UNIVERSITY OF THE SCIENCES IN: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF THE SCIENCES IN (EIN 23-1352668)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2017-03-05
- IRS object ID
- 201740649349300304
- 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 C
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-03-05T21:51:51-06:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2001 MARKET STREET SUITE 700 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231352668 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | University of the Sciences in Philadelphia | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % BRIGID K ISACKMAN | InCareOfNm |
| Business Name Control | UNIV | BusinessNameControlTxt |
| Phone | 2155968862 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 South 43rd Street | AddressLine1Txt |
| City | Philadelphia | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 191044495 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | VALERIE WEIL | PersonNm |
| Person Title | COO | PersonTitleTxt |
| Phone | 2155968862 | PhoneNum |
| Signature | 2017-03-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Frank Giardini | PreparerPersonNm |
| PTIN | P00532355 | PTIN |
| Phone | 2155614200 | 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 | Paul Katz | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 South 43rd Street | AddressLine1Txt |
| City | Philadelphia | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 191044495 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $149,088,286 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.Usciences.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1821 | FormationYr |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Activity Or Mission | University of the Sciences prepares students to become leaders, innovators, and skilled practitioners in the sciences, the health professions, and related disciplines. | ActivityOrMissionDesc |
| Voting Members Governing Body | 19 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 19 | VotingMembersIndependentCnt |
| Total Employee | 1843 | TotalEmployeeCnt |
| Total Volunteers | 217 | TotalVolunteersCnt |
| Total Gross UBI | $114,755 | TotalGrossUBIAmt |
| PY Contributions Grants | $5,924,310 | PYContributionsGrantsAmt |
| CY Contributions Grants | $9,619,120 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $111,825,196 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $112,387,949 | CYProgramServiceRevenueAmt |
| PY Investment Income | $8,242,460 | PYInvestmentIncomeAmt |
| CY Investment Income | $7,899,612 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$53,510 | PYOtherRevenueAmt |
| CY Other Revenue | $1,204,406 | CYOtherRevenueAmt |
| PY Total Revenue | $125,938,456 | PYTotalRevenueAmt |
| CY Total Revenue | $131,111,087 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $33,894,420 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $32,599,011 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $53,218,397 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $52,111,283 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,922,896 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $38,972,846 | PYOtherExpensesAmt |
| CY Other Expenses | $39,410,328 | CYOtherExpensesAmt |
| PY Total Expenses | $126,085,663 | PYTotalExpensesAmt |
| CY Total Expenses | $124,120,622 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$147,207 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $6,990,465 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $360,857,908 | TotalAssetsBOYAmt |
| Total Assets EOY | $351,623,468 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $153,729,063 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $149,652,743 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $207,128,845 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $201,970,725 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | University of the Sciences prepares students to become leaders, innovators, and skilled practitioners in the sciences, the health professions, and related disciplines. We deliver excellence in teaching, research, and service through a safe and supportive environment in which our students live, learn, and succeed. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $57,061,059 | ExpenseAmt |
| Grant | $32,599,011 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | The mission of University of the Sciences (USciences) is to educate students to become leaders and innovators in the sciences, the health professions, and emerging related disciplines by providing excellence in teaching, research, and service. The University positions students to enter the marketplace straight from graduation or seek higher degrees. Fully accredited by the Middle States Commission on Higher Education, USciences was founded in 1821 as Philadelphia College of Pharmacy, the first college of pharmacy in North America. The institution changed its name in 1998 to reflect the broader range of academic opportunities the University currently offers. From treating, researching, and studying diseases and cures on a molecular level to the medicines that improve the lives of people worldwide, USciences is about moving life forward. Today, approximately 2,541 (2,094 undergraduate students, 447 graduate students) students are enrolled in top majors such as (with the highest enrollment) pharmacy, physical therapy, biology, and occupational therapy. The University student body is 54% non-white and 60% female. Students enjoy a student/faculty ratio of 10:1 and access to more than 100 laboratories and computer labs and over 80 clubs and campus organizations. Throughout its history, the University has been, and continues to be, an incubator for a thriving alumni network who share a passion for exploration and discovery in pharmacy, science, and healthcare as well as for governmental, business, and administrative professions. The results of a USciences education are rewarding, well-paying careers and