GOSHEN COLLEGE INC: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- GOSHEN COLLEGE INC (EIN 35-2158366)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2017-05-03
- IRS object ID
- 201711239349301421
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-05-03T17:00:36-05:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 350921680 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWE HORWATH LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 West Wacker Drive | AddressLine1Txt |
| Address Line2 | Suite 2600 | AddressLine2Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606061224 | 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 | 352158366 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Goshen College Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GOSH | BusinessNameControlTxt |
| Phone | 5745357456 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1700 South Main Street | AddressLine1Txt |
| City | Goshen | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46526 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | James E Brenneman | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Signature | 2017-04-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jennifer Burke | PreparerPersonNm |
| PTIN | P01342224 | PTIN |
| Phone | 3128997000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | James Brenneman | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1700 South Main Street | AddressLine1Txt |
| City | Goshen | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46526 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $50,483,708 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.goshen.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1894 | FormationYr |
| Legal Domicile State | IN | LegalDomicileStateCd |
| Activity Or Mission | Goshen College, Inc. is a liberal arts college dedicated to the development of informed, articulate, sensitive, responsible Christians. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 931 | TotalEmployeeCnt |
| Total Volunteers | 93 | TotalVolunteersCnt |
| Total Gross UBI | $127,711 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$111,354 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $6,590,027 | PYContributionsGrantsAmt |
| CY Contributions Grants | $9,512,922 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $27,198,792 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $27,246,403 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$2,466,806 | PYInvestmentIncomeAmt |
| CY Investment Income | -$12,635,339 | CYInvestmentIncomeAmt |
| PY Other Revenue | $496,694 | PYOtherRevenueAmt |
| CY Other Revenue | $428,193 | CYOtherRevenueAmt |
| PY Total Revenue | $31,818,707 | PYTotalRevenueAmt |
| CY Total Revenue | $24,552,179 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $10,553,705 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $11,464,067 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $15,315,728 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $15,817,287 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $182,115 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $13,588,364 | PYOtherExpensesAmt |
| CY Other Expenses | $13,431,117 | CYOtherExpensesAmt |
| PY Total Expenses | $39,457,797 | PYTotalExpensesAmt |
| CY Total Expenses | $40,712,471 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$7,639,090 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$16,160,292 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $180,498,602 | TotalAssetsBOYAmt |
| Total Assets EOY | $171,053,104 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $37,261,706 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $36,970,398 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $143,236,896 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $134,082,706 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Goshen College, Inc. is a liberal arts college dedicated to the development of informed, articulate, sensitive, responsible Christians. (Continued in Schedule O) | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $33,926,972 | ExpenseAmt |
| Grant | $11,464,067 | GrantAmt |
| Revenue | $26,884,268 | RevenueAmt |
| Desc | GOSHEN COLLEGE, INC., A LIBERAL-ARTS EDUCATIONAL CENTER FOR THE TRANSMISSION, ENRICHMENT, ENLARGEMENT AND EMBODIMENT OF THE ANABAPTIST-MENNONITE VISION OF THE CHURCH AS A COMMUNITY OF FAITH FOR THE WORK OF GOD IN THE WORLD, SEEKS TO DEVELOP INFORMED, ARTICULATE, SENSITIVE, RESPONSIBLE CHRISTIAN DISCIPLES. A MASTER'S-DEGREE-GRANTING AND BACHELOR'S-DEGREE-GRANTING INSTITUTION SPONSORED BY THE MENNONITE CHURCH, GOSHEN COLLEGE IS OPEN TO ALL STUDENTS INTERESTED IN AN EDUCATIONAL PROGRAM WHICH IS COMMITTED TO BIBLICAL FAITH AND PRACTICE AS REVEALED AND DEMONSTRATED BY JESUS CHRIST. AS A MINISTRY OF THE MENNONITE CHURCH, GOSHEN COLLEGE INTENDS TO ENRICH AND EXTEND THE LIFE OF THE CHURCH AND ITS MISSION IN THE WORLD BY TRANSMITTING AND EXPLORING CHRISTIAN FAITH AND DISCIPLESHIP; BY RELATING CHRISTIAN PERSPECTIVES AND VALUES TO LEARNING AND PROFESSIONAL LIFE; BY ENCOURAGING ACTIVE PARTICIPATION AND LEADERSHIP IN CONGREGATIONS; AND BY EXPANDING THE INFLUENCE OF SUCH IDEALS AS LOVE AND PEACE, JUSTICE AND ORDER, STEWARDSHIP AND BENEVOLENCE. (CONTINUED IN SCHEDULE O) | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,529,692 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $362,135 | RevenueAmt |
