NEWBERRY COLLEGE: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- NEWBERRY COLLEGE (EIN 57-0314404)
- Tax period
- 2014-07-01 to 2015-06-30
- Filed
- 2016-05-13
- IRS object ID
- 201601349349303980
- Schema version
- 2014v6.0
- 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 D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-05-13T12:47:50-05:00 | ReturnTs |
| Tax Period End | 2015-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 363990892 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Capin Crouse LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1255 Lakes Parkway STE 130 | AddressLine1Txt |
| City | Lawrenceville | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30043 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 570314404 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Newberry College | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NEWB | BusinessNameControlTxt |
| Phone | 8032765010 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2100 College Street | AddressLine1Txt |
| City | Newberry | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29108 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Kathy Worster | PersonNm |
| Person Title | VP of Business Affairs/CFO | PersonTitleTxt |
| Phone | 8032765010 | PhoneNum |
| Signature | 2016-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Edward M Priem II | PreparerPersonNm |
| PTIN | P01783684 | PTIN |
| Phone | 6785185301 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-08-17 19:52:53Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Maurice Scherrens | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2100 College Street | AddressLine1Txt |
| City | Newberry | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29108 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $47,335,322 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.newberry.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1856 | FormationYr |
| Legal Domicile State | SC | LegalDomicileStateCd |
| Activity Or Mission | Provide undergraduate education for approximately 1,000 students. | ActivityOrMissionDesc |
| Voting Members Governing Body | 25 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 24 | VotingMembersIndependentCnt |
| Total Employee | 489 | TotalEmployeeCnt |
| Total Volunteers | 30 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $6,816,534 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,529,673 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $31,658,699 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $34,562,619 | CYProgramServiceRevenueAmt |
| PY Investment Income | $379,949 | PYInvestmentIncomeAmt |
| CY Investment Income | $403,245 | CYInvestmentIncomeAmt |
| PY Other Revenue | $199,535 | PYOtherRevenueAmt |
| CY Other Revenue | -$18,206 | CYOtherRevenueAmt |
| PY Total Revenue | $39,054,717 | PYTotalRevenueAmt |
| CY Total Revenue | $38,477,331 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $12,792,212 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $13,798,915 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $9,858,958 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $11,607,926 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $126,628 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $183,019 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $15,101,724 | PYOtherExpensesAmt |
| CY Other Expenses | $16,042,184 | CYOtherExpensesAmt |
| PY Total Expenses | $37,752,894 | PYTotalExpensesAmt |
| CY Total Expenses | $41,575,653 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,301,823 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$3,098,322 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $58,004,236 | TotalAssetsBOYAmt |
| Total Assets EOY | $53,044,355 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $29,675,647 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $29,645,998 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $28,328,589 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $23,398,357 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | Newberry College challenges and nurtures students for lifetimes of service and leadership through intellectual transformation, social development, a culture of physical well-being, and spiritual growth by providing a Christian education in the Lutheran tradition. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $22,419,474 | ExpenseAmt |
| Grant | $13,758,915 | GrantAmt |
| Revenue | $25,894,704 | RevenueAmt |
| Desc | InstructionNewberry College has a rich tradition of providing personal attention, challenging academic programs, and a close-knit community that welcomes everyone. We combine our strong liberal arts foundation with specialized professional degree programs to prepare students such as you for successful futures. Newberry College prepares students in the Lutheran liberal arts tradition through our supportive academic community for lifelong intellectual and personal development, meaningful vocation, and engaged citizenship in the global society.Intellectual DevelopmentStudents will acquire, develop, and demonstrate:-knowledge of the arts, sciences, and humanities as ways of understanding the world and our place in it.-effective oral and written communication skills.-critical thinking and quantitative analytical skills necessary for interpreting information and solving problems in a 21st-century global society.