CENTENARY UNIVERSITY: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- CENTENARY UNIVERSITY (EIN 22-1500484)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2021-03-22
- IRS object ID
- 202110819349300131
- Schema version
- 2019v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-03-22T12:41:01-05:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 271728945 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF O'CONNOR DAVIES LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 TICE BOULEVARD SUITE 315 | AddressLine1Txt |
| City | WOODCLIFF LAKE | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07677 | 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 | 221500484 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CENTENARY UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CENT | BusinessNameControlTxt |
| Phone | 9088521400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 JEFFERSON STREET | AddressLine1Txt |
| City | HACKETTSTOWN | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07840 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DENTON L STARGEL | PersonNm |
| Person Title | VP BUSINESS & FINANCE/CFO | PersonTitleTxt |
| Phone | 9088521400 | PhoneNum |
| Signature | 2021-03-22 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GARRETT M HIGGINS | PreparerPersonNm |
| PTIN | P00543209 | PTIN |
| Phone | 2017129800 | PhoneNum |
| Preparation | 2021-03-22 | 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 | BRUCE T MURPHY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 JEFFERSON STREET | AddressLine1Txt |
| City | HACKETTSTOWN | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07840 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $62,749,301 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CENTENARYUNIVERSITY.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1867 | FormationYr |
| Legal Domicile State | NJ | LegalDomicileStateCd |
| Activity Or Mission | CENTENARY UNIVERSITY DELIVERS ACCREDITED DEGREE PROGRAMS AND COMPREHENSIVE LEARNING EXPERIENCES TO PREPARE STUDENTS FOR REGIONAL AND GLOBAL PROFESSIONS OF CRITICAL THOUGHT AND PURPOSEFUL ACTION WITHIN A SUPPORTIVE ENVIRONMENT IMMERSED IN A CULTURE OF SERVICE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 22 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 22 | VotingMembersIndependentCnt |
| Total Employee | 887 | TotalEmployeeCnt |
| Total Volunteers | 48 | TotalVolunteersCnt |
| Total Gross UBI | $284,966 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,241,168 | PYContributionsGrantsAmt |
| CY Contributions Grants | $8,903,877 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $50,955,585 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $48,036,781 | CYProgramServiceRevenueAmt |
| PY Investment Income | $47,355 | PYInvestmentIncomeAmt |
| CY Investment Income | $81,244 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,022,247 | PYOtherRevenueAmt |
| CY Other Revenue | $738,555 | CYOtherRevenueAmt |
| PY Total Revenue | $55,266,355 | PYTotalRevenueAmt |
| CY Total Revenue | $57,760,457 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $20,197,432 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $19,940,151 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $19,834,127 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $17,325,645 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $476,470 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $18,982,031 | PYOtherExpensesAmt |
| CY Other Expenses | $16,552,201 | CYOtherExpensesAmt |
| PY Total Expenses | $59,013,590 | PYTotalExpensesAmt |
| CY Total Expenses | $53,817,997 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$3,747,235 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,942,460 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $36,912,471 | TotalAssetsBOYAmt |
