2017-04-14T13:39:29-05:00 2016-06-30 480567703 KCOE ISOM LLP 3013 CERES AVENUE CHICO CA 95973 990 2015-07-01 956137481 DEEP SPRINGS CORPORATION DEEP 7608722000 HC 72 BOX 45001 DYER NV 890109712 DAVID NEIDORF PRESIDENT 7608722000 2017-04-14 1 BRYCE E GIBBS P00273083 5308916474 2017-04-14 2015 2021-01-29 14:40:06Z DAVID NEIDORF HC 72 BOX 45001 DYER NV 890109712 2872582 0 X WWW.DEEPSPRINGS.EDU X 1917 CA TO PROVIDE YOUNG MEN WITH A LIBERAL ARTS EDUCATION THROUGH ACADEMICS, LABOR, AND SELF-GOVERNANCE 15 15 33 66 0 0 1991564 2342574 0 0 178464 413890 146240 116118 2316268 2872582 0 0 0 0 1123551 1263401 0 0 205935 1431540 2606977 2555091 3870378 -238823 -997796 30732189 29737428 107807 153316 30624382 29584112 TO PROVIDE LEADERSHIP AND ENLIGHTENED SERVICE BY BRINGING STUDENTS INTO INTENSE CONTACT WITH NATURE, WORK, AND IDEAS 0 0 1686652 116118 DEEP SPRINGS COLLEGE IS LOCATED ON A CATTLE RANCH AND ALFALFA FARM IN CALIFORNIA. THE COLLEGE INTEGRATES ACADEMICS, LABOR, AND SELF-GOVERNANCE. IT ENABLES ITS TWENTY-SIX MALE STUDENTS TO EXPERIENCE AND TAKE YEAR-ROUND RESPONSIBILITY FOR A LARGELY SELF-SUSTAINING COMMUNITY, RANCH, AND FARM WHILE REQUIRING THEM TO ENGAGE IN A TWO-YEAR LIBERAL ARTS HONORS PROGRAM. THE COLLEGE SERVES TO EDUCATE AND PREPARE ITS STUDENTS FOR TRANSITION TO FOUR-YEAR INSTITUTIONS FOR ACADEMIC DEGREE COMPLETION. 1686652 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 18 0 33 1 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 0 0 X DAVID NEIDORF 7608722000 HC 72 BOX 45001 DYER NV 890109712 JACOB GIESSMAN TRUSTEE 1.00 X 0 0 0 SALLY A CARLSON TRUSTEE 1.00 X 0 0 0 KINCH HOEKSTRA TRUSTEE 1.00 X 0 0 0 MARINA HSIEH TRUSTEE 1.00 X 0 0 0 THOMAS HUDNUT TRUSTEE 1.00 X 0 0 0 KATHLEEN PETERSON TRUSTEE 1.00 X 0 0 0 ERIC SWANSON TRUSTEE 1.00 X 0 0 0 ELLIOT SETZER STUDENT TRUSTEE 1.00 X 0 0 0 RANGO PENG STUDENT TRUSTEE 1.00 X 0 0 0 CARTER WILKINSON STUDENT TRUSTEE 1.00 X 0 0 0 MATTHEW ZIANNI STUDENT TRUSTEE 1.00 X 0 0 0 FRANK H WU ACADEMIC AFFAIRS CHAIR 1.00 X 0 0 0 F ROSS PETERSON VICE CHAIR 1.00 X X 0 0 0 DAVE HITZ CHAIRMAN 1.00 X X 0 0 0 MICHAEL KEARNEY SECRETARY 1.00 X X 0 0 0 DAVID WELLE CFO 20.00 X 38802 0 17299 DAVID NEIDORF PRESIDENT 40.00 X 148306 0 35219 187108 0 52518 1 0 1 0 0 2342574 69488 2342574 413890 413890 116118 0 116118 116118 2872582 0 0 530008 252224 131191 121033 642788 541034 74551 27203 74048 59804 10444 3800 158174 124403 33427 344 136167 108210 15670 12287 1457551 1457551 96535 96535 39256 39256 34686 18975 15711 97765 82640 15125 10613 10613 93425 93425 14145 14145 330096 330096 93428 93428 FARM EXPENSES 175351 175351 FOOD EXPENSES 89540 89540 LOSS ON SUBSIDIARY 63174 63174 CAMPAIGN EXPENSE 11412 11412 3870378 1686652 1977791 205935 167988 212255 6221 3096 88466 16288 18208 101060 102958 10777761 5270425 5618737 5507336 23145868 22215397 1447570 1365756 228457 223956 30732189 29737428 101862 147500 5945 5816 107807 153316 X 17584143 16832050 6279627 5995822 6760612 6756240 30624382 29584112 30732189 29737428 X -997796 -38102 -4372 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19653020 2177004 390059 3324197 39259 18856627 18818719 2337409 531700 1996438 38370 19653020 15377447 2889034 2894170 2306300 35632 18818719 13413282 1927752 1765997 1699325 30259 15377447 12265424 295393 2832090 1962009 17616 13413282 0.32370 0.35830 0.31800 0 0 629774 629774 5634244 2323760 3310484 1934658 1554150 380508 2579085 1392515 1186570 5507336 PAYABLE UNDER TRUST AGREEMENT 5816 5816 X PART V, LINE 4: ALL THE STUDENTS ATTENDING DEEP SPRINGS COLLEGE ARE NOT CHARGED TUITION OR FEES, YET RECEIVE A COMPREHENSIVE EDUCATION VALUED AT OVER $50,000. THE COSTS OF PROVIDING THIS TOP-TIER ACADEMIC PROGRAM ALONG WITH OPERATING A FULL CATTLE RANCH ARE FUNDED THROUGH THE ENDOWMENT FUNDS. PART X, LINE 2: THE COLLEGE ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH FASB ASC 740, INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND HOW AN UNCERTAIN TAX POSITION IS RECOGNIZED IN FINANCIAL STATEMENTS. THE COLLEGE ANALYZES TAX POSITIONS TAKEN IN PREVIOUSLY FILED RETURNS AND TAX POSITIONS EXPECTED TO BE TAKEN IN FUTURE RETURNS. BASED ON THIS ANALYSIS, A LIABILITY IS RECORDED IF UNCERTAIN TAX BENEFITS HAVE BEEN RECEIVED. THE COLLEGE'S PRACTICE IS TO RECOGNIZE INTEREST AND PENALTIES, IF ANY, RELATED TO UNCERTAIN TAX POSITIONS IN THE TAX EXPENSE. THERE WERE NO UNCERTAIN TAX POSITIONS IDENTIFIED OR RELATED INTEREST AND PENALTIES RECORDED AS OF JUNE 30, 2016, AND THE COLLEGE DOES NOT EXPECT THIS TO CHANGE SIGNIFICANTLY OVER THE NEXT 12 MONTHS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE NONDISCRIMINATORY POLICY IS DOCUMENTED IN THE APPLICATION PACKET RECEIVED BY ALL STUDENTS INTERESTED IN ATTENDING THE COLLEGE. X 0 0 0 0 0 0 0 0 0 DAVID NEIDORF PRESIDENT 148306 0 0 0 0 0 20763 0 14456 0 183525 0 0 0 X 765 FAIR MARKET VALUE X 124 FAIR MARKET VALUE X 3 14376 FAIR MARKET VALUE X MOBILE HOME 1 54224 EXPERT ESTIMATED VAL 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE COLLEGE PRESIDENT REVIEWS THE FORM 990 PRIOR TO FILING. A COPY OF THE FORM 990 IS AVAILABLE TO THE BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT. THE COLLEGE MONITORS THIS BY HAVING THE BOARD MEMBERS REVIEW AND SIGN THE STATEMENT ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD MEMBERS APPROVE THE PRESIDENT'S SALARY DURING THEIR ANNUAL BOARD MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE MAKES ITS DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN PRESENT VALUE OF CHARITABLE REMAINDER UNITRUSTS EXPECTED PAYMENTS -4,372. DEEP SPRINGS FREE EDUCATIONAL TRUST HC72 BOX 45001 DYER NV 89010 870238728 TO PROVIDE DEEP SPRINGS CORPORATION WITH FACILITIES AND EQUIPMENT CA 501(C)(3) LINE 2 DEEP SPRINGS CORPORATION 1 LL NUNN LLC HC 72 BOX 45001 DYER NV 89010 770493230 LANDLORD/TENANT CA DEEP SPRINGS CORPORATION RELATED -63174 1365756 0 1 0.57610 CHARITABLE REMAINDER UNITRUST CHARITABLE TRUST IN N/A T 0 CHARITABLE REMAINDER UNITRUST CHARITABLE TRUST OR N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0