PFEIFFER UNIVERSITY: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- PFEIFFER UNIVERSITY (EIN 56-0529990)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2020-11-16
- IRS object ID
- 202043219349306739
- Schema version
- 2019v5.1
- 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 G
- Schedule I
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-16T10:43:24-06:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 570381582 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ELLIOTT DAVIS LLCPLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 EAST MOREHEAD STREET SUITE 700 | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 560529990 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PFEIFFER UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PFEI | BusinessNameControlTxt |
| Phone | 7044631360 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 960 | AddressLine1Txt |
| City | MISENHEIMER | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28109 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DR SCOTT W BULLARD | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7044631360 | PhoneNum |
| Signature | 2020-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JANICE A RATICA | PreparerPersonNm |
| PTIN | P00358837 | PTIN |
| Phone | 7043338881 | PhoneNum |
| Preparation | 2020-11-12 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 104.129.205.9 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-11-13 | IPDt |
| IP Tm | 11:18:44 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | ED2830208F9A1A7EFFCD1C844B12EBE0CC3BE764 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DR SCOTT W BULLARD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 960 | AddressLine1Txt |
| City | MISENHEIMER | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28109 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $47,838,407 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.PFEIFFER.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1938 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | PFEIFFER UNIVERSITY IS A COMPREHENSIVE UNITED METHODIST-RELATED UNIVERSITY, WITH MULTIPLE CAMPUSES AND DELIVERY SYSTEMS, COMMITTED TO EDUCATIONAL EXCELLENCE, SERVICE, AND SCHOLARSHIP. WITHIN NURTURING COMMUNITIES OF LEARNERS, WE VALUE DIVERSITY AND PROMOTE THE ATTAINMENT OF FULL ACADEMIC AND PERSONAL POTENTIAL THROUGH ACCESSIBLE UNDERGRADUATE AND GRADUATE PROGRAMS. IT IS THE VISION OF THE UNIVERSITY THAT OUR STUDENTS EMBRACE THE CHRISTIAN VALUES OF HUMAN DIGNITY, INTEGRITY, AND SERVICE AND BECOME SERVANT LEADERS AND LIFELONG LEARNERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 21 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 21 | VotingMembersIndependentCnt |
| Total Employee | 347 | TotalEmployeeCnt |
| Total Volunteers | 150 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,437,643 | PYContributionsGrantsAmt |
| CY Contributions Grants | $10,747,606 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $34,623,183 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $35,706,181 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,352,519 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,193,330 | CYInvestmentIncomeAmt |
| PY Other Revenue | $639,940 | PYOtherRevenueAmt |
| CY Other Revenue | $170,418 | CYOtherRevenueAmt |
| PY Total Revenue | $41,053,285 | PYTotalRevenueAmt |
| CY Total Revenue | $47,817,535 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $13,864,034 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $14,499,096 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $15,870,735 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $14,201,864 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $537,539 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $13,849,411 | PYOtherExpensesAmt |
| CY Other Expenses | $12,312,575 | CYOtherExpensesAmt |
| PY Total Expenses | $43,584,180 | PYTotalExpensesAmt |
| CY Total Expenses | $41,013,535 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$2,530,895 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $6,804,000 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $61,698,644 | TotalAssetsBOYAmt |
