2018-03-01T14:29:51-06:00 2017-05-31 410746749 CLIFTONLARSONALLEN LLP 301 SW ADAMS STE 1000 PEORIA IL 61602 990 2016-06-01 370711798 LINCOLN CHRISTIAN UNIVERSITY LINC 2177323168 100 CAMPUS VIEW DR LINCOLN IL 62656 DON GREEN PRESIDENT 2177323168 2018-02-13 1 SAMUEL A CIGELNIK CPA P00324762 3096714500 2018-02-13 67.137.57.251 2018-02-13 16:11:41 CS P 6CDBCBA39B0ACEB45ED2BE4BC0EF1B3B10E95CFF AF58493EF97992E570059CF9083D4049179B4727 2016 2021-01-29 14:40:06Z DON GREEN 100 CAMPUS VIEW DR LINCOLN IL 62656 12194676 0 X WWW.LINCOLNCHRISTIAN.EDU X 1944 IL LCU IS A HIGHER EDUCATION COMMUNITY WHOSE MISSION IS TO NUTURE AND EQUIP CHRISTIANS WITH A BIBLICAL WORLDVIEW TO SERVE AND LEAD IN THE CHURCH AND IN THE WORLD IN DOING SO LCU OFFERS TRADITIONAL SEMINARY AND ADULT LEARNING PROGRAMS. 12 11 401 16 0 0 2494608 2450133 9993613 9046679 95225 85936 15767 10052 12599213 11592800 1749177 1633091 0 0 6741980 6443625 0 0 555452 4498591 3860445 12989748 11937161 -390535 -344361 28613920 27849221 12820981 12177513 15792939 15671708 TO NUTURE AND EQUIP CHRISTIANS WITH A BIBLICAL WORLDVIEW TO SERVE AND LEAD IN THE CHURCH AND IN THE WORLD. 0 0 10331186 1633091 9060947 LINCOLN CHRISTIAN UNIVERSITY IS A CHRISTIAN HIGHER EDUCATION COMMUNITY WHOSE MISSION IS TO NURTURE AND EQUIP CHRISTIANS WITH A BIBLICAL WORLDVIEW TO SERVE AND LEAD IN THE CHURCH AND THE WORLD. LCU OFFERS DEGREES IN EDUCATION, BIBLE/BIBLICAL STUDIES AND THEOLOGY, PRE-NURSING, BUSINESS ADMINISTRATION, CHILDREN'S MINISTRY, CHRISTIAN MINISTRY, COMMUNICATION STUDIES, INTERCULTURAL STUDIES, PHILOSOPHY AND APOLOGETICS, PREACHING MINISTRY, PSYCHOLOGY, CHURCH HISTORY/HISTORICAL THEOLOGY, SPIRITUAL FORMATION AND MINISTRY, WORSHIP MINISTRY, YOUTH AND FAMILY MINISTRY, MARRIAGE AND FAMILY THERAPY, ORGANIZATIONAL LEADERSHIP, RELIGIOUS EDUCATION, COUNSELING. DEGREES AWARDED ARE AT THE FOLLOWING LEVELS: CERTIFICATES, ASSOCIATES, BACHELORS, MASTERS, AND DOCTORATES. 10331186 1 1 0 0 0 0 0 0 0 1 1 0 1 0 1 1 1 0 1 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 61 0 1 401 1 0 0 0 0 0 0 0 0 0 0 X 12 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X STEVE POPENFOOSE 2177323168 100 CAMPUS VIEW DR LINCOLN IL 62656 DONALD GREEN PRESIDENT 40.00 X X 95324 0 9350 DOUG KLENDWORTH TRUSTEE 1.00 X 0 0 0 DR SHERRY MILLER TRUSTEE 1.00 X 0 0 0 JENNY BRAUN SECRETARY 1.00 X X 0 0 0 KATHRYN RANSOM TRUSTEE 1.00 X 0 0 0 DUSTIN FULTON TRUSTEE 1.00 X 0 0 0 DWAYNE COOPER TRUSTEE 1.00 X 0 0 0 KAREN DIEFENDORF VICE CHAIRPERSON 1.00 X X 0 0 0 HABEEB HABEEB TRUSTEE 1.00 X 0 0 0 WARREN KNOLES TRUSTEE 1.00 X 0 0 0 PAT MCDONALD TRUSTEE 1.00 X 0 0 0 MARK MILLER BOARD CHAIR 3.00 X X 0 0 0 STEVE POPENFOOSE VICE PRESIDENT OF FINANCE 40.00 X 75000 0 9350 170324 0 18700 0 0 0 0 CHARTWELLS DINING SERVICES PO BOX 91337 CHICAGO IL 60693 OUTSOURCED FOOD SERVICE 706566 EASTERN LLC 8965 S EASTERN AVE STE 300 LAS VEGAS NV 89123 LEASE FACILITIES 159373 INTEGRITY TECHNOLOGY PO BOX 841118 KANSAS CITY MO 64184 TECHNOLOGY ADVICE & PLANNING, NETWORK SE 130078 3 9430 9775 47080 2383848 2450133 SCHOOL OF UNDERGRADUATE STUDIES 611000 3508541 3508541 NON-TRADITIONAL EDUCATION 611000 2013639 2013639 AUXILIARY 611000 1936597 1936597 SEMINARY 611000 1271867 1271867 CAMPUS EVENTS 611710 146919 146919 169116 169116 9046679 83036 83036 11368 0 11368 11368 11368 596020 2900 596020 0 0 2900 2900 2900 4540 9775 5856 -1316 -1316 11592800 9060947 0 81720 X 2579 2579 1630512 1630512 382901 152000 170324 60577 4805043 4025067 421767 358209 24444 24444 955774 943857 11917 275463 240293 19524 15646 51860 51860 27174 20433 6741 22563 22563 131178 81467 13254 36457 309430 209847 43445 56138 430898 411190 19708 662066 629380 32686 144809 119123 10269 15417 44995 32856 2908 9231 307667 307667 873897 824488 49409 FOOD SERVICES 617214 617214 CONSULTANTS 238982 150617 88365 MISCELLANEOUS 77457 73252 2854 1351 BANK FEES 63937 526 