2017-01-31T09:37:12-06:00 2016-06-30 560574444 CHERRY BEKAERT LLP 1111 Metropolitan Ave Ste 1000 Charlotte NC 28204 990 2015-07-01 570314374 CLAFLIN UNIVERSITY CLAF 8035355413 400 MAGNOLIA ST ORANGEBURG SC 29115 tijuana hudson vice president fiscal affairs 8035355413 2017-01-23 1 Janice A Ratica P00358837 7043771678 2015 2021-01-29 14:40:06Z dr henry n tisdale 400 MAGNOLIA ST ORANGEBURG SC 29115 61529297 0 X WWW.CLAFLIN.EDU X 1869 SC CLAFLIN UNIVERSITY IS AN INDEPENDENT, LIBERAL ARTS, CO-EDUCATIONAL, HISTORICALLY BLACK INSTITUTION THAT IS AFFILIATED WITH THE UNITED METHODIST CHURCH. IT IS DEDICATED TO EDUCATIONAL EXCELLENCE AND TO PREPARING STUDENTS WITHOUT REGARD TO GENDER, RACE, RELIGION OR ETHNIC ORIGIN. IT IS COMMITTED TO OFFERING QUALITY UNDERGRADUATE PROGRAMS, SELECT GRADUATE PROGRAMS, AND VIABLE CONTINUING EDUCATION OPPORTUNITIES. IN FISCAL YEAR 2015, APPROXIMATELY 2,215 STUDENTS WERE ENROLLED AT THE UNIVERSITY. 24 24 1195 250 16382 -21274 12292280 11948770 39002269 41403514 2193706 923752 -54934 -732832 53433321 53543204 6431629 7177045 0 0 23328832 24309783 0 0 2284306 21129696 22535252 50890157 54022080 2543164 -478876 100633122 99093927 39576100 39157827 61057022 59936100 X Claflin is committed to excellence in teaching, research, and creative expression. We are guided by a set of principles that help us work toward our goal of equipping students with the necessary tools for personal and professional growth. We are committed to offering quality undergraduate programs, innovative graduate programs, and viable continuing education opportunities. By design, we have emerged as a national leader in comprehensive education and continue to engage in a strategic plan which outlines an enhanced vision of academic excellence with greater emphasis on research, scholarly contributions and creative activity. 0 0 29462921 7177045 28103008 INSTRUCTIONAL:Claflin's primary exempt purpose achievement is to provide a higher education to students under a college degree program. Claflin has four schools consisting of the School of Education, School of Natural Science and Mathematics, School of Business and School of Humanities and Social Science as well as the Center for Professional and Continuing Studies. Courses are offered leading to the award of the Bachelor of Arts in 14 majors, Bachelor of Science in 23 majors and a Masters of Business Administration. 6399396 11256497 AUXILLIARY SERVICES:THE UNIVERSITY CONDUCTED AUXILIARY ENTERPRISES FOR THE CONVENIENCE OF STUDENTS, FACULTY, STAFF AND THE COMMUNITY-ATLARGE. AUXILIARY ENTERPRISES CONSIST OF INTERCOLLEGIATE ATHLETICS, STUDENT HOUSING, FOOD SERVICE AND PRINT SHOP. THE UNIVERSITY PARTICIPATES IN NCAA DIVISION II ATHLETICS AND IT'S PROGRAMS CONSIST OF FOUR SPORTS FOR MEN AND FIVE SPORTS FOR WOMEN. 3932797 1331838 STUDENT SERVICES:CLAFLIN UNIVERSITY IS WEDDED TO THE IDEA THAT ACADEMIC ACHIEVEMENT IS FACILITATED BY A WELLBALANCED AND WELLROUNDED PROGRAM OF STUDENT ACTIVITIES AND SERVICES. AS THE NAME IMPLIES, STUDENT DEVELOPMENT AND SERVICES OPERATES PRIMARILY FOR STUDENTS. THIS UNIT SEEKS TO SERVE STUDENTS BOTH DIRECTLY AND INDIRECTLY: DIRECTLY IN THAT IT ANTICIPATES AND PROVIDES FOR THEIR PHYSICAL, EMOTIONAL, AND SPIRITUAL NEEDS AND INDIRECTLY IN THAT, IN ITS TOTALITY, IT HELPS TO BUILD THE MORALE OF THE STUDENT BODY. STUDENT SERVICES PROGRAMS INCLUDE CAREER SERVICES, STUDENT HEALTH SERVICES, COUNSELING CENTER, CHAPLAIN SERVICES, FINANCIAL AID, ADMISSIONS, RECORDS, RESIDENTIAL LIFE AND STUDENT GOVERNMENT. OTHER SERVICES INCLUDE A WIDE RANGE OF PROGRAMS INCLUDING RESEARCH, LIBRARY SERVICES, PUBLIC SERVICES, AND ACADEMIC SUPPORT. 39795114 1 1 0 0 0 0 0 1 1 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 1 286 0 1 1195 1 1 1 0 0 0 0 1 1 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X TIJUANA HUDSON 8035355197 400 MAGNOLIA STREET ORANGEBURG SC 29115 Ms Cynthia Anderson Member 0.50 X 0 0 0 Mr Michael R Brenan Member 0.50 X 0 0 0 Mr David Campbell Member 0.50 X 0 0 0 Dr Belinda F Gergel Member 0.50 X 0 0 0 Ms Virginia Maxwell Grose Member 0.50 X 0 0 0 Mr John O Herring Member 0.50 X 0 0 0 Mr William H Johnson Member 0.50 X 0 0 0 Mrs Ruth Jordan Member 0.50 X 0 0 0 Mr Daniel Lebish Member 0.50 X 0 0 0 Mrs Hema Patel Member 0.50 X 0 0 0 Mrs Leslie Price Member 0.50 X 0 0 0 Dr Albert Shuler Member 0.50 X 0 0 0 Dr Joan Stevens Member 0.50 X 0 0 0 Mr Isaac Templeton Jr Member 0.50 X 0 0 0 Mr William L Thompson Member 0.50 X 0 0 0 Mr Keith M Clarke Member 0.50 X 0 0 0 Dr Willie L Frazier Member 0.50 X 0 0 0 Mr Moses L Harvin Member 0.50 X 0 0 0 Ms Nancy Wilson Young Member 0.50 X 0 0 0 Mr James Bennett Chairman 0.50 X X 0 0 0 Mr James K Lehman Vice Chairman 0.50 X X 0 0 0 Mr Ted Creech Secretary 0.50 X X 0 0 0 Janice Marshall Associate Secretary 0.50 X X 0 0 0 Mr Calvin H Elam Treasurer 0.50 X X 0 0 0 Dr Henry N Tisdale President 50.00 X 334588 0 199777 Tijuana Hudson VP - Fiscal Affairs 50.00 X 163667 0 32217 Karl Wright Provost-Chief Academic Officer 50.00 X 202384 0 20403 Zia Hasan VP - Institutional Effectiveness 50.00 X 164342 0 12326 Leroy A Durant VP - Student Development 50.00 X 157368 0 16175 Whittaker Middleton VP - Institutional Advancement 50.00 X 155910 0 16065 Drexel Ball Vice President for Administration 50.00 X 156384 0 20199 OMAR BAGASRA PROFESSOR/DIRECTOR OF SC Center for Biotechnology 50.00 X 118337 0 17030 1452980 0 334192 18 0 1 0 Sodexo Inc (Food Services) 400 Magnolia Street Orangeburg SC 29115 Food Services 3418448 Sodexo Inc & Affiliates (Plant) 400 Magnolia Street Orangeburg SC 29115 Facilities Services 3249492 Barnes & Noble College Booksellers LLC PO Box 823660 Philadelphia PA 191823660 Bookstore Charges 804558 Ricoh Professional Services PO Box 534777 Atlanta GA 303534777 Copier Services 372039 Sodexo Operations LLC 1440 Campbell Lane Bowling Green KY 42104 Facilities Services 292313 13 185751 8475016 3288003 710692 11948770 TUITION AND FEES 900099 28798797 28798797 room and board fees 900099 11256497 11256497 OTHER REVENUE 900099 1348220 1331838 16382 41403514 549992 549992 8300810 7927050 373760 373760 373760 22000 185751 59043 -37043 -37043 loss on perkins loan liquidation 900099 -695789 -695789 -695789 53543204 40691343 16382 886709 7177045 7177045 953036 953036 19419313 14856220 3640090 923003 804079 523568 250001 30510 1669774 1109132 508612 52030 1463581 1083157 308272 72152 145342 145342 184528 184528 5369081 2637849 2643804 87428 370286 88441 20216 261629 1907702 1350135 363294 194273 2602633 616061 1957819 28753 1498181 1209763 184979 103439 425946 295244 130702 3488044 2397489 1090555 732369 118614 613755 REPAIRS & MAINTENANCE 1330312 372033 914345 43934 O&M ALLOCATIONS 169848 3570481 -3400633 HONORARIA 122218 97535 21453 3230 EDUCATION TRAINING 27996 17459 10537 4160766 2274888 1401953 483925 54022080 39795114 11942660 2284306 2228826 1647348 191560 259337 5224266 4577389 3019388 2052804 368067 407315 109728144 47639048 61564352 62089096 25741077 24997110 2295586 3063528 100633122 99093927 5196736 5146601 2390704 1726645 764592 2653326 2378803 29335334 29141186 39576100 39157827 X 32821300 30687995 5805761 6298895 22429961 22949210 61057022 59936100 100633122 99093927 X -478876 -596295 -45751 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 0 1 X 17536022 839629 225071 887895 17712827 17109689 880645 415336 869648 17536022 14864436 1366995 1728031 849773 17109689 13052199 