2020-07-14T14:08:15-05:00 2019-06-30 231144520 TAIT WELLER & BAKER LLP TWO LIBERTY PL 50 S 16TH ST STE 2900 PHILADELPHIA PA 191022529 990 2018-07-01 231382408 UNIVERSITY OF VALLEY FORGE OF THE ASSEMBLIES OF GOD UNIV 6109350450 1401 CHARLESTOWN ROAD PHOENIXVILLE PA 19460 FRANK VIOLA VICE PRESIDENT OF FINANCE 6109350450 2020-07-14 1 STACY CULLEN P00974308 2159798800 2020-07-14 73.197.240.60 2020-07-14 14:08:11 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 9CA5151C01E3019CBD572A3B206599F7FE171262 2018 2021-01-29 14:40:06Z REV DAVID KIM 1401 CHARLESTOWN ROAD PHOENIXVILLE PA 19460 18273738 0 X WWW.VALLEYFORGE.EDU X 1939 PA TO PREPARE INDIVIDUALS FOR A LIFE OF SERVICE AND LEADERSHIP IN THE CHURCH AND IN THE WORLD 18 18 520 23 0 0 1289391 2395957 17847505 15181165 4395 -645817 184925 132691 19326216 17063996 5031949 4656642 0 0 6968763 6750247 0 0 63310 10391610 8324263 22392322 19731152 -3066106 -2667156 42252947 38994847 33196032 33527396 9056915 5467451 TO PREPARE INDIVIDUALS FOR A LIFE OF SERVICE AND LEADERSHIP IN THE CHURCH AND IN THE WORLD 0 0 18349223 4656642 15181165 UNIVERSITY OF VALLEY FORGE IS A REGIONALLY ACCREDITED CHRISTIAN UNIVERSITY OF ARTS, SCIENCES, AND PROFESSIONS OFFERING UNDERGRADUATE AND GRADUATE MAJORS. THE UNIVERSITY PROVIDES INSTRUCTIONAL SERVICES TO DEGREE-SEEKING STUDENTS AS WELL AS HOUSING, FOOD SERVICES, AND OTHER STUDENT SERVICES. THE UNIVERSITY SERVED APPROXIMATELY 1,000 STUDENTS THROUGH ITS MAIN CAMPUS, EXTENSION SITES, AND ONLINE PROGRAMS. 18349223 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 52 0 1 520 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X FRANK VIOLA 6109350450 1401 CHARLESTOWN ROAD PHOENIXVILLE PA 19460 NOREEN BERMUDEZ TRUSTEE 1.00 X 0 0 0 REV CARL COLLETTI CHAIR 1.00 X X 0 0 0 REV DOMINICK COTIGNOLA TRUSTEE 1.00 X 0 0 0 DR DUANE DURST TRUSTEE 1.00 X 0 0 0 REV SCOTT GIORDANO TRUSTEE 1.00 X 0 0 0 REV FABIAN KALAPUCH TRUSTEE 1.00 X 0 0 0 REV ELLY MARROQUIN TRUSTEE 1.00 X 0 0 0 DOLLY MARTINEZ TRUSTEE 1.00 X 0 0 0 RICHARD SAWCHAK CHAIR OF FINANCE COM. 1.00 X 0 0 0 JORGE ARROYO TRUSTEE 1.00 X 0 0 0 GAVIN BROWN TRUSTEE 1.00 X 0 0 0 DAVID BURTON JR TRUSTEE 1.00 X 0 0 0 ADELE DEMORO TRUSTEE 1.00 X 0 0 0 DONALD IMMEL TRUSTEE 1.00 X 0 0 0 JOHN PAPROSKI TRUSTEE 1.00 X 0 0 0 REV HEATH MCCOY TRUSTEE 1.00 X 0 0 0 REV LEE ROGERS TRUSTEE 1.00 X 0 0 0 DR RICK ROSS TRUSTEE 1.00 X 0 0 0 JENNIFER GALE VP STUDENT LIFE 40.00 X 60105 0 8862 REV DAVID KIM PRESIDENT 40.00 X 118580 0 8862 DR JEROME DOUGLAS VICE PRESIDENT 40.00 X 80737 0 4040 TERESA JOHN VP FINANCE 40.00 X 27506 0 2589 DR TODD GUEVIN VP INSTITUTIONAL EFFECTIVE 40.00 X 92896 0 2748 379824 0 27101 1 0 0 0 SODEXO CAMPUS SERVICES PO BOX 360170 PITTSBURGH PA 15251 FOOD SERVICE 802623 JENZABAR 101 HUNTINGTON AVE SUITE 2200 BOSTON MA 02199 EDUCATIONAL SOFTWARE 130256 2 67224 2328733 345285 2395957 TUITION AND FEES 611600 11352365 11352365 AUXILIARY ENTERPRISES 611600 3741211 3741211 OTHER 900099 87589 87589 15181165 990 990 47219 0 47219 47219 47219 562935 1209742 -646807 -646807 -646807 QUITCLAIM DEED AMORTIZATION 900099 85472 85472 85472 17063996 15313856 0 -645817 4656642 4656642 495500 447998 43065 4437 5508055 4980014 478718 49323 437780 280474 152848 4458 308912 275987 29399 3526 33348 33348 72448 72448 85108 84551 557 104284 104284 1272965 853174 418930 861 667988 638055 29933 1236185 1203777 32408 166664 138994 26965 705 9041 9041 1492973 1492973 1325183 1325183 142253 142253 DINING SERVICES 1252043 1252043 COLLEGE STORE 12233 12233 451547 451547 19731152 18349223 1318619 63310 324782 282861 468221 547188 447100 0 454286 213378 199448 39650 26962 16860 6909 0 61878457 24004814 40289001 37873643 14971 0 21267 21267 42252947 38994847 1793312 2934916 296313 204407 29337128 28849103 1769279 1538970 33196032 33527396 X 5342159 2253052 1273242 740363 2441514 2474036 9056915 5467451 42252947 38994847 X -2667156 -922308 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2633225 32522 2665747 2633381 36139 17119 53414 2633225 3128639 62427 95339 67024 2633381 2939879 154473 92091 57804 3128639 2671844 235471 81062 48988 2939879 1.00000 0 0 2080000 2080000 647836 51643444 17291488 34999792 7507177 6713326 793851 37873643 FED'L GOV'T QUITCLAIM DEEDS RESTRICT 1225338 ACCRUED WAGES AND PAYROLL TAXES 225280 US GOV'T LOAN FUND REFUNDABLE 62193 DEPOSITS HELD IN CUSTODY OF OTHERS 26159 1538970 12407354 0 12407354 4656642 4656642 17063996 15074510 0 15074510 4656642 4656642 19731152 PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS RECLASSIFICATION 4,656,642. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS RECLASSIFICATION 4,656,642. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE POLICY APPEARS IN RECRUITMENT MATERIAL AND THE COLLEGE CATALOG. DURING REGISTRATION, THE POLICY IS AVAILABLE IN THE STUDENT HANDBOOK. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES PHEAA MONEY ON AN ANNUAL BASIS. THE STUDENTS OF THE COLLEGE RECEIVE TITLE IV FUNDS IN CONNECTION WITH THE COST OF EDUCATION. IN CONNECTION WITH ADMINISTERING TITLE IV FUNDS, THE COLLEGE RECEIVES AN ADMINISTRATIVE COST ALLOWANCE. 0 FINANCIAL AID AND SCHOLARSHIPS 785 4656642 X 1 345285 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED AND PRESENTED TO THE FINANCE COMMITTEE OF THE BOARD WHO REVIEWED THE COMPLETED FORM AND RECOMMENDED ACCEPTANCE TO THE FULL BOARD. THE FULL BOARD RECEIVED THE REPORT FROM THE FINANCE COMMITTEE CHAIRMAN AND VOTED TO ACCEPT THE FORM 990 AS PREPARED. FORM 990, PART VI, SECTION B, LINE 12C THE COLLEGE ANNUALLY REQUIRES EACH MEMBER OF THE BOARD OF TRUSTEES, EACH VICE PRESIDENT AND EACH DIRECTOR TO FILL OUT A CONFLICT OF INTEREST DISCLOSURE FORM. FORM 990, PART VI, SECTION B, LINE 15 PERIODICALLY THE FINANCE COMMITTEE REVIEWS COMPENSATION DATA FOR THE CEO AND KEY EMPLOYEES IN RELATION TO DATA FROM PEER INSTITUTIONS FROM 990S AND CHRONICLE OF HIGHER EDUCATION COMPARABLE SIZE AND REGIONAL DATA. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE MAKES THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST AT THE ADMINISTRATIVE OFFICES AT THE MAIN CAMPUS IN PHOENIXVILLE, PENNSYLVANIA. FORM 990, PART XI, LINE 9: NET LOSS FROM DISCONTINUED OPERATIONS -475,208. WRITE-OFF OF UNCONDITIONAL PROMISE TO GIVE -447,100.