60985 2426 -143682 -188189 44507 11937161 10331186 1050523 555452 1546 1546 1687821 849061 46953 319490 840400 965545 4070 6721 42889 59178 32964600 17973706 15497758 14990894 3317611 3484316 14733 12017 7139605 7139919 20534 20534 28613920 27849221 361119 262934 698482 494619 10242393 10164947 1518987 1255013 12820981 12177513 X 4742009 6050580 6242036 4697029 4808894 4924099 15792939 15671708 28613920 27849221 -344361 223130 0 X X 0 1 X 1 1 1 X 2634421 2373736 2550340 2494608 2450133 12503238 2634421 2373736 2550340 2494608 2450133 12503238 725839 11777399 686134 68242 125984 109553 94404 1084317 -2626 -2626 13584929 56528136 0.86690 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5026467 115205 187701 102253 5227120 4969959 234373 -58290 119575 5026467 4711233 321245 69250 131769 4969959 4480668 149465 235601 154501 4711233 4205518 189271 247929 162050 4480668 0.00000 0.94200 0.05800 0 0 636155 636155 21688852 8876881 12811971 7065400 6587509 477891 3574193 2509316 1064877 14990894 FARMLAND 7139919 F 7139919 ANNUITY LIABILITY 322171 CHARITABLE TRUST LIABILITY 498302 FEDERAL PERKINS LIABILITY 434540 1255013 X 10376563 223130 223130 10153433 1439367 1439367 11592800 10497794 0 10497794 1439367 1439367 11937161 PART X, LINE 2: ON JUNE 1, 2009, THE UNIVERSITY ADOPTED THE FINANCIAL ACCOUNTING STANDARDS BOARD'S NEW ACCOUNTING REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS. UNDER THESE NEW REQUIREMENTS, A TAX POSITION THAT MEETS THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD IS INITIALLY AND SUBSEQUENTLY MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON SETTLEMENT WITH A TAXING AUTHORITY THAT HAS FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. THE UNIVERSITY DETERMINED THAT IT WAS NOT REQUIRED TO RECORD A LIABILITY FOR UNRECOGNIZED TAX BENEFITS AS A RESULT OF IMPLEMENTING THE NEW REQUIREMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS NETTED AGAINST REVENUE 1,630,512. CHANGE IN VALUE OF SPLIT-INTEREST -188,189. FUNDRAISING EXPENSES -5,856. GAIN ON SALE OF FIXED ASSETS 2,900. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS NETTED AGAINST REVENUE 1,630,512. CHANGE IN VALUE OF SPLIT-INTEREST -188,189. FUNDRAISING EXPENSES -5,856. GAIN ON SALE OF FIXED ASSETS 2,900. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 6 LCU RECEIVES FINANCIAL AID FROM THE STATE OF ILLINOIS AND AID FROM THE FEDERAL GOVERNMENT IN THE FORM OF PELL GRANTS, SEOG, FEDERAL DIRECT STUDENT LOANS, ACADEMIC COMPETITIVENESS GRANTS, AND PERKINS LOANS. 0 0 0 0 0 0 0 0 0 0 10% INTERNATIONAL STUDENT GRANT FOR CHINESE CITIZENS STUDYING AT LCU CHINA 22 80275 PER SEMESTER, ON ACCOUNT 0 0 0 0 0 0 0 TRADITIONAL UNDERGRADUATE STUDENTS 375 1132671 NON-TRADITIONAL UNDERGRADUATE 36 109056 SEMINARY GRANTS 64 185871 ENDOWED SCHOLARSHIPS 68 202914 X 1 1 X X 0 0 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PRESENTED TO THE AUDIT COMMITTEE WHO PRESENTS IT TO THE FULL BOARD FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE BOARD OF TRUSTEES AND KEY OFFICERS ARE REQUIRED TO SIGN CONFLICT OF INTEREST AGREEMENTS WHERE THEY WOULD DISCLOSE PERTINENT INFORMATION. FORM 990, PART VI, SECTION B, LINE 15 OFFICER AND KEY EMPLOYEE'S COMPENSATION IS COMPARED TO SIMILAR SIZED ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 LCU'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST AGREEMENTS, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 24E BAD DEBT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 44,507. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 44,507. CHANGE IN SPLIT INTEREST VALUE: PROGRAM SERVICE EXPENSES -188,189. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES -188,189. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE OVERSEES THE SELECTION OF THE INDEPENDENT AUDITOR AND THE AUDITING PROCESS. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.