2020-05-11T17:17:40-05:00 2019-06-30 363990892 Capin Crouse LLP 2435 Research Parkway STE 200 Colorado Springs CO 80920 990 2018-07-01 710239576 John Brown University JOHN 4795243131 2000 W University Siloam Springs AR 727612121 Kimberly Hadley VP of Finance & Administration 4795243131 2020-05-11 1 Ted R Batson Jr P00721951 7195286225 139.146.132.42 2020-05-11 18:17:32 ED P 75F19D5050521AE02F3F91AA310241EA5EA6A259 EF0AA5DBA00F076A3380AA997BCA3CBBA9437991 2018 2020-11-19 02:30:22Z Charles Pollard 2000 W University Siloam Springs AR 727612121 77257737 0 X www.jbu.edu X 1934 AR Provide a Christ-centered education that prepares students to honor God and serve others. 29 29 1732 100 252583 0 16676389 16815387 55002029 53542416 5334010 5678073 274258 255699 77286686 76291575 19516464 19664875 0 0 30996621 31350115 28645 21301 2164230 21355142 21502159 71896872 72538450 5389814 3753125 237370625 238655664 14401581 12568526 222969044 226087138 X See Schedule O 0 0 38061225 18959502 42448355 Instructional Services - JBU currently enrolls more than 2,200 students in its three primary academic programs: traditional undergraduate, graduate, and online undergraduate. Through its instructional services, JBU offers 41 undergraduate majors, 52 undergraduate minors, 19 graduate degrees, and 5 online undergraduate programs for working adults. The faculty to student ratio is 13:1. The top traditional programs of study by major enrollment are: Engineering, Nursing, Family & Human Services, Biology, Graphic Design, Construction Management, Psychology, International Business, Digital Cinema, Elementary Education.-Continued on Schedule O- 9568739 Student Services - John Brown University offers spiritual formation, wellness, counseling, and career development services to traditional undergraduate, online undergraduate and graduate students, and, on a limited basis, to the broader JBU community. JBU also offers traditional undergraduate students opportunities to compete in NAIA intercollegiate athletic competition. Student services covers a broad variety of co-curricular activities which help students in personal and professional development. 7023840 705373 8177221 Auxiliary- John Brown University offers a traditional residential undergraduate program at its Siloam Springs campus, a formational part of the JBU educational experience. The university requires non-local traditional undergraduate students who do not have senior status to live on campus. JBU has a wide variety of campus housing, including four residential halls, town homes, apartments, and duplexes. During the traditional academic year, JBU provides full cafeteria service to students. 5908118 Academic Support - JBU enriches the students' educational experience through academic support in the form of library services, registrar services, IT support, and faculty professional development. 2561906 2689273 Public Service- The University is also the home to two endowed centers, The Center for Healthy Relationships and the Milestone Leadership. The University also owns and operates KLRC radio, a 100,000 watt FM radio station. 8470024 2689273 63123828 1 1 0 0 0 1 0 1 0 1 1 1 0 0 1 0 0 1 1 1 1 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 1 0 1 1 0 0 0 1 0 0 0 1 2717 0 1 1732 1 0 1 EI 0 0 0 0 0 0 0 1 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 KY MD NH SC X Kimberly Hadley VP of Finance & Administration 4795243131 2000 W University Siloam Springs AR 727612121 Mrs Susan Barrett Chariman of thet Board 0.40 X X 0 0 0 Mr Mark C Simmons Vice Chairman of the Board 0.40 X X 0 0 0 Mrs Lee R Sale Secretary of the Board 0.40 X X 0 0 0 Mrs Holly Robason Beitel Board Member 0.40 X 0 0 0 Mr Marc Boatwright Board Member 0.40 X 0 0 0 Mr John E Brown Board Member 0.40 X 0 0 0 Mr Jim Congdon Board Member 0.40 X 0 0 0 Mr Rollin L Ford Board Member 0.40 X 0 0 0 Dr Stephen R Genheimer Board Member 0.40 X 0 0 0 Dr Wayne Hardy Board Member 0.40 X 0 0 0 Mr Lawson Hembree IV Board Member 0.40 X 0 0 0 Mr Keith E Holmberg Board Member 0.40 X 0 0 0 Ms Emily K Hornock Board Member 0.40 X 0 0 0 Mr Michael R Kairis Board Member 0.40 X 0 0 0 Mr Michael S King Board Member 0.40 X 0 0 0 Mr Alan L Lee Board Member 0.40 X 0 0 0 Mr David H LeVan Board Member 0.40 X 0 0 0 Mr Alfonso Mendez Board Member 0.40 X 0 0 0 Mr Noah Mithcell Board Member 0.40 X 0 0 0 Mr William C Naramore Sr Board Member 0.40 X 0 0 0 Mr Doug Neufeld Board Member 0.40 X 0 0 0 Mr Phillip O Porter Board Member 0.40 X 0 0 0 Mr William Ross Board Member 0.40 X 0 0 0 Mrs April Ryan Board Member 0.40 X 0 0 0 Mrs Ruth H Smith Board Member 0.40 X 0 0 0 Mr Marvin G Spees Board Member 0.40 X 0 0 0 Mr John Spenst Board Member 0.40 X 0 0 0 Mr Wendell Stratton Board Member 0.40 X 0 0 0 Mrs Diane N Willits Board Member 0.40 X 0 0 0 Charles Pollard President 40.00 X 300747 0 128083 Edward Ericson VP for Academic Affairs 40.00 X 141959 0 29103 Kimberly M Hadley VP of Finance & Administration 40.00 X 145288 0 23936 Dr Gary Oliver Director of CHR 