GREENVILLE COLLEGE: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- GREENVILLE COLLEGE (EIN 37-0681530)
- Tax period
- 2018-06-01 to 2019-05-31
- Filed
- 2020-04-14
- IRS object ID
- 202011059349301501
- Schema version
- 2018v3.1
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-04-14T11:41:36-05:00 | ReturnTs |
| Tax Period End | 2019-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 363990892 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Capin Crouse LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 Shuman Blvd Suite 300 | AddressLine1Txt |
| City | Naperville | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60563 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 370681530 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Greenville College | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GREE | BusinessNameControlTxt |
| Phone | 6186647000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 315 East College Avenue | AddressLine1Txt |
| City | Greenville | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 62246 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Barbara Sands | PersonNm |
| Person Title | AVP of Finance/Interim CFO | PersonTitleTxt |
| Phone | 6186647000 | PhoneNum |
| Signature | 2020-04-14 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Ted R Batson Jr | PreparerPersonNm |
| PTIN | P00721951 | PTIN |
| Phone | 6306829797 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 139.146.132.42 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-04-14 | IPDt |
| IP Tm | 12:41:25 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | B192CC0D102847318814F28D1D78F3A4F74CC717 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | EEEC1770470EBEEDEC9A52D4293FC3DE0E4CD0A0 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-09-23 17:36:50Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Greenville University | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Ivan Filby | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 315 East College Avenue | AddressLine1Txt |
| City | Greenville | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 62246 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $37,826,428 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.greenville.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1892 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | To transform students for lives of character and service through a Christ-centered education. | ActivityOrMissionDesc |
| Voting Members Governing Body | 20 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 20 | VotingMembersIndependentCnt |
| Total Employee | 846 | TotalEmployeeCnt |
| Total Volunteers | 38 | TotalVolunteersCnt |
| Total Gross UBI | $66,283 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,672,476 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,049,747 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $31,116,428 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $31,011,920 | CYProgramServiceRevenueAmt |
| PY Investment Income | $791,035 | PYInvestmentIncomeAmt |
| CY Investment Income | $984,291 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$4,246 | PYOtherRevenueAmt |
| CY Other Revenue | $36,022 | CYOtherRevenueAmt |
| PY Total Revenue | $35,575,693 | PYTotalRevenueAmt |
| CY Total Revenue | $37,081,980 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $11,841,456 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $11,712,393 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $13,905,900 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $14,150,223 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $538,187 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $11,914,874 | PYOtherExpensesAmt |
| CY Other Expenses | $11,560,076 | CYOtherExpensesAmt |
| PY Total Expenses | $37,662,230 | PYTotalExpensesAmt |
| CY Total Expenses | $37,422,692 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$2,086,537 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$340,712 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $61,630,703 | TotalAssetsBOYAmt |
| Total Assets EOY | $61,130,615 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $12,445,995 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $13,086,814 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $49,184,708 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $48,043,801 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Greenville College d/b/a Greenville University empowers students for lives of character and service through a transforming Christ-centered education in the liberal arts, sciences, and professional studies. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $29,831,208 | ExpenseAmt |
| Grant | $11,712,393 | GrantAmt |
| Revenue | $24,317,827 | RevenueAmt |
| Desc | UNDERGRADUATE AND GRADUATE LEVEL EDUCATION SERVICES-Instruction, scholarships, and other student services:Classes are held for approximately 1,100 students. Faculty, instruction, equipment and supplies are provided for the classroom and library. Students are awarded scholarships on the basis of need and academic achievement. Student support services include student development, religious life, student organizations and many other student activities. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,834,365 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $6,674,747 | RevenueAmt |
| Desc | AUXILIARY SERVICES -Food Service, Textbook Services, and Residence Halls:Cafeteria-style dining services are offered in the Dining Commons and snack bar/grill services are offered in the Student Union.Textbook rental services are provided to all enrolled students.Eight residence halls and nine student houses provide housing for approximately 700 students. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $32,665,573 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 1665 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 846 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 20 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 20 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Barbara Sands | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6186647000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 315 East College Avenue | AddressLine1Txt |
