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LINDSEY WILSON UNIVERSITY INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
LINDSEY WILSON UNIVERSITY INC (EIN 61-0444763)
Tax period
2019-07-01 to 2020-06-30
Filed
2021-05-27
IRS object ID
202121479349301552
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 ReturnHeader

FieldValueIRS element (for citing)
Return2021-05-27T16:25:31-05:00ReturnTs
Tax Period End2020-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN611191655PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1STROTHMAN & COMPANY PSCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1325 W MAIN ST SUITE 1600AddressLine1Txt
CityLOUISVILLECityNm
State AbbreviationKYStateAbbreviationCd
ZIP402024251ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN610444763EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LINDSEY WILSON COLLEGEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLINDBusinessNameControlTxt
Phone2703848100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1210 LINDSEY WILSON STREETAddressLine1Txt
CityCOLUMBIACityNm
State AbbreviationKYStateAbbreviationCd
ZIP42728ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARK COLEMANPersonNm
Person TitleVP OF ADMIN AND FINANCEPersonTitleTxt
Phone2703848100PhoneNum
Signature2021-05-27SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWILLIAM G MEYER IIIPreparerPersonNm
PTINP00171030PTIN
Phone5025851600PhoneNum
Preparation2021-05-27PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerWILLIAM T LUCKEY JRPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1210 LINDSEY WILSON STREETAddressLine1Txt
CityCOLUMBIACityNm
State AbbreviationKYStateAbbreviationCd
ZIP42728ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$78,477,498GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.LINDSEY.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1952FormationYr
Legal Domicile StateKYLegalDomicileStateCd
Activity Or MissionSEE SCHEDULE O.ActivityOrMissionDesc
Voting Members Governing Body37VotingMembersGoverningBodyCnt
Voting Members Independent20VotingMembersIndependentCnt
Total Employee1123TotalEmployeeCnt
Total Volunteers5TotalVolunteersCnt
Total Gross UBI$507,547TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm-$508,604NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,586,656PYContributionsGrantsAmt
CY Contributions Grants$5,149,921CYContributionsGrantsAmt
PY Program Service Revenue$59,028,687PYProgramServiceRevenueAmt
CY Program Service Revenue$59,839,660CYProgramServiceRevenueAmt
PY Investment Income$989,347PYInvestmentIncomeAmt
CY Investment Income$893,384CYInvestmentIncomeAmt
PY Other Revenue$851,031PYOtherRevenueAmt
CY Other Revenue$698,033CYOtherRevenueAmt
PY Total Revenue$63,455,721PYTotalRevenueAmt
CY Total Revenue$66,580,998CYTotalRevenueAmt
PY Grants And Similar Paid$26,756,891PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$28,726,489CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$23,061,523PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$22,888,159CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$537,162CYTotalFundraisingExpenseAmt
PY Other Expenses$15,077,572PYOtherExpensesAmt
CY Other Expenses$13,013,024CYOtherExpensesAmt
PY Total Expenses$64,895,986PYTotalExpensesAmt
CY Total Expenses$64,627,672CYTotalExpensesAmt
PY Revenues Less Expenses-$1,440,265PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,953,326CYRevenuesLessExpensesAmt
Total Assets BOY$88,407,572TotalAssetsBOYAmt
Total Assets EOY$91,927,117TotalAssetsEOYAmt
Total Liabilities BOY$29,148,712TotalLiabilitiesBOYAmt
Total Liabilities EOY$30,372,114TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$59,258,860NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$61,555,003NetAssetsOrFundBalancesEOYAmt
MissionTHE MISSION OF LINDSEY WILSON COLLEGE IS TO SERVE THE EDUCATIONAL NEEDS OF STUDENTS BY PROVIDING A LIVING-LEARNING ENVIRONMENT WITHIN AN ATMOSPHERE OF ACTIVE CARING AND CHRISTIAN CONCERN WHERE EVERY STUDENT, EVERY DAY, LEARNS AND GROWS AND FEELS LIKE A REAL HUMAN BEING.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$60,157,134ExpenseAmt
Grant$28,726,489GrantAmt
Revenue$60,030,146RevenueAmt
