2021-05-27T16:25:31-05:00 2020-06-30 611191655 STROTHMAN & COMPANY PSC 325 W MAIN ST SUITE 1600 LOUISVILLE KY 402024251 990 2019-07-01 610444763 LINDSEY WILSON COLLEGE LIND 2703848100 210 LINDSEY WILSON STREET COLUMBIA KY 42728 MARK COLEMAN VP OF ADMIN AND FINANCE 2703848100 2021-05-27 1 WILLIAM G MEYER III P00171030 5025851600 2021-05-27 2019 2022-09-23 18:48:47Z WILLIAM T LUCKEY JR 210 LINDSEY WILSON STREET COLUMBIA KY 42728 78477498 0 X WWW.LINDSEY.EDU X 1952 KY SEE SCHEDULE O. 37 20 1123 5 507547 -508604 2586656 5149921 59028687 59839660 989347 893384 851031 698033 63455721 66580998 26756891 28726489 0 0 23061523 22888159 0 0 537162 15077572 13013024 64895986 64627672 -1440265 1953326 88407572 91927117 29148712 30372114 59258860 61555003 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. 0 0 60157134 28726489 60030146 HIGHER EDUCATION: 2,629 FULL AND PART TIME STUDENTS ENROLLED IN UNDERGRADUATE AND GRADUATE CLASSES: 586 DEGREES BESTOWED IN THE ACADEMIC YEAR. 60157134 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 1 0 0 0 0 0 1 0 1 0 0 1 0 0 0 0 1 1 0 0 0 1 56 0 1 1123 1 1 1 0 0 0 0 1 1 1 1 0 0 0 0 0 X 37 20 0 0 0 0 0 0 0 1 1 0 1 1 0 1 0 1 1 1 0 0 0 KY X WILLIAM T LUCKEY JR 2703848001 210 LINDSEY WILSON STREET COLUMBIA KY 42728 DR WILLIAM T LUCKEY JR TRUSTEE AND PRESIDENT 40.00 X X 321719 0 40376 MR KENDRICK MCCANDLESS BOARD MEMBER 1.00 X 0 0 0 DR PATRICIA PARRISH VP FOR ACADEMIC AFFAIRS 40.00 X 144761 0 14388 MS DENISE G FUDGE VP FOR EDUCATIONAL OUTREAC 40.00 X 136742 0 13567 DR LENDELL DEAN ADAMS VP FOR STUDENTS SERVICES 40.00 X 120875 0 7514 MR MARK COLEMAN VP FOR ADMINISTRATION AND 40.00 X 115613 0 13028 MR KEVIN THOMPSON VP FOR DEVELOPMENT 40.00 X 105278 0 12371 DR TIMOTHY SMITH FACULTY REPRESENTATIVE 40.00 X 55982 0 9304 DR ALLAN PARNELL CHAIRMAN 1.00 X 0 0 0 MR BJ BURNETT BOARD MEMBER 1.00 X 0 0 0 MRS CARRIE L FARRIS BOARD MEMBER 1.00 X 0 0 0 MR JAMES R FUGITTE BOARD MEMBER 1.00 X 0 0 0 DR JOHN HATTON BOARD MEMBER 1.00 X 0 0 0 MR S ODEN HOWELL JR BOARD MEMBER 1.00 X 0 0 0 MS LINDA KING BOARD MEMBER 1.00 X 0 0 0 DR TODD B LOVE BOARD MEMBER 1.00 X 0 0 0 MRS AMANDA G MAIN BOARD MEMBER 1.00 X 0 0 0 MR CECIL MARTIN BOARD MEMBER 1.00 X 0 0 0 DR CLARENDA PHILLIPS BOARD MEMBER 1.00 X 0 0 0 MR DANNY PYLES BOARD MEMBER 1.00 X 0 0 0 MR RAYMOND SMITH BOARD MEMBER 1.00 X 0 0 0 MR JOSEPH SPARKS BOARD MEMBER 1.00 X 0 0 0 MR DAN ANTLE BOARD MEMBER 1.00 X 0 0 0 MR THOMAS F CONWAY BOARD MEMBER 1.00 X 0 0 0 MR CHRISTOPHER ESTES BOARD MEMBER 1.00 X 0 0 0 MR C CLEVELAND GAMBILL BOARD MEMBER 1.00 X 0 0 0 DR ROBERT GOODIN BOARD MEMBER 1.00 X 0 0 0 DR BRUCE HARRIS BOARD MEMBER 