| City | Greenville | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 62246 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| Kathleen Turpin | |||||||
| Chair | 6.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Howard Costley | |||||||
| Vice Chair | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Melissa Westover | |||||||
| Secretary | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Valerie Gin | |||||||
| Treasurer | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Tyler Campo | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Elliott Renfro | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Jerry Hood | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Robert Bastian | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Dan Denbo | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Dennis Fenton | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mark Whitlock | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Doug Newton | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Donald Wolf | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Karen Longman | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Paul Donnell | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Victor Shepherd | |||||||
| Trustee (part year) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Venessa Brown | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Hugo Perez | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Dennis Spencer | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Steven Ellsworth | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| K Kendall Mathews | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Tim Dietz | |||||||
| CFO (part year) | 40.00 | Yes (X) | $112,468 | $0 | $31,538 | ||
| Barbara Sands | |||||||
| AVP of Finance/Interim CFO | 40.00 | Yes (X) | $52,389 | $0 | $19,785 | ||
| Ivan Filby | |||||||
| President | 40.00 | Yes (X) | $171,703 | $0 | $67,339 | ||
| Linda Myette | |||||||
| Vice President of Advancement | 40.00 | $102,128 | $0 | $6,166 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $438,688 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $124,828 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Fresh Ideas | |||||
| 3220 Vandiver Dr | Columbia | MO | 65202 | Food Services | $1,036,095 |
| Sodexo Inc | |||||
| 4880 Paysphere Circle | Chicago | IL | 60674 | Food Services | $827,843 |
| WFF Facility Services | |||||
| PO Box 958204 | St Louis | MO | 63195 | Custodial Services | $326,225 |
| Ruffalo Noel Levitz | |||||
| PO Box 718 | Des Moines | IA | 50303 | Marketing | $221,284 |
| Borton Construction | |||||
| 2 Copeland Ave Suite 201 | LaCrosse | WI | 54603 | Construction | $197,621 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 11 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $17,195 | FundraisingAmt |
| Government Grants | $343,812 | GovernmentGrantsAmt |
| All Other Contributions | $4,688,740 | AllOtherContributionsAmt |
| Noncash Contributions | $168,385 | NoncashContributionsAmt |
| Total Contributions | $5,049,747 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| Tuition and fees | 900099 | $24,317,827 | $24,317,827 | |
| Auxiliary enterprises | 900099 | $5,774,420 | $5,755,074 | $19,346 |
| Other program revenue | 900099 | $919,673 | $919,673 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $31,011,920 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $569,039 | TotalRevenueColumnAmt |
| Exclusion | $569,039 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $178,867 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $184,883 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$6,016 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$6,016 | TotalRevenueColumnAmt |
| Exclusion | -$6,016 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $965,048 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $549,796 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $415,252 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $415,252 | TotalRevenueColumnAmt |
| Exclusion | $415,252 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $4,870 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $17,195 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $9,769 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$4,899 | TotalRevenueColumnAmt |
| Exclusion | -$4,899 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Print shop | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $46,937 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $46,937 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $46,937 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $37,081,980 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $30,992,574 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $66,283 | UnrelatedBusinessRevenueAmt |
| Exclusion | $973,376 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,712,393 | TotalAmt |
| Program Services | $11,712,393 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $503,745 | TotalAmt |
| Program Services | $401,779 | ProgramServicesAmt |
| Management And General | $83,606 | ManagementAndGeneralAmt |
| Fundraising | $18,360 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,553 | TotalAmt |
| Program Services | $17,013 | ProgramServicesAmt |
| Management And General | $3,540 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,454,790 | TotalAmt |
| Program Services | $8,453,540 | ProgramServicesAmt |
| Management And General | $1,759,094 | ManagementAndGeneralAmt |
| Fundraising | $242,156 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $421,947 | TotalAmt |
| Program Services | $337,382 | ProgramServicesAmt |
| Management And General | $70,206 | ManagementAndGeneralAmt |
| Fundraising | $14,359 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,041,154 | TotalAmt |
| Program Services | $1,670,123 | ProgramServicesAmt |
| Management And General | $351,787 | ManagementAndGeneralAmt |
| Fundraising | $19,244 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $708,034 | TotalAmt |
| Program Services | $569,581 | ProgramServicesAmt |
