2018-01-23T07:13:13-06:00 2017-05-31 581304721 LANIGAN & ASSOCIATES P C 314 GORDON AVENUE THOMASVILLE GA 31792 990 2016-06-01 580644897 THOMAS UNIVERSITY THOM 2292261621 1501 MILLPOND RD THOMASVILLE GA 31792 RANDY LIVINGSTON VP FOR FINANCE AND ADMINISTRATION 2292261621 2018-01-23 1 JOHN KEILLOR P01315239 2292268320 64.39.155.8 2018-01-23 08:11:51 ES P 40B4FF32C35A9C0CC8C16A57885B80A04C43F7E2 EED0964B19CB1E76519F7AB4B2B9E65C30BDF9CF 2016 2021-01-29 14:40:06Z RANDY LIVINGSTON 1501 MILLPOND RD THOMASVILLE GA 31792 17536416 0 X WWW.THOMASU.EDU X INSTITUTION OF HIGHER EDUCATION 1950 GA THOMAS UNIVERSITY IS AN INDEPENDENT, NOT FOR PROFIT, INSTITUTION OF HIGHER EDUCATION WITH UNDERGRADUATE AND GRADUATE PROGRAMS THAT PREPARE STUDENTS FOR SUCCESSFUL CAREERS AND RESPONSIBLE CITIZENSHIP IN A RAPIDLY CHANGING AND COMPLEX WORLD. 28 28 360 0 0 0 2475029 1529313 15687392 15861916 337160 87548 39417 34727 18538998 17513504 3112101 3388009 0 0 8362737 8661027 0 0 364384 5752105 6285507 17226943 18334543 1312055 -821039 22265386 22865834 6247206 7188249 16018180 15677585 THOMAS UNIVERSITY IS AN INDEPENDENT, NOT FOR PROFIT, INSTITUTION OF HIGHER EDUCATION WITH UNDERGRADUATE AND GRADUATE PROGRAMS THAT PREPARE STUDENTS FOR SUCCESSFUL CAREERS AND RESPONSIBLE CITIZENSHIP IN A RAPIDLY CHANGING AND COMPLEX WORLD. 0 0 5907635 3388009 14814439 THE PRIMARY EXEMPT PURPOSE OF THOMAS UNIVERSITY IS TO PROVIDE EDUCATIONAL AND GENERAL INSTRUCTION SERVICES THROUGH A DYNAMIC LEARNING ENVIRONMENT. INNOVATIVE MODELS FOR REACHING LEARNERS BY FACULTY AND STAFF. OFFERING ASSOCIATE'S, BACHELOR'S, AND MASTER'S DEGREES, OUR HIGHEST GOAL IS TO PROVIDE AN EDUCATIONAL EXPERIENCE THAT EXPLORES AND DEVELOPS EACH STUDENT'S FULL POTENTIAL. NUMBER OF GRADUATES FOR THE FISCAL YEAR: 357 3658593 STUDENT SERVICES - A THOMAS UNIVERSITY EDUCATION INCLUDES CURRICULAR AND CO-CURRICULAR EXPERIENCES WHICH INCREASE THE TRAJECTORY OF A STUDENT'S DEVELOPMENT SOCIALLY, PHYSICALLY, CULTURALLY, AND INTELLECTUALLY. AS A RESULT, THE OVERALL STUDENT EXPERIENCE IS ONE WHICH GIVES STUDENTS THE OPPORTUNITY TO TEST THE THEORETICAL IN REAL WORLD APPLICATIONS, THUS PREPARING THEM FOR LIFE BEYOND HIGHER EDUCATION. THESE SERVICES INCLUDE ATHLETICS, PLACEMENT REGISTAR, FINANCIAL AID, SECURITY, BUSINESS OFFICE AND OTHER SUPPORT TO CURRENT AND FORMER STUDENTS. ENROLLED STUDENTS MAY BECOME INVOLVED IN ONE OF THE MANY DIFFERENT STUDENT ORGANIZATIONS. 1530289 1020577 THE UNIVERSITY CONDUCTED AUXILIARY PROGRAMS FOR THE CONVENIENCE OF STUDENTS, FACULTY, STAFF, AND THE AT-LARGE COMMUNITY. THESE PROGRAMS CONSIST OF STUDENT HOUSING, FOOD SALES, AND ATHLETIC CAMPS. 3960314 149175 3960314 149175 15056831 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 29 0 1 360 1 0 0 0 0 0 1 1 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X X RANDY LIVINGSTON 2292261621 1501 MILLPOND RD THOMASVILLE GA 31792 MR JOHN GLENN TRUSTEE 1.00 X 0 0 0 MR RANKIN SMITH CHAIR 1.00 X 0 0 0 MR BRYANT BEADLES TRUSTEE 1.00 X 0 0 0 MR KEVIN CAULEY TRUSTEE 1.00 X 0 0 0 MR CHARLES DAVIS TRUSTEE 1.00 X 0 0 0 MR PHILLIP DAVIS TRUSTEE 1.00 X 0 0 0 MR CHARLES DIXON TRUSTEE 1.00 X 0 0 0 MR JOHN EVERETT TRUSTEE 1.00 X 0 0 0 MRS SABRINA BOYKINS-EVERETT TRUSTEE 1.00 X 0 0 0 MR VINCENT HILL TRUSTEE 1.00 X 0 0 0 MR ZEKE JOHNSON TRUSTEE 1.00 X 0 0 0 MR CLINT KADEL TRUSTEE 1.00 X 0 0 0 DR DUSTY KORNEGAY TRUSTEE 1.00 X 0 0 0 MR PHILIP LEABO JR TRUSTEE 1.00 X 0 0 0 MR GENE LORD TRUSTEE 