2021-05-17T08:29:51-05:00 2020-06-30 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 500 ORLANDO FL 32801 990 2019-07-01 586044761 POINT UNIVERSITY INC POIN 7063851000 507 WEST 10TH STREET WEST POINT GA 31833 NADEENA POWER CFO 7063851017 2021-05-03 1 AMY CHAPMAN P00843460 4078021200 2021-05-03 2019 2022-09-23 18:48:47Z NADEENA POWER 507 WEST 10TH STREET WEST POINT GA 31833 36581516 0 X WWW.POINT.EDU X 1928 GA TO EDUCATE STUDENTS FOR CHRIST-CENTERED SERVICE AND LEADERSHIP THROUGHOUT THE WORLD. 19 19 649 18 -382622 0 8131000 8117665 24364683 25186342 41940 163184 1164086 797628 33701709 34264819 6741005 6939199 0 0 12564072 12112895 0 0 1044529 15107968 14039001 34413045 33091095 -711336 1173724 43688830 44703708 24261023 24102177 19427807 20601531 TO EDUCATE STUDENTS FOR CHRIST-CENTERED SERVICE AND LEADERSHIP THROUGHOUT THE WORLD. 0 0 26705903 6939199 25834747 POINT UNIVERSITY OFFERS ASSOCIATE DEGREE PROGRAMS, BACHELOR'S DEGREE PROGRAMS, MASTER'S DEGREE PROGRAMS, AND CERTIFICATE PROGRAMS IN THE ACADEMIC AREAS OF BIBLICAL STUDIES AND MINISTRY, BUSINESS AND LEADERSHIP, SOCIAL AND BEHAVIORAL SCIENCES AND HUMAN SERVICES, EDUCATION, HUMANITIES, MUSIC, BIOLOGY, AND EXERCISE AND HEALTH SCIENCES (NOT ALL ACADEMIC AREAS AT ALL LEVELS). OVER 2,000 STUDENTS ARE ENROLLED IN THE RESIDENTIAL PROGRAM AT WEST POINT, THE ONLINE PROGRAM, AND OFF-SITE LOCATIONS (PEACHTREE CITY AND SAVANNAH IN GEORGIA). 26705903 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 1 144 0 649 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 0 0 0 GA X NADEENA POWER CFO 7063851000 507 WEST 10TH STREET WEST POINT GA 31833 DR DEAN C COLLINS PRESIDENT 40.00 X 183776 0 61635 STEPHEN T WEAVER FACULTY 40.00 X 121616 0 16634 ARTHUR DANA CPA VP FINANCE 40.00 X 123429 0 13815 WILBERT D HARRISON CHIEF ACEDEMIC OFFICER 40.00 X 101577 0 30224 MARGARET HODGE DIRECTOR OF HR 40.00 X 102057 0 22853 ALAN E KEMPER FACULTY 40.00 X 108634 0 14868 STACY BARTLETT VP ADVANCEMENT 40.00 X 101494 0 17385 NADEENA POWER CFO 40.00 X 98652 0 3117 ANDRE KENNEBREW TRUSTEE, CHAIRMAN OF THE BOARD 1.00 X X 0 0 0 TONY COLLINS TRUSTEE, TREASURER 1.00 X X 0 0 0 MIKE WAERS TRUSTEE, VICE CHAIRMAN 1.00 X X 0 0 0 DAVID DEETER TRUSTEE 1.00 X 0 0 0 JEREMY FINE TRUSTEE 1.00 X 0 0 0 CAM HUXFORD TRUSTEE 1.00 X 0 0 0 ANDREW CATHY TRUSTEE 1.00 X 0 0 0 J ROSS GREENE TRUSTEE 1.00 X 0 0 0 DR JIM SLODERBECK TRUSTEE 1.00 X 0 0 0 MARVIN BUSSEY TRUSTEE 1.00 X 0 0 0 PAUL LESLIE TRUSTEE 1.00 X 0 0 0 DR RALPH SWEARNGIN TRUSTEE 1.00 X 0 0 0 ROB RAYNOR TRUSTEE 1.00 X 0 0 0 BOB DAY TRUSTEE 1.00 X 0 0 0 DAVID MCDANIEL TRUSTEE 1.00 X 0 0 0 ALAN STITH TRUSTEE 1.00 X 0 0 0 FAITH SIMPSON TRUSTEE 1.00 X 0 0 0 AMORY SCOTT TRUSTEE 1.00 X 0 0 0 941235 0 180531 7 0 1 0 HIGHER EDUCATIONCOM 801 CONGRESS STREET SUITE 400 HOUSTON TX 77002 MARKETING OF ONLINE CLASSES 1292190 SUPERIOR GOLF & GROUNDS LLC 6282 GA HWY 18 PINE MOUNTAIN GA 31822 MANAGEMENT OF GOLF COURSE 272521 NATIONAL MANAGEMENT RESOURCES PO BOX 1224 LAGRANGE GA 