| Management And General | $118,524 | ManagementAndGeneralAmt |
| Fundraising | $19,929 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,725 | TotalAmt |
| Program Services | $25,433 | ProgramServicesAmt |
| Management And General | $5,292 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $94,977 | TotalAmt |
| Management And General | $94,977 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,554 | TotalAmt |
| Management And General | $72,554 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,519,164 | TotalAmt |
| Program Services | $1,254,165 | ProgramServicesAmt |
| Management And General | $264,999 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $292,005 | TotalAmt |
| Program Services | $241,708 | ProgramServicesAmt |
| Management And General | $50,297 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,421,376 | TotalAmt |
| Program Services | $1,120,127 | ProgramServicesAmt |
| Management And General | $231,211 | ManagementAndGeneralAmt |
| Fundraising | $70,038 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $608,646 | TotalAmt |
| Program Services | $480,479 | ProgramServicesAmt |
| Management And General | $99,983 | ManagementAndGeneralAmt |
| Fundraising | $28,184 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,852,937 | TotalAmt |
| Program Services | $1,498,109 | ProgramServicesAmt |
| Management And General | $308,024 | ManagementAndGeneralAmt |
| Fundraising | $46,804 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $922,325 | TotalAmt |
| Program Services | $747,637 | ProgramServicesAmt |
| Management And General | $155,575 | ManagementAndGeneralAmt |
| Fundraising | $19,113 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $232,373 | TotalAmt |
| Program Services | $192,348 | ProgramServicesAmt |
| Management And General | $40,025 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $357,929 | TotalAmt |
| Program Services | $289,116 | ProgramServicesAmt |
| Management And General | $60,162 | ManagementAndGeneralAmt |
| Fundraising | $8,651 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,251,426 | TotalAmt |
| Program Services | $1,821,121 | ProgramServicesAmt |
| Management And General | $378,956 | ManagementAndGeneralAmt |
| Fundraising | $51,349 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $254,838 | TotalAmt |
| Program Services | $210,943 | ProgramServicesAmt |
| Management And General | $43,895 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| Food service | $1,451,647 | $1,451,647 | |
| Memberships | $152,251 | $126,026 | $26,225 |
| Textbook rental | $44,903 | $44,903 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,422,692 | TotalAmt |
| Program Services | $32,665,573 | ProgramServicesAmt |
| Management And General | $4,218,932 | ManagementAndGeneralAmt |
| Fundraising | $538,187 | FundraisingAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part X | Yes (X) | InfoInScheduleOPartXInd |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,749 | BOYAmt |
| EOY | $6,000 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,957,012 | BOYAmt |
| EOY | $6,438,340 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $666,848 | BOYAmt |
| EOY | $725,465 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,318 | BOYAmt |
| EOY | $65,559 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $266,913 | BOYAmt |
| EOY | $181,090 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $62,827,275 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $33,596,339 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,710,692 | BOYAmt |
| EOY | $29,230,936 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,940,527 | BOYAmt |
| EOY | $22,747,811 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $812,447 | BOYAmt |
| EOY | $808,304 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,159,647 | BOYAmt |
| EOY | $926,560 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $80,550 | BOYAmt |
| EOY | $550 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,630,703 | BOYAmt |
| EOY | $61,130,615 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,589,420 | BOYAmt |
| EOY | $2,082,839 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,382,732 | BOYAmt |
| EOY | $1,419,316 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $549,686 | BOYAmt |
| EOY | $708,943 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,140,639 | BOYAmt |
| EOY | $8,092,026 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $783,518 | BOYAmt |
| EOY | $783,690 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,445,995 | BOYAmt |
| EOY | $13,086,814 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,285,555 | BOYAmt |
| EOY | $24,807,743 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,899,153 | BOYAmt |
| EOY | $23,236,058 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,184,708 | BOYAmt |
| EOY | $48,043,801 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,630,703 | BOYAmt |
| EOY | $61,130,615 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$340,712 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$799,723 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$472 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,929,578 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,184,695 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,601,914 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,672,476 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,049,747 | CurrentTaxYearAmt |
| Total | $21,438,410 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,929,578 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,184,695 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,601,914 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,672,476 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,049,747 | CurrentTaxYearAmt |
| Total | $21,438,410 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,511,121 | SubstantialContributorsTotAmt |
| Public Support Total170 | $19,927,289 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $957,664 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $696,975 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $402,065 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $804,930 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $747,906 | CurrentTaxYearAmt |