40.00 X 187287 0 30825 James Krall VP of University Advancement 40.00 X 154825 0 33035 Steve Beers VP for Student Development 40.00 X 136557 0 21631 Donald Crandall VP of Enrollment Management 40.00 X 121358 0 28185 Lori Chalmers part year CEO Milestone Leadership 40.00 X 107112 0 15000 1295133 0 309798 13 0 1 0 Nabholz Construction Corporation PO Box 277 Rogers AR 727570277 Construction 5379508 Creative Dining Services One Royal Park Dr Zeeland MI 49464 Food Service 2400027 Forte Media Partners 2707 S Waldron Fort Smith AR 72903 Advertising 274920 Powers Mechanical Service 5440 Northshore Dr North Little Rock AR 72118 HVAC 261684 Ellucian 62578 Collections Center Dr Chicago IL 60693 Software Support 224950 7 2064293 14751094 1002873 16815387 Tuition & Fees 611310 42448355 42448355 Auxiliary Enterprises 611310 8177221 8177221 Public Service 611310 2689273 2689273 Health Complex 713940 227567 227567 53542416 3804267 3804267 230683 230683 57354 32338 25016 25016 25016 2789657 17973 934012 -188 1855645 18161 1873806 1873806 76291575 53314849 252583 5908756 19664875 19664875 746068 175469 470409 100190 25000 7500 5000 12500 22794770 19595914 2283980 914876 1283345 1104034 123989 55322 4966524 3647441 1215437 103646 1534408 1276025 190003 68380 112950 12074 74818 26058 73738 4500 69238 21301 21301 582592 22 582570 2087046 1474755 359621 252670 1365170 991401 197768 176001 1969031 1671068 32495 265468 1430793 1274845 155948 369145 367081 2064 1866327 1413641 390480 62206 537085 370636 123257 43192 205246 197893 7353 5248791 4844333 404458 442913 85184 357729 Operations, maintenance 2980949 2714754 205839 60356 Auxiliary services 2230383 2230383 72538450 63123828 7250392 2164230 X 1694438 3068216 2352241 5448461 1640181 1312612 2242737 1245798 27062 24899 499670 364542 158513152 68936638 95276512 89576514 109081704 110863048 21344514 21716077 1718233 1713247 1493333 3322250 237370625 238655664 3006499 1920436 1604478 1552992 1430905 1185265 7104035 6636040 1255664 1273793 14401581 12568526 X 118762486 117941371 104206558 108145767 222969044 226087138 237370625 238655664 X 3753125 -573652 -61379 X X 0 1 X 1 1 1 X 18732192 18678588 15052833 16676389 16815387 85955389 18732192 18678588 15052833 16676389 16815387 85955389 36207034 49748355 6627567 7145669 2843733 5550291 4034950 26202210 112157599 266684969 0.44360 0.42780 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2 5000 21264 1 1 450 89225 X 0 120036525 5724244 4871923 2088638 2974362 125569692 113296671 3126482 8575622 2070575 2891675 120036525 99468257 6291081 11758972 1963273 2258366 113296671 100979996 7328698 -2625677 1898820 4325940 99458257 97964052 6011867 288091 1794980 1489034 100979996 0.19770 0.80230 0 0 182366 182366 140259849 56350594 83909255 16728240 11324397 5403843 1342697 1261647 81050 89576514 Investments in private investment companies 13545721 F Private equity investments 5462469 F Charitable trust investments 1126351 F Real estate 765974 F Oil and gas rights 506024 F Cash surrender value of life insurance 220313 F Artwork 89225 F 21716077 Annuity & trusts payable 1273793 1273793 55512669 -573652 18766 -554886 56067555 511338 19712682 20224020 76291575 52394575 32338 32338 52362237 511338 19664875 20176213 72538450 Part III, Line 4: The University holds various pieces of art, which are displayed for the educational enrichment of our students. As proposed by writer, John Henry Newman in Idea of a University, a broad intellectual environment including the arts provides a robust academic experience for students. As such, all JBU students, regardless of major, benefit from displays of art within the educational context. Part V, Line 4: Endowed funds fund scholarships administered by the University in accordance with guidelines established together by the donor and the University. Endowed scholarships live on in perpetuity distributing funds to deserving students year after year. The funds given to the University are invested, an applied spending rate consisting of the five-year average market value of the funds which includes an inflation component, is awarded to students in the form of annual scholarships. Endowed funds also support several non-scholarship projects, including two centers: The Center for Healthy Relationships and Milestone Leadership. Part XI, Line 2d - Other Adjustments: Change in value of split-interest agreements -13,572. Rental expenses reported on 990 Pt. VIII 32,338. Part XI, Line 4b - Other Adjustments: Scholarships & grants 19,664,875. Change in value of annuities and trusts 47,807. Part XII, Line 2d - Other Adjustments: Rental expenses reported on 990 Pt. VIII 32,338. Part XII, Line 4b - Other Adjustments: Scholarships & grants 19,664,875. Form 990, Schedule D, Part V, Lines 2a-2c: In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 6/30/2019. To date, Form 990 and its associated schedules have not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Schedule D, Part V, Lines 2a-2c: Line 2a - Without donor