-proficiency in information literacy.Personal DevelopmentStudents will acquire, develop, and demonstrate:-the ability to work with others as leaders or as members of a team to accomplish common goals in a diverse society.-an understanding of the heritage of the Christian faith and its contribution to humane problem solving in the evolving global community.-moral reasoning skills essential for making life choices that balance personal freedoms and societal responsibilities.-the knowledge, attitudes, and habits that contribute to a healthy lifestyle.Meaningful VocationStudents will acquire, develop, and demonstrate:-knowledge of the history, methods of inquiry, and current intellectual claims of a chosen specific discipline or interdisciplinary area of study.-knowledge and skills that foster life-long personal growth and professional development in their vocational pursuits.Engaged Citizenship in a Global SocietyStudents will acquire, develop, and demonstrate:-the values necessary for effective citizenship.-the skills and historical knowledge to think critically about complex national and global issues.-the qualities of personal and social responsibility necessary to sustain and deepen democracy.NOTEWORTHY:NEWBERRY COLLEGE RANKED AS ONE OF THE COUNTRY'S BEST COLLEGESNEWBERRY, S.C. (Oct. 8, 2014) Newberry College has been ranked on the 2015 U.S. News & World Report Best Colleges rankings. The College earned three top rankings in the national magazines annual report, finding itself on the lists for the following:-Best Colleges in the South (33rd, Newberry Colleges highest ranking to-date)-Colleges in the South with the Least Student Debt (5th)-The South's Best Colleges for Veterans (11th)-12:1 Student to Faculty ratio-75% Full-Time faculty hold the highest degree in their fieldFIELD EXPERIENCES HELP STUDENTS APPLY CLASSROOM LEARNINGFebruary 8, 2015Newberry College students got the chance to apply some of their classroom learning during a recent visit to Newberry Industries, a community-based organization that provides training and services for people with a variety of career and educational needs. Students in Dr. Peggy Winders PHE 302 Adapted Physical Education class are learning about how to involve individuals with physical, emotional and learning disabilities in physical education. TEN NEWBERRY COLLEGE STUDENTS SELECTED FOR NATIONAL RECOGNITION IN WHO'S WHONovember 17, 2014Ten Newberry College students were inducted into the list of Who's Who Among Students in American Universities and Colleges at the schools founders convocation held Nov. 14 in Wiles Chapel.NSF GRANT SUPPORTS STEM TEACHER PREPFebruary 23, 2015The National Science Foundation has awarded Newberry College with a five-year grant of $797,832 from the Robert Noyce Teacher Scholarship Program [http://nsfnoyce.org] to support the Colleges efforts to produce more science and math teachers for South Carolina school districts.31ST ANNUAL SCIENCE OLYMPIAD KICKS OFF SATURDAYFebruary 23, 2015Middle and high schools from around the state of South Carolina are hard at work in preparation for the 31st annual South Carolina Science Olympiad competitions to be held on the Newberry College campus. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $8,139,121 | ExpenseAmt |
| Desc | Student ServicesAt Newberry College, learning takes place both inside and outside the classroom. No matter where you are -- on-campus, in-town, or off-the-beaten path, you'll exchange ideas and build relationships with faculty, students, and community members alike. You'll discover the "classroom" extends far beyond ivy-covered walls to the greater Newberry community, region, and world. Live, learn, play, and get a whole life education at Newberry. The Office of Residence Life encourages community and individual growth through effective residential programming and community involvement. We strive to create an environment that you call home and a community that feels like a family. We believe this residential culture is imperative to our mission and an important part of your learning process. We support you by providing everything you need to be successful including academic assistance, career guidance, health care, development, community service involvement, and academic excellence. Greek organizations are governed by their respective councils; IFC, NPC, and NPHC.NOTEWORTHY:MINNESOTA VIKINGS DRAFT NEWBERRY ALUM EDMOND ROBINSONMay 1, 2015By Josh Manck, Assistant AD for Athletic CommunicationsCHICAGO- Newberry College graduate Edmond Robinson has been selected in the 2015 National Football League Draft as the 232nd overall pick in the seventh round by the Minnesota Vikings.Robinson is the first NCAA Division II player taken in this years NFL Draft.Robinson is a December 2014 graduate of Newberry College and a native of Wadmalaw Island, S.C., and St. Johns HS alumnus. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,278,467 | ExpenseAmt |
| Revenue | $8,667,915 | RevenueAmt |
| Desc | Auxiliary EnterprisesYour dining experience is more than great food. It is community experience centered on culinary expertise, fresh ingredients, healthy options and a shared sense of environmental and social responsibility. Our team is committed to creating the best possible dining experience. Join us to experience the comfort, convenience, outstanding food and inviting atmosphere designed especially for you. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)
| ExpenseExpenseAmt | GrantGrantAmt | DescDesc |
