2020-07-13T17:03:27-05:00 2019-05-31 570381582 ELLIOTT DAVIS LLCPLLC 500 EAST MOREHEAD STREET SUITE 700 CHARLOTTE NC 28202 990 2018-06-01 571088101 BJU INC BJUI 8642425100 1700 WADE HAMPTON BLVD GREENVILLE SC 29614 STEVEN J DICKINSON CFO 8642425100 2020-07-09 1 JANICE A RATICA P00358837 7043338881 2020-07-09 104.129.205.7 2020-07-09 14:49:09 ED P 99AFABE94547B544723E04EEA8F4500EFBDE7EE5 99AFABE94547B544723E04EEA8F4500EFBDE7EE5 2018 2020-09-23 17:36:50Z STEVEN J DICKINSON 1700 WADE HAMPTON BLVD GREENVILLE SC 29614 89049157 0 X WWW.BJU.EDU X 1999 SC BJU DELIVERS A CHRISTIAN EDUCATION THROUGH ITS ELEMENTARY SCHOOL AND UNIVERSITY. 21 20 2500 100 0 0 6194427 7831430 59766943 63387284 -204171 1908336 12140429 15164276 77897628 88291326 10693889 12955332 0 0 46028685 39842378 0 0 889950 32516342 36315796 89238916 89113506 -11341288 -822180 205319649 203816047 11630751 11387531 193688898 192428516 X BJU, INC. EXISTS TO GROW CHRISTLIKE CHARACTER IN ITS STUDENTS THAT IS SCRIPTURALLY DISCIPLINED, OTHERS-SERVING, GOD-LOVING, CHRIST-PROCLAIMING AND FOCUSED ABOVE. THIS MISSION IS CARRIED OUT THROUGH ITS PRE-SCHOOL, ELEMENTARY SCHOOL, AND HIGHER EDUCATION DIVISIONS.THE GENERAL NATURE AND OBJECT OF THE CORPORATION SHALL BE TO CONDUCT AN INSTITUTION OF LEARNING FOR THE GENERAL EDUCATION OF YOUTH IN THE ESSENTIALS OF CULTURE AND THE ARTS AND SCIENCES, GIVING SPECIAL EMPHASIS TO THE CHRISTIAN RELIGION AND THE ETHICS REVEALED IN THE HOLYSCRIPTURES; COMBATING ALL ATHEISTIC, AGNOSTIC, PAGAN AND SO-CALLED SCIENTIFIC ADULTERATIONS OF THE GOSPEL; UNQUALIFIEDLY AFFIRMING AND TEACHING THE INSPIRATION OF THE BIBLE (BOTH THE OLD AND THE NEW TESTAMENTS); THE CREATION OF MAN BY THE DIRECT ACT OF GOD; THE INCARNATION AND VIRGIN BIRTH OF OUR LORD AND SAVIOR, JESUS CHRIST; HIS IDENTIFICATION AS THE SON OF GOD; HIS VICARIOUS ATONEMENT FOR THE SINS OF MANKIND BY THE SHEDDING OF HIS BLOOD ON ON THE CROSS; 0 0 65013607 12955332 68756230 BJU, INC. SERVED AN AVERAGE OF 2855 STUDENTS SEEKING ASSOCIATE, BACHELOR, MASTER AND DOCTORATE DEGREES IN 75 PROGRAMS OF STUDY. 4723616 4595754 BJU, INC. SERVED AN AVERAGE OF 696 STUDENTS IN ITS ELEMENTARY SCHOOL (INFANT - GRADE 6). 69737223 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 1 3531 0 1 2500 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 21 20 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 0 0 SC X STEVEN J DICKINSON 8642425100 1700 WADE HAMPTON BLVD GREENVILLE SC 29614 DAWN AKAM TRUSTEE 1.00 X 0 0 0 GARY COBB TRUSTEE 1.00 X 0 0 0 SAM DAWSON TRUSTEE 1.00 X 0 0 0 PAUL KALMBACH TRUSTEE 1.00 X 0 0 0 SHAWN KOOK TRUSTEE 1.00 X 0 0 0 PAUL MATTHEWS TRUSTEE 1.00 X 0 0 0 JERRY MORGAN TRUSTEE 1.00 X 0 0 0 BRIAN PRIEST TRUSTEE 1.00 X 0 0 0 JEAN SAITO TRUSTEE 1.00 X 0 0 0 JERRY SIVNKSTY TRUSTEE 1.00 