| Total Assets EOY | $32,681,476 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $47,128,821 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $39,317,936 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$10,216,350 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$6,636,460 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | CENTENARY UNIVERSITY IS AN INCLUSIVE AND COLLABORATIVE LEARNING COMMUNITY DEDICATED TO PREPARING ITS STUDENTS TO ENTER SOCIETY AS PROFESSIONAL AND GLOBAL CITIZENS. WE PROVIDE EXPERIENCES THAT FOSTER SKILLS OF CRITICAL THOUGHT AND PURPOSEFUL ACTION. THE CENTENARY EXPERIENCE IS DISTINGUISHED BY A FUNDAMENTAL BELIEF IN THE FULL POTENTIAL OF EACH STUDENT, A STRONG LIBERAL ARTS FOUNDATION, CAREER PREPARATION, AND A CULTURE OF SERVICE TO THE COMMUNITY AND TO THE WORLD. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $40,493,265 | ExpenseAmt |
| Grant | $19,940,151 | GrantAmt |
| Revenue | $42,666,324 | RevenueAmt |
| Desc | INSTRUCTIONAL: CENTENARY UNIVERSITY IS A COMMUNITY OF LEARNERS DISTINGUISHED BY A DIVERSE STUDENT BODY, A DEDICATED FACULTY AND STAFF AND STIMULATING EDUCATION OPPORTUNITIES. THE UNIVERSITY IS COMMITTED TO QUALITY LIBERAL ARTS AND CAREER STUDIES EDUCATION TO ENGAGE STUDENTS IN LEARNING AND PREPARE THEM FOR A SATISFYING CAREER, SUCCESSFUL LIVES, COMMUNITY SERVICE AND LIFELONG INTELLECTUAL PURSUITS. AS THE PRIMARY EDUCATIONAL AND CULTURAL RESOURCE OF NORTHWEST NEW JERSEY, CENTENARY OFFERS A RANGE OF UNDERGRADUATE, GRADUATE AND DOCTORATE PROGRAMS, AS WELL AS NON-DEGREE COURSES FOR PROFESSIONAL AND PERSONAL DEVELOPMENT. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $8,765,428 | ExpenseAmt |
| Revenue | $5,370,457 | RevenueAmt |
| Desc | AUXILIARY SERVICES AT CENTENARY UNIVERSITY ARE ORGANIZED TO SUPPORT STUDENT ACTIVITIES AND PROVIDE STUDENT HOUSING AND OTHER FACILITIES AND SERVICE FOR THE BENEFIT OF THE CENTENARY UNIVERSITY STUDENTS. UNIVERSITY DORMITORIES CONSIST OF 8 RESIDENCE HALLS AND PROVIDE LVING QUARTERS FOR APPROXIMATELY 600 STUDENTS. AUXILIARY SERVICES ALSO PROVIDE RECREATIONAL FACILITES, DINING SERVICES, PARKING, AND OTHER STUDENT SERVICES. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $49,258,693 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 167 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 887 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 22 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 22 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DENTON L STARGEL CFO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9088521400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 JEFFERSON STREET | AddressLine1Txt |
| City | HACKETTSTOWN | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07840 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (31 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|---|
| DAVID HANEY | |||||||||
| FORMER PRESIDENT | 0.00 | Yes (X) | $299,010 | $0 | $0 | ||||
| DENTON STARGEL | |||||||||
| VP BUSI & FIN/CFO | 35.00 | $191,925 | $0 | $15,688 | 1.00 | Yes (X) | |||
| AMY D'OLIVO | |||||||||
| VP ACADEMIC AFF/CAO | 35.00 | $138,283 | $0 | $25,330 | Yes (X) | ||||
| ROBERT MILLER | |||||||||
| VP ENROLLMENT MGMT | 35.00 | $138,278 | $0 | $17,997 | Yes (X) | ||||
| BARBARA LEWTHWAITE | |||||||||
| PRES. EMERITUS/PROF OF BUS | 35.00 | $147,384 | $0 | $7,166 | Yes (X) | ||||
| LINDA PEPE | |||||||||
| CONTROLLER | 35.00 | $110,998 | $0 | $42,225 | Yes (X) | ||||
| KERRY MULLINS-MONTANE | |||||||||
| VP FOR STUDENT LIFE/DEAN O | 35.00 | $124,176 | $0 | $27,765 | Yes (X) | ||||
| ROSALIND REICHARD | |||||||||
| PRESIDENT THRU 12/31/2019 | 35.00 | $108,824 | $0 | $25,656 | 1.00 | Yes (X) | |||
| DR BRUCE MURPHY | |||||||||
| PRESIDENT, EFF. 1/1/2020 | 35.00 | $0 | $0 | $0 | 1.00 | Yes (X) | |||
| WOLFGANG GSTATTENBAUER | |||||||||
| CHAIRMAN | 6.00 | $0 | $0 | $0 | 1.00 | Yes (X) | Yes (X) | ||
| KENNETH LEE HAHN | |||||||||
