NEWBERRY COLLEGE: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- NEWBERRY COLLEGE (EIN 57-0314404)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2018-05-09
- IRS object ID
- 201801299349301500
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-05-09T10:20:22-05:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 363990892 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Capin Crouse LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1255 Lakes Parkway STE 130 | AddressLine1Txt |
| City | Lawrenceville | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30043 | 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 | 570314404 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Newberry College | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NEWB | BusinessNameControlTxt |
| Phone | 8032765010 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2100 College Street | AddressLine1Txt |
| City | Newberry | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29108 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Kathy Worster | PersonNm |
| Person Title | VP of Business Affairs/CFO | PersonTitleTxt |
| Phone | 8032765010 | PhoneNum |
| Signature | 2018-05-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | David C Moja | PreparerPersonNm |
| PTIN | P00747006 | PTIN |
| Phone | 6785185301 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 139.146.132.42 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-05-09 | IPDt |
| IP Tm | 09:18:23 | IPTm |
| IP Timezone | MD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 51486FE2F4BF3A6B75BD3325BDC4EA3E15271DED | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 061E0148636589991382EDECE5C3E01E87E7FB81 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Maurice Scherrens | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2100 College Street | AddressLine1Txt |
| City | Newberry | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29108 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $41,534,595 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.newberry.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1856 | FormationYr |
| Legal Domicile State | SC | LegalDomicileStateCd |
| Activity Or Mission | Provide undergraduate education for approximately 1,000 students. | ActivityOrMissionDesc |
| Voting Members Governing Body | 23 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 22 | VotingMembersIndependentCnt |
| Total Employee | 504 | TotalEmployeeCnt |
| Total Volunteers | 24 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,648,707 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,769,085 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $35,906,367 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $36,992,299 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$392,697 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,291,886 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$1,682 | PYOtherRevenueAmt |
| CY Other Revenue | $21,720 | CYOtherRevenueAmt |
| PY Total Revenue | $38,160,695 | PYTotalRevenueAmt |
| CY Total Revenue | $41,074,990 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $14,108,566 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $14,648,318 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $11,689,350 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $11,345,914 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $78,245 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $84,627 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $988,127 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $15,038,617 | PYOtherExpensesAmt |
| CY Other Expenses | $14,782,746 | CYOtherExpensesAmt |
| PY Total Expenses | $40,914,778 | PYTotalExpensesAmt |
| CY Total Expenses | $40,861,605 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$2,754,083 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $213,385 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $51,009,600 | TotalAssetsBOYAmt |
| Total Assets EOY | $50,681,614 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $30,500,398 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $29,430,459 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $20,509,202 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $21,251,155 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | Newberry College challenges and nurtures students for lifetimes of service and leadership through intellectual transformation, social development, a culture of physical well-being, and spiritual growth by providing a Christian education in the Lutheran tradition. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $21,668,095 | ExpenseAmt |
| Grant | $14,648,318 | GrantAmt |
| Revenue | $26,581,178 | RevenueAmt |
| Desc | InstructionNewberry College has a rich tradition of providing personal attention, challenging academic programs, and a close-knit community that welcomes everyone. We combine our strong liberal arts foundation with specialized professional degree programs to prepare students such as you for successful futures. Newberry College prepares students in the Lutheran liberal arts tradition through our supportive academic community for lifelong intellectual and personal development, meaningful vocation, and engaged citizenship in the global society.Intellectual DevelopmentStudents will acquire, develop, and demonstrate:-knowledge of the arts, sciences, and humanities as ways of understanding the world and our place in it.-effective oral and written communication skills.-critical thinking and quantitative analytical skills necessary for interpreting information and solving problems in a 21st-century global society.-proficiency in information literacy.Personal DevelopmentStudents will acquire, develop, and demonstrate:-the ability to work with others as leaders or as members of a team to accomplish common goals in a diverse society.-an understanding of the heritage of the Christian faith and its contribution to humane problem solving in the evolving global community.