X 0 0 0 GARY THOMPSON TRUSTEE 1.00 X 0 0 0 KEITH WIEBE TRUSTEE 1.00 X 0 0 0 BRUCE WOODWORTH TRUSTEE 1.00 X 0 0 0 TIM STANLEY TRUSTEE 1.00 X 0 0 0 MARTY HERRON TRUSTEE THROUGH 8/2/2018 1.00 X 0 0 0 DAVID INNES SECRETARY THROUGH 4/5/2019 1.00 X 0 0 0 BUD STEADMAN TRUSTEE THROUGH 4/30/2019 1.00 X 0 0 0 BOB WILSON TRUSTEE THROUGH 2/26/2019 1.00 X 0 0 0 JOHN LEWIS CHAIRMAN 1.00 X 0 0 0 HANTZ BERNARD VICE CHAIRMAN/CHAIRMAN MARKETING & DEVELOPMENT 1.00 X 0 0 0 MIKE HARDING SECRETARY/TREASURER AND CHAIRMAN ACADEMIC COMMITTE 1.00 X 0 0 0 ED CONE CHAIRMAN FINANCE & AUDIT COMMITTEE 1.00 X 0 0 0 JOE HELM CHAIRMAN PERSONNEL & PLANT COMMITTEE 1.00 X 0 0 0 LARRY JACKSON CHAIRMAN STUDENT LIFE COMMITTEE 1.00 X 0 0 0 STEVE PETTIT CHIEF EXECUTIVE OFFICER 40.00 X X 151784 0 27161 GARY WEIER EVP ACADEMIC AFFAIRS 40.00 X 79969 0 26036 SAM HORN EVP MINISTERIAL ADVANCEMENT 40.00 X 77600 0 26036 ALAN BENSON VP STUDENT DEVELOPMENT AND DISCIPLESHIP 40.00 X 29377 0 7960 JOHN MATTHEWS VP ADVANCEMENT/ALUMNI RELATIONS 40.00 X 74279 0 25999 STEVE DICKINSON VP BUSINESS AND FINANCE 40.00 X 1470 0 2 BOBBY WOOD CHIEF ENROLLMENT OFFICER 40.00 X 70882 0 25939 KEVIN TAYLOR CHIEF HUMAN RESOURCES OFFICER 40.00 X 70939 0 16061 MARVIN REEM CHIEF INFORMATION OFFICER 40.00 X 68502 0 8471 KEN STILL CFO (THROUGH APRIL 2019) 40.00 X 71147 0 15517 MARSHALL FRANKLIN EVP FOR OPERATIONS THROUGH JULY 2018 40.00 X 77324 0 21935 STEVE HENSLEY CHIEF FACILITIES MANAGEMENT OFFICER (AUGUST 2018) 40.00 X 19467 0 1865 792740 0 202982 5 0 1 0 ARAMARK SERVICES INC 1101 MARKET STREET PHILADELPHIA PA 19107 FOOD SERVICE 5760907 GCA SERVICES GROUP INC 1414 LYNWOOD DR LANCASTER SC 29720 JANITORIAL 520881 DELL MARKETING LP 1 DELL WAY ROUND ROCK TX 78682 COMPUTERS 507398 J ARTHUR DAIL INC 6000 FAIRVIEW ROAD SUITE 1180 CHARLOTTE NC 28210 EMPLOYEE BENEFITS 494228 MAST SECURITY TECHNOLOGIES LLC 1605 LOCUST HILL RD GREER SC 29651 SECURITY 477537 45 196752 7634678 7831430 TUITION AND FEES - UNIVERSITY 611310 43507275 43507275 ROOM AND BOARD 611710 12143554 12143554 OTHER REVENUE 611710 4419212 4419212 TUITION AND FEES - ELEMENTARY SCH 611110 3317243 3317243 63387284 851809 851809 6289074 6289074 389165 121872 0 0 389165 121872 511037 511037 251358 1310680 496411 9100 -245053 1301580 1056527 1056527 34740 196752 67710 -32970 -32970 2810875 184610 2626265 2626265 MANAGEMENT FEE INCOME 900099 5770870 5770870 5770870 88291326 73351983 0 7107913 12955332 12955332 809520 618522 181080 9918 26215086 20029913 5864000 321173 335553 256383 75059 4111 10627067 8119723 2377147 130197 1855152 1417449 414975 22728 53843 46232 6154 1457 73790 63359 8434 1997 84324 84324 2168183 1861701 247816 58666 740877 118896 608553 13428 2324130 1296789 907481 119860 4969068 3340048 1619066 9954 1666262 918021 673079 