| 1ST VICE CHAIR | 6.00 | $0 | $0 | $0 | Yes (X) | Yes (X) | |||
| NORMAN WORTH | |||||||||
| 2ND VICE CHAIR | 6.00 | $0 | $0 | $0 | Yes (X) | Yes (X) | |||
| ROCHELLE MAKELA GOODMAN | |||||||||
| 3RD VICE CHAIR | 6.00 | $0 | $0 | $0 | Yes (X) | Yes (X) | |||
| DAVID JOHNSON | |||||||||
| TREASURER | 3.00 | $0 | $0 | $0 | 1.00 | Yes (X) | Yes (X) | ||
| LUCINDA THOMAS EMBERSITS | |||||||||
| SECRETARY | 6.00 | $0 | $0 | $0 | Yes (X) | Yes (X) | |||
| SUSAN BATEMAN ESQ | |||||||||
| TRUSTEE | 3.00 | $0 | $0 | $0 | Yes (X) | ||||
| AUDREY BONAPARTE-WATTS | |||||||||
| TRUSTEE | 3.00 | $0 | $0 | $0 | Yes (X) | ||||
| DENISE BLASEVICK | |||||||||
| TRUSTEE | 3.00 | $0 | $0 | $0 | Yes (X) | ||||
| DR HOWARD L BURRELL | |||||||||
| TRUSTEE | 3.00 | $0 | $0 | $0 | Yes (X) | ||||
| DR STANLEY CAINE | |||||||||
| TRUSTEE | 3.00 | $0 | $0 | $0 | Yes (X) | ||||
| MICHAEL T CATAPANO | |||||||||
| TRUSTEE | 3.00 | $0 | $0 | $0 | 1.00 | Yes (X) | |||
| DAVID D DALLAS | |||||||||
| TRUSTEE | 3.00 | $0 | $0 | $0 | Yes (X) | ||||
| REV DR FRANK L FOWLER III | |||||||||
| TRUSTEE | 3.00 | $0 | $0 | $0 | Yes (X) | ||||
| MICHAEL B LAVERY ESQ | |||||||||
| TRUSTEE | 3.00 | $0 | $0 | $0 | Yes (X) | ||||
| MERRI MILLMAN | |||||||||
| TRUSTEE | 3.00 | $0 | $0 | $0 | Yes (X) | ||||
| RAY NISIVOCCIA | |||||||||
| TRUSTEE | 3.00 | $0 | $0 | $0 | Yes (X) | ||||
| BISHOP JOHN R SCHOL | |||||||||
| TRUSTEE | 3.00 | $0 | $0 | $0 | Yes (X) | ||||
| ALDEN SIEGEL | |||||||||
| TRUSTEE | 3.00 | $0 | $0 | $0 | Yes (X) | ||||
| LINDA VAN WINKLE WATKINS | |||||||||
| TRUSTEE | 3.00 | $0 | $0 | $0 | Yes (X) | ||||
| NANCY PAFFENDORF | |||||||||
| TRUSTEE | 3.00 | $0 | $0 | $0 | Yes (X) | ||||
| DR EDWARD YAW | |||||||||
| TRUSTEE | 3.00 | $0 | $0 | $0 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,258,878 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $161,827 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 9 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SODEXO INC & AFFILIATES | |||||
| 9801 WASHINGTONIAN BLVD | GAITHERSBURG | MD | 02878 | FOOD SERVICE | $1,822,834 |
| NATIONAL MANAGEMENT RESOURCES | |||||
| PO BOX 1224 | LAGRANGE | GA | 30241 | MAINTENANCE SERVICES | $1,617,204 |
| THE LANDTEK GROUP INC | |||||
| 105 SWEENEYDALE AVE | BAY SHORE | NY | 11706 | CONSTRUCTION SERVICES | $1,610,988 |
| ELLUCIAN COMPANY LP | |||||
| 4375 FAIR LAKES CT | FAIRFAX | VA | 22033 | INFORMATION TECH SERVICES | $1,521,874 |
| COMPASS GROUP NORTH AMERICA | |||||
| 2400 YORKMONT RD | CHARLOTTE | NC | 28217 | FOOD SERVICE | $1,470,935 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 14 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $4,405,291 | GovernmentGrantsAmt |
| All Other Contributions | $4,498,586 | AllOtherContributionsAmt |
| Noncash Contributions | $438,614 | NoncashContributionsAmt |
| Total Contributions | $8,903,877 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION | 611600 | $42,666,324 | $42,666,324 |
| ROOM AND BOARD | 611600 | $4,860,594 | $4,860,594 |
| AUXILIARY INCOME | 611600 | $509,863 | $509,863 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $48,036,781 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $29,369 | TotalRevenueColumnAmt |
| Exclusion | $29,369 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $125,068 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $124,758 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $310 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $310 | TotalRevenueColumnAmt |
| Exclusion | $310 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,745,961 | SecuritiesAmt |
| Other | $1,170,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,720,402 | SecuritiesAmt |
| Other | $1,143,684 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $25,559 | SecuritiesAmt |
| Other | $26,316 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $51,875 | TotalRevenueColumnAmt |
