UNIVERSITY OF VALLEY FORGE OF THE ASSEMBLIES OF GOD: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF VALLEY FORGE OF THE ASSEMBLIES OF GOD (EIN 23-1382408)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2019-05-15
- IRS object ID
- 201911359349303976
- Schema version
- 2017v2.3
- 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 I
- Schedule L
- Schedule M
- Schedule O
- Reasonable Cause Explanation
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-15T10:32:26-05:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 231144520 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TAIT WELLER & BAKER LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | TWO LIBERTY PL 50 S 16TH ST STE | AddressLine1Txt |
| Address Line2 | 2900 | AddressLine2Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 191022529 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231382408 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF VALLEY FORGE OF THE | BusinessNameLine1Txt |
| Business Name Line2 | ASSEMBLIES OF GOD | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | UNIV | BusinessNameControlTxt |
| Phone | 6109350450 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1401 CHARLESTOWN ROAD | AddressLine1Txt |
| City | PHOENIXVILLE | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19460 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | REV DAVID KIM | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6109350450 | PhoneNum |
| Signature | 2019-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | STACY CULLEN | PreparerPersonNm |
| PTIN | P00974308 | PTIN |
| Phone | 2159798800 | PhoneNum |
| Preparation | 2019-05-15 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 50.239.110.162 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-05-15 | IPDt |
| IP Tm | 11:32:16 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 9F90DD8A088C3333434B10B0201CF9BEF458A364 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 9F90DD8A088C3333434B10B0201CF9BEF458A364 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | REV DAVID KIM | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1401 CHARLESTOWN ROAD | AddressLine1Txt |
| City | PHOENIXVILLE | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19460 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $19,326,216 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.VALLEYFORGE.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1939 | FormationYr |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Activity Or Mission | TO PREPARE INDIVIDUALS FOR A LIFE OF SERVICE AND LEADERSHIP IN THE CHURCH AND IN THE WORLD | ActivityOrMissionDesc |
| Voting Members Governing Body | 16 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 16 | VotingMembersIndependentCnt |
| Total Employee | 545 | TotalEmployeeCnt |
| Total Volunteers | 30 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,425,519 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,289,391 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $19,511,103 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $17,847,505 | CYProgramServiceRevenueAmt |
| PY Investment Income | $128,230 | PYInvestmentIncomeAmt |
| CY Investment Income | $4,395 | CYInvestmentIncomeAmt |
| PY Other Revenue | $151,629 | PYOtherRevenueAmt |
| CY Other Revenue | $184,925 | CYOtherRevenueAmt |
| PY Total Revenue | $21,216,481 | PYTotalRevenueAmt |
| CY Total Revenue | $19,326,216 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $4,550,095 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $5,031,949 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $7,120,644 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $6,968,763 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $68,823 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $12,299,090 | PYOtherExpensesAmt |
| CY Other Expenses | $10,391,610 | CYOtherExpensesAmt |
| PY Total Expenses | $23,969,829 | PYTotalExpensesAmt |
| CY Total Expenses | $22,392,322 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$2,753,348 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$3,066,106 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $44,475,856 | TotalAssetsBOYAmt |
| Total Assets EOY | $42,252,947 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $31,888,634 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $33,196,032 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $12,587,222 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $9,056,915 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PREPARE INDIVIDUALS FOR A LIFE OF SERVICE AND LEADERSHIP IN THE CHURCH AND IN THE WORLD | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $20,845,024 | ExpenseAmt |
| Grant | $5,031,949 | GrantAmt |
| Revenue | $17,847,505 | RevenueAmt |
| Desc | 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. | Desc |
| Total Program Service Expenses | $20,845,024 | 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 | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| 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 | 0 | 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 | 0 | 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 With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | 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 | 52 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 545 | 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 |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 16 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 16 | 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 |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRANK VIOLA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6109350450 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1401 CHARLESTOWN ROAD | AddressLine1Txt |
| City | PHOENIXVILLE | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19460 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| NOREEN BERMUDEZ | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| REV CARL COLLETTI | ||||||
| CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| REV DOMINICK COTIGNOLA | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DR DUANE DURST | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| REV SCOTT GIORDANO | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| REV FABIAN KALAPUCH | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| REV ELLY MARROQUIN | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DOLLY MARTINEZ | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| RICHARD SAWCHAK | ||||||
| CHAIR OF FINANCE COM. | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JORGE ARROYO | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| GAVIN BROWN | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID BURTON | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ADELE DEMORO | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DONALD IMMEL | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JOHN PAPROSKI | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| REV DOUG SAYERS | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JENNIFER GALE | ||||||
| VP STUDENT LIFE | 40.00 | $66,204 | $0 | $8,862 | Yes (X) | |
| REV DAVID KIM | ||||||
| PRESIDENT | 40.00 | $115,165 | $0 | $8,862 | Yes (X) | |
| DR JEROME DOUGLAS | ||||||
| VICE PRESIDENT | 40.00 | $83,147 | $0 | $4,040 | Yes (X) | |
| DR TODD GUEVIN | ||||||
| VP INSTITUTIONAL EFFECTIVENESS | 40.00 | $98,198 | $0 | $2,748 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $362,714 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $24,512 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SODEXO CAMPUS SERVICES | |||||
| PO BOX 360170 | PITTSBURGH | PA | 15251 | FOOD SERVICE | $1,017,293 |
| JENZABAR | |||||
| 101 HUNTINGTON AVE SUITE 2200 | BOSTON | MA | 02199 | EDUCATIONAL SOFTWARE | $121,083 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $184,375 | GovernmentGrantsAmt |
| All Other Contributions | $1,105,016 | AllOtherContributionsAmt |
| Noncash Contributions | $281,520 | NoncashContributionsAmt |
| Total Contributions | $1,289,391 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611600 | $13,506,443 | $13,506,443 |
| AUXILIARY ENTERPRISES | 611600 | $4,223,598 | $4,223,598 |
| OTHER | 900099 | $117,464 | $117,464 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $17,847,505 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,395 | TotalRevenueColumnAmt |
| Exclusion | $4,395 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $99,453 | 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 | $99,453 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $99,453 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $99,453 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | QUITCLAIM DEED AMORTIZATION | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $85,472 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $85,472 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $85,472 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $19,326,216 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $18,032,430 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,395 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,031,949 | TotalAmt |
| Program Services | $5,031,949 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $444,629 | TotalAmt |
| Program Services | $412,500 | ProgramServicesAmt |
| Management And General | $28,782 | ManagementAndGeneralAmt |
| Fundraising | $3,347 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,827,130 | TotalAmt |
| Program Services | $5,406,061 | ProgramServicesAmt |
| Management And General | $377,204 | ManagementAndGeneralAmt |
| Fundraising | $43,865 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $368,535 | TotalAmt |
| Program Services | $271,277 | ProgramServicesAmt |
| Management And General | $93,273 | ManagementAndGeneralAmt |
| Fundraising | $3,985 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $328,469 | TotalAmt |
| Program Services | $298,958 | ProgramServicesAmt |
| Management And General | $26,661 | ManagementAndGeneralAmt |
| Fundraising | $2,850 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,064 | TotalAmt |
| Management And General | $42,064 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $277,717 | TotalAmt |
| Management And General | $277,717 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $86,482 | TotalAmt |
| Program Services | $84,507 | ProgramServicesAmt |
| Management And General | $1,975 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $86,847 | TotalAmt |
| Program Services | $86,847 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,460,080 | TotalAmt |
| Program Services | $1,123,331 | ProgramServicesAmt |
| Management And General | $323,658 | ManagementAndGeneralAmt |
| Fundraising | $13,091 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $472,014 | TotalAmt |
| Program Services | $424,501 | ProgramServicesAmt |
| Management And General | $47,513 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,999,048 | TotalAmt |
| Program Services | $1,832,210 | ProgramServicesAmt |
| Management And General | $166,838 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $307,743 | TotalAmt |
| Program Services | $216,213 | ProgramServicesAmt |
| Management And General | $89,845 | ManagementAndGeneralAmt |
| Fundraising | $1,685 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,933 | TotalAmt |
| Program Services | $19,988 | ProgramServicesAmt |
| Management And General | $2,945 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,525,615 | TotalAmt |
| Program Services | $1,525,615 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,475,249 | TotalAmt |
| Program Services | $1,475,249 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,525 | TotalAmt |
| Program Services | $152,525 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| DINING SERVICES | $1,436,783 | $1,436,783 |
| BAD DEBT EXPENSE | $816,583 | $816,583 |
| COLLEGE STORE | $15,910 | $15,910 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $214,017 | TotalAmt |
| Program Services | $214,017 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,392,322 | TotalAmt |
| Program Services | $20,845,024 | ProgramServicesAmt |
| Management And General | $1,478,475 | ManagementAndGeneralAmt |
| Fundraising | $68,823 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $279,211 | BOYAmt |
| EOY | $324,782 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $379,349 | BOYAmt |
| EOY | $468,221 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $647,100 | BOYAmt |
| EOY | $447,100 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $686,154 | BOYAmt |
| EOY | $454,286 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $214,346 | BOYAmt |
| EOY | $199,448 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,304 | BOYAmt |
| EOY | $26,962 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,832 | BOYAmt |
| EOY | $6,909 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $63,338,556 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $23,049,555 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,128,686 | BOYAmt |
| EOY | $40,289,001 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,701 | BOYAmt |
| EOY | $14,971 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,089,173 | BOYAmt |
| EOY | $21,267 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,475,856 | BOYAmt |
| EOY | $42,252,947 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $531,571 | BOYAmt |
| EOY | $1,793,312 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $342,111 | BOYAmt |
| EOY | $296,313 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,033,534 | BOYAmt |
| EOY | $29,337,128 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,981,418 | BOYAmt |
| EOY | $1,769,279 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,888,634 | BOYAmt |
| EOY | $33,196,032 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,710,791 | BOYAmt |
| EOY | $5,342,159 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,471,056 | BOYAmt |
| EOY | $1,273,242 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,405,375 | BOYAmt |
| EOY | $2,441,514 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,587,222 | BOYAmt |
| EOY | $9,056,915 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,475,856 | BOYAmt |
| EOY | $42,252,947 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$3,066,106 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$464,201 | OtherChangesInNetAssetsAmt |
| 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
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,633,381 | BeginningYearBalanceAmt |
| Contributions | $36,139 | ContributionsAmt |
| Investment Earnings Or Losses | $17,119 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $53,414 | GrantsOrScholarshipsAmt |
| End Year Balance | $2,633,225 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,128,639 | BeginningYearBalanceAmt |
| Contributions | $62,427 | ContributionsAmt |
| Investment Earnings Or Losses | $95,339 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $67,024 | GrantsOrScholarshipsAmt |
| End Year Balance | $2,633,381 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,939,879 | BeginningYearBalanceAmt |
| Contributions | $154,473 | ContributionsAmt |
| Investment Earnings Or Losses | $92,091 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $57,804 | GrantsOrScholarshipsAmt |
| End Year Balance | $3,128,639 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,671,844 | BeginningYearBalanceAmt |
| Contributions | $235,471 | ContributionsAmt |
| Investment Earnings Or Losses | $81,062 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $48,988 | GrantsOrScholarshipsAmt |
| End Year Balance | $2,939,879 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,440,477 | BeginningYearBalanceAmt |
| Contributions | $226,350 | ContributionsAmt |
| Investment Earnings Or Losses | $49,707 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $44,690 | GrantsOrScholarshipsAmt |
| End Year Balance | $2,671,844 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.92720 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.07280 | 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 | $2,080,000 | OtherCostOrOtherBasisAmt |
| Book Value | $2,080,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $647,836 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $53,216,580 | OtherCostOrOtherBasisAmt |
| Depreciation | $16,769,349 | DepreciationAmt |
| Book Value | $37,095,067 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,394,140 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,280,206 | DepreciationAmt |
| Book Value | $1,113,934 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $40,289,001 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| FED'L GOV'T QUITCLAIM DEEDS RESTRICT | $1,310,809 |
| ACCRUED WAGES AND PAYROLL TAXES | $223,555 |
| US GOV'T LOAN FUND REFUNDABLE | $217,320 |
| DEPOSITS HELD IN CUSTODY OF OTHERS | $17,595 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,769,279 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $14,294,267 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $14,294,267 | RevenueSubtotalAmt |
| Other Revenues Not Included | $5,031,949 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $5,031,949 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $19,326,216 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $17,360,373 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $17,360,373 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $5,031,949 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $5,031,949 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $22,392,322 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS RECLASSIFICATION 5,031,949. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS RECLASSIFICATION 5,031,949. |
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 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. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FINANCIAL AID AND SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 785 | RecipientCnt |
| Cash Grant | $5,031,949 | CashGrantAmt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| EVELYN MEYER | |||
| WIFE OF FORMER PRESIDENT | $35,164 | WAGES AND BENEFITS | 0 |
| WENDY BEERY | |||
| WIFE OF FORMER VICE PRESIDENT | $3,213 | WAGES AND BENEFITS | 0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $281,520 | NoncashContributionsRptF990Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 -464,201. |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | LATE FILED RETURN DUE TO CCH SOFTWARE OUTAGE | ExplanationTxt |