MARS HILL UNIVERSITY: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- MARS HILL UNIVERSITY (EIN 56-0554207)
- Tax period
- 2015-06-01 to 2016-05-31
- Filed
- 2017-04-17
- IRS object ID
- 201731079349301123
- Schema version
- 2015v3.0
- 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 I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-04-17T18:11:15-05:00 | ReturnTs |
| Tax Period End | 2016-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 560574444 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERRY BEKAERT LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1111 Metropolitan Ave Ste 1000 | AddressLine1Txt |
| City | Charlotte | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 560554207 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARS HILL UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MARS | BusinessNameControlTxt |
| Phone | 8286891111 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 370 | AddressLine1Txt |
| City | MARS HILL | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28754 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RANDELL N TILLEY | PersonNm |
| Person Title | VP-FINANCE | PersonTitleTxt |
| Phone | 8286891100 | PhoneNum |
| Signature | 2017-04-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Janice A Ratica | PreparerPersonNm |
| PTIN | P00358837 | PTIN |
| Phone | 7043771678 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | dan lunsford | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 370 | AddressLine1Txt |
| City | MARS HILL | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28754 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $66,222,351 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.mhu.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1892 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | THE ORGANIZATION IS A PRIVATE LIBERAL ARTS COLLEGE OFFERING PROGRAMS LEADING TO FIVE DEGREES: BACHELOR OF ARTS, SCIENCE, MUSIC, SOCIAL WORK AND FINE ARTS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 35 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 35 | VotingMembersIndependentCnt |
| Total Employee | 1504 | TotalEmployeeCnt |
| Total Volunteers | 35 | TotalVolunteersCnt |
| Total Gross UBI | -$9,823 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$9,823 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $5,727,637 | PYContributionsGrantsAmt |
| CY Contributions Grants | $7,927,899 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $43,944,152 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $43,749,919 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,698,599 | PYInvestmentIncomeAmt |
| CY Investment Income | $6,909,351 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,342,891 | PYOtherRevenueAmt |
| CY Other Revenue | $2,026,900 | CYOtherRevenueAmt |
| PY Total Revenue | $52,713,279 | PYTotalRevenueAmt |
| CY Total Revenue | $60,614,069 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $19,949,589 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $20,583,893 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $14,639,107 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $14,535,881 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,325,096 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $16,508,056 | PYOtherExpensesAmt |
| CY Other Expenses | $16,967,203 | CYOtherExpensesAmt |
| PY Total Expenses | $51,096,752 | PYTotalExpensesAmt |
| CY Total Expenses | $52,086,977 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,616,527 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $8,527,092 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $131,517,721 | TotalAssetsBOYAmt |
| Total Assets EOY | $140,536,693 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $40,548,858 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $50,843,043 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $90,968,863 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $89,693,650 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | Mars Hill University, an academic community rooted in the Christian faith, challenges and equips students to pursue intellectual, spiritual, and personal growth that is: grounded in a rigorous study of the Liberal Arts, connected with the world of work, and committed to character development, to service, and to responsible citizenship in the community, the region, and the world. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $43,589,488 | ExpenseAmt |
| Grant | $20,583,893 | GrantAmt |
| Revenue | $34,210,662 | RevenueAmt |
| Desc | INSTRUCTION - PRIVATE LIBERAL ARTS University OFFERING PROGRAMS LEADING TO FIVE DEGREES: BACHELOR OF ARTS, SCIENCE, MUSIC, SOCIAL WORK, AND FINE ARTS. APPROXIMATELY 1,392 STUDENTS BENEFITED. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,021,996 | ExpenseAmt |
| Revenue | $9,511,553 | RevenueAmt |
| Desc | ACADEMIC SUPPORT - SERVICES THAT ARE AN INTEGRAL PART OF THE University'S PRIMARY MISSION OF EDUCATION. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $683,116 | ExpenseAmt |
| Revenue | $1,008,226 | RevenueAmt |
| Desc | PUBLIC SERVICE - ACTIVITIES ESTABLISHED PRIMARILY TO PROVIDE NON-INSTRUCTIONAL SERVICES TO GROUPS EXTERNAL TO THE University. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $45,294,600 | 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 | 0 | 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 | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | 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 | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | 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 | 84 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1504 | 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 | 0 | QuidProQuoContributionsInd |
| 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 | 35 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 35 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | 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 | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Randell N Tilley | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8286891100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 ATHLETIC STREET | AddressLine1Txt |
| City | MARS HILL | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28754 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (39 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| Joe Bingham | |||||||
| Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Ronald O Brown | |||||||
| Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| michael cranford | |||||||
| Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Troy L Day | |||||||
| Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| j dixon free | |||||||
| Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| eugene holdway | |||||||
| Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| magay shepard | |||||||
| Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| b jane winn | |||||||
| Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| doug buchanan | |||||||
| Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| david costner | |||||||
| Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Jean S Freeman | |||||||
| Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Harold H Bud Hughes | |||||||
| Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| carole martin | |||||||
| Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ruth parham | |||||||
| Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| brent townsend | |||||||
| Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| charles trammell | |||||||
| Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| jim wilson | |||||||
| Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| John S Ayers | |||||||
| Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Will davis | |||||||
| Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Michael V Groce | |||||||
| Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Ac Honeycutt Jr | |||||||
| Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Arlo Jennings | |||||||
| Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Keith Leggett | |||||||
| Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Ronald F Martin | |||||||
| Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Robert L Merrill | |||||||
| Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mark Cabaniss | |||||||
| Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Sally P Duyck | |||||||
| Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Linda Judge-McRae | |||||||
| Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mike Kelly | |||||||
| Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Brenda G Nash | |||||||
| Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Karen M Smith | |||||||
| Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Cheryl B Pappas | |||||||
| Chair | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| W Wayne Higgins | |||||||
| vice-chair | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Gwen Davis | |||||||
| Treasurer | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Carolyn H Ferguson | |||||||
| Secretary | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| DAN G LUNSFORD | |||||||
| PRESIDENT | 60.00 | $177,764 | $0 | $9,231 | Yes (X) | ||
| RANDELL N TILLEY | |||||||
| VP-FINANCE & facilities mgmt | 50.00 | $109,444 | $0 | $12,295 | Yes (X) | ||
| JOHN W WELLS | |||||||
| Executive VP for Academic affairs | 45.00 | $128,460 | $0 | $13,264 | Yes (X) | ||
| HAROLD G CHRISTMAN | |||||||
| VP-INSTITUTIONAL ADVANCEMEnt | 40.00 | $112,190 | $0 | $12,125 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $527,858 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $46,915 | 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 |
|---|---|---|---|---|---|
| WE Bolton Construction & Services | |||||
| PO Box 8609 | Asheville | NC | 28804 | construction services | $3,169,399 |
| Cooper Construction | |||||
| PO Box 806 | Hendersonville | NC | 28793 | Construction services | $3,155,908 |
| Brantley Construction | |||||
| 291 Plott Drive | Canton | NC | 28716 | Construction services | $3,147,643 |
| CHARTWELLS | |||||
| P O Box 91337 | CHICAGO | IL | 60693 | DINING HALL SERVICES | $2,502,975 |
| Legerton Architecture Inc | |||||
| 21 North Liberty St | Asheville | NC | 28801 | architect services | $370,109 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 12 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $1,489,664 | GovernmentGrantsAmt |
| All Other Contributions | $6,438,235 | AllOtherContributionsAmt |
| Noncash Contributions | $579,805 | NoncashContributionsAmt |
| Total Contributions | $7,927,899 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| tuition and fees | 900099 | $34,210,662 | $34,210,662 |
| residence halls | 900099 | $8,519,377 | $8,519,377 |
| auxiliary revenue | 900099 | $1,008,226 | $1,008,226 |
| cafeteria income | 900099 | $11,654 | $11,654 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $43,749,919 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $940,622 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$9,823 | UnrelatedBusinessRevenueAmt |
| Exclusion | $950,445 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $105,804 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $105,804 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $105,804 | TotalRevenueColumnAmt |
| Exclusion | $105,804 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $11,567,511 | SecuritiesAmt |
| Other | $9,500 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,608,282 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,959,229 | SecuritiesAmt |
| Other | $9,500 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,968,729 | TotalRevenueColumnAmt |
| Exclusion | $5,968,729 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $940,574 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $940,574 | TotalRevenueColumnAmt |
| Exclusion | $940,574 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $980,522 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $980,522 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $980,522 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $60,614,069 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $44,730,441 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$9,823 | UnrelatedBusinessRevenueAmt |
| Exclusion | $7,965,552 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,583,893 | TotalAmt |
| Program Services | $20,583,893 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $308,735 | TotalAmt |
| Program Services | $93,498 | ProgramServicesAmt |
| Management And General | $215,237 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,413,757 | TotalAmt |
| Program Services | $8,043,576 | ProgramServicesAmt |
| Management And General | $1,603,844 | ManagementAndGeneralAmt |
| Fundraising | $766,337 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $618,686 | TotalAmt |
| Program Services | $476,858 | ProgramServicesAmt |
| Management And General | $96,468 | ManagementAndGeneralAmt |
| Fundraising | $45,360 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,225,977 | TotalAmt |
| Program Services | $1,696,782 | ProgramServicesAmt |
| Management And General | $369,304 | ManagementAndGeneralAmt |
| Fundraising | $159,891 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $968,726 | TotalAmt |
| Program Services | $736,207 | ProgramServicesAmt |
| Management And General | $163,145 | ManagementAndGeneralAmt |
| Fundraising | $69,374 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $862,341 | TotalAmt |
| Program Services | $187,855 | ProgramServicesAmt |
| Management And General | $664,335 | ManagementAndGeneralAmt |
| Fundraising | $10,151 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $520,005 | TotalAmt |
| Program Services | $258,016 | ProgramServicesAmt |
| Management And General | $261,989 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $720,962 | TotalAmt |
| Program Services | $272,856 | ProgramServicesAmt |
| Management And General | $285,436 | ManagementAndGeneralAmt |
| Fundraising | $162,670 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $768,249 | TotalAmt |
| Program Services | $610,962 | ProgramServicesAmt |
| Management And General | $106,231 | ManagementAndGeneralAmt |
| Fundraising | $51,056 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $880,286 | TotalAmt |
| Program Services | $880,286 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,001,244 | TotalAmt |
| Program Services | $767,304 | ProgramServicesAmt |
| Management And General | $233,940 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $552,855 | TotalAmt |
| Management And General | $552,855 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| auxiliary expenses | $9,087,710 | $9,087,710 | ||
| plant allocation | $1,144,993 | $877,447 | $267,546 | |
| BAD DEBT EXPENSE | $487,153 | $487,153 | ||
| equip rental & maintena | $256,264 | $149,282 | $106,648 | $334 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $685,141 | TotalAmt |
| Program Services | $572,068 | ProgramServicesAmt |
| Management And General | $53,150 | ManagementAndGeneralAmt |
| Fundraising | $59,923 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,086,977 | TotalAmt |
| Program Services | $45,294,600 | ProgramServicesAmt |
| Management And General | $5,467,281 | ManagementAndGeneralAmt |
| Fundraising | $1,325,096 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,825,201 | BOYAmt |
| EOY | $8,129,412 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,079,111 | BOYAmt |
| EOY | $1,000,000 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,194,481 | BOYAmt |
| EOY | $3,277,392 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,082,381 | BOYAmt |
| EOY | $1,242,428 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,819,242 | BOYAmt |
| EOY | $1,693,520 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $350,922 | BOYAmt |
| EOY | $316,676 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $279,157 | BOYAmt |
| EOY | $280,380 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $105,720,270 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $37,060,778 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,729,454 | BOYAmt |
| EOY | $68,659,492 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $60,081,007 | BOYAmt |
| EOY | $55,855,299 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $76,765 | BOYAmt |
| EOY | $82,094 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $131,517,721 | BOYAmt |
| EOY | $140,536,693 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,318,514 | BOYAmt |
| EOY | $4,763,831 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $396,010 | BOYAmt |
| EOY | $406,335 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,005,651 | BOYAmt |
| EOY | $42,067,572 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,828,683 | BOYAmt |
