2020-11-20T09:46:03-06:00 2020-06-30 541149263 YOUNT HYDE & BARBOUR PC PO BOX 2560 WINCHESTER VA 226041760 990 2019-07-01 541919810 PATRICK HENRY COLLEGE PATR 5404418000 10 PATRICK HENRY CIR PURCELLVILLE VA 201323198 N DARYL WOLKING VP OF FINANCE AND ADMINISTRATION 5404418000 2020-11-19 1 OLIVIA A HUTTON CPA P00964688 5406623417 2020-11-13 2019 2022-09-23 18:48:47Z N DARYL WOLKING TEN PATRICK HENRY CIRCLE PURCELLVILLE VA 20132 16165980 0 X WWW.PHC.EDU X 1998 VA THE MISSION OF PATRICK HENRY COLLEGE IS TO PREPARE CHRISTIAN MEN AND WOMEN WHO WILL LEAD OUR NATION AND SHAPE OUR CULTURE WITH TIMELESS BIBLICAL VALUES AND FIDELITY TO THE SPIRIT OF THE AMERICAN FOUNDING. EDUCATING STUDENTS ACCORDING TO A CLASSICAL LIBERAL ARTS CURRICULUM AND TRAINING THEM WITH APPRENTICESHIP METHODOLOGY, THE COLLEGE PROVIDES ACADEMICALLY EXCELLENT BACCALAUREATE LEVEL HIGHER EDUCATION WITH A BIBLICAL WORLDVIEW.THE VISION OF PATRICK HENRY COLLEGE IS TO AID IN THE TRANSFORMATION OF AMERICAN SOCIETY BY TRAINING CHRISTIAN STUDENTS TO SERVE GOD AND MANKIND WITH A PASSION FOR RIGHTEOUSNESS, JUSTICE, AND MERCY, THROUGH CAREERS OF PUBLIC SERVICE AND CULTURAL INFLUENCE. 17 16 333 0 0 0 6190302 5047353 9869118 9982467 358044 284375 565350 512102 16982814 15826297 3526491 3712841 0 0 7255304 6732100 0 0 636894 6003761 5201474 16785556 15646415 197258 179882 45791831 41752119 7468000 3248406 38323831 38503713 SEE SCHEDULE O 0 0 13920971 3712841 10374576 THE COLLEGE HAS BEEN GRANTED ACCREDITED STATUS FROM THE TRANSNATIONAL ASSOCIATION OF CHRISTIAN COLLEGES (TRACS). THE COLLEGE HAS BEEN AWARDED THE AUTHORITY TO GRANT DEGREES BY THE STATE COUNCIL OF HIGHER EDUCATION OF VIRGINIA (SCHEV). TOTAL DEGREE SEEKING STUDENT POPULATION: 290. TOTAL STUDENTS WHO HAVE GRADUATED: 980. 13920971 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 1 0 0 0 0 1 1 0 0 0 1 45 0 1 333 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 16 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CO HI KY MD MN MS NH NY OR SC VA WI AK NV WA X N DARYL WOLKING 5404418002 10 PATRICK HENRY CIR PURCELLVILLE VA 201323198 JACK HAYE PRESIDENT 40.00 1.00 X X 226589 0 21731 MIKE WRIGHT CHAIRMAN OF THE BOARD 1.00 X X 0 0 0 GEORGE W CLAY VICE CHAIRMAN OF THE BOARD 1.00 1.00 X X 0 0 0 MICHAEL P FARRIS CHANCELLOR EMERITUS 1.00 X X 0 0 0 TERRY TEMPLETON TRUSTEE 1.00 X 0 0 0 J VICTOR THOMPSON TRUSTEE 1.00 1.00 X 0 0 0 RAMON ARDIZZONE TRUSTEE 1.00 X 0 0 0 MARIAN FREELAND TRUSTEE 1.00 X 0 0 0 JAMES LEININGER TRUSTEE 1.00 X 0 0 0 RUSSELL PULLIAM TRUSTEE 1.00 X 0 0 0 DAVID SHANAHAN TRUSTEE 1.00 X 0 0 0 J MICHAEL SMITH TRUSTEE 1.00 X 0 0 0 GARY DOWNING TRUSTEE 1.00 X 0 0 0 COLIN STEWART TRUSTEE 1.00 X 0 0 0 FRANK WOLF TRUSTEE 1.00 X 0 0 0 PAUL DE PREE TRUSTEE 1.00 X 0 0 0 GENE EDWARD VEITH TRUSTEE 1.00 X 0 0 0 N DARYL WOLKING TREASURER & VP OF FINANCE 40.00 1.00 X 134988 0 29367 RODNEY SHOWALTER SECRETARY & VP OF INSTITUT 40.00 1.00 X 