| Total | $3,609,540 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,049 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $358 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,472 | CurrentTaxYearMinus2YearsAmt |
| Total | $10,879 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $37,973 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $26,792 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $27,136 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $48,419 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,870 | CurrentTaxYearAmt |
| Total | $145,190 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $25,204,019 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $160,669,745 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.79060 | PublicSupportCY170Pct |
| Public Support PY170 | 0.83020 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule A, Part II, Line 10, Explanation of Other Income: | Fundraising events - 2014 Amount: $ 7,886. 2015 Amount: $ 10,093. 2016 Amount: $ 3,600. 2017 Amount: $ 11,061. 2018 Amount: $ 4,870. Other income - 2014 Amount: $ 30,087. 2015 Amount: $ 16,699. 2016 Amount: $ 23,536. 2017 Amount: $ 37,358. |
| 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, columns (a) - (e): | Per the instructions public support is measured using a 5-year computation period that includes the current and four prior tax years (including short years). The organization had a short year in 2016. The below chart clarifies the information represented in Schedule A, Part II: Column (a) - Fiscal year ending 6/30/15 Column (b) - Fiscal year ending 6/30/16 Column (c) - 11 month period ending 5/31/17 Column (d) - Fiscal year ending 5/31/18 Column (e) - Fiscal year ending 5/31/19 |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
Collection Used Other Purposes CollectionUsedOtherPurposesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Other Purposes | Yes (X) | CollectionUsedOtherPurposesInd |
| Other Purposes | Art Education | OtherPurposesDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $20,196,340 | BeginningYearBalanceAmt |
| Contributions | $1,677,414 | ContributionsAmt |
| Investment Earnings Or Losses | -$36,933 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $676,825 | GrantsOrScholarshipsAmt |
| End Year Balance | $21,159,996 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $19,392,172 | BeginningYearBalanceAmt |
| Contributions | $474,567 | ContributionsAmt |
| Investment Earnings Or Losses | $1,225,036 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $895,435 | GrantsOrScholarshipsAmt |
| End Year Balance | $20,196,340 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $16,499,214 | BeginningYearBalanceAmt |
| Contributions | $1,974,029 | ContributionsAmt |
| Investment Earnings Or Losses | $1,502,233 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $583,304 | GrantsOrScholarshipsAmt |
| End Year Balance | $19,392,172 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $16,865,645 | BeginningYearBalanceAmt |
| Contributions | $439,033 | ContributionsAmt |
| Investment Earnings Or Losses | -$170,504 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $460,614 | GrantsOrScholarshipsAmt |
| Other Expenditures | $174,346 | OtherExpendituresAmt |
| End Year Balance | $16,499,214 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $17,485,715 | BeginningYearBalanceAmt |
| Contributions | $350,711 | ContributionsAmt |
| Investment Earnings Or Losses | $540,853 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $438,030 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,073,604 | OtherExpendituresAmt |
| End Year Balance | $16,865,645 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.01690 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.98310 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,636,564 | OtherCostOrOtherBasisAmt |
| Book Value | $2,636,564 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $52,207,155 | OtherCostOrOtherBasisAmt |
| Depreciation | $28,416,225 | DepreciationAmt |
| Book Value | $23,790,930 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,701,265 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,024,889 | DepreciationAmt |
| Book Value | $676,376 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,282,291 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,155,225 | DepreciationAmt |
| Book Value | $2,127,066 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $29,230,936 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Annuities and trusts payable | $115,567 |
| Student deposits | $120,058 |
| Asset retirement obligations | $548,065 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $783,690 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $24,783,364 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$799,723 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $19,320 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $194,652 | OtherRevenueAmt |
| Revenue Not Reported | -$585,751 | RevenueNotReportedAmt |
| Revenue Subtotal | $25,369,115 | RevenueSubtotalAmt |
| Other Revenues Not Included | $11,712,865 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $11,712,865 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $37,081,980 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $25,924,271 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $19,320 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $194,652 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $213,972 | ExpensesNotReportedAmt |
| Expenses Subtotal | $25,710,299 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $11,712,393 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $11,712,393 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $37,422,692 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III, Line 1a: | The University maintains a collection of donated art. The collection is held exclusively for public exhibition, education and research. The collection is appropriately catalogued and cared for by the curator. As allowed by the accounting standards, the University has elected not to recognize the collection in the statements of financial position. Proceeds from any deaccessions or insurance recoveries are used to acquire other works of art. |
| Part III, Line 4: | Greenville College is privileged to be the home and conservator of the Richard W. Bock Sculpture Museum. This museum, established in 1975, houses an extensive collection of sculptures, drawings, photographs, and the Bock family art library. The Bock family presented the collection to Greenville College on the condition that the works be placed on permanent exhibition. Public exhibition and preservation for future generations are the primary purposes the College maintains the collection. However, the College also loans pieces to other museums for temporary exhibits, allows researchers and other interested parties to use the museum's resources, and utilizes the collection as a tool for teaching art to students of the College. |
| Part V, Line 4: | The permanent endowments are established and used to provide scholarships to students attending Greenville College, to fund various academic programs and to fund campus improvements. 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 5/31/2019. 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 |
| Part XI, Line 2d - Other Adjustments: | Rental expenses reported on Part VIII, Line 6b 184,883. Fundraising expenses reported on Part VIII, Line 8b 9,769. |
| Part XI, Line 4b - Other Adjustments: | Scholarships netted with student tuition and fees 11,712,393. Change in value of gifts held in trust 472. |
| Part XII, Line 2d - Other Adjustments: | Rental expenses reported on Part VIII, Line 6b 184,883. Fundraising expenses reported on Part VIII, Line 8b 9,769. |
| Part XII, Line 4b - Other Adjustments: | Scholarships netted with student tuition and fees 11,712,393. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 | The organization currently enrolls students of racial minority groups in meaningful numbers consistent with the publicity exception found in Rev. Proc. 75-50 section 4.03(2)(b). |
| Schedule E, Part I, Line 6 | The College receives funding from the federal government in connection with provisions of Title IV of the Higher Education Act. As a result, the College is required to comply with various regulations related to these programs. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| East Asia and the Pacific | 0 | 0 | Program Services | Recruiting students/semester abroad | $95,204 |
| Europe (Including Iceland & Greenland) | 0 | 0 | Program Services | Semester abroad | $58,930 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $154,134 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $154,134 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, line 3: | FormAndLineReferenceDesc |
| Explanation | Accrual method of accounting | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Golf Scramble | Event1Nm |
| Gross Receipts Event1 | $22,065 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $17,195 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $4,870 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $2,250 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $2,840 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $3,881 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $798 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $22,065 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $17,195 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $4,870 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $2,250 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $2,840 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $3,881 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $798 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $9,769 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$4,899 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Student scholarships | GrantTypeTxt |
| Recipient | 984 | RecipientCnt |
| Cash Grant | $11,712,393 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | Students requesting financial aid are screened for financial need, academic merit, and other scholarship criteria prior to the awarding of scholarships. The combined total of scholarships, grants and other tuition related awards may not exceed the cost of tuition. Students must meet the enrollment guidelines and maintain satisfactory academic progress to retain awards received. Monitoring of these criteria is a combined effort of the Financial Aid office, the Registrar's office and the Business office. Scholarships are applied directly to student accounts. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Ivan Filby | PersonNm |
| Title | President | TitleTxt |
| Base Compensation Filing Org | $170,432 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $1,271 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $11,106 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $56,446 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $239,255 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 1a | FormAndLineReferenceDesc |
| Explanation | RESIDENCE FOR PERSONAL USE AND PERSONAL SERVICES - As a condition of employment, the Greenville College president is required to live in a home which is on campus and owned by the College. Because the President utilizes this house for business purposes and meetings and it is used for Greenville College business functions, the College provides housekeeping services on a regular basis. The fair rental value of the home has been estimated at $2,625 per month. This nontaxable compensation is reported on Schedule J, Part II, Column D. The benefits described above are provided according to the President's employment contract, which is reviewed and approved by the Executive Committee of the Board of Trustees. | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Kathie Filby | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | Family member of Ivan Filby, President | RelationshipDescriptionTxt |
| Transaction | $20,553 | TransactionAmt |
| Transaction | Wages | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $32 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Cost | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 10 | ContributionCnt |