|---|---|---|
| $378,930 | $40,000 | Academic SupportNOTEWORTHYNEWBERRY COLLEGE HITS RECORD HIGH FRESHMAN ENROLLMENTSeptember 8, 2014Newberry College welcomed a record high 379 new students to campus this fall, a 19 percent increase compared to this time last year and the largest incoming class in the 157 year history of the College.NEWBERRY COLLEGE RECEIVES ACCREDITATION REAFFIRMATIONDecember 8, 2014Record-breaking enrollment and fundraising results helped fuel accrediting agencys decision.Newberry College has been fully reaffirmed for accreditation by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC) the accrediting agency today announced. The College will next be reviewed as part of the regular SACSCOC five-year review process and undergo the complete reaffirmation process as normal in 2022. |
| $114,019 | Public ServiceNOTEWORTHY:THREE NEWBERRY ART PROFESSORS FEATURED IN REGIONAL EXHIBITIONApril 20, 2015Newberry College Art faculty are part of a show featuring 25 recent works by four regional artists at an exhibition on the campus of Spartanburg Methodist College in Ellis Hall Gallery. The exhibition runs now through May 15; it is free and open to the public.NEWBERRY COLLEGE PROFESSOR'S BIZCAMP SETS OUT TO TEACH YOUNG ADULTS FUNDAMENTALS OF BUSINESSJuly 17, 2014By: Kelly Petty of ColaDaily.comA group of Midlands students gathered at the Richland Library this week to learn the fundamentals of business ownership. Newberry College professor Paul Smith teamed up with Palmetto Citizens Federal Credit Union to host the third annual BizCamp to teach young people entrepreneurship and financial literacy. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $492,949 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $40,000 | TotalOtherProgSrvcGrantAmt |
| Total Program Service Expenses | $34,330,011 | 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 | Yes (1) | 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 | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | 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 | Yes (1) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | 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 | 1151 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 489 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| 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 | 0 | 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 | 25 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 24 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | 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 | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Anissa Truesdale | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8032765010 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2100 College Street | AddressLine1Txt |
| City | Newberry | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29108 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (29 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| Mr Hugo A Hap Pearce II | |||||||
| Board Chair | 10.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Mr Joel M Carter | |||||||
| Board Vice Chair | 8.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Mr R Jonathan Shot Hart | |||||||
| Treasurer | 8.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Mr Fred B Johnston | |||||||
| Secretary | 8.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Ms Cindee Bailey | |||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Dr Laura N Black | |||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Dr Joe Blair Trey Castles | |||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Ms Barbara L Davis | |||||||
| Trustee | 5.00 | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Mr Paul H Derrick | |||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr Larry Dibiase | |||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr Eddie Havird | |||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr Robert James | |||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Ms Barbara Hartley Carey | |||||||
| Trustee | 5.00 | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Mr Frank Snyder | |||||||
| Trustee | 5.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Mr Kirk Bridges | |||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr William Dukes | |||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr Joe Trainor | |||||||
| Trustee/Exe Comm at Large | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Ms Misty West | |||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| The Rev Herman R Yoos III | |||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr Eric Wells | |||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr Wade Nichols | |||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr Eddie Gunn | |||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr John Michael Surles | |||||||
| Trustee | 5.00 | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Mr Marshall Prince | |||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Mr Eugene Chin Yu | |||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Maurice Sherrens | |||||||
| President | 37.50 | 1.00 | Yes (X) | $225,000 | $0 | $14,718 | |
| Kathy Worster | |||||||
| VP Admin Affairs & CFO | 37.50 | Yes (X) | $129,755 | $0 | $17,121 | ||
| Timothy Elston | |||||||
| VPAA & Dean of College | 37.50 | Yes (X) | $117,339 | $0 | $7,028 | ||
| James Scott Joyner | |||||||
