GARDNER-WEBB UNIVERSITY: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- GARDNER-WEBB UNIVERSITY (EIN 56-0529972)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2016-11-03
- IRS object ID
- 201613089349302451
- Schema version
- 2015v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-03T16:08:04-05:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 560574444 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERRY BEKAERT LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1111 Metropolitan Ave Ste 1000 | AddressLine1Txt |
| City | Charlotte | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 560529972 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GARDNER-WEBB UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GARD | BusinessNameControlTxt |
| Phone | 7044064282 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | POST OFFICE BOX 997 | AddressLine1Txt |
| City | BOILING SPRINGS | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28017 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | mike w hardin | PersonNm |
| Person Title | vp administration/finance | PersonTitleTxt |
| Phone | 7044064282 | PhoneNum |
| Signature | 2016-11-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Kellianne F Benson | PreparerPersonNm |
| PTIN | P01345659 | PTIN |
| Phone | 7043771678 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | a frank bonner | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | POST OFFICE BOX 997 | AddressLine1Txt |
| City | BOILING SPRINGS | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $100,051,371 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.GARDNER-WEBB.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1905 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | Gardner-Webb University, a private, Christian, Baptist-related university, provides outstanding undergraduate and graduate education that is strongly grounded in the liberal arts while offering opportunities to prepare for various professions. Fostering meaningful intellectual thought, critical analysis, and spiritual challenge within a diverse community of learning, Gardner-Webb is dedicated to higher education that integrates scholarship with Christian life. By embracing faith and intellectual freedom, balancing conviction with compassion, and inspiring a love of learning, service, and leadership, Gardner-Webb prepares its graduates to make significant contributions for God and humanity in an ever-changing global community. | ActivityOrMissionDesc |
| Voting Members Governing Body | 45 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 44 | VotingMembersIndependentCnt |
| Total Employee | 1684 | TotalEmployeeCnt |
| Total Volunteers | 45 | TotalVolunteersCnt |
| Total Gross UBI | $130,900 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $72,903 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $5,958,188 | PYContributionsGrantsAmt |
| CY Contributions Grants | $7,284,399 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $66,572,885 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $69,129,768 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,201,087 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,582,260 | CYInvestmentIncomeAmt |
| PY Other Revenue | $9,045,771 | PYOtherRevenueAmt |
| CY Other Revenue | $9,357,064 | CYOtherRevenueAmt |
| PY Total Revenue | $83,777,931 | PYTotalRevenueAmt |
| CY Total Revenue | $88,353,491 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $24,745,315 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $27,778,169 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $37,242,712 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $38,274,055 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,362,916 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $18,907,435 | PYOtherExpensesAmt |
| CY Other Expenses | $19,551,558 | CYOtherExpensesAmt |
| PY Total Expenses | $80,895,462 | PYTotalExpensesAmt |
| CY Total Expenses | $85,603,782 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,882,469 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,749,709 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $159,462,122 | TotalAssetsBOYAmt |
| Total Assets EOY | $157,106,807 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $44,845,985 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $41,510,518 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $114,616,137 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $115,596,289 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE UNIVERSITY STATEMENT OF VALUES CONSIST OF CHRISTIAN HERITAGE, BAPTIST HERITAGE, ACADEMIC EXCELLENCE, LIBERAL ARTS, TEAMWORK, a student centered focus, community engagement and diversity. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $46,269,357 | ExpenseAmt |
| Revenue | $69,129,768 | RevenueAmt |
| Desc | Instructional costs: The primary goal of GWU is to provide education to students. The University offers undergraduate, graduate and doctoral degrees. The University enrolled approximately 4,500 students during 2015-2016. Tuition and fee revenue is used to provide salaries for faculty and staff to provide teaching and support services to students. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $27,778,169 | ExpenseAmt |
| Grant | $27,778,169 | GrantAmt |
| Revenue | $2,685,355 | RevenueAmt |
| Desc | THE UNIVERSITY AWARDED APPROXIMATELY $28M IN UNIVERSITY GRANTS DURING THE '15-16 YEAR. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $74,047,526 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | Yes (1) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (1) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 202 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1684 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 45 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 44 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MIke W HARDIN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7044064282 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 s main street/webb hall | AddressLine1Txt |
| City | BOILING SPRings | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28017 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (53 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| Mr Sam H McMahon Jr | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr Robert W Yelton | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Dr Ralph L Bentley | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr Grady S Duncan | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Dr Philip E Turner | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr Steve M Simpson | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Dr H Gene Washburn | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Dr Carole Roberts - Carvajal | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr Thomas H Watson Jr | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr Ronald W Hawkins | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr Ryan D Hendley | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr George R Gilliam | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr David C Brinkley | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr W Thomas Bell | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr Bob D Shepherd | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr christopher L Welch | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Dr Thomas L Warren | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr Maurice York | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mrs Candace J Arey | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mrs Teresa H Huggins | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr Tony Robbins | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr Thomas E Philson | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr David W Royster | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Dr William W Leathers III | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr J Jackson Hunt | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr J Linton Suttle III | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr James E Robbins | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr Robert Cribb | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr Don L Yelton | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr Anthony N Strange | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr Rodney B Allison | |||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Rev Tony Tench | |||||||
| Chair, Stdnt Affairs ('15)&('16) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr Wes W Barkley | |||||||
| Chair, Intercollegiate Ath ('15 & '16) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Dr Stanley W Spence | |||||||
| Chair, Enrollment Management ('15) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr Ronald R Beane | |||||||
| Chair, Educational Affairs ('16) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Dr C Lorance Henderson | |||||||
| Chair, Edu. Affairs ('15), Ch. Divinity Sch ('16) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Dr R Alton Cadenhead | |||||||
| Chair, Divinity School ('15) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr Dennis R Axelson | |||||||
| Chair ('15), Immediate past chair ('16) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr Franklin V Beam | |||||||
| Chair ('15), Development Committee ('15 & '16) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr William K Gary | |||||||
| Chair, Enrollment Management ('16) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr C Neal Alexander Jr | |||||||
| Vice Chair | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr Max J Hamrick | |||||||
| Board Sec. (15&'16), Chair, Fin. Affairs ('15&'16) | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Mr Frank A Stewart | |||||||
| Chair ('16) | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Ms Lisa C Tucker | |||||||
| Board Treasurer ('16) | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Mr Randall Marion | |||||||
| Board Treasurer ('15) | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Benjamin C Leslie | |||||||
| Provost and Senior Vice Pr | 40.00 | $155,864 | $0 | $28,080 | Yes (X) | ||
| Arnold Frank Bonner | |||||||
| President | 40.00 | $354,674 | $0 | $35,344 | Yes (X) | ||
| Mike W Hardin | |||||||
| VP for Administration and finance | 40.00 | $155,294 | $0 | $73,121 | Yes (X) | ||
| Charles Burch | |||||||
| VP for Athletics | 40.00 | $131,222 | $0 | $32,518 | Yes (X) | ||
| Sydney K Brown | |||||||
| Professor of Education | 40.00 | $150,725 | $0 | $16,625 | Yes (X) | ||
| Allen Douglas Eury | |||||||
| Prof of Education; Associate dean, sch of ed | 40.00 | $167,814 | $0 | $7,642 | Yes (X) | ||
| Felice Policastro | |||||||
| Associate Professor of Int. business | 40.00 | $140,901 | $0 | $55,432 | Yes (X) | ||
| Patrick W Wagner | |||||||
| VP For Advancement | 40.00 | $156,647 | $0 | $31,826 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,413,141 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $280,588 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 43 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Sodexo | |||||
| PO Box 536922 | Atlanta | GA | 30353 | Cafeteria Services | $3,766,164 |
| Rodgers Builders | |||||
| PO Box 18446 | Charlotte | NC | 28218 | Construction Services | $2,918,574 |
| K12 Teachers Alliance | |||||
| 20624 Abbey Woods Court North | Frankfort | IL | 60423 | Recruiting Services | $1,590,698 |
| Clark Ledbetter | |||||
| 1806 Gaffney Road | Shelby | NC | 28152 | Construction Services | $1,124,579 |
| Cleveland Acoustics & Drywall | |||||
| 731 Skinner Road | Shelby | NC | 28152 | Construction Services | $230,925 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 10 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $440,826 | GovernmentGrantsAmt |
| All Other Contributions | $6,843,573 | AllOtherContributionsAmt |
| Noncash Contributions | $2,066,166 | NoncashContributionsAmt |
| Total Contributions | $7,284,399 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TUITION AND FEES | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $69,129,768 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $69,129,768 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $69,129,768 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,998,205 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$7 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,998,212 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,112,431 | SecuritiesAmt |
| Other | $101,234 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,624,794 | SecuritiesAmt |
| Other | $4,816 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $487,637 | SecuritiesAmt |
| Other | $96,418 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $584,055 | TotalRevenueColumnAmt |
| Exclusion | $584,055 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $15,609,072 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $9,068,270 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,540,802 | TotalRevenueColumnAmt |
| Exclusion | $6,540,802 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Business | 532000 | BusinessCd |
| Total Revenue Column | $2,816,262 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,685,355 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $130,907 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,816,262 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $88,353,491 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $71,815,123 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $130,900 | UnrelatedBusinessRevenueAmt |
| Exclusion | $9,123,069 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,778,169 | TotalAmt |
| Program Services | $27,778,169 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $665,832 | TotalAmt |
| Management And General | $665,832 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,568,861 | TotalAmt |
| Program Services | $24,837,710 | ProgramServicesAmt |
| Management And General | $3,897,157 | ManagementAndGeneralAmt |
| Fundraising | $833,994 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,517,171 | TotalAmt |
| Program Services | $1,246,351 | ProgramServicesAmt |
| Management And General | $228,970 | ManagementAndGeneralAmt |
| Fundraising | $41,850 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,405,328 | TotalAmt |
| Program Services | $3,618,965 | ProgramServicesAmt |
| Management And General | $664,848 | ManagementAndGeneralAmt |
| Fundraising | $121,515 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,116,863 | TotalAmt |
| Program Services | $1,738,996 | ProgramServicesAmt |
| Management And General | $319,475 | ManagementAndGeneralAmt |
| Fundraising | $58,392 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $122,622 | TotalAmt |
| Management And General | $122,622 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $126,718 | TotalAmt |
| Management And General | $126,718 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $217,751 | TotalAmt |
| Program Services | $83,035 | ProgramServicesAmt |
| Management And General | $134,716 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $582,267 | TotalAmt |
| Program Services | $304,429 | ProgramServicesAmt |
| Management And General | $277,838 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,625,627 | TotalAmt |
| Program Services | $1,272,001 | ProgramServicesAmt |
| Management And General | $353,626 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $744,162 | TotalAmt |
| Program Services | $60,829 | ProgramServicesAmt |
| Management And General | $683,333 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,709,721 | TotalAmt |
| Program Services | $1,644,410 | ProgramServicesAmt |
| Management And General | $47,384 | ManagementAndGeneralAmt |
| Fundraising | $17,927 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,074,745 | TotalAmt |
| Program Services | $1,922,192 | ProgramServicesAmt |
| Management And General | $152,553 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $560,253 | TotalAmt |
| Program Services | $362,833 | ProgramServicesAmt |
| Management And General | $197,420 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $867,604 | TotalAmt |
| Program Services | $715,291 | ProgramServicesAmt |
| Management And General | $76,280 | ManagementAndGeneralAmt |
| Fundraising | $76,033 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,590,466 | TotalAmt |
| Program Services | $3,453,310 | ProgramServicesAmt |
| Management And General | $99,508 | ManagementAndGeneralAmt |
| Fundraising | $37,648 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $869,290 | TotalAmt |
| Program Services | $33,006 | ProgramServicesAmt |
| Management And General | $836,284 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER STUDENT SERVICES | Desc |
| Total | $6,460,332 | TotalAmt |
| Program Services | $4,975,999 | ProgramServicesAmt |
| Management And General | $1,308,776 | ManagementAndGeneralAmt |
| Fundraising | $175,557 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $85,603,782 | TotalAmt |
| Program Services | $74,047,526 | ProgramServicesAmt |
| Management And General | $10,193,340 | ManagementAndGeneralAmt |
| Fundraising | $1,362,916 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,932,017 | BOYAmt |
| EOY | $21,277,539 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,187,127 | BOYAmt |
| EOY | $2,812,768 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,202,981 | BOYAmt |
| EOY | $842,532 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,322,361 | BOYAmt |
| EOY | $4,017,905 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $757,515 | BOYAmt |
| EOY | $895,510 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $861,577 | BOYAmt |
| EOY | $1,007,746 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $130,798,930 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $66,959,469 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,356,459 | BOYAmt |
| EOY | $63,839,461 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,875,121 | BOYAmt |
| EOY | $59,869,436 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,460,539 | BOYAmt |
| EOY | $2,038,539 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $506,425 | BOYAmt |
| EOY | $505,371 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $159,462,122 | BOYAmt |
| EOY | $157,106,807 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,336,480 | BOYAmt |
| EOY | $4,038,833 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,573,064 | BOYAmt |
| EOY | $2,601,934 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,042,269 | BOYAmt |
| EOY | $3,658,837 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,613,129 | BOYAmt |
| EOY | $30,274,076 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,281,043 | BOYAmt |
| EOY | $936,838 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,845,985 | BOYAmt |
| EOY | $41,510,518 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,555,707 | BOYAmt |
| EOY | $58,182,467 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,200,397 | BOYAmt |
| EOY | $17,855,718 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,860,033 | BOYAmt |
| EOY | $39,558,104 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $114,616,137 | BOYAmt |
| EOY | $115,596,289 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $159,462,122 | BOYAmt |
| EOY | $157,106,807 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $2,749,709 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$2,068,928 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $299,371 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $59,894,815 | BeginningYearBalanceAmt |
| Contributions | $2,254,132 | ContributionsAmt |
| Investment Earnings Or Losses | -$17,314 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $2,576,333 | AdministrativeExpensesAmt |
| End Year Balance | $59,555,300 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $61,542,216 | BeginningYearBalanceAmt |
| Contributions | $1,023,841 | ContributionsAmt |
| Investment Earnings Or Losses | -$69,247 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $2,601,995 | AdministrativeExpensesAmt |
| End Year Balance | $59,894,815 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $54,149,620 | BeginningYearBalanceAmt |
| Contributions | $1,237,570 | ContributionsAmt |
| Investment Earnings Or Losses | $8,697,324 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $2,542,298 | AdministrativeExpensesAmt |
| End Year Balance | $61,542,216 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $49,649,199 | BeginningYearBalanceAmt |
| Contributions | $903,253 | ContributionsAmt |
| Investment Earnings Or Losses | $5,760,891 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $2,163,723 | AdministrativeExpensesAmt |
| End Year Balance | $54,149,620 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $47,733,137 | BeginningYearBalanceAmt |
| Contributions | $2,458,268 | ContributionsAmt |
| Investment Earnings Or Losses | -$124,407 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $417,799 | AdministrativeExpensesAmt |
| End Year Balance | $49,649,199 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.11700 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.25040 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.63260 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,122,156 | OtherCostOrOtherBasisAmt |
| Book Value | $11,122,156 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $92,683,989 | OtherCostOrOtherBasisAmt |
| Depreciation | $39,951,040 | DepreciationAmt |
| Book Value | $52,732,949 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $26,992,785 | OtherCostOrOtherBasisAmt |
| Depreciation | $27,008,429 | DepreciationAmt |
| Book Value | -$15,644 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $63,839,461 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (5 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| MONEY MARKET FUNDs & time deposits | $182,781 | F |
| MUTUAL FUNDS - fixed income | $18,408,160 | F |
| mutuAL FUNDS - equities | $21,483,643 | F |
| equity securities | $6,362,706 | F |
| ALTERNATIVE INVESTMENT | $13,432,146 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $59,869,436 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| ANNUITIES PAYABLE | $43,240 |
| CONSTRUCTION COSTS PAYABLE | $82,570 |
| due to agencies | $811,028 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $936,838 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $67,874,040 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$2,068,924 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$27,478,797 | OtherRevenueAmt |
| Revenue Not Reported | -$29,547,721 | RevenueNotReportedAmt |
| Revenue Subtotal | $97,421,761 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$9,068,270 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$9,068,270 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $88,353,491 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $66,893,883 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $9,068,270 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $9,068,270 | ExpensesNotReportedAmt |
| Expenses Subtotal | $57,825,613 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $27,778,169 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $27,778,169 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $85,603,782 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III, Line 4: | these assets are held for possible future sale, of part or all of the collection, with the proceeds to be used to fund educational programs of the University. |
| Part V, Line 4: | THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 547 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES AND INCLUDES PERMANENTLY RESTRICTED DONOR GIFTS AS PART OF IRREVOCABLE TRUST AND ANNUITY GIFTS. The endowments are used to fund student scholarships, academic programs, and academic enhancement activities such as travel. |
| Part X, Line 2: | THE UNIVERSITY IS EXEMPT FROM FEDERAL AND STATE INCOME TAXATION UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"). IN ACCORDANCE WITH IRC REGULATIONS, THE UNIVERSITY IS TAXED ON UNRELATED BUSINESS INCOME, WHICH CONSISTS OF EARNINGS FROM ACTIVITIES NOT RELATED TO THE EXEMPT PURPOSE OF THE UNIVERSITY. THE UNIVERSITY ACCOUNTS FOR TAX UNCERTAINTIES BASED ON A MORE LIKELY THAN NOT RECOGNITION THRESHOLD WHEREBY TAX BENEFITS ARE ONLY RECOGNIZED WHEN THE UNIVERSITY BELIEVES THAT THEY HAVE A GREATER THAN 50% LIKELIHOOD OF BEING SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE UNIVERSITY HAS EVALUATED ALL TAX POSITIONS AND DETERMINED THAT IT HAS NO UNCERTAIN INCOME TAX POSITIONS AS OF JUNE 30, 2016 AND 2015. |
| Part XI, Line 2d - Other Adjustments: | TUITION DISCOUNTS REDUCING TUITION INCOME -27,778,169. other non-operating charges on financials not on 990 299,372. |
| Part XI, Line 4b - Other Adjustments: | COST OF GOODS SOLD -9,068,270. |
| Part XII, Line 2d - Other Adjustments: | COST OF GOODS SOLD 9,068,270. |
| Part XII, Line 4b - Other Adjustments: | TUITION DISCOUNTS REDUCING TUITION INCOME 27,778,169. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 | racially nondiscriminatory policy statement is included in college brochure used in recruitment process. |
| Schedule E, Part I, Line 6 | THE UNIVERSITY RECEIVED STUDENT FINANCIAL AID GRANTS FROM THE U.S. DEPARTMENT OF EDUCATION AND THE NC STATE EDUCATION ASSISTANCE AUTHORITY. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| academic scholarships | 1397 | $13,947,083 |
| athletic scholarships | 467 | $7,380,223 |
| other scholarships | 1057 | $4,625,938 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | Gardner-Webb University practices a yearly review (at the end of the Spring Semester) to monitor all students awarded an Institutional Scholarship based on the following criteria: 1) enrollment status 2) housing status 3) GPA 4) maintaining Satisfactory Academic Progress in accordance with the University's policy. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Benjamin C Leslie | ||||||||||||||
| Provost and Senior Vice Pr | $155,864 | $0 | $0 | $0 | $0 | $0 | $13,060 | $0 | $15,020 | $0 | $183,944 | $0 | $0 | $0 |
| Arnold Frank Bonner | ||||||||||||||
| President | $354,674 | $0 | $0 | $0 | $0 | $0 | $26,960 | $0 | $8,384 | $0 | $390,018 | $0 | $0 | $0 |
| Mike W Hardin | ||||||||||||||
| VP for Administration and finance | $155,294 | $0 | $0 | $0 | $0 | $0 | $13,060 | $0 | $60,061 | $0 | $228,415 | $0 | $0 | $0 |
| Charles Burch | ||||||||||||||
| VP for Athletics | $131,222 | $0 | $0 | $0 | $0 | $0 | $10,940 | $0 | $21,578 | $0 | $163,740 | $0 | $0 | $0 |
| Sydney K Brown | ||||||||||||||
| Professor of Education | $150,725 | $0 | $0 | $0 | $0 | $0 | $4,838 | $0 | $11,787 | $0 | $167,350 | $0 | $0 | $0 |
| Allen Douglas Eury | ||||||||||||||
| Prof of Education; Associate dean, s | $167,814 | $0 | $0 | $0 | $0 | $0 | $7,601 | $0 | $41 | $0 | $175,456 | $0 | $0 | $0 |
| Felice Policastro | ||||||||||||||
| Associate Professor of Int. business | $140,901 | $0 | $0 | $0 | $0 | $0 | $7,890 | $0 | $47,542 | $0 | $196,333 | $0 | $0 | $0 |
| Patrick W Wagner | ||||||||||||||
| VP For Advancement | $156,647 | $0 | $0 | $0 | $0 | $0 | $12,000 | $0 | $19,826 | $0 | $188,473 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 1a | FormAndLineReferenceDesc |
| Explanation | Two employees have a country club membership exclusively for business purposes, such as meetings with friends of the University | ExplanationTxt |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash Grant | $67,951 | CashGrantAmt |
| Type Of Assistance | TUITION REMISSION BASED ON SAME CRITERIA AS OTHER EMPLOYEES | TypeOfAssistanceTxt |
| Assistance Purpose | TUITION REMISSION FOR INTERESTED PERSONS | AssistancePurposeTxt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MAXWELL B HAMRICK INSURANCE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | partiaL owner of maxwell b hamrick insurance teresa huggins is on the board | RelationshipDescriptionTxt |
| Transaction | $836,184 | TransactionAmt |
| Transaction | The University purchased insurance through Maxwell B. Hamrick Insurance company. all transactions were at fair market value and negotitated at arm's length | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 5 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,478,476 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Real Estate Residential RealEstateResidentialGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $578,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | fmv | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | Software | Desc |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $9,690 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 2 | Don Yelton and Robert Yelton are brothers. |
| Form 990, Part VI, Section B, line 11 | Gardner-Webb University's Board of Trustees has delegated responsibility over compliance with laws and regulations, including Form 990, to the Audit Committee of the Board of Trustees. A draft of Form 990 will be presented to and reviewed by the Audit Committee. After acceptance by the Audit Committee, a copy of Form 990 will be distributed to the Full Board and the audit firm will be given the authority to complete the filing of Form 990. |
| Form 990, Part VI, Section B, line 12c | All Trustees shall disclose to the Board any possible conflict of interest at the earliest practicable time. No Trustee shall vote on any matter, under consideration at a Board or committee meeting, in which such Trustee has a conflict of interest. The minutes of said meeting shall reflect that a disclosure was made and that the Trustee having a conflict of interest abstained from voting. Any Trustee who is uncertain whether a conflict of interest may exist in any matter may request the Board or committee to resolve the questions by majority vote. |
| Form 990, Part VI, Section B, line 15 | The Personnel and Compensation Committee shall be comprised of the Chairman of the Board, the Vice Chairman, the immediate Past Chairman, the Chairman of the Financial Affairs Committee, and one trustee appointed by the Chairman of the Board. The Committee recommends to the Board the President's compensation, advises the President, approves senior staff compensation, and serves as a PERSONNEL COMMITTEE FOR THE NEEDS OF THE PRESIDENT. The Compensation Committee is provided a copy of a Salary Comparison by NCICU so they can compare President's and key employees' salaries. all deliberations and decisions are documented in the committee minutes. |
| Form 990, Part VI, Section C, line 19 | the governing documents, conflict of interest policy and financial statements are available to the public upon request. |
| Form 990, Part XI, line 9: | other non-operating charges 396,914. Loss on Sale of Assets -97,543. |
| FORM 990, PART XI, LINE 2C | The Audit Committee shall assist the Board of Trustees in fulfilling the oversight responsibilities for the financial reporting process, the system of internal control, the audit process, and the company's process for monitoring compliance with laws and regulations. The Audit Committee accepts audits on behalf of the Board of Trustees and presents audit reports to the full Board. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARITABLE REMAINDER TRUST (15) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | INVESTMENTS | PrimaryActivitiesTxt |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Entity Type | T | EntityTypeTxt |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |