2020-05-26T10:00:35-05:00 2019-07-31 350921680 CROWE LLP 155 West Nationwide Blvd Suite 500 Columbus OH 432152570 990 2018-08-01 344431169 The University of Findlay UNIV 4194344524 1000 North Main Street Findlay OH 45840 Katherine R Fell President 2020-05-26 true RACHEL SPURLOCK P00520729 6144690001 2018 2020-09-23 17:36:50Z Dr Katherine Fell 1000 North Main Street Findlay OH 45840 157376096 false X www.findlay.edu X 1882 OH The mission of The University of Findlay is to equip our students for meaningful lives and productive careers. 30 29 2165 361 203851 0 13405556 10992690 128654404 124611437 1803731 3866819 3592750 6666630 147456441 146137576 54439304 54714083 0 56854199 54140707 0 1412480 34191699 34312583 145485202 143167373 1971239 2970203 201871751 209835121 54846280 61541480 147025471 148293641 The mission of The University of Findlay is to equip our students for meaningful lives and productive careers. false false 100079278 54673833 91613727 UNIVERSITY OF FINDLAY IS A COMPREHENSIVE, PRIVATE UNIVERSITY THAT OFFERS BOTH UNDERGRADUATE AND GRADUATE STUDIES AND IS ACCREDITED BY THE HIGHER LEARNING COMMISSION. UNIVERSITY OF FINDLAY OFFERS MORE THAN 60 AREAS OF UNDERGRADUATE STUDY AND HAS A CURRENT UNDERGRADUATE ENROLLMENT OF NEARLY 2,276 STUDENTS. SOME OF THE MORE POPULAR UNDERGRADUATE PROGRAMS INCLUDE: BUSINESS (358 STUDENTS), EDUCATION (117 STUDENTS), HEALTH PROFESSIONS (435 STUDENTS), PHARMACY (189 STUDENTS), LIBERAL ARTS (251 STUDENTS), NATURAL SCIENCE (853 STUDENTS) AND OTHER (73 STUDENTS). MANY OF THE UNIVERSITY'S PROGRAMS HAVE A NATIONAL REPUTATION INCLUDING PRE-VETERINARY MEDICINE AND EQUESTRIAN STUDIES. 14954375 40250 27066227 UNIVERSITY OF FINDLAY OFFERS A VARIETY OF GRADUATE PROGRAMS INCLUDING: MASTERS OF BUSINESS (210 STUDENTS), EDUCATION (264 STUDENTS), HEALTH PROFESSIONS SUCH AS PHYSICAL THERAPY, OCCUPATIONAL THERAPY, ATHLETIC TRAINING, PHYSICIAN ASSISTANT, AND HEALTH INFORMATICS (452 STUDENTS), PHARMACY (109 STUDENTS), LIBERAL STUDIES (50 STUDENTS) AND SCIENCE (103 STUDENTS). TOTAL GRADUATE STUDENTS CURRENTLY ENROLLED ARE MORE THAN 1,188. 7423800 0 12385176 UNIVERSITY OF FINDLAY HAS MANY AUXILIARY DEPARTMENTS THAT PROVIDE SERVICES TO THEIR STUDENTS, THESE AUXILIARY DEPARTMENTS INCLUDE DORMITORIES FOR STUDENT LIVING, DINING HALLS, CAMPUS STORES FOR STUDENTS AND THE UNIVERSITY'S ON-CAMPUS VETERINARY CLINIC. 122457453 true true false false false false true true true true true false false true true true false true false true false false false true false false false true true true false false false false false false false false true false true true false false false true false false false true 4927 0 true 2165 true true true false false false false true true true false false false false false X 30 29 true false false false false false false true true false false true true true true true true true true false CO KY AK MD MA MI NH NY OK OR SC WA X Megan Schulte 4194344524 1000 N MAIN ST FINDLAY OH 45840 AR Charnes Chair 1.0 X X 0 0 0 Christopher Ostrander Vice Chair 1.0 X X 0 0 0 Brian Young Trustee 1.0 X 0 0 0 Craig Crotteau Trustee 1.0 X 0 0 0 Micheal Harrington Trustee 1.0 X 0 0 0 Kolleen Kirk Trustee 1.0 X 0 0 0 William H Reist Trustee 1.0 X 0 0 0 Clifford C Cook Trustee 1.0 X 0 0 0 John Haywood Trustee 1.0 X 0 0 0 Brian Washington Trustee 1.0 X 0 0 0 Don Manley Trustee 1.0 X 0 0 0 Tim H Nesler Trustee 1.0 X 0 0 0 Pastor Edward L Rosenberry Trustee 1.0 X 0 0 0 C Paul Palmer IV Trustee 1.0 X 0 0 0 Karl L Heminger Trustee 1.0 X 0 0 0 Pamela KM Beall Trustee 1.0 X 0 0 0 Lynn R Child Trustee 1.0 X 0 0 0 Melissa Duflock Trustee 1.0 X 0 0 0 Sherri Garner Brumbaugh Trustee 1.0 X 0 0 0 Phil Kortokrax Trustee 1.0 X 0 0 0 Phil Scott Trustee 1.0 X 0 0 0 Billy Watterson Trustee 1.0 X 0 0 0 Lance Finley Trustee 1.0 X 0 0 0 Duane Jebbett Trustee 1.0 X 0 0 0 Brant Rhoad Trustee 1.0 X 0 0 0 Tod Beckett Trustee 1.0 X 0 0 0 Dan Kennard Trustee 1.0 X 0 0 0 Lisa Vignerot Trustee 1.0 X 0 0 0 Charles Bills Trustee 1.0 X 0 0 0 Jennifer Smith Trustee 1.0 X 0 0 0 George Showers Trustee (Partial Year) 1.0 