| VP Institutional Advancement | 37.50 | 2.00 | Yes (X) | $125,739 | $0 | $19,310 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $597,833 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $58,177 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | 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 |
|---|---|---|---|---|---|
| Aramark Services | |||||
| PO Box 828441 | Philadelphia | PA | 191828441 | Facilities management | $1,895,734 |
| Sodexo | |||||
| 2100 College Street | Newberry | SC | 29108 | Food services | $1,348,631 |
| Net3 Technology Inc | |||||
| 105 N Spring St Ste 100 | Greenville | SC | 29601 | Information technology services | $529,616 |
| Rock EnRollment Consulting Inc | |||||
| 3133 Lakeview Drive | Delray Beach | FL | 33445 | Consulting | $156,000 |
| Atchson Transportation Services Inc | |||||
| PO Box 1728 | Spartanburg | SC | 293041728 | Bus transportation | $139,400 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 10 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $4,347 | FundraisingAmt |
| All Other Contributions | $3,525,326 | AllOtherContributionsAmt |
| Noncash Contributions | $160,000 | NoncashContributionsAmt |
| Total Contributions | $3,529,673 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Tuition and fees | 611310 | $25,209,322 | $25,209,322 |
| Auxiliary enterprises | 611310 | $8,667,915 | $8,667,915 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $685,382 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $685,382 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $34,562,619 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $525,424 | TotalRevenueColumnAmt |
| Exclusion | $525,424 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $41,693 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $73,970 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$32,277 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$32,277 | TotalRevenueColumnAmt |
| Exclusion | -$32,277 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,656,285 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,778,464 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$122,179 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$122,179 | TotalRevenueColumnAmt |
| Exclusion | -$122,179 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $19,628 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $4,347 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $5,557 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $14,071 | TotalRevenueColumnAmt |
| Exclusion | $14,071 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $38,477,331 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $34,562,619 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $385,039 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,000 | TotalAmt |
| Program Services | $40,000 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,758,915 | TotalAmt |
| Program Services | $13,758,915 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $656,411 | TotalAmt |
| Program Services | $131,471 | ProgramServicesAmt |
| Management And General | $524,940 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,457 | TotalAmt |
| Program Services | $70,457 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,784,900 | TotalAmt |
| Program Services | $7,755,567 | ProgramServicesAmt |
| Management And General | $1,029,333 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $250,130 | TotalAmt |
| Program Services | $67,988 | ProgramServicesAmt |
| Management And General | $182,142 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,169,253 | TotalAmt |
| Program Services | $981,373 | ProgramServicesAmt |
| Management And General | $187,880 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $676,775 | TotalAmt |
| Program Services | $475,699 | ProgramServicesAmt |
| Management And General | $201,076 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,560 | TotalAmt |
| Management And General | $33,560 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,630 | TotalAmt |
| Management And General | $76,630 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $126,628 | TotalAmt |
| Fundraising | $126,628 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,557 | TotalAmt |
| Management And General | $125,557 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,558,258 | TotalAmt |
| Program Services | $5,490,222 | ProgramServicesAmt |
| Management And General | $1,056,927 | ManagementAndGeneralAmt |
| Fundraising | $11,109 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $78,452 | TotalAmt |
| Program Services | $17,728 | ProgramServicesAmt |
| Management And General | $60,724 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $551,297 | TotalAmt |
| Program Services | $429,756 | ProgramServicesAmt |
| Management And General | $121,541 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $509,030 | TotalAmt |
| Program Services | $53,242 | ProgramServicesAmt |
| Management And General | $455,788 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,739,122 | TotalAmt |
| Program Services | $2,055,099 | ProgramServicesAmt |
| Management And General | $684,023 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $634,221 | TotalAmt |
| Program Services | $27,262 | ProgramServicesAmt |
| Management And General | $606,959 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,205 | TotalAmt |
| Program Services | $29,541 | ProgramServicesAmt |
