2020-03-23T11:26:05-05:00 2019-06-30 421029744 TDT CPAS AND ADVISORS PC 317 HIGH AVE E OSKALOOSA IA 525772823 990 2018-07-01 420707120 WILLIAM PENN UNIVERSITY WILL 6416731001 201 TRUEBLOOD AVE OSKALOOSA IA 52577 BONNIE L JOHNSON CFO 6416731001 2020-03-23 true JOSEPH B RYAN CPA P00769873 6416722523 2020-03-23 52.38.98.93 2020-03-23 11:26:05 CD P D14515F2C9131908D69BFB4EADC9AFB1FF5F8D0E 786FA086BEBF708826A9673DA94973AE678AEB67 2018 2021-01-29 14:40:06Z JOHN OTTOSSON NORTH MARKET AND TRUEBLOOD AVE OSKALOOSA IA 52577 38983211 false X WWW.WMPENN.EDU X 1873 IA WILLIAM PENN UNIVERSITY PROVIDES THE OPPORTUNITY FOR AN EDUCATIONAL EXPERIENCE WITH A FOCUS ON LEADERSHIP, TECHNOLOGY, AND THE QUAKER PRINCIPLES OF SIMPLICITY, PEACE-MAKING, INTERGRITY, COMMUNITY AND EQUALITY. 21 19 792 50 -116939 6341009 8664177 30719251 29889554 157909 310292 -93774 -36400 37124395 38827623 14512928 14104807 0 10394629 10024653 0 305815 11946599 12953848 36854156 37083308 270239 1744315 77434582 76454511 54587500 52014756 22847082 24439755 WILLIAM PENN UNIVERSITY PROVIDES THE OPPORTUNITY FOR AN EDUCATIONAL EXPERIENCE WITH A FOCUS ON LEADERSHIP, TECHNOLOGY, AND THE QUAKER PRINCIPLES OF SIMPLICITY, PEACE-MAKING, INTERGRITY, COMMUNITY AND EQUALITY. false false 22760243 14104807 25511396 INSTRUCTION AND ACADEMIC SUPPORT PROVIDED TO 1,242 FULL AND PART-TIME STUDENTS. ALSO PROVIDED SCHOLARSHIPS AND GRANTS TO STUDENTS. 4319548 3733445 QUALITY FOOD SERVICES PROVIDED AT REASONABLE COST TO STUDENTS, FACULTY AND STAFF. SUPPORT AND MAINTENANCE OF STUDENT DORMITORIES ON CAMPUS, INCLUDING STAFFING RESIDENT ADVISORS AND VENDING SERVICES FOR STUDENTS. 6519737 644713 STUDENTS SERVICES, INCLUDING STUDENT DEVELOPMENT, ACADEMIC AND CAREER COUNSELING, INTERCOLLEGIATE ATHLETICS, FINANCIAL ASSISTANCE AND OTHER SERVICES, WAS PROVIDED TO 1,242 FULL AND PART TIME STUDENTS. COST OF SALES, SUPPORT AND MAINTENANCE OF CAMPUS BOOKSTORE FOR STUDENTS, FACULTY AND STAFF. 33599528 true true false true false false false true false true true false false true true true false true true false false false false false false false false false true true false false false false false false false true true false false false true true true true false false true 92 0 true 792 true true true false false false false true true false false false false false false X 21 19 true false false false false false false true true false false false true true true true true true true false X BONNIE JOHNSON 6416731001 NORTH MARKET AND TRUEBLOOD AVENUE OSKALOOSA IA 52577 DAVID AHMAD TRUSTEE 2.00 X 0 0 0 JOE P CROOKHAM VICE CHAIRMA 2.00 X X 0 0 0 RITA DAVIS TRUSTEE 2.00 X 0 0 0 KAYE DELANGE TRUSTEE 