discoveries across the pharmaceutical, medical, healthcare, and biotech spectrums worldwide. The U.S. Department of Educations College Scorecard ranks USciences No. 1 for highest earnings among PA, NJ, and DE graduates with a median annual income of $95,800 a decade after students enrolled and also ranks USciences No. 3 in the Mid-Atlantic Region and No. 7 in the U.S., when compared with graduates from four-year U.S. colleges and universities (U.S. Department of Educations College Scorecard https://collegescorecard.ed.gov); 96% of USciences students are employed or accepted for an advanced degree within six months of graduation (Class of 2015 postgraduation survey); the graduation rate is 15 percent higher than the national average (NCES 2015 Institutional Retention and Graduation Rates for Undergraduate Students); USciences acceptance rate into medical school was 94% (USciences' five-year retrospective of 2010-2014 matriculants and applicants); USciences prepares students for health professions that rank among the 25 best jobs in the U.S. including dentist, pharmacist, physician, physical therapist, physician assistant, market research analyst, marketing manager, and occupational therapist (U.S. News and World Report 2016); and nearly 98% of USciences students were in good standing when it comes to repaying their student loans, besting the national average of 88% (U.S. Department of Education http://www2.ed.gov/offices/OSFAP/defaultmanagement/cdr.html). The University campus is located on a 36-acre site comprised of 23 buildings in the University City section of Philadelphia, home to more than 40,000 college students each year. Among USciences newest buildings is the Integrated Professional Education Complex a 57,000-square-foot, three-story building opened in 2014 which showcases an interprofessional education model that permits students from several disciplines, including pharmacy, physical therapy, occupational therapy, exercise science, psychology, and healthcare business and policy, to obtain traditional and hands-on experience. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $19,106,806 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | ACADEMIC SUPPORT - UNIVERSITY OF THE SCIENCES PROVIDES COMPREHENSIVE STUDENT CENTERED LEARNING ASSISTANCE PROGRAMS, SERVICES AND RESOURCES FOR ALL STUDENTS TO SUCCEED. AT OUR TEACHING AND LEARNING CENTER STUDENTS RECEIVE ONE-ON-ONE TUTORING ASSISTANCE FOR NUMEROUS LOWER-LEVEL AND UPPER-LEVEL COURSES. WORKSHOPS ARE DESIGNED TO HELP STUDENTS DEVELOP EFFECTIVE STUDY SKILLS AND UTILIZE EFFECTIVE STRATEGIES. THE LIBRARY PROVIDES ACCESS TO SCHOLARLY MATERIALS AND INSTRUCTION IN THEIR USE. THE WRITING CENTER PROVIDES ONE-ON-ONE TUTORING FOR ANYONE IN THE UNIVERSITY COMMUNITY WORKING ON ANY KIND OF WRITING IN ANY STAGE OF DEVELOPMENT. THE HONORS PROGRAM AT UNIVERSITY OF THE SCIENCES OFFERS EXCEPTIONAL STUDENTS THE OPPORTUNITY FOR SPECIALIZED, INTENSIVE LEARNING EXPERIENCES BOTH INSIDE AND OUTSIDE THE CLASSROOM. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $9,384,399 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | STUDENT SERVICES - UNIVERSITY OF THE SCIENCES SEEKS TO ENRICH THE STUDENT'S EXPERIENCES ACADEMICALLY, CULTURALLY, AND SOCIALLY. FROM ENROLLMENT TO GRADUATION WE SUPPORT THE STUDENT THROUGH QUALITY STUDENT-CENTERED PROGRAMMING AND SERVICES THAT SUPPORT THE EMOTIONAL, INTELLECTUAL, PERSONAL AND ETHICAL GROWTH OF THE INDIVIDUAL STUDENT BY PROMOTING SUCCESS. THIS SUPPORT STARTS WITH PROGRAMS AT ORIENTATION AND CONTINUES WITH PROGRAMS IN INTERCOLLEGIATE ATHLETICS, GREEK LIFE, STUDENT GOVERNMENT, RESIDENCE AND STUDENT LIFE SERVICES, INTERNATIONAL AND MULTICULTURAL STUDENT PROGRAMS, HEALTH AND COUNSELING, AND CAREER SERVICES. THE UNIVERSITY OFFERS MANY INTERCOLLEGIATE SPORTS COMPETING AT THE NCAA DIVISION II LEVEL. OUR STUDENT HEALTH AND COUNSELING CENTER OFFERS A FULL RANGE OF CLINICAL SERVICES FOR ALL OF OUR STUDENTS. CAREER SERVICES FACILITATES THE PROCESS OF CAREER PLANNING AND PLACEMENT ASSISTANCE FOR STUDENTS AND ALUMNI OF THE UNIVERSITY. STUDENT LIFE ENGAGES STUDENT LEADERS THROUGH THE ILEAD PROGRAM DESIGNED TO HELP STUDENTS DEVELOP LEADERSHIP SKILLS WHILE AT THE UNIVERSITY AND BEYOND. ACADEMIC ADVISING SUPPORTS STUDENT SUCCESS THROUGH AN INTRUSIVE ADVISING MODEL THAT FOCUSES ON DEVELOPING STUDENT HOLISTICALLY. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (4 entries)
| ExpenseExpenseAmt | DescDesc | RevenueRevenueAmt |
|---|---|---|
| $12,875,802 | Institutional Support | |
| $6,792,960 | Auxiliary Enterprises | $8,712,287 |
| $4,404,292 | Research | $1,986,307 |
| $399,259 | Scholarships |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $24,472,313 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $10,698,594 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $110,024,577 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 3441 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 1843 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | Yes (true) | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | Yes (true) | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 19 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 19 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRIGID K ISACKMAN | PersonNm |
| Phone | 2155968701 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 SOUTH 43RD STREET | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 191044495 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (42 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Marvin Samson | ||||||||||
| CHAIR OF THE BOARD | 10.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Kathleen R Mayes | ||||||||||
| Interim President | 40.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| Kenneth L Murtha | ||||||||||
| Vice Chair of the Board | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| John M Daly | ||||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Andrew J Ferrara | ||||||||||