| Management And General | $1,664 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,261,807 | TotalAmt |
| Program Services | $937,110 | ProgramServicesAmt |
| Management And General | $324,697 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,455,391 | TotalAmt |
| Program Services | $1,085,105 | ProgramServicesAmt |
| Management And General | $370,286 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $555,493 | TotalAmt |
| Program Services | $281,096 | ProgramServicesAmt |
| Management And General | $274,397 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Provison for bad debt | $507,147 | $507,147 | ||
| Events | $247,610 | $24,198 | $178,130 | $45,282 |
| Athlectic expenses | $241,146 | $241,146 | ||
| Dues and fees | $213,112 | $67,706 | $145,406 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $223,146 | TotalAmt |
| Program Services | $77,698 | ProgramServicesAmt |
| Management And General | $145,448 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,575,653 | TotalAmt |
| Program Services | $34,330,011 | ProgramServicesAmt |
| Management And General | $7,062,623 | ManagementAndGeneralAmt |
| Fundraising | $183,019 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,491,120 | BOYAmt |
| EOY | $3,851,591 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $3,959 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,184,707 | BOYAmt |
| EOY | $3,334,455 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $364,726 | BOYAmt |
| EOY | $315,305 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,580,012 | BOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $133,982 | BOYAmt |
| EOY | $145,924 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $61,981,649 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $38,164,014 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,168,560 | BOYAmt |
| EOY | $23,817,635 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $14,222,857 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,083,233 | BOYAmt |
| EOY | $3,372,161 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $1,485,661 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,997,896 | BOYAmt |
| EOY | $2,494,807 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,004,236 | BOYAmt |
| EOY | $53,044,355 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $886,483 | BOYAmt |
| EOY | $1,796,119 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,843,720 | BOYAmt |
| EOY | $495,768 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $536,407 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,081,194 | BOYAmt |
| EOY | $26,135,614 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,864,250 | BOYAmt |
| EOY | $682,090 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,675,647 | BOYAmt |
| EOY | $29,645,998 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,925,178 | BOYAmt |
| EOY | $2,572,384 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,286,875 | BOYAmt |
| EOY | $6,352,032 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,116,536 | BOYAmt |
| EOY | $14,473,941 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,328,589 | BOYAmt |
| EOY | $23,398,357 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,004,236 | BOYAmt |
| EOY | $53,044,355 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$3,098,322 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $170,779 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | -$1,196,949 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | -$805,740 | 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 |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,654,461 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,817,480 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,129,956 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,816,534 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,529,673 | CurrentTaxYearAmt |
| Total | $20,948,104 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,654,461 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,817,480 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,129,956 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,816,534 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,529,673 | CurrentTaxYearAmt |
| Total | $20,948,104 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,738,733 | SubstantialContributorsTotAmt |
| Public Support Total170 | $19,209,371 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,835 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | -$5,407 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | -$204,041 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $451,361 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $567,117 | CurrentTaxYearAmt |
| Total | $812,865 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $19,628 | CurrentTaxYearAmt |
| Total | $19,628 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $21,780,597 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $162,561,498 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.88190 | PublicSupportCY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part II, Line 10, Explanation of Other Income: | FormAndLineReferenceDesc |
| Explanation | Fundraising event income - 2014 Amount: $ 19,628. | ExplanationTxt |
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
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $1,317,515 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $15,126,598 | BeginningYearBalanceAmt |
