DELAWARE VALLEY UNIVERSITY: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- DELAWARE VALLEY UNIVERSITY (EIN 23-1352665)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2021-05-13
- IRS object ID
- 202101339349300225
- Schema version
- 2019v5.1
- 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 M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-05-13T07:30:54-05:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1100 Peachtree Street Suite 700 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 303094516 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231352665 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Delaware Valley University | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % CHERYL A MOYER | InCareOfNm |
| Business Name Control | DELA | BusinessNameControlTxt |
| Phone | 2154894898 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 EAST BUTLER AVE | AddressLine1Txt |
| City | DOYLESTOWN | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 189012607 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RANDY BARFIELD | PersonNm |
| Person Title | VP FINANCE & Admin | PersonTitleTxt |
| Phone | 2154894898 | PhoneNum |
| Signature | 2021-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Sandra L Feinsmith | PreparerPersonNm |
| PTIN | P01064157 | PTIN |
| Phone | 4046886841 | PhoneNum |
| Preparation | 2021-05-10 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Dr maria gallo | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 EAST BUTLER AVE | AddressLine1Txt |
| City | DOYLESTOWN | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 189012607 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $101,664,108 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.delval.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1896 | FormationYr |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Activity Or Mission | A PRIVATE FOUR-YEAR UNIVERSITY PROVIDING HIGHER EDUCATION TO INDIVIDUALS SEEKING ADVANCEMENT. | ActivityOrMissionDesc |
| Voting Members Governing Body | 23 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 22 | VotingMembersIndependentCnt |
| Total Employee | 1437 | TotalEmployeeCnt |
| Total Volunteers | 2150 | TotalVolunteersCnt |
| Total Gross UBI | -$68,741 | TotalGrossUBIAmt |
| PY Contributions Grants | $3,112,055 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,745,009 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $73,299,599 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $71,835,110 | CYProgramServiceRevenueAmt |
| PY Investment Income | $793,948 | PYInvestmentIncomeAmt |
| CY Investment Income | $809,302 | CYInvestmentIncomeAmt |
| PY Other Revenue | $15,921,894 | PYOtherRevenueAmt |
| CY Other Revenue | $12,257,028 | CYOtherRevenueAmt |
| PY Total Revenue | $93,127,496 | PYTotalRevenueAmt |
| CY Total Revenue | $90,646,449 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $35,262,702 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $35,465,368 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $37,838,363 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $37,673,190 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,363,802 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $21,778,694 | PYOtherExpensesAmt |
| CY Other Expenses | $19,545,210 | CYOtherExpensesAmt |
| PY Total Expenses | $94,879,759 | PYTotalExpensesAmt |
| CY Total Expenses | $92,683,768 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,752,263 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$2,037,319 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $111,285,862 | TotalAssetsBOYAmt |
| Total Assets EOY | $108,794,895 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $44,669,175 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $44,019,700 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $66,616,687 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $64,775,195 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | WE ARE INSPIRED BY THE IDEALS OF OUR FOUNDER WHO, IN 1896, EMPHASIZED RESPECT FOR ALL PEOPLE AND IDEAS, WHO HONORED KNOWLEDGE WITH PRACTICE, PROGRESS AND THE COMMON GOOD. CONTINUED ON SCHEDULE "O" | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $79,574,491 | ExpenseAmt |
| Grant | $35,465,368 | GrantAmt |
| Revenue | $71,835,110 | RevenueAmt |
