2016-11-10T10:23:58-06:00 2016-06-30 541149263 YOUNT HYDE & BARBOUR PC PO BOX 2560 WINCHESTER VA 226041760 990 2015-07-01 541919810 PATRICK HENRY COLLEGE PATR 5404418000 TEN PATRICK HENRY CIRCLE PURCELLVILLE VA 201323198 N DARYL WOLKING CFO 5404418000 2016-11-10 1 OLIVIA A HUTTON CPA P00964688 5406623417 2015 2017-02-10 21:41:12Z N DARYL WOLKING TEN PATRICK HENRY CIRCLE PURCELLVILLE VA 20132 15745932 0 X WWW.PHC.EDU X 1998 VA THE MISSION OF PATRICK HENRY COLLEGE IS TO PREPARE CHRISTIAN MEN AND WOMEN WHO WILL LEAD OUR NATION AND SHAPE OUR CULTURE WITH TIMELESS BIBLICAL VALUES AND FIDELITY TO THE SPIRIT OF THE AMERICAN FOUNDING. EDUCATING STUDENTS ACCORDING TO A CLASSICAL LIBERAL ARTS CURRICULUM AND TRAINING THEM WITH APPRENTICESHIP METHODOLOGY, THE COLLEGE PROVIDES ACADEMICALLY EXCELLENT BACCALAUREATE LEVEL HIGHER EDUCATION WITH A BIBLICAL WORLDVIEW.THE VISION OF PATRICK HENRY COLLEGE IS TO AID IN THE TRANSFORMATION OF AMERICAN SOCIETY BY TRAINING CHRISTIAN STUDENTS TO SERVE GOD AND MANKIND WITH A PASSION FOR RIGHTEOUSNESS, JUSTICE, AND MERCY, THROUGH CAREERS OF PUBLIC SERVICE AND CULTURAL INFLUENCE. 17 15 373 0 0 0 2723626 3466797 11423899 10639376 205529 296659 553137 593557 14906191 14996389 3215157 3065340 0 0 8205406 7096137 0 0 813095 5652826 5604928 17073389 15766405 -2167198 -770016 44272379 45701065 4928708 7466090 39343671 38234975 X SEE SCHEDULE OTHE MISSION OF PATRICK HENRY COLLEGE IS TO PREPARE CHRISTIAN MEN AND WOMEN WHO WILL LEAD OUR NATION AND SHAPE OUR CULTURE WITH TIMELESS BIBLICAL VALUES AND FIDELITY TO THE SPIRIT OF THE AMERICAN FOUNDING. EDUCATING STUDENTS ACCORDING TO A CLASSICAL LIBERAL ARTS CURRICULUM AND TRAINING THEM WITH APPRENTICESHIP METHODOLOGY, THE COLLEGE PROVIDES ACADEMICALLY EXCELLENT BACCALAUREATE LEVEL HIGHER EDUCATION WITH A BIBLICAL WORLDVIEW.THE VISION OF PATRICK HENRY COLLEGE IS TO AID IN THE TRANSFORMATION OF AMERICAN SOCIETY BY TRAINING CHRISTIAN STUDENTS TO SERVE GOD AND MANKIND WITH A PASSION FOR RIGHTEOUSNESS, JUSTICE, AND MERCY, THROUGH CAREERS OF PUBLIC SERVICE AND CULTURAL INFLUENCE. 0 0 13085714 3065340 11127213 THE COLLEGE HAS BEEN GRANTED ACCREDITED STATUS FROM THE TRANSNATIONAL ASSOCIATION OF CHRISTIAN COLLEGES (TRACS). THE COLLEGE HAS BEEN AWARDED THE AUTHORITY TO GRANT DEGREES BY THE STATE COUNCIL OF HIGHER EDUCATION OF VIRGINIA (SCHEV). TOTAL DEGREE SEEKING STUDENT POPULATION: 263. TOTAL STUDENTS WHO HAVE GRADUATED:805. 13085714 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 0 0 0 0 1 1 0 0 0 1 56 0 1 373 1 0 0 0 0 0 0 0 0 0 0 X 17 15 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CO KY MD NH NY OR SC VA HI X N DARYL WOLKING 5404418002 TEN PATRICK HENRY CIRCLE PURCELLVILLE VA 201323198 JACK HAYE PRESIDENT 40.00 X X 94152 0 7314 GEORGE W CLAY VICE CHAIRMAN OF THE BOARD 1.00 X X 0 0 0 PAUL DE PREE TRUSTEE 1.00 X 0 0 0 J VICTOR THOMPSON TRUSTEE 1.00 X 0 0 0 MICHAEL P FARRIS CHANCELLOR 20.00 1.00 X X 128068 