2.00 X 0 0 0 KEVIN DERONDE TRUSTEE 2.00 X 0 0 0 ANGELLA DURIAN-GAMBELL SECRETARY 40.00 X X 42177 0 17013 JERRY N ELLIS CHAIRMAN 2.00 X X 0 0 0 TOM FRANKS TRUSTEE 2.00 X 0 0 0 SYLIVA GRAVES TRUSTEE 2.00 X 0 0 0 CHRIS HYLAND TRUSTEE 2.00 X 0 0 0 IRVING JONES LEFT 1012019 TRUSTEE 2.00 X 0 0 0 REGINALD MARTIN TRUSTEE 2.00 X 0 0 0 GORDAN MOORE TRUSTEE 2.00 X 0 0 0 ERIC NICHOLS TRUSTEE 2.00 X 0 0 0 RUTH NEUBERT TRUSTEE 2.00 X 0 0 0 JOHN OTTOSSON PRESIDENT 40.00 X X 171038 0 18578 SAMUEL H RITCHIE TRUSTEE 2.00 X 0 0 0 ROBERT SCHULTZE TRUSTEE 2.00 X 0 0 0 TOM SHOWALTER TRUSTEE 2.00 X 0 0 0 ROBERT TALBOT LEFT 1012019 TRUSTEE 2.00 X 0 0 0 GUY VANDER LINDEN TRUSTEE 2.00 X 0 0 0 NOEL STAHLE VP OF ACADEM 40.00 X 108769 0 15591 BONNIE L JOHNSON CFO 40.00 X 120934 0 22393 442918 73575 3 false true false SODEXO SERVICES 4880 PAYSPHERE CIRCLE CHICAGO IL 60674 FOOD SERVICE 2065453 SODEXO FACILITIES INC 4880 PAYSPHERE CIRCLE CHICAGO IL 60674 FACILITIES 1280805 RUBEL ROOFING CO 6809 189TH ST ALBIA IA 52531 REPAIRS 149901 MAHASKA COMMUNICATIONS GROUP PO BOX 1038 OSKALOOSA IA 52577 MEDIA SERVICES 149079 4 323346 8340831 867537 8664177 STUDENT TUITION AND FEES 611600 25511396 25511396 BOARD 721310 1963923 1963923 ROOM 611710 1767374 1767374 OTHER PROGRAM INCOME 722210 602750 602750 BOOKS AND OTHER SUPPLIES 451211 40739 40739 3372 3372 29889554 257122 257122 43219 43219 75969 155588 -79619 -79619 -116939 37320 53170 53170 53170 53170 38827623 25511396 -116939 4768989 14104807 14104807 422469 422469 7495496 6469013 766996 259487 215798 191545 24253 1338311 1149314 188997 552579 454679 97900 14685 14685 70075 70075 114681 114448 233 54059 22610 24998 6451 2845259 2700942 144317 602398 538585 47422 16391 1683930 1667091 16839 1541684 1525776 15908 375005 375005 FOOD SERVICE CONTRACT 1668339 1668339 BAD DEBTS EXPENSE 1399331 1399331 MISCELLANEOUS 1008125 336993 671132 SUPPLIES 756269 599006 133777 23486 820008 282044 537964 37083308 33599528 3177965 305815 781170 1261870 402828 28995 1079407 1006191 3813190 3302973 430213 397308 81909099 30697017 51460767 51212082 2478276 2403095 1510000 1510000 15478731 15331997 77434582 76454511 3819883 3610128 834975 757150 750000 47572276 46013796 24200 24200 1586166 1609482 54587500 52014756 X 5436942 8330169 9483644 9254418 7926496 6855168 22847082 24439755 77434582 76454511 X 1744315 -151642 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false true 1086 false false false 1086 false 3043375 X X X false 6546099 44486 69286 108892 6550979 6282007 277068 147888 160864 6546099 6146187 48506 277152 189838 6282007 6389818 114878 144869 213640 6146187 6105023 105174 438077 258456 6389818 1.00000 