| Board Member | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Carla Hendricks | ||||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Richard Howard | ||||||||||
| Board Member | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Rose Mary B Hoy | ||||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Leonard S Jacob | ||||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Cedric H Jones | ||||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Robin L Keyack | ||||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Rajiv Lakhanpal | ||||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Kent E Lieginger | ||||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Ludmilla Malmberg | ||||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mark Oley | ||||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Donald J Phillips | ||||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| James J Rivard | ||||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Col S Rogers Wetherill | ||||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| David E Loder | ||||||||||
| Trustee - BOD SEC/GEN COUNSEL | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Carrie M Collins | ||||||||||
| Vice President (end 8/15) | 40.0 | 0.0 | $114,731 | $0 | $24,066 | Yes (X) | ||||
| Teresa Winslow | ||||||||||
| Vice President (Start 11/15) | 40.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| John E Vitali | ||||||||||
| VP Finance/CFO, end June 2016 | 40.0 | 0.0 | $283,998 | $0 | $35,711 | Yes (X) | ||||
| Heidi M Anderson | ||||||||||
| Provost (end 7/15) | 40.0 | 0.0 | $402,172 | $0 | $21,695 | Yes (X) | ||||
| Peter Miller | ||||||||||
| Provost (start 3/16) | 40.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Mary Kate mcGinity | ||||||||||
| SP Asst. to Pres. (end 10/15) | 40.0 | 0.0 | $98,380 | $0 | $13,353 | Yes (X) | ||||
| Davide Forde | ||||||||||
| Dir. Of Govt. Aff (Start 2/16) | 40.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Peter Berget | ||||||||||
| Chair of Biology | 40.0 | 0.0 | $153,515 | $0 | $32,071 | Yes (X) | ||||
| William Cunningham | ||||||||||
| Dean of Students | 40.0 | 0.0 | $158,003 | $0 | $32,276 | Yes (X) | ||||
| Amalia Issa | ||||||||||
| Chair of Health Policy | 40.0 | 0.0 | $171,494 | $0 | $12,358 | Yes (X) | ||||
| Mark Nestor | ||||||||||
| Chief Information Officer | 40.0 | 0.0 | $155,509 | $0 | $31,716 | Yes (X) | ||||
| Marvin Schulte | ||||||||||
| Chair Pham Sciences | 40.0 | 0.0 | $154,597 | $0 | $30,948 | Yes (X) | ||||
| Jean-Francois Jasmin | ||||||||||
| Associate Provost | 40.0 | 0.0 | $154,108 | $0 | $12,030 | Yes (X) | ||||
| Vojislva Torbica-Pophristic | ||||||||||
| Chair of Chemistry | 40.0 | 0.0 | $147,889 | $0 | $23,920 | Yes (X) | ||||
| John Masciantonio | ||||||||||
| Director, Institional Tech | 40.0 | 0.0 | $137,142 | $0 | $26,410 | Yes (X) | ||||
| Michelle Cohen | ||||||||||
| Dean, Health Sciences | 40.0 | 0.0 | $146,725 | $0 | $30,992 | Yes (X) | ||||
| Laurie Sherwen | ||||||||||
| Dean, Health Sci (end 8/15) | 40.0 | 0.0 | $137,234 | $0 | $19,146 | Yes (X) | ||||
| Andrew Peterson | ||||||||||
| Dean, Mayes College | 40.0 | 0.0 | $194,989 | $0 | $72,595 | Yes (X) | ||||
| Lisa Lawson Gibson | ||||||||||
| Dean of Pharmacy | 40.0 | 0.0 | $245,185 | $0 | $19,200 | Yes (X) | ||||
| Cathy Poon | ||||||||||
| Dean of Pharm Practice | 40.0 | 0.0 | $206,480 | $0 | $22,790 | Yes (X) | ||||
| Suzanne Murphy | ||||||||||
| Dean, Misher College Arts/Sci | 40.0 | 0.0 | $178,340 | $0 | $29,794 | Yes (X) | ||||
| Anthony Acquavella | ||||||||||
| Med Dir./PA Prog Dir. | 40.0 | 0.0 | $180,543 | $0 | $20,924 | Yes (X) | ||||
| Helen Giles-Gee | ||||||||||
| Former President | 0.0 | 0.0 | $336,116 | $0 | $15,946 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,757,150 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $527,941 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 117 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Sodexo Inc | |||||
| 9801 Washingtonian Blvd | GAITHERSBURG | MD | 20878 | Dining Services | $3,434,263 |
| Turner Construction Company | |||||
| 375 Hudson Street | NEW YORK | NY | 10014 | Construction | $1,982,010 |
| TN Ward Company | |||||
| 129 Coulter Avenue | ARDMORE | PA | 19003 | Construction | $1,219,628 |
| Aloysius Butler Clark | |||||
| PO Box 672 | WILMINGTON | DE | 19899 | Advertising | $739,827 |
| Posel Woodland Associates LP | |||||
| 212 walnut street | PHILADELPHIA | PA | 19106 | real estate | $691,813 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 57 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $1,986,307 | GovernmentGrantsAmt |
| All Other Contributions | $7,632,813 | AllOtherContributionsAmt |
| Total Contributions | $9,619,120 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 900099 | $103,675,662 | $103,675,662 |
| AUXILIARY SERVICES | 900099 | $8,712,287 | $8,712,287 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $112,387,949 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,735,818 | TotalRevenueColumnAmt |
| Exclusion | $9,735,818 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $60,928 | RealAmt |
| Personal | $26,488 | PersonalAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $33,305 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $27,623 | RealAmt |
| Personal | $26,488 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $54,111 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $54,111 | UnrelatedBusinessRevenueAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $16,107,688 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $17,943,894 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$1,836,206 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,836,206 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $15,238 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$1,851,444 | ExclusionAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| SALES & SERVICES | 900099 | $78,448 | $78,448 | |
| INCOME FROM LP INVESTMENTS | 900099 | -$33,042 | -$33,042 | |
| BOOKSTORE REVENUE | 900099 | $42,361 | $42,361 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,062,528 | TotalRevenueColumnAmt |