| Contributions | $649,786 | ContributionsAmt |
| Investment Earnings Or Losses | $450,738 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $700,894 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,424,184 | OtherExpendituresAmt |
| End Year Balance | $14,102,044 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $15,551,406 | BeginningYearBalanceAmt |
| Contributions | $290,433 | ContributionsAmt |
| Investment Earnings Or Losses | $1,083,918 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,799,159 | OtherExpendituresAmt |
| End Year Balance | $15,126,598 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $15,171,236 | BeginningYearBalanceAmt |
| Contributions | $310,717 | ContributionsAmt |
| Investment Earnings Or Losses | $945,952 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $876,499 | OtherExpendituresAmt |
| End Year Balance | $15,551,406 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $17,883,820 | BeginningYearBalanceAmt |
| Contributions | $229,852 | ContributionsAmt |
| Investment Earnings Or Losses | -$516,356 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,426,080 | OtherExpendituresAmt |
| End Year Balance | $15,171,236 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $14,752,011 | BeginningYearBalanceAmt |
| Contributions | $245,341 | ContributionsAmt |
| Investment Earnings Or Losses | $3,770,588 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $884,120 | OtherExpendituresAmt |
| End Year Balance | $17,883,820 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.05850 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.00410 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.93740 | 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 | $1,513,139 | OtherCostOrOtherBasisAmt |
| Book Value | $1,513,139 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $44,968,531 | OtherCostOrOtherBasisAmt |
| Depreciation | $23,384,380 | DepreciationAmt |
| Book Value | $21,584,151 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $15,214,385 | OtherCostOrOtherBasisAmt |
| Depreciation | $14,600,090 | DepreciationAmt |
| Book Value | $614,295 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $285,594 | OtherCostOrOtherBasisAmt |
| Depreciation | $179,544 | DepreciationAmt |
| Book Value | $106,050 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $23,817,635 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Cash surrender value of life insurance | $490,560 | C |
| Alternative investments | $438,499 | C |
| Corporate bonds | $2,443,102 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $3,372,161 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | U.S. government loan funds refundable | Desc |
| Amt | $682,090 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $682,090 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $24,037,425 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $170,779 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$14,564,655 | OtherRevenueAmt |
| Revenue Not Reported | -$14,393,876 | RevenueNotReportedAmt |
| Revenue Subtotal | $38,431,301 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $125,557 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$79,527 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $46,030 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $38,477,331 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $27,770,708 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $79,527 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $79,527 | ExpensesNotReportedAmt |
| Expenses Subtotal | $27,691,181 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $125,557 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $13,758,915 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $13,884,472 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $41,575,653 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III, Line 4: | The Newberry College Archives-in the process of transforming a part-time effort into a formal records repository, research library, and outreach effort benefitting internal and external stakeholders-documents the history of the college, appraising, collecting, organizing, describing, and preserving records and other items of permanent institutional value; provides research assistance to administrators, faculty, staff, students, alumni, and the public; and interprets the history of Newberry College to the college community and the public. Preserving and interpreting the college's 160-year record of preparing students in the Lutheran liberal arts tradition for intellectual and personal development, meaningful vocation, and engaged citizenship makes a significant contribution to the institution's mission and helps shape its identity. Newberry College's Special Collections represent approximately 3,500 rare and unique print items donated to the library since its inception. The items represent historic assets as well as materials preserved by the library because of their scarcity, value or fragile condition. Like the archives, Newberry College's Special Collections represent the activities undertaken by the College throughout its history. |
| Part V, Line 4: | The College's endowments consist of approximately 456 individual funds established for a variety of purposes as a result of donor contributions. Part V, Line 1: The prior period adjustment as noted in Form 990, Part XI, Line 8 included a $35,300 adjustment to the 6/30/14 endowment fund balance. This adjustment was made through Part V, Column (b)Prior year, Line 1e, other expenditures for facilities and programs. |
| Part X, Line 2: | The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the statement of activities. As of June 30, 2015, the College had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. The College files informational tax returns in the United States of America (U.S.). The College is generally no longer subject to U.S. federal tax examinations by tax authorities for years before 2011. |
| Part XI, Line 2d - Other Adjustments: | Tuition scholarships -13,758,915. Change in value of perpetual trusts -805,740. |
| Part XI, Line 4b - Other Adjustments: | Rental expenses -73,970. Fundraising event expenses -5,557. |
| Part XII, Line 2d - Other Adjustments: | Rental expenses 73,970. Fundraising event expenses 5,557. |
| Part XII, Line 4b - Other Adjustments: | Tuition scholarships 13,758,915. |
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 | The College publishes an annual notice of non-discrimination in the primary newspaper in our service area, The Newberry Observer and The State newspaper serving the broader Columbia region, which is closest metropolitan area in our service area. |
| Schedule E, Part I, Line 6 | The College utilizes the Federal Supplemental Educational Opportunity Grant, Federal Direct Loans, Federal Pell Grants, Federal Work Study, Federal Perkins Loan, and TEACH Grants. The College has received the National Science Foundation Grant for Education and Human Resources. Lastly, the College has loans through the USDA: Community Facility Direct Loan, Community Facility Guaranteed Loan, and the Business and Industry Guaranteed Loan. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Gross ReceiptsGrossReceiptsAmt | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt |
|---|---|---|---|---|---|---|---|---|
| Coleman Lew | ||||||||
| 326 W 10th Street | Charlotte | NC | 28202 | Consulting | 0 | $0 | $50,062 | -$50,062 |
| Keller McIntyre | ||||||||
| 1156 Fifteenth Street NW Ste 525 | Washington | DC | 42689 | Consulting | 0 | $0 | $42,689 | -$42,689 |
| Jerry Chitty | ||||||||
| 2221 Raven Trail | West Columbia | SC | 29169 | Solicitation/Fundraising | 0 | $0 | $18,877 | -$18,877 |
| Jim Hale | ||||||||
| 2005 College Street | Newberry | SC | 29108 | Planned Giving | 0 | $0 | $15,000 | -$15,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $126,628 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$126,628 | TotalNetToOrganizationAmt |
| Licensed States | SC | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Golf Tournament | Event1Nm |
| Gross Receipts Event1 | $23,975 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $4,347 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $19,628 | GrossRevenueEvent1Amt |
| Cash Prizes Event1 | $400 | CashPrizesEvent1Amt |
| Non Cash Prizes Event1 | $1,604 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $2,000 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $1,221 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $332 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $23,975 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $4,347 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $19,628 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $400 | CashPrizesTotalEventsAmt |
| Non Cash Prizes Total Events | $1,604 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $2,000 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $1,221 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $332 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $5,557 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $14,071 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Newberry College Foundation Board of Visitors | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2100 College St | AddressLine1Txt |
| City | Newberry | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29108 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 576026382 | RecipientEIN |
| IRC Section | 501 (c) 3 | IRCSectionDesc |
| Cash Grant | $40,000 | CashGrantAmt |
| Purpose Of Grant | Land acquisition | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Scholarships | GrantTypeTxt |
| Recipient | 1049 | RecipientCnt |
| Cash Grant | $13,758,915 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | Awarded grants and scholarships are directly credited against the student's tuition balance. The Financial Aid Office tracks the amounts awarded and periodically runs reports to check for changes in eligibility for all outside grants or scholarships. Grants to the Newberry College Foundation Board of Visitors are monitored by the common management between Newberry College and the organization. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Maurice Sherrens | PersonNm |
| Title | President | TitleTxt |
| Base Compensation Filing Org | $225,000 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $15,414 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $240,414 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 1a | FormAndLineReferenceDesc |
| Explanation | Maurice Scherrens, President, receives a housing allowance. The house is located on the College campus, it is provided for the convenience of the College and is a condition of employement. It is not considered taxable income. | ExplanationTxt |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash Grant | $1,000 | CashGrantAmt |