1.00 X 0 0 0 DR CAROL MARRA BOARD MEMBER 1.00 X 0 0 0 MR ANDREW SKIPPER MARTIN BOARD MEMBER 1.00 X 0 0 0 DR JERRY MCCANDLESS BOARD MEMBER 1.00 X 0 0 0 MR TROY MIZELL BOARD MEMBER 1.00 X 0 0 0 MR DAVID PERRY BOARD MEMBER 1.00 X 0 0 0 DR JAMES J PIKE BOARD MEMBER 1.00 X 0 0 0 MR DANNY RIGNEY BOARD MEMBER 1.00 X 0 0 0 DR JAMES L ROGERS III BOARD MEMBER 1.00 X 0 0 0 MR BRIAN J SHIRELY BOARD MEMBER 1.00 X 0 0 0 DR SUE CRAVENS STIVERS BOARD MEMBER 1.00 X 0 0 0 DR CAL TURNER JR BOARD MEMBER 1.00 X 0 0 0 MS KAYLIE BUTLER SGA REPRESENTATIVE 1.00 X 0 0 0 REV MARK DICKINSON BOARD MEMBER 1.00 X 0 0 0 MR LEONARD FAIRLEY BOARD MEMBER 1.00 X 0 0 0 DR JOHN BEGLEY BOARD MEMBER 1.00 X 0 0 0 1000970 0 110548 6 0 1 0 SYSCO PO BOX 32470 LOUISVILLE KY 40232 FOOD SERVICE 675112 ELLUCIAN COMPANY LP 62578 COLLECTIONS CENTER DR CHICAGO IL 60693 TECHNOLOGY 227451 CENGAGE LEARNING PO BOX 936754 ATLANTA GA 31193 DIGITAL LEARNING SOLUTIONS 146095 BSN SPORTS PO BOX 660176 DALLAS TX 75266 ATHLETIC EQUIPMENT 136549 DON FRANKLIN FORD MERCURY PO BOX 669 COLUMBIA KY 42728 VEHICLES 110855 5 1552454 3597467 463432 5149921 TUITION AND FEES 611310 48809844 48809844 ROOM AND BOARD 611310 9170418 9170418 BOOK STORE AND ANCILLARY SERVICES 611310 1859398 1351851 507547 59839660 695278 695278 12089906 4700 11896500 0 193406 4700 198106 198106 OTHER REVENUE 611310 535479 535479 RECOVERY OF BAD DEBT 900099 162554 162554 698033 66580998 60030146 507547 893384 28726489 28726489 362096 362096 17985693 16474573 1189067 322053 596344 558647 23147 14550 2657673 2440175 174459 43039 1286353 1181871 81320 23162 1000 1000 63097 63097 119999 119999 304164 244913 4091 55160 365965 344881 19002 2082 374039 87419 286620 1851193 1821237 29956 1290696 1216711 61766 12219 3894 3894 974321 911580 62741 2299037 2253056 41909 4072 648484 376177 272307 OTHER MISC 2511569 1695362 755382 60825 SUPPLIES 851998 851998 FOOD SERVICE 843654 843654 BAD DEBT 351918 351918 157996 124497 33499 64627672 60157134 3933376 537162 3020772 9132071 0 209859 0 1831534 926679 546565 639623 371459 342609 161588 145404 94414339 43586467 52629280 50827872 27320756 27781957 1712759 2040214 603000 90688 88407572 91927117 1681359 1701323 2016563 2712672 22155195 20996591 2600000 0 695595 4961528 29148712 30372114 X 35385170 36749044 23873690 24805959 59258860 61555003 88407572 91927117 X 1953326 304180 38637 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 27613291 499423 1012537 1143233 27982018 25849431 412957 2528883 1177980 27613291 24272687 378235 1991583 793074 25849431 21534198 561798 2911746 735055 24272687 21921011 242526 35272 664611 21534198 0.19860 0.49660 0.30480 1 0 7792806 7792806 71012036 36129848 34882188 21985 21985 15587512 7456619 8130893 50827872 ANNUITIES PAYABLE 129548 OTHER LIABILITIES 378024 ADVANCES FROM FEDERAL GOVERNMENT FOR STUDENT LOANS 252356 PPP LOAN 4201600 4961528 X 38853127 304180 38637 342817 38510310 119999 27950689 28070688 66580998 36556984 0 36556984 119999 27950689 28070688 64627672 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 4 FUNDS PROVIDED BY THE COLLEGE FOR STUDENT ACADEMIC AND ATHLETIC SCHOLARSHIPS. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE 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 6 LINDSEY 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. 1 TUITION ASSISTANCE 1644 27950689 CASH VALUE AID TO STUDENTS UNDER THE CARES ACT 1246 775800 CASH VALUE PART I, LINE 2: THE COLLEGE RECONCILES GRANTS AWARDED AND DRAWDOWNS OF FUNDS. GRANT PROGRAMS ARE AUDITED BY INDEPENDENT AUDITORS DURING THE ANNUAL INDEPENDENT AUDIT. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 DR WILLIAM T LUCKEY JR TRUSTEE AND PRESIDENT 321519 0 200 0 0 0 24859 0 15517 0 362095 0 0 0 DR PATRICIA PARRISH VP FOR ACADEMIC AFFAIRS 144561 0 200 0 0 0 8088 0 6300 0 159149 0 0 0 MS DENISE G FUDGE VP FOR EDUCATIONAL OUTREAC 136542 0 200 0 0 0 7274 0 6293 0 150309 0 0 0 PART I, LINE 1A THE PRESIDENT IS REQUIRED TO LIVE ON CAMPUS AND THEREFORE RESIDES IN A HOME PROVIDED FOR HIM. THE HOUSE IS MAINTAINED BY COLLEGE STAFF. A COUNTY OF ADAIR SERIES 2011 2011-12-01 9680000 ACQUISITION OF LAND AND PROPERTY 0 0 0 B CITY OF COLUMBIA SERIES 2019 2019-06-27 15509977 PROVIDE FUNDS TO REFUND A PRIOR ISSUE 0 0 0 A 3020000 9680000 280000 9400000 0 0 1 1 B 1369977 15509977 15199237 310740 1 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 A 0 B 0 WILLIAM T LUCKEY JR PRESIDENT SUPPLEMENTAL BENEFIT PLAN X 487937 639623 0 1 1 639623 JOHN BEGLEY CHANCELLOR 24750 LEASE OF APARTMENT 0 X 3208 FAIR MARKET VALUE X 7 344644 FAIR MARKET VALUE X 1 54000 FAIR MARKET VALUE X 1 580 COST 1 0 0 0 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 11B THE 990 IS REVIEWED BY THE VICE PRESIDENT FOR ADMINISTRATION AND FINANCE BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C BOARD 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 19 THE 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. TURNER FOUNDATION FOR LINDSEY WILSON COLLEGE INC 210 LINDSEY WILSON STREET COLUMBIA KY 42728 621495937 FINANCIAL SUPPORT FOR LINDSEY WILSON COLLEGE KY 501(C)(3) LINE 12A, I LINDSEY WILSON COLLEGE INC 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 RETURN 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.