2018-05-11T13:16:57-05:00 2017-06-30 363990892 Capin Crouse LLP 1255 Lakes Parkway Suite 130 Lawrenceville GA 30043 990 2016-07-01 586044761 Point University Inc POIN 7063851000 507 West 10th Street West Point GA 31833 Arthur B Dana CFO 4047618861 2018-05-11 1 David C Moja P00747006 6785185301 2016 2022-09-23 18:48:47Z Dean Collins 507 West 10th Street West Point GA 31833 39359262 0 X www.point.edu X 1928 GA To educate students for Christ-centered service and leadership throughout the world. 19 19 616 19 0 0 7090330 12454958 22612617 25889801 319629 164263 454515 816148 30477091 39325170 6843504 11085450 0 0 10875470 12402916 0 0 1003777 14401707 15573958 32120681 39062324 -1643590 262846 35820963 36179562 16882227 16979793 18938736 19199769 The mission of Point University is to educate students for Christ-centered service and leadership throughout the world. 0 0 32301974 11085450 26694529 Point University offers associate degree programs, bachelor's degree programs, master's degree programs, and certificate programs in the academic areas of biblical studies and ministry, business and leadership, social and behavioral sciences and human services, education, humanities, music, biology, and exercise and health sciences (not all academic areas at all levels). Over 1,900 students are enrolled in the residential program at West Point, the Online program, and off-site locations (Peachtree City and Savannah in Georgia). 32301974 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1862 0 1 616 1 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 GA X Art Dana 7063851000 507 West 10th Street West Point GA 31833 David Deeter Trustee, Chairman 1.00 X X 0 0 0 Mike Waers Trustee, Vice Chairman 1.00 X X 0 0 0 Larry Vierling Trustee, Board Secretary 1.00 X X 0 0 0 Tony Collins Trustee, Treasurer 1.00 X X 0 0 0 Alan Stith Trustee 1.00 X 0 0 0 Art Dana Trustee 1.00 X 0 0 0 Dr Billye Joyce Fine Trustee 1.00 X 0 0 0 Bob Johnson Trustee 1.00 X 0 0 0 Cam Huxford Trustee 1.00 X 0 0 0 Andrew Cathy Trustee 1.00 X 0 0 0 J Ross Green Trustee 1.00 X 0 0 0 Dr Jim Sloderbeck Trustee 1.00 X 0 0 0 Marvin Bussey Trustee 1.00 X 0 0 0 Paul Leslie Trustee 1.00 X 0 0 0 Dr Ralph Swearngin Trustee 1.00 X 0 0 0 Rob Raynor Trustee 1.00 X 0 0 0 Bob Day Trustee 1.00 X 0 0 0 David McDaniel Trustee 1.00 X 0 0 0 Andre' Kennebrew Trustee 1.00 X 0 0 0 Dean Collins President 40.00 X 201876 0 54446 Daniel Frazier VP Business & Finance (part year) 40.00 X 139234 0 17140 Wendy Barnhart VP Business & Finance 40.00 X 0 0 0 Wilbert Darryl Harrison Chief Academic Officer 40.00 X 104754 0 16240 Lance Francis Chief Operating Officer 40.00 X 125004 0 0 Stephen Todd Weaver Faculty 40.00 X 132732 0 22667 703600 0 110493 5 0 1 0 Follet Higher Education Group LLC 3146 Solutions Center Chicago IL 60677 Campus Bookstore 908784 SAGE Dining Services INC 1402 York Road Lutherville MD 21093 Food Service 661373 Crest Club LLC 100 Crest Club Circle Valley AL 36854 Student Housing 600131 Kimble's Food by Design 607 Hines Street LaGrange GA 30241 Dining services 550588 DeMoss Inc 343 Peachtree Rd NE Suite 1000 Atlanta GA 30326 Advertising Agency 483275 26 4195137 8259821 22860 12454958 Tuition and fees 611710 22195035 22195035 Auxiliary services 611710 3694766 3694766 25889801 163093 163093 11420 0 11420 11420 11420 35262 34092 1170 1170 1170 Contractor damages 900099 474686 474686 330042 330042 804728 39325170 26694529 0 175683 11085450 11085450 674393 146273 473047 55073 9886524 9058367 377292 450865 138119 62154 69750 6215 1064373 478968 537508 47897 639507 287778 322951 28778 134650 65588 63411 5651 149907 67458 75703 6746 1193912 1157147 32495 4270 592677 562118 30559 207575 158782 18076 30717 134793 60657 68070 6066 3274405 1625903 1632732 15770 594494 581944 5816 6734 863751 734188 86375 43188 1788625 1504603 194987 89035 438469 227729 193498 17242 Other Operating 3846868 2669295 1057231 120342 Repairs and Maintenance 1147446 638446 471915 37085 Food expense 1131811 1129126 1141 1544 Bad debt 74575 74575 39062324 32301974 5756573 1003777 730923 732511 7367837 6124928 1519160 3096460 95563 55901 270538 529124 35929288 10512594 25164997 25416694 671945 223944 35820963 36179562 1510205 777821 183425 132984 14556293 15560531 632304 508457 16882227 16979793 X 12973880 11827346 2082965 3466407 3881891 3906016 18938736 19199769 35820963 36179562 262846 -1813 0 X X 0 1 X 1 1 1 X 9006948 6389860 8443918 7090330 12454958 43386014 9006948 6389860 8443918 7090330 12454958 43386014 14771088 28614926 654885 129195 191131 199770 174513 1349494 33293 42867 234463 440656 804728 1556007 46291515 108427212 0.61810 0.66310 X Schedule A, Part II, Line 10, Explanation of Other Income: Miscellaneous income - 2012 Amount: $ 33,293. 