false false 1242751 1242751 63326170 15843327 47482843 17340178 14853690 2486488 51212082 BENEFICIAL INTEREST IN PERTETUAL TRU 6862514 COLLECTIBLES 3043375 DEBT SERVICE FUND 2546819 REMAINDER INTEREST TRUSTS 1299636 LIBRARY BOOKS 654025 CONSTRUCTION IN PROGRESS 475935 LOAN INTEREST RECEIVABLE 449693 15331997 US GOVERNMENT GRANTS REFUNDABLE 1609482 1609482 X SCHEDULE D, PAGE 2, PART III, LINE 4 THE UNIVERSITY MAINTAINS A COLLECTION OF MIDDLE EAST ARTIFACTS AND A REPLICA OF THE JING YUNG BELL FOR PURPOSES OF PUBLIC EXHIBIT AND RESEARCH. SCHEDULE D, PAGE 2, PART V, LINE 4 ENDOWMENT FUNDS CONSIST OF APPROXIAMTELY 108 INDIVIDUAL FUNDS ESTABLISHED FOR SCHOLARSHIPS, GRANTS AND UNRESTRICTED PURPOSES FOR THE UNIVERSITY. ONLY REVENUE EARNED BY THE PORTFOLIO OF INVESTMENTS CAN BE USED FOR THE INTENDED PURPOSE. SCHEDULE D, PAGE 3, PART X THE UNIVERSITY HAS A TAX DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVIE STATING IT QUALIFIES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES. AS SUCH, THE UNVERSITY IS SUBJECT TO FEDERAL INCOME TAXES ONLY ON ANY NET UNRELATED BUSINESS INCOME UNDER THE PROVISIONS OF SECTION 511 OF THE INTERNAL REVENUE CODE. THE UNIVERSITY FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENICES IN EVALULATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETIRM THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE UNIVERSITY FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2019 AND 2018. THE UNIVERSITY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 NONDISCRIMINATION POLICY NOTED IN ALL PUBLIC ADVERTISING, UNIVERSITY CATALOGS AND FINANCIAL AID LITERATURE. SCHEDULE E, LINE 6 WE RECEIVE PELL AND SEOG GRANTS FROM THE FEDERAL GOVERNMENT. THE PELL GRANT IS AWARDED TO INDIVIDUAL STUDENTS BASED ON NEED WHICH IS DEFINED BY THE FEDERAL GOVERNMENT THROUGH THE FASFA APPLICATION. SEOG IS AWARDED BY THE INSTITUTION BASED ON NEED WHICH IS DERIVED FROM THE FASFA APPLICATION. WE ALSO RECEIVE DIRECT SUBSIDIZED AND UNSUBSIDIZED AND PLUS LOANS WHICH ARE DIRECT LOANS BETWEEN STUDENTS AND THE GOVERNMENT. THESE ARE AWARDED TO STUDENTS AND ARE DISBURSED AFTER AN APPLICATION PROCESS BETWEEN THE STUDENT AND THE GOVERNMENT. WE ALSO RECEIVE AN IOWA TUITION GRANT FROM THE STATE OF IOWA WHICH IS AWARDED TO INDIVIDUAL STUDENTS BASED ON NEED. WE ALSO RECEIVED VOCATIONAL REHAB GRANTS AND VA BENEFITS WHICH ARE AWARDED TO SPECIFIC STUDENTS BASED ON CRITERIA FROM THOSE ORGANIZATIONS. true INSTITUTION SCHOLARSHIPS 1097 13614619 CASH FEDERAL SEOG 715 455189 CASH VOCATIONAL REHAB GRANTS 11 34999 CASH SCHEDULE I, PAGE 1, PART I, LINE 2 THE UNIVERSITY HAS A FINANCIAL AID DEPARTMENT WHOSE STAFF IS TRAINED AND CONTINUOUSLY EDUCATED REGARDING FEDERAL FINANCIAL AID RULES AND REGULATIONS. THE STAFF OF THE UNIVERSITY DETERMINES THE FINANCIAL NEED OF THE STUDENT AND DETERMINES THE AMOUNT OF FINANCIAL ASSISTANCE THAT CAN BE AWARDED TO THE STUDENT BASED ON FEDERAL RULES AND REGULATIONS. THE FINANCIAL AID STAFF ALSO AWARDS GRANTS AND SCHOLARSHIPS BASED ON ENDOWED GIFTS THAT COMPLY WITH THE TERMS OF THE ENDOWED GIFTS. X true true X X X X false false false false false false false false false JOHN OTTOSSON PRESIDENT 171038 7117 11461 189616 MAHASKA COMM GROUP MCG SEE PART V 149079 PHONE, INTERNET false WHITNEY JOHNSON SEE PART V 31281 SCHOLARSHIP false SCHEDULE L, PART V SCHEDULE L, PART IV, LINE (1), COLUMN (B): MAHASKA COMMUNICATION GROUP (MCG) IS A WHOLLY OWNED SUBSIDIARY OF MUSCO CORPORATION. JOE CROOKHAM, BOARD OFFICER, AND HIS IMMEDIATE FAMILY ARE THE MAJORITY SHAREHOLDERS OF MUSCO CORPORATION. JOE CROOKHAM IS ALSO PRESIDENT AND CEO OF BOTH ENTITIES. WHITNEY JOHNSON IS THE DAUGHTER OF BONNIE JOHNSON, CFO. THE SCHOLARSHIP WAS DETERMINED IN ACCORDANCE WITH THE BENEFIT PLAN FOR EMPLOYEES AT THE UNIVERSITY. X 2 867537 X 2 false true false FORM 990, PAGE 6, PART VI, LINE 2 JOE CROOKHAM CHRIS HYLAND VICE CHAIR TRUSTEE BUSINESS RELATIONSHIP FORM 990, PAGE 6, PART VI, LINE 11B COPY OF FORM 990 WAS REVIEWED BY THE FINANCE COMMITTEE. FORM 990, PAGE 6, PART VI, LINE 12C EVERY BOARD MEMBER, ADMINISTRATOR, OR PERSON WHO HAS CONTROL OVER A BUDGET, COMPLETES A CONFLICT OF INTEREST FORM. THEY ARE REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 15A THE ORGANIZATION USED COMPARABLE DATA TO DETERMINE THE AMOUNT OF EXECUTIVE COMPENSATION FOR THE PRESIDENT AND OTHER OFFICERS AND TOP MANAGEMENT. FORM 990, PAGE 6, PART VI, LINE 15B THE ORGANIZATION USED COMPARABLE DATA TO DETERMINE THE AMOUNT OF EXECUTIVE COMPENSATION FOR THE PRESIDENT AND OTHER OFFICERS AND TOP MANAGEMENT. FORM 990, PAGE 6, PART VI, LINE 19 ARTICLES OF INCORPORATION AND BY-LAWS ARE AVAILABLE UPON REQUEST TO THE BUSINESS OFFICE OF THE ORGANIZATION. FORM 990, PART XI, LINE 9 SCHOLARSHIPS AND GRANTS -14,104,807 BOWLING CENTER LOSS -155,900 SCHOLARSHIPS AND GRANTS 14,104,807 BOWLING CENTER LOSS 155,900 WPU REAL ESTATE FOUNDATION LLC 201 TRUEBLOOD AVENUE OSKALOOSA IA 52577 474400135 REAL ESTAT IA WPU BLANCHE JOHNSON TRUST 124 SOUTH FIRST STREET OSKALOOSA IA 52577 426613277 RENTAL REA IA 501C3 12D NA false MAHASKA BOWLING & RECREATION INC 201 TRUEBLOOD AVE OSKALOOSA IA 52577 421442162 BOWLING IA WPU C CORP false false false true false false false false false false false false false false false false false false false false BLANCHE JOHNSON TRUST C FAIR VALUE