X 0 0 0 C Richard Beckett Trustee (Partial Year) 1.0 X 0 0 0 Katherine R Fell President 40.0 X 355423 0 136675 Thomas Lause Treasurer 40.0 X 177731 0 17348 Marcia Sloan Latta VP University Advancement 40.0 X 206555 0 20007 Darin Fields VP Academic Affairs 40.0 X 180475 0 33533 David Emsweller VP of Student Affairs 40.0 X 155610 0 36120 Raymond McCandles VP of Information Technology 40.0 X 150809 0 34448 Debra Parker Dean, College of Pharmacy 40.0 X 203252 0 45033 William Malone Associate Dean of Pharmacy 40.0 X 145565 0 35394 Ryan Schneider Associate Professor of Pharmacy Practice and Associate Dean for Curricular Affairs 40.0 X 126355 0 16071 Richard States Dean, College of Health Professions 40.0 X 135719 0 23171 Tonya Dauterman Asst. Prof. of Pharmacy Practice, Assoc. Dean of External Affairs & Chair of Experiential Education 40.0 X 141793 0 28830 1979287 0 426630 53 false true false WORKDAY INC PO BOX 396106 SAN FRANCISCO CA 94139 SOFTWARE 1258600 Wiley Edu LLC 427 South Fourth Street Suite 300 Louisville KY 40202 Online Academic Course Program 843942 IBM Corporation PO Box 643600 Pittsburg PA 15264 Software 591614 Jenzabar Inc PO Box 55018 Boston MA 02205 Software 421946 Blackboard Inc Blackboard Inc PO Box 200154 Pittsburg PA 15251 Software 326753 10 X 38500 5166806 5787384 2055654 10992690 TUITION AND FEES 611710 109979835 109979835 DORMITORIES 721310 6503011 6503011 DINING HALLS 722210 4647286 4647286 MISCELLANEOUS AUXILIARY 611710 2055513 1864600 190913 CAMPUS STORE 451211 1123452 1123452 302340 302340 0 0 124611437 3374744 12938 3361806 143496 92765 50731 0 50731 50731 11552008 11059933 492075 0 492075 492075 57115 38500 85822 -28707 -28707 Horse Farm Income 900099 1651173 1651173 MTM Pharmacy CONSULTING 900099 564255 564255 Overseas Program 900099 283145 283145 4146033 4146033 0 0 6644606 146137576 131065130 203851 3875905 54714083 54714083 1432304 1432304 60293 60293 39556848 32759688 5956341 840819 1997021 1597617 359464 39940 3833273 3066619 689989 76665 7260968 5808775 1306974 145219 192603 3192 189411 101349 101349 183436 183436 5449471 4164857 1121405 163209 616313 476853 139351 109 4584732 3694445 843893 46394 1527578 1450951 62290 14337 3448354 1566763 1875044 6547 3820997 3326585 422228 72184 28963 28963 1639762 1584010 55752 5815948 2535753 3280195 928153 341449 586104 600 Contract Food Services 3113300 3113300 Purchase for Resale 1159605 1079461 80144 Repairs and Maintenance 367737 306823 59051 1863 Lease Expense 321375 212937 107075 1363 1012907 653292 356384 3231 143167373 122457453 19297440 1412480 984625 1415138 7335893 5856501 2882595 2859783 2699435 1821696 0 0 0 1417686 1341833 858558 564929 844026 1488821 203727007 65755427 139697856 137971580 29093631 36065374 15633779 13454556 0 423667 6994910 201871751 209835121 4618385 6870351 1867974 2180981 31003749 46846409 1584101 1761852 0 13000346 453246 2771725 3428641 54846280 61541480 X 95011579 98791116 22789622 19011793 29224270 30490732 147025471 148293641 201871751 209835121 X 2970203 -2043301 341268 X false true X true true true X 9736687 11707050 11576463 13405556 10992690 57418446 0 0 9736687 11707050 11576463 13405556 10992690 57418446 364317 57054129 1473090 885194 1213808 911520 3374744 7858356 0 0 0 0 0 0 57055 57798 38993 46400 57115 257361 65534163 654935654 0.8706 0.893 X Schedule A, Part II Public Support Test PART II HAS BEEN COMPLETED TO PROVE THE COLLEGE MEETS THE PUBLIC SUPPORT TEST AND THEREFORE QUALIFIES TO USE THE SPECIAL RULE IN REPORTING ON SCHEDULE B. Schedule A, Part II, Line 10 Other Income DESCRIPTION - FUNDRAISING REVENUE, COLUMN A - 57055.0, COLUMN B - 57798.0, COLUMN C - 38993.0, COLUMN D - 46400.0, COLUMN E - 57115.0, COLUMN F - 257361.