| Exclusion | $51,875 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| OTHER REVENUE | 900099 | $367,205 | $367,205 | |
| SUMMER YOUTH CAMP | 611600 | $284,966 | $284,966 | |
| PERKINS LIQUIDATION REFUND | 900099 | $86,074 | $86,074 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $738,245 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $57,760,457 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $48,036,781 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $284,966 | UnrelatedBusinessRevenueAmt |
| Exclusion | $534,833 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,940,151 | TotalAmt |
| Program Services | $19,940,151 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $485,786 | TotalAmt |
| Management And General | $485,786 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,926,182 | TotalAmt |
| Program Services | $12,558,237 | ProgramServicesAmt |
| Management And General | $1,085,535 | ManagementAndGeneralAmt |
| Fundraising | $282,410 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,305,058 | TotalAmt |
| Program Services | $1,089,362 | ProgramServicesAmt |
| Management And General | $192,485 | ManagementAndGeneralAmt |
| Fundraising | $23,211 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,608,619 | TotalAmt |
| Program Services | $943,696 | ProgramServicesAmt |
| Management And General | $644,953 | ManagementAndGeneralAmt |
| Fundraising | $19,970 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $204,632 | TotalAmt |
| Management And General | $204,632 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,828 | TotalAmt |
| Management And General | $125,828 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,064 | TotalAmt |
| Management And General | $7,064 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,139,125 | TotalAmt |
| Program Services | $718,331 | ProgramServicesAmt |
| Management And General | $339,410 | ManagementAndGeneralAmt |
| Fundraising | $81,384 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,860,322 | TotalAmt |
| Program Services | $1,857,423 | ProgramServicesAmt |
| Management And General | $2,899 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $960,914 | TotalAmt |
| Program Services | $788,897 | ProgramServicesAmt |
| Management And General | $142,431 | ManagementAndGeneralAmt |
| Fundraising | $29,586 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,962,237 | TotalAmt |
| Program Services | $1,626,558 | ProgramServicesAmt |
| Management And General | $296,763 | ManagementAndGeneralAmt |
| Fundraising | $38,916 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,877 | TotalAmt |
| Program Services | $26,877 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,883,756 | TotalAmt |
| Program Services | $3,700,475 | ProgramServicesAmt |
| Management And General | $183,281 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $220,450 | TotalAmt |
| Program Services | $214,390 | ProgramServicesAmt |
| Management And General | $6,060 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,431 | TotalAmt |
| Program Services | $18,334 | ProgramServicesAmt |
| Management And General | $6,097 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $275,163 | TotalAmt |
| Program Services | $261,955 | ProgramServicesAmt |
| Management And General | $13,208 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,018,594 | TotalAmt |
| Program Services | $1,921,912 | ProgramServicesAmt |
| Management And General | $96,682 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $116,330 | TotalAmt |
| Program Services | $86,994 | ProgramServicesAmt |
| Management And General | $29,336 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| FOOD SERVICE | $1,948,568 | $1,946,364 | $1,301 | $903 |
| EQUINE CENTER EXPENSE | $658,003 | $658,003 | ||
| MISCELLANEOUS EXPENSES | $349,598 | $141,433 | $208,165 | |
| REPAIRS AND MAINTENANCE | $298,273 | $288,190 | $10,083 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $472,036 | TotalAmt |
| Program Services | $471,111 | ProgramServicesAmt |
| Management And General | $835 | ManagementAndGeneralAmt |
| Fundraising | $90 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,817,997 | TotalAmt |
| Program Services | $49,258,693 | ProgramServicesAmt |
| Management And General | $4,082,834 | ManagementAndGeneralAmt |
| Fundraising | $476,470 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $876,382 | BOYAmt |
| EOY | $253,658 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,557,470 | BOYAmt |
| EOY | $1,386,318 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,371,456 | BOYAmt |
| EOY | $3,297,558 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,660,944 | BOYAmt |
| EOY | $1,745,512 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $963,016 | BOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,910 | BOYAmt |
| EOY | $8,597 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $629,439 | BOYAmt |
| EOY | $481,474 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $25,832,134 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $12,641,950 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,614,857 | BOYAmt |
| EOY | $13,190,184 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,458,067 | BOYAmt |
| EOY | $11,528,449 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $761,930 | BOYAmt |
| EOY | $789,726 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,912,471 | BOYAmt |
| EOY | $32,681,476 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,098,097 | BOYAmt |
| EOY | $2,057,270 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,113,041 | BOYAmt |
| EOY | $2,512,234 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $168,250 | BOYAmt |
| EOY | $97,222 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $137,129 | BOYAmt |
| EOY | $124,425 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,250,000 | BOYAmt |
| EOY | $2,500,000 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,532,942 | BOYAmt |
| EOY | $2,715,554 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,829,362 | BOYAmt |
| EOY | $29,311,231 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,128,821 | BOYAmt |
| EOY | $39,317,936 | 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 | -$17,514,977 | BOYAmt |
| EOY | -$16,065,656 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,298,627 | BOYAmt |
| EOY | $9,429,196 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$10,216,350 | BOYAmt |
| EOY | -$6,636,460 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,912,471 | BOYAmt |
| EOY | $32,681,476 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $3,942,460 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $408,319 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$770,889 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $9,338,560 | BeginningYearBalanceAmt |
| Contributions | $1,465,944 | ContributionsAmt |
| Investment Earnings Or Losses | $375,831 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $457,488 | GrantsOrScholarshipsAmt |
| End Year Balance | $10,722,847 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $13,852,131 | BeginningYearBalanceAmt |
| Contributions | $428,626 | ContributionsAmt |
| Investment Earnings Or Losses | $352,911 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $730,438 | GrantsOrScholarshipsAmt |
| Other Expenditures | $4,564,670 | OtherExpendituresAmt |
| End Year Balance | $9,338,560 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $12,242,600 | BeginningYearBalanceAmt |
| Contributions | $611,997 | ContributionsAmt |
| Investment Earnings Or Losses | $1,400,190 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $402,656 | GrantsOrScholarshipsAmt |
| End Year Balance | $13,852,131 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,727,935 | BeginningYearBalanceAmt |