-moral reasoning skills essential for making life choices that balance personal freedoms and societal responsibilities.-the knowledge, attitudes, and habits that contribute to a healthy lifestyle.Meaningful VocationStudents will acquire, develop, and demonstrate:-knowledge of the history, methods of inquiry, and current intellectual claims of a chosen specific discipline or interdisciplinary area of study.-knowledge and skills that foster life-long personal growth and professional development in their vocational pursuits.Engaged Citizenship in a Global SocietyStudents will acquire, develop, and demonstrate:-the values necessary for effective citizenship.-the skills and historical knowledge to think critically about complex national and global issues.-the qualities of personal and social responsibility necessary to sustain and deepen democracy.NOTEWORTHY:NEWBERRY COLLEGE RANKED AMONG NATION'S BEST BY U.S. NEWS & WORLD REPORTSeptember 13, 2016Newberry College earned three rankings on the 2017 U.S. News & World Report Best Colleges report published annually by the national magazine. Best Colleges in the South (#16)Best Value for Regional Colleges in the South (#3)Best Colleges for Veterans-Regional Colleges in the South (#8) Although Newberry College has ranked in the Top 50 for Best Colleges in the South for a number of years, the private liberal arts college rocketed ahead in this year's rankings, moving from #41 last year to #16 in the 2017 report.NEWBERRY COLLEGE HONORS WORLD WAR II VETERAN WITH HONORARY DOCTORATENovember 11, 2016First Lieutenant D. Murray Price reflects on his military service in World War Two with equal measures of pride and humility. As the number of living WWII veterans continues to dwindle, the number of requests for interviews and speaking engagements continues to increase for the 95-year-old former army aviator. He gladly accepts those requests, he said, to honor the memory of all those who served and sacrificed for their country.NEWBERRY COLLEGE TO HOST 33RD ANNUAL SOUTH CAROLINA SCIENCE OLYMPIAD COMPETITIONFebruary 7, 2017Approximately 400 middle school students from around the state of South Carolina will converge on Newberry College on Saturday, Feb. 18 for the 33rd annual South Carolina Science Olympiad middle school competition. These students have been hard at work for the past several months working to prepare themselves for the preeminent science competition in the United States. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $6,282,174 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $1,381,105 | RevenueAmt |
| Desc | Student ServicesAt Newberry College, learning takes place both inside and outside the classroom. No matter where you are -- on-campus, in-town, or off-the-beaten path, you'll exchange ideas and build relationships with faculty, students, and community members alike. You'll discover the "classroom" extends far beyond ivy-covered walls to the greater Newberry community, region, and world. Live, learn, play, and get a whole life education at Newberry. The Office of Residence Life encourages community and individual growth through effective residential programming and community involvement. We strive to create an environment that you call home and a community that feels like a family. We believe this residential culture is imperative to our mission and an important part of your learning process. We support you by providing everything you need to be successful including academic assistance, career guidance, health care, development, community service involvement, and academic excellence. Greek organizations are governed by their respective councils; IFC, NPC, and NPHC.NOTEWORTHY:TRIO OF WOLVES NAMED TO NABC HONORS COURTby Josh Manck, Assistant AD for Athletic Communications - July 26, 2016The National Association of Basketball Coaches (NABC) announced the 2015-16 NABC Honors Court, recognizing those men's collegiate basketball student-athletes who excelled in academics during the past season. WOMEN'S TEAM, NINE INDIVIDUALS EARN ITA ACADEMIC AWARDSby Josh Manck, Assistant AD for Athletic Communications - July 26, 2016The Newberry College women's tennis team earned the ITA All-Academic Team Award, while nine men and women were named ITA Scholar-Athletes on Friday, as announced by the Intercollegiate Tennis Association.The women's team earned the All-Academic Team Award for the fourth consecutive season, NEWBERRY WOLVES ARE 2016 SOUTH ATLANTIC CONFERENCE FOOTBALL CHAMPIONSNovember 14, 2016Unlikely though they may have seemed a mere half-hour before, public address announcer Dr. John Lesaine's words gave finality to what over 4,000 raucous fans had witnessed on the playing surface of Setzler Field moments before."Ladies and gentlemen, it gives me great pride and pleasure to present to you the 2016 South Atlantic Conference football champions, your Newberry College Wolves!" | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $5,908,854 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $9,030,016 | RevenueAmt |
| Desc | Auxiliary EnterprisesYour dining experience is more than great food. It is community experience centered on culinary expertise, fresh ingredients, healthy options and a shared sense of environmental and social responsibility. Our team is committed to creating the best possible dining experience. Join us to experience the comfort, convenience, outstanding food and inviting atmosphere designed especially for you.NOTEWORTHY:NEWBERRY COLLEGE BREAKS GROUND FOR NEW RESIDENCE HALLApril 21, 2017Newberry College today broke ground on a new residence hall. Construction on the $3.8 million student residence is expected to get underway in June 2017 and is slated to be ready for occupancy for the start of fall semester in August 2018. The new building will be adjacent to Walker Hall, a student residence constructed in 2006 on the corner of Luther Street and Wolves Way. The 22,866-square foot residence hall will be home to 76 students and three resident advisors. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)
| ExpenseExpenseAmt | GrantGrantAmt | RevenueRevenueAmt | DescDesc |
|---|---|---|---|
| $707,989 | $0 | $0 | Academic SupportNOTEWORTHYNEWBERRY COLLEGE HITS RECORD HIGH ENROLLMENT FOR INCOMING CLASSSeptember 7, 2016Newberry College enrolled a record high 381 new students, easing past its previous high water mark of 379 set in 2014. The incoming class increased by 10 percent compared to the 347 students who constituted the incoming class for 2015. Enrollment for the incoming class included 287 freshmen, 80 transfers and 14 readmits. Overall, the College enrollment reached 1,070 students for the fall 2016 semester, a slight increase over last year. |
| $99,047 | $0 | $0 | Public ServiceNOTEWORTHY:HISTORICAL MARKER HONORS DR. JULIAN E. GRANT, FOUNDER OF COUNTY'S ONLY BLACK HOSPITALOctober 26, 2016Newberry College today dedicated a historical marker at the original home site of Dr. Julian Edward Grant, who moved to Newberry in 1930 and was the only African-American physician in Newberry County at that time.LILLY ENDOWMENT GRANTS $352,000 FOR THEOLOGICAL ACADEMY FOR HIGH SCHOOL YOUTHDecember 1, 2016Newberry College has received a $352,000 grant from Lilly Endowment Inc. to establish Called to the Common Good: Theological Academy for High School Youth. The summer program invites high school students to consider how the Christian theological tradition can help them reflect on pressing ethical issues, such as poverty and environmental degradation, and to explore their own calling to a life of meaning and service. Called to the Common Good is part of Lilly Endowment Inc.'s High School Youth Theology Institutes initiative, which seeks to encourage young people to explore theological traditions, ask questions about the moral dimensions of contemporary issues and examine how their faith calls them to lives of service. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $807,036 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $34,666,159 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (1) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 1421 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 504 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | 0 | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 23 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 22 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Anissa Truesdale | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8032765010 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2100 College Street | AddressLine1Txt |
| City | Newberry | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29108 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (27 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 | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| Mr Hugo A Hap Pearce II | ||||||||
| Board Chair | 10.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Mr Eric Wells | ||||||||
| Board Vice Chair | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Mr Fred B Johnston | ||||||||
| Secretary | 8.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Mr Robert Best | ||||||||
| Treasurer | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Dr Laura N Black | ||||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| Dr Joe Blair Trey Castles | ||||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| Mr James P Coggins | ||||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| Ms Barbara L Davis | ||||||||
| Trustee | 5.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr Larry Dibiase | ||||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| Mr Eddie Havird | ||||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| Mr Robert James | ||||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| Ms Barbara Hartley Carey | ||||||||
| Trustee | 5.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr Frank Snyder | ||||||||
| Trustee | 5.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr Kevin Steelman | ||||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| Mr Wililam Steen | ||||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| Mr Joe Trainor | ||||||||
| Trustee/Exe Comm at Large | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| Ms Misty West | ||||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| The Rev Herman R Yoos III | ||||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| Mr Scott Berry | ||||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| Ms Jean Haggard | ||||||||
| Trustee | 5.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Lenna Young | ||||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| Jeanette Davis | ||||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| Mary Grate- Pyos | ||||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| Maurice Scherrens | ||||||||
| President | 37.50 | 1.00 | Yes (X) | $250,000 | $0 | $41,905 | ||
| Kathy Worster | ||||||||
| VP Admin Affairs & CFO | 37.50 | Yes (X) | $138,375 | $0 | $7,255 | |||
| Timothy Elston | ||||||||
| VPAA & Dean of College | 37.50 | $127,297 | $0 | $13,989 | Yes (X) | |||
| James Scott Joyner | ||||||||
| VP Institutional Advancemet | 37.50 | 2.00 | $128,215 | $0 | $20,742 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $643,887 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $83,891 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Aramark Services Inc | |||||
| PO Box 828441 | Philadelphia | PA | 19182 | Food Services | $2,342,760 |
| Sodexo | |||||
| 2100 College Street | Newberry | SC | 29108 | Facilities Management | $2,319,820 |
| West Electric Contractors | |||||
| PO Box 734 | Newberry | SC | 29108 | Construction | $1,483,704 |
| Net3 Technology | |||||
| 105 N Spring St Suite 100 | Greenville | SC | 29601 | Information Technology Services | $420,234 |
| Jenzabar Inc | |||||
| PO Box 55018 | Boston | MA | 022055018 | Maintenance and Consulting | $151,089 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $25,862 | FundraisingAmt |
| Government Grants | $95,357 | GovernmentGrantsAmt |