30241 FACILITIES MANAGEMENT 256981 SYNERGY CAMPUS SECURITY SERVICES LLC PO BOX 1224 LAGRANGE GA 30241 CAMPUS SECURITY 230741 KSI CONSULTING 4701 SHORE DRIVE VIRGINIA BEACH VA 23455 ACCIDENT INSURANCE FOR STUDENTS 137215 14 3072982 5044683 2734751 8117665 TUITION AND FEES 611710 22756016 22756016 AUXILIARY SERVICES 611710 2920204 2920204 GOLF COURSE SALES 713910 -489878 -489878 25186342 173205 173205 639101 0 639101 639101 107256 531845 2306676 2316697 -10021 -10021 -10021 MISCELLANEOUS REVENUE 900099 158527 158527 158527 34264819 25834747 -382622 695029 6939199 6939199 932207 322434 609773 9451287 8806393 92555 552339 935064 801463 115002 18599 794337 698355 53728 42254 1299502 335012 792468 172022 63157 63157 91352 91352 265887 240320 25567 206467 182417 21760 2290 2268203 2268203 2766754 1300848 1332030 133876 578471 559557 14042 4872 1308431 1108591 176160 23680 1372594 1162875 184869 24850 431218 31115 398839 1264 CONTRACTED SERVICES 1687931 865425 817368 5138 COURSE EXPENSES 853039 853039 0 0 BAD DEBT EXPENSE 410567 410567 REPAIRS AND MAINTENANCE 227213 132964 94249 0 208215 97693 72744 37778 33091095 26705903 5340663 1044529 1497128 3210472 5616098 5777727 1123754 963684 581815 980167 1010819 757407 44910825 11896574 33859216 33014251 43688830 44703708 2122252 1651166 890574 1497495 17630737 18252077 3617460 2701439 24261023 24102177 X 13775359 14905642 5652448 5695889 19427807 20601531 43688830 44703708 1173724 0 X 0 1 X 1 1 1 X 7090330 12454958 15121734 8131000 8117665 50915687 7090330 12454958 15121734 8131000 8117665 50915687 15212515 35703172 199770 174513 191431 524627 812306 1902647 440656 804728 542976 689821 158527 2636708 55455042 0.64380 0.72060 X SCHEDULE A, PART II: THE ORGANIZATION IS A SCHOOL AS DESCRIBED UNDER 170(B)(1)(A)(II) AND IS NOT REQUIRED TO COMPLETE A PUBLIC SUPPORT SCHEDULE. SCHEDULE A, PART II IS COMPLETED TO VERIFY THE SCHOOL CAN QUALIFY UNDER PUBLIC CHARITY STATUS SECTION 170(B)(1)(A)(VI) AND QUALIFIES TO USE THE FIRST LISTED SPECIAL RULE FOR SCHEDULE B REPORTING. SCHEDULE A, PART II, LINE 10, EXPLANATION FOR OTHER INCOME MISCELLANEOUS INCOME 2014: $ 233,173 2015: $ 440,656 2016: $ 330,042 2017: $ 542,976 2018: $ 689,821 2019: $ 158,527 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4547629 31036 118677 4697342 4410532 29566 107531 4547629 4276413 27955 106164 4410532 4311675 24125 108000 167387 4276413 4169122 25867 116686 4311675 0.00000 0.85040 0.14960 0 0 7027201 7027201 22117185 3712653 18404532 4865260 1285076 3580184 7326708 6045421 1281287 3574471 853424 2721047 33014251 DEFERRED RENT 207521 CAPITAL LEASE OBLIGATIONS 2493918 2701439 X PART V, LINE 4: THE FUNDS ARE INVESTED FOR THE PURPOSE OF GRANTING ANNUAL ACADEMIC SCHOLARSHIPS TO STUDENTS OF POINT UNIVERSITY IN PERPETUITY AND IN ACCORDANCE WITH DONOR STIPULATIONS. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE COLLEGE QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE UNIVERSITY IS SUBJECT TO FEDERAL INCOME TAX ONLY ON NET UNRELATED BUSINESS INCOME UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY HAS EVALUATED ITS TAX POSITIONS AND DETERMINED IT HAS NO UNCERTAIN TAX POSITIONS AND HAS NOT RECORDED ANY OBLIGATIONS FOR UNRELATED BUSINESS INCOME TAX. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE COLLEGE ISSUES ITS CATALOG AND VIEWBOOKS FOR PUBLIC INSPECTION, BOTH DISCLOSE THE NONDISCRIMINATORY POLICY. THE SCHOOL DRAWS A SUBSTANTIAL PERCENTAGE OF STUDENTS NATIONWIDE AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES GOVERNMENTAL SUPPORT TO AID STUDENTS NEEDING EDUCATIONAL ASSISTANCE. MONIES ARE AWARDED THROUGH THREE FEDERAL PROGRAMS: PELL GRANT, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT, AND THE FEDERAL WORK STUDY. IN ADDITION THE UNIVERSITY RECEIVES STATE SUPPORT FOR STUDENTS NEEDING EDUCATIONAL ASSISTANCE. 1 OTHER SCHOLARSHIPS AND FINANCIAL AID 2647 6318249 STUDENT COVID 19 GRANTS 549 620950 PART I, LINE 2: GRANTS ARE PRIMARILY MONITORED IN THE FINANCIAL AID DEPARTMENT THROUGH THE UTILIZATION OF WRITTEN AND ELECTRONIC DOCUMENTATION. STUDENTS RECEIVING GRANTS AND SCHOLARSHIPS ARE DEEMED WORTHY BY THE COLLEGE'S ASSESSMENT ON THE BASIS OF ACHIEVEMENT AND FINANCIAL NEED. X 1 1 X 0 0 0 0 0 0 0 0 0 DR DEAN C COLLINS PRESIDENT 183776 0 0 0 0 0 5841 0 55794 0 245411 0 0 0 PART I, LINE 1A AN ANNUAL, NONTAXABLE, HOUSING ALLOWANCE OF $34,500 IS PROVIDED TO THE PRESIDENT, WHO IS AN ORDAINED MINISTER. X 2 3786851 PUBLISHED MKT VALUE X 1 360000 EXPERT APPRAISED OPINION 0 0 1 1 FORM 990, PART VI, SECTION B, LINE 11B AS A MATTER OF PROCEDURE, THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE FORM 990. THE EXECUTIVE COMMITTEE PRESENTS A REPORT OF ITS REVIEW TO THE BOARD OF TRUSTEES. A COPY OF THE FORM 990 IS PROVIDED TO THE COLLEGE'S BOARD OF TRUSTEES PRIOR TO SUBMISSION WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REGULARLY DISCUSSED BY THE AUDIT COMMITTEE WITH EVIDENCE OF COMPLIANCE RECORDED IN THE BOARD MEETING MINUTES. IF A CONFLICT WERE TO ARISE, THE PARTY WITH THE CONFLICT WOULD ABSTAIN FROM VOTING ON MATTERS REGARDING THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S COMPENSATION IS REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. COMPARATIVE DATA FROM SIMILAR COLLEGES AND UNIVERSITIES IS OBTAINED ANNUALLY TO ASSIST IN DETERMINING COMPENSATION LEVELS. THIS PROCESS IS DOCUMENTED IN THE BOARD MINUTES UPON COMPENSATION APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 POINT UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. POINT UNIVERSITY GOLF CLUB LLC 2001 COUNTRY CLUB ROAD LANETT AL 36863 473728196 GOLF COURSE AL 310191 8032990 POINT UNIVERSITY POINT UNIVERSITY - FOUNDRY LLC 507 WEST 10TH STREET WEST POINT GA 31833 REAL ESTATE GA 2510426 POINT UNIVERSITY POINT UNIVERSITY PROPERTIES LLC 507 WEST 10TH STREET WEST POINT GA 31833 REAL ESTATE GA 3668448 POINT UNIVERSITY PU PROPERTIES LLC 507 WEST 10TH STREET WEST POINT GA 31833 814900384 REAL ESTATE GA 2300000 POINT UNIVERSITY