75162 173649 60254 110208 3187 6657645 6262430 395215 923119 87069 836050 OPERATIONS AND MAINTENA 6667084 6468450 198634 0 OUTSIDE SERVICES 5113327 4448676 592175 72476 LICENSES AND DUES 2424572 783357 1621039 20176 REPAIRS AND MAINTENANCE 861261 106147 753027 2087 1414662 478472 912817 23373 89113506 69737223 18486333 889950 3713953 6207568 2014871 1952914 1908664 1528152 300243 177635 922938 1171837 167409513 14264623 156716274 153144890 15584280 15720599 23000000 23000000 1158426 912452 205319649 203816047 5169263 5141088 995022 1123015 712995 341187 4500000 4500000 253471 282241 11630751 11387531 X 175666280 172664459 4113210 5328241 13909408 14435816 193688898 192428516 205319649 203816047 -822180 -438203 0 X X 0 1 X 1 1 1 X 6994388 6206207 7831430 21032025 6994388 6206207 7831430 21032025 1313528 19718497 3182288 11989936 7651920 22824144 5805612 5805612 49661781 137363953 0.39710 0.39480 X PART 1, LINE 7 THE ORGANIZATION IS CLASSIFIED AS A PUBLIC CHARITY, A SCHOOL, IN ACCORDANCE WITH SECTION 170(B)(1)(A)(II) OF THE INTERNAL REVENUE CODE. HOWEVER, THE ORGANIZATION HAS ELECTED TO FOLLOW THE "SPECIAL RULE" FOR REPORTING CONTRIBUTIONS ON SCHEDULE B, WHICH PROVIDES THAT A 501(C)(3) ORGANIZATION THAT SATISFIES THE 33 1/3% SUPPORT TESTS OF SECTIONS 509(A)(1) AND 170(B)(1)(A)(VI) NEED ONLY DISCLOSE ON SCHEDULE B GIFTS FROM ANY ONE CONTRIBUTOR THAT TOTAL THE GREATER OF (1) $5,000 OR (2) 2% OF TOTAL CONTRIBUTIONS, GIFTS, GRANTS AND SIMILAR AMOUNTS RECEIVED. THEREFORE, THE ORGANIZATION HAS CHECKED SCHEDULE A, PART I, BOX 7 AND COMPLETED THE SUPPORT SCHEDULE IN PART II TO SUBSTANTIATE THAT IT MEETS THE PUBLIC SUPPORT TEST. THE ORGANIZATION CONTINUES TO QUALIFY AS A SCHOOL. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15104164 819141 281313 81433 16123185 14048414 79043 1019990 1019990 218049 13909408 14048414 75890 75890 14048414 0.00000 1.00000 0.00000 0 0 10240000 10240000 135129670 7613677 127515993 138086 3065 135021 15203543 5250794 9952749 6698214 1397087 5301127 153144890 STUDENT DRAWING ACCOUNTS 282241 282241 X 75065789 -438203 252321 -185882 75251671 84324 12955332 13039656 88291327 76326171 252321 252321 76073850 84324 12955332 13039656 89113506 PART X, LINE 2: BJU IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES TO THE EXTENT PROVIDED BY SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"). THE UNIVERSITY IS CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE IRC AND, AS SUCH, GIFTS TO THE UNIVERSITY QUALIFY FOR DEDUCTION AS CHARITABLE CONTRIBUTIONS. THE UNIVERSITY FOLLOWS THE PROVISIONS OF THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES TOPIC OF FASB ASC, WHICH ADDRESSES THE ACCOUNTING UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS AND PRESCRIBES A THRESHOLD OF