| Exclusion | $1,062,528 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,150,295 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $131,111,087 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $112,387,949 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $114,755 | UnrelatedBusinessRevenueAmt |
| Exclusion | $8,989,263 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,599,011 | TotalAmt |
| Program Services | $32,599,011 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,770,395 | TotalAmt |
| Program Services | $2,489,627 | ProgramServicesAmt |
| Management And General | $1,165,561 | ManagementAndGeneralAmt |
| Fundraising | $115,207 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,355,187 | TotalAmt |
| Program Services | $33,880,238 | ProgramServicesAmt |
| Management And General | $2,537,589 | ManagementAndGeneralAmt |
| Fundraising | $937,360 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,612,486 | TotalAmt |
| Program Services | $2,232,029 | ProgramServicesAmt |
| Management And General | $296,252 | ManagementAndGeneralAmt |
| Fundraising | $84,205 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,423,335 | TotalAmt |
| Program Services | $4,533,807 | ProgramServicesAmt |
| Management And General | $707,662 | ManagementAndGeneralAmt |
| Fundraising | $181,866 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,949,880 | TotalAmt |
| Program Services | $2,949,880 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $357,229 | TotalAmt |
| Program Services | $357,229 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $434,159 | TotalAmt |
| Program Services | $70,988 | ProgramServicesAmt |
| Management And General | $363,171 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $223,366 | TotalAmt |
| Program Services | $11,440 | ProgramServicesAmt |
| Management And General | $211,926 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,000 | TotalAmt |
| Management And General | $60,000 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $199,058 | TotalAmt |
| Program Services | $199,058 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,238,796 | TotalAmt |
| Program Services | $1,806,828 | ProgramServicesAmt |
| Management And General | $420,394 | ManagementAndGeneralAmt |
| Fundraising | $11,574 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,423,605 | TotalAmt |
| Program Services | $2,335,739 | ProgramServicesAmt |
| Management And General | $78,387 | ManagementAndGeneralAmt |
| Fundraising | $9,479 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,248,504 | TotalAmt |
| Program Services | $2,070,093 | ProgramServicesAmt |
| Management And General | $173,069 | ManagementAndGeneralAmt |
| Fundraising | $5,342 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $246,316 | TotalAmt |
| Program Services | $181,464 | ProgramServicesAmt |
| Management And General | $64,852 | ManagementAndGeneralAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,785,238 | TotalAmt |
| Program Services | $2,611,814 | ProgramServicesAmt |
| Management And General | $908,457 | ManagementAndGeneralAmt |
| Fundraising | $264,967 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,070,494 | TotalAmt |
| Program Services | $870,427 | ProgramServicesAmt |
| Management And General | $143,718 | ManagementAndGeneralAmt |
| Fundraising | $56,349 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $272,024 | TotalAmt |
| Program Services | $248,473 | ProgramServicesAmt |
| Management And General | $15,547 | ManagementAndGeneralAmt |
| Fundraising | $8,004 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,884,993 | TotalAmt |
| Program Services | $4,553,584 | ProgramServicesAmt |
| Management And General | $331,409 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,012,741 | TotalAmt |
| Program Services | $6,995,422 | ProgramServicesAmt |
| Management And General | $937,192 | ManagementAndGeneralAmt |
| Fundraising | $80,127 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $530,810 | TotalAmt |
| Program Services | $16,917 | ProgramServicesAmt |
| Management And General | $513,893 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| SERVICES AND OUTSIDE CONTRACTO | $7,043,223 | $5,160,207 | $1,836,688 | $46,328 |
| LIBRARY AND PERIODICALS | $827,881 | $827,056 | $825 | |
| PRINTING/DUPLICATING | $254,071 | $176,379 | $44,589 | $33,103 |
| EQUIPMENT | $574,172 | $326,419 | $240,457 | $7,296 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,723,648 | TotalAmt |
| Program Services | $2,520,448 | ProgramServicesAmt |
| Management And General | $1,122,336 | ManagementAndGeneralAmt |
| Fundraising | $80,864 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $124,120,622 | TotalAmt |
| Program Services | $110,024,577 | ProgramServicesAmt |
| Management And General | $12,173,149 | ManagementAndGeneralAmt |
| Fundraising | $1,922,896 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,309,886 | BOYAmt |
| EOY | $21,910,280 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,772,865 | BOYAmt |
| EOY | $1,531,340 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,783,068 | BOYAmt |
| EOY | $4,591,420 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,528,446 | BOYAmt |
| EOY | $5,158,902 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,403,326 | BOYAmt |
| EOY | $1,327,605 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $239,516,561 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $100,091,288 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $132,742,303 | BOYAmt |
| EOY | $139,425,273 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,804,432 | BOYAmt |
| EOY | $81,199,065 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $107,268,677 | BOYAmt |
| EOY | $96,196,129 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,244,905 | BOYAmt |
| EOY | $283,454 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $360,857,908 | BOYAmt |
| EOY | $351,623,468 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,757,945 | BOYAmt |