| Contributions | $526,577 | ContributionsAmt |
| Investment Earnings Or Losses | $1,516,140 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $528,052 | GrantsOrScholarshipsAmt |
| End Year Balance | $12,242,600 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,603,214 | BeginningYearBalanceAmt |
| Contributions | $723,925 | ContributionsAmt |
| Investment Earnings Or Losses | -$192,385 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $406,819 | GrantsOrScholarshipsAmt |
| End Year Balance | $10,727,935 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.37150 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.54430 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.08420 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $248,900 | OtherCostOrOtherBasisAmt |
| Book Value | $248,900 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,257,791 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,768,273 | DepreciationAmt |
| Book Value | $5,489,518 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $530,049 | OtherCostOrOtherBasisAmt |
| Depreciation | $216,793 | DepreciationAmt |
| Book Value | $313,256 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,229,744 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,583,874 | DepreciationAmt |
| Book Value | $1,645,870 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,565,650 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,073,010 | DepreciationAmt |
| Book Value | $5,492,640 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $13,190,184 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| CHARITABLE GIFT ANNUITY LIAB. | $358,998 |
| DUE TO CENTENARY EQUESTRIAN FOUNDATION | $28,812,984 |
| PAYROLL PROTECTION PROGRAM LOAN | $139,249 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $29,311,231 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $39,735,854 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $408,319 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $1,124,758 | OtherRevenueAmt |
| Revenue Not Reported | $1,533,077 | RevenueNotReportedAmt |
| Revenue Subtotal | $38,202,777 | RevenueSubtotalAmt |
| Other Revenues Not Included | $19,557,680 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $19,557,680 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $57,760,457 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $38,214,990 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $3,928,357 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $3,928,357 | ExpensesNotReportedAmt |
| Expenses Subtotal | $34,286,633 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $19,531,364 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $19,531,364 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $53,817,997 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | AN AGENCY ACCOUNT IS USED TO ACCOUNT FOR RESOURCES HELD BY THE UNIVERSITY, AS CUSTODIAN OR FISCAL AGENT, FOR A STUDENT, FACULTY OR STAFF ORGANIZATION. THE MOST COMMON TYPE OF AGENCY ACCOUNT IS A DEPOSITORY ACCOUNT WHERE A STUDENT WILL LEAVE ON DEPOSIT OF A CERTAIN SUM OF MONEY THAT WILL BE RETURNED IF THERE IS NO DAMAGE TO HIS OR HER ROOM. ANOTHER COMMON TYPE OF ACCOUNT IS A STUDENT ORGANIZATION ACCOUNT FOR WHICH THE UNIVERSITY PROCESSES DEPOSITS AND AUTHORIZED EXPENDITURES. |
| PART V, LINE 4: | THE UNIVERSITY'S ENDOWMENT FUNDS ARE COMPRISED OF BOARD RESTRICTED AND DONOR RESTRICTED FUNDS AND ARE HELD TO SUPPORT THE EDUCATIONAL AND OPERATING PROGRAMS OF THE UNIVERSITY. BOARD RESTRICTED FUNDS ARE INTENDED FOR FUNDING NECESSARY FOR FUTURE COSTS OF THE UNIVERSITY. DONOR RESTRICTED FUNDS ARE INTENDED TO LEAVE THE PRINCIPAL UNTOUCHED, AND ARE USED FOR PURPOSES AS RESTRICTED BY DONORS AND CONSISTENT WITH THE UNIVERSITY'S TAX-EXEMPT STATUS. EARNINGS FROM BOTH FUNDS ARE USED FOR UNIVERSITY OPERATING EXPENSES, INCLUDING INSTRUCTIONAL, ACADEMIC SUPPORT, STUDENT AID, AND OTHER INSTITUTIONAL EXPENSES THAT MAY ARISE. |