105909 0 21731 HOWARD SCHMIDT EXECUTIVE VICE PRESIDENT 40.00 1.00 X 17044 0 22482 THOMAS ZIEMNICK VP FOR ADVANCEMENT 40.00 X 136078 0 28812 MARK MITCHELL DEAN OF ACADEMIC AFFAIRS 40.00 X 114044 0 27021 734652 0 151144 5 0 1 0 BON APPETIT 91337 COLLECTIONS DRIVE CHICAGO IL 60693 FOOD SERVICE 1189391 1 1069132 3978221 234723 5047353 TUITION AND FEES 611600 7820822 7820822 ROOM AND BOARD 721310 1987856 1987856 SUMMER CAMPS 900099 173789 173789 9982467 286344 286344 119993 0 119993 119993 119993 232837 234806 -1969 -1969 -1969 124809 104877 19932 19932 OTHER 611710 266801 266801 MANAGEMENT FEE - HSLDA 561000 105376 105376 372177 15826297 10374576 0 404368 X 3712841 3712841 931516 599275 148247 183994 4319248 3932770 258631 127847 86308 53424 27403 5481 1040963 755635 235412 49916 354065 308241 27672 18152 49269 29562 2463 17244 31920 28728 3192 118356 95975 9949 12432 95211 38585 15330 41296 88135 53260 8586 26289 382446 288992 75053 18401 1194356 1050346 117317 26693 256102 234649 7903 13550 86686 78017 8669 924697 816963 101148 6586 FOOD SERVICE 1041072 1041072 0 0 STUDENT EXPENSES 192843 191349 1494 0 LIBRARY SUPPLIES 167004 167004 0 0 DUES, SUBSCRIPTIONS & A 131034 104476 10086 16472 442343 339807 29995 72541 15646415 13920971 1088550 636894 1505 1485 4417041 2216961 780136 686073 4212599 3189668 292344 292344 104809 84239 45275 70408 49756070 14712708 35770543 35043362 167579 167579 45791831 41752119 547899 695527 449592 529211 6470509 2023668 7468000 3248406 X 37021164 37232476 1302667 1271237 38323831 38503713 45791831 41752119 179882 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4117244 4117244 38143264 10190296 27952968 6923470 4522412 2401058 572092 572092 35043362 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THIS INFORMATION IS IN THE COLLEGE CATALOG AND ON THE COLLEGE'S WEB SITE. 1 VARIOUS EDUCATIONAL SCHOLARSHIPS 282 3712841 PART I, LINE 2: ALL STUDENTS RECEIVING SCHOLARSHIPS ARE DETERIMINED BY THE COLLEGE'S ASSESSMENT ON THE BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED, OR OTHER CRITERIA ESTABLISHED BY THE DONOR OR INSTITUTION. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 JACK HAYE PRESIDENT 226589 0 0 0 0 0 0 0 21731 0 248320 0 0 0 N DARYL WOLKING TREASURER & VP OF FINANCE 134988 0 0 0 0 0 5686 0 23681 0 164355 0 0 0 THOMAS ZIEMNICK VP FOR ADVANCEMENT 136078 0 0 0 0 0 5706 0 23106 0 164890 0 0 0 PART I, LINE 1A THE COLLEGE COVERS TRAVEL EXPENSES FOR THE EXECUTIVE SPOUSES WHEN THEIR PRESENCE SERVES THE BUSINESS INTERESTS OF THE COLLEGE; I.E., MEETING WITH HUSBAND/WIFE DONORS. X 0 0 0 PHC FOUNDATION X 292344 0 1 1 292344 JACK HAYE PRESIDENT 22922 TUITION REMISSION MARK MITCHELL DEAN OF ACADEMIC AFFAIRS 3489 TUITION REMISSION HOWARD SCHMIDT EXECUTIVE V.P. 25226 TUITION REMISSION THOMAS ZIEMNICK VP OF ADVANCEMENT 18982 TUITION REMISSION MICHAEL FARRIS TRUSTEE 34297 SCHOLARSHIP BROOKS FREELAND SON OF TRUSTEE 4073 