restrictions Line 2b - With donor restrictions 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 University's nondiscriminatory statement is included in local and regional newspaper advertising, as well as on the University website. Schedule E, Part I, Line 6 The federal government awards the University various monies restricted for student financial aid. The monies are awarded through three federal programs: Pell Grant (Pell), Federal Supplemental Opportunity Grant (FSEOG), and Federal Work Study (FWS). Pell provides eligible students a foundation of financial aid to assist with defraying the costs of post-secondary education. Because the Pell grants are classified as pass-through grants, they are excluded from income and expense on the financial statements and Form 990. The FSEOG program provides need based grants to low income undergraduate students to promote access to post-secondary education. The FWS program provides part-time employment to students who need the earnings to help meet their postsecondary education costs. The program is also intended to broaden the range of worthwhile job opportunities to qualified students. Europe (Including Iceland & Greenland) 1 7 Program services Missions Trips 174 Central America and the Caribbean 0 0 Program services Missions Trips 77158 Middle East and North Africa 0 0 Program services Study Abroad Trips 141671 East Asia and the Pacific 0 0 Program services Study Abroad Trips 797 Europe (Including Iceland & Greenland) 0 0 Program Services Study Abroad Trips 317366 Central America and the Caribbean 0 0 Program Services Study Aboard Trips 67004 1 7 0 0 1 7 604170 0 604170 0 0 0 0 0 0 Part I, line 3: Expenditures are accounted for using the accrual method of accounting. All international trips are monitored and maintained in individual non-operating accounts. Participants are required to raise their own funds. Trips abroad include both studies trips (taken for academic credit) and mission trips to encourage a broad range of academic and co-curricular student growth. X X X X X X 1 ShareMedia Services 6505 W Park Blvd Ste 306 Plano TX 75093 Share-a-thon Consulting Talent 0 1180126 21301 1158825 1180126 21301 1158825 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY 1 Academic support: grants, scholarships, aid, etc 1404 19664875 Part I, Line 2: Although students and their families bear the primary responsibility for meeting costs, many find they cannot pay the full cost of an education by themselves. In most cases a financial aid package will involve family contributions, acceptance of federal assistance (including grants and loans), and financial aid from John Brown University. These financial assistance programs help fill the gap between the amount a family is expected to pay and the total educational cost. The amount the family is expected to pay is based on information provided on the Free Application for Federal Student Aid (FAFSA). The tuition assistance is applied to the student's account and therefore, no cash changes hands. X 1 1 X X X 0 0 0 0 0 0 0 0 0 Charles Pollard President 274554 0 25000 0 1193 0 21700 0 106700 0 429147 0 0 0 Edward Ericson VP for Academic Affairs 141959 0 0 0 0 0 10377 0 19043 0 171379 0 0 0 Kimberly M Hadley VP of Finance & Administration 142288 0 3000 0 0 0 10359 0 13894 0 169541 0 0 0 Dr Gary Oliver Director of CHR 187287 0 0 0 0 0 13695 0 17447 0 218429 0 0 0 James Krall VP of University Advancement 150600 0 3000 0 1225 0 11305 0 22047 0 188177 0 0 0 Steve Beers VP for Student Development 133557 0 3000 0 0 0 9678 0 12270 0 158505 0 0 0 Part I, Line 1a The President receives a housing allowance in recognition of the President's residence being required and used for the University business. This is not included in taxable income. A City of Siloam Springs Arkansas Public Education Facilities Board 521536674 827176GAO 2015-10-07 8165000 Current refund $7,905,000 of outstanding Refunding Revenue Series 12/17/09 0 0 0 A 925000 8187235 344521 126845 7716066 2015 1 0 1 1 A 0 0 0 0 0 0 1 A 1 0 0 0 0 1 A 1 13250 Scholarship aid Scholarship Mrs Carey Pollard Family member of Charles Pollard, President 25000 W-2 Wages 0 X 1 450 FMV-Similar Asset Sales X 10800 FMV-Similar Asset Sales X 2975 FMV-Similar Asset Sales X 1 4800 FMV-Kelly Blue Book X 17 774008 FMV-Sales Price X 3 166500 Appraisal X 1 15 FMV-Similar Asset Sales X Equipment 12 43325 FMV-Equipment 0 0 1 0 Part I, Column (b): The number of contributions represent the number of contributions received, not the number of items donated. Form 990, Part III, Line 1, Description of Organization Mission: John Brown University provides Christ-centered education that prepares students to honor God and serve others by developing their intellectual, spiritual, and professional lives. JBU serves traditional undergraduate students on its residential campus in Siloam Springs, Arkansas. JBU also offers non-traditional undergraduate degrees through its online undergraduate program. In addition, the Graduate