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 511525 13949144 X X X X false false true X 41745865 1604885 567474 1456265 194177 42267782 38695725 1194945 2978526 988692 134639 41745865 34227559 1268471 4894997 1695302 38695725 34198418 1118741 -41823 1047777 34227559 33979748 287433 1027700 1096463 34198418 0.0 0.7262 0.2738 false false 9259773 9259773 142034563 40902113 101132450 25962654 17400149 8562505 26470017 7453165 19016852 137971580 HEDGE FUNDS OF FUNDS 9404455 PRIVATE EQUITY FUNDS 2923929 LIMITED PARTNERSHIP INTERESTS 178701 REAL ESTATE FUNDS 947471 13454556 FEDERAL PERKINS LOAN FUND 1228134 Funds Held in Trust 473560 TUITION AND ROOM ADVANCES 1811651 FEDERAL LOANS -84704 3428641 X 89716611 -2043301 519855 -1523446 91240057 183436 54714083 54897519 146137576 88448441 178587 178587 88269854 183436 54714083 54897519 143167373 Schedule D, Part III, Line 4 Collections of art - description of collections THE MAZZA MUSEUM IS DEDICATED TO COLLECTING, EXHIBITING AND PRESERVING ORIGINAL ART FROM CHILDREN'S PICTURE BOOKS. THE MUSEUM IS THE WORLD'S FIRST AND LARGEST TEACHING MUSEUM DEVOTED TO LITERACY AND THE ART OF CHILDREN'S PICTURE BOOKS. FOUNDED IN 1982, THE MUSEUM CONTAINS MORE THAN 14,200 ORIGINAL ARTWORKS. Schedule D, Part IV, Line 2b Explanation of escrow agreement The University invests funds for the benefit of Winebrenner Theological Seminary. Schedule D, Part V, Line 4 Intended uses of endowment funds THE INTENDED USE OF THE ENDOWMENT FUND IS FOR SCHOLARSHIPS. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The University has been approved under Internal Revenue Code Section 501 (c)(3) as a nonprofit organization exempt from federal taxes on its normal activities. Accounting principles generally accepted in the United States of America prescribes recognition thresholds and measurement attributes for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Tax benefits will be recognized only if a tax position is more-likely-than-not sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized will be the largest amount of tax benefit that is greater than 50% likely being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax benefit will be recorded. Management has concluded that they are unaware of any tax benefits or liabilities to be recognized at July 31, 2019 and 2018. The University would recognize interest and penalties related to unrecognized tax benefits in interest and income tax expense, respectively. The University has no amounts accrued for interest or penalties for the years ended July 31, 2019 and 2018 and the University does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Rental Expense - 92765 Fundraising Expense - 85822 Change in Split Interest Agreement - 341268 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Scholarship Expense - 54714083 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Rental Expense - 92765 Fundraising Expense - 85822 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Scholarship Expense - 54714083 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY CLEARLY DEFINED IN ALL UNIVERSITY LITERATURE Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES: PASSED THROUGH THE GREATER CINCINNATI OCCUPATIONAL HEALTH CENTER, NIEHS HAZARDOUS WASTE WORKER HEALTH AND SAFETY TRAINING. U.S. DEPARTMENT OF STATE: BUREAU OF EDUCATIONAL AND CULTURAL AFFAIRS GRANT DIVISION, PROFESSIONAL AND CULTURAL EXCHANGE PROGRAMS - CITIZEN EXCHANGES. U.S. DEPARTMENT OF HOMELAND SECURITY: PASSED THROUGH EASTERN KENTUCKY UNIVERSITY, STATE AND LOCAL HOMELAND SECURITY TRAINING PROGRAM. U.S. DEPARTMENT OF HOMELAND SECURITY: PASSED THROUGH OHIO DEPARTMENT OF PUBLIC SAFETY, STATE AND LOCAL HOMELAND SECURITY TRAINING PROGRAM. NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION: PASSED THROUGH THE OHIO STATE UNIVERSITY RESEARCH FOUNDATION, RESEARCH AND DEVELOPMENT, EDUCATION AND TRAINING, AND ADVISORY SERVICES. Central America and the Caribbean 0 0 Investments 7252000 Middle East and North Africa 2786 2 ,Program Services Recruiting/Academics 2786 Sub-Saharan Africa 13141 5 ,Program Services Recruiting/Academics 13141 North America (Canada & Mexico only) 14534 13 ,Program Services Recruiting/Academics 14534 Central America and the Caribbean 43666 7 ,Program Services Recruiting/Academics 43666 South Asia 53239 6 ,Program Services Recruiting/Academics 53239 South America 57941 7 ,Program Services Recruiting/Academics 