| Desc | DELAWARE VALLEY UNIVERSITY (THE "UNIVERSITY") OPERATES A PRIVATE, CO-EDUCATIONAL FOUR-YEAR INSTITUTION LOCATED IN DOYLESTOWN, BUCKS COUNTY, PENNSYLVANIA. THE UNIVERSITY WAS FOUNDED IN 1896 AND CURRENTLY ENROLLS OVER 1,600 FULL-TIME UNDERGRADUATE STUDENTS. THE UNIVERSITY'S FOCUS IS IN THE AREAS OF HIGH-SCIENCE, AGRICULTURE, BIOLOGICAL AND PHYSICAL SCIENCES, LIBERAL ARTS, TEACHER EDUCATION, AND BUSINESS. BESIDES ITS FULL-TIME UNDERGRADUATE PROGRAMS, THE UNIVERSITY OFFERS ASSOCIATE OF SCIENCE DEGREE PROGRAMS AND CONTINUING PROFESSIONAL STUDIES PROGRAMS INCLUDING EVENING AND SUMMER SESSIONS. IN ADDITION, THE UNIVERSITY OFFERS FIVE GRADUATE DEGREE PROGRAMS: MASTER OF SCIENCE, EDUCATIONAL LEADERSHIP; MASTER OF SCIENCE, TEACHING AND LEARNING; MASTER OF BUSINESS ADMINISTRATION; MASTER OF ARTS, POLICY STUDIES; AND MASTER OF ARTS, COUNSELING PSYCHOLOGY. An ed.d is also offered. | Desc |
| Total Program Service Expenses | $79,574,491 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | Yes (true) | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | Yes (true) | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 121 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 1437 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 23 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 22 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHERYL A MOYER | PersonNm |
| Phone | 2154894898 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 EAST BUTLER AVE | AddressLine1Txt |
| City | DOYLESTOWN | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 189012607 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (29 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| Maria Gallo PHD | ||||||||
| President | 55.0 | 0.0 | Yes (X) | Yes (X) | $354,168 | $0 | $35,237 | |
| Benjamin E Rusiloski | ||||||||
| VP Academic Affairs | 55.0 | 0.0 | $212,888 | $0 | $28,658 | Yes (X) | ||
| Cheryl A Moyer | ||||||||
| Associate VP for Finance | 55.0 | 0.0 | Yes (X) | $175,973 | $0 | $25,546 | ||
| keith richardson | ||||||||
| VP external affairs | 55.0 | 0.0 | $180,020 | $0 | $17,211 | Yes (X) | ||
| april l vari | ||||||||
| vp student affairs | 55.0 | 0.0 | $167,843 | $0 | $24,530 | Yes (X) | ||
| tanya casas | ||||||||
| dean, business & humanities | 55.0 | 0.0 | $160,659 | $0 | $28,297 | Yes (X) | ||
| Broc Sandelin | ||||||||
| Dean, Agriculture & Env Sci | 55.0 | 0.0 | $172,196 | $0 | $14,862 | Yes (X) | ||
| Majid Alsayegh | ||||||||
| Chairperson | 0.3 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Joseph C Krauskopf | ||||||||
| Vice Chairperson | 0.3 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Andrew G Dougherty | ||||||||
| Treasurer | 0.3 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Jonathan Mandell | ||||||||
| Secretary | 0.3 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Carole Aichele | ||||||||
| Trustee | 0.3 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Dr Jimmy G Cheek | ||||||||
| Trustee | 0.3 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Allen H Childs | ||||||||
| Trustee | 0.3 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Marlene M De La Cruz | ||||||||
| Trustee | 0.3 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Thomas Dembrowski | ||||||||
| Trustee | 0.3 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Dr Linda A Detwiler | ||||||||
| Trustee | 0.3 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| W Matthew Dougherty | ||||||||
| Trustee | 0.3 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Jerry L Fritz Jr | ||||||||
| Trustee | 0.3 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Dr Gregory G Gallant | ||||||||
| Trustee | 0.3 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Elizabeth H Gemmill | ||||||||
| Trustee | 0.3 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Krista P Harper Esq | ||||||||
| Trustee | 0.3 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Arthur D Hershey | ||||||||
| Trustee | 0.3 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Dr Kevin L Keim | ||||||||
| Trustee | 0.3 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Gregory F Krug | ||||||||
| Trustee | 0.3 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| JOY LEVY | ||||||||
| Trustee | 0.3 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Katherine Littlefield | ||||||||
| Trustee | 0.3 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Michael Rettig Esq | ||||||||
| Trustee | 0.3 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| William Schutt | ||||||||
| TRUSTEE | 0.3 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,423,747 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $174,341 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 28 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Parkhurst Dining Services | |||||
| PO Box 644091 | PITTSBURGH | PA | 15264 | Food Serv.-Catering | $3,981,347 |
| HOWELL PARTNERS LLC | |||||
| 100 CHETWYND DRIVE SUITE 105 | ROSEMONT | PA | 19010 | MARKETING | $590,527 |
| Delran Builders Company Inc | |||||
| 7909 Flourtown Avenue | WYNDMOOR | PA | 19038 | Construction | $575,910 |
| Apogee Telecom Inc | |||||
| PO Box 95541 | GRAPEVINE | TX | 760999703 | Data & Satellite | $414,851 |
| Capture LLC | |||||
| 2303 River Road | LOUISVILLE | KY | 40206 | Recruitment | $263,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 12 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $46,923 | FundraisingAmt |
| Government Grants | $2,203,733 | GovernmentGrantsAmt |
| All Other Contributions | $3,494,353 | AllOtherContributionsAmt |
| Noncash Contributions | $246,973 | NoncashContributionsAmt |
| Total Contributions | $5,745,009 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TUITION AND FEES | Desc |
| Business | 611310 | BusinessCd |
| Total Revenue Column | $71,835,110 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $71,835,110 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $71,835,110 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,148,711 | TotalRevenueColumnAmt |
| Exclusion | $1,148,711 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $29,400 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $96,450 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$67,050 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$67,050 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$68,550 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,500 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $9,910,090 | SecuritiesAmt |
| Other | $8,675 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $10,257,876 | SecuritiesAmt |
| Other | $298 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$347,786 | SecuritiesAmt |
| Other | $8,377 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$339,409 | TotalRevenueColumnAmt |
| Exclusion | -$339,409 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $23,342 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $46,923 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $35,830 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$12,488 | TotalRevenueColumnAmt |
| Exclusion | -$12,488 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $43,373 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $3,156 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $40,217 | TotalRevenueColumnAmt |
| Exclusion | $40,217 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $674,034 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $624,049 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $49,985 | TotalRevenueColumnAmt |
| Exclusion | $49,985 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| DINING SERVICE REVENUE | 722210 | $5,789,564 | $5,789,564 |
| RESIDENCE HALLS REVENUE | 611310 | $4,750,574 | $4,750,574 |
| PRODUCTION UNITS FARM INCOME | 900099 | $434,446 | $434,446 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,271,780 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$191 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,271,971 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $12,246,364 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $90,646,449 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $71,835,110 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$68,741 | UnrelatedBusinessRevenueAmt |
| Exclusion | $13,135,071 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,465,368 | TotalAmt |
| Program Services | $35,465,368 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $627,219 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $627,219 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,330,079 | TotalAmt |
| Program Services | $22,313,725 | ProgramServicesAmt |
| Management And General | $5,175,446 | ManagementAndGeneralAmt |
| Fundraising | $840,908 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,543,050 | TotalAmt |
| Program Services | $1,192,818 | ProgramServicesAmt |
| Management And General | $305,280 | ManagementAndGeneralAmt |
| Fundraising | $44,952 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,335,409 | TotalAmt |
| Program Services | $4,125,682 | ProgramServicesAmt |
| Management And General | $1,054,296 | ManagementAndGeneralAmt |
| Fundraising | $155,431 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,837,433 | TotalAmt |
| Program Services | $331,242 | ProgramServicesAmt |
| Management And General | $1,452,380 | ManagementAndGeneralAmt |
| Fundraising | $53,811 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $148,650 | TotalAmt |
| Program Services | $5,777 | ProgramServicesAmt |
| Management And General | $142,873 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $88,905 | TotalAmt |