| EOY | $7,848,647 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,331,109 | BOYAmt |
| EOY | $5,427,344 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,903,848 | BOYAmt |
| EOY | $11,196,523 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $127,288,920 | BOYAmt |
| EOY | $124,746,231 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $447,241 | BOYAmt |
| EOY | $433,998 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $153,729,063 | BOYAmt |
| EOY | $149,652,743 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $145,697,705 | BOYAmt |
| EOY | $139,585,535 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,298,826 | BOYAmt |
| EOY | $14,125,887 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,132,314 | BOYAmt |
| EOY | $48,259,303 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $207,128,845 | BOYAmt |
| EOY | $201,970,725 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $360,857,908 | BOYAmt |
| EOY | $351,623,468 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $6,990,465 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$12,136,039 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$12,546 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | 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 (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | 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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbyingGrp | |
| Total Direct Lobbying | TotalDirectLobbyingGrp | |
| Total Lobbying Expend | TotalLobbyingExpendGrp | |
| Other Exempt Purpose Expend | OtherExemptPurposeExpendGrp | |
| Total Exempt Purpose Expend | TotalExemptPurposeExpendGrp | |
| Lobbying Nontaxable Amount | LobbyingNontaxableAmountGrp | |
| Grassroots Nontaxable | GrassrootsNontaxableGrp | |
| Tot Lbbyng Grassroot Mns Non Tx | TotLbbyngGrassrootMnsNonTxGrp | |
| Tot Lbby Expend Mns Lbbyng Non Tx | TotLbbyExpendMnsLbbyngNonTxGrp | |
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | false | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | false | MailingsMembersInd |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | false | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | false | DirectContactLegislatorsInd |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | Yes (true) | OtherActivitiesInd |
| Other Activities | $60,000 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $60,000 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE C, PART II-B, LINE 1I | FormAndLineReferenceDesc |
| Explanation | PAYMENT TO THIRD PARTY LOBBYING FIRM. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $168,614,089 | BeginningYearBalanceAmt |
| Contributions | $4,108,034 | ContributionsAmt |
| Investment Earnings Or Losses | -$5,060,645 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $9,000,000 | GrantsOrScholarshipsAmt |
| Administrative Expenses | -$70 | AdministrativeExpensesAmt |
| End Year Balance | $158,661,548 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $174,496,430 | BeginningYearBalanceAmt |
| Contributions | $539,666 | ContributionsAmt |
| Investment Earnings Or Losses | -$129,843 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $6,600,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$307,836 | OtherExpendituresAmt |
| End Year Balance | $168,614,089 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $157,964,494 | BeginningYearBalanceAmt |
| Contributions | $540,945 | ContributionsAmt |
| Investment Earnings Or Losses | $22,285,151 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $6,309,970 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$15,810 | OtherExpendituresAmt |
| End Year Balance | $174,496,430 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $147,881,261 | BeginningYearBalanceAmt |
| Contributions | $714,557 | ContributionsAmt |
| Investment Earnings Or Losses | $15,668,676 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $882,190 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,417,810 | OtherExpendituresAmt |
| End Year Balance | $157,964,494 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $154,151,897 | BeginningYearBalanceAmt |
| Contributions | $702,612 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,044,850 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,928,398 | GrantsOrScholarshipsAmt |
| End Year Balance | $147,881,261 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.64100 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.30350 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.05550 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,517,744 | OtherCostOrOtherBasisAmt |
| Book Value | $8,517,744 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $196,752,972 | OtherCostOrOtherBasisAmt |
| Depreciation | $82,595,787 | DepreciationAmt |
| Book Value | $114,157,185 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovementsGrp |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $25,743,389 | OtherCostOrOtherBasisAmt |
| Depreciation | $17,495,501 | DepreciationAmt |
| Book Value | $8,247,888 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,502,456 | OtherCostOrOtherBasisAmt |
| Book Value | $8,502,456 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $139,425,273 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp (6 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| BENEFICIAL INTEREST IN TRUSTS | $521,212 | F |
| ASSET ALLOCATION | $50,779,905 | F |
| PRIVATE EQUITY | $14,411,819 | F |
| HEDGE FUNDS | $16,537,934 | F |
| INFLATION HEDGE FUNDS | $4,963,246 | F |
| ABSOLUTE | $8,982,013 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $96,196,129 | TotalBookValueSecuritiesAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ANNUITY LIABILITIES | $225,891 |
| OTHER LIABILITIES | $208,107 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $433,998 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $86,396,796 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$12,136,039 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$32,611,557 | OtherRevenueAmt |
| Revenue Not Reported | -$44,747,596 | RevenueNotReportedAmt |
| Revenue Subtotal | $131,144,392 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$33,305 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$33,305 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $131,111,087 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $91,554,916 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $33,305 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $33,305 | ExpensesNotReportedAmt |
| Expenses Subtotal | $91,521,611 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $32,599,011 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $32,599,011 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $124,120,622 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Intended Uses of Endowment Funds | Schedule D, Part V, Line 4 The University's endowment is intended to provide both a source of operating funds as well as long-term financial stability for the University. |
| Liability for Uncertain Tax Position (ASC 740) | Schedule D, Part X, Line 2 The University has been recognized by the Internal Revenue Service (IRS) as exempt from federal income tax under Section 501(c)(3) of the U.S. Internal Revenue Code, except for taxes on income from activities unrelated to its exempt purpose. Accordingly, the University is not subject to income taxes except to the extent it has taxable income from activities that are not related to its exempt purpose. No provisions for income taxes have been made in the accompanying financial statements for 2016 or 2015. Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the University and recognize a tax liability (or asset) if the University has taken an uncertain tax position that more likely than not would not be sustained upon examination by the IRS. The University uses a threshold of more likely than not recognition and derecognition of tax positions taken or expected to be taken in a tax return. As of June 30, 2016 and 2015, the University does not have any uncertain tax position or any unrelated business income tax liability which would have a material impact on its financial statements. |
| Schedule D, Part XI, Line 2D | Scholarships ($32,599,011) Change in Pension Cost $6,254 Annuity Adjustment ($18,800) TOTAL.......................(32,611,557) |
| Schedule D, Part XI, Line 4B | Reclass of Expenses - Rent (33,305) TOTAL....................$ (33,305) |
| Schedule D, part XII, Line 2D | Reclass of Expenses - Rent 33,305 TOTAL....................$ 33,305 |
| Schedule D, Part XII, Line 4B | Scholarships $32,599,011 Total.......................$32,599,011 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Publication of Racially Nondiscriminatory Policy | Schedule E, Part I, Line 3 AN AFFIRMATIVE ACTION STATEMENT IS CONTAINED IN ALL ADMISSIONS MATERIALS AND IN THE UNIVERSITY CATALOG. The University catalog is available on the University Website. |
| Government Assistance | Schedule E, Part I, Line 6a THE UNIVERSITY OF THE SCIENCES IN PHILADELPHIA RECEIVED $1,986,307 IN GOVERNMENT GRANTS FOR THE YEAR ENDED JUNE 30, 2016. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (6 entries)
| RegionRegionTxt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| Europe (Including Iceland and Greenland) | 7 | Program Services | Relations Building | $30,075 |
| East Asia and the Pacific | 1 | Program Services | Relations Building | $5,773 |
| Sub-Saharan Africa | 1 | Program Services | Relations Building | $36,920 |
| Central America and the Caribbean | 3 | Program Services | Relations Building | $7,133 |
| South Asia | 3 | Program Services | Relations Building | $26,657 |
| Central America/Caribbean | Investments | $8,286,759 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Employees | 15 | SubtotalEmployeesCnt |
| Total Employee | 15 | TotalEmployeeCnt |
| Subtotal Spent | $8,393,317 | SubtotalSpentAmt |
| Total Spent | $8,393,317 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | INSTITUTIONAL SCHOLARSHIP AWARDED | GrantTypeTxt |
| Recipient | 2250 | RecipientCnt |
| Cash Grant | $32,599,011 | CashGrantAmt |
| Non Cash Assistance | financial aid | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Procedure for Monitoring Use of Grant Funds Inside U.S. | FormAndLineReferenceDesc |
| Explanation | Schedule I, Part I, Line 2 THE UNIVERSITY GRANT POLICY IS CONTAINED IN ALL ADMISSIONS MATERIAL, IN THE UNIVERSITY CATALOG, AND CAN ALSO BE FOUND ON THE UNIVERSITY'S WEBSITE. THE UNIVERSITY USES A MATRIX MODEL TO AWARD MERIT-BASED SCHOLARSHIPS AID AT THE TIME A STUDENT IS ADMITTED TO THE UNIVERSITY. THE AMOUNT AWARDED IS BASED ON THE STUDENT'S HIGHEST SAT OR ACT SCORES AND WEIGHTED CUMULATIVE GRADE POINT AVERAGE. ADDITIONAL FINANCIAL AID AWARDS ARE DETERMINED IN CONJUNCTION WITH A STUDENT'S ACADEMIC AND THE FAMILY'S FINANCIAL INFORMATION TO DETERMINE THE EXACT SIZE AND COMPOSITION OF THE FINAL FINANCIAL AID PACKAGES. THE TYPICAL FINANCIAL AID PACKAGE CONSISTS OF SCHOLARSHIPS, GRANTS, LOANS, AND AN OPPORTUNITY TO PARTICIPATE IN A WORK STUDY PROGRAM WHICH SUPPLEMENTS EACH FAMILY'S CONTRIBUTION TO THE TOTAL COST OF EDUCATION. THE AWARDS ARE DETERMINED BASED UPON THE RESULTS OF THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) CONTAINING INFORMATION PROVIDED BY THE STUDENT AND PARENTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (18 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| John E Vitali | ||||||||||||||
| VP Finance/CFO, end June 2016 | $255,790 | $0 | $27,500 | $0 | $708 | $0 | $20,569 | $0 | $15,142 | $0 | $319,709 | $0 | $0 | $0 |
| Heidi M Anderson | ||||||||||||||
| Provost (end 7/15) | $402,172 | $0 | $0 | $0 | $0 | $0 | $11,600 | $0 | $10,095 | $0 | $423,867 | $0 | $0 | $0 |
| Peter Berget | ||||||||||||||
| Chair of Biology | $151,015 | $0 | $2,500 | $0 | $0 | $0 | $12,270 | $0 | $19,801 | $0 | $185,586 | $0 | $0 | $0 |
| William Cunningham | ||||||||||||||
| Dean of Students | $154,795 | $0 | $2,500 | $0 | $708 | $0 | $12,800 | $0 | $19,476 | $0 | $190,279 | $0 | $0 | $0 |
| Amalia Issa | ||||||||||||||
| Chair of Health Policy | $152,947 | $0 | $2,500 | $0 | $16,047 | $0 | $12,358 | $0 | $0 | $0 | $183,852 | $0 | $0 | $0 |
| Mark Nestor | ||||||||||||||
| Chief Information Officer | $148,381 | $0 | $2,500 | $0 | $4,628 | $0 | $12,240 | $0 | $19,476 | $0 | $187,225 | $0 | $0 | $0 |
| Marvin Schulte | ||||||||||||||
| Chair Pham Sciences | $152,097 | $0 | $2,500 | $0 | $0 | $0 | $12,800 | $0 | $18,148 | $0 | $185,545 | $0 | $0 | $0 |
| Jean-Francois Jasmin | ||||||||||||||
| Associate Provost | $104,838 | $0 | $25,885 | $0 | $23,385 | $0 | $12,030 | $0 | $0 | $0 | $166,138 | $0 | $0 | $0 |
| Andrew Peterson | ||||||||||||||
| Dean, Mayes College | $192,489 | $0 | $2,500 | $0 | $0 | $0 | $16,022 | $0 | $56,573 | $0 | $267,584 | $0 | $0 | $0 |
| Lisa Lawson Gibson | ||||||||||||||
| Dean of Pharmacy | $242,685 | $0 | $2,500 | $0 | $0 | $0 | $19,200 | $0 | $0 | $0 | $264,385 | $0 | $0 | $0 |
| Cathy Poon | ||||||||||||||
| Dean of Pharm Practice | $203,980 | $0 | $2,500 | $0 | $0 | $0 | $16,088 | $0 | $6,702 | $0 | $229,270 | $0 | $0 | $0 |
| Suzanne Murphy | ||||||||||||||
| Dean, Misher College Arts/Sci | $175,132 | $0 | $2,500 | $0 | $708 | $0 | $14,400 | $0 | $15,394 | $0 | $208,134 | $0 | $0 | $0 |
| Anthony Acquavella | ||||||||||||||
| Med Dir./PA Prog Dir. | $178,043 | $0 | $2,500 | $0 | $0 | $0 | $14,222 | $0 | $6,702 | $0 | $201,467 | $0 | $0 | $0 |
| Helen Giles-Gee | ||||||||||||||
| Former President | $336,116 | $0 | $0 | $0 | $0 | $0 | $14,000 | $0 | $1,946 | $0 | $352,062 | $0 | $0 | $0 |
| Vojislva Torbica-Pophristic | ||||||||||||||
| Chair of Chemistry | $136,989 | $2,500 | $0 | $8,400 | $0 | $12,053 | $0 | $11,867 | $0 | $171,809 | $0 | $0 | $0 | |
| John Masciantonio | ||||||||||||||
| Director, Institional Tech | $133,718 | $2,500 | $924 | $11,016 | $15,394 | $163,552 | ||||||||
| Michelle Cohen | ||||||||||||||
| Dean, Health Sciences | $144,225 | $2,500 | $11,926 | $19,066 | $177,717 | $0 | ||||||||
| Laurie Sherwen | ||||||||||||||
| Dean, Health Sci (end 8/15) | $136,744 | $490 | $11,110 | $8,036 | $156,380 | $0 | ||||||||
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FIRST-CLASS OR CHARTER TRAVEL | Schedule J, Part I, Line 1a 1. THE POLICY ON AIR TRAVEL IS TO FLY COACH FOR DOMESTIC TRAVEL AND INTERNATIONAL TRAVEL LESS THAN 10 HOURS BY THE LOWEST APPLICABLE FARE ROUTING. INTERIM STOPS, CHANGE OF PLANES OR LAYOVERS LESS THAN TWO HOURS SHOULD BE CONSIDERED WHEN POTENTIAL SAVINGS IS $100.00 OR MORE. O BUSINESS CLASS TRAVEL IS PERMITTED IF THE FOLLOWING CRITERIA ARE MET: 1. IT IS AN INTERNATIONAL TRIP OF 10 HOURS OR LONGER ONE-WAY; 2. IT HAS BEEN APPROVED BY THE APPROPRIATE DEAN OR VICE PRESIDENT. O FIRST CLASS TRAVEL IS PERMITTED FOR TRAVELERS AT THE CABINET LEVEL OR HIGHER AND IF THE FOLLOWING CRITERIA ARE MET: 1. IT IS A TRIP OF 6 HOURS OR LONGER ONE-WAY AND THE TRAVELER HAS IMMEDIATE BUSINESS ONCE DEPARTING THE PLANE; 2. IT HAS BEEN APPROVED BY THE APPROPRIATE SUPERVISOR. 2. UPGRADES OR ENHANCEMENTS ARE NOT REIMBURSED. 3. THE EXECUTIVES MAY MAKE AIR AND OTHER TRAVEL ARRANGEMENTS THROUGH THEIR RESPECTIVE UNIVERSITY OFFICES. EVERY ATTEMPT SHOULD BE MADE TO ACQUIRE ADVANCED PURCHASE TICKETS. WHEN IT IS NECESSARY TO CHANGE AN ADVANCED PURCHASED TICKET, CHANGE FEES AND ADDITIONAL SERVICE CHARGES ARE REIMBURSABLE. 4. TAX GROSS UP PAYMENTS ARE MADE WHEN APPLICABLE. |
| Severance Payments | Schedule J, Part I, Line 4a The following individuals received severance payments for 2015: Heidi M. Anderson $260,000 Helen Giles-Gee $336,116* *The University disclosed the above severence amount for Ms. Giles-Gee on the 2014 Form 990, Schedule J, Part III, supplemental information, however, the amount was paid and reported to Ms. Giles-Gee during calendar year 2015. The 2014 and 2015 Form 990, Part VII and Schedule J, Part II appropriately report calendar year reportable compensation for the respective years. |
| Non-fixed Payments | Schedule J, Part I, Line 7 All bonus payments were fixed in calendar year 2015. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| PHILADELPHIA HIGHER EDUCATION FINANCING AUTHORITY | ||||||||
| A | 232243852 | 70917RQY2 | 2012-09-12 | $31,000,000 | IPEX Building | false | false | false |
| PHILADELPHIA HIGHER EDUCATION FINANCING AUTHORITY | ||||||||
| B | 232243852 | 70917RQY2 | 2015-02-20 | $83,760,000 | Redeem 2005 and 2008 bonds | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $0 | $0 | $32,571,510 | $0 | $2,303,238 | $0 | $407,138 | $0 | $0 | $29,861,134 | $0 | $0 | 2014 | false | false | Yes (true) | Yes (true) |
| B | $0 | $0 | $95,361,757 | $0 | $0 | $94,577,275 | $784,482 | $0 | $0 | $0 | $0 | $0 | 2015 | Yes (true) | Yes (true) | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd | Any Research AgreementsAnyResearchAgreementsInd | Engage Bond Counsel ResearchEngageBondCounselResearchInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Remedial Action TakenRemedialActionTakenInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd | Total Private Business UseTotalPrivateBusinessUsePct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | Yes (true) | false | Yes (true) | 0 | false | false | false | Yes (true) | |
| B | false | Yes (true) | false | Yes (true) | false | 0.00510 | false | false | false | Yes (true) | 0.00510 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Business Name Line1GICProviderName/BusinessNameLine1Txt | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | ||||||||||
| A | false | Yes (true) | false | false | false | false | false | 0 | false | Yes (true) |
| 0 | ||||||||||
| B | false | Yes (true) | false | false | false | false | false | 0 | false | Yes (true) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Family Relationships | Form 990, Part VI, Line 2 Carla Hendricks and Andrew Ferarra have a family relationship. Form 990 Review Process Form 990, Part VI, Line 11b The 990 is prepared by outside independent tax advisors and reviewed by the university. It is reviewed by the audit committee. It is made available to the Board of Trustees prior to the filing deadline. |
| Conflict of Interest Policy Monitoring & Enforcement | Form 990, Part VI, Line 12c The Board of Trustees, officers and key employees of the university, by virtue of their offices, have a fiduciary relationship with the university which requires that they act in good faith and with fidelity to the university's best interests. The university has written conflict of interest policies which are intended to permit the university and its trustees, officers and other key employees to identify, evaluate and address any conflict of interest that might call into question this fiduciary duty to the university. Each trustee, officer and key employee is required to report any conflicts of interest to the university as soon as practical after they become aware of such a conflict. Each trustee, officer and key employee shall also annually complete a conflict of interest questionnaire. The university monitors compliance with its conflict of interest policies by review of the annual conflict of interest questionnaires by the office of the president. If conflicts of interest exist for officers and key employees, the audit committee of the board of trustees is notified and determines the corrective measure, if any, to be taken to resolve the conflict, or will impose appropriate restrictions, if any on the person with the conlict. For conflicts of interest involving the trustees, the audit committee of the Board of Trustees will be notified of the conflict and will recommend to the executive committee of the board of trustees the corrective measure, if any, to the taken to resolve the conflict or appropriate restrictions, if any to be imposed on the person with the conflict. The Executive Committee of the Board of Trustees, excluding such conflicted person, has the final approval of any recommended corrective measures or imposed restrictions. Such restrictions require excluding confliced persons from discussion and approval of transactoins benefitting them, directly or indirectly. |
| Process for Determining Compensation | Form 990, Part VI, Line 15a Purpose - to establish the parameters regarding executive compensation, with the objective of providing total compensation to the president and his executive leadership team which will serve to maintain a competitive market position and recognize the achievement of established financial, quality and strategic goals for the university and to recognize individual performance, consistent with the laws, regulations and principles governing non-profit compensation. As used herein, "executives" shall be the president's executive leadership team. Procedure - to establish a level of compensation required to recruit and retain executives, the university shall give primary consideration to data on executive compensation for comparable positions. As a general rule, "comparable positions" are those like positions within higher education that are similar to the university in terms of revenue, number of students, size of endowment, number of employees and/or geographic area. The executive committee of the university board of trustees (executive committee) shall approve the president's compensation, including without limitation, base compensation, incentive compensation, deferred compensation, fringe and other benefits. Each executive committee member voting on the president's compensation arrangement shall ensure that (s)he has no conflict of interest, including that (s)he (a) does not economically benefit from proposed employee; (b) does not receive compensation subject to the approval of the proposed employee; and (c) has no material financial interest affected by the transaction. The decisions of the executive committee regarding the president's compensation and the decisions of the president regarding the executives compensation is to be documented. This process was last undertaken in 2012. |
| Process for Determining Compensation | Form 990, Part VI, Line 15b THE PRESIDENT SHALL APPROVE ALL EXECUTIVE COMPENSATION FOR THE EXECUTIVE LEADERSHIP TEAM, WHICH SHALL INCLUDE ALL COMPENSATION COMPONENTS, INCLUDING WITHOUT LIMITATION, BASE COMPENSATION, INCENTIVE COMPENSATION, DEFERRED COMPENSATION, FRINGE AND OTHER BENEFITS. THE PRESIDENT AND THE EXECUTIVE COMMITTEE SHALL USE COMPARABILITY DATA PROVIDED BY THE UNIVERSITY'S HUMAN RESOURCES DEPARTMENT, WHICH MAY INCLUDE INDUSTRY SURVEYS, EXPERT COMPENSATION STUDIES, DOCUMENTED COMPENSATION OF PERSONS HOLDING SIMILAR POSITIONS, OR OTHER COMPARABLE DATA IN APPROVING ANY COMPENSATION CHANGES. THE PRESIDENT AND THE EXECUTIVE COMMITTEE SHALL PERIODICALLY RETAIN THE SERVICES OF A COMPENSATION CONSULTANT TO PROVIDE AN EXTERNAL ASSESSMENT OF THE UNIVERSITY'S COMPENSATION ANALYSIS. IT SHOULD BE NOTED THAT THIS INFORMATION IS USED TO ARRIVE AT A REASONABLE AND ARM'S LENGTH DETERMINATION OF TOTAL COMPENSATION. |
| How Documents are Made Available to the Public | Form 990, Part VI, Line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available to the public by posting the information on the organization's website. |
| Reconcilation of net assets and fund balances | Form 990, part XI, line 9 Annuity Adjustment $ (18,800) Change in Pension Cost 6,254 ---------- Total Other Changes in Net Assets $ (12,546) ========== |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| KINGSESSING REALTY LLC | |||||||||
| 600 SOUTH 43RD STREET | PHILADELPHIA | PA | 19104 | 233067213 | Real Estate | PA | $27,854 | $2,340,869 | Usciences |
| 4605 Chester Realty LLC | |||||||||
| 600 SOUTH 43RD STREET | PHILADELPHIA | PA | 19104 | Inactive | PA | $0 | $0 | Usciences | |
| 4107 Chester Realty LLC | |||||||||
| 600 SOUTH 43RD STREET | PHILADELPHIA | PA | 19104 | Inactive | PA | $0 | $0 | Usciences | |
| 4203 Chester Realty LLC | |||||||||
| 600 SOUTH 43RD STREET | PHILADELPHIA | PA | 19104 | Inactive | PA | $0 | $0 | Usciences | |
| 4300 Chester Realty LLC | |||||||||
| 600 SOUTH 43RD STREET | PHILADELPHIA | PA | 19104 | Inactive | PA | $0 | $0 | Usciences | |