0 5123 RAMON ARDIZZONE TRUSTEE 1.00 X 0 0 0 MARIAN FREELAND TRUSTEE 1.00 X 0 0 0 DAVID HOSELTON TRUSTEE 1.00 X 0 0 0 JAMES LEININGER TRUSTEE 1.00 X 0 0 0 RUSSELL PULLIAM TRUSTEE 1.00 X 0 0 0 DAVID SHANAHAN TRUSTEE 1.00 X 0 0 0 J MICHAEL SMITH TRUSTEE 1.00 X 0 0 0 MIKE WRIGHT CHAIRMAN OF THE BOARD 1.00 X X 0 0 0 CLIFF VRIELINK TRUSTEE 1.00 X 0 0 0 GARY DOWNING TRUSTEE 1.00 X 0 0 0 HOWARD SCHMIDT TRUSTEE 1.00 X 0 0 0 COLIN STEWART TRUSTEE 1.00 X 0 0 0 GENE E VEITH PROVOST 40.00 X 127367 0 15484 CARL SCHREIBER EXECUTIVE VICE PRESIDENT 40.00 X 201687 0 28038 DARYL WOLKING CHIEF FINANCIAL OFFICER 40.00 X 122069 0 29205 THOMAS ZIEMNICK VP FOR ADVANCEMENT 40.00 X 129798 0 27343 FRANK GULIUZZA DEAN OF ACADEMIC AFFAIRS 40.00 X 107303 0 14890 MARK MITCHELL CHAIRMAN OF THE DEPT OF GO 40.00 X 101673 0 27442 EARL HALL FORMER VP FOR CAMPUS SERVICES 40.00 X 111499 0 20114 1123616 0 174953 11 1 1 0 BON APPETIT 91337 COLLECTIONS DRIVE CHICAGO IL 60693 FOOD SERVICE 1270503 SCHOLA INBOUND MARKETING LLC 2608 GRENDON DRIVE WILMINGTON DE 19808 MARKETING 136460 RICOH USA INC PO BOX 41564 PHILADELPHIA PA 19101 OFFICE EQUIPMENT LEASING 106236 3 3466797 601553 3466797 TUITION AND FEES 611600 8258651 8258651 ROOM AND BOARD 721310 2225210 2225210 SUMMER CAMPS 900099 155515 155515 10639376 294853 294853 105720 0 105720 105720 105720 618613 616807 1806 1806 1806 152696 132736 19960 19960 OTHER 611710 369673 369673 MANAGEMENT FEE - HSLDA 561000 98204 98204 467877 14996389 11127213 0 402379 3065340 3065340 401595 279693 99500 22402 5419607 4269354 989944 160309 95914 78340 17574 799348 420234 84284 294830 379673 298966 69051 11656 43393 32285 3065 8043 32201 28981 3220 123151 98056 11529 13566 211177 80166 86965 44046 136356 86480 4336 45540 462922 244116 178500 40306 691810 596438 63999 31373 337177 286409 10311 40457 186021 167441 18580 1019237 910068 101924 7245 FOOD SERVICE 1111024 1111024 STUDENT EXPENSES 260635 256032 4603 LIBRARY SUPPLIES 220786 220786 SMALL EQUIPMENT & SUPPL 175848 161218 14630 593190 394287 105581 93322 15766405 13085714 1867596 813095 2105 2105 1352265 1983331 21183 199950 3234784 4501105 237536 7121 0 82085 64700 76917 63555 49238538 10757334 39298958 38481204 26682 0 170279 167579 44272379 45701065 612358 681692 488059 485010 3019504 4049388 600000 2250000 208787 0 4928708 7466090 X 38490028 37332517 853643 902458 39343671 38234975 44272379 45701065 -770016 -338680 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4117243 4117243 41224897 7165911 34058986 3896398 3591423 304975 38481204 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THIS INFORMATION IS IN THE COLLEGE CATALOG AND ON THE COLLEGE'S WEB SITE. 1 VARIOUS EDUCATIONAL SCHOLARSHIPS 274 3065340 PART I, LINE 2: ALL STUDENTS RECEIVING SCHOLARSHIPS ARE DETERIMINED BY THE COLLEGE'S ASSESMENT ON THE BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED, OR OTHER CRITERIA ESTABLISHED BY THE DONOR OR INSTITUTION. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 CARL SCHREIBER EXECUTIVE VICE PRESIDENT 201687 0 0 0 0 0 7770 0 20268 0 229725 0 0 0 DARYL WOLKING CHIEF FINANCIAL OFFICER 122069 0 0 0 0 0 5182 0 24023 0 151274 0 0 0 THOMAS ZIEMNICK VP FOR ADVANCEMENT 129798 0 0 0 0 0 5400 0 21943 0 157141 0 0 0 EARL HALL FORMER VP FOR CAMPUS SERVICES 111499 0 0 0 0 0 0 0 20114 0 131613 0 0 0 PART I, LINE 1A THE COLLEGE COVERS TRAVEL EXPENSES FOR THE EXECUTIVE SPOUSES WHEN THEIR PRESENCE SERVES THE BUSINESS INTERESTS OF THE COLLEGE; I.E., MEETING WITH HUSBAND/WIFE DONORS. COVENANT FOUNDATION FOUNDATION ESTABLISHED BY A MEMBER OF THE COLLEGE'S BOARD OF TRUSTEES TO FUND THE STUDENT LOAN PROGRAM X 4367388 4049388 0 1 1 PHC FOUNDATION X 237536 0 0 0 4286924 MICHAEL FARRIS CHANCELLOR 27922 TUITION REMISSION JACK HAYE PRESIDENT 18259 TUITION REMISSION MARK MITCHELL CHAIRMAN OF THE DEPT OF GOVERMENT 11666 TUITION REMISSION J VICTOR THOMPSON TRUSTEE 7000 SCHOLARSHIP X 5 585126 FAIR MARKET VALUE 0 1 1 PART I, LINE 32B: STOCK DONATIONS ARE SENT DIRECTLY TO A BROKER. THE BROKER PROCESSES THE SALE AT THE DIRECTION OF THE CFO. FORM 990, PART VI, SECTION A, LINE 2 J. VICTOR THOMPSON PROVIDES INVESTMENT MANAGEMENT SERVICES THROUGH BULWARK CAPITAL CORPORATION TO FOUR OTHER TRUSTEES - GEORGE CLAY, MIKE WRIGHT, JACK HAYE AND PAUL DE PREE. FORM 990, PART VI, SECTION A, LINE 2 GEORGE CLAY, VIC THOMPSON, AND MIKE FARRIS ARE COMMON TRUSTEES FOR PATRICK HENRY COLLEGE AND PATRICK HENRY COLLEGE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11 THE FINAL DRAFT OF FORM 990 WITHOUT THE DONOR LISTING (SCHEDULE B) IS SENT TO ALL MEMBERS OF THE BOARD OF TRUSTEES FOR THEIR REVIEW BEFORE THE 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES, OFFICERS, AND KEY EMPLOYEES COMPLETE THE CONFLICT OF INTEREST FORM ANNUALLY FOR SUBMITTAL TO THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION'S OFFICE FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES SERVES AS THE COLLEGE'S COMPENSATION COMMITTEE, COMPRISED SOLEY OF INDEPENDENT TRUSTEES, NONE OF WHICH HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENTS. THE COMMITTEE DEVELOPS, CONSISTENT WITH THE ORGANIZATION'S PHILOSOPHY AND PRINCIPLES, THE ANNUAL PERFORMANCE GOALS AND THE CRITERIA TO BE USED IN DETERMINING MERIT INCREASES FOR THE PRESIDENT (CEO). THE FULL BOARD REVIEWS AND VALIDATES COMPENSATION ARRANGEMENTS FOR THE PRESIDENT AND HIS DIRECT REPORTS. FORM 990, PART VI, SECTION C, LINE 19 WHILE THE FEDERAL LAWS DO NOT MANDATE THAT THE COLLEGE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS BE MADE AVAILABLE FOR PUBLIC INSPECTION, THE COLLEGE MAKES THEM AVAILABLE TO THE PUBLIC UPON REQUEST. PHC FOUNDATION TEN PATRICK HENRY CIRCLE PURCELLVILLE VA 20132 542031700 SUPPORT PATRICK HENRY COLLEGE VA 501(C)(3) 11A 0 0 0 1 1 1 0 0 0 0 0 0 1 1 1 0 0 1 0 0 PATRICK HENRY COLLEGE FOUNDATION D 237536 PATRICK HENRY COLLEGE FOUNDATION C 1000