PAINE COLLEGE: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- PAINE COLLEGE (EIN 23-7434499)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2018-05-15
- IRS object ID
- 201801359349314765
- Schema version
- 2016v3.0
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-05-15T11:03:59-00:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Wesley Peachtree Group CPAs | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1475 Klondike Road Suite 100 | AddressLine1Txt |
| City | Conyers | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30094 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237434499 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Paine College | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PAIN | BusinessNameControlTxt |
| Phone | 7068218200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1235 Fifteenth Street | AddressLine1Txt |
| City | Augusta | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30901 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Kevin Howard | PersonNm |
| Person Title | Chief Financial Officer | PersonTitleTxt |
| Signature | 2018-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Dane Alexander | PreparerPersonNm |
| Phone | 4048740555 | PhoneNum |
| Preparation | 2018-05-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Kevin Howard | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1235 Fifteenth Street | AddressLine1Txt |
| City | Augusta | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30901 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $14,970,949 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.paine.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1905 | FormationYr |
| Legal Domicile State | GA | LegalDomicileStateCd |
| Activity Or Mission | To provide a liberal arts education of the highest quality that emphasizes academic excellence, ethical and spiritual values, social responsibility, and personal development. | ActivityOrMissionDesc |
| Voting Members Governing Body | 25 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 24 | VotingMembersIndependentCnt |
| Total Employee | 543 | TotalEmployeeCnt |
| Total Volunteers | 54 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $8,928,455 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,916,809 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $9,730,674 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $7,380,654 | CYProgramServiceRevenueAmt |
| PY Investment Income | $476 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,548 | CYInvestmentIncomeAmt |
| PY Other Revenue | $731,176 | PYOtherRevenueAmt |
| CY Other Revenue | $1,670,938 | CYOtherRevenueAmt |
| PY Total Revenue | $19,390,781 | PYTotalRevenueAmt |
| CY Total Revenue | $14,970,949 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,833,553 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,440,446 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $726,556 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $804,150 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $92,980 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $14,552,168 | PYOtherExpensesAmt |
| CY Other Expenses | $12,292,147 | CYOtherExpensesAmt |
| PY Total Expenses | $17,112,277 | PYTotalExpensesAmt |
| CY Total Expenses | $14,536,743 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,278,504 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $434,206 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $36,318,667 | TotalAssetsBOYAmt |
| Total Assets EOY | $35,127,262 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $17,640,160 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $17,524,192 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $18,678,507 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $17,603,070 | NetAssetsOrFundBalancesEOYAmt |
| Mission | To provide a liberal arts education of the highest quality that emphasizes academic excellence, ethical and spiritual values, social responsibility, and personal development to prepare men and women for positions of leadership and service in the African American community, the nation, and the world. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $9,548,872 | ExpenseAmt |
| Grant | $1,440,446 | GrantAmt |
| Revenue | $5,950,170 | RevenueAmt |
| Desc | To sustain a learning community in which students can prepare academically, socially and spiritually for leadership in a complex, diverse and rapidly changing world. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,111,904 | ExpenseAmt |
| Revenue | $1,430,484 | RevenueAmt |
| Desc | Auxiliary Enterprises support the Colleges mission of providing quality educational opportunities. These services include, but are not limited to food services, campus housing, postal services, parking, vending, campus stores and athletics. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $10,660,776 | 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 | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | 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 | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | 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 | false | 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 | false | 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 | 1365 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 543 | 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 |