MORE-LIKELY-THAN-NOT FOR RECOGNITION AND DE-RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT ALSO PROVIDES RELATED GUIDANCE ON MEASUREMENT CLASSIFICATION, INTEREST AND PENALTIES, AND DISCLOSURE. BJU HAS DETERMINED THAT IT HAS NO UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL AND DISCLOSURE AS OF MAY 31, 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED AGAINST REVENUE 184,610. FUNDRAISING EXPENSE NETTED AGAINST FUNDRAISING INCOME 67,711. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS NETTED AGAINST REVENUE 12,955,332. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED AGAINST REVENUE 184,610. FUNDRAISING EXPENSE NETTED AGAINST FUNDRAISING INCOME 67,711. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS NETTED AGAINST REVENUE 12,955,332. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 SEE PART II. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION PARTICIPATES IN STATE AND FEDERAL AID PROGRAMS WHEREBY STUDENTS RECEIVE FINANCIAL AID IN THE FORM OF TUITION GRANTS AND SCHOLARSHIPS. SCHEDULE E, PART I, LINE 3 - EXPLANATION OF NONDISCRIMINATION POLICY STUDENTS ENROLL AT BJU FROM ALL US STATES AND APPROXIMATELY 40 FOREIGN COUNTRIES. THEREFORE BJU DOES NOT USE NEWSPAPER OR BROADCAST MEDIA TO SOLICIT STUDENTS WITH THE EXCEPTION OF AN OCCASIONAL NEWSPAPER AD FOR A LOCAL COLLEGE FAIR WHERE THE RACIALLY NONDISCRIMINATORY POLICY IS INCLUDED. THE FOLLOWING NONDISCRIMINATORY STATEMENT IS INCLUDED IN UNDERGRADUATE AND GRADUATE CATALOGS, IN PRINT ADVERTISING AND ON THE APPLICATION PAGES OF BJU'S OFFICIAL WEBSITE, WWW.BJU.EDU: "STUDENTS OF ANY RACE, COLOR, AGE, SEX, NATIONAL OR ETHNIC ORIGIN, PROTECTED DISABILITY OR VETERAN STATUS ARE ADMITTED TO ALL THE RIGHTS, PRIVILEGES, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT BOB JONES UNIVERSITY. THE UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, AGE, SEX, NATIONAL OR ETHNIC ORIGIN, PROTECTED DISABILITY OR VETERAN STATUS IN ITS ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS." THE FOLLOWING NONDISCRIMINATORY STATEMENT IS INCLUDED IN THE STUDENT HANDBOOK, IN PRINT ADVERTISING, AND ON THE ADMISSIONS PAGES OF BOB JONES ACADEMY'S OFFICIAL WEBSITE, WWW.BOBJONESACADEMY.NET: "STUDENTS OF ANY RACE, COLOR, SEX, NATIONAL ORIGIN, OR PROTECTED DISABILITY ARE ADMITTED TO ALL THE RIGHTS, PRIVILEGES, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT BOB JONES ACADEMY. THE ACADEMY DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, SEX, NATIONAL ORIGIN, OR PROTECTED DISABILITY IN ITS ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, AND ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS." BJU PRESIDENTIAL BRIEFING 166382 166382 1365 16080 19860 423 1198 TITANIC GALA 32190 27550 4640 849 4384 3468 1 32920 2820 30100 700 3555 