2019-05-15T10:32:26-05:00 2018-06-30 231144520 TAIT WELLER & BAKER LLP TWO LIBERTY PL 50 S 16TH ST STE 2900 PHILADELPHIA PA 191022529 990 2017-07-01 231382408 UNIVERSITY OF VALLEY FORGE OF THE ASSEMBLIES OF GOD UNIV 6109350450 1401 CHARLESTOWN ROAD PHOENIXVILLE PA 19460 REV DAVID KIM PRESIDENT 6109350450 2019-05-15 1 STACY CULLEN P00974308 2159798800 2019-05-15 50.239.110.162 2019-05-15 11:32:16 ED P 9F90DD8A088C3333434B10B0201CF9BEF458A364 9F90DD8A088C3333434B10B0201CF9BEF458A364 2017 2019-02-21 02:37:17Z REV DAVID KIM 1401 CHARLESTOWN ROAD PHOENIXVILLE PA 19460 19326216 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 16 16 545 30 0 0 1425519 1289391 19511103 17847505 128230 4395 151629 184925 21216481 19326216 4550095 5031949 0 0 7120644 6968763 0 0 68823 12299090 10391610 23969829 22392322 -2753348 -3066106 44475856 42252947 31888634 33196032 12587222 9056915 TO PREPARE INDIVIDUALS FOR A LIFE OF SERVICE AND LEADERSHIP IN THE CHURCH AND IN THE WORLD 0 0 20845024 5031949 17847505 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. 20845024 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 1 0 1 0 0 0 0 0 0 0 0 1 52 0 1 545 1 0 0 0 0 0 1 1 0 0 0 0 X 16 16 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 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 DOUG SAYERS TRUSTEE 1.00 X 0 0 0 JENNIFER GALE VP STUDENT LIFE 40.00 X 66204 0 8862 REV DAVID KIM PRESIDENT 40.00 X 115165 0 8862 DR JEROME DOUGLAS VICE PRESIDENT 40.00 X 83147 0 4040 DR TODD GUEVIN VP INSTITUTIONAL EFFECTIVENESS 40.00 X 98198 0 2748 362714 0 24512 1 0 0 0 SODEXO CAMPUS SERVICES PO BOX 360170 PITTSBURGH PA 15251 FOOD SERVICE 1017293 JENZABAR 101 HUNTINGTON AVE SUITE 2200 BOSTON MA 02199 EDUCATIONAL SOFTWARE 121083 2 184375 1105016 281520 1289391 TUITION AND FEES 611600 13506443 13506443 AUXILIARY ENTERPRISES 611600 4223598 4223598 OTHER 900099 117464 117464 17847505 4395 4395 99453 0 99453 99453 99453 QUITCLAIM DEED AMORTIZATION 900099 85472 85472 85472 19326216 18032430 0 4395 5031949 5031949 444629 412500 28782 3347 5827130 5406061 377204 43865 368535 271277 93273 3985 328469 298958 26661 2850 42064 42064 277717 277717 86482 84507 1975 86847 86847 1460080 1123331 323658 13091 472014 424501 47513 1999048 1832210 166838 307743 216213 89845 1685 22933 19988 2945 1525615 1525615 1475249 1475249 152525 152525 DINING SERVICES 1436783 1436783 BAD DEBT EXPENSE 816583 816583 COLLEGE STORE 15910 15910 214017 214017 22392322 20845024 1478475 68823 279211 324782 379349 468221 647100 447100 686154 454286 214346 199448 18304 26962 28832 6909 63338556 23049555 41128686 40289001 4701 14971 1089173 21267 44475856 42252947 531571 1793312 342111 296313 29033534 29337128 1981418 1769279 31888634 33196032 X 8710791 5342159 1471056 1273242 2405375 2441514 12587222 9056915 44475856 42252947 X -3066106 -464201 X 0 1 X 1 1 1 X 2633381 36139 17119 53414 2633225 3128639 62427 95339 67024 2633381 2939879 154473 92091 57804 3128639 2671844 235471 81062 48988 2939879 2440477 226350 49707 44690 2671844 0.00000 0.92720 0.07280 0 0 2080000 2080000 647836 53216580 16769349 37095067 7394140 6280206 1113934 40289001 FED'L GOV'T QUITCLAIM DEEDS RESTRICT 1310809 ACCRUED WAGES AND PAYROLL TAXES 223555 US GOV'T LOAN FUND REFUNDABLE 217320 DEPOSITS HELD IN CUSTODY OF OTHERS 17595 1769279 14294267 0 14294267 5031949 5031949 19326216 17360373 0 17360373 5031949 5031949 22392322 PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS RECLASSIFICATION 5,031,949. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS RECLASSIFICATION 5,031,949. 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 5031949 EVELYN MEYER WIFE OF FORMER PRESIDENT 35164 WAGES AND BENEFITS 0 WENDY BEERY WIFE OF FORMER VICE PRESIDENT 3213 WAGES AND BENEFITS 0 X 1 281520 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 -464,201. LATE FILED RETURN DUE TO CCH SOFTWARE OUTAGE