CAROLINA UNIVERSITY: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- CAROLINA UNIVERSITY (EIN 56-0594591)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2019-05-09
- IRS object ID
- 201941299349302199
- 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 F
- Schedule I
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-09T15:39:50-05:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 560727655 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CANNON & COMPANY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2160 COUNTRY CLUB RD | AddressLine1Txt |
| City | WINSTONSALEM | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 271044208 | 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 | 560594591 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PIEDMONT INTERNATIONAL UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PIED | BusinessNameControlTxt |
| Phone | 3367258344 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 420 SOUTH BROAD STREET | AddressLine1Txt |
| City | WINSTONSALEM | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27101 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MR CHRISTOPHER RONK | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 3367147939 | PhoneNum |
| Signature | 2019-05-09 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RICHARD J TAMER | PreparerPersonNm |
| PTIN | P00913572 | PTIN |
| Phone | 3367250635 | PhoneNum |
| Preparation | 2019-05-09 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 167.68.16.49 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-05-09 | IPDt |
| IP Tm | 15:39:50 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 7070936C1F1975CD9D304FC3ED7EBD3A19867C9A | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | DBEADA8E4E9D2995A816ADE270059363E00FB124 | 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 | DR CHARLES W PETITT | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 420 SOUTH BROAD STREET | AddressLine1Txt |
| City | WINSTONSALEM | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $16,112,586 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.PIEDMONTU.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1947 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | PIEDMONT INTERNATIONAL UNIVERSITY IS AN ESTABLISHED PROVIDER OF QUALITY, BIBLE-CENTERED HIGHER EDUCATION. LOVE FOR GOD AND STUDENTS DRIVES OUR PASSION TO GRADUATE MEN AND WOMEN WHO ARE THOROUGHLY EQUIPPED TO BE SUCCESSFUL LEADERS WHO OBEY THE GREAT COMMANDMENT, FULFILL THE GREAT COMMISSION, AND LIVE ABUNDANT LIVES FOR THE GLORY OF GOD. | ActivityOrMissionDesc |
| Voting Members Governing Body | 32 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 32 | VotingMembersIndependentCnt |
| Total Employee | 185 | TotalEmployeeCnt |
| Total Volunteers | 36 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $2,260,481 | PYContributionsGrantsAmt |
| CY Contributions Grants | $8,536,158 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $4,893,893 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $6,060,860 | CYProgramServiceRevenueAmt |
| PY Investment Income | $10,638 | PYInvestmentIncomeAmt |
| CY Investment Income | $129,301 | CYInvestmentIncomeAmt |
| PY Other Revenue | $59,003 | PYOtherRevenueAmt |
| CY Other Revenue | $114,118 | CYOtherRevenueAmt |
| PY Total Revenue | $7,224,015 | PYTotalRevenueAmt |
| CY Total Revenue | $14,840,437 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,480,102 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,452,953 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,466,074 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,873,053 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $604,197 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,954,350 | PYOtherExpensesAmt |
| CY Other Expenses | $3,700,190 | CYOtherExpensesAmt |
| PY Total Expenses | $6,900,526 | PYTotalExpensesAmt |
| CY Total Expenses | $9,026,196 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $323,489 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $5,814,241 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $6,991,297 | TotalAssetsBOYAmt |
| Total Assets EOY | $15,230,558 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $4,982,683 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $7,406,984 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,008,614 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $7,823,574 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | PIEDMONT INTERNATIONAL UNIVERSITY IS AN ESTABLISHED PROVIDER OF QUALITY, BIBLE-CENTERED HIGHER EDUCATION. LOVE FOR GOD AND STUDENTS DRIVES OUR PASSION TO GRADUATE MEN AND WOMEN WHO ARE THOROUGHLY EQUIPPED TO BE SUCCESSFUL LEADERS WHO OBEY THE GREAT COMMANDMENT, FULFILL THE GREAT COMMISSION, AND LIVE ABUNDANT LIVES FOR THE GLORY OF GOD. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $3,425,685 | ExpenseAmt |
| Grant | $1,452,953 | GrantAmt |
| Revenue | $5,082,505 | RevenueAmt |
| Desc | INSTRUCTION, ACADEMIC SUPPORT AND STUDENT SERVICES ASSOCIATED WITH THE PROVISION OF ASSOCIATE, BACCALAUREATE, MASTER AND DOCTORAL PROGRAMS IN RESIDENT AND ONLINE FORMATS (APPROXIMATELY 900 STUDENTS IN FALL, SPRING AND SUMMER) | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,921,557 | ExpenseAmt |
| Revenue | $978,355 | RevenueAmt |
| Desc | AUXILIARY AND OTHER SERVICES IN REGARD TO THE UNIVERSITY'S PROVISION FOR HIGHER EDUCATION INCLUDING DORMITORIES, FOOD SERVICE, BOOKSTORE, SPORTING EVENTS AND OTHER MISCELLANEOUS STUDENT SERVICES. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $5,347,242 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (true) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (true) | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 69 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 185 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 32 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 32 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WESLEY SCRUGGS | PersonNm |
| Phone | 3367147939 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 420 S BROAD ST | AddressLine1Txt |
| City | WINSTONSALEM | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27101 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (37 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| MS NANCYE ALLOWAY | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR TONY ALFORD | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| REV DENNIS BISHOP | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MS DANA BRYSON | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MRS KAROLYN CHAPMAN | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| REV BRIAN COCKRAM | ||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| MR JASON COPLAND | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DR ALAN COX | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DR TONY CRISP | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR CARLTON DEATON | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DR ROB DECKER | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR MARK JACKSON | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DR MIKE HAND | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DR E C HASKELL | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DR TERNAE JORDAN | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| REV JOHN KING | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DR DAVID LEAVELL | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DR MARK MILLER | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR MIKE MITCHENER | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR VW PETERS | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DR HERB RAWLINGS | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR PHILLIP SMITH | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| REV RICK SPEAS | ||||||
| VICE CHAIRMA | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| DR LEE STACKHOUSE | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MRS CINDY STEELE | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR MARK STEELE | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MS MENA PARRISH | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR CLETIS TITUS | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR DALE TRAXLER | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| REV SHAHN WILBURN | ||||||
| CHAIRMAN | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| MR ABIE WILLIAMS | ||||||
| TREASURER | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| MRS CHRISTIE WILLIAMS | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DR CHARLES W PETITT | ||||||
| PRESIDENT | 40.00 | $112,198 | $0 | $7,194 | Yes (X) | |
| DR BYRON EDENS | ||||||
| VICE PRESIDE | 40.00 | $67,202 | $0 | $9,338 | Yes (X) | |
| MR CHRISTOPHER RONK | ||||||
| CFO | 40.00 | $65,275 | $0 | $1,598 | Yes (X) | |
| DR BETH ASHBURN | ||||||
| PROVOST | 40.00 | $64,927 | $0 | $6,534 | Yes (X) | |
| DR STEPHEN M CONDON | ||||||
| CHANCELLOR | 40.00 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $309,602 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $24,664 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Government Grants | $88,532 | GovernmentGrantsAmt |
| All Other Contributions | $8,447,626 | AllOtherContributionsAmt |
| Noncash Contributions | $7,127,604 | NoncashContributionsAmt |
| Total Contributions | $8,536,158 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611710 | $5,078,826 | $5,078,826 |
| SALES AND AUXILIARY | 611710 | $982,034 | $982,034 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $6,060,860 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $79,554 | TotalRevenueColumnAmt |
| Exclusion | $79,554 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $581 | TotalRevenueColumnAmt |
| Exclusion | $581 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $64,009 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $64,009 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $64,009 | TotalRevenueColumnAmt |
| Exclusion | $64,009 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,321,896 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,272,149 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $49,747 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $49,747 | TotalRevenueColumnAmt |
| Exclusion | $49,747 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| FIN. AID ADMIN. ALLOWANCE | 611710 | $15,188 | $15,188 |
| RECOVERY OF BAD DEBTS | 611710 | $13,615 | $13,615 |
| STUDENT LIFE FINES | 611710 | $9,100 | $9,100 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,625 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $11,625 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $49,528 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $14,840,437 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $6,110,388 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $193,891 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,278,117 | TotalAmt |
| Program Services | $1,278,117 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $174,836 | TotalAmt |
| Program Services | $174,836 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $375,916 | TotalAmt |
| Program Services | $58,373 | ProgramServicesAmt |
| Management And General | $317,543 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,064,868 | TotalAmt |
| Program Services | $2,298,864 | ProgramServicesAmt |
| Management And General | $381,917 | ManagementAndGeneralAmt |
| Fundraising | $384,087 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $269,428 | TotalAmt |
| Program Services | $112,637 | ProgramServicesAmt |
| Management And General | $131,171 | ManagementAndGeneralAmt |
| Fundraising | $25,620 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $162,841 | TotalAmt |
| Program Services | $104,763 | ProgramServicesAmt |
| Management And General | $32,234 | ManagementAndGeneralAmt |
| Fundraising | $25,844 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $116,566 | TotalAmt |
| Management And General | $116,566 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,356 | TotalAmt |
| Management And General | $11,356 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,454 | TotalAmt |
| Management And General | $13,454 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,186 | TotalAmt |
| Program Services | $33,207 | ProgramServicesAmt |
| Management And General | $10,979 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $69,753 | TotalAmt |
| Fundraising | $69,753 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $288,008 | TotalAmt |
| Program Services | $25,463 | ProgramServicesAmt |
| Management And General | $226,616 | ManagementAndGeneralAmt |
| Fundraising | $35,929 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $430,123 | TotalAmt |
| Program Services | $35,404 | ProgramServicesAmt |
| Management And General | $391,429 | ManagementAndGeneralAmt |
| Fundraising | $3,290 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $515,670 | TotalAmt |
| Program Services | $308,048 | ProgramServicesAmt |
| Management And General | $207,622 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $180,524 | TotalAmt |
| Program Services | $71,412 | ProgramServicesAmt |
| Management And General | $109,070 | ManagementAndGeneralAmt |
| Fundraising | $42 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,533 | TotalAmt |
| Program Services | $42,091 | ProgramServicesAmt |
| Management And General | $22,336 | ManagementAndGeneralAmt |
| Fundraising | $36,106 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $221,711 | TotalAmt |
| Management And General | $221,711 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $222,726 | TotalAmt |
| Program Services | $57,449 | ProgramServicesAmt |
| Management And General | $165,277 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $93,708 | TotalAmt |
| Program Services | $34,287 | ProgramServicesAmt |
| Management And General | $59,421 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| CAFETERIA | $459,683 | $459,683 | ||
| MISC EXPENSE | $288,404 | $41,793 | $230,995 | $15,616 |
| BAD DEBT | $284,796 | $284,796 | ||
| SUPPLIES | $249,973 | $188,516 | $53,967 | $7,490 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $109,016 | TotalAmt |
| Program Services | $22,299 | ProgramServicesAmt |
| Management And General | $86,297 | ManagementAndGeneralAmt |
| Fundraising | $420 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,026,196 | TotalAmt |
| Program Services | $5,347,242 | ProgramServicesAmt |