| All Other Contributions | $2,647,866 | AllOtherContributionsAmt |
| Noncash Contributions | $107,768 | NoncashContributionsAmt |
| Total Contributions | $2,769,085 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Tuition and fees | 611310 | $26,581,178 | $26,581,178 |
| Auxiliary enterprises | 611310 | $9,030,016 | $9,030,016 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,381,105 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,381,105 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $36,992,299 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $498,832 | TotalRevenueColumnAmt |
| Exclusion | $498,832 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $134,034 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $111,913 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $22,121 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $22,121 | TotalRevenueColumnAmt |
| Exclusion | $22,121 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,135,847 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $342,658 | SecuritiesAmt |
| Other | $135 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $793,189 | SecuritiesAmt |
| Other | -$135 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $793,054 | TotalRevenueColumnAmt |
| Exclusion | $793,054 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $4,498 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $25,862 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $4,899 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$401 | TotalRevenueColumnAmt |
| Exclusion | -$401 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $41,074,990 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $36,992,299 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,313,606 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,648,318 | TotalAmt |
| Program Services | $14,648,318 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $728,595 | TotalAmt |
| Program Services | $138,872 | ProgramServicesAmt |
| Management And General | $438,151 | ManagementAndGeneralAmt |
| Fundraising | $151,572 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,048 | TotalAmt |
| Program Services | $10,837 | ProgramServicesAmt |
| Management And General | $50,211 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,529,685 | TotalAmt |
| Program Services | $7,146,630 | ProgramServicesAmt |
| Management And General | $932,687 | ManagementAndGeneralAmt |
| Fundraising | $450,368 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $250,655 | TotalAmt |
| Program Services | $221,226 | ProgramServicesAmt |
| Management And General | $16,914 | ManagementAndGeneralAmt |
| Fundraising | $12,515 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,102,709 | TotalAmt |
| Program Services | $903,384 | ProgramServicesAmt |
| Management And General | $146,353 | ManagementAndGeneralAmt |
| Fundraising | $52,972 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $673,222 | TotalAmt |
| Program Services | $537,029 | ProgramServicesAmt |
| Management And General | $90,616 | ManagementAndGeneralAmt |
| Fundraising | $45,577 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,660 | TotalAmt |
| Management And General | $14,660 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95,043 | TotalAmt |
| Management And General | $95,043 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $84,627 | TotalAmt |
| Fundraising | $84,627 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,461 | TotalAmt |
| Management And General | $152,461 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,629,962 | TotalAmt |
| Program Services | $4,437,287 | ProgramServicesAmt |
| Management And General | $1,155,376 | ManagementAndGeneralAmt |
| Fundraising | $37,299 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,732 | TotalAmt |
| Program Services | $25,655 | ProgramServicesAmt |
| Management And General | $2,790 | ManagementAndGeneralAmt |
| Fundraising | $27,287 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $397,871 | TotalAmt |
| Program Services | $311,258 | ProgramServicesAmt |
| Management And General | $43,952 | ManagementAndGeneralAmt |
| Fundraising | $42,661 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,095,876 | TotalAmt |
| Program Services | $535,729 | ProgramServicesAmt |
| Management And General | $560,147 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,868,843 | TotalAmt |
| Program Services | $2,460,911 | ProgramServicesAmt |
| Management And General | $391,238 | ManagementAndGeneralAmt |
| Fundraising | $16,694 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $488,127 | TotalAmt |
| Program Services | $431,955 | ProgramServicesAmt |
| Management And General | $53,359 | ManagementAndGeneralAmt |
| Fundraising | $2,813 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,978 | TotalAmt |
| Program Services | $6,685 | ProgramServicesAmt |
| Management And General | $3,548 | ManagementAndGeneralAmt |
| Fundraising | $2,745 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,121,803 | TotalAmt |
| Program Services | $952,441 | ProgramServicesAmt |
| Management And General | $162,906 | ManagementAndGeneralAmt |
| Fundraising | $6,456 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,176,748 | TotalAmt |
| Program Services | $962,102 | ProgramServicesAmt |
| Management And General | $207,987 | ManagementAndGeneralAmt |
| Fundraising | $6,659 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $510,131 | TotalAmt |
| Program Services | $258,118 | ProgramServicesAmt |
| Management And General | $252,013 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Athletic Expenses | $390,877 | $390,877 | $0 | $0 |
| Dues and Organizational | $231,135 | $55,437 | $162,686 | $13,012 |
| Provision for Bad Debt | $168,579 | $0 | $168,579 | $0 |
| Production of Events | $165,525 | $117,373 | $20,811 | $27,341 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $206,395 | TotalAmt |
| Program Services | $114,035 | ProgramServicesAmt |
| Management And General | $84,831 | ManagementAndGeneralAmt |