School at John Brown University serves graduate students. Form 990, Part III, Line 4a, Description of Program Service: -Continued From Page 2- The JBU Online program offers undergraduate degrees in organizational leadership, business administration, liberal arts, management accounting, and psychology. The Graduate School offers degrees in business, leadership, counseling, visual arts and education. The graduation rate is consistently above 65% and traditional undergraduate retention is above 80%. In addition to major level courses, undergraduates are required to take general education courses that emphasize the integration of intellectual and spiritual development. Form 990, Part VI, Section A, line 1 The Executive Committee shall, between regular Board meetings, be empowered to act as agent of the Board of Trustees in managing the business and affairs of John Brown University and on special matters as set forth in the Bylaws or as the Board shall from time to time designate. There are 10 board members who serve on the Board and Executive Committee. Form 990, Part VI, Section B, line 11b Form 990 is prepared by an independent CPA firm and is then detail reviewed by both the VP of Finance and Administration and by the audit subcommittee. Copies are provided to all trustees for their review before the return is filed with the IRS. Form 990, Part VI, Section B, line 12c The organization has a written conflict of interest policy. Board members and officers are required to disclose potential conflicts of interest on an annual basis. Any board member or a member of a committee of the board who perceives a possible conflict of interest involving a matter before the board shall identify that interest to the other members of the board, whether or not that interest is both: (1) conflicting and (2) material If the board or committee chairman determines that a material conflict of interest does exist that member shall refrain from any further discussion on that issue except as requested for information by the board or committee and shall abstain from voting, such abstention being noted in the meeting record. A quorum of the board or committee must exist without that member's presence being needed. The chairman shall determine whether it is appropriate to ask the conflicted individual to be absent during discussion. Form 990, Part VI, Section B, line 15 The executive committee of the board reviews, discusses, and approves the proposed salary and benefits for the members of the president's cabinet as submitted by the president. Compensation is benchmarked against national comparison data from the Council for Christian Colleges & Universities (CCCU) and the Colleges and University Professional Association (CUPA). Presidential salary and benefits are also benchmarked with CCCU comparison data, determined, and approved by the executive committee of the board. During this process, the executive committee attempts to maintain an appropriate balance of executive compensation levels compared to other salary levels within the institution. The process followed and decisions reached are documented in the minutes. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy, and the financial statements are made available to the public upon request. Form 990, Part X, Lines 27-29: In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 6/30/2019. The 2018 Form 990 and its associated schedules were not updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Part X, Lines 27-29: Net assets without donor restrictions $117,941,371 Net assets with donor restrictions 108,145,767 ------------- Total net assets $226,087,138 Form 990, Part XI, line 9: Change in value of split-interest agreements -13,572. Change in value of annuities and trusts -47,807. The John Brown University Foundation 2000 West University Siloam Springs AR 72761 300167845 Support John Brown University AR 501(c)(3) Line 12a, I John Brown University 0 John Brown University Northern Ireland 50 Bedford Street Belfast Antrim EI BT2 7FW Education EI 501(c)(3) Line 2 John Brown University 0 Charitable remainder trusts (3) Hold assets and remit income to University AR John Brown University 0 Makeup unitrusts (2) Hold assets and remit income to University AR John Brown University 0 Retained life estate trusts (1) Hold assets and remit income to University AR John Brown University 0 Flip makeup unitrusts unsold property (2) Hold assets and remit income to University AR John Brown University 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Explanation of affiliate reporting: John Brown University has an affiliate organization that represents its operations in Northern Ireland. Per our interpretation of the Form 990 instructions and in order to file a complete and accurate return, the affiliate organization's operations are included in the financial activity reported on this Form 990 and the affiliate organization is reported in Schedule R, Part II as a related tax-exempt organization.