1559172 1037237 784172 14864436 12879457 997770 99580 924608 13052199 0.00000 0.96030 0.03970 0 0 2941481 2941481 77089018 34390507 42698511 29697645 13248541 16449104 62089096 MONEY FUNDS 784632 F UMC BOARD COLLEGE FUND 344938 F UMC BOARD INV. POOL 1038360 F MONEY MARKET 1588817 F FUNDS HELD IN TRUSTS 399814 F CORPORATE STOCKS 6833462 F CORPORATE BONDS 6813609 F GOVERNMENT BONDS 1066283 F MUTUAL FUNDS 6019927 F Alternative Investments 107268 F 24997110 OTHER LIABLITIES 591140 OBLIGATIONS UNDER CAPITAL LEASE 801773 Bonds Payable 27748273 29141186 X 46218107 -596295 20868 -7177045 -7752472 53970579 184528 -611903 -427375 53543204 47436207 20868 754832 775700 46660507 184528 7177045 7361573 54022080 Part III, Line 4: The museum, as well as points about the campus grounds, contain both permanent and ongoing art exhibits and ARE open to University students and the public. Public school students and the local community often visit the museum and other parts of the campus where art is exhibited. The museum is an integral part of our pedagogy for students majoring in art, as well as all other students. The museum collection, and other art about the campus, further support the mission of the University by providing valuable exposure to the Arts for our students and working to preserve the Arts for future generations. Part IV, Line 2b: Funds held for custodial account liability represent funds held on behalf of student organizations. Part V, Line 4: the endowment funds are established for a variety of educational purposes based on donor-imposed restrictions in the gift. Part X, Line 2: Management has evaluated the effect of FASB guidance on accounting for uncertainty in income taxes. The guidance clarified the accounting for uncertainty in income taxes recognized in an entity's financial statements by prescribing a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The University's policy is to record a liability for any tax position taken that is beneficial to the University, 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 and, accordingly, no liability has been accrued. Part XI, Line 2d - Other Adjustments: TUITION DISCOUNTS SHOWN AS NET OF REVENUE ON FINANCIAL STATEMENTS -7,177,045. Part XI, Line 4b - Other Adjustments: fundraising expenses shown net of revenue on 990 -59,043. CHANGE IN BENEFICIAL INTEREST OF TRUSTS 45,751. INVESTMENT INCOME SHOWN AS NON-OPERATING ITEMS ON FINANCIALS 97,178. loss on perkins loan liquidation -695,789. Part XII, Line 2d - Other Adjustments: fundraising expenses shown net of revenue on 990 59,043. loss on perkins loan liquidation 695,789. Part XII, Line 4b - Other Adjustments: TUITION DISCOUNTS SHOWN AS NET OF REVENUE ON FINANCIAL STATEMENTS 7,177,045. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 NON-DISCRIMINATION STATEMENTS ARE PRINTED ON THE APPLICATION FOR ADMISSIONS AND COLLEGE BROCHURE MATERIALS. it is also broadcast in media and newspaper on an annual basis. Schedule E, Part I, Line 6 CLAFLIN UNIVERSITY RECEIVES FINANCIAL AID AND/OR ASSISTANCE FROM VARIOUS AGENCIES OF THE UNITED STATES AND AGENCIES OF THE GOVERNMENT OF THE STATE OF SOUTH CAROLINA. THE FINANCIAL AID AND/OR ASSISTANCE IS FOR RESEARCH PERFORMED BY PROFESSORS OF THE UNIVERSITY FOR VARIOUS AGENCIES. OTHER FINANCIAL AID AND/OR ASSISTANCE ARE PASSTHROUGH FUNDS OF THE TITLE IV AND/OR STATE OF SOUTH CAROLINA FINANCIAL AID FOR ITS STUDENTS, AS WELL AS AGENCY FUNDS WHEREBY THE UNIVERSITY IS A DISBURSING AGENT ACTING ON BEHALF OF A GOVERNMENT AGENCY. gala 179744 163194 16550 54216 Golf Classic 18662 16062 2600 1 9345 6495 2850 4827 207751 185751 22000 59043 59043 -37043 1 tuition discounts & scholarships 1219 7177045 Part I, Line 2: the College's procedures for monitoring the use of grant funds requires the verification of 1) enrollment status, 2) number of hours enrolled, 3) number of earned credit hours, 4) GPA, and 5) housing status. In addition, a review of student academic performance is conducted each semester to determine overall standing in relation to the college's established satisfactory academic policy (SAP). X X 1 1 X X 0 1 0 0 0 0 0 0 0 Dr Henry N Tisdale President 334588 0 0 0 0 0 199777 0 0 0 534365 0 0 0 Tijuana Hudson VP - Fiscal Affairs 163667 0 0 0 0 0 0 0 32217 0 195884 0 0 0 Karl Wright Provost-Chief Academic Officer 202384 0 0 0 0 0 11933 0 8470 0 222787 0 0 0 Zia Hasan VP - Institutional Effectiveness 164342 0 0 0 0 0 12326 0 0 0 176668 0 0 0 Leroy A Durant VP - Student Development 157368 0 0 0 0 0 11803 0 4372 0 173543 0 0 0 Whittaker Middleton VP - Institutional Advancement 155910 0 0 0 0 0 11693 0 4372 0 171975 0 0 0 Drexel Ball Vice President for Administration 156384 0 0 0 0 0 11729 0 8470 0 176583 0 0 0 Part I, Line 1a THE PRESIDENT IS PROVIDED WITH A RESIDENCE FOR PERSONAL USE. THE RESIDENCE IS PROVIDED FOR THE CONVENIENCE OF THE COLLEGE IN HAVING THE FUNCTIONS OF THE OFFICE OF THE PRESIDENT EFFICIENTLY conducted AND AS A CONDITION OF EMPLOYMENT AS PRESIDENT OF THE COLLEGE. THE PRESIDENT IS ALSO PROVIDED WITH CLEANING SERVICES FOR HIS RESIDENCE. Part I, Line 4b $180,781 WAS CONTRIBUTED TO DR. TISDALE'S SECTION 457F PLAN DURING THE YEAR. 20350 TUITION ASSISTANCE TUITION ASSISTANCE (BASED ON SAME CRITERIA AS OTHER EMPLOYEES) X 2 4550 donor appraisal X 1 665875 Appraisal X OTHER 29 40267 ACTUAL VALUE 0 0 1 0 Part I, Column (b): THE NUMBER OF DONATIONS REPRESENTS THE NUMBER OF CONTRIBUTIONS VERSUS THE NUMBER OF ITEMS CONTRIBUTED. FOR WORKS OF ART AND "OTHER", THE COUNT INCLUDES TWO CONTRIBUTIONS THAT WERE NOT ASSIGNED A VALUE FOR FINANCIAL REPORTING PURPOSES AS A READILY DETERMINABLE MARKET VALUE WAS NOT AVAILABLE. Form 990, Part VI, Section B, line 11 the board will receive an electronic copy of the 990 prior to filing for their review and comments. Form 990, Part VI, Section B, line 12c The conflicts of interest policy is reviewed annually during the fall board meeting. board members and key employees sign an annual statement to acknowledge that no conflicts exist. In the course of meetings and/or activities, a board member or key employee will disclose any interests in a transaction or decision where he/she, including their business and/or other non-profit affiliations, family and/or significant other, employer, or close associate will receive a potential benefit or gain. After disclosure of any possible conflict of interest, the person will be asked to leave the room for the discussion and will not be permitted to vote on the matter. Form 990, Part VI, Section B, line 15 The organization uses comparability data (from forms 990 of other organizations and from compensation surveys) to determine the salary for the President. The President's salary is determined and approved by the independent Board of Trustees after an annual review and after the comparability data is reviewed. The individuals approving the compensation and the data upon which they relied is documented by formal letter to the President. The President follows similar guidelines in his determination of compensation for other key employees. Form 990, Part VI, Section C, line 19 the organization's financial statements, governing documents, and conflict of interest policy are available to the public upon request. Form 990, Part XI, line 9: change in beneficial interest in trust -45,751. Form 990, Part XII, Line 2c: The process has not changed from the prior year.