| Management And General | $88,905 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $132,473 | TotalAmt |
| Management And General | $132,473 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,606,527 | TotalAmt |
| Program Services | $3,017,334 | ProgramServicesAmt |
| Management And General | $1,431,937 | ManagementAndGeneralAmt |
| Fundraising | $157,256 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $644,421 | TotalAmt |
| Program Services | $608,967 | ProgramServicesAmt |
| Management And General | $28,250 | ManagementAndGeneralAmt |
| Fundraising | $7,204 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,129,582 | TotalAmt |
| Program Services | $940,908 | ProgramServicesAmt |
| Management And General | $149,998 | ManagementAndGeneralAmt |
| Fundraising | $38,676 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $514,140 | TotalAmt |
| Program Services | $391,068 | ProgramServicesAmt |
| Management And General | $116,345 | ManagementAndGeneralAmt |
| Fundraising | $6,727 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,252,851 | TotalAmt |
| Program Services | $1,252,851 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $438,004 | TotalAmt |
| Program Services | $400,514 | ProgramServicesAmt |
| Management And General | $32,715 | ManagementAndGeneralAmt |
| Fundraising | $4,775 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,852 | TotalAmt |
| Program Services | $47,345 | ProgramServicesAmt |
| Management And General | $14,404 | ManagementAndGeneralAmt |
| Fundraising | $2,103 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,230,246 | TotalAmt |
| Program Services | $1,230,246 | ProgramServicesAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,879,011 | TotalAmt |
| Program Services | $3,510,441 | ProgramServicesAmt |
| Management And General | $368,570 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $503,931 | TotalAmt |
| Program Services | $502,731 | ProgramServicesAmt |
| Fundraising | $1,200 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| CONSTRUCTION | $658,564 | $658,564 | ||
| FARMING & LIVESTOCK | $743,769 | $743,769 | ||
| MEALS/FOOD SERVICE | $1,546,174 | $1,522,057 | $21,114 | $3,003 |
| REPAIRS | $573,400 | $554,202 | $19,198 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,390,710 | TotalAmt |
| Program Services | $758,882 | ProgramServicesAmt |
| Management And General | $584,072 | ManagementAndGeneralAmt |
| Fundraising | $47,756 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $92,683,768 | TotalAmt |
| Program Services | $79,574,491 | ProgramServicesAmt |
| Management And General | $11,745,475 | ManagementAndGeneralAmt |
| Fundraising | $1,363,802 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $119,974 | BOYAmt |
| EOY | $145,984 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,605,570 | BOYAmt |
| EOY | $5,797,069 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $188,917 | BOYAmt |
| EOY | $370,711 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,078,571 | BOYAmt |
| EOY | $2,828,005 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,757,721 | BOYAmt |
| EOY | $1,551,995 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,151,832 | BOYAmt |
| EOY | $1,201,532 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $822,879 | BOYAmt |
| EOY | $442,800 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $135,766,018 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $72,362,249 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $64,846,549 | BOYAmt |
| EOY | $63,403,769 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,382,171 | BOYAmt |
| EOY | $31,846,027 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $623,449 | BOYAmt |
| EOY | $500,607 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $708,229 | BOYAmt |
| EOY | $706,396 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $111,285,862 | BOYAmt |
| EOY | $108,794,895 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,766,964 | BOYAmt |
| EOY | $5,807,106 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,212,839 | BOYAmt |
| EOY | $2,979,056 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,346,190 | BOYAmt |
| EOY | $28,036,256 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,188,151 | BOYAmt |
| EOY | $5,111,485 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,155,031 | BOYAmt |
| EOY | $2,085,797 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,669,175 | BOYAmt |
| EOY | $44,019,700 | 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 | $39,486,025 | BOYAmt |
| EOY | $36,185,431 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,130,662 | BOYAmt |