| Noncash Contributions Rpt F990 | $146,300 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Selling price | MethodOfDeterminingRevenuesTxt |
Food Inventory FoodInventoryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $53 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Cost | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | Equip/Furn. | Desc |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $22,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Cost | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Column (b): | FormAndLineReferenceDesc |
| Explanation | The number of contributions represent the number of contributions received, not the number of items donated. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part I, Line 5: | The number of employees reported here is the total number of Forms W-2 issued for the year 2018. However, this number is not indicative of the number of employees the College employs at any given point in time. Due to the high volume of student workers employed and the short-term nature of their work, the number of Forms W-2 issued is much higher than the average number of individuals employed on an on-going basis. Over a twelve-month period, the average number of individuals paid in a pay period is approximately 460. Of this number, approximately 248 are faculty/staff and approximately 208 are student workers. |
| Form 990, Part VI, Section A, line 1 | The Executive Committee is composed of the four officers, Business Affairs Committee Chair, and one at-large member. The Executive Committee shall conduct any business authorized by the board and other urgent business that cannot be reasonably deferred until the next board meeting. It may not countermand any action taken by the board without the board's express permission. |
| Form 990, Part VI, Section B, line 11b | The College's 990 is prepared by an independent CPA firm using information from management. The Form 990 is reviewed in detail by management and provided to each board member for review. However, the board review copy does not disclose Schedule B contributor names and addresses. Upon approval of management and the board, the Form 990 is filed electronically with the Internal Revenue Service. |
| Form 990, Part VI, Section B, line 12c | Conflict of interest questionnaires are completed annually by all trustees, officers, and executive management. All responses are carefully reviewed by an independent staff member of the College for possible conflicts of interest. Should any potential conflicts of interest be disclosed, the trustee or officer would be asked to refrain from participation in any decision with regard to matters affected by the relationship. |
| Form 990, Part VI, Section B, line 15 | The Greenville College Board Policy Manual stipulates the following with respect to the President's evaluation and compensation: "7.4 President's Evaluation and Compensation: The officers of the Board negotiate all contractual matters with the President and conduct the President's annual evaluation. The contract will be presented to the full board, sitting in executive session, for consideration and approval. The officers report the findings of the annual review of the President to the Executive Committee and to the full board sitting in executive session." Board policy also provides for a review of the compensation of all the President's direct reports as follows: "4.10 Compensation Reviews: Compensation for all the President's direct reports must be reviewed by the Business Affairs Committee on an annual basis. The President's compensation is set in accordance with Section 7.4 of this Policy Manual. The review of compensation for both the President and direct reports must include consideration of compensation data for similar positions with similar scope of responsibility, educational requirements, and experience levels at comparable institutions with similar enrollment, budget, and type of location. Sources for compensation data should include Council for Christian Colleges and Universities (CCCU) and College and University Professional Association for Human Resources (CUPA-HR) or similar type organizations. Compensation comparisons for the President and direct reports should include, as much as possible, the following elements: salary, incentive pay of any kind, health benefits, retirement benefits, any allowances including tuition or educational waivers or reimbursements, and any other taxable benefits. No employee of the College or any committee or Board member having any conflict of interest whatsoever in the compensation reviews for the President and direct reports shall be allowed to participate in the discussion or approval process. Comparison data used in the review process, a discussion summary concerning the compensation comparisons and the appropriate compensation levels, any action taken by the Officers, Business Affairs Committee or the Board shall be documented at the time of such meeting and shall be kept on permanent record at the College. Compensation guidelines for the President and direct reports are plus or minus 20% of the average median compensation levels of the CCCU and CUPA-HR. |
| Form 990, Part VI, Section C, line 19 | The College makes its governing documents, conflict of interest policy, and financial statements 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 5/31/19. The 2018 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, Part X, Lines 27-29: Line 27 - Net assets without donor restrictions $24,807,743 Line 29 - Net assets with donor restrictions $23,236,058 Total net assets $48,048,801 |
| Form 990, Part XI, line 9: | Change in value of gifts held in trust -472. |
| Form 990, Part XII, Line 2c | The organization's Board assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Charitable remainder trusts (3) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | Trust | PrimaryActivitiesTxt |
| Legal Domicile State | MI | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Free Methodist Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | T | EntityTypeTxt |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |