2017-11-28T13:47:24-08:00 2017-05-31 Davis Kinard & Co PC 400 Pine St Ste 600 Abilene TX 79601 990 2016-06-01 750851900 Abilene Christian University ABIL 3256742000 ACU Box 29120 Abilene TX 79699 Steven Holley VP & CBO 2017-11-28 true Joe Melson CPA P00158111 3256724000 2016 2017-02-10 21:41:12Z 296393338 false false X www.acu.edu X 1906 TX ACU is a national leader in Christian higher education, and the mission is to educate students for Christian service and leadership throughout the world. ACU is a vibrant, innovative, Christ-centered community that engages students in authentic spiritual and intellectual growth, equipping them to make a real difference in the world. 33 29 2890 608767 -56125 30058512 28352725 142642935 152269762 22220242 24102013 6309152 6587999 201230841 211312499 57517149 61791943 0 67922156 73806173 333028 61128 4258730 57559775 61216066 183332108 196875310 17898733 14437189 597522290 672450379 135800568 179703543 461721722 492746836 ACU is a national leader in Christian higher education, and the mission is to educate students for Christian service and leadership throughout the world. ACU is a vibrant, innovative, Christ-centered community that engages students in authentic spiritual and intellectual growth, equipping them to make a real difference in the world. false false 120428023 61791943 129333174 Abilene Christian University is a higher education institution which serves approximately 4,900 graduate and undergraduate students. In addition to educating the students, the university offers on-campus and off-campus housing, on-campus food service, athletic programs and assistance with student aid. ACU also operates programs to foster relationships with alumni of the University. 24058361 19339744 Auxiliary Enterprises integrate living, learning, and faith, whereby students learn to live lives of Christian service and leadership throughout the world. It combines what students learn in the classroom with practical application that will prepare them for real-world experiences. 2884224 3596844 Education services includes academic counseling and testing services, health services, and study abroad activities that are all designed to enhance a student's learning experience and the overall quality of a student's education. 147370608 true true false true false true false false true true true true false true true true false true true true true false false true false false false true true true true false false false false false false true true true true true true false false true true false false false false true 690 0 true 2890 true true true true UK false false false true true false 0 false false false false false false false false false false X 33 29 true false false false false false false true true false false true true true true true true true true true true X X Steven Holley 3256742539 ACU Box 29120 Abilene TX 79699 Abelardo Alvarez Jr Trustee 1.00 0.00 X 0 0 0 Tod Brown Trustee 1.00 0.00 X 0 0 0 Lance Barrow Trustee 1.00 0.00 X 0 0 0 Ralph Draper Trustee 1.00 0.00 X 0 0 0 Jack Griggs Trustee 1.00 0.00 X 0 0 0 Belinda Harmon Trustee 1.00 0.00 X 0 0 0 Billy Curl Trustee 1.00 0.00 X 0 0 0 Kyle Hammond Trustee 1.00 0.00 X 0 0 0 Carole Phillips Trustee 1.00 0.00 X 0 0 0 James Porter Trustee 1.00 0.00 X 0 0 0 Heriberto Guerra Jr Trustee 1.00 0.00 X 0 0 0 Jeffrey Knight Trustee 1.00 0.00 X 0 0 0 Mark Duncum Trustee 1.00 0.00 X 0 0 0 Steve Mack Trustee 1.00 0.00 X X 0 0 0 Wayne Massey Trustee 1.00 0.00 X 0 0 0 Barry Packer Trustee 1.00 0.00 X X 0 0 0 John Petty II Trustee 1.00 0.00 X X 0 0 0 Eddie Sharp Jr Trustee 1.00 0.00 X 0 0 0 Charles Onstead Trustee 1.00 0.00 X 0 0 0 David Flow Trustee 1.00 0.00 X 0 0 0 Alan Rich Trustee 1.00 0.00 X 0 0 0 Rick Wessel Trustee 1.00 0.00 X 0 0 0 Rick Atchley Trustee 1.00 0.00 X 0 0 0 Bill Minick Trustee 1.00 0.00 X 0 0 0 Marelyn Shedd Trustee 1.00 0.00 X 0 0 0 Jana Hanner Trustee 1.00 0.00 X 0 0 0 Elise Mitchell trustee 1.00 0.00 X 0 0 0 Randy Owen Trustee 1.00 0.00 X 0 0 0 Kay Skelton Trustee 1.00 0.00 X 0 0 0 April Anthony Trustee 1.00 0.00 X 0 0 0 Stan Stephens Trustee 1.00 0.00 X 0 0 0 Cecil Eager Trustee 1.00 0.00 X 0 0 0 Guy Lewis Trustee 1.00 0.00 X 0 0 0 Suzanne Allmon Snr Advsr -Pres 40.00 0.00 X 112972 0 30037 Robert Rhodes Provost 40.00 0.00 X 233106 0 52004 James Orr VP ADVANCEMENT 40.00 0.00 X 178362 0 36465 Royce Money Chancellor 40.00 0.00 X 210051 0 96822 Gary McCaleb VP University 40.00 0.00 X 159569 0 37090 Philip Schubert President 40.00 0.00 X 403717 0 131119 Slade Sullivan GENERAL COUNSEL 40.00 0.00 X 164400 0 48875 Steven Holley VP & CBO 40.00 0.00 X 169376 0 29126 Lee DeLeon Dir of Athletic 40.00 0.00 X 163059 0 38940 Chris Riley VP Student Life 40.00 0.00 X 134945 0 40027 Kevin Campbell CF Enrollment 40.00 0.00 X 151320 0 49264 Stephen Johnson VP Academic Aff 40.00 0.00 X 183592 0 32075 Wendy Jones CHRO 40.00 0.00 X 107665 0 33780 Jack Rich President - ACIMCO 0.00 40.00 X 0 348242 61732 Kent Rideout Vice President - ACIMCO 0.00 40.00 X 0 180192 39825 John Weaver Dean - Library and Educ Tech 40.00 0.00 X 177345 0 47299 Philip Boone Advancement Office 40.00 0.00 X 166600 0 44587 Ken Collums Head FB Coach 40.00 0.00 X 150797 0 37011 Charles Crisp Dean, Col of Bus 40.00 0.00 X 165443 0 48038 GREG STRAUGHN DEAN 40.00 0.00 X 139790 0 39390 Paul Wertheim Professor 40.00 0.00 X 132173 0 75323 Kelly Young Former CFO 40.00 0.00 X 152596 0 40753 Kevin Roberts Former VP, Planning & Operations 40.00 0.00 X 132765 0 26624 Billie Currey Former VP for Development 40.00 0.00 X 122470 0 17598 3712113 528434 1133804 22 true true false BARR ROOFING COMPANY 3602 SOUTH TREADAWAY ABILENE TX 79602 CONSTRUCTION 1379976 ARAMARK 1101 MARKET ST PHILADEPHIA PA 19107 FOOD SERVICE 6661001 Hoar Construction LLC 1300 West Sam Houston Pkwy South Houston TX 77042 Construction 42706032 WFF FACILITY SERVICE 1600 CAMPUS COURT ABILENE TX 79601 CUSTODIAL 1870643 HELIX EDUCATION INC P O BOX 894 SALT LAKE CITY UT 84110 WEB MARKETING 1953218 103 1534018 5668559 21150148 5232542 28352725 Tuition and Fees 611710 129333174 129333174 Auxiliary Enterprises 611710 19339744 19339744 Education Services 611710 3596844 3596844 152269762 4308893 59101 4249792 0 3889736 3889736 1004293 405238 599055 599055 75402 523653 100910346 161097 81278323 19632023 161097 19793120 19793120 0 0 4881327 3397278 1484049 474264 1009785 Other Income 611710 615159 615159 615159 211312499 152884921 608767 29466086 182636 182636 61609307 61609307 0 0 3113105 611882 1880678 620545 0 53346567 41787992 9601058 1957517 2765192 2166059 497666 101467 11045172 8652020 1987857 405295 3536137 2769964 636417 129756 0 1275430 1275430 167813 167813 0 61128 61128 1324983 1324983 4784620 2729008 1716645 338967 3522436 1826212 1598029 98195 4728424 2886692 1685751 155981 5138642 2944995 2131292 62355 203992 202222 1770 5881599 1785312 4092601 3686 5551576 4854852 514884 181840 0 466907 313511 135231 18165 3772493 3772493 0 8612190 8612190 1129963 231625 898338 Dining Service Contract 6170965 6170965 Repairs, Maintenance & Equip 4090321 1939865 2145383 5073 Other Expenses 1133929 1095236 33065 5628 Student Development/Recruitin 950165 950165 2309618 1660088 536398 113132 196875310 147370608 45245972 4258730 725271 130388 3715941 6580358 40127417 35731421 8376178 7056936 0 0 0 2089747 2212482 4204765 4752005 366486491 118411817 199980412 248074674 98488785 111245829 197579264 218541437 0 0 42234510 38124849 597522290 672450379 19872688 21057054 60161000 86835598 22110000 41885000 6615413 759049 27041467 29166842 135800568 179703543 X 227706045 246813574 150827401 161023915 83188276 84909347 461721722 492746836 597522290 672450379 14437189 16587925 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false true false false false false true 1055 false false 1055 false false Part II-B, Line 1i - Other Activities Description Employees, on behalf of ACU, met with city officials on various occasions to discuss the revision of the Tax Increment Reinvestment Zone that includes ACU's Land and to discuss various other development projects. 