| EOY | $28,589,764 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,616,687 | BOYAmt |
| EOY | $64,775,195 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $111,285,862 | BOYAmt |
| EOY | $108,794,895 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$2,037,319 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $195,827 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preservation Open Space | Yes (X) | PreservationOpenSpaceInd |
| Total Easements | 2 | TotalEasementsCnt |
| Total Acreage | 283.00 | TotalAcreageCnt |
| Historic Structure Easements | 0 | HistoricStructureEasementsCnt |
| Modified Easements | 0 | ModifiedEasementsCnt |
| States Easements Held | 1 | StatesEasementsHeldCnt |
| Written Policy Monitoring | false | WrittenPolicyMonitoringInd |
| Staff Hours Spent Enforcement | 0.00 | StaffHoursSpentEnforcementCnt |
| Expenses Incurred Enforcement | $0 | ExpensesIncurredEnforcementAmt |
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $34,596,345 | BeginningYearBalanceAmt |
| Contributions | $344,448 | ContributionsAmt |
| Investment Earnings Or Losses | $858,866 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $391,657 | GrantsOrScholarshipsAmt |
| Other Expenditures | $3,190,566 | OtherExpendituresAmt |
| Administrative Expenses | $132,473 | AdministrativeExpensesAmt |
| End Year Balance | $32,084,963 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $33,578,158 | BeginningYearBalanceAmt |
| Contributions | $477,548 | ContributionsAmt |
| Investment Earnings Or Losses | $2,062,099 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $311,236 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,076,597 | OtherExpendituresAmt |
| Administrative Expenses | $133,627 | AdministrativeExpensesAmt |
| End Year Balance | $34,596,345 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $32,393,869 | BeginningYearBalanceAmt |
| Contributions | $604,836 | ContributionsAmt |
| Investment Earnings Or Losses | $1,981,360 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $311,189 | GrantsOrScholarshipsAmt |
| Other Expenditures | $957,178 | OtherExpendituresAmt |
| Administrative Expenses | $133,540 | AdministrativeExpensesAmt |
| End Year Balance | $33,578,158 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $29,426,730 | BeginningYearBalanceAmt |
| Contributions | $1,756,676 | ContributionsAmt |
| Investment Earnings Or Losses | $2,639,184 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $250,487 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,031,359 | OtherExpendituresAmt |
| Administrative Expenses | $146,875 | AdministrativeExpensesAmt |
| End Year Balance | $32,393,869 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $30,634,431 | BeginningYearBalanceAmt |
| Contributions | $1,729,920 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,272,644 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $286,369 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,125,115 | OtherExpendituresAmt |
| Administrative Expenses | $253,493 | AdministrativeExpensesAmt |
| End Year Balance | $29,426,730 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.22580 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.37850 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.39570 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,157,985 | OtherCostOrOtherBasisAmt |
| Book Value | $12,157,985 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $97,417,685 | OtherCostOrOtherBasisAmt |
| Depreciation | $50,296,473 | DepreciationAmt |
| Book Value | $47,121,212 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovementsGrp |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $24,355,476 | OtherCostOrOtherBasisAmt |
| Depreciation | $21,705,353 | DepreciationAmt |
| Book Value | $2,650,123 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,834,872 | OtherCostOrOtherBasisAmt |
| Depreciation | $360,423 | DepreciationAmt |
| Book Value | $1,474,449 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $63,403,769 | TotalBookValueLandBuildingsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| FUNDS HELD IN CUSTODY FOR OTHERS | $798,225 |
| REFUNDABLE ADV. FOR STUDENT LOANS | $1,287,572 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,085,797 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $56,403,167 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $195,827 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $759,485 | OtherRevenueAmt |
| Revenue Not Reported | $955,312 | RevenueNotReportedAmt |
| Revenue Subtotal | $55,447,855 | RevenueSubtotalAmt |
| Other Revenues Not Included | $35,198,594 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $35,198,594 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $90,646,449 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $58,244,659 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $759,485 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $759,485 | ExpensesNotReportedAmt |
| Expenses Subtotal | $57,485,174 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $35,198,594 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $35,198,594 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $92,683,768 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART II, LINE 9: | THE UNIVERSITY OWNS APPROXIMATELY 283 ACRES OF LAND IN BUCKS AND MONTGOMERY COUNTIES UNDER AGRICULTURAL CONSERVATION EASEMENTS PURSUANT TO THE AGRICULTURAL AREA SECURITY LAW. UNDER THESE AGRICULTURAL CONSERVATION EASEMENTS, THE UNIVERSITY'S USE OF THE LAND IS LIMITED TO THE PRODUCTION OF CROPS, LIVESTOCK AND LIVESTOCK PRODUCTS, AND OTHER AGRICULTURAL PRODUCTION. |
| PART V, LINE 4: | THE USE OF ENDOWMENT FUNDS IS BASED ON THE RESTRICTION PLACED BY THE DONOR. ANY BOARD-DESIGNATED QUASI-ENDOWMENT FUNDS ARE USED PRIMARILY FOR STUDENT SCHOLARSHIPS. |
| PART X, LINE 2: | THE UNIVERSITY FOLLOWS THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") GUIDANCE THAT REQUIRES A TAX POSITION TO BE RECOGNIZED OR DERECOGNIZED BASED ON THE "MORE LIKELY THAN NOT" THRESHOLD. THE UNIVERSITY DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. THE UNIVERSITY'S POLICY IS TO RECOGNIZE INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. NO INTEREST OR PENALTIES WERE RECOGNIZED IN 2020 AND 2019. AS OF JUNE 30, 2020, TAX YEARS ENDING JUNE 30, 2019, 2018, AND 2017 WERE OPEN. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD 624,049 SPECIAL EVENT COSTS 35,830 RENTAL EXPENSES 96,450 GAMING EXPENSES 3,156 |
| PART XI, LINE 4D - OTHER ADJUSTMENTS: | SCHOLARSHIPS 35,198,594 |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD 624,049 SPECIAL EVENT COSTS 35,830 RENTAL EXPENSES 96,450 GAMING EXPENSES 3,156 |
| PART XII, LINE 4D - OTHER ADJUSTMENTS: | SCHOLARSHIPS 35,198,594 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| LINE 3: | THE NON-DISCRIMINATION POLICY OF THE UNIVERSITY IS INCLUDED IN ALL EXTERNALLY TARgeted PUbLICATIONS, THE UNIVERSITY CATALOG, AND THE WEBSITE. |
| LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID: | THE UNIVERSITY RECEIVES FEDERAL FUNDS UNDER THE PELL GRANT, SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT, COLLEGE WORK STUDY, AND OTHER MISCELLANEOUS FEDERAL RESEARCH AND DEVELOPMENT GRANTS. ADDITIONALLY, THE UNIVERSITY RECEIVES VARIOUS GRANTS FROM THE COMMONWEALTH OF PENNSYLVANIA AND ITS POLITICAL SUBDIVISIONS. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | golf tournament | Event1Nm |
| Gross Receipts Event1 | $70,265 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $46,923 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $23,342 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $17,627 | RentFacilityCostsEvent1Amt |
| Other Direct Expenses Event1 | $18,203 | OtherDirectExpensesEvent1Amt |
| Other Events Total | 0 | OtherEventsTotalCnt |
| Gross Receipts Total | $70,265 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $46,923 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $23,342 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $17,627 | RentFcltyCostsTotalEventsAmt |
| Oth Direct Expnss Total Events | $18,203 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $35,830 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$12,488 | NetIncomeSummaryAmt |
Gaming Information GamingInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Revenue Other Gaming | $43,373 | GrossRevenueOtherGamingAmt |
| Cash Prizes Other Gaming | $2,925 | CashPrizesOtherGamingAmt |
| Oth Direct Expnss Other Gaming | $231 | OthDirectExpnssOtherGamingAmt |
| Volunteer Labor Other Gaming | Yes (true) | VolunteerLaborOtherGamingInd |
| Volunteer Labor Other Gaming | 1.00000 | VolunteerLaborOtherGamingPct |
| Gross Revenue Total Gaming | $43,373 | GrossRevenueTotalGamingAmt |
| Cash Prizes Total Gaming | $2,925 | CashPrizesTotalGamingAmt |
| Oth Direct Expnss Total Gaming | $231 | OthDirectExpnssTotalGamingAmt |
| Direct Expense Summary Gaming | $3,156 | DirectExpenseSummaryGamingAmt |
| Net Gaming Income Summary | $40,217 | NetGamingIncomeSummaryAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | PA | StatesWhereGamingConductedCd |
| Licensed | Yes (true) | LicensedInd |
| License Suspended Etc | false | LicenseSuspendedEtcInd |
| Gaming With Nonmembers | false | GamingWithNonmembersInd |
| Member Of Other Entity | false | MemberOfOtherEntityInd |
