2017-05-15T03:49:29-00:00 2016-06-30 Murphy and Company PC 1475 Klondike Road Suite 100 Conyers GA 30094 990 2015-07-01 560603922 Livingstone College LIVI 7042166025 701 West Monroe Street Salisbury NC 28144 Reginald Dickens Chief Financial Officer 2016-12-15 true Dane Alexander 4048740555 2016-12-15 2015 2021-01-29 14:40:06Z Reginald Dickens 701 West Monroe Street Salisbury NC 28144 36986346 false X www.livingstone.edu X 1905 NC The mission of the College is to prepare students personally, socially, and intellectually to effectively function in a global and technological society. 23 22 624 62 0 6237521 7047179 30267876 29303066 534283 78168 617034 557933 37656714 36986346 3900079 3861802 0 731518 960084 0 357805 31787238 29852532 36418835 34674418 1237879 2311928 63379976 65493639 26201836 26666336 37178140 38827303 The College provides a Christian based environment suitable for learning, it provides liberal arts and religious programs for students from all ethnic backgrounds designed to develop their potential for leadership and service to a global community. false false 16548756 3861802 21136597 The College is an institution of higher education and provides instruction and various support services in achieving its purpose 3936992 8166469 Auxiliary enterprises support the Colleges mission of providing quality educational opportunities. These services include but are not limited to food service, campus housing, campus post office, vending, campus stores and athletics. 20485748 true true false false false false false false false true true true false false true true true false true false false false false false false false false false true true false false false false false false false false false false false false false true false false false true 2209 0 624 true false false false false false false false false false false false false false X 23 22 false false false false false false false true true false false true true true true true true true true false NC X Reginald Dickens 7042166026 701 West Monroe Street Salisbury NC 28144 Mr David A Aiken Sr Board Member 001.00 001.00 X 0 0 0 Mr Joel G Bowden Esq Board Member 001.00 001.00 X 0 0 0 Rev Kathryn G Brown Board Member 001.00 001.00 X 0 0 0 Bishop George E Battle Jr Chairperson 001.00 001.00 X X 0 0 0 Dr Arnett Coleman Board Member 001.00 001.00 X 0 0 0 Dr James R Gavin III Board Member 001.00 001.00 X 0 0 0 Col Aaron B Floyd Board Member 001.00 001.00 X 0 0 0 Bishop Michael A Frencher Sr Assistant Secretary 001.00 001.00 X X 0 0 0 Bishop Louis Hunter Sr Secretary 001.00 001.00 X X 0 0 0 Mr Herb Gray Board Member 001.00 001.00 X 0 0 0 Atty Eunice Jones-Obeng Board Member 001.00 001.00 X 0 0 0 Bishop Richard K Thompson Vice Chairperson 001.00 001.00 X X 0 0 0 Dr Jimmy R Jenkins President 040.00 001.00 X X 332769 0 13992 Bishop Kenneth Monroe Board Member 001.00 001.00 X 0 0 0 Bishop Mildred B Hines Board Member 001.00 001.00 X 0 0 0 Bishop W Darin Moore Treasurer 001.00 001.00 X X 0 0 0 Bishop Dennis V Proctor Board Member 001.00 001.00 X 0 0 0 Bishop Darryl B Starnes Sr Board Member 001.00 001.00 X 0 0 0 Bishop Seth O Lartey Board Member 001.00 001.00 X 0 0 0 Reverend Dr Dwayne Walker Board Member 001.00 001.00 X 0 0 0 Ms Delores M Johnson Board Member 001.00 001.00 X 0 0 0 Dr Shirley Welch Board Member 001.00 001.00 X 0 0 0 Mr Robert Marshall Board Member 001.00 001.00 X 0 0 0 Dr Carolyn Duncan Vice President for Academic Affairs 040.00 001.00 X 158841 0 0 Dr Orlando Lewis Vice President for Student Affairs 040.00 001.00 X 109163 0 0 Mr Reginald Dickens Vice President for Business and Finance 040.00 001.00 X 158887 0 6432 Dr Herman Felton Senior Vice President for Institutional Advancement 040.00 001.00 X 180000 0 0 939660 20424 5 false true false Jenzabar Inc PO Box 55018 Boston MA 022845018 Software and Servicing 461279 Perkins Management Services 203 Rowan Street Fayetteville NC 28305 Food Service Management 2540752 North Carolina Service Company PO Box 27541 Raleigh NC 27611 Grounds Maintenance 1663462 Eddies Drywall 4808 Holders Road Greensboro NC 27405 Repairs and Renovations 573326 Scott's LTD INC 363 Quick Silver Drive WinstonSalem NC 27127 Repairs and Renovations 708300 11 4323145 2724034 7047179 Tuition and Fees 611600 21136597 21136597 Sales and Services of Auxiliary Enterprises 611710 8166469 8166469 29303066 78168 78168 Other Income 900099 557933 557933 557933 36986346 29939167 0 3861802 3861802 0 0 960084 960084 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Instruction 7212783 7212783 Public service/ Student services 3391720 3391720 Academic support 1163364 365629 797735 Institutional support 14147673 1716822 12073046 357805 3936992 3936992 34674418 20485748 13830865 357805 3088215 4052634 680125 157004 554704 531995 2571594 2023623 44728 32117 817241 901696 81345189 41306332 39131567 40038857 2585221 2809846 13347170 14132016 559411 813851 63379976 65493639 3707735 2487652 10994800 712927 11399450 23344857 99851 120900 26201836 26666336 X 33647577 34889398 2161808 2569150 1368755 1368755 37178140 38827303 63379976 65493639 X 2311928 -164870 1500099 -1997994 X false true X true true true X 0.00000 0.00000 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 1431340 -164870 -164870 1431340 1412451 18889 36479 36479 1431340 1339666 72785 78851 78851 1412451 1331366 8300 -92020 -92020 1339666 1316986 14380 81660 81660 1331366 1.00000 true false 115490 115490 67323739 34234975 33088764 13905960 7071357 6834603 40038857 Financial derivatives and other financial products Closely-held equity interests Real estate 14132016 F 14132016 Federal income taxes Capital lease obligation 120900 120900 X 36821476 -164870 -164870 36986346 36986346 36672412 1997994 1997994 34674418 34674418 V 4 The endowment funds shown are considered permanently restricted. The College does not intend to use the funds. X 2 The Colleges policy is to record a liability for any tax position taken that is beneficial to the College, including any related interest and penalties, when it is more-likely-than-not the position taken by management with respect to a transaction or class of transactions will be overturned by a taxing authority upon examination. Management believes there are no such positions as of June 30, 2016. Accordingly, no liability has been accrued. true true true true true true true false false false false false false false false true false true 6a The College offers scholarships and student financial aid to assist with meeting the students financial obligations. The Financial Aid Office has the necessary policies and procedures to ensure that the College adheres to and complies with federal regulations regarding eligibility for student financial aid. Requirements for receiving scholarships depend on other factors, such as grade point average, family income, or athletic talents. true Privately Funded Student Scholarships 801 3861802 Part III Line 1 All scholarships are awarded based upon specific criteria maintained by the financial aid office. Requirements for receiving scholarships depend upon other factors, such as grade point average, family income or economic need. The Colleges financial aid staff monitors the eligibility guidelines to ensure compliance. The College also undergoes the required Uniform Guidance audit annually. X true true X X false false false false false false false false false Dr Jimmy R Jenkins President 332745 24 13992 346761 Dr Carolyn Duncan Vice President for Academic Affairs 158817 24 158841 Mr Reginald Dickens Vice President for Business and Finance 158817 60 6432 165309 Dr Herman Felton Senior Vice President for Institutional Advancement 180000 180000 Form 990, Part VI, Section B, Line 11b The College presents the Form 990 to its finance/audit committee for review when the form is ready. Depending on when the committee meets and the due date of the return, the Form 990 is either modified before it is filed or an amendment is filed for any changes required from the finance/audit committees review. Form 990, Part VI, Section B, Line 12c Trustees are required to disclose at the next convening Board of Trustees meeting any conflict of interest. Board members with a conflict of interest on a matter for vote must abstain from voting. The Colleges audit/finance commitee is responsible for ensuring adherence to the policy. Form 990, Part VI, Section B, Line 15a The Board of Trustees, based on predetermined areas of performance, evaluates the work of the President annually. The Boards Evaluation and Compensation Committee evaluates the performance. When additional compensation is deemed appropriate, a review of salaries at peer institutions is conducted to assist in arriving at a recommendation to the Executive Committee for approval. Form 990, Part VI, Section B, Line 15b Compensation for top officers of the College is at the discretion of the President. This discretion is based on 1 previous salary history, 2 market data from CUPA Survey published in the Chronicle of Higher Education, and 3 the bargaining process. Form 990, Part VI, Section C, Line 19 The College makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. To obtain copies, contact the business office and submit a request identifying the specific documents. Form 990, Part XI, Line 5 The College presents its changes in net assets or fund balances separate from revenues and expenses. The balance is representative of gains and losses on investments during the fiscal year. Form 990, Part XI, Line 9 This amount represents a loss due to early extinguishment of debt as a result of refinancing. African Methodist Episcopal Zion Church 3225 Sugar Creek Road Charlotte NC 28269 581734680 Contributor NC 501c3 1 N/A false false false true false false false false false false false false false false false false false false false false African Methodist Episcopal Zion Church c 729751 Check Deposit