2013 Amount: $ 42,867. 2014 Amount: $ 233,173. 2015 Amount: $ 440,656. 2016 Amount: $ 330,042. Contractor damages - 2016 Amount: $ 474,686. Fundraising events - 2014 Amount: $ 1,290. Schedule A, Part II: The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and qualifies to use the first listed special rule for Schedule B reporting. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 4311675 24125 108000 167387 4276413 4169122 25867 116686 4311675 3998265 69786 122116 21045 4169122 3305716 569018 123531 3998265 3247520 32445 130293 97255 7287 3305716 0.91340 0.08660 0 0 4578584 4578584 15480293 1869598 13610695 1910452 443954 1466498 5241790 5241790 0 8718169 2957252 5760917 25416694 Capital lease obligation 508457 508457 Part V, Line 4: The funds are invested for the purpose of granting annual academic scholarships to students of Point University in perpetuity and in accordance with donor stipulations. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 All of the school's published documentation includes the statement of its racial nondiscrimination policy. Schedule E, Part I, Line 6 Form 990- Schedule A, Part V Line 34A: The University receives governmental support to aid students needing educational assistance. Monies are awarded through three federal programs: Pell Grant, Federal Supplemental Educational Opportunity Grant, and the Federal Work Study. In addition the University receives State Support for students needing educational assistance. 1 Scholarships and student aid 1766 11085450 Part I, Line 2: Scholarships and tuition discounts are awarded to students on an individual basis. Awards are based on demonstrated financial need, academic preparation, and mission compatability of the student. The financial aid department has primary responsibility for evaluating students for awards but collaborates with a wider range of colleagues throughout the institution. X 1 1 X X X 0 0 0 0 0 0 0 0 0 Dean Collins President 201876 0 0 0 0 0 0 0 54446 0 256322 0 0 0 Daniel Frazier VP Business & Finance (part year) 139234 0 0 0 0 0 0 0 17140 0 156374 0 0 0 Stephen Todd Weaver Faculty 132732 0 0 0 0 0 4119 0 18548 0 155399 0 0 0 Part I, Line 1a A nontaxable housing allowance is provided to the President, who is an ordained minister. Form 990, Part VI, Section B, line 11b The Form 990 was prepared by an independent CPA Firm and reviewed in detail by the organization's top management. The reviewed Form 990 is then forwarded to the board of directors prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The conflict of interest policy is regularly discussed by the Audit Committee with evidence of compliance recorded in the Board meeting minutes. If a conflict were to arise, the party with the conflict would abstain from voting on matters regarding the conflict. Form 990, Part VI, Section B, line 15a Form 990, Part VI, Section B, Line 15a: The President's compensation is reviewed by the Finance Committee of the Board of Trustees. Comparative data from similar colleges and universities is obtained annually to assist in determining compensation levels. This process is documented in the board minutes upon compensation approval. Form 990, Part VI, Section B, Line 15b: While no formal comparative data is used, from professional knowledge, management is aware salaries for officers and key employees are lower compared to similar executives in higher education. Top management and key employees' compensation is determined by the Finance Committee of the Board of Trustees. This process is documented in the board minutes upon compensation approval. Form 990, Part VI, Section C, line 19 Point University makes its governing documents, conflict of interest policy, and financial statements available upon request. Form 990, Part XII, Line 2c: The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year. Point University Golf Club LLC 2001 Country Club Road Lanett AL 36863 473728196 Golf course AL 265084 4262476 Point University