| Type Of Assistance | Tuition assistance | TypeOfAssistanceTxt |
| Assistance Purpose | Financial assistance | AssistancePurposeTxt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| Barbara Joyner | |||
| Family member of James Scott Joyner, VP Institutional Advancement | $45,917 | Compensation and benefits | 0 |
| Sandra J Scherrens | |||
| Family member of Maurice Sherrens, President | $24,000 | Compensation | 0 |
| Oakland Mill Master Tenant LLC | |||
| Entity more than 35% owned by Misty West, Trustee of organization | $1,043,810 | Rental of facilites | 0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule L, Part IV, Business Transactions with Interested Persons: | FormAndLineReferenceDesc |
| Explanation | Oakland Mill Master Tenant is 100% owned by Misty West and family members. | ExplanationTxt |
Schedule M IRS990ScheduleM
Real Estate Residential RealEstateResidentialGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $160,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Appraisal | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Column (b): | FormAndLineReferenceDesc |
| Explanation | The number of contributions represent the number of contributions received, not the number of items donated. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, line 11 | Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's CFO and Director of Financial Reporting. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS. |
| Form 990, Part VI, Section B, line 12c | The organization requires all officers and board members to annually complete and sign a conflict of interest questionnaire. The Chairman of the Board of Trustees, President, CFO, Vice Chairman of the Board of Trustees, and Treasury of the Board of Trustees is responsible for reviewing signed statements and ensuring that interested persons are in compliance with the conflict of interest policy. If a matter related to a potential conflict were to arise the conflict would be reviewed by the Board of Trustees, the interested person would abstain from voting on matters related to the noted conflict. |
| Form 990, Part VI, Section B, line 15 | The independent Board of Trustees determines the compensation for the President. The approval process is documented. The President sets the compensation for the other officer and informs the Board of the compensation, he is independent. |
| Form 990, Part VI, Section C, line 19 | The College's bylaws, constitution and conflict of interest policy are made available to the public upon request. The financial statements are not made available to the public. |
| Form 990, Part VI, line 1a: | The Executive Committee shall have six (6) members, all of whom shall be voting Trustees, except for the President who shall be ex officio without vote and not counted as part of a quorum for the purpose of transacting business. The Chair, Vice Chair, Secretary and Treasurer of the Board of Trustees shall be members. The purpose of the Executive Committee is twofold: 1) It shall serve at the pleasure of the Board as its agent, to address the business of the Board between Board meetings; and 2) It shall assist the Chair and the President in their joint responsibility to help the Board to function effectively and efficiently by suggesting Board meeting agenda items and periodically assessing the quality of Board Committees work. The Executive Committee shall have authority to act for the Board of Trustees on all matters except for the following which shall be reserved for the Board: presidential selection and termination; Trustee and Board officer selection; changes in institutional mission and purposes; changes to the Charter, Constitution or these Bylaws; incurring of corporate indebtedness; sale of College assets or tangible property; adoption of the annual budget; and conferral of degrees. These Bylaws or other Board policy may reserve other powers for the Board of Trustees. In addition to its authority to take action on emergency matters which cannot or should not be deferred to the Board's next scheduled meeting, the Executive Committee shall oversee the work of Board Committees, the College's planning process or progress on planning goals, the Board's responsibility to support the President and assess his or her performance, and review annually the President's compensation and conditions of employment. |
| Form 990, Part XI, line 9: | Change in value of perpetual trusts -805,740. |
| Form 990, Part XII, Line 2c: | The organization's Board assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Newberry College Foundation Board of Visitors | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2100 College Street | AddressLine1Txt |
| City | Newberry | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29108 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 576026382 | EIN |
| Primary Activities | To support the mission of the College | PrimaryActivitiesTxt |
| Legal Domicile State | SC | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | Line 11a, I | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Newberry College | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | Yes (1) | 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 | Yes (1) | 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 |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt |
|---|---|
| Newberry College Foundation Board of Visitors | |
| B | $0 |
| Newberry College Foundation Board of Visitors | |
| K | $0 |