| Desc | THE RESOURCES OF LAND AND PEOPLE AT THE MERRY LEA ENVIRONMENTAL LEARNING CENTER OF GOSHEN COLLEGE (MERRY LEA) ARE DEDICATED TO: PROVIDING A NATURAL SANCTUARY FOR NORTHERN INDIANA'S PLANTS AND ANIMALS; PROVIDING ENVIRONMENTAL EDUCATION FOR PEOPLE OF ALL AGES; AND PROVIDING A SETTING FOR RE-CREATING OPPORTUNITIES THAT BENEFIT THE HUMAN BODY AND SPIRIT WHILE NOT EXPLOITING THE LAND OR EXCESSIVELY DISTURBING ITS ECOSYSTEMS. GOSHEN COLLEGE AT MERRY LEA IS COMMITTED TO THE DEVELOPMENT OF A MULTIFACETED ENVIRONMENTAL PROGRAM THAT TEACHES ABOUT CHRISTIAN STEWARDSHIP OF NATURAL AND HUMAN RESOURCES. (CONTINUED IN SCHEDULE O) | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $35,456,664 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | 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 | Yes (true) | 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 | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 993 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 931 | 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 | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | 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 | Yes (true) | 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 | false | 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 | IN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jennifer L Kline CPA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5745357510 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1700 SOUTH MAIN STREET | AddressLine1Txt |
| City | Goshen | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46526 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| Conrad Clemens | |||||||
| Chair | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Philip Bontrager | |||||||
| Vice-Chair | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Felipe Hinojosa | |||||||
| Secretary | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Calenthia Dowdy | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Rose Gillin | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Ken Hochstetler | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Madeline Maldonado | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Timothy Oyer | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Faith Penner | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| John Powell | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Bruce Stahly | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Susan Fisher Miller | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| James Brenneman | |||||||
| President | 65.0 | Yes (X) | $156,447 | $0 | $27,723 | ||
| James Histand | |||||||
| VP for Finance | 65.0 | Yes (X) | $127,476 | $0 | $12,502 | ||
| James Caskey | |||||||
| VP for Institutional Advancement | 65.0 | $100,627 | $0 | $22,344 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $384,550 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $62,569 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | Yes (true) | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| AVI FRESH | |||||
| 2590 ELM RD NE | WARREN | OH | 44483 | FOOD SERVICES | $738,364 |
| NOEL-LEVITZ iNC | |||||
| 2101 ACT CIRCLE | IOWA CITY | IA | 52245 | ADVISORY SERVICES | $182,907 |
| MENNONITE EDUCATION AGENCY INC | |||||
| 3145 Benham Ave Ste 2 | Elkhart | IN | 465171970 | CONSULTING & ADVISORY SERVICES | $160,804 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
| Fundraising | $24,560 | FundraisingAmt |
| Government Grants | $465,391 | GovernmentGrantsAmt |
| All Other Contributions | $9,022,971 | AllOtherContributionsAmt |
| Noncash Contributions | $3,326,053 | NoncashContributionsAmt |
| Total Contributions | $9,512,922 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Tuition and Fees | 611710 | $22,453,330 | $22,453,330 |
| Auxiliary Enterprises | 611710 | $3,942,933 | $3,942,933 |
| Performing arts and music center | 611710 | $356,936 | $356,936 |
| Merry Lea Environmental Learning Center | 611710 | $362,135 | $362,135 |
| Educational Trips and Athletics | 611710 | $130,969 | $130,969 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $100 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $100 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $27,246,403 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $351,875 | TotalRevenueColumnAmt |
| Exclusion | $351,875 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $16,456 | TotalRevenueColumnAmt |
| Exclusion | $16,456 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $94,501 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $94,501 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $94,501 | TotalRevenueColumnAmt |
| Exclusion | $94,501 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $12,870,341 | SecuritiesAmt |
| Other | $66,001 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $25,716,968 | SecuritiesAmt |
| Other | $206,588 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$12,846,627 | SecuritiesAmt |
| Other | -$140,587 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$12,987,214 | TotalRevenueColumnAmt |
| Exclusion | -$12,987,214 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $6,780 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $24,560 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $7,973 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,193 | TotalRevenueColumnAmt |
| Exclusion | -$1,193 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| Rec-Fitness Center | 713940 | $128,966 | $127,711 | $1,255 |
| Copiers, Printing, fees and fines | 900099 | $35,371 | $35,371 | |
| 5core Media | 900099 | $58,949 | $58,949 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $95,143 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $95,143 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $318,429 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $24,552,179 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $27,246,403 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $127,711 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$12,334,857 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,464,067 | TotalAmt |