1.00 X 0 0 0 MR RONNIE MARCHANT TRUSTEE 1.00 X 0 0 0 MR PERRY MUSTIAN TRUSTEE 1.00 X 0 0 0 MRS ANNIE PERKINS TRUSTEE 1.00 X 0 0 0 MR RALEIGH ROLLINS TRUSTEE 1.00 X 0 0 0 MR TERRY ROUSE TRUSTEE 1.00 X 0 0 0 MR HARRY TOMLINSON TRUSTEE 1.00 X 0 0 0 MR GARY TUCKER TRUSTEE 1.00 X 0 0 0 MRS MARTA TURNER TRUSTEE 1.00 X 0 0 0 MRS KATHY VIGNOS TRUSTEE 1.00 X 0 0 0 MR FORTSON RUMBLE VICE CHAIR 1.00 X 0 0 0 DR ANDY SHEPPARD PRESIDENT 55.00 X X 225000 0 0 MR SCOTT RICH TRUSTEE 1.00 X 0 0 0 MR MARVIN DAWSON TRUSTEE 1.00 X 0 0 0 DR ANN LANDIS EXECUTIVE VICE PRESIDENT 50.00 X 0 0 0 MR GRADY ENLOW VP FOR INSTITUTIONAL ADVAN 50.00 X 121025 0 0 RANDY LIVINGSTON VP OF FINANCE & ADMINISTRATION 50.00 X 135000 0 0 SUSAN BACKOFEN VP OF ENROLLMENT 50.00 X 130000 0 0 611025 0 0 4 0 1 0 BARBER CONTRACTING COMPANY 110 1ST STREET SE MOULTRIE GA 31768 CONSTRUCTION OF GENEALOGICAL LIBRARY 870930 CGM CONSTRUCTION GROUP LLC 117 COMMERCE PARK DR THOMASVILLE GA 31757 CONSTRUCTION OF STUDENT DORMS 704760 NATIONAL MANAGEMENT RESOURCES PO BOX 1224 LAGRANGE GA 30241 MAINTENANCE, CUSTODIAL SERVICES, SECURIT 554448 3 844806 684507 1529313 TUITION AND FEES 611710 14821172 14821172 AUXILIARY ENTERPRISES 611710 1040744 1040744 15861916 87548 87548 57639 22912 34727 34727 17513504 15984191 0 0 3388009 3388009 611025 130000 481025 6499677 5697418 492626 309633 232062 171221 45040 15801 767343 635320 132023 550920 451879 73821 25220 11807 11807 48250 48250 112829 112829 60164 49370 6540 4254 356451 356451 487780 459843 18461 9476 174705 174705 681244 681244 152580 152580 INSTITUTIONAL SUPPORT 1585623 1585623 EDUCATIONAL AND GENERAL 1374744 1356632 18112 STUDENT SERVICES 862142 862142 AUXILIARY EXPENSE 377188 377188 18334543 15056831 2913328 364384 1463104 680855 563422 107002 411065 416638 60442 50885 37594 19 22070891 5902790 14791044 16168101 4938715 5442334 22265386 22865834 776350 344476 376957 331596 4971392 6399664 122507 112513 6247206 7188249 X 11518775 10799921 2951518 3306727 1547887 1570937 16018180 15677585 22265386 22865834 -821039 480444 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4938715 23176 602542 86835 35264 5442334 5221804 57867 32792 334891 38857 4938715 5027393 31160 374497 171851 39395 5221804 4643114 17058 563392 159281 36890 5027393 4152854 145064 531010 153291 32523 4643114 0.46600 0.28800 0.24600 0 0 899176 899176 12033214 3173390 8859824 7979676 2351985 5627691 1158825 377415 781410 16168101 EQUITY SECURITIES 4009250 F FIXED INCOME SECURITIES 1150548 F SHORT TERM INVESTMENTS 282536 F 5442334 FUNDS HELD FOR OTHERS 112513 112513 X 14628851 480444 22912 503356 14125495 3388009 3388009 17513504 14969446 22912 22912 14946534 3388009 3388009 18334543 PART V, LINE 4: THE UNIVERSITY ENDOWMENT FUND IS TO PROVIDE ANNUAL INCOME FOR PROGRAMS, STUDENT SCHOLARSHIPS AND SPECIFIC PURPOSES AS DESIGNATED BY THE DONORS. PART X, LINE 2: THE UNIVERSITY HAS IMPLEMENTED THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. MANAGEMENT DETERMINED THAT THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD DURING THE YEARS ENDED MAY 31, 2017 AND MAY 31, 2016. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD FROM AUXILIARY SERVICES 22,912. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANTS TO INDIVIDUALS 3,388,009. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD FROM AUXILIARY SERVICES 22,912. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS TO INDIVIDUALS 3,388,009. PART XI AND PART XII, LINES 2D GRANTS TO INDIVIDUALS AND COST OF GOODS SOLD FROM AUXILIARY SERVICES WERE NOT INCLUDED IN THE EXPENSES ON THE STATEMENT OF ACTIVITIES OF THE 990. PART XI AND PART XII, LINES 4B GRANTS TO INDIVIDUALS AND COST OF GOODS SOLD FROM AUXILIARY SERVICES WERE NOT INCLUDED IN THE REVENUES ON THE STATEMENT OF ACTIVITIES OF THE 990. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY PUBLISHES ITS NONDISCRIMINATION POLICY IN THE UNIVERSITY CATALOG, PUBLICATIONS AND ADVERTISING PROGRAMS. SCHEDULE E, PART I, LINE 6 PURSUANT TO ALL ALLICABLE FEDERAL ANTI-DISCRIMINATION LAWS AND REGULATIONS, THOMAS UNIVERSITY DOES NOT DISCRIMINATE AGAINST ANY OF THE PROTECTED CATEGORIES OF INDIVIDUALS IN THE ADMINISTRATION OF ITS POLICIES, PROGRAMS OR ACTIVITIES. THIS NON-DISCRIMITORY POLICY INCLUDES ADMISSION POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, EMPLOYMENT PRACTICES, AND ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS. EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES THOMAS UNIVERSITY OFFERS NURSING AND MBA CLASSES FOR STUDENTS INTERESTED IN PROGRAMS ABROAD. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 SCHOLARSHIPS AND ASSISTANCE FOR STUDENTS ATTENDING THOMAS UNIVERSITY. 462 304370 3083639 FAIR MARKET VALUE SCHOLARSHIPS AND ASSISTANCE FOR STUDENTS ATTENDING THOMAS UNIVERSITY ARE PROVIDED AT THE ESTIMATED FAIR MARKET OF VALUE OF ATTENDANCE. PART I, LINE 2: THE UNIVERSITY DETERMINES THE ELIGIBILITY FOR EACH STUDENT'S NEEDS AND THE AWARDS ARE CREDITED TO THE STUDENT'S ACCOUNT. THE UNIVERSITY MONITORS THE STUDENT'S CONTINUED ELIGIBILITY TO RECEIVE THE ASSISTANCE. X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 DR ANDY SHEPPARD PRESIDENT 225000 0 0 0 0 0 0 0 0 0 225000 0 0 0 THOMASVILLE NATIONAL BANK TRUSTEE / OFFICER OF BANK 17939 INVESTMENT ADVISORY FEES 0 ALLEN MOONEY AND BARNES TRUSTEE / OFFICER OF FIRM 17325 INVESTMENT ADVISORY FEES 0 SCH L, PART IV TRUSTEE IS AN OFFICER OF THE BANK AND TRUSTEE IS A PARTNER IN THE FINANCIAL SERVICES FIRMFIRMS RECEIVE INVESTMENT ADVISORY AND MANAGEMENT FEES STANDARD IN INDUSTRY UNDER AGREEMENTS APPROVED BY MANAGEMENT AND BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE COMPLETED ANNUALLY AND COPIES WILL BE PROVIDED TO THE ENTIRE GOVERNING BOARD AS WELL AS THE PRESIDENT OF THE UNIVERSITY. AT THAT TIME THE PRESIDENT AND THE CHIEF FINANCIAL OFFICER WILL REVIEW THE FORM 990 WITH THE FINANCE COMMITTEE. ONCE ALL NECESSARY CHANGES ARE MADE AND THE PRESIDENT IS IN AGREEMENT WITH THE FINANCE COMMITTEE AND THE CHIEF FINANCIAL OFFICER ON THE FINISHED FORM 990, IT WILL BE SIGNED BY THE CHIEF FINANCIAL OFFICER, DATED AND SUBMITTED BY THE FILING DEADLINE. A COPY OF THE APPROVED FORM 990 WILL BE PROVIDED TO ALL THE OFFICERS AND TRUSTEES BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY SHALL BE DISTRIBUTED ANNUALLY TO THE UNIVERSITY TRUSTEES, ADVISORY COMMITTEES AND KEY EMPLOYEES. ANY CHANGE TO THE DISCLOSURE OF CONFLICT OF INTEREST ARE REQUESTED AT TRUSTEE AND COMMITTEE MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS INCLUDES ALL THESE ELEMENTS (1) REVIEW AND APPROVAL OF THE COMPENSATION COMMITTEE OF THE UNIVERSITY: (2) USE OF DATA AS TO COMPARABLE COMPENSATION; AND (3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 PART XI, LINE 2(C) THE UNIVERSITY HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSITE OF THE AUDIT AND SELECTION OF AN INDEPENDENT AUDITOR.