| Gaming Own Facility | 1.00000 | GamingOwnFacilityPct |
| Individual With Books | DUKE GRECO AND KEVIN KOHOUT Delawa | IndividualWithBooksNm |
Persons With Books US Address PersonsWithBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 170 East Butler Avenue | AddressLine1Txt |
| City | Doylestown | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 18901 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct With3rd Prty For Game Rev | false | CntrctWith3rdPrtyForGameRevInd |
| Gaming Manager Person | DUKE GRECO AND KEVIN KOHOUT | GamingManagerPersonNm |
| Gaming Manager Compensation | $0 | GamingManagerCompensationAmt |
| Gaming Manager Services Prov | Football coach, LACROSSE COACH | GamingManagerServicesProvTxt |
| Gaming Manager Is Employee | Yes (X) | GamingManagerIsEmployeeInd |
| Charitable Distribution Rqr | Yes (true) | CharitableDistributionRqrInd |
| Distributed | $40,217 | DistributedAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | VARIOUS STUDENT SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 1600 | RecipientCnt |
| Cash Grant | $35,465,368 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | NEED-BASED GRANTS AWARDED BASED ON FINANCIAL AID NEEDS ANALYSIS. OTHER GRANTS/SCHOLARSHIPS AWARDED BASED ON MEETING REQUIREMENTS SET FORTH BY THE DONOR. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Maria Gallo PHD | ||||||||||||||
| President | $306,264 | $0 | $30,000 | $0 | $17,904 | $0 | $25,200 | $0 | $10,037 | $0 | $389,405 | $0 | $0 | $0 |
| Cheryl A Moyer | ||||||||||||||
| Associate VP for Finance | $173,847 | $0 | $0 | $0 | $2,126 | $0 | $15,646 | $0 | $9,900 | $0 | $201,519 | $0 | $0 | $0 |
| Benjamin E Rusiloski | ||||||||||||||
| VP Academic Affairs | $208,262 | $0 | $0 | $0 | $4,626 | $0 | $18,744 | $0 | $9,914 | $0 | $241,546 | $0 | $0 | $0 |
| keith richardson | ||||||||||||||
| VP external affairs | $176,750 | $0 | $0 | $0 | $3,270 | $0 | $15,908 | $0 | $1,303 | $0 | $197,231 | $0 | $0 | $0 |
| april l vari | ||||||||||||||
| vp student affairs | $167,204 | $0 | $0 | $0 | $639 | $0 | $15,048 | $0 | $9,482 | $0 | $192,373 | $0 | $0 | $0 |
| tanya casas | ||||||||||||||
| dean, business & humanities | $146,450 | $0 | $0 | $0 | $14,209 | $0 | $13,180 | $0 | $15,117 | $0 | $188,956 | $0 | $0 | $0 |
| Broc Sandelin | ||||||||||||||
| Dean, Agriculture & Env Sci | $170,000 | $0 | $0 | $0 | $2,196 | $0 | $0 | $0 | $14,862 | $0 | $187,058 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A: | FormAndLineReferenceDesc |
| Explanation | MARIA GALLO, THE UNIVERSITY PRESIDENT, IS REQUIRED TO RESIDE ON CAMPUS AS A CONVENIENCE TO THE UNIVERSITY AND AS A CONDITION OF EMPLOYMENT. AS SUCH, THIS BENEFIT IS NOT INCLUDED IN HER TAXABLE COMPENSATION. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| PENNSYLVANIA HIGHER EDUCATION FACILITIES AUTHORITY | ||||||||
| A | 232243852 | 70917SBL6 | 2012-10-18 | $34,853,500 | SEE PART VI | false | false | false |
| BOROUGH OF LANGHORNE MANOR HIGHER EDUC & HEALTH | ||||||||
| B | 2015-10-30 | $4,210,000 | BOND REFINANCE | false | false | false | ||
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $5,175,000 | $0 | $34,853,500 | $2,327,801 | $0 | $0 | $364,968 | $0 | $0 | $10,018,896 | $22,190,456 | $0 | 2013 | Yes (true) | false | Yes (true) | Yes (true) |
| B | $0 | $0 | $4,210,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4,210,000 | $0 | 2015 | Yes (true) | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Remedial Action TakenRemedialActionTakenInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | Yes (true) | Yes (true) | false | 0.00000 | 0.00000 | 0.00000 | false | false | false | Yes (true) |
| B | false | false | false | false | 0.00000 | 0.00000 | 0.00000 | false | false | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Business Name Line1GICProviderName/BusinessNameLine1Txt | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | ||||||||||
| A | false | false | Yes (true) | false | false | false | false | 0 | false | Yes (true) |
| 0 | ||||||||||
| B | false | false | Yes (true) | false | false | false | false | 0 | false | Yes (true) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE K, PART I, BOND ISSUES: | FormAndLineReferenceDesc |
| Explanation | (A) ISSUER NAME: PENNSYLVANIA HIGHER EDUCATION FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: CONSTRUCTION/EQUIPMENT/FURNISHINGS - LIFE & SCIENCE BUILDING, BOND REFINANCE (A) ISSUER NAME: BOROUGH OF LANGHORNE MANOR HIGHER EDUCATION AND HEALTH AUTHORITY (F) DESCRIPTION OF PURPOSE: BOND REFINANCE | ExplanationTxt |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArtGrp | |
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp | |
| Books And Publications | BooksAndPublicationsGrp | |
| Clothing And Household Goods | ClothingAndHouseholdGoodsGrp | |
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $34,473 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp | |
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | HORSE | Desc |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $212,500 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 3 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: | OUR HISTORICAL COMMITMENT TO EXPERIENTIAL LEARNING INTEGRATES THEORY AND PRACTICE AND PREPARES UNDERGRADUATE AND GRADUATE STUDENTS TO MEET THE CHALLENGES OF A COMPLEX GLOBAL ENVIRONMENT AND TO ENGAGE IN LIFELONG LEARNING. WE PROVIDE STUDENTS WITH THE REQUISITE SKILLS AND A SPIRIT OF INQUIRY THAT ENRICH AND INFORM THEIR LIVES, PREPARE THEM TO PURSUE MEANINGFUL CAREERS, AND FULFILL SOCIETAL, COMMUNITY AND FAMILY RESPONSIBILITIES. |
| FORM 990, PART VI, SECTION A, LINE 1: | THE MEMBERSHIP OF THE EXECUTIVE COMMITTEE SHALL CONSIST OF SEVEN (7) TRUSTEES: THE BOARD CHAIR; THE VICE BOARD CHAIR, THE SECRETARY; THE TREASURER; AND THREE (3) AT-LARGE TRUSTEES AS ELECTED BY THE BOARD. THE PRESIDENT IS AN EX-OFFICIO, NON-VOTING MEMBER OF THE EXECUTIVE COMMITTEE. OTHER THAN THE PRESIDENT, THE EXECUTIVE COMMITTEE SHALL NOT HAVE ANY MEMBERS THAT ARE NOT ALSO VOTING TRUSTEES. THE EXECUTIVE COMMITTEE SHALL EXERCISE THE POWERS OF THE BOARD IN RELATION TO MATTERS THAT ARISE WHEN THE BOARD IS NOT IN SESSION OR WHEN IT IS NOT PRACTICAL OR FEASIBLE FOR THE BOARD TO MEET. THE EXECUTIVE COMMITTEE IS DELEGATED THE AUTHORITY TO ACT AS THE FULL BOARD WHEN EXERCISING THE POWERS AND AUTHORITY UNDER THE COMMITTEE'S CHARTER, SUBJECT TO THE LIMITATIONS BELOW OR LISTED IN THE ARTICLES OF INCORPORATION, AS AMENDED, SUPPLEMENTED OR RESTATED, THESE BYLAWS AND APPLICABLE LAW. THE EXECUTIVE COMMITTEE SHALL BE RESPONSIBLE TO GATHER DATA TO INFORM THE BOARD ON COMPENSATION AND EVALUATION OF THE PRESIDENT, TO MAKE RECOMMENDATIONS AS TO ANY CHANGES IN THE PRESIDENT'S COMPENSATION, BENEFITS, AND/OR CONTRACT. |
| FORM 990, PART VI, SECTION B, LINE 11B: | THE FORM 990 IS REVIEWED IN DETAIL BY MANAGEMENT OF THE UNIVERSITY INCLUDING THE ASsociate VP OF FINANCE AND THE VP OF FINANCE AND ADMINISTRATION. THE 990 IS THEN REVIEWED BY THE Audit/Risk Management Committee OF THE BOARD AND MADE AVAILABLE TO THE ENTIRE BOARD OF TRUSTEES PRIOR TO SUBMISSION TO THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C: | THE CONFLICT OF INTEREST SURVEYS ARE COMPLETED ANNUALLY BY THE BOARD OF TRUSTEES AND DELAWARE VALLEY UNIVERSITY STAFF. THESE SURVEYS ARE REVIEWED BY SENIOR MANAGEMENT TO DETERMINE IF THERE IS ANY POTENTIAL CONFLICT OF INTEREST. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST BY THE BOARD OF DIRECTORS AND OFFICERS, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTEREST AND MUST BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. IF AN EMPLOYEE HAS A VESTED INTEREST IN A FIRM THAT IS DOING BUSINESS WITH THE UNIVERSITY, THE EMPLOYEE MUST REPORT THE INTEREST TO THE PRESIDENT AND MUST NOT REPRESENT THE UNIVERSITY IN TRANSACTIONS BETWEEN THE FIRM AND THE UNIVERSITY. NO EMPLOYEE CAN ACCEPT EMPLOYMENT IN ANY ORGANIZATION WHICH CONDUCTS BUSINESS WITH THE UNIVERSITY OR IS A UNIVERSITY COMPETITOR. FACULTY WHO TEACH PART TIME AT OTHER EDUCATIONAL INSTITUTIONS ARE NOT CONSIDERED IN VIOLATION OF THIS POLICY. VIOLATION OF THIS POLICY WILL RESULT IN DISCIPLINARY ACTION, UP TO AND INCLUDING DISCHARGE. |
| FORM 990, PART VI, SECTION B, LINE 15: | THE BOARD OF TRUSTEES ENGAGES A COMPENSATION CONSULTANT AS NEEDED TO ASSESS SALARY LEVELS FOR THE PRESIDENT'S POSITION. THE MOST RECENT CONSULTANT WAS ENGAGED IN FISCAL YEAR 2014. OVERSIGHT OF THE EVALUATION PROCESS AND SALARY ACTIONS ARE OVERSEEN BY THE EXECUTIVE COMMITTEE OF THE BOARD, WHICH INCLUDES THE CHAIR, VICE CHAIR, TREASURER, SECRETARY AND THREE AT LARGE MEMBERS OF THE BOARD. COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES ARE GROUPED WITH ALL OTHER EMPLOYEES WHEN DETERMINING COMPENSATION. THE BOARD OF TRUSTEES APPROVES ALL EMPLOYEE COMPENSATION AND SALARY INCREASES AS PART OF THE ANNUAL BUDGET PROCESS. THE REVIEW AND APPROVAL PROCESS IS DOCUMENTED VIA MINUTES OF THE BOARD OF TRUSTEES AND/OR MINUTES FROM THE EXECUTIVE COMMITTEE. |
| FORM 990, PART VI, SECTION C, LINE 19: | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARITABLE REMAINDER ANNUITY TRUST (2) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | CHARITABLE TRust | PrimaryActivitiesTxt |
| Legal Domicile State | PA | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELAWARE VALLEY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |