566 6049 Study tours/instructional fees 803038 803038 Cost of goods sold at campus store 167064 167064 3234233 2658934 312807 262492 127469329 110418579 10845812 6204938 21200 12200 7254863 11290939 5949814 5256931 1683162 1762689 0 0 0 0 1889765 2121072 394529 333020 457700 275472 261164656 122965380 141537970 138199276 7587795 2934107 29496714 30904708 0 852194 766974 123540 8510745 197249246 202368133 7991274 7284148 14007488 11887073 65699430 55472550 0 0 146164 10066967 3866786 4988913 91711142 89699651 X 75959730 69950085 29578374 42718397 105538104 112668482 197249246 202368133 X 7924358 1532896 -2326876 X false true X true true true X 14695953 8389758 6433610 6652781 17262425 53434527 0 0 14695953 8389758 6433610 6652781 17262425 53434527 20279789 33154738 783389 646756 806001 625289 761501 3622936 0 7143 0 168433 0 175576 804155 995202 1001213 1445227 1336809 5582606 62815645 523969504 0.5278 0.5442 X Schedule A, Part II, Line 3 Explanation of filing 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. Schedule A, Part II, Line 10 Other Income DESCRIPTION - GROSS INCOME FROM FUNDRAISING EVENTS, COLUMN A - 48058.0, COLUMN B - 58485.0, COLUMN C - 58562.0, COLUMN D - 56014.0, COLUMN E - 0.0, COLUMN F - 221119.0; DESCRIPTION - GROSS INCOME FROM GAMING, COLUMN A - 6677.0, COLUMN B - 6097.0, COLUMN C - 4545.0, COLUMN D - 5060.0, COLUMN E - 0.0, COLUMN F - 22379.0; DESCRIPTION - COMMUNITY CULTURAL AFFAIRS, COLUMN A - 436357.0, COLUMN B - 464193.0, COLUMN C - 431999.0, COLUMN D - 465841.0, COLUMN E - 431931.0, COLUMN F - 2230321.0; DESCRIPTION - OTHER INCOME, COLUMN A - 313063.0, COLUMN B - 466427.0, COLUMN C - 506107.0, COLUMN D - 918312.0, COLUMN E - 904878.0, COLUMN F - 3108787.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1766599 X X X false 27608363 1112039 1407994 730664 637254 28760478 26639336 969027 348743 187077 161666 27608363 25875764 486160 1558700 676975 604313 26639336 24031367 965224 2068241 625584 563484 25875764 24273813 658401 -900847 24031367 0.0087 0.8917 0.0996 false false 110000 1145045 1255045 192307145 68226228 124080917 52724587 44932004 7792583 14877879 9807148 5070731 138199276 Alternative investments 30904708 F 30904708 Deferred compensation payable 775000 Capital leases payable 1307176 Due to Digital Media Arts College Financial derivatives 2906737 4988913 X 101841643 1532896 151802 1684698 100156945 627606 34609136 35236742 135393687 94711265 151802 151802 94559463 627606 32282260 32909866 127469329 Schedule D, Part III, Line 4 Collections of art - description of collections The University has a collection of African Art, displayed in the library. The collection of African 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. Schedule D, Part V, Line 4 Intended uses of endowment funds The University's endowment consists of approximately 70 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. Schedule D, 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 that require adjustment to the financial statements to comply with the provisions of the Income Taxes Topic of the Financial Accounting Standards Board Accounting Standards Codification (FASB ASC). Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Rental Expenses - 151802 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Student Aid - 32282260 LOSS ON FINANCIAL DERIVATIVES - 2315980 LOSS ON CHANGE OF VALUE OF SPLIT INTEREST AGREEMENT - 10896 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Rental Expenses - 151802 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Student Aid - 32282260 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY 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-administration/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(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT 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. Central America and the Caribbean 0 0 Program Services STUDY TOURS 53100 East Asia and the Pacific 0 0 Program Services STUDY TOURS AND SEMESTER ABROAD 142002 Europe (Including Iceland and Greenland) 0 0 Program Services STUDY TOURS AND SEMESTER ABROAD 547936 0 0 0 0 0 0 743038 0 743038 true false true false false false Schedule F, Part V Method Used to Account for Expenditures The University accounts for revenue and expenditures on the accrual basis. Direct expenditures for study tours are tracked separately. Description of Study Abroad Program: Lynn University offers its students a variety of study abroad opportunities all around the world. These programs provide Intercultural and historical perspectives, enhancing the educational mission of the school. true ATHLETIC SCHOLARSHIP AWARDS 242 4619067 0 ACADEMIC SCHOLARSHIP AWARDS 1498 16420133 0 NEED BASED SCHOLARSHIP AWARDS 2235 11243060 0 Schedule I, Part I, Line 2 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. X X X true true X X X X X false true false false false false false false false Kevin M Ross President 500685 0 117239 0 402985 0 115400 0 109673 0 1245982 0 300000 0 Gregory J Malfitano SVP for Development & Administration 327558 0 0 0 29207 0 15400 0 23334 0 395499 0 0 0 Laurie Levine VP for Business and Finance (through 01/2020) 273395 0 0 0 0 0 15385 0 38322 0 327102 0 0 0 Sherrie Weldon Chief Marketing Officer 226843 0 0 0 0 0 37899 0 21959 0 286701 0 0 0 Christian G Boniforti Chief Information Officer 243334 0 0 0 0 0 13658 0 25785 0 282777 0 0 0 Gareth P Fowles VP for Enrollment Management 245716 0 0 0 0 0 13511 0 1630 0 260857 0 0 0 Katrina Carter-Tellison VP for Academic Affairs 218813 0 0 0 0 0 12007 0 27801 0 258621 0 0 0 Michael Antonello General Counsel 201215 0 0 0 0 0 11336 0 8898 0 221449 0 0 0 Anthony Altieri VP for Student Life 169184 0 0 0 0 0 9349 0 2006 0 180539 0 0 0 Gregg C Cox Senior Advisor to the President 242725 0 0 0 0 0 13714 0 16524 0 272963 0 0 0 Ralph J Norcio Associate Dean, Business School 192819 0 0 0 4440 0 5226 0 27622 0 230107 0 0 0 Ralph T Good Dean College of Business 199000 0 0 0 0 0 11103 0 10873 0 220976 0 0 0 Matthew P Chaloux Director, Auxiliary Services 167781 0 0 0 6660 0 8928 0 31869 0 215238 0 0 0 Farideh Farazmand Professor 186761 0 0 0 0 0 5352 0 1012 0 193125 0 0 0 Schedule J, Part I, Line 1a Discretionary spending account Kevin Ross has a discretionary spending account which is part of his employment contract and is included in his taxable compensation. Schedule J, Part I, Line 1a Housing allowance or residence for personal use 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 $84,030 is Included in the President's compensation as a nontaxable benefit. The benefit is excluded from taxable compensation pursuant to IRC Section 119. Schedule J, Part I, Line 1a Health or social club dues or initiation fees The University pays for country club memberships for the purpose of fundraising and development for Greg Malfitano, 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. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan 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. As is common for private universities, Lynn offers a deferred compensation plan to officers and executives. Annual deferrals into the plan become taxable when they are distributed, which can often result in large amounts included in taxable income because several years of deferrals are paid out at once. Multiple years of deferred and incentive compensation came to fruition in 2019. This compensation was awarded to Dr. Ross in consideration for his long tenure, which is more than double the average college president tenure, and for the completion of the university's Lynn 2020 strategic plan two years ahead of schedule. Under his leadership, the university has added 27 new undergraduate majors and 11 new graduate majors; raised over $100 million in capital and endowed gifts; transformed campus with enhanced technology and nearly 200,000 square feet of new facilities; and increased overall enrollment by 53 percent in the past 10 years, which includes a 48 percent increase in undergraduate enrollment and 72 percent growth in graduate enrollment. On June 30, 2019, President Ross received a distribution from a nonqualified supplemental deferred compensation plan in the amount of $337,462, which includes $300,000 previously reported as deferred compensation and $37,462 of plan earnings. The University also accrued $100,000 into this plan for President Ross during 2019. Additionally, the University maintains a deferred compensation plan for Sherrie Weldon, which provides her each a one-time distribution of $75,000 if she is still employed at Lynn at the end of three years. The University accrued $25,000 during 2019 for Sherrie Weldon. A Palm Beach County Educational Facilities Authority 521562288 2012-05-23 11077544 purchase energy conservation equipment false false false B Palm Beach County Educational Facilities Authority 521562288 2013-06-19 25000000 Refinance 2001 and 2009 bond issues and fund construction projects false false false C PALM BEACH COUNTY EDUCATIONAL FACILITIES AUTHORITY 521562288 2016-04-13 19315100 CONSTRUCTION OF NEW UPPER-CLASSMEN DORMITORY false false false D Palm Beach County Educational Facilities Authority 521562288 2017-08-28 25000000 Construction of new student center false false false A 4530556 0 11096806 0 0 0 64700 0 0 11032106 0 0 2014 false false false true B 5255600 0 25000000 0 0 0 300709 0 0 4331060 20368231 0 2013 true false false true C 1554800 0 19315100 0 369131 0 231655 0 0 18130161 584153 0 2017 false false false true D 12932300 0 25000000 3731 258104 24738165 0 0 2018 false false false true A false false false false 0.0 0.0 0.0 false false true B false true false false 0.0 0.0 0.0 false false true C false true false false 0.0767 0.0767 false false true D false false false false 0.0 0.0 0.0 false false true A false false true false false false false false true B false true false false true true BankUnited NA 25.0 false false false false true C false true false false true true BankUnited NA 8.5 false false false false true D false true false false true true BankUnited NA 8.5 false false false false true A true B true C true D true Schedule K, Part II, Line 3 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. Schedule K, Part III, Line 5 Private business use of property financed by 2013 bond Management is reviewing future rental use of the property financed by this bond. For the fiscal year ended June 30, 2021, private business use for this bond will be 0%. NA N/A 73817 SCHOLARSHIPS Tuition Assistance DONALD ROSS FATHER OF KEVIN ROSS, PRESIDENT 207513 COMPENSATION false STEPHANIE JACKSON WIFE OF ANTHONY ALTIERI, VP FOR STUDENT LIFE 113679 COMPENSATION false ASHLEIGH FOWLES SISTER OF GARETH FOWLES, VP FOR ENROLLMENT 95128 COMPENSATION false GISELLE GERBER FAMILY MEMBER OF CHRISTIAN BONIFORTI, CHIEF INFORMATION OFFICER 48168 COMPENSATION false 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. X 2020 Market value X 9 647540 Market value X Musical instrument - Violin and Violin Bows 2 34800 Opinions of experts 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Other - Musical instrument - Violin and Violin Bows - Number of items received Securities - Publicly traded - NUMBER OF CONTRIBUTIONS Books and publications - Learning tools - Drama Books - Number of contributions Form 990, Part III, Line 4a PROGRAM ACCOMPLISHMENTS (CONTINUED FROM PART III) 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. 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 VOLUNTARISM. 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 J-TERM COURSE. THOSE ARE FOCUSED ON INNOVATION AND OFFER INTENSE THREE-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 ON ITUNES U, AND EXPERIENCE ENGAGING MOBILE CONTENT DELIVERED THROUGH LYNN'S DISCUSSION-DRIVEN DIALOGUES CORE CURRICULUM. THEY ALSO SAVE UP TO 90 PERCENT IN TEXTBOOK COSTS. APPLE NAMED LYNN AN APPLE DISTINGUISHED SCHOOL THREE TIMES. 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 TWICE LISTED LYNN AMONG AMERICA'S MOST INNOVATIVE COLLEGES. Form 990, Part III, Line 4b PROGRAM ACCOMPLISHMENTS (CONTINUED FROM PART III) 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. 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 2019-20, 78 PERCENT OF THE STUDENT-ATHLETES EARNED A 3.00 GPA OR HIGHER AND 11 PERCENT EARNED A PERFECT 4.00 GPA. 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. ANOTHER HEALTH CENTER STAFF MEMBER ORGANIZES WELLNESS ACTIVITIES INCLUDING YOGA AND EXERCISE CLASSES AS WELL AS STUDENTS' 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 III, Line 4d Description of other program services (Expenses $ 1,299,474 including grants of $ 0)(Revenue $ 2,005,506) CLASSICAL MUSIC IS PROVIDED TO THE UNIVERSITY COMMUNITY AS WELL AS THE GENERAL PUBLIC BY STUDENTS AND FACULTY IN 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 BETWEEN ACADEMIC YEARS FOR TRADITIONAL COLLEGE STUDENTS, 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. Form 990, Part VI, Line 1a 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, Line 2 Family/business relationships amongst interested persons CHRISTINE LYNN AND JAN CARLSSON - Family relationship Form 990, Part VI, Line 11b Review of form 990 by governing body A draft of Form 990 was reviewed by Crowe based on audited financial statements and other information provided by University management. Following a review by the CFO and Director of Accounting, minor revisions were incorporated into a revised draft, which was posted to the Board portal prior to filing. Form 990, Part VI, 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, Line 15a Process to establish compensation of top management official 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 the President's compensation and determines his raise. The Executive Committee then communicates the percentage of the President's raise to the Vice President for Business and Finance, 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. This process was undertaken during the fall of 2019. Form 990, Part VI, Line 15b Process to establish compensation of other employees The President conducts annual performance reviews of all officers, based on pre-determined 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 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 was undertaken during the year ended June 30, 2020, and is documented in each employee's file. Form 990, Part VI, Line 19 Required documents available to the 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 VIII, Line 11d Other Miscellaneous Revenue Other - Total Revenue: 363693, Related or Exempt Function Revenue: 363693, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; - Total Revenue: -3244, Related or Exempt Function Revenue: -3244, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Gain (Loss) on financial derivatives - -2315980; Change in value of split interest agreement - -10896;