57941 East Asia and the Pacific 77264 11 ,Program Services Recruiting/Academics 77264 Europe (Including Iceland and Greenland) 183872 15 ,Program Services Recruiting/Academics 183872 446443 66 0 0 446443 66 7698443 0 7698443 true false true true true false Oiler Golf Outing July 2019 95615 38500 57115 34200 35410 6300 9912 0 0 95615 38500 57115 34200 35410 6300 9912 85822 -28707 true PRESIDENT SCHOLARSHIPS 1142 15787518 TRUSTEE SCHOLARSHIPS 437 8495428 FEDERAL GRANTS 939 3211386 MEN'S ATHLETIC SCHOLARSHIPS 268 3378414 WOMEN'S ATHLETIC SCHOLARSHIPS 185 2281480 INTERNATIONAL SCHOLARSHIPS 164 1119119 OHIO GRANTS 395 1128750 ENDOWMENT SCHOLARSHIPS 814 1267739 OTHER SCHOLARSHIPS 3719 15042049 Dean's Scholarship 288 3002200 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. The financial aid office notifies students when our comprehensive endowment scholarship application goes live (first week of february). Once notified, students fill out an application to apply for the respective scholarship. If the scholarship is for a specific program, the dean or other faculty member for that program will review the applications and make recommendations to the financial aid office and who should receive the award. Financial aid verifies again if the student is still eligible for the award and issues the funds to the recommended students. The financial aid office monitors the use of the funds to ensure that they are used for their intended purpose. X X X true true X X X X false true false false false false false false false Katherine R Fell President 353528 0 0 0 1895 0 79750 0 56925 0 492098 0 0 0 Thomas Lause Treasurer 177731 0 0 0 0 0 0 0 17348 0 195079 0 0 0 Marcia Sloan Latta VP University Advancement 203840 0 0 0 2715 0 10226 0 9781 0 226562 0 0 0 Darin Fields VP Academic Affairs 180295 0 0 0 180 0 9450 0 24083 0 214008 0 0 0 David Emsweller VP of Student Affairs 155316 0 0 0 294 0 16547 0 19573 0 191730 0 0 0 Raymond McCandles VP of Information Technology 149621 0 0 0 1188 0 15759 0 18689 0 185257 0 0 0 Debra Parker Dean, College of Pharmacy 203252 0 0 0 0 0 21328 0 23705 0 248285 0 0 0 William Malone Associate Dean of Pharmacy 145169 0 0 0 396 0 15315 0 20079 0 180959 0 0 0 Richard States Dean, College of Health Professions 135719 0 0 0 0 0 13700 0 9471 0 158890 0 0 0 Tonya Dauterman Asst. Prof. of Pharmacy Practice, Assoc. Dean of External Affairs & Chair of Experiential Education 141663 0 0 0 130 0 8555 0 20275 0 170623 0 0 0 Schedule J, Part I, Line 1a Travel for companions THE PRESIDENT'S SPOUSE ACCOMPANIES HER ON EVENTS DEEMED TO BE A BONA FIDE BUSINESS PURPOSE FOR THE UNIVERSITY. AS SUCH, THESE ARE NOT CONSIDERED TAXABLE INCOME TO THE PRESIDENT. Schedule J, Part I, Line 1a Housing allowance or residence for personal use The President is required to live on campus as a condition of employment. This benefit is considered nontaxable pursuant to IRC Section 119. An estimated value of the benefit was reported for the president in the amount of $41,820. Schedule J, Part I, Line 1a Health or social club dues or initiation fees THE UNIVERSITY PAYS FOR THE DUES AND HOSPITALITY EXPENSES RELATED TO THE UNIVERSITY AT THE FINDLAY COUNTRY CLUB FOR THE PRESIDENT, VP OF BUSINESS AFFAIRS, VP OF UNIVERSITY ADVANCEMENT, AND ATHLETIC DIRECTOR TO CULTIVATE POTENTIAL DONORS. NO PART OF THE BENEFIT IS TREATED AS TAXABLE COMPENSATION. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan Dr. Katherine Fell, President, participated in one or more supplemental nonqualified retirement plans. The amount contributed to the plans during the year was $43,250. A OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756DTH9 2019-03-22 42123854 Current refunding of bonds issued: 3-6-2009 11-29-2012 5-5-2016 1-12-2017 11-9-2017 false false false B Blanchard Valley Port Authority 252586933 2017-08-30 6150000 ERP Financing false false false A 42123854 3146750 35589896 3387208 2019 true true true true B 803443 6150000 51946 6098054 2020 false false true true A false false false false 0.0 false false true B false false false false 0.0 false false true A false true false false false false true B false true false false false false false true A true B true KATHLEEN CRATES FAMILY MEMBER OF LYNN CHILD, TRUSTEE 60293 COMPENSATION false X 38 1218713 Other X 7 175110 Market value X Horse/Livestock 13 596000 Other X Miscellaneous Items 56 65831 Other 13 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - Number of Contributions Art - Works of art - Number of Contributions Other - Horse/Livestock Number of Contributions Other - Miscellaneous Items Number of Contributions Form 990, Part VI, Line 1a Delegate broad authority to a committee Article IV, Section 2: The Executive Committee shall exercise such powers as assigned to the Board of Trustees in emergency circumstances only, unless otherwise specifically assigned to the Board of Trustees in the Code of Regulations. The Committee shall provide general oversight and coordination appropriate to the duties of the Board itself, as needed, between meetings of the Board. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons Tod Beckett and C. Richard Beckett - Family relationship Form 990, Part VI, Line 11b Review of form 990 by governing body A final draft of the full Form 990, including all applicable schedules, was presented by our tax advisers to the audit committee. The presentation allows the committee and management to review and provide comments and explanations regarding changes to the redesigned form. The audit committee reviewed and approved the Form 990 on behalf of the entire governing body. This presentation was done on February 20, 2020. The full governing body received a copy of the full Form 990 electronically prior to the form being submitted electronically to the IRS. Form 990, Part VI, Line 12c Conflict of interest policy Board members, officers and key employees are required to annually disclose any conflicts of interests they may have with the organization. The Vice President of Business Affairs reviews each policy statement signed by these individuals to determine if any conflicts have occurred and need to be brought to the attention of the Board. If a conflict arises, the respective board member will abstain from any related discussion, vote or similar action on the matter. Form 990, Part VI, Line 15a Process to establish compensation of top management official The compensation committee has been given authority from the board to review and approve the compensation of the president and the treasurer (VP of Business Affairs) of the university. The compensation committee uses comparability data from higher education salary surveys, notable from the information published by College and University Professional Association for Human Resources (CUPA-HR). Once the compensation has been reviewed and approved the decision is documented within the compensation committee's minutes. The last review was performed in August 2018. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE COMPENSATION OF THE OFFICERS IS DETERMINED BY THE PRESIDENT. THE PRESIDENT USES COMPARABILITY DATA TO REVIEW COMPENSATION. THIS PROCESS WAS LAST UNDERTAKEN IN August 2018. Form 990, Part VI, Line 19 Required documents available to the public Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to Internal Revenue Code (IRC) Section 6104. These documents are not available to the public at this time. Form 990, Part VIII, Line 2f Other Program Service Revenue - Total Revenue: 302340, Related or Exempt Function Revenue: 302340, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part VIII, Line 11d Other Miscellaneous Revenue - Total Revenue: 4146033, Related or Exempt Function Revenue: 4146033, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Change in split interest agreements - 341268; CHARITABLE REMAINDER TRUSTS (3) INVESTMENTS OH NA Trust MILLSIX COMPANY 1000 NORTH MAIN STREET FINDLAY OH 45840 341081146 REAL ESTATE RENTAL OH UNIVERSITY OF FINDLAY S Corporation -907 35656 1 true false false false false false false false false false false true false false false false false false false false