| Fundraising | $7,529 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,861,605 | TotalAmt |
| Program Services | $34,666,159 | ProgramServicesAmt |
| Management And General | $5,207,319 | ManagementAndGeneralAmt |
| Fundraising | $988,127 | FundraisingAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part X | Yes (X) | InfoInScheduleOPartXInd |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,170,434 | BOYAmt |
| EOY | $2,226,801 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,913 | BOYAmt |
| EOY | $12,516 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,446,839 | BOYAmt |
| EOY | $1,613,519 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $477,299 | BOYAmt |
| EOY | $495,811 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $365,000 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $126,259 | BOYAmt |
| EOY | $157,391 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $66,620,083 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $40,590,684 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,077,136 | BOYAmt |
| EOY | $26,029,399 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,976,569 | BOYAmt |
| EOY | $13,219,029 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,312,224 | BOYAmt |
| EOY | $3,714,690 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,337,440 | BOYAmt |
| EOY | $1,227,839 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,717,487 | BOYAmt |
| EOY | $1,984,619 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,009,600 | BOYAmt |
| EOY | $50,681,614 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,247,913 | BOYAmt |
| EOY | $1,493,941 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $148,965 | BOYAmt |
| EOY | $124,739 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $416,303 | BOYAmt |
| EOY | $290,498 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,806,783 | BOYAmt |
| EOY | $24,980,604 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,189,724 | BOYAmt |
| EOY | $1,892,006 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $690,710 | BOYAmt |
| EOY | $648,671 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,500,398 | BOYAmt |
| EOY | $29,430,459 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $641,448 | BOYAmt |
| EOY | $6,568,413 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,137,117 | BOYAmt |
| EOY | $0 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,730,637 | BOYAmt |
| EOY | $14,682,742 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,509,202 | BOYAmt |
| EOY | $21,251,155 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,009,600 | BOYAmt |
| EOY | $50,681,614 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $213,385 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $488,752 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $39,816 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | 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 (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,129,956 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,816,534 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,529,673 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,648,707 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,769,085 | CurrentTaxYearAmt |
| Total | $18,893,955 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,129,956 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,816,534 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,529,673 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,648,707 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,769,085 | CurrentTaxYearAmt |
| Total | $18,893,955 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,889,763 | SubstantialContributorsTotAmt |
| Public Support Total170 | $17,004,192 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | -$204,041 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $451,361 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $567,117 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $423,524 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $632,866 | CurrentTaxYearAmt |
| Total | $1,870,827 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $19,628 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,571 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,498 | CurrentTaxYearAmt |
| Total | $27,697 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $20,792,479 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $170,492,021 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.81780 | PublicSupportCY170Pct |
| Public Support PY170 | 0.84380 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule A, Part II, Line 10, Explanation of Other Income: | Fundraising event income - 2012 Amount: $ 0. 2013 Amount: $ 0. 2014 Amount: $ 19,628. 2015 Amount: $ 3,571. 2016 Amount: $ 4,498. |
| 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. |
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
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $107,768 | RevenuesIncludedAmt |
| Assets Included | $1,495,216 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $12,786,401 | BeginningYearBalanceAmt |
| Contributions | $742,014 | ContributionsAmt |
| Investment Earnings Or Losses | $1,446,603 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,052,931 | OtherExpendituresAmt |
| End Year Balance | $13,922,087 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $14,102,044 | BeginningYearBalanceAmt |
| Contributions | $358,666 | ContributionsAmt |
| Investment Earnings Or Losses | -$613,338 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,060,971 | OtherExpendituresAmt |
| End Year Balance | $12,786,401 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $15,126,598 | BeginningYearBalanceAmt |
| Contributions | $649,786 | ContributionsAmt |
| Investment Earnings Or Losses | $450,738 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $700,894 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,424,184 | OtherExpendituresAmt |