| Management And General | $3,074,757 | ManagementAndGeneralAmt |
| Fundraising | $604,197 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,023,568 | BOYAmt |
| EOY | $1,467,974 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $418,601 | BOYAmt |
| EOY | $117,941 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $788,531 | BOYAmt |
| EOY | $113,272 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $949,857 | BOYAmt |
| EOY | $751,576 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,957 | BOYAmt |
| EOY | $50,507 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $321,279 | BOYAmt |
| EOY | $372,537 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $810 | BOYAmt |
| EOY | $810 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,052 | BOYAmt |
| EOY | $63,327 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $7,495,440 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $5,000,903 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,238,999 | BOYAmt |
| EOY | $2,494,537 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $283,514 | BOYAmt |
| EOY | $2,047,821 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $830,479 | BOYAmt |
| EOY | $778,606 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,650 | BOYAmt |
| EOY | $6,971,650 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,991,297 | BOYAmt |
| EOY | $15,230,558 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $147,832 | BOYAmt |
| EOY | $339,701 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $207,551 | BOYAmt |
| EOY | $185,097 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $719,537 | BOYAmt |
| EOY | $689,991 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,986,461 | BOYAmt |
| EOY | $4,255,318 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,910,681 | BOYAmt |
| EOY | $1,927,222 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,621 | BOYAmt |
| EOY | $9,655 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,982,683 | BOYAmt |
| EOY | $7,406,984 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $696,019 | BOYAmt |
| EOY | $1,230,108 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $520,531 | BOYAmt |
| EOY | $3,922,002 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $792,064 | BOYAmt |
| EOY | $2,671,464 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,008,614 | BOYAmt |
| EOY | $7,823,574 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,991,297 | BOYAmt |
| EOY | $15,230,558 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $5,814,241 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $719 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | 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 (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | 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 | $792,064 | BeginningYearBalanceAmt |
| Contributions | $1,879,400 | ContributionsAmt |
| Investment Earnings Or Losses | $55,459 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $42,005 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $13,454 | AdministrativeExpensesAmt |
| End Year Balance | $2,671,464 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $792,064 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $35,759 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $33,293 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $2,466 | AdministrativeExpensesAmt |
| End Year Balance | $792,064 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $525,333 | BeginningYearBalanceAmt |
| Contributions | $266,731 | ContributionsAmt |
| Investment Earnings Or Losses | $11,152 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $8,745 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $2,407 | AdministrativeExpensesAmt |
| End Year Balance | $792,064 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $324,097 | BeginningYearBalanceAmt |
| Contributions | $213,634 | ContributionsAmt |
| Investment Earnings Or Losses | $667 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $10,480 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $2,585 | AdministrativeExpensesAmt |
| End Year Balance | $525,333 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $326,339 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $47,721 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $47,363 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $2,600 | AdministrativeExpensesAmt |
| End Year Balance | $324,097 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $395,894 | OtherCostOrOtherBasisAmt |
| Book Value | $395,894 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,726,079 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,148,563 | DepreciationAmt |
| Book Value | $1,577,516 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,373,467 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,852,340 | DepreciationAmt |
| Book Value | $521,127 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,494,537 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| MOORE ANNUITY | $774,187 | F |
| OTHER INVESTMENTS | $4,419 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $778,606 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| ASSETS HELD FOR SALE | $6,940,000 |
| CEMETARY PLOTS | $31,650 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $6,971,650 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| WATERS ANNUITY | $6,188 |
| RICKARD ANNUITY | $3,467 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $9,655 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $13,418,478 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $719 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $719 | RevenueNotReportedAmt |
| Revenue Subtotal | $13,417,759 | RevenueSubtotalAmt |
| Other Revenues Not Included | $1,422,678 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $1,422,678 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $14,840,437 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $7,603,518 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $7,603,518 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $1,422,678 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $1,422,678 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $9,026,196 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 3, PART X | THE UNIVERSITY IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE AND CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. THE UNIVERSITY BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE UNIVERSITY'S FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FOR THE YEARS ENDING JUNE 30, 2016, 2017, AND 2018 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. |
| SCHEDULE D, PAGE 4, PART XI, LINE 4B | TUITION NET OF SCHOLARSHIPS AND GRANTS ON FINANCIAL STMT 1,431,678 RECLASSIFIED EXPENSES -9,000 |
| SCHEDULE D, PAGE 4, PART XII, LINE 4B | SCHOLARSHIPS AND GRANTS NET WITH TUITION ON FINANCIAL STMT 1,431,678 RECLASSIFIED EXPENSES -9,000 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, LINE 3 | PIEDMONT INTERNATIONAL UNIVERSITY PUBLISHES THIS INFORMATION IN THE STUDENT HANDBOOK AS WELL AS ADVERTISING THROUGH LOCAL MEDIA. |
| SCHEDULE E, LINE 6 | FINANCIAL AID IS RECEIVED FROM THE DEPARTMENT OF EDUCATION FOR QUALIFYING STUDENTS. THE COLLEGE'S FEDERAL ASSISTANCE CONSISTS OF: FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT, FEDERAL FAMILY EDUCATION LOANS, FEDERAL WORK STUDY, FEDERAL PELL GRANT PROGRAM AND FEDERAL ACADEMIC COMPETITIVENESS GRANT. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (7 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|---|---|
| FINANCIAL AID | CENTRAL AMERICA AND THE CARIBEAN | 13 | $29,380 | TUITION DISCOUN | BOOK |
| FINANCIAL AID | EAST ASIA AND THE PACIFIC | 4 | $4,656 | TUITION DISCOUN | BOOK |
| FINANCIAL AID | EUROPE | 1 | $3,072 | TUITION DISCOUN | BOOK |
| FINANCIAL AID | NORTH AMERICA | 11 | $18,136 | TUITION DISCOUN | BOOK |
| FINANCIAL AID | SOUTH AMERICA | 5 | $4,550 | TUITION DISCOUN | BOOK |
| FINANCIAL AID | SOUTH ASIA | 37 | $97,072 | TUITION DISCOUN | BOOK |
| FINANCIAL AID | SUB-SAHARAN AFRICA | 11 | $17,970 | TUITION DISCOUN | BOOK |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE F, PAGE 1, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | INTERNATIONAL STUDENTS: THESE STUDENTS ARE AWARDED VARIOUS NONCASH DISCOUNTS IN THE FORM OF TUITION SCHOLARSHIPS. THEY DO NOT RECEIVE REFUNDS FROM THEIR ACCOUNT, NOR DO THEY RECEIVE AWARDS THAT EXCEED THEIR CHARGES. THE MAJORITY OF THESE FALL INTO THE FOLLOWING CATEGORIES: PARTNERING PROGRAMS: THESE STUDENTS PAY A PORTION (ABOUT 1/3) OF THE COST, THEN RECEIVE DISCOUNTS/SCHOLARSHIPS FOR THE REST. ABOUT HALF OF THESE SCHOLARSHIPS ARE FUNDED BY PARTNERING ORGANIZATIONS OR DONORS, THE OTHER HALF ARE FUNDED FROM THE BUDGET. WE WORK CLOSELY WITH THE PARTNERING ORGANIZATIONS TO SELECT QUALIFYING STUDENTS. TEACH ALL NATIONS AND VISION SCHOLARS: THESE STUDENTS HAVE BEEN SELECTED AS OUTSTANDING INTERNATIONAL STUDENTS TO RECEIVE UP TO 100% TUITION DISCOUNTS/SCHOLARSHIPS. THESE STUDENTS TYPICALLY ONLY PAY THE FEES (SOME PAY A PORTION OF TUITION). THE MAJORITY OF THESE AWARDS ARE FUNDED BY RESTRICTED GIFTS. OUR ULTIMATE GOAL OVER THE NEXT 20 YEARS IS TO HAVE ONE SCHOLARSHIP RECIPIENT FROM EVERY COUNTRY IN THE WORLD. STANDARD INSTITUTIONAL AID: INTERNATIONAL STUDENTS WHO ENROLL THROUGH OUR TRADITIONAL PROGRAMS QUALIFY FOR MANY OF THE SAME AWARDS THAT OTHER STUDENTS RECEIVE. THESE ARE MOSTLY FUNDED FROM OUR BUDGET. MANY OF THESE STUDENTS COME TO THE US ON A STUDENT VISA AND ATTEND CLASSES ON THE MAIN CAMPUS. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 621 | RecipientCnt |
| Cash Grant | $1,278,117 | CashGrantAmt |
| Valuation Method Used | BOOK | ValuationMethodUsedDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | PIU EVALUATES ELIGIBILITY BY RECEIVING WRITTEN REPRESENTATIONS AND FROM REVIEW OF A STUDENTS FILE. ITEMS TO BE CHECKED INCLUDE PIUS APPLICATION, HIGH SCHOOL DIPLOMA, DROP/ADD FORMS, AND WITHDRAWAL FORMS. ONCE A STUDENT HAS COMPLETED THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) APPLICATION, PIU SUBMITS IT ELECTRONICALLY TO ED. ONCE IT IS PROCESSED THE STUDENT WILL RECEIVE A STUDENT AID REPORT AND THE SCHOOL WILL RECEIVE AN ISIR. THE ISIR IS KEPT IN THE STUDENTS FINANCIAL AID FILE. THE ISIR CONTAINS THE EFC AMOUNT, WHICH IS THE AMOUNT THE STUDENT IS EXPECTED TO PAY, THE COST OF ATTENDANCE IS FOUND ON WORKSHEETS GENERATED BY WEBER. THE EFC AND COA ARE BOTH USED TO CALCULATE FINANCIAL NEED. THE ISIR ALSO PROVIDES FINANCIAL AID HISTORY, MATCHES SOCIAL SECURITY DATA, SELECTIVE SERVICE DATA AND CHECKS CITIZENSHIP. FFEL- CHECKS FROM LOAN INSTITUTIONS ARE REQUESTED FROM STUDENTS THROUGH LOAN APPLICATIONS. LOAN APPLICATIONS ARE CERTIFIED BY PIU AND SENT BY STUDENT FINANCIAL AID OFFICE. MONEY IS DEPOSITED INTO A SEPARATE BANK ACCOUNT USING ACH/EFT SYSTEM. ONCE PIU RECEIVES THE DISBURSEMENT RECORD FROM THE LENDER, THE FINANCIAL AID OFFICE BATCHES THE LOANS AND SENDS THEM TO THE BUSINESS OFFICE. THE BUSINESS OFFICE VERIFIES FUNDS AND THEN CREDITS THE STUDENTS ACCOUNT. SOMETIMES CHECKS ARE SENT IN THE STUDENTS AND PIUS NAME. THESE ARE DEPOSITED SEPARATELY INTO THE BANK ACCOUNT BY THE BUSINESS OFFICE. CHECKS ARE SIGNED BY THE STUDENT, AND PIU POSTS CHECKS TO THE STUDENT'S ACCOUNT. LOANS COME IN TWO DISBURSEMENTS - GENERALLY ONE FOR FIRST SEMESTER AND ONE FOR SECOND. THE WHOLE DISBURSEMENT IS APPLIED TO THE STUDENTS ACCOUNT. COST OF ATTENDANCE IS ALWAYS GREATER THAN LOAN PROCEEDS AND ALL OTHER FINANCIAL ASSISTANCE. ANY EXCESS CAN BE WITHDRAWN BY THE STUDENT FOR LIVING EXPENSES. PELL, SEOG & FWS - PIU IS GIVEN AN INITIAL AUTHORIZATION FOR FUNDS BY THE DEPARTMENT OF EDUCATION FOR WHICH IT CANNOT EXCEED. PIU CALLS DOWN THE FUNDS THROUGH GAPS AND THE MONEY IS ELECTRONICALLY DEPOSITED INTO A SEPARATE FEDERAL FUNDS ACCOUNT AT LEXINGTON STATE BANK, THEN THEY ARE SWEPT INTO AN INVESTMENT ACCOUNT EACH NIGHT BY THE BANK. THE FUNDS ARE ONLY REQUESTED AFTER DISBURSEMENT TO STUDENTS ACCOUNT, PER FWS, FUNDS ARE PAID TO THE STUDENTS THROUGH PIU PAYROLL AS EARNED. | ExplanationTxt |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (3 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan To OrganizationLoanToOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd | Loan From OrganizationLoanFromOrganizationInd |
|---|---|---|---|---|---|---|---|---|
| ARRELL MOORE | ||||||||
| TRUSTEE (FORMER) | CHARITABLE GIFT ANNUITY | Yes (X) | $748,500 | $628,815 | false | Yes (true) | Yes (true) | |
| NANCYE ALLOWAY | ||||||||
| TRUSTEE | CHARITABLE GIFT ANNUITY | Yes (X) | $113,000 | $61,176 | false | Yes (true) | Yes (true) | |
| CHRISTOPHER RONK | ||||||||
| CFO | CONT ED CONTRACT | $50,507 | false | Yes (true) | Yes (true) | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $740,498 | TotalBalanceDueAmt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2,364,842 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Real Estate Other RealEstateOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $4,722,068 | NoncashContributionsRptF990Amt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $40,694 | NoncashContributionsRptF990Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | PIEDMONT INTERNATIONAL UNIVERSITY IS AN ESTABLISHED PROVIDER OF QUALITY, BIBLE-CENTERED HIGHER EDUCATION. LOVE FOR GOD AND STUDENTS DRIVES OUR PASSION TO GRADUATE MEN AND WOMEN WHO ARE THOROUGHLY EQUIPPED TO BE SUCCESSFUL LEADERS WHO OBEY THE GREAT COMMANDMENT, FULFILL THE GREAT COMMISSION, AND LIVE ABUNDANT LIVES FOR THE GLORY OF GOD. |
| FORM 990, PAGE 6, PART VI, LINE 2 | CINDY STEELE MARK STEELE TRUSTEE TRUSTEE SPOUSE |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE 990 IS REVIEWED BY THE FINANCE COMMITTEE BEFORE IT IS FILED. |
| FORM 990, PAGE 6, PART VI, LINE 12C | OFFICERS, TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A YEARLY SURVEY AND AGREE WITH THE POLICY THAT IS CURRENTLY IN PLACE. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE BOARD MEETS IN EXECUTIVE SESSION TO CONSIDER SALARIES FOR TOP OFFICIALS. COMPENSATION IS DETERMINED BY BUDGET CONTRAINTS AS WELL AS INPUT FROM THE PRESIDENT AND BOARD MEMBERS. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE BOARD MEETS IN EXECUTIVE SESSION TO CONSIDER SALARIES FOR TOP OFFICIALS. COMPENSATION IS DETERMINED BY BUDGET CONTRAINTS AS WELL AS INPUT FROM THE PRESIDENT AND BOARD MEMBERS. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | TUITION NET OF SCHOLARSHIPS AND GRANTS ON FINANCIAL STMT -1,431,678 RECLASSIFIED EXPENSES 9,000 SCHOLARSHIPS AND GRANTS NET WITH TUITION ON FINANCIAL STMT 1,431,678 RECLASSIFIED EXPENSES -9,000 |