| Total Assets EOY | $68,487,600 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $45,356,946 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $46,085,664 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $16,341,698 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $22,401,936 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | PFEIFFER IS A GLOBALLY ENGAGED, REGIONAL UNIVERSITY DISTINCTIVE FOR ITS TRANSFORMATIONAL UNDERGRADUATE EXPERIENCES AND ITS LEADERSHIP IN PROFESSIONAL AND GRADUATE PROGRAMS THAT FILL DEMONSTRATED NEEDS. VESTED IN ITS HISTORY AS A UNITED METHODIST-RELATED UNIVERSITY, AND PROPELLED FORWARD BY AN INNOVATIVE FACULTY, PFEIFFER PREPARES ITS STUDENTS FOR A LIFETIME OF ACHIEVEMENT, SCHOLARSHIP, SPIRITUALITY, AND SERVICE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $33,720,401 | ExpenseAmt |
| Grant | $14,499,096 | GrantAmt |
| Revenue | $35,729,709 | RevenueAmt |
| Desc | IN THE 2019 AND 2020 SCHOOL YEAR, 150+ FACULTY, STAFF, AND STUDENTS PARTICIPATED VARIOUS SERVICE ACTIVITIES. IN THE SUMMER OF 2019, FOUR STUDENT INTERNS SERVED PFEIFFER'S HUNGER GARDEN. THESE STUDENTS PICKED VEGETABLES, DONATED TO THEIR BOUNTY TO LOCAL NON-PROFITS, AND FOCUSED EXPLICITLY ON CONNECTING WITH THE ELDERLY IN THE STANLY COUNTY COMMUNITY. THE PFEIFFER ANGEL TREE PROGRAM, AN ORGANIZATION THAT COLLECTS CHRISTMAS GIFTS FOR DISENFRANCHISED CHILDREN IN STANLY COUNTY, SERVICED OVER 80 FAMILIES IN THE WINTER OF 2019. PFEIFFER'S STANLY COUNTY, HABITAT FOR HUMANITY CHAPTER, GREW SIGNIFICANTLY WITH 24 STUDENT MEMBERS. HABITAT FOR HUMANITY VOLUNTEERS INCLUDED FACULTY, STAFF, AND STUDENTS AND THESE PARTICIPANTS VOLUNTEERED BIWEEKLY AT HOME SITES IN ROWAN AND STANLY COUNTY.FURTHER, STUDENTS VOLUNTEERED MONTHLY AT SPRING ARBOR ASSISTED LIVING, WHERE THEY PROVIDED RESIDENTS WITH EDUCATIONAL AND RECREATIONAL ACTIVITIES. STUDENTS ALSO PARTICIPATED IN AN MLK SERVICE DAY, WHERE OVER 30 STUDENT VOLUNTEERS CREATED BLESSING BAGS FOR THE HOMELESS COMMUNITY IN STANLY COUNTY AND SERVED AT A LOCAL NURSING HOME. FINALLY, STUDENTS VOLUNTEERED THE FOLLOWING ORGANIZATIONS OVER THE ACADEMIC YEAR: PAWS - HUMANE SOCIETY, SALISBURY/ROWAN PFLAG, SACC-SPECIAL OLYMPICS, SCHOOL OF EDUCATION.THE UNIVERSITY CHAPLAIN FOSTERED A RELATIONSHIP WITH CROSSROAD CONNECTION, A NEW NON-PROFIT IN RICHFIELD UMC THAT CONNECTS LOCAL ORGANIZATIONS, BUSINESSES, AND NEIGHBORS COMMITTED TO SEEKING COMMUNAL FLOURISHING IN THE AREAS OF FOOD, HEALTH, EDUCATION, AND RELATIONAL SUPPORT. PFEIFFER AND CROSSROADS CONNECTION WILL BE PARTNERING WITH THIS NEW ORGANIZATION IN THE FALL OF 2020. FURTHER, THREE PFEIFFER EMPLOYEES, INCLUDING THE DIRECTOR OF RESIDENCE LIFE, A PROFESSOR OF RELIGION, AND THE UNIVERSITY CHAPLAIN, NOW SIT ON THE BOARD OF STANLY COUNTY CHRISTIAN MINISTRIES, A MAJOR NON-PROFIT IN THE AREA SERVES THE BROADER PFEIFFER COMMUNITY. THESE CONNECTIONS ARE MEANINGFUL BECAUSE THEY ALLOW PFEIFFER AND THEIR CONSTITUENTS TO DIRECTLY CONTRIBUTE TO THE BROADER COMMUNITY'S NEEDS. IN MARCH OF 2020, PFEIFFER UNIVERSITY PIVOTED TO ONLINE LEARNING BECAUSE OF THE COVID-19 PANDEMIC. BECAUSE OF THIS CHANGE, SERVICE-RELATED ACTIVITIES HALTED FOR THE SAFETY OF STUDENTS, FACULTY, AND STAFF. IN THE 2020-2021 ACADEMIC YEAR, PFEIFFER WILL FOCUS ON VIRTUAL AND INDIVIDUAL IN-PERSON SERVICE EXPERIENCES. SOME OF THESE PROJECTS INCLUDE PROVIDING PERISHABLE NECESSITIES FOR DISENFRANCHISED STUDENTS AT RICHFIELD ELEMENTARY, PENPALLING WITH SHUT-INS IN STANLY COUNTY, AND PROVIDING BLESSING BAGS FOR HOMELESS RESIDENTS IN STANLY COUNTY. | Desc |
| Total Program Service Expenses | $33,720,401 | 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 |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| 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 | Yes (1) | 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 | 0 | 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 | 0 | 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 With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | 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 | 284 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 347 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| 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 | 21 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 21 | 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 | Yes (1) | 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 | NC | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROBIN S LESLIE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7044631360 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 48380 US HWY 52 | AddressLine1Txt |