DescHIGHER EDUCATION: 2,629 FULL AND PART TIME STUDENTS ENROLLED IN UNDERGRADUATE AND GRADUATE CLASSES: 586 DEGREES BESTOWED IN THE ACADEMIC YEAR.Desc
Total Program Service Expenses$60,157,134TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan OutstandingYes (1)LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org MemYes (1)BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document56IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee1123EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed OfYes (1)Form8282PropertyDisposedOfInd
Form8282 Filed1Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members37GoverningBodyVotingMembersCnt
Independent Voting Member20IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local ChaptersYes (1)LocalChaptersInd
Policies Reference ChaptersYes (1)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn0AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WILLIAM T LUCKEY JRBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2703848001PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1210 LINDSEY WILSON STREETAddressLine1Txt
CityCOLUMBIACityNm
State AbbreviationKYStateAbbreviationCd
ZIP42728ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (43 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
DR WILLIAM T LUCKEY JR
TRUSTEE AND PRESIDENT40.00Yes (X)Yes (X)$321,719$0$40,376
MR KENDRICK MCCANDLESS
BOARD MEMBER1.00Yes (X)$0$0$0
DR PATRICIA PARRISH
VP FOR ACADEMIC AFFAIRS40.00Yes (X)$144,761$0$14,388
MS DENISE G FUDGE
VP FOR EDUCATIONAL OUTREAC40.00Yes (X)$136,742$0$13,567
DR LENDELL DEAN ADAMS
VP FOR STUDENTS SERVICES40.00Yes (X)$120,875$0$7,514
MR MARK COLEMAN
VP FOR ADMINISTRATION AND40.00Yes (X)$115,613$0$13,028
MR KEVIN THOMPSON
VP FOR DEVELOPMENT40.00Yes (X)$105,278$0$12,371
DR TIMOTHY SMITH
FACULTY REPRESENTATIVE40.00Yes (X)$55,982$0$9,304
DR ALLAN PARNELL
CHAIRMAN1.00Yes (X)$0$0$0
MR BJ BURNETT
BOARD MEMBER1.00Yes (X)$0$0$0
MRS CARRIE L FARRIS
BOARD MEMBER1.00Yes (X)$0$0$0
MR JAMES R FUGITTE
BOARD MEMBER1.00Yes (X)$0$0$0
DR JOHN HATTON
BOARD MEMBER1.00Yes (X)$0$0$0
MR S ODEN HOWELL JR
BOARD MEMBER1.00Yes (X)$0$0$0
MS LINDA KING
BOARD MEMBER1.00Yes (X)$0$0$0
DR TODD B LOVE
BOARD MEMBER1.00Yes (X)$0$0$0
MRS AMANDA G MAIN
BOARD MEMBER1.00Yes (X)$0$0$0
MR CECIL MARTIN
BOARD MEMBER1.00Yes (X)$0$0$0
DR CLARENDA PHILLIPS
BOARD MEMBER1.00Yes (X)$0$0$0
MR DANNY PYLES
BOARD MEMBER1.00Yes (X)$0$0$0
MR RAYMOND SMITH
BOARD MEMBER1.00Yes (X)$0$0$0
MR JOSEPH SPARKS
BOARD MEMBER1.00Yes (X)$0$0$0
MR DAN ANTLE
BOARD MEMBER1.00Yes (X)$0$0$0
MR THOMAS F CONWAY
BOARD MEMBER1.00Yes (X)$0$0$0
MR CHRISTOPHER ESTES
BOARD MEMBER1.00Yes (X)$0$0$0
MR C CLEVELAND GAMBILL
BOARD MEMBER1.00Yes (X)$0$0$0
DR ROBERT GOODIN
BOARD MEMBER1.00Yes (X)$0$0$0
DR BRUCE HARRIS
BOARD MEMBER1.00Yes (X)$0$0$0
DR CAROL MARRA
BOARD MEMBER1.00Yes (X)$0$0$0
MR ANDREW SKIPPER MARTIN
BOARD MEMBER1.00Yes (X)$0$0$0
DR JERRY MCCANDLESS
BOARD MEMBER1.00Yes (X)$0$0$0
MR TROY MIZELL
BOARD MEMBER1.00Yes (X)$0$0$0
MR DAVID PERRY
BOARD MEMBER1.00Yes (X)$0$0$0
DR JAMES J PIKE
BOARD MEMBER1.00Yes (X)$0$0$0
MR DANNY RIGNEY
BOARD MEMBER1.00Yes (X)$0$0$0
DR JAMES L ROGERS III
BOARD MEMBER1.00Yes (X)$0$0$0
MR BRIAN J SHIRELY
BOARD MEMBER1.00Yes (X)$0$0$0
DR SUE CRAVENS STIVERS
BOARD MEMBER1.00Yes (X)$0$0$0
DR CAL TURNER JR
BOARD MEMBER1.00Yes (X)$0$0$0
MS KAYLIE BUTLER
SGA REPRESENTATIVE1.00Yes (X)$0$0$0
REV MARK DICKINSON
BOARD MEMBER1.00Yes (X)$0$0$0
MR LEONARD FAIRLEY
BOARD MEMBER1.00Yes (X)$0$0$0
DR JOHN BEGLEY
BOARD MEMBER1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,000,970TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$110,548TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K6IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
SYSCO
PO BOX 32470LOUISVILLEKY40232FOOD SERVICE$675,112
ELLUCIAN COMPANY LP
62578 COLLECTIONS CENTER DRCHICAGOIL60693TECHNOLOGY$227,451
CENGAGE LEARNING
PO BOX 936754ATLANTAGA31193DIGITAL LEARNING SOLUTIONS$146,095
BSN SPORTS
PO BOX 660176DALLASTX75266ATHLETIC EQUIPMENT$136,549
DON FRANKLIN FORD MERCURY
PO BOX 669COLUMBIAKY42728VEHICLES$110,855
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
Government Grants$1,552,454GovernmentGrantsAmt