| EOY | $3,605,305 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,548,858 | BOYAmt |
| EOY | $50,843,043 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,032,369 | BOYAmt |
| EOY | $16,603,096 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,401,467 | BOYAmt |
| EOY | $22,389,812 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,535,027 | BOYAmt |
| EOY | $50,700,742 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $90,968,863 | BOYAmt |
| EOY | $89,693,650 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $131,517,721 | BOYAmt |
| EOY | $140,536,693 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $8,527,092 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$8,902,011 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$900,294 | 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 |
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
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $46,146,662 | BeginningYearBalanceAmt |
| Contributions | $2,057,333 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,828,513 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,466,869 | OtherExpendituresAmt |
| Administrative Expenses | $2,400,000 | AdministrativeExpensesAmt |
| End Year Balance | $41,508,613 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $43,722,136 | BeginningYearBalanceAmt |
| Contributions | $1,026,612 | ContributionsAmt |
| Investment Earnings Or Losses | $2,786,886 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $1,388,972 | AdministrativeExpensesAmt |
| End Year Balance | $46,146,662 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $40,310,301 | BeginningYearBalanceAmt |
| Contributions | $3,362,624 | ContributionsAmt |
| Investment Earnings Or Losses | $1,552,528 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $1,503,317 | AdministrativeExpensesAmt |
| End Year Balance | $43,722,136 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $36,766,823 | BeginningYearBalanceAmt |
| Contributions | $701,986 | ContributionsAmt |
| Investment Earnings Or Losses | $4,326,281 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $1,484,789 | AdministrativeExpensesAmt |
| End Year Balance | $40,310,301 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $39,853,587 | BeginningYearBalanceAmt |
| Contributions | $914,922 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,948,619 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $2,053,067 | AdministrativeExpensesAmt |
| End Year Balance | $36,766,823 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.94930 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.05070 | TermEndowmentBalanceEOYPct |
| 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 | $1,549,148 | OtherCostOrOtherBasisAmt |
| Book Value | $1,549,148 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $70,090,101 | OtherCostOrOtherBasisAmt |
| Depreciation | $29,500,941 | DepreciationAmt |
| Book Value | $40,589,160 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,383,177 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,003,080 | DepreciationAmt |
| Book Value | $1,380,097 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $15,577,935 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,556,757 | DepreciationAmt |
| Book Value | $9,021,178 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,119,909 | OtherCostOrOtherBasisAmt |
| Book Value | $16,119,909 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $68,659,492 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (7 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| REAL ESTATE INVESTMENT TRUSTS | $1,028,899 | F |
| ASSETS HELD IN CHARITABLE REMAINDER TRUSTS | $1,312,694 | F |
| BENEFICIAL INTERESTS IN TRUSTS | $13,709,128 | F |
| mutual funds | $2,937,928 | F |
| ALTERNATIVE INVESTMENTS | $35,843,825 | F |
| FIXED INCOME | $48,797 | F |
| Real estate held for investment | $974,028 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $55,855,299 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| ANNUITIES PAYABLE | $703,504 |
| POSTRETIREMENT BENEFITS LIABILITIES | $1,813,797 |
| REFUNDABLE ADVANCES FROM DEPARTMENT OF EDUCATION | $1,088,004 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,605,305 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $29,995,767 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$8,902,011 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$21,716,291 | OtherRevenueAmt |
| Revenue Not Reported | -$30,618,302 | RevenueNotReportedAmt |
| Revenue Subtotal | $60,614,069 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $60,614,069 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $31,503,084 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $31,503,084 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $20,583,893 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $20,583,893 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $52,086,977 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part V, Line 4: | To support the institution in perpetuity for scholarships, lectureships, and various other operations and buildings on campus. |
| Part X, Line 2: | The University is exempt from income tax under Section 501(c)(3) of the Internal Revenue Code. Management has evaluated the effect of the guidance provided by GAAP on Accounting for Uncertainty in Income Taxes. Management believes that the University continues to satisfy the requirements of a tax-exempt organization at May 31, 2016. Management has evaluated all other tax positions that could have a significant effect on the financial statements and determined the University had no significant uncertain income tax positions at May 31, 2016. |
| Part XI, Line 2d - Other Adjustments: | TUITION DISCOUNTS REDUCING TUITION INCOME ON FINANCIALS -20,583,893. EARNINGS ON ASSETS HELD IN TRUST -1,132,398. |
| Part XII, Line 4b - Other Adjustments: | TUITION DISCOUNTS REDUCING TUITION INCOME ON FINANCIALS 20,583,893. |
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 | RACIALLY NONDISCRIMINATORY POLICY STATEMENT IS INCLUDED IN all college generated documents including the college catalog. in addition, it is published in the local newspaper at least annually. |
| Schedule E, Part I, Line 6 | LINE 6A - THE UNIVERSITY RECEIVED STUDENT FINANCIAL AID GRANTS FROM THE U.S. DEPARTMENT OF EDUCATION. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | investments | TypeOfActivitiesConductedTxt |
| 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 | $0 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $0 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | 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 |
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 | tuition discounts/scholarships | GrantTypeTxt |
| Recipient | 1230 | RecipientCnt |
| Cash Grant | $20,583,893 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | The process for monitoring the use of tuition discount or grants/scholarship funds at Mars Hill College includes the use of a matrix that limits and determines the amount of academic scholarship awarded with a maximum of $7000. The Dean of Admissions and Financial Aid and the Director of Financial Aid meet monthly to review the current amount of tuition discount or grants/scholarships being awarded to ensure that the college stays within budget. Tuition discount, grant and scholarship reports are submitted to the President on a regular basis. the budget for these grants is approved by the Board of Trustees on an annual basis. The Dean of Admissions and Financial Aid and the Director of Financial Aid monitor all tuition discount financial aid awards prior to the award letter being mailed. Athletic grants are monitored by coaches and the Athletic Director with strict guidelines established by NCAA. The Athletic Director reports regularly to the President of the college the amount of tuition discount athletic grants awarded by each team per year. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| 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 | DAN G LUNSFORD | PersonNm |
| Title | PRESIDENT | TitleTxt |
| Base Compensation Filing Org | $177,764 | 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 | $9,015 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $216 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $186,995 | 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 | The President's spouse will occasionally travel with him on certain university functions. There is a substantial business purpose for such travel, and the expenses are documented and retained on file. | ExplanationTxt |
Schedule M IRS990ScheduleM
Cars And Other Vehicles CarsAndOtherVehiclesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $9,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | fair market value | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 11 | ContributionCnt |
| Noncash Contributions Rpt F990 | $292,805 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Real Estate Residential RealEstateResidentialGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $278,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| 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 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, line 11 | the executive committee of the board and the full board of trustees are presented with a copy of the 990 for review prior to filing. |
| Form 990, Part VI, Section B, line 12c | Each new or returning trustee receives orientation which includes a discussion regarding the conflict of interest requirement. In the event that a potential conflict arises during the year, the board member will recuse himself/herself from all discussions and vote. |
| Form 990, Part VI, Section B, line 15 | the compensation committee of the board reviews and approves the compensation for the president and the top management officials. recommended changes require action and approval by the full board of trustees and discussions are documented in the meeting minutes. salaries are compared to other similar institutions and to salary surveys issued by the NC Independent College/Universities Annual Compensation Survey. |
| Form 990, Part VI, Section C, line 19 | THE ORGANIZATION'S GOVERNING documents, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS are available to the public upon request through the president's office. |
| Form 990, Part XI, line 9: | Change in Value of Split Interest Agreements 4,582. POSTRETIREMENT BENEFIT RELATED CHANGES 169,393. change in value of interest rate swap 58,129. earnings on assets held in trust -1,132,398. |
| FORM 990, PART XIi, LINE 2C | THERE IS AN AUDIT COMMITTEE COMPRISED OF TRUSTEES THAT HAS RESPONSIBILITY FOR THE RECOMMENDATION OF THE AUDITORS, OVERSIGHT OF THE AUDIT, AS WELL AS THE COMMUNICATION RESPONSIBILITY WITH THE AUDITORS. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | charitable remainder unitrust (8) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | trust | PrimaryActivitiesTxt |
| Legal Domicile State | NC | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | mars hill college | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | T | EntityTypeTxt |
| 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 | 0 | 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 | 0 | 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 |