| City | MISENHEIMER | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28109 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (35 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|
| DR SCOTT BULLARD | |||||||
| PRESIDENT | 40.00 | Yes (X) | $135,947 | $0 | $10,804 | ||
| DR TRACY ESPY | |||||||
| FORMER PROVOST/VP FOR ACADEMIC AFFAIRS | 40.00 | $127,732 | $0 | $18,210 | Yes (X) | ||
| BRENDA DIAZ | |||||||
| DIR OF PA PROGRAM | 40.00 | $126,891 | $0 | $18,173 | Yes (X) | ||
| ROBIN LESLIE | |||||||
| VP OF FINANCE/CFO | 40.00 | Yes (X) | $123,690 | $0 | $10,324 | ||
| ELIZABETH FAIN | |||||||
| DIRECTOR OF OCCUPATIONAL THERAPY/ASST. DEAN OF APP | 40.00 | $124,061 | $0 | $8,808 | Yes (X) | ||
| ROBERT J BRIETZ | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| JULIANNE BRITTAIN | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| ANNE DANIEL | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| ROGER L DICK | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| DEBORAH L FRECH | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| JOY T MELTON JD | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| BENNY MERRELL | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| DAVID B MILLER | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| T RANN PAYNTER | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| ALBERT L ROSE | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| ARCH Y STOKES | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| NATASHA SUBER | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| BONNIE N SUTHER | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| MARSHALL C ROGERS | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| RICK THAMES | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| LAURA H AUTEN | |||||||
| EX-OFFICIO | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| AIMEE BELLMORE | |||||||
| EX-OFFICIO, NON-VOTING | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| GRADY L GASTON | |||||||
| EX-OFFICIO | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| PAUL LEELAND | |||||||
| EX-OFFICIO | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| DELLA D RAINES | |||||||
| EX-OFFICIO | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| NANCY REIGEL | |||||||
| EX-OFFICIO | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| JULIA WILLIS | |||||||
| EX-OFFICIO | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| CHRISTOPHER L BRAMLETT | |||||||
| EMERITUS | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| THOMAS GRADY | |||||||
| EMERITUS | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| WILLIAM GRIGG | |||||||
| EMERITUS | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| H ROBERT HEROLD II | |||||||
| EMERITUS | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| WARREN D KNAPP JR | |||||||
| EMERITUS | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| RICHARD L PETTY | |||||||
| EMERITUS | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| GEORGE E THOMPSON | |||||||
| EMERITUS | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| GEORGE P WATERS | |||||||
| EMERITUS | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $638,321 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $66,319 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | 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 |
|---|---|---|---|---|---|
| STOKES CONSTRUCTION INC | |||||
| 618 NORTH SECOND ST | ALBEMARLE | NC | 28001 | CONTRACTOR | $9,660,630 |
| SODEXO FOOD SERVICE INC | |||||
| PO BOX 960 | MISENHEIMER | NC | 28109 | FOOD SERVICES | $2,475,678 |
| SODEXO INC & AFFILIATES | |||||
| PO BOX 536922 | ATLANTA | GA | 303536922 | MAINTENANCE SERVICES | $1,339,327 |
| UNIFIED TECHNOLOGY SYSTEMS | |||||
| 120 INTERSTATE N BLDG 300 SUITE 314 | ATLANTA | GA | 30339 | IT SERVICES | $741,151 |
| PRESIDIO TECHNOLOGY CAPITAL | |||||
| PO BOX 74390 | CHICAGO | IL | 60690 | IT SOLUTIONS PROVIDER | $701,085 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 24 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $12,250 | FundraisingAmt |
| Government Grants | $2,472,621 | GovernmentGrantsAmt |
| All Other Contributions | $8,262,735 | AllOtherContributionsAmt |
| Noncash Contributions | $4,061,643 | NoncashContributionsAmt |
| Total Contributions | $10,747,606 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION | 611310 | $29,281,469 | $29,281,469 |
| DORMITORY FEES | 611310 | $3,242,194 | $3,242,194 |
| FOOD SERVICES | 722100 | $2,602,328 | $2,602,328 |