All Other Contributions$3,597,467AllOtherContributionsAmt
Noncash Contributions$463,432NoncashContributionsAmt
Total Contributions$5,149,921TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
TUITION AND FEES611310$48,809,844$48,809,844
ROOM AND BOARD611310$9,170,418$9,170,418
BOOK STORE AND ANCILLARY SERVICES611310$1,859,398$1,351,851$507,547
FieldValueIRS element (for citing)
Total Program Service Revenue$59,839,660TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$695,278TotalRevenueColumnAmt
Exclusion$695,278ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$12,089,906SecuritiesAmt
Other$4,700OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$11,896,500SecuritiesAmt
Other$0OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$193,406SecuritiesAmt
Other$4,700OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$198,106TotalRevenueColumnAmt
Exclusion$198,106ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
OTHER REVENUE611310$535,479$535,479
RECOVERY OF BAD DEBT900099$162,554$162,554
FieldValueIRS element (for citing)
Other Revenue Total$698,033OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$66,580,998TotalRevenueColumnAmt
Related Or Exempt Func Income$60,030,146RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$507,547UnrelatedBusinessRevenueAmt
Exclusion$893,384ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$28,726,489TotalAmt
Program Services$28,726,489ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$362,096TotalAmt
Management And General$362,096ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$17,985,693TotalAmt
Program Services$16,474,573ProgramServicesAmt
Management And General$1,189,067ManagementAndGeneralAmt
Fundraising$322,053FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$596,344TotalAmt
Program Services$558,647ProgramServicesAmt
Management And General$23,147ManagementAndGeneralAmt
Fundraising$14,550FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$2,657,673TotalAmt
Program Services$2,440,175ProgramServicesAmt
Management And General$174,459ManagementAndGeneralAmt
Fundraising$43,039FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$1,286,353TotalAmt
Program Services$1,181,871ProgramServicesAmt
Management And General$81,320ManagementAndGeneralAmt
Fundraising$23,162FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,000TotalAmt
Management And General$1,000ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$63,097TotalAmt
Management And General$63,097ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$119,999TotalAmt
Management And General$119,999ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$304,164TotalAmt
Program Services$244,913ProgramServicesAmt
Management And General$4,091ManagementAndGeneralAmt
Fundraising$55,160FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$365,965TotalAmt
Program Services$344,881ProgramServicesAmt
Management And General$19,002ManagementAndGeneralAmt
Fundraising$2,082FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$374,039TotalAmt
Program Services$87,419ProgramServicesAmt
Management And General$286,620ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,851,193TotalAmt
Program Services$1,821,237ProgramServicesAmt
Management And General$29,956ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,290,696TotalAmt
Program Services$1,216,711ProgramServicesAmt
Management And General$61,766ManagementAndGeneralAmt
Fundraising$12,219FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$3,894TotalAmt
Program Services$3,894ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$974,321TotalAmt
Program Services$911,580ProgramServicesAmt
Management And General$62,741ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$2,299,037TotalAmt
Program Services$2,253,056ProgramServicesAmt
Management And General$41,909ManagementAndGeneralAmt
Fundraising$4,072FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$648,484TotalAmt
Program Services$376,177ProgramServicesAmt
Management And General$272,307ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
OTHER MISC$2,511,569$1,695,362$755,382$60,825
SUPPLIES$851,998$851,998
FOOD SERVICE$843,654$843,654
BAD DEBT$351,918$351,918

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$157,996TotalAmt
Program Services$124,497ProgramServicesAmt
Management And General$33,499ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$64,627,672TotalAmt
Program Services$60,157,134ProgramServicesAmt
Management And General$3,933,376ManagementAndGeneralAmt
Fundraising$537,162FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,020,772BOYAmt
EOY$9,132,071EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$209,859BOYAmt
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,831,534BOYAmt
EOY$926,679EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$546,565BOYAmt
EOY$639,623EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$371,459BOYAmt
EOY$342,609EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$161,588BOYAmt
EOY$145,404EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$94,414,339LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$43,586,467LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$52,629,280BOYAmt
EOY$50,827,872EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$27,320,756BOYAmt
EOY$27,781,957EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$1,712,759BOYAmt
EOY$2,040,214EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$603,000BOYAmt
EOY$90,688EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$88,407,572BOYAmt
EOY$91,927,117EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,681,359BOYAmt
EOY$1,701,323EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$2,016,563BOYAmt
EOY$2,712,672EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$22,155,195BOYAmt
EOY$20,996,591EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$2,600,000BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$695,595BOYAmt
EOY$4,961,528EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$29,148,712BOYAmt
EOY$30,372,114EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$35,385,170BOYAmt
EOY$36,749,044EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$23,873,690BOYAmt
EOY$24,805,959EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$59,258,860BOYAmt
EOY$61,555,003EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$88,407,572BOYAmt
EOY$91,927,117EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$1,953,326ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$304,180NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$38,637OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$27,613,291BeginningYearBalanceAmt
Contributions$499,423ContributionsAmt
Investment Earnings Or Losses$1,012,537InvestmentEarningsOrLossesAmt
Other Expenditures$1,143,233OtherExpendituresAmt
End Year Balance$27,982,018EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$25,849,431BeginningYearBalanceAmt
Contributions$412,957ContributionsAmt
Investment Earnings Or Losses$2,528,883InvestmentEarningsOrLossesAmt
Other Expenditures$1,177,980OtherExpendituresAmt
End Year Balance$27,613,291EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$24,272,687BeginningYearBalanceAmt
Contributions$378,235ContributionsAmt
Investment Earnings Or Losses$1,991,583InvestmentEarningsOrLossesAmt
Other Expenditures$793,074OtherExpendituresAmt
End Year Balance$25,849,431EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$21,534,198BeginningYearBalanceAmt
Contributions$561,798ContributionsAmt
Investment Earnings Or Losses$2,911,746InvestmentEarningsOrLossesAmt
Other Expenditures$735,055OtherExpendituresAmt
End Year Balance$24,272,687EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$21,921,011BeginningYearBalanceAmt
Contributions$242,526ContributionsAmt
Investment Earnings Or Losses$35,272InvestmentEarningsOrLossesAmt
Other Expenditures$664,611OtherExpendituresAmt
End Year Balance$21,534,198EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.19860BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.49660PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.30480TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (1)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$7,792,806OtherCostOrOtherBasisAmt
Book Value$7,792,806BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$71,012,036OtherCostOrOtherBasisAmt
Depreciation$36,129,848DepreciationAmt
Book Value$34,882,188BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$21,985OtherCostOrOtherBasisAmt
Book Value$21,985BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$15,587,512OtherCostOrOtherBasisAmt
Depreciation$7,456,619DepreciationAmt
Book Value$8,130,893BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$50,827,872TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
ANNUITIES PAYABLE$129,548
OTHER LIABILITIES$378,024
ADVANCES FROM FEDERAL GOVERNMENT FOR STUDENT LOANS$252,356
PPP LOAN$4,201,600
FieldValueIRS element (for citing)
Total Liability$4,961,528TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$38,853,127TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$304,180NetUnrealizedGainsInvstAmt
Other Revenue$38,637OtherRevenueAmt
Revenue Not Reported$342,817RevenueNotReportedAmt
Revenue Subtotal$38,510,310RevenueSubtotalAmt
Investment Expenses Not Incld$119,999InvestmentExpensesNotIncldAmt
Other Revenues Not Included$27,950,689OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$28,070,688RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$66,580,998TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$36,556,984TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$36,556,984ExpensesSubtotalAmt
Investment Expenses Not Incld2$119,999InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$27,950,689OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$28,070,688ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$64,627,672TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE COLLEGE IS A NONPROFIT ORGANIZATIONS AS DEFINED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND ARE EXEMPT FROM FEDERAL AND STATE INCOME TAXES. NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE COLLEGE HAS HAD UNRELATED BUSINESS REVENUES, BUT NO NET PROFIT WAS DERIVED FOR THE YEARS ENDED JUNE 30, 2020 AND 2019.
PART XI, LINE 2D - OTHER ADJUSTMENTS:CHANGE IN VALUE OF INTEREST IN BENEFICIAL TRUST HELD BY OTHERS 38,637.
PART XI, LINE 4B - OTHER ADJUSTMENTS:SCHOLARSHIPS GRANTED 27,950,689.
PART XII, LINE 4B - OTHER ADJUSTMENTS:SCHOLARSHIPS GRANTED 27,950,689.
SCHEDULE D, PART V, LINE 4FUNDS PROVIDED BY THE COLLEGE FOR STUDENT ACADEMIC AND ATHLETIC SCHOLARSHIPS.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media0PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3THE NON-DISCRIMINATION POLICY IS REFERENCED IN PRINT MATERIALS FROM ADMISSIONS AND IN THE COLLEGE CATALOG WHICH IS AVAILABLE ON THE COLLEGE WEBSITE.
SCHEDULE E, PART I, LINE 6LINDSEY WILSON COLLEGE RECEIVES FEDERAL STUDENT AID FUNDS FROM THE TITLE IV PROGRAM (PELL GRANTS, SEOG, DIRECT LOANS AND FEDERAL WORK STUDY), THE DEPARTMENT OF VETERAN AFFAIRS (VOC REHAB, POST 9/11), AMERICORPS, DEPARTMENT OF LABOR (WIA DISLOCATED WORKERS), AND STATE VOC REHAB. IN 2020, FOR RELIEF FROM THE EFFECTS OF COVID-19, LINDSEY WILSON COLLEGE RECEIVED EDUCATION STABILIZATION FUNDS UNDER THE CARES ACT.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtValuation Method UsedValuationMethodUsedDesc
TUITION ASSISTANCE1644$27,950,689CASH VALUE
AID TO STUDENTS UNDER THE CARES ACT1246$775,800CASH VALUE

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE COLLEGE RECONCILES GRANTS AWARDED AND DRAWDOWNS OF FUNDS. GRANT PROGRAMS ARE AUDITED BY INDEPENDENT AUDITORS DURING THE ANNUAL INDEPENDENT AUDIT.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsYes (X)TravelForCompanionsInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
DR WILLIAM T LUCKEY JR
TRUSTEE AND PRESIDENT$321,519$0$200$0$0$0$24,859$0$15,517$0$362,095$0$0$0
DR PATRICIA PARRISH
VP FOR ACADEMIC AFFAIRS$144,561$0$200$0$0$0$8,088$0$6,300$0$159,149$0$0$0
MS DENISE G FUDGE
VP FOR EDUCATIONAL OUTREAC$136,542$0$200$0$0$0$7,274$0$6,293$0$150,309$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 1AFormAndLineReferenceDesc
ExplanationTHE PRESIDENT IS REQUIRED TO LIVE ON CAMPUS AND THEREFORE RESIDES IN A HOME PROVIDED FOR HIM. THE HOUSE IS MAINTAINED BY COLLEGE STAFF.ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
COUNTY OF ADAIR SERIES 2011
A2011-12-01$9,680,000ACQUISITION OF LAND AND PROPERTY000
CITY OF COLUMBIA SERIES 2019
B2019-06-27$15,509,977PROVIDE FUNDS TO REFUND A PRIOR ISSUE000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtTotal ProceedsTotalProceedsAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndRefunding EscrowRefundingEscrowAmt
A$3,020,000$9,680,000$280,000$9,400,00000Yes (1)Yes (1)
B$1,369,977$15,509,977$310,740Yes (1)0Yes (1)Yes (1)$15,199,237

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A0000000
B0000000

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A000000000
B000000000

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
A0
B0

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

FieldValueIRS element (for citing)
PersonWILLIAM T LUCKEY JRPersonNm
Relationship With OrgPRESIDENTRelationshipWithOrgTxt
Loan PurposeSUPPLEMENTAL BENEFIT PLANLoanPurposeTxt
Loan From OrganizationYes (X)LoanFromOrganizationInd
Original Principal$487,937OriginalPrincipalAmt
Balance Due$639,623BalanceDueAmt
Default0DefaultInd
Board Or Committee ApprovalYes (1)BoardOrCommitteeApprovalInd
Written AgreementYes (1)WrittenAgreementInd
FieldValueIRS element (for citing)
Total Balance Due$639,623TotalBalanceDueAmt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JOHN BEGLEYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Relationship DescriptionCHANCELLORRelationshipDescriptionTxt
Transaction$24,750TransactionAmt
TransactionLEASE OF APARTMENTTransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule M IRS990ScheduleM

Clothing And Household Goods ClothingAndHouseholdGoodsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Noncash Contributions Rpt F990$3,208NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution7ContributionCnt
Noncash Contributions Rpt F990$344,644NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt

Real Estate Residential RealEstateResidentialGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$54,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt

Food Inventory FoodInventoryGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$580NoncashContributionsRptF990Amt
Method Of Determining RevenuesCOSTMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received1Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:THE MISSION OF LINDSEY WILSON COLLEGE IS TO SERVE THE EDUCATIONAL NEEDS OF STUDENTS BY PROVIDING A LIVING-LEARNING ENVIRONMENT WITHIN AN ATMOSPHERE OF ACTIVE CARING AND CHRISTIAN CONCERN WHERE EVERY STUDENT, EVERY DAY, LEARNS AND GROWS AND FEELS LIKE A REAL HUMAN BEING.
FORM 990, PART VI, SECTION B, LINE 11BTHE 990 IS REVIEWED BY THE VICE PRESIDENT FOR ADMINISTRATION AND FINANCE BEFORE IT IS FILED.
FORM 990, PART VI, SECTION B, LINE 12CBOARD BYLAWS REQUIRE THAT TRUSTEES DISCLOSE ANY POSSIBLE CONFLICT OF INTEREST AND THAT SUCH TRUSTEE SHALL NOT VOTE ON ANY MATTER WHERE THERE IS A POTENTIAL CONFLICT OF INTEREST. IF UNCERTAINTY EXISTS ABOUT WHETHER A TRUSTEE HAS A POTENTIAL CONFLICT, THE BOARD OR COMMITTEE SHALL RESOLVE THE QUESTION BY A MAJORITY VOTE. COLLEGE POLICY REQUIRES EMPLOYEES TO DISCLOSE CONFLICTS OF INTEREST TO THE PRESIDENT OR VICE PRESIDENT FOR ADMINISTRATION AND FINANCE AND AS NEEDED WILL BE REPORTED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENT ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XI, LINE 9:CHANGE IN VALUE OF BENEFICIAL INTEREST IN TRUST HELD BY THIRD PARTY 38,637.
FORM 990, PART XII, LINE 2C:THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1TURNER FOUNDATION FOR LINDSEY WILSON COLLEGE INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1210 LINDSEY WILSON STREETAddressLine1Txt
CityCOLUMBIACityNm
State AbbreviationKYStateAbbreviationCd
ZIP42728ZIPCd
FieldValueIRS element (for citing)
EIN621495937EIN
Primary ActivitiesFINANCIAL SUPPORT FOR LINDSEY WILSON COLLEGEPrimaryActivitiesTxt
Legal Domicile StateKYLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 12A, IPublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1LINDSEY WILSON COLLEGE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Reasonable Cause Explanation ReasonableCauseExplanation

FieldValueIRS element (for citing)
ExplanationRETURN WAS TRANSMITTED TIMELY ON THE MAY 17, 2021. IT REJECTED AND WE CONTACTED THE HELP DESK SEVERAL TIMES FOR ASSISTANCE. WE TRIED TO TRANSMIT AGAIN ON MAY 26, 2021 AND THE RETURN REJECTED AGAIN. WE RECEIVED A CALL BACK ON MAY 27, 2021 AND TRANSMITTED THE RETURN AS SOON AS WE WERE ABLE TO.ExplanationTxt