| Program Services | $11,464,067 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $409,104 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $409,104 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,906,681 | TotalAmt |
| Program Services | $9,978,040 | ProgramServicesAmt |
| Management And General | $1,898,435 | ManagementAndGeneralAmt |
| Fundraising | $30,206 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $593,819 | TotalAmt |
| Program Services | $498,902 | ProgramServicesAmt |
| Management And General | $94,917 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,975,800 | TotalAmt |
| Program Services | $1,650,819 | ProgramServicesAmt |
| Management And General | $324,981 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $931,883 | TotalAmt |
| Program Services | $763,320 | ProgramServicesAmt |
| Management And General | $168,563 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,107 | TotalAmt |
| Program Services | $880 | ProgramServicesAmt |
| Management And General | $62,227 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,215 | TotalAmt |
| Management And General | $68,215 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24 | TotalAmt |
| Management And General | $24 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,414 | TotalAmt |
| Management And General | $68,414 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,545,420 | TotalAmt |
| Program Services | $1,223,797 | ProgramServicesAmt |
| Management And General | $321,423 | ManagementAndGeneralAmt |
| Fundraising | $200 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $416,387 | TotalAmt |
| Program Services | $384,995 | ProgramServicesAmt |
| Management And General | $31,392 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,482,417 | TotalAmt |
| Program Services | $1,192,548 | ProgramServicesAmt |
| Management And General | $267,652 | ManagementAndGeneralAmt |
| Fundraising | $22,217 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $884,277 | TotalAmt |
| Program Services | $878,964 | ProgramServicesAmt |
| Management And General | $5,313 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $888,335 | TotalAmt |
| Program Services | $684,700 | ProgramServicesAmt |
| Management And General | $164,333 | ManagementAndGeneralAmt |
| Fundraising | $39,302 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,760 | TotalAmt |
| Program Services | $31,239 | ProgramServicesAmt |
| Management And General | $20,521 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,289,966 | TotalAmt |
| Program Services | $1,289,966 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,604,701 | TotalAmt |
| Program Services | $2,167,404 | ProgramServicesAmt |
| Management And General | $361,698 | ManagementAndGeneralAmt |
| Fundraising | $75,599 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,771 | TotalAmt |
| Program Services | $72,979 | ProgramServicesAmt |
| Management And General | $52,792 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Equipment & Maintenance | $1,606,589 | $1,033,521 | $572,617 | $451 |
| Merry Lea Learning Center | $1,529,692 | $1,529,692 | ||
| Entertainment Expenses | $226,046 | $105,847 | $110,269 | $9,930 |
| Books and Periodicals | $326,954 | $324,535 | $2,346 | $73 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $253,042 | TotalAmt |
| Program Services | $180,449 | ProgramServicesAmt |
| Management And General | $68,456 | ManagementAndGeneralAmt |
| Fundraising | $4,137 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,712,471 | TotalAmt |
| Program Services | $35,456,664 | ProgramServicesAmt |
| Management And General | $5,073,692 | ManagementAndGeneralAmt |
| Fundraising | $182,115 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,045 | BOYAmt |
| EOY | $3,570 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,594,180 | BOYAmt |
| EOY | $7,103,955 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $195,178 | BOYAmt |
| EOY | $227,233 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $592,633 | BOYAmt |
| EOY | $470,985 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $98,161,717 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $48,042,157 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,324,661 | BOYAmt |
| EOY | $50,119,560 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,096,959 | BOYAmt |
| EOY | $4,185,046 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $113,107,998 | BOYAmt |
| EOY | $102,103,000 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,246,890 | BOYAmt |
| EOY | $5,479,274 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,336,058 | BOYAmt |
| EOY | $1,360,481 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $180,498,602 | BOYAmt |
| EOY | $171,053,104 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,300,620 | BOYAmt |
| EOY | $1,361,690 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,430,000 | BOYAmt |
| EOY | $24,155,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,531,086 | BOYAmt |
| EOY | $11,453,708 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,261,706 | BOYAmt |
| EOY | $36,970,398 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,742,234 | BOYAmt |
| EOY | $35,498,634 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,021,716 | BOYAmt |
| EOY | $15,912,186 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,472,946 | BOYAmt |
| EOY | $82,671,886 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $143,236,896 | BOYAmt |
| EOY | $134,082,706 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $180,498,602 | BOYAmt |
| EOY | $171,053,104 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$16,160,292 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $8,242,029 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$1,235,927 | 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) |
|---|---|---|
| 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 | $24 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $24 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY | The organization indirectly influenced legislation through its dues paid to the National Association of College and University Business Officers (NACUBO). The portion of dues paid that were used for specific lobbying purposes totaled $24 for the year ended June 30, 2016. |
| Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY | The organization indirectly influenced legislation through its dues paid to the National Association of College and University Business Officers (NACUBO). The portion of dues paid that were used for specific lobbying purposes totaled $24 for the year ended June 30, 2016. |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $110,475,554 | BeginningYearBalanceAmt |
| Contributions | $2,494,821 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,617,464 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $4,051,410 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,336,759 | OtherExpendituresAmt |
| End Year Balance | $100,964,742 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $117,507,429 | BeginningYearBalanceAmt |
| Contributions | $2,291,295 | ContributionsAmt |
| Investment Earnings Or Losses | $991,980 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,296,407 | GrantsOrScholarshipsAmt |
| Other Expenditures | $7,018,743 | OtherExpendituresAmt |
| End Year Balance | $110,475,554 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $102,259,585 | BeginningYearBalanceAmt |
| Contributions | $1,990,104 | ContributionsAmt |
| Investment Earnings Or Losses | $17,313,690 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,835,169 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,220,781 | OtherExpendituresAmt |
| End Year Balance | $117,507,429 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $94,010,655 | BeginningYearBalanceAmt |
| Contributions | $1,385,990 | ContributionsAmt |
| Investment Earnings Or Losses | $8,908,883 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,413,952 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$368,009 | OtherExpendituresAmt |
| End Year Balance | $102,259,585 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $99,290,676 | BeginningYearBalanceAmt |
| Contributions | $1,082,006 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,816,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,546,027 | GrantsOrScholarshipsAmt |
| End Year Balance | $94,010,655 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.1704 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.7696 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.06 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | Yes (true) | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | Yes (true) | RelatedOrgListSchRInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,691,486 | OtherCostOrOtherBasisAmt |
| Book Value | $1,691,486 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $84,654,365 | OtherCostOrOtherBasisAmt |
| Depreciation | $38,115,963 | DepreciationAmt |
| Book Value | $46,538,402 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,717,276 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,931,237 | DepreciationAmt |
| Book Value | $786,039 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,891,573 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,994,957 | DepreciationAmt |
| Book Value | $896,616 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $207,017 | OtherCostOrOtherBasisAmt |
| Book Value | $207,017 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $50,119,560 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| Funds held by others and irrevocable trusts | $29,102,640 |
| CSV of Life Insurance | $667,277 |
| MEA Growth Pool | $72,333,083 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $102,103,000 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| Deposits | $576,508 |
| Fair value of interest rate swaps | $5,551,556 |
| U.S. Government loan funds | $2,425,761 |
| Retirement plans and postretirement health care | $2,423,104 |
| Annuities payable | $476,779 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $11,453,708 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $20,340,150 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $8,242,029 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$1,235,927 | OtherRevenueAmt |
| Revenue Not Reported | $7,006,102 | RevenueNotReportedAmt |
| Revenue Subtotal | $13,334,048 | RevenueSubtotalAmt |
| Other Revenues Not Included | $11,218,131 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $11,218,131 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $24,552,179 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $29,494,340 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $0 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $29,494,340 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $11,218,131 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $11,218,131 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $40,712,471 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part III, Line 1a Collections of art - financial statement footnote | The College follows a policy not to record or capitalize its collections of works of art, historical treasures and similar assets. |
| Schedule D, Part III, Line 4 Collections of art - description of collections | The College's collections are held for public exhibition, education and research in furtherance of the College's educational and public service mission. The collections are appropriately cared for and preserved and subject to a College policy that requires the proceeds from sales, if any, of collection items to be used to acquire other items for the collection and to annually report in the audited financial statements the recording of any items sold, destroyed or otherwise deaccessed during the year just completed and to report any new acquisitions. At June 30, 2016 and 2015, there were no significant reportable activities in collections. |
| Schedule D, Part V, Line 4 Intended uses of endowment funds | The College's endowment funds consist of donor-restricted endowment funds and funds designated by the board of directors to function as endowments, which are both held within the MEA growth pool, as well as funds held by others and irrevocable trusts for the benefit of the college. The purpose of the endowment funds is to facilitate donors' desires to support college programs over the long run. In doing so, the endowment fund will provide a secure, long-term source of funds to (i) ensure long-term growth; (ii) provide for intergenerational equity; (iii) provide a permanent resource for scholarship funding for students; and (iv) support the administrative expenses of the college as deemed appropriate. |
| Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | The Internal Revenue Service has determined that the College is a tax exempt, not-for-profit organization as defined in Section 501(c)(3) of the Internal Revenue Code ("IRC"). As such, the College is generally not subject to federal or state income taxes except for certain income derived from unrelated business activities as defined by the IRC. Any such taxes resulting from unrelated business activities are insignificant to the operations of the College. U.S. GAAP prescribes recognition thresholds and measurement attributes for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Tax benefits will be recognized only if the tax position is more-likely-than-not sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized will be the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax benefit will be recorded. Management has concluded that they are unaware of any tax benefits or liabilities to be recognized at June 30, 2016 and 2015. The College does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. The College would recognize interest and penalties related to unrecognized tax benefits in interest and income tax expense, respectively. The College has no amounts accrued for interest or penalties as of June 30, 2016 and 2015. |
| Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 | Unrealized loss on interest rate swaps - -1265851 Actuarial adjustments of annuities - -23550 Other actuarial adjustments - 53474 |
| Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements | Scholarships and tuition discounts - 11226104 Fundraising event expenses - -7973 |
| Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements | Scholarships and tuition discounts - 11226104 Fundraising event expenses - -7973 |
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 | Yes (true) | 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 (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY | The organization's nondiscriminatory policy is published in the student catalog, and is also included in all recruitment and application materials. |
| Schedule E, Part I, Line 5(h) DISCRIMINATION BY RACE | A donor may require that the scholarship donated by them be awarded to a minority. The college honors the donors' stipulations. |
| Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT | The organization receives financial assistance from governmental agencies in the form of scholarship and grant funds for students' tuition and related expenses. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (6 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| Central America and the Caribbean | 0 | 0 | Program Services | HIGHER EDUCATION STUDY ABROAD PROGRAMS | $24,898 |
| East Asia and the Pacific | 0 | 0 | Program Services | HIGHER EDUCATION STUDY ABROAD PROGRAMS | $121,699 |
| Europe (Including Iceland and Greenland) | 0 | 0 | Program Services | HIGHER EDUCATION STUDY ABROAD PROGRAMS | $89,821 |
| South America | 0 | 0 | Program Services | HIGHER EDUCATION STUDY ABROAD PROGRAMS | $211,125 |
| South Asia | 0 | 0 | Program Services | HIGHER EDUCATION STUDY ABROAD PROGRAMS | $37,156 |
| Sub-Saharan Africa | 0 | 0 | Program Services | HIGHER EDUCATION STUDY ABROAD PROGRAMS | $126,635 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $611,334 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $611,334 | TotalSpentAmt |
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Golf Outing | Event1Nm |
| Gross Receipts Event1 | $31,340 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $24,560 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $6,780 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $1,761 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $3,442 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $2,157 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $613 | OtherDirectExpensesEvent1Amt |
| Gross Revenue Event2 | $0 | GrossRevenueEvent2Amt |
| Gross Revenue Other Events | $0 | GrossRevenueOtherEventsAmt |
| Gross Receipts Total | $31,340 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $24,560 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $6,780 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $1,761 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $3,442 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $2,157 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $613 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $7,973 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$1,193 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|---|
| NEED-BASED SCHOLARSHIPS | 482 | $2,533,570 | $0 | N/A | N/A |
| MERIT-BASED SCHOLARSHIPS | 610 | $8,930,497 | $0 | N/A | N/A |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. | FormAndLineReferenceDesc |
| Explanation | Grant funds and scholarships are credited directly to the students' accounts to ensure the appropriate use of funds. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| 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 | false | 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
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | James Brenneman | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | President | TitleTxt |
| Base Compensation Filing Org | $105,546 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $50,901 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $8,340 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $19,383 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $184,170 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a Housing allowance or residence for personal use | The College's President is a Minister and is thus eligible for a Minister's Housing allowance. Each year the board of directors takes action to designate the housing allowance amounts for the President. The housing allowance is included in the President's Form W-2 as taxable compensation. |
| Schedule J, Part I, Line 1a Health or social club dues or initiation fees | The College provides for payment of social club dues for its President; the payments are only for business purposes, and therefore the amounts are not included in his Form W-2 as taxable compensation. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | City of Goshen Indiana | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 356001045 | BondIssuerEIN |
| Bond Issued | 2015-04-01 | BondIssuedDt |
| Issue Price | $25,430,000 | IssuePriceAmt |
| Purpose | To refund prior bond issue (5/9/07) | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Pool Financing | false | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $1,275,000 | RetiredAmt |
| Bond Defeased | $0 | BondDefeasedAmt |
| Total Proceeds | $25,430,000 | TotalProceedsAmt |
| In Reserve Fund | $0 | InReserveFundAmt |
| Capitalized Interest | $0 | CapitalizedInterestAmt |
| Refunding Escrow | $0 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $0 | IssuanceCostsFromProceedsAmt |
| Credit Enhancement | $0 | CreditEnhancementAmt |
| Working Capital Expenditures | $0 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $0 | CapitalExpendituresAmt |
| Other Spent Proceeds | $25,430,000 | OtherSpentProceedsAmt |
| Unspent | $0 | UnspentAmt |
| Substantial Completion | 2015 | SubstantialCompletionYr |
| Current Refunding | Yes (true) | CurrentRefundingInd |
| Advance Refunding | false | AdvanceRefundingInd |
| Final Allocation Made | Yes (true) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | Yes (true) | MgmtContractBondFincdPropInd |
| Engage Bond Counsel Contracts | Yes (true) | EngageBondCounselContractsInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.0 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.0 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.0 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | false | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | false | RebateNotDueYetInd |
| Exception To Rebate | Yes (true) | ExceptionToRebateInd |
| No Rebate Due | false | NoRebateDueInd |
| Variable Rate Issue | Yes (true) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | false | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | false | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (true) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule K, Part IV, Line 2b Reason Form 8038-T Not Filed - Exception to Rebate | All gross proceeds of the Refunding bonds were spent within 12 months of the date of issue as allowed by Section 1.148-7(c)(2) of the Regulations. Accordingly, the Refunding Portion of the bonds met the requirements of Section 1.148-7(c) of the Regulations for the Computation period, and the gross proceeds for purposes of the Six-Month Spending Exception are exempt from arbitrage rebate computations. |
| Schedule K, Part IV, Line 7 Written procedures to monitor requirements of section 148 | Although Goshen College has not established written procedures to monitor the requirements of section 148, the College has answered this question "no" in accordance with the IRS' instructions since the procedures did not apply to the bond issue during the 12-month period used to report on the bond issue (July 1, 2015 - June 30, 2016). The College annually reviews all outstanding bond compliance covenants, including tax exemption compliance requirements. In addition all compliance covenants are reviewed by independent external auditors as part of the annual independent audit procedures. |
| Schedule K, Part III, Line 9 Written procedures to ensure all nonqualified bonds are remediated | Although Goshen College has not established written procedures to ensure all nonqualified bonds (if any) are remediated according to regulations, the College has answered this question "no" in accordance with the IRS' instructions since the procedures did not apply to the bond issue during the 12-month period used to report on the bond issue (July 1, 2015 - June 30, 2016). The College annually reviews all outstanding bond compliance covenants, including tax exemption compliance requirements. In addition all compliance covenants are reviewed by independent external auditors as part of the annual independent audit procedures. |
| Schedule K, Part III, Line 3a Management or service contracts | The College's management/service contracts do not result in private business use, as they fall under the private business use exception for maintenance/service contracts. |
| Schedule K, Part V Written procedures through VCAP | Although Goshen College has not established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program, the College has answered this question "no" in accordance with the IRS' instructions since the procedures did not apply to the bond issue during the 12-month period used to report on the bond issue (July 1, 2015 - June 30, 2016). The College annually reviews all outstanding bond compliance covenants, including tax exemption compliance requirements. In addition all compliance covenants are reviewed by independent external auditors as part of the annual independent audit procedures. |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $18,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $4,999 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 6 | ContributionCnt |
| Noncash Contributions Rpt F990 | $40,273 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
Real Estate Other RealEstateOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $3,261,500 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | Equipment | Desc |
| Contribution | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,281 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule M, Part I Explanations of reporting method for number of contributions | FormAndLineReferenceDesc |
| Explanation | Art - Works of art - : Number of contributions Books and publications - : Number of contributions Securities - Publicly traded - : Number of contributions Real estate - Other - : Number of contributions Other - Equipment: Number of contributions | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, Line 1 ORGANIZATION'S MISSION | (CONTINUED FROM PART III) AS A MINISTRY OF THE MENNONITE CHURCH, WE SEEK TO INTEGRATE CHRISTIAN VALUES WITH EDUCATIONAL, SOCIAL, AND PROFESSIONAL LIFE. AS A COMMUNITY OF FAITH AND LEARNING, WE STRIVE TO FOSTER PERSONAL, INTELLECTUAL, SPIRITUAL, AND SOCIAL GROWTH IN EVERY PERSON. WE VIEW EDUCATION AS A MORAL ACTIVITY THAT PRODUCES SERVANT-LEADERS FOR THE CHURCH AND THE WORLD. AT GOSHEN COLLEGE WE INTEND TO CREATE A COMMUNITY OF FAITH AND LEARNING BUILT ON FIVE CORE VALUES: CHRIST-CENTEREDNESS, PASSIONATE LEARNING, SERVANT LEADERSHIP, COMPASSIONATE PEACEMAKING AND GLOBAL CITIZENSHIP. IN OUR ACADEMIC PROGRAM AND CAMPUS LIFE STUDENTS WILL DEVELOP THE KNOWLEDGE, SKILLS AND VALUES FOR: A LIFE THAT IS CHRIST-CENTERED, WITH *A REFLECTIVE FAITH THAT NURTURES SPIRITUAL GROWTH IN INDIVIDUAL AND CORPORATE CONTEXTS *AN ACTIVE FAITH THAT INFORMS ALL LIFE'S CHOICES A LIFE OF PASSIONATE LEARNING, THROUGH *THE MASTERY OF A MAJOR FIELD OF STUDY AS THE BASIS FOR LIFE-LONG LEARNING, SERVICE, RELATIONSHIPS, AND WORK IN A SOCIALLY AND CULTURALLY DIVERSE CONTEXT *AN EXTENSIVE FOUNDATION OF KNOWLEDGE, SKILLS, PROCESSES AND METHODOLOGIES DERIVED FROM A LIBERAL ARTS CURRICULUM THAT ARE REQUIRED FOR SYSTEMATIC STUDY AND PROBLEM SOLVING A LIFE OF SERVANT LEADERSHIP, BASED ON *A LEADERSHIP ABILITY THAT EMPOWERS SELF AND OTHERS *A HEALTHY UNDERSTANDING OF SELF AND OTHERS THAT IS REFLECTED IN RELATIONSHIPS OF INTERDEPENDENCE AND MUTUAL ACCOUNTABILITY A LIFE OF COMPASSIONATE PEACEMAKING WITH *A PERSONAL INTEGRITY THAT FOSTERS THE ABILITY TO RESOLVE CONFLICT AND TO PROMOTE JUSTICE *A COMMITMENT TO DIVERSITY IN ALL OF ITS FORMS BOTH CONCEPTUALLY AND IN PRACTICE A LIFE OF GLOBAL CITIZENSHIP WITH *AN INTERCULTURAL OPENNESS WITH THE ABILITY TO FUNCTION EFFECTIVELY WITH PEOPLE OF OTHER WORLD VIEWS *A RESPONSIBLE UNDERSTANDING OF STEWARDSHIP FOR HUMAN SYSTEMS AND THE ENVIRONMENT IN A MULTICULTURAL WORLD. GOSHEN COLLEGE'S ACADEMIC PROGRAM IS INTEGRATED INTO ALL ASPECTS OF COLLEGE LIFE, CURRICULAR AND CO-CURRICULAR. WE ENCOURAGE STUDENTS TO LEARN AND GROW BEYOND THE PARAMETERS OF THEIR DISCIPLINE-BASED TRAINING, TO RECOGNIZE THE POWERFUL CONNECTION BETWEEN THE DISCIPLINES, AND BETWEEN THE EDUCATION OF THE MIND, BODY AND SPIRIT. |
| Form 990, Part III, Line 4a PROGRAM SERVICE ACCOMPLISHMENTS (CONTINUED FROM PART III, LINE 4A) | AS A LIBERAL-ARTS COLLEGE, GOSHEN STRIVES TO BE A COMMUNITY OF EDUCATORS AND STUDENTS PROVIDING A LEARNING ENVIRONMENT WHICH: -- FOSTERS PERSONAL, SOCIAL, INTELLECTUAL AND SPIRITUAL GROWTH; -- NURTURES THOSE SKILLS, PROCESSES, DISCIPLINES AND METHODOLOGIES REQUIRED FOR SYSTEMATIC STUDY AND PROBLEM SOLVING; -- PROVIDES SUFFICIENT KNOWLEDGE IN ONE SUBJECT AREA AS A BASE FOR ADVANCED TRAINING OR PROFESSIONAL WORK; -- DEVELOPS AN APPRECIATION FOR AND CRITICAL UNDERSTANDING OF HUMAN EXPERIENCE AND CULTURAL VARIETY; AND -- BUILDS CONFIDENCE, ACCEPTANCE AND IDENTITY NECESSARY FOR PURPOSEFUL LIVING IN CHURCH AND SOCIETY. AS A CENTER OF CONTINUING STUDY AND RESEARCH ON ISSUES OF IMPORTANCE TO THE CHURCH AND LARGER SOCIETY AND AS A CENTER FOR CONTINUING EDUCATION AND PUBLIC SERVICE, GOSHEN COLLEGE EXPECTS TO ASSIST MENNONITE CONGREGATIONS AND AGENCIES AND THE COMMUNITY OF ELKHART AND SURROUNDING COUNTIES THROUGH THE INCREASE AND DISSEMINATION OF KNOWLEDGE IN RESEARCH, WRITING AND PUBLICATIONS, BY PROVIDING LIFE-LONG EDUCATIONAL AND CULTURAL ACTIVITIES, AND BY ENCOURAGING EXPANDED AWARENESS AND MORE RESPONSIBLE SERVICE IN THE WORLD. DURING THE 2015-2016 ACADEMIC YEAR, THE ORGANIZATION HAD A FULL-TIME EQUIVALENT OF 739.8 UNDERGRADUATE AND 44.6 GRADUATE STUDENTS FROM MORE THAN 31 STATES AND 26 COUNTRIES. GOSHEN COLLEGE OFFERS STUDENTS 43 MAJORS AND 47 MINORS, AS WELL AS RIGOROUS PRE-PROFESSIONAL AND GRADUATE PROGRAMS. THE COLLEGE'S STUDENT-TO-FACULTY RATIO IS 9:1 AND 93 PERCENT OF CLASSES HAVE FEWER THAN 30 STUDENTS. GOSHEN COLLEGE IS ALSO HOME TO ONE OF THE TOP-RANKED STUDY ABROAD PROGRAMS IN THE COUNTRY, AND ONE OF THE FEW THAT EMPHASIZES SERVICE AND COMPLETE CULTURAL IMMERSION. APPROXIMATELY 83 PERCENT OF UNDERGRADUATE STUDENTS STUDY ABROAD BEFORE GRADUATING. APPROXIMATELY 99 PERCENT OF FULL-TIME, TRADITIONAL GOSHEN COLLEGE STUDENTS RECEIVE SOME FORM OF FINANCIAL AID, AND THE AVERAGE PACKAGE OF SCHOLARSHIPS, GRANTS AND LOANS TOTALS $29,175. |