| OTHER PROGRAM SERVICES | 900099 | $580,190 | $580,190 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $35,706,181 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,193,330 | TotalRevenueColumnAmt |
| Exclusion | $1,193,330 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $150,727 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $150,727 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $150,727 | TotalRevenueColumnAmt |
| Exclusion | $150,727 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $17,035 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $12,250 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $20,872 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$3,837 | TotalRevenueColumnAmt |
| Exclusion | -$3,837 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $9,787 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,787 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,787 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| RECOVERY OF BAD DEBT | 900099 | $11,731 | $11,731 |
| MISCELLANEOUS REVENUE | 900099 | $2,010 | $2,010 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $13,741 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $47,817,535 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $35,729,709 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,340,220 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,499,096 | TotalAmt |
| Program Services | $14,499,096 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $352,952 | TotalAmt |
| Program Services | $297,234 | ProgramServicesAmt |
| Management And General | $45,113 | ManagementAndGeneralAmt |
| Fundraising | $10,605 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,242,240 | TotalAmt |
| Program Services | $9,467,517 | ProgramServicesAmt |
| Management And General | $1,436,947 | ManagementAndGeneralAmt |
| Fundraising | $337,776 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,774,728 | TotalAmt |
| Program Services | $1,401,110 | ProgramServicesAmt |
| Management And General | $320,376 | ManagementAndGeneralAmt |
| Fundraising | $53,242 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $831,944 | TotalAmt |
| Program Services | $717,523 | ProgramServicesAmt |
| Management And General | $68,664 | ManagementAndGeneralAmt |
| Fundraising | $45,757 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,559 | TotalAmt |
| Management And General | $76,559 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,723,685 | TotalAmt |
| Program Services | $2,682,301 | ProgramServicesAmt |
| Management And General | $985,233 | ManagementAndGeneralAmt |
| Fundraising | $56,151 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $137,067 | TotalAmt |
| Program Services | $4,840 | ProgramServicesAmt |
| Management And General | $131,947 | ManagementAndGeneralAmt |
| Fundraising | $280 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $333,132 | TotalAmt |
| Program Services | $250,209 | ProgramServicesAmt |
| Management And General | $75,640 | ManagementAndGeneralAmt |
| Fundraising | $7,283 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $959,922 | TotalAmt |
| Program Services | $947,686 | ProgramServicesAmt |
| Management And General | $12,040 | ManagementAndGeneralAmt |
| Fundraising | $196 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,978,802 | TotalAmt |
| Program Services | $1,556,657 | ProgramServicesAmt |
| Management And General | $421,898 | ManagementAndGeneralAmt |
| Fundraising | $247 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $467,323 | TotalAmt |
| Program Services | $389,966 | ProgramServicesAmt |
| Management And General | $76,647 | ManagementAndGeneralAmt |
| Fundraising | $710 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $71,290 | TotalAmt |
| Program Services | $59,788 | ProgramServicesAmt |
| Management And General | $11,102 | ManagementAndGeneralAmt |
| Fundraising | $400 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $106,308 | TotalAmt |
| Program Services | $20,619 | ProgramServicesAmt |
| Management And General | $85,689 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,933,864 | TotalAmt |
| Program Services | $1,091,279 | ProgramServicesAmt |
| Management And General | $842,585 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $278,674 | TotalAmt |
| Program Services | $99,826 | ProgramServicesAmt |
| Management And General | $178,848 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| STUDENT BOARD | $1,743,619 | $1,743,619 | ||
| BAD DEBT EXPENSE | $166,030 | $166,030 | ||
| MEMBERSHIPS | $137,803 | $50,988 | $86,578 | $237 |
| SPECIAL EVENTS | $92,847 | $12,932 | $58,859 | $21,056 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $105,650 | TotalAmt |
| Program Services | $89,313 | ProgramServicesAmt |
| Management And General | $12,738 | ManagementAndGeneralAmt |
| Fundraising | $3,599 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,013,535 | TotalAmt |
| Program Services | $33,720,401 | ProgramServicesAmt |
| Management And General | $6,755,595 | ManagementAndGeneralAmt |
| Fundraising | $537,539 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $606,971 | BOYAmt |
| EOY | $3,948,320 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,964,448 | BOYAmt |
| EOY | $17,414,775 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,957,987 | BOYAmt |
| EOY | $2,763,672 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,048,008 | BOYAmt |
| EOY | $690,351 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $410,447 | BOYAmt |
| EOY | $270,023 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,283 | BOYAmt |
| EOY | $25,624 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,391 | BOYAmt |
| EOY | $63,163 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $67,826,909 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $30,300,666 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,013,573 | BOYAmt |
| EOY | $37,526,243 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,275,503 | BOYAmt |
| EOY | $5,211,705 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,889,726 | BOYAmt |
| EOY | $30,641 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $446,307 | BOYAmt |
| EOY | $543,083 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,698,644 | BOYAmt |
| EOY | $68,487,600 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,429,867 | BOYAmt |
| EOY | $4,698,504 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,612,448 | BOYAmt |
| EOY | $1,479,570 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,633,698 | BOYAmt |
| EOY | $37,861,203 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $118,474 | BOYAmt |
| EOY | $20,474 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,562,459 | BOYAmt |
| EOY | $2,025,913 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,356,946 | BOYAmt |
| EOY | $46,085,664 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$7,666,067 | BOYAmt |
| EOY | $2,587,473 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,007,765 | BOYAmt |
| EOY | $19,814,463 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,341,698 | BOYAmt |
| EOY | $22,401,936 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,698,644 | BOYAmt |
| EOY | $68,487,600 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $6,804,000 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $51 | NetUnrlzdGainsLossesInvstAmt |
| Investment Expense | -$76,559 | InvestmentExpenseAmt |
| Other Changes In Net Assets | -$667,254 | 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 |
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 |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $14,183,026 | BeginningYearBalanceAmt |
| Contributions | $735,638 | ContributionsAmt |
| Investment Earnings Or Losses | $396,137 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,116,771 | OtherExpendituresAmt |
| End Year Balance | $14,198,030 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $15,252,892 | BeginningYearBalanceAmt |
| Contributions | $532,240 | ContributionsAmt |
| Investment Earnings Or Losses | $670,616 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,272,722 | OtherExpendituresAmt |
| End Year Balance | $14,183,026 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $15,798,327 | BeginningYearBalanceAmt |
| Contributions | $1,148,377 | ContributionsAmt |
| Investment Earnings Or Losses | $1,239,188 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,933,000 | OtherExpendituresAmt |
| End Year Balance | $15,252,892 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $17,239,249 | BeginningYearBalanceAmt |
| Contributions | $214,116 | ContributionsAmt |
| Investment Earnings Or Losses | $2,213,744 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $3,868,782 | OtherExpendituresAmt |
| End Year Balance | $15,798,327 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $18,633,039 | BeginningYearBalanceAmt |
| Contributions | $282,268 | ContributionsAmt |
| Investment Earnings Or Losses | -$76,884 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $961,557 | GrantsOrScholarshipsAmt |
| Other Expenditures | $485,266 | OtherExpendituresAmt |
| Administrative Expenses | $152,351 | AdministrativeExpensesAmt |
| End Year Balance | $17,239,249 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00500 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.90300 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.09200 | TermEndowmentBalanceEOYPct |
| 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 | $1,381,873 | OtherCostOrOtherBasisAmt |
| Book Value | $1,381,873 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $37,493,619 | OtherCostOrOtherBasisAmt |
| Depreciation | $22,306,609 | DepreciationAmt |
| Book Value | $15,187,010 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,094,555 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,993,917 | DepreciationAmt |
| Book Value | $2,100,638 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $18,856,862 | OtherCostOrOtherBasisAmt |
| Depreciation | $140 | DepreciationAmt |
| Book Value | $18,856,722 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $37,526,243 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| SETTLEMENT LIABILITY | $1,225,000 |
| ANNUITIES PAYABLE | $11,499 |
| ADVANCES FROM FEDERAL GOVERNMENT | $789,414 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,025,913 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $33,262,752 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $20,872 | OtherRevenueAmt |
| Revenue Not Reported | $20,872 | RevenueNotReportedAmt |
| Revenue Subtotal | $33,241,880 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $76,559 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $14,499,096 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $14,575,655 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $47,817,535 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $26,458,752 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $20,872 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $20,872 | ExpensesNotReportedAmt |
| Expenses Subtotal | $26,437,880 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $76,559 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $14,499,096 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $14,575,655 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $41,013,535 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | FRAMED ORIGINAL PHOTOGRAPH OF DR. MARTIN LUTHER KING, JR. AND DR. VERNON MACK HERRON THE MARCH FROM SELMA TO MONTGOMERY, AL IN 1965. ALSO, INCLUDED IS A GENEOLOGY COLLECTION OF BOOKS, DOCUMENTS AND MEMORABILIA FROM DR. HERRON THESE INCLUDE HIS WRITINGS ON THE CIVIL RIGHTS MOVEMENT. |
| PART X, LINE 2: | THE UNIVERSITY IS A TAX-EXEMPT ENTITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE CAMPUS IS A SINGLE MEMBER LIMITED LIABILITY COMPANY AND IS THEREFORE DISREGARDED FOR INCOME TAX PURPOSES. ACCORDINGLY, THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. THE UNIVERSITY HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF JUNE 30, 2020 AND 2019. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSE NETTED AGAINST REVENUE 20,872. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS 14,499,096. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSE NETTED AGAINST REVENUE 20,872. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS 14,499,096. |
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 UNIVERSITY INCLUDES THE RACIALLY NON-DISCRIMINATORY POLICY IN ALL ITS BROCHURES, CATALOGUES AND OTHER WRITTEN COMMUNICATIONS WITH THE PUBLIC THAT RELATE TO STUDENT ADMISSIONS, PROGRAMS, AND SCHOLARSHIPS. |
| SCHEDULE E, PART I, LINE 6 | EXPENDITURES OF FEDERAL AWARDS SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT, FEDERAL DIRECT LOAN PROGRAM, FEDERAL WORK STUDY, PELL GRANT PROGRAM, FEDERAL PERKINS LOAN PROGRAM. EXPENDITURES OF STATE AWARDS NC NEED-BASED SCHOLARSHIP PROGRAM, NC FORGIVEABLE EDUCATION LOANS FOR SERVICE, GOLDEN LEAF SCHOLARS PROGRAM. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | HC BLACK & GOLD GALA | Event1Nm |