| Quid Pro Quo Contri Discl | false | QuidProQuoContriDisclInd |
| 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 | 25 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 24 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | 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 | Yes (true) | 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 | Yes (true) | 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 | GA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Kevin Howard | PersonNm |
| Phone | 7068218200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1235 Fifteenth Street | AddressLine1Txt |
| City | Augusta | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30901 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (33 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| Attorney Barbara E Bouknight | |||||||
| Chair | 001.00 | 001.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Attorney Sharyn Doanes-Bergin | |||||||
| Trustee | 001.00 | 001.00 | Yes (X) | $0 | $0 | $0 | |
| Reverend James Cason | |||||||
| Trustee | 001.00 | 001.00 | Yes (X) | $0 | $0 | $0 | |
| Dr Carmichael Crutchfield | |||||||
| Trustee | 001.00 | 001.00 | Yes (X) | $0 | $0 | $0 | |
| Dr Lenalda R Corley | |||||||
| Trustee | 001.00 | 001.00 | Yes (X) | $0 | $0 | $0 | |
| Rev Terry Fleming | |||||||
| Trustee | 001.00 | 001.00 | Yes (X) | $0 | $0 | $0 | |
| Mr J R Henderson | |||||||
| Trustee | 001.00 | 001.00 | Yes (X) | $0 | $0 | $0 | |
| Bishop Kenneth W Carter | |||||||
| Trustee | 001.00 | 001.00 | Yes (X) | $0 | $0 | $0 | |
| Dr Louise Rice | |||||||
| Trustee | 001.00 | 001.00 | Yes (X) | $0 | $0 | $0 | |
| Dr Charles G Larke | |||||||
| Trustee | 001.00 | 001.00 | Yes (X) | $0 | $0 | $0 | |
| Ms Eileen Littlejohn | |||||||
| Trustee | 001.00 | 001.00 | Yes (X) | $0 | $0 | $0 | |
| Reverend Michael McCord | |||||||
| Trustee | 001.00 | 001.00 | Yes (X) | $0 | $0 | $0 | |
| Reverend Jerry D Woodfork Sr | |||||||
| Trustee | 001.00 | 001.00 | Yes (X) | $0 | $0 | $0 | |
| Attorney Robert L Bell | |||||||
| Trustee | 001.00 | 001.00 | Yes (X) | $0 | $0 | $0 | |
| Bishop Marshall Gilmore | |||||||
| Trustee | 001.00 | 001.00 | Yes (X) | $0 | $0 | $0 | |
| Dr Ora McConner Jones | |||||||
| Trustee | 001.00 | 001.00 | Yes (X) | $0 | $0 | $0 | |
| Ms Annie Rogers | |||||||
| Trustee | 001.00 | 001.00 | Yes (X) | $0 | $0 | $0 | |
| Mr Fred Thompson | |||||||
| Trustee | 001.00 | 001.00 | Yes (X) | $0 | $0 | $0 | |
| Attorney Michael L Thurmond | |||||||
| Chair-Elect | 001.00 | 001.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Reverend Dr Tyrone Davis | |||||||
| Trustee | 001.00 | 001.00 | Yes (X) | $0 | $0 | $0 | |
| Bishop Benjamin Michael Watson | |||||||
| Trustee | 001.00 | 001.00 | Yes (X) | $0 | $0 | $0 | |
| Bishop C James King Jr | |||||||
| Trustee | 001.00 | 001.00 | Yes (X) | $0 | $0 | $0 | |
| Mr Mark C Callaway | |||||||
| Trustee | 001.00 | 001.00 | Yes (X) | $0 | $0 | $0 | |
| Dr Samuel Sullivan | |||||||
| President | 040.00 | 001.00 | Yes (X) | Yes (X) | $150,000 | $0 | $0 |
| Ms Jessye Norman | |||||||
| Trustee | 001.00 | 001.00 | Yes (X) | $0 | $0 | $0 | |
| Dr Cheryle Evans-Jones | |||||||
| Provost/Vice President of Academic Affairs | 040.00 | 001.00 | Yes (X) | $102,000 | $0 | $0 | |
| Dr Dwayne Crew | |||||||
| Assistant to the President | 040.00 | 001.00 | Yes (X) | $97,000 | $0 | $0 | |
| Reverend Luther Felder | |||||||
| Chaplain | 040.00 | 001.00 | Yes (X) | $61,750 | $0 | $0 | |
| Ms Helene Carter | |||||||
| Assistant Vice President of Institutional Advancement | 040.00 | 001.00 | Yes (X) | $76,000 | $0 | $0 | |
| Mr Robert Woodson | |||||||
| Dean Student Affairs and Enrollment Management | 040.00 | 001.00 | Yes (X) | $63,000 | $0 | $0 | |
| Coach Selina Kohn | |||||||
| Athlectic Director | 040.00 | 001.00 | Yes (X) | $77,900 | $0 | $0 | |
| Ms Mary Morale | |||||||
| Chief Financial Officer | 040.00 | 001.00 | Yes (X) | $110,000 | $0 | $0 | |
| Mr Chester Wheeler | |||||||
| Director Sponsored Programs and Title III | 040.00 | 001.00 | Yes (X) | $66,500 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $804,150 | TotalReportableCompFromOrgAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Thompson Hospitality | |||||
| 1741 Business Ctr Drive Suite 200 | Reston | VA | 20190 | Food Services | $260,000 |
| Jenzabar | |||||
| 101 Huntington Avenue Suite 2200 | Boston | MA | 02199 | Information Technology | $152,637 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $3,245,944 | GovernmentGrantsAmt |
| All Other Contributions | $2,670,865 | AllOtherContributionsAmt |
| Total Contributions | $5,916,809 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Tuition and fees | 611600 | $5,950,170 | $5,950,170 |
| Sales and services of auxiliary enteprises | 611710 | $1,430,484 | $1,430,484 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $7,380,654 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,548 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,548 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Other income | 900099 | $187,179 | $187,179 |
| Endowment income appropriated for operations | 900099 | $1,483,759 | $1,483,759 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,670,938 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $14,970,949 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,054,140 | RelatedOrExemptFuncIncomeAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,440,446 | TotalAmt |
| Program Services | $1,440,446 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $804,150 | TotalAmt |
| Management And General | $804,150 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees For Services Prof Fundraising | FeesForServicesProfFundraising |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Instruction | $2,469,589 | $2,469,589 | ||
| Sponsored Programs/Academic Support | $3,872,539 | $3,696,116 | $176,423 | |
| Student Services | $1,394,619 | $1,394,619 | ||
| Institutional Support | $3,443,496 | $548,102 | $2,802,414 | $92,980 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,111,904 | TotalAmt |
| Program Services | $1,111,904 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,536,743 | TotalAmt |
| Program Services | $10,660,776 | ProgramServicesAmt |
| Management And General | $3,782,987 | ManagementAndGeneralAmt |
| Fundraising | $92,980 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $187,828 | BOYAmt |
| EOY | $1,707,707 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,195,441 | BOYAmt |
| EOY | $1,241,466 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,171,724 | BOYAmt |
| EOY | $1,169,429 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,473,550 | BOYAmt |
| EOY | $1,087,528 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $117,234 | BOYAmt |
| EOY | $116,614 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $611,763 | BOYAmt |
| EOY | $174,212 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $40,949,865 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $21,722,871 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,566,151 | BOYAmt |
| EOY | $19,226,994 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,650,045 | BOYAmt |
| EOY | $10,016,195 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $344,931 | BOYAmt |
| EOY | $387,117 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,318,667 | BOYAmt |
| EOY | $35,127,262 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,978,832 | BOYAmt |
| EOY | $2,749,081 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,000 | BOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,456,166 | BOYAmt |
| EOY | $14,637,883 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $137,162 | BOYAmt |
| EOY | $137,228 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,640,160 | BOYAmt |
| EOY | $17,524,192 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,021,751 | BOYAmt |
| EOY | $10,946,314 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,506,289 | BOYAmt |
| EOY | $1,506,289 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,150,467 | BOYAmt |
| EOY | $5,150,467 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,678,507 | BOYAmt |
| EOY | $17,603,070 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,318,667 | BOYAmt |
| EOY | $35,127,262 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $434,206 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$1,509,643 | OtherChangesInNetAssetsAmt |
| 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 |
| Public Support CY170 | 0.00000 | PublicSupportCY170Pct |
| Public Support CY509 | 0.00000 | PublicSupportCY509Pct |
| Investment Income CY | 0.00000 | InvestmentIncomeCYPct |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Incl Escrow Custodial Acct Liab | false | InclEscrowCustodialAcctLiabInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $5,150,467 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $2,548 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,548 | GrantsOrScholarshipsAmt |
| End Year Balance | $5,150,467 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,820,120 | BeginningYearBalanceAmt |
| Contributions | $343,631 | ContributionsAmt |
| Investment Earnings Or Losses | $167,465 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,685,901 | GrantsOrScholarshipsAmt |
| Other Expenditures | $453,759 | OtherExpendituresAmt |
| Administrative Expenses | $41,089 | AdministrativeExpensesAmt |
| End Year Balance | $5,150,467 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $9,329,221 | BeginningYearBalanceAmt |
| Contributions | $13,477 | ContributionsAmt |
| Investment Earnings Or Losses | $22,597 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $442,952 | OtherExpendituresAmt |
| Administrative Expenses | $102,223 | AdministrativeExpensesAmt |
| End Year Balance | $8,820,120 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,670,115 | BeginningYearBalanceAmt |
| Contributions | $42,826 | ContributionsAmt |
| Investment Earnings Or Losses | $1,170,818 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $440,380 | OtherExpendituresAmt |
| Administrative Expenses | $114,158 | AdministrativeExpensesAmt |
| End Year Balance | $9,329,221 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,577,776 | BeginningYearBalanceAmt |