| End Year Balance | $14,102,044 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $15,551,406 | BeginningYearBalanceAmt |
| Contributions | $290,433 | ContributionsAmt |
| Investment Earnings Or Losses | $1,083,918 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,799,159 | OtherExpendituresAmt |
| End Year Balance | $15,126,598 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $15,171,236 | BeginningYearBalanceAmt |
| Contributions | $310,717 | ContributionsAmt |
| Investment Earnings Or Losses | $945,952 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $876,499 | OtherExpendituresAmt |
| End Year Balance | $15,551,406 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.29990 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.70010 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,767,983 | OtherCostOrOtherBasisAmt |
| Book Value | $1,767,983 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $48,821,100 | OtherCostOrOtherBasisAmt |
| Depreciation | $25,268,630 | DepreciationAmt |
| Book Value | $23,552,470 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $13,117,508 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,941,336 | DepreciationAmt |
| Book Value | $176,172 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,913,492 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,380,718 | DepreciationAmt |
| Book Value | $532,774 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $26,029,399 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Cash surrender value of life insurance | $458,598 | F |
| Alternative investments | $305,372 | F |
| Corporate bonds | $2,950,720 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $3,714,690 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | U.S. government loan funds refundable | Desc |
| Amt | $648,671 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $648,671 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $26,960,942 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $488,752 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $41,351 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $156,628 | OtherRevenueAmt |
| Revenue Not Reported | $686,731 | RevenueNotReportedAmt |
| Revenue Subtotal | $26,274,211 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $152,461 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $14,648,318 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $14,800,779 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $41,074,990 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $26,218,989 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $41,351 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $116,812 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $158,163 | ExpensesNotReportedAmt |
| Expenses Subtotal | $26,060,826 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $152,461 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $14,648,318 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $14,800,779 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $40,861,605 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III, Line 4: | The Newberry College Archives-in the process of transforming a part-time effort into a formal records repository, research library, and outreach effort benefitting internal and external stakeholders-documents the history of the college, appraising, collecting, organizing, describing, and preserving records and other items of permanent institutional value; provides research assistance to administrators, faculty, staff, students, alumni, and the public; and interprets the history of Newberry College to the college community and the public. Preserving and interpreting the college's 160-year record of preparing students in the Lutheran liberal arts tradition for intellectual and personal development, meaningful vocation, and engaged citizenship makes a significant contribution to the institution's mission and helps shape its identity. Newberry College's Special Collections represent approximately 3,500 rare and unique print items donated to the library since its inception. The items represent historic assets as well as materials preserved by the library because of their scarcity, value or fragile condition. Like the archives, Newberry College's Special Collections represent the activities undertaken by the College throughout its history. |
| Part V, Line 4: | The College's endowments consist of approximately 456 individual funds established for a variety of purposes as a result of donor contributions. |
| Part X, Line 2: | The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the statements of activities. As of June 30, 2017 and 2016, the College had no uncertain tax positions that qualified for recognition or disclosure in the financial statements. The College files informational tax returns in the United States of America (U.S.). The College is generally no longer subject to U.S. federal tax examinations by tax authorities for years before 2014. |
| Part XI, Line 2d - Other Adjustments: | Rental Expenses 111,913. Fundraising Event Expenses 4,899. Change in Value of Perpetual Trusts 39,816. |
| Part XI, Line 4b - Other Adjustments: | Tuition Scholarships 14,648,318. |
| Part XII, Line 2d - Other Adjustments: | Rental Expenses 111,913. Fundraising Event Expenses 4,899. |
| Part XII, Line 4b - Other Adjustments: | Tuition Scholarships 14,648,318. |
| Form 990, Schedule D, Part V, Lines 2a-2c: | Newberry College has elected to early adopt the principles of FASB ASU No. 2016-14 (ASC 958) for its audited financial statements for the period ended June 30, 2018 and 2017. To date, Form 990 and its associated schedules have not been updated to reflect changes made by this standard. Thus, we have included the net asset categories in our audited financial statements on existing Form 990, Schedule D, Part V, Lines 2a-2c as follows: Line 2a - Without donor restrictions Line 2b - With donor restrictions The Accumulated activity is operating at a loss, thus the balance has been netted with the Original Gift on line 2b. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 | The College's racially non-discrimination policy is posted on the College's website. |
| Schedule E, Part I, Line 6 | The College utilizes the Federal Supplemental Educational Opportunity Grant, Federal Direct Loans, Federal Pell Grants, Federal Work Study, Federal Perkins Loan, and TEACH Grants. The College has received the National Science Foundation Grant for Education and Human Resources. Lastly, the College has loans through the USDA: Community Facility Direct Loan, Community Facility Guaranteed Loan, and the Business and Industry Guaranteed Loan. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Central America and the Caribbean | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | Program services | TypeOfActivitiesConductedTxt |
| Specific Services Provided | Mission trip | SpecificServicesProvidedTxt |
| Region Total Expenditures | $19,051 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $19,051 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $19,051 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, line 3: | FormAndLineReferenceDesc |
| Explanation | The organization tracked expenditures in accordance with accrual basis of accounting. | ExplanationTxt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Gross ReceiptsGrossReceiptsAmt | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt |
|---|---|---|---|---|---|---|---|---|
| Coleman Lew | ||||||||
| 326 W 10th Street | Charlotte | NC | 28202 | Consulting | 0 | $0 | $69,252 | -$69,252 |
| Jim Hale | ||||||||
| 2005 College Street | Newberry | SC | 29108 | Planned Giving | 0 | $0 | $15,375 | -$15,375 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $84,627 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$84,627 | TotalNetToOrganizationAmt |
| Licensed States | SC | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Golf Tournament | Event1Nm |
| Gross Receipts Event1 | $30,360 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $25,862 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $4,498 | GrossRevenueEvent1Amt |
| Cash Prizes Event1 | $400 | CashPrizesEvent1Amt |
| Non Cash Prizes Event1 | $1,512 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $2,541 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $412 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $34 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $0 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $30,360 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $25,862 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $4,498 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $400 | CashPrizesTotalEventsAmt |
| Non Cash Prizes Total Events | $1,512 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $2,541 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $412 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $34 | EntertainmentTotalEventsAmt |
| Direct Expense Summary Events | $4,899 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$401 | NetIncomeSummaryAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule G, Part I, Line 2b, column (iv): | FormAndLineReferenceDesc |
| Explanation | The professional fundraising services were consulting in nature, no gross receipts were directly generated from the services provided. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Scholarships | GrantTypeTxt |
| Recipient | 1091 | RecipientCnt |
| Cash Grant | $14,648,318 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | Awarded grants and scholarships are directly credited against the student's tuition balance. The Financial Aid Office tracks the amounts awarded and periodically runs reports to check for changes in eligibility for all outside grants or scholarships. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Maurice Scherrens | PersonNm |
| Title | President | TitleTxt |
| Base Compensation Filing Org | $250,000 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $12,500 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $29,405 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $291,905 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 1a | FormAndLineReferenceDesc |
| Explanation | Housing Allowance & Personal Services: As a condition of employment, and as a convenience to the University, the President is provided a home on University grounds. The University also provides grounds care and housekeeping for the home since the President hosts functions for the University at his home. The home is provided as a nontaxable benefit to the President. | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (4 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| Barbara Joyner | |||
| Family member of James Scott Joyner, VP Institutional Advancement | $50,211 | Compensation and benefits | 0 |
| Sandra J Scherrens | |||
| Family member of Maurice Scherrens, President | $9,805 | Compensation | 0 |
| Oakland Mill Master Tenant LLC | |||
| Entity more than 35% owned by Misty West, Trustee of organization | $1,053,600 | Rental of facilities | 0 |
| West Electrical CompanyWest Developemnt Company | |||
| Entity more than 35% owned by Misty West, Trustee of organization | $1,024,816 | Rental of facilities and construction services | 0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule L, Part IV, Business Transactions with Interested Persons: | FormAndLineReferenceDesc |
| Explanation | Oakland Mill Master Tenant and West Electrical Company/West Development are 100% owned by Misty West and family members. | ExplanationTxt |
Schedule M IRS990ScheduleM
Collectibles CollectiblesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 256 | ContributionCnt |
| Noncash Contributions Rpt F990 | $107,768 | NoncashContributionsRptF990Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Column (b): | FormAndLineReferenceDesc |
| Explanation | The number of contributions of donated Collectibles is the number of items contributed. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 1 | The Executive Committee shall have six (6) members, all of whom shall be voting Trustees, except for the President who shall be ex officio without vote and not counted as part of a quorum for the purpose of transacting business. The Chair, Vice Chair, Secretary and Treasurer of the Board of Trustees shall be members. The purpose of the Executive Committee is twofold: 1) It shall serve at the pleasure of the Board as its agent, to address the business of the Board between Board meetings; and 2) It shall assist the Chair and the President in their joint responsibility to help the Board to function effectively and efficiently by suggesting Board meeting agenda items and periodically assessing the quality of Board Committees work. The Executive Committee shall have authority to act for the Board of Trustees on all matters except for the following which shall be reserved for the Board: presidential selection and termination; Trustee and Board officer selection; changes in institutional mission and purposes; changes to the Charter, Constitution or these Bylaws; incurring of corporate indebtedness; sale of College assets or tangible property; adoption of the annual budget; and conferral of degrees. These Bylaws or other Board policy may reserve other powers for the Board of Trustees. In addition to its authority to take action on emergency matters which cannot or should not be deferred to the Board's next scheduled meeting, the Executive Committee shall oversee the work of Board Committees, the College's planning process or progress on planning goals, the Board's responsibility to support the President and assess his or her performance, and review annually the President's compensation and conditions of employment. |
| Form 990, Part VI, Section A, line 4 | The organization documented changes to the purpose and responsibilites of the audit committee. |
| Form 990, Part VI, Section B, line 11b | Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS. |
| Form 990, Part VI, Section B, line 12c | The organization requires all officers and board members to annually complete and sign a conflict of interest questionnaire. The Chairman of the Board of Trustees, President, CFO, Vice Chairman of the Board of Trustees, and Treasury of the Board of Trustees is responsible for reviewing signed statements and ensuring that interested persons are in compliance with the conflict of interest policy. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. |
| Form 990, Part VI, Section B, line 15 | The independent Board of Trustees determines the compensation for the President. The approval process is documented. The President sets the compensation for the other officers and informs the Board of the compensation, he is independent. |
| Form 990, Part VI, Section C, line 19 | The College's bylaws, constitution, and conflict of interest policy are made available to the public upon request. The financial statements are not made available to the public. |
| Form 990, Part IX, line 11g | Food services: Program service expenses 2,052,219. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,052,219. Security: Program service expenses 130,456. Management and general expenses 0. Fundraising expenses 0. Total expenses 130,456. Other services: Program service expenses 150,785. Management and general expenses 556,165. Fundraising expenses 37,299. Total expenses 744,249. Sports medicine contract: Program service expenses 100,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 100,000. Student services: Program service expenses 652,623. Management and general expenses 394,929. Fundraising expenses 0. Total expenses 1,047,552. Program instruction: Program service expenses 269,129. Management and general expenses 0. Fundraising expenses 0. Total expenses 269,129. Public service: Program service expenses 101,232. Management and general expenses 0. Fundraising expenses 0. Total expenses 101,232. Facilities: Program service expenses 980,843. Management and general expenses 204,282. Fundraising expenses 0. Total expenses 1,185,125. |
| Form 990, Part X, Lines 27-29: | Newberry College has elected to early adopt the principles of FASB ASU No. 2016-14 (ASC 958) for its audited financial statements for the period ended June 30, 2018 and 2017. To date, Form 990 and its associated schedules have not been updated to reflect changes made by this standard. Thus, we have included the net asset categories in our audited financial statements on existing Form 990, Part X, Lines 27-29 as follows: Net assets without donor restrictions $ 6,568,413 Net assets with donor restrictions 14,682,742 Total net assets $21,251,155 Unrestricted net assets $ 6,568,413 Temporarily restricted net assets 4,447,170 Permanently restricted net assets 10,235,572 Total net assets $21,251,155 |
| Form 990, Part XI, line 9: | Change in value of perpetual trusts 39,816. |
| Form 990, Part XII, Line 2c: | The organization's Board 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. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Newberry College Foundation Inc | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2100 College Street | AddressLine1Txt |
| City | Newberry | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29108 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 576026382 | EIN |
| Primary Activities | To support the mission of the College | PrimaryActivitiesTxt |
| Legal Domicile State | SC | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | Line 12a, I | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Newberry College | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | 0 | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Perpetual trusts (3) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | Trust | PrimaryActivitiesTxt |
| Legal Domicile State | SC | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Newberry College | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt |
|---|
| Newberry College Foundation Inc |
| D |
| Newberry College Foundation Inc |
| K |