10956 4475 397 231492 196752 34740 700 4920 27036 25184 4807 5063 67710 -32970 1 STUDENT SCHOLARSHIPS - INSTRUCTIONAL AID 2251 12955332 X 1 1 X X X 0 0 0 0 0 0 0 0 0 STEVE PETTIT CHIEF EXECUTIVE OFFICER 151784 0 0 0 0 0 2193 0 24968 0 178945 0 0 0 SCHEDULE J, PART I, LINE 1A THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE ANNUAL BUDGET. INCLUDED IN THE ANNUAL BUDGET IS A DISCRETIONARY SPENDING AMOUNT FOR THE PRESIDENT. THE DISCRETIONARY ACCOUNT IS USED BY THE PRESIDENT TO FUND TRAVEL-RELATED EXPENSES, BJU-RELATED EVENTS, ETC. THE PRESIDENT'S OFFICE SUBMITS INVOICES AND EXPENSE REIMBURSEMENT FORMS (WITH PROPER SUPPORTING DOCUMENTATION) TO THE UNIVERSITY FOR PAYMENT AS REQUIRED. EXPENDITURES/REIMBURSEMENTS ARE MADE IN ACCORDANCE WITH THE UNIVERSITY'S DISBURSEMENT POLICIES AND PROCEDURES. STUDENTS 91385 TUITION WAIVER EDUCATION JARED STANLEY FAMILY MEMBER 36348 COMPENSATION WAS DETERMINED AT ARMS LENGTH AND FAIR MARKET VALUE. 0 BETH HORN FAMILY MEMBER 26420 COMPENSATION WAS DETERMINED AT ARMS LENGTH AND FAIR MARKET VALUE. 0 ERIN MATTHEWS FAMILY MEMBER 17615 COMPENSATION WAS DETERMINED AT ARMS LENGTH AND FAIR MARKET VALUE. 0 REBECCA WEIER FAMILY MEMBER 52312 COMPENSATION WAS DETERMINED AT ARMS LENGTH AND FAIR MARKET VALUE. 0 LARRY JACKSON JACKSON MARKETING GROUP INC 378237 MARKETING NEGOTIATED AT ARMS LENGTH AND IS LISTED AT FAIR MARKET VALUE. 0 X 1825 FAIR MARKET VALUE X 4 22336 FAIR MARKET VALUE X MUSICAL INSTRUMENT 1 750 FAIR MARKET VALUE X TECHNOLOGICAL EQUIPMENT 22 400 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 BJU PURCHASES MARKETING SERVICES FROM JACKSON MARKETING WHICH IS PRINCIPALLY OWNED BY LARRY JACKSON WHO IS A TRUSTEE. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S CHIEF FINANCIAL OFFICER AND THE FINANCE & AUDIT COMMITTEE OF THE BOARD OF TRUSTEES REVIEWED THE FORM 990 PRIOR TO FILING. THE FILED FORM 990, EXCLUDING SCHEDULE B, WAS PROVIDED ELECTRONICALLY TO THE ENTIRE BOARD OF TRUSTEES CONCURRENT WITH ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE RESPONSES TO CONFLICT OF INTEREST QUESTIONNAIRES ARE REVIEWED AND MAINTAINED TO IDENTIFY POTENTIAL CONFLICTS. IN THE EVENT OF A POTENTIAL CONFLICT, THE INTERESTED PERSON SHALL RECUSE HIMSELF/HERSELF FROM ALL DISCUSSIONS AND VOTE. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD, HAVING AVAILED ITSELF OF COMPARABLE INFORMATION FROM OTHER INSTITUTIONS OF SIMILAR SIZE AND ORGANIZATION, BELIEVES THAT THE COMPENSATION FOR THE CEO IS WELL BELOW MARKET AND HAS NOT YET IMPLEMENTED A FORMAL REVIEW PROCESS RELATIVE TO THE OTHER OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 DURING THE TAX YEAR, THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS WERE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGE FROM PRIOR YEAR.