12 61495 73100 1974139 true true true false 351988152 6571789 45958316 6549197 12060452 1324983 384583625 382839768 3974389 -16424695 6460490 10630065 1310755 351988152 370426298 2764281 27978793 6287843 10680334 1361427 382839768 330702573 10557358 47458255 5936687 11146454 1208747 370426298 307124826 9345316 30141501 5466945 9293720 1148405 330702573 0.42330 0.31580 0.26090 false true true 3438702 3438702 276593023 98044232 178548791 25567475 20326215 5241260 20535379 40351912 41370 60845921 248074674 41833411 F 218541437 38124849 Deposits and Other Liabilities 8275093 Reserve for Split Int Agreements 19549795 DEBT ISSUANCE COST AND BOND PREMIUM 1341954 29166842 X 173036818 16587925 -54863606 -38275681 211312499 211312499 139205420 -57669890 -57669890 196875310 196875310 Part V, Line 4: Intended uses of the endowment fund. The endowment funds of the University are held to support the general operations of the University and to provide scholarships to students of the University. Part X : FIN48 Footnote The University is a tax-exempt institution as an organization described in section 501(c)(3) of the Internal Revenue Code of 1986, as amended ("IRC") and is not a "private foundation" under Section 501(a) of the IRC; accordingly, no provision for income taxes has been made in the consolidated financial statements. ACIMCO has also been accorded recognition as exempt from income tax under Section 501(a) of the IRC, as organizations described in Section 501(c)(3) and 509(a)(3) of the IRC.For the years ended May 31, 2017 and 2016, the University incurred unrelated business activity related to certain retail sales, advertising, rental income, oil and gas working interest, and certain alternative investments, resulting in an immaterial amount if unrelated business income. Tax positions taken related to the University's tax-exempt status, unrelated business income activities, deductibility of expenses for unrelated business activities, and other miscellaneous tax positions have been reviewed, and management believes that material positions taken by the University will more likely than not be sustained by examination. Accordingly, the University has not recorded a liability for uncertain tax positions. As of May 31, 2017, the University's tax years 2011 to 2017 remain subject to examination. true true true true true true true false false false false false false false false true false true Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency Abilene Christian University receives various research grants from the state of Texas and other governmental entities. In addition, ACU receives scholarship grants from federal agencies and the state of Texas to assist students with their costs of education. ACU participates in the direct loan program which provides students federal subsidized loans to assist with their educational costs. Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized ACU publishes its nondiscriminatory policy on our public web site, in the university catalog and on the application for admission. Schedule E, Line 4 - Explanation of Records and Materials Not Maintained Schedule E, Line 5 - Explanation of Organization Discrimination by Race Europe 1 1 Program Services Higher Education 894810 1 1 1 1 894810 894810 true false false true true false X X X true RuffaloCody LLC 1025 KIRKWOOD CEDARRAPID IA 52404 Fundraising false 163924 96887 67037 163924 96887 67037 AK AZ CO MA NH OR WA AL AR CA CT FL GA HI IL KS KY LA MD ME MI MN MO MS NJ NM NY NC ND OH OK PA RI SC TN UT VA WV WI true Arms of Hope 21300 Hwy 16 North Medina TX 78055 510416193 10600 0 General Support Southern Hills Church of Chri 3364 Buffalo Gap Road Abilene TX 79605 751178335 8000 0 General Support Hillcrest Church of Christ 650 East Ambler Ave Abilene TX 79601 751174098 8228 0 General Support HARVEY DR CHURCH OF CHRIST 508 HARVEY DRIVE MCALLEN TX 78501 741457947 7000 0 General Support Preston Road Church of Christ 6409 Preston Road Dallas TX 75205 750945932 15000 0 General Support Texoma Youth Camp 26368 Preton Bend Road Pottsboro TX 75076 756044281 8500 0 General Support Texas Public Policy Fdn 901 Congress Avenue Austin TX 78701 742524057 25000 0 General Support Reach for a Difference P O Box 7032 Abilene TX 79608 800838122 7900 0 General Support The TSTC Foundation 3801 Campus Drive Waco TX 76705 752892470 11000 0 General Support Texas Ramp Project Inc 408 Forest Grove Richardson TX 75080 331139484 7750 0 General Support United Methodist Service Ctr 2626 North First Abilene TX 79603 751523927 12500 0 General Support 15 0 Scholarships - Higher Education 5323 61609307 Grantmaker's Description of How Grants are Used For all scholarship funds, student financial services has established specific criteria in regards to eligibility and selection. The eligibility requirements of the students are documented and monitored for compliance. The actual scholarships are credited to the student's tuition bills. No scholarships or grants are awarded directly to the recipients. X X X true true X X X X false false false false false false false false false false Kelly Young Former CFO 151806 790 19623 21130 193349 Kevin Roberts Former VP, Planning & Operations 84696 48069 12524 14100 159389 Billie Currey Former VP for Development 120337 1000 1133 4948 12650 140068 Philip Boone Advancement Office 145577 20000 1023 24928 19659 211187 Ken Collums Head FB Coach 139399 500 10898 23040 13971 187808 Charles Crisp Dean, Col of Bus 165258 185 26636 21402 213481 GREG STRAUGHN DEAN 139669 121 18031 21359 179180 Paul Wertheim Professor 84332 47841 14309 61014 207496 Robert Rhodes Provost 232291 815 36000 16004 285110 James Orr VP ADVANCEMENT 171648 6714 18060 18405 214827 Royce Money Chancellor 113755 25272 71024 18933 77889 306873 Gary McCaleb VP University 156094 3475 23348 13742 196659 Philip Schubert President 264800 79917 59000 36057 95062 534836 Slade Sullivan GENERAL COUNSEL 162315 2085 27828 21047 213275 Steven Holley VP & CBO 168677 699 13953 15173 198502 Lee DeLeon Dir of Athletic 137683 18500 6876 23063 15877 201999 Chris Riley VP Student Life 132971 1974 22570 17457 174972 Kevin Campbell CF Enrollment 150722 598 26285 22979 200584 Stephen Johnson VP Academic Aff 142386 37500 3706 15000 17075 215667 Jack Rich President - ACIMCO 282253 54136 11853 42400 19332 409974 Kent Rideout Vice President - ACIMCO 125880 53394 918 21008 18817 220017 John Weaver Dean - Library and Educ Tech 153631 23714 26012 21287 224644 Part I, Line 1a: Relevant information in regards to selections on 1a. Charter travel was paid for on behalf of the presidents office. The expense was not included as taxable compensation because the travel was for a bona fide business purpose.Ministerial housing allowance is offered to qualified faculty and administrators of the University. Two listed persons received this benefit. The housing allowance is not included as taxable compensation to the employee.Country club dues were paid on behalf of athletic staff. TWO LISTED received this benefit. The dues were reported as taxable compensation. A Newark Higher Education 465361566 2016-09-01 62230000 See Part VI false false false B Newark Higher Education 465361566 2016-09-22 33270000 See Part VI false false false A 69011979 793687 11515000 55488453 1214839 true false false true B 24605598 159794 10114337 14625206 8370663 true false false true A false false false false true false B false false false false true false A false true false false false false B false true false false false false A false B false Part VI NEWARD HIGHER EDUCATION FINANCE CORPORATION - ISSUED ON 9/1/2016 - $62,230,000 - THIS BOND WAS ISSUED AT A PREMIUM OF $6,781,979 - $11,515,000 IS TO BE USED FOR STADIUM CONTRUCTION, SCIENCE FACILITIES AND CHRISTIAN VILLAGE RENOVATION. $56,703,292 WAS USED TO REFUND THE SERIES 2001, 2003, 2005, 2006, 2009, 2010, 2010, 2011, 2013, 2014 AND 2015 BONDS.NEWARD HIGHER EDUCATION FINANCE CORPORATION - ISSUED ON 9/22/2016 - $33,270,000. PROCEEDS RECEIVED AS OF 5/31/2017 - $24,605,598. $18,485,000 IS TO BE USED FOR STADIUM CONSTRUCTION AND SCIENCE FACILITIES. $14,625,206 WAS USED TO REFUND THE SERIES 2015 BONDS. Merit Based Scholarships OFFICER/TRUSTEE REL. 282771 Tuition Discounts OFFICER/TRUSTEE REL. 144090 Danny Phillips Husband of Trustee 372833 Joint Investment false Brad Crisp Relative of Officer 181250 Compensation false Cara Lee Cranford Daughter of Officer 45253 Compensation false Hanner Chevrolet Trustee is owner 136138 Puchase of Vehicles false Jack Rich Brother of Trustee 337464 Compensation false Elaine Orr Wife of Officer 32329 Compensation false Don Pope Relative of Trustee 128497 Compensation false Leigh Holley Wife of Trustee 49217 Compensation false Schedule L, Part V Supplemental Information Part III, Additional Information:Merit based scholarships are awarded to relatives of trustees and officers in the same manner as other students and are based on academic achievements, leadership qualities, commitment to service, and potential for success at ACU.Tuition discount is awarded to employees of the University and their dependents based on the number of years employed. During the first year of employment, a 25% discount is awarded. During the second year of employment, a 50% discount is awarded. Thereafter, a 75% discount is awarded.Part IV, Additional Information:DANNY PHILLIPS - HUSBAND OF CAROLE PHILLIPS, TRUSTEEBRAD CRISP - SON IN LAW OF ROYCE MONEY, CHANCELLORCARA LEE CRANFORD - DAUGHTER OF GARY MCCALEB, VICE PRESIDENTHANNER CHEVROLET - JANA HANNER,TRUSTEE & OWNER,COMPTROLLER OF HANNER CHEVROLETJACK RICH - BROTHER IN LAW OF ALAN RICH, TRUSTEEELAINE ORR - WIFE OF JIM ORR, VICE PRESIDENT OF ADVANCEMENTDON POPE - BROTHER IN LAW OF DAVID FLOW, TRUSTEELEIGH HOLLEY - WIFE OF STEVEN HOLLEY, TRUSTEE X 2 86250 APPRAISED VALUE X 59 5018258 Market Value X GIFT ANNUITY 1 52465 MARKET VALUE X COMPUTER EQUIPMENT 1 15000 EST. VALUE X MINERAL INTEREST 1 13333 EST. VALUE X MINERAL INTEREST 1 13333 EST. VALUE X CEMETERY PLOTS 1 10000 EST. VALUE X MINERAL INTEREST 1 13333 EST. VALUE X Various 9 10569 Est. Value 1 false true false Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et Jack Rich, Alan Rich - Family RelationshipSteve Mack, Jack Griggs - Business Relationship Form 990, Part VI, Line 11b: Form 990 Review Process Form 990 is provided to the full board for review by posting the return on the internal password-protected board web site. The 990 is also reviewed in detail by the audit committee of the board of trustees before posting to board web site. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts All trustees and officers complete a conflict of interest questionnaire annually. The results of these questionnaires are reviewed by legal counsel and are reported to the audit committee. All other employees are given a conflict of interest questionnaire to complete annually. These are reviewed by the responsible Dean or Vice President to determine if a conflict exists. Depending on the potential conflict, conditions or restrictions are enforced to reduce or eliminate the conflict of interest. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management Comparability data is used to determine the compensation levels of the president. The compensation of the President is reviewed, approved and documented by the Compensation Committee of the board of trustees. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Comparability data is used to determine the compensation levels of the officers and key employees. The compensation of officers and key employees are determined by the President and reviewed annually by the compensation committee of the board of trustees. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The governing documents, policies and financial statements of Abilene Christian University are posted on our website and are available to the general public. We will also provide copies of the documents upon request. Schedule D, part XIV, Additional Information Total revenues and expenses per Abilene Christian University's consolidated audited financial statements include revenues and expenses from ACIMCO (26-3598377) and Grace L Woodward Memorial Endowment Trust (75-2700815). Each of these entities files their own tax return, and therefore, are not included in revenues and expenses of Abilene Christian University's form 990. ACU Management LLC 1600 Campus Court Abilene TX 79699 571136730 General partner of ACU Foundation Limited TX 192060 N/A ACIMCO 214 Hunter Welcome Ct ACU Box 29125 Abilene TX 79699 263598377 Investment Management for ACU TX 501(c)3 11 TYPE I Abilene Christian University false Grace L Woodward Memorial Endowment Box 29125 ACU Station Abilene TX 79699 752700815 Support ACU TX 501(c)3 11 TYPE I Abilene Christian University false false false true false false false false false false false false false false false false false false false false ACIMCO c 100000 Grace L Woodward Memorial Endowment c 1521358