| PART X, LINE 2: | CENTENARY UNIVERSITY AND THE FOUNDATION ACCOUNT FOR UNCERTAINTIES IN INCOME TAXES IN ACCORDANCE WITH AUTHORITATIVE GUIDANCE, WHICH PRESCRIBES A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. MANAGEMENT DETERMINED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD AT JUNE 30, 2020 AND 2019. THE UNIVERSITY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2017. CENTENARY UNIVERSITY AND THE FOUNDATION'S POLICY IS TO RECOGNIZE INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | BAD DEBT RECOVERY 1,000,000. RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B 124,758. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID NETTED AGAINST TUITION 19,531,364. GAIN ON SALE OF ASSETS 26,316. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | EXPENSES IN CONSOLIDATED FINANCIALS ATTRIBUTABLE TO CENTENARY EQUESTRIAN FDN 3,569,831. RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B 124,758. LOSS ON DECEASED HORSES 260,084. GAIN ON SALE OF ASSETS -26,316. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID NETTED AGAINST TUITION 19,531,364. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE SCHOOL PUBLICIZES ITS RACIALLY NONDISCRIMINATORY STATEMENT ON ITS WEBSITE, IN ALL HANDBOOKS AND LITERATURE DISTRIBUTED. |
| SCHEDULE E, PART I, LINE 6 | CENTENARY UNIVERSITY RECEIVES FINANCIAL AID FROM VARIOUS GOVERNMENTAL SOURCES INCLUDING PELL GRANTS AND FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| CARES ACT STUDENT AWARDS | 877 | $408,787 |
| FINANCIAL AID | 1334 | $19,531,364 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE INSTITUTION MONITORS, PROCESSES, RECONCILES, AND ADMINISTERS ITS AID PROGRAMS THROUGH A SHARED APPROACH. PROGRAM ADMINISTRATION IS THE MAIN RESPONSIBILITY OF THE UNIVERSITY'S FINANCIAL AID OFFICE; THE UNIVERSITY'S CONTROLLER'S OFFICE HANDLES THE FISCAL DUTIES, WHICH INCLUDE REQUESTING CASH DRAWS FROM THE DEPARTMENT OF EDUCATION GRANT MANAGEMENT SYSTEM, TRACKING FEDERAL AUTHORIZATIONS, DETERMINING MATCHING REQUIREMENTS, AND PERFORMING RECONCILIATIONS. THE STUDENT BILLING OFFICE APPLIES PAYMENTS TO STUDENTS' ACCOUNTS. THIS SHARED APPROACH ALLOWS FOR SEGREGATION OF DUTIES BETWEEN THE DETERMINATION OF AWARDS AND PROCESSING PAYMENTS AND ALLOWS THE UNIVERSITY TO VERIFY THAT THE FUNDS ARE BEING USED FOR THEIR INTENDED PURPOSE. CARES ACT AWARDS - STUDENT MAY REQUEST FUNDS BASED ON ANY NEED RESULTING FROM THE IMPACT OF COVID-19. THE REQUEST IS REVIEWED BY AN INDEPENDENT COMMITTEE. IF APPROVED, THE COMMITTEE NOTIFIES THE FINANCIAL AID DEPARTMENT, WHO RECORDS THE AWARD ON THE STUDENTS' ACCOUNT. AMOUNTS ARE DISASTER RELIEF PAYMENTS TO REIMBURSE OR PAY FOR REASONABLE AND NECESSARY PERSONAL, FAMILY, LIVING, OR FUNERAL EXPENSES INCURRED AS A RESULT OF COVID-19. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | 0 | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DAVID HANEY | ||||||||||||||
| FORMER PRESIDENT | $0 | $0 | $0 | $0 | $299,010 | $0 | $0 | $0 | $0 | $0 | $299,010 | $0 | $0 | $0 |
| DENTON STARGEL | ||||||||||||||
| VP BUSI & FIN/CFO | $191,925 | $0 | $0 | $0 | $0 | $0 | $3,465 | $0 | $12,223 | $0 | $207,613 | $0 | $0 | $0 |
| AMY D'OLIVO | ||||||||||||||
| VP ACADEMIC AFF/CAO | $138,283 | $0 | $0 | $0 | $0 | $0 | $2,450 | $0 | $22,880 | $0 | $163,613 | $0 | $0 | $0 |
| ROBERT MILLER | ||||||||||||||
| VP ENROLLMENT MGMT | $138,278 | $0 | $0 | $0 | $0 | $0 | $2,428 | $0 | $15,569 | $0 | $156,275 | $0 | $0 | $0 |
| BARBARA LEWTHWAITE | ||||||||||||||
| PRES. EMERITUS/PROF OF BUS | $147,384 | $0 | $0 | $0 | $0 | $0 | $2,625 | $0 | $4,541 | $0 | $154,550 | $0 | $0 | $0 |
| LINDA PEPE | ||||||||||||||
| CONTROLLER | $110,998 | $0 | $0 | $0 | $0 | $0 | $9,375 | $0 | $32,850 | $0 | $153,223 | $0 | $0 | $0 |
| KERRY MULLINS-MONTANE | ||||||||||||||
| VP FOR STUDENT LIFE/DEAN O | $124,176 | $0 | $0 | $0 | $0 | $0 | $1,563 | $0 | $26,202 | $0 | $151,941 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | THE PRESIDENT AND VICE PRESIDENT OF STUDENT LIFE ARE EACH PROVIDED USE OF A HOUSE OWNED BY THE UNIVERSITY. SERVICES RELATED TO THE HOMES ARE PROVIDED BY THE UNIVERSITY. THESE BENEFITS WERE NOT TREATED AS TAXABLE COMPENSATION TO THEM, AS THEY ARE PROVIDED AS A CONDITION OF THEIR EMPLOYMENT, AND FOR THE CONVENIENCE OF CENTENARY UNIVERSITY. THE HOUSING AND HOUSEKEEPING SERVICES (FOR THE PRESIDENT ONLY) ARE TREATED AS NONTAXABLE BENEFITS AND REPORTED ON SCHEDULE J, PART II, COLUMN D. |
| PART I, LINE 4A | IN JANUARY 2019 DAVID HANEY, FORMER PRESIDENT, RECEIVED A SEVERANCE PAYMENT OF $299,010 FROM THE ORGANIZATION. |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 5 | ContributionCnt |
| Noncash Contributions Rpt F990 | $32,864 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | AVERAGE SELLING PRICE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | HORSES | Desc |
| Contribution | 6 | ContributionCnt |
| Noncash Contributions Rpt F990 | $405,750 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISALS | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 8 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION IS REPORTING THE AMOUNT OF CONTRIBUTORS ON SCHEDULE M, PART 1, COLUMN B. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS REVIEWED INTERNALLY AND THEN PRESENTED TO THE AUDIT COMMITTEE AND THE BOARD OF TRUSTEES FOR APPROVAL. ALL MEMBERS OF THE BOARD OF TRUSTEES RECEIVE A COMPLETE COPY OF THE FORM 990 TO REVIEW PRIOR TO THE FORM 990'S SUBMISSION TO THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH OFFICER, DIRECTOR, TRUSTEE AND KEY EMPLOYEE IS REQUIRED UPON HIRE, AND ANNUALLY, TO COMPLETE A "CONFLICT OF INTEREST QUESTIONNAIRE". IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE TRUSTEES AND MEMBER OF COMMITTEES WITH GOVERNING 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 GOVERNING 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 EXISTES. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FUTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE UNIVERSITY FOLLOWS A PROCESS TO ENSURE THAT EXECUTIVE AND TOP MANAGEMENT COMPENSATION IS REASONABLE. COMPENSATION IS COMPARED TO INDUSTRY STANDARDS, BY POSITION AND FISCAL AND MANAGERIAL RESPONSIBILITIES. PROPOSED COMPENSATION IS PRESENTED TO THE BOARD OF TRUSTEES' COMPENSATION COMMITTEE FOR APPROVAL AND RECOMMENDATION TO THE BOARD OF TRUSTEES FOR FINAL APPROVAL. THE APPROVAL IS DOCUMENTED IN THE MINUTES. MEMBERS OF THE BOARD'S COMPENSATION COMMITTEE ARE INDEPENDENT PERSONS WHO HAVE NO PERSONAL INTEREST IN THE PROPOSED COMPENSATION ARRANGEMENT. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE UNIVERSITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC REVIEW, UPON REQUEST TO: DENTON L. STARGEL, CFO, 400 JEFFERSON STREET, HACKETTSTOWN, NJ 07840. |
| FORM 990, PART XI, LINE 9: | LOSS ON DECEASED HORSES -260,084. REVENUE ATTRIBUTABLE TO CENTENARY EQUESTRIAN FOUNDATION -1,510,805. BAD DEBT RECOVERY 1,000,000. |
| FORM 990, PART XII, LINE 2C: | THE AUDIT COMMITTEE IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CENTENARY EQUESTRIAN FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 JEFFERSON STREET | AddressLine1Txt |
| City | HACKETTSTOWN | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07840 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 475219553 | EIN |
| Primary Activities | UNIVERSITY REAL ESTATE | PrimaryActivitiesTxt |
| Legal Domicile State | NJ | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 12A, I | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CENTENARY UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| CENTENARY EQUESTRIAN FOUNDATION | ||
| K | $1,510,805 | ACTUAL |
| CENTENARY EQUESTRIAN FOUNDATION | ||
| R | $2,272,908 | ACTUAL |