| Contributions | $47,943 | ContributionsAmt |
| Investment Earnings Or Losses | $613,570 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $430,057 | OtherExpendituresAmt |
| Administrative Expenses | $139,117 | AdministrativeExpensesAmt |
| End Year Balance | $8,670,115 | 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 | $1,233,275 | OtherCostOrOtherBasisAmt |
| Book Value | $1,233,275 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $29,581,405 | OtherCostOrOtherBasisAmt |
| Depreciation | $15,968,410 | DepreciationAmt |
| Book Value | $13,612,995 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,999,431 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,858,005 | DepreciationAmt |
| Book Value | $4,141,426 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $520,000 | OtherCostOrOtherBasisAmt |
| Depreciation | $280,702 | DepreciationAmt |
| Book Value | $239,298 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $19,226,994 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc |
|---|
| Financial derivatives and other financial products |
| Closely-held equity interests |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| Federal income taxes | |
| Funds held on behalf of others | $33,571 |
| Advances from U.S. Government for student loans | $103,657 |
| Capital lease obligation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $137,228 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $14,970,949 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $14,970,949 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $14,970,949 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $16,046,386 | TotExpnsEtcAuditedFinclStmtAmt |
| Losses Reported | $1,509,643 | LossesReportedAmt |
| Expenses Not Reported | $1,509,643 | ExpensesNotReportedAmt |
| Expenses Subtotal | $14,536,743 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $14,536,743 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| V 4 | The Colleges endowment consists of individual funds established to provide scholarships to eligible students of the College. |
| X 2 | Accounting principles generally accepted in the United States of America requires the Colleges management to evaluate tax positions taken by the College and to recognize a tax liability or asset if the College has taken an uncertain tax position that will more-likely-than-not be sustained upon examination by taxing authorities. The College analyzed its tax position for the year ended June 30, 2017 and determined that there was no uncertain tax position that would have a material impact on the Colleges financial statements. |
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 |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | 6a | FormAndLineReferenceDesc |
| Explanation | The College offers scholarships and student financial aid to assist with meeting the students financial obligations. The Financial Aid Office has the necessary policies and procedures to ensure that the College adheres to and complies with federal regulations regarding eligibility for student financial aid. Requirements for receiving scholarships depend on other factors, such as grade point average, family income, or athletic talents. | 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 | Privately Funded Student Scholarships | GrantTypeTxt |
| Recipient | 260 | RecipientCnt |
| Cash Grant | $1,440,446 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part III Line 1 | FormAndLineReferenceDesc |
| Explanation | All scholarships are awarded based upon specific criteria maintained by the financial aid office. Requirements for receiving scholarships depend upon other factors, such as grade point average, family income or economic need. The Colleges financial aid staff monitors the eligibility guidelines to ensure compliance. The College also undergoes the required Uniform Guidance audit annually. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, Line 11b | After preparation of the Form 990, a draft is provided to the Vice President for Administrative and Fiscal Affairs for review and approval to be finalized. The final Form 990 is made available to the Audit Committee of the Board of Trustees for review. Upon completion of the Audit Commitees review, the Form 990 is made available to all Trustees either by paper copy or electronically via secured access on the website. |
| Form 990, Part VI, Section B, Line 12c | Trustees are required to disclose at the next convening Board of Trustees meeting any conflict of interest. Trustees with a conflict of interest on a matter for vote must abstain from voting. The Colleges audit committee is responsible for adherence to the policy. |
| Form 990, Part VI, Section B, Line 15 | The salaries of the President and officers are determined by comparing compensation to peer institutions and receiving recommendations from a search committee. |
| Form 990, Part VI, Section C, Line 19 | The governing documents, conflict of interest policy and financial statements are available to the public upon request. |
| Form 990, Part XI, Line 9 | This amount represents an endowment loss in excess of amounts appropriated for operations, -1,250,555 and a loss on the sale of investment real estate, -259,088. |