| Gross Receipts Event1 | $29,285 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $12,250 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $17,035 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $10,717 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $5,946 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $1,839 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $2,370 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $29,285 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $12,250 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $17,035 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $10,717 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $5,946 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $1,839 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $2,370 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $20,872 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$3,837 | 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 | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 1119 | RecipientCnt |
| Cash Grant | $14,499,096 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | SCHOLARSHIPS ARE MONITORED EACH YEAR BY FINANCIAL AID IN CONJUNCTION/CONSULTATION WITH THE ADVANCEMENT DEPARTMENT. | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BARRY KEITH | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | FAMILY MEMBER OF OFFICER | RelationshipDescriptionTxt |
| Transaction | $18,412 | TransactionAmt |
| Transaction | COMPENSATION FOR SERVICES. COMPENSATION IS NEGOTIATED AT ARM'S LENGTH AND IS AT FAIR MARKET VALUE. | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Clothing And Household Goods ClothingAndHouseholdGoodsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $8,120 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 5 | ContributionCnt |
| Noncash Contributions Rpt F990 | $25,050 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Real Estate Residential RealEstateResidentialGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $4,000,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | TAX RECORD | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (4 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | MISCELLANEOUS | 82 | $16,793 | COST |
| Yes (X) | SOFTBALL FIELD MATERIALS | 4 | $7,179 | COST |
| Yes (X) | SOFTBALL EQUIPMENT | 1 | $2,500 | COST |
| Yes (X) | USED COMPUTERS | 20 | $2,000 | COST |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 1 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 32B: | FormAndLineReferenceDesc |
| Explanation | PFEIFFER UNIVERSITY CONTRACTS WITH AN ONLINE AUCTION COMPANY FOR ASSISTANCE WITH THE ANNUAL HOMECOMING AUCTION. THE COMPANY PROVIDES A SPECIFIC WEB ADDRESS WHERE CONSTITUENTS CAN BID ONLINE AND PROVIDE MAXIMUM BIDS PRIOR TO THE LIVE AUCTION AT HOMECOMING. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | PFEIFFER UNIVERSITY'S FORM 990 IS SENT TO THE PRESIDENT, CFO, AND ALL BOARD OF TRUSTEE MEMBERS FOR INDIVIDUAL REVIEW BEFORE THE RETURN IS SUBMITTED. THE FINANCE COMMITTEE WILL REVIEW IN DETAIL AT A SCHEDULED MEETING PRIOR TO SUBMISSION. |
| FORM 990, PART VI, SECTION B, LINE 12C | PFEIFFER UNIVERSITY REQUIRES ALL TRUSTEES TO COMPLETE A CONFLICTS OF INTEREST FORM ANNUALLY, WHICH IS REVIEWED BY THE PRESIDENT'S OFFICE. IN THE EVENT OF A POTENTIAL CONFLICT DURING THE YEAR, THE INTERESTED PERSON SHALL RECUSE HIMSELF/HERSELF FROM DISCUSSIONS AND VOTE ON THE MATTER. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES OR FINANCE COMMITTEE ANNUALLY REVIEWS COMPARABLE EXTERNAL DATA AND BENCHMARKS, AS WELL AS PERFORMANCE IN DETERMINING APPROPRIATE COMPENSATION. THE DECISION IS DOCUMENTED IN THE BOARD MINUTES. |
| FORM 990, PART VI, SECTION C, LINE 18 | THE ORGANIZATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). |
| FORM 990, PART XI, LINE 9: | CHANGE IN ANNUITY VALUATION 82,415. CHANGE IN CSV 8,133. INVESTMENT GAIN ON PLANT -27,413. DEFICIENCY OF ACTUAL INVESTMENT RETURN -730,389. |
| FORM 990, PART XII, LINE 2C | THE PROCESS HAS NOT CHANGED FROM THE PRIOR PERIOD. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAMPUS AT PFEIFFER LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4701 PARK ROAD | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28209 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 205671256 | EIN |
| Primary Activities | CAMPUS CAPITAL PROJECTS | PrimaryActivitiesTxt |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Total Income | $0 | TotalIncomeAmt |
| End Of Year Assets | $0 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PFEIFFER UNIVERSITY | BusinessNameLine1Txt |