EMPLOYEE COMPENSATION 0 X 11 232567 FAIR MARKET VALUE X GIFT IN KIND 4 2156 FAIR MARKET VALUE 0 1 1 PART I, LINE 32B: STOCK DONATIONS ARE SENT DIRECTLY TO A BROKER. THE BROKER PROCESSES THE SALE AT THE DIRECTION OF THE VP OF FINANCE AND ADMINISTRATION. FORM 990, PART VI, SECTION A, LINE 2 J. VICTOR THOMPSON PROVIDES INVESTMENT MANAGEMENT SERVICES THROUGH BULWARK CAPITAL CORPORATION TO OTHER TRUSTEES. FORM 990, PART VI, SECTION A, LINE 2 GEORGE CLAY, J. VICTOR THOMPSON, AND JACK HAYE ARE COMMON TRUSTEES FOR PATRICK HENRY COLLEGE AND PATRICK HENRY COLLEGE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 2 HOWARD SCHMIDT IS THE EXECUTIVE VP OF PATRICK HENRY COLLEGE AND A DIRECTOR OF PATRICK HENRY COLLEGE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 2 N. DARYL WOLKING IS THE TREASURER OF PATRICK HENRY COLLEGE AND PATRICK HENRY COLLEGE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 2 RODNEY SHOWALTER IS THE SECRETARY OF PATRICK HENRY COLLEGE AND PATRICK HENRY COLLEGE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 2 DAVID SHANAHAN, TRUSTEE, PARTICPATES IN SEVERAL CANCER RESEARCH BUSINESSESS WITH DR. JAMES LEININGER, TRUSTEE. FORM 990, PART VI, SECTION A, LINE 2 TERRY TEMPLETON RESIDES ON A COMMMITTEE WITH THE TEMPLETON FOUNDATION THAT IS A SIGNIFICANT DONOR TO PATRICK HENRY COLLEGE. FORM 990, PART VI, SECTION B, LINE 11B THE FINAL DRAFT OF FORM 990 WITHOUT THE DONOR LISTING (SCHEDULE B) IS SENT TO ALL MEMBERS OF THE BOARD OF TRUSTEES FOR THEIR REVIEW BEFORE THE 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES, OFFICERS, AND KEY EMPLOYEES COMPLETE THE CONFLICT OF INTEREST FORM ANNUALLY FOR SUBMITTAL TO THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION'S OFFICE FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES SERVES AS THE COLLEGE'S COMPENSATION COMMITTEE, COMPRISED SOLEY OF INDEPENDENT TRUSTEES, NONE OF WHICH HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENTS. THE COMMITTEE DEVELOPS, CONSISTENT WITH THE ORGANIZATION'S PHILOSOPHY AND PRINCIPLES, THE ANNUAL PERFORMANCE GOALS AND THE CRITERIA TO BE USED IN DETERMINING MERIT INCREASES FOR THE PRESIDENT (CEO). THE FULL BOARD REVIEWS AND VALIDATES COMPENSATION ARRANGEMENTS FOR THE PRESIDENT AND HIS DIRECT REPORTS. FORM 990, PART VI, SECTION C, LINE 19 WHILE THE FEDERAL LAWS DO NOT MANDATE THAT THE COLLEGE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS BE MADE AVAILABLE FOR PUBLIC INSPECTION, THE COLLEGE MAKES THEM AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACT LABOR: PROGRAM SERVICE EXPENSES 95,975. MANAGEMENT AND GENERAL EXPENSES 9,949. FUNDRAISING EXPENSES 12,432. TOTAL EXPENSES 118,356. PHC FOUNDATION TEN PATRICK HENRY CIRCLE PURCELLVILLE VA 20132 542031700 SUPPORT PATRICK HENRY COLLEGE VA 501(C)(3) 11A 0 0 0 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 PATRICK HENRY COLLEGE FOUNDATION D 293344 PATRICK HENRY COLLEGE FOUNDATION C 19500