| Form 990, Part III, Line 4b PROGRAM SERVICE ACCOMPLISHMENTS (CONTINUED FROM PART III, LINE 4B) | THOSE ASSOCIATED WITH THE CARE, MANAGEMENT, AND OWNERSHIP OF MERRY LEA RECOGNIZE THAT WE ARE ACCOUNTABLE TO GOD FOR OUR STEWARDSHIP OF RESOURCES IN THE SAME WAY WE ARE ACCOUNTABLE FOR OTHER ASPECTS OF OUR LIVES. WE RECOGNIZE WORLD ENVIRONMENTAL ISSUES AND THEIR RELATIONSHIP TO ISSUES OF JUSTICE IN OUR NEIGHBORHOOD, REGION, OR COUNTRY. WE CHOOSE TO ADDRESS THE ISSUES OF NATIONAL AND INTERNATIONAL SCALE BY CONCENTRATING ON THE EDUCATION AND MOTIVATION OF THOSE WHO VISIT US. WE WILL NOT BE ADVERSARIAL IN OUR APPROACHES TO OTHERS, BUT VISITORS WILL BE INVITED TO MAKE APPROPRIATE CHANGES IN THEIR LIVES. OUR FOCUS AT MERRY LEA IS TO LOOK AFTER THE HEALTH OF MERRY LEA'S ECOSYSTEMS, THE QUALITY OF HER EDUCATIONAL PROGRAMS, AND THE RESTORATIVE PROPERTIES OF RECREATIONAL EXPERIENCES. AS WE ATTEND TO THE QUALITY OF OUR SERVICES AND THE EFFICIENCY WITH WHICH WE DELIVER THEM, WE WILL ALSO EFFECTIVELY TEACH STEWARDSHIP OF OUR EARTH. WE WILL DEVELOP AN APPROPRIATE PHYSICAL PLANT, MAINTAIN A VIGOROUS EDUCATIONAL PROGRAM, AND DEVELOP BROAD-BASED, CONTINUING FINANCIAL SUPPORT TO CARRY OUT THIS MISSION. |
| Form 990, Part VI, Line 7a Members or stockholders electing members of governing body | Mennonite Education Agency, Inc., a related organization, has the power to appoint 75% of Goshen College's board of directors. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | The Form 990 is reviewed in detail by both the organization's VP for Finance and Controller. A final draft of the Form 990, excluding Schedule B, is presented to the organization's finance committee. A final copy of the Form 990, excluding Schedule B, is then provided to each board member for their review prior to filing the Form with the IRS. |
| Form 990, Part VI, Line 12c Conflict of interest policy | Annual disclosure is provided to each officer and board member. Each person completes an annual conflict of interest questionnaire. Once the questionnaires are completed, the President and Board Chair review the responses and determine whether or not there are any potential conflicts of interest. If there is a potential conflict of interest, the President and Board Chair review the corresponding issue and determine if there is an actual conflict of interest. If an actual conflict of interest is determined to exist, that person is excluded from any discussions concerning the conflicting issue and is not permitted to vote on any decisions regarding the conflicting issue. Any purchases and/or bidding proposals are also reviewed for any potential conflicts of interest prior to submitting bids or making purchases. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | The process for determining the compensation of the organization's CEO and VP of Finance includes a review and approval by the Executive Committee of the board of directors, which consists of independent persons. The Executive Committee uses comparative data from a benchmark set of institutions developed by the College and University Professional Association for Human Resources (CUPA-HR) to determine the amount of compensation. This process is documented in the Executive Committee meeting minutes and was last undertaken in February 2016 for compensation changes effective July 2016. |
| Form 990, Part VI, Line 15b Process to establish compensation of other employees | See narrative for Form 990, Part VI, Section B, Line 15a. |
| Form 990, Part VI, Line 19 Required documents available to the public | The organization's financial statements are posted on the VP of Finance's website (www.goshen.edu/finance). Governing documents and conflict of interest policies are not required disclosures pursuant to Internal Revenue Code (IRC) Section 6104. These documents are not available to the public at this time. |
| Form 990, Part VIII, Line 2f Other Program Service Revenue | Other Program Revenue - Total Revenue: 100, Related or Exempt Function Revenue: 100, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; |
| Form 990, Part VIII, Line 11d Other Miscellaneous Revenue | miscellaneous - Total Revenue: 95143, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 95143; |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | Unrealized loss on rate swaps - -1265851; Actuarial adjustment of annuities - -23550; Other actuarial adjustments - 53474; |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MENNONITE EDUCATION AGENCY INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3145 Benham Ave Ste 2 | AddressLine1Txt |
| City | Elkhart | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 465171970 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 352154781 | EIN |
| Primary Activities | EDUCATION | PrimaryActivitiesTxt |
| Legal Domicile State | IN | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3 | ExemptCodeSectionTxt |
| Public Charity Status | 7 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | false | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARITABLE REMAINDER TRUSTS (6) | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O Goshen College | AddressLine1Txt |
| Address Line2 | 1700 South Main Street | AddressLine2Txt |
| City | Goshen | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46526 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | TRUST | PrimaryActivitiesTxt |
| Legal Domicile State | IN | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | Trust | EntityTypeTxt |
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (true) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (true) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |